# Unicommerce eSolutions share price today (Unicommerce eSolutions Ltd, NSE: UNIECOM)

> Unicommerce eSolutions share price today: ₹83.74 at the NSE close on 4 November 2026, down 35.0% in a year. Unicommerce eSolutions (NSE: UNIECOM) is worth ₹942 crore, trades at a P/E of 43.0 and has closed between ₹76.11 and ₹131.96 over the past 52 weeks. > Unicommerce eSolutions Ltd's earnings have grown faster than its share price. Earnings per share grew +6.4% in a year while the price moved −35.0%. UNIECOM · IT - Software · data as of 4 November 2026. Page: https://www.sectoralpha.in/stocks/unicommerce-esolutions-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: Mixed, from fewer quarters than usual
- Price: ₹83.74 (−35.0% in a year)
- P/E: 43.0× (lower than 98% of the last 1 year)
- Revenue (Sep 2026): ₹59.1 Cr (+15.0% on a year ago)
- Profit (Sep 2026): ₹6.4 Cr (+10.6% on a year ago)
- Operating margin: 14.5% (−3.3 points on a year ago)
- ROCE: 21%, FY26
- Profit that came in as cash: 159%, last 3 years

The main question: yearly earnings per share moved +6.4% while the share price moved −35.0%. ## What is the Unicommerce eSolutions share price today? Unicommerce eSolutions Ltd's share price was ₹83.74 at the close on 4 November 2026. It has been falling for 103 weeks. That is 11.0% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹76 and ₹132, and at that close it sat 14% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 2 weeks in a row. Over the last 2.2 years the share price moved −56% while the NIFTY 500 moved −6%, so it is behind the index over that whole period. 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 Unicommerce eSolutions this quarter? Three changes stood out: revenue up on a year earlier for 8 quarters in a row (every quarter we can compare), profit up on a year earlier for 8 quarters in a row (every quarter we can compare) and highest quarterly revenue in 12 quarters. 1. Revenue up on a year earlier for 8 quarters in a row (every quarter we can compare) In the September 2026 quarter revenue was ₹59 crore, +15% on a year earlier. Why: Revenue rose because the company signed more big business customers and its newer software features began to bring in money. From the earnings call on 26 Oct 2026. 2. Profit up on a year earlier for 8 quarters in a row (every quarter we can compare) In the September 2026 quarter profit was ₹6 crore, +10.6% on a year earlier. Why: Profit rose because the tax bill stayed low, helped by a tax item tied to expecting the Shipway business to improve. Next results: check whether Shipway turns profitable in the December quarter and then makes a net profit in the March quarter, as management said. From the earnings call on 26 Oct 2026. 3. Highest quarterly revenue in 12 quarters Revenue of ₹59 crore in the September 2026 quarter is the highest of the last 12 quarters. Why: Revenue hit a new high because the company signed more big business customers and its newer software features began to bring in money. From the earnings call on 26 Oct 2026. ## What are Unicommerce eSolutions' latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Unicommerce eSolutions reported revenue of ₹59.1 crore, up 15.0% from ₹51.4 crore a year earlier, and a profit of ₹6.39 crore, up 10.6% from ₹5.78 crore. ### Unicommerce eSolutions results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹59.1 crore | ₹51.4 crore | +15.0% |
| Profit | ₹6.39 crore | ₹5.78 crore | +10.6% |
| Earnings per share | ₹0.57 | ₹0.52 | +9.6% |
| Operating margin | 14.5% | 17.8% | −3.2 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). Unicommerce eSolutions' management discussed these results on a call held on 26 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 Unicommerce eSolutions share price history? Unicommerce eSolutions closed at ₹83.74 on 4 November 2026, down 35.0% from ₹128.84 a year earlier (7 November 2025). Its highest weekly close since August 2024 was ₹241.36 on 13 September 2024. ### Unicommerce eSolutions share price: then and now

