Ksolves India Ltd
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.
- Market Cap ₹ 1,085 Cr.
- Current Price ₹ 916
- High / Low ₹ 1,468 / 900
- Stock P/E 29.6
- Book Value ₹ 27.4
- Dividend Yield 2.13 %
- 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 33.4 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.
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 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: | 32% |
1 Year: | -33% |
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% |
Documents
Announcements
-
Board Meeting Intimation for Unaudited Financial Results For The Third Quarter And Nine Months Ended December 31, 2024
3 Jan - Board meeting scheduled to approve Q3 financial results.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
31 Dec - Dear Sir/Madam Please find attached. Thanks and Regards, Manisha Kide Company Secretary and Compliance Officer
-
Closure of Trading Window
31 Dec - Closure of trading window from January 1, 2025.
- Shareholder Meeting / Postal Ballot-Notice of Postal Ballot 24 Dec
-
Board Meeting Outcome for Intimation Of Split Of Shares Of The Company Subject To The Approval Of Shareholders Through Upcoming Postal Ballot.
20 Dec - Board approved split of equity shares 1:2.
Annual reports
Concalls
-
Oct 2024Transcript PPT
-
Jul 2024Transcript PPT
-
Jul 2024TranscriptNotesPPT
-
Jul 2024TranscriptNotesPPT
-
May 2024Transcript PPT
-
Mar 2024TranscriptPPT
-
Feb 2024TranscriptNotesPPT
-
Feb 2024TranscriptNotesPPT
-
Nov 2023TranscriptNotesPPT
-
Aug 2023TranscriptNotesPPT
-
May 2023TranscriptNotesPPT
-
Jan 2023TranscriptNotesPPT
-
Dec 2022TranscriptNotesPPT
-
Mar 2022TranscriptNotesPPT
-
Jul 2021TranscriptNotesPPT
-
Nov 2020TranscriptNotesPPT
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]