63 Moons Technologies Ltd. (63MOONS) AI Stock Analysis

63 Moons Technologies Ltd.

(NSE:63MOONS)

Select Model

Rating:56Neutral

Price Target:INR 930.00▼(-2.02% Downside)

Action:reiterated

Date:10/14/26

The overall score of 56 is heavily weighed down by weak fundamentals, primarily persistent net losses, severe cash burn, and a negative P/E ratio. However, these major operational risks are partially offset by a pristine, debt-free balance sheet that ensures immediate solvency, as well as strong technical momentum with the stock trading firmly above all key long-term moving averages.

Positive Factors

Very low leverageMinimal debt gives 63 Moons substantial financial flexibility and lowers interest and refinancing pressure. This conservative capital structure can help the company fund technology investments, absorb operating volatility, and pursue opportunities without relying heavily on external financing.

Negative Factors

Unstable profitabilityNegative gross profit and deeply negative operating results show that the recent revenue rebound has not translated into sustainable profitability. Repeated swings between profit and loss reduce earnings visibility and make it harder to assess the company’s durable operating economics.

63 Moons Technologies Ltd. (63MOONS) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 43.72B
Dividend Yield: 0.21%
Average Volume (3M): 31.86K
Price to Earnings (P/E): -67.1
Beta (1Y): 2.14
Revenue Growth: 237.50%
EPS Growth: -203.18%
Country: India
Employees: 414
Sector: General
Sector Strength: 55
Industry: Software - Application

63 Moons Technologies Ltd. Business Overview & Revenue Model

Company Description

63 Moons Technologies Ltd. functions as a parent company, primarily delivering computer programming, advisory, and associated services. The firm is headquartered in Mumbai, Maharashtra, and currently employs 872 full-time staff members. Its business...

How the Company Makes Money

63MOONS primarily makes money by building, licensing, deploying, and supporting technology platforms for capital market and exchange/market-infrastructure use cases. Key revenue streams typically include: (1) Software/platform licensing and implement...

63 Moons Technologies Ltd. Financial Statement Overview

Summary

Presents a highly polarized financial profile. An exceptionally robust balance sheet with near-zero debt (score 89) mitigates solvency risks. However, this is heavily offset by severe operational inefficiencies, a -10.6% net profit margin (score 35), and deeply negative cash flows (score 25) indicating persistent cash burn.

Income Statement

35Negative

Balance Sheet

89Very Positive

Cash Flow

25Negative

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	3.18B	2.12B	468.20M	4.72B	2.90B	1.60B
Gross Profit	-708.99M	-260.28M	-732.77M	2.70B	1.25B	296.16M
EBITDA	-1.25B	-2.82B	-2.35B	2.35B	431.99M	-616.02M
Net Income	-651.95M	-224.34M	-331.70M	2.23B	-163.09M	-531.73M
Balance Sheet
Total Assets	0	38.87B	36.79B	36.45B	34.66B	33.68B
Cash, Cash Equivalents and Short-Term Investments	19.56B	19.56B	20.84B	14.23B	15.74B	15.42B
Total Debt	0	54.22M	28.48M	51.71M	42.02M	2.79M
Total Liabilities	-36.50B	2.37B	2.43B	3.27B	3.75B	2.91B
Stockholders Equity	36.50B	35.49B	34.14B	33.47B	31.15B	30.96B
Cash Flow
Free Cash Flow	-1.36B	-1.77B	-1.54B	1.65B	510.60M	-1.28B
Operating Cash Flow	-1.33B	-1.34B	-1.43B	1.70B	707.12M	-1.02B
Investing Cash Flow	-304.36M	-1.20B	-477.47M	-999.70M	499.84M	749.72M
Financing Cash Flow	1.94B	2.55B	1.65B	217.29M	189.20M	808.04M

63 Moons Technologies Ltd. Technical Analysis

Technical Analysis SentimentPositive

Last Price949.15

Price Trends

50DMA844.85Positive

100DMA787.80Positive

200DMA708.39Positive

Market Momentum

MACD26.61Negative

RSI65.80Neutral

STOCH81.19Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:63MOONS, the sentiment is Positive. The current price of 949.15 is above the 20-day moving average (MA) of 866.36, above the 50-day MA of 844.85, and above the 200-day MA of 708.39, indicating a bullish trend. The MACD of 26.61 indicates Negative momentum. The RSI at 65.80 is Neutral, neither overbought nor oversold. The STOCH value of 81.19 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:63MOONS.

63 Moons Technologies Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:63MOONS against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:PROTEAN	72Outperform	INR 25.68B	30.98	―	1.59%	21.39%	-13.43%
IN:CCAVENUE	66Neutral	INR 40.18B	22.25	―	―	110.17%	23.73%
IN:EMUDHRA	65Neutral	INR 28.25B	24.11	―	0.37%	29.74%	25.01%
IN:ZAGGLE	64Neutral	INR 20.73B	15.99	―	―	44.48%	27.93%
IN:NUCLEUS	63Neutral	INR 16.94B	16.30	―	1.95%	1.66%	-37.05%
IN:63MOONS	56Neutral	INR 43.74B	-67.06	―	0.21%	237.50%	-203.18%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%

* General Sector Average

Performance Comparison

IN:63MOONS and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:63MOONS	63 Moons Technologies Ltd.	949.15	159.68	20.23%
IN:EMUDHRA	eMudhra Limited	341.10	-297.80	-46.61%
IN:CCAVENUE	Infibeam Avenues Ltd.	120.47	-73.83	-38.00%
IN:NUCLEUS	Nucleus Software Exports Limited	643.45	-375.81	-36.87%
IN:ZAGGLE	Zaggle Prepaid Ocean Services Limited	154.20	-218.15	-58.59%
IN:PROTEAN	Protean eGov Technologies Limited	629.75	-202.61	-24.34%

63 Moons Technologies Ltd. Corporate Events

63 Moons Subsidiary 63SATS Cybertech Lifts FY27 Guidance on Strong H1 Growth

Oct 11, 2026

63 Moons Technologies Ltd. has released an investor update for the first half of fiscal 2026-27 from its subsidiary 63SATS Cybertech Ltd., highlighting strong operational momentum in cybersecurity. The subsidiary reported billed revenue of ₹218...

63 Moons Subsidiary Ticker Limited Updates on NCLT-Approved Resolution Plan

Sep 9, 2026

63 Moons Technologies has updated exchanges that its non-material subsidiary Ticker Limited is undergoing a restructuring process connected to insolvency proceedings involving Baron Infotech Limited. The company notified that the National Company Law...

63 Moons boosts stake in tech subsidiary Ticker with Rs 70 crore infusion

Sep 7, 2026

63 Moons Technologies Ltd. has disclosed that its wholly owned overseas subsidiary, Financial Technologies Singapore Pte. Ltd., has subscribed on a preferential basis to 259,259,26 new equity shares issued by its Indian subsidiary Ticker Ltd. for a t...

63 Moons Technologies Moves AGM and Annual Report Access Fully Online

Aug 27, 2026

63 Moons Technologies Ltd., a fintech and market infrastructure solutions provider listed on BSE and NSE, has reiterated its adherence to SEBI’s Listing Obligations and Disclosure Requirements. The company continues to emphasize digital access...

Glossary

BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.

Disclaimer

This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.

Date of analysis: Oct 14, 2026

63 Moons Technologies Ltd. AI Stock Analysis