DRC Systems India Ltd
Incorporated in 2012, DRC Systems
India Ltd is an IT services and Consultancy company[1]
- Market Cap ₹ 272 Cr.
- Current Price ₹ 19.0
- High / Low ₹ 35.1 / 16.2
- Stock P/E 63.3
- Book Value ₹ 3.08
- Dividend Yield 0.00 %
- ROCE 13.1 %
- ROE 11.1 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company's working capital requirements have reduced from 74.0 days to 56.7 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -1.60%
- Promoter holding is low: 20.6%
- Company has a low return on equity of 11.8% 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.
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 6.62 | 9.59 | 9.61 | 12.98 | 10.87 | 20.59 | 19.50 | 21.82 | 35.88 | 42.39 | 43.86 | |
| 6.13 | 9.28 | 11.29 | 12.51 | 11.20 | 19.05 | 17.22 | 18.57 | 30.40 | 35.27 | 36.95 | |
| Operating Profit | 0.49 | 0.31 | -1.68 | 0.47 | -0.33 | 1.54 | 2.28 | 3.25 | 5.48 | 7.12 | 6.91 |
| OPM % | 7.40% | 3.23% | -17.48% | 3.62% | -3.04% | 7.48% | 11.69% | 14.89% | 15.27% | 16.80% | 15.75% |
| 0.10 | 0.09 | 2.64 | 0.28 | 0.76 | 0.12 | 0.33 | 4.23 | 0.10 | 0.24 | 0.28 | |
| Interest | 0.00 | 0.01 | 0.09 | 0.24 | 0.11 | 0.06 | 0.08 | 0.63 | 0.09 | 0.07 | 0.04 |
| Depreciation | 0.27 | 0.28 | 0.52 | 0.45 | 0.26 | 2.21 | 1.32 | 1.18 | 2.43 | 2.23 | 2.01 |
| Profit before tax | 0.32 | 0.11 | 0.35 | 0.06 | 0.06 | -0.61 | 1.21 | 5.67 | 3.06 | 5.06 | 5.14 |
| Tax % | 25.00% | 27.27% | 11.43% | 116.67% | 83.33% | -21.31% | 41.32% | 25.75% | 23.20% | 15.81% | |
| 0.24 | 0.09 | 0.31 | 0.00 | 0.01 | -0.48 | 0.70 | 4.20 | 2.34 | 4.26 | 4.30 | |
| EPS in Rs | -0.04 | 0.06 | 0.32 | 0.18 | 0.32 | 0.33 | |||||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 31% |
| 3 Years: | 30% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 236% |
| 3 Years: | 83% |
| TTM: | 85% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 24% |
| 1 Year: | -32% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 11% |
| 3 Years: | 12% |
| Last Year: | 11% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.35 | 1.35 | 1.35 | 1.35 | 2.25 | 3.87 | 3.87 | 4.39 | 13.25 | 13.37 |
| Reserves | 0.76 | 0.66 | 0.89 | 0.98 | 0.15 | 1.84 | 2.92 | 27.32 | 22.49 | 27.77 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 15.15 | 0.60 | 0.75 | 0.51 | |
| 0.83 | 31.38 | 10.06 | 10.03 | 2.78 | 8.72 | 3.01 | 4.14 | 6.09 | 10.90 | |
| Total Liabilities | 2.94 | 33.39 | 12.30 | 12.36 | 5.18 | 14.43 | 24.95 | 36.45 | 42.58 | 52.55 |
| 0.59 | 0.83 | 0.99 | 0.56 | 0.31 | 3.21 | 2.70 | 4.63 | 8.17 | 6.02 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 1.20 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 14.40 | 20.00 | 21.01 | 28.66 |
| 1.15 | 32.56 | 11.31 | 11.80 | 4.87 | 11.22 | 7.85 | 11.82 | 13.40 | 17.87 | |
| Total Assets | 2.94 | 33.39 | 12.30 | 12.36 | 5.18 | 14.43 | 24.95 | 36.45 | 42.58 | 52.55 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.77 | -0.81 | -0.27 | 0.83 | -1.07 | 1.91 | 6.16 | 7.75 | |||
| -0.82 | 0.76 | 0.01 | 0.40 | -15.21 | -4.52 | -6.63 | -8.03 | |||
| 0.00 | 0.00 | 0.00 | -0.05 | 15.08 | 4.17 | -0.16 | -0.06 | |||
| Net Cash Flow | -0.05 | -0.04 | -0.26 | 1.18 | -1.20 | 1.56 | -0.62 | -0.34 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 34.18 | 66.99 | 263.59 | 266.86 | 122.56 | 143.94 | 111.93 | 71.09 | 86.37 | 81.71 |
| Inventory Days | ||||||||||
| Days Payable | ||||||||||
| Cash Conversion Cycle | 34.18 | 66.99 | 263.59 | 266.86 | 122.56 | 143.94 | 111.93 | 71.09 | 86.37 | 81.71 |
| Working Capital Days | -3.86 | 1,181.78 | 80.52 | 28.40 | 57.08 | 9.40 | 88.54 | 97.02 | 68.26 | 56.66 |
| ROCE % | 5.83% | 20.71% | 13.13% | 7.19% | -13.56% | 9.33% | 23.23% | 9.16% | 13.13% |
Documents
Announcements
-
Board Meeting Intimation for Consideration And Approval Of The Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2025 And To Consider Other Business Items, If Any
31 Oct - Board meeting on Nov 10, 2025 to approve Q2/H1 unaudited results ended Sep 30, 2025.
- Disclosures under Reg. 29(1) of SEBI (SAST) Regulations, 2011 30 Oct
-
Announcement under Regulation 30 (LODR)-Allotment
28 Oct - Allotment of 1,00,00,000 shares at Rs25 each to Shiv Minechem, raising Rs25.00 crore (Oct 28, 2025).
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Oct - Regulation 74(5) confirmation certificate for quarter ended September 30, 2025 from MUFG Intime (RTA).
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report 25 Sep
Annual reports
Concalls
-
May 2021TranscriptNotesPPT
Business Overview:[1]
DRCSIL is a member of the Electronics & Computer Software Export Promotion Council. It is appraised at CMMI Maturity Level 3 and is an Adobe Solutions Partner Bronze company that is certified by Adobe to provide integration, implementation, and consulting services for the Adobe suite of products.
Company provides software development
and offers a complete range of IT and IT-enabled solutions which include mobile
app development, website development,
AI and automation, enterprise solutions,
cloud-based services, digital marketing services, etc.