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 ₹ 1,321 Cr.
- Current Price ₹ 1,115
- High / Low ₹ 1,468 / 435
- Stock P/E 41.1
- Book Value ₹ 24.2
- Dividend Yield 2.11 %
- ROCE 170 %
- ROE 127 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company is expected to give good quarter
- Company has a good return on equity (ROE) track record: 3 Years ROE 119%
- Company has been maintaining a healthy dividend payout of 54.0%
Cons
- Stock is trading at 46.1 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|
10 | 28 | 47 | 78 | 101 | |
9 | 16 | 27 | 45 | 58 | |
Operating Profit | 1 | 12 | 20 | 33 | 43 |
OPM % | 12% | 43% | 43% | 42% | 42% |
0 | 0 | 1 | 1 | 1 | |
Interest | 0 | 0 | 0 | 0 | 0 |
Depreciation | 0 | 0 | 0 | 1 | 1 |
Profit before tax | 1 | 12 | 21 | 33 | 43 |
Tax % | 24% | 25% | 24% | 25% | |
1 | 9 | 16 | 25 | 32 | |
EPS in Rs | 7.45 | 13.40 | 20.85 | 27.07 | |
Dividend Payout % | 0% | 66% | 43% | 53% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 98% |
TTM: | 45% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 231% |
TTM: | 48% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 134% |
1 Year: | 150% |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 119% |
Last Year: | 127% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|
Equity Capital | 0 | 1 | 12 | 12 | 12 |
Reserves | 1 | 12 | 5 | 11 | 17 |
0 | 0 | 0 | 0 | 0 | |
1 | 4 | 7 | 12 | 8 | |
Total Liabilities | 2 | 17 | 24 | 34 | 37 |
1 | 1 | 1 | 1 | 2 | |
CWIP | 0 | 0 | 0 | 0 | 0 |
Investments | 0 | 0 | 0 | 0 | 0 |
1 | 16 | 23 | 33 | 35 | |
Total Assets | 2 | 17 | 24 | 34 | 37 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
1 | 5 | 10 | 21 | |
-1 | -0 | 1 | -0 | |
-0 | 3 | -12 | -19 | |
Net Cash Flow | -0 | 8 | -1 | 2 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 0 | 47 | 72 | 71 |
Inventory Days | ||||
Days Payable | ||||
Cash Conversion Cycle | 0 | 47 | 72 | 71 |
Working Capital Days | -18 | 49 | 69 | 61 |
ROCE % | 165% | 140% | 170% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 22 Mar
- Board Meeting Outcome for Board Announced 3Rd Interim Dividend. 13 Mar
-
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
7 Mar - Transcript of Investor Con Call held on 29.02.2024 Thanks and Regards, Manisha Kide Company Secretary and Compliance Officer
- Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 4 Mar
- Ksolves Got 'Salesforce-Summit (Platinum) Tier Partnership'. 1 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]