Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹465Cr
Rev Gr TTM
Revenue Growth TTM
34.95%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

SATTRIX
VS
| Quarter | Mar 2024 | Mar 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | | | -11.7 | 47.3 | 26.4 |
| 23 | 15 | 21 | 17 | 25 |
Operating Profit Operating ProfitCr |
| 7.4 | 4.3 | 5.8 | 25.0 | 12.1 |
Other Income Other IncomeCr | 0 | 1 | 0 | 0 | 1 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 0 | 0 | 1 | 0 | 1 |
| 2 | 1 | 1 | 6 | 4 |
| 1 | 0 | 0 | 2 | 1 |
|
Growth YoY PAT Growth YoY% | | | -57.0 | 319.5 | 402.5 |
| 3.7 | 5.7 | 1.8 | 16.3 | 7.2 |
| 0.0 | 0.0 | 0.7 | 5.4 | 3.0 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | 8.6 | 53.0 | 15.0 | 10.6 | 13.2 |
| 18 | 20 | 30 | 38 | 38 | 42 |
Operating Profit Operating ProfitCr |
| 15.6 | 11.6 | 14.0 | 6.2 | 15.4 | 17.8 |
Other Income Other IncomeCr | 0 | 1 | 1 | 1 | 0 | 1 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 0 | 0 | 0 | 0 | 1 | 1 |
| 3 | 3 | 5 | 3 | 6 | 10 |
| 1 | 1 | 1 | 1 | 2 | 3 |
|
| | 10.5 | 76.1 | -52.2 | 124.4 | 39.9 |
| 9.2 | 9.3 | 10.8 | 4.5 | 9.1 | 11.2 |
| 0.0 | 0.0 | 7.5 | 3.6 | 6.3 | 8.3 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Equity Capital Equity CapitalCr | 0 | 0 | 0 | 5 | 7 |
| 6 | 8 | 12 | 9 | 30 |
Current Liabilities Current LiabilitiesCr | 4 | 7 | 15 | 10 | 17 |
Non Current Liabilities Non Current LiabilitiesCr | 0 | 0 | 0 | 0 | 0 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 7 | 12 | 23 | 16 | 38 |
Non Current Assets Non Current AssetsCr | 3 | 3 | 4 | 8 | 16 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 2 | -1 | 4 | 11 | -7 |
Investing Cash Flow Investing Cash FlowCr | -1 | 0 | -1 | -4 | -8 |
Financing Cash Flow Financing Cash FlowCr | -2 | 2 | -1 | -2 | 20 |
|
Free Cash Flow Free Cash FlowCr | 2 | -2 | 2 | 7 | -15 |
| 118.4 | -68.3 | 94.1 | 624.5 | -184.4 |
CFO To EBITDA CFO To EBITDA% | 69.8 | -55.1 | 72.1 | 449.3 | -108.2 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 0 | 0 | 0 | 0 | 72 |
Price To Earnings Price To Earnings | 0.0 | 0.0 | 0.0 | 0.0 | 17.8 |
Price To Sales Price To Sales | 0.0 | 0.0 | 0.0 | 0.0 | 1.6 |
Price To Book Price To Book | 0.0 | 0.0 | 0.0 | 0.0 | 2.0 |
| -0.1 | 0.6 | 0.1 | -2.6 | 9.0 |
Profitability Ratios Profitability Ratios |
| 65.5 | 69.0 | 47.7 | 37.5 | 37.4 |
| 15.6 | 11.6 | 14.0 | 6.2 | 15.4 |
| 9.2 | 9.3 | 10.8 | 4.5 | 9.1 |
| 50.1 | 28.5 | 40.7 | 22.6 | 16.1 |
| 34.8 | 27.6 | 32.0 | 13.3 | 11.1 |
| 20.4 | 14.8 | 14.0 | 7.5 | 7.5 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
Sattrix Information Security Limited is an Indian-listed global cybersecurity powerhouse specializing in a "service-first" model. The company provides end-to-end digital resilience through a practitioner-led approach, protecting enterprise assets across cloud and on-premise architectures. With a robust presence in **India, the USA, UAE, and Malaysia**, Sattrix has evolved from a service provider into an integrated technology firm following the strategic acquisition of its R&D wing and the launch of proprietary AI-driven platforms.
---
### Core Service Pillars & Operational Infrastructure
Sattrix operates a comprehensive security ecosystem designed to ensure business continuity and regulatory compliance. Its operations are governed by international standards including **SOC-CMM, SOC2, and ISO/IEC 27001:2022**.
* **Managed Security Services (MSS):** Proactive 24/7 threat detection and incident response delivered via a state-of-the-art **Security Operations Center (SOC)**. Services include Managed SOC, NOC monitoring, and Managed EDR.
* **Professional Services:** High-level technical implementation and lifecycle support (backups/upgrades) for global OEMs. Sattrix is a recognized partner for **Splunk, Palo Alto Networks, Tenable, Checkpoint, and Akamai**.
* **Assessments & Advisory:** Specialized consulting including **Vulnerability Assessment and Penetration Testing (VAPT)**, Red Teaming, Anti-Phishing simulations, and secure code reviews aligned with **NIST** and **CIS Benchmarks**.
* **IT Infrastructure Management:** Hybrid IT services and Technical Assistance Center (TAC) support, focusing on configuration reviews and system migrations.