| When | Close | Change to 4 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 30 Oct 2026 | ₹79.42 | +5.4% |
| 1 month ago · 1 Oct 2026 | ₹82.58 | +1.4% |
| 6 months ago · 8 May 2026 | ₹95.06 | −11.9% |
| 1 year ago · 7 Nov 2025 | ₹128.84 | −35.0% |
| Earliest weekly close in our records · 16 Aug 2024 | ₹189.60 | −55.8% |
| Highest weekly close since August 2024 · 13 Sep 2024 | ₹241.36 | −65.3% |
| Lowest weekly close since August 2024, also the 52-week low · 23 Oct 2026 | ₹76.11 | +10.0% |
| 52-week high (weekly close) · 14 Nov 2025 | ₹131.96 | −36.5% |

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (120 weekly closes from 16 August 2024 to 4 November 2026.)

## What is the latest news on Unicommerce eSolutions? 4 Nov 2026: Unicommerce eSolutions closed at ₹83.74, up 5.4% on the week and up 1.4% on the month. 26 Oct 2026: Unicommerce eSolutions held its results call for July to September 2026. Management guided: Uniware revenue growth above 15% on a year earlier from January to March 2027 onwards. ### Earlier

- Results for July to September 2026: Revenue up 15.0% and profit up 10.6% on a year earlier. ## What dividend does Unicommerce eSolutions pay? Unicommerce eSolutions has paid no dividend on the NSE since its first NSE close in our records (16 August 2024), the start of the period we checked. No. Unicommerce eSolutions Ltd paid out 0% of its profit as dividends in each of its last 3 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 5 November 2026.)

## What did Unicommerce eSolutions management say on the latest results call? On the call for July to September 2026, held on 26 October 2026, Unicommerce eSolutions' management guided: Uniware revenue growth above 15% on a year earlier from January to March 2027 onwards. > “We want to replicate a similar story and grow the business 5x from here, ensuring that our EBITDA is actually larger than our revenue is today.”
> Kapil Makhija, on the call for July to September 2026

### What management guided

- Shipway revenue growth above 20% on a year earlier from January to March 2027 onwards. - Shipway adjusted operating profit from October to December 2026 then profit from January to March 2027. - Steady-state adjusted operating margin above 20% over time. - Newer Uniware modules to exceed 10% of Uniware revenue in 2-3 years. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/57811-26-Oct-2026.pdf). (From the call for July to September 2026, 26 October 2026.)

## What to watch in Unicommerce eSolutions' next results? When Unicommerce eSolutions reports October to December 2026, these are the 2 checks that show whether the story is still on course. First: Uniware growth having at the flagged threshold on the flagged timeline - verify print with adds and module attach. - What to check (from the call)
- Uniware growth having at the flagged threshold on the flagged timeline - verify print with adds and module attach. - Shipway growth reaching the flagged threshold on the flagged timeline - verify print with cross-sales versus independent intake. ## Which stock lists is Unicommerce eSolutions on? Unicommerce eSolutions is on 2 of our India lists: Penny stocks and IT stocks. - [Penny stocks Earnings growth, 12 months (%): 5.41](https://www.sectoralpha.in/penny-stocks-india)
- [IT stocks Market value (₹ crore): 941.5741626794257](https://www.sectoralpha.in/sectors/it-stocks-india)

