Aftek Ltd - Stock Valuation and Financial Performance

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

BSE Share Price
Not Listed

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Aftek stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
18 Cr.
52-wk low:
1.6
52-wk high:
1.8

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?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Aftek:

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'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
Sales YoY Gr.--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.--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
1512863175079269481,2102,0394,99611,36171,793
Cash Conv.
Cycle
-531252663253975219991,7354,3559,99029,061

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 33.7

Management X-Ray of Aftek:

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

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Analyst's Notes

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Sales392.54220.35182.03154.86121.24110.9275.7552.6024.7911.58
Operating Expenses 282.53140.2295.43250.277257.5624.1415.762.1512.49
Manufacturing Costs1.7510.860.490.320.200.070.040.020.01
Material Costs3.341.2522.700.921.210.760.760.740.56
Employee Cost 21.1216.729.057.553.292.461.730.820.430.41
Other Costs 256.33121.2583.53239.5367.4753.6921.5814.140.9711.51
Operating Profit 110.0180.1386.60-95.4149.2453.3751.6136.8422.64-0.91
Operating Profit Margin (%) 28.0%36.4%47.6%-61.6%40.6%48.1%68.1%70.0%91.3%-7.9%
Other Income 6.3095.643.36212.0962.169.1514.907.4614.690.26
Interest 0.992.703.759.4210.659.567.837.787.707.70
Depreciation 31.7053.5983.2592.5488.5782.2677.5655.9948.8832.41
Exceptional Items 0000000000
Profit Before Tax 83.63119.482.9614.7212.18-29.31-18.88-19.46-19.25-40.76
Tax 2.692.752.670.750.76-4.11-0.54000
Profit After Tax 80.94116.730.2813.9711.42-25.19-18.33-19.46-19.25-40.76
PAT Margin (%) 20.6%53.0%0.2%9.0%9.4%-22.7%-24.2%-37.0%-77.7%-352.0%
Adjusted EPS (₹)8.712.50.01.51.2-2.3-1.7-1.8-1.8-3.7
Dividend Payout Ratio (%)6%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17

Equity and Liabilities

Shareholders Fund 649.91634.67633.83451.12444.14449.38431.05411.58392.34351.57
Share Capital 18.7018.7118.7118.7118.7122.0422.0422.0422.0422.04
Reserves 631.21615.96615.12432.42425.43427.34409.01389.55370.30329.54
Minority Interest0000000000
Debt79.1691.03114.59134.0323.7724.3222.9223.1823.1523.14
Long Term Debt79.1691.03114.59112.94000000
Short Term Debt00021.0923.7724.3222.9223.1823.1523.14
Trade Payables30.412.992.740.550.180.100.150.170.190.11
Others Liabilities 24.7921.6023.7933.13159.21132.26148.45148.06159.84165.02
Total Liabilities 784.28750.28774.95618.84627.30606.06602.56583575.51539.85

Fixed Assets

Gross Block212.28284.59303.35337.90339.76248.34175.72105.04200.8897.68
Accumulated Depreciation94.83148.4291.67178.96200.15136.9492.7278.03126.9156.12
Net Fixed Assets117.45136.17211.68158.94139.61111.408327.0173.9741.56
CWIP 22.19144.71136.4688.51119.56236.90227.42227.42131.57131.57
Investments 116.2228.8129.8128.8124.2424.2422.749.619.615.61
Inventories0.220.320.991.091.200.890.820.850.890.82
Trade Receivables117.60131.72142.86135.75126.40188.59224.68274.14315.74316.52
Cash Equivalents 339.83283.77238.1170.860.740.340.300.350.390.24
Others Assets70.7724.7815.04134.88215.5543.6943.6143.6443.3543.54
Total Assets 784.28750.28774.95618.84627.30606.06602.56583575.51539.85

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Cash Flow From Operating Activity 101.1461.05116.48126.12130.42-0.72-0.11-0.220.07-0.14
PBT 83.63119.482.9614.7212.18-29.31-18.88-19.46-19.25-40.76
Adjustment 49.18-40.29123.5199.5784.1486.6770.5669.5141.9150.73
Changes in Working Capital -30.17-20.24-8.2613.3634.14-58.08-51.78-50.27-22.59-10.11
Tax Paid -1.502.10-1.73-1.52-0.04-0.01-0.01000
Cash Flow From Investing Activity -83.19-190.18-146.87-304.76-195.27-0.091.500.0100
Capex -70.95-195.07-150.50-107.78-190.81-0.090000
Net Investments -8.570-11001.50000
Others -3.664.894.63-197.98-4.46000.0100
Cash Flow From Financing Activity 28.51-9.3325.4211.03-5.210.50-1.430.26-0.03-0.01
Net Proceeds from Shares 0.590.2600000000
Net Proceeds from Borrowing 0-1.1927.7718.65-4.9300000
Interest Paid -0.99-3.73-3.75-8.66-1.40-0.05-0.03000
Dividend Paid -10.67-4.6700000000
Others 39.5801.401.041.110.56-1.400.26-0.03-0.01
Net Cash Flow 46.46-138.46-4.97-167.61-70.06-0.30-0.040.040.04-0.15
PARTICULARSMar'08Mar'09Mar'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17
Ratios
ROE (%)13.1718.170.042.582.55-5.64-4.16-4.62-4.79-10.96
ROCE (%)12.5216.770.913.613.9-3.44-1.98-2.17-2.24-6.79
Asset Turnover Ratio0.550.290.240.220.190.180.130.090.040.02
PAT to CFO Conversion(x)1.250.524169.0311.42N/AN/AN/AN/AN/A
Working Capital Days
Receivable Days952072753283955189961,7314,3439,964
Inventory Days001233461327
Payable Days2,6574,8615222221454259778897

Aftek Ltd Stock News

Aftek Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Aftek 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 Aftek stood at ₹17.96.
The latest P/E ratio of Aftek as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Aftek as of 01-Jan-1970 05:30 is 0.04.
The 52-week high of Aftek is ₹1.75 and the 52-week low is ₹1.63.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Aftek is ₹1.25 ( Cr.) .

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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