GACM Technologies Limited (GATECH) AI Stock Analysis

• Market Cap: ₹581.23M
• Dividend Yield: N/A
• Average Volume (3M): 6.47M
• Price to Earnings (P/E): 14.7
• Beta (1Y): 0.76
• Revenue Growth: N/A
• EPS Growth: N/A
• Country: IN
• Employees: 5
• Sector: Technology
• Sector Strength: 88
• Industry: Asset Management
• EPS (TTM): <0.01
• Shares Outstanding: 1,102,742,200
• 10 Day Avg. Volume: 6,796,489
• 30 Day Avg. Volume: 6,471,815
• PEG Ratio: 0.06
• Price to Book (P/B): 0.77
• Price to Sales (P/S): 2.82
• P/FCF Ratio: -1.66
• 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: 61 Neutral
• Price Target: ₹0.49 ▼(-13.39% Downside)
• Action: N/A Date: 01/04/26
• Date: Action: N/A 01/04/26

The score is driven by a sharp 2025 earnings and balance-sheet improvement but capped by consistently negative operating/free cash flow, which elevates risk until cash conversion improves. Technicals remain weak-to-neutral (below key moving averages with negative MACD), while valuation is a positive offset given the low P/E.

Positive Factors

Improved 2025 Profitability

Sharp margin expansion and positive 2025 earnings indicate the company can convert revenue into high operating profitability. Sustained elevated margins improve resilience to cost shocks, create internal funding capacity for reinvestment, and strengthen long-term operating leverage if maintained.

Stronger Balance Sheet (zero debt)

Transition to zero reported debt materially reduces solvency and refinancing risk, increasing financial flexibility. A stronger equity base supports strategic investment and shields operations during downturns, improving structural stability over the medium term.

High Revenue Growth Trend

Elevated historical revenue growth signals strong top-line momentum and market traction. Sustained high growth supports scale benefits, market share gains and potential margin sustainment as fixed costs are absorbed, underpinning longer-term earnings potential if conversion holds.

Negative Factors

Weak Cash Generation

Persistent negative operating and free cash flow undermines earnings quality and creates structural funding risk. Without reliable cash conversion, the company may need external financing or equity raises, limiting strategic choices and increasing vulnerability despite reported accounting profits.

Historical Leverage & Negative Equity

A history of elevated leverage and past negative equity signals prior solvency stress and execution gaps. Even with recent improvement, legacy balance-sheet volatility can impair creditor confidence, raise cost of capital, and reflect structural weaknesses that take time to fully remedy.

Earnings Volatility

Material prior-year volatility in earnings and operating profitability reduces confidence in sustained performance. Such swings complicate planning, make cash-flow forecasting harder, and raise the risk that current profits are cyclical or one-off rather than durable operational improvement.

GACM Technologies Limited Business Overview & Revenue Model

Company Description

GACM Technologies Limited provides financial consulting and financial technology-related services. The company was formerly known as Stampede Capital Limited and changed its name to GACM Technologies Limited in May 2023. GACM Technologies Limited was incorporated in 1995 and is based in Hyderabad, India.

GACM Technologies Limited Financial Statement Overview

Summary

Reported profitability rebounded strongly in 2025 (revenue up ~24% with sharp margin expansion and positive earnings) and the balance sheet improved to zero debt. However, persistent negative operating cash flow across all years (and deeply negative free cash flow in 2025) materially weakens earnings quality and raises sustainability risk, while prior-year volatility and past leverage/negative equity add uncertainty.

Income Statement

Profitability improved meaningfully in the latest annual period (2025): revenue grew ~24% and margins expanded sharply (gross margin ~61%, EBITDA margin ~50%, net margin ~30%), resulting in solid positive earnings. However, results have been volatile across prior years, including large losses and negative operating profitability in earlier periods, which tempers confidence in durability.

Balance Sheet

The balance sheet strengthened significantly in 2025 with zero reported debt and a much larger equity base, supporting a healthier financial posture. That said, the company previously carried elevated leverage (debt higher than equity in 2024) and even negative equity in 2023, highlighting historical balance-sheet instability and execution risk despite the recent improvement.

Cash Flow

Cash generation is the key weakness: operating cash flow is negative in every year shown, including 2025, and free cash flow is deeply negative in 2025. The business is not converting reported profits into cash, which raises questions around working-capital needs, reinvestment intensity, and the sustainability of earnings quality until cash flow turns consistently positive.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	207.45M	136.55M	74.74M	103.86M	63.02M	93.69M
Gross Profit	165.11M	83.04M	42.96M	23.89M	-26.02M	10.45M
EBITDA	133.61M	68.61M	25.13M	5.96M	-69.62M	-3.95M
Net Income	91.15M	41.25M	11.33M	-11.77M	-80.39M	-9.97M
Balance Sheet
Total Assets	1.21B	663.57M	184.44M	130.73M	122.72M	98.08M
Cash, Cash Equivalents and Short-Term Investments	41.56M	35.69M	10.48M	8.43M	8.56M	9.48M
Total Debt	0.00	0.00	88.49M	172.03M	167.15M	38.66M
Total Liabilities	166.67M	167.11M	113.12M	196.87M	182.06M	77.49M
Stockholders Equity	1.05B	496.46M	71.32M	-66.14M	122.72M	20.59M
Cash Flow
Free Cash Flow	-360.11M	-231.95M	-34.50M	-10.17M	-129.69M	-38.90M
Operating Cash Flow	-20.60M	-45.81M	-34.50M	-6.63M	-106.46M	-26.59M
Investing Cash Flow	-472.93M	-248.47M	312.04K	-3.15M	-20.61M	6.51M
Financing Cash Flow	493.62M	292.28M	36.23M	-530.00K	122.85M	25.54M

GACM Technologies Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
GATECH	61 Neutral	₹581.23M	14.74	―	―	―	―
CALSOFT	60 Neutral	₹767.91M	25.96	―	―	―	―
VISESHINFO	37 Underperform	₹1.28B	-41.25	―	―	-18.82%	-176.60%