63 Moons Technologies Ltd

63 Moons Technologies Ltd

₹ 418 -0.39%
29 Apr - close price
About

63 Moons Techs is engaged in Computer Programming, Consultancy and related services.

Key Points

Business segments
Brokerage Trading solutions
The Co. is a pioneer in providing end-to-end solutions for Brokers in India and across the world. Its solutions cater to Equity, Forex, Commodity, and Derivatives Markets, covering all stages of a Trade Life Cycle, i.e. Pre-Trade and Post-Trade.
The company provides its service under its brand ODIN and its clients include Nirmal Bang, Kotak Securities, Angel securities, PCS Securities, and others. [1]

  • Market Cap 1,930 Cr.
  • Current Price 418
  • High / Low 691 / 162
  • Stock P/E 6.36
  • Book Value 596
  • Dividend Yield 0.48 %
  • ROCE 5.50 %
  • ROE 2.21 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Stock is trading at 0.70 times its book value
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 20.1% CAGR over last 5 years

Cons

  • Company has a low return on equity of 0.76% over last 3 years.

* 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
38 36 34 35 36 38 37 40 88 107 111 155 157
49 51 53 51 51 54 56 50 55 58 64 64 67
Operating Profit -11 -15 -19 -16 -15 -15 -19 -10 33 49 47 90 89
OPM % -29% -42% -55% -45% -41% -40% -53% -26% 37% 46% 42% 58% 57%
21 -35 12 -16 6 13 13 14 17 -16 20 18 23
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 5 4 3 3 3 3 3 3 3 3 3 3 3
Profit before tax 5 -54 -10 -36 -12 -5 -9 1 47 30 64 105 109
Tax % 14% -2% -1% 4% 5% -6% -0% -76% 36% 83% 19% 16% 8%
5 -55 -10 -34 -11 -6 -9 2 30 5 51 89 100
EPS in Rs 1.02 -11.96 -2.19 -7.39 -2.49 -1.25 -1.89 0.35 6.47 1.10 11.16 19.25 21.60
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
426 451 335 161 141 150 227 147 139 144 144 272 529
178 190 248 274 276 257 248 264 248 202 209 220 253
Operating Profit 248 261 86 -113 -135 -107 -21 -117 -109 -57 -65 53 276
OPM % 58% 58% 26% -70% -95% -71% -9% -79% -79% -40% -45% 19% 52%
330 207 -205 685 369 242 120 150 19 22 15 29 45
Interest 30 43 31 23 20 21 7 4 0 0 0 1 1
Depreciation 17 23 31 39 40 27 22 18 22 18 12 12 13
Profit before tax 529 402 -180 510 175 86 70 11 -112 -54 -63 69 307
Tax % 10% 20% -27% 13% 60% 43% 77% 99% -5% -4% 3% 60%
478 323 -229 445 71 49 16 0 -118 -57 -61 28 245
EPS in Rs 103.74 70.07 -49.60 96.60 15.35 10.65 3.55 0.02 -25.68 -12.29 -13.31 6.02 53.11
Dividend Payout % 8% 11% -16% 18% 33% 19% 56% 10,244% -8% -16% 0% 33%
Compounded Sales Growth
10 Years: -5%
5 Years: 4%
3 Years: 25%
TTM: 160%
Compounded Profit Growth
10 Years: -15%
5 Years: 20%
3 Years: 68%
TTM: 577%
Stock Price CAGR
10 Years: 3%
5 Years: 27%
3 Years: 70%
1 Year: 145%
Return on Equity
10 Years: 1%
5 Years: 0%
3 Years: 1%
Last Year: 2%

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 9 9 9 9 9 9 9 9 9 9 9 9 9
Reserves 2,403 2,668 2,400 2,771 2,758 2,836 2,857 2,847 2,716 2,651 2,581 2,607 2,737
563 598 461 480 509 498 101 0 0 0 0 4 6
239 316 306 168 163 116 96 89 107 128 126 211 321
Total Liabilities 3,215 3,592 3,177 3,428 3,439 3,458 3,063 2,945 2,832 2,788 2,717 2,832 3,073
470 477 465 429 277 365 350 351 335 319 317 313 311
CWIP 1 0 0 0 0 0 3 0 0 0 0 0 0
Investments 1,738 2,215 1,277 2,362 2,612 2,401 1,710 1,194 1,016 977 902 762 765
1,006 899 1,434 637 550 693 1,000 1,399 1,481 1,492 1,498 1,757 1,997
Total Assets 3,215 3,592 3,177 3,428 3,439 3,458 3,063 2,945 2,832 2,788 2,717 2,832 3,073

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
345 335 117 -36 -119 -81 -5 -107 -79 -8 -55 145
212 -556 187 98 178 210 716 -187 78 12 69 -112
-284 -74 -283 -88 -55 -23 -409 -118 -2 -0 -0 -1
Net Cash Flow 274 -295 21 -26 4 107 302 -412 -4 3 13 32

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 31 67 74 38 52 59 33 65 31 12 15 12
Inventory Days
Days Payable
Cash Conversion Cycle 31 67 74 38 52 59 33 65 31 12 15 12
Working Capital Days -71 -59 177 245 -28 -789 103 152 93 -41 -56 -101
ROCE % 12% 13% 6% 7% -0% 4% 5% 1% -0% 0% -0% 6%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
45.63% 45.63% 45.63% 45.63% 45.63% 45.63% 45.63% 45.63% 45.63% 45.63% 45.63% 45.63%
4.90% 4.93% 5.12% 5.40% 5.60% 5.61% 5.21% 3.71% 5.16% 8.02% 6.49% 4.35%
0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12%
49.35% 49.32% 49.13% 48.85% 48.65% 48.64% 49.04% 50.55% 49.07% 46.23% 47.75% 49.89%
No. of Shareholders 44,77744,12045,43547,90547,09046,03345,30743,60042,90441,98847,12150,511

* 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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