Systematix Corporate Services Ltd

Systematix Corporate Services Ltd

₹ 800 1.00%
12 Apr 4:01 p.m.
About

Systematix Corporate Services Ltd was established in 1985, it provides investment management and advisory services in the financial markets and investment solutions for a broad array of investors including FIIs, DFI, Insurance companies among other Financial institutions. [1][2]

Key Points

Service Offering
The Co has a wide selection of products and services spanning multiple asset classes and consumer segments. It offers Equity, Commodities, Currency, IRF, SLBs, Depository Services, Online Trading, IPO and Mutual funds, Distribution, PMS, and Loan against Shares apart from Merchant and Investment banking services to various clients. [1]

  • Market Cap 1,038 Cr.
  • Current Price 800
  • High / Low 924 / 181
  • Stock P/E 35.1
  • Book Value 81.1
  • Dividend Yield 0.00 %
  • ROCE 7.41 %
  • ROE 5.24 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is expected to give good quarter
  • Debtor days have improved from 93.7 to 47.4 days.

Cons

  • Stock is trading at 9.28 times its book value
  • The company has delivered a poor sales growth of 6.44% over past five years.
  • Company has a low return on equity of 9.21% over last 3 years.

* 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: Finance Industry: Finance & Investments

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

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
12 15 24 23 21 21 25 12 22 15 18 20 48
13 15 16 16 15 16 19 21 15 16 14 17 17
Operating Profit -1 -1 8 6 7 4 6 -9 7 -1 4 3 31
OPM % -5% -5% 32% 28% 32% 21% 24% -74% 33% -4% 21% 17% 64%
0 0 0 1 0 0 5 0 0 1 3 0 1
Interest 1 1 1 1 1 1 1 1 1 1 1 1 1
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -2 -2 7 7 6 3 9 -9 7 -1 6 2 31
Tax % 14% -5% 21% 36% 22% 16% 14% 12% 13% 38% 20% 28% 22%
-1 -2 5 4 5 3 8 -8 6 -1 4 2 24
EPS in Rs -1.00 -1.22 4.21 3.40 3.64 2.23 6.16 -6.34 4.52 -0.43 3.41 1.39 18.44
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
50 50 39 37 34 42 54 56 51 55 89 73 101
31 32 24 21 22 24 37 41 43 50 63 69 64
Operating Profit 19 18 14 16 12 18 17 15 9 5 26 4 37
OPM % 39% 36% 37% 43% 35% 43% 32% 27% 17% 9% 29% 6% 37%
1 1 1 0 1 1 2 2 2 1 1 5 4
Interest 17 14 11 13 12 13 9 13 10 4 3 3 3
Depreciation 2 2 2 2 1 1 1 6 6 1 1 1 1
Profit before tax 2 3 3 1 -1 6 9 -3 -5 1 23 6 38
Tax % 34% 33% 32% 16% -56% 30% 29% -12% 2% -23% 25% 12%
1 2 2 1 -1 4 6 -3 -4 1 18 5 30
EPS in Rs 1.04 1.68 1.49 0.90 -0.69 3.04 4.92 -2.26 -3.43 1.02 13.48 3.91 22.81
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 7% 0%
Compounded Sales Growth
10 Years: 4%
5 Years: 6%
3 Years: 13%
TTM: 27%
Compounded Profit Growth
10 Years: 9%
5 Years: -4%
3 Years: 46%
TTM: 247%
Stock Price CAGR
10 Years: 50%
5 Years: 83%
3 Years: 76%
1 Year: 269%
Return on Equity
10 Years: 4%
5 Years: 4%
3 Years: 9%
Last Year: 5%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 13 13 13 13 13 13 13 13 13 13 13 13 13
Reserves 35 37 39 40 39 43 49 67 62 64 82 86 92
Preference Capital 0 0 0 27 27 27 25 0 0 0 0 0
136 142 93 122 103 109 130 97 27 36 30 21 21
45 53 26 52 52 61 57 27 35 58 101 61 86
Total Liabilities 229 245 171 226 207 226 249 204 138 171 226 181 212
12 11 10 8 7 6 7 12 7 6 6 6 8
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 16 2 2 4 3 5 25 25 23
216 235 161 219 184 218 240 188 127 159 195 150 181
Total Assets 229 245 171 226 207 226 249 204 138 171 226 181 212

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
-10 55 -35 55 -3 -16 49 93 18 51 -12
2 0 2 1 1 1 1 -1 -2 -15 1
1 -61 43 -47 8 11 -55 -83 6 -9 -14
Net Cash Flow -8 -6 10 9 6 -5 -4 10 22 27 -25

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 304 435 167 173 74 97 111 63 41 68 166 47
Inventory Days
Days Payable
Cash Conversion Cycle 304 435 167 173 74 97 111 63 41 68 166 47
Working Capital Days 929 1,106 1,029 1,529 1,173 1,106 1,093 65 18 -17 -154 -74
ROCE % 10% 9% 8% 9% 6% 10% 9% 5% 4% 4% 23% 7%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
74.02% 74.02% 74.05% 74.05% 74.06% 74.10% 74.11% 74.11% 74.13% 74.15% 74.22% 74.23%
25.98% 25.98% 25.95% 25.95% 25.94% 25.90% 25.90% 25.90% 25.89% 25.85% 25.79% 25.78%
No. of Shareholders 1,8251,7921,7871,7571,7281,7271,7941,8261,8051,7901,7431,741

Documents