- CIN
- —
- ISIN
- INE0DRI01029
- Incorporated
- —
- Registered state
- —
Key valuation
- Market cap
- —
- P/E
- —
- Debt / equity
- 0.1x
- Shares outstanding
- 10,04,27,753
Prices shown are indicative, dealer-quoted and updated periodically — they are not exchange-traded prices and may differ from the price at which a transaction is finally executed.
Price history
Information currently unavailable
No dated quotes have been recorded for this company yet.
Business overview
Nashik is not where you would expect to find a cloud company. ESDS has been there since 2005 regardless. The work splits three ways. Cloud computing, managed IT services, software. All of it is built around eNlight Cloud, which is the flagship platform. Scalable infrastructure, community cloud options, cloud based applications. Infrastructure as a Service, managed services and SaaS are the three lines it feeds. Then the list gets long. AI. Digital banking. Hosted payment platforms. Banking software and ATM card management systems. IT infrastructure and hosting. Database administration, IT consulting, application development, email migration. Disaster recovery and backup, cross platform recovery, SAP HANA hosting, mobile app hosting. Its a lot of surface area for one company to hold onto. Customers come from BFSI, manufacturing, IT and ITES, telecom, real estate, pharma, retail, education and government. ESDS runs in roughly 19 countries now, across Asia Pacific, Europe, the Middle East, Africa and the Americas. Not bad for Nashik.
Key highlights
- Incorporated in 2005
Financial snapshot
FY2025
- Revenue FY2025
- ₹361.34 Cr
- EBITDA
- ₹154.74 Cr
- PAT
- ₹55.61 Cr
- Net worth
- ₹417.58 Cr
- Total debt
- ₹62.71 Cr
- Cash & equivalents
- —
- Operating cash flow
- ₹121.20 Cr
- EPS
- ₹5.54
Reported financials · FY2018–FY2025
Figures in ₹ crore unless stated.
| Particulars | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | YoY | CAGR |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit & loss | ||||||||||
| Revenue from operationsYoY +26.1%CAGR +20.2% | 100 | 141 | 165 | 172 | 195 | 208 | 287 | 361 | +26.1% | +20.2% |
| Other income | 2 | 2 | 2 | 2 | 3 | 5 | 6 | 15 | — | — |
| Total expenses | 87 | 115 | 156 | 165 | 197 | 235 | 269 | 294 | — | — |
| EBITDAYoY +53.5%CAGR +26.1% | 31 | 49 | 44 | 62 | 59 | 43 | 101 | 155 | +53.5% | +26.1% |
| Depreciation & amortisation | 14 | 16 | 29 | 37 | 43 | 49 | 53 | 62 | — | — |
| EBIT | 17 | 33 | 16 | 24 | 16 | -6 | 48 | 93 | — | — |
| Finance cost | 5 | 7 | 7 | 18 | 18 | 26 | 32 | 25 | — | — |
| Profit before taxYoY +270.4%CAGR +27.8% | 15 | 28 | 11 | 9 | -2 | -28 | 22 | 83 | +270.4% | +27.8% |
| Tax expense | 5 | 7 | 5 | 3 | 1 | -5 | 9 | 27 | — | — |
| Profit after taxYoY +308.6%CAGR +27.9% | 10 | 21 | 6 | 5 | -3 | -22 | 14 | 56 | +308.6% | +27.9% |
| Earnings per share | ₹0.99 | ₹2.08 | ₹0.60 | ₹0.55 | ₹-0.26 | ₹-2.24 | ₹1.36 | ₹5.54 | — | — |
| Balance sheet | ||||||||||
| Net worthYoY +84.4%CAGR +31.6% | 61 | 110 | 157 | 187 | 205 | 210 | 227 | 418 | +84.4% | +31.6% |
| Total debt | 24 | 36 | 38 | 71 | 133 | 165 | 149 | 63 | — | — |
| Current liabilities | 56 | 93 | 139 | 161 | 179 | 133 | 125 | 122 | — | — |
| Fixed assets | 73 | 102 | 216 | — | — | — | — | — | — | — |
| Cash & equivalents | 7 | 12 | 1 | — | — | — | — | — | — | — |
| Current assets | 58 | 119 | 120 | 122 | 196 | 194 | 213 | 284 | — | — |
| Total assetsYoY +19.8%CAGR +24.2% | 144 | 236 | 363 | 460 | 523 | 501 | 548 | 656 | +19.8% | +24.2% |
| Cash flow | ||||||||||
| Operating activities | 13 | 17 | 31 | 49 | 16 | 55 | 57 | 121 | — | — |
| Investing activities | -25 | -44 | -71 | -57 | -70 | -54 | -1 | -109 | — | — |
| Financing activities | 7 | 33 | 33 | 22 | 74 | -19 | -71 | 49 | — | — |
| Net change in cash | -5 | 5 | -8 | 14 | 21 | -18 | -15 | 61 | — | — |
Revenue, EBITDA and PAT
₹ crore. A year with no reported figure is left out rather than drawn as zero.
