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 ₹ 520 Cr.
- Current Price ₹ 439
- High / Low ₹ 519 / 320
- Stock P/E 23.6
- Book Value ₹ 15.3
- Dividend Yield 3.53 %
- ROCE 140 %
- ROE 106 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Stock is providing a good dividend yield of 3.53%.
- Company is expected to give good quarter
- Company has delivered good profit growth of 277% CAGR over last 5 years
- Company has a good return on equity (ROE) track record: 3 Years ROE 111%
- Company has been maintaining a healthy dividend payout of 39.6%
Cons
- Stock is trading at 28.6 times its book value
- Working capital days have increased from 36.1 days to 69.0 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
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 | TTM | |
---|---|---|---|---|---|---|---|---|---|
0 | 2 | 2 | 3 | 5 | 8 | 24 | 45 | 68 | |
0 | 2 | 2 | 3 | 5 | 7 | 13 | 26 | 39 | |
Operating Profit | 0 | 0 | 0 | 0 | 0 | 1 | 11 | 19 | 30 |
OPM % | 12% | 4% | 4% | 6% | 13% | 45% | 42% | 43% | |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | |
Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Profit before tax | 0 | 0 | 0 | 0 | 0 | 1 | 11 | 20 | 29 |
Tax % | 32% | 40% | 40% | 27% | 24% | 25% | 24% | ||
Net Profit | 0 | 0 | 0 | 0 | 0 | 1 | 8 | 15 | 22 |
EPS in Rs | 6.64 | 12.88 | 18.56 | ||||||
Dividend Payout % | 0% | 0% | 0% | 97% | 0% | 74% | 45% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | 93% |
3 Years: | 103% |
TTM: | 73% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 277% |
3 Years: | 357% |
TTM: | 54% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | 29% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | 110% |
3 Years: | 111% |
Last Year: | 106% |
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 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|
0 | 0 | 0 | 0 | 0 | 0 | 1 | 12 | 12 | |
Reserves | 0 | 0 | 0 | 0 | 0 | 1 | 11 | 5 | 6 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
0 | 0 | 0 | 0 | 0 | 1 | 3 | 7 | 6 | |
Total Liabilities | 0 | 0 | 0 | 1 | 1 | 2 | 16 | 23 | 24 |
0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 |
0 | 0 | 0 | 0 | 0 | 1 | 15 | 22 | 23 | |
Total Assets | 0 | 0 | 0 | 1 | 1 | 2 | 16 | 23 | 24 |
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 | |
---|---|---|---|---|---|---|---|---|
0 | 0 | 1 | 4 | 10 | ||||
0 | -0 | -1 | -0 | 1 | ||||
0 | -0 | 0 | 4 | -11 | ||||
Net Cash Flow | 0 | -0 | 0 | 7 | -1 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|
Debtor Days | 0 | 0 | 0 | 0 | 0 | 53 | 72 | |
Inventory Days | ||||||||
Days Payable | ||||||||
Cash Conversion Cycle | 0 | 0 | 0 | 0 | 0 | 53 | 72 | |
Working Capital Days | 0 | 2 | -13 | -14 | -17 | 57 | 69 | |
ROCE % | 253% | 33% | 53% | 114% | 170% | 161% | 140% |
Documents
Announcements
- Closure of Trading Window 17 Mar
- Board Meeting Intimation for Declaration Of Audited Financial Results For The Quarter And Year Ended March 31, 2023 And Recommendation Of Final Dividend For FY 2022-23. 17 Mar
- Fixes Record Date For The Purpose Of 3Rd Interim Dividend FY 2022-23. 22 Feb
- Board Meeting Outcome for Declaration Of 3Rd Interim Dividend Of Rs.3 Per Share For FY 2022-23 22 Feb
- Closure of Trading Window 15 Feb
Services
The company provides software services such as Salesforce, Machine learning, Javascript, 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]