String Metaverse Ltd (BIOGRPAPER) — shareholding pattern, promoter holding, financials and share price
About String Metaverse Ltd (BIOGRPAPER)
String Metaverse Ltd operates in the IT Enabled Services industry, within the Information Technology sector. It trades on the NSE as BIOGRPAPER and on the BSE under scrip code 534535. Its ISIN is INE958L01034.
Incorporated in 1994, String Metaverse Ltd provides software development services related to gaming industry. [1]
String Metaverse Limited transitioned from a kraft paper producer to a Web3-focused technology enterprise, illustrating a major strategic pivot. This shift aligns with trends in digital infrastructure, blockchain, FinTech, and gaming ecosystems.
The company achieved ₹278.79 Cr in revenue for Q3 FY26, showing an impressive growth of 139.84% QoQ, largely driven by scale in Web3 gaming, compute infrastructure, and digital advisory.
Listed peers in IT Enabled Services: Excelsoft Technologies Ltd, Veefin Solutions Ltd, Kellton Tech Solutions Ltd, Sahana Systems Ltd, Unified Data- Tech Solutions Ltd, Vinsys IT Services India Ltd.
Valuation & Returns
10 Jul 2026At ₹6.65 a share on 10 Jul 2026, String Metaverse Ltd (BIOGRPAPER) was valued at a price-to-earnings ratio of 7.91x against an industry P/E of 30.35x and a price-to-book of 5.04x on a book value of ₹1.32 per share as of Mar 2025. Solomo computes return on equity of 63.65% and return on capital employed of 64.36% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 7.91x
- Industry P/E
- 30.35x
- P/B
- 5.04x
- EPS (TTM)
- ₹0.84
- Book value / share
- ₹1.32
- ROE
- 63.65%
- ROCE
- 64.36%
- ROA
- 62.73%
- Debt / equity
- 0x
- Dividend yield
- 0%
- EBITDA margin
- 11.4%
- 52-week range
- ₹5.89 – ₹26.54
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, String Metaverse Ltd (BIOGRPAPER) reported revenue of ₹1,069 crore, net profit of ₹103 crore and earnings per share of ₹0.72. That compares with revenue of ₹407 crore and net profit of ₹35 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹359 crore and net profit ₹35 crore (consolidated).
| Metric | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 0 | 0 | 151 | 407 | 1,069 |
| Net profit (₹ cr) | -3 | -1 | 11 | 35 | 103 |
| EPS (₹) | -0.05 | -0.02 | 0.19 | 0.15 | 0.72 |
| Measure | 10Y | 5Y | 1Y |
|---|---|---|---|
| Sales growth | 18.15% | 57.79% | 169.40% |
| Profit growth | 42.82% | - | 225.79% |
| Stock price CAGR | 44% | 108% | -72% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 74.95% of String Metaverse Ltd (BIOGRPAPER) (down 6.84 pp QoQ), foreign institutional investors (FII) hold 0%. Market capitalisation was ₹811 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Jun 2012.
Largest disclosed public shareholders in Jun 2026: Vinay Rajendrakumar Nagda 1.26%, HUF 1.23%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 74.95% | - | 0% | - | 25.05% |
| Mar 2026 | 81.79% | - | 0% | - | 18.21% |
| Dec 2025 | 81.79% | - | 0% | - | 18.21% |
| Sep 2025 | 81.79% | - | 0% | 0.02% | 18.21% |
| Jun 2025 | 81.79% | - | 0% | - | 18.21% |
| Mar 2025 | 89.03% | - | - | - | 10.97% |
| Dec 2024 | 89.03% | - | - | - | 10.97% |
| Sep 2024 | 88.99% | - | - | - | 11.01% |