Sasken Technologies Ltd
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
- Market Cap ₹ 2,306 Cr.
- Current Price ₹ 1,530
- High / Low ₹ 1,834 / 776
- Stock P/E 29.3
- Book Value ₹ 499
- Dividend Yield 1.63 %
- ROCE 17.1 %
- ROE 13.8 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 33.3%
Cons
- The company has delivered a poor sales growth of -2.33% over past five years.
- Earnings include an other income of Rs.58.3 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.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
520 | 475 | 458 | 428 | 483 | 467 | 503 | 504 | 492 | 445 | 434 | 447 | 400 | |
443 | 433 | 405 | 745 | 436 | 417 | 434 | 433 | 404 | 314 | 305 | 346 | 357 | |
Operating Profit | 76 | 42 | 53 | -317 | 47 | 50 | 69 | 71 | 88 | 131 | 129 | 101 | 43 |
OPM % | 15% | 9% | 12% | -74% | 10% | 11% | 14% | 14% | 18% | 29% | 30% | 23% | 11% |
26 | 18 | 32 | 544 | 249 | 53 | 36 | 46 | 36 | 29 | 35 | 30 | 58 | |
Interest | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 |
Depreciation | 22 | 19 | 13 | 11 | 7 | 7 | 6 | 7 | 11 | 10 | 7 | 7 | 7 |
Profit before tax | 80 | 40 | 72 | 216 | 290 | 96 | 100 | 111 | 112 | 149 | 158 | 124 | 94 |
Tax % | 20% | 20% | 29% | 45% | 29% | 12% | 17% | 18% | 30% | 23% | 19% | 20% | |
64 | 32 | 51 | 120 | 206 | 85 | 82 | 90 | 79 | 115 | 128 | 99 | 79 | |
EPS in Rs | 24.61 | 15.18 | 24.19 | 56.01 | 116.42 | 49.50 | 48.17 | 52.85 | 52.38 | 76.11 | 85.21 | 66.09 | 52.22 |
Dividend Payout % | 28% | 46% | 132% | 48% | 27% | 14% | 21% | 24% | 105% | 33% | 29% | 38% |
Compounded Sales Growth | |
---|---|
10 Years: | -1% |
5 Years: | -2% |
3 Years: | -3% |
TTM: | -12% |
Compounded Profit Growth | |
---|---|
10 Years: | 12% |
5 Years: | 3% |
3 Years: | 7% |
TTM: | -28% |
Stock Price CAGR | |
---|---|
10 Years: | 23% |
5 Years: | 19% |
3 Years: | 21% |
1 Year: | 96% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 16% |
3 Years: | 18% |
Last Year: | 14% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 26 | 21 | 21 | 21 | 18 | 17 | 17 | 17 | 15 | 15 | 15 | 15 | 15 |
Reserves | 433 | 401 | 383 | 426 | 481 | 544 | 604 | 681 | 460 | 550 | 638 | 704 | 736 |
4 | 1 | 1 | 1 | 1 | 0 | 0 | 0 | 4 | 0 | 0 | 3 | 4 | |
95 | 80 | 93 | 111 | 137 | 101 | 113 | 96 | 144 | 104 | 117 | 100 | 89 | |
Total Liabilities | 558 | 504 | 498 | 559 | 638 | 662 | 734 | 794 | 623 | 669 | 771 | 823 | 844 |
136 | 123 | 127 | 42 | 40 | 38 | 37 | 40 | 44 | 34 | 34 | 39 | 37 | |
CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 0 | 0 | 0 | 0 |
Investments | 167 | 139 | 134 | 195 | 351 | 374 | 459 | 510 | 340 | 412 | 539 | 582 | 614 |
256 | 242 | 237 | 321 | 246 | 250 | 237 | 243 | 239 | 222 | 198 | 202 | 194 | |
Total Assets | 558 | 504 | 498 | 559 | 638 | 662 | 734 | 794 | 623 | 669 | 771 | 823 | 844 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
53 | 45 | 64 | 191 | 249 | 28 | 79 | 20 | 112 | 119 | 107 | 71 | |
-20 | 50 | 9 | -137 | -79 | 18 | -54 | -28 | 171 | -98 | -70 | -27 | |
-39 | -86 | -72 | -65 | -174 | -31 | -18 | -18 | -282 | -17 | -39 | -37 | |
Net Cash Flow | -6 | 9 | 1 | -11 | -4 | 15 | 6 | -26 | 1 | 5 | -2 | 8 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 72 | 69 | 74 | 60 | 73 | 61 | 57 | 60 | 69 | 55 | 69 | 59 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 72 | 69 | 74 | 60 | 73 | 61 | 57 | 60 | 69 | 55 | 69 | 59 |
Working Capital Days | 40 | 48 | 41 | 6 | 7 | 32 | 14 | 56 | 12 | 19 | 11 | 19 |
ROCE % | 16% | 9% | 16% | -9% | 11% | 13% | 17% | 17% | 19% | 28% | 25% | 17% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Trading Plan under SEBI (PIT) Regulations, 2015
2d - Trading plan received from Mr. Priyaranjan, Chief Financial Officer of the Company as approved.
-
Announcement under Regulation 30 (LODR)-Acquisition
20 Mar - The Board of the Company have considered and approved a proposal for making a strategic investment not exceeding Rs. 50 crores either directly or by …
- Closure of Trading Window 16 Mar
-
Announcement under Regulation 30 (LODR)-Change in Management
4 Mar - Mr. Ken Yaguchi has been appointed as President, Sasken Japan Branch (Senior Management Personnel) effective 4th March 2024. Please take the same on record.
- Intimation Regarding Submission Of Application For Listing Of Equity Shares Issued Pursuant To Exercise Of Stock Options (Restricted Stock Units) 21 Feb
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from nse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2011
from nse
Services Offered
The company helps its clients in digitalization, modernization and also launching of industrial products through Product Engineering. The services offered by the company are in the below mentioned verticals -
a) Semiconductor: 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. [1]
b) Consumer Electronics: Product offerings include Smart TV, Smart Speakers, Smart Home Appliances, and Mobile Phones. Sasken is helping customers in the Consumer Electronics industry to build next-gen devices equipped with cloud-based analytics along with low power tech such as sensors, connectivity and tracking solutions. [2]
c) Automotive: Sasken helps several leading OEMs & Tier-1s with business solutions in the IVI, Telematics, and ADAS areas. It enables Automotive OEMs and Tier-1s to address challenges like increasing complexity, time-to-market, cost pressure, rising demand for more multimedia and connectivity capabilities, active and autonomous safety. [3]
d) Enterprise Devices: The company offers hardware and software development, device and platform testing, mobility solutions and Android services. [4]
e) SatCom: One of the few companies in the world to develop and maintain end-to-end satellite phones. [5]
f) Telecom: The company has more than 30 years of expertise in telecommunications with 3GPP technology experience in 2G/3G/4G/5G. [6]
g) Transportation: Sasken has proven expertise with cloud and open API enablement for intelligent transportation platforms. Its expertise in Azure and AWS has helped it to enable 30% cost savings with cloud infrastructure usage for a European Public Transport ISV. [7]
h) Industrials: Sasken’s expertise in ‘Chip to Cognition’ technologies has enabled multiple solution accelerators, which address overall IIoT enablement needs of Industrial products and manufacturing plants. [8]