Softtech Engineers Ltd

Softtech Engineers Ltd

₹ 459 4.99%
29 May - close price
About

Incorporated in 1996, SoftTech Engineers Ltd is in the business of design, development, installation and servicing of information technology related resource[1]

Key Points

Business Overview:[1][2]
STEL develops software and intellectual property in architecture, engineering, and construction (AEC) domains. Their products cater to the entire lifecycle of construction, i.e., from planning a layout, approval for the same, budgeting, area calculation, execution of the plan, etc. It has an 80% market share in India in its domain.[3]

  • Market Cap 636 Cr.
  • Current Price 459
  • High / Low 470 / 213
  • Stock P/E 66.4
  • Book Value 135
  • Dividend Yield 0.00 %
  • ROCE 7.63 %
  • ROE 5.22 %
  • Face Value 10.0

Pros

  • Company is expected to give good quarter
  • Company has delivered good profit growth of 20.7% CAGR over last 5 years
  • Debtor days have improved from 162 to 98.3 days.
  • Company's working capital requirements have reduced from 138 days to 95.6 days

Cons

  • Stock is trading at 3.40 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 18.9%
  • Company has a low return on equity of 4.50% over last 3 years.
  • Promoter holding has decreased over last 3 years: -21.6%

* 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

Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
18.28 18.81 18.70 18.36 22.74 19.74 22.93 20.83 29.86 25.79 25.71 31.25 45.55
11.78 13.45 12.06 12.22 16.15 12.83 16.49 14.45 24.46 18.11 18.11 22.60 35.09
Operating Profit 6.50 5.36 6.64 6.14 6.59 6.91 6.44 6.38 5.40 7.68 7.60 8.65 10.46
OPM % 35.56% 28.50% 35.51% 33.44% 28.98% 35.01% 28.09% 30.63% 18.08% 29.78% 29.56% 27.68% 22.96%
0.38 0.57 0.54 0.62 0.89 0.52 0.69 0.38 0.54 1.23 1.58 1.07 1.61
Interest 1.18 1.20 1.20 1.06 1.10 1.27 1.31 1.27 1.05 1.07 1.09 1.02 0.90
Depreciation 2.81 3.27 3.41 3.24 3.51 4.00 4.03 4.00 4.30 5.65 5.65 5.66 5.86
Profit before tax 2.89 1.46 2.57 2.46 2.87 2.16 1.79 1.49 0.59 2.19 2.44 3.04 5.31
Tax % 47.40% 23.29% 26.85% 25.61% 25.44% 26.39% 27.93% 30.20% 61.02% 26.03% 32.79% 25.33% 24.11%
1.53 1.12 1.88 1.83 2.14 1.59 1.29 1.04 0.22 1.63 1.64 2.27 4.03
EPS in Rs 1.51 1.10 1.85 1.43 1.67 1.24 1.01 0.75 0.16 1.18 1.18 1.64 2.91
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
35 44 47 52 63 58 42 57 65 79 93 128
28 33 34 36 47 42 28 41 44 54 68 94
Operating Profit 7 11 13 15 16 15 13 16 21 25 25 34
OPM % 21% 25% 28% 30% 25% 27% 32% 29% 33% 32% 27% 27%
1 0 0 0 1 1 1 2 2 3 2 5
Interest 1 2 2 2 2 2 3 3 4 5 5 4
Depreciation 3 4 4 4 4 4 6 8 10 13 16 23
Profit before tax 3 6 7 10 11 11 5 8 9 9 6 13
Tax % 39% 34% 33% 29% 29% 29% 29% 25% 33% 26% 31% 26%
2 4 5 7 8 8 4 6 6 7 4 10
EPS in Rs 8.21 10.27 13.96 9.63 8.27 8.18 3.99 5.69 5.71 5.44 3.00 6.91
Dividend Payout % 6% 5% 0% 5% 6% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 11%
5 Years: 25%
3 Years: 25%
TTM: 37%
Compounded Profit Growth
10 Years: 10%
5 Years: 21%
3 Years: 19%
TTM: 116%
Stock Price CAGR
10 Years: %
5 Years: 38%
3 Years: 49%
1 Year: 31%
Return on Equity
10 Years: 7%
5 Years: 5%
3 Years: 5%
Last Year: 5%

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 3 4 4 7 9 9 9 10 10 13 14 14
Reserves 18 21 27 30 52 59 63 78 99 121 166 173
11 18 17 15 16 28 37 35 48 38 42 39
8 14 12 16 9 12 14 14 12 31 37 42
Total Liabilities 40 57 60 68 85 109 123 137 169 204 259 268
10 8 9 9 9 11 25 32 43 50 68 100
CWIP 1 4 2 4 5 6 3 4 5 17 16 0
Investments 0 0 0 0 11 10 8 9 17 25 22 31
28 45 49 56 60 82 87 92 104 112 152 136
Total Assets 40 57 60 68 85 109 123 137 169 204 259 268

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
9 8 4 -5 7 13 9 22 31
-5 -4 -19 -7 -8 -17 -27 -27 -67
-4 -5 15 10 1 5 18 4 37
Net Cash Flow 1 -1 0 -1 -0 1 -0 -0 0
Free Cash Flow 6 3 -1 -12 -5 -4 -8 0 -5
CFO/OP 97% 73% 53% -21% 74% 97% 53% 90% 133%

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 191 184 139 154 109 227 293 185 146 215 171 98
Inventory Days 0 0 0 0 0 0 0 0 0 0 27 55
Days Payable 445 256
Cash Conversion Cycle 191 184 139 154 109 227 293 185 146 215 -246 -102
Working Capital Days 157 130 132 152 172 280 407 294 238 181 136 96
ROCE % 17% 20% 22% 24% 20% 15% 8% 9% 9% 8% 6% 8%

Insights

In beta
Mar 2016 Mar 2017 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2024 Mar 2025
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Debtors Collection Period (including unbilled)
Days
Operating Cycle
Days
Cities and ULBs Served
Number
Order Book to TOI Ratio
x
Order Book
INR Cr
Recurring Revenue Share
%
Platform Users
Number

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Shareholding Pattern

Numbers in percentages

6 Recently
Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026
40.44% 40.44% 32.05% 32.05% 20.35% 20.35% 18.89% 18.89% 18.89% 18.84% 18.84% 18.89%
0.09% 0.09% 0.08% 0.08% 0.07% 0.07% 0.07% 0.07% 0.05% 0.00% 0.00% 0.00%
59.45% 59.46% 67.87% 67.89% 79.58% 79.58% 81.03% 81.04% 81.07% 81.16% 81.15% 81.12%
No. of Shareholders 2,1371,9932,6442,1552,1222,5562,8852,7112,8732,7232,6422,552

* 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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