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Orchasp Ltd

ORCHASP
BSE
2.07
0.96%
Last Updated:
29 Apr '26, 4:00 PM
Company Overview
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Orchasp Ltd

ORCHASP
BSE
2.07
0.96%
29 Apr '26, 4:00 PM
Company Overview
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6M
Price
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Quick Ratios

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Mkt Cap
Market Capitalization
72Cr
Close
Close Price
2.07
Industry
Industry
IT - Software
PE
Price To Earnings
PS
Price To Sales
2.69
Revenue
Revenue
27Cr
Rev Gr TTM
Revenue Growth TTM
51.59%
PAT Gr TTM
PAT Growth TTM
-129.25%
Peer Comparison
How does ORCHASP stack up?
Compare up to 10 companies side by side across valuation, profitability, and growth.
ORCHASP
VS

Quarterly Results

Consolidated
Standalone
Numbers
Percentage
QuarterMar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025
Revenue
RevenueCr
1034343567884
Growth YoY
Revenue Growth YoY%
1.0-34.1-25.4-23.3-64.014.831.175.7100.3122.764.3-27.6
Expenses
ExpensesCr
16333431964774
Operating Profit
Operating ProfitCr
-7010-10-1503100
OPM
OPM%
-67.614.817.411.7-15.111.8-321.68.242.89.23.95.3
Other Income
Other IncomeCr
500010000000
Interest Expense
Interest ExpenseCr
000000000000
Depreciation
DepreciationCr
000000000000
PBT
PBTCr
-200000-1413100
Tax
TaxCr
000000000000
PAT
PATCr
-200000-1413100
Growth YoY
PAT Growth YoY%
-137.1-57.6-29.2-71.6100.6-8.0-4,300.085.230,100.0134.8101.5-62.0
NPM
NPM%
-17.18.39.77.90.36.6-311.18.343.17.02.84.4
EPS
EPS
-0.10.00.00.00.00.0-0.40.0-0.40.00.00.0

Profit & Loss

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025TTM
Revenue
RevenueCr
121453105608383723132127
Growth
Revenue Growth%
16.715.1296.395.7-42.336.6-90.1355.7-37.1-43.559.226.4
Expenses
ExpensesCr
241749101558083727133222
Operating Profit
Operating ProfitCr
-13-4445300-41-114
OPM
OPM%
-108.6-29.68.43.78.53.0-0.50.2-15.45.5-51.615.9
Other Income
Other IncomeCr
-1400040115110
Interest Expense
Interest ExpenseCr
100011111100
Depreciation
DepreciationCr
142100000000
PBT
PBTCr
-29-6723720001-114
Tax
TaxCr
000-110000000
PAT
PATCr
-29-6724620001-114
Growth
PAT Growth%
-1,11,564.8-132.0103.564.162.9-72.9-87.4-73.5526.394.1-1,648.7137.6
NPM
NPM%
-247.1-498.04.33.610.32.02.60.11.55.1-49.914.9
EPS
EPS
-4.0-9.30.30.50.70.20.00.00.00.0-0.4-0.4

Balance Sheet

Consolidated
Standalone
Numbers
Percentage
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Sep 2025
Equity Capital
Equity CapitalCr
727214162020202023306464
Reserves
ReservesCr
9-59277778818178784849
Current Liabilities
Current LiabilitiesCr
1315291516222945747189104
Non Current Liabilities
Non Current LiabilitiesCr
111034100000
Total Liabilities
Total LiabilitiesCr
96294539116124130145175179201216
Current Assets
Current AssetsCr
2625433747556177107111133148
Non Current Assets
Non Current AssetsCr
695326969696868686868
Total Assets
Total AssetsCr
96294539116124130145175179201216

Cash Flow

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Operating Cash Flow
Operating Cash FlowCr
282-2-2-22-4-1200-16
Investing Cash Flow
Investing Cash FlowCr
-27000-630-30000
Financing Cash Flow
Financing Cash FlowCr
-1-12465-37120015
Net Cash Flow
Net Cash FlowCr
0001-1-100000
Free Cash Flow
Free Cash FlowCr
22-2-3-12-4-1200-16
CFO To PAT
CFO To PAT%
-98.1-2.3-96.3-64.8-34.299.6-1,699.5-21,495.3122.346.0148.1
CFO To EBITDA
CFO To EBITDA%
-223.2-38.7-49.8-63.6-41.566.78,737.2-14,707.3-11.943.2143.2

