ICODEX.BO · BSE

ICODEX PUBLISHING SOLUTIONS LI

₹37.65

-2.18% (-₹0.84)

Prev. close

₹38.49

Volume

1,200

As of

24 Sept 2026

Price history

₹37.65-₹9.85 (-20.74%) · 3M
15 May 2026 → 24 Sept 2026
₹47.5₹3515 May29 Jun31 Jul26 Aug24 Sept
Daily closes · updates after each session

No analyst calls on this stock in the last 90 days yet.

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Analyst opinions

No analyst calls on ICODEX PUBLISHING SOLUTIONS LI in the last 90 days.

Fundamentals

About ICODEX PUBLISHING SOLUTIONS LI

Icodex Publishing Solutions Limited provides software solutions to the scholarly and academic publishing industries in India. It offers Innovative Comprehensive Automated Publishing Platform, a cloud-based publishing workflow solution that streamlines the publishing process through the workflow and communication management, data transfer, and data storage; PaperPerfect, a manuscript refinement platform designed to support researchers, universities, and research institutions; eAssistant, a manuscript assessment system to meet publisher and journal-level requirements; and iProof, an online review and editing platform. The company also provides FlexyPage, an advanced HTML-based online layout processing system; Intelligent Mechanical and Technical Editing System, which is designed to convert word manuscripts into structured XML; iLang, an advanced language assessment and editing platform; iRef, an automated reference management platform that verifies, updates, and restructures references based on the required style; Product Data Hub and MetaScholar, which manages product and production specifications throughout the entire life cycle of an article or book; iPublish, a cloud-based digital library designed for the dissemination of publishing content; and ieBooks for digitizing books into popular formats, such as Kindle, Mobi, and iBook applications. In addition, it offers iDigit, an OCR system designed to create JATS XML from editable PDFs; and iWrite, a manuscript writing platform for researchers. Further, the company provides business process management services that support the publishing process with activities, including quality assurance checks, and editorial and back-end support services; and IT support services. It serves publishers, institutions and societies, researches and authors, government, and service providers. Icodex Publishing Solutions Limited was incorporated in 2018 and is based in Pune, India.

Details

Sector

Technology

Industry

Software - Application

CEO

Mr. Kamalakkannan Govindaraj

Headquarters

Pune

Employees

127

Key stats

Market cap

₹58.87 Cr

P/E ratio (TTM)

7.6

EPS (TTM)

₹4.93

Beta (1Y · daily vs NIFTY 50)

1.02

Shares float

36.73 L

Financial Performance

01 · Financials

0 Cr10 Cr20 Cr30 Cr₹0%50%100%150%FY23FY24FY25FY26
RevenueNet incomeEBITDARevenue growth YoY

FY23 growth needs FY22 filings, which the data source doesn't provide.

02 · Earnings Per Share (EPS)

0246₹FY22FY23FY24FY25FY26

04 · Operating Efficiency (Growth Rates)

Balance-sheet-based · pre-FY23 not filed in verifiable form

-1000%0%1000%2000%FY24FY25FY26
SalesFixed assetsTrade receivables

05 · Capital Structure & Asset Utilization

Pre-FY23 not filed in verifiable form

0 Cr25 Cr50 Cr75 Cr₹0×0.5×1×1.5×FY23FY24FY25FY26
Total assetsTotal debtDebt / equityAsset turnover

Asset turnover needs a prior year of assets — omitted for the earliest available year.

06 · Asset Base Composition

Pre-FY23 not filed in verifiable form

0 Cr25 Cr50 Cr75 Cr₹FY23FY24FY25FY26
Fixed assetsCurrent assetsOther assets

07 · Debt Level & Coverage

Pre-FY23 not filed in verifiable form

-20 Cr-10 Cr0 Cr10 Cr₹FY23FY24FY25FY26
DebtFree cash flowCash & equivalents

08 · Profit & Loss

Annual

Line itemFY22FY23FY24FY25FY26
—₹9.54 Cr₹10.40 Cr₹21.88 Cr₹25.93 Cr
EBITDA—₹2.13 Cr₹4.84 Cr₹13.58 Cr₹11.38 Cr
—₹1.81 Cr₹4.40 Cr₹8.96 Cr₹7.09 Cr
Diluted EPS₹0.82₹1.16₹2.81₹5.73₹5.01

Revenue, Total expenses (as filed), Employee benefit expense, Depreciation & amortisation, Other expenses, EBITDA, Net income, Pretax income, Tax provision, Interest expense have filed figures for only some of the years shown — the missing years are left blank rather than estimated.

09 · Balance Sheet

Annual

Line itemFY23FY24FY25FY26
₹5.85 Cr₹10.67 Cr₹24.75 Cr₹66.19 Cr
₹2.09 L₹87.91 L₹2.99 Cr₹7.05 Cr
Stockholders' equity₹4.19 Cr₹8.59 Cr₹19.05 Cr₹56.31 Cr

Annual only — the data source doesn’t publish quarterly balance-sheet detail for most NSE-listed companies.

10 · Cash Flow Statement

Annual

Line itemFY23FY24FY25FY26
₹1.27 Cr₹3.81 Cr₹6.35 Cr₹1.64 Cr
Investing cash flow₹-1.10 Cr₹-3.26 Cr₹-12.69 Cr₹-35.50 Cr
₹1.07 L₹82.77 L₹3.44 Cr₹33.87 Cr
Capital expenditure₹-86.74 L₹-3.06 Cr₹-10.80 Cr₹-14.79 Cr
End cash position₹1.68 Cr₹3.06 Cr₹16.17 L₹17.13 L

Annual only — the data source has no quarterly cash-flow-statement coverage.

12 · Peer Comparison

Technology

Company
Tata Consultancy Services Limited₹7.56 L Cr₹2,08715.27.0545.9%0.11+4.6%-31.2%
Infosys Limited₹4.13 L Cr₹1,014.513.2—33.9%0.10+4.6%-32.1%
HCL Technologies Limited₹3.40 L Cr₹1,243.619.84.5222.1%0.07+11.2%-13.8%
Wipro Limited₹1.63 L Cr₹163.6413.21.8414.9%0.23+4.0%-33.1%
Tech Mahindra Limited₹1.38 L Cr₹1,54326.94.6616.2%0.07+7.2%+6.2%
LTM Limited₹1.21 L Cr₹4,03823.25.0420.9%0.10+11.3%—
LG Electronics India Limited₹1.15 L Cr₹1,697.762.915.0022.0%0.06+1.3%—
One 97 Communications Limited₹1.13 L Cr₹1,735.5177.97.083.5%0.01+21.5%+49.3%
Oracle Financial Services Software Limited₹94,496.97 Cr₹10,92527.512.0733.7%0.00+12.1%+20.6%
Persistent Systems Limited₹81,865.07 Cr₹5,27743.910.4423.8%0.06+23.5%+1.6%
Dixon Technologies (India) Limited₹80,258.50 Cr₹13,29942.917.1630.8%0.21+25.8%-26.8%
ICODEX PUBLISHING SOLUTIONS LI₹58.87 Cr₹38.497.61.0512.6%0.13+18.5%-17.0%

Ranked by market cap within Technology, same metrics as the Fundamentals screener. Click a column to sort.

Documents

Official documents linked from their sources — offer documents as filed with SEBI (sebi.gov.in), annual reports and earnings-call transcripts as published on BSE (bseindia.com) and NSE (nseindia.com). Links open the source's own hosting; nothing is re-hosted here.

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