IT - Software · Founded 1985 · http://hiliks.com// · BSE 539697 · · ISIN INE966Q01010
No Notes Added Yet
Business
Hiliks Technologies Ltd. operates in the IT - Software sector in India. As an Indian IT software company, its core business likely revolves around providing a range of technology services and potentially developing software products. This could include custom software development, IT consulting, digital transformation services (e.g., cloud migration, data analytics, AI/ML integration), enterprise application services, infrastructure management, and cybersecurity solutions. The business model typically involves delivering these services to clients through project-based contracts (fixed-price or time & material) or retainer agreements. Revenue is generated from service fees, software licensing, and maintenance contracts.
Revenue Mix
Without specific company data, typical segments for an IT software company in India might include:
Geographic Regions: Revenue generated from clients in specific regions like North America, Europe, Asia-Pacific, or domestic India.
Service Lines: Breakdown by offerings such as Application Development & Maintenance, Cloud Services, Data & Analytics, Consulting, Product Engineering, or Digital Experience.
Industry Verticals: Contribution from major sectors served, e.g., Banking, Financial Services & Insurance (BFSI), Healthcare, Manufacturing, Retail, Telecom.
Specific revenue contributions from these segments are unknown.
Industry
The IT - Software industry in India is highly dynamic and competitive, characterized by robust growth driven by global demand for digital services and talent. It ranges from large, established IT service giants to mid-tier and numerous niche-focused smaller players. The industry benefits from a large pool of skilled English-speaking talent and cost advantages. Without specific market share or client data, Hiliks Technologies' precise positioning against peers is unknown. It likely competes against other mid-sized or niche IT service providers, differentiating itself potentially through specialized technology expertise, vertical-specific solutions, or strong client relationships.
MOAT
Without specific details about Hiliks Technologies, any competitive advantages would be speculative. Potential moats in the IT software sector can include:
Specialized Expertise: Deep knowledge in niche technologies (e.g., AI, blockchain) or specific industry verticals.
Client Relationships & Switching Costs: Long-term, embedded client contracts where switching providers is costly and disruptive.
Talent Pool & Culture: Ability to attract, retain, and develop high-quality tech talent.
Proprietary IP/Platforms: Unique software products or frameworks that offer a distinct advantage.
Brand & Reputation: A strong track record of successful project delivery and client satisfaction.
Whether Hiliks possesses any of these durable advantages is not ascertainable from the given information.
Growth Drivers
Key factors that can drive growth for an IT software company like Hiliks Technologies over the next 3-5 years include:
Accelerated Digital Transformation: Global enterprises continuing to invest heavily in modernizing their IT infrastructure and adopting digital technologies.
Cloud Adoption: Increased migration to and optimization of public, private, and hybrid cloud environments.
Emerging Technologies: Growing demand for expertise in Artificial Intelligence (AI), Machine Learning (ML), Data Analytics, Internet of Things (IoT), and cybersecurity.
Global Outsourcing Trends: Continued reliance on offshore and nearshore IT service providers for cost efficiency and specialized skills.
Expansion into New Geographies or Verticals: Successful entry into untapped markets or industries.
Risks
Hiliks Technologies, like other companies in its sector, faces several risks:
Intense Competition & Pricing Pressure: A highly fragmented and competitive market can lead to margin compression.
Talent Acquisition & Retention: Shortage of skilled professionals and high attrition rates in the tech sector can impact project delivery and costs.
Currency Fluctuations: Exposure to foreign exchange rate volatility, especially if a significant portion of revenue is from international clients.
Technological Obsolescence: Failure to adapt to rapidly evolving technologies and client demands.
Client Concentration: Over-reliance on a few large clients, where loss of one could significantly impact revenue.
Geopolitical and Economic Volatility: Global economic slowdowns or geopolitical events can reduce client IT spending.
Cybersecurity Threats: Risk of breaches impacting company or client data, leading to reputational and financial damage.
