SecureKloud Technologies Limited (SECURKLOUD) AI Stock Analysis

• Market Cap: ₹671.55M
• Dividend Yield: N/A
• Average Volume (3M): 29.28K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.71
• Revenue Growth: -48.96%
• EPS Growth: -422.00%
• Country: IN
• Employees: 219
• Sector: Technology
• Sector Strength: 88
• Industry: Software - Application
• EPS (TTM): -0.64
• Shares Outstanding: 33,410,606
• 10 Day Avg. Volume: 3,434
• 30 Day Avg. Volume: 29,277
• PEG Ratio: 0.07
• Price to Book (P/B): 2.46
• Price to Sales (P/S): 0.36
• P/FCF Ratio: -1.24
• 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: 41 Neutral
• Price Target: ₹21.00 ▲(1.01% Upside)
• Action: Reiterated Date: 03/11/26
• Date: Action: Reiterated 03/11/26

The score is primarily constrained by weak financial performance, including declining revenue, persistent losses, negative operating/free cash flow, and balance-sheet stress (high leverage and negative equity). Technical indicators also point to bearish momentum, while valuation signals are not supportive due to negative earnings and no dividend data.

Positive Factors

Recurring managed‑services revenue

A revenue mix that includes recurring managed‑services contracts provides predictable, contractually backed cash inflows and client lock‑in. Over 2–6 months this structural stream supports revenue stability, higher lifetime value, and a base for cross‑sell and margin improvement.

Broad cloud, data/AI and cybersecurity services

A diversified service portfolio across cloud migration, cloud‑native engineering, data/AI and cybersecurity aligns with secular enterprise digitization trends. This breadth enables cross‑selling, reduces dependency on one service line, and supports long‑term client retention and demand resilience.

Delivery capacity and lower equity market volatility

A mid‑sized team (219 employees) implies operational delivery capability for enterprise projects without excessive overhead, supporting project execution and managed services. A lower beta indicates relatively less market volatility, helping management plan investments and contract delivery over the medium term.

Negative Factors

High leverage and negative shareholders' equity

Heavy reliance on debt and negative equity are structural constraints: higher interest burden, constrained access to new financing, and reduced ability to absorb shocks. Over months this limits capacity to invest in sales or product development and raises covenant/default risks.

Steep, persistent revenue decline

A greater than 50% revenue contraction is a structural red flag: it erodes scale economies, weakens pricing power, and reduces headroom to fund go‑to‑market efforts. If sustained across quarters, recovery requires material re‑acceleration of sales or new stable contract wins.

Negative operating and free cash flow

Consistent negative operating and free cash flows mean the business is not self‑funding. Over the medium term this forces reliance on external financing, limits reinvestment, and heightens refinancing and solvency risk, impairing durable operational recovery.

SecureKloud Technologies Limited Business Overview & Revenue Model

Company Description

SecureKloud Technologies Limited provides information and technology services in India, the United States, the Middle East, Singapore, and Australia. Its solutions include CloudEz, a managed cloud foundation platform that enables businesses to transform and manage their cloud infrastructure across any cloud service provider, such as AWS, Google Cloud Platform, or Microsoft Azure; DataEz, a cloud-based data analytics and AI engineering platform; Readabl.ai, an AI-based automated medical document processing solution; Blockedge, an end-to-end automated blockchain infrastructure management platform; and Neutral Zone, a data collaboration platform. The company also provides managed services and support, including post-implementation support and cloud hosting; strategic advisory, implementation, and development services; cloud foundation accelerators; and security and compliance services. It serves healthcare, pharmaceutical and life sciences, manufacturing, information technology, banking, and financial services. The company was formerly known as 8K Miles Software Services Limited and changed its name to SecureKloud Technologies Limited in January 2021. SecureKloud Technologies Limited was incorporated in 1985 and is based in Chennai, India.

How the Company Makes Money

SecureKloud primarily makes money by delivering services to enterprise customers under project-based and recurring managed-services engagements. Key revenue streams typically include: (1) Professional services revenue from consulting and implementation work such as cloud assessment, migration, application modernization, data engineering, and security/compliance projects; (2) Recurring revenue from managed services where SecureKloud operates and optimizes clients’ cloud/IT environments under monthly/annual contracts (e.g., cloud operations, monitoring, DevOps/SRE support, and security operations); and (3) Revenue from technology/solution offerings (including proprietary accelerators/platform components, if any) and related support/maintenance, where customers pay licensing/subscription and support fees. Significant earnings drivers can include long-term enterprise contracts, higher utilization of delivery teams, renewals/expansions of managed-service agreements, and partnership-led delivery work with major cloud providers and enterprise software vendors; specific named partnerships and quantitative revenue breakdowns are null.

