XT Global Infotech Ltd

XT Global Infotech Ltd

₹ 41.3 -0.84%
25 Apr 11:52 a.m.
About

Incorporated in 1986, XTGlobal Infotech Ltd provides Software product development, training, and software services[1]

Key Points

Business Overview:[1][2]
XTGIL is a CMMI-Dev Level 3 (v2.0) appraised, ISO 27001 certified organization and a vendor in IT, BPO, and consulting services. It offers end-to-end development services like cloud migration, low-code app development, robotic process automation, and advanced data analytics across the globe.

a) Oracle Solutions:[3]
Oracle Cloud, Oracle On-Premises, Oracle Services, Oracle Value Models, Oracle Integrations, Oracle Analytics

b) Software Services:[4]
Application Transformation Management,
Cloud and Infrastructure, Digital Business Services, Quality Assurance, Robotic
Process Automation, Product Engineering.

c) Automation Solutions:[5]
Robotic Process Automation, Automation by Functions, and Automation by Industries.

d) Value Models:[6]
Managed Services, SOW / Fixed Bid, Build>Operate>Transfer, Offshore On-
Demand Talent Partnership, Business
Process Services, Accounts Payable Automation.

e) BPO:[7]
Process Outsourcing BPO Services

  • Market Cap 549 Cr.
  • Current Price 41.3
  • High / Low 52.1 / 30.5
  • Stock P/E 82.7
  • Book Value 13.4
  • Dividend Yield 0.12 %
  • ROCE 7.44 %
  • ROE 4.37 %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company has delivered good profit growth of 90.8% CAGR over last 5 years

Cons

  • Stock is trading at 3.11 times its book value
  • Company has a low return on equity of 4.87% over last 3 years.
  • Earnings include an other income of Rs.5.13 Cr.
  • Company's cost of borrowing seems high
  • Promoter holding has decreased over last 3 years: -6.65%

* 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

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
2.69 2.88 3.27 3.74 13.99 16.63 17.41 17.44 17.53 13.79 15.84 18.09 18.02
2.04 1.98 2.30 2.76 10.28 12.25 12.45 12.74 12.53 13.36 13.44 13.92 14.38
Operating Profit 0.65 0.90 0.97 0.98 3.71 4.38 4.96 4.70 5.00 0.43 2.40 4.17 3.64
OPM % 24.16% 31.25% 29.66% 26.20% 26.52% 26.34% 28.49% 26.95% 28.52% 3.12% 15.15% 23.05% 20.20%
0.11 0.07 0.03 0.13 -0.07 0.05 -0.52 -0.35 -0.15 3.59 1.15 -0.38 0.77
Interest 0.00 0.00 0.00 0.00 0.82 0.52 0.48 1.08 1.04 1.22 0.51 0.51 0.46
Depreciation 0.05 0.06 0.06 0.08 0.70 0.70 0.71 0.76 0.80 0.76 0.74 0.67 0.84
Profit before tax 0.71 0.91 0.94 1.03 2.12 3.21 3.25 2.51 3.01 2.04 2.30 2.61 3.11
Tax % -18.31% 5.49% 6.38% 5.83% 19.81% 8.10% 11.08% 38.25% 20.93% 69.12% 21.74% 29.89% 23.47%
0.84 0.86 0.88 0.98 1.70 2.95 2.89 1.55 2.38 0.62 1.81 1.83 2.38
EPS in Rs 0.07 0.07 0.07 0.08 0.13 0.22 0.22 0.12 0.18 0.05 0.14 0.14 0.18
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
0.14 0.45 0.04 0.05 0.05 0.03 0.03 0.42 5.23 35.78 51.05 66.17 65.74
0.40 0.25 0.19 0.20 0.50 0.22 0.31 0.32 4.03 28.15 37.64 51.08 55.10
Operating Profit -0.26 0.20 -0.15 -0.15 -0.45 -0.19 -0.28 0.10 1.20 7.63 13.41 15.09 10.64
OPM % -185.71% 44.44% -375.00% -300.00% -900.00% -633.33% -933.33% 23.81% 22.94% 21.32% 26.27% 22.80% 16.18%
0.21 0.00 0.00 0.00 0.00 0.00 0.02 -0.02 0.49 0.50 -0.59 2.57 5.13
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.05 0.05 0.02 0.36 1.90 3.82 2.70
Depreciation 1.62 0.27 0.10 0.11 0.04 0.01 0.01 0.00 0.08 1.37 2.36 3.03 3.01
Profit before tax -1.67 -0.07 -0.25 -0.26 -0.49 -0.20 -0.32 0.03 1.59 6.40 8.56 10.81 10.06
Tax % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -44.65% 10.62% 17.99% 31.17%
-1.67 -0.07 -0.25 -0.26 -0.48 -0.20 -0.32 0.03 2.31 5.72 7.01 7.45 6.64
EPS in Rs -1.25 -0.05 -0.19 -0.20 -0.36 -0.15 -0.25 0.02 0.19 0.48 0.53 0.56 0.51
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: 65%
5 Years: 366%
3 Years: 133%
TTM: -5%
Compounded Profit Growth
10 Years: 60%
5 Years: 91%
3 Years: 48%
TTM: -29%
Stock Price CAGR
10 Years: 46%
5 Years: 66%
3 Years: 25%
1 Year: 40%
Return on Equity
10 Years: %
5 Years: %
3 Years: 5%
Last Year: 4%

