Kandarp Digi Smart BPO (KANDARP)₹67.20+2.05%Business Process Outsourcing (BPO)/ Knowledge Process Outsourcing (KPO)
In the Mar 2026 quarter (standalone), Kandarp Digi Smart BPO reported sales of ₹16.37 Cr, up 3.9% from Mar 2025, and net profit of ₹1.12 Cr, down 14.5% year on year. For the year to Mar 2026, sales were ₹39.80 Cr and net profit ₹1.84 Cr.
Company filings, standalone accounts; latest reported quarter Mar 2026
| Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Sales | 9.14 | 6.92 | 9.62 | 8.62 | 15.75 | 23.40 | 16.37 |
| Expenses | 7.50 | 5.94 | 7.72 | 7.58 | 13.01 | 21.42 | 14.32 |
| Operating Profit | 1.62 | 0.96 | 1.87 | 1.02 | 2.69 | 1.90 | 1.99 |
| OPM % | 17.7% | 13.8% | 19.4% | 11.8% | 17.1% | 8.2% | 12.2% |
| Other Income | 0.01 | 0.00 | 0.01 | 0.00 | 0.01 | 0.00 | 0.08 |
| Interest | 0.16 | 0.21 | 0.29 | 0.25 | 0.24 | 0.23 | 0.21 |
| Depreciation | 0.61 | 0.33 | 0.49 | 0.32 | 0.43 | 0.68 | 0.07 |
| Profit before tax | 0.87 | 0.43 | 1.11 | 0.45 | 2.04 | 0.99 | 1.80 |
| Tax % | 13.7% | 29.6% | 36.7% | 41.4% | 35.7% | 28.1% | 37.6% |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | −0.03 | 0.00 | 0.00 |
| Net Profit | 0.75 | 0.30 | 0.69 | 0.27 | 1.31 | 0.71 | 1.12 |
| EPS (Rs) | 0.86 | 0.34 | 0.77 | 0.32 | 1.46 | 0.81 | 1.25 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Sales | 11.06 | 10.02 | 10.43 | 12.81 | 16.13 | 16.53 | 24.38 | 39.80 |
| Expenses | 8.70 | 8.11 | 10.01 | 11.24 | 13.93 | 13.64 | 20.59 | 35.75 |
| Operating Profit | 2.32 | 1.87 | 0.37 | 1.54 | 2.15 | 2.83 | 3.71 | 3.88 |
| OPM % | 21.0% | 18.7% | 3.5% | 12.0% | 13.3% | 17.1% | 15.3% | 9.8% |
| Other Income | 0.02 | 0.12 | 0.11 | 0.00 | 0.01 | 0.02 | 0.01 | 0.08 |
| Interest | 0.25 | 0.27 | 0.25 | 0.25 | 0.29 | 0.50 | 0.49 | 0.43 |
| Depreciation | 0.14 | 0.24 | 0.10 | 0.06 | 0.63 | 0.81 | 0.74 | 0.74 |
| Profit before tax | 1.96 | 1.49 | 0.14 | 1.24 | 1.25 | 1.55 | 2.50 | 2.80 |
| Tax % | 25.0% | 26.1% | 33.4% | 28.8% | 19.1% | 35.3% | 36.3% | 34.2% |
| Exceptional items | 0.00 | 0.00 | 0.06 | 0.00 | 0.00 | 0.00 | −0.03 | 0.00 |
| Net Profit | 1.47 | 1.11 | 0.10 | 0.88 | 1.01 | 1.00 | 1.58 | 1.84 |
| EPS (Rs) | 21.24 | 16.08 | 1.57 | 1.41 | 1.15 | 1.12 | 1.76 | 2.05 |
| Dividend payout % | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.71 | 0.71 | 0.71 | 6.29 | 9.00 | 9.00 | 8.99 | 8.99 |
| Reserves | 5.08 | 6.19 | 6.30 | 1.49 | 7.90 | 8.95 | 10.66 | 21.19 |
| Borrowings | 1.20 | 1.72 | 2.91 | 1.93 | 2.63 | 4.81 | 4.19 | 3.53 |
| Other Liabilities | 2.29 | 3.29 | 7.28 | 8.88 | 6.57 | 2.86 | 5.43 | 9.52 |
| Total Liabilities | 9.28 | 11.91 | 17.20 | 18.59 | 26.10 | 25.62 | 29.27 | 43.23 |
| Fixed Assets | 0.43 | 0.22 | 0.14 | 1.42 | 4.43 | 3.61 | 4.88 | 4.76 |
| CWIP | 2.75 | 4.17 | 6.99 | 7.28 | 7.54 | 7.61 | 5.61 | 5.01 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Assets | 6.10 | 7.52 | 10.07 | 9.89 | 14.13 | 14.40 | 18.78 | 33.46 |
| Trade receivables | 3.74 | 5.49 | 8.32 | 8.16 | 10.15 | 10.27 | 14.98 | 24.62 |
| Cash & equivalents | 0.71 | 0.28 | 0.16 | 0.10 | 0.25 | 0.97 | 1.31 | 2.41 |
| Total Assets | 9.28 | 11.91 | 17.20 | 18.59 | 26.10 | 25.62 | 29.27 | 43.23 |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Cash from operating activity | 0.88 | 0.63 | 1.64 | −3.02 | −3.65 | −1.38 | 0.80 | −2.25 |
| Cash from investing activity | −1.37 | −1.34 | −2.74 | −1.38 | −4.73 | 0.42 | 0.64 | −4.03 |
| Cash from financing activity | 0.66 | 0.25 | 0.95 | 4.34 | 8.50 | 1.69 | −1.09 | 7.36 |
| Net cash flow | 0.19 | −0.42 | −0.11 | −0.05 | 0.16 | 0.74 | 0.32 | 1.09 |
| Capex | 1.40 | 1.43 | 2.82 | 1.32 | 3.60 | 0.00 | 1.99 | 0.00 |
| Free cash flow | −0.53 | −0.81 | −1.17 | −4.90 | −7.26 | −1.47 | 0.80 | −2.28 |
| CFO / OP % | 64.9% | 64.9% | 560.9% | 192.9% | −155.1% | −36.1% | 38.9% | −40.1% |
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|
| Debtor days | 124 | 201 | 292 | 233 | 230 | 227 | 225 | 226 |
| Cash conversion cycle | 123 | 200 | 291 | 232 | 229 | 226 | 224 | 225 |
| Working capital days | 71 | 84 | −10 | −33 | 109 | 142 | 132 | 170 |
| ROCE % | — | 22.5% | 3.3% | 15.1% | 10.5% | 9.7% | 12.9% | 11.2% |
For the Mar 2026 quarter, Kandarp Digi Smart BPO reported sales of ₹16.37 Cr, up 3.9% year on year and net profit of ₹1.12 Cr, down 14.5% year on year. The operating margin was 12.2%.
Kandarp Digi Smart BPO's sales for the year to Mar 2026 were ₹39.80 Cr.
Net profit for the year to Mar 2026 was ₹1.84 Cr. Earnings per share over the same trailing period were ₹2.05.
Kandarp Digi Smart BPO reported borrowings of ₹3.53 Cr at Mar 2026, against cash and equivalents of ₹2.41 Cr.
Cash from operations was −₹2.25 Cr in the year to Mar 2026; after capital spending, free cash flow was −₹2.28 Cr.