Patni Computer Systems Ltd - Stock Valuation and Financial Performance

BSE: 532517 | NSE: PATNI | IT - Software | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Patni Computer Sys.

M-Cap below 100cr DeciZen not available

Patni Computer Systems stock performance -

mw4me loader
P/E Ratio (SA):
14.67
Market Cap:
7,005.2 Cr.
52-wk low:
514.1
52-wk high:
518

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Patni Computer Sys.:

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.

Value Creation

Value Creation Index Colour Code Guide

Dec'02Dec'03Dec'04Dec'05Dec'06Dec'07Dec'08Dec'09Dec'10Dec'11TTM
ROCE % 23.4%20.6%21.5%11.8%9.7%13%16.8%19.1%17.9%14.3%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 4485377028769981,1721,5411,7351,8912,1522,175
Sales YoY Gr.-19.8%30.7%24.7%14%17.4%31.5%12.6%9%13.8%-
Adj EPS 14.514.318.914.414.52232.942.141.933.535.2
YoY Gr.--1.7%32.1%-24%0.8%52%49.7%27.8%-0.4%-20.1%-
BVPS (₹) 62.575.9107.3148.1159.7184196.8247.2223.9250.3259.1
Adj Net
Profit
162159236198200306422543551451477
Cash Flow from Ops. 20311665.3331243420478617554265-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 19%16.6%11.8%13.8%
Adj EPS 9.7%18.3%0.6%-20.1%
BVPS16.7%9.4%8.3%11.8%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Dec'02Dec'03Dec'04Dec'05Dec'06Dec'07Dec'08Dec'09Dec'10Dec'11TTM
Return on
Equity %
23.320.621.611.79.412.816.61917.914.213.8
Op. Profit
Mgn %
48.640.241.933.73430.131.635.231.625.927.3
Net Profit
Mgn %
36.229.733.622.620.126.127.431.329.120.922
Debt to
Equity
0000000000-
Working Cap
Days
022826625624824520117818420281
Cash Conv.
Cycle
018020718516614711287646743

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to %

Sales growth has been subdued in last 3 years %

Net Profit has been subdued in last 3 years %

Sales growth is not so good in last 4 quarters at %

Latest Financials - Patni Computer Systems Ltd.

Standalone Consolidated
TTM EPS (₹) 35.2 29.6
TTM Sales (₹ Cr.) 2,175 3,568
BVPS (₹.) 259.1 271.6
Reserves (₹ Cr.) 3,492 3,662
P/BV 1.99 1.90
PE 14.67 17.45
From the Market
52 Week Low / High (₹) 514.10 / 518.00
All Time Low / High (₹) 94.00 / 624.00
Market Cap (₹ Cr.) 7,005
Equity (₹ Cr.) 27.2
Face Value (₹) 2
Industry PE 33.7

Management X-Ray of Patni Computer Sys.:

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 (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Patni Computer Sys.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSDec'02Dec'03Dec'04Dec'05Dec'06Dec'07Dec'08Dec'09Dec'10Dec'11
Sales448.21537.01702.07875.60997.831,171.661,541.021,734.861,891.272,151.67
Operating Expenses 230.27321.39416.28603.51658.25819.591,142.271,171.691,2951,594.79
Manufacturing Costs13.4318.4425.6140.2641.6954.3752.1857.3263.9167.16
Material Costs0000000000
Employee Cost 163.05224.99273.11387.88441.01547.09735796.17931.791,246.55
Other Costs 53.7977.96117.56175.37175.55218.13355.08318.20299.30281.08
Operating Profit 217.94215.62285.79272.08339.58352.07398.76563.17596.27556.88
Operating Profit Margin (%) 48.6%40.2%40.7%31.1%34.0%30.0%25.9%32.5%31.5%25.9%
Other Income 4.6916.5917.6036.2747.75170.99108.84117.34215.50145.96
Interest 1.930.130.154.088.886.896.486.754.342.93
Depreciation 29.7339.214760.0372.5680.4887.8291.9891.90109.73
Exceptional Items 0000000000
Profit Before Tax 190.98192.87256.25244.24305.89435.70413.30581.79715.54590.18
Tax 26.8326.8225.7149.83100.1348.1824.1439.0660.4990.39
Profit After Tax 164.15166.06230.54194.41205.76387.52389.15542.73655.05499.78
PAT Margin (%) 36.6%30.9%32.8%22.2%20.6%33.1%25.3%31.3%34.6%23.2%
Adjusted EPS (₹)14.714.918.414.114.927.930.442.049.837.2
Dividend Payout Ratio (%)3%7%11%18%20%11%10%7%132%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSDec'02Dec'03Dec'04Dec'05Dec'06Dec'07Dec'08Dec'09Dec'10Dec'11

