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Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹2345 Cr.
Stock P/E
105.7
P/B
13.8
Current Price
₹184.9
Book Value
₹ 13.4
Face Value
2
52W High
₹194.1
52W Low
₹ 66.3
Dividend Yield
0%

Silver Touch Tech. Overview

Business

Silver Touch Technologies Ltd. is an Indian IT services and solutions provider. The company offers a comprehensive suite of services including digital transformation, cloud computing, enterprise resource planning (ERP) solutions (like SAP), data analytics & AI, mobile application development, cybersecurity, IT consulting, and infrastructure management. Its core business model involves providing end-to-end technology solutions and services to clients. The company primarily generates revenue through project-based contracts, consulting fees, and managed service agreements, serving both government/public sector undertakings (PSUs) and private enterprises.

Revenue Mix

While specific revenue percentages by segment are not readily disclosed in general public information, Silver Touch Technologies primarily focuses on two broad client segments:

Government & Public Sector Units (PSUs): This segment is a significant focus, with the company having expertise in e-governance projects, smart city initiatives, and digital transformation for various government departments.

Enterprise Clients: Serving private sector companies across diverse industries with their digital transformation, cloud adoption, and enterprise solution needs.

The company offers a wide range of services within these segments, indicating a mix of project-based work, recurring managed services, and consulting.

Industry

Silver Touch operates within the highly competitive Indian IT - Software industry. This industry is characterized by a fragmented landscape with large global players, mid-sized firms, and numerous niche providers. Silver Touch positions itself as a comprehensive digital transformation partner, with a notable strength and established track record in government and PSU projects (e-governance, smart cities, etc.). Within this niche, it competes with other IT firms vying for public sector tenders, while in the enterprise space, it faces competition from a broader array of domestic and international IT service providers.

MOAT

Silver Touch's competitive advantages primarily stem from:

Domain Expertise in Government Projects: A proven track record and specialized understanding of the complexities, compliance requirements, and long sales cycles associated with large-scale government e-governance and digital initiatives. This builds trust and strong relationships within the public sector.

Comprehensive Service Offering: The ability to provide a wide range of IT services from consulting to implementation and managed services allows them to be a single-point solution provider for clients.

Established Client Relationships: Long-standing relationships, particularly with government bodies, which can lead to repeat business and referrals.

Growth Drivers

Key factors that can drive growth for Silver Touch over the next 3-5 years include:

Government Digitalization Push: Continued emphasis on "Digital India," smart cities, and e-governance initiatives by the Indian government will drive demand for IT services.

Enterprise Digital Transformation: Increasing adoption of cloud, AI, data analytics, and automation by private enterprises to enhance efficiency and customer experience.

Cybersecurity Demand: Growing concern over data breaches and cyber threats leading to increased spending on robust cybersecurity solutions.

Cloud Adoption: Continued migration of legacy systems to cloud environments by both public and private sector entities.

Risks

High Competition: The IT services market is intensely competitive, requiring continuous innovation and competitive pricing.

Dependency on Government Contracts: A significant reliance on government tenders can expose the company to policy changes, budget allocations, and lengthy procurement cycles.

Technological Obsolescence: Rapid advancements in technology necessitate continuous investment in skill development and new capabilities to remain relevant.

Talent Acquisition & Retention: Difficulty in attracting and retaining skilled IT professionals, particularly in emerging technologies, can impact project execution and growth.

Project Execution Risks: Large and complex IT projects carry inherent risks of delays, cost overruns, and client dissatisfaction.

Management & Ownership

Silver Touch Technologies is a promoter-led company. Key individuals associated with its founding and leadership include Mr. Vipul Jagubhai Thakkar, Mr. Minesh J. Doshi, Mr. Hiren P. Patel, and Mr. Palak H. Patel, who hold significant management positions and are part of the promoter group. The promoter holding typically constitutes a substantial portion of the company's equity, reflecting a strong owner-operator model. The management team generally possesses long-standing experience in the IT services sector.

Outlook

Silver Touch Technologies is well-positioned to capitalize on the ongoing digital transformation wave in India, particularly given its established expertise and strong relationships within the government and PSU segment. The government's continued focus on e-governance and smart city projects provides a stable demand pipeline. Concurrently, the increasing digital spending by enterprises on cloud, AI, and analytics offers additional growth avenues. However, the company operates in a highly competitive market, requiring sustained investment in technology and talent. Its ability to navigate intense competition, manage project execution effectively, and adapt to evolving technological landscapes will be crucial for its continued success. Diversification of client base and service offerings beyond its traditional strengths could further de-risk its revenue streams and accelerate growth.

