Ceinsys Tech Ltd

Ceinsys Tech Ltd

₹ 528 -0.88%
13 May - close price
About

Ceinsys Tech Limited is a technology-driven organization that specializes in offering solutions in the Geospatial, Enterprise & Engineering and mobility services space for a global clientele. Incorporated. It forms an integral part of the large conglomerate – Meghe Group. [1]

Key Points

Revenue Segments (FY23)
Enterprise Geospatial & Engineering Services - 82%.
Software Products - 17%
Power Generation - 1% [1]

  • Market Cap 863 Cr.
  • Current Price 528
  • High / Low 699 / 135
  • Stock P/E 30.6
  • Book Value 117
  • Dividend Yield 0.38 %
  • ROCE 8.19 %
  • ROE 3.80 %
  • Face Value 10.0

Pros

  • Company has been maintaining a healthy dividend payout of 61.4%

Cons

  • Stock is trading at 4.49 times its book value
  • Promoter holding has decreased over last quarter: -3.26%
  • The company has delivered a poor sales growth of 4.16% over past five years.
  • Company has a low return on equity of 4.43% over last 3 years.
  • Company has high debtors of 182 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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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
48.30 60.99 40.93 53.62 51.36 50.28 28.33 38.05 39.25 61.41 40.57 45.92 52.69
39.37 57.33 34.34 50.13 44.93 44.82 26.08 41.28 38.74 42.01 32.14 37.57 41.70
Operating Profit 8.93 3.66 6.59 3.49 6.43 5.46 2.25 -3.23 0.51 19.40 8.43 8.35 10.99
OPM % 18.49% 6.00% 16.10% 6.51% 12.52% 10.86% 7.94% -8.49% 1.30% 31.59% 20.78% 18.18% 20.86%
0.25 0.35 0.40 0.37 0.30 0.24 0.53 0.22 0.02 0.30 0.30 0.43 0.39
Interest 3.02 2.38 2.34 2.70 2.46 1.73 1.67 2.21 2.19 2.28 1.50 1.45 1.20
Depreciation 0.82 0.80 0.74 0.68 0.75 0.74 0.73 0.75 0.72 0.68 0.93 0.98 1.02
Profit before tax 5.34 0.83 3.91 0.48 3.52 3.23 0.38 -5.97 -2.38 16.74 6.30 6.35 9.16
Tax % 18.54% -9.64% 23.02% 35.42% 27.56% 43.65% 13.16% 18.93% 51.68% 28.26% 27.78% 27.72% 23.36%
4.34 0.91 3.00 0.30 2.55 1.82 0.34 -4.84 -1.15 12.01 4.55 4.58 7.03
EPS in Rs 3.90 0.82 2.70 0.27 2.29 1.18 0.22 -3.14 -0.75 7.78 2.95 2.97 4.56
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
51 57 77 98 125 136 136 173 197 185 196 167 201
40 44 59 79 99 118 116 151 146 167 172 147 153
Operating Profit 11 13 18 19 26 18 20 22 51 18 24 20 47
OPM % 21% 23% 23% 19% 20% 13% 15% 13% 26% 10% 12% 12% 24%
0 0 0 1 1 2 2 4 4 2 1 1 1
Interest 3 4 6 7 11 15 16 18 17 13 11 10 6
Depreciation 1 2 2 2 3 4 4 4 4 3 3 3 4
Profit before tax 7 8 10 10 12 1 2 4 34 3 11 9 39
Tax % 33% 33% 32% 33% 39% 86% 8% 32% 25% 14% 31% 28%
5 5 7 7 7 0 1 3 25 3 8 6 28
EPS in Rs 13.38 13.95 8.92 6.56 7.42 0.14 1.28 2.46 22.56 2.49 4.97 4.12 18.26
Dividend Payout % 10% 10% 12% 10% 12% 816% 98% 91% 11% 90% 45% 49%
Compounded Sales Growth
10 Years: 11%
5 Years: 4%
3 Years: -5%
TTM: 29%
Compounded Profit Growth
10 Years: 2%
5 Years: 27%
3 Years: -37%
TTM: 836%
Stock Price CAGR
10 Years: %
5 Years: 36%
3 Years: 54%
1 Year: 267%
Return on Equity
10 Years: 10%
5 Years: 9%
3 Years: 4%
Last Year: 4%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 3 3 7 9 9 9 11 11 11 11 15 15 15
Reserves 8 13 15 28 34 40 55 54 76 76 144 157 166
25 35 43 57 96 110 118 122 97 87 60 55 52
14 24 32 27 38 23 40 61 63 80 60 51 51
Total Liabilities 50 75 97 120 178 181 224 248 247 255 280 278 284
19 22 24 26 28 28 28 28 26 23 22 17 20
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 3 4 1 1 1 0 0 0 0 56 68 68
31 50 69 94 149 152 196 220 222 232 202 193 196
Total Assets 50 75 97 120 178 181 224 248 247 255 280 278 284

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

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 -0 -9 -2 -28 9 -8 21 36 23 25 32
-10 -6 -3 -5 -4 -6 -2 2 2 1 -1 -13
12 8 12 12 32 -5 10 -23 -38 -24 -24 -19
Net Cash Flow 2 2 1 5 -1 -2 0 0 -0 -0 0 1

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 119 160 110 127 170 230 305 238 205 247 145 182
Inventory Days 15 152 564 322 653 77 187 18 191 67 16 53
Days Payable 85 201 184 148 219 132 676 1,610 1,230 1,367 708 390
Cash Conversion Cycle 49 111 490 301 603 174 -184 -1,354 -834 -1,053 -548 -156
Working Capital Days 93 146 147 178 294 307 364 264 245 259 224 246
ROCE % 37% 28% 29% 22% 20% 11% 11% 12% 28% 9% 11% 8%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
75.00% 75.00% 75.00% 58.61% 58.61% 58.61% 58.61% 58.61% 58.61% 58.61% 58.61% 55.35%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.19% 0.05% 0.00%
0.00% 0.00% 0.00% 7.09% 7.09% 7.09% 7.09% 7.09% 0.00% 0.00% 0.00% 0.00%
25.00% 25.00% 25.00% 34.30% 34.30% 34.31% 34.31% 34.32% 41.39% 41.20% 41.34% 44.65%
No. of Shareholders 8808701,4261,4401,4161,4321,3901,3715,0697,30911,40111,596

* 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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