BSE: 511712 | NSE: | Finance - Stock Broking | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Relic Technologies Ltd is a below average quality company.
The key valuation ratios of Relic Technologies Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Relic Technologies Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | -0.5% | 1.1% | 0.6% | 0.5% | 4.1% | 19.3% | 2.9% | 6.9% | 7.2% | 3.6% | - |
| Value Creation Index ⓘ | -1.0 | -0.9 | -1.0 | -1.0 | -0.7 | 0.4 | -0.8 | -0.5 | -0.5 | -0.7 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||||||
| Sales ⓘ | 0.7 | 0.9 | 0.9 | 0.8 | 1.2 | 2.2 | 1 | 1.3 | 1.7 | 1.5 | 1 |
| Sales YoY Gr. | - | 26% | -4.4% | -4.6% | 36.9% | 94.8% | -55.8% | 32.3% | 31.3% | -15.7% | - |
| Adj EPS ⓘ | -0.1 | 0.1 | 0 | 0 | 0.5 | 2.8 | 0.4 | 1.1 | 1.2 | 0.6 | -1 |
| YoY Gr. | - | NA | -66.7% | -25% | 1666.7% | 428.3% | -84.3% | 145.5% | 12% | -47.1% | - |
| BVPS (₹) ⓘ | 11 | 11.2 | 11.2 | 11.2 | 11.7 | 14.5 | 14.9 | 16 | 17.4 | 18 | 17.3 |
| Adj Net Profit ⓘ | 0 | 0 | 0 | 0 | 0.2 | 1 | 0.2 | 0.4 | 0.4 | 0.2 | 0 |
| Cash Flow from Ops. ⓘ | 0.2 | 0 | 0.3 | 0.2 | 0.1 | 1.8 | -0.4 | 0.1 | 0 | 0.2 | - |
| Debt/CF from Ops. ⓘ | 6.7 | 79.8 | 3.6 | 4.6 | 5.1 | 0.2 | -0.4 | 0.3 | 0 | 0 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 7.9% | 4.8% | 13.6% | -15.7% | ||||
| Adj EPS ⓘ | NA | 3.8% | 13.3% | -47.1% | ||||
| BVPSⓘ | 5.6% | 8.9% | 6.4% | 3% | ||||
| Share Price | 11.6% | 19.8% | 7% | -4.2% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -0.8 | 1.1 | 0.4 | 0.3 | 4.6 | 21.4 | 3 | 7 | 7.2 | 3.6 | -5.4 |
| Op. Profit Mgn % ⓘ | 39.4 | 28 | 19.4 | 21.9 | 36.9 | 68.9 | 26.9 | 34.6 | 31.9 | 24.3 | -11.7 |
| Net Profit Mgn % ⓘ | -4.5 | 4.6 | 1.6 | 1.4 | 16.6 | 45.1 | 15.9 | 29.7 | 25.2 | 15.7 | -24.7 |
| Debt to Equity ⓘ | 0.3 | 0.3 | 0.2 | 0.2 | 0.2 | 0.1 | 0 | 0 | 0 | 0 | - |
| Working Cap Days ⓘ | 1,489 | 1,199 | 1,254 | 1,138 | 737 | 363 | 742 | 510 | 344 | 364 | 782 |
| Cash Conv. Cycle ⓘ | 370 | 268 | 230 | 174 | 106 | 53 | 142 | 105 | 74 | 79 | 745 |
Sales growth is growing at healthy rate in last 3 years 13.56%
Return on Equity is Poor
Sales growth is not so good in last 4 quarters at -11.25%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | -1 | -1 |
| TTM Sales (₹ Cr.) | 1.4 | 1.4 |
| BVPS (₹.) ⓘ | 17.3 | 15.9 |
| Reserves (₹ Cr.) ⓘ | 3 | 2 |
| P/BV ⓘ | 0.97 | 1.05 |
| PE ⓘ | 0.00 | 0.00 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 14.61 / 24.23 |
| All Time Low / High (₹) | 0.89 / 85.00 |
| Market Cap (₹ Cr.) | 6.1 |
| Equity (₹ Cr.) | 3.6 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 26.9 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income | 0.75 | 0.95 | 0.93 | 0.89 | 1.20 | 2.28 | 1.05 | 1.39 | 1.83 | 1.57 |
| Interest Income | 0.73 | 0.92 | 0.88 | 0.84 | 1.15 | 2.24 | 0.99 | 1.31 | 1.72 | 1.45 |
| Other Income ⓘ | 0.02 | 0.04 | 0.05 | 0.05 | 0.05 | 0.04 | 0.06 | 0.08 | 0.11 | 0.11 |
| Expenditure ⓘ | 0.55 | 0.82 | 0.90 | 0.86 | 0.91 | 0.87 | 0.85 | 0.92 | 1.28 | 1.23 |
| Interest Expense ⓘ | 0.01 | 0.02 | 0.02 | 0.02 | 0.02 | 0.01 | 0.01 | 0 | 0 | 0 |
| Operating Expenses ⓘ | 0.54 | 0.79 | 0.88 | 0.82 | 0.88 | 0.80 | 0.84 | 0.91 | 1.19 | 1.23 |
| Provisions | 0 | 0 | 0 | 0.02 | 0.01 | 0.05 | 0 | 0 | 0.08 | 0 |
| Exceptional Items ⓘ | -0.25 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -0.05 | 0.14 | 0.03 | 0.03 | 0.28 | 1.41 | 0.20 | 0.47 | 0.56 | 0.34 |
| Taxes ⓘ | -0.02 | 0.09 | 0.02 | 0.02 | 0.09 | 0.40 | 0.05 | 0.08 | 0.12 | 0.11 |
| Profit After Tax | -0.03 | 0.04 | 0.01 | 0.01 | 0.19 | 1.01 | 0.16 | 0.39 | 0.43 | 0.23 |
