# Ksolves India share price today (Ksolves India Ltd, NSE: KSOLVES)

> Ksolves India share price today: ₹208.64 at the NSE close on 3 November 2026, down 34.4% in a year. Ksolves India (NSE: KSOLVES) is worth ₹494 crore, trades at a P/E of 13.8 and has closed between ₹199.69 and ₹349.27 over the past 52 weeks. > Ksolves India Ltd's P/E is near the low end of its own history, higher than only 0% of past readings, and its quarterly results are still getting worse. KSOLVES · IT - Software · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/ksolves-india-ltd

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## Key numbers

- Business trend: Turning around, from the last 12 quarters
- Price: ₹208.64 (−34.4% in a year)
- P/E: 13.8× (lower than 100% of the last 6.3 years)
- Revenue (Sep 2026): ₹37.8 Cr (−4.7% on a year ago)
- Profit (Sep 2026): ₹7.3 Cr (−13.8% on a year ago)
- Operating margin: 25.7% (−4.7 points on a year ago)
- ROCE: 132%, FY26
- ROIC: 130.3%, against a 12.0% cost of capital: +118.3 points

The main question: yearly earnings per share moved +0.0% while the share price moved −34.4%. ## What is the Ksolves India share price today? Ksolves India Ltd's share price was ₹208.64 at the close on 3 November 2026. It has been falling for 113 weeks. That is 25.5% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹200 and ₹349, and at that close it sat 6% 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 17 weeks running. Over the last 6.3 years the share price moved +3,105% while the NIFTY 500 moved +152%, so it is ahead of the index over that whole period. It was last ahead over 13 weeks in the week of 17 July 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 Ksolves India this quarter? 7 points on a year earlier. 1. Profit fell in the September 2026 quarter Profit was ₹7 crore, -13.8% on a year earlier (₹8 crore), after 2 quarters of growth. Why: Profit fell because some big customers slowed their work, and the company did not have enough new work lined up to make up for it. Next results: check whether recent cost cuts and new contracts help profit recover, with management pointing to Q4 margin improvement. From the earnings call on 23 Oct 2026. 2. Operating margin down 4.7 points on a year earlier 25.7% in the September 2026 quarter, from 30.4%. Why: Margin fell because revenue dropped, so the same regular costs were spread over fewer sales. Next results: check whether recent cost cuts and new contracts lift the margin by Q4, as management expects. From the earnings call on 23 Oct 2026. ## What dividend does Ksolves India pay? Ksolves India paid ₹10 a share in regular dividends in the 12 months to 4 November 2026 (3 payments), a yield of 4.79% at the ₹208.64 close on 3 November 2026. The last was an interim dividend of ₹1 a share, ex-date 29 October 2026. ### Ksolves India dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 29 Oct 2026 | ₹1 | Interim | same day |
| 21 Jul 2026 | ₹4 | Interim | same day |
| 27 Jan 2026 | ₹5 | Interim | same day |
| 23 Oct 2025 | ₹5 | Interim | same day |
| 25 Jul 2025 | ₹1 | Interim | same day |
| 25 Mar 2025 | ₹7.50 | Interim | same day |
| 28 Oct 2024 | ₹8 | Interim | same day |
| 28 Jun 2024 | ₹8 | Interim | same day |
| 21 Mar 2024 | ₹5 | Interim | same day |
| 25 Jan 2024 | ₹7.50 | Interim | 26 Jan 2024 |
| 26 Oct 2023 | ₹7 | Interim | same day |
| 14 Jul 2023 | ₹8 | Dividend | n/a |
| 3 Mar 2023 | ₹3 | Interim | 4 Mar 2023 |
| 27 Oct 2022 | ₹4.50 | Interim | 28 Oct 2022 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 4 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Ksolves India Ltd paid out 76% of its profit as dividends in FY26, and it paid a dividend in 6 of its last 7 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What are Ksolves India's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Ksolves India reported revenue of ₹37.8 crore, down 4.7% from ₹39.7 crore a year earlier, and a profit of ₹7.25 crore, down 13.8% from ₹8.41 crore. ### Ksolves India results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹37.8 crore | ₹39.7 crore | −4.7% |
| Profit | ₹7.25 crore | ₹8.41 crore | −13.8% |
| Earnings per share | ₹3.06 | ₹3.55 | −13.8% |
| Operating margin | 25.7% | 30.4% | −4.7 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Ksolves India's management discussed these results on a call held on 23 October 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Ksolves India share price history? Ksolves India closed at ₹208.64 on 3 November 2026, down 34.4% from ₹317.95 a year earlier (31 October 2025) and up 31.6% over five years. Its highest weekly close since July 2020 was ₹682.78 on 12 January 2024. ### Ksolves India share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹218.64 | −4.6% |
| 1 month ago · 1 Oct 2026 | ₹241.14 | −13.5% |
| 6 months ago · 30 Apr 2026 | ₹308.46 | −32.4% |
| 1 year ago · 31 Oct 2025 | ₹317.95 | −34.4% |
| 3 years ago · 3 Nov 2023 | ₹530.30 | −60.7% |
| 5 years ago · 4 Nov 2021 | ₹158.50 | +31.6% |
| Earliest and lowest weekly close in our records · 10 Jul 2020 | ₹6.51 | +3,104.9% |
| Highest weekly close since July 2020 · 12 Jan 2024 | ₹682.78 | −69.4% |
| 52-week high (weekly close) · 17 Apr 2026 | ₹349.27 | −40.3% |
| 52-week low (weekly close) · 30 Oct 2026 | ₹199.69 | +4.5% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. 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. (335 weekly closes from 10 July 2020 to 3 November 2026.)

