STRING METAVERSE LIMITED

STRING METAVERSE LIMITED

STRINGNSE / BSETechnologySmall Cap

₹9.38+₹0.28 (+3.1%)

Last close · Data as of Jun 3, 2026

Market cap
₹1,837 Cr
P/E
1193.0x
EV / EBITDA
974.5x
Revenue
₹12.3 Cr
Net margin
15.1%
ROCE
1.7%

-39.7% over the last year

STRING METAVERSE LIMITED price, 1Y

Daily closes.

Go deeper

Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools

Open technical chart
Open technical chartCandles, 9 moving averages, RSI, MACD, drawing tools

Performance

Price change over each period, before dividends.

1M
-8.2%
3M
-30.0%
6M
-67.3%
1Y
-39.7%
5Y
+188.6%

52-week range

Day change +₹0.28 (+3.1%) from ₹9 to ₹9 · Last close Jun 3, 2026

Best weekday to invest, historically

The same weekly amount in STRING, bought on each weekday since 2021.

AI Summary

Indian Stock

Strengths1

  • Strong 5-year revenue CAGR of 21.4%

Concerns1

  • Low return on equity of 0.7%

Rule-based from financial data. Not advice.

About the company

String Metaverse Limited, together with its subsidiaries, provides software development services in India. The company offers IT services; back-office services for gaming software; and other services in the fields of trade finance, trade-technology, financial technology, and trade receivables. It also builds a gaming universe that consists of play-to-earn games, real money games, esports, and GameFi.

Read moreShow less

String Metaverse Limited, together with its subsidiaries, provides software development services in India. The company offers IT services; back-office services for gaming software; and other services in the fields of trade finance, trade-technology, financial technology, and trade receivables. It also builds a gaming universe that consists of play-to-earn games, real money games, esports, and GameFi. In addition, the company invests in early-stage Web3.0 projects. Further, it provides liquidity for Web3.0 projects and protocols using AI-driven agents for digital interactions. String Metaverse Limited is based in Hyderabad, India.

Sector
Technology
Shares outstanding
11.6 Cr shares
ISIN
INE958L01026
BSE code
534535

Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.

Valuation

Market cap
₹1,837 Cr
P/E
1193.0x
P/B
11.4x
EV / EBITDA
974.5x
EV / Sales
418.3x
P/S
419.4x
Earnings yield
0.1%
52-week high
₹32.30
52-week low
₹7.57

Profitability

Operating margin
38.6%
Net margin
15.1%
EBITDA margin
42.9%
ROE
0.7%
ROCE
1.7%
ROA
0.6%
Dividend payout
0.0%
Tax rate
0.0%
Other income, % of PBT
28.8%

Growth

Revenue
₹12.3 Cr
Revenue growth, 1Y
182.0%
Revenue CAGR, 5Y
21.4%
EBITDA
₹1.88 Cr
EBITDA growth, 1Y
323.8%
Net profit growth, 1Y
-51.5%
Net profit CAGR, 5Y
85.6%
Cash from operations
₹3.48 Cr
Free cash flow
-₹15.4 Cr
Asset growth, 1Y
142.6%

Solvency and efficiency

Current ratio
13.08
Debt / Equity
0.00
Debt / Assets
0.00
Debt / EBITDA
0.16
Interest coverage
42.25
Financial leverage
1.05
CFO / Net profit
5.27
Cash / Market cap
1.4%
Cash per share
₹2.23
Asset turnover
0.04
Fixed asset turnover
0.11
Capital intensity
9.29
Debtor days
138 days
Cash conversion cycle
138 days

Where the revenue went

Of every ₹100 of FY2025 revenue, ₹3 was left as net profit.

STRING METAVERSE LIMITED income statement flow, FY2025
STRING METAVERSE LIMITED income statement flow, FY2025: flows
FromToAmount
SalesExpenses₹11 Cr
SalesOperating profit₹2 Cr
Operating profitInterest₹4.0 L
Operating profitDepreciation₹2 Cr
Other incomeDepreciation₹53 L
Other incomeProfit before tax₹32 L
Profit before taxNet profit₹32 L

Revenue and net profit

Revenue grew 182.0% in FY2025; net profit is the dashed line.

