63 Moons Technologies Ltd. (IN:63MOONS)
:63MOONS
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63 Moons Technologies Ltd.
(63MOONS)
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Rating:46Neutral
Price Target:
₹535.00
▼(-26.28% Downside)
Action:ReiteratedDate:01/21/26
The score is held down primarily by weakening financial performance (declining revenue, losses, and negative operating/free cash flow). Technicals add further pressure with a sustained downtrend across key moving averages and negative MACD. Valuation gets limited support from the dividend yield, but the negative P/E and weak cash generation constrain the overall rating.
Positive Factors
Strong Balance Sheet
A high equity ratio and low financial leverage provide durable financial flexibility: the company can fund operations, absorb shocks, and pursue strategic investments or tender support without immediate reliance on external debt, moderating liquidity risk over the medium term.
Negative Factors
Declining Revenue and Profitability
Sharp revenue decline and negative gross margins reflect structural pressures in core operations or pricing/cost mismatches. Persistent top-line deterioration reduces scale benefits, weakens margins, and undermines the firm's ability to invest in product R&D and sales, risking further market share loss.
Read all positive and negative factors
Positive Factors
Negative Factors
Strong Balance Sheet
A high equity ratio and low financial leverage provide durable financial flexibility: the company can fund operations, absorb shocks, and pursue strategic investments or tender support without immediate reliance on external debt, moderating liquidity risk over the medium term.
Read all positive factors
63 Moons Technologies Ltd. (63MOONS) vs. iShares MSCI India ETF (INDA)
Market Cap
₹25.14B
Dividend Yield0.16%
Average Volume (3M)8.37K
Price to Earnings (P/E)―
Beta (1Y)1.28
Revenue Growth-72.26%
EPS Growth-142.14%
CountryIN
Employees863
SectorTechnology
Sector Strength88
IndustrySoftware - Services
Share Statistics
EPS (TTM)-4.29
Shares Outstanding46,078,537
10 Day Avg. Volume8,561
30 Day Avg. Volume8,366
Financial Highlights & Ratios
PEG Ratio0.77
Price to Book (P/B)0.89
Price to Sales (P/S)64.81
P/FCF Ratio-19.70
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)N/A
Revenue Forecast (FY)N/A
63 Moons Technologies Ltd. Business Overview & Revenue Model
Company Description
63 Moons Technologies Ltd. is a holding company, which engages in the provision of computer programming, consultancy, and related services. The company is headquartered in Mumbai, Maharashtra and currently employs 872 full-time employees. The firm...
How the Company Makes Money
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63 Moons Technologies Ltd. Financial Statement Overview
Summary
Income Statement
30
Negative
Balance Sheet
65
Positive
Cash Flow
40
Negative
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 762.49M | 468.20M | 4.72B | 2.90B | 1.60B | 1.60B |
| Gross Profit | -1.13B | -732.77M | 2.70B | 1.25B | 296.16M | 384.54M |
| EBITDA | -200.40M | -2.35B | 2.32B | 410.99M | -632.87M | -447.49M |
| Net Income | -341.00M | -331.70M | 2.23B | -163.09M | -531.73M | -632.93M |
Balance Sheet | ||||||
| Total Assets | 38.69B | 36.79B | 36.45B | 34.66B | 33.68B | 33.46B |
| Cash, Cash Equivalents and Short-Term Investments | 22.21B | 20.84B | 14.23B | 15.74B | 15.42B | 13.63B |
| Total Debt | 52.99M | 28.48M | 51.71M | 42.02M | 2.79M | 4.96M |
| Total Liabilities | 2.89B | 2.43B | 3.27B | 3.75B | 2.91B | 2.91B |
| Stockholders Equity | 34.94B | 34.14B | 33.47B | 31.15B | 30.96B | 30.91B |
Cash Flow | ||||||
| Free Cash Flow | -1.36B | -1.54B | 1.65B | 510.60M | -1.28B | -392.11M |
| Operating Cash Flow | -1.33B | -1.43B | 1.70B | 707.12M | -1.02B | -357.95M |
| Investing Cash Flow | -304.36M | -477.47M | -999.70M | 499.84M | 749.72M | 600.35M |
| Financing Cash Flow | 1.94B | 1.65B | 217.29M | 189.20M | 808.04M | -4.26M |
63 Moons Technologies Ltd. Technical Analysis
Neutral
725.70
Price Trends
592.97
Negative
666.29
Negative
796.41
Negative
Market Momentum
-26.78
Negative
50.04
Neutral
65.34
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 725.7 is above the 20-day moving average (MA) of 531.30, above the 50-day MA of 592.97, and below the 200-day MA of 796.41, indicating a neutral trend. The MACD of -26.78 indicates Negative momentum. The RSI at 50.04 is Neutral, neither overbought nor oversold. The STOCH value of 65.34 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
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
69 Neutral | ₹25.45B | 59.05 | ― | 0.14% | -36.28% | -44.04% | |
66 Neutral | ₹34.51B | 14.03 | ― | ― | 13.58% | 104.94% | |
62 Neutral | ₹33.72B | 25.72 | ― | 3.06% | 8.36% | 36.68% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | ₹66.58B | 44.93 | ― | ― | 46.80% | 201.41% | |
56 Neutral | ₹10.17B | 38.21 | ― | 0.55% | 11.73% | -64.05% | |
46 Neutral | ₹25.14B | -41.90 | ― | 0.16% | -72.26% | -142.14% |
* Technology Sector Average
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63 Moons Technologies Ltd. Corporate Events
NSE Warns 63 Moons Over Misleading Disclosure on MSE Trading Engine Upgrade
Feb 23, 2026
63 Moons Technologies disclosed that it has received a warning letter from the National Stock Exchange of India over a January 27, 2026 announcement about the launch of an upgraded trading engine at the Metropolitan Stock Exchange of India. NSE sa...
63 Moons Says Share Price Surge Is Market-Driven, No Undisclosed Developments
Feb 10, 2026
63 Moons Technologies Ltd. has responded to a query from the National Stock Exchange of India regarding a significant increase in trading volume and price movement in its shares, stating that it has made all required disclosures under listing regu...
63 Moons Confirms Tech Upgrade Deal With Metropolitan Stock Exchange
Feb 3, 2026
63 moons technologies limited has clarified to the stock exchanges that the Metropolitan Stock Exchange of India Limited has gone live with an upgraded system and market infrastructure using technology supplied by the company, effective 27 January...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.