Ratios

Consolidated
Standalone
Financial YearMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Valuation Ratios
Valuation Ratios
Market Cap
Market CapitalizationCr
7527211881570316271
Price To Earnings
Price To Earnings
0.00.011.55.52.94.977.5709.091.083.20.0
Price To Sales
Price To Sales
0.60.40.50.20.30.11.91.91.34.73.4
Price To Book
Price To Book
0.10.41.60.90.20.10.10.70.30.60.6
EV To EBITDA
EV To EBITDA
-0.6-1.46.55.74.34.2-370.2857.8-8.585.4-6.5
Profitability Ratios
Profitability Ratios
GPM
GPM%
99.799.7100.0100.0100.063.3100.0100.097.9100.099.7
OPM
OPM%
-108.6-29.68.43.78.53.0-0.50.2-15.45.5-51.6
NPM
NPM%
-247.1-498.04.33.610.32.02.60.11.55.1-49.9
ROCE
ROCE%
-33.9-476.112.811.98.62.61.00.81.21.4-9.2
ROE
ROE%
-35.8-486.814.416.16.41.70.20.10.30.6-9.4
ROA
ROA%
-30.3-228.65.19.95.31.40.20.00.20.4-5.2
Operational Ratios
Operational Ratios
Solvency Ratios
Solvency Ratios
Liquidity Ratios
Liquidity Ratios
### **Overview** Orchasp Limited is a **public limited IT services company** headquartered in **Hyderabad, Telangana, India**, listed on both the **Bombay Stock Exchange (BSE)** and the **National Stock Exchange (NSE)**. The company operates as a mid-tier digital transformation and technology solutions provider, offering **bespoke software development**, **cloud services**, **data analytics**, **AI/ML**, **IoT**, and **business process automation** across diverse industry domains. Over recent years, Orchasp has evolved from a traditional IT services provider into a **platform-driven digital solutions company**, with a strategic focus on **Industry 4.0**, **cloud-native technologies**, and **end-to-end digital transformation services**. --- ### **Core Services & Offerings** #### **1. Application Development & Automation** - Builds **secure, production-ready web applications** using modern frameworks (as of 2023–2025). - Utilizes **iterative UI/UX design processes**, converting conceptual designs into functional wireframes and final applications. - Offers **full-cycle development**, from ideation to deployment and maintenance. - Supports **automated builds, testing, and deployment**, enabling clients to scale efficiently in cloud environments. - Implements **proactive application monitoring** to detect and resolve issues before impact. #### **2. Cloud Enablement Services** - Provides **comprehensive cloud services** including strategy, architecture, migration, integration, deployment, and ongoing support. - Focuses on **cloud-native solutions** with an emphasis on **resilience, automation, optimization, and multi-cloud compatibility**. - Aligns with industry forecasts: over **95% of new workloads expected on cloud-native platforms by 2025** (Gartner). - Services are **customized** based on client industry, needs, and cloud maturity level. #### **3. Data Analytics, AI & Machine Learning** - Delivers **end-to-end AI/ML and analytics solutions**, guiding clients from **use case prioritization** to **enterprise-wide deployment**. - Empowers organizations to **operationalize data and AI initiatives** and convert investments into measurable business outcomes. - Leverages AI/ML for **predictive analytics**, **driver behavior monitoring**, and **industrial predictive maintenance systems**. #### **4. Internet of Things (IoT) & Embedded Systems** - Specializes in **full-stack IoT development** for **Industry 4.0** and **enterprise applications**. - Develops **embedded technologies for connected vehicles**, including **intuitive driver monitoring apps**. - Deploys **AI-powered predictive maintenance systems** for industrial clients. - Has developed **IoT-based smart meter regulating stations** for natural gas, featuring **remote control, leak detection, automatic shutoff, and real-time billing**. #### **5. Business Process Services (BPS) & RPA** - Combines **people, processes, and technology** to deliver **value-driven business transformation**. - Uses **Robotic Process Automation (RPA), AI, and ML** to automate repetitive tasks and improve efficiency. - Offers **on-demand IT staffing and staff augmentation**, enabling clients to scale teams flexibly and reduce fixed costs. - Provides solutions for **sales commission automation, investor communications, credit card management**, and **ERP systems** (e.g., Sugar ERP for the sugar industry). #### **6. E-Learning & Training Platforms** - Operates **Indusmasters.in**, a **centralized Learning Management System (LMS)** for corporate training. - Enables **scalable, real-time employee development** and rapid deployment of product training across dispersed teams. - Focuses on **digital upskilling** and **process streamlining** for enterprise clients. --- ### **Platform-Based Business Model (Indus Brand Ecosystem)** Since 2022, Orchasp has adopted a **platform-led strategy**, launching a suite of **nine digital platforms** under the **"Indus" brand**, serving both **B2B and B2C** markets: 1. **Indusayush / Cyber1health.com** – Electronic Health Records (EHR) platform enabling secure, centralized storage and global access to patient data (diagnostics, prescriptions, imaging, etc.). Exclusive access for patients, doctors, and insurers. Pilot achieved over **10,000 active users**. 2. **Induscargo / Bharatcargo.in** – Logistics platform for **Small and Medium Fleet Operators (SFOs/MFOs)**, supporting **Full Truck Load (FTL)** and **Partial Truck Load (PTL)** services. Aggregates shipments and optimizes route efficiency. 3. **Induskare.in** – Healthcare emergency services aggregator connecting users to emergency medical support. 4. **Induscrafts.in (formerly Indycrafts)** – E-commerce marketplace for **Indian heritage handicrafts and handlooms**, connecting artisans with domestic and global consumers. Focus on **capacity building, skill development, and marketing support**. 5. **Indusmaster** – Informal e-learning and digital skilling platform. These platforms follow a **service aggregation model**, enrolling service providers, acquiring customers via **subscription or free registration**, and monetizing through **transaction fees, subscriptions, or ads**. --- ### **Industry Domains & Client Focus** Orchasp has developed **deep domain expertise** in: - **Healthcare** (Healsoft hospital management software, EHR systems) - **Telecom** - **Engineering & Energy** (smart metering, gas regulation) - **Logistics & Transportation** - **Retail** - **Government & Public Sector** Serves **mid-sized enterprises**, **government bodies**, and **SMEs**, maintaining **long-standing client relationships** built on consistent delivery, structured processes, and robust documentation. --- ### **Geographic Presence & Market Strategy** - **Dedicated sales teams** in **India, UAE, and USA**, with coverage in major cities. - Generates a **growing share of revenue from international clients**, primarily in the **U.S.**, due to **higher profit margins**. - Growth driven by: - Expansion of **end-to-end service offerings** for existing clients - Increasing **export market focus** - Platform monetization and digital product sales **International operations** expose the company to **global economic volatility and geopolitical risks**, while domestic operations remain sensitive to **pandemic-related disruptions**. --- ### **Technology & Innovation Strategy** - **Industry 4.0 Focus**: Strategic alignment with industrial automation, smart systems, and IoT-driven transformation. - **Startup Partnerships**: Actively pursuing collaborations with startups to co-develop innovative solutions in **AI, cybersecurity, analytics, and digital platforms**. - **Investments Planned** in **platform development**, **acquisitions**, and **emerging tech R&D**. - Enhancing core offerings in **cybersecurity, analytics, IT infrastructure, and BPO**. --- ### **Operational & Governance Strengths** - Maintains a **robust Quality and Information Security Management System (QMS/ISMS)**, regularly reviewed in management meetings. - Emphasizes **structured processes, documentation, and operational efficiency**. - Offers **tailored cybersecurity solutions** with real-time alerts, reporting dashboards, and threat mitigation for complex landscapes. --- ### **Financial & Competitive Position** - **Competes with**: - Large IT firms in **application development, maintenance, and BPO** - Mid-sized and small firms in **government contracts and niche domains** - Revenue mix includes **project-based services**, **subscription-based platforms**, and **product sales**. - The **project services segment** (installation, modernization, maintenance) constituted over **35% of the IT professional services market** in 2021.