Covidh Technologies Ltd
Incorporated in 1993, Covidh Technologies Limited is in the business of IT/ITES.
- Market Cap ₹ 2.15 Cr.
- Current Price ₹ 2.03
- High / Low ₹ 2.03 / 1.76
- Stock P/E
- Book Value ₹ 0.45
- Dividend Yield 0.00 %
- ROCE 3.40 %
- ROE -7.92 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 4.48 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -6.47% over past five years.
- Promoter holding is low: 26.4%
- Company might be capitalizing the interest cost
- Company has high debtors of 203 days.
* 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
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 6.29 | 25.85 | 35.89 | 11.06 | 25.50 | 33.57 | 25.69 | 16.36 | |
| 6.21 | 22.74 | 35.37 | 10.28 | 25.14 | 33.10 | 25.21 | 15.96 | |
| Operating Profit | 0.08 | 3.11 | 0.52 | 0.78 | 0.36 | 0.47 | 0.48 | 0.40 |
| OPM % | 1.27% | 12.03% | 1.45% | 7.05% | 1.41% | 1.40% | 1.87% | 2.44% |
| 0.03 | 0.07 | 0.00 | 0.00 | -13.45 | 0.00 | 0.00 | 0.00 | |
| Interest | 0.00 | 0.02 | 0.02 | 0.01 | 0.16 | 0.27 | 0.38 | 0.39 |
| Depreciation | 0.02 | 0.19 | 0.31 | 0.66 | 0.14 | 0.19 | 0.12 | 0.12 |
| Profit before tax | 0.09 | 2.97 | 0.19 | 0.11 | -13.39 | 0.01 | -0.02 | -0.11 |
| Tax % | 33.33% | 35.35% | 42.11% | -9.09% | 0.22% | 100.00% | 100.00% | |
| 0.06 | 1.93 | 0.11 | 0.13 | -13.42 | 0.01 | -0.04 | -0.13 | |
| EPS in Rs | 1.82 | 0.10 | 0.12 | -12.66 | 0.01 | -0.04 | -0.13 | |
| Dividend Payout % | 0.00% | 27.46% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | 0% |
| TTM: | -23% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -13% |
| TTM: | -500% |
| 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: | -8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 3.60 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 |
| Reserves | 1.72 | 3.14 | 3.24 | 3.37 | -10.05 | -10.07 | -10.12 |
| 0.00 | 2.35 | 5.64 | 6.33 | 7.51 | 9.51 | 10.64 | |
| 2.00 | 6.15 | 5.76 | 4.52 | 6.41 | 9.88 | 6.54 | |
| Total Liabilities | 7.32 | 22.24 | 25.24 | 24.82 | 14.47 | 19.92 | 17.66 |
| 0.07 | 5.56 | 6.37 | 7.90 | 0.71 | 0.61 | 0.87 | |
| CWIP | 4.06 | 6.34 | 5.36 | 4.23 | 0.00 | 0.00 | 0.00 |
| Investments | 0.69 | 0.18 | 0.18 | 0.28 | 0.00 | 0.00 | 0.00 |
| 2.50 | 10.16 | 13.33 | 12.41 | 13.76 | 19.31 | 16.79 | |
| Total Assets | 7.32 | 22.24 | 25.24 | 24.82 | 14.47 | 19.92 | 17.66 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|
| -0.03 | -1.94 | 0.49 | 0.81 | -0.65 | -0.33 | ||
| 0.00 | -7.44 | -1.16 | -0.40 | -0.16 | -0.38 | ||
| 0.00 | 9.45 | 0.69 | -0.42 | 0.80 | 1.13 | ||
| Net Cash Flow | -0.03 | 0.07 | 0.03 | -0.01 | -0.01 | 0.42 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2018 | Mar 2019 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 137.53 | 114.65 | 111.36 | 274.58 | 157.16 | 185.27 | 203.31 |
| Inventory Days | 0.00 | 0.00 | |||||
| Days Payable | |||||||
| Cash Conversion Cycle | 137.53 | 114.65 | 111.36 | 274.58 | 157.16 | 185.27 | 203.31 |
| Working Capital Days | 29.01 | 55.91 | 77.19 | 260.38 | 104.92 | 102.42 | 139.09 |
| ROCE % | 27.93% | 1.18% | 0.60% | 1.55% | 3.40% |
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
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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
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Financial Year 2009
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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.