ABM Knowledgeware Ltd

ABM Knowledgeware Ltd

₹ 114 -1.22%
26 Apr - close price
About

Incorporated in 1998, ABM Knowledgeware Ltd provides activities in e-governance, information security, technology enabled applications through cloud services and other software services[1]

Key Points

Business Overview:[1]
ABMKL is an IT Software and Services company which focuses on e-Governance. It provides e-municipality solutions to many states across India. Company has expertise in technologies like SAP HANA, 5D BIM, Mobility, Cloud, AI, ML, RPA, Blockchain, etc. and has diverse IT projects viz. Greenfield implementation, Brownfield Implementation, Transformation initiatives, Rollouts, Upgrades, AMS & ADM, Cloud initiatives, and sustenance strategies, etc.

  • Market Cap 228 Cr.
  • Current Price 114
  • High / Low 148 / 77.6
  • Stock P/E 18.7
  • Book Value 107
  • Dividend Yield 1.10 %
  • ROCE 8.33 %
  • ROE 6.29 %
  • Face Value 5.00

Pros

  • Company is almost debt free.
  • Stock is trading at 1.07 times its book value

Cons

  • The company has delivered a poor sales growth of 1.62% over past five years.
  • Company has a low return on equity of 8.22% over last 3 years.
  • Earnings include an other income of Rs.6.27 Cr.
  • Company has high debtors of 193 days.
  • Working capital days have increased from 164 days to 231 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.

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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
21.95 21.72 19.87 22.00 20.00 16.00 17.03 16.82 15.80 17.41 19.95 18.18
17.54 16.55 14.15 18.48 17.44 12.63 12.52 14.20 13.02 15.14 16.70 16.08
Operating Profit 4.41 5.17 5.72 3.52 2.56 3.37 4.51 2.62 2.78 2.27 3.25 2.10
OPM % 20.09% 23.80% 28.79% 16.00% 12.80% 21.06% 26.48% 15.58% 17.59% 13.04% 16.29% 11.55%
0.70 1.08 1.04 0.75 1.12 0.39 1.26 1.72 1.58 1.80 1.45 1.44
Interest 0.04 0.08 0.06 0.07 0.14 0.18 0.01 0.02 0.05 0.08 0.07 0.07
Depreciation 0.28 0.29 0.29 0.30 0.30 0.31 0.31 0.31 0.30 0.31 0.29 0.29
Profit before tax 4.79 5.88 6.41 3.90 3.24 3.27 5.45 4.01 4.01 3.68 4.34 3.18
Tax % 27.14% 25.68% 23.09% 20.26% 25.00% 24.46% 25.14% 20.45% 21.45% 17.12% 21.66% 19.18%
3.48 4.38 4.93 3.11 2.43 2.47 4.08 3.19 3.14 3.06 3.40 2.58
EPS in Rs 1.74 2.19 2.46 1.55 1.21 1.23 2.04 1.59 1.57 1.53 1.70 1.29
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
93 68 81 82 87 95 61 55 60 74 84 66 71
71 50 60 56 60 67 42 35 44 51 67 52 61
Operating Profit 22 18 21 26 27 28 19 20 16 22 17 13 10
OPM % 24% 27% 26% 32% 31% 30% 31% 36% 27% 31% 20% 20% 15%
1 1 1 2 2 3 2 4 4 5 4 5 6
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 1 2 2 3 2 1 1 1 1 1 1
Profit before tax 23 19 22 26 27 28 19 23 19 26 19 17 15
Tax % 33% 32% 33% 34% 35% 35% 25% 30% 20% 24% 24% 23%
15 13 14 18 18 18 14 16 15 20 15 13 12
EPS in Rs 7.60 6.28 7.24 8.76 8.78 9.16 7.22 7.89 7.65 9.79 7.42 6.44 6.09
Dividend Payout % 10% 12% 14% 12% 15% 14% 18% 16% 17% 13% 17% 20%
Compounded Sales Growth
10 Years: 0%
5 Years: 2%
3 Years: 3%
TTM: 2%
Compounded Profit Growth
10 Years: 0%
5 Years: -2%
3 Years: -6%
TTM: 0%
Stock Price CAGR
10 Years: 17%
5 Years: 14%
3 Years: 1%
1 Year: 38%
Return on Equity
10 Years: 12%
5 Years: 9%
3 Years: 8%
Last Year: 6%

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 10 10 10 10 10 10 10 10 10 10 10 10 10
Reserves 38 49 61 76 91 124 135 148 157 177 189 200 204
0 0 0 0 0 0 0 0 0 0 0 0 0
13 11 22 26 11 13 12 14 30 33 35 30 30
Total Liabilities 62 70 93 113 112 147 157 172 198 220 234 240 244
2 24 28 28 27 48 46 46 45 44 44 43 42
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 3 1 3 15 14 36 50 85 72 87 106 98
60 43 64 82 70 85 75 76 68 105 103 91 104
Total Assets 62 70 93 113 112 147 157 172 198 220 234 240 244

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
6 4 7 8 28 16 -6 41 10 15 4 3
-3 -5 -2 -3 -12 4 -21 -10 -32 17 -14 -14
-2 -2 -2 -2 -3 -3 -3 -3 -6 -0 -3 -3
Net Cash Flow 1 -2 3 2 13 17 -30 27 -28 31 -13 -13

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 80 133 174 248 84 57 316 128 190 109 167 193
Inventory Days
Days Payable
Cash Conversion Cycle 80 133 174 248 84 57 316 128 190 109 167 193
Working Capital Days 30 95 101 152 102 107 372 219 211 88 172 231
ROCE % 55% 35% 34% 34% 29% 24% 14% 15% 12% 15% 10% 8%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
66.93% 66.93% 66.93% 66.93% 66.93% 66.93% 66.93% 66.93% 66.93% 66.93% 66.93% 66.93%
0.57% 0.57% 0.57% 0.57% 0.57% 10.56% 0.34% 0.34% 0.34% 0.34% 0.34% 0.34%
32.50% 32.50% 32.50% 32.50% 32.50% 22.52% 32.73% 32.73% 32.73% 32.72% 32.74% 32.73%
No. of Shareholders 5,3645,1215,1315,3285,6145,1584,8794,9294,8785,1154,7765,017

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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