SME-IT Stock in Focus as Company Addresses Media Speculation with Clear Commitment to Integrity
DSIJ Intelligence-1 / 25 Aug 2025/ Categories: Mindshare, SME, Trending
In FY25, the company reported net sales of Rs 21.88 crore and net profit of Rs 8.96 crore.
On Monday, shares of Icodex Publishing Solutions Limited plunged 5 per cent to Rs 67 per share from its previous closing of Rs 70.50 per share. The stock’s 52-week high is Rs 81.60 per share and its 52-week low is Rs 67 per share.
In a recent statement from Pune, Maharashtra, Icodex Publishing Solutions Limited addressed and refuted media reports and market speculation regarding its corporate governance. The company clarified that the information circulating is incorrect and unsubstantiated, urging the public and stakeholders not to rely on unverified data. Icodex reaffirmed its strong commitment to ethical conduct, regulatory compliance and transparent communication, emphasising that it takes its responsibilities to shareholders very seriously.
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The company stated that it maintains appropriate governance structures and policies that are fully compliant with all applicable laws and regulations, including the Companies Act, 2013 and the requirements of the Securities and Exchange Board of India (SEBI) and the BSE SME Platform. Icodex concluded by advising all stakeholders to only trust information and disclosures that are released through its official channels, such as filings with the stock exchange.
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About the Company
Icodex Publishing Solutions Limited is a technology-focused publishing services company that provides comprehensive solutions in content development, digital publishing and distribution. The company, which is headquartered in Pune, India, partners with a wide range of global publishers, educational institutions and enterprises to deliver scalable and reliable solutions. Listed on the BSE SME Platform, Icodex is dedicated to innovation, quality and compliance while upholding the highest standards of corporate governance and transparency.
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The company has a market cap of over Rs 100 crore. The shares of the company have a PE of 12x whereas the industry PE is 32x with an ROE of 65 per cent and an ROCE of 83 per cent. In FY25, the company reported net sales of Rs 21.88 crore and net profit of Rs 8.96 crore.
Disclaimer: The article is for informational purposes only and not investment advice.