Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹77Cr
Rev Gr TTM
Revenue Growth TTM
-50.97%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

SECURKLOUD
VS
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | 0.0 | -10.2 | -21.7 | -27.9 | -44.0 | -52.1 | -53.8 | -68.1 | -39.7 | -29.0 | -80.9 | -65.6 |
| 130 | 107 | 101 | 92 | 104 | 55 | 48 | 31 | 42 | 47 | 11 | 11 |
Operating Profit Operating ProfitCr |
| -21.9 | -7.6 | -7.9 | -5.0 | -74.6 | -16.8 | -11.0 | -11.8 | -16.6 | -39.5 | -31.1 | -12.2 |
Other Income Other IncomeCr | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 1 | 1 | -139 | 2 | 0 |
Interest Expense Interest ExpenseCr | 3 | 3 | 5 | 4 | 3 | 4 | 4 | 3 | 6 | 2 | 2 | 1 |
Depreciation DepreciationCr | 5 | 5 | 5 | 5 | 4 | 2 | 2 | 2 | 2 | 0 | 0 | 0 |
| -30 | -15 | -17 | -13 | -50 | -14 | -11 | -7 | -12 | -155 | -2 | -2 |
| -4 | 1 | 0 | 1 | -1 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
|
Growth YoY PAT Growth YoY% | 9.3 | 21.8 | 25.2 | 54.1 | -88.2 | 11.0 | 37.3 | 46.6 | 75.5 | -992.3 | 68.6 | 70.2 |
| -24.6 | -16.1 | -18.2 | -15.4 | -82.7 | -29.8 | -24.7 | -25.7 | -33.6 | -459.4 | -40.6 | -22.3 |
| -2.5 | -2.2 | -1.8 | -1.6 | -5.2 | -1.9 | -0.1 | -2.1 | 0.8 | -23.9 | -1.0 | -0.6 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| 183.4 | 117.8 | 94.3 | 60.7 | -0.8 | -54.6 | -8.3 | 8.2 | 20.8 | -25.8 | -50.7 | -47.8 |
| 87 | 183 | 344 | 557 | 673 | 411 | 318 | 462 | 531 | 404 | 192 | 111 |
Operating Profit Operating ProfitCr |
| 30.6 | 32.5 | 34.9 | 34.4 | 20.1 | -7.5 | 9.4 | -21.9 | -15.9 | -18.8 | -14.5 | -26.3 |
Other Income Other IncomeCr | 0 | 0 | 1 | 8 | 8 | -621 | -1 | 1 | 2 | 2 | 3 | -135 |
Interest Expense Interest ExpenseCr | 0 | 0 | 1 | 10 | 12 | 13 | 12 | 12 | 10 | 15 | 16 | 11 |
Depreciation DepreciationCr | 9 | 20 | 14 | 25 | 70 | 10 | 19 | 11 | 18 | 17 | 8 | 3 |
| 29 | 68 | 171 | 266 | 96 | -672 | 2 | -105 | -99 | -95 | -45 | -171 |
| 6 | 15 | 41 | 61 | 17 | 3 | 0 | -7 | -1 | 1 | 0 | 1 |
|
| 210.9 | 130.6 | 142.7 | 59.0 | -61.1 | -945.0 | 100.2 | -8,386.0 | -0.9 | 3.0 | 52.2 | -275.9 |
| 18.5 | 19.6 | 24.4 | 24.2 | 9.5 | -176.5 | 0.3 | -25.8 | -21.5 | -28.2 | -27.3 | -196.8 |
| 6.9 | 13.6 | 34.4 | 56.2 | 22.5 | -164.4 | 0.5 | -21.4 | -14.6 | -10.9 | -2.9 | -24.7 |
| 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 | 10 | 11 | 15 | 15 | 15 | 15 | 15 | 16 | 17 | 17 | 17 | 23 |
| 89 | 194 | 305 | 476 | 577 | 12 | 10 | 28 | 5 | -23 | 8 | -27 |
Current Liabilities Current LiabilitiesCr | 15 | 43 | 59 | 127 | 170 | 155 | 161 | 151 | 178 | 173 | 119 | 167 |
