Response Informatics Ltd

Response Informatics Ltd

₹ 53.5 -4.55%
27 Dec 10:03 a.m.
About

Incorporated in 1996, Response Informatics Ltd is a global IT Enterprise Automation, Consulting & Software Solutions Provider company

Key Points

Business Overview:[1][2]
Company started with Product Development, Designing Digital Solutions, Global Staffing Solutions, Management Consulting and at present provides solutions to several other sectors, such as software development
and Enterprise software, Block chain,
Artificial intelligence, Data analytics,
Robotic Process Automation, Internet
of Things, etc.

  • Market Cap 43.8 Cr.
  • Current Price 53.5
  • High / Low 94.4 / 41.5
  • Stock P/E 82.7
  • Book Value 14.8
  • Dividend Yield 0.00 %
  • ROCE 5.65 %
  • ROE 10.1 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.

Cons

  • Stock is trading at 3.79 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 14.0% over last 3 years.
  • Company has high debtors of 172 days.
  • Company's cost of borrowing seems high
  • Promoter holding has decreased over last 3 years: -19.1%

* 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
2.11 2.19 1.78 2.40 2.28 2.51 2.23 2.15 3.11 2.61 2.51 2.51 2.72
1.37 1.81 2.30 2.28 2.05 1.88 2.54 2.05 2.97 2.43 2.48 2.25 2.51
Operating Profit 0.74 0.38 -0.52 0.12 0.23 0.63 -0.31 0.10 0.14 0.18 0.03 0.26 0.21
OPM % 35.07% 17.35% -29.21% 5.00% 10.09% 25.10% -13.90% 4.65% 4.50% 6.90% 1.20% 10.36% 7.72%
0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.00 0.02 0.01 -0.10 -0.03 0.01
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.10 0.03 0.01
Depreciation 0.00 0.01 0.01 0.00 0.00 -0.01 0.00 0.00 0.00 0.00 0.10 0.05 0.05
Profit before tax 0.74 0.37 -0.53 0.12 0.23 0.64 -0.26 0.10 0.16 0.19 -0.27 0.15 0.16
Tax % 0.00% 24.32% -5.66% 16.67% 17.39% 15.62% -7.69% 10.00% -12.50% 0.00% -103.70% 33.33% 43.75%
0.74 0.28 -0.50 0.10 0.19 0.53 -0.24 0.08 0.19 0.19 0.01 0.10 0.09
EPS in Rs 1.24 0.47 -0.84 0.13 0.25 0.71 -0.32 0.11 0.25 0.25 0.01 0.12 0.11
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
0.30 1.09 0.98 0.98 0.83 0.45 0.53 1.53 2.62 7.02 9.41 10.37 10.35
0.31 1.10 0.96 2.35 1.42 0.43 0.47 2.09 4.86 6.54 8.74 9.91 9.67
Operating Profit -0.01 -0.01 0.02 -1.37 -0.59 0.02 0.06 -0.56 -2.24 0.48 0.67 0.46 0.68
OPM % -3.33% -0.92% 2.04% -139.80% -71.08% 4.44% 11.32% -36.60% -85.50% 6.84% 7.12% 4.44% 6.57%
0.12 0.07 0.01 0.00 0.00 0.00 0.00 0.01 0.00 0.00 0.05 -0.06 -0.11
Interest 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.02 0.01 0.12 0.14
Depreciation 0.01 0.01 0.01 0.01 0.01 0.01 0.01 0.03 0.03 0.03 0.00 0.11 0.20
Profit before tax 0.06 0.05 0.02 -1.38 -0.60 0.01 0.05 -0.58 -2.28 0.43 0.71 0.17 0.23
Tax % 50.00% 40.00% 50.00% 0.00% 0.00% 200.00% 40.00% 1.72% 0.00% 16.28% 18.31% -176.47%
0.03 0.03 0.01 -1.37 -0.60 -0.01 0.04 -0.59 -2.27 0.37 0.58 0.47 0.39
EPS in Rs 0.05 0.05 0.02 -2.29 -1.00 -0.02 0.07 -0.99 -3.80 0.62 0.78 0.63 0.49
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: 25%
5 Years: 81%
3 Years: 58%
TTM: 4%
Compounded Profit Growth
10 Years: 34%
5 Years: 70%
3 Years: 31%
TTM: -5%
Stock Price CAGR
10 Years: 21%
5 Years: 43%
3 Years: 63%
1 Year: -21%
Return on Equity
10 Years: -8%
5 Years: -8%
3 Years: 14%
Last Year: 10%

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 5.96 5.98 5.98 5.98 5.98 5.98 5.98 5.98 5.98 5.98 7.48 7.48 8.19
Reserves 0.18 0.25 0.27 -1.10 -1.70 -1.71 -1.68 -2.26 -4.53 -4.17 -2.08 -1.61 3.92
0.66 0.33 0.28 0.00 0.00 0.05 0.00 0.23 0.45 0.40 1.01 1.53 0.43
0.02 0.86 1.09 0.03 0.11 0.09 0.14 0.35 0.28 1.55 1.17 2.31 1.06
Total Liabilities 6.82 7.42 7.62 4.91 4.39 4.41 4.44 4.30 2.18 3.76 7.58 9.71 13.60
0.04 0.03 0.02 0.02 0.03 0.02 0.01 0.07 0.04 0.02 0.04 0.53 0.45
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 2.34 2.34 2.34 2.34 2.34 2.34 2.34 2.34 0.00 0.00 3.49 3.39 3.34
4.44 5.05 5.26 2.55 2.02 2.05 2.09 1.89 2.14 3.74 4.05 5.79 9.81
Total Assets 6.82 7.42 7.62 4.91 4.39 4.41 4.44 4.30 2.18 3.76 7.58 9.71 13.60

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
-1.16 0.13 -0.30 -1.36 -0.24 -0.02 0.02 -0.12 0.06 0.46 -0.73 0.16
0.35 -0.21 0.16 0.00 -0.02 0.00 0.00 -0.08 0.00 0.00 -3.52 0.00
0.00 0.05 0.00 1.60 0.05 0.00 -0.05 0.23 0.22 0.00 3.60 -0.19
Net Cash Flow -0.81 -0.03 -0.14 0.23 -0.22 -0.02 -0.02 0.03 0.28 0.46 -0.64 -0.03

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 1,362.67 656.33 964.64 331.48 589.28 1,224.78 1,129.43 324.44 164.39 96.71 112.87 172.12
Inventory Days 70.00 22.53 196.91 0.00
Days Payable 365.00 477.65 4.80
Cash Conversion Cycle 1,362.67 361.33 509.52 523.58 589.28 1,224.78 1,129.43 324.44 164.39 96.71 112.87 172.12
Working Capital Days 2,153.50 472.16 577.30 465.56 558.49 1,143.67 1,039.91 255.26 154.64 51.99 106.67 110.87
ROCE % 1.42% 0.75% 0.31% -24.19% -13.10% 0.23% 1.16% -14.06% -77.61% 21.90% 16.71% 5.65%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
70.65% 70.65% 56.48% 56.47% 56.47% 56.47% 56.47% 56.47% 56.47% 56.47% 51.56% 51.56%
29.35% 29.35% 43.52% 43.52% 43.52% 43.51% 43.53% 43.52% 43.52% 43.52% 48.44% 48.44%
No. of Shareholders 1,1061,0961,0891,4511,4361,3971,3521,3191,4031,5131,5691,619

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