Low Code Magic

Mumbai, India Founded: 2023 • Age: 3 yrs Listed
Platform simplifies application creation and deployment with visual tools and integrations.

About Low Code Magic

Low Code Magic is a publicly listed company based in Mumbai (India) founded in 2023. Platform simplifies application creation and deployment with visual tools and integrations. It operates on a SaaS and B2B model. The company has 1,093 employees. Its Indian entity Esds Software Solution Limited reported revenue of ₹481 Cr. Low Code Magic offers products and services including Low Code Magic Platform, Agile Form Builder, Workflow Engine, and Analytics Module. Its focus areas include Information Technology, Enterprise Software, Productivity Tools and Workflow Automation.

Company details

Low Code Magic is a low-code platform developed by ESDS Software Solution Limited that enables users to create, deploy, and manage applications efficiently through visual development and API integrations. It supports features like form building, workflows, and analytics to streamline business processes. Based in India, it serves enterprises by reducing coding needs and enhancing scalability, security, and remote accessibility for various development projects.

  • Headquarters Mumbai, India
  • Employees 1,093
  • Stage Public
  • Sectors
    Technology
  • Phone
    •••• ••••
  • Website lowcodemagic.co.in
  • Social LinkedIn
  • Legal Name Esds Software Solution Limited
  • Date of Incorporation 18 Aug, 2005
  • Jurisdiction Nashik, Maharashtra, India
Key Metrics
  • Market Cap
    ₹14,311 Cr

    ESDS · NSE

  • Share Price
    ₹1,160.00

    -5.00% today

  • Revenue
    ₹472 Cr

    FY 2025-26 · +30.7% YoY

  • EBITDA
    ₹234 Cr

    Margin 49.6%

  • Net Profit
    ₹120 Cr

    FY 2025-26 · +115.3% YoY

  • P/E (TTM)
    124.4x

    P/B 11.9x

  • ROE
    25.6%

    ROCE 30.3%

  • Debt / Equity
    0.24

    Interest cover 6.9x

  • Employee Count
    1,093

Products & Services of Low Code Magic

Low Code Magic offers a comprehensive portfolio of products and services, including Low Code Magic Platform, Agile Form Builder, Workflow Engine, and Analytics Module.

Low Code Magic Platform
Low-Code Development Tool

Enables efficient application creation and deployment with visual interfaces.

Agile Form Builder
Form Development Tool

Simplifies form design and deployment without manual coding.

Workflow Engine
Process Automation Tool

Automates tasks and improves business operation efficiency.

Analytics Module
Data Analysis Tool

Provides real-time insights for data-driven decisions.

Board of directors of Esds Software Solution Limited (Low Code Magic)

Esds Software Solution Limited is the primary company behind Low Code Magic. The board of Esds Software Solution Limited currently have 6 directors; the longest-serving is Piyush Prakashchandra Somani, appointed in 2005. 19 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Piyush Prakashchandra Somani
DIN 02357582
Managing Director18 Aug 200521 yrs 2 moEsds Software Solution Limited
Thandankorai Ganapathy Dhandapani
DIN 09239677
Director28 Jul 20215 yrs 3 moEsds Software Solution Limited
Komal Piyush Somani
DIN 08477154
Whole-time director28 Jul 20215 yrs 3 moEsds Software Solution Limited
Pamela Kumar
DIN 07616165
Director28 Jul 20215 yrs 3 moEsds Software Solution Limited
Venkatesh Natarajan
DIN 07471917
Director01 Jul 20233 yrs 4 moEsds Software Solution Limited
Sameer Suresh Redij
DIN 11790311
Additional Director13 Jul 20263 moEsds Software Solution Limited

IPO & Listings of Low Code Magic

Low Code Magic is a publicly listed company on the NSE with ticker symbol ESDS in India. 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.

