Atishay Ltd.

Atishay Ltd.

BBSE:ATISHAY
138.30
INR
-1.45
(-1.04%)
4.93EPS
40.59P/E
2.22BMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
2026 Y
TTM
Revenue per Share
18.37
20.14
16.95
19.4
20.62
23.71
20.99
23.93
17.99
19.54
39.39
46.58
50.77
46.89
Basic EPS, GAAP
3.05
3.61
2.73
2.98
2.76
3.82
2.23
2.26
0.1
0.59
5.06
6.38
6.5
4.95
Free Cash Flow per Basic Share
- -
4.19
-6.55
0.52
-0.88
-0.67
-0.78
6.37
-0.79
-1.71
5.86
1.9
-6.33
- -
Dividend per Share
- -
0.41
- -
- -
- -
0.6
0.6
- -
0.7
- -
- -
1
1
- -
Book Value per Share
13.92
18.58
20.89
23.81
26.57
29.7
31.14
33.46
32.81
33.41
38.59
44.26
49.93
- -
Tangible Book Value per Share
13.92
18.58
20.89
23.32
25.22
27.26
28.17
30.23
29.18
29.56
34.87
40.9
46.72
- -
Basic Weighted Avg Shares
8
9
11
11
11
11
11
11
11
11
11
11
11
11
Sales/Revenue/Turnover
148
190
186
213
226
260
230
263
198
215
433
511
558
513
Operating Margin (%)
20.34
19.55
18.79
22.07
15.19
19.85
6.46
11.23
-4.41
-2.63
13.96
15.25
14.19
10.92
Depreciation Expense
8
10
6
14
13
13
16
17
15
14
17
18
21
22
Net Income, GAAP
25
34
30
33
30
42
24
25
1
7
56
70
71
54
Effective Tax Rate (%)
30.84
27.25
28.03
30.08
25.65
27.55
3.96
29.52
60.54
35.74
27.15
26.87
25.91
25.75
Profit Margin (%)
16.6
17.95
16.11
15.34
13.38
16.13
10.61
9.43
0.57
3.03
12.84
13.7
12.79
10.56
Working Capital
12
68
18
37
59
83
75
112
105
110
88
141
237
- -
LT Debt
6
3
38
33
25
16
11
1
5
2
8
11
18
- -
Total Equity
153
204
229
262
292
326
342
367
360
367
424
486
551
- -
Return on Invested Capital (%)
- -
14.07
9.31
11.85
8.14
11.5
3.73
5.43
-0.88
-0.84
10.57
11.75
10.43
- -
Return on Capital (%)
- -
18.08
12.21
12.22
10.57
12.62
7.25
7.15
0.62
2.14
13.76
14.75
12.95
- -
Return on Common Equity (%)
- -
19.13
13.83
13.31
10.95
13.59
7.32
6.98
0.31
1.79
14.05
15.4
13.76
- -

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
39
- -
LT Borrowings
- -
18
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
11
11
11
Market Capitalization
2,203
2,414
2,218

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
303
- -
Cash, Cash Equivalents & STI
- -
83
- -
Accounts Receivable, Net
- -
142
- -
Inventories
- -
1
- -
Total Current Liabilities
- -
65
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
39
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
9.3%
8.68%
13.33%
Free Cash Flow
-224.77%
-188.1%
-432.68%
Net Income, GAAP
116.35%
232.73%
1.86%
Sales/Revenue/Turnover
15.09%
22.53%
9.04%
Total Cash Common Dividend
- -
- -
0.01%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
101
130
152
128
511
2026
122
- -
155
102
558
2027
135
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.98
1.32
1.93
2.15
6.38
2026
1.5
- -
1.72
1.61
6.5
2027
0.11
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
1
2026
- -
- -
- -
- -
1
2027
- -
- -
- -
- -
- -

Company Description

CEO
Akhilesh Jain
Full Time Employees
305
Sector
Technology services
Industry
Information technology services
Address
Plot No. 36, Zone-1 Bhopal MP India 462011
IPO Date
Sep 17, 2014
Business
Atishay Limited engages in information technology, database management, software development, e-governance, and fintech services in India. The company offers a comprehensive range of products and services including preparation of electoral rolls, electors photo identity cards, custom software development, multi-recharge and retail fintech solutions, Aadhaar-enabled biometric attendance systems, election project management, legal metrology and electronic measurement books, data entry and scanning solutions, digitization services, document conversion, database management, and doorstep delivery solutions. Its key software products include proprietary platforms such as TrackVec, which provides digital solutions for agricultural cooperative societies and vehicle tracking, E-Sahyog for cooperative society management, and Zapurse, an online self-service portal focusing on banking and FasTAG services. Founded in 1989 and headquartered in Mumbai, India, Atishay operates primarily within India serving government agencies, public sector undertakings, and banks across multiple states. Recently, Atishay Limited has been empaneled as a business associate with RailTel Corporation of India Ltd., a Navratna enterprise under the Ministry of Railways, enhancing its market positioning and project access in IT, e-governance, data center, network, and digital infrastructure services for government and public sector organizations across India. This strategic partnership aims to expand Atishay’s reach into larger government and public sector projects. The company continues to invest in AI, cloud platforms, and cybersecurity innovations to support digital transformation initiatives. Additionally, Atishay has demonstrated strong fintech capabilities through its distributed agent network and transaction processing exceeding Rs 1,900 crores. The company changed its name from Atishay Infotech Limited to Atishay Limited in January 2016 to reflect its diversified service offerings. Atishay Limited’s operations focus on two main segments: E-Governance, which includes B2G services such as election management and biometric solutions; and Retail & Others, which covers multi-recharge retail services and B2B software products. The company’s technology-driven approach targets public sector institutional clients as well as retail financial service markets in India, leveraging over three decades of domain expertise. It maintains a workforce of approximately 285 employees and has a client base spanning more than nine Indian states. Overall, Atishay Limited is a digital solutions company that integrates IT consulting, software solutions, and e-governance technologies with fintech services to support government digital infrastructure, banking inclusion, and public service modernization across India. Its latest strategic alliances and product innovations position it to capitalize on ongoing digital expansion in the country’s public and financial sectors.