Icodex Publishing Solutions Limited

Icodex Publishing Solutions Limited

BBSE:ICODEX
39.25
INR
-0.75
(-1.87%)
491.47MMarket Cap
Icodex Publishing Solutions Limited
BSE:ICODEX
(Bombay Stock Exchange)

Recent

price

39.25

P/E

ratio

- -

div

yld

- -

ROIC.AI

2022
2023
2024
2025
2026
TTM
INR
5.23
6.1
6.65
13.99
18.03
- -
Revenue per Share
0.82
1.16
2.81
5.73
4.93
- -
Basic EPS, GAAP
0.42
0.26
0.48
-2.85
-9.14
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
Dividend per Share
1.52
2.68
5.49
12.18
36.01
36.01
Book Value per Share
1.4
2.23
3.23
3.42
22.94
22.94
Tangible Book Value per Share
16
16
16
16
14
16
Basic Weighted Avg Shares
82
95
104
219
259
- -
Sales/Revenue/Turnover
22.94
17.52
37.5
59.46
38.47
- -
Operating Margin (%)
1
3
4
6
7
- -
Depreciation Expense
13
18
44
90
71
- -
Net Income, GAAP
22.35
1.64
1.09
30.13
30.87
- -
Effective Tax Rate (%)
15.74
19
42.28
40.94
27.36
- -
Profit Margin (%)
15
22
30
51
163
163
Working Capital
- -
- -
- -
- -
- -
- -
LT Debt
24
42
86
190
563
563
Total Equity
- -
49.67
55.42
55.48
16.28
- -
Return on Invested Capital (%)
- -
55.24
64.71
57.6
17.2
- -
Return on Capital (%)
- -
55.11
68.79
64.82
18.83
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
ST Debt
30
42
70
LT Borrowings
- -
- -
- -
LT Finance Leases
- -
- -
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
16
16
16
Market Capitalization
- -
699
491

Working Capital

INR

•

in mil. unless spec.
Mar'25
Sep'26
Mar'26
Total Current Assets
102
327
255
Cash, Cash Equivalents & STI
36
226
78
Accounts Receivable, Net
49
89
116
Inventories
- -
- -
- -
Total Current Liabilities
52
74
92
Payables & Accruals
- -
- -
- -
ST Debt
30
42
70
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
- -
195.62%
Free Cash Flow
- -
- -
195.39%
Net Income, GAAP
- -
- -
-20.8%
Sales/Revenue/Turnover
- -
- -
18.53%
Total Cash Common Dividend
- -
- -
- -

Semi-annual Revenue

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
104
2025
- -
- -
219
2026
- -
- -
259

Semi-annual Earnings Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
2.81
2025
- -
- -
5.73
2026
- -
- -
4.93

Semi-annual Dividends Per Share

INR

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -
Business
Icodex Publishing Solutions Limited is an India-based provider of comprehensive digital publishing, content transformation, and prepress solutions for the global publishing industry. Founded in 1999 and headquartered in India, the company operates within the information technology-enabled services and media publishing sector, serving academic publishers, university presses, scientific, technical, and medical (STM) societies, educational institutions, trade publishers, and corporate enterprises across North America, Europe, the United Kingdom, and the Asia-Pacific region. The company provides a wide range of specialized publishing products and services, including prepress composition and automated typesetting; copyediting, substantive editing, proofreading, and language localization; structured data conversion, including XML, HTML, MathML, and TEI coding; digital asset transformation and legacy print digitization via optical character recognition and manual remediation; electronic book production across EPUB2, EPUB3, reflowable, fixed-layout, and MOBI formats; interactive PDF generation and digital courseware development; graphic design, technical illustration, and artwork processing; metadata tagging, cataloging, and indexing conforming to ONIX, JATS, and BITS standards; and end-to-end editorial project management and journal production workflows. In recent developments, Icodex Publishing Solutions Limited has strategically enhanced its production infrastructure by deploying artificial intelligence and machine learning-assisted tools across its content pre-editing, automated proofing, and XML-first production workflows to reduce cycle times and improve output accuracy. The company has also expanded its business footprint through new service partnerships with international academic and STM publishing houses, upgraded its secure cloud-based project management platforms to facilitate collaborative global workflows, and broadened its digital conversion capabilities to produce accessible educational content meeting international digital accessibility and WCAG standards.