Sancode

Cupertino, United States Founded: 2016 • Age: 10 yrs Listed
IoT and automation services are provided by Sancode.

About Sancode

Sancode is a publicly listed company based in Cupertino (United States) founded in 2016. IoT and automation services are provided by Sancode. Its Indian entity Sancode Technologies Limited reported revenue of ₹15.87 Cr. Sancode offers products and services including OSAT Solutions and Supply Chain Management. Its focus areas include Business Services and IoT Services.

Company details

Sancode was founded in 2016 and is located in Cupertino, United States. Services in IoT and automation are delivered within the technology sector. Operations center on developing solutions for connected devices and process automation. Leadership is provided by Managing Directors Amit Jain and Mihir Vora. The companys online presence is maintained through the domain sancodetech.com.

Key Metrics
  • Market Cap
    ₹816 Cr

    SANCODE · BSE

  • Share Price
    ₹1,115.85

    +2.00% today

  • Revenue
    ₹15.76 Cr

    FY 2025-26 · +14.1% YoY

  • EBITDA
    ₹0.49 Cr

    Margin 3.1%

  • Net Profit
    ₹0.47 Cr

    FY 2025-26 · -4.1% YoY

  • ROE
    4.5%

    ROCE 4.3%

  • Debt / Equity
    0.25

    Interest cover 4.7x

Products & Services of Sancode

Sancode offers a comprehensive portfolio of products and services, including OSAT Solutions and Supply Chain Management.

OSAT Solutions
Semiconductor Services

OSAT solutions are provided to facilitate semiconductor packaging and testing, ensuring components meet international standards from concept to completion.

Supply Chain Management
Logistics Services

Supply chain management tools are offered to deliver end-to-end visibility and control, supporting real-time collaboration in semiconductor operations.

Board of directors of Sancode Technologies Limited (Sancode)

Sancode Technologies Limited is the primary company behind Sancode. The board of Sancode Technologies Limited currently have 6 directors; the longest-serving is Mihir Vora, appointed in 2021. 5 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Mihir Vora
DIN 08602271
Managing Director30 Nov 20214 yrs 11 moSancode Technologies Limited
Mukeshkumar Devichand Jain
DIN 09740925
Director05 Jan 20233 yrs 9 moSancode Technologies Limited
Kush Gupta
DIN 09077090
Director05 Jan 20233 yrs 9 moSancode Technologies Limited
Ayushi Mishra
DIN 08282556
Director05 Jan 20233 yrs 9 moSancode Technologies Limited
Amit Vijay Jain
DIN 09788333
Director05 Jan 20233 yrs 9 moSancode Technologies Limited
Sumesh Ashok Mishra
DIN 02453513
Director05 Jan 20233 yrs 9 moSancode Technologies Limited

People of Sancode

2 people are tracked at Sancode (2 in leadership).

NameRoleGroup
Managing DirectorLeadership
Managing DirectorLeadership
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IPO & Listings of Sancode

Sancode is a publicly listed company on the BSE with ticker symbol SANCODE 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 date18 Apr 2023
  • Listed onBSE: 543897
  • Listed entitySancode Technologies Limited
  • Exchange sectorTechnology services
  • ISININE0P7001013
  • Share price₹928.00 (+1.02% on the day) · 2026-10-14
  • Volume (last session)8,500

Financials of Sancode

Exchange-reported figures of Sancode Technologies Limited, the listed company behind Sancode (BSE: SANCODE).

