Odyssey Technologies Ltd
Odyssey Technologies Ltd is engaged in the Business of Software development with a primary focus on information security products built around the Public Key Infrastructure and Cryptography. [1]
- Market Cap ₹ 117 Cr.
- Current Price ₹ 74.1
- High / Low ₹ 82.0 / 41.6
- Stock P/E 27.4
- Book Value ₹ 30.0
- Dividend Yield 0.00 %
- ROCE 12.2 %
- ROE 9.42 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.73% 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: 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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4.37 | 5.68 | 7.66 | 10.15 | 10.42 | 11.91 | 13.66 | 13.62 | 17.65 | 16.59 | 22.67 | 24.19 | |
3.83 | 4.85 | 5.47 | 6.30 | 6.74 | 7.86 | 9.11 | 10.50 | 12.99 | 11.06 | 14.02 | 17.57 | |
Operating Profit | 0.54 | 0.83 | 2.19 | 3.85 | 3.68 | 4.05 | 4.55 | 3.12 | 4.66 | 5.53 | 8.65 | 6.62 |
OPM % | 12.36% | 14.61% | 28.59% | 37.93% | 35.32% | 34.01% | 33.31% | 22.91% | 26.40% | 33.33% | 38.16% | 27.37% |
0.14 | 0.17 | 0.25 | 0.20 | 0.62 | 0.65 | 0.40 | 0.56 | 0.81 | 0.76 | 0.89 | 1.79 | |
Interest | 0.04 | 0.02 | 0.02 | 0.01 | 0.03 | 0.30 | 0.69 | 0.58 | 0.50 | 0.31 | -0.00 | -0.00 |
Depreciation | 0.12 | 0.13 | 0.14 | 0.23 | 0.44 | 0.54 | 0.95 | 2.05 | 4.15 | 3.63 | 3.16 | 2.76 |
Profit before tax | 0.52 | 0.85 | 2.28 | 3.81 | 3.83 | 3.86 | 3.31 | 1.05 | 0.82 | 2.35 | 6.38 | 5.65 |
Tax % | -0.00% | -0.00% | 7.46% | 23.62% | 33.16% | 33.16% | 27.19% | 38.10% | 45.12% | 17.87% | 27.74% | 22.65% |
Net Profit | 0.52 | 0.85 | 2.11 | 2.91 | 2.56 | 2.58 | 2.41 | 0.64 | 0.45 | 1.93 | 4.60 | 4.37 |
EPS in Rs | 0.59 | 0.96 | 2.38 | 3.28 | 2.89 | 2.91 | 2.72 | 0.72 | 0.51 | 1.23 | 2.92 | 2.77 |
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: | 16% |
5 Years: | 12% |
3 Years: | 11% |
TTM: | 7% |
Compounded Profit Growth | |
---|---|
10 Years: | 17% |
5 Years: | 12% |
3 Years: | 115% |
TTM: | -7% |
Stock Price CAGR | |
---|---|
10 Years: | 37% |
5 Years: | 17% |
3 Years: | 58% |
1 Year: | 39% |
Return on Equity | |
---|---|
10 Years: | 10% |
5 Years: | 6% |
3 Years: | 9% |
Last Year: | 9% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8.86 | 8.86 | 8.86 | 8.86 | 8.86 | 8.86 | 8.86 | 8.51 | 8.51 | 15.75 | 15.75 | 15.78 | |
Reserves | -5.52 | -4.67 | -2.57 | 0.33 | 3.07 | 5.71 | 7.79 | 27.72 | 27.95 | 22.71 | 27.34 | 31.61 |
0.04 | 0.07 | 0.04 | 0.36 | 0.18 | 7.66 | 6.76 | 5.75 | 4.66 | -0.00 | -0.00 | -0.00 | |
0.81 | 1.14 | 0.52 | 2.02 | 1.78 | 2.36 | 2.21 | 2.36 | 2.86 | 3.16 | 3.12 | 2.71 | |
Total Liabilities | 4.19 | 5.40 | 6.85 | 11.57 | 13.89 | 24.59 | 25.62 | 44.34 | 43.98 | 41.62 | 46.21 | 50.10 |
0.44 | 0.53 | 0.66 | 1.13 | 0.83 | 12.10 | 11.29 | 28.30 | 25.06 | 22.00 | 19.25 | 17.24 | |
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 |
3.75 | 4.87 | 6.19 | 10.44 | 13.06 | 12.49 | 14.33 | 16.04 | 18.92 | 19.62 | 26.96 | 32.86 | |
Total Assets | 4.19 | 5.40 | 6.85 | 11.57 | 13.89 | 24.59 | 25.62 | 44.34 | 43.98 | 41.62 | 46.21 | 50.10 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.11 | 0.56 | 1.48 | 2.52 | 2.58 | 2.13 | 2.04 | 5.02 | 2.80 | 4.51 | 7.31 | 4.96 | |
0.04 | -0.05 | -0.07 | -0.52 | 0.46 | -11.15 | 0.25 | 0.39 | -0.42 | 0.14 | 0.48 | 0.75 | |
-0.01 | 0.01 | -0.05 | 0.31 | -0.22 | 7.19 | -1.59 | -1.59 | -1.59 | -4.97 | -0.00 | 0.05 | |
