Tranway21 Technologies Ltd
Incorporated in 2015, Tranway Technologies Ltd is in the business of providing manpower services[1]
- Market Cap ₹ 6.36 Cr.
- Current Price ₹ 6.00
- High / Low ₹ 9.08 / 5.50
- Stock P/E
- Book Value ₹ 11.3
- Dividend Yield 0.00 %
- ROCE 1.27 %
- ROE 0.41 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.53 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -6.28% over past five years.
- Company has a low return on equity of 1.16% over last 3 years.
- Debtor days have increased from 21.3 to 47.2 days.
- Working capital days have increased from 342 days to 487 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
Half Yearly 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 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2.24 | 3.11 | 3.94 | 5.13 | 4.40 | 5.55 | 6.32 | 6.00 | 3.71 | 3.47 | |
| 2.16 | 2.93 | 3.65 | 4.49 | 3.90 | 5.18 | 5.87 | 5.48 | 3.53 | 3.60 | |
| Operating Profit | 0.08 | 0.18 | 0.29 | 0.64 | 0.50 | 0.37 | 0.45 | 0.52 | 0.18 | -0.13 |
| OPM % | 3.57% | 5.79% | 7.36% | 12.48% | 11.36% | 6.67% | 7.12% | 8.67% | 4.85% | -3.75% |
| 0.00 | 0.01 | 0.00 | 0.04 | 0.03 | 0.02 | 0.06 | 0.06 | 0.06 | 0.02 | |
| Interest | 0.00 | 0.01 | 0.14 | 0.21 | 0.31 | 0.27 | 0.27 | 0.21 | 0.15 | 0.20 |
| Depreciation | 0.00 | 0.00 | 0.00 | 0.15 | 0.11 | 0.08 | 0.05 | 0.04 | 0.02 | 0.02 |
| Profit before tax | 0.08 | 0.18 | 0.15 | 0.32 | 0.11 | 0.04 | 0.19 | 0.33 | 0.07 | -0.33 |
| Tax % | 25.00% | 27.78% | 26.67% | 28.12% | 27.27% | 50.00% | 31.58% | 30.30% | 14.29% | |
| 0.06 | 0.12 | 0.11 | 0.24 | 0.08 | 0.02 | 0.13 | 0.24 | 0.05 | -0.33 | |
| EPS in Rs | 300.00 | 600.00 | 550.00 | 1,200.00 | 0.08 | 0.02 | 0.12 | 0.23 | 0.05 | -0.31 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | -13% |
| TTM: | -28% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -27% |
| 3 Years: | 36% |
| TTM: | -243% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -9% |
| 3 Years: | -22% |
| 1 Year: | -15% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 1% |
| 3 Years: | 1% |
| Last Year: | 0% |
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 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.02 | 0.02 | 0.02 | 0.02 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 |
| Reserves | 0.06 | 0.18 | 0.29 | 0.53 | 1.20 | 1.22 | 1.35 | 1.59 | 1.64 | 1.34 |
| 0.58 | 0.57 | 1.54 | 1.33 | 7.21 | 5.94 | 5.74 | 4.94 | 5.15 | 5.39 | |
| 0.72 | 0.32 | 0.58 | 0.25 | 0.58 | 1.13 | 1.12 | 1.10 | 0.62 | 0.85 | |
| Total Liabilities | 1.38 | 1.09 | 2.43 | 2.13 | 19.59 | 18.89 | 18.81 | 18.23 | 18.01 | 18.18 |
| 0.00 | 0.00 | 0.46 | 0.35 | 0.24 | 0.17 | 0.11 | 0.08 | 0.06 | 0.65 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.57 | 0.60 | 0.60 | 0.60 | 0.60 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 11.58 | 11.58 | 11.58 | 11.58 | 11.58 | 11.58 |
| 1.38 | 1.09 | 1.97 | 1.78 | 7.20 | 6.54 | 6.52 | 5.97 | 5.77 | 5.95 | |
| Total Assets | 1.38 | 1.09 | 2.43 | 2.13 | 19.59 | 18.89 | 18.81 | 18.23 | 18.01 | 18.18 |
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 | |
|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.02 | -0.35 | 0.59 | -4.08 | 0.49 | 0.67 | 0.41 | -0.22 | |
| 0.00 | 0.00 | -0.46 | -0.03 | -12.16 | -0.02 | 0.05 | 0.05 | 0.05 | |
| 0.00 | -0.02 | 0.81 | -0.54 | 16.48 | -0.33 | -0.43 | -0.96 | 0.05 | |
| Net Cash Flow | 0.00 | 0.00 | 0.00 | 0.02 | 0.24 | 0.14 | 0.30 | -0.50 | -0.11 |
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 | 177.61 | 49.29 | 78.74 | 28.46 | 22.40 | 24.33 | 8.66 | 7.91 | 47.22 |
| Inventory Days | |||||||||
| Days Payable | |||||||||
| Cash Conversion Cycle | 177.61 | 49.29 | 78.74 | 28.46 | 22.40 | 24.33 | 8.66 | 7.91 | 47.22 |
| Working Capital Days | 97.77 | 86.85 | 128.77 | 91.78 | 497.73 | 316.33 | 262.20 | 277.40 | 486.99 |
| ROCE % | 26.57% | 22.14% | 28.42% | 4.02% | 1.69% | 2.60% | 3.10% | 1.27% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
10 Apr - Certificate under Regulation 74(5) for Q1 2025.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
1 Apr - Non-applicability of Annual Secretarial Compliance Report.
-
Declaration With Respect To Non Applicability Of Related Party Transactions Pursuant To Regulation 23(9) Of The SEBI (LODR) Regulations 2015
1 Apr - Non-applicability of Related Party Transactions disclosure.
-
Intimation Of Non Applicability Of Large Entity Disclosure
1 Apr - Confirmation of non-applicability as Large Corporate.
-
Closure of Trading Window
31 Mar - Closure of trading window until financial results are declared.
Business Overview:[1][2]
Company is a sister-concern of Bharat groups. It is in the business of information technology, software services, product development, testing, staffing solutions, Body Shopping, Contract staffing, Human Resource Consulting, Placement Services, Manpower Supply Services, Soft Skills Training for employability, Recruitment Process Organization, etc. Company has operations in India, South Africa and Malaysia.