Objectone Information Systems Ltd

Objectone Information Systems Ltd

₹ 19.5 1.19%
26 Apr - close price
About

Incorporated in 1997, Object One Information Systems Ltd is a provider of on-demand enterprise resource planning and customer relationship management application software
for growing and medium-sized businesses.

Key Points

Business Overview:[1][2][3]
Company offers I.T. Products and solutions to its global customers across verticals like Banking, Insurance, Professional Services, Media, Telecommunications, Healthcare, etc. Web applications and IT enabled services are its main focus areas along with expertise in web applications, portal development, Content management System, Search Engine optimization, Social Media Optimization, Mobile app development, etc. Company is operating in internet space mostly on Youtube and generates advertisement revenue. Company has built in house content which is exclusive and unique to company and includes short comedy clips and animated content. Along with this, company is creating alternative content in health, lifestyle, Fashion and Spiritual domains.

  • Market Cap 20.5 Cr.
  • Current Price 19.5
  • High / Low 27.2 / 12.3
  • Stock P/E 9.87
  • Book Value 16.5
  • Dividend Yield 0.00 %
  • ROCE 15.7 %
  • ROE 12.7 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 1.18 times its book value
  • Company is expected to give good quarter
  • Company's working capital requirements have reduced from 39.9 days to 25.2 days

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 16.9%
  • Company has a low return on equity of 8.20% over last 3 years.

* 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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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
5.95 4.32 7.22 9.54 7.49 7.05 8.70 11.36 9.96 18.97 14.71 17.23 9.20
6.09 4.46 6.97 8.75 7.48 6.70 8.21 11.07 9.05 17.69 14.15 16.81 8.35
Operating Profit -0.14 -0.14 0.25 0.79 0.01 0.35 0.49 0.29 0.91 1.28 0.56 0.42 0.85
OPM % -2.35% -3.24% 3.46% 8.28% 0.13% 4.96% 5.63% 2.55% 9.14% 6.75% 3.81% 2.44% 9.24%
0.01 0.03 0.02 0.01 -0.19 0.01 0.02 0.02 0.02 -0.06 0.05 0.04 -0.02
Interest 0.07 0.03 0.03 0.02 0.01 0.02 0.02 0.03 0.05 0.01 0.03 0.04 0.04
Depreciation 0.04 0.04 0.04 0.04 0.05 0.04 0.05 0.05 0.06 0.06 0.06 0.06 0.07
Profit before tax -0.24 -0.18 0.20 0.74 -0.24 0.30 0.44 0.23 0.82 1.15 0.52 0.36 0.72
Tax % 29.17% 0.00% 85.00% 6.76% -45.83% 16.67% 13.64% 13.04% 40.24% 21.74% 23.08% 25.00% 43.06%
-0.17 -0.18 0.04 0.70 -0.35 0.26 0.38 0.19 0.50 0.90 0.40 0.27 0.40
EPS in Rs -0.16 -0.17 0.04 0.67 -0.33 0.25 0.36 0.18 0.48 0.86 0.38 0.26 0.38
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
34.03 35.63 35.96 29.41 17.67 23.55 23.30 26.30 28.04 28.57 37.08 60.11
32.50 34.86 35.05 28.14 17.48 23.02 25.05 25.35 27.43 27.88 35.05 57.00
Operating Profit 1.53 0.77 0.91 1.27 0.19 0.53 -1.75 0.95 0.61 0.69 2.03 3.11
OPM % 4.50% 2.16% 2.53% 4.32% 1.08% 2.25% -7.51% 3.61% 2.18% 2.42% 5.47% 5.17%
0.10 0.02 0.15 -0.23 1.89 0.05 0.08 0.01 0.03 0.09 0.07 0.01
Interest 0.02 0.01 0.05 0.09 0.04 0.07 0.27 0.25 0.21 0.09 0.11 0.12
Depreciation 0.56 0.59 0.66 0.74 0.37 0.35 0.29 0.25 0.17 0.16 0.20 0.25
Profit before tax 1.05 0.19 0.35 0.21 1.67 0.16 -2.23 0.46 0.26 0.53 1.79 2.75
Tax % 34.29% -15.79% 31.43% 33.33% 12.57% -75.00% -1.35% -2.17% 3.85% 60.38% 26.26% 28.36%
0.69 0.22 0.24 0.15 1.46 0.29 -2.25 0.47 0.25 0.20 1.33 1.97
EPS in Rs 0.66 0.21 0.23 0.14 1.39 0.28 -2.14 0.45 0.24 0.19 1.27 1.87
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 5%
5 Years: 21%
3 Years: 29%
TTM: 62%
Compounded Profit Growth
10 Years: 22%
5 Years: 24%
3 Years: 103%
TTM: 56%
Stock Price CAGR
10 Years: -2%
5 Years: 45%
3 Years: 83%
1 Year: 3%
Return on Equity
10 Years: 3%
5 Years: 6%
3 Years: 8%
Last Year: 13%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity Capital 10.51 10.51 10.51 10.51 10.51 10.51 10.51 10.51 10.51 10.51 10.51 10.51
Reserves 5.25 5.44 5.68 5.57 4.60 4.89 2.63 3.11 3.36 3.56 4.89 6.87
0.47 0.59 0.53 2.90 0.89 0.76 2.00 1.13 1.24 0.40 4.74 0.91
1.48 1.19 1.38 2.35 5.50 5.79 10.66 14.81 11.44 11.20 10.24 20.53
Total Liabilities 17.71 17.73 18.10 21.33 21.50 21.95 25.80 29.56 26.55 25.67 30.38 38.82
9.22 9.26 8.93 8.58 9.99 9.70 9.42 9.11 8.94 8.94 8.97 8.98
CWIP 0.00 0.05 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
8.49 8.42 9.17 12.75 11.51 12.25 16.38 20.45 17.61 16.73 21.41 29.84
Total Assets 17.71 17.73 18.10 21.33 21.50 21.95 25.80 29.56 26.55 25.67 30.38 38.82

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.05 0.74 -0.59 0.79 2.87 1.15 -0.73 1.52 -1.69 2.81 3.00 -0.62
-0.05 -0.67 -0.29 -2.17 -2.73 0.00 0.07 0.06 0.02 -0.18 -0.15 -0.13
-0.03 0.21 -0.12 2.40 -0.02 -0.17 -0.36 -0.55 -0.23 0.09 -0.28 -0.16
Net Cash Flow -0.03 0.28 -1.00 1.03 0.12 0.97 -1.01 1.03 -1.91 2.73 2.57 -0.91

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 40.22 34.42 50.65 70.12 116.92 73.31 113.73 144.61 112.34 83.55 58.96 83.92
Inventory Days 977.26
Days Payable 433.29
Cash Conversion Cycle 40.22 34.42 50.65 70.12 116.92 73.31 113.73 144.61 112.34 627.52 58.96 83.92
Working Capital Days 34.11 32.78 47.81 58.95 118.16 15.19 34.46 22.34 55.19 35.13 59.46 25.20
ROCE % 6.71% 1.77% 2.41% 3.08% 9.78% 1.43% -12.52% 5.29% 3.15% 5.07% 10.98%

Shareholding Pattern

Numbers in percentages

5 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
16.94% 16.94% 16.94% 16.94% 16.94% 16.94% 16.94% 16.94% 16.94% 16.94% 16.94% 16.94%
83.06% 83.06% 83.06% 83.06% 83.06% 83.05% 83.06% 83.06% 83.05% 83.06% 83.06% 83.06%
No. of Shareholders 2,0212,0312,7533,5313,6003,2493,1653,1083,0673,0753,3793,509

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