Cambridge Technology Enterprises Ltd - Stock Valuation and Financial Performance

BSE: 532801 | NSE: CTE | IT - Software | Small Cap

Cambridge Tech Enter Share Price

94.55 3.79 4.18%
as on 19-Apr'24 16:01

DeciZen - make an informed investing decision on Cambridge Tech Enter

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

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Cambridge Technology Enterprises stock performance -

mw4me loader
P/E Ratio (SA):
46.52
Market Cap:
185.7 Cr.
52-wk low:
50
52-wk high:
128.8

Is Cambridge Technology Enterprises Ltd an attractive stock to invest in?

1. Is Cambridge Technology Enterprises Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Cambridge Technology Enterprises Ltd is a below average quality company.

2. Is Cambridge Technology Enterprises Ltd undervalued or overvalued?

The key valuation ratios of Cambridge Technology Enterprises Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Cambridge Technology Enterprises Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Cambridge Technology Enterprises Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Cambridge Tech Enter:

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.
Cambridge Technology Enterprises Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 10.6%5.1%18.2%11%12.3%6.8%8%6.3%5.7%7.9%-
Value Creation
Index
-0.3-0.60.3-0.2-0.1-0.5-0.4-0.6-0.6-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 20.225.929.538.763.136.738.436.546.563.179
Sales YoY Gr.-28.1%13.7%31.3%63.1%-41.9%4.7%-4.8%27.3%35.7%-
Adj EPS 0.80.62.81.71.91.11.21.21.42.22
YoY Gr.--28.6%403.6%-38.3%11.7%-41.9%5.4%0.9%17%61.6%-
BVPS (₹) 7.913.816.714.215.916.717.718.921.423.225.1
Adj Net
Profit
1.51.15.43.43.82.22.32.32.74.44
Cash Flow from Ops. -0.3-3.89.27.1-0.71.32.2-1.84.8-5.2-
Debt/CF from Ops. 0000.2-4.83.91.9-6.62.9-5.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 13.5%0%18%35.7%
Adj EPS 12.5%3.2%24%61.6%
BVPS12.8%7.9%9.4%8.2%
Share Price 37.4% 15.9% 54.8% 82%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
10.55.118.21112.56.76.45.96.59.98.4
Op. Profit
Mgn %
1312.216.414.98.99.314.513.312.610.58.6
Net Profit
Mgn %
7.54.218.58.765.966.35.86.95
Debt to
Equity
0000.10.10.20.10.30.30.7-
Working Cap
Days
2251761251019920517015315013691
Cash Conv.
Cycle
1429830-4-64541221-314

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 8.40%

Sales growth is growing at healthy rate in last 3 years 18.01%

Net Profit is growing at healthy rate in last 3 years 23.99%

Sales growth is good in last 4 quarters at 44.04%

No data to display

Latest Financials - Cambridge Technology Enterprises Ltd.

Standalone Consolidated
TTM EPS (₹) 2 0.8
TTM Sales (₹ Cr.) 79 211
BVPS (₹.) 25.1 52.4
Reserves (₹ Cr.) 30 83
P/BV 3.76 1.81
PE 46.52 113.03
From the Market
52 Week Low / High (₹) 50.00 / 128.80
All Time Low / High (₹) 3.00 / 162.40
Market Cap (₹ Cr.) 186
Equity (₹ Cr.) 19.6
Face Value (₹) 10
Industry PE 31.2

Management X-Ray of Cambridge Tech Enter:

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 Cambridge Tech Enter

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
Sales20262939633738374663
Operating Expenses 18232534583433324258
Manufacturing Costs1112110000
Material Costs0000000000
Employee Cost 13161621222326273442
Other Costs 4571135965816
Operating Profit 3355536555
Operating Profit Margin (%) 13.0%12.1%16.4%12.4%8.2%8.4%14.5%13.0%10.6%8.7%
Other Income 1111101112
Interest 0000001111
Depreciation 1331102222
Exceptional Items 0002000000
Profit Before Tax 3137533345
Tax 10-23111121
Profit After Tax 2165322224
PAT Margin (%) 8.9%5.0%19.0%11.8%5.5%5.3%6.1%6.1%4.4%5.6%
Adjusted EPS (₹)0.90.72.92.31.81.01.21.11.11.8
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 15273328313335374246
Share Capital 20202020202020202020
Reserves -48138121315182226
Minority Interest0000000000
Debt0001243121427
Long Term Debt00000110012
Short Term Debt0001222121415
Trade Payables0112312122
Others Liabilities 1420691220172625
Total Liabilities 30303437454959678499

