Plada Infotech Services Ltd
Incorporated in 2010, Plada Infotech Services
Ltd is in the business of rendering merchant services and programme management[1]
- Market Cap ₹ 15.9 Cr.
- Current Price ₹ 18.5
- High / Low ₹ 35.0 / 16.0
- Stock P/E 6.27
- Book Value ₹ 27.8
- Dividend Yield 0.00 %
- ROCE 16.1 %
- ROE 15.8 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.67 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 9.56% over past five years.
- Tax rate seems low
- Debtor days have increased from 36.1 to 51.5 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
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|---|---|---|
| 40.03 | 50.06 | 44.42 | 48.61 | 62.03 | 63.18 | 66.91 | |
| 36.50 | 45.96 | 40.77 | 44.26 | 57.66 | 58.35 | 61.98 | |
| Operating Profit | 3.53 | 4.10 | 3.65 | 4.35 | 4.37 | 4.83 | 4.93 |
| OPM % | 8.82% | 8.19% | 8.22% | 8.95% | 7.04% | 7.64% | 7.37% |
| 0.04 | 0.06 | 0.06 | 0.08 | 0.75 | 0.50 | 0.63 | |
| Interest | 1.66 | 2.03 | 2.41 | 2.73 | 2.34 | 2.19 | 2.11 |
| Depreciation | 0.70 | 0.44 | 0.29 | 0.20 | 0.13 | 0.29 | 0.50 |
| Profit before tax | 1.21 | 1.69 | 1.01 | 1.50 | 2.65 | 2.85 | 2.95 |
| Tax % | 28.10% | 26.63% | 28.71% | 24.00% | 6.42% | 11.58% | |
| 0.87 | 1.25 | 0.72 | 1.13 | 2.48 | 2.52 | 2.53 | |
| EPS in Rs | 870.00 | 1,250.00 | 720.00 | 56.50 | 12.40 | 2.94 | 2.95 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 12% |
| TTM: | 2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 52% |
| TTM: | 2% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -41% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 21% |
| 3 Years: | 21% |
| Last Year: | 16% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 0.01 | 0.01 | 0.20 | 2.00 | 8.57 | 8.57 |
| Reserves | 3.22 | 4.47 | 5.19 | 6.14 | 6.82 | 14.52 | 15.23 |
| 7.98 | 19.21 | 19.31 | 17.70 | 16.53 | 14.28 | 14.27 | |
| 5.37 | 3.18 | 2.91 | 3.25 | 2.66 | 2.14 | 1.98 | |
| Total Liabilities | 16.58 | 26.87 | 27.42 | 27.29 | 28.01 | 39.51 | 40.05 |
| 1.25 | 0.86 | 12.48 | 12.22 | 10.39 | 12.41 | 6.52 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.95 | 0.00 |
| Investments | 0.13 | 12.43 | 0.13 | 0.14 | 0.18 | 0.18 | 10.26 |
| 15.20 | 13.58 | 14.81 | 14.93 | 17.44 | 25.97 | 23.27 | |
| Total Assets | 16.58 | 26.87 | 27.42 | 27.29 | 28.01 | 39.51 | 40.05 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| 1.19 | 3.80 | 2.27 | 4.34 | 3.63 | -1.04 | |
| -0.21 | -12.35 | 0.39 | 0.05 | 0.67 | -3.81 | |
| -2.46 | 8.71 | -1.74 | -3.97 | -3.46 | 5.08 | |
| Net Cash Flow | -1.48 | 0.16 | 0.92 | 0.43 | 0.85 | 0.23 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|
| Debtor Days | 36.29 | 31.79 | 35.33 | 30.71 | 26.24 | 51.47 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 36.29 | 31.79 | 35.33 | 30.71 | 26.24 | 51.47 |
| Working Capital Days | 82.79 | 69.19 | 82.91 | 70.81 | 68.85 | 119.18 |
| ROCE % | 21.32% | 14.19% | 17.47% | 20.21% | 16.07% |
Documents
Announcements
-
Structural Digital Database
24 April 2025 - Submission of SEBI insider trading compliance certificate for quarter ended March 31, 2025.
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
8 April 2025 - Non-applicability of corporate governance report for March 2025 quarter.
-
Updates
8 April 2025 - Clarified date error in SEBI Reg 74(5) filing and submitted dematerialization compliance certificate for FY ended March 2025
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
7 April 2025 - Share capital audit reconciliation report for quarter ended March 2025
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
3 April 2025 - Submission of Regulation 74(5) certificate for dematerialisation for FY ended March 31, 2025
Business Overview:[1]
PISL provides Business Process Outsourcing (BPO) services with a focus on delivering end- to-end solutions. It operates from 212 cities & towns across India. Company specializes in areas such as:
a) Account Management
b) Merchant Acquisition
c) Field Support
d) E-commerce
e) Business Correspondence
f) Recruitment and Payroll Management Software
g) Technology development