NINtec Systems Ltd
Incorporated in 1997, NINtec Systems Ltd provides software development services and solutions
- Market Cap ₹ 805 Cr.
- Current Price ₹ 433
- High / Low ₹ 652 / 201
- Stock P/E 71.1
- Book Value ₹ 13.6
- Dividend Yield 0.00 %
- ROCE 40.5 %
- ROE 30.5 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has delivered good profit growth of 79.8% CAGR over last 5 years
Cons
- Stock is trading at 31.8 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 27.4 to 40.7 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|
1 | 3 | 4 | 8 | 8 | 9 | 20 | 32 | 56 | |
1 | 3 | 3 | 7 | 7 | 7 | 16 | 26 | 42 | |
Operating Profit | 0 | 0 | 0 | 1 | 1 | 1 | 3 | 6 | 14 |
OPM % | 15% | 15% | 6% | 9% | 14% | 17% | 17% | 18% | 25% |
0 | 0 | 1 | 1 | 1 | 0 | 1 | 2 | 2 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 |
Profit before tax | 0 | 1 | 1 | 1 | 2 | 2 | 4 | 7 | 15 |
Tax % | 32% | 31% | 33% | 28% | 23% | 24% | 25% | 25% | |
0 | 0 | 1 | 1 | 1 | 1 | 3 | 6 | 11 | |
EPS in Rs | 0.10 | 0.24 | 0.28 | 0.46 | 0.69 | 0.70 | 1.49 | 2.98 | 6.09 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 55% |
3 Years: | 61% |
TTM: | 63% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 80% |
3 Years: | 69% |
TTM: | 104% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 126% |
3 Years: | 320% |
1 Year: | 95% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 22% |
Last Year: | 30% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|
Equity Capital | 5 | 7 | 7 | 7 | 7 | 7 | 7 | 10 | 19 |
Reserves | 0 | 1 | 1 | 2 | 3 | 4 | 7 | 9 | 7 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
0 | 1 | 1 | 1 | 1 | 2 | 3 | 6 | 8 | |
Total Liabilities | 5 | 8 | 9 | 10 | 11 | 13 | 17 | 26 | 34 |
0 | 0 | 0 | 0 | 1 | 0 | 1 | 2 | 2 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 4 | 5 | 5 | 3 | 6 | 8 | 9 | 6 | 13 |
1 | 3 | 3 | 7 | 5 | 5 | 7 | 18 | 19 | |
Total Assets | 5 | 8 | 9 | 10 | 11 | 13 | 17 | 26 | 34 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
-2 | -2 | -0 | -0 | -0 | 0 | 1 | 8 | |
-0 | 0 | 0 | 1 | -0 | 0 | -0 | -1 | |
5 | 2 | -0 | 0 | 0 | 0 | 0 | 0 | |
Net Cash Flow | 2 | -0 | -0 | 0 | -0 | 1 | 1 | 7 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 193 | 4 | 5 | 169 | 61 | 20 | 21 | 41 |
Inventory Days | 0 | 0 | ||||||
Days Payable | ||||||||
Cash Conversion Cycle | 193 | 4 | 5 | 169 | 61 | 20 | 21 | 41 |
Working Capital Days | 135 | -18 | -11 | 138 | 53 | 4 | -5 | 11 |
ROCE % | 9% | 5% | 9% | 15% | 14% | 26% | 41% |
Documents
Announcements
- Compliance Certificate Under Regulation 7(3) Of SEBI (LODR) Regulations, 2015 2d
-
Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
15 Apr - Resignation of Shivangi Vakil as a CFO
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
9 Apr - Submission of compliance certificate under regulation 74(5) of SEBI (DP) Regulation, 2018
- Closure of Trading Window 27 Mar
- Disclosure Pursuant To Regulation 29(2) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011 26 Mar
Business Overview:[1]
Company is a global offshore Software Development Services & Solutions company and information technology service provider. It serves 30 of Fortune 500 Companies and 100 SMEs across 18 industry verticals. Company is listed as an SME