Micropro Software Solutions Ltd

Micropro Software Solutions Ltd

₹ 27.0 -3.40%
25 Apr - close price
About

Incorporated in 1996, Micropro Software Solutions Ltd provides IT based solutions[1]

Key Points

Business Overview:[1]
MPSSL designs, develops, standardizes and implements major software solutions and IT projects for various industry verticals including for medium and large companies. It provides customized Software Solutions for Central State Govt, PSU’s & Corporates. The company has a client base of around 4000 customers with presence in India, USA, UAE, Africa, etc.

  • Market Cap 38.6 Cr.
  • Current Price 27.0
  • High / Low 54.0 / 18.0
  • Stock P/E 9.95
  • Book Value 32.3
  • Dividend Yield 0.00 %
  • ROCE 14.4 %
  • ROE 9.73 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.84 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has high debtors of 258 days.
  • Working capital days have increased from 173 days to 286 days

* 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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Half Yearly Results

Figures in Rs. Crores

Sep 2023 Mar 2024 Sep 2024
5.96 15.52 6.36
7.30 8.93 7.08
Operating Profit -1.34 6.59 -0.72
OPM % -22.48% 42.46% -11.32%
0.03 0.77 0.75
Interest 0.35 0.35 0.23
Depreciation 0.36 0.55 0.95
Profit before tax -2.02 6.46 -1.15
Tax % 0.50% 20.59% 9.57%
-2.02 5.13 -1.25
EPS in Rs -1.92 3.59 -0.87
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
13.88 17.44 22.06 21.48 21.88
11.58 13.27 12.91 16.19 16.01
Operating Profit 2.30 4.17 9.15 5.29 5.87
OPM % 16.57% 23.91% 41.48% 24.63% 26.83%
0.04 0.12 0.12 0.80 1.52
Interest 0.26 0.28 0.33 0.74 0.58
Depreciation 0.26 0.30 0.70 0.91 1.50
Profit before tax 1.82 3.71 8.24 4.44 5.31
Tax % 28.57% 28.30% 30.34% 29.95%
1.30 2.67 5.73 3.11 3.88
EPS in Rs 2.17 2.72
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 16%
TTM: -3%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 34%
TTM: -46%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -48%
Return on Equity
10 Years: %
5 Years: %
3 Years: 21%
Last Year: 10%

Balance Sheet

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.25 0.25 0.25 14.30 14.30
Reserves 7.64 10.31 16.22 33.16 31.90
4.38 5.93 3.98 3.92 6.39
3.20 4.00 6.04 3.89 5.84
Total Liabilities 15.47 20.49 26.49 55.27 58.43
4.32 8.99 8.37 11.71 13.49
CWIP 0.30 0.00 0.00 0.00 0.00
Investments 0.37 0.37 0.37 0.37 1.09
10.48 11.13 17.75 43.19 43.85
Total Assets 15.47 20.49 26.49 55.27 58.43

Cash Flows

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
1.94 2.83 2.01 -7.14
-0.38 -4.56 -0.02 -3.54
0.18 1.28 -2.25 31.75
Net Cash Flow 1.74 -0.46 -0.26 21.07

Ratios

Figures in Rs. Crores

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 62.06 113.85 200.87 257.61
Inventory Days 35.66 26.42 87.43 115.09
Days Payable 84.96 115.47 136.01 124.95
Cash Conversion Cycle 12.76 24.80 152.29 247.74
Working Capital Days 93.88 80.16 153.38 285.98
ROCE % 27.75% 46.40% 14.42%

Shareholding Pattern

Numbers in percentages

Nov 2023Mar 2024Sep 2024Mar 2025
46.59% 46.60% 46.60% 46.60%
0.00% 0.00% 0.00% 2.52%
53.41% 53.40% 53.40% 50.88%
No. of Shareholders 2,0481,6561,6291,490

* 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.

Click on the line-items to see the names of individual entities.

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