Financial Highlights

FY 2025-26 · Consolidated
Revenue
₹15.76 Cr
+14.1% YoY
EBITDA
₹0.49 Cr
+250.0% YoY
Profit After Tax
₹0.47 Cr
-4.1% YoY
Net Worth
₹7.63 Cr
+37.7% YoY
Total Assets
₹9.51 Cr
+35.5% YoY
Total Debt
₹1.85 Cr
+26.7% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue15.7613.814.761.552.441.560.13
Revenue growth+14.1%+190.1%+207.1%-36.5%+56.4%+1100.0%-
EBITDA0.490.14(1.72)(0.37)0.40(0.31)(1.75)
EBITDA margin+3.1%+1.0%-36.1%-23.9%+16.4%-19.9%-1346.2%
Profit before tax0.520.47(1.67)0.021.06(0.28)(1.46)
Net profit0.470.49(2.03)0.290.22(0.06)(1.35)
Net profit margin+3.0%+3.6%-42.7%+18.7%+9.0%-3.9%-1038.5%
EPS (₹)1.151.21(4.89)1.8440.26(2.12)(52.12)
Balance sheet
Total assets9.517.026.563.232.592.942.21
Net worth7.635.545.813.032.252.242.21
Total debt1.851.460.380.060.150.640.00
Cash & bank2.911.101.661.220.440.811.42
Net working capital6.213.453.022.422.411.891.15
Cash flow
Cash from operations0.12(2.51)(2.77)0.750.17(1.63)(1.40)
Cash from investing(0.15)0.87(1.83)0.13(0.05)0.39(0.09)
Cash from financing1.851.085.04(0.10)(0.49)0.632.77
ParticularsSep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023Dec 2022
Revenue5.760.002.521.400.430.420.120.01
Revenue growth (YoY)+1239.5%-100.0%+2000.0%-----
Other income0.050.000.030.050.000.000.000.02
EBITDA(0.96)0.000.02(0.70)(0.82)(0.22)(0.43)(0.64)
EBITDA margin-16.7%-+0.8%-50.0%-190.7%-52.4%-358.3%-6400.0%
Depreciation0.050.000.020.010.000.000.000.00
Interest0.010.000.000.010.000.000.000.00
Profit before tax(0.97)0.000.03(0.67)(0.82)(0.22)(0.43)(0.62)
Tax0.000.000.060.000.000.000.000.00
Net profit(0.97)0.00(0.03)(0.67)(0.82)(0.22)(0.43)(0.62)
EPS (₹)(2.38)0.00(0.07)(1.63)(2.04)(0.58)(1.44)(2.12)
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue0.410.300.620.380.950.830.31
Revenue growth+36.7%-51.6%+63.2%-60.0%+14.5%+167.7%-
EBITDA(0.30)(0.32)(1.20)0.080.740.46(1.01)
EBITDA margin-73.2%-106.7%-193.6%+21.1%+77.9%+55.4%-325.8%
Profit before tax0.070.05(1.07)0.160.750.47(1.00)
Net profit0.07(0.01)(1.07)0.630.740.47(1.00)
Net profit margin+17.1%-3.3%-172.6%+165.8%+77.9%+56.6%-322.6%
EPS (₹)0.160.16(2.61)2.1334.0821.95(45.78)
Balance sheet
Total assets8.997.457.383.713.072.331.86
Net worth9.007.457.393.703.072.341.86
Total debt0.000.000.000.000.000.000.00
Cash & bank2.440.901.080.770.070.091.19
Net working capital5.854.063.490.820.920.751.13
Cash flow
Cash from operations(0.24)(1.03)(2.44)0.680.620.00-
Cash from investing0.300.86(1.98)0.01(0.64)0.00-
Cash from financing1.480.004.730.000.000.00-
ParticularsSep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023Dec 2022
Revenue0.270.220.340.150.000.130.120.00
Revenue growth (YoY)-+69.2%+183.3%-----
Other income0.17(0.02)0.060.090.000.000.000.01
Total expenses0.290.610.440.460.440.470.120.11
EBITDA(0.02)(0.39)(0.10)(0.31)(0.44)(0.34)0.00(0.11)
EBITDA margin-7.4%-177.3%-29.4%-206.7%--261.5%0.0%-
Depreciation0.010.000.010.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax0.14(0.41)(0.05)(0.22)(0.44)(0.34)0.00(0.10)
Tax0.000.000.000.000.000.000.00(0.47)