Management & Ownership
As an Indian company, it is common for a promoter group (founding family or individuals) to hold a significant stake and play a key role in management. Without specific data, the quality of management (e.g., experience, strategic vision, execution capabilities) cannot be assessed. The ownership structure would typically involve promoters, potentially institutional investors, and public shareholders, though specific proportions are unknown.
Outlook
The outlook for Hiliks Technologies Ltd. is situated within a generally robust and growing IT - Software sector in India, driven by global digital transformation initiatives and increasing demand for specialized tech skills. The industry benefits from favorable long-term trends such as cloud adoption, AI integration, and sustained outsourcing. For Hiliks, success will depend significantly on its ability to differentiate itself, whether through niche expertise, strong client relationships, or cost-effectiveness, in a highly competitive market. Challenges include managing talent acquisition and retention, navigating pricing pressures, and adapting swiftly to technological shifts. The company's future performance will be contingent on its strategic execution, operational efficiency, and capacity to secure and expand its client base amidst these dynamic industry conditions.
Price goes above X
Price falls below X
PE goes above X
PE falls below X
| #(Fig in Cr.) | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 4 | 3 | 1 | 2 | 0 | 1 | 0 | 0 | 0 | 1 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 4 | 3 | 1 | 2 | 0 | 1 | 0 | 0 | 0 | 1 |
| Total Expenditure | 3 | 3 | 1 | 2 | 0 | 1 | 0 | 0 | -0 | 0 |
| Operating Profit | 0 | 0 | -0 | -0 | -0 | 1 | -0 | -0 | 0 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 0 | 0 | -0 | -0 | -0 | 1 | -0 | -0 | 0 | 1 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 0 | 0 | -0 | -0 | -0 | 1 | -0 | -0 | 0 | 0 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | -0 |
| Profit After Adjustments | 0 | 0 | -0 | -0 | -0 | 1 | -0 | -0 | 0 | 0 |
| Adjusted Earnings Per Share | 0.2 | 0.4 | -0.4 | -0.2 | -0.5 | 1.3 | -0.4 | -0.6 | 0.1 | 0.8 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net Sales | 0 | 0 | 0 | 1 | 2 | 5 | 10 | 10 | 4 | 1 | 7 | 1 |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Income | 0 | 0 | 0 | 1 | 2 | 5 | 10 | 10 | 4 | 1 | 7 | 1 |
| Total Expenditure | 0 | 0 | 0 | 1 | 2 | 4 | 10 | 10 | 4 | 1 | 5 | 0 |
| Operating Profit | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit After Adjustments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted Earnings Per Share | 0.1 | 0.1 | 0.1 | 0.2 | 0.3 | 0.2 | 0.4 | 0 | 0.2 | 0.1 | 0.5 | -0.1 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 600% | -11% | 7% | 0% |
| Operating Profit CAGR | 0% | 0% | 0% | 0% |
| PAT CAGR | 0% | 0% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -10% | 109% | 41% | NA% |
| ROE Average | 3% | 2% | 2% | 2% |
| ROCE Average | 5% | 3% | 3% | 3% |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Shareholder's Funds | 5 | 5 | 5 | 5 | 5 | 6 | 6 | 6 | 6 | 8 | 20 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 0 | 0 | 0 | 0 | -0 | -0 | -0 | -0 | -0 | -0 | -0 |
| Total Current Liabilities | 0 | 0 | 0 | 1 | 1 | 4 | 8 | 12 | 3 | 2 | 2 |
| Total Liabilities | 5 | 5 | 5 | 6 | 6 | 9 | 14 | 17 | 9 | 10 | 22 |
| Fixed Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
| Other Non-Current Assets | 5 | 5 | 5 | 5 | 5 | 5 | 6 | 4 | 4 | 4 | 5 |
| Total Current Assets | 0 | 0 | 0 | 1 | 2 | 4 | 8 | 13 | 4 | 5 | 16 |
| Total Assets | 5 | 5 | 5 | 6 | 6 | 9 | 14 | 17 | 9 | 10 | 22 |
| #(Fig in Cr.) | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
| Cash Flow from Operating Activities | 0 | 0 | 0 | -0 | -0 | 1 | 1 | -0 | -0 | -1 | -11 |
| Cash Flow from Investing Activities | -4 | -0 | -0 | 0 | 0 | -0 | -2 | -0 | -0 | -1 | -1 |
| Cash Flow from Financing Activities | 4 | 0 | 0 | 0 | 0 | 0 | -0 | -0 | -0 | 2 | 12 |
| Net Cash Inflow / Outflow | 0 | -0 | -0 | 0 | -0 | 1 | -0 | -0 | -0 | 0 | 0 |
| Closing Cash & Cash Equivalent | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
| # | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 0.07 | 0.09 | 0.14 | 0.23 | 0.34 | 0.18 | 0.41 | 0.01 | 0.17 | 0.09 | 0.53 |
| CEPS(Rs) | 0.07 | 0.09 | 0.14 | 0.23 | 0.37 | 0.26 | 0.55 | 0.21 | 0.33 | 0.11 | 1.41 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 9.92 | 10.01 | 10.15 | 10.38 | 10.72 | 10.91 | 11.32 | 11.31 | 11.47 | 12.87 | 23.19 |
| Core EBITDA Margin(%) | 0 | 8.25 | 0 | -13.06 | 2.9 | 1.91 | 3.38 | 1.84 | 6.08 | 9.63 | 21.73 |
| EBIT Margin(%) | 0 | 23.88 | 0 | 30.13 | 12.96 | 3.53 | 2.78 | 0.82 | 4.1 | 11.43 | 10.49 |
| Pre Tax Margin(%) | 0 | 23.34 | 0 | 29.92 | 12.48 | 3.38 | 2.55 | 0.71 | 3.02 | 10.45 | 9.13 |
| PAT Margin (%) | 0 | 13 | 0 | 21.68 | 8.58 | 2.03 | 2.07 | 0.03 | 2.23 | 5.3 | 6.64 |
| Cash Profit Margin (%) | 0 | 13 | 0 | 21.68 | 9.4 | 2.95 | 2.79 | 1.05 | 4.44 | 6.93 | 17.88 |
| ROA(%) | 1.18 | 0.92 | 1.41 | 2.14 | 2.84 | 1.17 | 1.8 | 0.02 | 0.65 | 0.58 | 2.93 |
| ROE(%) | 1.18 | 0.92 | 1.41 | 2.25 | 3.23 | 1.69 | 3.69 | 0.06 | 1.45 | 0.78 | 3.29 |
| ROCE(%) | 1.2 | 1.69 | 1.93 | 3.13 | 4.88 | 2.91 | 4.87 | 1.46 | 2.64 | 1.67 | 5.19 |
| Receivable days | 0 | 0 | 0 | 423.4 | 196.04 | 202.84 | 187.34 | 336.75 | 765.93 | 1404.22 | 438.68 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable days | 0 | 0 | 0 | 0 | 0 | 0 | -4770.69 | -7420.39 | 6113.96 | -398.32 | -97.55 |
| PER(x) | 0 | 0 | 87.37 | 19.49 | 0 | 0 | 17.93 | 1441.79 | 40.06 | 308.44 | 116.37 |
| Price/Book(x) | 0 | 0 | 1.23 | 0.43 | 0 | 0 | 0.65 | 0.85 | 0.58 | 2.1 | 2.64 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0 | 14.15 | 0 | 4.04 | 2.5 | 0.97 | 0.34 | 0.47 | 0.88 | 16.17 | 7.65 |
| EV/Core EBITDA(x) | 138.63 | 59.26 | 63.77 | 13.4 | 18.13 | 21.85 | 9.68 | 25.41 | 13.96 | 123.75 | 35.2 |
| Net Sales Growth(%) | 0 | 0 | -100 | 0 | 273.19 | 126.13 | 120.82 | 2.67 | -63.61 | -73.64 | 602.83 |
