DRC Systems India Ltd
Incorporated in 2012, DRC Systems
India Ltd is an IT services and Consultancy company[1]
- Market Cap ₹ 254 Cr.
- Current Price ₹ 19.0
- High / Low ₹ 35.1 / 16.2
- Stock P/E 16.8
- Book Value ₹ 4.83
- Dividend Yield 0.00 %
- ROCE 29.8 %
- ROE 26.8 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 28.4%
- Debtor days have improved from 95.6 to 54.4 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 22.4%
- Tax rate seems low
- Promoter holding has decreased over last 3 years: -3.23%
* 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 20 | 26 | 48 | 65 | |
| 17 | 20 | 33 | 45 | |
| Operating Profit | 2 | 6 | 15 | 21 |
| OPM % | 12% | 23% | 31% | 32% |
| 0 | 4 | 0 | 0 | |
| Interest | 0 | 1 | 0 | 0 |
| Depreciation | 1 | 1 | 3 | 4 |
| Profit before tax | 1 | 8 | 12 | 17 |
| Tax % | 41% | 18% | 6% | 11% |
| 1 | 7 | 12 | 15 | |
| EPS in Rs | 0.06 | 0.51 | 0.88 | 1.13 |
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 50% |
| TTM: | 37% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 178% |
| TTM: | 29% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 9% |
| 1 Year: | -14% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 28% |
| Last Year: | 27% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 4 | 4 | 13 | 13 |
| Reserves | 3 | 30 | 35 | 51 |
| 15 | 1 | 1 | 0 | |
| 3 | 4 | 30 | 35 | |
| Total Liabilities | 25 | 39 | 79 | 100 |
| 3 | 5 | 17 | 48 | |
| CWIP | 0 | 0 | 10 | 0 |
| Investments | 14 | 20 | 21 | 21 |
| 8 | 14 | 30 | 31 | |
| Total Assets | 25 | 39 | 79 | 100 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| -1 | 3 | 28 | 33 | |
| -15 | -5 | -26 | -35 | |
| 15 | 4 | -0 | -0 | |
| Net Cash Flow | -1 | 2 | 2 | -2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 112 | 82 | 151 | 54 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 112 | 82 | 151 | 54 |
| Working Capital Days | 89 | 111 | -24 | -25 |
| ROCE % | 31% | 30% | 30% |
Documents
Announcements
- Audited (Standalone And Consolidated) Financial Results For The Quarter And Year Ended On March 31, 2025 28 May
-
Board Meeting Outcome for Audited Financial Results, Appointment Of Secretarial Auditor And Other Matters.
28 May - Approved audited FY25 results with profit growth; appointed secretarial auditor; updated insider trading code and office postal code.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
22 May - Annual Secretarial Compliance Report for FY ended March 31, 2025 confirms full regulatory compliance.
-
Board Meeting Intimation for Consideration And Approval Of The Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended March 31, 2025 And To Consider Other Business Items, If Any
17 May - Board meeting on May 28, 2025 to approve audited financial results for FY 2024-25.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
24 Apr - DRC Systems confirms non-applicability of SEBI Large Corporate criteria as of March 31, 2025.
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.