Octaware Technologies Ltd

Octaware Technologies Ltd (OCTAWARE) is a micro-cap Information Technology company valued at ₹21 crore operating in IT Enabled Services on the NSE and BSE.

Recent price move

Octaware Technologies Ltd last traded at ₹59.37, unchanged on the day.

Financial performance

The company's revenue grew 11.3% annually, but net profit swung to a loss of ₹5 crore from a profit of ₹0 crore. The latest quarter saw revenue rise 33.1% year-on-year to ₹10 crore, but the net loss widened to ₹5 crore from ₹0 crore. Margins and returns are deeply negative, with net profit margin at -28.6% and return on equity at -45.4%.

Valuation multiples

A price-to-earnings ratio is not meaningful here because the company is loss-making; the stock trades at 2.57 times book value.

Things to watch

The company's balance-sheet safety score is 0.0/10, indicating severe financial weakness. The net profit margin has dropped 30.4 percentage points, and the interest coverage ratio is low. Debtor days have increased to 115 days, signaling potential cash flow issues.

Where it stands

The DocStoX verdict of avoid follows from the company's severe financial weakness and deep negative returns. The most critical factor is the balance-sheet safety score of 0.0/10, which highlights the company's inability to meet its financial obligations.

Summarised by DocStoX's model on 2026-09-08 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.