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Cigniti Technologies

CIGNITITEC
Small Cap
(%) 1D
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1D1W1M3M6M1YMAX

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Cigniti Technologies Share price and Fundamental Analysis

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Cigniti Technologies Ltd (Formerly Chakkilam Infotech Ltd.) is an independent Software Testing Services Company. It is focused on software testing services and medical transcription. Over the last 14 years the company has worked with companies in US and India to deliver quality software through a combination of onsite consulting and offshore delivery. The company was incorporated in the year 1998.
Company Incorporation1998
ChairmanC V Subrahmanyam
Head QuartersNA
Previous NameNA

Key Metrics

Market Cap (Cr)
3,837.63
PE Ratio
17.35
Industry P/E
50.9
PEG Ratio
0.52
ROE
22.97%
ROCE
30.78%
ROA
16.15%
Total Debt (Cr)
24.49
Debt to Equity
0.03
Dividend Yield
0%
EPS
80.75
Book Value & P/B
237.91 x 5.89
Face Value
10
Outstanding Shares(Cr)
2.74
Current Ratio
4.66
EV to Sales
1.79

Included In

+More

Stock Returns

1 Week+4.01%
1 Month+18.5%
6 Months-0.87%
1 Year+7.95%
3 Years+268.53%
5 Years+357.86%

CAGR

1 Year CAGR

Revenue Growth

+10.16%

Net Profit Growth

-1.62%

Operating Profit Growth

+0.95%

Dividend Growth

-45.45%

Stock Returns CAGR

+7.95%
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Mar 25

Promoters : 55.16%

FIIs : 9.74%

DIIs : 10.59%

Public : 24.52%

Promoter
FII/FPI
DII
Public
Promoter Pledge stands at 0.0% of holding in March 2025 Qtr
FII Shareholding Increased by 1.49% to 9.74% in March 2025 Qtr
DII Shareholding Increased by 0.17% to 10.59% in March 2025 Qtr
Promoter Shareholding Decreased by 0.16% to 55.16% in March 2025 Qtr

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ROCE

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ROA

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Cigniti Technologies Management and History

Company Management

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Company History

Cigniti Technologies Ltd (Formerly Chakkilam Infotech Ltd.) is an independent Software Testing Services Company. It is focused on software testing services and medical transcription. Over the last 14 years the company has worked with companies in US and India to deliver quality software through a combination of onsite consulting and offshore delivery. The company was incorporated in the year 1998.

The Company offers functional testing, performance testing and test automation and security testing. The Company's testing services for enterprise information technology (IT) organizations cover test management, test automation and tools, functional testing, non-functional testing and test environment management. The Company's transcription services include medical transcription, business transcription and legal transcription. The engineering services include providing solutions in the CAD/CAM/CAE for the engineering industry. The Company's services mainly involve digitization of drawings into vector formats, three dimensional (3D) modeling, design and analysis.

In September 2011, the company acquired Cigniti Inc.

In 2012, the company enters into a multi-year contract with one of the largest robotics & toy manufacturer in the world. The company enters into a long term engagement with a Performance Management and Business Intelligence Solution Provider in the Hospitality Industry. The company signs partnership with Neotys for its load testing tool NeoLoad. During the year, the company also became a 'Certified Mobile Testing Services' Partner for Keynote DeviceAnywhere 2013. The company was ranked 293 among the world's top 400 Annual reports and was the highest ranked among the Indian companies listed in the report. The company also becomes World's First Independent Software Testing Services Company to Be Rated at CMMI-SVC v1.3 Maturity Level 3. The company acquires Gallop Solutions during the year under review.

In 2014, the company is chosen as the worthy recipient of the 2014 Global Frost & Sullivan Customer Value Leadership Award Automated Software Testing Services. The company has been recognized as the Fastest Growing Company in Asia' in Forbes Asia Best Under a Billion Forum 2014. During the year, the company expands Operations in UK Opens office in London.

In 2015, the company has been appraised at Level 5 of the CMMI Institute's Capability Maturity Model Integration (CMMI). The company also Wins 2015 Business Today BEST SME Award for Global Excellence during the year under review.

During the year 2016-17, the two wholly owned subsidiary companies namely Cigniti Inc. USA and Gallop Solutions Inc. USA have been merged in to Cigniti Technologies Inc. USA wholly owned subsidiary company. BlueSwan, next generation proprietary Software Testing platform was launched to accelerate the quality engineering needs of digital enterprises.

During year 2018-19, the Company launched new service offerings on IoT testing & Testing leveraging AI, RPA Testing, and Blockchain testing. It launched 'MyCigniti' an HR platform echoing the essence of One Cigniti during 2020-21.

During FY 2021-22, the Company launched a 360-degree Digital CX monitoring platform with AI-driven Sentiment Analysis. It acquired Aparaa Digital (RoundSqr) - a specialized and veteran-led AI/ML, Data, and Blockchain Engineering services company; thereafter, it launched iNSta platform, which is a low Code/ No Code test automation with self-healing, AI-powered Scriptless test automation solution.

