Covance Softsol Ltd Stock Price Today (NSE: COVANCE)

Covance Softsol Ltd

168.900.90 (0.53%)
Market Closed

Fundamental Score

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Covance Softsol Ltd Share Price — Live NSE/BSE Price, Fundamentals & Analysis

Covance Softsol Ltd share price today is 168.90, down 0.53% on NSE/BSE as of 17 June 2026. Covance Softsol Ltd (COVANCE) is a Small-cap company in the Computers - Software & Consulting sector with a market capitalisation of 204.31 (Cr). The 52-week high for COVANCE share price is 171.34 and the 52-week low is 14.70. At a P/E ratio of 14.11x, COVANCE is currently trading below its industry average P/E of 24.76x. The company has a Return on Equity (ROE) of 6.24% and a debt-to-equity ratio of 0.00.

Covance Softsol Ltd Share Price Chart — NSE/BSE Historical Performance

No data
High
171.30
Low
168.90
Volume
860.2727272727273
Change
+0.00%

Covance Softsol Ltd share price chart: 0.00% return over the past month. 52-week high ₹171.34, 52-week low ₹14.70.

Covance Softsol Ltd — Last 10 Trading Days

DateOpenHighLowCloseVolume
154.65154.65154.65154.652.12K (Cr)
171.30171.30162.75162.7537.04K (Cr)
171.30171.30171.30171.302.29K (Cr)
171.30171.30171.30171.30650.00 (Cr)
171.30171.30171.30171.301.02K (Cr)
171.30171.30171.30171.308.85K (Cr)
171.30171.30171.30171.30469.00 (Cr)
171.30171.30171.30171.30571.00 (Cr)
171.30171.30171.30171.307.00 (Cr)
171.30171.30171.30171.30134.00 (Cr)

Covance Softsol Ltd — Last 12 Months Price History

MonthOpenHighLowCloseChange
171.30171.30154.65154.65-9.72%
171.30171.30171.30171.30+0.00%
171.30171.30171.30171.30+0.00%
171.30171.30169.60171.30+0.00%
144.75171.30140.20171.30+18.34%
96.42171.3496.42131.36+36.24%
92.2692.2688.0591.83-0.47%
71.4192.2671.4192.26+29.20%
47.1970.0147.1970.01+48.36%
30.6146.2730.6146.27+51.16%
28.0139.1328.0130.01+7.14%
17.8727.4717.8727.47+53.72%

AI Research Briefing

Powered by Gemini · 2026-04-08

Covance Softsol is a micro-cap lottery ticket; enjoy the ride, but don't marry the stock.

Research Confidence
6.0/10Moderate
MICRO-CAP DARK HORSEStrong breakout, but overextended. 1M: 31.78%, 3M: 195.52%, 6M: 894.18%Expensive given the unsustainable growth priced in. P/E is lower than the industry, but the 'industry' is not growing at 1000%+.

WHAT'S HAPPENING NOW (last 2-4 weeks)

Covance Softsol's stock its 52-week high of Recent news includes compliance updates and trading window closures. MarketsMojo reaffirmed a 'Buy' rating. The company reported strong Q3 FY26 results with a net profit of Cr, a 1241.49% YoY increase. Revenue for Q3 FY26 was Cr, a 9.42% YoY increase.

CORE STORY (THE REAL GAME)

Covance Softsol is being priced as a micro-cap turnaround story riding the wave of increased digital adoption in the Indian software and consulting sector. It's a high-growth, high-risk play, not a steady compounder.

Why Now
  • Exceptional 6-month return of 242.12%
  • Strong Q3 FY26 results with 1241.49% YoY net profit growth
  • MarketsMojo 'Buy' rating
Potential Catalysts
  • New order wins
  • Continued earnings growth
  • Increased institutional interest
Key Risks
  • Micro-cap illiquidity
  • Decreasing promoter holding
  • Unsustainable growth rates
Institutional Activity

Promoter holding decreased from 73.42% to 71.68% in Dec 2025 quarter.

