Athena Global Technologies Ltd - Stock Valuation and Financial Performance

BSE: 517429 | NSE: | IT - Software | Small Cap

Athena Global Tech. Share Price

92 3.00 3.37%
as on 23-Apr'24 15:40

DeciZen - make an informed investing decision on Athena Global Tech.

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Athena Global Technologies stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
129.3 Cr.
52-wk low:
45.1
52-wk high:
109.9

Is Athena Global Technologies Ltd an attractive stock to invest in?

1. Is Athena Global Technologies Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Athena Global Technologies Ltd is a average quality company.

2. Is Athena Global Technologies Ltd undervalued or overvalued?

The key valuation ratios of Athena Global Technologies Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Athena Global Technologies Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Athena Global Technologies 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 Athena Global Tech.:

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.
Athena Global Technologies Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % -422.8%-64.1%84%38.9%-24.5%-40.3%752.8%60.3%19.7%-6.1%-
Value Creation
Index
NA-5.6NANA-2.8-3.952.83.30.4-1.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 6.47.68.510.67.914.52620.917.89.89
Sales YoY Gr.-18.1%12.3%24.3%-25.4%83.8%79.6%-19.9%-14.6%-45%-
Adj EPS -70.8-3.8-3.30.50.573.40.7-6.7-8.8
YoY Gr.-NA-584.8%NANA-2%1362.5%-51%-79.4%-1049.3%-
BVPS (₹) -5.4-4.8-11-11.1-8.5-6.61.76.29.76.12.3
Adj Net
Profit
-5.50.6-3.7-3.40.50.584.10.9-9-12
Cash Flow from Ops. 2.60.10.40.4-3.5-8.6-2.133.9-1.5-30.5-
Debt/CF from Ops. 1.220.66.711.6-0.6-0.3-2.60.3-30.2-2.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 4.8%4.4%-27.8%-45%
Adj EPS NA-268.9%-198.7%-1049.3%
BVPSNANA54.9%-36.9%
Share Price 26.7% 16.1% 38.5% 79.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
415.8-15.652.132.5-5.5-6.7-308.984.19.1-87.6-208.3
Op. Profit
Mgn %
-81.411.2-8.6-30.8-3010.537.429.97.5-53.5-61.8
Net Profit
Mgn %
-85.98.2-43-32.46.83.730.619.55-92-136.3
Debt to
Equity
-0.7-0.8-0.3-0.4-0.2-0.32.91.33.79.1-
Working Cap
Days
7034734202673503573834053161,2201,128
Cash Conv.
Cycle
42140032915726-31-58781314663

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -27.80%

Debt to equity has increased versus last 3 years average to 9.13

Sales growth is not so good in last 4 quarters at -17.24%

Latest Financials - Athena Global Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) -8.8 -16.4
TTM Sales (₹ Cr.) 9 11.9
BVPS (₹.) 2.3 -15.5
Reserves (₹ Cr.) -11 -36
P/BV 40.54 -5.92
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 45.09 / 109.94
All Time Low / High (₹) 2.00 / 317.50
Market Cap (₹ Cr.) 129
Equity (₹ Cr.) 14.1
Face Value (₹) 10
Industry PE 31.6

Management X-Ray of Athena Global Tech.:

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 Athena Global Tech.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales6891181426211810
Operating Expenses 127914101316151715
Manufacturing Costs0001000011
Material Costs0000000032
Employee Cost 2334356886
Other Costs 94697710756
Operating Profit -51-1-3-221061-5
Operating Profit Margin (%) -81.6%11.2%-8.6%-30.9%-30.2%10.4%37.4%27.9%7.0%-53.5%
Other Income 0011424493
Interest 0001124597
Depreciation 0000000000
Exceptional Items 00-90000000
Profit Before Tax -61-8-3011051-10
Tax 000001210-1
Profit After Tax -61-8-311841-9
PAT Margin (%) -86.0%8.2%-96.5%-32.4%6.7%3.7%31.7%18.2%7.4%-90.9%
Adjusted EPS (₹)-7.00.8-8.6-3.30.50.57.33.21.0-6.7
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund -4-4-10-11-9-827128
Share Capital 881010111111121313
Reserves -12-12-20-22-20-19-9-50-5
Minority Interest0000000000
Debt333422594575
Long Term Debt332100003766
Short Term Debt0004225989
Trade Payables0000233223
Others Liabilities 21212221243134351318
Total Liabilities 192014141929445473104

