Icodex Publishing Solutions Key Ratios
BSE: 544483
₹38.00
As on 31-Aug-2026IST
Market cap
₹59 Cr
Revenue (TTM)
₹22 Cr
P/E Ratio
8.4
P/B Ratio
1
Div. Yield
0 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | -- | -- | 110.35 | 38.82 | -- |
| EBIT | -- | -- | 229.17 | 99.45 | -- |
| Net Profit | -- | -- | 103.69 | 90.90 | -- |
| EPS | -- | -- | 99.69 | 89.65 | -- |
| Book Value | -- | -- | 117.37 | 98.67 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | Mar-25 | Mar-24 | Mar-23 |
| EBIT-Margin
| 37.90 | -- | 58.68 | 37.50 | 17.53 |
| Net Margin
| 33.08 | -- | 40.56 | 40.02 | 18.64 |
| Return on equity
| 62.91 | -- | 64.81 | 68.79 | 55.11 |
| Return on Capital
| 68.17 | -- | 82.78 | 65.56 | 56.17 |
| Return on Assets
| 47.06 | -- | 50.57 | 53.23 | 37.37 |
| Debt to Equity (x)
| -- | -- | 0.16 | 0.10 | 0.01 |
Profitability
ROCE
82.78
Higher than Peers by 65.47
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
82.78
|
65.56
|
56.17
|
69.62
|
--
|
|
Peer Median
|
17.31
|
18.97
|
16.89
|
11.51
|
16.74
|
ROE
64.81
Higher than Peers by 51.34
Profit after tax / Average Net worth * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
64.81
|
68.79
|
55.11
|
54.06
|
--
|
|
Peer Median
|
13.47
|
15.21
|
11.99
|
8.42
|
14.32
|
ROA
50.57
Higher than Peers by 41.21
Profit after tax / Average Total assets * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
50.57
|
53.23
|
37.37
|
33.48
|
--
|
|
Peer Median
|
9.36
|
10.36
|
7.29
|
9.00
|
10.21
|
EBIT Margin
58.68
Higher than Peers by 45.83
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
58.68
|
37.50
|
17.53
|
19.79
|
--
|
|
Peer Median
|
12.85
|
11.93
|
10.74
|
10.21
|
13.52
|
Net Margin
40.56
Higher than Peers by 30.82
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
40.56
|
40.02
|
18.64
|
15.67
|
--
|
|
Peer Median
|
9.74
|
9.72
|
9.77
|
10.67
|
12.53
|
Cash Profit Margin
43.64
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
43.64
|
45.74
|
21.90
|
17.43
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
110.35
Higher than Peers by 98.97
Year on year growth in net sales
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
110.35
|
9.06
|
16.62
|
--
|
--
|
|
Peer Median
|
11.37
|
21.22
|
22.79
|
20.77
|
11.96
|
EBIT Growth
229.17
Higher than Peers by 215.01
Year on year growth in operating profit (EBIT)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
229.17
|
133.34
|
3.30
|
--
|
--
|
|
Peer Median
|
14.15
|
37.86
|
40.18
|
20.93
|
32.45
|
Net Profit Growth
103.69
Higher than Peers by 95.54
Year on year growth in profit after tax
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
103.69
|
142.69
|
40.73
|
--
|
--
|
|
Peer Median
|
8.15
|
58.06
|
33.39
|
5.10
|
64.26
|
EPS Growth
99.70
Higher than Peers by 96.56
Year on year growth in earnings per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
99.70
|
142.69
|
40.73
|
--
|
--
|
|
Peer Median
|
3.14
|
68.02
|
133.33
|
57.34
|
62.62
|
Book Value Growth
121.72
--
Year on year growth in book value per share
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
121.72
|
104.86
|
76.09
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.16
Higher than Peers by 0.15
Total debt / Net worth
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
0.16
|
0.10
|
0.01
|
--
|
--
|
|
Peer Median
|
0.00
|
0.02
|
0.04
|
0.04
|
0.02
|
Short term debt to equity ratio
0.16
--
(Short term borrowings / Net worth)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
0.16
|
0.10
|
0.00
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
2.03
Lower than Peers by 0.30
Current Assets / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
2.03
|
2.58
|
2.47
|
2.10
|
--
|
|
Peer Median
|
2.33
|
2.36
|
2.33
|
2.22
|
3.36
|
Quick Ratio
2.03
Lower than Peers by 0.70
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
2.03
|
2.58
|
2.47
|
2.10
|
--
|
|
Peer Median
|
2.73
|
2.46
|
2.22
|
2.82
|
3.20
|
Interest Coverage
58.81
Higher than Peers by 35.99
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
58.81
|
112.14
|
181.60
|
--
|
--
|
|
Peer Median
|
22.83
|
16.77
|
14.34
|
18.77
|
22.22
|
Operating Efficiency
Debtors to sales
22.58
Lower than Peers by 0.27
Debtors outstanding / Net Sales * 100
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
22.58
|
13.20
|
19.02
|
14.69
|
--
|
|
Peer Median
|
22.86
|
25.14
|
22.27
|
21.51
|
26.57
|
Asset Turnover
1.24
Higher than Peers by 0.35
Sales / Average Total Assets
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
1.24
|
1.26
|
1.97
|
2.13
|
--
|
|
Peer Median
|
0.88
|
0.85
|
0.82
|
0.87
|
0.82
|
Receivable days
52.67
--
Average Debtors / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
52.67
|
55.93
|
57.70
|
53.60
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
--
--
Current share price divided by earning per share in the last twelve months
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
37.05
|
38.68
|
62.74
|
22.19
|
30.27
|
Price / Book Value
--
--
Current share price divided by book value per share in the latest financial year
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
3.60
|
3.22
|
4.97
|
3.08
|
4.22
|
EV/EBITDA
0.85
Lower than Peers by 24.78
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
0.85
|
-0.45
|
-0.78
|
-0.83
|
--
|
|
Peer Median
|
25.63
|
29.72
|
57.19
|
13.82
|
27.43
|
Market Cap
--
--
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
Mar-25
|
Mar-24
|
Mar-23
|
Mar-22
|
Mar-21
|
|---|---|---|---|---|---|
|
Icodex Publishing Solutions
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
1,500
|
1,167
|
1,392
|
749
|
1,076
|