Advent Computer Services Ltd Stock Analysis

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

BSE Share Price 28-Feb-2022 18:01
2.82 0.00 (0.00%)

DeciZen - Make an Informed Decision on Advent Computer Serv

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Advent Computer Serv Price Chart

P/E Ratio (SA) :
0.00
Market Cap :
4.6 Cr.
52-wk low :
1.9
52-wk high :
3.1
Bole Toh?

1. Is Advent Computer Services Ltd a good quality company?

Data is not available for this company.

2. Is Advent Computer Services Ltd 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 Advent Computer Services Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Advent Computer Services Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

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
YoY Gr. Rt. %--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. Rt. %-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 1.5% 6.5% 21.6% 38.2%

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 % -8.5-71.4-9.410.67.55.51.9-502.5-404.100
Net Profit Mgn % -27-88.3-18.81.21.22.50.9-483.5-408.800
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 is Poor

Sales growth has been subdued in last 3 years -100.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Advent Computer Services Ltd.

Standalone Consolidated
TTM EPS (₹) -0.1 0
TTM Sales (₹ Cr.) 0 0
BVPS (₹.) 8.7 0
Reserves (₹ Cr.) -2 5
P/BV 0.32 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 1.94 / 3.11
All Time Low / High (₹) 0.40 / 337.75
Market Cap (₹ Cr.) 4.6
Equity (₹ Cr.) 16.3
Face Value (₹) 10
Industry PE 30

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 (%)

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 PE ratio of Advent Computer Serv as of 28-Feb-2022 18:01 is 0.00.
The latest PB ratio of Advent Computer Serv as of 28-Feb-2022 18:01 is 0.32
The 52-week high of Advent Computer Serv is ₹ 3.11 and the 52-week low is ₹ 1.94.
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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