  • Listed onNSE: ESDS
  • Listed entityEsds Software Solution Limited

Financials of Low Code Magic

Exchange-reported figures of Esds Software Solution Limited, the listed company behind Low Code Magic (NSE: ESDS).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹472 Cr
+30.7% YoY
EBITDA
₹234 Cr
+51.4% YoY
Profit After Tax
₹120 Cr
+115.3% YoY
Net Worth
₹544 Cr
+30.2% YoY
Total Assets
₹650 Cr
+17.5% YoY
Total Debt
₹96.47 Cr
-23.9% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue472361287208195172
Revenue growth+30.7%+26.1%+38.0%+6.3%+13.6%-
EBITDA23415510142.7055.1861.63
EBITDA margin+49.6%+42.8%+35.2%+20.6%+28.3%+35.9%
Profit before tax16782.6022.30(27.70)(2.16)8.76
Net profit12055.6612.56(17.68)(2.74)5.63
Net profit margin+25.4%+15.4%+4.4%-8.5%-1.4%+3.3%
EPS (₹)11.985.541.35(2.42)(0.30)10.50
Balance sheet
Total assets650554497454428368
Net worth544418226211206187
Total debt96.47127259179215116
Cash & bank1,25360.682.2519.8949.7015.20
Net working capital24118016813510532.25
Cash flow
Cash from operations1,36816357.2155.1416.4449.22
Cash from investing(130)(112)(1.28)(53.85)(69.43)(57.23)
Cash from financing(44.72)7.45(70.57)(19.47)73.6721.75
ParticularsJun 2026Mar 2026Jun 2025
Revenue134168125
Revenue growth (YoY)+7.3%--
Other income1.512.541.13
EBITDA56.0010352.46
EBITDA margin+41.9%+61.2%+42.1%
Depreciation18.4817.0815.34
Interest2.572.723.58
Profit before tax36.4685.3234.67
Tax7.1917.658.99
Net profit29.2767.6725.68
EPS (₹)2.856.592.51
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Income statement
Revenue378357281201193172
Revenue growth+5.8%+27.0%+39.7%+4.2%+12.4%-
EBITDA15715495.9543.4057.5063.91
EBITDA margin+41.5%+43.0%+34.1%+21.6%+29.8%+37.2%
Profit before tax90.6787.2325.00(20.77)3.1511.98
Net profit62.1560.7216.47(10.27)2.098.87
Net profit margin+16.4%+17.0%+5.9%-5.1%+1.1%+5.2%
EPS (₹)6.086.051.77(1.62)0.2316.68
Balance sheet
Total assets-594493451421378
Net worth-453255235221197
Total debt-127225151192116
Cash & bank-19.051.2718.7748.6714.64
Net working capital-19516613610746.28
Cash flow
Cash from operations-12279.3554.5231.6746.25
Cash from investing-(109)(26.97)(53.16)(63.32)(54.75)
Cash from financing-5.09(66.88)(19.62)51.8622.16
ParticularsJun 2026Mar 2026Jun 2025
Revenue11611791.77
Revenue growth (YoY)+26.6%--
Other income1.491.602.52
Total expenses72.3358.7458.12
EBITDA43.8458.3633.65
EBITDA margin+37.7%+49.8%+36.7%
Depreciation18.4817.0714.94
Interest2.572.813.55
Profit before tax24.2840.0817.68
Tax6.099.774.31