SecureKloud Technologies Limited Financial Statement Overview

Summary

Income statement and cash flow trends indicate material weakness: declining revenue, persistent operating and net losses, low gross margin, and consistently negative operating/free cash flow. The balance sheet adds risk with high leverage and negative stockholders’ equity, reflecting financial instability.

Income Statement

SecureKloud Technologies exhibits a declining revenue trend with significant operating losses. The gross profit margin is notably low, and net margins are negative due to persistent net losses, indicating profitability challenges. Revenue growth has been declining significantly, which is a concern for future prospects.

Balance Sheet

The company's balance sheet shows a high debt-to-equity ratio, indicating reliance on debt financing. The negative stockholders' equity from 2024 further reflects financial instability. The equity ratio is low, suggesting limited asset backing by equity. Return on equity is negative due to net losses, highlighting ongoing profitability issues.

Cash Flow

Cash flow analysis reveals negative operating cash flows, and free cash flow has been consistently negative, indicating cash generation challenges. The operating cash flow to net income ratio is unfavorable, reflecting inefficiencies in converting earnings to cash. Free cash flow growth is also negative, implying a deteriorating cash position.

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	1.31B	1.68B	3.40B	4.58B	3.79B	3.51B
Gross Profit	121.02M	118.68M	239.01M	581.86M	-389.67M	1.59B
EBITDA	-1.52B	-213.94M	-578.94M	-709.69M	-818.91M	320.33M
Net Income	-1.48B	-139.31M	-364.12M	-485.88M	-662.61M	15.95M
Balance Sheet
Total Assets	0.00	2.36B	1.96B	2.88B	3.13B	2.68B
Cash, Cash Equivalents and Short-Term Investments	598.14M	672.91M	35.69M	49.34M	157.49M	344.72M
Total Debt	0.00	1.06B	1.21B	1.26B	1.13B	1.40B
Total Liabilities	-759.41M	1.60B	2.12B	2.20B	2.05B	2.27B
Stockholders Equity	759.41M	245.06M	-60.20M	216.73M	513.91M	368.93M
Cash Flow
Free Cash Flow	0.00	-487.06M	42.81M	-651.31M	-722.28M	50.03M
Operating Cash Flow	0.00	-487.06M	45.17M	-635.51M	-690.17M	52.91M
Investing Cash Flow	0.00	-5.28M	-2.36M	-14.22M	-371.46M	-2.16M
Financing Cash Flow	0.00	1.00B	-88.47M	529.68M	726.49M	197.95M

SecureKloud Technologies Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 20.79
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:SECURKLOUD, the sentiment is Negative. The current price of 20.79 is below the 20-day moving average (MA) of 21.96, below the 50-day MA of 23.31, and below the 200-day MA of 23.63, indicating a bearish trend. The MACD of -0.54 indicates Positive momentum. The RSI at 38.32 is Neutral, neither overbought nor oversold. The STOCH value of 24.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:SECURKLOUD.

SecureKloud 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%
CALSOFT	60 Neutral	₹754.93M	25.96	―	―	―	―
RSSOFTWARE	45 Neutral	₹793.02M	-3.84	―	0.46%	-52.09%	-142.64%
CTE	42 Neutral	₹504.91M	15.47	―	―	-4.97%	32.59%
SECURKLOUD	41 Neutral	₹671.55M	-10.16	―	―	-48.96%	-422.00%
GSS	41 Neutral	₹330.59M	50.36	―	―	-14.85%	-128.21%
LCCINFOTEC	41 Neutral	₹567.14M	-4,159.50	―	―	―	―

SecureKloud Technologies Limited Corporate Events

SecureKloud gains partial relief in SAT ruling, SEBI penalty largely upheld

SecureKloud Technologies Limited has disclosed that the Securities Appellate Tribunal in Mumbai issued an order on March 6, 2026, partly allowing the company’s appeal related to a prior Securities and Exchange Board of India enforcement action. The tribunal set aside the direction requiring the company to recover Rs. 3.83 crore from promoter-director Suresh Venkatachari, while leaving the rest of the original order unchanged, and it dismissed separate appeals filed by promoters Suresh Venkatachari and R. S. Ramani.

As a result, the company remains subject to a Rs. 4 crore SEBI penalty, of which Rs. 2 crore has already been paid, but it is relieved of the obligation to seek recovery of funds from its promoter-director. The outcome clarifies the financial impact on SecureKloud and stabilizes its compliance posture, though the promoters themselves did not obtain relief, underscoring ongoing regulatory scrutiny for key stakeholders.