Silver Touch Tech. Share Price

Live · BSE / NSE · Inception: 1995
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Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Silver Touch Tech. Quarterly Results

#(Fig in Cr.) Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 53 79 57 75 74 86 63 86 96 101
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 53 79 57 75 74 86 63 86 96 101
Total Expenditure 46 68 50 66 65 70 54 72 77 79
Operating Profit 7 11 7 9 10 15 9 14 19 22
Interest 1 0 0 1 1 1 1 2 2 1
Depreciation 1 1 2 2 2 2 2 2 2 2
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 6 9 5 6 7 12 6 10 15 18
Provision for Tax 1 3 1 2 1 3 2 2 4 5
Profit After Tax 5 6 3 4 5 9 4 7 11 13
Adjustments 0 0 -0 0 -0 0 -0 0 -0 0
Profit After Adjustments 5 6 3 4 5 9 4 7 11 13
Adjusted Earnings Per Share 0.4 0.5 0.3 0.3 0.4 0.7 0.3 0.6 0.9 1

Silver Touch Tech. Profit & Loss

#(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 117 140 123 172 211 190 152 140 164 224 288 346
Other Income 1 1 1 1 2 1 1 1 3 3 3 0
Total Income 118 141 124 173 212 191 153 141 166 227 292 346
Total Expenditure 104 128 111 155 192 177 148 128 147 199 251 282
Operating Profit 14 13 14 18 21 14 5 13 19 28 41 64
Interest 3 3 3 1 2 2 2 1 1 1 4 6
Depreciation 7 5 4 3 4 4 2 3 5 5 7 8
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 0 0 0 0
Profit Before Tax 4 5 6 14 15 8 1 9 13 22 30 49
Provision for Tax 1 2 2 5 4 3 0 2 4 5 8 13
Profit After Tax 3 3 4 8 11 5 1 6 10 16 22 35
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 3 3 4 8 11 5 1 6 10 16 22 35
Adjusted Earnings Per Share 0.2 0.3 0.4 0.7 0.8 0.4 0.1 0.5 0.8 1.3 1.8 2.8

Silver Touch Tech. Balance Sheet

#(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 36 38 42 65 76 81 82 86 95 113 134
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 7 5 3 1 1 1 0 0 4 7 7
Other Non-Current Liabilities 4 1 1 1 1 3 9 7 6 11 14
Total Current Liabilities 38 62 29 50 55 48 33 32 45 46 94
Total Liabilities 85 107 76 117 133 132 124 125 151 178 249
Fixed Assets 15 16 17 16 19 19 19 22 31 29 54
Other Non-Current Assets 9 7 6 8 9 11 12 10 15 28 25
Total Current Assets 61 83 53 93 105 102 93 93 105 121 170
Total Assets 85 107 76 117 133 132 124 125 151 178 249

Silver Touch Tech. Cash Flow

#(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 6 7 6 6 14 10 10 13 7 11 4
Cash Flow from Operating Activities -2 5 13 8 -7 0 12 8 16 3 -3
Cash Flow from Investing Activities -2 -5 -3 -2 -5 -3 -2 -7 -19 -12 -19
Cash Flow from Financing Activities 6 -2 -9 2 8 2 -6 -8 7 3 27
Net Cash Inflow / Outflow 2 -2 1 8 -4 -0 4 -7 4 -6 6
Closing Cash & Cash Equivalent 7 6 6 14 10 10 13 7 11 4 10

