TickerSutra

NSE: 63MOONS · BSE: 526881 · ISIN INE111B01023

63 moons technologies limited stock analysis

63 moons technologies limited ranks #2928 in the TickerSutra evidence-ranked universe with a score of 43/100 and 95% data confidence. The latest captured fundamentals show ROCE of -3.7%, quarterly sales growth of 350.4% and quarterly profit growth of -203.6%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE43/100

Avoid / exit review

#2928 of 5,430 ranked equities
Market capitalisation₹3,997.04cr
ROCE-3.7%
Quarterly sales growth350.4%
Quarterly profit growth-203.6%
P/E ratio0.0×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • Low debt/equity of 0×
  • Strong CFO/EBITDA of 1.04×
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • Extreme base-effect growth requires manual validation

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹160cr₹-117cr₹-56cr-73.0%
2023₹290cr₹-27cr₹-27cr-9.0%
2024₹369cr₹84cr₹210cr23.0%
2025₹47cr₹-238cr₹-47cr-509.0%
2026₹212cr₹-282cr₹-54cr-133.0%
TTM₹318cr₹-299cr₹-99cr-94.0%
Debt / equity0.00×
CFO / EBITDA1.04×
Operating margin-94.0%
Free cash flow₹-336cr
Sales CAGR · 3Y-9.9%
Profit CAGR · 3YUnavailable

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

1 positive catalysts0 negative catalysts9 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Export growthModerate severity · 1 mention
Positive catalyst

India’s fiscal deficit for FY26 stood at 4.4% of the GDP for the year-ended March 31, 2026, which was in line with the government's revised estimates presented in February 2026. In terms of India’s performance on the external front, merchandise exports grew by 0.9% during FY26, against the growth of 0.1% recorded in FY25. During FY26, imports grew to 7.6%, showing a marginal rise of 6.9% over the last year.

Regulatory observationModerate severity · 3 mentions
Negative warning

The Company has received an amount of ₹ 2,44,06,030/- on 18.06.2024, towards 24,40,603 equity shares of ₹ 10/- each for capital reduction. Further, during the financial year 2025-26, the Company has received warning letters from BSE and NSE dated 20th February, 2026, stating that the disclosure filed on 27th January, 2026, regarding Metropolitan Stock Exchange of India (MSE’s) trading engine was not in compliance wit

Regulatory updatesModerate severity · 50 mentions
Constructive

Post payment default in July 2013, NSEL does not have business of its own and in the near future there does not seem to be any possibility of NSEL generating any funds for its own functioning. NSEL has no revenue and has accumulated losses of ₹ 42,884.75 lakhs and most of its assets are frozen by various regulatory authorities. Considering the remote possibility of recovery of its investments, during the year Company

Regulatory approvalLow severity · 26 mentions
Watch

The voting commenced on April 17, 2025 and concluded on May 17, 2025. The Report on results of e-voting submitted by the Scrutinizer and approved by the Chairperson on May 19, 2025 states that a whopping 92.81% of traders in number and 91.35% in value voted in favour of the resolution thereby giving their assent to the Scheme of settlement. This settlement would bring major relief for the traders whose monies were st

Institutional interestLow severity · 4 mentions
Watch

The Whistle Blower Policy is available on the Company’s website at https://www.63moons.com/investors/ corporate-governance/policies/Whistle-Blower-Policy.pdf 14.3.6 Details of preferential allotment or qualified institutional placement as specified under Regulation 32(7A) of the Listing Regulations. The Company has not raised funds through preferential allotment or qualified institutional placement. 14.3.7 Certificat

Export market updatesLow severity · 1 mention
Watch

Functional and managerial experience Knowledge and skills in Accounting and finance, Taxation, crisis response and management, industry knowledge, sales and marketing. Global exposure Understanding of global business dynamics across various international markets and guiding the management. 2.4 Board Meetings Decisions relating to business strategies, legal issues, risks, policies and operations of the Company are tak

HOW TO READ THIS PAGE

Evidence, freshness and limitations

What does the TickerSutra score mean?

The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.

Which sources support this page?

Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.

Why can an item be unresolved?

Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.

Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer

DIRECTOR & BUSINESS NETWORK

Loading corporate intelligence

Loading universe coverage and exchange-backed evidence…