Ksolves India Ltd
Ksolves India Ltd, incorporated in 2014, is engaged in software development, enterprise solutions, consulting & providing IT solutions to companies across sectors such as Real Estate, E-commerce, Finance, Telecom and Healthcare etc. Ksolves curate & develop the best possible software solutions. It is servicing clients across several counties with 410+ in-house technology experts.
Ksolves is a 360-degree software solution provider, known in the industry for its expertise in Big Data (Apache Kafka, Apache NiFi, Apache Spark, Apache Cassandra), Data Science (Artificial Intelligence & Machine Learning), Salesforce, DevOps, Java & Microservices, OpenShift, Penetration Testing etc.
- Market Cap ₹ 1,310 Cr.
- Current Price ₹ 1,105
- High / Low ₹ 1,468 / 605
- Stock P/E 41.1
- Book Value ₹ 24.3
- Dividend Yield 2.12 %
- ROCE 171 %
- ROE 128 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has delivered good profit growth of 234% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 120%
- Company has been maintaining a healthy dividend payout of 57.0%
Cons
- Stock is trading at 45.6 times its book value
- Promoter holding has decreased over last 3 years: -9.08%
* 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|
0 | 2 | 2 | 3 | 5 | 8 | 24 | 45 | 77 | 100 | |
0 | 2 | 2 | 3 | 5 | 7 | 13 | 26 | 44 | 58 | |
Operating Profit | 0 | 0 | 0 | 0 | 0 | 1 | 11 | 20 | 33 | 42 |
OPM % | 12% | 4% | 4% | 6% | 13% | 45% | 43% | 43% | 42% | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 |
Profit before tax | 0 | 0 | 0 | 0 | 0 | 1 | 11 | 20 | 33 | 42 |
Tax % | 32% | 40% | 40% | 27% | 24% | 25% | 24% | 25% | ||
0 | 0 | 0 | 0 | 0 | 1 | 8 | 15 | 25 | 32 | |
EPS in Rs | 6.64 | 13.02 | 20.98 | 26.86 | ||||||
Dividend Payout % | 0% | 0% | 0% | 97% | 0% | 74% | 44% | 52% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 87% |
3 Years: | 112% |
TTM: | 47% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 234% |
3 Years: | 234% |
TTM: | 44% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 126% |
1 Year: | 73% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 120% |
3 Years: | 120% |
Last Year: | 128% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 12 | 12 | 12 |
Reserves | 0 | 0 | 0 | 0 | 0 | 1 | 11 | 4 | 11 | 17 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 1 | 3 | 7 | 12 | 8 | |
Total Liabilities | 0 | 0 | 0 | 1 | 1 | 2 | 16 | 23 | 34 | 37 |
0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 2 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
0 | 0 | 0 | 0 | 0 | 1 | 15 | 22 | 33 | 34 | |
Total Assets | 0 | 0 | 0 | 1 | 1 | 2 | 16 | 23 | 34 | 37 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
0 | 0 | 1 | 4 | 10 | 20 | ||||
0 | -0 | -1 | -0 | 1 | -0 | ||||
0 | -0 | 0 | 4 | -11 | -18 | ||||
Net Cash Flow | 0 | -0 | 0 | 7 | -1 | 2 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 0 | 53 | 72 | 71 | |
Inventory Days | |||||||||
Days Payable | |||||||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 53 | 72 | 71 | |
Working Capital Days | 0 | 2 | -13 | -14 | -17 | 57 | 69 | 62 | |
ROCE % | 253% | 33% | 53% | 114% | 170% | 161% | 143% | 171% |
Documents
Announcements
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 8 Apr
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 8 Apr
-
Clarification On Submission Of Proceedings Of 9Th Annual General Meeting (AGM).
8 Apr - Dear Sir/Madam Please find attached herewith the clarification and re-submission of proceedings of 9th AGM. Thanks and Regards, Manisha Kide Company Secretary and Compliance Officer
- Closure of Trading Window 31 Mar
- Board Meeting Intimation for Approval Of Audited Standalone And Consolidated Financial Statements For The Quarter And Year Ended March 31, 2024. 31 Mar
Services
The company provides software services such as Salesforce, Machine learning, Javascript, and Penetration Testing, and also provides development of Odoo apps, Magento apps, Salesforce apps, and other iOS/Android apps. The company’s big data division provides services such as Apache Nifi, Spark, Kafka, and Cassandra. [1]