Covance Softsol

Q: How strong is Covance Softsol balance sheet?

Balance sheet of Covance Softsol is strong.It shouldn't have solvency or liquidity issues.

Q: Is the debt of Covance Softsol increasing or decreasing?

The net debt of Covance Softsol is decreasing.Latest net debt of Covance Softsol is -₹9.56 Crs as of Mar-26.This is less than Mar-25 when it was ₹64.36 Crs.

COVANCE

Price

-- --

Micro Cap

₹562 Cr.

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Covance Softsol Ltd is a public IT/ITeS company in India, demerged from SoftSol India, offering software development, technology consulting, and digital solutions, with active operations and manageme… More

Covance Softsol Ltd is a public IT/ITeS company in India, demerged from SoftSol India, offering sof… More

Low

16.98

52W Range

High

270

16.36

Sector PE

23.77

P/B

3.33

Div.Yield

ROE

13.28%

EBIDTA

13.18

ROCE

13.22

EPS

2.85

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COVANCE
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COVANCE
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Covance Softsol Approves Rights Issue Up To 75 Million Rupees

Aug 14, 2025

Events:

Quarterly Results

Announcement Date

May 30, 2026

Quarterly Results

Announcement Date

Feb 14, 2026

Quarterly Results

Announcement Date

Oct 25, 2025

Rights

1 rights eligible for every 2 shares held.

Ex Date

Aug 29, 2025

Quarterly Results

Announcement Date

Aug 14, 2025

Annual Report

Announcement Date

Jul 03, 2025

Quarterly Results

Announcement Date

May 28, 2025

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What does Covance Softsol do?

Who are the competitors of Covance Softsol?

Covance Softsol major competitors are Exato Technologies, Vakrangee, IRIS RegTech Solns., CSM Technologies, Sigma Solve, Virtual Galaxy Info., Matrimony.Com. Market Cap of Covance Softsol is ₹568 Crs. While the median market cap of its peers are ₹517 Crs.

Is Covance Softsol financially stable compared to its competitors?

Covance Softsol seems to be less financially stable compared to its competitors. Altman Z score of Covance Softsol is 5.47 and is ranked 6 out of its 8 competitors.

Does Covance Softsol pay decent dividends?

The company seems to be paying a very low dividend. Investors need to see where the company is allocating its profits. Covance Softsol latest dividend payout ratio is 0% and 3yr average dividend payout ratio is 0%

How has Covance Softsol allocated its funds?

Companies resources are allocated to majorly unproductive assets like Cash & Short Term Investments

How strong is Covance Softsol balance sheet?

Balance sheet of Covance Softsol is strong. It shouldn't have solvency or liquidity issues.

Is the profitablity of Covance Softsol improving?

Yes, profit is increasing. The profit of Covance Softsol is ₹34.38 Crs for TTM, ₹12.12 Crs for Mar 2025 and ₹1.25 Crs for Mar 2024.

Is the debt of Covance Softsol increasing or decreasing?

The net debt of Covance Softsol is decreasing. Latest net debt of Covance Softsol is -₹9.56 Crs as of Mar-26. This is less than Mar-25 when it was ₹64.36 Crs.

Is Covance Softsol stock expensive?

Yes, Covance Softsol is expensive. Latest PE of Covance Softsol is 16.52, while 3 year average PE is 11.2. Also latest EV/EBITDA of Covance Softsol is 13.33 while 3yr average is 11.98.

Has the share price of Covance Softsol grown faster than its competition?

Covance Softsol has given better returns compared to its competitors. Covance Softsol has grown at ~1134.78% over the last 1yrs while peers have grown at a median rate of -12.68%

Is the promoter bullish about Covance Softsol?

Promoters stake in the company seems stable, and we need to go through filings and allocation of resources to gauge promoter bullishness. Latest quarter promoter holding in Covance Softsol is 71.71% and last quarter promoter holding is 71.71%.

Are mutual funds buying/selling Covance Softsol?

There is Insufficient data to gauge this.

Covance Softsol

Share Price

Financials

Summary

Profit & Loss

Balance sheet

Cashflow

Revenue mix

Product wise

Location wise

Shareholdings

Peers

Forensics

Recent events

News

Corporate Actions

More Micro Cap Ideas

Promoter Buying

Capex

Superstar Investor

Popular questions

What does Covance Softsol do?

Who are the competitors of Covance Softsol?

Is Covance Softsol financially stable compared to its competitors?

Does Covance Softsol pay decent dividends?

How has Covance Softsol allocated its funds?

How strong is Covance Softsol balance sheet?

Is the profitablity of Covance Softsol improving?

Is the debt of Covance Softsol increasing or decreasing?

Is Covance Softsol stock expensive?

Has the share price of Covance Softsol grown faster than its competition?

Is the promoter bullish about Covance Softsol?

Are mutual funds buying/selling Covance Softsol?