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Sasken Technologies Ltd

NSE: SASKEN BSE: 532663IT / Software

Established in 1989, Sasken is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor, Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, and Transportation industries, etc. Located in India, the company has presence all over the world

1,836
52W: ₹991 — ₹1959
PE 40.9 · Book ₹534 · +244% vs book
Market Cap₹2,788 Cr
Stock P/E40.9Price to Earnings
ROCE10.7%Return on Capital
ROE8.51%Return on Equity
Div. Yield1.39%Face Value ₹10

Strengths

  • +Company is almost debt free.
  • +Company has been maintaining a healthy dividend payout of 60.4%

Weaknesses

  • Stock is trading at 3.37 times its book value
  • The company has delivered a poor sales growth of 6.29% over past five years.
  • Company has a low return on equity of 8.36% over last 3 years.
  • Earnings include an other income of Rs.32.7 Cr.
  • Working capital days have increased from 42.7 days to 104 days

Shareholding Pattern

Promoters42.95%
FIIs18.54%
DIIs1.05%
Public37.4%
CategoryJun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Promoters43.25%43.1%0.143.11%0.043.07%0.043.07%43.08%0.043.08%42.95%0.1
FIIs18.38%18.27%0.118.48%0.218.45%0.018.48%0.018.52%0.018.87%0.418.54%0.3
DIIs1.21%1.31%0.11.31%1.21%0.11.21%1.21%0.66%0.51.05%0.4
Public37.11%37.25%0.137.05%0.237.22%0.237.19%0.037.15%0.037.35%0.237.4%0.0

Financial Statements

MetricDec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
Sales8186101112118114118132137145
Expenses758798111113116115117114125
Operating Profit6-1326-13152320
OPM %7%-2%3%1%5%-1%3%12%17%14%
Net Profit2117151112119161920
EPS ₹13.9211.049.847.177.717.576.0610.7612.8613

AI Insights

Revenue Trend

Mar 2026 revenue at ₹533Cr, up 19.5% YoY. OPM at 12%.

Debt Position

Borrowings at ₹20Cr. Debt-to-equity ratio: 0.03x. Healthy balance sheet.

Institutional Flow

DIIs: 1.05% (+1.05pp change). FIIs: 18.54% (-0.01pp change). Promoters hold 42.95%.

Margin & Efficiency

ROCE improving from 9% (Mar 2015) to 11% (Mar 2026). Working capital days: 104.

Valuation

PE 40.9x with 10.7% ROCE. Price is 244% above book value of ₹534. Dividend yield: 1.39%.

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