R S Software (India) Ltd

R S Software (India) Ltd

₹ 276 -1.99%
24 Apr 11:48 a.m.
About

Incorporated in 1987, R S Software (India)
Ltd provides development, testing and maintenance of software for its clients[1]

Key Points

Business Overview:[1][2]
RSSL provides software solution to electronic payment industries. It deals in software development, maintenance, testing and software project management under client server and web-based technologies. Their major infrastructure is located in Kolkata. After discontinuance of its contract with Visa Inc., RSSL has shifted its focus from service to product/ platform development, digital payments, in-country networks. Company operates in US and India

  • Market Cap 708 Cr.
  • Current Price 276
  • High / Low 299 / 31.0
  • Stock P/E 39.1
  • Book Value 18.9
  • Dividend Yield 0.00 %
  • ROCE 44.3 %
  • ROE 45.8 %
  • Face Value 5.00

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company is expected to give good quarter
  • Company has delivered good profit growth of 21.0% CAGR over last 5 years

Cons

  • Stock is trading at 14.6 times its book value
  • Company has a low return on equity of -4.48% over last 3 years.
  • Debtor days have increased from 43.5 to 68.6 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
8.08 9.63 7.32 6.24 4.33 4.79 4.72 8.37 12.25 11.08 10.94 19.30 18.23
12.12 11.98 10.32 10.28 7.62 8.05 8.92 8.22 9.98 8.53 9.94 9.89 12.43
Operating Profit -4.04 -2.35 -3.00 -4.04 -3.29 -3.26 -4.20 0.15 2.27 2.55 1.00 9.41 5.80
OPM % -50.00% -24.40% -40.98% -64.74% -75.98% -68.06% -88.98% 1.79% 18.53% 23.01% 9.14% 48.76% 31.82%
0.44 2.72 1.54 0.11 0.43 0.11 0.19 0.09 0.25 0.05 2.08 0.18 2.14
Interest 0.12 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.22 0.05 0.05 0.04 0.04
Depreciation 1.17 1.14 1.07 1.03 0.95 0.89 0.89 0.92 1.36 1.14 1.15 1.19 1.20
Profit before tax -4.89 -0.77 -2.53 -4.96 -3.81 -4.04 -4.90 -0.68 0.94 1.41 1.88 8.36 6.70
Tax % 0.00% 0.00% 0.00% 0.00% -98.43% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
-4.88 -0.77 -2.53 -4.96 -7.57 -4.05 -4.90 -0.68 0.94 1.41 1.88 8.37 6.71
EPS in Rs -1.80 -0.21 -0.93 -1.87 -2.88 -1.52 -1.84 -0.21 0.40 0.58 0.76 3.06 2.64
Raw PDF

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
318 382 376 190 76 63 65 60 35 28 30 60
269 305 283 186 111 108 103 97 53 40 35 41
Operating Profit 50 77 93 4 -35 -45 -37 -37 -18 -12 -5 19
OPM % 16% 20% 25% 2% -46% -71% -57% -61% -50% -44% -16% 32%
4 7 12 15 12 9 6 12 2 4 1 4
Interest 1 1 0 0 0 0 1 17 1 0 0 0
Depreciation 3 5 6 4 4 2 3 4 5 4 4 5
Profit before tax 50 77 99 14 -27 -39 -35 -45 -21 -12 -9 18
Tax % 24% 31% 32% 26% 37% 30% 18% -64% -0% -31% 0% 0%
38 54 67 11 -17 -26 -28 -74 -21 -16 -9 18
EPS in Rs 15.67 20.93 26.22 4.13 -6.35 -10.04 -10.56 -27.99 -7.80 -5.89 -3.17 7.04
Dividend Payout % 11% 14% 12% 24% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -17%
5 Years: -2%
3 Years: 19%
TTM: 98%
Compounded Profit Growth
10 Years: -10%
5 Years: 21%
3 Years: 42%
TTM: 309%
Stock Price CAGR
10 Years: 10%
5 Years: 56%
3 Years: 119%
1 Year: 787%
Return on Equity
10 Years: -9%
5 Years: -34%
3 Years: -4%
Last Year: 46%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 12 13 13 13 13 13 13 13 13 13 13 13
Reserves 112 163 211 216 201 175 146 64 43 26 18 36
0 0 0 0 1 0 0 0 8 0 2 2
19 26 20 26 16 16 17 11 8 9 10 18
Total Liabilities 143 201 244 255 231 203 176 89 72 48 43 68
12 18 12 9 8 13 12 20 15 10 10 10
CWIP 0 1 1 1 6 0 6 0 0 0 0 0
Investments 30 54 66 70 101 64 45 18 5 8 1 0
101 129 165 175 116 126 112 51 52 29 32 58
Total Assets 143 201 244 255 231 203 176 89 72 48 43 68

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
8 53 61 19 -39 -37 -30 -41 -15 9 -10 16
2 -33 -10 10 -23 43 17 34 15 -2 6 -0
-4 -6 -11 -4 -3 -0 -1 -3 -1 -8 0 0
Net Cash Flow 6 14 40 24 -64 7 -14 -9 -1 -1 -3 16

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 44 45 46 34 67 58 34 35 106 51 11 69
Inventory Days 0 0 0 0
Days Payable
Cash Conversion Cycle 44 45 46 34 67 58 34 35 106 51 11 69
Working Capital Days 32 31 44 20 102 89 102 134 250 100 134 94
ROCE % 47% 51% 49% 3% -15% -22% -21% -27% -31% -23% -24%

Shareholding Pattern

Numbers in percentages

11 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
40.67% 40.67% 40.67% 40.67% 40.67% 40.67% 40.67% 40.67% 40.67% 40.67% 40.67% 40.67%
1.95% 1.95% 2.22% 2.21% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 1.95% 0.99%
0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01% 0.01%
57.32% 57.32% 57.04% 57.06% 57.32% 57.33% 57.31% 57.31% 57.33% 57.31% 57.31% 58.28%
No. of Shareholders 25,65725,28726,52127,83727,81127,21226,85626,42725,37723,81122,93321,555

* 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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