Equity and Liabilities

Shareholders Fund 696.99847.061,342.602,042.082,208.782,558.012,521.173,191.872,943.083,365.85
Share Capital 14.8622.282527.5627.6627.8025.6225.8326.2826.90
Reserves 682.14824.771,317.602,014.522,181.122,530.212,495.553,166.042,916.793,338.95
Minority Interest0000000000
Debt1.972.462.863.183.062.381.750.940.981.20
Long Term Debt1.972.462.863.183.062.381.750.940.981.20
Short Term Debt0000000000
Trade Payables7.164.977.3712.1415.9722.0626.7415.5016.2718.89
Others Liabilities 112.36164.34209.76304.26499.73579.35857.41713.28822.39890.04
Total Liabilities 818.481,018.831,562.602,361.652,727.553,161.803,407.083,921.593,782.724,275.98

Fixed Assets

Gross Block241.47297.85366.46477.28614.30843.99945.971,084.561,119.401,176.09
Accumulated Depreciation82.28118.91159.92209.26279.35348.93419.25477.36524.30617.90
Net Fixed Assets159.19178.94206.54268.02334.95495.06526.72607.19595.10558.19
CWIP 2.894.3624.14120.93211.28217.41247.07133.6692.1176.81
Investments 364.51422.12682.07804.971,387.021,583.171,652.192,267.401,835.032,256.43
Inventories0000000000
Trade Receivables237.15315.41503.66416.62538.63468.18559.38339.58372.78464.15
Cash Equivalents 13.8919.3220.29570.6236.7950.32101.87104.05166.9893.46
Others Assets40.8578.68125.89180.49218.88347.66319.83469.72720.72826.93
Total Assets 818.481,018.831,562.602,361.652,727.553,161.803,407.083,921.593,782.724,275.98

Cash Flow

(All Figures are in Crores.)
PARTICULARSDec'02Dec'03Dec'04Dec'05Dec'06Dec'07Dec'08Dec'09Dec'10Dec'11
Cash Flow From Operating Activity 202.81115.5165.33331.25242.95419.75478.22617.22554.45265.06
PBT 190.98192.87256.25244.24305.89435.70413.30581.79715.54593.98
Adjustment 30.7325.6647.8327.7611.65-71.6284.14-3.6138.30-101.36
Changes in Working Capital -7.6-76.51-211.11105.58-8.1573.5130.3127.53-65.21-125.09
Tax Paid -11.29-26.51-27.63-46.33-66.44-17.84-49.52-88.49-134.18-102.47
Cash Flow From Investing Activity -368.23-106.03-339.61-296.78-745.74-370.06-140.69-595.14479.60-372.64
Capex -59.86-60.48-96.26-194.33-208.32-243.45-161.47-76.72-35.15-63
Net Investments -161.45-51.69-99.38-117.96-574.39-17.17-29.36-538.92557.09-365.78
Others -146.936.14-143.9715.5036.97-109.4350.1520.50-42.3456.15
Cash Flow From Financing Activity 162.36-4.05275.25515.87-31.03-36.17-285.97-19.91-963.0928.01
Net Proceeds from Shares 268.340289.06544.218.5213.270.5825.9344.4928.80
Net Proceeds from Borrowing -39.81000000000
Interest Paid -1.93-0.13-0.15-0.14-0.16-0.09-0.14-0.09-0.06-0.10
Dividend Paid -6.80-4.41-14.07-28.52-39.27-48.66-48.80-44.93-1,006.840
Others -57.450.490.400.32-0.12-0.69-237.62-0.81-0.68-0.68
Net Cash Flow -3.065.430.97550.34-533.8313.5251.562.1770.95-79.57
PARTICULARSDec'02Dec'03Dec'04Dec'05Dec'06Dec'07Dec'08Dec'09Dec'10Dec'11
Ratios
ROE (%)23.5821.5421.0811.499.6916.2615.321921.3615.84
ROCE (%)27.6424.9623.3814.6514.7918.5516.5220.5523.3218.68
Asset Turnover Ratio0.550.580.540.450.390.40.470.470.490.53
PAT to CFO Conversion(x)1.240.70.281.71.181.081.231.140.850.53
Working Capital Days
Receivable Days193188213192175157122956971
Inventory Days0000000000
Payable Days0000000000

