One of the microcap stocks engaged in the development of information security products and solutions, focusing primarily on public key infrastructure (PKI) and digital security services. The stock has jumped 7.75 percent after reporting a 420 percent QOQ increase in net profit.
Stock Price Movement:
In Monday’s trading session, Odyssey Technologies Limited’s share jumped to an intraday high of 7.75 percent from the previous close of Rs. 103.48. The stock opened at Rs. 111.50 and is currently trading at Rs. 107.43 with a high of Rs. 111.50 and a low of Rs. 105. The market capitalization now stands at approximately Rs. 170.46 crore.
Q3 FY25 Result Walkthrough:
Coming into the quarterly results of Odyssey Technologies Limited, the company’s consolidated revenue from operations increased by 15.26 percent YOY, from Rs. 6.29 crore in Q3 FY24 to Rs. 7.25 crore in Q3 FY25, and grew by 22.47 percent QoQ from Rs. 5.68 crore in Q2 FY25.
Further, the company’s EBIDT has increased by 32.17 percent, from Rs. 1.15 crore in Q3 FY24 to Rs. 1.52 crore in Q3 FY25.
In Q3 FY25, Odyssey Technologies Limited’s consolidated net profit increased by 51.16 percent YOY, reaching Rs. 1.30 crore compared to Rs. 0.86 crore during the same period last year. As compared to Q2 FY25, the net profit has increased by 420 percent, from Rs. 0.25 crore.
The basic earnings per share increased by 51.85 percent and stood at Rs 0.54 as against Rs 0.82 recorded in the same quarter in the previous year 2024.
Product and service offering:
The company offers PKI and digital security solutions, including digital signature services, e-signing, PKI implementation, mobile authentication, data security products, and niche industry-specific solutions. Their PKI framework streamlines the adoption of public key technologies, while their consulting services assist organizations in implementing customized security solutions.
Business Operation:
Odyssey Technologies Limited is recognized as a market leader in the field of Public Key Infrastructure (PKI) technology and e-security solutions, particularly within the Asia-Pacific region. The company specializes in developing advanced information security products and services that cater to various sectors, including banking, finance, and e-government.
Written By – Nikhil Naik
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