Fidel Softech

Pune, India Founded: 2001 • Age: 25 yrs Listed
Provider of IT service suite solutions

About Fidel Softech

Fidel Softech is a publicly listed company based in Pune (India) founded in 2001 by Sunil Kulkarni. Provider of IT service suite solutions. It operates in the Business Services and Technology sectors. The company has 189 employees. Its chief executive, as recorded, is Sunil Kulkarni. Its Indian entity Fidel Softech Limited reported revenue of β‚Ή107 Cr. Fidel Softech offers products and services including AI-Powered Localization, ServiceNow Development, Infor SyteLine Support, Custom Software Development, and Multilingual ChatBot. Its focus areas include IT Services, Suite, Digital Transformation Services and Horizontal. Its competitors include Happiest Minds and Datamatics; 2 of its 2 listed competitors have raised funding.

Company details

Fidel Softech, based in Pune, focuses on providing business support, providing IT services, and suite. Provider of IT service suite solutions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

  • Headquarters Pune, India
  • Employees 189
  • Founders Sunil Kulkarni
  • Stage Public
  • Sectors
    Business Services
    Technology
  • Website fidelsoftech.com
  • Social LinkedIn X Instagram
  • Legal Name Fidel Softech Ltd.
Key Metrics
  • Market Cap
    ₹248 Cr

    FIDEL-SM · NSE

  • Share Price
    ₹180.00

    0.00% today

  • Revenue
    ₹102 Cr

    FY 2025-26 · +86.0% YoY

  • EBITDA
    ₹14.98 Cr

    Margin 14.6%

  • Net Profit
    ₹13.03 Cr

    FY 2025-26 · +39.8% YoY

  • P/E (TTM)
    17.5x

    P/B 4.2x

  • ROE
    27.7%

    ROCE 25.5%

  • Debt / Equity
    0.42

    Interest cover 7.0x

  • Employee Count
    189

Products & Services of Fidel Softech

Fidel Softech offers a comprehensive portfolio of products and services, including AI-Powered Localization, ServiceNow Development, Infor SyteLine Support, Custom Software Development, and Multilingual ChatBot.

AI-Powered Localization
AI Services

Delivers localization using AI for global software adaptation

ServiceNow Development
IT Support

Provides development and support for ServiceNow platforms

Infor SyteLine Support
Enterprise Solutions

Offers support for Infor SyteLine ERP systems

Custom Software Development
Software Development

Creates tailored software using languages like Java and Python

Multilingual ChatBot
Language Services

Develops chatbots for multilingual customer interactions

Board of directors of Fidel Softech Limited (Fidel Softech)

Fidel Softech Limited is the primary company behind Fidel Softech. The board of Fidel Softech Limited currently have 6 directors; the longest-serving is Sunil Sudhakar Kulkarni, appointed in 2005. 9 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Sunil Sudhakar Kulkarni
DIN 00752937
Director23 Aug 200521 yrs 2 moFidel Softech Limited
Prachi Sunil Kulkarni
DIN 03618459
Managing Director05 Nov 201115 yrsFidel Softech Limited
Shyamak Sunil Kulkarni
DIN 09552445
Director30 Mar 20224 yrs 7 moFidel Softech Limited
Girish Mohan Desai
DIN 08328701
Director15 Apr 20224 yrs 6 moFidel Softech Limited
Pradeep Shivshankar Dharane
DIN 02313403
Director15 Apr 20224 yrs 6 moFidel Softech Limited
Prajakta Subhash Kotasthane
DIN 00713512
Director14 Apr 20251 yr 6 moFidel Softech Limited

People of Fidel Softech

18 people are tracked at Fidel Softech (3 in leadership, 15 in team); the tracked headcount is 189.

