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Digispice Technologies Ltd (DIGISPICE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 517214 NSE: DIGISPICE IT - Software | Small Cap | Digispice Technolog Share Price

₹19.76 -0.62 (-3.04%)

As on 05-Jun'26 10:30

Digispice Technologies Ltd (DIGISPICE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 517214 NSE: DIGISPICE IT - Software | Small Cap | Digispice Technolog Share Price

₹19.76 -0.62 (-3.04%)

As on 05-Jun'26 10:30

Key Metrics
Valuation Multiples
Market Cap
₹478 Cr.
Current Price
₹19.8
52-Week Low / High
₹15 / 35
TTM EPS
₹-0.1
TTM Sales
₹0 Cr.
Book Value per Share
₹7.4
P/E Ratio
0.00
Industry PE
22.2
Price to Book (P/B)
2.77
Lower than its 5-year historical median
Price to Sales (P/S)
0.00
Lower than its 5-year historical median
EV/EBITDA
-18160.22
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-4.31%
Underperforms industry median
Return on Capital Employed (ROCE)
-4.23%
Underperforms industry median
Return on Assets (ROA)
-3.85%
Operating Profit Margin
0%
Net Profit Margin
-%
Gross Profit Margin
0%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
-
-
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
72.70%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹102 Cr.
Equity
₹70.4 Cr.
Face Value
₹3
All Time Low / High
₹2.04 / 152.05

Digispice 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 Digispice Technologies Ltd a good quality company?
Digispice 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 Digispice Technologies Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Digispice Technologies Ltd vs industry peers?
Digispice Technologies Ltd revenue CAGR is -100.00%, compared to the industry median CAGR of 2.48%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Digispice Technologies Ltd?
Promoters hold 72.70% of the Digispice Technologies Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Digispice Technologies Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 3.5% 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.
Digispice 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 % -28%-71.4%-33.9%1.2%-27.2%-0.6%-1%0.2%-0.1%-4.2%-
Value Creation
Index
-3.0-6.1-3.4-0.9-2.9-1.0-1.1-1.0-1.0-1.3-

Growth Parameters

Sales 1531551441571211111130000
Sales YoY Gr.-1.2%-7%8.9%-22.6%-8.3%1.2%-100%NANA-
Adj EPS -3.2-4.9-3.90.4-4-0.3-0.20-0-0.4-0.1
YoY Gr.-NANANA-1202.8%NANANA-300%NA-
BVPS (₹) 9.24.414.915.310.710.510.59.910.47.97.4
Adj Net
Profit
-58.1-89.2-787.3-80.1-6-3.60.5-0.7-8.2-2
Cash Flow from Ops. -32.86.4-10.7-11.22.30.332.1-21.2-12.1-5.1-
Debt/CF from Ops. -00-1.6-2.16.349.20-0.600-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%NA
Adj EPS NANANANA
BVPS-1.6%-5.9%-8.8%-24%
Share Price 4.3% -18.6% 0.5% -5.3%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-26.9-73-41.12.4-30-2.7-1.60.2-0.3-4.2-1.3
Op. Profit
Mgn %
-8-7.7-13.9-2.7-9.4-12.1-8.2000NAN
Net Profit
Mgn %
-38-57.7-54.34.7-66.1-5.4-3.2000-INF
Debt to
Equity
000.10.10.10.100.1000
Working Cap
Days
1321062703905024373210000
Cash Conv.
Cycle
-11-21-56-115-250-400-5790000

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales153155144157121111113000
Operating Expenses > + 1651671651611331251226614
Manufacturing Costs3354311000
Material Costs15015200000000
Employee Cost 334650352218337
Other Costs > 91011410795102104237
Operating Profit > -12-12-21-4-12-14-10-6-6-14
Operating Profit Margin (%) -8.0%-7.8%-14.5%-2.8%-9.6%-12.7%-8.6%---
Other Income > + 22161216112110787
Exceptional Items > -62-85-492-68-000-10
Interest > 0022311000
Depreciation > 8799983111
Profit Before Tax > -61-88-692-81-3-30-0-8
Tax > -2-01-6-211000
Profit After Tax -58-88-698-79-4-40-0-8
PAT Margin (%) -38.0%-56.6%-48.2%5.1%-65.0%-3.6%-3.4%---
Adjusted EPS (₹)-3.2-4.8-3.40.4-3.9-0.2-0.20.0-0.0-0.4
Dividend Payout Ratio (%)0%0%0%114%0%0%0%0%0%0%

Valuation of Digispice Technolog - 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 + 16679301308216213214204215165
Share Capital 54546161616161626262
Reserves 11224241248156152153142153102
Debt +001724141301200
Long Term Debt0000000000
Short Term Debt001724141301200
Minority Interest0000000000
Trade Payables15728545539432612
Others Liabilities 547151050-3-32616
Total Liabilities 186133361397290265254240242183

Fixed Assets

Net Fixed Assets +6854424033911814
Gross Block726874818337393916
Accumulated Depreciation41432415028283102
CWIP 0040020000
Investments 669134136838311611610196
Inventories0000000000
Trade Receivables0337684441301900
Cash Equivalents 2663335263933314325
Others Assets 26611121181039263659858
Total Assets 186133361397290265254240242183

