DRC Systems India Ltd
Incorporated in 2012, DRC Systems
India Ltd is an IT services and Consultancy company[1]
- Market Cap ₹ 290 Cr.
- Current Price ₹ 21.8
- High / Low ₹ 35.1 / 16.2
- Stock P/E 18.6
- Book Value ₹ 4.83
- Dividend Yield 0.00 %
- ROCE 30.0 %
- ROE 26.8 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- 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: 22.2%
- Tax rate seems low
- Promoter holding has decreased over last 3 years: -3.40%
* 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 | TTM | |
---|---|---|---|---|---|
20 | 26 | 48 | 65 | 68 | |
17 | 20 | 33 | 44 | 46 | |
Operating Profit | 2 | 6 | 15 | 21 | 22 |
OPM % | 12% | 23% | 31% | 32% | 32% |
0 | 4 | 0 | 0 | 1 | |
Interest | 0 | 1 | 0 | 0 | 0 |
Depreciation | 1 | 1 | 3 | 4 | 5 |
Profit before tax | 1 | 8 | 12 | 17 | 17 |
Tax % | 41% | 18% | 6% | 11% | |
1 | 7 | 12 | 15 | 16 | |
EPS in Rs | 0.06 | 0.51 | 0.88 | 1.13 | 1.18 |
Dividend Payout % | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 50% |
TTM: | 22% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 178% |
TTM: | 8% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 23% |
1 Year: | -18% |
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 | 1 | |
3 | 4 | 30 | 34 | |
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 | 109 | -25 | -26 |
ROCE % | 31% | 30% | 30% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
10 Sep - Newspaper Advertisements - Corrigendum to the Notice of 13th AGM.
-
Corrigendum To The Notice Of The 13Th Annual General Meeting
9 Sep - Corrigendum: Preferential issue category changed to Public–Partnership Firm; floor price Rs17.76; AGM Sept 25, 2025.
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
30 Aug - Newspaper Advertisements - 13th AGM and E-voting Information.
- Reg. 34 (1) Annual Report. 29 Aug
- Notice Of The 13Th Annual General Meeting 29 Aug
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.