Anand Rathi Advisors Ltd.
Excelsoft Technologies Limited is a global vertical Software-as-a-Service (SaaS) company strategically positioned in the rapidly growing learning and assessment market. The company operates through two primary segments: AI-driven high-stakes Assessment and comprehensive Learning Systems.
The Assessment segment, featuring platforms like Saras eAssessment and easyProctor, provides secure, scalable, and compliant solutions for qualifications and certification bodies, government entities, and universities. The Learning segment offers a suite of products, including the SARAS LMS, EnablED Learning Experience Platform (LXP), and CollegeSPARC student success solutions, helping academic institutions and publishers manage digital learning and development requirements.
Excelsoft maintains a technology edge through continuous innovation, relying on a strategic blend of proprietary, open-source, and commercial Large Language Models (LLMs) to enhance its product offerings and deliver intelligent user experiences. The company serves 76 enterprise clients across 19 countries through long-term contracts. While serving a diverse international client base, the company derives a significant portion of its revenue from its long-standing relationship with the Pearson Education Group. This focused approach has enabled Excelsoft to demonstrate consistent growth in both revenue and profit after tax between Fiscal 2023 and Fiscal 2025.
For the year/period ended (Rs. in Cr.)
| FY25 | FY24 | FY23 | |
|---|---|---|---|
| Total Revenue | 248.80 | 200.70 | 197.97 |
| Profit After Tax | 34.69 | 12.75 | 22.41 |
| EPS | 3.47 | 1.27 | 2.24 |
| EBITDA Margin (%) | 31.40 | 27.72 | 34.94 |
| PAT Margin (%) | 14.87 | 6.43 | 11.49 |
For year/ period ended ( in Cr.)
| Company Name | Market Cap (Cr.) | Price | P/BV | P/E | Sales (Cr.) FY25 |
Net Profits(Cr.) FY25 |
|---|---|---|---|---|---|---|
| Excelsoft Technologies Limited | 1381.01* | 120 | 3.23 | 57.46 | 248.80 | 34.69 |
| MPS Limited | 3963 | 2317 | 8.09 | 24.2 | 727 | 149 |
| Ksolves India Limited | 745 | 314 | 22.50 | 24.0 | 137 | 34 |
| Silver Touch Technologies Limited | 1018 | 802 | 7.02 | 39.2 | 288 | 22 |
| Sasken Technologies Limited | 2159 | 1426 | 2.70 | 55.0 | 551 | 51 |
*Market cap @upper band
Experienced Leadership: Led by an experienced management team and promoters with strong product expertise.
The Company EXCELSOFT TECHNOLOGIES LIMITED IPO proposes to utilise the Net Proceeds from the Issue towards the following objects:
At the upper band of IPO ₹ 120, the stock is valued at P/E 57.46 multiple. Hence, well-informed investors subscribe for medium to long term perspective.
Never Miss IPO Investment