This IT Consultancy and Services based company has secured a Rs 98.09 lakh work order from the State Health Assurance Society, Government of Odisha for the printing and delivery of PVC Ayushman/AB PMJAY-GJAY Co-branded Cards.
Stock Prices Movements
With a market capitalization of Rs. 168.56 crores, today, the share of Atishay Limited had reached an intraday high of Rs. 158.85 per equity share, rising nearly around 2.49 percent from its previous day’s close price of Rs. 154.35. The stock has retreated and is currently trading at Rs. 158.2 per equity share.
What Happened
Atishay Limited has secured a Rs 98.09 lakh work order from the State Health Assurance Society, Government of Odisha for the printing and delivery of PVC Ayushman/AB PMJAY-GJAY Co-branded Cards across 10 districts of Odisha.
This contract strengthens Atishay’s relationship with government agencies, reinforcing its credibility in handling large-scale e-governance projects. It also enhances revenue visibility, following a Rs 3.02 crore contract previously awarded by the same authority.
Successfully executing this project will expand the company’s market presence and position it for future government contracts. Additionally, it highlights Atishay’s expertise in secure data management, printing, and logistics, which are critical for government-backed initiatives. This development is expected to contribute positively to the company’s growth and boost investor confidence.
Also read: Water management stock jumps 5% after promoter increases stake in the Co.
Financial Performance
Compared to the FY-24 Q3, the total revenue of the company has increased by 29.15 percent from Rs 12.18 Crs to Rs 15.73 crs. The Operating profit of the company increased by 8.14 percent to Rs 2.92 Crs from Rs 2.7 crs.
However there was a deterioration in the operating profit margins of the company from 21.43 percent to 17.98 percent. The net profit of the company grew by 11.64 percent to Rs 2.11 Crs from Rs 1.89 Crs. The net profit margin fell to 12.99 percent from 15 percent.
Profitability
The company has a PE ratio of 23.51 whereas the industry PE ratio is 44.67. The ROE of the company is 15.78 percent, the ROCE is 20.46 percent, the ROA is 13.04 percent. The company has a debt-to-equity ratio of 0.1.
About the Company
Atishay Limited, incorporated on October 16, 2014, is a Bombay Stock Exchange (BSE) listed software solutions company based in Mumbai, Maharashtra.T he company specializes in information technology services, including database management, software development, e-governance solutions, and retail fintech services.
Atishay’s offerings cater to governments, banks, and small to medium-sized enterprises (SMEs), focusing on enhancing productivity and reducing costs.
Written by – Varun nair
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