String Metaverse (BSE 534535)₹6.19−4.77%IT Enabled Services
In the Jun 2026 quarter (consolidated), String Metaverse reported sales of ₹392 Cr, up 96.8% from Jun 2025, and net profit of ₹36.98 Cr, up 105.3% year on year. For the year to Mar 2026, sales were ₹1,070 Cr and net profit ₹103 Cr.
Company filings, consolidated accounts; latest reported quarter Jun 2026
| Jun 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 0.00 | 0.00 | 50.09 | 88.07 | 116 | 154 | 199 | 233 | 278 | 359 | 392 |
| Expenses | 1.01 | 0.00 | 43.08 | 80.24 | 104 | 138 | 178 | 207 | 248 | 324 | 350 |
| Operating Profit | −1.01 | 0.00 | 7.02 | 8.01 | 11.02 | 16.04 | 22.04 | 25.04 | 32.06 | 36.06 | 44.13 |
| OPM % | — | — | 13.0% | 9.0% | 10.0% | 10.0% | 11.0% | 11.0% | 11.0% | 10.0% | 11.0% |
| Other Income | 0.00 | −0.99 | 0.00 | 0.00 | 0.99 | 0.00 | 0.00 | 0.99 | 0.00 | 5.99 | 0.00 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.00 | 0.99 | 0.99 | 1.99 | 2.99 | 2.99 | 3.99 | 3.99 | 5.98 | 6.98 |
| Profit before tax | −0.99 | −0.99 | 4.98 | 6.98 | 9.96 | 12.95 | 17.93 | 21.92 | 27.88 | 34.88 | 36.89 |
| Tax % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 1.0% | 0.0% | 1.0% | 0.0% | 2.0% | 0.0% |
| Exceptional items | 0.00 | −0.99 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Profit | −0.99 | −0.99 | 4.99 | 6.99 | 9.99 | 12.99 | 18.01 | 21.99 | 27.99 | 35.01 | 36.98 |
| EPS (Rs) | −0.02 | −0.02 | 0.01 | 0.04 | 0.05 | 0.06 | 0.12 | 0.16 | 0.18 | 0.26 | 0.31 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Sales | 10.02 | 10.02 | 0.00 | 0.00 | 151 | 407 | 1,070 | 1,263 |
| Expenses | 9.03 | 9.02 | 3.01 | 1.01 | 138 | 367 | 957 | 1,129 |
| Operating Profit | 1.01 | 1.01 | −3.01 | −1.01 | 13.02 | 41.11 | 114 | 137 |
| OPM % | 10.0% | 8.0% | — | — | 9.0% | 10.0% | 11.0% | 10.9% |
| Other Income | 0.99 | 0.00 | 0.99 | 0.00 | 0.00 | 0.99 | 6.99 | 6.98 |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.99 | 0.99 | 0.99 | 0.99 | 1.99 | 6.98 | 17.93 | 20.94 |
| Profit before tax | 0.00 | −0.99 | −2.99 | −0.99 | 10.97 | 34.86 | 104 | 122 |
| Tax % | 0.0% | −10.0% | −3.0% | −4.0% | 0.0% | 0.0% | 1.0% | — |
| Exceptional items | 0.99 | 0.00 | 0.00 | 0.00 | −0.99 | 0.00 | 0.00 | 0.00 |
| Net Profit | 0.00 | −0.99 | −3.01 | −0.99 | 10.99 | 34.98 | 103 | 122 |
| EPS (Rs) | 0.00 | −0.02 | −0.04 | −0.01 | 0.20 | 0.16 | 0.73 | 0.91 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | — |
| Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | — | 25.99 | 26.03 | 26.02 | 26.06 | 97.05 | 107 | 116 |
| Reserves | — | 23.08 | 22.08 | 18.07 | 10.04 | 13.05 | 54.21 | 216 |
| Borrowings | — | 3.99 | 2.99 | 2.99 | 4.00 | 0.00 | 0.00 | 6.00 |
| Other Liabilities | — | 2.99 | 1.99 | 2.01 | 2.01 | 5.97 | 2.01 | 5.03 |
| Total Liabilities | — | 55.05 | 53.09 | 49.09 | 42.11 | 117 | 163 | 343 |
| Fixed Assets | — | 19.05 | 13.04 | 12.04 | 11.04 | 64.16 | 124 | 258 |
| CWIP | — | 12.03 | 11.03 | 11.03 | 11.03 | 1.01 | 10.02 | 22.08 |
| Investments | — | 9.03 | 18.05 | 18.05 | 18.05 | 6.01 | 6.01 | 24.08 |
| Other Assets | — | 15.94 | 10.97 | 7.97 | 2.99 | 45.89 | 23.94 | 38.85 |
| Inventories | 2.68 | 3.84 | 1.67 | 1.50 | 0.88 | 0.00 | 0.00 | 0.00 |
| Trade receivables | 3.27 | 5.75 | 5.26 | 2.81 | 1.43 | 1.48 | 1.52 | 1.86 |
| Cash & equivalents | 0.03 | 0.08 | 0.01 | 0.01 | 0.00 | 23.67 | 10.04 | 27.11 |
| Total Assets | — | 55.05 | 53.09 | 49.09 | 42.11 | 117 | 163 | 343 |
| Mar 2019 | Mar 2021 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Cash from operating activity | 0.00 | 0.00 | −0.99 | 48.81 | 143 |
| Cash from investing activity | −17.92 | 0.00 | −24.89 | −74.72 | −175 |
| Cash from financing activity | 18.04 | 0.00 | 50.16 | 12.03 | 49.13 |
| Net cash flow | 0.00 | 0.00 | 24.06 | −14.01 | 17.03 |
| Capex | 0.00 | 0.00 | 32.93 | 75.88 | 157 |
| Free cash flow | 0.00 | 0.99 | −33.90 | −26.95 | −12.97 |
| CFO / OP % | 2.0% | −15.0% | −10.0% | 119.0% | 126.0% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor days | 210 | 192 | — | — | 4 | 1 | 1 |
| Inventory days | 216 | 74 | 3,241 | 3,247 | — | — | — |
| Days payable | 38 | 0 | 0 | 219 | — | — | — |
| Cash conversion cycle | 390 | 268 | — | — | 5 | 2 | 2 |
| Working capital days | 334 | 250 | — | — | 40 | 11 | 3 |
| ROCE % | — | −1.0% | −6.0% | — | 15.0% | 25.9% | 42.0% |
For the Jun 2026 quarter, String Metaverse reported sales of ₹392 Cr, up 96.8% year on year and net profit of ₹36.98 Cr, up 105.3% year on year. The operating margin was 11.0%.
String Metaverse's sales for the year to Mar 2026 were ₹1,070 Cr; over the last twelve months they were ₹1,263 Cr.
Net profit for the year to Mar 2026 was ₹103 Cr, and ₹122 Cr over the last twelve months. Earnings per share over the same trailing period were ₹0.91.
String Metaverse reported borrowings of ₹6 Cr at Mar 2026, against cash and equivalents of ₹27.11 Cr.
Cash from operations was ₹143 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹12.97 Cr.