## Is Unicommerce eSolutions profitable? Unicommerce eSolutions Ltd earned ₹6.4 Cr of net profit in the Sep 2026 quarter, +10.6% on the same quarter a year earlier. That is the 8th quarter in a row of profit growth. Full-year FY26 profit was ₹20.0 Cr. Over 2 years profit has grown 24.0% a year on average. That is 10.8% of the quarter's revenue. The same quarter a year earlier earned ₹5.8 Cr. For the full year, FY26 profit was ₹20.0 Cr (+11.1% on the year before). Why profit moved: revenue changed +15.0% on a year earlier and the margin moved −3.3 percentage points. Sales did the work while the margin got thinner. On average over the last four quarters, profit changed +12.5% and revenue +28.9%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Unicommerce eSolutions make, and is it growing? Unicommerce eSolutions Ltd reported ₹59.1 Cr of revenue in the Sep 2026 quarter, +15.0% on the same quarter a year earlier. That is the 8th quarter in a row with growth on the year before. Over 2 years it has grown 40.1% a year on average. The last full year, FY26, came in at ₹204 Cr. The last four reported quarters add to ₹218 Cr. FY26 revenue was ₹204 Cr, +51.1% on the year before. Recent pace: the last four quarters grew +28.9% on average, against 40.1% 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 +25.3%, against +41.4% a year over the last 8 quarters (rolling over); profit over the last 12 months grew +13.2%, against +21.8% a year (rolling over). ## How much of every ₹100 of sales does Unicommerce eSolutions keep? Unicommerce eSolutions Ltd's operating margin was 14.5% in the Sep 2026 quarter, 3.3 percentage points lower than the same quarter a year ago. Across 3 years it has been between 14.0% and 20.0%. The latest quarter is within that range. Why the margin moved: operating margin changed −3.3 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 Unicommerce eSolutions' profit turning into cash? Over the last 3 years, 159% of Unicommerce eSolutions Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹47.0 Cr of operating cash against ₹20.0 Cr of profit. After ₹7.0 Cr of spending on assets, ₹40.0 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 159% of profit came in as cash: the cash cycle got 27 days shorter between FY24 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: the bigger use of cash is spending on new assets, at 10.2× depreciation over three years. The next section checks what that spending is building. ## Where does Unicommerce eSolutions' cash go? Unicommerce eSolutions Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 20 days in FY26, down from 47 days in FY24. It spent ₹173 Cr on assets over the last 2 years. At FY26 sales of ₹204 Cr, each day of that cycle ties up about ₹0.6 Cr, so roughly ₹11.0 Cr is tied up in the business at any time. Spending on assets: ₹173 Cr over the last 2 years, against ₹17.0 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 Unicommerce eSolutions' P/E ratio, and how does it compare with its own history? Unicommerce eSolutions Ltd's P/E is 43.0×, about the lowest it has ever been. Its usual P/E (the middle reading) is 67.5×, over 1 year 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 +6.4% while the price moved −35.0%. Earnings did better than the price, which pulled the multiple down within its own range. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Unicommerce eSolutions business getting better or worse? Unicommerce eSolutions Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE falling at 13.9%; each line tells part of the story. This is based on 10 quarters of 3 measures, with some gaps. Why it matters: when the lines disagree, each line above matters more than any single label. One or more growth lines have an extreme jump caused by comparing with a near-zero or loss-making quarter. Those jumps are capped before reading and drawn at the edge of the chart, so one odd quarter does not decide the result. This reading has some gaps: at least one line is short, or the return line is not the quarterly series, so treat it with a little more caution. ## How much does Unicommerce eSolutions earn on its capital? Unicommerce eSolutions Ltd earned a ROCE of 21% in FY26. Its return on capital used (ROIC) is left out: on sales this small it reads 2,368%, a number that says nothing useful about the business. It comes from a 9.8% net margin and 0.75× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 9.8% net margin × 0.75× asset turnover × 1.40× leverage (assets divided by equity) ≈ 10.3% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. ## Does Unicommerce eSolutions have too much debt? Unicommerce eSolutions Ltd has total debt of ₹9.0 Cr against shareholder equity of ₹208 Cr as of Sep 2026, so its debt is 0.04× its equity, which is very little. Year by year, that ratio went from 0.12 in FY24 to 0.05 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Unicommerce eSolutions shareholding pattern? Domestic institutions cut their stake in Unicommerce eSolutions Ltd by 7.1 percentage points over 8 quarters, the biggest change among its owners. Domestic institutions now own 3.2% of the company. Promoters moved −3.4 points over the same period, to 36.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Domestic institutions: −7.1 points over 8 quarters, to 3.2%; Promoters: −3.4 points over 8 quarters, to 36.0%; Foreign institutions: −2.3 points over 8 quarters, to 0.0%. Why the owners changed: domestic institutions drove it (−7.1 points), together with promoters (−3.4 points). They reduced their stake. ## How far is Unicommerce eSolutions from balance-sheet trouble? For Unicommerce eSolutions 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 Unicommerce eSolutions rank in its industry? 44.6 out of 100, rank 45 of 69 in IT - Software, with 78% of the evidence available. Unicommerce eSolutions Ltd scores 44.6 out of 100 against the 69 companies it is compared with in IT - Software, ranking 45. 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: 16.6 + 15.4 + 4.2 + 8.4 = 44.6. 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 Unicommerce eSolutions compared with? Unicommerce eSolutions ranks 45 of 69 IT - Software companies on the 4-Factor Sector Score, with 44.6 out of 100. 1. [Coforge Ltd](https://www.sectoralpha.in/stocks/coforge-ltd) COFORGE · leader · Most evidence points up · 100% evidence 69.6 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 16.4/25 · 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 + 16.4 + 11.3 + 18.5 = 69.6 · 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 68.1 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 20.8/31.25 · 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 + 20.8 + 19.5 = 68.1 (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 63.3 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 18.3/25 · 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 + 18.3 + 10.2 + 17.8 = 63.3 · 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 63.0 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 15.9/25 · 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 + 15.9 + 8.7 + 12.3 = 63 · 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 62.7 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 18.3/25 · 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 + 18.3 + 14 + 11.7 = 62.7 · 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 59.5 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 59.5 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 57.0 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 55.4 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 51.1 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 51.1 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 50.3 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 48.5 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 this page UNIECOM · turning · Evidence leans down · 78% evidence 44.6 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 16.6/35 · Revenue 25.3% · Profit 13.2% · Operating margin change -3.3 points · 100% evidence Capital efficiency 15.4/25 · ROCE 21.1% · Operating margin 14.5% · 100% evidence Valuation 4.2/20 · P/E 40.8× · PEG 5.57 · 65% evidence Relative strength 8.4/20 · Lead over its industry n/a · Lead over NIFTY 500 -14.1% · 1 year -39.5% · 25% evidence · 0 of 12 weeks ahead Exact sum: 16.6 + 15.4 + 4.2 + 8.4 = 44.6 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 46. [Allied Digital Services Ltd](https://www.sectoralpha.in/stocks/allied-digital-services-ltd) ADSL · basing · Evidence leans down · 74% evidence 42.1 out of 100 Growth Capital Valuation Relative
47. [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
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 38.9 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 59.2 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 51.3 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 47.5 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 46.5 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 Unicommerce eSolutions in size? Unicommerce eSolutions is the 44th largest of 68 IT - Software companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Subex, Excelsoft Technologies and Unified Data- Tech Solutions. Just below it: RNIT AI Solutions, Quick Heal Technologies and Sancode Technologies. ### IT - Software companies close in size

1. [Subex Ltd](https://www.sectoralpha.in/stocks/subex-ltd) ₹920 crore
2. [Excelsoft Technologies Ltd](https://www.sectoralpha.in/stocks/excelsoft-technologies-ltd) ₹898 crore
3. [Unified Data- Tech Solutions Ltd](https://www.sectoralpha.in/stocks/unified-data-tech-solutions-ltd) ₹896 crore
4. Unicommerce eSolutions Ltd ₹893 crore
5. [RNIT AI Solutions Ltd](https://www.sectoralpha.in/stocks/rnit-ai-solutions-ltd) ₹839 crore
6. [Quick Heal Technologies Ltd](https://www.sectoralpha.in/stocks/quick-heal-technologies-ltd) ₹838 crore
7. [Sancode Technologies Ltd](https://www.sectoralpha.in/stocks/sancode-technologies-ltd) ₹832 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. [Unified Data- Tech Solutions Ltd](https://www.sectoralpha.in/stocks/unified-data-tech-solutions-ltd) ₹896 crore · IT - Software
2. [Arihant Superstructures Ltd](https://www.sectoralpha.in/stocks/arihant-superstructures-ltd) ₹893 crore · Realty - Regional
3. Unicommerce eSolutions Ltd ₹893 crore
4. [BCL Industries Ltd](https://www.sectoralpha.in/stocks/bcl-industries-ltd) ₹890 crore · Diversified
5. [Regaal Resources Ltd](https://www.sectoralpha.in/stocks/regaal-resources-ltd) ₹889 crore · Starch

