Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹337Cr
Rev Gr TTM
Revenue Growth TTM
2.34%
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | 52.8 | 43.5 | 35.3 | 28.1 | 4.4 | 4.7 | 4.8 | 7.2 | 8.8 | 0.5 | 1.4 | -1.3 |
| 46 | 49 | 49 | 49 | 49 | 50 | 50 | 50 | 54 | 53 | 54 | 54 |
Operating Profit Operating ProfitCr |
| 14.2 | 12.2 | 10.5 | 10.1 | 13.0 | 12.9 | 14.2 | 14.0 | 12.7 | 8.5 | 7.9 | 6.0 |
Other Income Other IncomeCr | 2 | 3 | 3 | 4 | 4 | 4 | 5 | 5 | 5 | 7 | 8 | 6 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 2 | 2 | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 1 | 1 | 1 |
| 8 | 7 | 7 | 8 | 10 | 10 | 12 | 12 | 12 | 11 | 11 | 8 |
| 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 | 2 | 3 | 3 | 2 |
|
Growth YoY PAT Growth YoY% | 4.9 | -3.8 | -7.1 | -1.4 | 31.7 | 38.1 | 84.3 | 64.7 | 36.0 | 11.0 | -3.1 | -27.8 |
| 9.9 | 9.6 | 8.8 | 10.1 | 12.5 | 12.7 | 15.4 | 15.4 | 15.6 | 14.0 | 14.7 | 11.3 |
| 1.9 | 1.9 | 1.7 | 1.9 | 2.3 | 2.4 | 2.9 | 2.9 | 3.1 | 2.6 | 2.8 | 2.1 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| -7.4 | 16.5 | 20.1 | -0.6 | 11.2 | 16.6 | 4.4 | 17.9 | 26.9 | 25.9 | 6.4 | 0.2 |
| 61 | 68 | 79 | 84 | 83 | 95 | 95 | 111 | 145 | 196 | 204 | 215 |
Operating Profit Operating ProfitCr |
| 1.9 | 6.5 | 10.1 | 3.7 | 14.0 | 16.1 | 19.3 | 20.2 | 17.8 | 11.5 | 13.4 | 8.8 |
Other Income Other IncomeCr | 10 | 4 | 10 | 8 | 6 | 6 | 7 | 10 | 8 | 14 | 20 | 26 |
Interest Expense Interest ExpenseCr | 1 | 1 | 1 | 2 | 1 | 1 | 0 | 0 | 1 | 1 | 1 | 1 |
Depreciation DepreciationCr | 3 | 4 | 4 | 6 | 7 | 6 | 7 | 8 | 8 | 8 | 5 | 4 |
| 7 | 5 | 13 | 4 | 12 | 18 | 23 | 30 | 31 | 32 | 46 | 43 |
| 2 | 2 | 3 | 1 | 2 | 4 | -1 | 7 | 10 | 9 | 11 | 10 |
|
| -32.5 | -54.8 | 320.8 | -67.7 | 222.8 | 29.3 | 82.2 | -5.7 | -4.5 | 4.8 | 53.6 | -5.7 |
| 8.2 | 3.2 | 11.2 | 3.6 | 10.6 | 11.7 | 20.4 | 16.4 | 12.3 | 10.3 | 14.8 | 13.9 |
| 1.9 | 0.9 | 3.6 | 1.2 | 3.7 | 4.8 | 8.7 | 8.1 | 7.6 | 7.8 | 11.2 | 10.6 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 27 | 27 | 27 | 27 | 28 | 28 | 28 | 28 | 28 | 31 | 31 | 31 |
| 33 | 33 | 46 | 46 | 56 | 67 | 87 | 110 | 132 | 187 | 217 | 162 |
Current Liabilities Current LiabilitiesCr | 23 | 30 | 34 | 35 | 45 | 29 | 24 | 20 | 35 | 43 | 51 | 127 |
Non Current Liabilities Non Current LiabilitiesCr | 2 | 4 | 4 | 4 | 4 | 6 | 4 | 4 | 3 | 6 | 7 | 8 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 34 | 43 | 49 | 49 | 63 | 70 | 90 | 110 | 146 | 222 | 259 | 283 |
Non Current Assets Non Current AssetsCr | 51 | 52 | 64 | 65 | 69 | 59 | 53 | 52 | 53 | 45 | 46 | 44 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | 2 | 2 | 14 | 12 | 22 | 20 | 23 | 26 | 26 | 37 | 38 |
Investing Cash Flow Investing Cash FlowCr | 0 | -6 | -7 | -6 | -17 | -11 | -19 | -30 | -14 | -68 | -29 |
Financing Cash Flow Financing Cash FlowCr | -3 | 1 | -3 | -4 | 3 | -19 | -1 | -2 | -4 | 36 | -7 |
|
Free Cash Flow Free Cash FlowCr | -10 | -3 | 6 | 5 | 17 | 8 | 22 | 25 | 25 | 36 | 36 |
| 40.0 | 78.6 | 141.7 | 382.9 | 215.8 | 147.9 | 96.2 | 114.5 | 121.6 | 162.9 | 108.1 |
CFO To EBITDA CFO To EBITDA% | 171.6 | 38.4 | 157.1 | 374.4 | 163.2 | 107.6 | 102.0 | 92.6 | 84.0 | 145.6 | 119.1 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 76 | 96 | 200 | 157 | 121 | 80 | 333 | 481 | 284 | 429 | 459 |
Price To Earnings Price To Earnings | 16.4 | 54.0 | 20.4 | 49.2 | 11.8 | 6.0 | 13.8 | 21.2 | 13.1 | 18.9 | 13.2 |
Price To Sales Price To Sales | 1.2 | 1.3 | 2.3 | 1.8 | 1.3 | 0.7 | 2.8 | 3.5 | 1.6 | 1.9 | 1.9 |
