ACS Technologies Ltd
NSE: ACSTECH BSE: 530745IT / Software
Incorporated in 1995, ACS Technologies Ltd is in the business as System Integrator, Security and Surveillance, IOT Solutions, Software Products and Services, in the area of Information Technology[1]
₹34.3
52W: ₹18.3 — ₹45.8
PE 29.2 · Book ₹16.7 · +105% vs bookMarket Cap₹208 Cr
Stock P/E29.2Price to Earnings
ROCE6.48%Return on Capital
ROE4.75%Return on Equity
Div. Yield0%Face Value ₹10
Strengths
- +Debtor days have improved from 195 to 154 days.
- +Company's median sales growth is 17.4% of last 10 years
- +Company's working capital requirements have reduced from 196 days to 123 days
Weaknesses
- −Though the company is reporting repeated profits, it is not paying out dividend
- −Company has a low return on equity of 5.56% over last 3 years.
- −Company has high debtors of 154 days.
Shareholding Pattern
Promoters43.21%
FIIs0%
DIIs0%
Public56.8%
| Category | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters | 47.7% | 47.7% | 47.7% | 47.7% | 47.7% | 44.09%▼3.6 | 43.37%▼0.7 | 43.21%▼0.2 |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 52.31% | 52.31% | 52.31% | 52.31% | 52.31% | 55.91%▲3.6 | 56.64%▲0.7 | 56.8%▲0.2 |
Financial Statements
| Metric | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 |
|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 16.88 | 24.78 | 28 | 16.28 | 27.68 | 29.95 | 37.63 | 18.48 | 29.53 | 41.98 |
| Expenses | 14.66 | 21.89 | 23.92 | 13.98 | 24.82 | 27.39 | 35.63 | 16.28 | 24.85 | 35.49 |
| Operating Profit | 2.22 | 2.89 | 4.08 | 2.3 | 2.86 | 2.56 | 2 | 2.2 | 4.68 | 6.49 |
| OPM % | 13.15% | 11.66% | 14.57% | 14.13% | 10.33% | 8.55% | 5.31% | 11.9% | 15.85% | 15.46% |
| Net Profit | 0.14 | 1.28 | 2.28 | 0.77 | 1.45 | 0.5 | 1.86 | 0.68 | 2.01 | 2.58 |
| EPS ₹ | 0.01 | 0.13 | 0.38 | 0.13 | 0.24 | 0.08 | 0.31 | 0.11 | 0.33 | 0.42 |
AI Insights
Revenue Trend
TTM revenue at ₹128Cr, up 14.3% YoY. OPM at 12%.
Debt Position
Borrowings at ₹38Cr. Debt-to-equity ratio: 0.93x. Moderate leverage.
Institutional Flow
DIIs: 0% (+0.00pp change). FIIs: 0% (+0.00pp change). Promoters hold 43.21%.
Margin & Efficiency
ROCE improving from -2% (Sep 2010) to 6% (Mar 2025). Working capital days: 123.
Valuation
PE 29.2x with 6.48% ROCE. Price is 105% above book value of ₹16.7. Dividend yield: 0%.
Recent Announcements
- Announcement under Regulation 30 (LODR)-Monitoring Agency Report 2d - CARE monitoring report for ACS Technologies' ₹124.03 crore issue shows nil deviation for quarter ended 31 March 2026.
- Announcement under Regulation 30 (LODR)-Press Release / Media Release 12 May - ACS Technologies signed non-binding MoU with XDLINX Space Labs on May 12, 2026 for space-defence synergies.
- Announcement Under Regulation 30 (LODR) 21 Apr - NSE permitted trading of ACS Technologies shares under permitted category from April 20, 2026.
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 20 Apr - Company confirmed it is not a SEBI large corporate; outstanding borrowings were 0.48 crore.
- Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order 15 Apr - ACS Technologies received ₹14.33 crore domestic work order from Kernex Microsystems for TCAS PCB services.
- Financial Year 2025 from bse
- Financial Year 2024 from bse
- Financial Year 2023 from bse