# Icodex Publish (NSE: ICODEX) share price, financials and shareholding

Source: https://app.pivotnow.in/stock/ICODEX · Pivot · prices to 19 Oct 2026

With a market capitalisation of ₹71 Cr, it ranks 2873rd by market cap among the 4,183 NSE companies Pivot tracks (a small-cap company by SEBI's rank bands). It belongs to the IT sector; its industry is Software - Application.

Its return on equity was 47.0% in FY25. Promoters held 64.44% of the company as of 31 Mar 2026.

## Key numbers

| Metric | Value |
| --- | --- |
| Market cap | ₹71 Cr |
| ROE | 47.0% (FY25) |
| ROCE | 66.7% (FY25) |
| Debt to equity | 0.16 |

## Annual results (₹ crore)

| Fiscal year | Revenue | Net profit |
| --- | --- | --- |
| FY25 | ₹22 Cr | ₹9 Cr |
| FY24 | ₹10 Cr | ₹4 Cr |
| FY23 | ₹10 Cr | ₹2 Cr |
| FY22 | ₹8 Cr | ₹1 Cr |
| FY21 | ₹5 Cr | ₹1 Cr |

## Shareholding (31 Mar 2026)

- Promoters: 64.44%
- Domestic institutions: 0.01%
- Non-institutions: 35.55%

## Peers

| Company | Price | Market cap | P/E | ROE |
| --- | --- | --- | --- | --- |
| [Cura Technologies](https://app.pivotnow.in/stock/CURAA) | ₹73.50 | ₹73 Cr | — | — |
| [Ironwood Edu.](https://app.pivotnow.in/stock/IRONWOOD) | — | ₹73 Cr | — | — |
| [Cambridge Technology Enterprises](https://app.pivotnow.in/stock/CTE) | ₹36.74 | ₹72 Cr | 153.1 | — |
| [Praruh Technolo](https://app.pivotnow.in/stock/PRARUH) | — | ₹72 Cr | — | — |
| [Adtech Systems](https://app.pivotnow.in/stock/ADTECH) | — | ₹69 Cr | — | — |
| [Identixweb](https://app.pivotnow.in/stock/IDENTIXWEB) | — | ₹69 Cr | — | — |

## Questions and answers

### What is the market cap of Icodex Publish?

Icodex Publish's market capitalisation is ₹71 Cr (₹71 Cr) at the 19 Oct 2026 close, ranking 2873rd among the NSE companies Pivot tracks.

### What is the ROE and ROCE of Icodex Publish?

Return on equity was 47.0% in FY25 and return on capital employed was 66.7% in FY25 (standalone figures).

### Is Icodex Publish a debt-free company?

No. Icodex Publish's debt-to-equity ratio was 0.16 in FY25, with total debt of ₹0 Cr.

### What is the shareholding pattern of Icodex Publish?

As of 31 Mar 2026: promoters 64.44%, domestic institutions 0.01%, non-institutions 35.55%.

### Who are Icodex Publish's competitors?

The listed IT companies closest to Icodex Publish by market cap are Cura Technologies, Ironwood Edu., Cambridge Technology Enterprises, Praruh Technolo, Adtech Systems and Identixweb.

### Is Icodex Publish a good stock to buy?

Pivot does not give buy or sell recommendations. This page sets out Icodex Publish's price history, valuation, profitability, quarterly results and ownership so you can judge it yourself, and Pivot's chart lets you test a strategy on ICODEX against its own history before risking money. This is analysis, not financial advice.

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Sources: NSE end-of-day bars (Pivot's market data store); Company filings via Moneycontrol; Exchange shareholding-pattern filings. This is analysis, not financial advice. Pivot is not a broker or a SEBI-registered investment adviser.