## What is the latest news on Ksolves India? 3 Nov 2026: Ksolves India closed at ₹208.64, down 4.6% on the week and down 13.5% on the month. 29 Oct 2026: ex-date for an interim dividend of ₹1 a share. ### Earlier

- 23 Oct 2026: Ksolves India held its results call for July to September 2026. Management guided: FY27 revenue to remain soft and trail FY26 levels. - Results for July to September 2026: Revenue down 4.7% and profit down 13.8% on a year earlier. - 21 Jul 2026: ex-date for an interim dividend of ₹4 a share. - 27 Jan 2026: ex-date for an interim dividend of ₹5 a share. - 6 Feb 2025: Share split: face value cut from ₹10 to ₹5 a share (ex-date). ## What did Ksolves India management say on the latest results call? On the call for July to September 2026, held on 23 October 2026, Ksolves India's management guided: FY27 revenue to remain soft and trail FY26 levels. > “When these accounts slowed, our pipeline was not deep enough to fully offset the impact within the quarter.”
> Ratan Srivastava, on the call for July to September 2026

### What management guided

- FY27 operating margin to stay within 25-30%, with performance at the upper end from now and Q4 improvement as wins ramp. - Q2 cost actions and AI deployment to show full-quarter benefit from the end of Q3. - BFSI revenue expected to improve from H2 as late-September wins ramp. - FY28 revenue growth around 20% or more. 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/39848/Conference Call/CC-Oct26.pdf). (From the call for July to September 2026, 23 October 2026.)

