# IZMO share price today (IZMO Ltd, NSE: IZMO) > IZMO share price today: ₹802.80 at the NSE close on 3 November 2026, down 2.1% in a year. IZMO (NSE: IZMO) is worth ₹1,204 crore, trades at a P/E of 22.4 and has closed between ₹573.70 and ₹1,124.00 over the past 52 weeks. > IZMO Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. IZMO · IT - Software · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/izmo-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Turning around, from the last 12 quarters - Price: ₹802.80 (−2.1% in a year) - P/E: 22.4× (higher than 79% of the last 11 years) - Revenue (Jun 2026): ₹65.0 Cr (+14.0% on a year ago) - Profit (Jun 2026): ₹12.0 Cr (+100.0% on a year ago) - Operating margin: 25.0% (+8.0 points on a year ago) - ROCE: 13%, FY26 - ROIC: 10.0%, against a 12.0% cost of capital: −2.0 points The main question: profits are rising, but only 45% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. ## What is the IZMO share price today? IZMO Ltd's share price was ₹802.80 at the close on 3 November 2026. It has been rising for 22 weeks. That is 4.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹574 and ₹1,124, and at that close it sat 42% of the way up from that low. Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 14 weeks running. Over the last 11 years the share price moved +1,450% while the NIFTY 500 moved +251%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 7 August 2026. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at IZMO this quarter? 2. Best operating margin in 13 quarters Operating margin was 25% in the June 2026 quarter, against 17% a year earlier. ## What are IZMO's latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), IZMO reported revenue of ₹65.0 crore, up 14.0% from ₹57.0 crore a year earlier, and a profit of ₹12.0 crore, up 100.0% from ₹6.00 crore. ### IZMO results: April to June 2026 against a year earlier | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹65.0 crore | ₹57.0 crore | +14.0% | | Profit | ₹12.0 crore | ₹6.00 crore | +100.0% | | Earnings per share | ₹8.15 | ₹4.03 | +102.2% | | Operating margin | 25.0% | 17.0% | +8.0 points | The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). The newest call in our records is from 2 June 2026, about January to March 2026; a call about these results is not in our records yet. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.) ## What is the IZMO share price history? IZMO closed at ₹802.80 on 3 November 2026, down 2.1% from ₹819.70 a year earlier (31 October 2025) and up 764.2% over five years. Its highest weekly close since March 2016 was ₹1,348.70 on 26 September 2025. ### IZMO share price: then and now | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹710.15 | +13.0% | | 1 month ago · 1 Oct 2026 | ₹858.40 | −6.5% | | 6 months ago · 30 Apr 2026 | ₹709.40 | +13.2% | | 1 year ago · 31 Oct 2025 | ₹819.70 | −2.1% | | 3 years ago · 3 Nov 2023 | ₹215.95 | +271.8% | | 5 years ago · 4 Nov 2021 | ₹92.90 | +764.2% | | 10 years ago · 4 Nov 2016 | ₹50.50 | +1,489.7% | | Earliest weekly close in our records · 11 Mar 2016 | ₹51.80 | +1,449.8% | | Highest weekly close since March 2016 · 26 Sep 2025 | ₹1,348.70 | −40.5% | | Lowest weekly close since March 2016 · 27 Mar 2020 | ₹11.35 | +6,973.1% | | 52-week high (weekly close) · 17 Jul 2026 | ₹1,124.00 | −28.6% | | 52-week low (weekly close) · 1 Feb 2026 | ₹573.70 | +39.9% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (561 weekly closes from 11 March 2016 to 3 November 2026.) ## What is the latest news on IZMO? 3 Nov 2026: IZMO closed at ₹802.80, up 13.0% on the week and down 6.5% on the month. Results for April to June 2026: Revenue up 14.0% and profit up 100.0% on a year earlier. ### Earlier - 2 Jun 2026: IZMO held its results call for January to March 2026. Management guided: Izmo Micro FY27 revenue ₹45-50 crores. ## What dividend does IZMO pay? IZMO has paid no dividend on the NSE since 1 April 2021, the start of the period we checked. No. IZMO Ltd paid out 0% of its profit as dividends in each of its last 13 reported years, so there is no payout history to show. That comes from the filed annual statements, not an