Diensten Tech Ltd
Diensten Tech is engaged in The main objectives of the Company is to render as principals, consulting services including service related to hiring, recruitment and deputation of technical and other personnel (including labour-skilled, semi-skilled or unskilled) for deployment in India or Abroad in various fields of technologies and provide Business solution and consultation in the field of Computer Science, Project Planning and other related areas to its clients in India and Abroad|.
- Market Cap ₹ 131 Cr.
- Current Price ₹ 158
- High / Low ₹ 265 / 133
- Stock P/E
- Book Value ₹ 23.5
- Dividend Yield 0.00 %
- ROCE -12.0 %
- ROE -77.0 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 157 to 116 days.
Cons
- Stock is trading at 6.73 times its book value
- Company has low interest coverage ratio.
- Company has a low return on equity of -36.3% over last 3 years.
- Company might be capitalizing the interest cost
* 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 8.15 | 5.23 | 0.72 | 37.53 | 40.97 | 57.84 | |
| 6.11 | 3.22 | 0.53 | 36.03 | 42.42 | 57.57 | |
| Operating Profit | 2.04 | 2.01 | 0.19 | 1.50 | -1.45 | 0.27 |
| OPM % | 25.03% | 38.43% | 26.39% | 4.00% | -3.54% | 0.47% |
| 0.12 | 0.02 | 0.04 | 0.08 | 0.13 | 0.40 | |
| Interest | 0.89 | 0.39 | 0.17 | 0.19 | 1.18 | 2.45 |
| Depreciation | 0.01 | 0.00 | 0.00 | 1.17 | 0.88 | 1.12 |
| Profit before tax | 1.26 | 1.64 | 0.06 | 0.22 | -3.38 | -2.90 |
| Tax % | 20.63% | 28.05% | 83.33% | 31.82% | -29.88% | |
| 1.01 | 1.17 | 0.01 | 0.16 | -2.37 | -2.01 | |
| EPS in Rs | 11.74 | 13.60 | 0.12 | 0.26 | -3.92 | -2.73 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 38% |
| 3 Years: | 99% |
| TTM: | 94% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -28% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -36% |
| Last Year: | -77% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.86 | 0.86 | 3.36 | 6.05 | 6.05 | 8.26 |
| Reserves | -4.10 | -1.98 | -1.96 | -1.80 | -4.17 | 11.17 |
| 5.03 | 3.44 | 0.00 | 2.80 | 27.69 | 29.91 | |
| 2.33 | 1.38 | 0.64 | 8.00 | 9.16 | 6.73 | |
| Total Liabilities | 4.12 | 3.70 | 2.04 | 15.05 | 38.73 | 56.07 |
| 0.05 | 0.00 | 0.00 | 4.75 | 16.49 | 19.18 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.19 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 4.07 | 3.70 | 2.04 | 10.30 | 22.05 | 36.89 | |
| Total Assets | 4.12 | 3.70 | 2.04 | 15.05 | 38.73 | 56.07 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 3.40 | 1.72 | 0.39 | -2.66 | -6.95 | |
| -0.01 | -0.01 | 0.14 | -2.10 | -16.82 | |
| -4.15 | -1.00 | -1.10 | 5.15 | 23.54 | |
| Net Cash Flow | -0.76 | 0.71 | -0.57 | 0.39 | -0.22 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 59.12 | 67.00 | 304.17 | 51.93 | 115.55 |
| Inventory Days | 0.00 | ||||
| Days Payable | |||||
| Cash Conversion Cycle | 59.12 | 67.00 | 304.17 | 51.93 | 115.55 |
| Working Capital Days | 29.11 | 51.64 | 101.39 | 21.49 | 52.56 |
| ROCE % | 12.37% | 9.70% | -11.96% |
Documents
Announcements
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Updates
13 November 2024 - Diensten Tech Limited has informed regarding 'Approval of Diensten Tech Limited-Employee Stock Option Plan 2024'.
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Outcome of Board Meeting
13 November 2024 - Diensten Tech Limited has informed regarding Board meeting held on November 13, 2024.
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Financial Result Updates
13 November 2024 - Diensten Tech Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Board Meeting Intimation
7 November 2024 - DIENSTEN TECH LIMITED has informed about Board Meeting to be held on 13-Nov-2024 to consider and approve the Half Yearly Audited Financial results of the …
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Board Meeting Intimation
5 November 2024 - DIENSTEN TECH LIMITED has informed about Board Meeting to be held on 11-Nov-2024 to consider and approve the Half Yearly Unaudited Financial results of the …
Business Profile[1] Diensten Tech Limited, formerly known as JKT Consulting Limited, provides information technology (IT) professional resourcing, IT consulting, IT training, and software AMC services.