Non Current Liabilities Non Current LiabilitiesCr | 1 | 1 | 22 | 54 | 62 | 57 | 65 | 54 | 42 | 39 | 41 | 39 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 46 | 143 | 276 | 387 | 315 | 60 | 106 | 97 | 84 | 45 | 92 | 66 |
Non Current Assets Non Current AssetsCr | 106 | 171 | 234 | 432 | 683 | 183 | 161 | 215 | 204 | 151 | 143 | 54 |
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 | 26 | 19 | 72 | 125 | 184 | 86 | 5 | -68 | -64 | 5 | -49 |
Investing Cash Flow Investing Cash FlowCr | -37 | -86 | -57 | -230 | -232 | 0 | 0 | -37 | -1 | 0 | -1 |
Financing Cash Flow Financing Cash FlowCr | 21 | 81 | 45 | 34 | 23 | -21 | 20 | 73 | 53 | -9 | 100 |
|
Free Cash Flow Free Cash FlowCr | -10 | -67 | 72 | 125 | 184 | 86 | 5 | -68 | -64 | 5 | -49 |
| 113.0 | 35.5 | 55.5 | 60.9 | 230.6 | -12.8 | 447.7 | 69.5 | 64.3 | -4.7 | 106.3 |
CFO To EBITDA CFO To EBITDA% | 68.2 | 21.3 | 38.9 | 42.8 | 108.6 | -302.7 | 16.1 | 82.1 | 87.0 | -7.1 | 200.1 |
| 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 | 734 | 2,174 | 1,853 | 2,048 | 302 | 81 | 231 | 266 | 106 | 122 | 57 |
Price To Earnings Price To Earnings | 38.7 | 54.9 | 17.7 | 11.9 | 4.4 | 0.0 | 145.4 | 0.0 | 0.0 | 0.0 | 0.0 |
Price To Sales Price To Sales | 5.9 | 8.0 | 3.5 | 2.4 | 0.4 | 0.2 | 0.7 | 0.7 | 0.2 | 0.4 | 0.3 |
Price To Book Price To Book | 7.4 | 10.6 | 5.8 | 4.2 | 0.5 | 3.0 | 9.0 | 6.0 | 4.9 | -20.4 | 2.3 |
| 18.8 | 24.3 | 9.8 | 7.2 | 2.4 | -6.1 | 10.2 | -4.4 | -3.1 | -3.8 | -4.3 |
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 |
| 30.6 | 32.5 | 34.9 | 34.4 | 20.1 | -7.5 | 9.4 | -21.9 | -15.9 | -18.8 | -14.5 |
| 18.5 | 19.6 | 24.4 | 24.2 | 9.5 | -176.5 | 0.3 | -25.8 | -21.5 | -28.2 | -27.3 |
| 29.5 | 33.1 | 48.3 | 48.6 | 15.4 | -519.7 | 8.2 | -59.5 | -60.4 | -69.5 | -22.4 |
| 23.1 | 26.0 | 40.4 | 41.8 | 13.5 | -2,519.9 | 4.6 | -221.0 | -455.7 | 1,591.9 | -187.0 |
| 15.2 | 16.9 | 25.4 | 25.1 | 8.0 | -277.8 | 0.4 | -31.3 | -34.3 | -49.0 | -19.4 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
### **Overview**
SecureKloud Technologies Limited is a publicly traded global provider of cloud transformation, cybersecurity, and AI-powered digital transformation solutions. Incorporated in 1985 and listed on both the **BSE and NSE (India)**, SecureKloud specializes in serving **highly regulated industries**—particularly **Healthcare, Life Sciences, Banking & Financial Services (BFSI), Manufacturing, and Transport & Logistics**—with a focus on cloud security, compliance, data governance, and intelligent automation.
The company operates with a **platform-centric, domain-led strategy** and has established itself as a **market leader in enterprise cloud transformation**, driven by innovation in Generative AI, blockchain, and secure multi-cloud environments.