| Adjusted EPS (₹) | -0.1 | 0.1 | 0.0 | 0.0 | 0.5 | 2.8 | 0.4 | 1.1 | 1.2 | 0.6 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Equity Capital | 3.98 | 4.02 | 4.03 | 4.02 | 4.21 | 5.22 | 5.37 | 5.77 | 6.27 | 6.46 |
| Share Capital ⓘ | 3.60 | 3.60 | 3.60 | 3.60 | 3.60 | 3.60 | 3.60 | 3.60 | 3.60 | 3.60 |
| Reserves ⓘ | 0.38 | 0.42 | 0.43 | 0.42 | 0.61 | 1.62 | 1.77 | 2.17 | 2.67 | 2.86 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long Term Borrowings | 1.05 | 1.16 | 0.99 | 0.85 | 0.75 | 0.40 | 0.18 | 0 | -0.05 | -0.07 |
| Current Liabilities | 0.19 | 0.29 | 0.12 | 0.15 | 0.27 | 0.20 | 0.16 | 0.23 | 0.19 | 0.30 |
| Trade Payables | 0 | 0 | 0 | 0.05 | 0.05 | 0 | 0 | 0 | 0 | 0 |
| Short term borrowings | 0.12 | 0.13 | 0 | 0.01 | 0.02 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | -0.12 | -0.13 | 0 | -0.06 | -0.07 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities ⓘ | 5.21 | 5.47 | 5.14 | 5.02 | 5.22 | 5.82 | 5.71 | 6 | 6.41 | 6.70 |
Assets | ||||||||||
| Non Current Asset | 2.72 | 2.97 | 2.81 | 2.52 | 2.47 | 2.21 | 1.86 | 1.81 | 1.74 | 1.87 |
| Loan Asset | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non Current Asset ⓘ | 2.72 | 2.97 | 2.81 | 2.52 | 2.47 | 2.21 | 1.86 | 1.81 | 1.74 | 1.87 |
| Current Asset | 2.50 | 2.50 | 2.32 | 2.50 | 2.75 | 3.60 | 3.85 | 4.19 | 4.66 | 4.82 |
| Current Investment | 0 | 0 | 0 | 0.07 | 0.07 | 0.04 | 0.03 | 0.04 | 0.11 | 0.07 |
| Other Current Asset | 2.50 | 2.50 | 2.32 | 2.43 | 2.68 | 3.57 | 3.81 | 4.15 | 4.55 | 4.75 |
| Total Assets ⓘ | 5.21 | 5.47 | 5.14 | 5.02 | 5.22 | 5.82 | 5.71 | 6 | 6.41 | 6.70 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 0.16 | 0.01 | 0.25 | 0.17 | 0.14 | 1.84 | -0.43 | 0.06 | -0.04 | 0.16 |
| Cash Flow From Investing Activity ⓘ | 0.09 | -0.35 | 0.04 | 0.01 | -0.08 | 0.03 | 0.06 | 0.07 | 0.06 | -0.14 |
| Cash Flow From Financing Activity ⓘ | -0.10 | 0.12 | -0.31 | -0.06 | -0.09 | -0.36 | -0.21 | -0.16 | -0.21 | 0 |
| Net Cash Flow ⓘ | 0.15 | -0.21 | -0.02 | 0.12 | -0.03 | 1.52 | -0.58 | -0.02 | -0.19 | 0.02 |
| PARTICULARS | Mar'14 | Mar'15 | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|---|---|---|---|
Operational & Financial Ratios |
||||||||||
| EPS (₹) | 0 | 0 | 0 | 0 | 1 | 3 | 0 | 1 | 1 | 1 |
| DPS (₹) | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BVPS (₹) | 11 | 11 | 11 | 11 | 12 | 15 | 15 | 16 | 17 | 18 |
Performance Ratios | ||||||||||
| ROA (%) | -0.6 | 0.8 | 0.3 | 0.2 | 3.7 | 18.3 | 2.7 | 6.6 | 7.0 | 3.5 |
| ROE (%) | -0.8 | 1.1 | 0.4 | 0.3 | 4.6 | 21.4 | 3.0 | 7.0 | 7.2 | 3.6 |
| ROCE (%) | -0.8 | 3.1 | 1.1 | 1.0 | 6.1 | 26.9 | 3.8 | 8.3 | 9.3 | 5.3 |
Valuation Parameters | ||||||||||
| Price/Book(x) | 0.5 | 0.7 | 1.4 | 1.3 | 1.0 | 0.6 | 1.1 | 0.9 | 1.2 | 1.0 |
Relic Technologies was incorporated on December 6, 1991 as a public limited company to carry on the business of leasing, hire purchase, investments, banking, money market operation etc. The company received the certificate of commencement of business on December 30, 1991. It is an authorised member of National Stock Exchange of India (NSE) on capital market segment and has received registration from SEBI as Category ‘I’ Merchant Banker.
The registered office of the company is situated at Bhangwadi Shopping Centre, J - Block, Kalbadevi Road Mumbai, Maharashtra-400002.
Business area of the company
The company is engaged in the financial services activities like syndication of bill discounting, intercorporate deposit and stock brokerage activities.
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Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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