Sahana System Limited, incorporated in 2012, is a comprehensive IT services company engaged in digital marketing, software development, and computer hardware trading. The company is CMMI Level-5, ISO 9001, and ISO/IEC 27001 certified, providing robust software solutions to diverse industries across India and internationally.
The company's journey began as a partnership firm named "M/s. Oceans Technologies" in March 2013, later renamed to "M/s Sahana System" in April 2019, and incorporated as a private company in February 2020. It finally converted to a public company in March 2022. Sahana System Limited is listed and trades on the NSE stock exchange with the symbol "SAHANA" and ISIN code INE0LEX01011.
Sahana System Limited operates as an India-based information technology company with extensive expertise in artificial intelligence (AI) development, machine learning (ML) applications, web and mobile app development, application migration, and tender management. The company offers comprehensive services including:
- Web and Mobile Application Development
- AI and ML Solutions
- ChatBot Development
- Product Prototyping
- Graphics Designing, UI/UX Design
- SEO and ASO Services, Digital Marketing
- Website and Application Migration
- Cyber Security Services
- IT Outsourcing
Additionally, the company trades in hardware instruments related to franking machines, computers, LED systems, and laptops.
The company provides IT consulting and software development services, specializing in custom enterprise solutions, mobile apps, and cloud computing, serving industries like healthcare, finance, and retail while delivering innovative technology solutions to clients globally.
Sahana System Limited has shown robust financial growth. The company reported revenues of ₹693 million in FY24, a significant growth of 187.0% compared to ₹241 million in FY23. Over the past 5 years, revenue has grown at a CAGR of 82.3%, from ₹63 million in FY20 to ₹693 million in FY24.
The net profit stood at ₹182 million in FY24, up 193.4% compared to ₹62 million in FY23. This compares to a net profit of ₹14 million in FY22 and ₹2 million in FY21. Over the past 5 years, net profit has grown at a CAGR of 312.3%. Operating profit margins witnessed a decline from 40.1% in FY23 to 33.7% in FY24, while net profit margins grew from 25.7% in FY23 to 26.4% in FY24.
The company is almost debt-free, which strengthens its financial position and enables it to report stable earnings growth across business cycles.
- Market Capitalization: ₹1,160 crores (as of recent data); ₹1,413.21 crores (May 20, 2025)
- Revenue FY24: ₹693 million (+187.0% YoY)
- Net Profit FY24: ₹182 million (+193.4% YoY)
- Operating Revenue (TTM): ₹260.66 crores
- Pre-tax Margin (TTM): 33%
- ROE (TTM): 22% / 30.5%
- P/E Ratio: 32.7 / 56.9 (at current price levels)
- Book Value: ₹199
- Dividend Yield: 0.08%
- ROCE: 42.6%
- EPS (TTM): ₹22.8
- 52-Week High: ₹2,135.00
- 52-Week Low: ₹990.85
- Promoter Holding: 57.2%
The promoter holding stands at 57.2%. However, it has seen a decrease of 0.85% over the last quarter and 3.90% over the last 6 months.
The company is debt-free, possessing a strong balance sheet that supports stable earnings growth. Its cash flow from operating activities during FY24 stood at ₹343 million, a significant improvement of 3,594.1% on a year-on-year basis. Overall, net cash flows for the company during FY24 stood at ₹259 million compared to ₹-20 million in FY23.
Despite strong financial performance, the company faces challenges with high debtors of 193 days and working capital days that have increased from 161 days to 226 days.
- June 21, 2025: Sahana System was invited by the Royal Thai Government for discussions on a financial ecosystem enhancement proposal.
- June 19, 2025: The company held a Board Meeting regarding dividend matters.
With its strong financial performance, debt-free status, CMMI Level-5 certification, and diversified service offerings, Sahana System Limited represents a notable and growing player in the Indian IT services market, well-positioned within India's expanding technology ecosystem.
