Sahana Systems Ltd

Sahana Systems Ltd

₹ 963 1.32%
21 Feb - close price
About

Incorporated in 2020, "Sahana System Limited" is engaged in the business of offering IT-related services including web app development, mobile application development, AI & ML development, ChatBot development, and product prototyping.[1]

Key Points

Service Portfolio[1] Graphics designing, UI / UX design, SEO & ASO, digital marketing, website & application migration, cyber security, and outsourcing of IT services.

  • Market Cap 770 Cr.
  • Current Price 963
  • High / Low 1,131 / 136
  • Stock P/E 93.2
  • Book Value 54.0
  • Dividend Yield 0.00 %
  • ROCE 76.5 %
  • ROE 83.1 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Company has a good return on equity (ROE) track record: 3 Years ROE 77.2%

Cons

  • Stock is trading at 17.8 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Debtor days have increased from 89.8 to 109 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.

Loading peers table ...

Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Mar 2023 Sep 2023
7.19 16.95 22.13
5.02 9.45 16.76
Operating Profit 2.17 7.50 5.37
OPM % 30.18% 44.25% 24.27%
0.00 0.00 0.00
Interest 0.31 0.33 0.08
Depreciation 0.00 0.17 0.07
Profit before tax 1.86 7.00 5.22
Tax % 0.00% 38.00% 25.10%
1.86 4.35 3.91
EPS in Rs 3.34 7.81 4.89
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
6.28 3.31 12.17 24.14 39.08
5.51 2.47 9.40 14.47 26.21
Operating Profit 0.77 0.84 2.77 9.67 12.87
OPM % 12.26% 25.38% 22.76% 40.06% 32.93%
0.00 0.00 0.00 0.00 0.00
Interest 0.58 0.58 0.72 0.64 0.41
Depreciation 0.10 0.04 0.12 0.17 0.24
Profit before tax 0.09 0.22 1.93 8.86 12.22
Tax % 33.33% 31.82% 36.79% 30.02%
0.06 0.15 1.22 6.21 8.26
EPS in Rs 60.00 150.00 3.94 11.15 12.70
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 57%
TTM: 98%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 370%
TTM: 409%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 77%
Last Year: 83%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 0.01 0.01 3.10 5.57 8.00
Reserves 0.00 0.15 1.27 5.00 35.15
6.60 7.23 5.13 4.77 0.01
1.82 0.34 4.75 8.79 39.78
Total Liabilities 8.43 7.73 14.25 24.13 82.94
0.06 0.03 0.23 0.32 0.27
CWIP 0.62 0.62 0.62 0.62 0.62
Investments 0.00 0.00 0.00 0.00 15.00
7.75 7.08 13.40 23.19 67.05
Total Assets 8.43 7.73 14.25 24.13 82.94

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
-4.59 -0.08 -1.82 0.93
3.71 0.00 -0.31 0.23
0.91 0.05 2.22 -3.12
Net Cash Flow 0.03 -0.03 0.09 -1.96

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 37.78 16.54 143.96 108.86
Inventory Days 517.08 14,836.18 941.43 352.42
Days Payable 126.86 128.82 365.00 126.57
Cash Conversion Cycle 428.00 14,723.89 720.39 334.72
Working Capital Days 341.75 741.03 256.43 215.92
ROCE % 11.43% 31.38% 76.49%

Shareholding Pattern

Numbers in percentages

Jun 2023Sep 2023Dec 2023
62.88% 62.88% 62.88%
0.00% 0.00% 0.60%
37.12% 37.12% 36.52%
No. of Shareholders 586447890

* 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.

Documents