Cambridge Technology Enterprises Limited (IN:CTE)
:CTE
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Cambridge Technology Enterprises Limited
(CTE)
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Rating:51Neutral
Price Target:
₹32.00
▼(-19.90% Downside)
Action:Reiterated
Date:06/02/26
The score is driven primarily by mixed financial performance—volatile revenue/earnings and elevated leverage offset by a notable FY2026 cash-flow rebound. Technicals are moderately supportive but still below the long-term (200DMA) trend, while valuation is penalized by a negative P/E that signals earnings instability.
Positive Factors
Cash generation rebound
A material rebound in FY2026 operating and free cash flow improves the company's ability to fund operations, servicing of debt, and strategic investments without relying on external financing. If sustained, stronger cash conversion raises financial flexibility and supports durable operational stability.
Negative Factors
Revenue decline and volatility
Multi-year top-line volatility with recent consecutive declines undermines scale benefits and makes planning and margin recovery harder. Persistent revenue contractions can erode competitive positioning, reduce bargaining power with partners, and limit the firm's ability to sustain investments in products and talent over the medium term.
Read all positive and negative factors
Positive Factors
Negative Factors
Cash generation rebound
A material rebound in FY2026 operating and free cash flow improves the company's ability to fund operations, servicing of debt, and strategic investments without relying on external financing. If sustained, stronger cash conversion raises financial flexibility and supports durable operational stability.
Read all positive factors
Cambridge Technology Enterprises Limited (CTE) vs. iShares MSCI India ETF (INDA)
Market Cap
₹608.76M
Dividend YieldN/A
Average Volume (3M)13.80K
Price to Earnings (P/E)130.4
Beta (1Y)1.63
Revenue Growth-9.00%
EPS GrowthN/A
CountryIN
Employees286
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)-7.79
Shares Outstanding19,631,016
10 Day Avg. Volume2,539
30 Day Avg. Volume13,800
Financial Highlights & Ratios
PEG Ratio-0.90
Price to Book (P/B)0.54
Price to Sales (P/S)0.24
P/FCF Ratio1.69
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
Cambridge Technology Enterprises Limited Business Overview & Revenue Model
Company Description
Cambridge Technology Enterprises Limited (CTE) is a business and technology services firm specializing in delivering enterprise transformation and integration solutions, leveraging a service-oriented architecture approach. The company maintains a ...
How the Company Makes Money
CTE makes money by offering IT services and digital transformation solutions to its clients. The company's primary revenue streams include fees earned from consulting services, implementation of cloud and AI technologies, custom application develo...
Cambridge Technology Enterprises Limited Financial Statement Overview
Summary
Income Statement
44
Neutral
Balance Sheet
52
Neutral
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 1.96B | 1.81B | 1.99B | 2.06B | 1.82B | 1.12B |
| Gross Profit | 261.19M | 232.15M | -19.58M | 432.68M | 354.56M | 265.54M |
| EBITDA | 114.39M | 149.36M | -215.74M | 250.25M | 217.14M | 189.10M |
| Net Income | -152.82M | 4.77M | -480.62M | 55.79M | 81.47M | 97.96M |
Balance Sheet | ||||||
| Total Assets | 1.80B | 1.85B | 1.96B | 2.72B | 1.77B | 1.34B |
| Cash, Cash Equivalents and Short-Term Investments | 128.08M | 131.91M | 23.84M | 252.73M | 33.95M | 142.13M |
| Total Debt | 797.55M | 808.66M | 862.42M | 1.20B | 569.28M | 356.78M |
| Total Liabilities | 1.13B | 1.05B | 1.28B | 1.60B | 774.77M | 489.91M |
| Stockholders Equity | 677.88M | 803.75M | 679.47M | 1.12B | 987.78M | 853.86M |
Cash Flow | ||||||
| Free Cash Flow | 215.79M | 256.99M | 96.60M | -253.69M | -305.92M | -193.78M |
| Operating Cash Flow | 215.99M | 285.78M | 432.09M | 124.19M | -220.53M | 64.08M |
| Investing Cash Flow | -199.00K | -28.80M | -334.88M | -430.10M | -85.30M | -257.72M |
| Financing Cash Flow | -192.99M | -152.31M | -326.36M | 524.69M | 205.66M | 184.36M |
Cambridge Technology Enterprises Limited Technical Analysis
Positive
39.95
Price Trends
31.28
Positive
31.03
Positive
37.37
Negative
Market Momentum
0.17
Positive
52.20
Neutral
43.14
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:CTE, the sentiment is Positive. The current price of 39.95 is above the 20-day moving average (MA) of 32.30, above the 50-day MA of 31.28, and above the 200-day MA of 37.37, indicating a neutral trend. The MACD of 0.17 indicates Positive momentum. The RSI at 52.20 is Neutral, neither overbought nor oversold. The STOCH value of 43.14 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Positive sentiment for IN:CTE.
