Icodex Publishing Solutions Ltd (ICODEX) — shareholding pattern, promoter holding, financials and share price
About Icodex Publishing Solutions Ltd (ICODEX)
Icodex Publishing Solutions Ltd operates in the IT Enabled Services industry, within the Information Technology sector. It trades on the NSE as ICODEX and on the BSE under scrip code 544483. Its ISIN is INE111601014.
Incorporated in 2018, Icodex Publishing Solutions Limited is engaged in the business of Software Product Development for Scholarly Publishing. [1]
Listed peers in IT Enabled Services: Palred Technologies Ltd, Synoptics Technologies Ltd, Handson Global Management (HGM) Ltd, SecureKloud Technologies Ltd, Aeonx Digital Technology Ltd, Vedavaag Systems Ltd.
Valuation & Returns
10 Jul 2026At ₹38 a share on 10 Jul 2026, Icodex Publishing Solutions Ltd (ICODEX) was valued at a price-to-earnings ratio of 8.38x against an industry P/E of 30.35x and a price-to-book of 1.06x on a book value of ₹36.01 per share. Solomo computes return on equity of 12.6% and return on capital employed of 16.77% from filed results.
- P/E
- 8.38x
- Industry P/E
- 30.35x
- P/B
- 1.06x
- EPS (TTM)
- ₹7.32
- Book value / share
- ₹36.01
- ROE
- 12.6%
- ROCE
- 16.77%
- ROA
- 10.71%
- Debt / equity
- 0.13x
- Dividend yield
- 0%
- EBITDA margin
- 43.85%
- 52-week range
- ₹29.01 – ₹81.6
Ratios are computed from filed results and the last recorded price. Not investment advice.
Financial Performance
Mar 2026In the year ended Mar 2026, Icodex Publishing Solutions Ltd (ICODEX) reported revenue of ₹25.93 crore, net profit of ₹7.09 crore and earnings per share of ₹4.53. That compares with revenue of ₹21.88 crore and net profit of ₹8.96 crore in Mar 2025. Figures are standalone, as filed with the exchanges.
In the quarter ended Mar 2026, revenue was ₹12.04 crore and net profit ₹1.59 crore (standalone).
| Metric | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Revenue (₹ cr) | 8.18 | 9.54 | 10.4 | 21.88 | 25.93 |
| Net profit (₹ cr) | 1.29 | 1.81 | 4.4 | 8.96 | 7.09 |
| EPS (₹) | 12,900 | 18,100 | 44,000 | 7.32 | 4.53 |
| Measure | 3Y | 1Y |
|---|---|---|
| Sales growth | 38.82% | 110.38% |
| Profit growth | 90.90% | 103.64% |
Ownership Summary
Mar 2026As of Mar 2026, promoters hold 64.44% of Icodex Publishing Solutions Ltd (ICODEX) and domestic institutional investors (DII) hold 0.01%. Market capitalisation was ₹59 crore on 10 Jul 2026. Shareholding is filed quarterly with BSE and NSE; Solomo carries every filing back to Sep 2025.
Largest disclosed public shareholders in Mar 2026: COMERCINATE ENTERPRISES PRIVATE LIMITED 2.88%, SURESH KUMAR AGARWAL 1.92%, PARAS CREDIT CAPITAL PRIVATE LIMITED 1.61%, PARAG BHARAT MEHTA 1.29%, HUF 1.27%, AGRISPURT BIOTECH PRIVATE LIMITED 1.03%. Only stakes above the 1% disclosure threshold are named in filings.
| Quarter | Promoter | Pledged | FII | DII | Public |
|---|---|---|---|---|---|
| Mar 2026 | 64.44% | - | - | 0.01% | 35.56% |
| Sep 2025 | 64.44% | - | 0% | 0.07% | 35.56% |