Equippp Social Impact Technologies Limited (EQUIPPP) AI Stock Analysis

• Market Cap: ₹1.68B
• Dividend Yield: N/A
• Average Volume (3M): 3.48K
• Price to Earnings (P/E): 445.3
• Beta (1Y): -0.25
• Revenue Growth: 846.13%
• EPS Growth: N/A
• Country: IN
• Employees: 4
• Sector: Technology
• Sector Strength: 88
• Industry: Agricultural Inputs
• EPS (TTM): 0.01
• Shares Outstanding: 103,095,220
• 10 Day Avg. Volume: 9,341
• 30 Day Avg. Volume: 3,475
• PEG Ratio: -1.10
• Price to Book (P/B): 22.14
• Price to Sales (P/S): 26.84
• P/FCF Ratio: -100.08
• 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: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 40 Underperform
• Price Target: ₹15.50 ▼(-33.76% Downside)
• Action: Downgraded Date: 03/07/26
• Date: Action: Downgraded 03/07/26

The score is held down mainly by weak cash flow and high leverage, alongside very expensive valuation (high P/E with no dividend support). Technicals are bearish with the stock trading below major moving averages, though oversold RSI/Stoch provide a small offset.

Positive Factors

Revenue Growth

Sustained, outsized revenue growth indicates expanding market adoption and scale in the core agricultural inputs business. Over 2–6 months this underpins stronger top-line momentum, supports future margin expansion through fixed-cost absorption, and validates the business model's structural demand.

Improving margins

Improving EBIT/EBITDA margins signal rising operational efficiency and better cost control. If sustained, higher operating margins create durable cash generation potential, greater reinvestment capacity and resilience to revenue volatility, supporting long-term profitability even with industry cyclicality.

Improved ROE

A rising ROE reflects more effective deployment of shareholder capital and improving core profitability. Over months this can attract investor and lender confidence, easing access to capital and enabling strategic investments that compound returns if operational improvements persist.

Negative Factors

High leverage

Significant leverage increases fixed interest obligations and reduces financial flexibility. Over the medium term this raises refinancing and solvency risk, limits capacity for capex or opportunistic investments, and amplifies earnings volatility if revenue or margins soften.

Weak cash generation

Persistent negative operating and free cash flow forces reliance on external financing to fund growth and working capital. This structural cash weakness can erode liquidity cushions, increase interest costs, and constrain sustainable reinvestment or dividend capacity over the coming months.

Low net margin

A wide gap between gross and net margins indicates cost or expense pressures that limit converting revenue into retained earnings. Persistently low net margins make profitability vulnerable to cost inflation and reduce internal funding for growth, weakening long-term financial durability.

Equippp Social Impact Technologies Limited Business Overview & Revenue Model

Company Description

Equippp Social Impact Technologies Limited engages in the agri-commodities trading and seed businesses in India. The company was formerly known as Proseed India Limited and changed its name to Equippp Social Impact Technologies Limited in June 2021. Equippp Social Impact Technologies Limited was incorporated in 1991 and is based in Hyderabad, India.

How the Company Makes Money

EQUIPPP generates revenue through a combination of software-as-a-service (SaaS) subscriptions, consulting services, and partnerships with non-profit organizations and governmental agencies. The SaaS model allows clients to access EQUIPPP's platforms on a subscription basis, providing a steady stream of recurring income. Additionally, the company offers consulting services to help organizations implement technology solutions tailored to their specific needs, which contributes to another key revenue stream. Collaborations with various stakeholders, including NGOs and private sector companies, enhance its financial stability and expand its market reach, as these partnerships often involve co-development of projects funded through grants and shared revenue models.

Equippp Social Impact Technologies Limited Financial Statement Overview

Summary

Income statement trends show strong revenue growth and improving EBIT/EBITDA margins, but overall financial quality is pressured by high leverage on the balance sheet and weak cash generation with negative operating/free cash flow.

Income Statement

Equippp Social Impact Technologies Limited has shown significant revenue growth with a massive increase from the previous year, indicating a positive growth trajectory. The gross profit margin is strong, but the net profit margin is relatively low, mainly due to high expenses impacting net income. The EBIT and EBITDA margins have improved, which is a positive indicator of operational efficiency.

Balance Sheet

The company exhibits a high debt-to-equity ratio, indicating significant leverage, which could pose financial risk. However, the return on equity (ROE) has improved due to better net income performance, showing effective use of equity. The equity ratio is moderate, suggesting a reasonable level of equity in the total asset base.

