Ksolves India Ltd

Ksolves India Ltd

₹ 994 1.65%
03 Dec - close price
About

Ksolves India Ltd, incorporated in 2014, is engaged in software development, enterprise solutions, consulting & providing IT solutions to companies across sectors such as Real Estate, E-commerce, Finance, Telecom and Healthcare etc. Ksolves curate & develop the best possible software solutions. It is servicing clients across several counties with 410+ in-house technology experts.
Ksolves is a 360-degree software solution provider, known in the industry for its expertise in Big Data (Apache Kafka, Apache NiFi, Apache Spark, Apache Cassandra), Data Science (Artificial Intelligence & Machine Learning), Salesforce, DevOps, Java & Microservices, OpenShift, Penetration Testing etc.

Key Points

Services
The company provides software services such as Salesforce, Machine learning, Javascript, and Penetration Testing, and also provides development of Odoo apps, Magento apps, Salesforce apps, and other iOS/Android apps. The company’s big data division provides services such as Apache Nifi, Spark, Kafka, and Cassandra. [1]

  • Market Cap 1,180 Cr.
  • Current Price 994
  • High / Low 1,468 / 940
  • Stock P/E 32.2
  • Book Value 27.4
  • Dividend Yield 1.96 %
  • ROCE 199 %
  • ROE 147 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 192% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 131%
  • Company has been maintaining a healthy dividend payout of 54.7%

Cons

  • Stock is trading at 36.2 times its book value
  • Promoter holding has decreased over last 3 years: -3.46%

* 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.

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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
10.19 11.97 13.59 16.11 18.26 20.28 22.46 23.66 25.90 28.15 30.36 31.46 34.77
6.03 7.06 7.79 8.76 10.15 11.99 13.43 13.52 14.67 16.22 17.27 19.45 21.54
Operating Profit 4.16 4.91 5.80 7.35 8.11 8.29 9.03 10.14 11.23 11.93 13.09 12.01 13.23
OPM % 40.82% 41.02% 42.68% 45.62% 44.41% 40.88% 40.20% 42.86% 43.36% 42.38% 43.12% 38.18% 38.05%
0.08 0.40 0.05 0.11 0.06 0.03 0.42 0.07 0.08 0.12 0.07 0.10 0.11
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.09
Depreciation 0.09 0.10 0.04 0.10 0.08 0.10 0.12 0.13 0.17 0.26 0.28 0.29 0.64
Profit before tax 4.15 5.21 5.81 7.36 8.09 8.22 9.33 10.08 11.14 11.79 12.88 11.82 12.61
Tax % 25.30% 23.42% 24.96% 24.18% 26.08% 25.30% 23.04% 25.20% 25.85% 25.02% 25.70% 24.20% 26.88%
3.09 3.99 4.35 5.58 5.97 6.13 7.18 7.55 8.26 8.84 9.58 8.96 9.22
EPS in Rs 2.61 3.37 3.67 4.71 5.04 5.17 6.06 6.37 6.97 7.46 8.08 7.56 7.78
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 9m Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
0 2 2 3 5 8 24 45 77 108 125
0 2 2 3 5 7 13 26 44 61 74
Operating Profit 0 0 0 0 0 1 11 20 33 47 50
OPM % 12% 4% 4% 6% 13% 45% 43% 43% 43% 40%
0 0 0 0 0 0 0 1 1 0 0
Interest 0 0 0 0 0 0 0 0 0 1 0
Depreciation 0 0 0 0 0 0 0 0 0 1 1
Profit before tax 0 0 0 0 0 1 11 20 33 46 49
Tax % 32% 40% 40% 27% 24% 25% 24% 25% 25%
0 0 0 0 0 1 8 15 25 34 37
EPS in Rs 6.64 13.02 20.98 28.87 30.88
Dividend Payout % 0% 0% 0% 97% 0% 74% 44% 52% 68%
Compounded Sales Growth
10 Years: %
5 Years: 82%
3 Years: 65%
TTM: 35%
Compounded Profit Growth
10 Years: %
5 Years: 192%
3 Years: 63%
TTM: 26%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 47%
1 Year: -7%
Return on Equity
10 Years: %
5 Years: 130%
3 Years: 131%
Last Year: 147%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.01 0.01 0.01 0.01 0.02 0.02 1 12 12 12 12
Reserves 0 0 0 0 0 1 11 4 11 12 21
0 0 0 0 0 0 0 0 0 0 0
0 0 0 0 0 1 3 7 12 16 24
Total Liabilities 0 0 0 1 1 2 16 23 34 40 57
0 0 0 0 0 1 0 1 1 2 4
CWIP 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 1 1 1 1 1 1
0 0 0 0 0 1 15 22 33 37 52
Total Assets 0 0 0 1 1 2 16 23 34 40 57

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 0 1 4 10 20 33
0 -0 -1 -0 1 -0 -2
0 -0 0 4 -11 -18 -33
Net Cash Flow 0 -0 0 7 -1 2 -1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0 0 0 0 0 53 72 71 54
Inventory Days
Days Payable
Cash Conversion Cycle 0 0 0 0 0 53 72 71 54
Working Capital Days 0 2 -13 -14 -17 57 69 62 49
ROCE % 253% 33% 53% 114% 170% 161% 143% 171% 199%

Shareholding Pattern

Numbers in percentages

Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
62.45% 62.45% 62.45% 58.94% 58.94% 58.94% 58.94% 58.94% 58.94% 58.94% 58.94% 58.94%
0.00% 0.00% 0.00% 0.00% 0.16% 0.16% 1.75% 1.88% 1.75% 1.87% 1.55% 0.87%
0.00% 0.01% 0.07% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.08% 0.08% 0.08%
37.55% 37.53% 37.48% 41.06% 40.89% 40.91% 39.31% 39.17% 39.31% 39.11% 39.44% 40.10%
No. of Shareholders 1,5051,7781,7633,0238,78312,49823,62336,05743,57246,30248,87155,284

* 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

Concalls