Sahana Systems Ltd
Incorporated in 2012, Sahana System
Ltd is in the business of IT services, Digital Marketing, Software Development, and trading of Computer Hardware[1]
- Market Cap ₹ 1,305 Cr.
- Current Price ₹ 1,530
- High / Low ₹ 1,818 / 515
- Stock P/E 62.2
- Book Value ₹ 97.0
- Dividend Yield 0.00 %
- ROCE 46.7 %
- ROE 47.2 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 54.0%
- Debtor days have improved from 112 to 84.3 days.
- Company's working capital requirements have reduced from 165 days to 22.7 days
Cons
- Stock is trading at 15.8 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.83%
* 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 6 | 3 | 12 | 24 | 54 | 74 | |
| 6 | 2 | 9 | 14 | 35 | 47 | |
| Operating Profit | 1 | 1 | 3 | 10 | 19 | 27 |
| OPM % | 12% | 25% | 23% | 40% | 35% | 36% |
| 0 | 0 | 0 | 0 | 0 | 0 | |
| Interest | 1 | 1 | 1 | 1 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 0 | 0 | 2 | 9 | 19 | 27 |
| Tax % | 33% | 32% | 37% | 30% | 20% | |
| 0 | 0 | 1 | 6 | 15 | 21 | |
| EPS in Rs | 3.70 | 10.53 | 17.69 | 24.63 | ||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 153% |
| TTM: | 89% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 365% |
| TTM: | 154% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 165% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 54% |
| Last Year: | 47% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 3 | 6 | 8 | 8 |
| Reserves | 0 | 0 | 1 | 5 | 45 | 75 |
| 7 | 7 | 5 | 5 | 13 | 6 | |
| 2 | 0 | 5 | 9 | 23 | 20 | |
| Total Liabilities | 8 | 8 | 14 | 24 | 89 | 110 |
| 0 | 0 | 0 | 0 | 0 | 1 | |
| CWIP | 1 | 1 | 1 | 1 | 14 | 14 |
| Investments | 0 | 0 | 0 | 0 | 15 | 27 |
| 8 | 7 | 13 | 23 | 59 | 67 | |
| Total Assets | 8 | 8 | 14 | 24 | 89 | 110 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| -5 | -0 | -2 | 1 | 25 | |
| 4 | 0 | -0 | 0 | -36 | |
| 1 | 0 | 2 | -3 | 35 | |
| Net Cash Flow | 0 | -0 | 0 | -2 | 25 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 38 | 17 | 144 | 109 | 84 |
| Inventory Days | 517 | 14,836 | 941 | ||
| Days Payable | 127 | 129 | 365 | ||
| Cash Conversion Cycle | 428 | 14,724 | 720 | 109 | 84 |
| Working Capital Days | 342 | 741 | 256 | 216 | 23 |
| ROCE % | 11% | 31% | 76% | 47% |
Documents
Announcements
-
Analysts/Institutional Investor Meet/Con. Call Updates
18 November 2024 - Sahana System Limited has informed about Link of Recording
-
Analysts/Institutional Investor Meet/Con. Call Updates
18 November 2024 - Sahana System Limited has informed about Link of Recording
-
Outcome of Board Meeting
14 November 2024 - Sahana System Limited has informed regarding Board meeting held on November 14, 2024.
-
Financial Result Updates
14 November 2024 - Sahana System Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
-
Analysts/Institutional Investor Meet/Con. Call Updates
13 November 2024 - Sahana System Limited has informed about Schedule of meet
Business Overview:[1]
SSL is a CMMI Level-5, ISO 9001, and ISO /IEC 27001 certified IT company which provides software solutions. Company also does trading
of hardware instruments related to the Franking Machines / Computers / LED / Laptops