Polaris Consulting & Services Ltd
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.
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 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% |
Documents
Announcements
-
Exit Letter Of Offer
26 Jul 2018 - Exit Letter of Offer - Updates on the Delisting Offer made by Virtusa Consulting Services Private Limited ('Acquirer') of Polaris Consulting & Services Limited (the …
- SEBI Settlement Order Dated 29Th June 2018 29 Jun 2018
- Announcement under Regulation 30 (LODR)-Newspaper Publication 26 Jun 2018
- Intimation Of Q1 Board Meeting And Closure Of Trading Window 25 Jun 2018
- Announcement under Regulation 30 (LODR)-Allotment of ESOP / ESPS 20 Jun 2018