Logica Infoway logo

Logica Infoway financials and balance sheet

BSE: 543746RetailingSmall Cap

Last close ₹178.95down ₹0.55 (0.31%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹179.50.

52-week range of traded prices to 23 Oct 2026
₹139.00Low, 21 Sep 2026₹243.55High, 4 Dec 2025
Market cap
₹318 Cr2,071st largest listed
P/E
22.5
P/B
3.1
Dividend yield
Nonein the last 12 months
ROE
14.9%
Debt to equity
1.83
Volume, BSE
9,000

4 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Logica Infoway annual reports

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
Peak revenue ₹1,316 Cr, year to Mar 2026

Operating and net margin, per cent

  • Operating margin
  • Net margin

Results for the year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue1,316
  2. Materials and goods−1,238
  3. Employee costs−12
  4. Other expenses−35
  5. Operating profit31
  6. Depreciation−0.8
  7. Other income+3.8
  8. Finance costs−14
  9. Profit before tax19
  10. Tax−5.1
  11. Net profit14

What the company owns

  • Receivables₹147 Cr
  • Inventory₹135 Cr
  • Plant, investments and other assets₹40 Cr
  • Cash and bank₹36 Cr

What pays for it: net worth and liabilities

  • Borrowings₹187 Cr
  • Net worth₹102 Cr
  • Owed to suppliers₹59 Cr
  • Other liabilities₹10 Cr

Profit and loss

Standalone, ₹ crore, years to March.Logica Infoway half-yearly results

₹ croreMar 2023Filed 30 MayMar 2024Filed 10 JunMar 2025Filed 13 JunMar 2026Filed 12 May
Revenue from operations7051,0641,1121,316
6951,0471,0881,285
Materials and goods bought6701,0211,0561,238
Employee costs681012
Other expenses18182235
Operating profit before depreciation10172331
Operating margin1.4%1.6%2.1%2.3%
Materials, % of revenue95.1%96.0%95.0%94.1%
Employee costs, % of revenue0.9%0.7%0.9%0.9%
Other expenses, % of revenue2.5%1.7%2.0%2.7%
Depreciation and amortisation0001
Operating profit after depreciation10172330
Other income1334
Finance costs691214
Profit before tax5111419
1345
Net profit481114
Net margin0.5%0.8%0.9%1.1%

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2023Filed 30 MayMar 2024Filed 10 JunMar 2025Filed 13 JunMar 2026Filed 12 May
536188102
Share capital3171818
Reserves50447084
64108118187
96154176255
4221
Total assets154218265358
14252020
140193245338
Net debt63107100151
Borrowings are counted again inside the liabilities due within a year and after a year.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2023Filed 30 MayMar 2024Filed 10 JunMar 2025Filed 13 JunMar 2026Filed 12 May
−6.823.48.531.8
−9.514.80.422.9
−14.63.7−14.02.8
Receivables−23.3−12.5−33.0−33.4
Inventories0.5−37.3−6.5−35.4
Payables4.111.48.28.9
Other working capital4.242.117.362.6
Tax paid−2.80.1−2.8−3.7
Interest paid5.99.112.114.3
Capital spending0.10.61.41.5
Free cash flow−6.922.87.130.3
−0.6−11.9−11.6−15.8
7.0−11.33.0−15.0
Dividends paid0.00.00.00.0
Shares issued14.90.016.10.0
Net change in cash−0.40.2−0.10.9
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2023Filed 30 MayMar 2024Filed 10 JunMar 2025Filed 13 JunMar 2026Filed 12 May
₹3.15₹4.73₹6.12₹7.97
As stated that year₹18.88₹4.73₹6.12₹7.97
₹3.15₹4.73₹6.12₹7.97
₹31.10₹35.83₹51.22₹57.36
Shareholder yield−22.0%0.0%−4.0%0.0%
Market cap at the year end (₹ crore)68323408322
Every year is restated for later splits and bonuses, so they do not break the line. The figure the company stated that year is under each line it differs from.

Ratios

Standalone, years to March.Logica Infoway PE ratio and valuation

RatioMar 2023Filed 30 MayMar 2024Filed 10 JunMar 2025Filed 13 JunMar 2026Filed 12 May
Revenue growth–51.0%4.5%18.4%
Operating profit growth–70.0%34.1%31.9%
Net profit growth–130.5%29.8%35.0%
Earnings per share growth–50.3%29.4%30.2%
6.6%14.1%14.1%14.9%
–7.5 pts−0.1 pts0.8 pts
From the net margin–3.5 pts3.4 pts2.0 pts
From asset turnover–2.5 pts−3.4 pts−1.3 pts
From borrowing–1.5 pts−0.1 pts0.2 pts
Return on capital employed8.5%10.1%11.1%10.3%
Cash conversion−193.8%288.8%80.9%223.9%
Interest cover1.71.91.92.1
Debt to equity1.201.761.351.83
Receivable days35283741
Inventory days30333440
Payable days––1717
Cash conversion cycle, days––5463
Working capital days53495565
Asset turnover4.575.724.604.22
Assets per rupee of net worth2.903.253.243.28
Sales per rupee of plant1,476.691,184.99596.18541.85
Capital spending to depreciation0.654.046.551.76

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2026.

Return on assets, latest year
4.6%
Cash from operations against operating profit
103.9%
Measure5 years3 years
Revenue growth, yearly rate–23.1%
Profit growth, yearly rate–59.2%
Return on equity, average12.4%14.4%
Return on capital employed, average10.0%10.5%
Operating margin, average1.9%2.0%
Net margin, average0.8%0.9%
Asset turnover, average4.784.85
Cash conversion cycle, days, average–59
Interest cover, average1.92.0
Debt to equity, average1.531.65

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore3 yearsLatest year
Cash from operations63.631.8
Cash from investing−39.4−15.8
Cash from financing−23.3−15.0
Capital spending3.41.5
Dividends paid0.00.0
Shares issued for cash16.10.0
Borrowings raised0.30.0
Borrowings repaid4.00.7

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2023Mar 2024Mar 2025Mar 2026
Receivables growth less revenue growthOur threshold 0 percentage points–−32.7636.4210.97
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–14.953.5918.39
Other current assets growth less revenue growthOur threshold 5 per cent of revenue–0.31−0.470.49
Effective tax ratePublished threshold 17.16 per cent28.6426.1026.0026.43
Tax charged less tax paid, % of profitOur threshold 10 percentage points−28.4625.266.266.99
A threshold marked as ours has no published figure; it is the line we read the check against.

Credit ratings

An agency's view of the chance the company repays a borrowing on time, from AAA, the highest, down to D, in default.

DateAgencyBorrowing ratedRatingOutlookAmount, ₹ Cr
8 Oct 2026CARE Ratings Limited (opens in a new tab)Fund-based - ST-Working Capital LimitsShort-term scaleCARE A2Review, Re-affirm32
8 Oct 2026CARE Ratings Limited (opens in a new tab)Fund-based - LT-Term LoanLong-term scaleCARE BBB+Review, Re-affirmStable33.56
8 Oct 2026CARE Ratings Limited (opens in a new tab)Fund-based - LT-Cash CreditLong-term scaleCARE BBB+Review, Re-affirmStable199
The latest rating on each borrowing. The agency's name opens its reasoning for the rating.