estimate. (From the NSE corporate-actions record, read 4 November 2026.) ## What did IZMO management say on the latest results call? On the call for January to March 2026, held on 2 June 2026, IZMO's management guided: Izmo Micro FY27 revenue ₹45-50 crores. > “After 5 years, we expect Izmo Micro revenue to be between Rs 1,200-1,500 crores” > Sanjay Soni, Managing Director, on the call for January to March 2026 ### What management guided - Consolidated FY27 revenue growth 20-25% on a year earlier (refused to commit to 30-35%) - Consolidated operating margin 20-25% FY27, 30%+ FY28. - Izmo Micro segment operating margin 35%+ at scale; blended business 30%+ by FY28. - Capital spending ₹150 crore (₹125 capital spending, ₹25 working capital); equity-debt mix finalized within 30-45 days. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijorifinance.com/insight/india/4350/Conference Call/CC-Jun26.pdf). (From the call for January to March 2026, 2 June 2026. The April to June 2026 results are out since, so this part may be out of date until we update it.) ## What to watch in IZMO's next results? When IZMO reports July to September 2026, these are the 4 checks that show whether the story is still on course. First: Defense electronics supply contracts to transition from qualification to ongoing revenue by April 2026 - per management flagging April to June 2026 ramp commencement. - What to check (from the call) - Defense electronics supply contracts to transition from qualification to ongoing revenue by April 2026 - per management flagging April to June 2026 ramp commencement. - Izmo Micro April to June 2026 revenue should show meaningful progress toward full-year ₹45-50 crore goal with order book execution visible - per management 9-month timeline on ₹42 crore order book. - Blended operating margin should trend toward 20-25% FY27 guidance range; other expenses normalize to ₹10-15 crore quarterly from Q4 extraordinary ₹69 crore - per management normalization commentary. - Capital spending raise financing structure (equity-debt mix) to be announced within 30-45 days of call date - per management commitment to clarity on ₹150 crore capital raise structure. ## Which stock lists is IZMO on? IZMO is on one of our India lists: IT stocks. [IT stocks Market value (₹ crore): 1031.399121173754](https://www.sectoralpha.in/sectors/it-stocks-india) ## Is IZMO profitable? IZMO Ltd earned ₹12.0 Cr of net profit in the Jun 2026 quarter, +100.0% on the same quarter a year earlier. That is the 3rd quarter in a row of profit growth. Full-year FY26 profit was ₹48.0 Cr. Over 10 years profit has grown 37.4% a year on average. That is 18.5% of the quarter's revenue. The same quarter a year earlier earned ₹6.0 Cr. For the full year, FY26 profit was ₹48.0 Cr (−2.0% on the year before). Why profit moved: revenue changed +14.0% on a year earlier and the margin moved +8.0 percentage points. Most of the change came from keeping more of each sale. On average over the last four quarters, profit changed +71.5% and revenue +24.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does IZMO make, and is it growing? IZMO Ltd reported ₹65.0 Cr of revenue in the Jun 2026 quarter, +14.0% on the same quarter a year earlier. That is the 2nd quarter in a row with growth on the year before. Over 10 years it has grown 20.8% a year on average. The last full year, FY26, came in at ₹285 Cr. The last four reported quarters add to ₹293 Cr. FY26 revenue was ₹285 Cr, +26.7% on the year before. Recent pace: the last four quarters grew +24.4% on average, against 20.8% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +24.7%, against +23.2% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +10.2%, against +41.4% a year (rolling over). ## How much of every ₹100 of sales does IZMO keep? IZMO Ltd's operating margin was 25.0% in the Jun 2026 quarter, 8.0 percentage points higher than the same quarter a year ago. Across 13 years it has been between −15.0% and 28.