Sancode Tech.

What does Sancode Tech. do?

Sancode Technologies Ltd, a Micro Cap company in the Computers - Software & Consulting industry, was incorporated in 2016 and became public in 2023. As of September 2024, it reported net sales of 6 Cr and a market cap of Rs 20 Cr, with a P/E ratio of 19.00.

Overview:<BR>Sancode Technologies Ltd operates in the Computers - Software & Consulting industry and is classified as a Micro Cap company.<BR><BR>History:<BR>Sancode Technologies Ltd was originally incorporated in 2016 as "ZNL Startup Advisory Private Limited." The company changed its name to "Sancode Technologies Private Limited" on November 18, 2022, and subsequently became "Sancode Technologies Limited" upon conversion to a Public Limited Company on January 02, 2023. The latest quarterly results reported net sales and profit for September 2024.<BR><BR>Financial Snapshot:<BR>Net Sales: 6 Cr (Quarterly Results - Sep 2024) <BR>Net Profit: 0 Cr (Quarterly Results - Sep 2024) <BR>Market Cap: Rs 20 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 19.00 <BR>Industry P/E: N/A <BR>Dividend Yield: 0.00% <BR>Debt Equity: -0.19 <BR>Return on Equity: 12.25% <BR>Price to Book: 4.81 <BR><BR>Contact Details:<BR>Details: No Company Details Available <BR>Registrar Address: Not available.

When is the next results date for Sancode Tech.?

No Upcoming Board Meetings

Has Sancode Tech. declared dividend?

No Dividend History Available

Who are the peers of the Sancode Tech.?

Sancode Tech.'s peers include TCS, Infosys, HCL Technologies, Wipro, Tech Mahindra, ECS Biztech, California Soft., Euphoria Infotec, and Plada Infotech S. Sancode Tech. has below-average management risk, average growth, and the lowest 1-year return at -36.93% among its peers.

Peers: The peers of Sancode Tech. are TCS, Infosys, HCL Technologies, Wipro, Tech Mahindra, ECS Biztech, California Soft., Euphoria Infotec, and Plada Infotech S.<BR><BR>Quality Snapshot: Excellent management risk is observed at TCS and Infosys, while Average management risk is found at HCL Technologies and California Soft. Good management risk is noted at Wipro, Tech Mahindra, Euphoria Infotec, and Plada Infotech S, and the rest have Below Average management risk, including Sancode Tech. Growth is Good for TCS and Infosys, Average for California Soft. and Euphoria Infotec, and Below Average for Wipro, Tech Mahindra, and Plada Infotech S, while Sancode Tech. has Average growth and the rest do not qualify. Capital Structure is Excellent for TCS, Infosys, HCL Technologies, Wipro, Tech Mahindra, and the rest have Below Average capital structure, including Sancode Tech.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Infosys at 9.93%, while the peer with the lowest is Sancode Tech. at -36.93%, indicating that Sancode Tech.'s return is significantly lower than its peers. Additionally, ECS Biztech, California Soft., and Sancode Tech. have negative six-month returns.

What is the technical trend for Sancode Tech.?

As of May 28, 2025, Sancode Tech's technical trend is mildly bearish, influenced by daily moving averages and monthly Bollinger Bands, despite a mildly bullish weekly MACD and Dow Theory.

As of 28 May 2025, the technical trend for Sancode Tech has changed from bearish to mildly bearish. The weekly MACD indicates a mildly bullish stance, while the daily moving averages reflect a mildly bearish outlook. The Dow Theory shows a mildly bullish trend on the weekly chart but is bearish on the monthly. The Bollinger Bands are sideways on the weekly and mildly bearish on the monthly. Overall, the current technical stance is mildly bearish, driven primarily by the daily moving averages and the monthly Bollinger Bands.

Who are the top shareholders of the Sancode Tech.?

The top shareholder of Sancode Tech is Znl Startup Accelerator LLP, holding 36.69%. Other notable shareholders include Futurewale IT Consulting LLP with 3.06% and individual investors who collectively own 20.1%.

The top shareholders of Sancode Tech include the promoters, with Znl Startup Accelerator LLP holding the largest stake at 36.69%. There are no pledged promoter holdings, and the company does not have any mutual funds or foreign institutional investors (FIIs) holding shares. The highest public shareholder is Futurewale IT Consulting LLP, which owns 3.06%. Additionally, individual investors collectively hold 20.1% of the company's shares.

How big is Sancode Tech.?

As of 24th July, Sancode Technologies Ltd has a market capitalization of 24.00 Cr and reported Net Sales of 10.11 Cr with a Net Profit loss of 2.11 Cr over the latest four quarters. As of March 2024, Shareholder's Funds were 5.81 Cr and Total Assets were 7.19 Cr.

As of 24th July, Sancode Technologies Ltd has a market capitalization of 24.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Sancode Technologies Ltd reported Net Sales of 10.11 Cr. However, the company experienced a loss of 2.11 Cr in Net Profit during the same period.<BR><BR>The latest annual period for the balance sheet is March 2024, where Shareholder's Funds amounted to 5.81 Cr and Total Assets were valued at 7.19 Cr.

Are Sancode Tech. latest results good or bad?

Sancode Technologies reported mixed results for Q3 2024, with a significant increase in profitability (PAT of Rs 0.14 crore and EPS of Rs 0.34) but a concerning 20.59% decline in net sales. Despite the positive earnings trend, the 'Strong Sell' recommendation from MarketsMOJO suggests caution for investors.

