Softtech Engineers Ltd(SOFTTECH)

NSE: SOFTTECHBSE: 543470

₹ 429.95+3.11%refreshed 23 Oct, 03:30 pm ISTMarket cap: ₹ 595 crWebsite: www.softtech-engr.comUpdated: 24 Oct 2026

About

Softtech Engineers builds software for the built environment, sold mainly to government authorities. Its Civit suite covers building permits, planning, transferable development rights, digital twins, infrastructure and construction ERP. It reports a single segment, and FY26 revenue from operations was Rs 132.9 cr. Its CivitPERMIT (AutoDCR) building-permit platform is deployed across 1,500+ cities in 18 states.^[1][2]

Business mix

The company reports one segment, design, development, installation and servicing of IT-related resources. Revenue from operations was Rs 13,290.21 lakhs in FY26 vs Rs 9,524.99 lakhs in FY25.^[2]
SaaS revenue was INR 1,003.25 lakhs in Q1 FY27, up 55.6% YoY. That was 31% of revenue, vs 25% in Q1 FY26.^[3]
Recurring revenue was 33% of the standalone sales mix in FY26 vs 45% in FY25. The company's stated target is 50%.^[2]
In FY25, one-time licence revenue was Rs 5,421.27 lakhs and SaaS revenue was Rs 1,994.20 lakhs.^[4]
Cost of goods sold fell 19% YoY in Q1 FY27 because third-party product sales were lower, which raised the share of owned products in the mix.^[3]

Products

The Civit suite covers the full built-environment lifecycle. Its products include CivitPERMIT, CivitPLAN, CivitTDRx, CivitTWIN, CivitINFRA, CivitBUILD, CivitSUSTAIN, CivitMETAVERSE, CivitAI and RuleBuddy.^[2]
CivitPERMIT (AutoDCR) is an AI-driven building-permit platform deployed across 1,500+ cities in 18 states, as of FY26.^[2]
CivitBUILD, a construction ERP sold to contractors and developers, is the company's main private-sector product.^[2]
RuleBuddy PlanAssist is a compliance-checking application built on the AutoCAD OEM platform. It is aimed at architects, small practices and citizens.^[2]
The company was appraised at CMMI Maturity Level 5, the highest level under the CMMI framework (FY26 annual report).^[2]

Order book and pipeline

Confirmed orders stood at INR 22,041 lakhs and the pipeline at INR 48,982 lakhs as of Q1 FY27.^[3]
At the end of FY26 the confirmed order book was Rs 231.99 crore, about 1.7x revenue, and the qualified pipeline was Rs 436.23 crore.^[2]
Unsatisfied performance obligations were Rs 11,463.99 lakhs in FY26 vs Rs 8,201.12 lakhs in FY25.^[2]
Bids won totalled Rs 33 cr in Q3 FY26 and Rs 128 cr over 9M FY26.^[5]
Days sales outstanding were 260 days in FY26. The company targets below 200 days.^[2]

Customers and reach

Revenue is concentrated in one customer type (government). Two customers each made up more than 10% of consolidated revenue in FY26.^[2]
CivitINFRA was deployed for the Airports Authority of India in FY26 and underlies the Delhi Development Authority's single-window clearance system.^[2]
In India, the company's footprint widened in FY26 across Jharkhand, Gujarat, Madhya Pradesh, Andhra Pradesh and Jammu & Kashmir. Work with AAI, MIDC and BMC continued.^[2]
CivitMETAVERSE won orders from Metawolf, the company's first material entry into industrial and manufacturing (FY26).^[2]
In Q1 FY27, 35+ private clients were onboarded in a pilot outreach, and the company won a Mitsubishi WMS order worth INR 120 lakhs.^[3]
Alliances with Autodesk, Esri, Dassault, SAP and Microsoft extend the company's reach without a matching rise in fixed cost.^[2]

International presence

The company has an established presence in four markets: Germany, the United States, the Middle East and South-East Asia (FY26).^[2]
CivitBUILD is gaining adoption in Dubai and Africa, eBGAI is progressing in Germany, and BIM-led offerings are building traction in the US (FY26).^[2]
In Q1 FY26, Dubai generated revenue of Rs 75 lakh with a pipeline of about Rs 32 cr. US revenue was Rs 10 lakh, alongside a collaboration with CGI.^[6]
The company acquired SoftTech Digital AG to start operations in Germany. Management expects a gestation period of about three years.^[2][4]

New products and expansion plans

The eTDR exchange went live at BMC, Mumbai, in June 2026 at no cost to the government, earning revenue from transaction fees. It has a Maharashtra mandate and a proposal pending with Andhra Pradesh.^[3]
The company plans to roll out CivitTWIN, an AI proposal-clearance SaaS, across India on top of the 18-state Civit PERMIT base (Q1 FY27).^[3]
FY26 annual report plans: convert the BMC CivitTWIN letter of intent, close at least two major CivitBUILD deals in the Middle East, and introduce CivitCity.^[2]
The company targets adding more than 300 new government clients (FY26 annual report).^[2]

Recent developments

Q1 FY27 order wins included ODPS 3.0 Gujarat, worth INR 2,000 lakhs.^[3]
In Q2 FY26 the company won an APCRDA order worth Rs 28.91 cr over 5 years 5 months and an AAI order worth Rs 17.67 cr over 5 years.^[7]
In Q1 FY26 the company won APDPMS 2.0 (Rs 33 cr over 5 years) and a JNPA SaaS order (Rs 7.5 cr over 3 years).^[6]
The company received the Viksit Bharat Ambassador of Change Award at the Climate Financing Summit 2026.^[2]
On 1 Nov 2024 the company acquired 80% of Envee Information Technology for MIDC work.^[4]
A December 2024 preferential issue raised about Rs 4,001 lakh. Rs 1,475.95 lakhs remained unutilised as of FY26, held in mutual funds and fixed deposits.^[4][2]

Market Cap

₹595 Cr

High / Low

₹525 / 213

Stock P/E

123.9

Price / Book

3.5

Book Value

₹124

EPS

₹3.6

No. of Shares

1.38 Cr

ROCE

6.4%

ROE

2.9%

OPM

9.5%

Debt / Equity

0.18

Sales

₹133 Cr

Net Profit

₹5 Cr

Promoter holding

18.9%

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