Advent Computer Services Ltd - Stock Valuation and Financial Performance

BSE: 531429 | NSE: | IT - Software | Small Cap

Advent Computer Serv Share Price

2.82 0.00 0.00%
as on 28-Feb'22 18:01

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Advent Computer Services stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
4.6 Cr.
52-wk low:
2.8
52-wk high:
2.8

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?

The key valuation ratios of Advent Computer Services Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is a good buy now?

No data found

10 Year X-Ray of Advent Computer Serv:

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

Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
ROCE % -0.4%-1%-0.3%0%0%0.1%0%-2.9%-2.5%-1.1%-
Value Creation
Index
-1.0-1.1-1.0-1.0-1.0-1.0-1.0-1.2-1.2-1.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0.30.20.30.30.30.50.50.10.100
Sales YoY Gr.--26.9%47.4%-7.1%19.2%54.8%-4.2%-76.1%0%-100%-
Adj EPS -0-0.1-00000-0.3-0.3-0.1-0.1
YoY Gr.-NANANANANA-100%NANANA-
BVPS (₹) 9.69.59.59.59.59.59.59.28.98.88.7
Adj Net
Profit
-0.1-0.2-0.10000-0.5-0.4-0.20
Cash Flow from Ops. 000000-0.5-0.6-0.6-0.1-
Debt/CF from Ops. 36.4362.2124.775.3-388.7-353.8-2.4-4-4.3-19.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%-100%
Adj EPS NANANANA
BVPS-1%-1.5%-2.5%-1.3%
Share Price -3.3% 7.8% 21.6% -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20TTM
Return on
Equity %
-0.5-1.1-0.3000.10-3.4-3-1.3-1.1
Op. Profit
Mgn %
-8.5-71.4-9.410.67.55.51.9-502.5-404.10NAN
Net Profit
Mgn %
-27-88.3-18.81.21.22.50.9-483.5-408.80-INF
Debt to
Equity
00.10.10.10.10.10.10.20.20.2-
Working Cap
Days
1662161421661742174933,0323,49800
Cash Conv.
Cycle
-520-519-1,20400873572,4462,81400

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 %

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

Latest Financials - Advent Computer Services Ltd.

Standalone Consolidated
TTM EPS (₹) -0.1 0
TTM Sales (₹ Cr.) 0 0
BVPS (₹.) 8.7 13.2
Reserves (₹ Cr.) -2 5
P/BV 0.32 0.21
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 2.82 / 2.82
All Time Low / High (₹) 0.40 / 337.75
Market Cap (₹ Cr.) 4.6
Equity (₹ Cr.) 16.3
Face Value (₹) 10
Industry PE 33.7

Management X-Ray of Advent Computer Serv:

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

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Analyst's Notes

Key Ratios of Advent Computer Serv

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Sales0.260.190.280.260.310.480.460.110.110
Operating Expenses 0.280.320.300.230.290.450.450.650.540.19
Manufacturing Costs0.010.030.010.030.010.010.010.0100
Material Costs0.070.0900000000
Employee Cost 00000.010.050.070.070.080.08
Other Costs 0.200.210.290.200.280.390.370.570.460.11
Operating Profit -0.02-0.13-0.030.030.020.030.01-0.54-0.43-0.19
Operating Profit Margin (%) -8.5%-71.4%-9.4%10.6%7.5%5.5%1.9%-502.0%-404.0%-
Other Income 00000000.0500
Interest 00000000.0300.01
Depreciation 0.050.030.020.020.020.010000
Exceptional Items 0000000000
Profit Before Tax -0.07-0.16-0.05000.010-0.52-0.44-0.19
Tax 0000000000
Profit After Tax -0.07-0.16-0.05000.010-0.52-0.44-0.19
PAT Margin (%) -27.0%-88.3%-18.8%1.2%1.2%2.5%0.9%-483.0%-408.0%-
Adjusted EPS (₹)0.0-0.10.00.00.00.00.0-0.3-0.3-0.1
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20

Equity and Liabilities

Shareholders Fund 15.6815.5115.4615.4615.4715.4815.4814.9614.5314.33
Share Capital 16.2716.2716.2716.2716.2716.2716.2716.2716.2716.27
Reserves -0.60-0.76-0.81-0.81-0.81-0.79-0.79-1.31-1.75-1.94
Minority Interest0000000000
Debt0.600.710.710.720.730.731.262.442.592.65
Long Term Debt0.600.600.710.720.730.731.262.442.592.65
Short Term Debt00.1100000000
Trade Payables0.230.2300000000
Others Liabilities 0.510.530.790.790.7910.900.910.900.89
Total Liabilities 17.0116.9816.9616.9716.9917.2117.6418.3118.0217.88

Fixed Assets

Gross Block18.9118.9218.9218.9315.1015.1015.1015.1015.1015.10
Accumulated Depreciation2.032.062.092.112.122.132.142.142.142.15
Net Fixed Assets16.8816.8616.8416.8212.9712.9612.9612.9612.9612.96
CWIP 00003.843.853.853.853.853.85
Investments 0000000000
Inventories0000000000
Trade Receivables0.0500000.230.670.770.880.82
Cash Equivalents 0.020.010.020.020.01000.560.110.03
Others Assets0.060.110.110.130.170.170.170.180.220.22
Total Assets 17.0116.9816.9616.9716.9917.2117.6418.3118.0217.88

