Covance Softsol Ltd (COVANCE) — shareholding pattern, promoter holding, financials and share price
About Covance Softsol Ltd (COVANCE)
Covance Softsol Ltd operates in the Computers - Software & Consulting industry, within the Information Technology sector. It trades on the NSE as COVANCE and on the BSE under scrip code 544361. Its ISIN is INE0R8101016.
Incorporated in 2023, Covance SoftSol Ltd provides services related to software development and information technology [1]
Covance Softsol Limited is engaged in the Information and Technology sector, following a demerger from Softsol India Limited.
The company was incorporated on August 11, 2023, and became operational with the transfer of IT/ITES businesses from Softsol India Limited, as sanctioned by the NCLT order dated September 12, 2024.
Listed peers in Computers - Software & Consulting: Mindteck (India) Ltd, Innovana Thinklabs Ltd, Softtech Engineers Ltd, CSM Technologies Ltd, RNIT AI Solutions Ltd, Cybertech Systems & Software Ltd.
Valuation & Returns
10 Jul 2026At ₹244.95 a share on 10 Jul 2026, Covance Softsol Ltd (COVANCE) was valued at a price-to-earnings ratio of 15.78x against an industry P/E of 17.23x and a price-to-book of 5.95x on a book value of ₹41.19 per share as of Mar 2025. Solomo computes return on equity of 37.68% and return on capital employed of 31.83% from filed results. Earnings ratios use consolidated results for the twelve months Jun 2025 to Mar 2026.
- P/E
- 15.78x
- Industry P/E
- 17.23x
- P/B
- 5.95x
- EPS (TTM)
- ₹15.52
- Book value / share
- ₹41.19
- ROE
- 37.68%
- ROCE
- 31.83%
- ROA
- 17.54%
- Debt / equity
- 0.8x
- Dividend yield
- 0%
- EBITDA margin
- 36.1%
- 52-week range
- ₹15.71 – ₹244.95
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Covance Softsol Ltd (COVANCE) reported revenue of ₹146 crore, net profit of ₹34 crore and earnings per share of ₹15.52. That compares with revenue of ₹102 crore and net profit of ₹12 crore in Mar 2025. Figures are consolidated, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹42.69 crore and net profit ₹6.3 crore (consolidated).
| Metric | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Revenue (₹ cr) | 61 | 102 | 146 |
| Net profit (₹ cr) | 1 | 12 | 34 |
| EPS (₹) | - | 5.48 | 15.52 |
| Measure | 1Y |
|---|---|
| Sales growth | 66.26% |
| Profit growth | 869.60% |
Ownership Summary
Jun 2026As of Jun 2026, promoters hold 71.71% of Covance Softsol Ltd (COVANCE) (unchanged from the previous quarter). Market capitalisation was ₹542 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Mar 2025.
Largest disclosed public shareholders in Jun 2026: TALLURI SAMATHA 22.52%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Jun 2026 | 71.71% | - | - | - | 28.29% |
| Mar 2026 | 71.71% | - | - | - | 28.29% |
| Dec 2025 | 72.13% | - | - | - | 27.87% |
| Sep 2025 | 73.42% | - | - | - | 26.58% |
| Jun 2025 | 73.47% | - | - | - | 26.53% |
| Mar 2025 | 73.47% | - | - | - | 26.53% |