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Systango Technologies Ltd (SYSTANGO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SYSTANGO IT - Software | Small Cap | Systango Tech. Share Price

BSE Share Price
Not Listed

Systango Technologies Ltd (SYSTANGO)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SYSTANGO IT - Software | Small Cap | Systango Tech. Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹326 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹21.7
TTM Sales
₹90.4 Cr.
Book Value per Share
₹69.7
P/E Ratio
10.24
Lower than its 5-year historical median
Industry PE
20.9
Price to Book (P/B)
3.19
Lower than its 5-year historical median
Price to Sales (P/S)
3.61
Lower than its 5-year historical median
EV/EBITDA
7.66
Lower than its 5-year historical median
Dividend Yield
NAN%
Profitability Efficiency
Return on Equity (ROE)
26.26%
Outperforms industry median
Return on Capital Employed (ROCE)
32.26%
Outperforms industry median
Return on Assets (ROA)
23.94%
Operating Profit Margin
34.3%
Net Profit Margin
35.34%
Gross Profit Margin
44.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
16.42%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
31.03%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
40.17%
Asset Quality
Promoter Holding
72.17%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹88 Cr.
Equity
₹14.7 Cr.
Face Value
₹10
All Time Low / High
₹0.00 / 0.00

Systango Technologies stock performance

Key Ratios
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Valuation

Undervalued

Price Trend

Semi Strong
Q.1 Is Systango Technologies Ltd a good quality company?
Systango Technologies Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Systango Technologies Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Systango Technologies Ltd vs industry peers?
Systango Technologies Ltd revenue CAGR is 36.29%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Systango Technologies Ltd?
Promoters hold 72.17% of the Systango Technologies Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Systango Technologies Ltd over the last decade?
Over the last 3 year(s), the stock has delivered a CAGR of -6.75% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Systango Technologies Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 46.8%39%29.3%31.9%-
Value Creation
Index
2.41.81.11.3-

Growth Parameters

Sales 31.148.452.761.376
Sales YoY Gr.-55.8%8.9%16.4%-
Adj EPS 5.88.810.915.420.4
YoY Gr.-51%24.1%41.5%-
BVPS (₹) 16.141.852.768.568.5
Adj Net
Profit
6.312.91622.630
Cash Flow from Ops. 3.26.78.28.1-
Debt/CF from Ops. 0000-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales NANA25.4%16.4%
Adj EPS NANA38.4%41.5%
BVPSNANA62.1%30%
Share Price - - -7.2% -5.7%

Key Financial Parameters

Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
36.232.823.125.529.7
Op. Profit
Mgn %
24.831.832.336.4NAN
Net Profit
Mgn %
20.226.730.436.939.4
Debt to
Equity
0000-
Working Cap
Days
0621031340
Cash Conv.
Cycle
01747750

Valuation of Systango Tech. - Consolidated

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales142333525767
Operating Expenses > + 111625363944
Manufacturing Costs000000
Material Costs000000
Employee Cost 101319283133
Other Costs > 1369811
Operating Profit > 378161723
Operating Profit Margin (%) 21.5%28.6%23.2%30.4%30.9%34.2%
Other Income > + 011147
Exceptional Items > 000000
Interest > 000000
Depreciation > 001111
Profit Before Tax > 378172129
Tax > 011345
Profit After Tax 367141724
PAT Margin (%) 17.6%24.7%20.9%26.7%29.9%35.3%
Adjusted EPS (₹)2.35.36.39.511.516.2
Dividend Payout Ratio (%)109.20%0%0%0%0%0%
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 510176278102
Share Capital 133151515
Reserves 4815476488
Debt +000100
Long Term Debt000100
Short Term Debt000000
Minority Interest000000
Trade Payables000000
Others Liabilities 2447710
Total Liabilities 715226986112

Fixed Assets

Net Fixed Assets +112345
Gross Block3456810
Accumulated Depreciation233445
CWIP 000110
Investments 41011155760
Inventories000000
Trade Receivables00061115
Cash Equivalents 12636520
Others Assets 1138912
Total Assets 715226986112
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 4735912
PBT 378172129
Adjustment 00-0-1-4-6
Changes in Working Capital 11-3-8-5-5
Tax Paid -0-1-1-3-4-5
Cash Flow From Investing Activity + -3-6-1-7-402
Capex -0-0-1-3-2-1
Net Investments -2-60-4-42-3
Others -000-146
Cash Flow From Financing Activity + -1-0132-01
Net Proceeds from Shares 0003500
Net Proceeds from Borrowing 0-000-1-0
Interest Paid 000-0-0-0
Dividend Paid -100-000
Others 001-301
Net Cash Flow 01330-3116
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)52.8374.6149.0635.3924.1726.26
ROCE (%)61.9491.8557.9741.8530.0132.26
Asset Turnover Ratio22.081.761.150.730.68
PAT to CFO Conversion(x)1.331.170.430.360.530.5
Working Capital Days
Receivable Days002.5023.3055.5071.20
Inventory Days000000
Payable Days000000

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Announcements

Systango Technologies Ltd FAQs

The current trading price of Systango Tech. on 01-Jan-1970 05:30 is ₹0.00.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 31-Dec-1969 the market cap of Systango Tech. stood at ₹326.4 Cr

The latest P/E ratio of Systango Tech. as of 31-Dec-1969 is 10.92.

