63 Moons Technologies Ltd. (63MOONS) AI Stock Analysis

• Market Cap: ₹43.57B
• Dividend Yield: 0.21%
• Average Volume (3M): 26.91K
• Price to Earnings (P/E): 47.9
• Beta (1Y): 1.20
• Revenue Growth: -76.17%
• EPS Growth: -112.31%
• Country: IN
• Employees: 863
• Sector: Technology
• Sector Strength: 97
• Industry: Software - Services
• EPS (TTM): 0.67
• Shares Outstanding: 46,078,537
• 10 Day Avg. Volume: 13,762
• 30 Day Avg. Volume: 26,907
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹978.00
• Price Target Upside: 3.42% Upside
• Rating Consensus: Hold
• Number of Analyst Covering: 1

• Rating: 48 Neutral
• Price Target: ₹978.00 ▲(3.42% Upside)

The overall stock score of 48 reflects major concerns with the company's financial performance, especially declining revenue and profitability, and negative cash flows. While the technical analysis suggests some potential for bullish momentum, the stock's valuation metrics are unattractive. These factors combine to create a challenging outlook for 63 Moons Technologies Ltd.

63 Moons Technologies Ltd. Business Overview & Revenue Model

Company Description

63 Moons Technologies Ltd. is a leading technology company operating primarily in the financial services sector. It specializes in providing innovative technology solutions for financial markets, including exchanges, brokerage firms, and financial institutions. The company's core products and services include trading platforms, exchange solutions, data feed services, and risk management tools designed to enhance the efficiency and transparency of financial transactions.

How the Company Makes Money

63 Moons Technologies Ltd. generates revenue through a variety of channels primarily centered around its technology offerings for the financial sector. The company earns money by licensing its proprietary trading platforms and software solutions to exchanges and financial institutions. Additionally, it provides data feed services which are subscription-based, generating recurring revenue. The company also earns through maintenance and support contracts for its technology solutions, as well as through consulting services offered to clients seeking tailored financial technology solutions. Strategic partnerships with various financial entities further contribute to its revenue by expanding its market reach and enhancing its service offerings.

63 Moons Technologies Ltd. Financial Statement Overview

Summary

The company faces challenges with declining revenue and profitability, impacting its income statement negatively. Despite a strong balance sheet with low leverage, cash flow issues are emerging, indicating potential liquidity problems. Operational inefficiencies and declining revenue trend need addressing to improve financial health.

Income Statement

The income statement shows significant volatility with a recent sharp decline in revenue and profitability. The gross profit margin is negative in the latest year, indicating inefficiencies or high costs. Net profit margins have also deteriorated, with substantial net losses recorded in the latest TTM period compared to previous profitable years. Revenue growth has reversed, showing a decline from the previous year, which is concerning for future prospects.

Balance Sheet

The balance sheet remains relatively robust, with a strong equity base and a low debt-to-equity ratio, indicating low financial leverage. The equity ratio is high, suggesting a stable financial structure. However, the declining net income impacts return on equity, which has turned negative in the latest period. Overall, the company maintains a solid asset base, which is a positive indicator of financial health.

Cash Flow

Cash flow analysis reveals a negative trend in operating cash flows, with the latest TTM showing significant negative operating cash flow. Free cash flow has also turned negative, indicating potential liquidity issues if this trend continues. The ratios of operating and free cash flows to net income are unfavorable, suggesting inefficiencies in converting income into cash.

Breakdown	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	468.20M	4.72B	2.90B	1.60B	1.58B
Gross Profit	-732.77M	2.70B	1.25B	296.16M	423.00M
EBITDA	-2.35B	2.43B	410.99M	-632.87M	-447.49M
Net Income	-331.70M	2.23B	-163.09M	-743.78M	-636.88M
Balance Sheet
Total Assets	36.79B	36.45B	34.66B	33.68B	33.46B
Cash, Cash Equivalents and Short-Term Investments	20.84B	14.23B	18.53B	15.42B	13.63B
Total Debt	28.48M	51.71M	42.02M	2.79M	4.96M
Total Liabilities	2.43B	3.27B	3.75B	2.91B	2.91B
Stockholders Equity	34.14B	33.47B	31.15B	30.96B	30.55B
Cash Flow
Free Cash Flow	-1.54B	1.65B	510.60M	-1.28B	-392.11M
Operating Cash Flow	-1.43B	1.70B	707.12M	-1.02B	-357.95M
Investing Cash Flow	-477.47M	-999.70M	499.84M	749.72M	600.35M
Financing Cash Flow	1.65B	217.29M	189.20M	808.04M	-4.26M

63 Moons Technologies Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 945.65
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:63MOONS, the sentiment is Neutral. The current price of 945.65 is below the 20-day moving average (MA) of 1001.99, below the 50-day MA of 982.69, and above the 200-day MA of 802.75, indicating a neutral trend. The MACD of -18.43 indicates Positive momentum. The RSI at 40.69 is Neutral, neither overbought nor oversold. The STOCH value of 27.26 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:63MOONS.

63 Moons Technologies Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
NPST	76 Outperform	₹42.00B	115.11		―	-8.62%	-1.91%
RSYSTEMS	73 Outperform	₹51.03B	35.85		2.90%	4.36%	35.84%
CIGNITITEC	67 Neutral	₹41.85B	16.44		0.35%	12.80%	93.53%
AVALON	66 Neutral	₹58.82B	73.17		―	46.95%	326.06%
Sector *	63 Neutral	€2.32B	20.54	4.63%	2.75%	5.30%	-63.21%
IKIO	57 Neutral	₹14.66B	65.77		0.52%	4.89%	-62.30%
63MOONS	48 Neutral	₹43.57B	47.94		0.21%	-76.17%	-112.31%

63 Moons Technologies Ltd. Corporate Events

63 Moons Technologies Ensures Compliance with SEBI Regulations

63 Moons Technologies Ltd. has announced that Dewang Neralla has submitted a declaration in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The declaration states that there has been no encumbrance of shares, directly or indirectly, by him or any person acting in concert during the financial year ending March 31, 2025. This announcement ensures transparency and compliance with regulatory requirements, potentially reassuring stakeholders about the company’s governance practices.

63 Moons Technologies Initiates Postal Ballot for Shareholder Resolutions

63 Moons Technologies Ltd. has announced a postal ballot notice to its members, seeking their consent on various resolutions through remote e-voting. This initiative, compliant with SEBI regulations and facilitated by KFin Technologies, underscores the company’s commitment to maintaining transparent and efficient shareholder communication. The e-voting period is set from June 25 to July 24, 2025, with results to be announced on July 25, 2025.