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsJun 2026Mar 2026Jun 2025
Revenue134168125
Revenue growth (YoY)+7.3%--
Other income1.512.541.13
EBITDA56.0010352.46
EBITDA margin+41.9%+61.2%+42.1%
Depreciation18.4817.0815.34
Interest2.572.723.58
Profit before tax36.4685.3234.67
Tax7.1917.658.99
Net profit29.2767.6725.68
EPS (₹)2.856.592.51
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue472361287208195172
Revenue growth+30.7%+26.1%+38.0%+6.3%+13.6%-
Other income8.4415.315.624.683.332.17
Total expenses238207186165140110
Employee cost10494.1385.0777.0170.8859.03
EBITDA23415510142.7055.1861.63
EBITDA margin+49.6%+42.8%+35.2%+20.6%+28.3%+35.9%
Depreciation63.4662.2152.5549.1542.9537.39
Interest11.7925.2531.5725.9317.7217.65
Profit before tax16782.6022.30(27.70)(2.16)8.76
Tax46.6026.988.69(5.24)0.523.28
Net profit12055.6612.56(17.68)(2.74)5.63
Net profit margin+25.4%+15.4%+4.4%-8.5%-1.4%+3.3%
EPS (₹)11.985.541.35(2.42)(0.30)10.50
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital10.0410.049.299.299.165.22
Reserves & surplus534408217201197182
Shareholders' funds (net worth)544418226211206187
Minority interest0.540.000.60(0.44)(0.43)0.00
Secured loans42.9262.7111513611069.63
Unsecured loans53.5564.0314343.3410546.45
Total debt96.47127259179215116
Total liabilities650554497454428368
Assets
Gross block679583479325386263
Net block388353322208306211
Capital work in progress3.990.000.000.000.075.06
Investments4.554.280.000.000.000.00
Inventories0.000.000.000.000.000.00
Sundry debtors16614312157.1397.7646.62
Cash & bank balances1,25360.682.2519.8949.7015.20
Loans & advances95.2466.5989.9010448.3159.77
Total current assets1,514271213181196122
Total current liabilities1,27390.6744.5646.2290.4789.34
Net working capital24118016813510532.25
Total assets650554497454428368
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash60.682.2516.8935.0614.380.64
Net cash from operating activities1,36816357.2155.1416.4449.22
Net cash from investing activities(130)(112)(1.28)(53.85)(69.43)(57.23)
Net cash from financing activities(44.72)7.45(70.57)(19.47)73.6721.75
Net change in cash1,19358.43(14.64)(18.17)20.6813.74
Closing cash1,25360.682.2519.8949.7015.20
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+30.7%+26.1%+38.0%+6.3%+13.6%-
EBITDA growth+51.4%+53.5%+136.1%-22.6%-10.5%-
PBT growth+102.7%+270.4%+9998.0%-1182.4%-+9997.0%
Net income growth+115.3%+343.2%+171.0%-545.3%-148.7%-
Revenue CAGR (3Y)+31.5%+22.8%+18.6%---
EBITDA CAGR (3Y)+76.4%+41.0%+17.8%---
Profitability & leverage
Net income margin+25.6%+15.4%+4.8%-10.8%-1.4%+3.2%
Return on capital employed+30.3%+20.9%+11.5%+0.7%+4.0%+8.1%
Return on net worth+25.6%+17.8%+6.5%-8.8%-1.4%+4.8%
Debt / equity0.240.621.040.980.870.71
Long-term debt / equity0.170.430.650.540.450.39
Interest cover6.9027.2965.43-402.02144.8972.81
Efficiency & per share
Fixed asset turnover0.760.690.730.590.610.64
Inventory turnover0.000.000.000.000.000.00
Debtors turnover3.062.743.232.682.713.71
EPS (₹)11.985.541.35(2.42)(0.30)10.50
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)53.2340.6023.2321.9921.76345.75
ParticularsJun 2026Mar 2026Jun 2025
Revenue11611791.77
Revenue growth (YoY)+26.6%--
Other income1.491.602.52
Total expenses72.3358.7458.12
EBITDA43.8458.3633.65
EBITDA margin+37.7%+49.8%+36.7%
Depreciation18.4817.0714.94
Interest2.572.813.55
Profit before tax24.2840.0817.68
Tax6.099.774.31
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Revenue378357281201193172
Revenue growth+5.8%+27.0%+39.7%+4.2%+12.4%-
Other income9.1716.115.644.524.663.10
Total expenses221204185158136108
Employee cost0.0093.7484.1273.9968.0457.97
EBITDA15715495.9543.4057.5063.91
EBITDA margin+41.5%+43.0%+34.1%+21.6%+29.8%+37.2%
