Aftek Ltd Stock Analysis

BSE: 530707 | NSE: AFTEK | IT - Software | Small Cap

BSE Share Price
Not Listed

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10 Year X-Ray:

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.

Value Creation

Value Creation Index Colour Code Guide
Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17TTM
ROCE % 13.8%7.6%3.7%2.9%0.2%-4.2%-4.2%-1.7%-4.7%-6.3%-

Growth Parameters

Growth Parameters Colour Code Guide
Sales 39322018215512111175.852.624.811.61
YoY Gr. Rt. %--43.9%-17.4%-14.9%-21.7%-8.5%-31.7%-30.6%-52.9%-53.3%-
Adj EPS 9.95.72.71.4-0.7-2.8-2.6-1.3-2.7-3.3-4.5
YoY Gr. Rt. %--42.4%-53.7%-47.9%-149.3%NANANANANA-
BVPS (₹) 69.567.967.848.247.540.839.137.435.631.937.1
Adj Net Profit 92.953.524.812.9-6.3-30.5-28.7-14.4-29.5-36.1-49
Cash Flow from Ops. 10161.1116126130-0.7-0.1-0.20.1-0.1-
Debt/CF from Ops. 0.81.511.11.1-159.6-1104.9-501.61611.7-806-

CAGR

CAGR Colour Code Guide
9 Years 5 Years 3 Years 1 Years
Sales -32.4%-37.5%-46.5%-53.3%
Adj EPS -188.4%NANANA
BVPS -8.3-7.6-6.6-10.4
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide
Mar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17TTM
Return on Equity % 15.18.33.92.4-1.4-6.8-6.5-3.4-7.4-9.7-12.9
Op. Profit Mgn % 32.736.466.8-54.555.648.168.19591.349.3-355.3
Net Profit Mgn % 23.724.313.68.3-5.2-27.5-37.9-27.4-119.2-312-3931.9
Debt to Equity 0.10.10.20.30.30.30.30.30.30.3-
Working Cap Days 1512863175079269481,2102,0394,99611,3610
Cash Conv. Cycle -531252663253975219991,7354,3559,9900

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 - Aftek Ltd.

Standalone Consolidated
TTM EPS (₹) -4.5 -3.7
TTM Sales (₹ Cr.) 1.3 11.6
BVPS (₹.) 37.1 37.3
Reserves (₹ Cr.) 387 389
P/BV 0.04 0.04
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 1.63 / 1.75
All Time Low / High (₹) 1.55 / 666.67
Market Cap (₹ Cr.) 18
Equity (₹ Cr.) 22
Face Value (₹) 2
Industry PE 41.6

Management X-Ray:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *4.501.391.391.390.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Aftek Ltd

Aftek, incorporated on March 25, 1986, is provider of wide range of technology services in India. The company was incorporated under the name Aftex Business Machines, which was a private limited company. The name is derived from for AFfordable TEKnology. Back then, the company’s activities involved manufacturing of IBM compatible personal computers and microprocessor-based peripherals, hand-held devices, add on cards such as Intelligent Terminal Sub-systems, etc.

The company developed ‘Powersafe’ which is an enterprise-wide UPS (Uninterruptible Power Supplies) management software. The solution was also awarded a Gold Certification for its integration with Unicenter from Computer Associates International, Inc.

In the year 1994 the company was listed on the Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE). After 1995, company forayed into the US and Europe market through its acquisition route. Subsequently, Aftek shifted it focus from manufacturing of PCs and other products to exporting software, special products and providing solutions. The company was renamed as Aftek Infosys.

In 1999, company established a new software development centre at Pune, which was 100% Export Oriented Unit (EOU).

The company acquired 49% stake in Munich based Arexera Information Technologies GmbH. This company offers products in area of unstructured data management which can be deployed for enterprise and internet search. Arexera acquired 56% stake in Seekport Internet Technologies GmbH. Seekport is newer version of European search major, Infoseek. Seekport Stands at third position after Google and Yahoo.

In order to cater to the wireless and mobile segment, the company entered into a 50-50 joint venture with a UK based IT firm 3G Tel to form Aftek 3G Tel. This JV company is engaged in developing software products and services in the 3G environment for UK-based clients.

In 2006, the name Aftek Infosys was changed to present one.

Today, Aftek provides basic IT services that include designing and delivering projects, developing products and implementing end-to-end solutions to customers in various industrial segments. Company service portfolio consists of application development, application maintenance, hardware development, firmware development, embedded systems and testing services.

The company owns subsidiaries namely Digihome Solutions, Aftek Sales & Services and Aftek (Mauritius).

Product Portfolio

  • GIST UNIX driver developed for C-DAC,
  • Terminal firmware of AD-100, AD-100+, AD-101, CT-220,
  • Pegasus -- an advanced terminal sub-system drivers for UNIX/XENIX/DOS,
  • Novel Netware driver for Lock, etc

Future Plans

Aftek’s R&D centre is engaged in developing new software product in order to strengthen its presence. The company also plans to explore untapped markets.

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