The latest P/B ratio of Systango Tech. as of 31-Dec-1969 is 3.25.

The 52-week high of Systango Tech. is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Systango Tech. is ₹75.89 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Systango Technologies Ltd is a good quality company.

The key valuation ratios of Systango Technologies Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Systango Technologies Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

About Systango Technologies Ltd

Systango Technologies is engaged in the business of providing software solutions that enables companies to design, implement and manage their own customized digital platforms including Web2, Web3 and mobile applications with strong emphasis on data and analytics. It provides range of software solution services including like: website development, mobile app development (both for iOS and Android applications), web3 development, DeFi (Decentralized finance), data engineering, implementation of blockchain, cloud computing, digital marketing etc for companies across sectors such as Financial Services (FinTech), Hospitality, Fantasy Sports, Property Tech etc. Through its software solutions it combines the functionality, flexibility and customer software development for its customers with the Cost effective, speed of implementation and other operational benefits of outsourcing.

Over the years the company has evolved as professional and technical service provider by offering end-to-end technology solutions and support. Its clients range from entrepreneurs and start-up enterprises to established companies, engaged in business of Fantasy Sports, transportation and logistics, and Financial Services (FinTech).

The company was originally incorporated as “Bushcare Overseas Private Limited” on September 17, 2004 under the provisions of the Companies Act, 1956 with the Registrar of Companies, Madhya Pradesh and Chattisgarh. Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on August 11, 2006, the name of the company was changed from “Bushcare Overseas Private Limited” to “Systematix Technocrates Private Limited” and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Madhya Pradesh and Chattisgarh vide letter dated August 18, 2006. Further, pursuant to Special Resolution passed by the shareholders at the Extra Ordinary General Meeting held on May 05, 2016, the name of the company was changed from “Systematix Technocrates Private Limited” to “Systango Technologies Private Limited” and a fresh certificate of incorporation consequent upon change of name was issued by the Registrar of Companies, Gwalior vide letter dated May 18, 2016. Subsequently, pursuant to Special Resolution passed by the Shareholders at the Extra Ordinary General Meeting, held on December 13, 2022 the company was converted into a Public Limited Company and consequently the name of the company was changed from “Systango Technologies Private Limited” to “Systango Technologies Limited” vide a fresh certificate of incorporation consequent upon conversion from private company to public company dated December 27, 2022 issued by the Registrar of Companies.

Business area of the company

The company is engaged in the business of providing software solutions that enables companies to design, implement and manage their own customized digital platforms including Web2, Web3 and mobile applications with strong emphasis on data and analytics.

Service of the company

  • AI Engineering & MLOps
  • Data Platform & Analytics
  • Cloud & Infrastructure
  • Digital Product Engineering
  • Blockchain & Digital Assets
  • On-Demand Workforce
AI-Workbench

  • AI-Native SDLC
  • AI Governance Layer
  • Gen AI Studio
  • Bittensor

History and milestones

  • 2006: All the shares of the company were purchased by its promoter, Vinita Rathi and Nilesh Rathi
  • 2006: Change in the name of the company from “Bushcare Overseas Private Limited” to ‘Systematix TechnocratesPrivate Limited’.
  • 2016: Change in the name of the company from “Systematix Technocrates Private Limited” to “Systango Technologies Private Limited”.
  • 2018: Won Madhya Pradesh Best Employer Branding awards by the Employer Branding Institute India.
  • 2018-19: Crossed Revenue of Rs 10 crore
  • 2020: Incorporated wholly owned subsidiary in USA i.e. Systango LLC.
  • 2021: Won Madhya Pradesh Best Employer Branding awards by the Employer Branding Institute India.
  • 2020-21: Crossed Revenue of Rs 20 crore.
  • 2020-21: Incorporated wholly owned Subsidiary Company i.e. “Systango Account Aggregator Services Private Limited”.
  • 2022: Conversion of the Company from Private Limited to Public Limited Company.
  • 2022-23: Won Great Place to Work Category- Mid Size Organization by the Great Place to Work Institute, India.
  • 2022-23: Acquired 100% stake in Isystango Ltd, UK and formed it as its wholly owned Subsidiary Company.
  • 2025: iSystango, a wholly owned subsidiary of Systango Technologies, based in the United Kingdom, has executed a binding memorandum of terms dated June 19 2025 with Tech Alchemy, ST Topco and JEF Holdings.
  • 2025: The company through its group Company “Systango Limited” has entered into a MoU with Chesamel Group Limited, a UK-based transformation and go-to-market agency.
  • 2026: The company through its group Company “Systango Limited” has entered into a MoU with Alibaba Cloud.
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