Cambridge Technology Enterprises Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
53 Neutral | ₹513.60M | 54.99 | ― | ― | 53.44% | 57.06% | |
51 Neutral | ₹608.76M | 130.39 | ― | ― | -9.00% | ― | |
44 Neutral | ₹1.32B | -16.80 | ― | ― | -4.18% | 15.89% | |
41 Neutral | ₹314.84M | -0.64 | ― | ― | -29.59% | -3524.70% | |
37 Underperform | ₹1.28B | -14.74 | ― | ― | -26.19% | -172.63% |
* Technology Sector Average
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Cambridge Technology Enterprises Limited Corporate Events
Cambridge Technology Enterprises Revamps Board with New Independent Director
May 31, 2026
Cambridge Technology Enterprises has reshaped its board composition, announcing the resignation of non-executive independent director Sreenivas Medepalli effective May 8, 2026, and formally recording appreciation for his contributions. The company...
Cambridge Technology Enterprises Appoints New Internal Auditor for FY 2026-27
May 31, 2026
Cambridge Technology Enterprises Limited has announced that its Board of Directors, acting on the recommendation of the Audit Committee, has approved the appointment of M/s Aggarwal Monika Co., Chartered Accountants, as the company’s intern...
Cambridge Technology Enterprises Reshapes Board With Independent Director Changes
May 31, 2026
Cambridge Technology Enterprises Limited has announced changes to its board, reflecting ongoing adjustments in its governance structure as disclosed to the stock exchanges under SEBI’s Listing Regulations. The move underscores the company...
Cambridge Technology Reconstitutes Nomination and Remuneration Committee After Board Changes
May 31, 2026
Cambridge Technology Enterprises Limited has reconstituted its Nomination and Remuneration Committee following recent changes in its board composition. The move comes after the resignation of non-executive independent director Srinivas Medepalli a...
Cambridge Technology Board Addresses NSE Fine Over Delayed Shareholding Disclosure
May 31, 2026
Cambridge Technology Enterprises Limited disclosed that it was fined by the National Stock Exchange of India for a delay in submitting its shareholding pattern for the quarter ended 31 December 2025, constituting non-compliance with Regulation 31 ...
Cambridge Technology Completes Sale of R.P. Web Apps Subsidiary
Apr 6, 2026
Cambridge Technology Enterprises Limited has completed the divestment of its entire 100% equity stake in R.P. Web Apps Private Limited, a wholly owned subsidiary. The 60,880 shares, each with a face value of Rs. 10, have been transferred to AKIT I...
Cambridge Technology Enterprises to Divest Two Subsidiaries, Announces KMP Exit and Governance Moves
Mar 30, 2026
Cambridge Technology Enterprises’ board has approved the divestment of its entire shareholding in two wholly owned subsidiaries, R.P. Web Apps Private Limited and CTE Technology Solutions Private Limited, which will cease to be subsidiaries ...
Cambridge Technology Enterprises to Exit Two Subsidiaries, Reshuffles Leadership
Mar 30, 2026
Cambridge Technology Enterprises’ board has approved the divestment of its entire shareholding in two wholly owned subsidiaries, R.P. Web Apps Private Limited and CTE Technology Solutions Private Limited, which will cease to be subsidiaries ...
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.