Established in 1996, SoftTech Engineers Ltd has carved a niche in the realm of information technology services. Specializing in design, development, installation, and servicing, the company has steadily evolved to meet the dynamic demands of the tech industry. In this article, we delve into the comprehensive landscape of SoftTech Engineers Ltd, exploring its journey, offerings, and impact on the IT sector.
From its inception to its present endeavors, we unravel the core facets that define this pioneering entity, reflecting its commitment to innovation and excellence. Join us as we uncover the intricacies of SoftTech Engineers Ltd and its enduring legacy in the digital realm.
About SoftTech Engineers
SoftTech Engineers Ltd (STEL) stands as a frontrunner in the realm of software development and intellectual property, primarily focusing on the architecture, engineering, and construction (AEC) sectors. With a comprehensive suite of products catering to every stage of the construction lifecycle, STEL has garnered the trust of over 4500 clients across India and beyond. Among its flagship offerings is AutoDCR, an innovative online building plan scrutiny and approval system utilized by over 500 local government bodies in India. Additionally, the company’s PWIMS platform revolutionizes project management with its web-based application, covering essential functions from budgeting to project monitoring.
Noteworthy is OPTICON, an ERP software designed for construction project management, ensuring real-time tracking of information. BIMDCR introduces cutting-edge model-based design concepts, while RuleBuddy streamlines investment risk analysis and project feasibility. With its diverse and sophisticated product portfolio, STEL remains at the forefront of technological innovation in the construction industry, facilitating efficiency and compliance at every step.
SoftTech Engineers Ltd’s Q3 Performance Highlights: Sales Surge Amidst Steady Operations
- SoftTech Engineers Ltd witnessed a substantial uptick in sales during the third quarter of the fiscal year.
- Operational profit margin remained consistent at 30.03%, indicating ongoing operational efficiency.
- Other income experienced a minor uptick compared to the preceding quarter.
- Interest expenses remained relatively stable, reflecting prudent financial management practices.
- Despite a slight increase in depreciation, the company maintained a healthy profit before tax.
- However, there was a noticeable decline in net profit compared to the previous quarter.
- Earnings per share (EPS) also saw a decrease, signaling a reduction in profitability on a per-share basis.
- The tax rate for the quarter stood at 29.15%, slightly higher than the preceding quarter but remained manageable.
- Overall, while the company displayed robust sales performance and operational efficiency, there is room for improvement in sustaining profitability and managing tax liabilities effectively.
Below are the trading platforms that you can use to purchase SoftTech Engineers’ shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| April 2024 | 345.60 | 300.52 |
| May 2024 | 340.49 | 296.08 |
| June 2024 | 352.75 | 306.74 |
| July 2024 | 349.22 | 303.67 |
| August 2024 | 363.19 | 315.82 |
| September 2024 | 377.72 | 328.45 |
| October 2024 | 370.31 | 322.01 |
| November 2024 | 381.42 | 331.67 |
| December 2024 | 390.96 | 339.96 |
SoftTech Engineers Ltd’s share price target for 2024 reflects a promising trajectory, with a consistent upward trend observed throughout the year. From April to December, the maximum price ranged between ₹345.60 to ₹390.96, while the minimum price ranged from ₹296.08 to ₹339.96. This bullish performance aligns with the company’s solid fundamentals, boasting a market capitalization of ₹410 Cr.
The current price stands at ₹320 as of April 2nd, 2024, with a notable high/low range of ₹344 to ₹122. With a stock P/E of 64.5 and a book value of ₹102, SoftTech Engineers Ltd demonstrates strong potential for growth and value appreciation in the market.
