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 ₹ 1,076 Cr.
- Current Price ₹ 907
- High / Low ₹ 960 / 320
- Stock P/E 43.5
- Book Value ₹ 18.9
- Dividend Yield 1.71 %
- ROCE 168 %
- ROE 126 %
- 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 118%
- Company has been maintaining a healthy dividend payout of 49.3%
Cons
- Stock is trading at 48.0 times its book value
* 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 | |
|---|---|---|---|---|
| 10 | 28 | 47 | 78 | |
| 9 | 16 | 27 | 45 | |
| Operating Profit | 1 | 12 | 20 | 33 |
| OPM % | 12% | 43% | 43% | 42% |
| 0 | 0 | 1 | 1 | |
| Interest | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 |
| Profit before tax | 1 | 12 | 21 | 33 |
| Tax % | 24% | 25% | 24% | 25% |
| Net Profit | 1 | 9 | 16 | 25 |
| EPS in Rs | 7.45 | 13.27 | 20.85 | |
| Dividend Payout % | 0% | 66% | 43% | 38% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 98% |
| TTM: | 66% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 231% |
| TTM: | 57% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 165% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 118% |
| Last Year: | 126% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 0 | 1 | 12 | 12 | |
| Reserves | 1 | 12 | 5 | 11 |
| 0 | 0 | 0 | 0 | |
| 1 | 4 | 7 | 12 | |
| Total Liabilities | 2 | 17 | 24 | 34 |
| 1 | 1 | 1 | 1 | |
| CWIP | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 |
| 1 | 16 | 23 | 33 | |
| Total Assets | 2 | 17 | 24 | 34 |
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% | 137% | 168% |
Documents
Announcements
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - With reference to the above-mentioned subject, please find attached herewith the Secretarial Compliance Report pursuant to Regulation 24A of the SEBI (Listing Obligation and Disclosure …
-
Announcement under Regulation 30 (LODR)-Investor Presentation
9 May - With reference to the above-captioned subject, please find herewith, enclosed the Investor Presentation by the Company. The aforesaid Investor Presentation is also being disseminated on …
- Ksolves Announces The Opening Of Its 4Th Delivery Centre, Situated In Ahmedabad, India. 4 May
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
30 Apr - With reference to the above-mentioned subject, please find the attached Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 received from 'Bigshare Services …
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 30 Apr
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]