---
### **Leadership & Corporate Structure**
- **Headquarters:** Chennai, India with a U.S. headquarters in Pleasanton, CA, and additional offices in Chicago, IL; New Jersey; and Singapore.
- **Key Subsidiaries:**
- **Healthcare Triangle, Inc. (HTI / HCTI)**: A **NASDAQ-listed subsidiary** based in Pleasanton, CA, focused exclusively on **digital health transformation** in the U.S. and global markets.
- **QuantumNexis**: A **GenAI-powered SaaS subsidiary** launched in 2025 to focus on AI-driven digital mental health and hospital information systems.
- **Blockedge Technologies**: A blockchain infrastructure platform offering BaaS (Blockchain-as-a-Service) for supply chain, healthcare, and financial services.
- **Leadership Highlights**:
- **Venkatesh**: Led large-scale renewable energy projects (1,650 MW), reflecting executive capability in complex project execution.
- **Sujatha Ramesh**: Appointed Chief Operating Officer (COO) in 2025, bringing 25+ years of experience from Citigroup and Fortune 500 leadership.
- **Sanjay Dalwani**: Serves as Chief Revenue Officer, leading GTM strategy and sales transformation.
- **Shibu Kizhakevilayil**: Global Healthcare President, driving acquisitions and strategy in the U.S. healthcare IT market.
---
### **Business Model & Revenue Streams**
SecureKloud generates revenue through **three primary streams**:
1. **Advisory & Consulting Services**
2. **24x7 Managed Services** (cloud, DevOps, SOC, data, health IT)
3. **SaaS-Based Platform Offerings**
The company is strategically shifting toward **recurring revenue**, with **managed services and SaaS platforms** contributing over 34% of total revenue and providing long-term margin improvement through low incremental costs on renewals and upsells.
---
### **Core Strategic Pillars**
SecureKloud’s growth strategy is anchored in:
1. **Cloud Modernization**
2. **AI-Powered Platforms**
3. **Security-First Solutions**
These pillars guide its product development, partnerships, and client engagement across regulated sectors.
---
### **Flagship Platforms & Products**
SecureKloud has developed a suite of **proprietary, compliant, and AI-native platforms** that deliver end-to-end digital transformation:
#### **1. CloudEdge / CloudEz™**
- A **HITRUST-certified, zero-trust, multi-cloud PaaS** platform supporting **public, private, and hybrid deployments**.
- Enables enterprises to become cloud-ready in **as little as 8 hours**.
- Ensures continuous compliance with **HIPAA, HITRUST, SOC2, PCI, GDPR, and GxP**.
- Accelerates cloud adoption with **hyper-automation**, reducing setup time by 70% and costs by up to 80%.
#### **2. DataEdge / DataEz™**
- A **zero-code, API-driven, cloud-based data analytics and AI engineering platform**.
- Enables rapid deployment of data lakes and pipelines with built-in **data quality, lineage tracking, and compliance**.
- Supports real-time analytics and is fully compliant with **HIPAA, GDPR, DPDPA**.
- Available on **AWS, Azure, and Google Cloud** marketplaces.
#### **3. DocuGenie.AI™**
- An **AI-native, modular, API-first document automation platform** launched in **June 2025**.
- Uses **LLMs trained on industry-specific datasets** to extract, validate, and interpret data from unstructured, handwritten, or scanned documents.
- Serves **Healthcare, BFSI, Manufacturing, Logistics, E-commerce, Legal, and Retail**.
- Key features:
- PII classification and privacy-first automation
- Role-based access controls, immutable audit logs
- Fraud detection and anomaly flagging
- Integration with **EHR, ERP, CRM, LOS/LMS** systems
- Enables **low-code workflow design**, accelerating deployment and client ROI.
- Validated by successful POCs and poised for **global expansion**.
#### **4. readabl.ai**
- A **SaaS platform** that converts **faxes, scanned documents, and unstructured clinical text** into structured, EHR-integrated clinical data.
- Achieves **99% accuracy** in data extraction and automates routing.
