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Crystal Business System Ltd (540821)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540821 NSE: TV Broadcasting & Software Production | Small Cap | Crystal Business Sys Share Price

₹2.01 -0.07 (-3.37%)

As on 10-Jun'26 10:52

Crystal Business System Ltd (540821)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540821 NSE: TV Broadcasting & Software Production | Small Cap | Crystal Business Sys Share Price

₹2.01 -0.07 (-3.37%)

As on 10-Jun'26 10:52

Key Metrics
Valuation Multiples
Market Cap
₹21 Cr.
Current Price
₹2
52-Week Low / High
₹1 / 3
TTM EPS
₹0
TTM Sales
₹8.7 Cr.
Book Value per Share
₹1.5
P/E Ratio
179.79
Higher than its 5-year historical median
Industry PE
20.1
Price to Book (P/B)
1.38
Lower than its 5-year historical median
Price to Sales (P/S)
2.40
Higher than its 5-year historical median
EV/EBITDA
28.91
In line with its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
5.98%
Outperforms industry median
Return on Capital Employed (ROCE)
8.18%
Outperforms industry median
Return on Assets (ROA)
3.64%
Operating Profit Margin
9.1%
Net Profit Margin
5.26%
Gross Profit Margin
10.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
11.75%
Operating Profit Growth (1 Year)
-
106.58%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
167.65%
Asset Quality
Promoter Holding
25.47%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹5 Cr.
Equity
₹10 Cr.
Face Value
₹1
All Time Low / High
₹0.70 / 34.80

Crystal Business System stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Crystal Business System Ltd a good quality company?
Crystal Business System Ltd is a quality company, based on a 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 Crystal Business System Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Crystal Business System Ltd vs industry peers?
Crystal Business System Ltd revenue CAGR is -12.99%, compared to the industry median CAGR of -2.11%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Crystal Business System Ltd?
Promoters hold 25.47% of the Crystal Business System Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Crystal Business System Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of 16.4% based on the current price.

10 Year X-Ray : Login to view analysis.

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.
Crystal Business System Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 7.4%7.1%11.8%11.1%6.9%-0.6%2%1.3%2.8%8.2%-
Value Creation
Index
-0.5-0.5-0.2-0.2-0.5-1.0-0.9-0.9-0.8-0.4-

Growth Parameters

Sales 24.336.155.255.434.522.523.918.915.417.29
Sales YoY Gr.-49%52.9%0.3%-37.7%-34.9%6.3%-20.7%-18.6%11.8%-
Adj EPS 00.10.10.10.1-00-0.100.10
YoY Gr.-50%83.3%27.3%-35.7%-111.1%NA-500%NA200%-
BVPS (₹) 1.11.11.21.31.41.41.514.11.51.51.5
Adj Net
Profit
0.40.61.11.40.9-0.10.3-0.10.30.90
Cash Flow from Ops. 6.5-1.7-13.5-1.13.84.41.650.7-3.5-
Debt/CF from Ops. 0.2-1.2-0.3-5.40.70.73.30.63.8-1.1-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -3.7%-13%-10.3%11.8%
Adj EPS 9.4%0%44.2%200%
BVPS3.7%1.2%1.6%1.3%
Share Price - 12.8% -27.6% -25.3%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
5.55.39.410.96.3-0.82.1-0.82.360.7
Op. Profit
Mgn %
2.12.53.23.94.81.3-1.9-3.159.14
Net Profit
Mgn %
1.61.622.52.6-0.51.3-0.62.25.31.2
Debt to
Equity
0.10.20.30.50.20.20.40.20.20.30.1
Working Cap
Days
173135154210333359274333377340184
Cash Conv.
Cycle
-77-86-2192-10617-2-10102

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales24.2536.1355.2355.4134.5322.4823.8918.9415.4117.22
Operating Expenses + 23.7535.2553.4653.2532.8622.1924.3419.5414.6515.66
Manufacturing Costs1.1213.0528.9131.8318.2112.7411.957.398.819.87
Material Costs00.590.536.868.250.721.170.690.040.32
Employee Cost 0.331.871.191.382.153.474.602.340.770.80
Other Costs 22.2919.7322.8213.174.255.266.629.115.034.67
Operating Profit 0.500.881.772.161.670.29-0.45-0.590.761.57
Operating Profit Margin (%) 2.1%2.4%3.2%3.9%4.8%1.3%-1.9%-3.1%4.9%9.1%
Other Income + 0.070.04000.030.021.301.300.150.39
Exceptional Items 0000000000
Interest 00.010.040.020.020.020.0100.010.14
Depreciation 0.010.030.050.210.470.410.470.460.420.46
Profit Before Tax 0.570.881.671.921.22-0.130.370.240.481.36
Tax 0.180.300.580.520.34-0.020.060.360.140.45
Profit After Tax 0.390.591.101.400.88-0.110.31-0.120.340.91
PAT Margin (%) 1.6%1.6%2.0%2.5%2.6%-0.5%1.3%-0.6%2.2%5.3%
Adjusted EPS (₹)0.00.10.10.10.1-0.00.0-0.10.00.1
Dividend Payout Ratio (%)12.50%0%22.90%1.40%2.30%0%0%0%0%0%