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +8.0 percentage points on the year while gross margin changed −0.6 points. So the gain came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is IZMO's profit turning into cash? Over the last 3 years, 45% of IZMO Ltd's reported profit came in as cash from its operations, a gap worth watching. In FY26 it brought in ₹20.0 Cr of operating cash against ₹48.0 Cr of profit. After ₹32.0 Cr of spending on assets, free cash was −₹12.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 45% of profit came in as cash: the cash cycle got 78 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. When less than 70% of profit comes in as cash, it is the thing to watch on this page. What to look at next: less of the profit turns into cash than it should, and the cash cycle is 78 days longer. The next section looks at where the cash is stuck. ## Where does IZMO's cash go? IZMO Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 165 days in FY26, up from 87 days in FY21. It spent ₹92.0 Cr on assets over the last 3 years. At FY26 sales of ₹285 Cr, each day of that cycle ties up about ₹0.8 Cr, so roughly ₹129 Cr is tied up in the business at any time. Spending on assets: ₹92.0 Cr over the last 3 years, against ₹48.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is building well beyond replacing what wears out. Work still in progress is ₹5.0 Cr (FY26): assets paid for that are not earning yet. In short: cash is getting stuck in the daily cycle, so watch the cycle more than the profit. ## What is IZMO's P/E ratio, and how does it compare with its own history? IZMO Ltd's P/E is 22.4×, near the high end of its own history: higher than 79% of past readings. Its usual P/E (the middle reading) is 11.2×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. Why the multiple is where it is: over the past year earnings per share moved −3.3% while the price moved −2.1%. The price did better than earnings, which pushed the multiple up within its own range. Where the price move came from: over 5 years the price moved +53.9% a year; about +12.2% a year came from earnings growth and about +41.7 percentage points from the multiple (the market paying more); over 10 years the price moved +31.9% a year; about +38.0% a year came from earnings growth and about −6.1 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is high against its own past, so the earnings trend underneath matters more than the multiple. ## Is the IZMO business getting better or worse? IZMO Ltd's business is turning around. Profit growth has swung from −25.5% at its low to +10.2%, improving for 2 quarters in a row, with ROCE rising at 13.7%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does IZMO earn on its capital? IZMO Ltd earned a ROCE of 13% in FY26. That is up from a low of −17% in FY14. Its return on capital used (ROIC) is 2.0 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 16.8% net margin and 0.58× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 16.8% net margin × 0.58× asset turnover × 1.21× leverage (assets divided by equity) ≈ 11.8% on equity. The margin does most of the work; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 10.0% − 12.0% = −2.0 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does IZMO have too much debt? IZMO Ltd has total debt of ₹17.0 Cr against shareholder equity of ₹409 Cr as of Jun 2026, so its debt is 0.04× its equity, which is very little. Year by year, that ratio went from 0.04 in FY22 to 0.04 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the IZMO shareholding pattern? Promoters raised their stake in IZMO Ltd by 2.9 percentage points over 8 quarters, the biggest change among its owners. Promoters now own 34.8% of the company. Foreign institutions moved −1.0 points over the same period, to 3.3%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Promoters: +2.9 points over 8 quarters, to 34.8%; Foreign institutions: −1.0 points over 8 quarters, to 3.3%; Domestic institutions: +0.0 points over 8 quarters, to 0.0%. Why the owners changed: promoters drove it (+2.9 points), with the other side taken by foreign institutions (−1.0 points). They raised their stake step by step. ## How far is IZMO from balance-sheet trouble? For IZMO Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does IZMO rank in its industry? 