Cash Flow

The cash flow statement reveals challenges in generating positive operating cash flow, with persistent negative free cash flow. This indicates reliance on external financing for liquidity needs. The operating cash flow to net income ratio is unfavorable, suggesting inefficiencies in converting income into cash.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	162.03M	71.40M	18.74M	15.01M	0.00	77.70K
Gross Profit	158.46M	68.90M	9.73M	10.02M	-7.27M	-11.60K
EBITDA	23.59M	19.56M	919.00K	5.82M	-5.97M	-10.74M
Net Income	9.98M	5.82M	-2.81M	2.71M	-29.48M	258.26M
Balance Sheet
Total Assets	0.00	269.12M	99.73M	94.39M	76.71M	20.20M
Cash, Cash Equivalents and Short-Term Investments	49.58M	96.84M	1.30M	7.46M	113.00K	407.93K
Total Debt	0.00	88.51M	19.86M	13.88M	5.13M	21.85M
Total Liabilities	-132.32M	136.79M	32.25M	24.13M	9.16M	23.16M
Stockholders Equity	132.32M	86.55M	67.48M	70.26M	67.56M	-2.96M
Cash Flow
Free Cash Flow	0.00	-19.15M	-10.67M	-737.00K	-83.57M	-25.64M
Operating Cash Flow	0.00	-5.72M	-10.18M	3.83M	-1.56M	-25.64M
Investing Cash Flow	0.00	-13.43M	-796.00K	-4.57M	-82.02M	0.00
Financing Cash Flow	0.00	67.43M	4.81M	8.09M	83.28M	21.85M

Equippp Social Impact Technologies Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 23.40
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Positive
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:EQUIPPP, the sentiment is Negative. The current price of 23.4 is above the 20-day moving average (MA) of 18.25, above the 50-day MA of 19.92, and above the 200-day MA of 19.65, indicating a bearish trend. The MACD of -0.73 indicates Positive momentum. The RSI at 26.64 is Positive, neither overbought nor oversold. The STOCH value of 8.54 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:EQUIPPP.

Equippp Social Impact Technologies Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INTENTECH	69 Neutral	₹2.24B	28.04	―	0.84%	-10.39%	-52.44%
IVP	64 Neutral	₹1.31B	8.06	―	0.68%	7.44%	-9.39%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
DEVIT	54 Neutral	₹1.47B	-6.20	―	0.49%	30.15%	330.45%
RSSOFTWARE	45 Neutral	₹833.06M	-3.84	―	0.46%	-52.09%	-142.64%
LCCINFOTEC	41 Neutral	₹540.55M	-4,159.50	―	―	―	―
EQUIPPP	40 Underperform	₹1.68B	445.31	―	―	846.13%	―

Equippp Social Impact Technologies Limited Corporate Events

Equippp Highlights Sandbox Session on Constituency Development Exchange and AI-Social Tech

Equippp Social Impact Technologies Limited has notified the stock exchanges about a press release concerning its sandbox session on the Constituency Development Exchange (CDX) and AI-Social Tech Professionals. The initiative underscores the company’s efforts to develop and test technology-driven solutions for constituency development and social impact, signaling a continued push to position itself at the intersection of governance, social innovation and AI-enabled platforms for stakeholders in the public and social sectors.

Equippp Forms Wholly Owned Subsidiary P4 Goods and Services

Equippp Social Impact Technologies Limited has incorporated a wholly owned subsidiary, P4 Goods and Services Private Limited, following approval from the Ministry of Corporate Affairs on 22 December 2025, which has issued the certificate of incorporation. The move, formally disclosed under SEBI’s listing regulations, signals a strategic expansion of Equippp’s corporate structure that could enable more focused operations or new business lines under a dedicated entity, with details on the subsidiary’s specifics to be provided in compliance with recent SEBI circulars, thereby maintaining transparency for investors and other stakeholders.

Equippp Partners with Telangana Government to Drive Holistic Growth

Equippp Social Impact Technologies Limited has entered into a strategic partnership with the Government of Telangana through the execution of a Memorandum of Understanding (MoU), aiming to assist in strategic outreach, investor coordination, and initiatives supporting Telangana’s 360-degree growth. By leveraging its expertise in PPPs and cross-sector collaborations, Equippp will actively promote investment opportunities, build connections with domestic and global stakeholders, and reinforce Public-Private Partnership initiatives, strengthening Telangana’s visibility and overall development.