Sasken Technologies Ltd
Established in 1989, Sasken is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor, Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, and Transportation industries, etc.
Located in India, the company has presence all over the world
- Market Cap ₹ 3,200 Cr.
- Current Price ₹ 2,118
- High / Low ₹ 2,238 / 1,131
- Stock P/E 50.6
- Book Value ₹ 520
- Dividend Yield 1.18 %
- ROCE 12.7 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 37.5%
Cons
- The company has delivered a poor sales growth of -4.20% over past five years.
- Earnings include an other income of Rs.79.1 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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
363 | 354 | 347 | 402 | 390 | 421 | 415 | 417 | 392 | 386 | 351 | 335 | 380 | |
333 | 319 | 324 | 371 | 355 | 369 | 346 | 330 | 270 | 269 | 296 | 314 | 371 | |
Operating Profit | 30 | 35 | 23 | 31 | 35 | 52 | 68 | 87 | 122 | 117 | 55 | 20 | 9 |
OPM % | 8% | 10% | 7% | 8% | 9% | 12% | 16% | 21% | 31% | 30% | 16% | 6% | 2% |
22 | 49 | 242 | 265 | 58 | 49 | 53 | 39 | 13 | 45 | 65 | 84 | 79 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 1 |
Depreciation | 12 | 10 | 10 | 6 | 6 | 6 | 6 | 10 | 9 | 6 | 6 | 6 | 8 |
Profit before tax | 41 | 74 | 254 | 290 | 87 | 95 | 115 | 116 | 126 | 156 | 114 | 98 | 79 |
Tax % | 11% | 22% | 37% | 28% | 11% | 13% | 18% | 29% | 27% | 18% | 14% | 14% | |
36 | 58 | 159 | 209 | 78 | 83 | 94 | 82 | 93 | 128 | 98 | 84 | 63 | |
EPS in Rs | 17.13 | 27.23 | 74.39 | 117.91 | 45.45 | 48.51 | 54.97 | 54.69 | 61.53 | 85.24 | 65.21 | 55.82 | 41.97 |
Dividend Payout % | 41% | 118% | 36% | 27% | 15% | 21% | 23% | 101% | 41% | 29% | 38% | 45% |
Compounded Sales Growth | |
---|---|
10 Years: | -1% |
5 Years: | -4% |
3 Years: | -5% |
TTM: | 11% |
Compounded Profit Growth | |
---|---|
10 Years: | 2% |
5 Years: | -3% |
3 Years: | -8% |
TTM: | -41% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 27% |
3 Years: | 21% |
1 Year: | 77% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 15% |
3 Years: | 15% |
Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 21 | 21 | 21 | 18 | 17 | 17 | 17 | 15 | 15 | 15 | 15 | 15 | 15 |
Reserves | 349 | 331 | 425 | 481 | 544 | 600 | 685 | 464 | 554 | 642 | 703 | 757 | 770 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 0 | 0 | 3 | 3 | 23 | |
67 | 77 | 98 | 129 | 91 | 95 | 81 | 128 | 91 | 107 | 88 | 108 | 112 | |
Total Liabilities | 436 | 430 | 545 | 628 | 652 | 712 | 783 | 611 | 659 | 763 | 810 | 884 | 921 |
54 | 49 | 41 | 39 | 37 | 35 | 37 | 42 | 33 | 32 | 36 | 33 | 55 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 185 | 163 | 223 | 387 | 407 | 487 | 534 | 358 | 433 | 559 | 602 | 685 | 655 |
197 | 218 | 280 | 202 | 208 | 190 | 211 | 211 | 193 | 172 | 172 | 166 | 211 | |
Total Assets | 436 | 430 | 545 | 628 | 652 | 712 | 783 | 611 | 659 | 763 | 810 | 884 | 921 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
36 | 22 | 182 | 246 | 8 | 57 | 19 | 107 | 97 | 102 | 31 | 44 | |
51 | 46 | -118 | -78 | 26 | -37 | -12 | 184 | -84 | -56 | 2 | -0 | |
-83 | -70 | -65 | -171 | -31 | -18 | -18 | -284 | -17 | -41 | -38 | -39 | |
Net Cash Flow | 3 | -1 | -1 | -3 | 3 | 2 | -10 | 7 | -5 | 5 | -5 | 4 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 64 | 74 | 64 | 73 | 65 | 62 | 65 | 72 | 55 | 67 | 63 | 56 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 64 | 74 | 64 | 73 | 65 | 62 | 65 | 72 | 55 | 67 | 63 | 56 |
Working Capital Days | 36 | 38 | 2 | -7 | 30 | 15 | 60 | 8 | 20 | 9 | 27 | -11 |
ROCE % | 10% | 24% | 9% | 11% | 11% | 16% | 17% | 19% | 27% | 25% | 16% | 13% |
Documents
Announcements
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Board Meeting Outcome for Outcome Of Board Meeting Held Today
9 Nov - Sasken acquires 100% of Borqs Technologies for $40 million.
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Announcement under Regulation 30 (LODR)-Scheme of Arrangement
9 Nov - Sasken to acquire 100% of Borqs Technologies for $40 million.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
9 Nov - Sasken to acquire 100% of Borqs Technologies for $40 million.
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Outcome Of Board Meeting Held Today To Consider Proposal For Acquisition
9 Nov - Sasken acquires 100% of Borqs International for $40 million.
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Closure of Trading Window
2 Nov - Trading window closed until further notice.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Services Offered
The company helps its clients in digitalization, modernization and also launching of industrial products through Product Engineering. The services offered by the company are in the below mentioned verticals -
a) Semiconductor: The company offers its customers the ability to integrate third-party solutions and perform extensive testing of the final product to ensure a zero-defect launch. [1]
b) Consumer Electronics: Product offerings include Smart TV, Smart Speakers, Smart Home Appliances, and Mobile Phones. Sasken is helping customers in the Consumer Electronics industry to build next-gen devices equipped with cloud-based analytics along with low power tech such as sensors, connectivity and tracking solutions. [2]
c) Automotive: Sasken helps several leading OEMs & Tier-1s with business solutions in the IVI, Telematics, and ADAS areas. It enables Automotive OEMs and Tier-1s to address challenges like increasing complexity, time-to-market, cost pressure, rising demand for more multimedia and connectivity capabilities, active and autonomous safety. [3]
d) Enterprise Devices: The company offers hardware and software development, device and platform testing, mobility solutions and Android services. [4]
e) SatCom: One of the few companies in the world to develop and maintain end-to-end satellite phones. [5]
f) Telecom: The company has more than 30 years of expertise in telecommunications with 3GPP technology experience in 2G/3G/4G/5G. [6]
g) Transportation: Sasken has proven expertise with cloud and open API enablement for intelligent transportation platforms. Its expertise in Azure and AWS has helped it to enable 30% cost savings with cloud infrastructure usage for a European Public Transport ISV. [7]
h) Industrials: Sasken’s expertise in ‘Chip to Cognition’ technologies has enabled multiple solution accelerators, which address overall IIoT enablement needs of Industrial products and manufacturing plants. [8]