48.0 out of 100, rank 41 of 69 in IT - Software, with 81% of the evidence available. IZMO Ltd scores 48.0 out of 100 against the 69 companies it is compared with in IT - Software, ranking 41. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 19.8 + 13.7 + 6.4 + 8.1 = 48. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is IZMO compared with? IZMO ranks 41 of 69 IT - Software companies on the 4-Factor Sector Score, with 48.0 out of 100. 1. [Coforge Ltd](https://www.sectoralpha.in/stocks/coforge-ltd) COFORGE · leader · Most evidence points up · 100% evidence 69.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.4/35 · Revenue 41.5% · Profit 56.3% · Operating margin change 1 points · 100% evidence Capital efficiency 16.5/25 · ROCE 23.5% · Operating margin 20% · 100% evidence Valuation 11.3/20 · P/E 41.7× · PEG 0.57 · 100% evidence Relative strength 18.5/20 · Lead over its industry 24.5% · Lead over NIFTY 500 35.5% · 1 year 15% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.4 + 16.5 + 11.3 + 18.5 = 69.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Expleo Solutions Ltd](https://www.sectoralpha.in/stocks/expleo-solutions-ltd) EXPLEOSOL · breaking out · Most evidence points up · 81% evidence 68.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.6/35 · Revenue 10.4% · Profit 39.4% · Operating margin change 4 points · 88% evidence Capital efficiency 15.4/25 · ROCE 24.2% · Operating margin 15% · 100% evidence Valuation 18.7/20 · P/E 8.5× · PEG 0.33 · 100% evidence Relative strength 9.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.7% · 1 year -20.7% · 25% evidence · 8 of 12 weeks ahead Exact sum: 24.6 + 15.4 + 18.7 + 9.6 = 68.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Cigniti Technologies Ltd](https://www.sectoralpha.in/stocks/cigniti-technologies-ltd) CIGNITITEC · Too little evidence to rank firmly · 55% evidence 68.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.8/43.75 · Revenue 14% · Profit 96.1% · Operating margin change 2 points · 47% evidence Capital efficiency 20.9/31.25 · ROCE 34.1% · Operating margin 18% · 75% evidence Valuation 19.5/25 · P/E 11.4× · PEG 0.74 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 27.8 + 20.9 + 19.5 = 68.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [Metalic Technoforge Ltd](https://www.sectoralpha.in/stocks/metalic-technoforge-ltd) META · turning · Too little evidence to rank firmly · 51% evidence 67.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.8/43.75 · Revenue 100% · Profit 100% · Operating margin change 0 points · 83% evidence Capital efficiency 20.2/31.25 · ROCE 44% · Operating margin 11% · 76% evidence Valuation 14.3/25 · P/E 6.6× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 32.8 + 20.2 + 14.3 = 67.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [Sahana Systems Ltd](https://www.sectoralpha.in/stocks/sahana-systems-ltd) SAHANA · leader · Too little evidence to rank firmly · 54% evidence 66.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.4/35 · Revenue 100% · Profit 100% · Operating margin change -3 points · 27% evidence Capital efficiency 18.4/25 · ROCE 39.8% · Operating margin 29% · 57% evidence Valuation 12.0/20 · P/E 14.5× · PEG n/a · 50% evidence Relative strength 17.2/20 · Lead over its industry 12.3% · Lead over NIFTY 500 22.7% · 1 year 5.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.4 + 18.4 + 12 + 17.2 = 66 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Silver Touch Technologies Ltd](https://www.sectoralpha.in/stocks/silver-touch-technologies-ltd) SILVERTUC · quiet · Most evidence points up · 100% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.9/35 · Revenue 21.7% · Profit 88% · Operating margin change 5 points · 100% evidence Capital efficiency 21.3/25 · ROCE 29.8% · Operating margin 21% · 100% evidence Valuation 11.2/20 · P/E 31.6× · PEG 1.11 · 100% evidence Relative strength 3.0/20 · Lead over its industry -21.7% · Lead over NIFTY 500 -13.9% · 1 year 52.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 29.9 + 21.3 + 11.2 + 3 = 65.4 · What this means: Earnings are strong; relative strength in its sector is -21.7% and the one-year return is 52.9%. 