DRC Systems India Ltd
Incorporated in 2012, DRC Systems
India Ltd is an IT services and Consultancy company[1]
- Market Cap ₹ 351 Cr.
- Current Price ₹ 26.4
- High / Low ₹ 33.7 / 12.3
- Stock P/E 151
- Book Value ₹ 2.70
- Dividend Yield 0.00 %
- ROCE 9.16 %
- ROE 6.94 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Stock is trading at 9.78 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | 39.51 | |
6.13 | 9.28 | 11.20 | 19.05 | 17.22 | 18.57 | 30.40 | 33.82 | |
Operating Profit | 0.49 | 0.31 | -0.33 | 1.54 | 2.28 | 3.25 | 5.48 | 5.69 |
OPM % | 7.40% | 3.23% | -3.04% | 7.48% | 11.69% | 14.89% | 15.27% | 14.40% |
0.10 | 0.09 | 0.76 | 0.12 | 0.33 | 4.23 | 0.10 | 0.11 | |
Interest | 0.00 | 0.01 | 0.11 | 0.06 | 0.08 | 0.63 | 0.09 | 0.07 |
Depreciation | 0.27 | 0.28 | 0.26 | 2.21 | 1.32 | 1.18 | 2.43 | 2.73 |
Profit before tax | 0.32 | 0.11 | 0.06 | -0.61 | 1.21 | 5.67 | 3.06 | 3.00 |
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 | 2.32 | |
EPS in Rs | -0.04 | 0.06 | 0.32 | 0.18 | 0.17 | |||
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: | 66% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 90% |
TTM: | -47% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 40% |
1 Year: | 97% |
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 | |
---|---|---|---|---|---|---|---|
Equity Capital | 1.35 | 1.35 | 2.25 | 3.87 | 3.87 | 4.39 | 13.25 |
Reserves | 0.76 | 0.66 | 0.15 | 1.84 | 2.92 | 27.32 | 22.49 |
0.00 | 0.00 | 0.00 | 0.00 | 15.15 | 0.60 | 0.75 | |
0.83 | 31.38 | 2.78 | 8.72 | 3.01 | 4.14 | 6.09 | |
Total Liabilities | 2.94 | 33.39 | 5.18 | 14.43 | 24.95 | 36.45 | 42.58 |
0.59 | 0.83 | 0.31 | 3.21 | 2.70 | 4.63 | 8.17 | |
CWIP | 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 |
1.15 | 32.56 | 4.87 | 11.22 | 7.85 | 11.82 | 13.40 | |
Total Assets | 2.94 | 33.39 | 5.18 | 14.43 | 24.95 | 36.45 | 42.58 |
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% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
23 Aug - Newspaper Advertisements - Notice of 12th Annual General Meeting, E-voting information and Book Closure dates.
- Reg. 34 (1) Annual Report. 22 Aug
- Notice Of 12Th Annual General Meeting To Be Held On Tuesday, September 17, 2024 22 Aug
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Aug - Newspaper Advertisement - 12th Annual General Meeting through Video Conferencing / Other Audio-Visual Means Facility.
- Corporate Action - Book Closure 8 Aug
Annual reports
Concalls
-
May 2021TranscriptNotesPPT
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.