Price To Book Price To Book | 1.3 | 1.6 | 2.7 | 2.1 | 1.5 | 0.8 | 2.9 | 3.5 | 1.8 | 2.0 | 1.9 |
| 61.1 | 20.9 | 22.6 | 48.5 | 9.0 | 3.9 | 14.1 | 16.8 | 8.6 | 14.3 | 12.1 |
Profitability Ratios Profitability Ratios |
| 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 |
| 1.9 | 6.5 | 10.1 | 3.7 | 14.0 | 16.1 | 19.3 | 20.2 | 17.8 | 11.5 | 13.4 |
| 8.2 | 3.2 | 11.2 | 3.6 | 10.6 | 11.7 | 20.4 | 16.4 | 12.3 | 10.3 | 14.8 |
| 12.3 | 7.7 | 17.3 | 6.9 | 13.2 | 18.4 | 18.9 | 21.5 | 19.7 | 14.3 | 18.4 |
| 8.6 | 3.9 | 13.4 | 4.3 | 12.3 | 14.1 | 21.0 | 16.4 | 13.5 | 10.4 | 14.1 |
| 6.1 | 2.5 | 8.7 | 2.8 | 7.7 | 10.2 | 16.8 | 14.0 | 10.9 | 8.5 | 11.4 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
Cybertech Systems & Software Ltd (CyberTech) is a leading global provider of **enterprise cloud transformation services**, founded in 1995. Headquartered in India with a strong North American presence, the company specializes in integrating **cloud-based SAP digital solutions**, **Esri ArcGIS Enterprise platforms**, and **cloud-native geospatial SaaS offerings** under its **Spatialitics** brand. CyberTech positions itself at the intersection of **spatial analytics, cloud transformation, AI, and enterprise integration**, serving clients in **utilities, government, public safety, healthcare, manufacturing, and technology sectors**.
---
### **Core Offerings & Strategic Focus**
CyberTech’s business model centers on three core cloud offerings:
1. **Esri ArcGIS Enterprise Cloud Solutions**
- **Managed ArcGIS Cloud Services (MACS)** offered via customizable "White Glove" and "Advanced" bundles, featuring 24/7 support, hosting, assessments, and DevSecOps-driven operations.
- **Gold Partner and first global recipient of Esri’s ArcGIS Cloud Services Specialty designation**.
- Strategic partnerships with **Esri and Microsoft** enable **Azure-integrated ArcGIS solutions** for global deployment.
- Recognized for expertise in **Utility Network transformations**, **GIS Health Checks**, and secure, large-scale cloud deployments.
- Sponsor and thought leader at **Esri User Conference**, promoting "Security First ArcGIS Cloud Transformation."
2. **SAP Digitalized Solutions**
- End-to-end **SAP S/4HANA cloud migrations**, supported by **SAP Gold Partner status**, **SAP R Reseller certification**, and a strategic alliance with **SAP Migration Factory**.
- Full lifecycle support for **SAP BTP (Business Technology Platform), SAP HANA Cloud, Clean Core, and advanced analytics**.
- Delivers **zero-cost migration roadmaps** and secure cloud adoption strategies.
- Revenue driven significantly by growing demand for cloud-based SAP digital transformation.
3. **Spatialitics – Cloud-Native Geospatial SaaS Platform**
- A strategic pivot from IT services to **geospatial platform and solutions provider**, with **Spatialitics LLC** as its **U.S.-based sales and customer-facing arm**.
- Flagship product: **GeoShield Real-Time**, a **law enforcement intelligence platform** ranked in the *Leaders Quadrant* by Orbis Research in the Global Law Enforcement Software Market Reports (2021, 2022).
- **Unity Engine**: SAP-certified middleware enabling real-time, bidirectional data synchronization between **SAP, Salesforce, ServiceNow, and ArcGIS**, critical for regulated sectors like utilities and government.
- Expanding vertical-specific product suites: **Spatialitics Utilities**, **Spatialitics Health**, and **Spatialitics Public Safety**.