| When | Maximum Price | Minimum Price |
| January 2025 | 398.78 | 306.75 |
| February 2025 | 409.00 | 314.62 |
| March 2025 | 424.95 | 326.89 |
| April 2025 | 416.62 | 320.48 |
| May 2025 | 404.49 | 311.14 |
| June 2025 | 422.69 | 325.14 |
| July 2025 | 414.40 | 318.77 |
| August 2025 | 427.22 | 328.63 |
| September 2025 | 442.17 | 340.13 |
| October 2025 | 453.67 | 348.97 |
| November 2025 | 465.01 | 357.70 |
| December 2025 | 476.63 | 366.64 |
SoftTech Engineers Ltd’s share price target for 2025 presents a bullish outlook, with a consistent upward trajectory projected throughout the year. From January to December, the maximum price ranges from ₹398.78 to ₹476.63, while the minimum price ranges between ₹306.75 to ₹366.64. This anticipated growth aligns with the company’s diverse service offerings, including GIS solutions and services, facilitated by their partnership with ESRI India.
Additionally, SoftTech specializes in Building Information Modeling, providing 3D modeling services, project scheduling, monitoring, project costing, facility management, and MEP coordination drawing preparation. Such robust services contribute to the company’s positive market sentiment, indicating potential for sustained value appreciation in the coming year.
| When | Maximum Price | Minimum Price |
| January 2026 | 490.93 | 377.64 |
| February 2026 | 503.52 | 387.32 |
| March 2026 | 523.16 | 402.43 |
| April 2026 | 512.90 | 394.54 |
| May 2026 | 497.96 | 383.05 |
| June 2026 | 520.37 | 400.28 |
| July 2026 | 510.16 | 392.43 |
| August 2026 | 525.94 | 404.57 |
| September 2026 | 544.35 | 418.73 |
| October 2026 | 558.50 | 429.62 |
| November 2026 | 572.47 | 440.36 |
| December 2026 | 586.78 | 451.37 |
SoftTech Engineers Ltd’s share price target for 2026 foresees a robust upward trajectory, reflecting sustained growth throughout the year. From January to December, the maximum price is expected to range from ₹490.93 to ₹586.78, while the minimum price is projected between ₹377.64 to ₹451.37. This optimistic outlook is bolstered by the company’s innovative product offerings. CIVIT, a cloud platform, aims to streamline collaboration among stakeholders in the building and infrastructure ecosystem, enhancing efficiency through SaaS-based solutions.
Additionally, the AmpliNxt program underscores SoftTech’s commitment to leveraging cutting-edge technologies like AI/ML, AR/VR, IoT, and blockchain to drive innovation in the Architectural, Engineering, and Construction sector in India. Such initiatives position SoftTech Engineers Ltd for continued success and market leadership in the coming year.
| When | Maximum Price | Minimum Price |
| January 2027 | 598.51 | 460.40 |
| February 2027 | 613.86 | 472.20 |
| March 2027 | 637.80 | 490.62 |
| April 2027 | 625.30 | 481.00 |
| May 2027 | 607.08 | 466.99 |
| June 2027 | 634.40 | 488.00 |
| July 2027 | 621.96 | 478.43 |
| August 2027 | 641.20 | 493.23 |
| September 2027 | 663.64 | 510.49 |
| October 2027 | 680.90 | 523.77 |
| November 2027 | 697.92 | 536.86 |
| December 2027 | 715.37 | 550.28 |
SoftTech Engineers Ltd’s share price target for 2027 anticipates continued growth, with the maximum price ranging from ₹598.51 to ₹715.37 and the minimum price from ₹460.40 to ₹550.28 across the months. This optimistic trajectory is supported by the company’s expanding global presence. SoftTech has established overseas subsidiaries in the USA, Finland, and Singapore, enhancing its reach and customer base. Investments in subsidiaries, totaling Rs. 8.44 crore as of March 31st, 2023, demonstrate commitment to international operations.
