X

63 Moons Technologies Ltd. Stock Analysis

Small Cap
Evaluated by 1871 users | BSE: 526881 | NSE: 63MOONS |
IT - Software
Financial Technologies (India) (FTIL) was established in 1988. It is a flagship company of the Financial Technologies Group. Financial Technologies (India) is a large exchange and ecosystem network of 10 exchanges and 5 ecosystem spanning Africa to Asia across multi asset including...

Analysis of Financial Track Record

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.
63 Moons Technologies 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'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed 8.01%7.59%13.86%10.11%1.62%8.17%-1.2%3.35%2.81%0.5%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 307358426451335161141150227147
Y-o-Y Gr. Rt.-16.5%19%6%-25.8%-51.9%-12.2%6.2%51.1%-35.1%
Adjusted EPS (Rs.) 40.5740.4177.262.056.1450.65-11.5620.5618.082.51
Y-o-Y Gr. Rt.--0.4%91%-19.6%-90.1%724.9%-122.8%NA-12.1%-86.1%
Book Value per Share (Rs.) 443.08447.16523.58580.93522.91596.47588.15612.23621.58619.79
Adjusted Net Profit 18718635628628.3233-53.394.783.311.6
Net Op. Cash Flow (Rs. Cr.) 198164345335117-35.7-119-80.7-5.1-107
Debt to Cash Flow from Ops 2.092.471.631.793.95-13.47-4.26-6.17-19.850
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
63 Moons Technologies Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -7.8%-15.2%1.4%-35.1%
Adjusted EPS -26.6%-16.4%NA-86.1%
Book Value per Share 3.83.51.8-0.3
Share Price -19.3% -3.8% -10.5% -20.7%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 9.869.0815.911.241.118.99-1.923.382.920.4
Operating Profit Margin (%) 46.236.6158.0457.935.89-58.07-72.87-48.89-0.84-71.28
Net Profit Margin (%) 60.952.0683.5963.418.45144.92-37.6863.1236.757.86
Debt to Equity 0.20.20.230.220.190.170.190.180.040
Working Capital Days 2722974135751,1612,0591,2081,1367481,057
Cash Conversion Cycle -92-62-149548832251543
Entity Percentage Holding
Promoters 45.63%
Institutions 5.02%
Non-Institutions 49.35%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

MoneyWorks4Me analysed the past 10-year performance of 63 Moons Technologies Ltd. and arrived at the following conclusion:

Past 10 year's financial track record indicates that 63 Moons Technologies Ltd. is a below average quality company. However, for specific investment actions please connect with your investment advisor.

The 5-year analysis of 63 Moons Technologies Ltd.'s performance infers:

63 Moons Technologies Ltd. earnings have declined by -16.4%, whereas share price has depreciated -3.8% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of 63 Moons Technologies Ltd. share prices over the last 10 years. Here is what we found out:

63 Moons Technologies Ltd. share price has depreciated -20.5% annually over the past ten years.

Financial Technologies (India) (FTIL) was established in 1988. It is a flagship company of the Financial Technologies Group. Financial Technologies (India) is a large exchange and ecosystem network of 10 exchanges and 5 ecosystem spanning Africa to Asia across multi asset including commodities, currencies, energy and equity.

The company's flagship product ODIN is used for trading in securities and commodities and accounts for 80% of market share in

Financial Technologies (India) (FTIL) was established in 1988. It is a flagship company of the Financial Technologies Group. Financial Technologies (India) is a large exchange and ecosystem network of 10 exchanges and 5 ecosystem spanning Africa to Asia across multi asset including commodities, currencies, energy and equity.

The company's flagship product ODIN is used for trading in securities and commodities and accounts for 80% of market share in India. It has an installed base of 3,20,000 trading licenses.

Another product DOME is an exchange solution that been implemented on dominant  exchanges like Multi Commodity Exchange (MCX), Dubai Gold & Commodities Exchange (DGCX), Safal National Exchange (SNX), Global Board of Trade, Mauritius (GBOT) and others.

In October, 2010, Financial Technologies (India), has launched an international multi-asset exchange Global Board Of Trade (GBOT) in Mauritius.

In February 2011, The first multi-asset exchange in the Middle East and North Africa owned by Financial Technologies - The Bahrain Financial Exchange (BFX), officially launched its operations in Bahrain.

Business

Exchange Ventures

It creates exchange networks for transparency in financial markets in Africa, Middle East, Central Asia, India, China and other Asian countries. It is a network provider for MCX, IBSFOREX, GBOT, SMX and DGCX, among others.

Ecosystem ventures

The ecosystem business complements the exchange business by capturing value of all upstream and downstream transactions around the exchanges.

Awards

Financial Technologies was awarded Amity Corporate Excellence Award

It won IT People award for Product Innovation; Exchange and Brokerage Products.

It was received Gurjar Ratna Award.

Financial Technologies was awarded Ernst & Young Entrepreneur of the Year 2006 Award for business transformation.

February 2007, Financial Technologies was presented with the award by Amity International Business School during the 9th Annual International Business Summit and Research Conference.

Financial Technologies Group Company MCX won the award during the global SMEs summit on empowering SME sector for better prospects conducted by IITC and SME Centre of India on February 22, 2007.

In July 2011, Financial Technologies (India) won the ‘DSCI Excellence Awards 2011’ in Security in IT Services - SME category

On August 2011, Financial Technologies (India) won the prestigious ‘Golden Peacock HR Excellence Award’ for the year 2011.
- Financial Technologies (India) Limited (FTIL) won the prestigious ‘Golden Peacock HR Excellence Award’ for the year 2011.
- Financial Technologies (India) Limited (FTIL) won the ‘DSCI Excellence Awards 2011’ in Security in IT Services - SME category, the award was presented by Shri. Sachin Pilot, Honorable Minister of State, Ministry of Communications & Information Technology.
- FTIL was featured in FinTech 100 Rankings 2011 an annual international listing of the top vertical technology vendors that derive more than one third of their revenue from financial technology industry and hosted by American Bankers, Banking Technology News, IDC Financial Insights.

2012
- FTIL stood at # 89 in American Bankers FINTECH 100 Rankings 2012 an annual international listing of the top vertical technology vendors that derive more than one third of their revenue from financial technology industry and hosted by American Bankers, Banking Technology News, IDC Financial Insights.

2013
- FTIL  featured in FinTech 100 Rankings 2013 an annual international listing of the top vertical technology vendors that derive more than one third of their revenue from financial technology industry and hosted by American Bankers, Banking Technology News, IDC Financial Insights."

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback