Covidh Technologies Ltd
₹ 2.03
4.64%
18 Mar 2024
About
Incorporated in 1993, Covidh Technologies Limited is in the business of IT/ITES.
Key Points
- Market Cap ₹ 2.15 Cr.
- Current Price ₹ 2.03
- High / Low ₹ /
- Stock P/E
- Book Value ₹ -0.23
- Dividend Yield 0.00 %
- ROCE %
- ROE %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 26.4%
* 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
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Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 15.42 | 23.32 | 10.90 | 25.50 | 21.36 | 28.92 | 12.30 | 2.13 | 2.13 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 13.46 | 23.14 | 10.28 | 25.14 | 20.92 | 28.46 | 11.98 | 2.19 | 0.19 | 0.11 | 0.11 | 0.10 | 0.16 | |
| Operating Profit | 1.96 | 0.18 | 0.62 | 0.36 | 0.44 | 0.46 | 0.32 | -0.06 | 1.94 | -0.11 | -0.11 | -0.10 | -0.16 |
| OPM % | 12.71% | 0.77% | 5.69% | 1.41% | 2.06% | 1.59% | 2.60% | -2.82% | 91.08% | ||||
| 0.01 | 0.00 | 0.00 | -12.61 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Interest | 0.01 | 0.00 | 0.00 | 0.16 | 0.20 | 0.27 | 0.23 | 0.22 | 0.02 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.08 | 0.10 | 0.50 | 0.08 | 0.21 | 0.15 | 0.08 | 0.12 | 0.12 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1.88 | 0.08 | 0.12 | -12.49 | 0.03 | 0.04 | 0.01 | -0.40 | 1.80 | -0.11 | -0.11 | -0.10 | -0.16 |
| Tax % | 37.77% | 50.00% | 0.00% | 0.40% | 100.00% | 25.00% | 200.00% | 5.00% | 1.11% | 0.00% | 0.00% | 0.00% | |
| 1.18 | 0.04 | 0.12 | -12.54 | 0.00 | 0.04 | -0.02 | -0.42 | 1.78 | -0.11 | -0.11 | -0.10 | -0.16 | |
| EPS in Rs | 1.11 | 0.04 | 0.11 | -11.83 | 0.00 | 0.04 | -0.02 | -0.40 | 1.68 | -0.10 | -0.10 | -0.09 | -0.16 |
| Dividend Payout % | 44.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
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| Compounded Profit Growth | |
|---|---|
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| 5 Years: | % |
| 3 Years: | % |
| TTM: | -167% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -14% |
| 5 Years: | 26% |
| 3 Years: | 20% |
| 1 Year: | 0% |
| Return on Equity | |
|---|---|
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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 | Sep 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | 10.60 | 0.30 | 0.30 | 0.32 | 0.32 |
| Reserves | 2.29 | 2.33 | 2.44 | -10.10 | -10.09 | -10.05 | -10.07 | -10.49 | -10.71 | -0.31 | -0.42 | -0.54 | -0.56 |
| 1.26 | 4.28 | 4.97 | 6.15 | 6.83 | 7.49 | 7.53 | 6.56 | 2.02 | 0.00 | 0.13 | 0.18 | 0.26 | |
| 4.65 | 3.56 | 2.54 | 4.61 | 5.57 | 8.19 | 4.12 | 3.81 | 2.59 | 0.02 | 0.04 | 0.10 | 0.02 | |
| Total Liabilities | 18.80 | 20.77 | 20.55 | 11.26 | 12.91 | 16.23 | 12.18 | 10.48 | 4.50 | 0.01 | 0.05 | 0.06 | 0.04 |
| 3.78 | 4.75 | 6.65 | 0.48 | 0.44 | 0.45 | 0.75 | 0.62 | 0.43 | 0.00 | 0.00 | 0.00 | 0.00 | |
| CWIP | 4.06 | 3.08 | 1.96 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 4.28 | 4.32 | 4.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 6.68 | 8.62 | 7.74 | 10.78 | 12.47 | 15.78 | 11.43 | 9.86 | 4.07 | 0.01 | 0.05 | 0.06 | 0.04 | |
| Total Assets | 18.80 | 20.77 | 20.55 | 11.26 | 12.91 | 16.23 | 12.18 | 10.48 | 4.50 | 0.01 | 0.05 | 0.06 | 0.04 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -0.84 | -3.01 | 0.50 | 0.81 | -0.63 | -0.51 | 0.34 | 0.97 | 4.45 | -0.30 | -0.12 | -0.06 | |
| -7.38 | -0.05 | -1.16 | -0.40 | -0.16 | -0.16 | -0.38 | 0.00 | 0.10 | 0.00 | 0.00 | 0.00 | |
| 8.26 | 3.02 | 0.69 | -0.42 | 0.77 | 0.66 | 0.04 | -0.97 | -4.55 | 0.30 | 0.13 | 0.06 | |
| Net Cash Flow | 0.04 | -0.04 | 0.04 | -0.01 | -0.02 | -0.01 | 0.00 | 0.00 | -0.01 | 0.00 | 0.00 | 0.00 |
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 | 151.73 | 130.54 | 192.55 | 122.81 | 174.64 | 177.96 | 297.34 | 1,470.28 | 498.66 | |||
| Inventory Days | 0.00 | 0.00 | 0.00 | 0.00 | ||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 151.73 | 130.54 | 192.55 | 122.81 | 174.64 | 177.96 | 297.34 | 1,470.28 | 498.66 | |||
| Working Capital Days | 47.58 | 79.35 | 174.46 | 88.17 | 117.74 | 95.67 | 217.52 | 1,041.88 | 260.47 | |||
| ROCE % | 19.41% | 0.51% | 0.68% | 2.27% | 3.29% | 4.03% | 2.98% | -2.44% | 42.42% | -11.58% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 9 Apr
-
Closure of Trading Window
31 Mar - Closure of trading window until financial results declaration.
-
Announcement under Regulation 30 (LODR)-Change in Management
25 Mar - Change in designation of Mrs. Jayshree Suresh Jain to Managing Director.
-
Board Meeting Outcome for Outcome Of The Board Meeting Held Today
25 Mar - Change in designation of Director to Managing Director.
-
Announcement under Regulation 30 (LODR)-Resignation of Director
24 Mar - Ms. Vinita Dilip Modak resigns as Independent Director.
Annual reports
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Financial Year 2023
from bse
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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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Financial Year 2009
from bse
Services Offered:[1]
a) IT Enabled Services: Digital Transformation, BPO and Data Processing Services for industry verticals. This includes Financial Data Processing, Document Management, Scanning and Digital Conversions, Back Office Offsite Support Services and IT Infrastructure Management.
b) IT Resourcing: IT Resources spanning low end to high end technical domains including data processing, software development (web, mobile, desktop), cross platform development (Windows/ Linux/Android/Mac). Company provides resourcing both in onsite and offsite models.