Kandarp Digi Smart BPO Ltd
Incorporated in 2001, Kandarp Digi Smart BPO Limited is engaged in BPO services specializing in the area of support services solutions. The company provides a wide range of support services such as Call Centre, Contact Point Verifications, Site Visits, Document check/Pickup, E-KYC, Skip Tracing, Employee Back Check, Staffing Solutions, Payroll Management, Payment Collections (soft), AMC Booking Services, etc. to its clients and specializes in providing End to End solutions to customers/clients.[1]
- Market Cap ₹ 27.9 Cr.
- Current Price ₹ 31.0
- High / Low ₹ 32.5 / 15.2
- Stock P/E 26.0
- Book Value ₹ 19.2
- Dividend Yield 0.00 %
- ROCE 10.5 %
- ROE 8.28 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 7.39% over last 3 years.
- Company has high debtors of 229 days.
- Working capital days have increased from 91.6 days to 164 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
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|---|
| 11.04 | 10.00 | 10.41 | 12.80 | 16.11 | 16.04 | |
| 8.73 | 8.14 | 10.05 | 11.27 | 13.97 | 13.48 | |
| Operating Profit | 2.31 | 1.86 | 0.36 | 1.53 | 2.14 | 2.56 |
| OPM % | 20.92% | 18.60% | 3.46% | 11.95% | 13.28% | 15.96% |
| 0.03 | 0.13 | 0.12 | 0.01 | 0.02 | 0.03 | |
| Interest | 0.24 | 0.26 | 0.24 | 0.24 | 0.28 | 0.35 |
| Depreciation | 0.13 | 0.23 | 0.09 | 0.05 | 0.62 | 0.92 |
| Profit before tax | 1.97 | 1.50 | 0.15 | 1.25 | 1.26 | 1.32 |
| Tax % | 24.87% | 26.00% | 33.33% | 28.80% | 19.05% | |
| 1.48 | 1.12 | 0.11 | 0.89 | 1.02 | 1.07 | |
| EPS in Rs | 21.23 | 16.07 | 1.58 | 1.42 | 1.14 | 1.20 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 17% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -3% |
| TTM: | 43% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 58% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 7% |
| Last Year: | 8% |
Balance Sheet
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.70 | 0.70 | 0.70 | 6.27 | 8.97 | 8.97 |
| Reserves | 5.09 | 6.20 | 6.31 | 1.50 | 7.91 | 8.26 |
| 1.21 | 1.73 | 2.92 | 1.94 | 2.64 | 3.45 | |
| 2.29 | 3.28 | 7.27 | 8.90 | 6.55 | 12.26 | |
| Total Liabilities | 9.29 | 11.91 | 17.20 | 18.61 | 26.07 | 32.94 |
| 0.44 | 0.23 | 0.15 | 1.43 | 0.88 | 4.09 | |
| CWIP | 2.76 | 4.18 | 7.00 | 7.30 | 11.09 | 9.25 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| 6.09 | 7.50 | 10.05 | 9.88 | 14.10 | 19.60 | |
| Total Assets | 9.29 | 11.91 | 17.20 | 18.61 | 26.07 | 32.94 |
Cash Flows
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| 0.89 | 0.64 | 1.65 | -3.03 | -3.66 | |
| -1.36 | -1.33 | -2.73 | -1.37 | -4.72 | |
| 0.67 | 0.26 | 0.96 | 4.35 | 8.53 | |
| Net Cash Flow | 0.20 | -0.43 | -0.12 | -0.06 | 0.15 |
Ratios
Figures in Rs. Crores
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|---|
| Debtor Days | 122.99 | 199.66 | 290.67 | 231.83 | 229.06 |
| Inventory Days | |||||
| Days Payable | |||||
| Cash Conversion Cycle | 122.99 | 199.66 | 290.67 | 231.83 | 229.06 |
| Working Capital Days | 103.48 | 143.08 | 92.56 | 18.54 | 163.58 |
| ROCE % | 22.52% | 3.34% | 15.17% | 10.54% |
Business Area[1] The company has been in the current business line for 20+ years and their client lists include various financial service companies. The company also helps clients with voice support services, field support services, and Back Office Processing Services to provide a comprehensive range of services across all industry sectors to clients who need specialist assistance.