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 30 Oct 2026
ParticularsSep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023Dec 2022
Revenue5.760.002.521.400.430.420.120.01
Revenue growth (YoY)+1239.5%-100.0%+2000.0%-----
Other income0.050.000.030.050.000.000.000.02
EBITDA(0.96)0.000.02(0.70)(0.82)(0.22)(0.43)(0.64)
EBITDA margin-16.7%-+0.8%-50.0%-190.7%-52.4%-358.3%-6400.0%
Depreciation0.050.000.020.010.000.000.000.00
Interest0.010.000.000.010.000.000.000.00
Profit before tax(0.97)0.000.03(0.67)(0.82)(0.22)(0.43)(0.62)
Tax0.000.000.060.000.000.000.000.00
Net profit(0.97)0.00(0.03)(0.67)(0.82)(0.22)(0.43)(0.62)
EPS (₹)(2.38)0.00(0.07)(1.63)(2.04)(0.58)(1.44)(2.12)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue15.7613.814.761.552.441.560.13
Revenue growth+14.1%+190.1%+207.1%-36.5%+56.4%+1100.0%-
Other income0.110.430.090.400.660.040.30
Total expenses15.2713.676.481.922.041.871.88
Employee cost1.901.772.441.451.321.530.66
EBITDA0.490.14(1.72)(0.37)0.40(0.31)(1.75)
EBITDA margin+3.1%+1.0%-36.1%-23.9%+16.4%-19.9%-1346.2%
Depreciation0.060.090.020.000.000.010.01
Interest0.020.010.020.010.000.000.00
Profit before tax0.520.47(1.67)0.021.06(0.28)(1.46)
Tax0.04(0.38)0.06(0.47)0.01(0.03)(0.34)
Net profit0.470.49(2.03)0.290.22(0.06)(1.35)
Net profit margin+3.0%+3.6%-42.7%+18.7%+9.0%-3.9%-1038.5%
EPS (₹)1.151.21(4.89)1.8440.26(2.12)(52.12)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital4.074.074.072.970.230.230.23
Reserves & surplus2.061.471.740.062.022.011.98
Shareholders' funds (net worth)7.635.545.813.032.252.242.21
Minority interest0.000.000.380.140.190.070.00
Secured loans0.000.000.000.000.000.000.00
Unsecured loans1.851.460.380.060.150.640.00
Total debt1.851.460.380.060.150.640.00
Total liabilities9.517.026.563.232.592.942.21
Assets
Gross block0.360.350.250.060.060.070.08
Net block0.140.190.190.020.020.020.04
Capital work in progress0.000.000.000.010.000.000.00
Investments1.371.211.680.010.150.090.10
Inventories0.000.000.000.000.000.000.00
Sundry debtors0.390.360.350.901.881.160.58
Cash & bank balances2.911.101.661.220.440.811.42
Loans & advances3.763.282.110.510.320.110.24
Total current assets7.064.744.122.632.642.082.24
Total current liabilities0.851.291.100.210.230.191.09
Net working capital6.213.453.022.422.411.891.15
Total assets9.517.026.563.232.592.942.21
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash1.101.661.220.440.811.420.14
Net cash from operating activities0.12(2.51)(2.77)0.750.17(1.63)(1.40)
Net cash from investing activities(0.15)0.87(1.83)0.13(0.05)0.39(0.09)
Net cash from financing activities1.851.085.04(0.10)(0.49)0.632.77
Net change in cash1.82(0.56)0.440.78(0.37)(0.61)1.28
Closing cash2.911.101.661.220.440.811.42
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+14.1%+190.1%+207.1%-36.5%+56.4%+1100.0%-
EBITDA growth+250.0%+108.1%-364.9%-192.5%+229.0%+82.3%-
PBT growth+10.6%+9998.0%--98.1%+9998.0%+80.8%+9997.0%
Net income growth-4.1%+124.1%-800.0%+31.8%+466.7%+95.6%-
Revenue CAGR (3Y)+116.6%+78.2%+45.0%+128.5%---
EBITDA CAGR (3Y)--29.5%+77.0%-40.4%---
Profitability & leverage
Net income margin+3.1%+6.2%-36.3%+31.6%+43.0%-16.0%-861.5%
Return on capital employed+4.4%+5.5%0.0%-4.1%+9.9%0.0%0.0%
Return on net worth+4.5%+10.8%0.0%+4.9%+11.0%0.0%0.0%
Debt / equity0.250.160.050.040.180.140.00
Long-term debt / equity0.140.120.050.010.140.140.00
Interest cover4.6520.00-1.15-2.700.000.000.00
Efficiency & per share
Fixed asset turnover44.3946.0330.7125.8337.5420.801.63
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover42.0338.907.621.121.611.790.22
EPS (₹)1.151.21(4.89)1.8440.26(2.12)(52.12)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)15.0513.6014.2710.19103.11102.61101.35
ParticularsSep 2024Jun 2024Mar 2024Dec 2023Sep 2023Jun 2023Mar 2023Dec 2022
Revenue0.270.220.340.150.000.130.120.00
Revenue growth (YoY)-+69.2%+183.3%-----
Other income0.17(0.02)0.060.090.000.000.000.01
Total expenses0.290.610.440.460.440.470.120.11
EBITDA(0.02)(0.39)(0.10)(0.31)(0.44)(0.34)0.00(0.11)
EBITDA margin-7.4%-177.3%-29.4%-206.7%--261.5%0.0%-
Depreciation0.010.000.010.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.00
