Quicktouch Technologies Ltd

Quicktouch Technologies Ltd

₹ 108 -2.97%
13 Dec - close price
About

Incorporated in 2013, Quicktouch Technologies Ltd specializes in software development, with a primary
focus on educational solutions[1]

Key Points

Business Overview:[1]
a) QTTL is an IT solutions provider specializing in design and engineering.
b) It offers expertise in software design, development, customization, implementation, maintenance, testing, benchmarking, and commercial training.
c) The company also undertakes IT assignments on a subcontracting basis, collaborating with other companies.
d) It provides maintenance of computer hardware and systems, including data processor assembly and program design.
e) QTTL is involved in buying, selling, and dealing in IT-enabled goods, hardware, and software components.
f) To date, the company has worked with 528 clients and completed 234 projects.

  • Market Cap 68.1 Cr.
  • Current Price 108
  • High / Low 257 / 105
  • Stock P/E 9.30
  • Book Value 230
  • Dividend Yield 0.00 %
  • ROCE 15.3 %
  • ROE 14.1 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Stock is trading at 0.47 times its book value
  • Company has delivered good profit growth of 117% CAGR over last 5 years
  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.8%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -7.42%
  • Company has high debtors of 162 days.
  • Working capital days have increased from 30.6 days to 139 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: Trading Industry: Trading

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
42.74 11.38 34.98 41.74 33.91 41.70 23.78
41.47 9.86 30.86 38.04 32.35 39.38 20.80
Operating Profit 1.27 1.52 4.12 3.70 1.56 2.32 2.98
OPM % 2.97% 13.36% 11.78% 8.86% 4.60% 5.56% 12.53%
0.01 0.03 0.55 -0.07 0.89 0.71 0.85
Interest 0.02 0.03 0.19 0.20 0.23 0.27 0.28
Depreciation 0.68 0.76 0.65 0.73 0.91 0.74 1.03
Profit before tax 0.58 0.76 3.83 2.70 1.31 2.02 2.52
Tax % 17.24% 26.32% 25.85% 5.56% 10.69% 16.83% 23.81%
0.48 0.56 2.84 2.55 1.17 1.68 1.92
EPS in Rs 1.13 0.97 4.91 4.41 2.02 2.70 3.04
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
1 3 7 25 88 122 141
1 2 6 22 77 111 131
Operating Profit 0 1 2 4 11 11 11
OPM % 32% 27% 23% 15% 13% 9% 7%
0 0 0 0 0 1 2
Interest 0 0 0 0 0 1 1
Depreciation 0 0 1 1 3 3 3
Profit before tax 0 0 1 3 9 9 9
Tax % 26% 26% 7% 19% 25% 21%
0 0 1 2 6 7 7
EPS in Rs 0.14 0.23 0.53 11.63 15.04 11.71 12.17
Dividend Payout % 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 144%
3 Years: 156%
TTM: 39%
Compounded Profit Growth
10 Years: %
5 Years: 117%
3 Years: 134%
TTM: 6%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: -46%
Return on Equity
10 Years: %
5 Years: 26%
3 Years: 26%
Last Year: 14%

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 1 1 1 2 4 6 10
Reserves 0 0 1 2 9 77 136
0 1 1 1 2 23 11
0 4 4 12 32 11 9
Total Liabilities 2 6 7 17 47 116 166
1 0 0 9 7 8 22
CWIP 0 0 0 0 0 1 0
Investments 0 0 0 0 0 1 1
1 6 7 7 39 106 144
Total Assets 2 6 7 17 47 116 166

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0 0 3 7 -1 -12
-0 -0 -3 -7 -1 -7
0 0 1 -1 3 65
Net Cash Flow -0 -0 0 -0 1 45

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 123 178 109 95 150 162
Inventory Days 0
Days Payable
Cash Conversion Cycle 123 178 109 95 150 162
Working Capital Days 60 -232 -33 -69 22 139
ROCE % 20% 22% 71% 87% 15%

Shareholding Pattern

Numbers in percentages

Apr 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024
65.74% 65.74% 65.74% 65.74% 61.00% 52.67% 47.80%
0.10% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
34.15% 34.25% 34.26% 34.26% 39.00% 47.33% 52.20%
No. of Shareholders 6594256548851,1071,4711,493

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

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