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What is the Covance Softsol Ltd (COVANCE) share price today?

Covance Softsol Ltd (COVANCE) is trading at ₹240.8 on the BSE, up 4.99% on the day. Source: DocStoX.

What is the PE ratio of Covance Softsol Ltd?

Covance Softsol Ltd has a price-to-earnings (PE) ratio of 43.9 in the Information Technology sector.

What is the market capitalisation of Covance Softsol Ltd?

Covance Softsol Ltd has a market capitalisation of approximately ₹296 crore.

Covance Softsol Ltd

COVANCE·BSE·Information Technology

₹240.80▲ +11.45 (+4.99%)

Information Technology · IT - Software

Debt-free and consistently profitable

Day₹230.25

₹240.80

52W₹158

₹31652%

Open

₹233.95

High

₹240.80

Low

₹230.25

Prev Close

₹229.35

Volume

8.3K

VWAP

₹238.30

Snapshot

Key fundamentals

Market Cap

₹296 Cr

P/E Ratio

43.94Expensive

P/B Ratio

2.62

EPS

₹5.48

Book Value

₹76.47

ROE

26.50%Strong

ROCE

8.00%Weak

Dividend Yield

0.00%

Debt / Equity

0.00Low

Face Value

₹10.00

52W High

₹316.30

52W Low

₹157.50

Sector

Information Technology

Industry

IT - Software

Avoid

None moatMedium uncertainty

Fair value estimate

₹72

▼ 70.2%downside

Trading at ₹241 — 70% above our estimate

BearFair valueBull

₹61₹72₹83

/100

Business quality — Solid

Growth 50Profitability 77Efficiency 0Valuation 58

Plain English

Our view

Debt-free and consistently profitable
Virtually debt-free balance sheet

Strengths

Virtually debt-free balance sheet
Strong returns on equity (27%)
Promoters hold a controlling stake

How we got there

Fair value methods

Residual income

6% ROE fading to 12% over ~3 yrs, on ₹76 book

₹71

Relative P/E

Needs ≥3 peers with P/E

—

Graham floor

Conservative floor: √(22.5 × EPS × book value/share)

₹75

Analyst target

No analyst coverage

—

Blended fair value₹72

What the numbers say

Investment thesis

Bull case

Virtually debt-free balance sheet
Strong returns on equity (27%)
Promoters hold a controlling stake

Bear case

No notable red flags from the current metrics.

Free — see our deterministic Fair Value range, business quality score, and the full bull/bear case for this stock.

Snapshot

Key statistics

P/E

43.9Expensive

Below 15× is value territory; above 35× prices in strong growth

ROE

26.5%Strong

Above 15% is considered healthy for Indian equities

ROCE

8.0%Weak

Above 18% means capital is working hard

Debt/Eq

0.00Low

Below 0.5 is comfortable; above 1.5 strains the balance sheet

Mkt Cap

₹296 Cr

P/B

2.62

EPS

₹5.48

Div Yield

—

What changed

Recent changes

No notable changes to report.

What matters

News impact

Overview

Valuation

Expensive

P/E 43.9×

Growth

N/A

No history

Profitability

Excellent

26.5% ROE

Financial health

Rock solid

D/E 0.00

Momentum

N/A

No technicals

Today

Trading activity

Delivery %—

Turnover₹19.72L Cr

Trades206

VWAP₹238.30

Face value₹10.00

Market depth

Market depth available during market hours

Snapshot

Technical signals

Compounded annual growth

Growth (CAGR)

No growth history

Not enough annual history to compute CAGR.

Profile

Pros

Company has reduced debt.
Company is almost debt free.
Company is expected to give good quarter

Watch-outs

Cons

Though the company is reporting repeated profits, it is not paying out dividend
Company has a low return on equity of 12.1% over last 3 years.
Working capital days have increased from 143 days to 430 days

Forecast

News

Peers

Financials

Growth

Shareholding

Ownership

Ownership breakdown

Quarter ending 30 Jun 2026

Ownership was broadly stable versus the previous quarter. The QoQ column shows each group's change versus the prior quarter.

73%

Promoter

Promoters

73.5%0.00

Public

2.9%0.00

FII / FPI

0.0%0.00

DII

0.0%0.00

Others

23.6%

Total shareholders

2,231-48 QoQ

Quarterly trend

Ownership over time

Q1 FY27

Promoter73.47%

Public2.92%

Others23.61%

Corporate Actions

Bulk & Block Deals

Filings

MF Holdings

Technicals

FAQs

Quick reference

Frequently asked questions

Incorporated in 2023, Covance SoftSol Ltd provides services related to software development and information technology[1]