Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

Panache Digilife Limited

NSE: PANACHEIT Enabled ServicesTrade-to-trade true

Share price

₹617.80

+4.85% close of 9 Oct 2026

Market cap ₹988 CrP/E 47.1

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

61

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹988 Cr

P/E ratio

47.1

P/B ratio

9.4

ROCE

25.6%

ROE

20.9%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹617.8052-week low ₹243.50

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Dec 2016 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Dec 2016 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

At 47.1× earnings it costs 2.0× the market, which pays 24.1× across 2199 companies we can price. Its own industry sits at 38.2×, across 5 companies. It is against its own five-year median of 66.9×, the 16th percentile of its own range.

Whether growth justifies the valuation

Priced at 0.3 times its growth rate, on earnings growth of 142%.

Profit growthPrice per ₹1 profitPer 1% growth
Panache Digilife Limited — this one142%/yr47.1×—
L&T Technology Services Limited6%/yr25.5×₹4.3
Inventurus Knowledge Solutions Limited30%/yr38.2×₹1.3
Tata Technologies Limited-1%/yr44.5×—
Netweb Technologies India Limited64%/yr99.9×₹1.6
SAGILITY LIMITED86%/yr20.0×₹0.23

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (IT Enabled Services), it ranks 11 of 58 on returns, 37 of 54 on growth, 30 of 58 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

A wide advantage: it earns 25.6% on capital, ahead of 81% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹15 crore of cash before any plant spend, funded from lenders and shareholders. And the profit is not backed by cash: it reported a profit over 10 years and consumed cash from the business. Its cash comes back more slowly than it used to: it went from being waiting 105 days for its cash to waiting 139 days for its cash.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

7 of 9 checks clear · 78%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 10 Aug 2026 · Consolidated · Unaudited

Revenue

₹51 Cr

Revenue vs last year

+69.5%

Revenue vs last quarter

-49.2%

Net profit

₹4 Cr

Profit vs last year

+261.7%

Profit vs last quarter

-63.8%

Net margin

7.1%

EPS

₹2.26

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹988 Cr
Prev close
₹617.80
52w High
₹627
52w Low
₹238
Enterprise value
₹1,013 Cr
Beta
0.5
Price CAGR 1y
28.0%
Price CAGR 3y
102.0%
Price CAGR 5y
61.0%
Price CAGR 10y
—

Ratios

Return on assets
7.5%
PEG ratio
0.3
P/E ratio
47.1
P/B ratio
9.4
EV / EBITDA
33.5
Industry P/E
26.9
ROCE
25.6%
ROCE 5y average
14.6%
ROE
20.9%
Debt / Equity
0.3
Interest coverage
8.3
Dividend yield
0.0%
ROE 3y average
17.0%
ROE last year
22.0%

Annual P&L

Annual revenue
₹243 Cr
Annual profit
₹17 Cr
Operating margin
11.0%
Net profit margin
7.0%
EBITDA margin
11.1%
Sales growth 3y
29.5%
Sales growth 5y
25.5%
Profit growth 3y
142.0%
Profit growth 5y
45.0%
EPS
₹10.1
Sales growth TTM
97.0%
Profit growth TTM
225.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹51 Cr
Profit latest quarter
₹4 Cr
YoY quarterly sales growth
72.1%
YoY quarterly profit growth
329.8%
OPM latest quarter
10.2%

Balance Sheet

Book Value
₹66.3
Face Value
₹10.0
Total debt
₹28 Cr
Total cash
₹3 Cr
Borrowings
₹28 Cr
Reserves / Equity
5.6

Cash Flow

Operating cash flow
-₹5 Cr
Free cash flow
-₹6 Cr
FCF yield
-0.9%
Net cash flow
-₹4 Cr

Shareholding

Promoter holding
54.0%
FII holding
—
DII holding
—
Public holding
46.0%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
L&T Technology3,240.2025.634,3741.78357.117.42,940.111.526.7
Inventurus Knowl1,780.0040.030,5560.00193.727.9893.620.731.5
Tata Technolog.707.3044.128,7201.19180.86.21,664.633.820.9
Netweb Technol.4,732.85107.928,1360.0685.3179.9819.7172.137.5
Sagility43.4819.720,3540.35216.853.01,963.527.613.4
Affle 3i1,423.9042.020,0650.00128.421.7747.220.416.8
ESDS Software1,424.55135.316,6970.0029.314.0133.77.330.2
Panache Digilife627.3047.11,0050.003.6320.050.872.125.6
Median226.2026.98600.008.820.8110.920.716.4

