GACM Technologies Ltd

GACM Technologies Ltd

₹ 1.30 -3.70%
26 Apr - close price
About

Incorporated in 1995, GACM Technologies Ltd provides financial consultancy and financial technology-related services[1]

Key Points

Change in Business Line:[1]
Company used to be in the capital market business. On August 11th 2022, Securities Appellate Tribunal allowed actions of exchanges expelling the Company from the membership of exchange, and thus Stock Broking business of the Company was discontinued. On January 23rd 2023, company resolved to approve alteration in the Object Clause of the Company to catering to services in more diversified fields of businesses. Company approved the said alteration via Special Resolution passed on April 20, 2023

  • Market Cap 63.2 Cr.
  • Current Price 1.30
  • High / Low 2.92 / 0.82
  • Stock P/E 59.0
  • Book Value 0.19
  • Dividend Yield 0.00 %
  • ROCE -0.94 %
  • ROE %
  • Face Value 1.00

Pros

  • Company has reduced debt.
  • Company's working capital requirements have reduced from 154 days to 68.0 days

Cons

  • Stock is trading at 6.80 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -46.3% over past five years.
  • Promoter holding is low: 8.27%
  • Debtor days have increased from 26.0 to 49.0 days.
  • Promoter holding has decreased over last 3 years: -10.4%

* 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: Miscellaneous Industry: Miscellaneous

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Jun 2019 Sep 2019 Dec 2019 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
3.07 10.97 2.36 0.17 1.26 0.33 1.13 3.46 2.18 3.61 1.87 1.91 1.49
3.87 12.06 2.74 3.53 4.07 2.49 2.50 3.32 1.70 2.42 1.32 1.34 0.90
Operating Profit -0.80 -1.09 -0.38 -3.36 -2.81 -2.16 -1.37 0.14 0.48 1.19 0.55 0.57 0.59
OPM % -26.06% -9.94% -16.10% -1,976.47% -223.02% -654.55% -121.24% 4.05% 22.02% 32.96% 29.41% 29.84% 39.60%
0.00 0.00 -3.75 2.69 0.01 0.03 0.01 0.03 0.01 0.01 0.01 0.01 0.00
Interest 0.00 0.00 0.00 0.27 0.32 0.01 0.00 0.15 0.16 0.75 0.13 0.12 0.12
Depreciation 0.63 0.97 0.97 0.05 0.19 0.20 0.17 0.18 0.18 0.18 0.19 0.18 0.18
Profit before tax -1.43 -2.06 -5.10 -0.99 -3.31 -2.34 -1.53 -0.16 0.15 0.27 0.24 0.28 0.29
Tax % 2.80% 20.39% 2.16% 0.00% 0.00% -0.43% 0.00% 0.00% 0.00% 3.70% 0.00% 0.00% 0.00%
-1.40 -1.64 -4.99 -1.00 -3.30 -2.35 -1.53 -0.16 0.15 0.26 0.23 0.28 0.30
EPS in Rs -0.05 -0.06 -0.17 -0.03 -0.12 -0.08 -0.05 -0.01 0.01 0.01 0.01 0.01 0.01
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2022 Mar 2023 TTM
1.55 6.16 37.66 24.03 74.28 195.29 385.56 233.33 157.73 16.82 2.41 10.42 8.88
1.91 4.60 26.86 16.72 53.51 113.11 293.13 221.88 180.62 23.36 13.55 9.84 5.98
Operating Profit -0.36 1.56 10.80 7.31 20.77 82.18 92.43 11.45 -22.89 -6.54 -11.14 0.58 2.90
OPM % -23.23% 25.32% 28.68% 30.42% 27.96% 42.08% 23.97% 4.91% -14.51% -38.88% -462.24% 5.57% 32.66%
0.00 0.11 0.23 -5.12 0.40 0.15 0.13 0.00 -16.57 0.05 4.20 0.02 0.03
Interest 0.06 0.25 0.13 0.00 0.00 0.17 0.18 0.99 0.46 0.00 0.61 1.06 1.12
Depreciation 0.04 2.60 3.03 3.21 4.76 15.45 28.13 28.80 12.94 2.99 0.47 0.70 0.73
Profit before tax -0.46 -1.18 7.87 -1.02 16.41 66.71 64.25 -18.34 -52.86 -9.48 -8.02 -1.16 1.08
Tax % 0.00% -25.42% -3.05% 85.29% 11.46% 0.52% 25.40% 11.45% 1.32% 6.22% -0.12% -0.86%
-0.46 -1.48 8.10 -0.15 14.53 66.35 47.94 -50.41 -61.42 -8.88 -8.04 -1.18 1.07
EPS in Rs -0.06 -0.06 0.31 -0.01 0.51 2.33 1.16 -1.85 -2.15 -0.31 -0.28 -0.04 0.04
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: -12%
5 Years: -46%
3 Years: -15%
TTM: 25%
Compounded Profit Growth
10 Years: %
5 Years: 15%
3 Years: 23%
TTM: 128%
Stock Price CAGR
10 Years: -15%
5 Years: -3%
3 Years: 18%
1 Year: 24%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2022 Mar 2023 Sep 2023
Equity Capital 5.65 20.65 20.65 21.00 22.81 22.81 28.63 28.63 28.63 28.63 28.63 28.71 39.94
Reserves -4.38 -5.86 2.25 3.39 49.52 118.42 136.22 42.26 -18.17 -25.57 -34.61 -35.32 -33.43
1.05 0.00 0.00 0.00 2.92 1.15 17.17 107.68 2.33 1.31 16.74 17.20 9.29
0.94 6.18 5.16 13.63 4.98 12.10 103.12 29.02 22.92 1.49 1.51 2.48 1.69
Total Liabilities 3.26 20.97 28.06 38.02 80.23 154.48 285.14 207.59 35.71 5.86 12.27 13.07 17.49
0.18 12.81 13.76 11.47 41.35 92.10 101.86 41.35 6.59 0.57 2.17 1.83 1.45
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.00 0.00 0.00 0.00 3.13 0.18 5.14 15.29 4.45 0.00 0.00 0.00 2.98
3.08 8.16 14.30 26.55 35.75 62.20 178.14 150.95 24.67 5.29 10.10 11.24 13.06
Total Assets 3.26 20.97 28.06 38.02 80.23 154.48 285.14 207.59 35.71 5.86 12.27 13.07 17.49