STRING METAVERSE LIMITED revenue and net profit by fiscal year
STRING METAVERSE LIMITED revenue and net profit by fiscal year
DateRevenueNet profit
FY2020₹1 Cr-₹57 L
FY2021₹0 Cr-₹4 Cr
FY2023₹0 Cr-₹1 Cr
FY2024₹4 Cr₹66 L
FY2025₹12 Cr₹32 L

Cash flows

FY2025: -₹8.97 Cr from operations, -₹27.8 Cr free after investment (dashed).

STRING METAVERSE LIMITED operating and free cash flow by fiscal year
STRING METAVERSE LIMITED operating and free cash flow by fiscal year
DateOperating cash flowFree cash flow
FY2020-₹3.0 L-₹3.0 L
FY2021-₹7.0 L₹5.0 L
FY2023₹0 Cr₹0 Cr
FY2024₹3 Cr-₹29 Cr
FY2025-₹9 Cr-₹28 Cr

Growth

Latest fiscal year FY2025 (ending March): each figure with its change over the year before.

Revenue
₹12 Cr+182.0%1Y
Net profit
₹32 L-51.5%1Y
Cash from operations
-₹9 Cr
Free cash flow
-₹28 Cr
Revenue CAGR, 5Y
21.4%
EBITDA CAGR, 5Y
26.1%
Net profit CAGR, 5Y
85.6%
YearRevenueOperating incomeEBITDANet profitCFOFCFROERevenue growth 1YNet profit growth 1Y
FY2025₹12 Cr₹2 Cr—₹32 L-₹9 Cr-₹28 Cr0.3%+182.0%-51.5%

Monthly returns

Month-by-month returns of STRING across the years, with the seasonal pattern.

Balance sheet

What the company owns and owes at the end of FY2025.

LineFY2025
Liabilities and equity₹114 Cr
Equity capital₹107 Cr
Reserves₹5 Cr
Borrowings₹20 L
Other liabilities₹2 Cr
Assets₹114 Cr
Fixed assets₹48 Cr
Capital work in progress₹4 Cr
Investments₹42 Cr
Other assets₹20 Cr

Market cap against peers

8 peers: same sector group, nearest by size.

P/E against peers

STRING trades at 1193.0x earnings against a peer median of 52.1x (a 2190% premium).

Peer comparison

Same-sector peers by market cap, with the median.

CompanyMarket capP/EP/BROEEV/EBITDA
STRING METAVERSE LIMITEDSTRINGthis companyP/E ↑ premium₹1,837 Cr1193.0x11.4x0.7%974.5x
Sandhar Technologies LimitedSANDHAR₹3,369 Cr19.2x2.7x10.9%13.3x
Advanced Enzyme Technologies LimitedADVENZYMES₹3,248 Cr26.5x4.8x18.6%22.1x
63 Moons Technologies Limited63MOONS₹3,203 Cr83.9x1.1x9.4%10.1x
Cyient DLM LimitedCYIENTDLM₹3,173 Cr42.1x3.3x6.7%22.3x
ROSSARI BIOTECH LIMITEDROSSARI₹3,016 Cr25.0x2.7x10.4%17.7x
Protean eGov Technologies LimitedPROTEAN₹2,888 Cr30.5x2.8x10.8%17.5x
Network People Services Technologies LimitedNPST₹2,762 Cr97.8x6.6x47.4%59.8x
MAGELLANIC CLOUD LIMITEDMCLOUD₹1,406 Cr82.2x6.5x9.2%38.4x
Peer median—52.1x7.8x14.5%34.2x

Year-to-date ROI

STRING since 1 January, against earlier years.

Historical volatility

STRING's day-to-day swings over 30, 60 and 180 days.

Financial statements

Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.

Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.

Operating margin by fiscal year

STRING METAVERSE LIMITED operating margin by fiscal year
STRING METAVERSE LIMITED operating margin by fiscal year
DateOperating margin
FY2020-11.1%
FY2021—
FY2023—
FY202438.6%
FY202513.9%
LineFY2025
RevenueSales₹12 Cr
Costs
Interest₹4.0 L
Expenses₹11 Cr
Profit before tax₹32 L

Learn while you research

Academy chapters picked for STRING METAVERSE LIMITED and the metrics on this page.

  1. 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
  2. 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
  3. 03 Valuation Multiples ExplainedThis stock trades at a P/E of 1193.0, learn when high multiples are justified.6 min read
  4. 04 Growth Investing182% revenue growth is in the top tier, learn how to value growth.7 min read
  5. 05 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
  6. 06 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
Browse the full Equiscale Academy →