B2B Software Technologies Ltd

B2B Software Technologies Ltd

₹ 37.1 -0.40%
21 Nov 4:00 p.m.
About

Incorporated in 1994, B2B Software Technologies is a Microsoft-Gold Enterprise Resource Planning partner and is the leading Business Solution implementation company in the Microsoft Dynamics space.
The company specializes in providing business process analysis and system design, technical expertise, implementation, training and support services.

Key Points

Services Offered:[1]
a) ERP Implementation
b) Enterprise Project Management
c) Upgradations projects
d) ERP Support and Services
e) Global Outsourcing Services

The company has expertise in ERPs such as: Microsoft Dynamics NAV[2]
Microsoft Dynamics AX[3]
Microsoft Dynamics 365[4]

  • Market Cap 43.0 Cr.
  • Current Price 37.1
  • High / Low 46.0 / 26.0
  • Stock P/E 16.1
  • Book Value 17.7
  • Dividend Yield 0.00 %
  • ROCE 11.2 %
  • ROE 8.45 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -4.28%
  • Company has a low return on equity of 12.9% over last 3 years.
  • Earnings include an other income of Rs.1.50 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.

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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
3.57 4.21 3.50 2.48 3.74 3.24 3.94 2.63 3.43 2.97 4.89 3.41 4.16
2.81 3.31 2.84 2.39 3.41 2.55 3.13 2.71 3.41 2.63 4.08 2.63 3.93
Operating Profit 0.76 0.90 0.66 0.09 0.33 0.69 0.81 -0.08 0.02 0.34 0.81 0.78 0.23
OPM % 21.29% 21.38% 18.86% 3.63% 8.82% 21.30% 20.56% -3.04% 0.58% 11.45% 16.56% 22.87% 5.53%
0.18 0.07 0.13 0.02 0.27 0.29 0.17 0.33 0.29 0.34 0.38 0.37 0.41
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 0.02 0.02 0.02 0.01 0.02 0.03 0.05 0.04 0.04 0.05 0.05 0.03 0.03
Profit before tax 0.92 0.95 0.77 0.10 0.58 0.95 0.93 0.21 0.27 0.63 1.14 1.12 0.61
Tax % 33.70% 25.26% 24.68% 10.00% 31.03% 15.79% -8.60% 66.67% 0.00% 28.57% 21.05% 4.46% 62.30%
0.61 0.70 0.58 0.09 0.40 0.81 1.02 0.08 0.27 0.46 0.91 1.07 0.24
EPS in Rs 0.53 0.60 0.50 0.08 0.35 0.70 0.88 0.07 0.23 0.40 0.79 0.92 0.21
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
4.32 4.73 5.46 6.55 6.65 7.71 7.90 10.56 11.50 14.55 13.40 13.92 15.43
4.29 4.29 4.84 5.42 5.55 7.04 8.23 10.19 10.02 11.65 11.47 12.82 13.27
Operating Profit 0.03 0.44 0.62 1.13 1.10 0.67 -0.33 0.37 1.48 2.90 1.93 1.10 2.16
OPM % 0.69% 9.30% 11.36% 17.25% 16.54% 8.69% -4.18% 3.50% 12.87% 19.93% 14.40% 7.90% 14.00%
0.24 0.23 0.27 0.34 0.41 0.44 0.69 0.82 0.91 0.57 0.75 1.34 1.50
Interest 0.00 0.00 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.05 0.05 0.12 0.13 0.16 0.12 0.12 0.11 0.10 0.07 0.11 0.16 0.16
Profit before tax 0.22 0.62 0.73 1.34 1.35 0.99 0.24 1.08 2.29 3.40 2.57 2.28 3.50
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 37.37% 20.83% 22.22% 19.21% 26.47% 11.67% 24.12%
0.22 0.61 0.73 1.34 1.36 0.62 0.20 0.84 1.85 2.50 2.27 1.72 2.68
EPS in Rs 0.19 0.53 0.63 1.16 1.17 0.54 0.17 0.73 1.60 2.16 1.96 1.48 2.32
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 11%
5 Years: 12%
3 Years: 7%
TTM: 17%
Compounded Profit Growth
10 Years: 10%
5 Years: 51%
3 Years: -5%
TTM: 23%
Stock Price CAGR
10 Years: 21%
5 Years: 28%
3 Years: 7%
1 Year: -1%
Return on Equity
10 Years: 13%
5 Years: 13%
3 Years: 13%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 11.59 11.59 11.59 11.59 11.59 11.59 11.59 11.59 11.59 11.59 11.59 11.59 11.59
Reserves -7.87 -7.26 -6.56 -5.22 -4.04 -3.19 -2.61 -1.41 0.86 3.73 5.89 7.60 8.91
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
1.29 1.24 1.31 1.51 1.64 2.31 2.33 2.95 2.15 1.96 1.86 2.82 3.27
Total Liabilities 5.01 5.57 6.34 7.88 9.19 10.71 11.31 13.13 14.60 17.28 19.34 22.01 23.77
0.17 0.16 0.27 0.26 0.25 0.22 0.22 0.20 0.14 0.12 0.37 0.31 0.29
CWIP 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
Investments 0.70 0.89 1.07 2.65 3.58 6.47 6.92 7.49 10.08 11.53 13.44 14.22 15.54
4.14 4.52 5.00 4.97 5.36 4.02 4.17 5.44 4.38 5.63 5.53 7.48 7.94
Total Assets 5.01 5.57 6.34 7.88 9.19 10.71 11.31 13.13 14.60 17.28 19.34 22.01 23.77

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.13 0.49 0.55 1.91 1.37 0.74 0.44 1.06 0.73 1.87 1.73 1.37
0.06 -0.22 -0.42 -1.58 -0.90 -2.73 -0.15 -0.10 -2.00 -0.98 -1.61 0.08
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Cash Flow 0.19 0.27 0.13 0.33 0.47 -1.98 0.29 0.96 -1.26 0.89 0.12 1.46

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 69.28 64.82 76.21 37.34 29.64 49.23 52.67 42.17 43.48 40.14 34.32 48.77
Inventory Days 22.81 40.56 16.10 16.59 19.21 17.11 12.17 4.10 9.46 8.88 12.39 17.06
Days Payable 174.90 97.33 80.51 132.73 134.47 91.25 106.46 75.19 89.22 25.52 6.76 29.56
Cash Conversion Cycle -82.80 8.04 11.80 -78.80 -85.62 -24.91 -41.62 -28.92 -36.28 23.50 39.95 36.26
Working Capital Days -14.36 -0.77 18.72 -15.60 -27.44 -24.62 -31.42 5.18 4.13 13.04 9.81 3.93
ROCE % 6.09% 15.40% 16.03% 23.51% 19.40% 12.41% 2.76% 11.27% 19.89% 24.49% 15.43% 11.18%

Shareholding Pattern

Numbers in percentages

6 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
69.80% 69.79% 69.80% 69.79% 69.79% 69.79% 69.79% 69.79% 69.36% 68.26% 64.34% 60.05%
30.20% 30.21% 30.20% 25.02% 25.02% 25.03% 25.02% 25.03% 25.45% 26.54% 30.47% 34.76%
0.00% 0.00% 0.00% 5.18% 5.18% 5.18% 5.18% 5.18% 5.18% 5.18% 5.18% 5.18%
No. of Shareholders 6,2116,9657,0306,9616,8046,6676,5336,3506,8176,9717,4138,350

* 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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