7. [NINtec Systems Ltd](https://www.sectoralpha.in/stocks/nintec-systems-ltd) NINSYS · turning · Most evidence points up · 93% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue 18.8% · Profit 23.3% · Operating margin change 2 points · 100% evidence Capital efficiency 22.4/25 · ROCE 54% · Operating margin 27% · 100% evidence Valuation 6.6/20 · P/E 48.1× · PEG 2.08 · 65% evidence Relative strength 18.2/20 · Lead over its industry 57.5% · Lead over NIFTY 500 70.4% · 1 year 113.7% · 100% evidence · 4 of 12 weeks ahead Exact sum: 18.2 + 22.4 + 6.6 + 18.2 = 65.4 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. [Unified Data- Tech Solutions Ltd](https://www.sectoralpha.in/stocks/unified-data-tech-solutions-ltd) breaking out · Too little evidence to rank firmly · 56% evidence 63.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Revenue n/a · Profit n/a · Operating margin change 2 points · 26% evidence Capital efficiency 18.4/25 · ROCE 34.1% · Operating margin 15% · 95% evidence Valuation 10.2/20 · P/E 17.3× · PEG n/a · 15% evidence Relative strength 17.8/20 · Lead over its industry 11.5% · Lead over NIFTY 500 22% · 1 year -7.6% · 100% evidence · 8 of 12 weeks ahead Exact sum: 17 + 18.4 + 10.2 + 17.8 = 63.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 9. [ASM Technologies Ltd](https://www.sectoralpha.in/stocks/asm-technologies-ltd) leader · Evidence leans up · 61% evidence 63.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.1/35 · Revenue 67.8% · Profit 89.5% · Operating margin change 2 points · 83% evidence Capital efficiency 16.0/25 · ROCE 27% · Operating margin 23% · 95% evidence Valuation 8.7/20 · P/E 124× · PEG n/a · 15% evidence Relative strength 12.3/20 · Lead over its industry n/a · Lead over NIFTY 500 66.2% · 1 year 78.6% · 25% evidence · 12 of 12 weeks ahead Exact sum: 26.1 + 16 + 8.7 + 12.3 = 63.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Tanla Platforms Ltd](https://www.sectoralpha.in/stocks/tanla-platforms-ltd) TANLA · turning · Evidence leans up · 85% evidence 62.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Revenue 17.7% · Profit 15.4% · Operating margin change 0 points · 100% evidence Capital efficiency 18.4/25 · ROCE 26.3% · Operating margin 16% · 100% evidence Valuation 14.0/20 · P/E 15× · PEG 1.07 · 100% evidence Relative strength 11.7/20 · Lead over its industry n/a · Lead over NIFTY 500 26.7% · 1 year 2.8% · 25% evidence · 3 of 12 weeks ahead Exact sum: 18.7 + 18.4 + 14 + 11.7 = 62.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [String Metaverse Ltd](https://www.sectoralpha.in/stocks/string-metaverse-ltd) breaking out · Evidence leans up · 83% evidence 62.5 out of 100 Growth Capital Valuation Relative 12. 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[Danlaw Technologies India Ltd](https://www.sectoralpha.in/stocks/danlaw-technologies-india-ltd) breaking out · Evidence leans up · 68% evidence 58.8 out of 100 Growth Capital Valuation Relative 23. [Softtech Engineers Ltd](https://www.sectoralpha.in/stocks/softtech-engineers-ltd) SOFTTECH · breaking out · Evidence leans up · 79% evidence 58.3 out of 100 Growth Capital Valuation Relative 24. [R Systems International Ltd](https://www.sectoralpha.in/stocks/r-systems-international-ltd) RSYSTEMS · losing its lead · Evidence leans up · 96% evidence 57.1 out of 100 Growth Capital Valuation Relative 25. [HCL Technologies Ltd](https://www.sectoralpha.in/stocks/hcl-technologies-ltd) HCLTECH · leader · Evidence leans up · 82% evidence 56.7 out of 100 Growth Capital Valuation Relative 26. [Datamatics Global Services Ltd](https://www.sectoralpha.in/stocks/datamatics-global-services-ltd) DATAMATICS · quiet · Evidence leans up · 81% evidence 55.8 out of 100 Growth Capital Valuation Relative 27. [Wipro Ltd](https://www.sectoralpha.in/stocks/wipro-ltd) WIPRO · turning · Evidence leans up · 100% evidence 55.4 out of 100 Growth Capital Valuation Relative 28. [Subex Ltd](https://www.sectoralpha.in/stocks/subex-ltd) SUBEXLTD · breaking out · Evidence leans up · 64% evidence 54.2 out of 100 Growth Capital Valuation Relative 29. [Ksolves India Ltd](https://www.sectoralpha.in/stocks/ksolves-india-ltd) KSOLVES · quiet · Evidence leans up · 100% evidence 52.8 out of 100 