Cigniti Technologies Ltd

Cigniti Tech. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Cigniti Technologies Ltd

₹ 1,454 3.86%
21 Nov - close price
cigniti.com BSE: 534758 NSE: CIGNITITEC
About

Cigniti Technologies Ltd is engaged in providing quality engineering & software testing services to clients across various industries. It was incorporated in 1998 in Hyderabad, Telangana.[1]

Key Points

Services Offered
The company provides software testing and analysis services in the areas of Quality Assurance, Next Generation Testing, Digital Assurance, Quality Engineering, Advisory & Transformation, IP & Innovation, etc. It uses multiple solutions for automated testing like AI-driven prediction tools. [1]

Website BSE NSE
  • Market Cap ₹ 3,975 Cr.
  • Current Price ₹ 1,454
  • High / Low ₹ 1,553 / 942
  • Stock P/E 25.9
  • Book Value ₹ 297
  • Dividend Yield 0.21 %
  • ROCE 31.2 %
  • ROE 25.0 %
  • Face Value ₹ 10.0
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 26.5%

Cons

  • Promoter holding has decreased over last quarter: -10.1%
  • Promoter holding is low: 22.7%

* 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

Part of BSE Allcap BSE SmallCap BSE Information Technology Nifty Microcap 250 Nifty Total Market

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
308 325 344 378 417 428 425 440 452 468 456 468 499
276 285 311 333 356 364 357 377 387 403 426 419 434
Operating Profit 32 40 33 45 61 64 68 62 65 65 30 50 65
OPM % 10% 12% 9% 12% 15% 15% 16% 14% 14% 14% 7% 11% 13%
3 1 5 1 2 8 4 5 5 7 16 -24 18
Interest 1 1 2 1 1 1 1 1 1 1 1 1 1
Depreciation 4 4 5 5 7 7 7 7 8 8 8 8 9
Profit before tax 30 36 32 39 55 63 64 59 61 63 37 17 73
Tax % 26% 27% 28% 21% 24% 27% 23% 24% 25% 24% 27% 37% 27%
22 27 23 31 42 47 49 45 46 48 27 11 53
EPS in Rs 7.90 9.46 8.06 11.05 14.78 16.57 17.53 15.85 16.80 17.60 9.94 3.85 19.39
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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 TTM
151 259 379 595 619 693 816 872 897 1,242 1,648 1,815 1,891
142 224 341 497 641 641 683 743 751 1,113 1,410 1,593 1,682
Operating Profit 9 36 38 98 -22 52 133 129 145 129 238 222 209
OPM % 6% 14% 10% 16% -4% 8% 16% 15% 16% 10% 14% 12% 11%
0 1 1 3 -332 1 27 22 13 13 15 33 17
Interest 0 1 3 6 16 17 15 8 6 5 4 4 3
Depreciation 2 2 5 11 17 3 3 11 12 16 26 30 33
Profit before tax 7 33 31 84 -387 33 142 131 141 122 222 220 190
Tax % 28% 22% 18% 41% 2% 2% -4% 7% 25% 25% 24% 25%
5 26 25 50 -395 32 147 122 105 92 168 166 139
EPS in Rs 2.65 12.27 10.25 19.48 -148.94 12.14 53.52 43.67 37.60 32.70 59.92 60.66 50.78
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 7% 8% 9% 5%
Compounded Sales Growth
10 Years: 21%
5 Years: 17%
3 Years: 27%
TTM: 8%
Compounded Profit Growth
10 Years: 21%
5 Years: 2%
3 Years: 16%
TTM: -18%
Stock Price CAGR
10 Years: 12%
5 Years: 35%
3 Years: 33%
1 Year: 33%
Return on Equity
10 Years: %
5 Years: 31%
3 Years: 27%
Last Year: 25%

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 Sep 2024
Equity Capital 19 21 25 26 27 27 28 28 28 28 27 27 27
Reserves 37 92 244 334 -67 -20 123 239 344 432 562 711 783
20 26 43 127 144 131 74 121 46 80 56 57 27
23 47 72 149 125 100 83 91 114 158 201 211 212
Total Liabilities 99 185 384 636 228 238 308 480 532 698 846 1,006 1,050
32 69 71 141 64 62 68 102 93 113 135 121 119
CWIP 10 10 55 64 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 49 80 120 177 250 235
57 106 258 430 164 176 239 329 358 465 533 635 696
Total Assets 99 185 384 636 228 238 308 480 532 698 846 1,006 1,050

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
-1 24 -28 115 -48 35 127 87 145 38 157 129
-14 -53 -51 -197 -6 -5 -6 -137 -47 -50 -53 -34
16 33 108 52 53 -29 -135 -13 -14 -20 -69 -40
Net Cash Flow 1 4 28 -30 -1 1 -14 -63 84 -31 35 56

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 97 90 130 108 61 60 55 69 64 67 57 64
Inventory Days
Days Payable
Cash Conversion Cycle 97 90 130 108 61 60 55 69 64 67 57 64
Working Capital Days 66 51 131 80 8 29 44 63 48 53 48 54
ROCE % 11% 32% 15% 23% -13% 41% 86% 45% 36% 26% 38% 31%

Shareholding Pattern

Numbers in percentages

5 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
37.46% 33.90% 35.25% 36.81% 36.81% 34.61% 34.59% 33.46% 32.77% 32.77% 32.77% 22.68%
0.47% 0.75% 0.74% 0.79% 1.59% 5.13% 6.22% 6.32% 6.04% 6.06% 5.73% 4.64%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.17% 0.07% 0.09% 2.12% 6.97%
62.07% 65.35% 64.01% 62.39% 61.61% 60.25% 59.18% 60.04% 61.11% 61.08% 59.37% 65.71%
No. of Shareholders 14,41315,11415,03112,73713,27914,45117,06519,03321,30223,33922,31820,602

* 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.

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Documents

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