Profit before tax0.14(0.41)(0.05)(0.22)(0.44)(0.34)0.00(0.10)
Tax0.000.000.000.000.000.000.00(0.47)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue0.410.300.620.380.950.830.31
Revenue growth+36.7%-51.6%+63.2%-60.0%+14.5%+167.7%-
Other income0.390.390.150.080.010.020.02
Total expenses0.710.621.820.300.210.371.32
Employee cost0.170.160.270.190.040.190.86
EBITDA(0.30)(0.32)(1.20)0.080.740.46(1.01)
EBITDA margin-73.2%-106.7%-193.6%+21.1%+77.9%+55.4%-325.8%
Depreciation0.020.020.010.000.000.010.01
Interest0.000.000.010.000.000.000.00
Profit before tax0.070.05(1.07)0.160.750.47(1.00)
Tax0.000.000.00(0.47)0.010.000.00
Net profit0.07(0.01)(1.07)0.630.740.47(1.00)
Net profit margin+17.1%-3.3%-172.6%+165.8%+77.9%+56.6%-322.6%
EPS (₹)0.160.16(2.61)2.1334.0821.95(45.78)
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital4.074.074.072.970.230.230.23
Reserves & surplus3.433.383.320.732.842.111.63
Shareholders' funds (net worth)9.007.457.393.703.072.341.86
Secured loans0.000.000.000.000.000.000.00
Unsecured loans0.000.000.000.000.000.000.00
Total debt0.000.000.000.000.000.000.00
Total liabilities8.997.457.383.713.072.331.86
Assets
Gross block0.150.140.140.040.040.050.05
Net block0.070.080.090.000.000.000.01
Capital work in progress0.000.000.000.010.000.000.00
Investments1.651.642.122.122.131.490.43
Inventories0.000.000.000.000.000.000.00
Sundry debtors0.310.270.150.000.940.730.01
Cash & bank balances2.440.901.080.770.070.091.19
Loans & advances3.232.972.390.220.040.000.00
Total current assets5.984.143.620.991.050.821.20
Total current liabilities0.130.080.130.170.130.070.07
Net working capital5.854.063.490.820.920.751.13
Total assets8.997.457.383.713.072.331.86
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.901.080.770.070.090.00-
Net cash from operating activities(0.24)(1.03)(2.44)0.680.620.00-
Net cash from investing activities0.300.86(1.98)0.01(0.64)0.00-
Net cash from financing activities1.480.004.730.000.000.00-
Net change in cash1.54(0.17)0.310.69(0.02)0.00-
Closing cash2.440.901.080.770.070.09-
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+36.7%-51.6%+63.2%-60.0%+14.5%+167.7%-
EBITDA growth+6.3%+73.3%-1600.0%-89.2%+60.9%+145.5%-
PBT growth+40.0%+9998.0%--78.7%+59.6%+9998.0%-22.0%
Net income growth+800.0%+99.1%-269.8%-14.9%+57.5%+147.0%-
Revenue CAGR (3Y)+2.6%-31.9%-9.3%+7.0%+65.4%--
Profitability & leverage
Net income margin+17.1%+16.7%-172.6%+165.8%+77.9%+56.6%-322.6%
Return on capital employed+0.7%0.0%0.0%+3.2%+14.8%+13.9%0.0%
Return on net worth+0.7%0.0%0.0%+12.5%+14.6%+13.9%0.0%
Debt / equity0.000.000.000.000.000.000.04
Long-term debt / equity0.000.000.000.000.000.000.00
Interest cover0.000.00-0.830.000.000.000.00
Efficiency & per share
Fixed asset turnover2.832.146.899.5021.1116.606.89
Inventory turnover0.000.000.000.000.000.000.00
Debtors turnover1.411.438.270.811.142.247.75
EPS (₹)0.160.16(2.61)2.1334.0821.95(45.78)
Dividend per share (₹)0.000.000.000.000.000.000.00
Book value per share (₹)18.4218.3018.1512.47141.24107.2085.26

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Frequently Asked Questions about Sancode

Sancode was founded in 2016.

Sancode is headquartered in Cupertino, United States. It is registered at Cupertino, California, United States.

The primary company behind Sancode, Sancode Technologies Limited, reported revenue of ₹15.87 Cr for FY 2026, up 14% year on year.

Sancode was founded in 2016 and is located in Cupertino, United States. Services in IoT and automation are delivered within the technology sector. Operations center on developing solutions for connected devices and process automation. Leadership is provided by Managing Directors Amit Jain and Mihir Vora. The companys online presence is maintained through the domain sancodetech.com.

Sancode offers OSAT Solutions and Supply Chain Management.

Yes, Sancode is publicly traded on BSE under the ticker symbol SANCODE.

Sancode operates through Sancode Technologies Limited.

The legal entities of Sancode currently have 8 directors, including Mihir Vora, Mukeshkumar Devichand Jain, Sanjana Sanjeev Shah and others.

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