Systango Technologies Ltd

Systango Technologies Ltd

₹ 253 -1.75%
26 Dec - close price
About

Incorporated in 2007, Systango
Technologies Ltd deals in supplying
Software and Development Services[1]

Key Points

Business Overview:[1][2]
STI is an ISO 27001 & ISO 9001 certified
digital engineering services company
with 3 offices in the USA, UK, and India. It
provides software solutions that enable companies to design, implement and
manage their own Customized Digital
Platforms including Web2, Web3 and
Mobile applications; with an emphasis on
data and analytics

  • Market Cap 371 Cr.
  • Current Price 253
  • High / Low 408 / 200
  • Stock P/E 19.7
  • Book Value 58.9
  • Dividend Yield 0.00 %
  • ROCE 27.7 %
  • ROE 22.1 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 28.2%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Debtor days have increased from 32.7 to 62.8 days.
  • Working capital days have increased from 33.0 days to 65.8 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

Standalone Figures in Rs. Crores / View Consolidated

Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
16 21 27 24 28 26
13 15 19 18 18 18
Operating Profit 3 7 8 7 10 8
OPM % 20% 32% 29% 27% 36% 30%
1 0 1 1 3 3
Interest 0 0 0 0 0 0
Depreciation 1 0 0 0 0 0
Profit before tax 3 7 8 8 13 11
Tax % 0% 16% 16% 16% 22% 16%
3 6 7 6 10 9
EPS in Rs 1.26 21.74 4.74 4.40 6.67 6.18
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
23 31 48 53 54
16 23 34 36 36
Operating Profit 6 8 15 17 18
OPM % 28% 24% 30% 32% 33%
1 1 1 4 6
Interest 0 0 0 0 0
Depreciation 0 1 0 0 0
Profit before tax 6 8 15 20 23
Tax % 16% 16% 16% 20%
5 7 13 16 19
EPS in Rs 2.00 2.52 8.75 11.07 12.85
Dividend Payout % 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 33%
TTM: 6%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 42%
TTM: 40%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -4%
Return on Equity
10 Years: %
5 Years: %
3 Years: 28%
Last Year: 22%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 3 3 15 15 15
Reserves 8 15 47 63 72
0 0 0 0 0
4 4 7 7 9
Total Liabilities 14 22 68 85 95
1 1 2 3 5
CWIP 0 0 1 1 0
Investments 11 12 18 60 64
3 9 47 21 26
Total Assets 14 22 68 85 95

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024
7 3 7 8
-6 -2 -8 -40
0 1 32 0
Net Cash Flow 1 2 30 -32

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 0 2 33 63
Inventory Days
Days Payable
Cash Conversion Cycle 0 2 33 63
Working Capital Days -51 -3 36 66
ROCE % 57% 38% 28%

Shareholding Pattern

Numbers in percentages

6 Recently
Mar 2023Sep 2023Mar 2024Sep 2024
71.96% 71.96% 71.96% 72.04%
3.32% 0.22% 0.22% 0.20%
2.66% 1.68% 1.42% 0.97%
22.07% 26.15% 26.40% 26.79%
No. of Shareholders 5519563,2103,568

* 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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