63 Moons Technologies Ltd

63 Moons Technologies Ltd

₹ 853 -2.16%
13 Dec - close price
About

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

Key Points

Services Offered
1.Brokerage Trading solutions: The Co. provides end-to-end solutions for Brokers. 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 3,930 Cr.
  • Current Price 853
  • High / Low 963 / 314
  • Stock P/E 59.8
  • Book Value 720
  • Dividend Yield 0.23 %
  • ROCE 6.70 %
  • ROE 6.49 %
  • Face Value 2.00

Pros

  • Company is almost debt free.
  • Stock is trading at 1.18 times its book value
  • Company has delivered good profit growth of 52.4% CAGR over last 5 years
  • Debtor days have improved from 60.8 to 35.0 days.
  • Company's working capital requirements have reduced from 173 days to 120 days

Cons

  • Company has a low return on equity of 1.32% over last 3 years.
  • Earnings include an other income of Rs.166 Cr.

* 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

Consolidated Figures in Rs. Crores / View Standalone

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
39 40 42 41 44 93 112 115 159 161 38 39 38
64 71 78 80 76 78 83 89 91 95 100 89 92
Operating Profit -24 -31 -36 -39 -31 15 28 26 68 65 -62 -51 -54
OPM % -62% -76% -84% -94% -70% 16% 25% 23% 43% 41% -166% -131% -140%
-11 16 32 30 21 26 -7 33 36 42 37 49 38
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 3 3 3 3 3 3 14 8 8 8 8 8 8
Profit before tax -39 -18 -6 -12 -14 38 7 51 96 99 -33 -10 -24
Tax % -4% -3% 42% 1% -4% 45% 345% 24% 17% 9% -110% 11% 0%
-34 -14 2 -6 -14 20 -26 37 79 89 4 -11 -24
EPS in Rs -7.39 -2.96 0.97 -0.84 -2.31 4.77 -5.16 8.54 17.88 20.12 1.74 -1.86 -4.10
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

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
752 568 210 205 218 322 261 212 160 160 290 472 275
556 677 473 454 376 396 455 361 244 277 317 375 377
Operating Profit 196 -109 -263 -250 -158 -74 -194 -150 -84 -117 -27 97 -101
OPM % 26% -19% -126% -122% -73% -23% -74% -71% -52% -73% -9% 21% -37%
204 1,084 828 765 274 179 200 135 41 56 70 148 166
Interest 98 82 26 43 23 10 4 1 1 0 1 1 1
Depreciation 33 43 45 41 33 30 26 25 19 12 23 30 32
Profit before tax 269 850 493 432 61 65 -24 -40 -62 -74 20 214 32
Tax % 53% 6% 13% 24% 62% 82% 47% 17% 3% 1% 212% 1%
229 865 426 328 23 12 -35 -46 -63 -56 -27 210 58
EPS in Rs 49.36 188.70 92.61 71.08 5.02 2.62 -7.65 -9.99 -13.74 -11.54 -3.54 48.29 15.90
Dividend Payout % 16% 4% 18% 7% 40% 76% -26% -20% -15% 0% -57% 4%
Compounded Sales Growth
10 Years: -2%
5 Years: 13%
3 Years: 43%
TTM: -42%
Compounded Profit Growth
10 Years: 15%
5 Years: 52%
3 Years: 148%
TTM: -48%
Stock Price CAGR
10 Years: 16%
5 Years: 53%
3 Years: 63%
1 Year: 67%
Return on Equity
10 Years: -1%
5 Years: 0%
3 Years: 1%
Last Year: 6%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

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 9 9 9 9 9 9 9 9 9 9 9 9 9
Reserves 1,806 2,552 2,919 3,132 3,157 3,194 3,168 3,122 3,082 3,087 3,106 3,338 3,309
1,464 495 486 509 498 101 4 0 0 0 4 5 7
1,408 529 548 327 311 287 275 268 251 272 347 293 301
Total Liabilities 4,687 3,585 3,962 3,977 3,975 3,591 3,457 3,400 3,342 3,368 3,466 3,645 3,626
526 532 457 286 382 362 364 381 364 382 387 369 361
CWIP 0 4 0 0 0 3 0 0 0 0 0 1 0
Investments 1,967 1,166 2,008 2,428 2,207 1,542 1,016 898 859 796 658 642 658
2,193 1,882 1,497 1,263 1,386 1,683 2,077 2,121 2,120 2,190 2,421 2,633 2,606
Total Assets 4,687 3,585 3,962 3,977 3,975 3,591 3,457 3,400 3,342 3,368 3,466 3,645 3,626

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
160 -384 -81 -159 -113 -60 -55 -64 -36 -102 71 47
-349 1,855 -119 189 246 759 -157 46 60 75 -68 -100
23 -1,182 -40 -74 -23 -411 -116 -2 -0 81 19 22
Net Cash Flow -166 289 -239 -43 110 288 -328 -21 24 54 21 -31

Ratios

Consolidated Figures in Rs. Crores / View Standalone

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 204 87 76 66 77 51 98 81 92 92 56 35
Inventory Days
Days Payable
Cash Conversion Cycle 204 87 76 66 77 51 98 81 92 92 56 35
Working Capital Days -15 221 138 385 -165 328 357 337 326 296 102 120
ROCE % 10% -3% -8% -4% 2% 3% -1% -1% -0% -2% 2% 7%

Shareholding Pattern

Numbers in percentages

2 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 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%
5.12% 5.40% 5.60% 5.61% 5.21% 3.71% 5.16% 8.02% 6.49% 4.35% 4.12% 3.05%
0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.12% 0.09% 0.01%
49.13% 48.85% 48.65% 48.64% 49.04% 50.55% 49.07% 46.23% 47.75% 49.89% 50.15% 51.30%
No. of Shareholders 45,43547,90547,09046,03345,30743,60042,90441,98847,12150,51151,23551,048

* 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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