Patni Computer Systems Ltd Stock News

Patni Computer Systems Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Patni Computer Sys. 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 01-Jan-1970 05:30 the market cap of Patni Computer Sys. stood at ₹7,005.2.
The latest P/E ratio of Patni Computer Sys. as of 01-Jan-1970 05:30 is 14.67.
The latest P/B ratio of Patni Computer Sys. as of 01-Jan-1970 05:30 is 1.99.
The 52-week high of Patni Computer Sys. is ₹518.0 and the 52-week low is ₹514.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Patni Computer Sys. is ₹2,175 ( Cr.) .

About Patni Computer Systems Ltd

Established in February 10,1978, Patni Computer Systems is one of the leading global providers of information technology services and business solutions in the country. The IT major has serviced more than 400 Fortune 1,000 companies for over two decades. It has more than 14,500 professional service clients across diverse industries, from 27 sales offices across the Americas, Europe and Asia-Pacific, and 22 Global Delivery Centers in strategic locations across the world.

The company, having various offshore development centers, was the first to develop Follow the Sun development and support frameworks. It also announced the portfolio of Enablement Services to help independent software vendors (ISVs) make the transition to Software as a Service (SaaS) platform.

In 2004, it came out with Initial Public Offering (IPO) of 18,724,000 equity shares in the price of Rs 230 per share for a face value of Rs 2 each.

Patni has people-centric policies to establish a friendly and caring working environment and provides its employees with the opportunity to carve their career path. It has a well-defined award and recognition ceremony in place to appreciate the efforts taken by its employees.

Besides it also offers group medi claim policy, personal accident insurance and life cover insurance and also conducts regular health check-ups for all employees above the age of 35.

It is also an ISO 9001:2000 certified organization; assessed enterprise-wide at SEI-CMMI Level 5 (V1.2), SEI-CMM Level 5 and P-CMM Level 3. It has also integrated the Six Sigma techniques to focus on continuous, measurable process improvement, with powerful analytical tools and sophisticated review processes.

Services offered:

Patni offers end-to-end, high-quality, cost-effective and business-focused Product Engineering Services for industry domains like:

  • Automotive
  • Consumer Electronics
  • Industrial Automation
  • Storage, Networks and Computing
  • Medical Electronics
  • Mobile and Wireless
  • Office Automation
  • Semiconductors

Group Company:

In 1981, the company promoted PCS Data Products (PCSDP) for the sale and marketing of computer equipment and hardware maintenance as the company’s original activities included time rental, resale of imported computer hardware, and software exports.

In 1987, the company promoted PCS Data General India (PCSDG), a joint venture with The Data General Corporation, USA, for the manufacture and maintenance of computer hardware.

In 1994, PCSDP’s name was changed to PCS Industries (PCSIL) and PCSDG was merged into PCSIL. Since then, the company has been entirely focusing on software exports.

However in 1999, the shares of PCSIL held by the company and other non-operating assets were de-merged into other group companies and the company emerged as a focused IT services company

Now Patni Computer Systems is a separate entity from PCS Industries, which is a group company.

Milestones Achieved:

2004 - Assessed at Level 5 of the Capability Maturity Model Integration (CMMI SE/SW version 1.1) for all its development centers in Mumbai and Navi Mumbai after a rigorous month-long SCAMPI assessment by KPMG, India

Also, inks memorandum of understanding (MoU) with the Birla Institute of Technology and Science [BITS], Pilani to offer educational programs to Patni employees through the 'BITS off-campus Distance Learning and Collaborative Program' scheme.

2005 - Wins awards for excellence in corporate performance.

      - appoints Loek Van Den Boog as director

      - launches Defined BPO Service for Insurance Carriers

      - launches Life New Business STP solution.

Awards/ Recognitions:

  • Patni’s iCAP Solution for Life Sciences certified as powered by SAP NetWeaver,
  • Ranked as the No.1 Green Innovative IT Vendor by Black Book of Outsourcing,
  • Ranked among Top 10 best performers in IT Services and IT Infrastructure Services,
  • Achieves Global Certification by SAP for Application Management Services,
  • Conferred the Golden Peacock National Training Award-2007 by the Institute of Directors,
  • Patni Named Weyerhaeuser’s 2009 ‘IT Supplier of the Year’.
  • In 2009 Patni Computer Systems receives 'IT supplier of the year' award
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.