Niks Technology Ltd
Niks Technology Application development Company offers services which range from outsourced application development and managed services to professional services. The company delivers products and solutions like IT Services, IT Security Services and Training On Ethical Hacking / Embedded System & Robotics /Software Development/Networking and Communication.
- Market Cap ₹ 22.4 Cr.
- Current Price ₹ 526
- High / Low ₹ 534 / 0.00
- Stock P/E 41.4
- Book Value ₹ 43.5
- Dividend Yield 0.00 %
- ROCE 32.1 %
- ROE 23.2 %
- Face Value ₹ 10.0
Pros
Cons
- Stock is trading at 12.1 times its book value
- Company might be capitalizing the interest cost
- Debtor days have increased from 78.9 to 119 days.
- Promoter holding has decreased over last 3 years: -18.0%
* 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|
| 0.20 | 0.38 | 0.72 | 2.08 | 3.29 | |
| 0.07 | 0.10 | 0.56 | 1.54 | 2.36 | |
| Operating Profit | 0.13 | 0.28 | 0.16 | 0.54 | 0.93 |
| OPM % | 65.00% | 73.68% | 22.22% | 25.96% | 28.27% |
| -0.00 | -0.00 | -0.00 | -0.00 | 0.00 | |
| Interest | -0.00 | -0.00 | -0.00 | -0.00 | 0.00 |
| Depreciation | 0.02 | 0.05 | 0.15 | 0.18 | 0.20 |
| Profit before tax | 0.11 | 0.23 | 0.01 | 0.36 | 0.73 |
| Tax % | 27.27% | 30.43% | 100.00% | 27.78% | |
| 0.08 | 0.16 | -0.00 | 0.26 | 0.54 | |
| EPS in Rs | 40.00 | 4.41 | -0.00 | 7.16 | 14.87 |
| Dividend Payout % | -0.00% | -0.00% | -0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 118% |
| TTM: | 181% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 48% |
| TTM: | 1250% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 156% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 16% |
| Last Year: | 23% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 0.02 | 0.36 | 0.36 | 0.36 | 0.36 |
| Reserves | 0.09 | 0.63 | 0.63 | 0.89 | 1.22 |
| 0.04 | -0.00 | -0.00 | -0.00 | 0.51 | |
| 0.26 | 0.57 | 0.39 | 1.74 | 1.78 | |
| Total Liabilities | 0.41 | 1.56 | 1.38 | 2.99 | 3.87 |
| 0.05 | 0.28 | 0.19 | 0.83 | 0.20 | |
| CWIP | 0.11 | 0.26 | 0.56 | -0.00 | 0.56 |
| Investments | -0.00 | -0.00 | -0.00 | -0.00 | -0.00 |
| 0.25 | 1.02 | 0.63 | 2.16 | 3.11 | |
| Total Assets | 0.41 | 1.56 | 1.38 | 2.99 | 3.87 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 0.16 | 0.55 | -0.05 | 0.84 | |
| -0.14 | -0.42 | -0.34 | -0.27 | |
| -0.00 | 0.68 | -0.00 | -0.00 | |
| Net Cash Flow | 0.02 | 0.81 | -0.39 | 0.57 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 73.00 | 76.84 | 40.56 | 119.33 |
| Inventory Days | -0.00 | 209.34 | ||
| Days Payable | -0.00 | |||
| Cash Conversion Cycle | 73.00 | 76.84 | 40.56 | 328.67 |
| Working Capital Days | -91.25 | -365.00 | -96.32 | -103.53 |
| ROCE % | 40.35% | 1.01% | 32.14% |
Documents
Announcements
- General-Declaration With Respect To Non-Applicability Of Disclosure Of Related Party Transactions Pursuant To Regulation 23(9) Of The SEBI (LODR, Regulation 2015. 1d
- Compliance-Non-Applicability Of Statement For Deviation(S) Or Variation(S) Under Regulation 32 Of The SEBI (LODR) Regulations, 2015. 18 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 18 Apr
- Compliances-CERTIFICATE UNDER REGULATION 40 (9) AND 40(10) OF SEBI (LISTING OBLIGATION AND DISCLOSURE REQUIREMENTS) REGULATION 2015 FOR THE FINANCIAL YEAR ENDED 31ST MARCH 2024. 17 Apr
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
17 Apr - Non-Applicability of the Provisions of Annual secretarial Compliance Report under Regulation 24A of the SEBI(LODR) Regulations 2015 for the Financial Year ended 31st March, 2024.
Services Offered:[1]
The company provides hosts of digital service like:
a) Digital Marketing: Search engine optimization (SEO), Search engine marketing (SEM), Content marketing, Influencer marketing, Content automation, Campaign marketing, e-commerce marketing, Social media marketing, Social media optimization, email direct marketing, Display advertising e–books, optical disks and games