Cigniti Technologies Ltd

Cigniti Tech. Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Cigniti Technologies Ltd

₹ 1,291 -0.80%
13 May - close price
cigniti.com BSE: 534758 NSE: CIGNITITEC
About

Cigniti Technologies Ltd is engaged in providing quality engineering & software testing services to clients across various industries. It was incorporated in 1998 in Hyderabad, Telangana.[1]

Key Points

Services Offered
The company provides various software testing and analysis services in the areas of Quality Assurance, Next Generation Testing, Digital Assurance, Quality Engineering, Advisory & Transformation, IP & Innovation, etc. It uses multiple solutions for automated testing like AI driven prediction tools. [1]

Website BSE NSE
  • Market Cap ₹ 3,525 Cr.
  • Current Price ₹ 1,291
  • High / Low ₹ 1,394 / 758
  • Stock P/E 37.2
  • Book Value ₹ 187
  • Dividend Yield 0.23 %
  • ROCE 24.5 %
  • ROE 20.0 %
  • Face Value ₹ 10.0
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Pros

  • Company's median sales growth is 15.1% of last 10 years

Cons

  • Promoter holding is low: 32.8%
  • Promoter holding has decreased over last 3 years: -4.46%
  • Working capital days have increased from 94.7 days to 167 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

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
84.65 93.88 115.72 121.17 124.75 152.23 172.64 184.08 187.69 190.30 195.91 202.86 199.65
68.50 85.06 102.95 100.01 111.01 129.06 135.49 140.58 146.24 153.80 156.57 164.20 189.86
Operating Profit 16.15 8.82 12.77 21.16 13.74 23.17 37.15 43.50 41.45 36.50 39.34 38.66 9.79
OPM % 19.08% 9.39% 11.04% 17.46% 11.01% 15.22% 21.52% 23.63% 22.08% 19.18% 20.08% 19.06% 4.90%
1.08 4.34 3.68 1.57 4.36 1.82 3.25 5.41 2.87 5.47 5.16 6.88 8.66
Interest 0.89 0.75 0.76 1.01 0.56 0.57 0.47 0.59 0.45 0.48 0.46 0.55 0.67
Depreciation 2.55 2.74 2.98 3.52 4.15 4.66 4.80 5.06 4.90 5.01 5.47 5.74 5.70
Profit before tax 13.79 9.67 12.71 18.20 13.39 19.76 35.13 43.26 38.97 36.48 38.57 39.25 12.08
Tax % 6.24% 25.75% 24.31% 26.98% 31.52% 24.09% 25.73% 26.81% 25.66% 25.52% 24.06% 24.84% 26.82%
12.93 7.18 9.62 13.29 9.18 15.00 26.09 31.67 28.97 27.16 29.29 29.50 8.84
EPS in Rs 4.61 2.56 3.43 4.74 3.27 5.35 9.29 11.27 10.31 9.66 10.73 10.81 3.24
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
24 56 114 204 275 244 261 300 311 456 697 789
20 42 105 152 253 208 217 241 250 399 551 664
Operating Profit 3 14 9 52 22 36 44 59 61 56 145 125
OPM % 14% 25% 8% 25% 8% 15% 17% 20% 20% 12% 21% 16%
0 0 1 1 -190 2 29 19 13 14 13 26
Interest 0 0 1 2 5 8 3 4 4 3 2 2
Depreciation 1 2 5 8 5 2 3 10 10 13 19 22
Profit before tax 2 12 5 43 -178 28 67 65 60 54 137 126
Tax % 31% 32% 33% 26% -5% 10% 11% 8% 9% 27% 26% 25%
1 8 4 32 -187 25 60 60 54 39 102 95
EPS in Rs 0.63 3.86 1.45 12.53 -70.65 9.59 21.69 21.42 19.43 14.00 36.21 34.72
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 13% 18% 15% 0%
Compounded Sales Growth
10 Years: 30%
5 Years: 25%
3 Years: 36%
TTM: 13%
Compounded Profit Growth
10 Years: 28%
5 Years: 10%
3 Years: 20%
TTM: -7%
Stock Price CAGR
10 Years: 13%
5 Years: 33%
3 Years: 51%
1 Year: 49%
Return on Equity
10 Years: 16%
5 Years: 19%
3 Years: 19%
Last Year: 20%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 19 21 25 26 27 27 28 28 28 28 27 27
Reserves 32 72 207 274 103 145 211 266 323 355 409 483
1 3 12 20 63 60 11 48 44 53 50 53
3 21 21 61 48 47 40 46 51 68 98 113
Total Liabilities 55 117 265 381 241 279 289 387 445 504 584 677
6 11 13 52 8 6 13 42 36 51 41 35
CWIP 4 4 47 21 0 0 0 0 0 0 0 0
Investments 23 53 67 70 70 69 69 118 150 190 277 349
23 49 138 238 163 204 207 227 260 263 266 293
Total Assets 55 117 265 381 241 279 289 387 445 504 584 677

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-7 10 -20 112 -29 14 99 93 61 49 121 72
-4 -43 -105 -129 -10 -3 2 -135 -43 -44 -55 -43
12 35 146 -7 26 -11 -47 -9 -9 -17 -64 -36
Net Cash Flow 0 3 21 -24 -13 -0 55 -51 9 -12 1 -7

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 144 148 136 91 147 221 151 90 102 70 52 66
Inventory Days
Days Payable
Cash Conversion Cycle 144 148 136 91 147 221 151 90 102 70 52 66
Working Capital Days 224 92 132 34 143 225 165 119 110 71 45 167
ROCE % 4% 16% 4% 16% 7% 17% 29% 23% 17% 14% 30%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
37.23% 37.46% 37.46% 33.90% 35.25% 36.81% 36.81% 34.61% 34.59% 33.46% 32.77% 32.77%
0.27% 0.57% 0.47% 0.75% 0.74% 0.79% 1.59% 5.13% 6.22% 6.32% 6.04% 6.06%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.17% 0.07% 0.09%
62.51% 61.97% 62.07% 65.35% 64.01% 62.39% 61.61% 60.25% 59.18% 60.04% 61.11% 61.08%
No. of Shareholders 13,52915,58914,41315,11415,03112,73713,27914,45117,06519,03321,30223,339

* 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.

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