CIGNITITECCigniti Technologies Limited Forensic Risk Analysis

IT Enabled Services
Risk ClassStable
Market Cap₹3,170 Cr
Primary DriverGovernance
Flagium AI Risk Score
Stable structural profile. Financial profile appears resilient.
0 / 100
0 QoQ
Stable
Sentinel Insight

Financial profile remains stable for now. Pressure has stabilized in governance. This indicates that forensic pressure is currently receding. No major change in risk trend.

0.0th %ile (Sector)Accel: +0 Qtrs
Updated2026-06-02
Market View
₹1,260.3▲0%
PeriodQ3 FY26

Score Waterfall
Absolute contribution points of each forensic pillar to the final risk score. Derived from: Sector Baseline + Active Penalties - Mitigation Buffers.

No active forensic penalties contributing.
Final Composite Risk0 / 100

Investment Risk Thesis

Historical Trend

Current risk score has declined from 9 → 0 over 13 quarters.

Expected Direction
⚠ Watch
Primary Deterioration Drivers
  • Relative Growth Weakness
  • Profit Collapse
  • Low Interest Coverage
What to Watch Next Quarter
  • Operating cash flow
  • Operating profit margins

Active Risk Objects (4)

CriticalHigh
Cash Conversion Deficit
📊 Earnings QualityAnnualActive for 3 Years
More Detail
Impact Weight6/15
MomentumPersistent
Last SignalFY2026
CIGNITITEC: OCF below Net Profit in 3/3 recent years.

"Cash conversion is dangerously low. Operational cash flow is significantly trailing reported PAT."

Profit Collapse
📊 Earnings QualityQuarterlyActive for 1 Qtrs
More Detail
Impact Weight8/15
MomentumDecaying
Last SignalQ1 FY2025
CIGNITITEC: Net Profit collapsed by 76.4% from FY2024 Q1 to FY2025 Q1.

"Earnings quality is stabilizing. The reliance on non-operational items is receding."

Low Interest Coverage
💧 Liquidity & CoverageQuarterlyActive for 6 Qtrs
More Detail
Impact Weight8/15
MomentumDecaying
Last SignalQ1 FY2026
CIGNITITEC: Low Interest Coverage Ratio of 1.99x in FY2026 Q1 (Threshold: 2.5x).

"The ability to cover interest is strengthening as earnings improve or debt is retired."

Relative Growth Weakness
📊 Earnings QualityAnnualActive for 1 Years
More Detail
Impact Weight12/15
MomentumDecaying
Last SignalQ3 FY2025
Revenue growth consistently lags behind sector median (13.6%).

"Earnings quality is stabilizing. The reliance on non-operational items is receding."

Risk Trajectory
Historical 12-quarter risk trend (Q-11 to Q0) followed by a 2-quarter predictive funnel (Q+1, Q+2).
Loading Chart
Resilience Matrix
Diagnostic benchmarking comparing structural sensitivity and risk buffers against sector medians.
MetricValuevs SectorSignal
Volatility (σ)3.084.03✅ RESILIENT
Sensitivity (ε_s)11.00✅ RESILIENT
Escalation Prob.5%5%✅ NEUTRAL
Safety Buffer+66.0+60.0✅ RESILIENT
Forensic Benchmark Context: IT Enabled Services (n=37 peers)

Correlation Analysis
Visualizing the relationship between stock price movement and structural risk objects.

Loading Chart
Share Price
Risk Score (0-100)
Market Performance
₹1,260.3(+0%)
1M Divergence+0.7%
1 Week0%
1 Month+6.61%
6 Months-33.73%
1 Year-21.4%
2 Year-4.47%
3 Year+38.17%
Sector Average (1M)+5.9%
Sentinel Forensic Assessment
ALGORITHMIC RISK PROFILE • NON-ADVISORY

The structural architecture is currently robust. Capital resilience buffers in governance remain well-maintained against forensic benchmarks. Systematic scans of structural transparency and audit trails confirm the absence of material structural stress. The current structural trajectory supports a stable risk outlook.

CIGNITITEC • MARKET STRUCTURE

Stage 4 — Declining

The company is in a defensive phase. Sentiment and fundamentals are deteriorating under persistent downward pressure, indicating elevated risk levels.

Stage Transition Prob.0%
Trend QualityDeteriorating
Phase Progression
Phase Progression Score7.5%
Readiness LabelLow (Early Base Consolidation)
Probability of Advancing0%
CoinTree Momentum
Composite Z-Score-0.5620σ
Weakening momentum trend
Universe Rank
A cross-sectional rank of this stock's composite momentum score compared to all other tracked equities in the universe. A rank of #1 of 1035 means it has the strongest overall price momentum in the market.
#2159 of 2716
Top 79.49% in momentum strength
Timeframe Sparklines
1W+0.0%
1M+6.6%
6M-33.7%
Weinstein Indicators
150 DMA₹1,500.44
200 DMA₹1,526.31
150 DMA Slope-3.0783%Declining
Relative Strength-21.22%Lagging
Relative Turnover (RTR)1.1775
ParticipationNeutral

PEER COMPARISON

Ranked comparison against sector peers

This company appears relatively stable compared to the Sector Mean (6).
CIGNITITECCigniti Technologies Limited
0 Risk
Sector %ile0th
Delta0
Active Flags4
Accel+0
Governance

Stable

ADSLAllied Digital Services Limited
4 Risk
Sector %ile33th
Delta+4
Active Flags2
Accel+1
Balance Sheet Stress

Stable

ADROITINFOAdroit Infotech Limited
15 Risk
Sector %ile69th
Delta-5
Active Flags10
Accel+0
Governance

Stable

AIRANAiran Limited
20 Risk
Sector %ile75th
Delta-5
Active Flags15
Accel+0
Governance

Watch

* Peer comparison is based on risk signals, not valuation or returns.

Risk Profiles

Solvency
10100th %ile
VS Sector Median (8.5)
Governance
10100th %ile
VS Sector Median (8.5)
Earnings Quality
10100th %ile
VS Sector Median (8.5)
Balance Sheet Stress
10100th %ile
VS Sector Median (8.5)
Competitive Position
10100th %ile
VS Sector Median (8.5)
Growth Sustainability
10100th %ile
VS Sector Median (8.5)

Deterioration Timeline

2026

Cash Conversion Deficit

2025

Relative Growth Weakness

2025

Cash Conversion Deficit

2024

Cash Conversion Deficit

Key Financials (INR Cr)

PeriodRevenueNet ProfitOCFDebt
FY20252,065200160-
FY20241,84816612935
FY20221,2559238-
FY2020894122--