DRC Systems India Ltd
Incorporated in 2012, DRC Systems
India Ltd is an IT services and Consultancy company[1]
- Market Cap ₹ 366 Cr.
- Current Price ₹ 27.8
- High / Low ₹ 33.7 / 11.7
- Stock P/E 31.4
- Book Value ₹ 3.61
- Dividend Yield 0.00 %
- ROCE 30.3 %
- ROE 28.4 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Stock is trading at 7.69 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 22.4%
- Tax rate seems low
- Company has high debtors of 151 days.
- 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|
20 | 26 | 48 | |
17 | 20 | 33 | |
Operating Profit | 2 | 6 | 15 |
OPM % | 12% | 23% | 31% |
0 | 4 | 0 | |
Interest | 0 | 1 | 0 |
Depreciation | 1 | 1 | 3 |
Profit before tax | 1 | 8 | 12 |
Tax % | 41% | 18% | 6% |
1 | 7 | 12 | |
EPS in Rs | 0.06 | 0.51 | 0.88 |
Dividend Payout % | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 86% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 74% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 43% |
1 Year: | 117% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 28% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|
Equity Capital | 4 | 4 | 13 |
Reserves | 3 | 30 | 35 |
15 | -0 | -0 | |
3 | 5 | 31 | |
Total Liabilities | 25 | 39 | 79 |
3 | 5 | 28 | |
CWIP | -0 | -0 | -0 |
Investments | 14 | 20 | 21 |
8 | 14 | 30 | |
Total Assets | 25 | 39 | 79 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|
-1 | 3 | 28 | |
-15 | -5 | -26 | |
15 | 4 | -0 | |
Net Cash Flow | -1 | 2 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|
Debtor Days | 112 | 82 | 151 |
Inventory Days | |||
Days Payable | |||
Cash Conversion Cycle | 112 | 82 | 151 |
Working Capital Days | 89 | 110 | -25 |
ROCE % | 31% |
Documents
Announcements
- Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results For The Quarter Ended June 30, 2024 And To Consider Other Business Items, If Any 2m
- Closure of Trading Window 26 Jun
-
Announcement under Regulation 30 (LODR)-Press Release / Media Release
22 May - Press Release titled "DRC Systems India Limited secures INR 2.26 Crore work order from National Skill Development Corporation for Skill India Digital Platform" issued by …
- Board Meeting Outcome for Outcome Of Board Meeting 21 May
- Audited Financial Results For The Quarter And Year Ended March 31, 2024 21 May
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.