Olatech Solutions Ltd
Incorporated in 2014, Olatech Solutions Ltd
is in the business of Data Centre, Enterprise, Telecom, and IT Software solutions in the OSS
– BSS segment[1]
- Market Cap ₹ 118 Cr.
- Current Price ₹ 272
- High / Low ₹ 284 / 123
- Stock P/E 23.4
- Book Value ₹ 24.7
- Dividend Yield 0.00 %
- ROCE 68.2 %
- ROE 51.4 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 44.1%
Cons
- Stock is trading at 11.0 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -3.13%
* 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 | TTM | |
|---|---|---|---|---|---|---|
| 8.33 | 5.47 | 2.53 | 7.45 | 15.16 | 20.02 | |
| 7.59 | 5.23 | 2.03 | 5.68 | 10.80 | 13.03 | |
| Operating Profit | 0.74 | 0.24 | 0.50 | 1.77 | 4.36 | 6.99 |
| OPM % | 8.88% | 4.39% | 19.76% | 23.76% | 28.76% | 34.92% |
| 0.02 | 0.03 | 0.09 | 0.01 | 0.02 | 0.03 | |
| Interest | 0.00 | 0.01 | 0.00 | 0.05 | 0.10 | 0.20 |
| Depreciation | 0.06 | 0.10 | 0.12 | 0.09 | 0.10 | 0.10 |
| Profit before tax | 0.70 | 0.16 | 0.47 | 1.64 | 4.18 | 6.72 |
| Tax % | 25.71% | 25.00% | 25.53% | 28.05% | 27.99% | |
| 0.52 | 0.12 | 0.35 | 1.19 | 3.02 | 5.03 | |
| EPS in Rs | 1.17 | 2.77 | 6.98 | 11.62 | ||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 40% |
| TTM: | 68% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 193% |
| TTM: | 186% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 81% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 44% |
| Last Year: | 51% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 1.64 | 2.34 | 4.33 | 4.33 |
| Reserves | 1.16 | 1.28 | 0.00 | 2.03 | 3.06 | 6.35 |
| 0.00 | 0.00 | 0.00 | 0.33 | 0.46 | 1.03 | |
| 0.72 | 0.19 | 0.58 | 0.87 | 1.54 | 2.36 | |
| Total Liabilities | 1.89 | 1.48 | 2.22 | 5.57 | 9.39 | 14.07 |
| 0.30 | 0.29 | 0.17 | 0.20 | 0.15 | 1.93 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.20 |
| Investments | 0.48 | 0.39 | 0.17 | 1.44 | 1.82 | 1.32 |
| 1.11 | 0.80 | 1.88 | 3.93 | 7.42 | 10.62 | |
| Total Assets | 1.89 | 1.48 | 2.22 | 5.57 | 9.39 | 14.07 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 0.93 | -0.18 | -0.08 | 0.00 | -0.34 | |
| -0.67 | 0.02 | 0.29 | 0.00 | -0.46 | |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.87 | |
| Net Cash Flow | 0.26 | -0.17 | 0.20 | 0.00 | 0.08 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 23.22 | 8.67 | 147.15 | 70.06 | 91.73 |
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | 167.06 |
| Days Payable | 0.00 | ||||
| Cash Conversion Cycle | 23.22 | 8.67 | 147.15 | 70.06 | 258.80 |
| Working Capital Days | -0.88 | 24.02 | 118.30 | 97.99 | 111.47 |
| ROCE % | 13.82% | 32.08% | 53.31% | 68.21% |
Documents
Announcements
-
Financial Results 30.09.2024
12 Nov - Board approved unaudited financial results for H1 2024.
-
Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 Of SEBI (LODR) Regulations, 2015
12 Nov - Approved unaudited financial results for H1 2024.
-
Board Meeting Intimation for Approval Of Unaudited Financial Results Of The Company For The Half Year Ended September 30, 2024.
30 Oct - Board meeting scheduled for November 12, 2024.
-
Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011
28 Oct - Preferential allotment of equity shares and warrants.
-
Announcement under Regulation 30 (LODR)-Allotment
25 Oct - Approval of preferential allotment of equity shares and warrants.
Business Overview:[1]
a) OTSL is in the business of Data Centre, Enterprise, Telecom, and IT Software solutions in the Operations Support System and Business Support System segment.
b) It provides software solutions and System Integration to its clients and have deployed its software solutions at various institutions in India and abroad.
c) Company offers services ranging from consultation, architecture, solution design, and implementation to monitoring and providing managed services.
d) Its software solutions are offered under the registered trademark Epiphany
e) Company has collaborated with clients across verticals such as Telcos, ISPs, Public Sector Enterprises, Data Centre Service Providers, etc.