Valuation of Crystal Business Sys - Standalone

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!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 10.7411.3212.1213.4914.3514.2414.5414.1715.0215.24
Share Capital 9.7510.0310.0310.0310.0310.0310.0310.0310.0310.03
Reserves 0.991.302.093.464.324.214.524.154.995.21
Debt +11.964.066.112.503.095.253.202.493.83
Long Term Debt0000005.252.702.452.35
Short Term Debt11.964.066.112.503.0900.500.041.48
Minority Interest0000000000
Trade Payables9.5720.0411.8018.188.136.735.714.875.424.21
Others Liabilities 0.980.601.362.793.511.752.994.582.521.09
Total Liabilities 22.2933.9329.3340.5628.4925.8128.4826.8125.4524.37

Fixed Assets

Net Fixed Assets +0.040.200.442.061.831.862.161.821.821.45
Gross Block0.060.230.542.372.603.053.823.944.364.45
Accumulated Depreciation0.020.030.100.310.781.191.662.122.543
CWIP 000000000.020.09
Investments 0.850.850.850.850.854.877.967.718.405.35
Inventories0.5700.650.691.590.870.69000
Trade Receivables1.0712.7213.3519.925.756.795.827.185.825.78
Cash Equivalents 14.4113.041.050.120.060.6110.130.550.09
Others Assets 5.347.1112.9916.9318.4110.8010.859.988.8411.61
Total Assets 22.2933.9329.3340.5628.4925.8128.4826.8125.4524.37

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 6.52-1.68-13.49-1.133.814.431.594.970.66-3.50
PBT 0.570.881.671.921.22-0.130.370.240.481.36
Adjustment -0.060.030.050.210.470.410.33-1.090.270.08
Changes in Working Capital 6.42-2.3-14.71-2.672.494.140.895.820.13-4.7
Tax Paid -0.41-0.29-0.50-0.07-0.37000-0.22-0.23
Cash Flow From Investing Activity + 0.05-0.19-0.29-1.83-0.23-4.47-3.87-0.12-0.431.88
Capex -0.02-0.19-0.29-1.83-0.23-0.45-0.77-0.12-0.43-0.16
Net Investments 00000-4.02-3.10002.05
Others 0.07000000000
Cash Flow From Financing Activity + 7.820.501.792.03-3.630.592.28-5.720.201.15
Net Proceeds from Shares 6.82000000000
Net Proceeds from Borrowing 0000000-2.55-0.25-0.10
Interest Paid 0-0.0100000000
Dividend Paid 00-0.25-0.02-0.02-0-0.02000
Others 10.512.042.05-3.610.592.30-3.180.451.25
Net Cash Flow 14.39-1.37-11.99-0.94-0.050.550-0.870.43-0.46

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)5.455.329.4811.226.41-0.782.12-0.822.35.98
ROCE (%)7.417.1211.7811.16.85-0.612.021.322.838.18
Asset Turnover Ratio1.241.291.751.5910.830.880.690.590.69
PAT to CFO Conversion(x)16.72-2.85-12.26-0.814.33N/A5.13N/A1.94-3.85
Working Capital Days
Receivable Days82.8069.7086.20109.60135.70101.8096.30125.20154123
Inventory Days8.7004.304.4012.102011.90000
Payable Days09,092.200797.20582.103,772.101,933.502,789.9005,493.30

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Crystal Business System Ltd FAQs

The current trading price of Crystal Business Sys on 10-Jun-2026 10:52 is ₹2.01.

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 09-Jun-2026 the market cap of Crystal Business Sys stood at ₹20.86 Cr

The latest P/E ratio of Crystal Business Sys as of 09-Jun-2026 is 179.8.

The latest P/B ratio of Crystal Business Sys as of 09-Jun-2026 is 1.38.

The 52-week high of Crystal Business Sys is ₹3.47 and the 52-week low is ₹1.33.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Crystal Business Sys is ₹8.68 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Crystal Business System Ltd is a below average quality company.

The key valuation ratios of Crystal Business System 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 Crystal Business System Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Crystal Business System Ltd

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About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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