Fixed Assets

Gross Block6192022296625
Accumulated Depreciation59121222334
Net Fixed Assets111811064321
CWIP 00000000180
Investments 1461422222424241616
Inventories0000000000
Trade Receivables10632876222
Cash Equivalents 12311512252339
Others Assets45711141311122321
Total Assets 30303437454959678499

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0-497-112-25-5
PBT 3135533345
Adjustment 1332303223
Changes in Working Capital -3-831-7-2-4-7-0-12
Tax Paid -1000-1000-1-1
Cash Flow From Investing Activity -15-9-100-300-10-3
Capex -1-13-1-10000-19-3
Net Investments 08-8-90-30090
Others 01000000000
Cash Flow From Financing Activity 000211-1618
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000012-1-1012
Interest Paid 000000-100-1
Dividend Paid 0000000000
Others 000110171-3
Net Cash Flow -111-20014-50
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)13.356.0518.6615.0411.716.136.936.225.198.12
ROCE (%)19.195.0910.5623.7714.958.810.868.797.939.32
Asset Turnover Ratio0.710.870.911.091.540.780.710.580.620.69
PAT to CFO Conversion(x)0-41.51.4-0.330.51-12.5-1.25
Working Capital Days
Receivable Days1571125120297458381411
Inventory Days0000000000
Payable Days0000000000

Cambridge Technology Enterprises Ltd Stock News

Cambridge Technology Enterprises Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Cambridge Tech Enter on 19-Apr-2024 16:01 is ₹94.55.
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 19-Apr-2024 16:01 the market cap of Cambridge Tech Enter stood at ₹185.7.
The latest P/E ratio of Cambridge Tech Enter as of 19-Apr-2024 16:01 is 46.52.
The latest P/B ratio of Cambridge Tech Enter as of 19-Apr-2024 16:01 is 3.76.
The 52-week high of Cambridge Tech Enter is ₹128.8 and the 52-week low is ₹50.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Cambridge Tech Enter is ₹79.00 ( Cr.) .

About Cambridge Technology Enterprises Ltd

Cambridge Technology Enterprises Limited (CTEL) was originally incorporated on January 28, 1999 as Unique Solutions (India) Private Limited at Hyderabad, Andhra Pradesh under the Companies Act 1956. The name of the company was changed to Cell Exchange (India) Private Limited on January 21, 2003 and subsequently to Cambridge Technology Enterprises Pvt Ltd on  March 12, 2004 which was reverted back to its old name i.e. Cell Exchange (India) Private Limited on  July 22,2004 and on March 16, 2005 the name was changed to Cambridge Technology Enterprises Private Limited.

CTEL is a global technology services and outsourcing company dedicated to serving the midsize market of enterprises and the midsize units of Global 2000 enterprises across the spectrum of business industries. Recognized as a thought leader and innovator of comprehensive Service Oriented Architecture (SOA)-based enterprise transformation and integration solutions and services, CTE provides solutions for all of customers business challenges with results that significantly improve your competitive advantage. At CTE they help you Think Big, Start Small, and Scale Fast.

The company is bringing together its business expertise, technology thought leadership, and world-class global services at the CTE Center of Innovation, located at Cambridge, Massachusetts. Through its Center of Innovation, CTE offers IT a zero-cost Fusion migration strategy by combining global delivery for operations and maintenance activities with Fusion migration. This affordable and adaptable strategy helps customers control costs while leveraging the significant benefits of SOA.

CTEL provides unparalleled business value through a combination of process excellence and innovative service delivery. CTE leverages the latest technology to offer end-to-end business solutions in today’s dynamic business environment and cost-effectively aligns IT strategies with business strategies.

Services offered by the company include:

  • Business Process Outsourcing
  • IT Services
  • Product Engineering Services
  • Infrastructure Services
  • Consulting Services

Achievements/ recognition :

  • Ranked 11th in the Deloitte Technology Fastest 50 India -2008
  • Ranked 101 in the Deloitte Technology Fastest 500 APAC -2008
  • CRISIL awarded ‘SME1’ rating ,which indicates highest level of creditworthiness, adjudged in relation to other SME’s in September 2008.
  • CTEL was among the Top 3 fastest growing IT companies in India in Data Quest July 2008 Edition. In their Technology Top 200 survey, CTE stood at 182nd place.
  • The company was among the ‘Top 3’ companies in the ICT / IT & ITeS category at the “Emerging India Awards 2008” jointly organized by CNBC and ICICI Bank
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