Silver Touch Tech. Ratios

# 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) 0.23 0.27 0.36 0.65 0.83 0.42 0.08 0.51 0.77 1.27 1.75
CEPS(Rs) 0.85 0.76 0.76 0.86 1.17 0.76 0.27 0.77 1.13 1.66 2.31
DPS(Rs) 0.03 0.03 0.03 0.05 0.05 0.05 0.05 0.1 0.05 0.05 0.05
Book NAV/Share(Rs) 2.86 3.08 3.42 4.86 5.69 6.05 6.13 6.76 7.39 8.68 10.54
Core EBITDA Margin(%) 10.72 8.84 9.98 8.66 9.14 6.94 2.71 8.33 10.33 11.12 13.01
EBIT Margin(%) 5.85 5.51 7.42 7.78 7.82 5.16 1.74 6.87 9.02 10.25 11.72
Pre Tax Margin(%) 3.48 3.27 4.85 7.06 6.97 4.09 0.71 6.29 8.17 9.6 10.38
PAT Margin (%) 2.23 2.18 3.29 4.3 5 2.77 0.65 4.61 5.93 7.16 7.7
Cash Profit Margin (%) 8.12 6.09 6.88 5.67 7.06 5.08 2.27 6.98 8.79 9.38 10.14
ROA(%) 3.21 3.19 4.43 8.53 8.43 3.97 0.77 5.17 7.04 9.77 10.41
ROE(%) 8.38 9.22 11.14 16.57 15.81 7.07 1.28 7.87 10.83 15.77 18.21
ROCE(%) 14.12 13.82 16.15 25.06 22.82 11.69 3.21 11.69 15.51 20.39 22.66
Receivable days 110.55 127.36 141.26 94.03 106.14 113.35 128.83 120.81 111.16 104.36 100.69
Inventory Days 12.7 14.36 10.74 4.44 3.51 2.1 2.41 2.03 1.45 1.05 1.24
Payable days 64.31 104.54 134.71 74.65 100.67 108.2 142.47 362.27 381.34 247 145.42
PER(x) 0 0 0 18.51 15.16 24.82 108.96 40.06 47.76 50.82 36.12
Price/Book(x) 0 0 0 2.49 2.22 1.7 1.39 3.01 4.95 7.42 6
Dividend Yield(%) 0 0 0 0.41 0.4 0.49 0.59 0.49 0.14 0.08 0.08
EV/Net Sales(x) 0.17 0.17 0.13 0.82 0.75 0.69 0.62 1.72 2.8 3.66 2.87
EV/Core EBITDA(x) 1.49 1.78 1.21 8.06 7.61 9.28 18.55 18.57 23.6 29.31 20.27
Net Sales Growth(%) 7.18 20.06 -12.35 39.8 22.62 -9.91 -19.84 -8.3 17.33 36.95 28.57
EBIT Growth(%) -34.67 13.12 17.97 63.36 10.48 -40.54 -72.9 261.49 54.01 55.65 46.92
PAT Growth(%) -57.4 17.4 32.26 103.35 28.05 -50.11 -81.2 550.33 50.98 65.37 38.18
EPS Growth(%) -57.4 17.4 32.26 80.67 27.19 -50.11 -81.2 550.3 50.98 65.37 38.19
Debt/Equity(x) 0.69 0.68 0.44 0.04 0.12 0.14 0.01 0 0.12 0.1 0.33
Current Ratio(x) 1.6 1.34 1.8 1.87 1.91 2.13 2.84 2.89 2.31 2.61 1.81
Quick Ratio(x) 1.46 1.25 1.74 1.81 1.89 2.11 2.81 2.87 2.3 2.59 1.8
Interest Cover(x) 2.47 2.45 2.89 10.74 9.26 4.85 1.69 11.68 10.64 15.6 8.73
Total Debt/Mcap(x) 0 0 0 0.02 0.05 0.08 0 0 0.02 0.01 0.05

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +29% +27% +9% +9%
Operating Profit CAGR +46% +47% +24% +11%
PAT CAGR +38% +54% +34% +22%
Share Price CAGR +137% +70% +88%
ROE Average +18% +15% +11% +11%
ROCE Average +23% +20% +15% +16%

Silver Touch Tech. Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 74.62 %
FII 1.15 %
DII (MF + Insurance) 0 %
Public (retail) 25.38 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 74.5174.3674.3674.3674.4274.5374.6174.6174.6174.62
FII 00.0300000.050.10.751.15
DII 000000000.040
Public 25.4925.6425.6425.6425.5825.4725.3925.3925.3925.38
Others 0000000000
Total 100100100100100100100100100100

Silver Touch Tech. Peer Comparison

IT - Software Edit Columns

Silver Touch Tech. Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Silver Touch Tech. Pros & Cons

Pros

  • Company has delivered good profit growth of 34% CAGR over last 5 years
  • Debtor days have improved from 247 to 145.42days.
  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend.
  • Stock is trading at 13.8 times its book value.
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