Computer Age Management Services Ltd

Computer Age Management Services Ltd

₹ 3,241 2.84%
22 Apr 10:42 a.m.
About

The company is a mutual funds transfer agency. It provides investor services, distributor services and asset management companies (AMC) services.

Key Points

Leadership[1]
India’s largest registrar and transfer agent of mutual funds with a market share of ~69%.

  • Market Cap 15,927 Cr.
  • Current Price 3,241
  • High / Low 3,300 / 2,008
  • Stock P/E 51.1
  • Book Value 163
  • Dividend Yield 1.17 %
  • ROCE 48.5 %
  • ROE 39.7 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 44.7%
  • Company has been maintaining a healthy dividend payout of 91.0%

Cons

  • Stock is trading at 19.4 times its book value
  • The company has delivered a poor sales growth of 8.91% over past five 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.

Peer comparison

Sector: Financial Services Industry: Miscellaneous

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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
180 189 191 216 227 230 226 232 233 237 244 255 269
108 110 107 119 121 126 132 129 130 132 138 138 146
Operating Profit 72 79 84 96 106 104 94 103 104 104 106 117 123
OPM % 40% 42% 44% 45% 47% 45% 42% 44% 45% 44% 43% 46% 46%
30 3 30 3 3 3 3 6 6 6 8 8 8
Interest 2 2 2 2 2 2 2 2 2 2 2 2 2
Depreciation 10 10 10 11 12 14 12 13 14 14 14 14 15
Profit before tax 91 71 103 87 95 91 84 94 94 94 98 109 114
Tax % 18% 26% 19% 25% 24% 25% 25% 26% 24% 24% 25% 25% 25%
74 53 84 65 72 68 62 70 71 72 73 81 86
EPS in Rs 15.23 10.90 17.19 13.36 14.75 13.93 12.74 14.22 14.49 14.61 14.94 16.57 17.41
Raw PDF
Upcoming result date: 9 May 2024

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
273 295 320 372 442 464 606 651 661 674 864 929 1,004
201 230 258 245 300 289 402 459 402 405 474 523 553
Operating Profit 72 65 62 127 142 175 204 192 260 269 390 405 451
OPM % 26% 22% 19% 34% 32% 38% 34% 30% 39% 40% 45% 44% 45%
0 0 0 0 1 9 50 11 19 58 40 21 29
Interest 0 0 0 0 1 0 0 0 8 7 7 7 7
Depreciation 0 0 0 23 17 16 21 27 46 39 47 54 57
Profit before tax 72 65 62 104 125 168 233 176 225 280 376 366 416
Tax % 30% 0% 0% 33% 35% 36% 31% 36% 27% 22% 23% 25%
51 65 62 70 81 108 160 112 164 219 289 275 312
EPS in Rs 10.37 13.40 12.70 14.28 16.68 22.05 32.81 23.00 33.65 44.88 59.18 56.04 63.53
Dividend Payout % 54% 58% 51% 62% 65% 56% 68% 118% 36% 140% 65% 67%
Compounded Sales Growth
10 Years: 12%
5 Years: 9%
3 Years: 12%
TTM: 9%
Compounded Profit Growth
10 Years: 15%
5 Years: 11%
3 Years: 19%
TTM: 15%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: 15%
1 Year: 53%
Return on Equity
10 Years: 37%
5 Years: 40%
3 Years: 45%
Last Year: 40%

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 49 49 49 49 49 49 49 49 49 49 49 49 49
Reserves 169 190 215 232 250 313 364 343 440 421 556 679 750
0 0 0 0 0 0 0 0 0 73 73 76 80
62 60 79 79 94 91 128 170 226 235 217 207 258
Total Liabilities 280 299 343 360 393 453 540 563 715 778 894 1,010 1,137
28 28 33 63 56 62 80 87 158 144 169 165 166
CWIP 0 0 0 0 0 0 0 0 0 0 0 8 1
Investments 184 209 233 232 275 306 332 323 397 362 455 479 572
67 62 77 65 62 85 129 153 161 272 270 358 398
Total Assets 280 299 343 360 393 453 540 563 715 778 894 1,010 1,137

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
70 84 102 188 144 180 239 306 317
-36 -47 -30 -74 -15 -72 23 -117 -105
-32 -41 -72 -109 -132 -91 -268 -200 -201
Net Cash Flow 1 -4 -0 5 -3 17 -6 -11 11

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 5 4 3 1 6 7 9 10 14 13 9 10
Inventory Days
Days Payable
Cash Conversion Cycle 5 4 3 1 6 7 9 10 14 13 9 10
Working Capital Days -9 7 1 -3 -18 9 6 -5 6 -30 -6 6
ROCE % 35% 29% 25% 38% 43% 51% 59% 41% 51% 53% 61% 48%

Shareholding Pattern

Numbers in percentages

14 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
30.96% 30.96% 23.75% 23.75% 23.74% 19.92% 19.92% 19.92% 19.91% 19.87% 0.00% 0.00%
25.11% 26.49% 30.43% 28.99% 29.28% 33.21% 32.70% 35.00% 35.78% 38.61% 47.69% 53.78%
21.82% 15.15% 13.25% 14.67% 14.70% 14.91% 13.73% 12.87% 11.69% 16.05% 23.07% 19.91%
22.11% 27.40% 32.57% 32.59% 32.28% 31.96% 33.64% 32.21% 32.61% 25.48% 29.26% 26.32%
No. of Shareholders 1,86,3152,81,1204,63,3584,86,7494,81,0264,77,9834,87,2484,65,8344,60,4654,37,5444,46,8884,13,343

* 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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