ESDS Software Solution Ltd
Home-grown managed data centre and community cloud provider serving government and BFSI clients.
Market cap
₹4,617 Cr
11.40 Cr shares
P/E ratio
51.86
Sector average 38
Book value
₹48.19
P/B 8.40
1-year return
+14.98%
52w ₹318 – ₹512
Currently 45% of the way through its 52-week range.
Indicative price history
1Y change
+14.98% ₹352 → ₹405
52-week band in this window: ₹352.24 – ₹491.37. Weekly indicative marks, not exchange-traded prices.
Key highlights
- Tier-III data centres in Nashik, Mumbai and Bengaluru with government and BFSI clients.
- Data localisation rules favour Indian-owned providers.
- DRHP filed; proceeds earmarked for capacity expansion and debt repayment.
About ESDS
ESDS Software Solution operates Tier-III data centres and provides managed cloud hosting, disaster recovery and cyber-security services.
A large share of revenue comes from government departments, public sector banks and regulated entities that require data residency in India.
The company's proprietary vertical auto-scaling platform is licensed alongside its hosting contracts.
Where the revenue comes from
- Managed cloud hosting52%
Community and private cloud services
- Colocation23%
Rack space and power
- Managed services & security17%
SOC, DR and managed operations
- Software licensing8%
Proprietary auto-scaling platform
Products & services
eNlight Cloud
Proprietary vertical auto-scaling cloud platform.
Community cloud
Sector clouds for banking, government and SAP workloads.
Colocation
Rack space, power and connectivity.
Managed security
SOC, disaster recovery and managed operations.
What works
- • Data localisation rules favour Indian-owned providers for government and regulated workloads.
- • Multi-year contracts create recurring, high-visibility revenue.
- • Owned data centre capacity is a hard asset that is expensive to replicate.
What to watch
- • Data centre expansion is capital intensive and keeps the balance sheet levered.
- • Government payment cycles stretch working capital.
- • Competes with global hyperscalers that have vastly larger scale.
Compare with peers
| Company | Price | Market cap | P/E | P/B | Rev CAGR |
|---|---|---|---|---|---|
| ESDSThis page | ₹405.00 | ₹4,617 Cr | 51.86 | 8.40 | +24.34% |
| Capgemini India | ₹10,400.00 | ₹61,568 Cr | 15.05 | 2.95 | +9.15% |
| PharmEasy | ₹7.83 | ₹6,201 Cr | — | 2.66 | -0.39% |
Latest reported year: FY26 ending 31 Mar 2026.