CES Ltd

CES Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

CES Ltd

₹ 0.46 4.55%
04 Oct 2024
cesltd.com BSE: 512341
About

Incorporated in 1985 and formerly known as Serve All Enterprise Solutions Limited; CES Ltd. is an Information Technology (IT) and Information Technology-enabled Services (ITeS) provider serving the midsize market of global enterprises through Business Process Management (BPM)

Key Points

Services Offered:[1]
The company specializes in providing customer-oriented digital solutions in the fields of:
a) Industry Based Services:
Alternative Asset Management, BFSI, Mortgage, Retail, Agriculture, Education, Healthcare, Manufacturing, etc.
b) Business Process Services:
The company provides services like Loan processing, Fraud prevention, Finance & Accounting, Process automation, HR services and Image editing services.
c) Technology services:
Digital Transformational services, Cloud & Infrastructure, Enterprise application and Digital commerce, Data Analytics, etc.
d) **Solution Services: **
Cash Reconciliation, Web Harvesting, Test Acceleration, Vision Insurance Management and C-Guard, etc.

Website BSE
  • Market Cap ₹ 1.67 Cr.
  • Current Price ₹ 0.46
  • High / Low ₹ 0.00 / 0.00
  • Stock P/E 0.17
  • Book Value ₹ 29.2
  • Dividend Yield 0.00 %
  • ROCE 10.9 %
  • ROE 7.58 %
  • Face Value ₹ 10.0
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Pros

  • Company is almost debt free.
  • Stock is trading at 0.02 times its book value
  • Company's median sales growth is 18.3% of last 10 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 11.9% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: IT - Software Industry: Computers - Software - Medium / Small

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
39.75 41.19 49.34 47.54 53.51 54.00 48.66 55.80 54.95 57.03 59.53 67.26 67.71
31.69 37.99 45.09 44.81 49.27 49.62 49.89 54.58 53.75 55.68 53.52 63.47 65.26
Operating Profit 8.06 3.20 4.25 2.73 4.24 4.38 -1.23 1.22 1.20 1.35 6.01 3.79 2.45
OPM % 20.28% 7.77% 8.61% 5.74% 7.92% 8.11% -2.53% 2.19% 2.18% 2.37% 10.10% 5.63% 3.62%
1.08 0.79 1.02 1.70 1.71 1.39 0.50 0.67 1.19 0.82 0.64 0.66 0.61
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.67 0.88 0.74 0.65 0.65 0.66 0.64 0.58 0.66 0.68 0.39 0.46 0.46
Profit before tax 8.47 3.11 4.53 3.78 5.30 5.11 -1.37 1.31 1.73 1.49 6.26 3.99 2.60
Tax % 19.95% 65.27% 9.05% 50.53% 29.43% 46.77% -145.99% 71.76% 38.15% 36.24% 18.05% 43.86% 44.23%
6.79 1.07 4.12 1.87 3.74 2.72 0.62 0.37 1.08 0.95 5.13 2.23 1.44
EPS in Rs 1.87 0.29 1.13 0.51 1.03 0.75 0.17 0.10 0.30 0.26 1.41 0.61 0.40
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Mar 2015 9m Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
28 33 33 50 67 74 100 113 127 167 204 227 252
22 25 25 36 49 64 90 101 122 147 194 217 238
Operating Profit 6 9 8 14 18 10 10 12 5 20 10 10 14
OPM % 20% 26% 24% 29% 27% 14% 10% 11% 4% 12% 5% 4% 5%
0 0 0 0 0 0 2 2 5 4 5 3 3
Interest 0 0 0 1 1 1 1 0 0 0 0 0 0
Depreciation 0 0 1 2 2 3 3 3 3 3 3 2 2
Profit before tax 5 9 7 12 15 7 8 11 7 20 13 11 14
Tax % 16% 35% 33% 27% 31% 33% 42% 15% 59% 26% 30% 30%
4 6 5 9 11 5 5 9 3 15 9 8 10
EPS in Rs 1.22 1.54 1.27 2.45 2.89 1.32 1.31 2.60 0.79 4.11 2.46 2.07 2.68
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 23%
5 Years: 18%
3 Years: 21%
TTM: 18%
Compounded Profit Growth
10 Years: 5%
5 Years: 10%
3 Years: 38%
TTM: 104%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 14%
1 Year: %
Return on Equity
10 Years: 12%
5 Years: 11%
3 Years: 12%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 1 1 1 1 1 1 36 36 36 36 36 36 36
Reserves 23 29 33 42 52 57 25 34 35 46 59 67 70
0 0 5 6 12 12 1 0 0 0 0 0 0
5 7 8 10 16 26 38 31 42 48 68 62 77
Total Liabilities 29 37 47 58 81 96 101 101 114 130 164 165 183
7 8 17 23 32 38 48 45 42 40 37 36 35
CWIP 1 1 2 5 7 8 0 0 0 0 2 11 20
Investments 3 3 3 3 8 8 8 10 10 10 10 10 10
18 24 25 27 34 42 44 46 61 80 115 108 118
Total Assets 29 37 47 58 81 96 101 101 114 130 164 165 183

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
3 7 5 6 11 11 18 1 10 12 26 -15
-1 -2 -11 -10 -18 -9 -6 -2 -1 3 1 -7
-2 -3 4 2 6 -0 -8 1 2 0 0 0
Net Cash Flow 1 3 -2 -2 -2 2 4 -1 11 15 28 -22

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Jun 2013 Jun 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 49 40 65 57 92 91 73 59 85 68 66 75
Inventory Days
Days Payable
Cash Conversion Cycle 49 40 65 57 92 91 73 59 85 68 66 75
Working Capital Days 70 47 80 66 63 41 -2 24 6 13 -11 29
ROCE % 24% 32% 22% 29% 29% 12% 13% 17% 10% 26% 14% 11%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
74.84% 74.84% 74.84% 74.84% 74.84% 74.84% 74.84% 74.84% 74.84% 74.84% 74.84% 74.84%
25.16% 25.16% 25.16% 25.16% 25.16% 25.16% 25.16% 25.16% 25.16% 25.16% 25.16% 25.16%
No. of Shareholders 262626262625252525252525

Documents

Announcements

Annual reports