Growth Capital Valuation Relative 30. [Capillary Technologies India Ltd](https://www.sectoralpha.in/stocks/capillary-technologies-india-ltd) CAPILLARY · breaking out · Too little evidence to rank firmly · 59% evidence 52.6 out of 100 Growth Capital Valuation Relative 31. [LTM Ltd](https://www.sectoralpha.in/stocks/ltm-ltd) LTM · losing its lead · Evidence leans up · 100% evidence 51.2 out of 100 Growth Capital Valuation Relative 32. [TechNVision Ventures Ltd](https://www.sectoralpha.in/stocks/technvision-ventures-ltd) TECHNVISN · quiet · Evidence leans up · 64% evidence 51.2 out of 100 Growth Capital Valuation Relative 33. [Saksoft Ltd](https://www.sectoralpha.in/stocks/saksoft-ltd) SAKSOFT · basing · Evidence leans up · 96% evidence 50.9 out of 100 Growth Capital Valuation Relative 34. [BLS E-Services Ltd](https://www.sectoralpha.in/stocks/bls-e-services-ltd) BLSE · leader · Evidence leans up · 78% evidence 50.5 out of 100 Growth Capital Valuation Relative 35. [Mphasis Ltd](https://www.sectoralpha.in/stocks/mphasis-ltd) MPHASIS · breaking out · Evidence leans up · 81% evidence 50.4 out of 100 Growth Capital Valuation Relative 36. [Excelsoft Technologies Ltd](https://www.sectoralpha.in/stocks/excelsoft-technologies-ltd) EXCELSOFT · breaking out · Too little evidence to rank firmly · 59% evidence 50.3 out of 100 Growth Capital Valuation Relative 37. [Blue Cloud Softech Solutions Ltd](https://www.sectoralpha.in/stocks/blue-cloud-softech-solutions-ltd) BLUECLOUDS · turning · Evidence leans down · 64% evidence 49.9 out of 100 Growth Capital Valuation Relative 38. [ACS Technologies Ltd](https://www.sectoralpha.in/stocks/acs-technologies-ltd) ACSTECH · Evidence leans down · 74% evidence 49.5 out of 100 Growth Capital Valuation Relative 39. [Magellanic Cloud Ltd](https://www.sectoralpha.in/stocks/magellanic-cloud-ltd) MCLOUD · basing · Evidence leans down · 81% evidence 49.2 out of 100 Growth Capital Valuation Relative 40. [Dynacons Systems & Solutions Ltd](https://www.sectoralpha.in/stocks/dynacons-systems-solutions-ltd) DSSL · quiet · Evidence leans down · 96% evidence 48.6 out of 100 Growth Capital Valuation Relative 41. IZMO Ltd this page IZMO · quiet · Evidence leans down · 81% evidence 48.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 19.8/35 · Revenue 24.7% · Profit 10.2% · Operating margin change 8 points · 88% evidence Capital efficiency 13.7/25 · ROCE 12.6% · Operating margin 25% · 100% evidence Valuation 6.4/20 · P/E 18.7× · PEG 1.59 · 100% evidence Relative strength 8.1/20 · Lead over its industry n/a · Lead over NIFTY 500 -15.2% · 1 year -18.2% · 25% evidence · 3 of 12 weeks ahead Exact sum: 19.8 + 13.7 + 6.4 + 8.1 = 48 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 42. [Mastek Ltd](https://www.sectoralpha.in/stocks/mastek-ltd) MASTEK · quiet · Evidence leans down · 100% evidence 47.1 out of 100 Growth Capital Valuation Relative 43. [Sonata Software Ltd](https://www.sectoralpha.in/stocks/sonata-software-ltd) SONATSOFTW · quiet · Evidence leans down · 96% evidence 46.9 out of 100 Growth Capital Valuation Relative 44. [AvenuesAI Ltd](https://www.sectoralpha.in/stocks/avenuesai-ltd) CCAVENUE · quiet · Evidence leans down · 89% evidence 44.8 out of 100 Growth Capital Valuation Relative 45. [Unicommerce eSolutions Ltd](https://www.sectoralpha.in/stocks/unicommerce-esolutions-ltd) UNIECOM · turning · Evidence leans down · 78% evidence 44.6 out of 100 Growth Capital Valuation Relative 46. [Hexaware Technologies Ltd](https://www.sectoralpha.in/stocks/hexaware-technologies-ltd) HEXT · basing · Evidence leans down · 85% evidence 42.0 out of 100 Growth Capital Valuation Relative 47. [Allied Digital Services Ltd](https://www.sectoralpha.in/stocks/allied-digital-services-ltd) ADSL · basing · Evidence leans down · 74% evidence 41.1 out of 100 Growth Capital Valuation Relative 48. [Hypersoft Technologies Ltd](https://www.sectoralpha.in/stocks/hypersoft-technologies-ltd) quiet · Evidence leans down · 80% evidence 40.9 out of 100 Growth Capital Valuation Relative 49. [Kellton Tech Solutions Ltd](https://www.sectoralpha.in/stocks/kellton-tech-solutions-ltd) KELLTONTEC · quiet · Evidence leans down · 