Systango Technologies Ltd
Incorporated in 2007, Systango
Technologies Ltd deals in supplying
Software and Development Services[1]
- Market Cap ₹ 428 Cr.
- Current Price ₹ 291
- High / Low ₹ 408 / 154
- Stock P/E 24.1
- Book Value ₹ 47.4
- Dividend Yield 0.00 %
- ROCE 41.2 %
- ROE 34.9 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 42.6%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 23.8 to 45.1 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.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | TTM | |
|---|---|---|---|---|---|
| 14 | 23 | 33 | 52 | 57 | |
| 11 | 16 | 25 | 36 | 39 | |
| Operating Profit | 3 | 7 | 8 | 16 | 17 |
| OPM % | 22% | 29% | 23% | 30% | 31% |
| 0 | 1 | 1 | 1 | 4 | |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 1 | 1 | 1 |
| Profit before tax | 3 | 7 | 8 | 17 | 21 |
| Tax % | 14% | 16% | 16% | 16% | |
| 3 | 6 | 7 | 14 | 18 | |
| EPS in Rs | 45.82 | 2.10 | 2.53 | 9.54 | 12.11 |
| Dividend Payout % | 109% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 54% |
| TTM: | 47% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 78% |
| TTM: | 127% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 68% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 43% |
| Last Year: | 35% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 3 | 3 | 15 | 15 |
| Reserves | 4 | 8 | 15 | 47 | 55 |
| 0 | 0 | 0 | 1 | 1 | |
| 3 | 5 | 5 | 7 | 7 | |
| Total Liabilities | 7 | 15 | 22 | 69 | 77 |
| 1 | 1 | 2 | 3 | 4 | |
| CWIP | 0 | 0 | 0 | 1 | 0 |
| Investments | 4 | 10 | 11 | 15 | 51 |
| 2 | 4 | 9 | 50 | 21 | |
| Total Assets | 7 | 15 | 22 | 69 | 77 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 4 | 7 | 3 | 4 | |
| -3 | -6 | -1 | -6 | |
| -1 | -0 | 1 | 32 | |
| Net Cash Flow | 0 | 1 | 3 | 30 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 0 | 0 | 3 | 45 |
| Inventory Days | ||||
| Days Payable | ||||
| Cash Conversion Cycle | 0 | 0 | 3 | 45 |
| Working Capital Days | -50 | -53 | -21 | 44 |
| ROCE % | 90% | 56% | 41% |
Business Overview:[1][2]
STI is an ISO 27001 & ISO 9001 certified
digital engineering services company
with 3 offices in the USA, UK, and India. It
provides software solutions that enable companies to design, implement and
manage their own Customized Digital
Platforms including Web2, Web3 and
Mobile applications; with an emphasis on
data and analytics