DRC Systems India Ltd
Incorporated in 2012, DRC Systems
India Ltd is an IT services and Consultancy company[1]
- Market Cap ₹ 268 Cr.
- Current Price ₹ 20.2
- High / Low ₹ 23.7 / 11.6
- Stock P/E 30.1
- Book Value ₹ 2.82
- Dividend Yield 0.00 %
- ROCE 31.3 %
- ROE 32.6 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company is expected to give good quarter
Cons
- Stock is trading at 7.15 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding is low: 22.4%
- Earnings include an other income of Rs.4.10 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.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|
19.50 | 25.63 | 37.33 | |
17.22 | 19.86 | 29.47 | |
Operating Profit | 2.28 | 5.77 | 7.86 |
OPM % | 11.69% | 22.51% | 21.06% |
0.33 | 4.23 | 4.10 | |
Interest | 0.08 | 0.64 | 0.06 |
Depreciation | 1.32 | 1.20 | 2.20 |
Profit before tax | 1.21 | 8.16 | 9.70 |
Tax % | 41.32% | 17.89% | |
0.70 | 6.69 | 8.88 | |
EPS in Rs | 0.06 | 0.51 | 0.66 |
Dividend Payout % | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 59% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 51% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 30% |
1 Year: | 28% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
Last Year: | 33% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|
Equity Capital | 3.87 | 4.39 | 4.39 |
Reserves | 2.92 | 29.88 | 33.03 |
15.15 | 0.00 | 0.00 | |
3.01 | 4.79 | 7.53 | |
Total Liabilities | 24.95 | 39.06 | 44.95 |
2.70 | 5.35 | 10.10 | |
CWIP | 0.00 | 0.00 | 0.00 |
Investments | 14.40 | 19.67 | 19.78 |
7.85 | 14.04 | 15.07 | |
Total Assets | 24.95 | 39.06 | 44.95 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | |
---|---|---|
-1.07 | 2.63 | |
-15.21 | -5.02 | |
15.08 | 4.25 | |
Net Cash Flow | -1.20 | 1.86 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2022 | Mar 2023 | |
---|---|---|
Debtor Days | 111.93 | 81.60 |
Inventory Days | ||
Days Payable | ||
Cash Conversion Cycle | 111.93 | 81.60 |
Working Capital Days | 88.54 | 109.51 |
ROCE % | 31.31% |
Documents
Announcements
- Closure of Trading Window 2d
- Announcement under Regulation 30 (LODR)-Allotment 29 Feb
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 15 Feb
- Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association 15 Feb
- Shareholder Meeting / Postal Ballot-Outcome of EGM 15 Feb
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.