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Ikoma Technologies Ltd (531997)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531997 NSE: Engineering - Industrial Equipments | Small Cap | Ikoma Technologies Share Price

₹61.28 1.20 (2.00%)

As on 10-Jun'26 16:59

Ikoma Technologies Ltd (531997)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531997 NSE: Engineering - Industrial Equipments | Small Cap | Ikoma Technologies Share Price

₹61.28 1.20 (2.00%)

As on 10-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹136 Cr.
Current Price
₹61.3
52-Week Low / High
₹14 / 105
TTM EPS
₹0.1
TTM Sales
₹1.7 Cr.
Book Value per Share
₹4
P/E Ratio
602.87
Higher than its 3-year historical median
Industry PE
56.2
Price to Book (P/B)
15.10
Higher than its 5-year historical median
Price to Sales (P/S)
81.52
Higher than its 5-year historical median
EV/EBITDA
270.16
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
14.35%
Return on Capital Employed (ROCE)
21.68%
Return on Assets (ROA)
2.35%
Operating Profit Margin
12.5%
Net Profit Margin
6.65%
Gross Profit Margin
13.1%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
-47.44%
Operating Profit Growth (1 Year)
-
-66.26%
Net Profit Growth (1 Year)
-
-74.22%
Asset Quality
Promoter Holding
36.70%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-14 Cr.
Equity
₹22.6 Cr.
Face Value
₹10
All Time Low / High
₹0.50 / 196.95

Ikoma Technologies stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Ikoma Technologies Ltd a good quality company?
Ikoma Technologies Ltd is a weak quality company, based on a inconsistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Ikoma Technologies Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Ikoma Technologies Ltd vs industry peers?
Ikoma Technologies Ltd revenue CAGR is %, compared to the industry median CAGR of 0.00%, indicating stable growth and maintaining its market share.
Q.1 Promoter shareholding and pledge status of Ikoma Technologies Ltd?
Promoters hold 36.70% of the Ikoma Technologies Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Ikoma Technologies Ltd over the last decade?
Over the last 3 year(s), the stock has delivered a CAGR of 144.7% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ikoma Technologies Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 0%0%0%0%-261.1%-283.9%-24.9%-438.5%128.8%21.7%-
Value Creation
Index
NANANANANANANANA8.20.6-

Growth Parameters

Sales 0000000037.719.82
Sales YoY Gr.-NANANANANANANANA-47.4%-
Adj EPS -0-0-0-0.1-0-0-0-0.32.20.60.1
YoY Gr.-NANANANANANANANA-74.2%-
BVPS (₹) -0.1-0.1-0.2-0.2-0.3-0.3-0.3-0.74.13.94
Adj Net
Profit
-0-0.1-0.1-0.1-0.1-0.1-0-0.65.11.30
Cash Flow from Ops. -0-0.1-0.1-0.1-0.1-0.1-0-0.61.37.7-
Debt/CF from Ops. -3-2-3.2-3.1-7.6-8.7-30.1-2.210.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANANA-47.4%
Adj EPS NANANA-74.2%
BVPSNANANA-4.6%
Share Price - - 138.1% -35.7%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
27.330.320.34114.912.74.565.9123.814.42.5
Op. Profit
Mgn %
-10456.3-20756.500000019.512.5-29.5
Net Profit
Mgn %
-10456.3-20760.100000013.66.713.6
Debt to
Equity
-0.7-0.5-0.7-1.1-1.1-1-1.3-1.10.10.10.2
Working Cap
Days
80,3671,07,357000000220825148
Cash Conv.
Cycle
00000000-22-237-6

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales000000003820
Operating Expenses + 000000013017
Manufacturing Costs00000000237
Material Costs0000000057
Employee Cost 0000000021
Other Costs 0000000103
Operating Profit -0-0-0-0-0-0-0-172
Operating Profit Margin (%) -10,456.3%-20,756.5%------19.5%12.5%
Other Income + 0000000000
Exceptional Items 0000000000
Interest 0000000000
Depreciation 0000000001
Profit Before Tax -0-0-0-0-0-0-0-172
Tax 0000000021
Profit After Tax -0-0-0-0-0-0-0-151
PAT Margin (%) -10,456.3%-20,760.1%------13.6%6.7%
Adjusted EPS (₹)-0.0-0.0-0.0-0.1-0.0-0.0-0.0-0.32.30.6
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%33.30%0%

Valuation of Ikoma Technologies - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + -0-0-0-0-0-1-1-199
Share Capital 17171717171717172323
Reserves -18-18-18-18-18-18-18-18-13-14
Debt +0000111111
Long Term Debt0000111111
Short Term Debt0000000000
Minority Interest0000000000
Trade Payables000000003833
Others Liabilities 00000000614
Total Liabilities 000000005557

Fixed Assets

Net Fixed Assets +00000000412
Gross Block00000000515
Accumulated Depreciation0000000003
CWIP 0000000000
Investments 0000000000
Inventories0000000050
Trade Receivables000000003814
Cash Equivalents 0000000061
Others Assets 00000000330
Total Assets 000000005557

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -0-0-0-0-0-0-0-118
PBT -0-0-0-0-0-0-0-172
Adjustment 0000000011
Changes in Working Capital 00000000-65
Tax Paid 000000000-0
Cash Flow From Investing Activity + 00000000-0-10
Capex 00000000-0-10
Net Investments 0000000000
Others 0000000000
Cash Flow From Financing Activity + 000000005-3
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 000000000-0
Dividend Paid 000000000-2
Others 000000005-1
Net Cash Flow -0-00-0-0-00-06-5

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/AN/AN/AN/AN/AN/AN/AN/A123.8114.35
ROCE (%)N/AN/AN/AN/AN/AN/AN/AN/A128.8321.68
Asset Turnover Ratio000000001.360.35
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/A0.28
Working Capital Days
Receivable Days00000000366.90478.60
Inventory Days0000000046.800
Payable Days000000001,500.601,867

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ikoma Technologies Ltd FAQs

The current trading price of Ikoma Technologies on 10-Jun-2026 16:59 is ₹61.28.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 09-Jun-2026 the market cap of Ikoma Technologies stood at ₹135.7 Cr

The latest P/E ratio of Ikoma Technologies as of 09-Jun-2026 is 602.9.

The latest P/B ratio of Ikoma Technologies as of 09-Jun-2026 is 15.10.

The 52-week high of Ikoma Technologies is ₹105.0 and the 52-week low is ₹13.81.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ikoma Technologies is ₹1.66 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ikoma Technologies Ltd is a below average quality company.

The key valuation ratios of Ikoma Technologies Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ikoma Technologies Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Ikoma Technologies Ltd

Vuenow Infratech Limited was incorporated on September 27, 1993 under the name ‘Good Value Irrigation Limited’ in the State of Maharashtra under the Companies Act, 1956. The name of the Company was subsequently changed to 'Vuenow Infratech Limited' on May 10, 2023.

The company operates in the business of buying and selling data centers. Additionally, it is involved in operating and maintaining these data centers, as well as providing them on lease to clients. This means the company not only manages the physical infrastructure and technical aspects of data centers but also offers these facilities to businesses on a rental basis, catering to their data storage and management needs. It is creating India’s largest network of large and Edge Data Centres, that will impact the daily lives of all Indians by providing better and faster access to services, connectivity, education, agriculture, healthcare and many other services.

Business area of the company

The company operates in the business of buying and selling data centers. Additionally, it is involved in operating and maintaining these data centers, as well as providing them on lease to clients

Services of the company

  • Data Centres (DC) & cloud
  • Colocation
  • Networking


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