Synoptics Technologies Ltd

Synoptics Technologies Ltd

₹ 120 2.79%
22 Apr 11:06 a.m.
About

Incorporated in 2008, Synoptics Technologies
Ltd does trade in IT products and provides information & Telecom Technology networking solutions[1]

Key Points

Business Overview:[1]
a) STL is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to
the Branches, Supply, implementation and support of the network equipment needed
to run the IT setup like routers, switches etc.
b) It designs the solution for customers who need to put their applications in the Cloud, helps with the application migration and manages the setup in the cloud.
c) IT Service solutions like firewall installation and management
d) Data Centre design and solution with newer technology to optimize the investment
e) Synoptics helps organisations in their Digital journey with various use cases of specific industry verticals.

  • Market Cap 102 Cr.
  • Current Price 120
  • High / Low 238 / 97.4
  • Stock P/E 15.3
  • Book Value 74.2
  • Dividend Yield 0.00 %
  • ROCE 27.5 %
  • ROE 29.9 %
  • Face Value 10.0

Pros

  • Company has a good return on equity (ROE) track record: 3 Years ROE 25.4%

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Debtor days have increased from 109 to 148 days.
  • Working capital days have increased from 150 days to 214 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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Half Yearly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2022 Sep 2023
23.64 26.08
16.18 19.42
Operating Profit 7.46 6.66
OPM % 31.56% 25.54%
0.02 0.05
Interest 0.92 1.21
Depreciation 2.25 1.63
Profit before tax 4.31 3.87
Tax % 17.17% 18.86%
3.56 3.14
EPS in Rs 5.09 3.70
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
22.08 34.74 50.61 50.99
15.69 26.87 39.57 35.57
Operating Profit 6.39 7.87 11.04 15.42
OPM % 28.94% 22.65% 21.81% 30.24%
0.04 0.04 0.05 0.16
Interest 1.69 1.55 1.39 2.29
Depreciation 2.32 3.06 3.87 4.55
Profit before tax 2.42 3.30 5.83 8.74
Tax % 15.70% 26.36% 26.42% 24.26%
2.04 2.43 4.29 6.63
EPS in Rs 2.91 3.47 6.13 9.47
Dividend Payout % 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 32%
TTM: 1%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 48%
TTM: 55%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: %
Return on Equity
10 Years: %
5 Years: %
3 Years: 25%
Last Year: 30%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 7.00 7.00 7.00 7.00 8.48
Reserves 5.30 7.73 12.02 18.39 54.41
10.06 11.95 14.10 21.77 15.88
10.90 10.92 9.61 8.30 5.08
Total Liabilities 33.26 37.60 42.73 55.46 83.85
11.97 11.63 12.49 8.85 10.99
CWIP 0.33 0.45 1.08 3.84 0.45
Investments 0.01 0.01 0.01 0.01 0.01
20.95 25.51 29.15 42.76 72.40
Total Assets 33.26 37.60 42.73 55.46 83.85

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
1.19 2.83 5.29 -0.62
-2.08 -2.84 -5.36 -3.67
2.46 -2.12 0.83 5.48
Net Cash Flow 1.57 -2.12 0.77 1.19

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 222.50 101.60 77.89 148.32
Inventory Days 70.39 43.03 94.86 123.75
Days Payable 190.19 86.46 67.25 58.87
Cash Conversion Cycle 102.70 58.16 105.50 213.20
Working Capital Days 87.78 124.50 111.93 213.53
ROCE % 19.78% 24.15% 27.48%

Shareholding Pattern

Numbers in percentages

Sep 2023Mar 2024
73.11% 73.11%
26.89% 26.89%
No. of Shareholders 2,1332,041

Documents