Cigniti Technologies Share Price

Cigniti Technologies share price reflects investor sentiment toward the company and is impacted by various factors such as financial performance, market trends, and economic conditions. Share price is an indicator which shows the current value of the company's shares at which buyers or sellers can transact.

Cigniti Technologies Market Cap

Market capitalization of Cigniti Technologies indicates the total value of its outstanding shares. Marketcap is calculated by multiplying share price and outstanding shares of the company. It is a helpful metric for assessing the company's size and market Valuation. It also helps investors understand how Cigniti Technologies is valued compared to its competitors.

Cigniti Technologies PE Ratio

Cigniti Technologies PE ratio helps investors understand what is the market value of each stock compared to Cigniti Technologies 's earnings. A PE ratio higher than the average industry PE could indicate an overvaluation of the stock, whereas a lower PE compared to the average industry PE could indicate an undervaluation.

Cigniti Technologies PEG Ratio

The PEG ratio of Cigniti Technologies evaluates its PE ratio in relation to its growth rate. A PEG ratio of 1 indicates a fair value, a PEG ratio of less than 1 indicates undervaluation, and a PEG ratio of more than 1 indicates overvaluation.

Cigniti Technologies ROE (Return on Equity)

Return on Equity (ROE) measures how effectively Cigniti Technologies generates profit from shareholders' equity. A higher ROE of more than 20% indicates better financial performance in terms of profitability.

Cigniti Technologies ROCE (Return on Capital Employed)

Return on Capital Employed (ROCE) evaluates the profitability of Cigniti Technologies in relation to its capital employed. In simple terms, ROCE provides insight to investors as to how well the company is utilizing the capital deployed. A high ROCE of more than 20% shows that the business is making profitable use of its capital.

Cigniti Technologies Total Debt

Total debt of Cigniti Technologies shows how much the company owes to either banks or individual creditors. In simple terms, this is the amount the company has to repay. Total debt can be a very useful metric to show the financial health of the company. Total debt more than equity is considered to be a bad sign.

Cigniti Technologies Debt to Equity Ratio

The Debt-to-Equity (DE) ratio of Cigniti Technologies compares its total debt to shareholders' equity. A higher Debt to Equity ratio could indicate higher financial risk, while a lower ratio suggests that the company is managing its debt efficiently.

Cigniti Technologies CAGR (Compound Annual Growth Rate)

CAGR shows the consistent growth rate of Cigniti Technologies over a specific period, whether it is over a month, a year, or 10 years. It is a key metric to evaluate the company’s long-term growth potential. Main metrics for which CAGR is calculated are net sales, net profit, operating profit, and stock returns.

Cigniti Technologies Technical Analysis

Technical analysis of Cigniti Technologies helps investors get an insight into when they can enter or exit the stock. Key components of Cigniti Technologies Technical Analysis include:

Support Levels (S1, S2, S3)

There are usually multiple support levels, but the main support levels for a stock are S1, S2, S3. Support levels indicate price points where stock might get support from buyers, helping the stock stop falling and rise.

Resistance Levels (R1, R2, R3)

There are usually multiple resistance levels, but the main resistance levels for a stock are R1, R2, R3. Resistance levels represent price points where Cigniti Technologies shares often struggle to rise above due to selling pressure.

Cigniti Technologies Dividends

Dividends refer to the portion of the company’s profits distributed to its shareholders. Dividends are typically paid out in cash and reflect Cigniti Technologies ’s financial health and profitability.

Cigniti Technologies Bonus Shares

Bonus shares are usually given by companies to make the stock more affordable, increase liquidity, boost investor confidence, and more.

Cigniti Technologies Stock Split

Stock split increases the number of its outstanding shares by dividing each existing share into multiple shares. When the company offers a stock split, the face value of the stock reduces in the same proportion as the split ratio.

Cigniti Technologies Financials

The financials of Cigniti Technologies provide a complete view to investors about its net sales, net profit, operating profits, expenses, and overall financial health. Investors can analyze financial data to assess the company’s stability and also understand how the company has been growing financially.

Cigniti Technologies Profit and Loss Statements

The profit and loss statement of Cigniti Technologies highlights its net sales, net profit, total expenditure, and operating profits in the current financial year. This Profit and Loss statement is crucial for evaluating the profitability and financial stability of Cigniti Technologies .

Cigniti Technologies Balance Sheet

The balance sheet presents a snapshot of Cigniti Technologies ’s assets, liabilities, and equity of shareholders, providing insights into the financials of the company.

Cigniti Technologies Cashflow Statements

Cashflow statements track the company's cash inflows and outflows over a period. It is an essential tool for understanding how well the company manages its liquidity and finances.

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