## What else do people ask about Unicommerce eSolutions? ### What is Unicommerce eSolutions's share price today? Unicommerce eSolutions Ltd's share price is ₹83.74, −35.0% over the past year. The whole company is worth ₹942 Cr on the market. In the last 52 weeks it traded between ₹76 to ₹132; today it is 14% of the way up from the low, 11.0% below its 200-day average (as of 4 November 2026). ### What were Unicommerce eSolutions's latest quarterly results? Unicommerce eSolutions Ltd reported revenue of ₹59.1 Cr and net profit of ₹6.4 Cr for the Sep 2026 quarter. Revenue rose 15.0% and profit rose 10.6% compared with a year earlier. Earnings per share were ₹0.57. The operating margin was 14.5%, 3.3 percentage points lower than a year earlier (as of 4 November 2026). ### What is Unicommerce eSolutions's market cap? Unicommerce eSolutions Ltd's market capitalisation is ₹942 Cr at a share price of ₹83.74. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 4 November 2026). ### What is Unicommerce eSolutions's P/E ratio? Unicommerce eSolutions Ltd's P/E is 43.0×, higher than 2% of its own last 2 years. Its usual level (the middle reading) is 67.5×. This compares the price with the company's own past; it is not a view on what the shares are worth (as of 4 November 2026). ### How is Unicommerce eSolutions valued against its own history? Against its own history, Unicommerce eSolutions Ltd's valuation is low: its P/E of 43.0× has been lower only 2% of the time in 2 years (usual level 67.5×). This compares the price with the company's own past; it is not a view on what the shares are worth or where the price goes next (as of 4 November 2026). ### How is Unicommerce eSolutions performing? Unicommerce eSolutions Ltd's share price has been falling for 103 weeks. In its latest quarter, revenue rose 15.0% and profit rose 10.6% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 2 weeks running (as of 4 November 2026). ### Will Unicommerce eSolutions's share price go up? This page does not forecast Unicommerce eSolutions Ltd's share price. What it shows instead: the share price is ₹83.74, and it has been falling for 103 weeks. Its P/E of 43.0× is higher than 2% of its own last 2 years (as of 4 November 2026). ### Who owns Unicommerce eSolutions? Promoters own 36.0% of Unicommerce eSolutions Ltd, foreign institutions 0.0%, domestic institutions 3.2% and the public 60.8% (latest quarter). The biggest change over the last two years: Domestic institutions cut their stake by 7.1 percentage points over 8 quarters (as of 4 November 2026). ### Does Unicommerce eSolutions have too much debt? No, Unicommerce eSolutions Ltd has little debt: its debt is 0.05× its equity, and its operating profit is 36 times its interest bill. FY26 borrowings were ₹9.0 Cr against equity of ₹193 Cr. So the returns on this page come from the business, not borrowed money (as of 4 November 2026). ### Where is Unicommerce eSolutions in its business cycle? Unicommerce eSolutions Ltd's FY26 operating margin was 17.0%, against a 3-year range of 14.0% to 20.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 14.5%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 4 November 2026). ### What could break the Unicommerce eSolutions story? The main question: yearly earnings per share moved +6.4% while the share price moved −35.0%. 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 4 November 2026). ### Is Unicommerce eSolutions a stock worth studying right now? What the numbers show: Unicommerce eSolutions Ltd's earnings have grown faster than its share price. Earnings per share grew +6.4% in a year while the price moved −35.0%. 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 4 November 2026). ### Is there a Unicommerce eSolutions share price forecast for 2026? What management itself guided: Uniware revenue growth above 15% on a year earlier from January to March 2027 onwards. ## Lists

- Penny stocks: https://www.sectoralpha.in/penny-stocks-india
- IT stocks: https://www.sectoralpha.in/sectors/it-stocks-india

This is research, not advice. We’re not SEBI-registered.