Macro Context

Indian software and consulting sector benefits from increased digital adoption.

Cash Flow Quality

Free Cash Flow 5Y: ₹None Cr, concerning

3–6 Month Outlook

Next 3-6 months depend on maintaining hyper-growth. Watch for signs of deceleration.

Primary Thesis Risk

Growth deceleration will trigger a massive correction.

For educational purposes only. Not investment advice. Consult a SEBI-registered advisor before investing.

Returns & Performance

Poor

Return on Equity (ROE)

6.24%

Profit generated per ₹1 of shareholder equity

Poor

Return on Capital (ROCE)

8.01%

Returns generated on total capital deployed

Oper. Profit Margin (5Y Avg)

N/A

Average operating profit margin over 5 years

Dividend Yield

0.00%

Annual dividend as % of current share price

Covance Softsol Ltd Valuation Check

Excellent

Price to Earnings (P/E)

14.11x

Share price ÷ earnings per share. Lower = cheaper

Poor

Industry Avg P/E

24.76x

Average P/E of all peers in this sector

Market-cap Classification
Small-cap
Higher growth potential with higher volatility.

Shareholding Pattern

Excellent

Promoter Holding

73.42%

% shares held by company founders/management

Poor

FII Holding

0.00%

% shares held by foreign institutional investors

Poor

DII Holding

0.00%

% held by domestic mutual funds, LIC, banks

Excellent

Promoter Pledged %

0.00%

% of promoter shares pledged as collateral — lower is safer

Growth Engine

Excellent

Profit Growth (Quarterly YoY)

109.84%

Net profit growth vs same quarter last year

Excellent

Revenue Growth (Quarterly YoY)

65.11%

Revenue growth vs same quarter last year

Revenue Growth (5-Year CAGR)

N/A

Compounded annual revenue growth over 5 years

EPS Growth (5-Year CAGR)

N/A

Earnings per share growth over 5 years

Net Profit Growth (5-Year CAGR)

N/A

Compounded annual net profit growth over 5 years

Balance Sheet Health

Excellent

Debt to Equity Ratio

0.00x

Total debt ÷ equity. Below 0.5 = financially healthy

Excellent

Interest Coverage Ratio

4.78x

EBIT ÷ interest expense. Above 2.5 = can pay interest comfortably

Free Cash Flow (5-Year Total)

N/A

Cash left after capex over 5 years. Positive = self-funded growth

Labels (e.g., "Excellent", "Good") are peer-based vs industry/sector averages — data-only, not advice

Covance Softsol Ltd Fundamental Analysis & Valuation Benchmarking

Educational evaluation of COVANCE across key market metrics for learning purposes.

Positive Indicators

6 factors identified

Attractive Valuation (P/E: 14.11 vs Industry: 24.76)

Observation: Trading at discount to industry peers.

Analysis: P/E below industry average may present value opportunity.

Robust Profit Growth (109.84%)

Observation: Strong year-over-year profit expansion demonstrates business momentum.

Analysis: Profit growth >20% indicates effective execution and market opportunity capture.

Strong Revenue Growth (65.11%)

Observation: Healthy sales growth indicates market demand and execution capability.

Analysis: Revenue growth >15% suggests strong market position and growth potential.

Debt-Free Balance Sheet (D/E: 0.00)

Observation: Low leverage provides financial flexibility and reduced risk.

Analysis: Conservative debt structure offers resilience during economic downturns.

Balanced Promoter Holding (73.42%)

Observation: Optimal balance between promoter control and public float.

Analysis: Promoter holding in 50-75% range provides management alignment.

Zero Share Pledging Risk

Observation: No promoter shares pledged as collateral.

Analysis: Absence of share pledging eliminates potential forced-selling pressure.