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Cash Flow From Operating Activity 0.0200.010.0100-0.53-0.62-0.60-0.13
PBT -0.07-0.16-0.05000.010-0.52-0.44-0.19
Adjustment 0.050.030.020.030.030.010000
Changes in Working Capital 0.040.140.03-0.03-0.03-0.02-0.54-0.1-0.160.05
Tax Paid 0000000000
Cash Flow From Investing Activity 0-0.010-0.010-0.0100-0.010
Capex 0-0.010-0.010-0.0100-0.010
Net Investments 0000000000
Others 0000000000
Cash Flow From Financing Activity 0000000.531.180.160.05
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0000000.531.180.160.05
Net Cash Flow 0.02-0.01000-0.0100.56-0.45-0.08
PARTICULARSMar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20
Ratios
ROE (%)-0.57-1.06-0.330.020.020.080.03-3.41-2.97-1.33
ROCE (%)-0.52-1-0.310.040.040.110.04-2.89-2.52-1.09
Asset Turnover Ratio0.020.010.020.020.020.030.030.010.010
PAT to CFO Conversion(x)N/AN/AN/AINFNAN0-INFN/AN/AN/A
Working Capital Days
Receivable Days9000001743572,4462,8140
Inventory Days0000000000
Payable Days1,11396300000000

Advent Computer Services Ltd Stock News

Advent Computer Services Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Advent Computer Serv on 28-Feb-2022 18:01 is ₹2.82.
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 28-Feb-2022 18:01 the market cap of Advent Computer Serv stood at ₹4.59.
The latest P/E ratio of Advent Computer Serv as of 28-Feb-2022 18:01 is 0.00.
The latest P/B ratio of Advent Computer Serv as of 28-Feb-2022 18:01 is 0.32.
The 52-week high of Advent Computer Serv is ₹2.82 and the 52-week low is ₹2.82.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Advent Computer Serv is ₹0.00 ( Cr.) .

About Advent Computer Services Ltd

Advent Computer Services was incorporated on February 22, 1984. The company was established as 100% export oriented unit (EoU) at Chennai, and is promoted by Michael Arul, Jennifer Arul and their associates. The company was set up to primarily export business application software designed to run on IBM S/38 computer system that had been introduced in market at that time by IBM.

In 2000, the company acquired two unlisted companies, namely, Ibhar Software and Softsolutions.

Milestones:

1984 -- Advent Computer Services (Advent) was incorporated on February 22, under the Companies Act, 1956 in Chennai and obtained Certificate of Commencement of Business on the March 16, from the Registrars of Companies, Tamil Nadu at Chennai. The company's main object is to carry on the business of manufacturing and dealing in computers, computer hardware, computer software and computer systems, both in India and abroad. The company was established as 100% EoU at Chennai, and is promoted by Michael Arul an ex-IBM technocrat, Jennifer Arul and their associates. The company was set up to primarily export business application software designed to run on IBM S/38 computer system that had been introduced in market at that time by IBM. 

1987 -- One of the Advent's key objectives was to develop a world-class software package for the wholesale distribution industry for IBM S/38 users. 

1988 -- IBM introduced the IBM AS/400 Computer System which employed exactly the same architecture as the IBM S/38. Advent foresaw this potential and decided to build a world class distribution and financial software package called ADS 400, designed to run on the IBM AS/400 computer system. 

1991 -- The promoter Michael Arul acquired 50% shares of the company held by ELCOT at a rate of Rs.242.02 per share (Rs.100 face value) for consideration in cash (demand draft). Some of the largest and most advanced computer installations in the country were installed namely, National Information Centre, New Delhi, Tata Institute of Fundamental Research and Department of Space, Tumba, Kerala. 

1992 -- Distribution Agreement was made on August 22, between the company and Asian Computer Services PTE Ltd. Singapore.  

1995 -- The company successfully launched ADS 400 in South East Asia, a comprehensive distribution management system for the IBM/AS/400 is now poised to enter the largest and most lucrative market in the world for such application software packages viz. the United States of America. Advent has also tied up selling/distributor arrangements in South East Asia with the Haw Par Group, one of the leading business conglomerates. The company has strategic alliance with IBM through TISL (Business Partner), which would help to maintain in competitive edge. A MoU was signed between CRB Capital Markets Ltd., the lead manager and the company. A MoU was signed between Foresight Financial Services Ltd., the lead manager and the company.

Software Distribution Agreement was made on January 24, between company and Intentia AB, Sweden. 

1996 -- The company has also developed its own software packages to address the areas of retail and distribution businesses. These packages are of international quality and are likely to generate business in India as well as overseas. 

1997 -- There are over 4,00,000 AS/400s installed and in terms of value represents over 26% of IBM's global revenues. 

1999 Chennai-based Advent Computer Services Ltd entered into a memorandum of understanding (MoU) with L&T Information Technology Ltd (LTITL) for managing the operations and product development. Advent also entered into an agreement with CCG, an information technology firm marketing ADS 400. 

2000 -- Advent Computer services, a Chennai based software company acquired two unlisted companies -- Ibhar Software Private and Softsolutions.  

2003 -- The company signed a Memorandum of Understanding (MOU) with TVS Electronics, Chennai. The following are the main terms and conditions of the MOU:  

1. Advent would provide technologies of Tuxia GmbH, Germany to TVS Electronics Ltd (TVSE) for incorporating the same into set top boxes to be manufactured by TVSE as per Advent's Specifications  

2. TVSE agreed to be Advent's manufacturing partner to provide support in Indian and global markets for set top boxes in the areas of engineering, product management, sourcing, manufacturing and after sales service using 300 locations of TVSE in India  

3. TVSE would manufacture set top boxes according to specification provided by Advent on terms and conditions to be defined in a separate agreement  

4. TVSE agreed to provide manufacturing capacity as follows  a. 15,000 units per month in the first quarter b. 30,000 units per month in the second quarter c. 50,000 units per month in the third quarter d. 60,000 units per month in fourth quarter. 

Business areas of the company:

The company’s main object is to carry on the business of manufacture and dealer in computers, computer hardware, computer software and computer systems, both in India and abroad.

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