## What to watch in Ksolves India's next results? When Ksolves India reports October to December 2026, these are the 3 checks that show whether the story is still on course. First: Late-quarter banking wins to generate visible revenue contribution - check project ramp and BFSI mix. - What to check (from the call)
- Late-quarter banking wins to generate visible revenue contribution - check project ramp and BFSI mix. - The reactivated telecom account to resume meaningful work - check whether it replaces lost client activity. - Recent cost actions and win conversion to deliver the stated Q4 margin improvement - check realized operating leverage. ## Which stock lists is Ksolves India on? Ksolves India is not on any of our India lists this week. ## Is Ksolves India profitable? Ksolves India Ltd earned ₹7.3 Cr of net profit in the Sep 2026 quarter, −13.8% on the same quarter a year earlier. Full-year FY26 profit was ₹34.0 Cr. Over 6 years profit has grown 80.0% a year on average. That is 19.2% of the quarter's revenue. The same quarter a year earlier earned ₹8.4 Cr. For the full year, FY26 profit was ₹34.0 Cr (+0.0% on the year before). Why profit moved: revenue changed −4.7% on a year earlier and the margin moved −4.7 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +22.5% and revenue +11.6%. 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 Ksolves India make, and is it growing? Ksolves India Ltd reported ₹37.8 Cr of revenue in the Sep 2026 quarter, −4.7% on the same quarter a year earlier. Over 6 years it has grown 59.2% a year on average. The last full year, FY26, came in at ₹163 Cr. The last four reported quarters add to ₹165 Cr. FY26 revenue was ₹163 Cr, +19.0% on the year before. Recent pace: the last four quarters grew +11.6% on average, against 59.2% a year over the longer run, so this year is growing slower than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +10.9%, against +14.6% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +15.9%, against −0.7% a year (accelerating). ## How much of every ₹100 of sales does Ksolves India keep? Ksolves India Ltd's operating margin was 25.7% in the Sep 2026 quarter, 4.7 percentage points lower than the same quarter a year ago. Across 7 years it has been between 12.0% and 43.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −4.7 percentage points on the year while gross margin changed +0.0 points. So the drop came mostly from costs below the gross margin, such as staff and overheads, measured against sales. ## Is Ksolves India's profit turning into cash? Over the last 3 years, 96% of Ksolves India Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹31.0 Cr of operating cash against ₹34.0 Cr of profit. After ₹2.0 Cr of spending on assets, ₹29.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 96% of profit came in as cash: the cash cycle got 23 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives. What to look at next: the bigger use of cash is spending on new assets, at 1.8× depreciation over three years. The next section checks what that spending is building. ## Where does Ksolves India's cash go? Ksolves India Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 70 days in FY26, up from 47 days in FY21. It spent ₹11.0 Cr on assets over the last 3 years. At FY26 sales of ₹163 Cr, each day of that cycle ties up about ₹0.4 Cr, so roughly ₹31.0 Cr is tied up in the business at any time. Spending on assets: ₹11.0 Cr over the last 3 years, against ₹6.0 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 ₹0.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Ksolves India's P/E ratio, and how does it compare with its own history? Ksolves India Ltd's P/E is 13.8×, about the lowest it has ever been. Its usual P/E (the middle reading) is 29.5×, over 6.3 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 +0.0% while the price moved −34.4%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +5.7% a year; about +22.0% a year came from earnings growth and about −16.3 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 low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Ksolves India business getting better or worse? Ksolves India Ltd's business is turning around. Profit growth has swung from −15.0% at its low to +15.9%, rising from a low 3 quarters ago, with ROCE falling at 105.4%. 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 Ksolves India earn on its capital? Ksolves India Ltd earned a ROCE of 132% in FY26. Its return on capital used (ROIC) is 118.3 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 20.9% net margin and 2.63× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 20.9% net margin × 2.63× asset turnover × 2.07× leverage (assets divided by equity) ≈ 113.8% on equity. The margin does most of the work; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 130.3% − 12.0% = +118.3 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. A gap this wide means each rupee put back into the business creates more than a rupee of value. ## Does Ksolves India have too much debt? Ksolves India Ltd has total debt of ₹3.0 Cr against shareholder equity of ₹41.0 Cr as of Sep 2026, so its debt is 0.07× its equity, which is very little. Year by year, that ratio went from 0.67 in FY25 to 0.21 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Ksolves India shareholding pattern? No group of Ksolves India Ltd's owners changed its stake by a full percentage point over the last two years. Domestic institutions moved −0.1 points over the same period, to 0.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −0.9 points over 8 quarters, to 0.0%; Domestic institutions: −0.1 points over 8 quarters, to 0.0%; Promoters: +0.0 points over 8 quarters, to 58.9%. ## How far is Ksolves India from balance-sheet trouble? For Ksolves India Ltd, the Z-score is 30.22. A Z-score above about 3 is safe and below about 1.8 signals danger, so this is well clear of danger. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. Why it matters: a Z-score of 30.22 is well clear of the danger zone, so the balance sheet is not the risk here. ## How does Ksolves India rank in its industry? 52.8 out of 100, rank 29 of 69 in IT - Software, with 100% of the evidence available. Ksolves India Ltd scores 52.8 out of 100 against the 69 companies it is compared with in IT - Software, ranking 29. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 11.5 + 22.5 + 17.1 + 1.7 = 52.8. 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 Ksolves India compared with? Ksolves India ranks 29 of 69 IT - Software companies on the 4-Factor Sector Score, with 52.8 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. [Tech Mahindra Ltd](https://www.sectoralpha.in/stocks/tech-mahindra-ltd) TECHM · leader · Evidence leans up · 85% evidence 62.1 out of 100 Growth Capital Valuation Relative
13. [Infosys Ltd](https://www.sectoralpha.in/stocks/infosys-ltd) INFY · breaking out · Evidence leans up · 82% evidence 61.7 out of 100 Growth Capital Valuation Relative
14. [InfoBeans Technologies Ltd](https://www.sectoralpha.in/stocks/infobeans-technologies-ltd) INFOBEAN · quiet · Evidence leans up · 100% evidence 61.6 out of 100 Growth Capital Valuation Relative
15. [Zensar Technologies Ltd](https://www.sectoralpha.in/stocks/zensar-technologies-ltd) ZENSARTECH · turning · Evidence leans up · 100% evidence 61.6 out of 100 Growth Capital Valuation Relative
16. [Tata Consultancy Services Ltd](https://www.sectoralpha.in/stocks/tata-consultancy-services-ltd) TCS · breaking out · Evidence leans up · 100% evidence 60.9 out of 100 Growth Capital Valuation Relative
17. [Sasken Technologies Ltd](https://www.sectoralpha.in/stocks/sasken-technologies-ltd) SASKEN · turning · Evidence leans up · 100% evidence 60.8 out of 100 Growth Capital Valuation Relative
18. [Birlasoft Ltd](https://www.sectoralpha.in/stocks/birlasoft-ltd) BSOFT · breaking out · Evidence leans up · 100% evidence 59.6 out of 100 Growth Capital Valuation Relative
19. [Seshaasai Technologies Ltd](https://www.sectoralpha.in/stocks/seshaasai-technologies-ltd) STYL · quiet · Evidence leans up · 68% evidence 59.6 out of 100 Growth Capital Valuation Relative
20. [Xchanging Solutions Ltd](https://www.sectoralpha.in/stocks/xchanging-solutions-ltd) XCHANGING · quiet · Evidence leans up · 85% evidence 59.1 out of 100 Growth Capital Valuation Relative
21. [RNIT AI Solutions Ltd](https://www.sectoralpha.in/stocks/rnit-ai-solutions-ltd) AUTOPALIND · breaking out · Evidence leans up · 69% evidence 59.1 out of 100 Growth Capital Valuation Relative
22. [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 this page KSOLVES · quiet · Evidence leans up · 100% evidence 52.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.5/35 · Revenue 10.9% · Profit 15.9% · Operating margin change -4.7 points · 100% evidence Capital efficiency 22.5/25 · ROCE 132% · Operating margin 25.7% · 100% evidence Valuation 17.1/20 · P/E 13.2× · PEG 0.94 · 100% evidence Relative strength 1.7/20 · Lead over its industry -32.6% · Lead over NIFTY 500 -25.6% · 1 year -37.2% · 100% evidence · 0 of 12 weeks ahead Exact sum: 11.5 + 22.5 + 17.1 + 1.7 = 52.8 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 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](https://www.sectoralpha.in/stocks/izmo-ltd) IZMO · quiet · Evidence leans down · 81% evidence 48.0 out of 100 Growth Capital Valuation Relative
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 Ksolves India in size? Ksolves India is the 62nd largest of 68 IT - Software companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Workmates Core2cloud Solution, Optivalue Tek Consulting and Mindteck (India). Just below it: 3i Infotech, ACS Technologies and Covance Softsol. ### IT - Software companies close in size

