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.
Below are the trading platforms that you can use to purchase SoftTech Engineers’ shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| June 2024 | 385.56 | 335.27 |
| July 2024 | 381.70 | 331.92 |
| August 2024 | 396.97 | 345.19 |
| September 2024 | 412.85 | 359.00 |
| October 2024 | 404.76 | 351.96 |
| November 2024 | 416.90 | 362.52 |
| December 2024 | 427.32 | 371.58 |
As of June 24, 2024, Softtech Engineers’ share price stands at ₹357 with a market cap of ₹457 Cr.
The stock, with a high/low of ₹378/130, a P/E of 137, a book value of ₹98.4, a ROCE of 6.62%, and an ROE of 2.98%, is projected to range between ₹335.27 and ₹427.32 from June to December 2024.
| When | Maximum Price | Minimum Price |
| January 2025 | 435.87 | 335.28 |
| February 2025 | 447.04 | 343.88 |
| March 2025 | 464.48 | 357.29 |
| April 2025 | 455.37 | 350.29 |
| May 2025 | 442.11 | 340.08 |
| June 2025 | 462.00 | 355.39 |
| July 2025 | 452.94 | 348.42 |
| August 2025 | 466.95 | 359.19 |
| September 2025 | 483.30 | 371.77 |
| October 2025 | 495.86 | 381.43 |
| November 2025 | 508.26 | 390.97 |
| December 2025 | 520.96 | 400.74 |
For 2025, Softtech Engineers’ share price is forecasted to fluctuate between ₹335.28 and ₹520.96, with the highest range expected in December 2025, reflecting a potential for significant growth.
| When | Maximum Price | Minimum Price |
| January 2026 | 536.59 | 412.76 |
| February 2026 | 550.35 | 423.35 |
| March 2026 | 571.82 | 439.86 |
| April 2026 | 560.60 | 431.23 |
| May 2026 | 544.28 | 418.67 |
| June 2026 | 568.77 | 437.51 |
| July 2026 | 557.62 | 428.94 |
| August 2026 | 574.86 | 442.20 |
| September 2026 | 594.98 | 457.68 |
| October 2026 | 610.45 | 469.58 |
| November 2026 | 625.71 | 481.32 |
| December 2026 | 641.36 | 493.35 |
In 2026, Softtech Engineers’ share price is projected to range from ₹412.76 to ₹641.36, with the highest potential in December, indicating continued upward momentum throughout the year
| When | Maximum Price | Minimum Price |
| January 2027 | 654.18 | 503.22 |
| February 2027 | 670.96 | 516.12 |
| March 2027 | 697.12 | 536.25 |
| April 2027 | 683.45 | 525.73 |
| May 2027 | 663.55 | 510.42 |
| June 2027 | 693.41 | 533.39 |
| July 2027 | 679.81 | 522.93 |
| August 2027 | 700.84 | 539.11 |
| September 2027 | 725.37 | 557.97 |
| October 2027 | 744.23 | 572.48 |
| November 2027 | 762.83 | 586.79 |
| December 2027 | 781.90 | 601.46 |
In 2027, Softtech Engineers’ share price is anticipated to vary between ₹503.22 and ₹781.90, with the highest prices expected towards the end of the year, suggesting robust growth potential throughout 2027
| When | Maximum Price | Minimum Price |
| January 2028 | 797.54 | 613.49 |
| February 2028 | 817.99 | 629.22 |
| March 2028 | 849.89 | 653.76 |
| April 2028 | 833.23 | 640.94 |
| May 2028 | 808.96 | 622.28 |
| June 2028 | 845.36 | 650.28 |
| July 2028 | 828.79 | 637.53 |
| August 2028 | 854.42 | 657.24 |
| September 2028 | 884.32 | 680.25 |
| October 2028 | 907.32 | 697.93 |
| November 2028 | 930.00 | 715.38 |
| December 2028 | 953.25 | 733.27 |
| When | Maximum Price | Minimum Price |
| January 2029 | 972.31 | 747.93 |
| February 2029 | 997.24 | 767.11 |
| March 2029 | 1,036.14 | 797.03 |
| April 2029 | 1,015.82 | 781.40 |
| May 2029 | 986.23 | 758.64 |
| June 2029 | 1,030.61 | 792.78 |
| July 2029 | 1,010.41 | 777.24 |
| August 2029 | 1,041.66 | 801.27 |
| September 2029 | 1,078.11 | 829.32 |
| October 2029 | 1,106.14 | 850.88 |
| November 2029 | 1,133.80 | 872.15 |
| December 2029 | 1,162.14 | 893.96 |
| When | Maximum Price | Minimum Price |
| January 2030 | 1,185.39 | 911.84 |
