Safa Systems & Technologies Ltd
Incorporated in 2012, Safa Systems & Technologies Ltd distribution of mobile phones, electronic gadgets, mobile phone accessories, computer and computer parts, and other electronic media equipment [1]
- Market Cap ₹ 49.5 Cr.
- Current Price ₹ 19.8
- High / Low ₹ 41.9 / 15.4
- Stock P/E 37.8
- Book Value ₹ 14.6
- Dividend Yield 0.00 %
- ROCE 8.75 %
- ROE 4.80 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of 7.06% over last 3 years.
- Earnings include an other income of Rs.3.27 Cr.
- Promoter holding has decreased over last 3 years: -29.1%
* 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
Services Services Commercial Services & Supplies Trading & Distributors
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 255 | 255 | 209 | 127 | 416 | 627 | 519 | 414 | |
| 253 | 252 | 206 | 126 | 414 | 623 | 514 | 411 | |
| Operating Profit | 2 | 4 | 2 | 0 | 2 | 5 | 5 | 3 |
| OPM % | 1% | 1% | 1% | 0% | 0% | 1% | 1% | 1% |
| 1 | 0 | 0 | 2 | 4 | 2 | 2 | 3 | |
| Interest | 2 | 3 | 2 | 1 | 3 | 4 | 4 | 4 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | 1 | 0 | 0 | 0 | 2 | 3 | 2 | 2 |
| Tax % | 49% | 26% | 26% | 24% | 30% | 27% | 28% | |
| 0 | 0 | 0 | 0 | 2 | 2 | 2 | 1 | |
| EPS in Rs | 0.19 | 1.05 | 0.86 | 0.67 | 0.52 | |||
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 15% |
| 3 Years: | 60% |
| TTM: | -38% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 40% |
| 3 Years: | 79% |
| TTM: | -46% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 38% |
| 1 Year: | -39% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | 7% |
| Last Year: | 5% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 8 | 8 | 8 | 15 | 15 | 25 | 25 | 25 |
| Reserves | 0 | 0 | 0 | 0 | 2 | 9 | 11 | 11 |
| 20 | 26 | 29 | 33 | 43 | 41 | 39 | 41 | |
| 10 | 6 | 11 | 6 | 8 | 15 | 19 | 23 | |
| Total Liabilities | 39 | 40 | 49 | 55 | 68 | 90 | 94 | 101 |
| 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 15 | 15 | 15 |
| 38 | 39 | 48 | 54 | 67 | 74 | 78 | 85 | |
| Total Assets | 39 | 40 | 49 | 55 | 68 | 90 | 94 | 101 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| -1 | -0 | -7 | -45 | -5 | 6 | 6 | |
| 1 | 0 | 0 | -1 | -0 | 0 | 0 | |
| 4 | 2 | 1 | 47 | 6 | -6 | -6 | |
| Net Cash Flow | 3 | 3 | -5 | 2 | 1 | 0 | -0 |
| Free Cash Flow | -1 | -0 | -7 | -46 | -6 | 6 | 6 |
| CFO/OP | -79% | -21% | -288% | -90,140% | -303% | 145% | 129% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 37 | 33 | 54 | 87 | 40 | 24 | 32 |
| Inventory Days | 4 | 9 | 23 | 37 | 8 | 4 | 7 |
| Days Payable | 14 | 9 | 20 | 17 | 6 | 7 | 12 |
| Cash Conversion Cycle | 28 | 33 | 56 | 107 | 42 | 21 | 27 |
| Working Capital Days | 7 | 8 | 25 | 52 | 16 | 10 | 13 |
| ROCE % | 11% | 7% | 4% | 10% | 10% | 9% |
Insights
In beta| Mar 2019 | Mar 2020 | Jan 2022 | Mar 2023 | Nov 2024 | |
|---|---|---|---|---|---|
| Trade Receivables Turnover Ratio Times |
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| Xiaomi Distribution Bank Guarantee INR Lakhs |
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Documents
Announcements
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Disclosures Under Regulation 31(4) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulations, 2011.
19h - Submitted annual promoter disclosure under Regulation 31(4) for FY ended 31 March 2026.
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Closure of Trading Window
25 Mar - Trading window closed from 01-Apr-2026 until 48 hours after audited FY2026 results declaration.
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Announcement under Regulation 30 (LODR)-Change in Management
12 Feb - Appointed Mrs Rajeswari A P as Internal Auditor for FY2025-26 on 12 Feb 2026.
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Board Meeting Outcome for Subject: Outcome Of The Board Meeting Pursuant To Regulation 30 Of SEBI (Listing Obligations & Disclosures Requirements) Regulations, 2015.
12 Feb - Appointed Mrs. Rajeswari A P as Internal Auditor for FY2025–26 on 12 Feb 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
12 Jan - Certificate under Regulation 74(5) for quarter ended 31-Dec-2025; no physical folios.
Business Overview:[1]
SSTL is an ISO 9001:2015 certified distributor of electronic products and accessories in South India, offering a range of items including telecommunication devices, accessories, LED televisions, tablets, IT products, and home appliances.