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 ₹ 1,308 Cr.
- Current Price ₹ 1,103
- High / Low ₹ 1,448 / 357
- Stock P/E 44.9
- Book Value ₹ 24.3
- Dividend Yield 2.13 %
- 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 45.5 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 | 92 | |
0 | 2 | 2 | 3 | 5 | 7 | 13 | 26 | 44 | 54 | |
Operating Profit | 0 | 0 | 0 | 0 | 0 | 1 | 11 | 20 | 33 | 39 |
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 | 39 |
Tax % | 32% | 40% | 40% | 27% | 24% | 25% | 24% | 25% | ||
0 | 0 | 0 | 0 | 0 | 1 | 8 | 15 | 25 | 29 | |
EPS in Rs | 6.64 | 13.02 | 20.98 | 24.57 | ||||||
Dividend Payout % | 0% | 0% | 0% | 97% | 0% | 74% | 44% | 52% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 87% |
3 Years: | 112% |
TTM: | 54% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 234% |
3 Years: | 234% |
TTM: | 46% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 176% |
1 Year: | 154% |
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
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 27 Nov
- Announcement under Regulation 30 (LODR)-Investor Presentation 24 Nov
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 30 Oct
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
20 Oct - News paper publication of un-audited financial results for the quarter ended September 30, 2023.
- Key Highlights Of Financials And Management Commentary For Q2 FY 2023-24 15 Oct
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]