DiGiSPICE Technologies Ltd. (DIGISPICE) AI Stock Analysis

0 Followers

DiGiSPICE Technologies Ltd.

(NSE:DIGISPICE)

Select Model

Rating:56Neutral

Price Target:INR 14.50▼(-14.61% Downside)

Action:reiterated

Date:08/17/26

The score is driven primarily by improved financial performance—restored profitability and relatively strong cash generation with manageable (though rising) leverage. This is offset by weak technicals (below major moving averages with negative MACD and low RSI/Stoch) and a mid-range valuation with no dividend yield data to add support.

Positive Factors

Profitability RecoveryThe return to operating profit and net income after a loss-making FY2025 indicates meaningful earnings recovery. If maintained, renewed profitability can support internal funding, strengthen resilience, and provide a foundation for reinvestment in the company’s EDA software offering.

Negative Factors

Revenue Decline and VolatilityRecent revenue contraction and the broader multi-year decline make the durability of the profitability recovery less certain. Uneven demand can limit operating leverage, reduce the predictability of recurring software income, and constrain the company’s ability to scale earnings consistently.

DiGiSPICE Technologies Ltd. (DIGISPICE) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 3.99B
Dividend Yield: ―
Average Volume (3M): 7,801
Price to Earnings (P/E): 17.7
Beta (1Y): 0.98
Revenue Growth: -7.42%
EPS Growth: ―
Country: India
Employees: 44
Sector: General
Sector Strength: 55
Industry: Software - Application

DiGiSPICE Technologies Ltd. Business Overview & Revenue Model

Company Description

DiGiSPICE Technologies Limited functions as a global information and communications technology (ICT) provider, based in India. Its operations are divided into two primary divisions: Digital Technology Services and Financial Technology Services. The c...

How the Company Makes Money

DIGISPICE primarily makes money by selling access to its EDA software products. Revenue is typically generated through software licensing (e.g., time-bound subscriptions or term licenses) and may also include maintenance/support fees tied to those li...

DiGiSPICE Technologies Ltd. Financial Statement Overview

Summary

FY2026 shows a clear turnaround with positive operating profit and net income (net margin ~4.1%) and solid operating/free cash flow (FCF ~0.82x of net income). Balance sheet leverage is still moderate (~0.36x debt/equity) but has increased materially versus FY2024, and revenue/margins have been volatile across years, lowering confidence in durability.

Income Statement

56Neutral

Balance Sheet

62Positive

Cash Flow

68Positive

Financial statement breakdown
Breakdown	TTM	Mar 2026	Mar 2025	Mar 2024	Mar 2023	Mar 2022
Income Statement
Total Revenue	4.49B	4.65B	4.48B	4.39B	4.32B	9.91B
Gross Profit	879.38M	849.68M	654.29M	664.82M	487.71M	647.71M
EBITDA	358.47M	410.21M	-173.86M	733.12M	108.46M	333.65M
Net Income	186.05M	189.74M	-391.39M	116.75M	-206.00M	54.24M
Balance Sheet
Total Assets	0	8.06B	7.13B	6.49B	7.08B	7.00B
Cash, Cash Equivalents and Short-Term Investments	3.40B	5.17B	4.76B	3.75B	3.83B	2.56B
Total Debt	0	836.50M	789.72M	260.40M	837.06M	540.66M
Total Liabilities	-2.36B	5.70B	4.96B	4.02B	4.75B	4.47B
Stockholders Equity	2.36B	2.35B	2.13B	2.45B	2.32B	2.47B
Cash Flow
Free Cash Flow	667.56M	706.00M	27.52M	331.68M	-60.52M	1.34B
Operating Cash Flow	726.26M	866.14M	116.00M	417.55M	59.52M	1.49B
Investing Cash Flow	-169.81M	-742.06M	137.30M	54.94M	-373.82M	-1.19B
Financing Cash Flow	-664.94M	56.36M	483.21M	-557.17M	260.78M	-79.34M

DiGiSPICE Technologies Ltd. Technical Analysis

Technical Analysis SentimentNeutral

Last Price16.98

Price Trends

50DMA16.01Positive

100DMA17.27Negative

200DMA18.29Negative

Market Momentum

MACD0.22Negative

RSI61.12Neutral

STOCH83.73Negative

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:DIGISPICE, the sentiment is Neutral. The current price of 16.98 is above the 20-day moving average (MA) of 15.72, above the 50-day MA of 16.01, and below the 200-day MA of 18.29, indicating a neutral trend. The MACD of 0.22 indicates Negative momentum. The RSI at 61.12 is Neutral, neither overbought nor oversold. The STOCH value of 83.73 is Negative, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:DIGISPICE.

DiGiSPICE Technologies Ltd. Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:DIGISPICE against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:SIGMA	75Outperform	INR 4.52B	14.59	―	1.14%	7.23%	37.47%
IN:INSPIRISYS	69Neutral	INR 3.87B	9.89	―	―	35.17%	9.87%
IN:TERASOFT	67Neutral	INR 3.40B	15.56	―	0.39%	120.86%	125.67%
IN:DIGISPICE	56Neutral	INR 3.96B	17.70	―	―	-7.42%	―
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:CYBERTECH	55Neutral	INR 3.80B	12.34	―	18.89%	10.49%	-9.67%
IN:3IINFOLTD	44Neutral	INR 3.98B	18.44	―	―	-0.84%	-79.45%

* General Sector Average

Performance Comparison

IN:DIGISPICE and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:DIGISPICE	DiGiSPICE Technologies Ltd.	16.98	-6.97	-29.10%
IN:3IINFOLTD	3i Infotech Limited	19.66	1.39	7.61%
IN:CYBERTECH	CyberTech Systems & Software Ltd.	126.60	-22.53	-15.11%
IN:INSPIRISYS	lnspirisys Solutions Limited	97.34	-6.66	-6.40%
IN:SIGMA	Sigma Solve Ltd	43.81	-7.73	-14.99%
IN:TERASOFT	Tera Software Limited	308.05	-266.01	-46.34%

DiGiSPICE Technologies Ltd. Corporate Events

DiGiSPICE Subsidiary Spice Money Secures RBI Nod for Physical Payment Aggregation

Oct 23, 2026

Spice Money Limited, a material subsidiary of DiGiSPICE Technologies Ltd., has received in-principle authorisation from the Reserve Bank of India to operate as a Payment Aggregator-Physical under the Payment and Settlement Systems Act, 2007. The appr...

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: Aug 17, 2026

DiGiSPICE Technologies Ltd. AI Stock Analysis