63 Moons Technologies Ltd

63 Moons Technologies Ltd

₹ 337 3.77%
24 Jul - close price
About

63 Moons Techs is engaged in Computer Programming, Consultancy and related services.

Key Points

Services Offered
1.Brokerage Trading solutions: The Co. provides end-to-end solutions for Brokers. Its solutions cater to Equity, Forex, Commodity, and Derivatives Markets, covering all stages of a Trade Life Cycle, i.e. Pre-Trade, and Post-Trade. The company provides its service under its brand ODIN and its clients include Nirmal Bang, Kotak Securities, Angel Securities, PCS Securities, and others. [1]

  • Market Cap 1,554 Cr.
  • Current Price 337
  • High / Low 691 / 221
  • Stock P/E 7.41
  • Book Value 726
  • Dividend Yield 0.59 %
  • ROCE 6.70 %
  • ROE 6.49 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Stock is trading at 0.46 times its book value
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 52.4% CAGR over last 5 years
  • Debtor days have improved from 60.8 to 35.0 days.

Cons

  • Company has a low return on equity of 1.32% over last 3 years.
  • Contingent liabilities of Rs.585 Cr.
  • Earnings include an other income of Rs.148 Cr.

* 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

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
39.69 38.27 39.20 40.50 42.30 40.91 44.32 93.24 111.60 115.07 158.77 160.73 37.53
62.87 64.13 63.62 71.27 77.87 79.51 75.54 78.41 83.37 88.84 91.00 95.37 99.71
Operating Profit -23.18 -25.86 -24.42 -30.77 -35.57 -38.60 -31.22 14.83 28.23 26.23 67.77 65.36 -62.18
OPM % -58.40% -67.57% -62.30% -75.98% -84.09% -94.35% -70.44% 15.91% 25.30% 22.79% 42.68% 40.66% -165.68%
-30.75 17.95 -10.90 16.38 32.41 29.84 20.87 26.23 -6.61 32.76 36.29 41.80 37.12
Interest 0.16 0.13 0.09 0.14 0.12 0.10 0.13 0.18 0.22 0.19 0.25 0.23 0.30
Depreciation 4.02 3.31 3.35 3.02 2.80 2.88 3.03 3.24 14.24 7.66 7.51 7.62 7.51
Profit before tax -58.11 -11.35 -38.76 -17.55 -6.08 -11.74 -13.51 37.64 7.16 51.14 96.30 99.31 -32.87
Tax % 1.45% 1.76% -4.05% -2.96% 41.61% 0.85% -4.29% 45.46% 345.39% 23.78% 17.06% 9.16% -109.98%
-59.07 -9.94 -34.03 -13.66 1.96 -6.50 -13.65 19.62 -26.10 37.24 79.28 89.41 3.82
EPS in Rs -12.82 -2.16 -7.39 -2.96 0.97 -0.84 -2.31 4.77 -5.16 8.54 17.88 20.12 1.74
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
752 568 210 205 218 322 261 212 160 160 290 472
556 677 473 454 376 396 455 361 244 277 317 375
Operating Profit 196 -109 -263 -250 -158 -74 -194 -150 -84 -117 -27 97
OPM % 26% -19% -126% -122% -73% -23% -74% -71% -52% -73% -9% 21%
204 1,084 828 765 274 179 200 135 41 56 70 148
Interest 98 82 26 43 23 10 4 1 1 0 1 1
Depreciation 33 43 45 41 33 30 26 25 19 12 23 30
Profit before tax 269 850 493 432 61 65 -24 -40 -62 -74 20 214
Tax % 53% 6% 13% 24% 62% 82% 47% 17% 3% 1% 212% 1%
229 865 426 328 23 12 -35 -46 -63 -56 -27 210
EPS in Rs 49.36 188.70 92.61 71.08 5.02 2.62 -7.65 -9.99 -13.74 -11.54 -3.54 48.29
Dividend Payout % 16% 4% 18% 7% 40% 76% -26% -20% -15% 0% -57% 4%
Compounded Sales Growth
10 Years: -2%
5 Years: 13%
3 Years: 43%
TTM: 63%
Compounded Profit Growth
10 Years: 15%
5 Years: 52%
3 Years: 148%
TTM: 571%
Stock Price CAGR
10 Years: 0%
5 Years: 31%
3 Years: 45%
1 Year: 33%
Return on Equity
10 Years: -1%
5 Years: 0%
3 Years: 1%
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 9 9 9 9 9 9 9 9 9 9 9 9
Reserves 1,806 2,552 2,919 3,132 3,157 3,194 3,168 3,122 3,082 3,087 3,106 3,338
1,464 495 486 509 498 101 4 0 0 0 4 5
1,408 529 548 327 311 287 275 268 251 272 347 293
Total Liabilities 4,687 3,585 3,962 3,977 3,975 3,591 3,457 3,400 3,342 3,368 3,466 3,645
526 532 457 286 382 362 364 381 364 382 387 369
CWIP 0 4 0 0 0 3 0 0 0 0 0 1
Investments 1,967 1,166 2,008 2,428 2,207 1,542 1,016 898 859 796 658 642
2,193 1,882 1,497 1,263 1,386 1,683 2,077 2,121 2,120 2,190 2,421 2,633
Total Assets 4,687 3,585 3,962 3,977 3,975 3,591 3,457 3,400 3,342 3,368 3,466 3,645

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
160 -384 -81 -159 -113 -60 -55 -64 -36 -102 71 47
-349 1,855 -119 189 246 759 -157 46 60 75 50 -100
23 -1,182 -40 -74 -23 -411 -116 -2 -0 81 19 22
Net Cash Flow -166 289 -239 -43 110 288 -328 -21 24 54 140 -31

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 204 87 76 66 77 51 98 81 92 92 56 35
Inventory Days
Days Payable
Cash Conversion Cycle 204 87 76 66 77 51 98 81 92 92 56 35
Working Capital Days -15 221 138 385 -165 328 357 337 326 296 102 229
ROCE % 10% -3% -8% -4% 2% 3% -1% -1% -0% -2% 2% 7%

Shareholding Pattern

Numbers in percentages

Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
45.63% 45.63% 45.63% 45.63% 45.63% 45.63% 45.63% 45.63% 45.63% 45.63% 45.63% 45.63%
4.93% 5.12% 5.40% 5.60% 5.61% 5.21% 3.71% 5.16% 8.02% 6.49% 4.35% 4.12%
0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.09%
49.32% 49.13% 48.85% 48.65% 48.64% 49.04% 50.55% 49.07% 46.23% 47.75% 49.89% 50.15%
No. of Shareholders 44,12045,43547,90547,09046,03345,30743,60042,90441,98847,12150,51151,235

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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