- Used by **hospitals and health systems** to reduce staff burden and improve clinical decision-making.
- Commercially available on **Google Cloud Marketplace**.
- Deployed at **Monument Health** and other large health systems.
#### **5. Blockedge.io / BaaS Platform**
- A **no-code, plug-and-play Blockchain-as-a-Service (BaaS)** platform.
- Supports industries including **Healthcare, Supply Chain, BFSI, Automotive, and Government**.
- Addresses **anti-counterfeiting**, **drug traceability (DSCSA)**, secure **clinical trial data**, and **patient identity**.
- Partnered with **MOBI Consortium** to shape automotive blockchain standards.
#### **6. Neutral Zone**
- A **secure, privacy-preserving data collaboration environment** for **clinical research and drug discovery**.
- Protects **intellectual property (IP)** and **PHI (Protected Health Information)** while enabling **real-world data analysis**.
- Hosted on DataEz, compliant with **HIPAA and HITRUST**.
#### **7. CloudAuth / EzMFA**
- Identity and Access Management (IAM) and **Multi-Factor Authentication (MFA)** platforms.
- Includes **MISP™ (US Patent 8,434,129)** for federated identity management.
- Provides **compliance certification, token translation, and secure SSO** across domains.
---
### **Artificial Intelligence & Innovation**
SecureKloud has invested heavily in **Generative AI (GenAI)** and **Large Language Models (LLMs)**:
- Established a **dedicated AI/GenAI practice** to support client use cases in automation, compliance, and process efficiency.
- Leveraged LLMs to:
- Automate EHR documentation from **doctor-patient conversations**.
- Power **DocuGenie.AI™** and **readabl.ai** for intelligent document processing.
- Enable **predictive analytics and behavioral health insights** via **QuantumNexis**.
- R&D focus on **data-driven decision engineering**, **AI ethics**, and **compliant automation**.
---
### **Cloud & Cybersecurity Expertise**
- **Certifications**: HITRUST r2, HIPAA, SOC2, PCI, GDPR, GLBA, DPDPA.
- **Security Frameworks**: Zero-trust architecture, AI-powered threat detection, automated compliance monitoring.
- **Cloud Partnerships**: Strategic alliances with **AWS, Microsoft Azure, and Google Cloud Platform (GCP)** as a **Premier Partner** with all three.
- **Managed Security Services**: Includes **vCISO (Virtual CISO)** services in partnership with **Cynomi**, enabling SMEs to access enterprise-grade cybersecurity.
- Acquired **Seqrite** to strengthen its cybersecurity portfolio.
---
### **Strategic Growth & Market Expansion**
- **Geographic Expansion**:
- Strengthened presence in **APAC (Singapore hub)** and **LATAM** through partnerships with **Gibraltar Technologies (Dubai)** and **Vicron Business Solutions (Trinidad & Tobago)**.
- Targets **digitizing markets in Southeast Asia, MEA, and the Caribbean**.
- **M&A & Acquisitions**:
- Acquired **DevCool Inc. (2021)** to boost EHR and managed services in U.S. hospitals.
- Acquired **Niyama Healthcare** (mental wellness GenAI platform) and **Ezovion Solutions** (HIMS provider) under **QuantumNexis** in **2025**.
- These acquisitions added **recurring SaaS revenue** and **specialized AI talent**.
- **Customer Retention & Expansion**:
- Focus on **cross-selling and upselling** post-platform onboarding.
- **Dedicated Client Success Team** drives renewals, satisfaction, and growth.
- Over 74% of revenue comes from **Healthcare & Life Sciences** (2023), with strong wallet share expansion in **existing global pharma clients**.
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### **Operational Challenges**
- **U.S. Visa Constraints**: High H-1B rejection rates (historically up to 32%) have increased staffing costs and project execution risks.
- **Mitigation Strategy**: Shifted delivery to **Chennai-based teams**, leveraging offshore model to maintain margins and reduce costs.
- **Execution Risks**: Fixed-price contracts carry SLA risks, prompting shift toward value-based and managed outcomes.
---