NINtec Systems Ltd
Incorporated in 1997, NINtec Systems Ltd provides software development services and solutions
- Market Cap ₹ 901 Cr.
- Current Price ₹ 485
- High / Low ₹ 652 / 305
- Stock P/E 55.4
- Book Value ₹ 18.0
- Dividend Yield 0.00 %
- ROCE 67.7 %
- ROE 53.2 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 93.4% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 38.8%
Cons
- Stock is trading at 26.9 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 36.9 to 48.7 days.
- Working capital days have increased from 46.0 days to 133 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
1 | 3 | 4 | 8 | 8 | 9 | 20 | 32 | 65 | 72 | |
1 | 3 | 3 | 7 | 7 | 7 | 16 | 26 | 47 | 51 | |
Operating Profit | 0 | 0 | 0 | 1 | 1 | 1 | 3 | 6 | 18 | 21 |
OPM % | 15% | 15% | 6% | 9% | 14% | 17% | 17% | 18% | 28% | 29% |
0 | 0 | 1 | 1 | 1 | 0 | 1 | 2 | 2 | 2 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
Profit before tax | 0 | 1 | 1 | 1 | 2 | 2 | 4 | 7 | 19 | 22 |
Tax % | 32% | 31% | 33% | 28% | 23% | 24% | 25% | 25% | 25% | |
0 | 0 | 1 | 1 | 1 | 1 | 3 | 6 | 14 | 16 | |
EPS in Rs | 0.10 | 0.24 | 0.28 | 0.46 | 0.69 | 0.70 | 1.49 | 2.98 | 7.57 | 8.76 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 53% |
3 Years: | 94% |
TTM: | 100% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 93% |
3 Years: | 129% |
TTM: | 178% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 120% |
3 Years: | 250% |
1 Year: | 36% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 31% |
3 Years: | 39% |
Last Year: | 53% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 7 | 7 | 7 | 7 | 7 | 7 | 10 | 19 |
Reserves | 0 | 1 | 1 | 2 | 3 | 4 | 7 | 9 | 15 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 | |
0 | 1 | 1 | 1 | 1 | 2 | 3 | 6 | 10 | |
Total Liabilities | 5 | 8 | 9 | 10 | 11 | 13 | 17 | 26 | 46 |
0 | 0 | 0 | 0 | 1 | 0 | 1 | 2 | 4 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 4 | 5 | 5 | 3 | 6 | 8 | 9 | 6 | 18 |
1 | 3 | 3 | 7 | 5 | 5 | 7 | 18 | 24 | |
Total Assets | 5 | 8 | 9 | 10 | 11 | 13 | 17 | 26 | 46 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
-2 | -2 | -0 | -0 | -0 | 0 | 1 | 8 | 9 | |
-0 | 0 | 0 | 1 | -0 | 0 | -0 | -1 | -15 | |
5 | 2 | -0 | 0 | 0 | 0 | 0 | 0 | 2 | |
Net Cash Flow | 2 | -0 | -0 | 0 | -0 | 1 | 1 | 7 | -3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 193 | 4 | 5 | 169 | 61 | 20 | 21 | 41 | 49 |
Inventory Days | 0 | 0 | |||||||
Days Payable | |||||||||
Cash Conversion Cycle | 193 | 4 | 5 | 169 | 61 | 20 | 21 | 41 | 49 |
Working Capital Days | 135 | -18 | -11 | 138 | 53 | 4 | -5 | 11 | 133 |
ROCE % | 9% | 5% | 9% | 15% | 14% | 26% | 41% | 68% |
Documents
Announcements
- Board Meeting Intimation for Matters Related To Convening Of Annual General Meeting 7h
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
14 Aug - Newspaper Advertisement of Financial Results for the Quarter ended 30th June, 2024
- Results - Financial Results For June 30, 2024 13 Aug
- Board Meeting Outcome for Outcome Of Board Meeting - Declaration Of Un-Audited Financial Results For The Quarter Ended 30Th June, 2024 13 Aug
- Board Meeting Intimation for Consider And Approve The Standalone And Consolidated Unaudited Financial Results Of The Company For The Quarter Ended 30Th June, 2024 6 Aug
Annual reports
Concalls
-
Jun 2024TranscriptPPT
Business Overview:[1]
Company is a global offshore Software Development Services & Solutions company and information technology service provider. It serves 30 of Fortune 500 Companies and 100 SMEs across 18 industry verticals. Company is listed as an SME