Polaris Consulting & Services Ltd

Polaris Consulting & Services Ltd

₹ 3.80 -99.20%
19 May 2022
About

Polaris Consulting & Services (Polaris) is one of the leading Digital Transformation companies in the world with particular emphasis on the Financial Services industry.

  • Market Cap 39.2 Cr.
  • Current Price 3.80
  • High / Low /
  • Stock P/E 0.25
  • Book Value 106
  • Dividend Yield 0.00 %
  • ROCE 24.3 %
  • ROE 15.5 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Stock is trading at 0.04 times its book value
  • Market value of investments Rs.92.6 Cr. is more than the Market Cap Rs.39.2 Cr.
  • Debtor days have improved from 44.4 to 33.6 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 0.05% over past five years.
  • Contingent liabilities of Rs.172 Cr.

* 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

Mar 2015 Jun 2015 Sep 2015 Dec 2015 Mar 2016 Jun 2016 Sep 2016 Dec 2016 Mar 2017 Jun 2017 Sep 2017 Dec 2017 Mar 2018
429 455 482 392 362 368 368 374 401 390 476 467 485
388 393 428 340 355 324 327 330 377 360 391 403 399
Operating Profit 41 62 54 52 7 44 41 44 24 30 85 64 86
OPM % 9% 14% 11% 13% 2% 12% 11% 12% 6% 8% 18% 14% 18%
11 4 2 -8 6 4 8 10 5 3 5 4 24
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 6 6 6 6 6 6 6 6 5 5 6 7 6
Profit before tax 46 60 50 39 7 43 43 47 25 27 85 60 104
Tax % 30% 34% 38% 52% 431% 37% 35% 36% 45% 38% 35% 40% 30%
32 39 31 18 -22 27 28 30 14 17 55 36 73
EPS in Rs 3.19 3.94 3.05 1.84 -2.19 2.65 2.80 2.98 1.35 1.66 5.37 3.54 7.06
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
938 1,171 1,143 1,385 1,762 1,854 2,005 1,678 1,576 1,511 1,817 2,010
854 1,032 985 1,206 1,539 1,655 1,854 1,501 1,411 1,363 1,572 1,773
Operating Profit 84 139 159 179 223 199 151 177 165 148 246 237
OPM % 9% 12% 14% 13% 13% 11% 8% 11% 10% 10% 14% 12%
20 31 17 64 55 54 9 34 15 32 54 48
Interest 1 1 0 0 2 2 2 0 0 0 0 0
Depreciation 39 43 25 26 39 46 48 26 25 22 24 29
Profit before tax 64 126 150 216 236 204 110 184 155 158 276 255
Tax % 18% 12% 13% 13% 20% 18% 24% 29% 57% 37% 35% 36%
53 111 131 187 189 167 84 131 66 99 181 162
EPS in Rs 5.33 11.27 13.20 18.85 18.96 16.79 8.43 13.08 6.54 9.73 17.57 15.76
Dividend Payout % 28% 24% 27% 24% 26% 30% 74% 115% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 6%
5 Years: 0%
3 Years: 8%
TTM: 11%
Compounded Profit Growth
10 Years: 4%
5 Years: 10%
3 Years: 28%
TTM: -4%
Stock Price CAGR
10 Years: -32%
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: 15%
5 Years: 15%
3 Years: 16%
Last Year: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Equity Capital 49 49 49 50 50 50 50 50 51 51 51 52
Reserves 552 645 731 868 979 1,038 1,126 543 586 709 879 1,045
1 0 0 0 102 109 0 0 0 0 0 0
143 212 237 294 313 476 485 484 358 291 287 309
Total Liabilities 745 907 1,017 1,211 1,444 1,673 1,660 1,077 994 1,051 1,218 1,406
179 163 172 184 300 308 296 204 158 197 214 235
CWIP 5 14 12 50 36 42 35 0 0 3 2 0
Investments 169 322 518 529 380 501 553 156 258 173 50 120
392 408 314 448 727 822 777 717 579 679 952 1,051
Total Assets 745 907 1,017 1,211 1,444 1,673 1,660 1,077 994 1,051 1,218 1,406

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
76 212 240 105 -8 113 323 41 170 78 93 167
-89 -172 -192 -74 -11 -116 -91 8 -10 38 106 -175
-12 -35 -33 -18 32 -36 -167 -75 -149 8 12 4
Net Cash Flow -25 6 16 13 13 -39 65 -25 11 123 211 -4

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2008 Mar 2009 Mar 2010 Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Debtor Days 67 57 36 38 57 64 41 55 45 55 44 34
Inventory Days
Days Payable
Cash Conversion Cycle 67 57 36 38 57 64 41 55 45 55 44 34
Working Capital Days 85 50 8 6 52 43 6 13 20 33 39 43
ROCE % 11% 20% 20% 24% 21% 16% 11% 21% 28% 21% 30% 24%

Shareholding Pattern

Numbers in percentages

Jun 2016Sep 2016Dec 2016Mar 2017Jun 2017Sep 2017Dec 2017Mar 2018Jun 2018
78.65% 78.61% 74.89% 74.50% 74.44% 74.42% 74.22% 92.64% 92.54%
8.62% 8.40% 8.71% 7.60% 6.79% 6.58% 4.86% 0.29% 0.26%
1.69% 1.84% 2.39% 2.86% 4.13% 4.48% 5.33% 0.86% 0.87%
10.93% 11.05% 13.91% 14.94% 14.55% 14.43% 15.50% 6.20% 6.32%
0.11% 0.10% 0.10% 0.10% 0.10% 0.10% 0.08% 0.01% 0.01%
No. of Shareholders 41,92941,53642,99241,98640,98539,89138,53124,05622,985

* 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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