- Data center expansion and AI infrastructure initiatives are long-term projects and may take several years to become fully operational.
- A significant portion of recent revenue growth is driven by large AI infrastructure contracts, making execution and delivery a key risk.
- High capital expenditure (CapEx) requirements for data centers and AI infrastructure may impact cash flows.
- Intense competition from domestic and global cloud and AI infrastructure providers, along with rapid technological changes, could affect market position.
- Future growth depends on sustained demand from government, enterprise, and infrastructure clients, as well as evolving cloud, AI, data localization, and regulatory compliance frameworks.
Table of Contents
ESDS Software Unlisted Share
BUY
₹ 482.00
SELL
₹ 495.00
ESDS Software Solution's unlisted share price might be in a Sideways Trend due to several factors, including high competition from global cloud giants, scalability challenges, and the inherent volatility of unlisted shares. Additionally, increasing operational costs, rising debt and interest costs, and the company's recent IPO filing contributed to stabilizing its price.
As on 25 Jul 2026, 02:22 PM, we are buying shares of the ESDS SOFTWARE SOLUTION LIMITED for ₹ 482.00 and selling them for ₹ 495.00 per share.
About ESDS Software Unlisted Share
About ESDS Software Solutions Ltd
ESDS Software Solutions Ltd, founded in 2005 by Piyush Somani, is one of India’s leading cloud and data center service providers. The company has evolved from a small hosting support firm into a globally recognized cloud and IT infrastructure provider. Today, it stands as one of the few Indian companies competing with major international players such as Amazon Web Services (AWS), Microsoft Azure, and Google Cloud.
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With its headquarters in Nashik, Maharashtra, ESDS operates across more than 19 countries spanning Asia, Europe, the Middle East, Africa, and the Americas. The company delivers end-to-end digital transformation solutions to enterprises, government organizations, and financial institutions, helping them modernize operations and improve scalability.
For investors, ESDS unlisted share offers a strong opportunity to participate in India’s booming cloud infrastructure market. The company’s steady growth, innovative products, and expanding client base make it a valuable long-term investment option.
Vision and Mission
Vision:
To build a connected digital ecosystem that enables businesses and individuals through intelligent, scalable, and secure cloud technologies.
Mission:
To simplify digital transformation by providing efficient, affordable, and reliable cloud infrastructure, automation, and managed services.
ESDS aims to connect 1 billion devices across India by 2024, powering 380+ banking customers, 25,000 ATMs, and 30+ smart city projects. This ambitious plan reflects its commitment to expanding India’s digital infrastructure.
Journey and Evolution
- 2005: ESDS was founded by Piyush Somani as a hosting support company.
- 2008–2010: The company diversified into managed hosting and data center services.
- 2011: ESDS launched eNlight Cloud, India’s first patented cloud platform featuring auto-scaling technology.
- 2015–2020: Expansion of Tier III certified data centers and international operations.
- 2021 onwards: Rapid growth in SAP HANA hosting, government digital initiatives, and smart city solutions.
Over the years, ESDS has transformed from a local service provider into a global cloud powerhouse with a strong focus on research and innovation.
Innovation and Technological Leadership
ESDS’s strength lies in innovation and continuous development. Its patented vertical auto-scaling technology has revolutionized how businesses use the cloud by automatically adjusting CPU and RAM in real time.
Key Innovations
- eNlight Cloud:
India’s first and only patented auto-scaling cloud platform. It allows businesses to pay only for the resources they use, reducing IT expenses by up to 70%. - eMagic Data Center Infrastructure Management (DCIM):
A comprehensive tool for managing and monitoring data center operations. Clients like Reliance Capital, ABB Group, and CDSL use eMagic for improved performance and visibility. - Community Cloud Platforms:
ESDS has developed sector-specific cloud environments for banking, government, and financial institutions, ensuring compliance and data privacy. - SAP HANA Hosting:
ESDS holds over 50% market share in SAP HANA hosting in India, making it a leader in enterprise cloud solutions.
Innovation has been a major factor in driving the ESDS unlisted share price, as investors value companies with proprietary technology and high scalability potential.
Core Products and Services
-
eNlight Cloud Platform
- Enables dynamic scalability without downtime.
- Reduces disaster recovery costs by up to 70%.
- Converts CAPEX to OPEX through pay-per-use billing.
-
eMagic DCIM
- Centralized monitoring of energy usage, temperature, and hardware health.
- Optimizes data center efficiency.
- Offers predictive maintenance and analytics capabilities.
-
Managed Data Center Services
- Operates Tier III certified data centers in India.
- Offers colocation, backup, and disaster recovery services.
- Guarantees 99.982% uptime, ensuring uninterrupted operations.
-
Software-as-a-Service (SaaS) Offerings
- Custom-built SaaS applications for government and enterprise clients.
- Supports initiatives like Digital India, Startup India, and Stand-Up India.
Clientele and Industry Footprint
ESDS serves a wide range of clients across multiple industries:
- Over 220 cooperative banks use ESDS’s cloud and hosting services.
- Hosts 350+ government websites and e-governance projects.
- Powers major national initiatives like MUDRA, Startup India, and Stand-Up India.
- Partners with top corporations such as HDFC Life, IDBI Bank, and Tata Communications.
The diverse and loyal client base enhances investor confidence in ESDS unlisted share, as it demonstrates stability and recurring revenue streams.
Future Outlook
ESDS is preparing for its next phase of expansion through innovations in AI-driven automation, hybrid cloud, and green data centers. The company is actively exploring partnerships across the public and private sectors to scale its digital services globally.