Risk Factors

3 factors identified

Below-Average Return on Equity (6.24%)

Observation: Returns on equity are below industry benchmarks.

Analysis: ROE <10% may indicate inefficient capital utilization. Consider monitoring for operational improvements and management effectiveness.

Suboptimal ROCE (8.01%)

Observation: Returns on capital employed are below expectations.

Analysis: ROCE <10% suggests potential inefficiencies in capital allocation.

No Dividend Distribution

Observation: Company does not currently pay dividends to shareholders.

Analysis: Zero dividend yield may indicate growth reinvestment focus or cash flow constraints.

Covance Softsol Ltd vs Computers - Software & Consulting Peers

Peer Comparison - Computers - Software & Consulting

Compare Covance Softsol Ltd with 10 other companies in the same sector

11 companies
Company Info
Fundamental
Valuation
Profitability
Financial Health
Growth
Dividend
Company
Company name
Score
Bull Run comprehensive fundamental score based on 20+ metrics
Price
Current trading price of the stock
Market Cap
Total value of all shares in the market
P/E
Price per share divided by earnings per share
ROE
Net income divided by shareholder equity
ROCE
Earnings before interest and tax divided by capital employed
Debt/Eq
Total debt divided by total equity
Profit 5Y
Average annual profit growth over 5 years
Sales 5Y
Average annual sales growth over 5 years
Dividend
Annual dividend per share divided by price per share
41.3/100
169
₹204.31
14.1
Average
6.24%
Poor
8.01%
Poor
0.0
Excellent
0.00%
58.6/100
2284
₹1.13M
22.5
Average
52.38%
Excellent
64.63%
Excellent
0.1
Excellent
8.48%
Good
10.22%
Good
1.91%
54.1/100
1160
₹649949.90
23.1
Average
28.83%
Excellent
37.50%
Excellent
0.1
Excellent
10.01%
Good
12.41%
Good
2.75%
55.7/100
1195
₹444855.72
26.2
Average
25.00%
Excellent
31.61%
Excellent
0.1
Excellent
9.49%
Good
10.62%
Good
3.29%
Wipro Ltd...
WIPRO507685
47.3/100
188
₹262488.32
19.4
Average
16.59%
Good
19.51%
Good
0.2
Excellent
6.13%
Good
7.82%
Good
2.40%
68.9/100
4381
₹182443.44
37.5
Average
21.53%
Excellent
27.63%
Excellent
0.1
Excellent
24.78%
Excellent
28.43%
Excellent
1.06%
30.1/100
1456
₹149883.55
33.4
Average
14.62%
Average
18.56%
Good
0.1
Excellent
-0.38%
Poor
7.52%
Good
2.94%
62.09999999999999/100
5098
₹101057.04
60.7
Average
24.08%
Excellent
30.44%
Excellent
0.1
Excellent
32.77%
Excellent
27.34%
Excellent
0.55%
58.6/100
1388
₹63722.44
56.0
Average
15.98%
Good
20.34%
Excellent
0.1
Excellent
12.59%
Good
23.56%
Excellent
0.80%
Mphasis Ltd...
MPHASIS526299
51.5/100
2233
₹53963.41
30.2
Average
18.22%
Good
22.71%
Excellent
0.2
Excellent
7.24%
Good
9.98%
Good
2.01%
59.3/100
508
₹45126.44
32.3
Average
23.34%
Excellent
29.52%
Excellent
0.1
Excellent
12.23%
Good
16.49%
Excellent
1.56%

Covance Softsol Ltd Quarterly Performance

Latest quarterly metrics for COVANCE — revenue growth and profit growth vs same quarter last year

Revenue Growth (YoY)

65.11%

Latest quarter vs same quarter previous year

Net Profit Growth (YoY)

109.84%

Latest quarter net profit vs same quarter previous year

5-Year Revenue CAGR

N/A

Compounded annual revenue growth over 5 years

5-Year Profit CAGR

N/A

Compounded annual net profit growth over 5 years

Covance Softsol Ltd Technical Indicators

SMA 50, SMA 200, RSI and volume signals for COVANCE — calculated from daily price history

100RSI 14
Overbought — RSI 100

Momentum is strong — price may be stretched. Watch for pullbacks.