1. [Workmates Core2cloud Solution Ltd](https://www.sectoralpha.in/stocks/workmates-core2cloud-solution-ltd) ₹552 crore
2. [Optivalue Tek Consulting Ltd](https://www.sectoralpha.in/stocks/optivalue-tek-consulting-ltd) ₹507 crore
3. [Mindteck (India) Ltd](https://www.sectoralpha.in/stocks/mindteck-indialtd) ₹482 crore
4. Ksolves India Ltd ₹474 crore
5. [3i Infotech Ltd](https://www.sectoralpha.in/stocks/3i-infotech-ltd) ₹466 crore
6. [ACS Technologies Ltd](https://www.sectoralpha.in/stocks/acs-technologies-ltd) ₹454 crore
7. [Covance Softsol Ltd](https://www.sectoralpha.in/stocks/covance-softsol-ltd) ₹444 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. [Australian Premium Solar (India) Ltd](https://www.sectoralpha.in/stocks/australian-premium-solar-indialtd) ₹474 crore · Capital Goods - Solar
2. [DIC India Ltd](https://www.sectoralpha.in/stocks/dic-india-ltd) ₹474 crore · Speciality Chemicals
3. Ksolves India Ltd ₹474 crore
4. [W S Industries (India) Ltd](https://www.sectoralpha.in/stocks/w-s-industries-indialtd) ₹474 crore · General - Electric Equipement
5. [HLV Ltd](https://www.sectoralpha.in/stocks/hlv-ltd) ₹473 crore · Hotels