96% evidence 39.0 out of 100 Growth Capital Valuation Relative 50. [3i Infotech Ltd](https://www.sectoralpha.in/stocks/3i-infotech-ltd) 3IINFOLTD · Too little evidence to rank firmly · 58% evidence 38.9 out of 100 Growth Capital Valuation Relative 51. [Innovana Thinklabs Ltd](https://www.sectoralpha.in/stocks/innovana-thinklabs-ltd) INNOVANA · basing · Evidence leans down · 81% evidence 37.6 out of 100 Growth Capital Valuation Relative 52. [Mindteck (India) Ltd](https://www.sectoralpha.in/stocks/mindteck-indialtd) MINDTECK · Most evidence points down · 76% evidence 32.8 out of 100 Growth Capital Valuation Relative 53. [Aurionpro Solutions Ltd](https://www.sectoralpha.in/stocks/aurionpro-solutions-ltd) AURIONPRO · basing · Most evidence points down · 93% evidence 29.7 out of 100 Growth Capital Valuation Relative 54. [Moschip Technologies Ltd](https://www.sectoralpha.in/stocks/moschip-technologies-ltd) MOSCHIP · quiet · Most evidence points down · 65% evidence 26.1 out of 100 Growth Capital Valuation Relative 55. [Quick Heal Technologies Ltd](https://www.sectoralpha.in/stocks/quick-heal-technologies-ltd) QUICKHEAL · turning · Most evidence points down · 80% evidence 22.9 out of 100 Growth Capital Valuation Relative 56. Orient Technologies Ltd ORIENTTECH · quiet · Most evidence points down · 76% evidence 21.2 out of 100 Growth Capital Valuation Relative 57. [Covance Softsol Ltd](https://www.sectoralpha.in/stocks/covance-softsol-ltd) Too little evidence to rank firmly · 31% evidence 62.9 out of 100 Growth Capital Valuation Relative 58. [Exato Technologies Ltd](https://www.sectoralpha.in/stocks/exato-technologies-ltd) losing its lead · Too little evidence to rank firmly · 43% evidence 59.3 out of 100 Growth Capital Valuation Relative 59. [TAC Infosec Ltd](https://www.sectoralpha.in/stocks/tac-infosec-ltd) TAC · quiet · Too little evidence to rank firmly · 48% evidence 58.5 out of 100 Growth Capital Valuation Relative 60. [Veefin Solutions Ltd](https://www.sectoralpha.in/stocks/veefin-solutions-ltd) VEEFIN · basing · Too little evidence to rank firmly · 43% evidence 54.2 out of 100 Growth Capital Valuation Relative 61. [Kody Technolab Ltd](https://www.sectoralpha.in/stocks/kody-technolab-ltd) KODYTECH · leader · Too little evidence to rank firmly · 35% evidence 53.5 out of 100 Growth Capital Valuation Relative 62. [Optivalue Tek Consulting Ltd](https://www.sectoralpha.in/stocks/optivalue-tek-consulting-ltd) OPTIVALUE · Too little evidence to rank firmly · 32% evidence 51.4 out of 100 Growth Capital Valuation Relative 63. [Workmates Core2cloud Solution Ltd](https://www.sectoralpha.in/stocks/workmates-core2cloud-solution-ltd) Too little evidence to rank firmly · 26% evidence 50.7 out of 100 Growth Capital Valuation Relative 64. [Trident Techlabs Ltd](https://www.sectoralpha.in/stocks/trident-techlabs-ltd) TECHLABS · Too little evidence to rank firmly · 27% evidence 47.6 out of 100 Growth Capital Valuation Relative 65. [ERP Soft Systems Ltd](https://www.sectoralpha.in/stocks/erp-soft-systems-ltd) Too little evidence to rank firmly · 36% evidence 46.7 out of 100 Growth Capital Valuation Relative 66. [Sancode Technologies Ltd](https://www.sectoralpha.in/stocks/sancode-technologies-ltd) Too little evidence to rank firmly · 35% evidence 46.6 out of 100 Growth Capital Valuation Relative 67. [63 Moons Technologies Ltd](https://www.sectoralpha.in/stocks/63-moons-technologies-ltd) 63MOONS · leader · Too little evidence to rank firmly · 46% evidence 45.6 out of 100 Growth Capital Valuation Relative 68. [XT Global Infotech Ltd](https://www.sectoralpha.in/stocks/xt-global-infotech-ltd) XTGLOBAL · Too little evidence to rank firmly · 40% evidence 45.4 out of 100 Growth Capital Valuation Relative 69. [IDream Film Infrastructure Company Ltd](https://www.sectoralpha.in/stocks/idream-film-infrastructure-company-ltd) quiet · Too little evidence to rank firmly · 42% evidence 34.9 out of 100 Growth Capital Valuation Relative Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [IT - Software](https://www.sectoralpha.in/sectors/it-software), all 69 compared on one page. ## Which companies are close to IZMO in size? IZMO is the 39th