Depreciation63.4660.7449.4446.1742.0837.38
Interest11.7921.8627.1522.5216.9317.65
Profit before tax90.6787.2325.00(20.77)3.1511.98
Tax28.5226.468.52(5.72)1.063.28
Net profit62.1560.7216.47(10.27)2.098.87
Net profit margin+16.4%+17.0%+5.9%-5.1%+1.1%+5.2%
EPS (₹)6.086.051.77(1.62)0.2316.68
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Equity & liabilities
Share capital-10.049.299.299.165.22
Reserves & surplus-443246225211192
Shareholders' funds (net worth)-453255235221197
Secured loans-62.7111513611069.63
Unsecured loans-64.0311014.5281.7046.44
Total debt-127225151192116
Total liabilities-594493451421378
Assets
Gross block-544464310375263
Net block-353321203298211
Capital work in progress-0.000.000.000.072.68
Investments-42.920.060.060.060.06
Inventories-0.000.000.000.000.00
Sundry debtors-14211987.5397.3447.02
Cash & bank balances-19.051.2718.7748.6714.64
Loans & advances-11989.5874.7850.3272.03
Total current assets-280210181196134
Total current liabilities-84.7343.8744.6289.7087.41
Net working capital-19516613610746.28
Total assets-594493451421378
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Opening cash-1.2715.7734.0313.820.16
Net cash from operating activities-12279.3554.5231.6746.25
Net cash from investing activities-(109)(26.97)(53.16)(63.32)(54.75)
Net cash from financing activities-5.09(66.88)(19.62)51.8622.16
Net change in cash-17.77(14.50)(18.26)20.2113.67
Closing cash-19.051.2718.7748.6714.64
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21
Growth
Sales growth+5.8%+27.0%+39.7%+4.2%+12.4%-
EBITDA growth+2.0%+60.2%+121.1%-24.5%-10.0%-
PBT growth+3.9%+248.9%+9998.0%--73.7%+9997.0%
Net income growth+2.4%+268.7%+260.4%-591.4%-76.4%-
Revenue CAGR (3Y)+23.4%+22.8%+17.8%---
EBITDA CAGR (3Y)+53.4%+38.8%+14.5%---
Profitability & leverage
Net income margin+16.4%+17.0%+5.9%-7.5%+1.1%+5.1%
Return on capital employed-+20.5%+11.3%+1.5%+5.1%+8.0%
Return on net worth-+17.7%+7.0%-4.6%+1.0%+4.6%
Debt / equity-0.510.790.770.760.43
Long-term debt / equity-0.390.570.500.42-0.12
Interest cover12.6423.5158.37-813.00109.7966.53
Efficiency & per share
Fixed asset turnover-0.720.740.600.620.67
Inventory turnover-0.000.000.000.000.00
Debtors turnover-2.742.722.182.683.66
EPS (₹)6.086.051.77(1.62)0.2316.68
Dividend per share (₹)0.000.000.000.000.000.00
Book value per share (₹)0.0044.1426.4024.5223.38364.62
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Frequently Asked Questions about Low Code Magic

Low Code Magic was founded in 2023.

Low Code Magic is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Low Code Magic has 1,093 employees.

The primary company behind Low Code Magic, Esds Software Solution Limited, reported revenue of ₹481 Cr for FY 2026, up 31% year on year.

Low Code Magic is a low-code platform developed by ESDS Software Solution Limited that enables users to create, deploy, and manage applications efficiently through visual development and API integrations. It supports features like form building, workflows, and analytics to streamline business processes. Based in India, it serves enterprises by reducing coding needs and enhancing scalability, security, and remote accessibility for various development projects.

Low Code Magic offers Low Code Magic Platform, Agile Form Builder, Workflow Engine, and Analytics Module.

Yes, Low Code Magic is publicly traded on NSE under the ticker symbol ESDS.

Low Code Magic operates through Esds Software Solution Limited.

The legal entities of Low Code Magic currently have 8 directors, including Thandankorai Ganapathy Dhandapani, Komal Piyush Somani, Prasad Deochand Deokar and others.

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