Systango Technologies Ltd
Incorporated in 2007, Systango
Technologies Ltd deals in supplying
Software and Development Services[1]
- Market Cap ₹ 371 Cr.
- Current Price ₹ 253
- High / Low ₹ 408 / 200
- Stock P/E 20.1
- Book Value ₹ 60.2
- Dividend Yield 0.00 %
- ROCE 28.4 %
- ROE 22.8 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 29.5%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 39.0 to 69.3 days.
- Working capital days have increased from 31.4 days to 70.9 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.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|
| 14 | 23 | 33 | 52 | 57 | 58 | |
| 11 | 16 | 25 | 36 | 39 | 40 | |
| Operating Profit | 3 | 7 | 8 | 16 | 17 | 18 |
| OPM % | 22% | 29% | 23% | 30% | 31% | 31% |
| 0 | 1 | 1 | 1 | 4 | 6 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 | 1 | 1 |
| Profit before tax | 3 | 7 | 8 | 17 | 21 | 23 |
| Tax % | 14% | 16% | 16% | 16% | 20% | |
| 3 | 6 | 7 | 14 | 17 | 18 | |
| EPS in Rs | 45.82 | 2.10 | 2.53 | 9.54 | 11.53 | 12.60 |
| Dividend Payout % | 109% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 35% |
| TTM: | 3% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 42% |
| TTM: | 4% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -3% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 30% |
| Last Year: | 23% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.55 | 3 | 3 | 15 | 15 | 15 |
| Reserves | 4 | 8 | 15 | 47 | 64 | 74 |
| 0 | 0 | 0 | 1 | 0 | 0 | |
| 3 | 5 | 5 | 7 | 8 | 9 | |
| Total Liabilities | 7 | 15 | 22 | 69 | 86 | 98 |
| 1 | 1 | 2 | 3 | 4 | 5 | |
| CWIP | 0 | 0 | 0 | 1 | 1 | 0 |
| Investments | 4 | 10 | 11 | 15 | 57 | 62 |
| 2 | 4 | 9 | 50 | 24 | 31 | |
| Total Assets | 7 | 15 | 22 | 69 | 86 | 98 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 4 | 7 | 3 | 5 | 9 | |
| -3 | -6 | -1 | -7 | -40 | |
| -1 | -0 | 1 | 32 | -0 | |
| Net Cash Flow | 0 | 1 | 3 | 30 | -31 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 0 | 0 | 3 | 45 | 69 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 0 | 0 | 3 | 45 | 69 |
| Working Capital Days | -50 | -53 | -21 | 44 | 71 |
| ROCE % | 90% | 56% | 41% | 28% |
Documents
Announcements
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Updates
12 December 2024 - Systango Technologies Limited has informed regarding 'Vinita Rathi, Founder and Chief Executive Officer of Systango got recognised with theprestigious Tech Innovator Award at the 2024 …
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Updates
9 December 2024 - Systango Technologies Limited has informed regarding 'Onboarding of UK s leading training provider for the energy and wider safety sectors with Turnover Exceeding #60m'.
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Updates
2 December 2024 - Systango Technologies Limited has informed regarding 'Onboarding of a New UK Customer, an highest rated, ready-to-eat meal deliverysubscription platform'.
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Updates
25 November 2024 - Systango Technologies Limited has informed regarding 'New UK Customer Onboarding in Public Services with Turnover Exceeding #50m'.
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Statement of deviation(s) or variation(s) under Reg. 32
14 November 2024 - Systango Technologies Limited has informed about statement of deviation(s) or variation(s) under Reg. 32
Annual reports
Concalls
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Jul 2024TranscriptNotesPPT
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Nov 2023Transcript PPT REC
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Nov 2023Transcript PPT
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Jul 2023Transcript PPT
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