Competes with: Affle 3i Limited, Amagi Media Labs Limited, Black Box Limited, ESDS Software Solution Limited, Inventurus Knowledge Solutions Limited, L&T Technology Services Limited, Netweb Technologies India Limited, SAGILITY LIMITED, Tata Technologies Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales5.962115551223216030397410051
Expenses5.90191451112118572837688446
Material Cost582736787670
Change in Inventories-4.12-1.78-1.83-132.41-28
Purchases of Stock-in-Trade000000
Employee Cost1.441.551.791.572.071.68
Other Expenses1.231.201.091.753.031.60
Operating Profit0.061.220.983.911.012.773.153.521.932.506.38165.20
OPM %1.015.936.447.148.5912155.866.536.408.571610
Other Income1.140.391-2.710.590.930.170.260.200.370.56-1.940.70
Exceptional items (within Other Income)0000-3.460
Interest1.061.081.161.150.930.650.630.520.670.690.630.660.71
Depreciation0.220.220.220.220.240.300.270.270.290.290.300.380.40
Profit before tax-0.080.310.60-0.170.432.752.422.991.171.896.01134.79
Tax %06.455244.651918262525282524
Net Profit-0.080.290.56-0.220.412.221.972.250.841.424.26103.61
EPS in Rs-0.070.240.47-0.180.351.461.301.480.570.922.865.972.36
Diluted EPS in Rs1.570.530.902.715.492.09

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales791029371788611297116243264
Expenses72958665708110690105216234
Material Cost99216
Change in Inventories-2.18-14
Purchases of Stock-in-Trade00
Employee Cost4.406.98
Other Expenses4.207.06
Operating Profit77778566112730
OPM %97791055691111
Other Income111-5-210-02-1-0
Exceptional items (within Other Income)0-3.46
Interest212343452.7433
Depreciation00011110.881.0811
Profit before tax565-2221192226
Tax %17223254805336172026
Net Profit454-30110.556.871719
EPS in Rs5.264.053.10-2.440.300.670.680.464.521012
Diluted EPS in Rs4.749.06
Dividend Payout %068-10000000

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
—
5 years
26%
3 years
29%
TTM
97%

Compounded profit growth

10 years
—
5 years
45%
3 years
142%
TTM
225%

Stock price CAGR

10 years
—
5 years
61%
3 years
102%
1 year
28%

Return on equity

10 years
14%
5 years
13%
3 years
17%
Last year
22%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital46612121212121516
Reserves5222617171819205190
Borrowings18132443292435332128
Other Liabilities36495137374235322794
Minority Interest-0.020.47
Total Liabilities6491107110959710297114228
Fixed Assets334255412121215
CWIP0006660000
Investments0001000000
Other Assets60871027883879085101213
Total Assets6491107110959710297114228

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity0-7-5767-75-15-5
Cash from Investing Activity0-10-23-16694-18
Cash from Financing Activity07-214-5-6-15-122220
Net Cash Flow0-0-7-3-17-16110-4
Free Cash Flow0-7-7-17513-113-12-6

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days200173250205181134157180203154
Inventory Days8312412017810212976
Days Payable1831892192087572148
Cash Conversion Cycle10110915117620819115718020382
Working Capital Days638282521061057883171139
ROCE %22159121010131426

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters656565655252525252525454
Public353535354848484848484646
No. of Shareholders2,5492,5852,7823,4503,0513,2623,1663,3933,9753,6053,5263,915

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year +36.1% (₹453.80 → ₹617.80)Brick size ₹20.80 (fixed)Bricks 32
₹400₹618Nov '25Feb '26May '26Oct '26
Price moved up one brickPrice moved down one brickLast close ₹617.80 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

25.00inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

0.00cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

0.00cr

2026-03-31

News

News and filings about Panache Digilife Limited. Open one to see why it matters.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Uses as raw material

  • electronic components (PCBs, displays, ICs/semiconductors)
  • processors/chipsets
  • storage drives (HDD/SSD)

Sells to

  • US-based brand (media gateway devices, unnamed) · media gateway devices (contract manufacturing/ODM)

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Information Technology
Industry
IT Enabled Services
Classification
Information Technology › IT Enabled Services
ISIN
INE895W01019

Plants

  • Panache Babosa Industrial Park facility

News impact

Big market events that reach Panache Digilife Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Dividends

21 Sep 2020unspecified₹0.25

Splits, bonuses & buybacks

  • daily-prices repair: 43 rows from NSE's archive (replace 36, delete 1, insert 6), 2017-10-16..2026-05-28 (docs/flat_day_repair.md)1× · 16 Oct 2017

Bulk & block deals

DateWhoBought / soldSharesPrice
8 Oct 2026VIJAY CHANDUMAL DEVNANIBUY1,00,000₹603.45

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.