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + -336-11-112032-21-12-5
PBT -61-88-692-81-3-3-823-53
Adjustment 5887631074-7-2-3-3436
Changes in Working Capital -29-28-10191116-13-8-1
Tax Paid -19-13-13-10-1213813
Cash Flow From Investing Activity + 37-952184-19-0214
Capex 110-6-2-34-3-04-3
Net Investments 12833-89-12-9-780
Others 35-48-22131212-7796
Cash Flow From Financing Activity + -0-0101-251-812-8-2
Net Proceeds from Shares 0000013112
Net Proceeds from Borrowing -0-000000000
Interest Paid 0-0-2-2-2-1-1-1-1-0
Dividend Paid 0000-1200000
Others 00113-112-1112-8-4
Net Cash Flow 4-34-8-455-91-4

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-26.89-71.55-36.512.61-30.04-1.88-1.80.24-0.12-4.31
ROCE (%)-27.98-71.44-33.861.24-27.22-0.62-0.990.23-0.11-4.23
Asset Turnover Ratio0.660.970.580.410.350.40.43000
PAT to CFO Conversion(x)N/AN/AN/A-1.38N/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days07.3050.40121.60168.70140.40115.80000
Inventory Days0.10000000000
Payable Days21.6026.5000000000

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

Digispice Technologies Ltd FAQs

The current trading price of Digispice Technolog on 05-Jun-2026 10:30 is ₹19.76.

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 04-Jun-2026 the market cap of Digispice Technolog stood at ₹478.3 Cr

The latest P/E ratio of Digispice Technolog as of 04-Jun-2026 is 0.00.

The latest P/B ratio of Digispice Technolog as of 04-Jun-2026 is 2.77.

The 52-week high of Digispice Technolog is ₹35.20 and the 52-week low is ₹15.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Digispice Technolog is ₹0.00 ( Cr.) .

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

The key valuation ratios of Digispice 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 Semi Strong which suggest that the price of Digispice Technologies Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Digispice Technologies Ltd

Digispice Technologies Limited (formerly known as Spice Mobility Limited) is engaged in the business of digital transformation of private & public enterprises and Governments. While building a strong ecosystem over the last two decades, the Company has emerged as a technology solutions and communications platform provider globally. The Company, through its direct and step-down subsidiaries, is operating in India and South Asia and Africa. The Company through its wholly owned subsidiary “Spice Money Limited” is engaged in providing Digital Financial Services (Fintech Business).

Digispice is positioned as a trusted strategic partner in the digital transformation of private & public enterprises and governments. As a Digital Native company, the company leverage its core capabilities in engineering, analytics & automation, enabling customers to easily reinvent products, operations and business models. While building a strong ecosystem over the last two decades, it has emerged as its partners preferred choice to provide tech solutions for enterprise digital transformation, digital entertainment, digital financial services and digital government services globally.

Since 2000, the company is known to its customers as a thriving, innovation-led organization. With extensive experience in running telecom services in India (Spice Telecom), creating telecom-focused IT and content solutions and building fintech platforms and mobile ecosystems for government services, the company has catered to a diverse set of customer needs, whilst keeping pace with the rapid evolutions in the tech industry. Its in-depth knowledge of digital domains, acute technical insight, customer first approach and agile service delivery has helped it to achieve a leading position in the segments it operates in.

Business area of the company 

The company is primarily engaged into the Information and Communication Technology business providing Value Added Services, and Mobile Content services to the domestic/international Telecom Operators. Also, the company undertakes development and sale of telecom related software.

Products and services 

DiGi Entertainment Solutions: The company provides a wide range of digital entertainment solutions and digital media services that bring entertainment to your fingertips. Its offerings include innovative and highly functional entertainment solutions which give users instant access to a whole new world of infotainment. It is a leader in providing digital media and infotainment services to various Mobile Network Operators world-wide.

DiGi Government Solutions: The company aims to enable governments to leverage new technologies to accelerate economic & social development for better governance. Every government has a vision to build smart cities that use technology to deliver superior services to its citizens. The company is committed to building comprehensive digital solutions and partner with governments across the globe to help realise this dream.

DiGi Financial Solutions: The company’s DFS platform is a sophisticated, flexible and scalable financial enterprise solution that utilises state-of-the-art technologies to meet specific needs and goals of any organisation. Be it delivery of financial services through mobile enabled solutions, e-money models or other digital payment platforms, DiGiSPICE is a leader in providing the perfect solutions to Telcos, Banking, Financial Services & Insurance (BFSI) and Retail players to effectively cut costs, spike revenues and serve the underserved.

DiGi Enterprise Solutions: The company brings a range of highly advanced enterprise business solutions and enterprise IT solutions that keep organisations ahead of the game and future ready. It enables enterprises to harness the true potential of data analytics, robotics and AI to transform the way businesses operate the world over.

DiGi Identifier: The company brings a range of highly advanced enterprise business solutions and enterprise IT solutions that keep organisations ahead of the game and future ready. It enables enterprises to harness the true potential of data analytics, robotics and AI to transform the way businesses operate the world over.

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