Hexaware Technologies Ltd

Hexaware Technologies Ltd

₹ 471 -0.04%
30 Oct 2020
About

Hexaware Technologies is engaged in information technology consulting, software development and business process services.

  • Market Cap 14,140 Cr.
  • Current Price 471
  • High / Low /
  • Stock P/E 21.5
  • Book Value 99.7
  • Dividend Yield 0.00 %
  • ROCE 30.4 %
  • ROE 25.4 %
  • Face Value 2.00

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 26.1%
  • Company has been maintaining a healthy dividend payout of 35.5%
  • Company's median sales growth is 17.3% of last 10 years
  • Company's working capital requirements have reduced from 29.4 days to 17.4 days

Cons

  • Company might be capitalizing the interest cost

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Sep 2017 Dec 2017 Mar 2018 Jun 2018 Sep 2018 Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020
993 1,005 1,049 1,137 1,210 1,252 1,264 1,308 1,481 1,529 1,542 1,569 1,586
820 845 886 959 1,007 1,061 1,075 1,096 1,244 1,289 1,308 1,298 1,308
Operating Profit 173 160 163 177 202 192 189 212 238 240 234 271 277
OPM % 17% 16% 16% 16% 17% 15% 15% 16% 16% 16% 15% 17% 18%
18 13 20 33 26 -22 -4 -6 20 2 44 -4 -6
Interest 0 0 0 0 0 0 0 1 3 3 11 15 13
Depreciation 16 16 15 18 16 16 15 21 32 36 52 64 57
Profit before tax 175 157 168 192 213 154 170 184 222 203 215 189 201
Tax % 19% 23% 20% 20% 19% 20% 18% 18% 17% 17% 18% 19% 19%
142 121 134 154 172 123 138 151 184 168 175 152 163
EPS in Rs 4.79 4.08 4.57 5.17 5.80 4.15 4.65 5.08 6.16 5.62 5.86 5.10 5.42
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019 TTM
1,152 1,039 1,055 1,451 1,948 2,285 2,582 3,124 3,535 3,942 4,648 5,583 6,226
1,069 902 1,072 1,164 1,554 1,803 2,134 2,579 2,958 3,286 3,911 4,701 5,203
Operating Profit 83 136 -17 287 394 482 448 545 577 656 736 881 1,022
OPM % 7% 13% -2% 20% 20% 21% 17% 17% 16% 17% 16% 16% 16%
23 38 161 48 44 37 16 9 40 49 58 12 36
Interest 3 3 3 3 1 1 2 1 1 2 3 10 43
Depreciation 28 27 24 25 32 39 44 48 55 63 65 103 208
Profit before tax 74 145 116 308 404 480 418 505 560 641 727 779 807
Tax % 21% 7% 7% 13% 19% 21% 23% 22% 25% 22% 20% 18%
59 134 108 267 328 379 320 393 419 500 583 641 658
EPS in Rs 2.05 4.67 3.70 9.10 11.05 12.64 10.64 13.04 13.88 16.83 19.62 21.49 22.00
Dividend Payout % 24% 15% 40% 44% 49% 88% 89% 66% 40% 24% 43% 40%
Compounded Sales Growth
10 Years: 18%
5 Years: 17%
3 Years: 16%
TTM: 17%
Compounded Profit Growth
10 Years: 17%
5 Years: 15%
3 Years: 16%
TTM: 8%
Stock Price CAGR
10 Years: 9%
5 Years: 7%
3 Years: %
1 Year: %
Return on Equity
10 Years: 26%
5 Years: 27%
3 Years: 26%
Last Year: 25%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019
Equity Capital 29 29 29 59 59 60 60 60 60 59 59 60
Reserves 634 821 936 958 1,145 1,139 1,230 1,373 1,681 1,948 2,332 2,706
19 16 11 0 0 0 0 0 0 0 0 143
371 271 278 433 362 609 463 587 570 538 742 1,260
Total Liabilities 1,053 1,137 1,255 1,449 1,565 1,808 1,754 2,021 2,311 2,545 3,133 4,169
290 310 311 397 444 515 514 533 479 541 574 2,038
CWIP 160 126 97 80 76 22 35 116 323 256 224 86
Investments 0 127 40 23 235 338 186 41 21 21 13 3
603 574 808 949 810 933 1,019 1,330 1,488 1,726 2,322 2,042
Total Assets 1,053 1,137 1,255 1,449 1,565 1,808 1,754 2,021 2,311 2,545 3,133 4,169

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019
69 151 12 141 220 336 413 393 473 476 549 596
111 -122 168 -17 -248 -116 119 14 -197 -95 -8 -1,001
7 -22 -28 -145 -190 -126 -535 -314 -249 -280 -250 -169
Net Cash Flow 186 7 153 -22 -218 94 -3 93 26 102 290 -573

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Dec 2008 Dec 2009 Dec 2010 Dec 2011 Dec 2012 Dec 2013 Dec 2014 Dec 2015 Dec 2016 Dec 2017 Dec 2018 Dec 2019
Debtor Days 65 54 66 75 68 52 52 51 45 50 63 64
Inventory Days
Days Payable
Cash Conversion Cycle 65 54 66 75 68 52 52 51 45 50 63 64
Working Capital Days -19 3 27 1 29 -16 16 19 26 36 35 17
ROCE % 11% 19% 8% 31% 36% 40% 34% 37% 35% 34% 33% 30%

Shareholding Pattern

Numbers in percentages

Dec 2017Mar 2018Jun 2018Sep 2018Dec 2018Mar 2019Jun 2019Sep 2019Dec 2019Mar 2020Jun 2020Sep 2020
71.23% 71.22% 71.22% 62.79% 62.66% 62.59% 62.52% 62.45% 62.44% 62.44% 62.34% 91.16%
13.37% 14.60% 15.05% 19.57% 17.17% 16.06% 16.76% 17.85% 16.97% 16.82% 14.03% 2.94%
7.37% 6.37% 6.04% 8.25% 10.94% 12.35% 11.88% 11.58% 12.41% 12.86% 13.12% 0.00%
8.03% 7.81% 7.69% 9.38% 9.23% 9.01% 8.84% 8.12% 8.17% 7.88% 10.51% 5.90%
No. of Shareholders 79,56178,81770,40277,85682,42780,49878,73379,59282,41280,89785,69060,408

* 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.

Documents

Concalls