- Revenue
- EBITDA
- PAT
Every ratio here is worked out from the reported figures in the Financials tab, and valuation multiples from the indicative price in the header. Nothing is a stored value. A ratio the filings cannot support (a line not reported, or a zero or negative base) is left out or shown as —, never as a misleading number. Balance-sheet ratios use year-end figures.
Profitability & margins
How much of each rupee of revenue survives each layer of cost.
| Ratio | FY2018 | FY2019 | FY2020 | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 |
|---|---|---|---|---|---|---|---|---|
| EBITDA margin | 30.7% | 34.7% | 26.7% | 35.9% | 30.0% | 20.6% | 35.2% | 42.8% |
| EBIT (operating) margin | 17.1% | 23.4% | 9.4% | 14.1% | 8.1% | -3.1% | 16.8% | 25.6% |
| Pre-tax margin | 14.9% | 19.9% | 6.5% | 5.1% | -1.1% | -13.3% | 7.8% | 22.9% |
| Net (PAT) margin | 10.0% | 14.9% | 3.7% | 3.2% | -1.4% | -10.8% | 4.8% | 15.4% |
| Expenses to revenue | 87.5% | 81.5% | 94.6% | 96.2% | 101.0% | 113.3% | 93.7% | 81.3% |
| Finance cost to revenue | 4.7% | 4.8% | 4.0% | 10.3% | 9.1% | 12.5% | 11.0% | 7.0% |
| Depreciation to revenue | 13.6% | 11.3% | 17.3% | 21.8% | 22.0% | 23.7% | 18.3% | 17.2% |
| Other income share | 2.4% | 1.4% | 1.0% | 1.3% | 1.7% | 2.2% | 1.9% | 4.1% |
| Effective tax rate | 33.1% | 25.4% | 43.4% | 37.4% | — | — | 39.0% | 32.7% |
How these are worked out
- EBITDA margin
- EBITDA ÷ revenue
- EBIT (operating) margin
- (EBITDA − depreciation) ÷ revenue
- Pre-tax margin
- Profit before tax ÷ revenue
- Net (PAT) margin
- Profit after tax ÷ revenue
- Expenses to revenue
- Total expenses ÷ revenue
- Finance cost to revenue
- Finance cost ÷ revenue
- Depreciation to revenue
- Depreciation & amortisation ÷ revenue
- Other income share
- Other income ÷ (revenue + other income)
- Effective tax rate
- Tax expense ÷ profit before tax
IPO / listing status
The company has not announced IPO details such as a DRHP filing, an expected window or its bankers. This section will update once it does.
Research & news
Information currently unavailable
Nothing has been published on ESDS Software yet. Research, news and articles tagged with it will appear here when they are.
Documents
Information currently unavailable
No documents have been catalogued for this company yet.