SMA 50
171
▼ Price below SMA 50 — Short-term bearish
SMA 200
109
▲ Price above SMA 200 — Long-term uptrend
30-Day Avg Volume
1K shares/day
Average daily traded volume over last 30 trading sessions

Technical indicators are for educational purposes only. Not investment advice.

Covance Softsol Ltd Financial Statements

Annual income statement, balance sheet and cash flow for Covance Softsol Ltd (COVANCE) — sourced from NSE/BSE filings.

Loading Financial Statements...

Fetching financial data for Covance Softsol Ltd

About COVANCE (Covance Softsol Ltd)

Covance Softsol Ltd is a dynamic force in the realm of Computers - Software & Consulting, dedicated to navigating the complexities of the digital landscape with innovative solution...s. At its core, COVANCE is committed to crafting tailored strategies for clients, enabling them to optimize their operations and achieve sustained growth. The company excels in developing customized software applications and providing expert consulting services, focusing on emerging technologies and industry best practices. Covance Softsol seamlessly blends technological prowess with a deep understanding of diverse business needs, ensuring that every solution delivers tangible results and a competitive edge. COVANCE specializes in assisting organizations in streamlining workflows, modernizing their IT infrastructure, and leveraging the power of data-driven insights. The company prides itself on its ability to integrate cutting-edge technologies with existing systems, providing a seamless transition and minimizing disruption to operations. With a dedicated team of skilled professionals, COVANCE delivers a comprehensive suite of services, including software development, system integration, IT consulting, and managed services. This holistic approach allows clients to focus on their core competencies while COVANCE handles the intricacies of their technological needs. Driven by a client-centric philosophy, COVANCE strives to build long-term partnerships based on trust, transparency, and mutual success. The company emphasizes collaboration and open communication throughout the project lifecycle, ensuring that client needs and expectations are consistently met and exceeded. By staying at the forefront of technological advancements and maintaining a strong commitment to quality, COVANCE empowers organizations to thrive in an ever-evolving digital world. The solutions are engineered for scalability, security, and sustainability, providing a robust foundation for future growth and innovation.

Company Details

Symbol:COVANCE
Industry:Computers - Software & Consulting
Sector:Computers - Software & Consulting

Key Leadership

Mr. Srinivasa Rao Madala
MD & Chairman
Mr. Koteswara Rao Yerragopi
Chief Financial Officer
Ms. Chandana Konduru
Company Secretary & Compliance Officer

COVANCE Share Price: Frequently Asked Questions

What is the current share price of Covance Softsol Ltd?

Covance Softsol Ltd (COVANCE) trades at ₹168.90 on NSE and BSE. Market cap ₹204.31 (Cr). Educational data only.

What is the P/E ratio of Covance Softsol Ltd?

Covance Softsol Ltd has a P/E of 14.11x vs industry average 24.76x.

What is the Bull Run score for Covance Softsol Ltd?

Covance Softsol Ltd has a Bull Run score of 41.3/100 based on 25+ financial parameters.

Does Covance Softsol Ltd pay dividends?

Covance Softsol Ltd has a dividend yield of 0.00%. Past dividends don't guarantee future payments.

What is the ROE of Covance Softsol Ltd?

Covance Softsol Ltd has ROE of 6.24%. Higher ROE indicates better use of shareholder equity.

What is the debt-to-equity ratio of Covance Softsol Ltd?

Covance Softsol Ltd has debt-to-equity of 0.00.

Is Covance Softsol Ltd a good investment?

Bull Run gives Covance Softsol Ltd a score of 41.3/100. This is not investment advice — consult a SEBI-registered advisor.