Cigniti Technologies Ltd
Cigniti Technologies Limited provides digital assurance and software testing services in India, the United States of America, and internationally. The company offers digital assurance services, such as artificial intelligence, Internet of Things, blockchain, big data and analytics, and mobile testing services, as well as security assurance, robotic process automation, cloud migration assurance, and 5G assurance services. It also provides quality engineering services, including accessibility, DevOps, compatibility, functional, performance, security, regression, test automation, and crowdsourced testing. In addition, the company offers enterprise application assurance services comprising medical device testing, ERP testing, and salesforce testing; test management services, such as agile testing, service virtualization, and test data management; and test advisory and transformation services. Further, it provides digital engineering services, including legacy modernization, product engineering, enterprise application integration, modern AMS (application management services), SDLC automation, agile transformation, and agile transformation, as well as various artificial intelligence (AI) platforms. It serves banking and financial services, insurance, travel, transportation and hospitality, retail and consumer goods, public sector, and healthcare and life sciences industries. The company was formerly known as Chakkilam Infotech Limited and changed its name to Cigniti Technologies Limited. The company was incorporated in 1998 and is headquartered in Hyderabad, India. As of December 20, 2024, Cigniti Technologies Limited operates as a subsidiary of Coforge Limited.
Valuation
Profitability
Returns
Solvency
AI Summary
Indian StockStrengths1
- Strong 5-year revenue CAGR of 21.3%
Concerns0
Rule-based from financial data. Not advice.
Monthly Returns
Year-to-Date ROI
Historical Volatility
Historical Performance
Revenue, profitability, and cash flow trends (₹ Crores)
Revenue (10Y)
Operating Income (10Y)
Net Profit (10Y)
Operating Margin % (10Y)
Dividend Payout % (10Y)
Free Cash Flow (10Y)
Growth Summary
Latest fiscal year: Mar 2025
Historical Growth
Year-by-year revenue, profitability, and cash flow (₹ Crores, last 1 year)
| Year | Revenue | Op. Income | Net Profit | CFO | FCF | ROE | Rev Growth 1Y | NP Growth 1Y |
|---|---|---|---|---|---|---|---|---|
| Mar 2025 | ₹1.01 K Cr | — | ₹122.00 Cr | — | — | 18.7% | 27.6% | 28.4% |
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Financial Statements
Income statement, balance sheet, and cash flow (₹ Crores, as reported)
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Consolidated Figures in USD Millions.
| Unnamed: 0 | TTM |
|---|---|
| Revenue / Net Sales | 1,197 |
| Total Expenses | 946 |
| EBIT / Operating Profit | 251 |
| OPM % | 21% |
| Other Income | 30 |
| Finance Costs | 2 |
| Depreciation & Amortisation | 24 |
| Profit Before Tax | 255 |
| Tax % | - |
| Net Profit / PAT | 190 |
| EPS (₹) | 69.53 |
| Dividend Payout % | - |
Peer Comparison
Technology sector peers, ranked by market cap
| Company | Market Cap | Revenue | P/E | P/B | EV/EBITDA | Rev G 1Y |
|---|---|---|---|---|---|---|
| Cigniti Technologies Ltdthis co. | ₹4.64 K Cr | ₹1.01 K Cr | 24.40 | 6.17 | 30.69 | 27.6% |
| Bharti Airtel Ltd. | ₹12.19 L Cr | ₹1.09 L Cr | 50.40 | 8.31 | 27.19 | 15.8% |
| Tata Consultancy Services Ltd. | ₹11.84 L Cr | ₹2.15 L Cr | 24.20 | 13.91 | 18.91 | 6.2% |
| Infosys Ltd | ₹6.48 L Cr | ₹1.37 L Cr | 24.20 | 7.17 | 16.31 | 5.9% |
| HCL Technologies Ltd | ₹4.52 L Cr | ₹51.10 K Cr | 36.80 | 14.48 | — | 6.2% |
| Bharat Electronics Ltd. | ₹3.02 L Cr | ₹23.66 K Cr | 53.30 | 14.23 | 51.32 | 17.3% |
| Wipro Ltd. | ₹2.77 L Cr | ₹67.29 K Cr | 23.00 | 4.29 | 18.85 | 0.8% |
| Industry Average | — | ₹10.05 K Cr | 69.99 | 8.58 | 66.75 | 22.0% |