Odyssey Technologies Ltd

Odyssey Technologies Ltd

₹ 109 17.15%
24 May - close price
About

Incorporated in 1990, Odyssey Technologies Ltd is in the business of Software development with primary focus on information security products[1]

Key Points

Business Overview:[1]
Company provides Information Security in the Asia-Pacific region. It has core competencies in Public Key Infrastructure, Internetworking, Cryptography and Authentication solutions.

  • Market Cap 172 Cr.
  • Current Price 109
  • High / Low 112 / 59.7
  • Stock P/E 38.7
  • Book Value 32.8
  • Dividend Yield 0.00 %
  • ROCE 12.0 %
  • ROE 8.97 %
  • Face Value 10.0

Pros

  • Company is almost debt free.

Cons

  • Stock is trading at 3.32 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 9.81% over last 3 years.
  • Earnings include an other income of Rs.2.09 Cr.

* 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.

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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
5.17 4.53 7.53 5.53 5.09 5.55 5.01 5.72 7.92 5.18 5.58 6.29 9.29
2.96 2.79 3.72 3.75 3.77 4.44 4.40 4.39 4.34 4.86 5.13 5.14 5.00
Operating Profit 2.21 1.74 3.81 1.78 1.32 1.11 0.61 1.33 3.58 0.32 0.45 1.15 4.29
OPM % 42.75% 38.41% 50.60% 32.19% 25.93% 20.00% 12.18% 23.25% 45.20% 6.18% 8.06% 18.28% 46.18%
0.15 0.17 0.20 0.25 0.27 0.35 0.35 0.52 0.56 0.46 0.47 0.58 0.58
Interest 0.04 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.92 0.76 0.79 0.81 0.81 0.65 0.70 0.70 0.70 0.57 0.58 0.58 0.60
Profit before tax 1.40 1.15 3.22 1.22 0.78 0.81 0.26 1.15 3.44 0.21 0.34 1.15 4.27
Tax % 18.57% 27.83% 27.95% 25.41% 32.05% 28.40% 19.23% 27.83% 20.06% 23.81% 29.41% 25.22% 25.29%
1.14 0.83 2.33 0.91 0.53 0.58 0.21 0.83 2.75 0.16 0.25 0.86 3.19
EPS in Rs 0.72 0.53 1.48 0.58 0.34 0.37 0.13 0.53 1.74 0.10 0.16 0.54 2.02
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
5.68 7.66 10.15 10.42 11.91 13.66 13.62 17.65 16.59 22.67 24.19 26.33
4.85 5.47 6.30 6.74 7.86 9.11 10.50 12.99 11.06 14.02 17.57 20.11
Operating Profit 0.83 2.19 3.85 3.68 4.05 4.55 3.12 4.66 5.53 8.65 6.62 6.22
OPM % 14.61% 28.59% 37.93% 35.32% 34.01% 33.31% 22.91% 26.40% 33.33% 38.16% 27.37% 23.62%
0.17 0.25 0.20 0.62 0.65 0.40 0.56 0.81 0.76 0.89 1.79 2.09
Interest 0.02 0.02 0.01 0.03 0.30 0.69 0.58 0.50 0.31 0.00 0.00 0.00
Depreciation 0.13 0.14 0.23 0.44 0.54 0.95 2.05 4.15 3.63 3.16 2.76 2.33
Profit before tax 0.85 2.28 3.81 3.83 3.86 3.31 1.05 0.82 2.35 6.38 5.65 5.98
Tax % 0.00% 7.46% 23.62% 33.16% 33.16% 27.19% 38.10% 45.12% 17.87% 27.74% 22.65% 25.59%
0.85 2.11 2.91 2.56 2.58 2.41 0.64 0.45 1.93 4.60 4.37 4.45
EPS in Rs 0.96 2.38 3.28 2.89 2.91 2.72 0.72 0.51 1.23 2.92 2.77 2.82
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 13%
5 Years: 14%
3 Years: 17%
TTM: 9%
Compounded Profit Growth
10 Years: 8%
5 Years: 48%
3 Years: 32%
TTM: 4%
Stock Price CAGR
10 Years: 29%
5 Years: 33%
3 Years: 23%
1 Year: 47%
Return on Equity
10 Years: 9%
5 Years: 7%
3 Years: 10%
Last Year: 9%

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 8.86 8.86 8.86 8.86 8.86 8.86 8.51 8.51 15.75 15.75 15.78 15.81
Reserves -4.67 -2.57 0.33 3.07 5.71 7.79 27.72 27.95 22.71 27.34 31.61 36.06
0.07 0.04 0.36 0.18 7.66 6.76 5.75 4.66 0.00 0.00 0.00 0.00
1.14 0.52 2.02 1.78 2.36 2.21 2.36 2.86 3.16 3.12 2.71 3.64
Total Liabilities 5.40 6.85 11.57 13.89 24.59 25.62 44.34 43.98 41.62 46.21 50.10 55.51
0.53 0.66 1.13 0.83 12.10 11.29 28.30 25.06 22.00 19.25 17.24 15.31
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
4.87 6.19 10.44 13.06 12.49 14.33 16.04 18.92 19.62 26.96 32.86 40.20
Total Assets 5.40 6.85 11.57 13.89 24.59 25.62 44.34 43.98 41.62 46.21 50.10 55.51

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
0.56 1.48 2.52 2.58 2.13 2.04 5.02 2.80 4.51 7.31 4.96 4.16
-0.05 -0.07 -0.52 0.46 -11.15 0.25 0.39 -0.42 0.14 0.48 0.75 1.64
0.01 -0.05 0.31 -0.22 7.19 -1.59 -1.59 -1.59 -4.97 0.00 0.05 0.04
Net Cash Flow 0.52 1.36 2.31 2.82 -1.84 0.70 3.83 0.79 -0.32 7.79 5.76 5.84

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 76.47 50.51 117.95 120.15 161.20 153.64 74.77 87.68 122.33 90.49 95.21 114.50
Inventory Days 0.00 0.00 0.00
Days Payable
Cash Conversion Cycle 76.47 50.51 117.95 120.15 161.20 153.64 74.77 87.68 122.33 90.49 95.21 114.50
Working Capital Days 124.02 115.79 147.44 140.82 145.57 160.59 108.80 121.18 147.63 100.79 103.51 103.69
ROCE % 22.77% 43.44% 49.12% 35.64% 24.23% 17.53% 4.89% 3.03% 6.63% 15.62% 12.18%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
55.48% 55.48% 55.48% 55.48% 55.48% 55.48% 55.36% 55.36% 55.36% 55.26% 55.27% 55.27%
44.52% 44.52% 44.52% 44.52% 44.52% 44.53% 44.62% 44.63% 44.62% 44.73% 44.73% 44.73%
No. of Shareholders 6,4356,4616,5006,9086,8916,6906,6026,5736,4056,4346,5296,962

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