Covidh Technologies Ltd
₹ 2.03
4.64%
18 Mar 2024
About
Incorporated in 1993, Covidh Technologies Limited is in the business of IT/ITES.
Key Points
- Market Cap ₹ 2.15 Cr.
- Current Price ₹ 2.03
- High / Low ₹ 2.03 / 1.76
- Stock P/E
- Book Value ₹ -0.23
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 26.4%
* 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
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15.42 | 23.32 | 10.90 | 25.50 | 21.36 | 28.92 | 12.30 | 2.13 | 2.13 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 13.46 | 23.14 | 10.28 | 25.14 | 20.92 | 28.46 | 11.98 | 2.19 | 0.19 | 0.11 | 0.11 | 0.10 | 0.10 | |
| Operating Profit | 1.96 | 0.18 | 0.62 | 0.36 | 0.44 | 0.46 | 0.32 | -0.06 | 1.94 | -0.11 | -0.11 | -0.10 | -0.10 |
| OPM % | 12.71% | 0.77% | 5.69% | 1.41% | 2.06% | 1.59% | 2.60% | -2.82% | 91.08% | ||||
| 0.01 | 0.00 | 0.00 | -12.61 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest | 0.01 | 0.00 | 0.00 | 0.16 | 0.20 | 0.27 | 0.23 | 0.22 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.08 | 0.10 | 0.50 | 0.08 | 0.21 | 0.15 | 0.08 | 0.12 | 0.12 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1.88 | 0.08 | 0.12 | -12.49 | 0.03 | 0.04 | 0.01 | -0.40 | 1.80 | -0.11 | -0.11 | -0.10 | -0.10 |
| Tax % | 37.77% | 50.00% | 0.00% | 0.40% | 100.00% | 25.00% | 200.00% | 5.00% | 1.11% | 0.00% | 0.00% | 0.00% | |
| 1.18 | 0.04 | 0.12 | -12.54 | 0.00 | 0.04 | -0.02 | -0.42 | 1.78 | -0.11 | -0.11 | -0.10 | -0.10 | |
| EPS in Rs | 1.11 | 0.04 | 0.11 | -11.83 | 0.00 | 0.04 | -0.02 | -0.40 | 1.68 | -0.10 | -0.10 | -0.09 | -0.10 |
| Dividend Payout % | 44.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
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| 3 Years: | % |
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| Compounded Profit Growth | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
| TTM: | -43% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -14% |
| 5 Years: | 26% |
| 3 Years: | 27% |
| 1 Year: | 14% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | % |
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 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | 0.30 | 0.30 | 0.32 | 0.32 |
| Reserves | 2.29 | 2.33 | 2.44 | -10.10 | -10.09 | -10.05 | -10.07 | -10.49 | -10.71 | -0.31 | -0.42 | -0.54 | -0.56 |
| 1.26 | 4.28 | 4.97 | 6.15 | 6.83 | 7.49 | 7.53 | 6.56 | 2.02 | 0.00 | 0.13 | 0.18 | 0.26 | |
| 4.65 | 3.56 | 2.54 | 4.61 | 5.57 | 8.19 | 4.12 | 3.81 | 2.59 | 0.02 | 0.04 | 0.10 | 0.02 | |
| Total Liabilities | 18.80 | 20.77 | 20.55 | 11.26 | 12.91 | 16.23 | 12.18 | 10.48 | 4.50 | 0.01 | 0.05 | 0.06 | 0.04 |
| 3.78 | 4.75 | 6.65 | 0.48 | 0.44 | 0.45 | 0.75 | 0.62 | 0.43 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CWIP | 4.06 | 3.08 | 1.96 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 4.28 | 4.32 | 4.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 6.68 | 8.62 | 7.74 | 10.78 | 12.47 | 15.78 | 11.43 | 9.86 | 4.07 | 0.01 | 0.05 | 0.06 | 0.04 | |
| Total Assets | 18.80 | 20.77 | 20.55 | 11.26 | 12.91 | 16.23 | 12.18 | 10.48 | 4.50 | 0.01 | 0.05 | 0.06 | 0.04 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.84 | -3.01 | 0.50 | 0.81 | -0.63 | -0.51 | 0.34 | 0.97 | 4.45 | -0.30 | -0.12 | -0.06 | |
| -7.38 | -0.05 | -1.16 | -0.40 | -0.16 | -0.16 | -0.38 | 0.00 | 0.10 | 0.00 | 0.00 | 0.00 | |
| 8.26 | 3.02 | 0.69 | -0.42 | 0.77 | 0.66 | 0.04 | -0.97 | -4.55 | 0.30 | 0.13 | 0.06 | |
| Net Cash Flow | 0.04 | -0.04 | 0.04 | -0.01 | -0.02 | -0.01 | 0.00 | 0.00 | -0.01 | 0.00 | 0.00 | 0.00 |
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 | 151.73 | 130.54 | 192.55 | 122.81 | 174.64 | 177.96 | 297.34 | 1,470.28 | 498.66 | |||
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 151.73 | 130.54 | 192.55 | 122.81 | 174.64 | 177.96 | 297.34 | 1,470.28 | 498.66 | |||
| Working Capital Days | 47.58 | 79.35 | 174.46 | 88.17 | 117.74 | 95.67 | 217.52 | 1,041.88 | 260.47 | |||
| ROCE % | 19.41% | 0.51% | 0.68% | 2.27% | 3.29% | 4.03% | 2.98% | -2.44% | 42.42% | -11.58% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Nov
- Board Meeting Outcome for Board Meeting Outcome For Board Meeting Outcome For Unaudited Financial Result For Quarter Ended 2024. 13 Nov
- Board Meeting Outcome for Revised Board Meeting Outcome For Unaudited Financial Result For Quarter Ended 2024. 13 Nov
- Board Meeting Outcome for Board Meeting Outcome For Unaudited Financial Result For Quarter Ended 2024. 13 Nov
-
Board Meeting Intimation for 1. To Consider And Approve The Un-Audited Financial Results For The Second Quarter And Half Year Ended 30Th September, 2024 And Limited Review Report Thereon.
2. To Consider Any Other Business With The Permission Of The Chair.
6 Nov - Board meeting to approve Q2 financial results.
Annual reports
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Financial Year 2023
from bse
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Financial Year 2022
from bse
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Financial Year 2021
from bse
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Financial Year 2020
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Financial Year 2019
from bse
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Financial Year 2018
from bse
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Financial Year 2017
from bse
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Financial Year 2016
from bse
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Financial Year 2015
from bse
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Financial Year 2014
from bse
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Financial Year 2013
from bse
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Financial Year 2012
from bse
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Financial Year 2011
from bse
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Financial Year 2010
from bse
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Financial Year 2009
from bse
Services Offered:[1]
a) IT Enabled Services: Digital Transformation, BPO and Data Processing Services for industry verticals. This includes Financial Data Processing, Document Management, Scanning and Digital Conversions, Back Office Offsite Support Services and IT Infrastructure Management.
b) IT Resourcing: IT Resources spanning low end to high end technical domains including data processing, software development (web, mobile, desktop), cross platform development (Windows/ Linux/Android/Mac). Company provides resourcing both in onsite and offsite models.