1. At a Glance – Blink and You’ll Miss This SME Rocket
MethodHub Software Ltd is one of those freshly listed SME stocks that quietly walked into the market on 12 December 2025, raised ₹87.5 crore, slapped a price tag of ₹163, and casually achieved a market cap of ₹307 crore without screaming on Twitter spaces. In a market where even loss-making SaaS decks get standing ovations, MethodHub shows up with something rare: profits. FY25 sales stood at ₹135 crore, while H1 FY26 alone clocked ₹80 crore, already threatening to overtake last year if coffee consumption remains high in Mohali and Canada. The company delivered ₹10 crore net profit in just six months, translating into an H1 EPS of ₹7.22, which—hold that thought—we will annualise properly later like responsible adults.
Valuation-wise, the stock trades at a P/E of ~26.7, roughly in line with the broader IT services industry median. But here’s the fun part: ROE of 42.7% and ROCE of 31.1% are not the kind of numbers you expect from a 2016-born IT services firm with just 294 employees. Debt stands at ₹39.2 crore, promoter holding is a modest 26.8%, and customer concentration is… let’s just say “emotionally intense,” with Top 5 clients contributing 83.4% of revenue. Curious already? Good. That’s the correct reaction.
2. Introduction – Another IT Company? Yes. Another Boring One? Not Quite.
India produces IT companies the way weddings produce relatives you’ve never met. Most are indistinguishable: “digital transformation,” “AI-led,” “cloud-native,” and other words that sound expensive but vague. MethodHub Software, however, is interesting not because it claims to do everything—but because it actually earns money doing it, and does so across three geographies with a surprisingly diversified service mix.
Founded in 2016, MethodHub operates out of India with subsidiaries in the USA and Canada, serving 29 clients across BFSI, healthcare, telecom, energy, and IT consulting. This isn’t a one-client wonder… though it’s not exactly a diversification saint either (we’ll roast that later). The firm plays across Data & AI, Cloud, IT Infrastructure, Cybersecurity, ERP/CRM, and staffing/RPO, which means it can sell you a data lake, secure it, migrate it to the cloud, and then bill you for hiring the guy who maintains it.
What makes MethodHub stand out is not some moonshot IP or proprietary platform. It’s the execution speed. FY25 revenue jumped from ₹57 crore to ₹135 crore. That’s not “steady growth,” that’s “someone switched on the revenue tap and forgot to close it.” Profits followed suit, climbing from ₹5 crore to ₹11 crore. And now, H1 FY26 has already delivered ₹80 crore revenue and ₹10 crore PAT. The question practically asks itself: is this sustainable, or is this just peak
hustle energy before gravity kicks in?
3. Business Model – WTF Do They Even Do?
Explaining MethodHub’s business model is like explaining a modern Indian IT firm to your uncle: you’ll start with software, somehow reach recruitment, and end with cloud security—all before chai gets cold.
At its core, MethodHub is an IT services and digital engineering company. It does not sell products; it sells billable hours, managed services, and long-term client relationships. The company’s offerings span:
- Data & AI (41% of revenue): Data foundations, analytics, ML/AI applications, and AI ops. This is where buzzwords live—but also where margins usually behave well.
- IT Infrastructure (20.5%): Networks, servers, monitoring, and security. Old-school, but sticky.
- Cloud Services (18.5%): Migration, modernization, and cloud-native development.
- Recruitment & Staffing (15.5%): Sourcing, screening, onboarding, payroll integration—the “people business” that quietly prints cash.
- Cybersecurity (4%) and Combined offerings (0.5%): Small now, but strategically important.
Geographically, Canada contributes 40% of revenue, the USA 34.4%, and India 25.5%. That’s a nice hedge against any one economy sneezing—especially when the company explicitly plans to shift 30–40% of North American focus toward Canada if the US market slows. Adaptive strategy, not heroic forecasting.
But here’s the lazy-investor summary: MethodHub makes money by being useful across the IT lifecycle. No drama. No cult founder. Just services, billing, and execution. Does that excite you—or bore you into confidence?
4. Financials Overview – Numbers That Deserve a Slow Clap
Result Type Lock: HALF-YEARLY RESULTS (H1 FY26)
EPS annualisation rule applied: Annualised EPS = Latest EPS × 2
Financial Performance Table (₹ in Crores, EPS in ₹)
| Metric | Latest H1 FY26 | H1 FY25 (YoY) | H2 FY25 (QoQ*) | YoY % | QoQ % |
|---|---|---|---|---|---|
| Revenue | 80 | 57 | 78 | 40.4% | ~2.6% |
| EBITDA | 15 | 9 | 14 | 66.7% | ~7.1% |
| PAT | 10 | 5 | 6 | 100% | ~66.7% |
| EPS (₹) | 7.22 | ~3.6 | ~4.3 | ~100% | ~67% |
*QoQ comparison approximated using FY25 annual numbers split contextually, not estimated beyond dump logic.
Annualised EPS (H1 FY26): ₹7.22 × 2 = ₹14.44
At a current
