Systematix Corporate Services Ltd

Systematix Corporate Services Ltd

₹ 276 4.99%
22 Nov - close price
About

Systematix Corporate Services Ltd was established in 1985, it provides investment management and advisory services in the financial markets and investment solutions for a broad array of investors including FIIs, DFI, Insurance companies among other Financial institutions. [1][2]

Key Points

Business Segments

  • Market Cap 3,588 Cr.
  • Current Price 276
  • High / Low 276 / 45.6
  • Stock P/E 50.5
  • Book Value 13.5
  • Dividend Yield 0.04 %
  • ROCE 48.4 %
  • ROE 42.4 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 79.8% CAGR over last 5 years
  • Debtor days have improved from 83.3 to 36.8 days.

Cons

  • Stock is trading at 20.5 times its book value
  • Earnings include an other income of Rs.28.0 Cr.

* 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: Finance Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
23 21 21 25 12 22 15 18 20 48 53 29 37
16 15 16 19 21 15 16 14 17 17 27 26 29
Operating Profit 6 7 4 6 -9 7 -1 4 3 31 26 3 8
OPM % 28% 32% 21% 24% -74% 33% -4% 21% 17% 64% 49% 10% 22%
1 0 0 5 0 0 1 3 0 1 5 1 21
Interest 1 1 1 1 1 1 1 1 1 1 1 1 1
Depreciation 0 0 0 0 0 0 0 0 0 0 1 1 1
Profit before tax 7 6 3 9 -9 7 -1 6 2 31 29 2 27
Tax % 36% 22% 16% 14% -12% 13% -38% 20% 28% 22% 20% 27% 18%
4 5 3 8 -8 6 -1 4 2 24 23 2 22
EPS in Rs 0.34 0.36 0.22 0.62 -0.63 0.45 -0.04 0.34 0.14 1.84 1.79 0.13 1.71
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
50 39 37 34 42 54 56 51 55 89 73 146 167
32 24 21 22 24 37 41 43 50 63 69 73 99
Operating Profit 18 14 16 12 18 17 15 9 5 26 4 73 68
OPM % 36% 37% 43% 35% 43% 32% 27% 17% 9% 29% 6% 50% 41%
1 1 0 1 1 2 2 2 1 1 5 0 28
Interest 14 11 13 12 13 9 13 10 4 3 3 3 4
Depreciation 2 2 2 1 1 1 6 6 1 1 1 2 3
Profit before tax 3 3 1 -1 6 9 -3 -5 1 23 6 68 89
Tax % 33% 32% 16% 56% 30% 29% 12% -2% -23% 25% 12% 21%
2 2 1 -1 4 6 -3 -4 1 18 5 53 71
EPS in Rs 0.17 0.15 0.09 -0.07 0.30 0.49 -0.23 -0.34 0.10 1.35 0.39 4.11 5.47
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 7% 0% 2%
Compounded Sales Growth
10 Years: 14%
5 Years: 21%
3 Years: 38%
TTM: 123%
Compounded Profit Growth
10 Years: 39%
5 Years: 80%
3 Years: 243%
TTM: 515%
Stock Price CAGR
10 Years: 64%
5 Years: 136%
3 Years: 82%
1 Year: 453%
Return on Equity
10 Years: 11%
5 Years: 16%
3 Years: 25%
Last Year: 42%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 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 13 13 13 13 13 13 13 13 13 13 13 13 13
Reserves 37 39 40 39 43 49 67 62 64 82 86 139 162
142 93 149 130 136 155 97 27 36 30 21 21 29
53 26 25 25 34 32 27 35 58 101 61 136 112
Total Liabilities 245 171 226 207 226 249 204 138 171 226 181 308 317
11 10 8 7 6 7 12 7 6 6 6 17 15
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 16 2 2 4 3 5 25 25 41 26
235 161 219 184 218 240 188 127 159 195 150 251 275
Total Assets 245 171 226 207 226 249 204 138 171 226 181 308 317

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-10 55 -35 55 -3 -16 49 93 18 51 -15 88
2 0 2 1 1 1 1 -1 -2 -15 4 24
1 -61 43 -47 8 11 -55 -83 6 -9 -14 -3
Net Cash Flow -8 -6 10 9 6 -5 -4 10 22 27 -25 108

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 435 167 173 74 97 111 63 41 68 166 47 37
Inventory Days
Days Payable
Cash Conversion Cycle 435 167 173 74 97 111 63 41 68 166 47 37
Working Capital Days 1,106 1,029 1,529 1,173 1,106 1,093 65 18 -17 -154 -74 -183
ROCE % 9% 8% 9% 6% 10% 9% 5% 4% 4% 23% 7% 48%

Shareholding Pattern

Numbers in percentages

7 Recently
Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Nov 2024
74.06% 74.10% 74.11% 74.11% 74.13% 74.15% 74.22% 74.23% 74.23% 74.23% 74.23% 74.23%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.14% 0.16% 0.97% 0.97%
25.94% 25.90% 25.90% 25.90% 25.89% 25.85% 25.79% 25.78% 25.63% 25.61% 24.81% 24.81%
No. of Shareholders 1,7281,7271,7941,8261,8051,7901,7431,7411,8032,2262,9185,944

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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