NameRoleGroup
Founder & CEOLeadership
FounderLeadership
Mandar Inamdar
Chief Operating OfficerLeadership
M Shifa
Project ManagerTeam
Sema Çelebi
English - Swedish TranslatorTeam
Sheetal Kokate
Senior Language EngineerTeam
Sunil Venikar
Senior Delivery ManagerTeam
Rakesh Gunjal
Assistant Project ManagerTeam
Nutan Deshmukh
Vendor CoordinatorTeam
Dipti Deshmukh
Software EngineerTeam
Nestor Irabaruta
Kinyarwanda & Lingala TranslatorTeam
Tushar Ahire
Senior Software EngineerTeam
Dr. Leena Satpute
Program ManagerTeam
Sagar Rachkar
Project ManagerTeam
Sagar Wankhade
Project CoordinatorTeam
Bhavesh Choudhari
Senior Vendor Co-ordinatorTeam
Aditi Chourasia
Senior Software EngineerTeam
Waliur Rahman
Senior Urdu Language EngineerTeam
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IPO & Listings of Fidel Softech

Fidel Softech is a publicly listed company on the NSE with ticker symbol FIDEL in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date10 Jun 2022
  • Listed onNSE: FIDEL
  • Listed entityFidel Softech Ltd.
  • Exchange sectorTechnology services
  • ISININE0LQQ01019
  • Share price₹178.60 (+3.84% on the day) · 2026-10-14
  • Market capitalisation₹237 Cr
  • Price to earnings18.5
  • EPS (diluted, trailing year)₹9.64
  • Dividend yield1.31%
  • Volume (last session)12,000

Financials of Fidel Softech

Exchange-reported figures of Fidel Softech Limited, the listed company behind Fidel Softech (NSE: FIDEL-SM).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹102 Cr
+86.0% YoY
EBITDA
₹14.98 Cr
+28.3% YoY
Profit After Tax
₹13.03 Cr
+39.8% YoY
Net Worth
₹55.96 Cr
+23.5% YoY
Total Assets
₹104 Cr
+119.6% YoY
Total Debt
₹42.87 Cr

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2017-18FY 2016-17
Income statement
Revenue10255.0417.5415.65
Revenue growth+86.0%-+12.1%-
EBITDA14.9811.680.801.73
EBITDA margin+14.6%+21.2%+4.6%+11.1%
Profit before tax18.3212.500.150.38
Net profit13.039.32(0.03)0.03
Net profit margin+12.7%+16.9%-0.2%+0.2%
EPS (β‚Ή)10.046.79(0.76)2.57
Balance sheet
Total assets10447.577.045.74
Net worth55.9645.323.652.15
Total debt42.870.001.931.10
Cash & bank12.478.230.180.68
Net working capital32.8721.181.823.57
Cash flow
Cash from operations7.739.18--
Cash from investing(44.02)(3.45)--
Cash from financing39.50(1.51)--
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue37.9837.9337.2725.3023.1516.6414.6114.15
Revenue growth (YoY)+64.1%+127.9%+155.1%+78.8%+67.5%+33.6%--
Other income0.980.601.261.030.730.660.280.23
EBITDA4.644.424.593.723.004.293.902.19
EBITDA margin+12.2%+11.7%+12.3%+14.7%+13.0%+25.8%+26.7%+15.5%
Depreciation0.670.470.150.090.060.060.050.05
Interest0.320.290.330.160.080.050.000.00
Profit before tax4.634.265.374.503.594.844.132.37
Tax1.021.101.041.210.821.211.070.59
Net profit3.613.164.333.292.773.633.061.78
EPS (β‚Ή)2.442.242.982.402.022.642.231.30
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue48.9954.8140.0933.3726.3125.7122.38
Revenue growth-10.6%+36.7%+20.1%+26.8%+2.3%+14.9%-
EBITDA8.6811.607.386.686.144.364.81
EBITDA margin+17.7%+21.2%+18.4%+20.0%+23.3%+17.0%+21.5%
Profit before tax12.6212.428.027.156.274.584.31
Net profit8.529.265.945.384.543.443.15
Net profit margin+17.4%+16.9%+14.8%+16.1%+17.3%+13.4%+14.1%
EPS (β‚Ή)6.776.744.413.924.52136.58124.60
Balance sheet
Total assets69.4747.5039.2034.0417.6411.817.73
Net worth51.8045.2537.5032.4014.8810.316.86
Total debt14.840.000.000.001.620.710.23
Cash & bank8.387.693.523.742.682.252.79
Net working capital18.7020.6916.9214.3710.412.252.89
Cash flow
Cash from operations10.829.062.901.80(2.45)3.195.94
Cash from investing(22.82)(3.88)(0.11)(11.53)1.99(4.42)(4.40)
Cash from financing11.67(1.51)(0.96)10.480.810.57(0.87)
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue12.0510.859.2912.9512.0014.7614.3714.15
Revenue growth (YoY)+0.4%-26.5%-35.4%-8.5%-13.2%+18.5%--
Other income0.810.711.021.170.630.660.280.23
Total expenses10.538.827.8910.2710.3010.8710.5711.96
EBITDA1.522.031.402.681.703.893.802.19
EBITDA margin+12.6%+18.7%+15.1%+20.7%+14.2%+26.4%+26.4%+15.5%
Depreciation0.460.260.060.020.020.020.050.05
Interest0.170.140.140.150.070.050.000.00
Profit before tax1.702.342.223.682.244.484.032.37
Tax0.400.610.610.930.591.171.050.59