Fixed Assets

Gross Block1717194444555
Accumulated Depreciation1414150111122
Net Fixed Assets3344433333
CWIP 1111111111
Investments 6603455384854
Inventories6640011200
Trade Receivables23323464913
Cash Equivalents 0010100001
Others Assets12346142761133
Total Assets 192014141929445473104

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 3000-3-9-234-1-30
PBT -61-8-3011051-10
Adjustment 5084216686
Changes in Working Capital 3-10-1-6-10-1824-11-27
Tax Paid 00000-10-100
Cash Flow From Investing Activity -40-1-3-200-34-11-6
Capex 00-100000-10
Net Investments -3000000000
Others 000-3-200-34-10-6
Cash Flow From Financing Activity 101268201237
Net Proceeds from Shares 0020000000
Net Proceeds from Borrowing 10-1000003729
Interest Paid 000000-1-3-9-6
Dividend Paid 0000000000
Others 00026844-1614
Net Cash Flow 00001-10001
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)N/AN/AN/AN/AN/AN/A082.6213.45-86.49
ROCE (%)N/AN/AN/AN/AN/AN/A961.7977.7627.2-3.96
Asset Turnover Ratio0.30.380.490.760.480.610.710.420.280.11
PAT to CFO Conversion(x)N/A0N/AN/A-3-9-0.258.5-1N/A
Working Capital Days
Receivable Days8811812191112887690132409
Inventory Days33328220701151826161
Payable Days000001,94000271391

Athena Global Technologies Ltd Stock News

Athena Global Technologies Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Athena Global Tech. on 23-Apr-2024 15:40 is ₹92.00.
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 23-Apr-2024 15:40 the market cap of Athena Global Tech. stood at ₹129.3.
The latest P/E ratio of Athena Global Tech. as of 23-Apr-2024 15:40 is 0.00.
The latest P/B ratio of Athena Global Tech. as of 23-Apr-2024 15:40 is 40.54.
The 52-week high of Athena Global Tech. is ₹109.9 and the 52-week low is ₹45.09.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Athena Global Tech. is ₹9.02 ( Cr.) .

About Athena Global Technologies Ltd

VJIL Consulting is an ISO 9001 Certified global IT consulting, software development and outsourcing services provider headquartered in India and having operations in the UK, USA, Europe, Middle East & Asia Pacific.

VJIL offers its clients high quality, cost effective services and solutions encompassing all aspects of Information Technology with a special emphasis in providing enterprise information management, enterprise integration services, and Data Warehousing services for its client’s base which is predominantly in SME sector.

Their customers include organisations from the financial, healthcare, oil and pharmaceuticals, retail, business services, education, IT and government sectors.

VJIL is working towards SEI- CMM level 4 Information security management system ISO 27001(BS7799) for ensuring timely and quality delivering customer delight business continuity.

VJIL has established its Mercury Outsource Management subsidiary to provide Business Process Outsourcing services with offshore capabilities in Hyderabad, India. MOM delivers a range of contact centre and data processing solutions to the market research, e-learning, debt management, insurance and other sectors. The company’s global delivery center (GDC) in India provides access to the right people, technology and processes to service clients worldwide. The Global Delivery Model (GDM) works on a principle of executing the work where it can be done best with the least amount of acceptable risk and which makes great economic sense. VJIL provides a solution by providing high quality distributed project management methodology using Global delivery model. The model works by dividing project components and executing it parallel at client site, offsite and at our offshore development center in India.

VJIL has extensive expertise in developing applications on client/ server, groupware, e-business and mainframe technologies. VJIL has participated with companies worldwide in developing applications right from improving their online presence to automating business processes and enabling collaboration across the extended enterprise.Delivering Cost-effective Quality Solutions....

Offshore application development has become an essential part of the working of most software companies. Adapting to globally acceptable delivery models that are backed by services focused on software development and contemporary methodologies helps in achieving a high success rate.

Product and services offered by the company :

Product

  • Data Union - Zero Pain ETL Tool

IT Solutions:

  • Application Development & Management
  • Packaged Application Services
  • Systems Integration
  • E-Commerce
  • Data Migration & Integration
  • Product Engineering
  • Validation & Verification Services

BPO Services:

  • Market Research & Analytics
  • Debt Management
  • E-Learning

Achievements/ recognition:

  • An ISO 9001 certified company

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