Net Cash Flow | 0.14 | 0.52 | 1.36 | 2.31 | 2.82 | -1.84 | 0.70 | 3.83 | 0.79 | -0.32 | 7.79 | 5.76 |
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 | 54.29 | 76.47 | 50.51 | 117.95 | 120.15 | 161.20 | 153.64 | 74.77 | 87.68 | 122.33 | 90.49 | 95.21 |
Inventory Days | -0.00 | -0.00 | -0.00 | |||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 54.29 | 76.47 | 50.51 | 117.95 | 120.15 | 161.20 | 153.64 | 74.77 | 87.68 | 122.33 | 90.49 | 95.21 |
Working Capital Days | 136.14 | 124.02 | 115.79 | 147.44 | 140.82 | 145.57 | 160.59 | 108.80 | 121.18 | 147.63 | 100.79 | 103.51 |
ROCE % | 18.01% | 22.77% | 43.44% | 49.12% | 35.64% | 24.23% | 17.53% | 4.89% | 3.03% | 6.63% | 15.62% | 12.18% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
1d - Submission of Annual Secretarial Compliance report for the Financial Year 2022-23.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 May - Newspaper Advertisement for dispatch of notice for 33rd AGM of the Company to be held on 14.06.2023, Book Closure and e-voting instructions.
- Notice Of 33Rd Annual General Meeting To Be Held On 14Th June, 2023 At 3:00 PM Vide VC/OAVM. 22 May
- Reg. 34 (1) Annual Report. 22 May
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Announcement under Regulation 30 (LODR)-Newspaper Publication
18 May - Newspaper Advertisement published on May 17, 2023 about dispatch of notice for 33rd AGM of the Company.
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 2012
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Financial Year 2011
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Financial Year 2010
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Products & Services
Xorkee: Xorkee is a framework that simplifies public key-based authentication and digital signatures for users and service providers alike.
eSign: eSign enables every citizen with an Aadhaar Id to digitally sign any digital document online.
Altasigna: AltaSigna Maple is a powerful, standards-compliant digital signature solution that helps banks and other financial institutions comply with regulations pertaining to the National Payments Corporation of India’s National Automated Clearing House (NACH) Project.
Crypto: The company offers CryptoMagic, it is a comprehensive cryptographic tool kit to enable applications with PKI capabilities. Cryptography is the fundamental building block of security. CryptoMagic provides the developer with implementations of all standard cryptographic protocols, thus enabling fast and easy integration of cryptographic functionality into the application.[1][2] [3][4]
Revenue Split
Income from software products: 43% in FY21 vs 31% in FY20
Income from software services: 51% in FY21 vs 53% in FY20
Income from software exports: 6 % in FY21 vs 5% in FY20
Income from resale activities: NIL in FY21 vs 11% in FY20[5][6]
New Product
Xorkeesign India G2C: This product is a browser extension for Google Chrome and Microsoft Edge browsers that enables visitors to the Indian Income Tax Portal to sign their tax returns and certificate registrations. [7]
R&D
The company spent 34% of its revenue on Research and Development in FY21. This includes the cost of development, hardware &
software support, port charges, Internet connectivity charges, etc. [8]