Orchasp Ltd (ORCHASP) AI Stock Analysis

Orchasp Ltd

(NSE:ORCHASP)

Select Model

Rating:45Neutral

Price Target:INR 1.00▼(-4.76% Downside)

Action:reiterated

Date:10/17/26

The score is held back primarily by weak cash generation (negative operating and free cash flow) and volatile profitability despite strong FY2026 revenue growth. Technicals also reflect a clear downtrend (below major moving averages with negative MACD), while valuation appears demanding with a high P/E and no dividend yield support. Balance-sheet strength (zero debt) is a meaningful offset but not enough to lift the overall profile materially.

Positive Factors

Debt-free balance sheetEliminating debt materially strengthens Orchasp’s solvency and reduces interest and refinancing pressure. A debt-free balance sheet gives management more flexibility to withstand operating volatility, preserve liquidity, and fund future initiatives without relying as heavily on external financing.

Negative Factors

Negative cash generationNegative operating and free cash flow show that reported activity is not yet translating into internally generated funds. Continued cash deficits can consume financial resources, constrain investment capacity, and increase dependence on the balance sheet even though debt has been eliminated.

Orchasp Ltd (ORCHASP) vs. iShares MSCI India ETF (INDA)

Market Cap: INR 374.14M
Dividend Yield: ―
Average Volume (3M): 90.70K
Price to Earnings (P/E): 44.4
Beta (1Y): 0.41
Revenue Growth: -38.53%
EPS Growth: ―
Country: India
Employees: 50
Sector: General
Sector Strength: 55
Industry: Information Technology Services

Orchasp Ltd Business Overview & Revenue Model

Company Description

Established in 1994 and based in Secunderabad, India, Orchasp Limited, formerly Cybermate Infotek Limited, delivers a comprehensive suite of information technology services, including computer programming and consulting. The company's diverse offerin...

Orchasp Ltd Financial Statement Overview

Summary

Financials are mixed: strong FY2026 revenue rebound (+46.1% YoY) and debt reduced to zero support stability, but profitability is volatile with FY2026 gross/operating margins still negative (-4.5% and -13.6%). Cash generation is a major weakness, with negative operating cash flow and free cash flow in FY2026 (around -₹42m), indicating the business is not consistently self-funding.

Income Statement

44Neutral

Balance Sheet

72Positive

Cash Flow

28Negative

Financial statement breakdown
Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	145.48M	212.56M	210.83M	132.45M	234.56M	372.94M
Gross Profit	24.38M	-9.51M	34.95M	25.26M	-16.07M	73.33M
EBITDA	33.45M	10.94M	-103.39M	15.25M	13.13M	8.56M
Net Income	32.30M	10.52M	-105.23M	6.79M	3.50M	559.00K
Balance Sheet
Total Assets	2.16B	2.32B	2.01B	1.79B	1.75B	1.45B
Cash, Cash Equivalents and Short-Term Investments	3.91M	3.21M	3.29M	4.71M	2.04M	817.00K
Total Debt	0	73.29M	156.56M	151.49M	209.74M	205.99M
Total Liabilities	1.04B	1.10B	892.17M	711.34M	740.54M	447.55M
Stockholders Equity	1.13B	1.22B	1.12B	1.08B	1.01B	1.01B
Cash Flow
Free Cash Flow	28.68M	-42.18M	-156.42M	2.42M	4.20M	-120.20M
Operating Cash Flow	28.88M	-42.02M	-155.80M	3.13M	4.28M	-120.16M
Investing Cash Flow	5.22M	39.22M	4.80M	470.00K	944.00K	-4.00M
Financing Cash Flow	-34.47M	2.73M	149.58M	-933.00K	-4.01M	123.67M

Orchasp Ltd Technical Analysis

Technical Analysis SentimentNegative

Last Price1.05

Price Trends

50DMA1.33Negative

100DMA1.54Negative

200DMA1.91Negative

Market Momentum

MACD-0.06Positive

RSI35.66Neutral

STOCH49.62Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ORCHASP, the sentiment is Negative. The current price of 1.05 is below the 20-day moving average (MA) of 1.22, below the 50-day MA of 1.33, and below the 200-day MA of 1.91, indicating a bearish trend. The MACD of -0.06 indicates Positive momentum. The RSI at 35.66 is Neutral, neither overbought nor oversold. The STOCH value of 49.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ORCHASP.

Orchasp Ltd Peers Comparison

Overall Rating

UnderperformOutperform

Sector (55)

Financial Indicators

IN:ORCHASP against its peers
Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
IN:ADROITINFO	76Outperform	INR 686.68M	22.18	―	―	53.91%	99.01%
Sector *	55Neutral	$6.65B	3.83	-15.92%	6.20%	10.91%	7.18%
IN:CTE	51Neutral	INR 744.02M	9.85	―	―	-8.34%	―
IN:ORCHASP	45Neutral	INR 381.07M	44.44	―	―	-38.53%	―
IN:QUINTEGRA	43Neutral	INR 90.36M	-81.03	―	―	―	-31.42%
IN:GSS	41Neutral	INR 260.13M	-0.53	―	―	-26.71%	-1533.08%
IN:VLEGOV	38Underperform	INR 866.53M	-35.94	―	―	-73.73%	99.90%

* General Sector Average

Performance Comparison

IN:ORCHASP and its peers over the selected period
Ticker	Company Name	Price	Change	% Change
IN:ORCHASP	Orchasp Ltd	1.10	-2.46	-69.10%
IN:ADROITINFO	Adroit Infotech Limited	12.57	1.05	9.11%
IN:CTE	Cambridge Technology Enterprises Limited	37.90	-16.14	-29.87%
IN:GSS	GSS Infotech Limited	10.08	-14.16	-58.42%
IN:QUINTEGRA	Quintegra Solutions Limited	3.37	1.68	99.41%
IN:VLEGOV	VL E-Governance & IT Solutions Ltd.	7.99	-15.56	-66.07%

Orchasp Ltd Corporate Events

Orchasp Publishes Voting Results of 32nd Annual General Meeting

Oct 4, 2026

Orchasp Limited has reported to the BSE and NSE the voting results of its 32nd Annual General Meeting held on 30 September 2026, in line with SEBI Listing Obligations and the Companies Act, 2013. The disclosure includes AGM voting outcomes and the sc...

Orchasp Publishes AGM, E-Voting and Book-Closure Notice

Sep 9, 2026

Orchasp Limited has notified the stock exchanges that it has published newspaper advertisements in Business Standard and Nava Telangana regarding the dispatch of the notice for its 32nd Annual General Meeting, along with details of e-voting and book-...

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 17, 2026

Orchasp Ltd AI Stock Analysis