## What else do people ask about Ksolves India? ### What is Ksolves India's share price today? Ksolves India Ltd's share price is ₹208.64, −34.4% over the past year. The whole company is worth ₹494 Cr on the market. In the last 52 weeks it traded between ₹200 to ₹349; today it is 6% of the way up from the low, 25.5% below its 200-day average (as of 3 November 2026). ### What were Ksolves India's latest quarterly results? Ksolves India Ltd reported revenue of ₹37.8 Cr and net profit of ₹7.3 Cr for the Sep 2026 quarter. Revenue fell 4.7% and profit fell 13.8% compared with a year earlier. Earnings per share were ₹3.06. The operating margin was 25.7%, 4.7 percentage points lower than a year earlier (as of 3 November 2026). ### What is Ksolves India's market cap? Ksolves India Ltd's market capitalisation is ₹494 Cr at a share price of ₹208.64. 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 Ksolves India performing? Ksolves India Ltd's share price has been falling for 113 weeks. In its latest quarter, revenue fell 4.7% and profit fell 13.8% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 17 weeks running (as of 3 November 2026). ### Will Ksolves India's share price go up? This page does not forecast Ksolves India Ltd's share price. What it shows instead: the share price is ₹208.64, and it has been falling for 113 weeks. Its P/E of 13.8× is higher than 0% of its own last 6 years (as of 3 November 2026). ### Who owns Ksolves India? Promoters own 58.9% of Ksolves India Ltd, foreign institutions 0.0%, domestic institutions 0.0% and the public 41.1% (latest quarter). No group of owners changed its stake by a full point over the last two years (as of 3 November 2026). ### Does Ksolves India have too much debt? No, Ksolves India Ltd has little debt: its debt is 0.20× its equity, and its operating profit is 49 times its interest bill. FY26 borrowings were ₹6.0 Cr against equity of ₹30.0 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Ksolves India in its business cycle? Ksolves India Ltd's FY26 operating margin was 30.0%, against a 7-year range of 12.0% to 43.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 25.7%. 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 Ksolves India story? The main question: yearly earnings per share moved +0.0% while the share price moved −34.4%. 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 Ksolves India a stock worth studying right now? What the numbers show: Ksolves India Ltd's P/E is near the low end of its own history, higher than only 0% of past readings, and its quarterly results are still getting worse. The main open question: whether the price catches up with earnings that have already grown. 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 Ksolves India share price forecast for 2026? What management itself guided: FY27 revenue to remain soft and trail FY26 levels. This is research, not advice. We’re not SEBI-registered.