DRC Systems India Ltd

DRC Systems Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

DRC Systems India Ltd

₹ 38.4 -3.25%
09 Jun 2:17 p.m.
drcsystems.com BSE: 543268 NSE : DRCSYSTEMS
About

DRC Systems India Ltd is engaged in software development, information technology consulting services and recruitment related services.[1]

Key Points

Service Offerings
The company's services and processes are spread across various fields viz. discovery, design, development, innovation, transformation, insight, deployment, assurance, etc.[1]

Website BSE NSE
  • Market Cap ₹ 169 Cr.
  • Current Price ₹ 38.4
  • High / Low ₹ 52.2 / 20.4
  • Stock P/E 40.2
  • Book Value ₹ 7.22
  • Dividend Yield 0.00 %
  • ROCE 23.1 %
  • ROE 21.8 %
  • Face Value ₹ 1.00
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Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Debtor days have improved from 109 to 71.1 days.

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 22.6%
  • Earnings include an other income of Rs.4.23 Cr.
  • Working capital days have increased from 69.6 days to 111 days

* 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: IT - Software Industry: Computers - Software - Medium / Small

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
4.33 5.09 4.82 6.36 5.22 5.35 4.29 4.65 4.47 5.32 6.03 6.01
4.23 4.76 5.02 5.07 4.79 4.70 3.72 4.03 3.08 3.58 3.61 8.33
Operating Profit 0.10 0.33 -0.20 1.29 0.43 0.65 0.57 0.62 1.39 1.74 2.42 -2.32
OPM % 2.31% 6.48% -4.15% 20.28% 8.24% 12.15% 13.29% 13.33% 31.10% 32.71% 40.13% -38.60%
0.10 0.00 0.00 0.02 0.15 0.00 0.01 0.17 0.15 -0.04 0.12 4.00
Interest 0.00 0.02 0.00 0.03 0.00 0.01 0.03 0.03 0.27 0.25 0.09 0.01
Depreciation 0.67 0.68 0.43 0.43 0.41 0.41 0.23 0.27 0.25 0.26 0.27 0.41
Profit before tax -0.47 -0.37 -0.63 0.85 0.17 0.23 0.32 0.49 1.02 1.19 2.18 1.26
Tax % 19.15% 18.92% 34.92% 28.24% 23.53% 34.78% 78.12% 26.53% 31.37% 29.41% 26.15% 17.46%
Net Profit -0.39 -0.30 -0.41 0.62 0.13 0.15 0.07 0.36 0.70 0.84 1.62 1.05
EPS in Rs -0.11 0.16 0.03 0.04 0.02 0.09 0.18 0.22 0.37 0.24
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2020 Mar 2021 Mar 2022 Mar 2023
6.62 9.59 10.87 20.59 19.50 21.82
6.13 9.28 11.20 19.05 17.22 18.58
Operating Profit 0.49 0.31 -0.33 1.54 2.28 3.24
OPM % 7.40% 3.23% -3.04% 7.48% 11.69% 14.85%
0.10 0.09 0.76 0.12 0.33 4.23
Interest 0.00 0.01 0.11 0.06 0.08 0.62
Depreciation 0.27 0.28 0.26 2.21 1.32 1.19
Profit before tax 0.32 0.11 0.06 -0.61 1.21 5.66
Tax % 25.00% 27.27% 83.33% 21.31% 41.32% 25.80%
Net Profit 0.24 0.09 0.01 -0.48 0.70 4.20
EPS in Rs -0.12 0.18 0.96
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 26%
TTM: 12%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 649%
TTM: 500%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -7%
Return on Equity
10 Years: %
5 Years: %
3 Years: 15%
Last Year: 22%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2020 Mar 2021 Mar 2022 Mar 2023
1.35 1.35 2.25 3.87 3.87 4.39
Reserves 0.76 0.66 0.15 1.84 2.92 27.32
0.00 0.00 0.00 0.00 15.15 0.82
0.83 31.38 2.78 8.72 3.01 3.92
Total Liabilities 2.94 33.39 5.18 14.43 24.95 36.45
0.59 0.83 0.31 3.21 2.70 4.63
CWIP 0.00 0.00 0.00 0.00 0.00 0.00
Investments 1.20 0.00 0.00 0.00 14.40 20.00
1.15 32.56 4.87 11.22 7.85 11.82
Total Assets 2.94 33.39 5.18 14.43 24.95 36.45

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.77 -0.81 -0.16 0.83 -1.07 1.83
-0.82 0.76 0.01 0.40 -15.21 -4.52
0.00 0.00 -0.11 -0.05 15.08 4.25
Net Cash Flow -0.05 -0.04 -0.26 1.18 -1.20 1.56

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 34.18 66.99 122.56 143.94 111.93 71.09
Inventory Days
Days Payable
Cash Conversion Cycle 34.18 66.99 122.56 143.94 111.93 71.09
Working Capital Days -3.86 1,181.78 57.08 9.40 88.54 110.74
ROCE % 5.83% -13.56% 9.33% 23.06%

Shareholding Pattern

Numbers in percentages

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
28.55 28.55 28.55 25.63 25.63 25.63 22.70 22.57 22.57
3.38 2.29 1.91 1.52 1.40 1.40 1.22 1.06 1.06
68.08 69.17 69.55 72.85 72.97 72.97 76.08 76.38 76.38

* 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.

Documents

Announcements

Annual reports

Concalls

  • May 2021
    Transcript
    Notes
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