- Generates **long-term recurring revenue** through subscription-based models and multi-year contracts.
---
### **Geographic Presence & Operations**
- **Global Offices**:
- **USA**: Chicago, Philadelphia, Aurora, Redlands
- **India**: Mumbai, Pune, Kolkata
- **Development Centers**:
- State-of-the-art facility in **Thane, India**
- Additional support center near **Pune International Airport**
- **U.S. Subsidiaries**:
- **CyberTech Systems and Software, Inc.** – U.S. sales and delivery front
- **Spatialitics LLC** (incorporated 2018) – focused on U.S. market entry, pre-sales, sales, and product commercialization
> **Note**: Nearly **99% of operating revenue originates from the U.S. market**, underscoring strong client concentration and U.S.-centric growth strategy.
---
### **Financial Performance (Updated to FY25)**
| Metric | Value (FY25 / Sep 2025) |
|--------|--------------------------|
| **Revenue** | ₹2,561.31 million (**+8.5% YoY**) / ~$22.4 million |
| **Profit (PAT)** | $1.36 million |
| **EBITDA Margin (FY24)** | 21.6% (₹137.2 million) |
| **Net Profit Margin (FY24)** | 14.1% (₹89.4 million) |
| **Revenue CAGR (3-year)** | ~15%+ (from ₹1,845.2M in FY23 to ₹2,561.31M in FY25) |
> **Revenue Streams**:
> - **Technology Sector**: 67–74% of total revenue
> - **Recurring Revenue**: Driven by long-term MACS contracts and SaaS subscriptions (Spatialitics)
> - Strong client retention and growing customer lifetime value
---
### **Client Base & Market Penetration**
- **Active Clients (LTM as of Jun 2025)**: **80 clients**
- **Key Client Segments**:
- Government & Public Safety (e.g., multiple U.S. law enforcement agencies using **GeoShield**)
- Utilities (e.g., major water and energy providers using **Spatialitics Utilities + Unity Engine**)
- Healthcare (e.g., large U.S. health systems expanding MACS contracts)
- Manufacturing & Technology
> **Market Traction Highlights**:
> - Multiple **U.S. state and municipal law enforcement agencies** onboarded for **GeoShield Real-Time**
> - **Substantial sales pipelines** in public safety and utilities verticals
> - Participation in major industry events (e.g., **IACP, NRTCCA, Esri UC, SAP Sapphire**) generating qualified leads
---
### **Strategic Partnerships & Certifications**
CyberTech leverages alliances with global technology leaders to scale delivery and innovation:
| Partner | Collaboration Highlights |
|--------|---------------------------|
| **Esri** | Gold Partner, ArcGIS Cloud Services Specialty, Utility Network Management Specialty, joint go-to-market at Esri UC |
| **SAP** | Gold Partner, SAP R Reseller, SAP ICC-certified Unity Engine, active in SAP Migration Factory |
| **Microsoft** | Gold Partner, co-development of **Azure ArcGIS Enterprise solutions**, unlimited presales & dev access |
| **Cisco & Salesforce** | Go-to-market alliances, integration support, and channel co-selling |
> **Product Certifications**:
> - **SAP Integration and Certification Center (SAP ICC)**: Unity Engine certified for SAP S/4HANA
> - **Awards**: 2025 **Special Achievement in GIS (Esri)**
> - **Standards Compliance**: HIPAA, CJIS, FedRAMP (through DevSecOps services)
---
### **Talent & Centers of Excellence (CoE)**
- **Global Workforce**: ~550 professionals (peaked at 625 in 2023, stabilized post-optimization)
- **Centers of Excellence**:
- **World’s Largest Geospatial CoE**: **300+ geospatial SMEs**
- **SAP CoE**: **100+ SAP SMEs**
- Strategic hiring and upskilling in **Generative AI, SAP BTP, Azure ArcGIS, and DevSecOps**
- Leadership: **Mr. Ramasubramanian S.**, 30-year veteran, leads global operations, finance, and strategy
---
### **Innovation & Growth Initiatives**
- **AI & Automation**: Investing in **AI-led transformation**, **Generative AI**, and intelligent workflows across SAP and GIS platforms
- **Cloud-First Strategy**: Deploying solutions on **AWS and Microsoft Azure**, with DevSecOps-driven secure cloud operations
- **Productization Shift**: Transitioning from services-led to **product-led growth** (Spatialitics), with high-margin SaaS offerings
- **R&D Investment**: Continuous enhancement of **Unity Engine**, **GeoShield**, and sector-specific solutions (e.g., Utilities, Health)
- **Advisory Boards**:
- **Utilities Industry Advisory Board** includes Gray Minton (AECOM), Keith Aubin (Enel), Mike Armstrong (WaterOne)
- **Public Safety Board** includes Chief Eric Young (Ogden PD), Lt. Corey Solferino (Washoe County Sheriff)