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 13.31 13.31 13.31 13.31 13.31 0.67 1.27 1.27 12.00 12.00 13.30 13.30 13.30
Reserves -14.11 -14.18 -14.43 -14.69 -15.17 -2.73 -3.05 -3.02 45.31 114.41 152.85 161.20 164.84
0.27 1.62 1.94 2.01 2.29 2.38 2.64 2.43 0.00 27.79 29.69 22.72 19.87
1.77 0.38 0.33 0.25 0.10 0.11 0.06 0.25 0.71 25.25 19.21 18.87 17.56
Total Liabilities 1.24 1.13 1.15 0.88 0.53 0.43 0.92 0.93 58.02 179.45 215.05 216.09 215.57
0.57 0.36 0.26 0.16 0.12 0.11 0.11 0.17 0.35 18.06 76.45 76.53 82.01
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 54.34 2.49 6.47 0.00
Investments 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 48.73 93.25 126.01 126.01 126.01
0.67 0.77 0.89 0.72 0.41 0.32 0.81 0.76 8.94 13.80 10.10 7.08 7.55
Total Assets 1.24 1.13 1.15 0.88 0.53 0.43 0.92 0.93 58.02 179.45 215.05 216.09 215.57

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
0.13 0.05 0.07 -0.08 0.05 -0.05 -0.06 -0.24 0.66 10.09 4.17 13.72
-0.13 -0.05 0.00 -0.01 0.00 0.00 0.00 -0.07 -48.88 -10.04 -7.99 -4.08
0.00 0.00 0.00 0.00 0.00 0.00 0.60 -0.21 54.30 -1.82 1.91 -10.80
Net Cash Flow 0.00 0.00 0.07 -0.08 0.05 -0.05 0.54 -0.51 6.08 -1.77 -1.91 -1.15

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 886.43 267.67 3,011.25 2,263.00 146.00 0.00 0.00 382.38 83.75 13.16 1.00 1.32
Inventory Days
Days Payable
Cash Conversion Cycle 886.43 267.67 3,011.25 2,263.00 146.00 0.00 0.00 382.38 83.75 13.16 1.00 1.32
Working Capital Days 599.64 308.22 4,197.50 3,285.00 1,825.00 2,433.33 2,555.00 417.14 77.47 -175.05 -77.79 -61.45
ROCE % -397.62% -63.64% -31.85% -35.86% -92.45% -53.33% -45.76% 12.99% 5.55% 6.40% 5.73% 7.44%

Shareholding Pattern

Numbers in percentages

4 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
69.59% 69.59% 62.78% 62.78% 62.78% 62.78% 62.78% 62.78% 62.83% 62.83% 62.83% 62.94%
0.42% 0.00% 0.00% 0.00% 0.00% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00%
0.01% 0.01% 0.01% 0.01% 0.01% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
29.99% 30.41% 37.21% 37.21% 37.21% 37.18% 37.19% 37.20% 37.16% 37.15% 37.17% 37.04%
No. of Shareholders 11,71011,96212,68814,79814,38714,55714,51314,38114,07314,42615,48415,468

* 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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