The company’s initiatives include extending its CIVIT platform to Malaysia through an MoU signed on July 22nd, 2023, and incorporating Softtech Engineers Digital Limited, a Wholly Owned Subsidiary, in the United Kingdom on November 15th, 2023. Such strategic expansions position SoftTech Engineers Ltd for sustained growth and market leadership in the global arena.
| When | Maximum Price | Minimum Price |
| January 2028 | 729.67 | 561.29 |
| February 2028 | 748.38 | 575.68 |
| March 2028 | 777.57 | 598.13 |
| April 2028 | 762.32 | 586.40 |
| May 2028 | 740.12 | 569.32 |
| June 2028 | 773.42 | 594.94 |
| July 2028 | 758.26 | 583.28 |
| August 2028 | 781.71 | 601.32 |
| September 2028 | 809.07 | 622.36 |
| October 2028 | 830.11 | 638.54 |
| November 2028 | 850.86 | 654.51 |
| December 2028 | 872.13 | 670.87 |
- January 2028: ₹561.29 (Minimum)
- December 2028: ₹872.13 (Maximum)
| When | Maximum Price | Minimum Price |
| January 2029 | 889.57 | 684.29 |
| February 2029 | 912.38 | 701.83 |
| March 2029 | 947.97 | 729.20 |
| April 2029 | 929.38 | 714.91 |
| May 2029 | 902.31 | 694.08 |
| June 2029 | 942.91 | 725.32 |
| July 2029 | 924.42 | 711.10 |
| August 2029 | 953.01 | 733.09 |
| September 2029 | 986.37 | 758.75 |
| October 2029 | 1,012.02 | 778.47 |
| November 2029 | 1,037.32 | 797.94 |
| December 2029 | 1,063.25 | 817.88 |
- January 2029: ₹684.29(Minimum)
- December 2029: ₹1,063.25 (Maximum)
| When | Maximum Price | Minimum Price |
| January 2030 | 1,084.51 | 834.24 |
| February 2030 | 1,112.32 | 855.63 |
| March 2030 | 1,155.70 | 889.00 |
| April 2030 | 1,133.04 | 871.57 |
| May 2030 | 1,100.04 | 846.18 |
| June 2030 | 1,149.54 | 884.26 |
| July 2030 | 1,127.00 | 866.92 |
| August 2030 | 1,161.86 | 893.74 |
| September 2030 | 1,202.52 | 925.02 |
| October 2030 | 1,233.79 | 949.07 |
| November 2030 | 1,264.63 | 972.79 |
| December 2030 | 1,296.25 | 997.11 |
- January 2030: ₹834.24 (Minimum)
- December 2030: ₹1,296.25 (Maximum)
Financial Condition of Softtech Engineers: Last 5 Years
| Financials | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|
| Sales (in Rs. Crores) | 62.76 | 57.95 | 41.57 | 57.46 | 65.34 |
| Expenses (in Rs. Crores) | 46.76 | 42.49 | 28.42 | 41.04 | 43.94 |
| Operating Profit (in Rs. Crores) | 16.00 | 15.46 | 13.15 | 16.42 | 21.40 |
| Other Income (in Rs. Crores) | 0.80 | 0.95 | 0.98 | 1.97 | 1.71 |
| Interest (in Rs. Crores) | 1.83 | 1.84 | 3.32 | 3.01 | 4.05 |
| Depreciation (in Rs. Crores) | 4.04 | 3.72 | 5.50 | 7.64 | 10.46 |
| Profit before tax (in Rs. Crores) | 10.93 | 10.85 | 5.31 | 7.74 | 8.60 |
| Net Profit (in Rs. Crores) | 7.79 | 7.71 | 3.78 | 5.78 | 5.80 |
| EPS (in Rs) | 8.27 | 8.18 | 3.99 | 5.69 | 5.71 |
| Dividend Payout (%) | 6.05 | 0.00 | 0.00 | 0.00 | 0.00 |
- SoftTech Engineers’ financial performance over the last five years has seen fluctuations, with sales declining from Rs. 62.76 Crores in 2019 to Rs. 41.57 Crores in 2021 before rebounding to Rs. 65.34 Crores in 2023.
- Expenses remained relatively stable during this period, leading to varying levels of operating profits.
