Sasken Technologies Ltd

Sasken Technologies Ltd

₹ 1,812 3.72%
31 Jul - close price
About

Established in 1989, Sasken is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-to-cognition R&D services to global leaders in Semiconductor, Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, and Transportation industries, etc.
Located in India, the company has presence all over the world

Key Points

Service Offerings:[1]
The company is a global leader in Product Engineering and Digital Transformation,
delivering concept-to-market, chip-to-
cognition R&D services for various
verticals like:
a) Semiconductor:[2]
The company offers its customers the ability
to integrate third-party solutions and perform extensive testing of the final product to ensure
a zero-defect launch.
b) Consumer Electronics:[3]
The company offers solutions across Smart TVs, Smart Speakers, Smart Home Appliances, and Mobile Phones, enabling consumer electronics manufacturers to develop next-generation devices integrated with cloud-based analytics, low-power technologies, sensors, connectivity, and tracking solutions.
c) Automotive:[4]
The company is a preferred technology
partner for OEMs and Tier-1 automotive suppliers, providing advanced solutions
in In-Vehicle Infotainment (IVI), Telematics,
and Advanced Driver Assistance Systems (ADAS). It helps automotive players address evolving industry challenges through solution accelerators across GENIVI Linux, AGL, Android IVI, ECU consolidation, Smart Mobility, C-V2X, and Body Electronics.
d) Enterprise Devices:[5]
The company enables customers in
engineering, marking, tracking, and
computer printing technologies, offering
product design and development expertise across AIDC solutions, RFID systems, industrial printers, wearables, AR devices, and smart scanning solutions.
e) SatCom:[6]
The company is one of the few globally
with end-to-end satellite phone development capabilities and has executed complete
product lifecycle R&D for 15 mobile hand
set products, covering conceptualization,
integration, productization, and production
ramp-up.
f) Telecom:[7] The company has over 30 years of telecommunications expertise, with experience in 3GPP technologies across 2G, 3G, 4G, and 5G networks.
g) Transportation: [8]
The company enables Transportation ISVs and public transport operators with digital solutions for connected back-office systems and enhanced customer experiences. It provides expertise in cloud and open API-enabled intelligent transportation platforms.
h) Industrials:[9]
The company’s ‘Chip to Cognition’ expertise enables solution accelerators that address Industrial IoT (IIoT) requirements for industrial products and manufacturing plants.

  • Market Cap 2,751 Cr.
  • Current Price 1,812
  • High / Low 2,785 / 991
  • Stock P/E 31.2
  • Book Value 534
  • Dividend Yield 1.38 %
  • ROCE 10.4 %
  • ROE 8.29 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Company has been maintaining a healthy dividend payout of 60.4%

Cons

  • Stock is trading at 3.39 times its book value
  • The company has delivered a poor sales growth of 6.29% over past five years.
  • Company has a low return on equity of 8.22% over last 3 years.
  • Earnings include an other income of Rs.35.6 Cr.

