DRC Systems India Ltd

DRC Systems Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

DRC Systems India Ltd

₹ 28.6 -2.85%
06 Jan - close price
drcsystems.com BSE: 543268 NSE: DRCSYSTEMS
About

Incorporated in 2012, DRC Systems
India Ltd is an IT services and Consultancy company[1]

Key Points

Business Overview:[1]
DRCSIL is a member of the Electronics & Computer Software Export Promotion Council. It is appraised at CMMI Maturity Level 3 and is an Adobe Solutions Partner Bronze company that is certified by Adobe to provide integration, implementation, and consulting services for the Adobe suite of products.

Company provides software development
and offers a complete range of IT and IT-enabled solutions which include mobile
app development, website development,
AI and automation, enterprise solutions,
cloud-based services, digital marketing services, etc.

Website BSE NSE
  • Market Cap ₹ 380 Cr.
  • Current Price ₹ 28.6
  • High / Low ₹ 35.1 / 14.3
  • Stock P/E 178
  • Book Value ₹ 2.91
  • Dividend Yield 0.00 %
  • ROCE 9.16 %
  • ROE 6.94 %
  • Face Value ₹ 1.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter

Cons

  • Stock is trading at 9.83 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 22.4%
  • Company has a low return on equity of 12.2% over last 3 years.
  • Promoter holding has decreased over last 3 years: -6.11%

* 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

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
5.35 4.29 4.65 4.47 5.32 6.03 6.01 6.42 9.03 7.88 12.55 10.05 10.10
4.70 3.72 4.03 3.08 3.58 3.61 8.33 4.84 6.97 7.18 11.45 8.22 8.48
Operating Profit 0.65 0.57 0.62 1.39 1.74 2.42 -2.32 1.58 2.06 0.70 1.10 1.83 1.62
OPM % 12.15% 13.29% 13.33% 31.10% 32.71% 40.13% -38.60% 24.61% 22.81% 8.88% 8.76% 18.21% 16.04%
0.00 0.01 0.17 0.15 -0.04 0.12 4.00 0.01 0.01 0.05 0.04 0.01 0.05
Interest 0.01 0.03 0.03 0.27 0.25 0.09 0.01 0.01 0.02 0.02 0.02 0.01 0.01
Depreciation 0.41 0.23 0.27 0.25 0.26 0.27 0.41 0.41 0.61 0.70 0.72 0.70 0.50
Profit before tax 0.23 0.32 0.49 1.02 1.19 2.18 1.26 1.17 1.44 0.03 0.40 1.13 1.16
Tax % 34.78% 78.12% 26.53% 31.37% 29.41% 26.15% 17.46% 25.64% 25.69% -233.33% 27.50% 23.89% 23.28%
0.15 0.07 0.36 0.70 0.84 1.62 1.05 0.87 1.08 0.10 0.29 0.85 0.89
EPS in Rs 0.01 0.01 0.03 0.06 0.07 0.12 0.08 0.07 0.08 0.01 0.02 0.06 0.07
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
6.62 9.59 10.87 20.59 19.50 21.82 35.88 40.58
6.13 9.28 11.20 19.05 17.22 18.57 30.40 35.33
Operating Profit 0.49 0.31 -0.33 1.54 2.28 3.25 5.48 5.25
OPM % 7.40% 3.23% -3.04% 7.48% 11.69% 14.89% 15.27% 12.94%
0.10 0.09 0.76 0.12 0.33 4.23 0.10 0.15
Interest 0.00 0.01 0.11 0.06 0.08 0.63 0.09 0.06
Depreciation 0.27 0.28 0.26 2.21 1.32 1.18 2.43 2.62
Profit before tax 0.32 0.11 0.06 -0.61 1.21 5.67 3.06 2.72
Tax % 25.00% 27.27% 83.33% -21.31% 41.32% 25.75% 23.20%
0.24 0.09 0.01 -0.48 0.70 4.20 2.34 2.13
EPS in Rs -0.04 0.06 0.32 0.18 0.16
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 20%
TTM: 48%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 90%
TTM: -54%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 28%
1 Year: 94%
Return on Equity
10 Years: %
5 Years: %
3 Years: 12%
Last Year: 7%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 1.35 1.35 2.25 3.87 3.87 4.39 13.25 13.25
Reserves 0.76 0.66 0.15 1.84 2.92 27.32 22.49 25.36
0.00 0.00 0.00 0.00 15.15 0.60 0.75 0.13
0.83 31.38 2.78 8.72 3.01 4.14 6.09 7.70
Total Liabilities 2.94 33.39 5.18 14.43 24.95 36.45 42.58 46.44
0.59 0.83 0.31 3.21 2.70 4.63 8.17 6.91
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 1.20 0.00 0.00 0.00 14.40 20.00 21.01 21.01
1.15 32.56 4.87 11.22 7.85 11.82 13.40 18.52
Total Assets 2.94 33.39 5.18 14.43 24.95 36.45 42.58 46.44

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.77 -0.81 -0.27 0.83 -1.07 1.91 6.16
-0.82 0.76 0.01 0.40 -15.21 -4.52 -6.63
0.00 0.00 0.00 -0.05 15.08 4.17 -0.16
Net Cash Flow -0.05 -0.04 -0.26 1.18 -1.20 1.56 -0.62

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 34.18 66.99 122.56 143.94 111.93 71.09 86.37
Inventory Days
Days Payable
Cash Conversion Cycle 34.18 66.99 122.56 143.94 111.93 71.09 86.37
Working Capital Days -3.86 1,181.78 57.08 9.40 88.54 98.53 69.68
ROCE % 5.83% -13.56% 9.33% 23.23% 9.16%

Shareholding Pattern

Numbers in percentages

5 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
25.63% 25.63% 25.63% 25.63% 22.57% 22.57% 22.57% 22.57% 22.44% 22.44% 22.44% 22.44%
1.52% 1.40% 1.40% 1.39% 1.06% 1.06% 1.05% 1.02% 0.68% 0.67% 0.38% 0.41%
72.85% 72.97% 72.97% 72.97% 76.38% 76.38% 76.38% 76.41% 76.88% 76.88% 77.18% 77.15%
No. of Shareholders 6,6346,4156,3936,5266,5086,6766,8617,35910,94917,66925,82526,404

* 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.

Documents

Announcements

Annual reports

Concalls

  • May 2021
    Transcript
    Notes
    PPT