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2022 Mar 2023
-0.07 -0.55 3.97 4.93 9.35 59.10 48.23 8.63 11.25 -3.99 -10.32 0.35
0.11 -0.14 -3.89 -6.79 -37.65 -62.09 -44.16 -24.10 -1.26 3.17 -2.06 -0.32
0.83 -0.02 -0.12 1.71 36.17 -1.80 16.41 89.68 -105.79 -1.02 12.29 -0.05
Net Cash Flow 0.87 -0.71 -0.04 -0.15 7.86 -4.79 20.48 74.21 -95.79 -1.84 -0.09 -0.01

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2022 Mar 2023
Debtor Days 0.00 95.99 74.82 271.59 111.79 79.51 132.20 69.06 41.93 0.00 3.03 49.04
Inventory Days 0.00 0.00
Days Payable
Cash Conversion Cycle 0.00 95.99 74.82 271.59 111.79 79.51 132.20 69.06 41.93 0.00 3.03 49.04
Working Capital Days 129.52 66.36 72.11 159.64 110.02 87.40 81.75 40.77 -3.66 50.78 240.81 67.96
ROCE % -10.87% 42.45% 20.43% 32.94% 61.46% 37.33% -9.10% -32.58% -111.07% -0.94%

Shareholding Pattern

Numbers in percentages

3 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
18.68% 18.68% 18.68% 18.68% 18.68% 18.68% 18.68% 18.68% 12.72% 8.27% 8.27% 8.27%
1.54% 0.44% 0.44% 0.44% 0.44% 0.44% 0.44% 0.44% 0.44% 0.30% 0.30% 0.30%
0.05% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.04% 0.03% 0.03% 0.03%
79.73% 80.84% 80.84% 80.84% 80.84% 80.83% 80.83% 80.84% 86.80% 91.42% 91.41% 91.42%
No. of Shareholders 12,48412,38112,26612,36612,29312,34112,22512,11212,00711,97911,76631,169

* 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.

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