| EBIT Growth(%) | 956.37 | 140.21 | 16.1 | 64.58 | 60.52 | -38.34 | 73.5 | -69.59 | 81.32 | -26.44 | 544.76 |
| PAT Growth(%) | 978.94 | 32.19 | 55.96 | 62 | 47.7 | -46.51 | 124.76 | -98.37 | 2364.71 | -37.23 | 780.99 |
| EPS Growth(%) | 108.13 | 32.27 | 55.91 | 62.04 | 47.73 | -46.53 | 124.78 | -98.37 | 2362.69 | -46.85 | 499.09 |
| Debt/Equity(x) | 0 | 0 | 0 | 0 | 0 | 0.02 | 0.02 | 0.01 | 0.01 | 0 | 0 |
| Current Ratio(x) | 24.89 | 0 | 0 | 1.46 | 1.81 | 1.2 | 0.97 | 1.11 | 1.51 | 2.4 | 10.55 |
| Quick Ratio(x) | 24.89 | 0 | 0 | 1.46 | 1.81 | 1.2 | 0.97 | 1.11 | 1.51 | 2.4 | 10.55 |
| Interest Cover(x) | 90.17 | 43.83 | 134.7 | 147.68 | 27.04 | 22.57 | 12.27 | 7.09 | 3.8 | 11.58 | 7.74 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 | 0.02 | 0.01 | 0 | 0 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 8.33 | 8.33 | 8.33 | 8.33 | 6.41 | 5.87 | 5.67 | 5.26 | 4.65 | 4.65 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 91.67 | 91.67 | 91.67 | 91.67 | 93.59 | 94.13 | 94.33 | 94.74 | 95.35 | 95.35 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.55 | 0.55 | 0.55 | 0.55 | 0.73 | 0.8 | 0.83 | 0.9 | 1.03 | 1.03 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.6 | 0.6 | 0.6 | 0.6 | 0.78 | 0.85 | 0.88 | 0.95 | 1.08 | 1.08 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | +600% | -11% | +7% | — |
| Operating Profit CAGR | — | — | — | — |
| PAT CAGR | — | — | — | — |
| Share Price CAGR | -10% | +109% | +41% | — |
| ROE Average | +3% | +2% | +2% | +2% |
| ROCE Average | +5% | +3% | +3% | +3% |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 8.33 | 8.33 | 8.33 | 8.33 | 6.41 | 5.87 | 5.67 | 5.26 | 4.65 | 4.65 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 91.67 | 91.67 | 91.67 | 91.67 | 93.59 | 94.13 | 94.33 | 94.74 | 95.35 | 95.35 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 | 100 |
| # | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|
| Promoter | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 | 0.05 |
| FII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Public | 0.55 | 0.55 | 0.55 | 0.55 | 0.73 | 0.8 | 0.83 | 0.9 | 1.03 | 1.03 |
| Others | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 0.6 | 0.6 | 0.6 | 0.6 | 0.78 | 0.85 | 0.88 | 0.95 | 1.08 | 1.08 |
* The pros and cons are machine generated.
Our experts help you choose the right stocks based on performance, risk, and growth potential.
Looking to buy unlisted shares or need guidance on the investment process? Our expert Private Equity Advisors are here to assist you with accurate information, real-time pricing, and seamless execution.
Want to sell unlisted shares, liquidate your ESOPs, or understand the step-by-step process of liquidation? Connect with our Buying Team for smooth coordination, quick evaluations, and end-to-end support.
Planning to build or grow your portfolio? For Mutual Fund investments, PMS solutions, tailored portfolio creation, and overall wealth management, our dedicated Wealth Team is ready to guide you.