* 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

Standalone Figures in Rs. Crores / View Consolidated

Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026 Jun 2026
82 85 81 86 101 112 118 114 118 132 137 145 155
76 76 75 87 98 111 113 116 115 117 114 125 129
Operating Profit 6 10 6 -1 3 2 6 -1 3 15 23 20 26
OPM % 8% 11% 7% -1.5% 2.8% 1.3% 4.8% -1.1% 2.5% 12% 17% 14% 17%
21 19 21 23 16 19 11 16 11 9 4 8 14
Interest 0 0 0 0 0 1 1 0 0 0 0 0 1
Depreciation 2 2 2 2 2 3 3 3 3 3 3 3 3
Profit before tax 26 27 25 20 16 18 13 11 11 22 24 25 36
Tax % 10% 15% 15% 18% 9% 38% 11% -3% 14% 24% 19% 21% 21%
24 23 21 17 15 11 12 11 9 16 19 20 29
EPS in Rs 15.63 15.31 13.92 11.04 9.84 7.17 7.71 7.57 6.06 10.76 12.86 13.00 19.00
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026 TTM
347 402 390 421 415 417 392 386 351 335 446 533 570
324 371 355 369 346 330 270 269 296 314 437 471 485
Operating Profit 23 31 35 52 68 87 122 117 55 20 9 61 85
OPM % 7% 8% 9% 12% 16% 21% 31% 30% 16% 6% 2.0% 12% 15%
242 265 58 49 53 39 13 45 65 84 62 33 36
Interest 0 0 0 0 0 1 0 0 0 0 2 2 2
Depreciation 10 6 6 6 6 10 9 6 6 6 11 11 11
Profit before tax 254 290 87 95 115 116 126 156 114 98 58 81 107
Tax % 37% 28% 11% 13% 18% 29% 27% 18% 14% 14% 16% 20%
159 209 78 83 94 82 93 128 98 84 49 65 84
EPS in Rs 74.39 117.91 45.45 48.51 54.97 54.69 61.53 85.24 65.21 55.82 32.24 42.58 55.62
Dividend Payout % 36% 27% 15% 21% 23% 101% 41% 29% 38% 45% 78% 59%
Compounded Sales Growth
10 Years: 3%
5 Years: 6%
3 Years: 15%
TTM: 23%
Compounded Profit Growth
10 Years: 6%
5 Years: -9%
3 Years: -11%
TTM: 104%
Stock Price CAGR
10 Years: 18%
5 Years: 7%
3 Years: 25%
1 Year: 24%
Return on Equity
10 Years: 13%
5 Years: 11%
3 Years: 8%
Last Year: 8%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Equity Capital 21 18 17 17 17 15 15 15 15 15 15 15
Reserves 425 481 544 600 685 464 554 642 703 757 774 796
0 0 0 0 0 3 0 0 3 3 21 20
98 129 91 95 81 128 91 107 88 108 107 132
Total Liabilities 545 628 652 712 783 611 659 763 810 884 917 963
41 39 37 35 37 42 33 32 36 33 52 54
CWIP 0 0 0 0 1 0 0 0 0 0 1 0
Investments 223 387 407 487 534 358 433 559 602 685 621 620
280 202 208 190 211 211 193 172 172 166 244 289
Total Assets 545 628 652 712 783 611 659 763 810 884 917 963

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
182 246 8 57 19 107 97 102 31 44 -72 24
-118 -78 26 -37 -12 184 -84 -56 2 -0 119 23
-65 -171 -31 -18 -18 -284 -17 -41 -38 -39 -45 -45
Net Cash Flow -1 -3 3 2 -10 7 -5 5 -5 4 3 2
Free Cash Flow 179 242 4 53 12 93 95 98 25 42 -79 17
CFO/OP 1,207% 1,037% 71% 130% 47% 117% 91% 98% 56% 221% -840% 31%

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Debtor Days 64 73 65 62 65 72 55 67 63 56 76 85
Inventory Days
Days Payable
Cash Conversion Cycle 64 73 65 62 65 72 55 67 63 56 76 85
Working Capital Days 2 -7 30 15 60 8 20 8 26 -13 38 49
ROCE % 9% 11% 11% 16% 17% 19% 27% 25% 16% 13% 7% 10%

Insights

In beta
Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 Mar 2026
Total Headcount (Consolidated)
employees

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Attrition Rate (LTM Voluntary)
%
Utilization (Including Trainees)
%
Order Bookings / New Total Contract Value
$M

Extracted by Screener AI

Shareholding Pattern

Numbers in percentages

95 Recently
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
43.38% 43.44% 43.25% 43.25% 43.10% 43.11% 43.07% 43.07% 43.08% 43.08% 42.95% 42.94%
18.62% 18.52% 18.37% 18.38% 18.27% 18.48% 18.45% 18.48% 18.52% 18.87% 18.54% 19.11%
0.33% 1.09% 1.10% 1.21% 1.31% 1.31% 1.21% 1.21% 1.21% 0.66% 1.05% 1.39%
0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05% 0.05%
37.61% 36.89% 37.23% 37.11% 37.25% 37.05% 37.22% 37.19% 37.15% 37.35% 37.40% 36.49%
No. of Shareholders 28,37727,05726,12825,04324,98524,46724,07424,72124,92224,19324,14326,777

* 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.

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