String Metaverse

BSE: 534535
Compare with peers
₹ 6.98▲ 0.2 (+2.95%)28 Oct, 03:29 pm IST
Market cap
₹ 795 Cr.
P/E
6.5x
P/B
2.92x
52-week range
4.9 – 23.88
ROE
42%
ROCE
42%
Dividend yield
0%
Debt / equity
0.02
Sector
IT - Services
Industry
IT Enabled Services
Listed on
BSE

About

String Metaverse Limited, formerly Bio Green Papers Limited, is an India-based Web 3.0 company. The Company is at the forefront of blockchain technology, offering gaming platforms, digital advisory services, and decentralized finance solutions. The Company is advancing Project Midearth to create an army of artificial intelligence (AI) agents that integrates blockchain technology for AI monetization. Midearth redefines digital engagement, enabling users to transact, manage assets, and earn within a transparent, blockchain-secured ecosystem. It builds Web 3.0 gaming and digital communities. It provides liquidity for digital assets powered by AI Agents. It invests in early-stage Web 3.0 projects, acquiring stake in the form of digital assets. It has licenses, including an AI license, blockchain node license, digital asset trading license, and an e-sports license in RAK DAO.

Quick check

The five things to look at first. Open one for more.

Compared with its industry

IT Enabled Services: 107 companies →

String Metaverse against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)6.5 against a typical 24.9: cheaper than most peers (1st = cheapest).5th of 106
  • Sales growth+97% against a typical +20.8% from a year earlier.13th of 85
  • Profit growth+105.6% against a typical +5.6% from a year earlier.15th of 77
  • Share price, 3 months+31.7% against a typical −11.2%.12th of 93
  • Size₹ 795.4 Cr. market value against a typical ₹ 206.6 Cr. (1st = largest).33rd of 100

Share price

1Y change −72.2%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales0005088116154199232278359392
Expenses0004380104138177207247323349
Operating Profit0007811162225323644
OPM %———13%9%10%10%11%11%11%10%11%
Other Income00−1001001060
Interest000000000000
Depreciation000112334467
Profit before tax00−15710131822283537
Tax %0%0%0%0%0%0%1%0%1%0%2%0%
Net Profit00−15710131822283537
EPS in Rs00−0.010.020.030.040.050.130.150.190.250.3

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
—
3 Years
—
TTM
127%
Compounded Profit Growth
10 Years
—
5 Years
105%
3 Years
326%
TTM
154%
Stock Price CAGR
10 Years
47%
5 Years
120%
3 Years
—
TTM
—
Return on Equity
10 Years
—
5 Years
—
3 Years
33%
TTM
—

Shareholding

Latest: Jun 2026.

Promoters
74.95%
−6.84 pts in a year
DIIs
0%
0 pts in a year
Public
25.04%
+6.84 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 6.5xEPS (12 months) ₹ 0.90Median P/E 40x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
String Metaverse₹ 6.98₹ 795 Cr.6.5x2.9x42%—
Tata Consultancy Services₹ 2,528.00₹ 9,14,653 Cr.15.7x7.7x48%18.2%
Infosys₹ 1,154.50₹ 4,68,523 Cr.14.8x4.8x31.2%16.5%
HCL Technologies₹ 1,424.00₹ 3,86,426 Cr.18.8x4.4x—13%
Tech Mahindra₹ 1,789.40₹ 1,75,385 Cr.27.9x5.2x—8.7%
Billionbrains Garage Ventures₹ 181.65₹ 1,13,960 Cr.61.3x13.3x—46.5%

Management

Raghavendra Hunasgi
Chief Executive Officer
Hemant Prabhudas Vastani
Chief Financial Officer
Medam Chowda Reddy
Compliance Officer, Company Secretary
Ganesh Meenavalli
Managing Director, Executive Director
Sai Santosh Althuru
Executive Director
Krishna Mohan Meenavalli
Executive Director

Prices are delayed and for information only. Nothing on this page is investment advice.