Sancode Technologies has reported a mixed financial performance for the quarter ending September 2024. On the positive side, the company has shown significant improvements in profitability metrics. The profit after tax (PAT) reached Rs 0.14 crore, which is the highest in the last five quarters, and the earnings per share (EPS) also increased to Rs 0.34. This indicates a positive trend in profitability and earnings for shareholders.<BR><BR>However, there are some concerning aspects as well. The net sales experienced a decline of 20.59% compared to the previous quarter, which is a significant drop. While the standalone net profit showed a remarkable growth of 380% compared to the previous quarter, it is essential to consider the overall context of declining sales.<BR><BR>Additionally, despite the positive trends in operating profit, the company has received a 'Strong Sell' recommendation from MarketsMOJO, which suggests that there may be underlying issues that investors should be cautious about.<BR><BR>In summary, while Sancode Technologies has shown improvements in profitability and earnings, the decline in sales and the negative market sentiment indicate that the overall results could be seen as concerning. Investors should weigh these factors carefully before making any decisions.

How has been the historical performance of Sancode Tech.?

Sancode Tech has experienced significant sales growth, with net sales rising from 1.55 Cr in March 2023 to 13.81 Cr in March 2025, but faced challenges with rising expenditures and negative cash flow, despite a recovery in profitability by March 2025. Total assets and liabilities increased concurrently, reflecting a growing financial base.

Answer:<BR>The historical performance of Sancode Tech has shown significant fluctuations over the years, particularly in net sales and profitability.<BR><BR>Breakdown:<BR>Sancode Tech's net sales have increased dramatically from 1.55 Cr in March 2023 to 13.81 Cr in March 2025, indicating a strong growth trajectory. Total operating income has followed a similar trend, rising from 1.56 Cr in March 2021 to 13.81 Cr in March 2025. However, the company has faced challenges with total expenditure, which rose from 1.87 Cr in March 2021 to 13.67 Cr in March 2025, leading to varying operating profits. The operating profit margin, which was positive at 16.39% in March 2022, turned negative in subsequent years, but improved to 1.01% by March 2025. Profit before tax showed a recovery to 0.47 Cr in March 2025 after a loss of 1.69 Cr in March 2024. Profit after tax also rebounded to 0.85 Cr in March 2025, compared to a loss of 1.75 Cr in the previous year. The company's total assets increased from 2.20 Cr in March 2021 to 7.46 Cr in March 2025, while total liabilities rose from 2.20 Cr to 7.46 Cr in the same period, reflecting a growing financial base. Cash flow from operating activities remained negative at -2.00 Cr in March 2025, consistent with the previous year, indicating ongoing cash flow challenges despite the increase in sales.

Is Sancode Tech. overvalued or undervalued?

As of December 3, 2025, Sancode Tech. is considered overvalued with a high PE ratio of 160.39 and low ROE of 8.91%, especially when compared to peers like TCS and Infosys, despite impressive year-to-date stock returns of 178.92%.

As of 3 December 2025, Sancode Tech. has moved from a risky to a very expensive valuation grade. The company is overvalued, as indicated by its high PE ratio of 160.39, EV to EBIT of 78.95, and EV to EBITDA also at 78.95. In comparison, peers such as TCS and Infosys have significantly lower PE ratios of 22.88 and 23.32, respectively, highlighting the stark contrast in valuation metrics.<BR><BR>The company's return on equity (ROE) stands at 8.91%, which is relatively low given its high valuation. Additionally, while Sancode Tech. has shown impressive year-to-date stock returns of 178.92%, this is juxtaposed against a Sensex return of only 8.92%, indicating that the stock's performance may not be sustainable at its current valuation levels. Overall, the metrics suggest that Sancode Tech. is not only overvalued but also presents a risk given its high valuation ratios compared to its peers.

Should I buy, sell or hold Sancode Technologies Ltd?

Which are the latest news on Sancode Tech.?

Why is Sancode Technologies Ltd falling/rising?

As of 11-Apr, Sancode Technologies Ltd's stock price is stable at 265.60, but it has underperformed its sector and shows signs of erratic trading. Despite a significant annual return of 520.85%, concerns about long-term fundamentals and declining investor interest may affect its attractiveness.

As of 11-Apr, Sancode Technologies Ltd's stock price is currently stable at 265.60, showing no change (0.00%). Despite this stability, the stock has been underperforming relative to its sector, with a performance today that is down by 4.2%. Additionally, the stock has not traded on 2 out of the last 20 days, indicating erratic trading behavior.<BR><BR>In terms of market performance, while the stock has generated an impressive return of 520.85% over the past year, significantly outperforming the market's return of 9.24%, there are concerns regarding the company's long-term fundamental strength. The company has not declared results in the last six months, which raises questions about its financial health. Furthermore, the operating profit growth over the past five years has been modest at an annual rate of 8.19%, and the company's ability to service its debt is weak, evidenced by a poor EBIT to Interest ratio of -0.39.<BR><BR>Investor participation has also declined, with delivery volume falling by 68.75% compared to the 5-day average, suggesting reduced interest from investors. Although the stock is close to its 52-week high, being only 2.26% away, the lack of recent trading activity and declining investor engagement could contribute to a perception of risk, making the stock less attractive to potential buyers.<BR><BR>Overall, while Sancode Technologies Ltd has shown remarkable short-term gains, the combination of weak long-term fundamentals, declining investor participation, and erratic trading patterns may be contributing factors to its current price stability and potential for future declines.