- Despite challenges, the company maintained positive net profits, although there was a slight decline in recent years.
- Earnings per share (EPS) followed a similar trajectory, reflecting the company’s profitability per share.
- Notably, dividend payouts ceased in the last five years.
FAQs
What is SoftTech Engineers Ltd’s current market capitalization?
SoftTech Engineers Ltd’s current market capitalization is ₹410 Crores.
SoftTech Engineers Ltd’s current share price target is ₹320 as of April 2nd, 2024.
The projected share price target for SoftTech Engineers Ltd in 2025 ranges from ₹398.78 to ₹476.63.
SoftTech Engineers Ltd’s forecasted share price target for 2030 ranges from ₹1,084.51 to ₹1,296.25.
What is SoftTech Engineers Ltd’s current price-to-earnings (P/E) ratio?
SoftTech Engineers Ltd’s current stock P/E ratio is 64.5.
What is the compounded profit growth rate for SoftTech Engineers Ltd over the past 5 years?
SoftTech Engineers Ltd’s compounded profit growth rate over the past 5 years is -3%.
What is the return on equity (ROE) for SoftTech Engineers Ltd over the past year?
SoftTech Engineers Ltd’s return on equity (ROE) over the past year is 6%.
How has SoftTech Engineers Ltd’s sales performance trended over the past 5 years?
SoftTech Engineers Ltd’s sales performance has fluctuated, with a decline in 2021 followed by a rebound in 2023.
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SoftTech Engineers Ltd has demonstrated resilience and innovation in the competitive landscape of information technology services, particularly in the architecture, engineering, and construction sectors. With a diverse suite of products catering to every stage of the construction lifecycle, the company has garnered the trust of over 4500 clients, reflecting its commitment to excellence and customer satisfaction. Despite facing fluctuations in sales and profitability over the past five years, SoftTech Engineers Ltd has maintained operational efficiency and positive net profits.
However, challenges such as a low return on equity, decreasing promoter holding, and stagnant dividend payouts warrant careful consideration. While the forecasted share price targets for 2024 to 2030 showcase promising growth potential, investors should assess risks associated with high stock valuation compared to book value and the company’s historical sales growth. Improved debtor days indicate efficient management of receivables, but sustained efforts are needed to enhance profitability and shareholder value in the long term.
What did we learn?
- 1 About SoftTech Engineers
- 2 SoftTech Engineers Ltd’s Q3 Performance Highlights: Sales Surge Amidst Steady Operations
- 3 How to Purchase SoftTech Engineers’ Shares?
- 4 Softtech Engineers’ Share Price Prediction 2024 – 2030
- 4.1 Softtech Engineers’ Share Price Target 2024
- 4.2 Softtech Engineers’ Share Price Target 2025
- 4.3 Softtech Engineers’ Share Price Target 2026
- 4.4 Softtech Engineers’ Share Price Target 2027
- 4.5 Softtech Engineers’ Share Price Target 2028
- 4.6 Softtech Engineers’ Share Price Target 2029
- 4.7 Softtech Engineers’ Share Price Target 2030
- 5 Financial Condition of Softtech Engineers: Last 5 Years
- 6 FAQs
- 6.1 What is SoftTech Engineers Ltd’s current market capitalization?
- 6.2 What is SoftTech Engineers Ltd’s current share price target?
- 6.3 What is the projected share price target for SoftTech Engineers Ltd in 2025?
- 6.4 What is SoftTech Engineers Ltd’s forecasted share price target for 2030?
- 6.5 What is SoftTech Engineers Ltd’s current price-to-earnings (P/E) ratio?
- 6.6 What is the compounded profit growth rate for SoftTech Engineers Ltd over the past 5 years?
- 6.7 What is the return on equity (ROE) for SoftTech Engineers Ltd over the past year?
- 6.8 How has SoftTech Engineers Ltd’s sales performance trended over the past 5 years?
- 7 Conclusion: SoftTech Engineers Ltd – Navigating Challenges and Fostering Growth