With its focus on sustainable technology and government-backed digitalization programs, ESDS is expected to play a major role in India’s next wave of cloud transformation. For long-term investors, ESDS unlisted share offers exposure to a high-growth technology segment that continues to attract global attention.
Conclusion
ESDS Software Solutions Ltd has established itself as a trusted name in India’s IT infrastructure and cloud services industry. With its patented technologies, wide client base, and strong financial growth, the company holds a competitive edge in the digital era.
The steady increase in ESDS unlisted share price reflects its consistent performance, innovation, and investor confidence. For those seeking to invest in India’s digital future, ESDS unlisted share presents an attractive opportunity backed by solid fundamentals and technological leadership.
Disclaimer: This content is intended for informational purposes only. Investors should conduct independent research and consult financial advisors before making any investment decisions. The ESDS unlisted share price may vary based on market conditions and liquidity.
Pros
- Combination of patented intellectual property (IP) and fully integrated cloud-based systems.
- Strong presence in sovereign cloud, managed services, and AI infrastructure, providing diversified revenue opportunities.
- Long-standing relationships with government, BFSI, and enterprise clients create a competitive advantage in regulated industries.
- MeitY/STQC empanelment and Tier III compliance create strong barriers to entry and enhance credibility.
- Founder-led company supported by an experienced senior leadership team, along with ongoing data centre expansion, strengthens long-term growth potential.
Cons
Key Details
| Share Name | Particulars |
|---|---|
| ESDS SOFTWARE SOLUTION LIMITED | 495 |
| Shares Price | Per Equity Share |
| Minimum Lot Size | Shares Worth Rs. 20000 |
| Depository | NSDL & CDSL |
| PAN Number | AABCE4981A |
| ISIN Number | INE0DRI01029 |
| CIN | U72200MH2005PLC155433 |
| Fundamentals | Value |
|---|---|
| Market Cap (in cr.) | 4900.87 |
| P/E Ratio | 86.92 |
| P/B Ratio | 11.63 |
| Debt to Equity | 0.14 |
| ROE (%) | 13.32 |
| Book Value | 42.56 |
| EPS | - |
| Face Value | - |
| Total Shares | 99007562.55 |
Financials
| P&L Statement | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Revenue | 357.43 | 281.37 | 201.37 | 193.23 |
| Cost of Material Consumed | 0 | 0 | 0 | 0 |
| Gross Profit Margins | 100.00% | 100.00% | 100.00% | 100.00% |
| EBITDA | 153.86 | 97.03 | 48.19 | 61.01 |
| EBITDA Margins | 43.05% | 34.48% | 23.93% | 31.57% |
| EBIT | 109.22 | 53.23 | 6.54 | 23.59 |
| EBIT Margins | 30.56% | 18.92% | 3.25% | 12.21% |
| PBT | 87.22 | 25.01 | -20.75 | 3.16 |
| PAT | 60.76 | 16.48 | -15.03 | 2.11 |
| NPM | 17.00% | 5.86% | -7.46% | 1.09% |
| EPS | - | - | - | - |
| Cash Flow Statement | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Cash from Operating Activity | 122.17 | 79.35 | 54.52 | 31.67 |
| Cash from Investing Activity | -109.49 | -26.97 | -53.16 | -63.32 |
| Cash from Financing Activity | 5.09 | -66.88 | -19.62 | 51.86 |
| Net Cash Flow | 17.77 | -14.5 | -18.26 | 20.21 |
| Assets | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Fixed Assets | 286.27 | 221.36 | 203.14 | 213.27 |
| CWIP | - | - | - | - |
| Investments | 42.92 | 0.06 | 0.06 | 0.06 |
| Trade Receivables | 141.72 | 119 | 87.53 | 97.34 |
| Inventory | 0 | 0 | 0 | 0 |
| Other Assets | 219.83 | 202.53 | 203.63 | 204.69 |
| Total Assets | 690.74 | 542.94 | 494.36 | 515.35 |
| Liabilities | 2025 | 2024 | 2023 | 2022 |
|---|---|---|---|---|
| Share Capital | 10.04 | 9.29 | 9.29 | 9.16 |
| Reserves | 443.12 | 246.02 | 225.83 | 211.37 |
| Borrowings | 62.71 | 115.44 | 136.01 | 110.54 |
| Trade Payables | - | - | - | - |
| Other Liabilities | 174.86 | 172.19 | 123.23 | 184.28 |
| Total Liabilities | 690.74 | 542.94 | 494.36 | 515.35 |
Peer Comparison
| Company | Market Cap (cr.) | Revenue (cr.) | P/E | P/B | ROE (%) |
|---|---|---|---|---|---|
| ESDS SOFTWARE SOLUTION LIMITED | 4900.87 | 361.34 | 86.92 | 11.63 | 13% |
| CAPGEMINI TECHNOLOGY SERVICES INDIA LIMITED | 64607.59 | 29068.2 | 18.37 | 3.35 | 18% |
| Prisma Global | 2791.41 | 488 | 195.84 | 281.87 | 14% |
| TRANSLINE TECHNOLOGIES LIMITED | 1114.72 | 371.08 | 23.76 | 6.04 | 27% |
| Xtranet Technologies | 461.99 | 276.53 | 15.4 | 4.32 | 31% |
| HCIN Networks | 225.34 | 25.41 | 31.88 | 1.87 | - |
Promoters or Management
| Name | Designation | Share in % |
|---|---|---|
| Komal Somani | Director & CMO | - |
| Nadukuru Sita Ramaiah | CFO | - |
| Piyush Somani | CMD & CEO | - |
| Public | - | 75.45% |
| Promoter | - | 24.55% |