| February 2030 | 1,215.78 | 935.22 |
| March 2030 | 1,263.20 | 971.69 |
| April 2030 | 1,238.43 | 952.64 |
| May 2030 | 1,202.36 | 924.89 |
| June 2030 | 1,256.46 | 966.51 |
| July 2030 | 1,231.83 | 947.56 |
| August 2030 | 1,269.92 | 976.86 |
| September 2030 | 1,314.37 | 1,011.05 |
| October 2030 | 1,348.54 | 1,037.34 |
| November 2030 | 1,382.26 | 1,063.28 |
| December 2030 | 1,416.81 | 1,089.86 |
Financial Condition of Softtech Engineers: Last 5 Years
| Financials | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|
| Sales (Rs. Cr.) | 62.76 | 57.95 | 41.57 | 57.46 | 65.40 | 78.78 |
| Expenses (Rs. Cr.) | 47.12 | 43.71 | 29.63 | 42.05 | 45.88 | 57.42 |
| Operating Profit (Rs. Cr.) | 15.64 | 14.24 | 11.94 | 15.41 | 19.52 | 21.36 |
| OPM % | 24.92% | 24.57% | 28.72% | 26.82% | 29.85% | 27.11% |
| Other Income (Rs. Cr.) | 0.79 | 0.97 | 0.98 | 1.86 | 1.43 | 2.29 |
| Interest (Rs. Cr.) | 1.83 | 1.85 | 3.32 | 3.02 | 4.06 | 4.56 |
| Depreciation (Rs. Cr.) | 4.04 | 3.72 | 5.50 | 7.64 | 10.46 | 13.44 |
| Profit Before Tax (Rs. Cr.) | 10.56 | 9.64 | 4.10 | 6.61 | 6.43 | 5.65 |
| Tax % | 29.64% | 32.68% | 37.07% | 29.65% | 43.70% | 40.88% |
| Net Profit (Rs. Cr.) | 7.42 | 6.49 | 2.58 | 4.65 | 3.62 | 3.33 |
| EPS in Rs | 7.87 | 6.89 | 2.90 | 4.72 | 3.94 | 2.79 |
| Dividend Payout % | 6.35% | -0.00% | -0.00% | -0.00% | -0.00% | -0.00% |
Over the last five years, Softtech Engineers has shown fluctuating but overall positive financial performance. From fiscal year March 2019 to March 2024, the company’s sales varied, starting at ₹62.76 Cr. and reaching ₹78.78 Cr., reflecting periods of growth and adjustment. Correspondingly, expenses also fluctuated, from ₹47.12 Cr. in 2019 to ₹57.42 Cr. in 2024, indicating efforts to manage costs amid changing market conditions. Despite these variations, the company maintained a steady operating profit trajectory, increasing from ₹15.64 Cr. to ₹21.36 Cr., with an operating profit margin (OPM) fluctuating between 24.57% and 29.85%.
FAQs
What is SoftTech Engineers Ltd’s current market capitalization?
SoftTech Engineers Ltd’s current market capitalization is ₹457 Crores.
SoftTech Engineers Ltd’s current share price target is ₹357 as of June 24, 2024.
The projected share price target for SoftTech Engineers Ltd in 2025 ranges from ₹335.28 to ₹520.96.
SoftTech Engineers Ltd’s forecasted share price target for 2030 ranges from ₹911.84 to ₹1,416.81.
What is SoftTech Engineers Ltd’s current price-to-earnings (P/E) ratio?
SoftTech Engineers Ltd’s current stock P/E ratio is 137.
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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 How to Buy SoftTech Engineers’ Shares?
- 3 Softtech Engineers’ Share Price Prediction 2024 – 2030
- 3.1 Softtech Engineers’ Share Price Target 2024
- 3.2 Softtech Engineers’ Share Price Target 2025
- 3.3 Softtech Engineers’ Share Price Target 2026
- 3.4 Softtech Engineers’ Share Price Target 2027
- 3.5 Softtech Engineers’ Share Price Target 2028
- 3.6 Softtech Engineers’ Share Price Target 2029
- 3.7 Softtech Engineers’ Share Price Target 2030
- 4 Financial Condition of Softtech Engineers: Last 5 Years
- 5 FAQs
- 5.1 What is SoftTech Engineers Ltd’s current market capitalization?
- 5.2 What is SoftTech Engineers Ltd’s current share price target?
- 5.3 What is the projected share price target for SoftTech Engineers Ltd in 2025?
- 5.4 What is SoftTech Engineers Ltd’s forecasted share price target for 2030?
- 5.5 What is SoftTech Engineers Ltd’s current price-to-earnings (P/E) ratio?
- 6 Conclusion: SoftTech Engineers Ltd – Navigating Challenges and Fostering Growth