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 11 Nov 2026
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue37.9837.9337.2725.3023.1516.6414.6114.15
Revenue growth (YoY)+64.1%+127.9%+155.1%+78.8%+67.5%+33.6%--
Other income0.980.601.261.030.730.660.280.23
EBITDA4.644.424.593.723.004.293.902.19
EBITDA margin+12.2%+11.7%+12.3%+14.7%+13.0%+25.8%+26.7%+15.5%
Depreciation0.670.470.150.090.060.060.050.05
Interest0.320.290.330.160.080.050.000.00
Profit before tax4.634.265.374.503.594.844.132.37
Tax1.021.101.041.210.821.211.070.59
Net profit3.613.164.333.292.773.633.061.78
EPS (β‚Ή)2.442.242.982.402.022.642.231.30
ParticularsFY 2025-26FY 2024-25FY 2017-18FY 2016-17
Revenue10255.0417.5415.65
Revenue growth+86.0%-+12.1%-
Other income4.721.030.010.17
Total expenses87.3843.3616.7413.92
Employee cost37.9722.3010.578.55
EBITDA14.9811.680.801.73
EBITDA margin+14.6%+21.2%+4.6%+11.1%
Depreciation0.360.160.551.41
Interest1.020.050.110.11
Profit before tax18.3212.500.150.38
Tax4.273.170.180.35
Net profit13.039.32(0.03)0.03
Net profit margin+12.7%+16.9%-0.2%+0.2%
EPS (β‚Ή)10.046.79(0.76)2.57
ParticularsFY 2025-26FY 2024-25FY 2017-18FY 2016-17
Equity & liabilities
Share capital13.7513.750.250.10
Reserves & surplus42.2131.573.402.05
Shareholders' funds (net worth)55.9645.323.652.15
Minority interest0.290.000.902.08
Secured loans15.190.000.000.00
Unsecured loans27.680.001.931.10
Total debt42.870.001.931.10
Total liabilities10447.577.045.74
Assets
Gross block29.671.634.302.07
Net block27.820.162.510.82
Capital work in progress0.000.002.030.95
Investments21.6421.870.000.00
Inventories0.000.000.000.00
Sundry debtors26.9316.152.974.45
Cash & bank balances12.478.230.180.68
Loans & advances8.182.540.890.71
Total current assets47.5826.924.045.84
Total current liabilities14.715.742.222.27
Net working capital32.8721.181.823.57
Total assets10447.577.045.74
ParticularsFY 2025-26FY 2024-25FY 2017-18FY 2016-17
Opening cash7.202.99--
Net cash from operating activities7.739.18--
Net cash from investing activities(44.02)(3.45)--
Net cash from financing activities39.50(1.51)--
Net change in cash3.224.21--
Closing cash12.478.23--
ParticularsFY 2025-26FY 2024-25FY 2017-18FY 2016-17
Growth
Sales growth+86.0%-+12.1%-
EBITDA growth+28.3%--53.8%-
PBT growth+46.6%+8233.3%-60.5%+9997.0%
Net income growth+39.8%--200.0%-
Revenue CAGR (3Y)+87.0%---
EBITDA CAGR (3Y)+105.4%---
Profitability & leverage
Net income margin+13.7%+17.0%-0.2%+0.2%
Return on capital employed+25.5%+26.4%+6.3%+25.4%
Return on net worth+27.7%+20.6%-0.7%+1.4%
Debt / equity0.420.000.520.51
Long-term debt / equity0.350.000.520.51
Interest cover6.980.4344.0034.38
Efficiency & per share
Fixed asset turnover6.5433.775.517.56
Inventory turnover0.000.000.000.00
Debtors turnover4.753.414.733.52
EPS (β‚Ή)10.046.79(0.76)2.57
Dividend per share (β‚Ή)2.252.000.000.00
Book value per share (β‚Ή)40.6932.96144.73209.54
ParticularsSep 2026Jun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024
Revenue12.0510.859.2912.9512.0014.7614.3714.15
Revenue growth (YoY)+0.4%-26.5%-35.4%-8.5%-13.2%+18.5%--
Other income0.810.711.021.170.630.660.280.23
Total expenses10.538.827.8910.2710.3010.8710.5711.96
EBITDA1.522.031.402.681.703.893.802.19
EBITDA margin+12.6%+18.7%+15.1%+20.7%+14.2%+26.4%+26.4%+15.5%