largest of 68 IT - Software companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: InfoBeans Technologies, Expleo Solutions and Dynacons Systems & Solutions. Just below it: Sahana Systems, Subex and Excelsoft Technologies. ### IT - Software companies close in size 1. [InfoBeans Technologies Ltd](https://www.sectoralpha.in/stocks/infobeans-technologies-ltd) ₹1,331 crore 2. [Expleo Solutions Ltd](https://www.sectoralpha.in/stocks/expleo-solutions-ltd) ₹1,244 crore 3. [Dynacons Systems & Solutions Ltd](https://www.sectoralpha.in/stocks/dynacons-systems-solutions-ltd) ₹1,208 crore 4. IZMO Ltd ₹1,006 crore 5. [Sahana Systems Ltd](https://www.sectoralpha.in/stocks/sahana-systems-ltd) ₹981 crore 6. [Subex Ltd](https://www.sectoralpha.in/stocks/subex-ltd) ₹920 crore 7. [Excelsoft Technologies Ltd](https://www.sectoralpha.in/stocks/excelsoft-technologies-ltd) ₹898 crore [All 68 IT - Software companies, largest first](https://www.sectoralpha.in/sectors/it-software#all-companies) ### Companies close in size in other industries 1. [Sigachi Industries Ltd](https://www.sectoralpha.in/stocks/sigachi-industries-ltd) ₹1,007 crore · Chemicals - Organic 2. [Industrial & Prudential Investment Company Ltd](https://www.sectoralpha.in/stocks/industrial-prudential-investment-company-ltd) ₹1,006 crore · Finance & Investments - Others 3. IZMO Ltd ₹1,006 crore 4. [Jyoti Resins and Adhesives Ltd](https://www.sectoralpha.in/stocks/jyoti-resins-and-adhesives-ltd) ₹1,006 crore · Chemicals - Organic 5. [Butterfly Gandhimathi Appliances Ltd](https://www.sectoralpha.in/stocks/butterfly-gandhimathi-appliances-ltd) ₹1,004 crore · Domestic Appliances ## What else do people ask about IZMO? ### What is IZMO's share price today? IZMO Ltd's share price is ₹802.80, −2.1% over the past year. The whole company is worth ₹1,204 Cr on the market. In the last 52 weeks it traded between ₹574 to ₹1,124; today it is 42% of the way up from the low, 4.0% below its 200-day average (as of 3 November 2026). ### What were IZMO's latest quarterly results? IZMO Ltd reported revenue of ₹65.0 Cr and net profit of ₹12.0 Cr for the Jun 2026 quarter. Revenue rose 14.0% and profit rose 100.0% compared with a year earlier. Earnings per share were ₹8.15. The operating margin was 25.0%, 8.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is IZMO's market cap? IZMO Ltd's market capitalisation is ₹1,204 Cr at a share price of ₹802.80. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is IZMO performing? IZMO Ltd's share price has been rising for 22 weeks. In its latest quarter, revenue rose 14.0% and profit rose 100.0% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 14 weeks running (as of 3 November 2026). ### Will IZMO's share price go up? This page does not forecast IZMO Ltd's share price. What it shows instead: the share price is ₹802.80, and it has been rising for 22 weeks. Its P/E of 22.4× is higher than 79% of its own last 11 years (as of 3 November 2026). ### Who owns IZMO? Promoters own 34.8% of IZMO Ltd, foreign institutions 3.3%, domestic institutions 0.0% and the public 62.0% (latest quarter). The biggest change over the last two years: Promoters raised their stake by 2.9 percentage points over 8 quarters (as of 3 November 2026). ### Where is IZMO in its business cycle? IZMO Ltd's FY26 operating margin was 19.0%, against a 13-year range of −15.0% to 28.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 25.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the IZMO story? The main question: profits are rising, but only 45% of the last 3 years' profit came in as cash from operations. The gap between reported profit and actual cash is the thing to watch. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is IZMO a stock worth studying right now? What the numbers show: IZMO Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the cash starts to follow the profit. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a IZMO share price forecast for 2026? What management itself guided: Izmo Micro FY27 revenue ₹45-50 crores. ## Lists - IT stocks: https://www.sectoralpha.in/sectors/it-stocks-india This is research, not advice. We’re not SEBI-registered.