Sancode Technologies Ltd
Incorporated in 2016, Sancode Technologies Ltd provides technology development and technical/management consultancy services[1]
- Market Cap ₹ 17.4 Cr.
- Current Price ₹ 42.7
- High / Low ₹ 83.4 / 31.6
- Stock P/E
- Book Value ₹ 18.5
- Dividend Yield 0.00 %
- ROCE -18.9 %
- ROE -19.1 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Debtor days have improved from 225 to 88.3 days.
- Promoter holding has increased by 1.03% over last quarter.
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of 2.67% over last 3 years.
- Working capital days have increased from 593 days to 1,419 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.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly 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 | |
|---|---|---|---|---|---|---|
| 0.21 | 0.31 | 0.83 | 0.95 | 0.38 | 0.62 | |
| 1.04 | 1.31 | 0.37 | 0.21 | 0.30 | 1.81 | |
| Operating Profit | -0.83 | -1.00 | 0.46 | 0.74 | 0.08 | -1.19 |
| OPM % | -395.24% | -322.58% | 55.42% | 77.89% | 21.05% | -191.94% |
| 0.01 | 0.02 | 0.02 | 0.01 | 0.08 | 0.15 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 |
| Depreciation | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.01 |
| Profit before tax | -0.83 | -0.99 | 0.47 | 0.75 | 0.16 | -1.06 |
| Tax % | 0.00% | 0.00% | 0.00% | 1.33% | -293.75% | 0.00% |
| -0.83 | -0.99 | 0.48 | 0.74 | 0.63 | -1.06 | |
| EPS in Rs | -38.30 | -45.69 | 22.15 | 34.15 | 2.12 | -2.61 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | -9% |
| TTM: | 63% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -6% |
| 3 Years: | % |
| TTM: | -268% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -47% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | -1% |
| 3 Years: | 3% |
| Last Year: | -19% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.22 | 0.22 | 0.22 | 0.22 | 2.97 | 4.07 | 4.07 |
| Reserves | -0.21 | 1.63 | 2.11 | 2.84 | 0.73 | 3.32 | 3.45 |
| 0.07 | 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.00 | |
| 0.22 | 0.07 | 0.06 | 0.13 | 0.18 | 0.12 | 0.16 | |
| Total Liabilities | 0.30 | 1.93 | 2.40 | 3.20 | 3.88 | 7.51 | 7.68 |
| 0.01 | 0.01 | 0.01 | 0.00 | 0.00 | 0.10 | 0.09 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 | 0.00 |
| Investments | 0.03 | 0.43 | 1.49 | 2.13 | 2.12 | 2.12 | 2.12 |
| 0.26 | 1.49 | 0.90 | 1.07 | 1.75 | 5.29 | 5.47 | |
| Total Assets | 0.30 | 1.93 | 2.40 | 3.20 | 3.88 | 7.51 | 7.68 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 0.00 | 0.62 | 0.68 | -2.44 | |||
| 0.00 | -0.64 | 0.01 | -1.98 | |||
| 0.00 | 0.00 | 0.00 | 4.73 | |||
| Net Cash Flow | 0.00 | -0.02 | 0.69 | 0.31 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 121.67 | 11.77 | 321.02 | 361.16 | 0.00 | 88.31 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 121.67 | 11.77 | 321.02 | 361.16 | 0.00 | 88.31 |
| Working Capital Days | -278.10 | -70.65 | 290.24 | 330.42 | 28.82 | 1,418.79 |
| ROCE % | -102.06% | 22.38% | 27.73% | 4.73% | -18.94% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr
- Closure of Trading Window 31 Mar
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 29 Mar
-
Announcement under Regulation 30 (LODR)-Change in Management
24 Mar - Appointment of Secretarial Auditors for FY 2024-25.
-
Outcome Of Board Meeting Of The Company.
24 Mar - Appointment of Secretarial Auditors for FY 2024-25.
Business Overview:[1][2]
a) SIL is a software and product development company offering an API enabled platform and solutions for organizations to adopt technology applications
b) Company helps organizations to drive digital transformation and competitive differentiation by providing them easy to implement pre-built business logic and solution workflows, specially for finance automations.
c) Itdevelops, provides, undertakes, designs, distributes and deals in Systems and application software, undertakes offshore software development projects, digital transformation, cloud migration, advance analytics, Robotic process automation, machine learning and AI projects in all areas of application. This includes those in emerging segments like Internet and Intranet website applications, enterprise solutions software, resource
planning, e-commerce, value added
products and other business applications
for corporations across the globe.