Fidel Softech Ltd
Fidel Softech is engaged in implementing technology solution with local language support. It Specializes in analyzing business requirements, Streamlining processes and Developing customized IT Solutions.
- Market Cap ₹ 82.0 Cr.
- Current Price ₹ 59.6
- High / Low ₹ 95.0 / 48.6
- Stock P/E 14.6
- Book Value ₹ 21.3
- Dividend Yield 0.00 %
- ROCE 47.5 %
- ROE 36.3 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 52.8 to 81.3 days.
- Working capital days have increased from 35.1 days to 107 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
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
|---|---|---|---|---|---|---|---|---|---|
| 7.00 | 8.90 | 11.95 | 14.04 | 14.55 | 22.38 | 25.71 | 26.31 | 32.25 | |
| 6.71 | 8.42 | 10.94 | 12.68 | 13.74 | 17.57 | 21.34 | 20.15 | 24.48 | |
| Operating Profit | 0.29 | 0.48 | 1.01 | 1.36 | 0.81 | 4.81 | 4.37 | 6.16 | 7.77 |
| OPM % | 4.14% | 5.39% | 8.45% | 9.69% | 5.57% | 21.49% | 17.00% | 23.41% | 24.09% |
| 0.04 | 0.01 | 0.04 | -0.22 | 0.00 | 0.43 | 0.49 | 0.55 | 0.68 | |
| Interest | 0.02 | 0.02 | 0.08 | 0.11 | 0.11 | 0.16 | 0.12 | 0.24 | 0.06 |
| Depreciation | 0.04 | 0.05 | 0.08 | 0.21 | 0.11 | 0.77 | 0.15 | 0.18 | 0.22 |
| Profit before tax | 0.27 | 0.42 | 0.89 | 0.82 | 0.59 | 4.31 | 4.59 | 6.29 | 8.17 |
| Tax % | 70.37% | 64.29% | 26.97% | 31.71% | 28.81% | 26.91% | 24.84% | 27.50% | |
| Net Profit | 0.08 | 0.14 | 0.65 | 0.56 | 0.43 | 3.15 | 3.45 | 4.57 | 5.63 |
| EPS in Rs | 7.80 | 13.65 | 63.35 | 54.58 | 17.02 | 124.70 | 136.58 | 4.52 | 4.56 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 13% |
| 3 Years: | % |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 45% |
| 3 Years: | % |
| TTM: | 32% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 36% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
|---|---|---|---|---|---|---|---|---|---|
| 0.10 | 0.10 | 0.10 | 0.10 | 0.25 | 0.25 | 0.25 | 10.10 | 13.75 | |
| Reserves | 0.70 | 0.84 | 1.49 | 2.05 | 2.47 | 6.61 | 10.06 | 4.78 | 15.50 |
| 0.82 | 1.06 | 1.26 | 1.10 | 1.17 | 0.23 | 0.71 | 1.62 | 1.36 | |
| 1.07 | 0.80 | 1.55 | 1.69 | 1.36 | 2.96 | 6.56 | 3.60 | 2.97 | |
| Total Liabilities | 2.69 | 2.80 | 4.40 | 4.94 | 5.25 | 10.05 | 17.58 | 20.10 | 33.58 |
| 0.11 | 0.10 | 0.38 | 0.20 | 0.13 | 0.76 | 0.25 | 0.14 | 0.47 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.15 | 1.57 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.34 | 0.00 | 0.00 | 0.00 | 0.01 | 1.14 | 3.59 | 1.99 | 11.52 |
| 2.24 | 2.70 | 4.02 | 4.59 | 3.54 | 8.15 | 13.74 | 17.97 | 21.59 | |
| Total Assets | 2.69 | 2.80 | 4.40 | 4.94 | 5.25 | 10.05 | 17.58 | 20.10 | 33.58 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|
| -1.09 | -0.28 | 0.33 | 0.00 | 1.23 | 5.94 | 3.19 | -2.45 | |
| 0.22 | 0.30 | -0.32 | -0.18 | -1.47 | -4.40 | -4.42 | 1.99 | |
| 0.57 | 0.22 | 0.13 | -0.27 | 0.12 | -0.87 | 0.57 | 0.81 | |
| Net Cash Flow | -0.31 | 0.24 | 0.14 | -0.45 | -0.12 | 0.67 | -0.65 | 0.36 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 67.79 | 72.18 | 85.83 | 94.37 | 67.73 | 34.58 | 42.45 | 81.30 |
| Inventory Days | ||||||||
| Days Payable | ||||||||
| Cash Conversion Cycle | 67.79 | 72.18 | 85.83 | 94.37 | 67.73 | 34.58 | 42.45 | 81.30 |
| Working Capital Days | 40.67 | 51.26 | 46.73 | 61.61 | 44.65 | -1.14 | -0.85 | 107.24 |
| ROCE % | 24.31% | 40.00% | 38.03% | 19.61% | 52.02% | 47.46% |
Leading LangTech Consulting firm[1] Fidel offers technology services with local language UI/ UX. The services offered by the Company include IT services like Software development, Infrastructure & Cloud support, Localization including translation, interpretation, software localization & multilingual data creation, and Consulting & Staffing services including training.