DRC Systems India Ltd
Incorporated in 2012, DRC Systems
India Ltd is an IT services and Consultancy company[1]
- Market Cap ₹ 197 Cr.
- Current Price ₹ 13.6
- High / Low ₹ 24.3 / 11.5
- Stock P/E 49.8
- Book Value ₹ 4.85
- Dividend Yield 0.00 %
- ROCE 10.4 %
- ROE 7.08 %
- Face Value ₹ 1.00
Pros
- Company is almost debt free.
- Debtor days have improved from 61.8 to 17.2 days.
Cons
- Stock is trading at 2.81 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 20.6%
- Company has a low return on equity of 8.25% over last 3 years.
- Earnings include an other income of Rs.2.44 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.
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 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6.62 | 9.59 | 9.61 | 12.98 | 10.87 | 20.59 | 19.50 | 21.82 | 35.88 | 42.39 | 48.66 | 50.47 | |
| 6.13 | 9.28 | 11.29 | 12.51 | 11.20 | 19.05 | 17.22 | 18.57 | 30.40 | 35.27 | 42.93 | 45.82 | |
| Operating Profit | 0.49 | 0.31 | -1.68 | 0.47 | -0.33 | 1.54 | 2.28 | 3.25 | 5.48 | 7.12 | 5.73 | 4.65 |
| OPM % | 7.40% | 3.23% | -17.48% | 3.62% | -3.04% | 7.48% | 11.69% | 14.89% | 15.27% | 16.80% | 11.78% | 9.21% |
| 0.10 | 0.09 | 2.64 | 0.28 | 0.76 | 0.12 | 0.33 | 4.23 | 0.10 | 0.24 | 1.38 | 2.44 | |
| Interest | 0.00 | 0.01 | 0.09 | 0.24 | 0.11 | 0.06 | 0.08 | 0.63 | 0.09 | 0.07 | 0.54 | 0.64 |
| Depreciation | 0.27 | 0.28 | 0.52 | 0.45 | 0.26 | 2.21 | 1.32 | 1.18 | 2.43 | 2.23 | 2.00 | 1.99 |
| Profit before tax | 0.32 | 0.11 | 0.35 | 0.06 | 0.06 | -0.61 | 1.21 | 5.67 | 3.06 | 5.06 | 4.57 | 4.46 |
| Tax % | 25.00% | 27.27% | 11.43% | 116.67% | 83.33% | -21.31% | 41.32% | 25.75% | 23.20% | 15.81% | 24.51% | |
| 0.24 | 0.09 | 0.31 | 0.00 | 0.01 | -0.48 | 0.70 | 4.20 | 2.34 | 4.26 | 3.44 | 3.37 | |
| EPS in Rs | -0.04 | 0.06 | 0.32 | 0.18 | 0.32 | 0.24 | 0.24 | |||||
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 22% |
| 5 Years: | 19% |
| 3 Years: | 31% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 32% |
| 5 Years: | 59% |
| 3 Years: | -2% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 8% |
| 3 Years: | 0% |
| 1 Year: | -34% |
| Return on Equity | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 10% |
| 3 Years: | 8% |
| Last Year: | 7% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 1.35 | 1.35 | 1.35 | 1.35 | 2.25 | 3.87 | 3.87 | 4.39 | 13.25 | 13.37 | 14.41 |
| Reserves | 0.76 | 0.66 | 0.89 | 0.98 | 0.15 | 1.84 | 2.92 | 27.32 | 22.49 | 27.77 | 55.51 |
| 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 15.15 | 0.60 | 0.75 | 0.51 | 0.42 | |
| 0.83 | 31.38 | 10.06 | 10.03 | 2.78 | 8.72 | 3.01 | 4.14 | 6.09 | 10.90 | 31.58 | |
| Total Liabilities | 2.94 | 33.39 | 12.30 | 12.36 | 5.18 | 14.43 | 24.95 | 36.45 | 42.58 | 52.55 | 101.92 |
| 0.59 | 0.83 | 0.99 | 0.56 | 0.31 | 3.21 | 2.70 | 4.63 | 8.17 | 6.02 | 4.20 | |
| CWIP | 0.00 | 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 | 38.55 |
| 1.15 | 32.56 | 11.31 | 11.80 | 4.87 | 11.22 | 7.85 | 11.82 | 13.40 | 17.87 | 59.17 | |
| Total Assets | 2.94 | 33.39 | 12.30 | 12.36 | 5.18 | 14.43 | 24.95 | 36.45 | 42.58 | 52.55 | 101.92 |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.77 | -0.81 | -0.27 | 0.83 | -1.07 | 1.91 | 6.16 | 7.75 | 38.22 | |||
| -0.82 | 0.76 | 0.01 | 0.40 | -15.21 | -4.52 | -6.63 | -8.03 | -62.32 | |||
| 0.00 | 0.00 | 0.00 | -0.05 | 15.08 | 4.17 | -0.16 | -0.06 | 24.51 | |||
| Net Cash Flow | -0.05 | -0.04 | -0.26 | 1.18 | -1.20 | 1.56 | -0.62 | -0.34 | 0.40 | ||
| Free Cash Flow | 0.58 | -1.32 | -0.28 | 0.82 | -1.89 | -1.00 | 0.45 | 7.57 | 38.10 | ||
| CFO/OP | 202% | -158% | 94% | 68% | -30% | 91% | 116% | 115% | 716% |
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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 34.18 | 66.99 | 263.59 | 266.86 | 122.56 | 143.94 | 111.93 | 71.09 | 86.37 | 81.71 | 17.18 |
| 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 | 17.18 |
| Working Capital Days | -3.86 | 1,181.78 | 80.52 | 28.40 | 57.08 | 9.40 | 88.54 | 97.02 | 68.26 | 56.66 | -176.65 |
| ROCE % | 5.83% | 20.71% | 13.13% | 7.19% | -13.56% | 9.33% | 23.23% | 9.16% | 13.13% | 10.41% |
Insights
In beta| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Revenue per Employee INR Lakhs per employee |
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| Revenue Share - India % of revenue |
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| Total Employee Headcount employees |
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| Revenue Share - UAE % of revenue |
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| Subsidiary Turnover - DRC Systems EMEA INR Lakhs |
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| Subsidiary Turnover - DRC Systems USA INR Lakhs |
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Extracted by Screener AI
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Advertisement - Notice of 14th Annual General Meeting and e-voting information.
- Reg. 34 (1) Annual Report.
-
Notice Of The 14Th Annual General Meeting
- 14th AGM on September 17, 2026; FY2025-26 annual report released with e-voting dates.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
- Newspaper Advertisement - 14th Annual General Meeting through Video Conferencing/Other Audio-Visual Means Facility.
-
Announcement under Regulation 30 (LODR)-Change in Directorate
- DRC Systems approved Q1 FY27 results, reappointed two directors, and set AGM for September 17, 2026.
Annual reports
Concalls
-
May 2021TranscriptAI SummaryPPT
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.