Niks Technology Ltd
Niks Technology Application development Company offers services which range from outsourced application development and managed services to professional services. The company delivers products and solutions like IT Services, IT Security Services and Training On Ethical Hacking / Embedded System & Robotics /Software Development/Networking and Communication.
- Market Cap ₹ 23.0 Cr.
- Current Price ₹ 542
- High / Low ₹ 601 / 0.00
- Stock P/E 51.2
- Book Value ₹ 83.3
- Dividend Yield 0.00 %
- ROCE 25.9 %
- ROE 18.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 94.5 to 124 days.
- Promoter holding has decreased over last 3 years: -18.0%
- Working capital days have increased from -23.0 days to 131 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
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 0.20 | 0.38 | 0.72 | 2.08 | 6.11 | |
| 0.07 | 0.10 | 0.56 | 1.54 | 5.32 | |
| Operating Profit | 0.13 | 0.28 | 0.16 | 0.54 | 0.79 |
| OPM % | 65.00% | 73.68% | 22.22% | 25.96% | 12.93% |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 |
| Depreciation | 0.02 | 0.05 | 0.15 | 0.18 | 0.15 |
| Profit before tax | 0.11 | 0.23 | 0.01 | 0.36 | 0.61 |
| Tax % | 27.27% | 30.43% | 100.00% | 27.78% | 27.87% |
| 0.08 | 0.16 | 0.00 | 0.26 | 0.45 | |
| EPS in Rs | 40.00 | 4.41 | 0.00 | 7.16 | 10.59 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 152% |
| TTM: | 194% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 41% |
| TTM: | 73% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 39% |
| 1 Year: | 71% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Equity Capital | 0.02 | 0.36 | 0.36 | 0.36 | 0.43 |
| Reserves | 0.09 | 0.63 | 0.63 | 0.89 | 3.11 |
| 0.04 | 0.00 | 0.00 | 0.00 | 0.16 | |
| 0.26 | 0.57 | 0.39 | 1.74 | 1.81 | |
| Total Liabilities | 0.41 | 1.56 | 1.38 | 2.99 | 5.51 |
| 0.05 | 0.28 | 0.19 | 0.83 | 0.70 | |
| CWIP | 0.11 | 0.26 | 0.56 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 0.25 | 1.02 | 0.63 | 2.16 | 4.81 | |
| Total Assets | 0.41 | 1.56 | 1.38 | 2.99 | 5.51 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 0.16 | 0.55 | -0.05 | 0.84 | -2.17 | |
| -0.14 | -0.42 | -0.34 | -0.27 | -0.02 | |
| 0.00 | 0.68 | 0.00 | 0.00 | 2.73 | |
| Net Cash Flow | 0.02 | 0.81 | -0.39 | 0.57 | 0.53 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 73.00 | 76.84 | 40.56 | 119.33 | 123.66 |
| Inventory Days | 0.00 | 209.34 | 8.11 | ||
| Days Payable | 0.00 | 75.03 | |||
| Cash Conversion Cycle | 73.00 | 76.84 | 40.56 | 328.67 | 56.74 |
| Working Capital Days | -91.25 | -365.00 | -96.32 | -103.53 | 130.83 |
| ROCE % | 40.35% | 1.01% | 32.14% | 25.86% |
Services Offered:[1]
The company provides hosts of digital service like:
a) Digital Marketing: Search engine optimization (SEO), Search engine marketing (SEM), Content marketing, Influencer marketing, Content automation, Campaign marketing, e-commerce marketing, Social media marketing, Social media optimization, email direct marketing, Display advertising e–books, optical disks and games