3i Infotech Ltd
Incorporated in 1993, as a back-office processing company by ICICI Ltd., 3i Infotech is now a Global Information Technology Company. The company's business activities are divided into two categories viz: IT Solutions and Transaction.
With its head office in Mumbai, the company has a presence in more than 50 countries.
- Market Cap ₹ 637 Cr.
- Current Price ₹ 37.8
- High / Low ₹ 47.6 / 25.9
- Stock P/E
- Book Value ₹ 53.7
- Dividend Yield 0.00 %
- ROCE 4.68 %
- ROE 4.31 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.70 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 3.07% over past five years.
- Company has a low return on equity of 3.32% over last 3 years.
- Contingent liabilities of Rs.355 Cr.
- Earnings include an other income of Rs.47.0 Cr.
- Company has high debtors of 550 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 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 514 | 365 | 326 | 401 | 345 | 279 | 238 | 284 | 197 | 208 | 212 | 276 | 296 | |
| 425 | 277 | 277 | 330 | 1,291 | 159 | 291 | 167 | 142 | 191 | 216 | 244 | 302 | |
| Operating Profit | 89 | 88 | 50 | 71 | -946 | 120 | -54 | 117 | 56 | 17 | -4 | 32 | -5 |
| OPM % | 17% | 24% | 15% | 18% | -274% | 43% | -23% | 41% | 28% | 8% | -2% | 12% | -2% |
| -60 | 174 | 33 | -688 | 873 | 66 | 57 | 222 | 175 | 404 | 36 | 50 | 47 | |
| Interest | 206 | 284 | 300 | 195 | 164 | 87 | 83 | 81 | 87 | 83 | 11 | 9 | 9 |
| Depreciation | 90 | 225 | 236 | 223 | 211 | 7 | 7 | 7 | 16 | 13 | 13 | 21 | 22 |
| Profit before tax | -267 | -246 | -454 | -1,034 | -448 | 91 | -87 | 251 | 128 | 325 | 8 | 52 | 11 |
| Tax % | -22% | -4% | 3% | -2% | -20% | -1% | 0% | 0% | 0% | 0% | 0% | 0% | |
| -326 | -255 | -440 | -1,058 | -540 | 92 | -87 | 251 | 128 | 324 | 8 | 52 | 11 | |
| EPS in Rs | -16.99 | -4.47 | -7.69 | -17.52 | -8.42 | 0.78 | -0.54 | 1.55 | 0.79 | 2.01 | 0.50 | 3.10 | 0.67 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | 3% |
| 3 Years: | 12% |
| TTM: | 34% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 19% |
| 3 Years: | -33% |
| TTM: | -101% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 60% |
| 3 Years: | 130% |
| 1 Year: | -19% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 3% |
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 292 | 637 | 638 | 669 | 641 | 1,184 | 1,957 | 1,992 | 2,029 | 2,047 | 168 | 168 | |
| Reserves | 717 | 397 | -40 | -920 | -477 | -963 | -1,467 | -1,214 | -1,083 | -785 | 682 | 736 |
| 2,106 | 2,213 | 2,524 | 2,519 | 1,041 | 1,042 | 625 | 497 | 475 | 151 | 141 | 105 | |
| 562 | 1,245 | 1,420 | 1,515 | 1,297 | 1,224 | 1,572 | 1,558 | 1,568 | 1,580 | 1,190 | 1,183 | |
| Total Liabilities | 3,577 | 4,427 | 4,477 | 3,717 | 2,501 | 2,486 | 2,344 | 2,458 | 2,576 | 2,563 | 2,180 | 2,192 |
| 799 | 1,502 | 1,426 | 1,363 | 374 | 368 | 366 | 363 | 407 | 78 | 108 | 211 | |
| CWIP | 0 | 33 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 8 | 0 |
| Investments | 2,019 | 1,534 | 1,534 | 1,433 | 1,228 | 1,237 | 1,128 | 1,167 | 1,200 | 1,220 | 1,253 | 1,321 |
| 759 | 1,358 | 1,517 | 921 | 899 | 881 | 851 | 928 | 970 | 1,265 | 812 | 660 | |
| Total Assets | 3,577 | 4,427 | 4,477 | 3,717 | 2,501 | 2,486 | 2,344 | 2,458 | 2,576 | 2,563 | 2,180 | 2,192 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -81 | 36 | -73 | 74 | 35 | 114 | 82 | 87 | 104 | 388 | -57 | 108 | |
| -16 | -40 | 78 | -3 | 3 | 17 | 1 | 3 | 17 | 562 | 10 | -105 | |
| 43 | -15 | 2 | -79 | -25 | -56 | -146 | -42 | -133 | -379 | -504 | -48 | |
| Net Cash Flow | -54 | -18 | 7 | -9 | 13 | 74 | -63 | 47 | -12 | 570 | -551 | -46 |
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 | 58 | 486 | 682 | 524 | 638 | 733 | 892 | 809 | 1,207 | 745 | 777 | 550 |
| Inventory Days | 3 | |||||||||||
| Days Payable | 899 | |||||||||||
| Cash Conversion Cycle | 58 | 486 | 682 | 524 | -258 | 733 | 892 | 809 | 1,207 | 745 | 777 | 550 |
| Working Capital Days | 103 | 131 | 45 | -132 | -727 | -805 | -899 | -662 | -903 | -1,174 | -1,039 | -880 |
| ROCE % | 1% | -3% | -4% | -6% | -15% | 14% | -0% | 28% | 16% | 8% | 3% | 5% |
Documents
Announcements
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Outcome Of Analyst/ Institutional Investor Meeting
8h - Outcome of the Analyst/Institutional Investor call held today i.e. Thursday, September 21, 2023. You are requested to take the same on record.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
12 Sep - Press Release issued by the Company, titled " 3i Infotech Recognized as a Representative Vendor in 2023 Gartner Market Guide for Application Testing Services, Worldwide." …
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
5 Sep - Press Release issued by the Company, titled "3i Infotech Forms Strategic Partnership with InsureMO Offering PaaS to Enterprises". You are requested to take the same …
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Announcement under Regulation 30 (LODR)-Newspaper Publication
4 Sep - Copy of newspaper cuttings of the Notice giving intimation of 30th Annual General Metting of the Company scheduled to be held on Monday, September 25, …
- Business Responsibility and Sustainability Reporting (BRSR) 2 Sep
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
from nse
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
from bse
Concalls
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Jul 2023Transcript PPT
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May 2023TranscriptNotesPPT REC
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Feb 2023TranscriptNotesPPT
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Dec 2022TranscriptNotesPPT
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Nov 2022TranscriptNotesPPT
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Aug 2022TranscriptPPT
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May 2022Transcript PPT
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Feb 2022Transcript PPT
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Aug 2021Transcript PPT
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Aug 2021TranscriptPPT
Services Offerings
The Co’s business activities are broadly divided into two categories, viz. IT Solutions and Transaction Services. The IT Solutions comprise Cloud Computing, Platform Solutions (BPaaS, KPaaS), Application-Automation-Analytics, Infrastructure Management Services, Application Development, Digital Transformation Consulting, and FutureTech Business services. And, the Transaction Services comprise BPS and KPO services which cover back office operations management. It offers its services under the brand NuRe. [1]