Depreciation0.460.260.060.020.020.020.050.05
Interest0.170.140.140.150.070.050.000.00
Profit before tax1.702.342.223.682.244.484.032.37
Tax0.400.610.610.930.591.171.050.59
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue48.9954.8140.0933.3726.3125.7122.38
Revenue growth-10.6%+36.7%+20.1%+26.8%+2.3%+14.9%-
Other income4.521.030.940.870.560.490.43
Total expenses40.3143.2132.7126.6920.1721.3517.57
Employee cost22.6422.3016.2814.2210.9811.238.05
EBITDA8.6811.607.386.686.144.364.81
EBITDA margin+17.7%+21.2%+18.4%+20.0%+23.3%+17.0%+21.5%
Depreciation0.120.160.220.270.180.150.77
Interest0.460.050.080.130.250.120.16
Profit before tax12.6212.428.027.156.274.584.31
Tax3.303.151.961.771.731.141.16
Net profit8.529.265.945.384.543.443.15
Net profit margin+17.4%+16.9%+14.8%+16.1%+17.3%+13.4%+14.1%
EPS (β‚Ή)6.776.744.413.924.52136.58124.60
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital13.7513.7513.7513.7510.100.250.25
Reserves & surplus38.0531.5023.7518.654.7810.066.61
Shareholders' funds (net worth)51.8045.2537.5032.4014.8810.316.86
Secured loans14.840.000.000.001.620.650.00
Unsecured loans0.000.000.000.000.000.060.23
Total debt14.840.000.000.001.620.710.23
Total liabilities69.4747.5039.2034.0417.6411.817.73
Assets
Gross block2.821.291.491.481.040.972.89
Net block1.570.160.180.310.140.250.76
Capital work in progress0.000.000.000.000.000.000.00
Investments28.3022.3015.6714.161.993.591.14
Inventories0.000.000.000.000.000.000.00
Sundry debtors12.1616.0312.059.765.862.992.12
Cash & bank balances8.387.693.523.742.682.252.79
Loans & advances2.712.546.174.324.332.790.31
Total current assets23.2526.2621.7417.8212.878.035.22
Total current liabilities4.555.574.823.452.465.782.33
Net working capital18.7020.6916.9214.3710.412.252.89
Total assets69.4747.5039.2034.0417.6411.817.73
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash6.662.991.160.410.050.700.04
Net cash from operating activities10.829.062.901.80(2.45)3.195.94
Net cash from investing activities(22.82)(3.88)(0.11)(11.53)1.99(4.42)(4.40)
Net cash from financing activities11.67(1.51)(0.96)10.480.810.57(0.87)
Net change in cash(0.33)3.671.830.750.36(0.65)0.67
Closing cash8.387.693.523.742.682.252.79
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth-10.6%+36.7%+20.1%+26.8%+2.3%+14.9%-
EBITDA growth-25.2%+57.2%+10.5%+8.8%+40.8%-9.4%-
PBT growth+1.6%+54.9%+12.2%+14.0%+36.9%+6.3%+630.5%
Net income growth-8.0%+55.9%+10.4%+18.5%+32.0%+9.2%-
Revenue CAGR (3Y)+13.7%+27.7%+16.0%+14.2%+21.8%+22.3%+23.3%
EBITDA CAGR (3Y)+9.1%+23.6%+19.2%+11.6%+96.4%+55.9%+68.8%
Profitability & leverage
Net income margin+19.0%+16.9%+15.1%+16.1%+17.3%+13.4%+14.1%
Return on capital employed+22.3%+28.7%+22.1%+28.2%+44.5%+48.3%+57.9%
Return on net worth+19.2%+22.4%+17.3%+22.8%+36.3%+40.2%+45.9%
Debt / equity0.150.000.000.030.090.050.03
Long-term debt / equity0.120.000.000.000.000.000.01
Interest cover5.370.441.122.034.192.853.96
Efficiency & per share
Fixed asset turnover23.8439.4327.0026.4826.1813.327.74
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover3.483.903.684.275.9510.0610.56
EPS (β‚Ή)6.776.744.413.924.52136.58124.60
Dividend per share (β‚Ή)2.252.001.100.700.000.000.00
Book value per share (β‚Ή)37.6732.9127.2723.5614.73408.43271.84