**Operational Scale at a Glance:**
| Metric | Capacity / Scale |
| :--- | :--- |
| **Global Footprint** | **12+ Countries** (Offices in India, USA, UAE, Malaysia) |
| **Client Base** | **350+ Customers** (BFSI, Pharma, Telecom, and Big 4) |
| **SOC Facility** | **10,000 sq. ft.** with **40-seat** capacity per shift |
| **Monitoring Volume** | **0.58 crore** Events Per Second (EPS) |
| **Domain Expertise** | **2.1 crore+** cumulative hours |
| **Workforce** | **180+** personnel (**63** new hires in FY 2024-25) |
---
### Proprietary Technology: The NewEvol Platform
A pivotal shift in the company’s value proposition is the launch of **NewEvol** in **March 2026**. Developed by the subsidiary Sattrix Software Solutions, this platform transitions the company from a service-only model to an Intellectual Property (IP) owner.
* **Integrated Architecture:** Combines **SIEM** (Security Information and Event Management), **SOAR** (Security Orchestration, Automation, and Response), **UEBA** (User and Entity Behavior Analytics), and a **Data Lake**.
* **AI/ML Integration:** Utilizes **Predictive AI** for proactive threat hunting and automated response to reduce **Mean Time to Respond (MTTR)**.
* **Economic Advantage:** Designed to lower the **Total Cost of Ownership (TCO)** for enterprises by eliminating the need for multiple third-party licenses.
---
### Strategic Inorganic Growth & Global Expansion
Sattrix is aggressively expanding its global market share through acquisitions and international joint ventures.
* **The SSSPL Acquisition (Feb 2026):** Completed a **100%** acquisition of **Sattrix Software Solutions Private Limited** via a share swap valued at **₹157.83 crore**. This brought all proprietary R&D and the NewEvol platform in-house, creating a "Security by Design" model.
* **South East Asia (Malaysia):** Operates **Sattrix Information Security SDN BHD** (51% owned JV). In **August 2025**, it secured **NACSA** certification, allowing the company to bid for Malaysian government and critical infrastructure projects.
* **North America:** Established **World Tech Nexus LLC** in California (**Sept 2025**) to penetrate the US market, recently securing a **$384,000** healthcare contract.
* **European Union:** Signed an MoU with **Strolling Digital (Spain)** in **June 2025** to target the **€833 billion** EU cybersecurity market.
* **Strategic Alliances:** Became an official **CrowdStrike Reseller Partner** in India (**Jan 2026**) and maintains a Master Service Agreement with **Hitachi Systems Security**.
---
### Financial Performance & Capital Structure
The company has demonstrated explosive growth in profitability and successfully utilized the capital markets to fund its expansion.
**Annual Financial Summary (FY24 vs FY25):**
| Metric (₹ in Lakhs) | FY24 | FY25 | YOY Growth |
| :--- | :--- | :--- | :--- |
| **Revenue from Operations** | **4,037** | **4,463** | **11%** |
| **EBITDA** | **347** | **733** | **111%** |
| **Profit After Tax (PAT)** | **180** | **405** | **124%** |
**Capital Management:**
* **IPO Success:** Listed on the **BSE SME Exchange** on **June 12, 2024**, raising **₹21.78 crore** at **₹121** per share.
* **Share Swap Allotment:** Issued **45,48,379** shares at **₹347** per share in **2026** to acquire SSSPL, significantly increasing the company's valuation and asset base.
* **Authorized Capital:** Increased from **₹7.5 crore** to **₹30 crore** to support ongoing scaling.
* **Promoter Stability:** Major holdings remain with **Ronak Gajjar (58.82%)** and **Sachhin Gajjaer (14.71%)**.
---
### Future Roadmap: Automation & Compliance
Sattrix is pivoting its R&D to address the growing burden of global regulatory requirements.
* **AI Compliance Tool:** The company is developing an **AI/ML-powered cyber compliance tool** targeted for completion by **2027-2028**. This tool aims to automate reporting for global standards, streamlining the audit process for enterprises.
* **Outsourced Development Strategy:** In **January 2025**, shareholders approved a shift to outsource specific development tasks to circumvent local talent acquisition delays and accelerate time-to-market for new software features.
* **Sector Diversification:** While strong in **BFSI** (with clients like **SBI Cards** and **State Bank of India**), recent wins of **₹1.33 crore** from **Cadila** and **Torrent Pharmaceuticals** signal a deepening footprint in the life sciences sector.
---
### Risk Profile & Mitigation
Investors should note the following risks inherent to the company’s specialized operations:
* **Human Capital Attrition:** The cybersecurity industry faces high turnover. Sattrix mitigates this through continuous upskilling and a "service-first" culture, though the loss of senior engineers remains a risk to project timelines.
* **Currency Volatility:** With significant revenue in **USD, Euro, and AED**, the company is exposed to exchange rate fluctuations. It employs an **active foreign exchange hedging policy** to manage this exposure.
* **Data Liability:** As a custodian of sensitive data, any breach could lead to contract termination and legal liabilities. The company relies on its own **NewEvol** platform and strict **ISO** protocols to secure its internal and client environments.
* **Market Funding:** The SMB segment, a key target for MSS, often faces capital constraints which can lead to delayed cybersecurity budget allocations.