Marushika Technology Limited

Marushika Technology Limited (MARUSHIKA) is a micro-cap Information Technology company valued at ₹101 crore operating in Computers Hardware & Equipments on the NSE and BSE.

Recent price move

Marushika Technology Limited last traded at ₹114.9, up 4.22% on the day.

Recent developments

On 2026-08-13, Marushika Technology won a ₹30 crore multi-level parking project in Nashik through a consortium, marking a significant infrastructure win that could boost future revenue.

Financial performance

The company's business is improving, with annual revenue rising 57.4% and net profit jumping 200.0% year-over-year. However, the latest quarter saw revenue fall 20.0% compared to the same quarter a year earlier, while net profit remained flat. The net profit margin widened to 7.1% from 3.7% in the prior year, and return on capital employed stood at 34.0%.

Valuation multiples

The stock trades at 11.1 times earnings, a discount to the Information Technology median of 20.7, 2.11 times book value.

Things to watch

The stock is 4.9% below its 52-week high, and the company has not paid any dividends despite reporting profits. The latest quarter's revenue decline compared to the year-ago period raises concerns about recent performance.

Where it stands

Marushika Technology has delivered strong annual growth in revenue and net profit, but the latest quarter's revenue drop highlights recent challenges. The company's net profit margin has improved significantly, and its return on capital employed remains robust at 34.0%. The stock is currently 4.9% below its 52-week high.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.