Systango Technologies Ltd

Systango Technologies Ltd

₹ 206 0.34%
22 Nov - 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 302 Cr.
  • Current Price 206
  • High / Low 408 / 202
  • Stock P/E 16.4
  • 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.

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Half Yearly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2022 Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
16 22 30 27 30 29
13 16 20 19 20 20
Operating Profit 3 6 9 8 9 8
OPM % 19% 29% 32% 30% 32% 30%
1 -1 2 2 2 3
Interest 0 0 0 0 0 0
Depreciation 1 0 0 0 0 0
Profit before tax 3 5 12 9 12 11
Tax % 0% 15% 16% 14% 24% 16%
3 4 10 8 9 10
EPS in Rs 1.29 16.15 6.56 5.55 5.99 6.61
Raw PDF

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: -13%
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%

Shareholding Pattern

Numbers in percentages

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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