TickerSutra

NSE: INTELLECT · BSE: 538835 · ISIN INE306R01017

Intellect Design Arena Limited stock analysis

Intellect Design Arena Limited ranks #1352 in the TickerSutra evidence-ranked universe with a score of 54/100 and 95% data confidence. The latest captured fundamentals show ROCE of 16.0%, quarterly sales growth of 20.4% and quarterly profit growth of 8.0%.
Complete evidence gate pass governance reviewUpdated 29 Sept 2026
TICKERSUTRA SCORE54/100

Monitor only

#1352 of 5,430 ranked equities
Market capitalisation₹9,712.71cr
ROCE16.0%
Quarterly sales growth20.4%
Quarterly profit growth8.0%
P/E ratio26.3×
Promoter pledge0.0%

INVESTMENT EVIDENCE

What supports—and challenges—the thesis

Evidence in favour

  • Low debt/equity of 0.05×
  • Strong CFO/EBITDA of 0.87×
  • CWIP indicates an active capacity pipeline
  • No promoter shares are reported as pledged

Risks and constraints

  • No calculated threshold risk in the current snapshot.

Still unresolved: Related-party exposure · Broad media sentiment

FINANCIAL TRAJECTORY

Recent operating history

PeriodRevenueOperating profitNet profitOperating margin
2022₹1,878cr₹475cr₹350cr25.0%
2023₹2,231cr₹439cr₹269cr20.0%
2024₹2,506cr₹542cr₹323cr22.0%
2025₹2,500cr₹531cr₹334cr21.0%
2026₹3,038cr₹584cr₹343cr19.0%
TTM₹3,182cr₹603cr₹351cr19.0%
Debt / equity0.05×
CFO / EBITDA0.87×
Operating margin19.0%
Free cash flow₹291cr
Sales CAGR · 3Y10.8%
Profit CAGR · 3Y8.4%

EXCHANGE EVENT TRIGGERS

Latest corporate disclosures

1 positive catalysts0 negative catalysts7 routine filings

MANAGEMENT COMMENTARY

Signals from filed documents

Market share gainHigh severity · 1 mention
Positive catalyst

We had another three custody deals, which shows us wealth is coming into India, also supporting the market strategy. We won three large deals on the Custody side, further expanding our market leadership in India. From an APAC perspective, we had two deals across Southeast Asia and one deal in East Africa, further expanding our individual franchises over there.

Margin expansionHigh severity · 2 mentions
Positive catalyst

So, it can break up on that in coming years, on an on a annual basis only if you can do that in coming years. Arun Jain: Yeah, the only thing you can look at is, right, iGTB will be operating at a much higher margin. But headcount revenue from iGTB will be much higher than the ₹ 50-lakh average.

Pricing pressureHigh severity · 2 mentions
Risk easing

I understand few people can do, not everybody can do it, but how are you seeing this trend of build versus buy? Are you seeing any pricing pressures because of it? Because it's a little bit confusing.

Operating leverageHigh severity · 7 mentions
Positive catalyst

So, the good news is that headcount cost and whatever the salary increase cost is there, it got accommodated into the same cost structure. That's very positive news from that perspective that operating leverage can start coming now. Rahul Jain: So, sir, just to conclude from your remark, which you just mentioned, is it safer to assume, given that we have decent growth momentum thought process on an annual basis, we s

Export market updatesModerate severity · 2 mentions
Constructive

STRATEGIC BUSINESS PROGRESS FY26 marked another year of disciplined execution against the Company's long-term strategy of building a global, intellectual property-led financial technology business. The Board continued to focus on strengthening Intellect's market position through sust ained investments in innovation, expansion across strategic international markets and deeper engagement with financial institutions und

Regulatory updatesModerate severity · 31 mentions
Watch

Financial institutions need more than access to a language model, which we hear a lot out there. They need an AI that can work with Enterprise Knowledge, establish workflows, governance, frameworks, security controls and regulatory requirements. #2 The second value we have seen from AI is internal transformation.

Regulatory approvalLow severity · 12 mentions
Watch

Shivakumar (DIN: 00364444) was appointed as an Independent Director of the Company for a term of five years from January 30, 2026 to January 29, 2031, not liable to retire by rotation at the Board Meeting held on January 30, 2026. The same was duly approved by the shareholders through postal ballot (remote e -voting process) with requisite majority on March 12, 2026. Prakash Bharadwaj was appointed as Company Secreta

Management confidenceLow severity · 1 mention
Constructive

Purple Fabric was designed precisely for this moment. While our journey has only begun, we remain confident that the platform represents one of the most significant long-term opportunities for value creation for your Company. Growth by Design As shareholders, many of you evaluate our trajectory through the lens of growth, profitability, and near-term financial performance.

Working capital stretchLow severity · 1 mention
Risk easing

Contextual by design with a decoupled data architecture and fine-grained experience APIs designed to build signature corporate experiences that go way beyond corporate online banking. Liquidity Management: Treasury teams today require more than static cash visibility to navigate volatility and growing working capital pressures. eMACH.ai Liquidity Management enables institutions to move towards intelligent liquidity o

Institutional interestLow severity · 1 mention
Watch

By leveraging Purple Fabric's enterprise -grade multi-agent orchestration, iESG converts complex international sustainability benchmarks into an automated, low-latency scoring engine. This enables institutional investors, asset managers, and corporate banks to seamlessly embed ESG compliance into their risk -assessment frameworks, inv estment portfolios, and core banking operations. For details on Research & Developm

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

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