Athena Global Technologies Ltd

Athena Global Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Athena Global Technologies Ltd

₹ 87.9 3.42%
15 May - close price
vjil.com BSE: 517429
About

Athena Global Technologies Limited, is engaged in Software Development & Consulting and Real Estate Activities.[1]

Key Points

Business segments
Software services: The Co provides services in the areas of Application Development, Blockchain, Cloud, RPA etc.
Online trade of pharmaceutical products: The Co’s digital health platform MedleyMed provides a telemedicine platform that enables both consumers and pharmacies to purchase pharmaceuticals/ medicines at the lowest price.
Real Estate: The Co is engaged in the sale of flats. The Company does not intend to carry on its business of Real Estate Segment in the future as it is not its core business activity. [1][2]

Revenue Split
Software: 62% in FY21 vs 47% in FY20
IT enable & Business support service: 17% in FY21 vs 1% in FY20
Real Estate segment: 21% in FY21 vs 52% in FY20 [3]

Geographical Mix
Domestic (including sale of flats): 36% in FY21 vs 53% in FY20
Exports: 64% in FY21 vs 47% in FY20 [4]

Partnerships
The Co has partnerships with various solution providers like UiPath, Automation Anywhere, Intellibot, Arria, Tresm Labs, Kore.ai among others. [5]

Website BSE
  • Market Cap ₹ 124 Cr.
  • Current Price ₹ 87.9
  • High / Low ₹ 110 / 45.1
  • Stock P/E
  • Book Value ₹ 1.19
  • Dividend Yield 0.00 %
  • ROCE -3.97 %
  • ROE -86.5 %
  • Face Value ₹ 10.0
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Pros

Cons

  • Stock is trading at 74.0 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 4.43% over past five years.
  • Company has a low return on equity of -15.1% over last 3 years.
  • Company has high debtors of 483 days.
  • Working capital days have increased from 498 days to 1,363 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

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
5.21 7.47 4.00 4.47 6.24 3.12 3.63 2.18 2.42 1.58 2.78 2.43 2.23
3.59 5.70 3.53 2.58 6.28 4.19 3.30 3.97 3.21 3.92 3.40 3.77 3.51
Operating Profit 1.62 1.77 0.47 1.89 -0.04 -1.07 0.33 -1.79 -0.79 -2.34 -0.62 -1.34 -1.28
OPM % 31.09% 23.69% 11.75% 42.28% -0.64% -34.29% 9.09% -82.11% -32.64% -148.10% -22.30% -55.14% -57.40%
0.72 1.13 1.44 0.71 6.25 0.80 0.23 0.47 0.55 0.50 0.59 0.79 0.70
Interest 0.73 0.93 0.92 1.58 5.84 0.81 1.33 1.56 1.55 1.94 2.60 3.07 2.82
Depreciation 0.08 0.08 0.08 0.08 0.09 0.09 0.09 0.09 0.09 0.08 0.08 0.07 0.06
Profit before tax 1.53 1.89 0.91 0.94 0.28 -1.17 -0.86 -2.97 -1.88 -3.86 -2.71 -3.69 -3.46
Tax % 25.49% -22.22% 7.69% 12.77% -17.86% 43.59% 34.88% -2.02% -6.38% 13.73% 8.12% -26.56% 47.40%
1.14 2.30 0.83 0.81 0.34 -0.65 -0.56 -3.02 -2.00 -3.33 -2.48 -4.67 -1.82
EPS in Rs 1.00 1.94 0.70 0.68 0.27 -0.51 -0.44 -2.37 -1.57 -2.49 -1.85 -3.49 -1.30
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
1 3 6 8 9 11 8 14 26 21 18 10 9
5 4 12 7 9 14 10 14 16 15 17 14 15
Operating Profit -3 -1 -5 1 -1 -3 -2 1 10 6 1 -4 -6
OPM % -216% -45% -81% 11% -8% -31% -30% 7% 37% 28% 7% -43% -62%
0 0 0 0 -7 1 4 2 4 4 9 2 3
Interest 1 0 0 0 0 1 1 2 3 5 9 7 10
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -4 -2 -6 1 -8 -3 0 1 10 5 1 -10 -14
Tax % -1% 0% 0% 0% 1% -1% -179% 52% 16% 21% -39% 7%
-5 -2 -6 1 -8 -3 1 1 8 4 1 -9 -12
EPS in Rs -5.78 -2.29 -7.02 0.79 -8.59 -3.31 0.48 0.47 7.26 3.20 1.04 -6.65 -9.13
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 12%
5 Years: 4%
3 Years: -28%
TTM: -21%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -97%
Stock Price CAGR
10 Years: 27%
5 Years: 17%
3 Years: 28%
1 Year: 50%
Return on Equity
10 Years: %
5 Years: %
3 Years: -15%
Last Year: -86%

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 8 8 8 8 10 10 11 11 11 12 13 13 13
Reserves -4 -6 -12 -12 -20 -21 -20 -19 -9 -5 -0 -5 -12
2 2 3 3 3 4 2 3 5 9 45 75 83
17 19 21 21 22 20 26 34 37 38 16 23 25
Total Liabilities 23 23 20 20 14 14 20 29 45 55 74 106 110
4 4 3 3 4 4 4 3 3 3 3 3 3
CWIP 1 1 1 1 1 1 1 1 1 1 1 1 1
Investments 3 3 6 6 0 3 4 5 5 38 48 54 52
15 16 10 11 10 7 11 20 36 12 21 48 54
Total Assets 23 23 20 20 14 14 20 29 45 55 74 106 110

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
-5 -2 3 0 0 0 -2 -9 -2 34 -2 -30
-0 -0 -4 0 -1 -3 -4 0 -0 -34 -11 -6
5 2 1 -0 1 2 6 8 2 0 12 37
Net Cash Flow 0 -0 -0 0 0 -0 1 -1 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 176 101 127 128 128 79 118 112 90 68 184 483
Inventory Days 9 0
Days Payable 0
Cash Conversion Cycle 176 101 127 128 128 79 118 112 90 68 193 483
Working Capital Days -123 -60 -27 -16 -100 -105 39 270 327 -51 180 1,363
ROCE % -34% -35% -420% 953% 78% 27% -4%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
54.28% 54.28% 57.66% 57.66% 57.66% 57.66% 57.66% 59.65% 59.65% 59.65% 61.57% 61.57%
45.72% 45.72% 42.34% 42.34% 42.34% 42.34% 42.34% 40.35% 40.35% 40.35% 38.43% 38.42%
No. of Shareholders 6,0566,0295,9875,9665,9455,9165,9075,9915,9845,9565,9996,096

Documents

Announcements

Annual reports