Competitors of Fidel Softech

Fidel Softech has 2 listed competitors in our database, 2 of them funded. They include Happiest Minds and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Web traffic of Fidel Softech

The website of Fidel Softech (fidelsoftech.com) receives about 4.8K visits a month.

  • Monthly visits
    4.8K

    ▲ 75.3% vs previous month

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β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’β€’.comβ€’β€’%β€’.β€’M#‒‒‒‒‒–
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Top companies in Digital Transformation & Automation Services

3 companies that operate in the same segment as Fidel Softech (Digital Transformation & Automation Services) in India, ranked by their profile score on The Company Check.

CompanyDescriptionFoundedLocationTotal fundingRevenueEmployees
IT outsourcing services are delivered across multiple business lines.
2011Bengaluru, Karnataka, IndiaUSD 64.83 MUSD 246.74 M4,886
IT consulting, data analytics, and digital transformation services are provided.
1990Pune, Maharashtra, IndiaUSD 18.8 MUSD 1.59 B24,594
Provider of digital signature certificates, PKI, and e-signature solutions
2008Bengaluru, Karnataka, IndiaUSD 26.23 MUSD 76.01 M604
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Related news about Fidel Softech

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Frequently Asked Questions about Fidel Softech

Fidel Softech was founded in 2001.

Fidel Softech is headquartered in Pune, India. It is registered at Pune, Maharashtra, India.

Sunil Kulkarni is the CEO of Fidel Softech, as recorded in our data. They have also founded this company.

Fidel Softech has 189 employees.

The primary company behind Fidel Softech, Fidel Softech Limited, reported revenue of β‚Ή107 Cr for FY 2026, up 86% year on year.

Fidel Softech, based in Pune, focuses on providing business support, providing IT services, and suite. Provider of IT service suite solutions. The company prioritizes operational excellence, innovation, and customer-centric approaches for success. It continues to evolve, meeting industry challenges with strategic approaches.

Fidel Softech's top competitors include Happiest Minds and Datamatics.

Fidel Softech offers AI-Powered Localization, ServiceNow Development, Infor SyteLine Support, Custom Software Development, and Multilingual ChatBot.

Yes, Fidel Softech is publicly traded on NSE under the ticker symbol FIDEL.

Fidel Softech operates through Fidel Softech Limited.

The legal entities of Fidel Softech currently have 8 directors, including Sunil Sudhakar Kulkarni, Prachi Sunil Kulkarni, Girish Mohan Desai and others.

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