Ceinsys Tech Ltd - Stock Valuation and Financial Performance

BSE: 538734 | NSE: | IT - Software | Small Cap

Ceinsys Tech Share Price

589.95 0.85 0.14%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Ceinsys Tech

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Ceinsys Tech stock performance -

mw4me loader
P/E Ratio (SA):
34.13
Market Cap:
961.3 Cr.
52-wk low:
116.3
52-wk high:
654.5

Is Ceinsys Tech Ltd an attractive stock to invest in?

1. Is Ceinsys Tech Ltd a good quality company?

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

2. Is Ceinsys Tech Ltd undervalued or overvalued?

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

3. Is Ceinsys Tech Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ceinsys Tech 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 Ceinsys 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.
Ceinsys Tech 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 % 17.4%14.3%13.2%7.3%7.6%8.2%20.1%6.7%7.8%5.8%-
Value Creation
Index
0.20.0-0.1-0.5-0.5-0.40.4-0.5-0.4-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 76.697.7125136136173197185196167201
Sales YoY Gr.-27.5%28%8.9%0.1%27.2%13.8%-6.2%5.9%-14.9%-
Adj EPS 8.96.67.50.11.62.422.62.454.117.2
YoY Gr.--25.1%12.5%-98.1%1050%50.9%830.9%-89.3%104.5%-17.9%-
BVPS (₹) 29.636.543.248.459.558.678.878.7103.5105.4115.8
Adj Net
Profit
6.56.67.50.11.82.725.12.77.76.328
Cash Flow from Ops. -8.5-2.3-28.39.3-7.62136.422.525.432.4-
Debt/CF from Ops. -6-24.5-3.411.8-15.55.82.73.82.41.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 9%4.2%-5.4%-14.9%
Adj EPS -8.3%20.4%-43.5%-17.9%
BVPS15.2%12.1%10.2%1.8%
Share Price - 41% 63.2% 357.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
33.622.518.60.33.14.132.93.16.23.815.6
Op. Profit
Mgn %
2219.420.513.114.61325.89.612.112.123.5
Net Profit
Mgn %
8.56.860.11.31.612.71.53.93.814
Debt to
Equity
2.41.62.22.21.81.91.110.40.3-
Working Cap
Days
261274323401466410383426383401149
Cash Conv.
Cycle
89147180202215140-7-47523070

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 15.60%

Debt to equity has declined versus last 3 years average to 0.34

Sales growth is good in last 4 quarters at 30.07%

Sales growth has been subdued in last 3 years -5.41%

Net Profit has been subdued in last 3 years -43.50%

Latest Financials - Ceinsys Tech Ltd.

Standalone Consolidated
TTM EPS (₹) 17.2 27.3
TTM Sales (₹ Cr.) 201 248
BVPS (₹.) 115.8 134.2
Reserves (₹ Cr.) 173 203
P/BV 5.08 4.39
PE 34.13 21.55
From the Market
52 Week Low / High (₹) 116.25 / 654.45
All Time Low / High (₹) 39.55 / 654.45
Market Cap (₹ Cr.) 961
Equity (₹ Cr.) 16.3
Face Value (₹) 10
Industry PE 33.7

Management X-Ray of Ceinsys Tech:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *15.8915.8914.6514.6514.6514.6514.6514.6514.6514.65
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Ceinsys 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
Sales7798125136136173197185196167
Operating Expenses 607999118116151147167172147
Manufacturing Costs1111498129363925
Material Costs14323351161215172230
Employee Cost 22253230414035293254
Other Costs 23203336111967867937
Operating Profit 17192618202251182420
Operating Profit Margin (%) 22.0%19.3%20.4%13.1%14.6%13.0%25.7%9.6%12.1%12.1%
Other Income 1112244211
Interest 681115161817131110
Depreciation 2234444333
Exceptional Items 0000-100000
Profit Before Tax 101012124343119
Tax 3351019032
Profit After Tax 77701325386
PAT Margin (%) 8.5%6.7%5.9%0.1%1.0%1.6%12.7%1.5%3.9%3.8%
Adjusted EPS (₹)8.96.67.40.11.32.522.62.55.04.1
Dividend Payout Ratio (%)15%10%12%814%98%91%11%90%45%49%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 2237434966658888160163
Share Capital 7999111111111515
Reserves 1528343955547676144147
Minority Interest0000000000
Debt43519410611411895856054
Long Term Debt1913119743101
Short Term Debt2438829810711492845953
Trade Payables7132019295151654432
Others Liabilities 25202121141314151425
Total Liabilities 97120178194224248247253277274

Fixed Assets

Gross Block31354032364041414338
Accumulated Depreciation71012481215182122
Net Fixed Assets24262828282826232217
CWIP 0000000000
Investments 411100005668
Inventories22285811818314
Trade Receivables23345886114113111125170147
Cash Equivalents 5101059171010710
Others Assets19212264658993922128
Total Assets 97120178194224248247253277274

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -9-2-289-82136232532
PBT 101012124343119
Adjustment 511019182521191624
Changes in Working Capital -23-13-50-6-24-2-9-348
Tax Paid 000-5-3-6-93-6-8
Cash Flow From Investing Activity -3-5-4-6-2221-1-13
Capex -3-5-5-4-6-2-10-2-1
Net Investments 0000000000
Others 101-144311-12
Cash Flow From Financing Activity 121232-510-23-38-24-24-19
Net Proceeds from Shares 0100017000110
Net Proceeds from Borrowing 13-6-6-2-1-3-3-2-20
Interest Paid -2-3-6-14-15-16-16-12-8-9
Dividend Paid -1-1-1-1-2-2-3-3-3-3
Others 313451210-2-17-7-24-7
Net Cash Flow 15-1-2000001
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)33.6722.618.640.312.464.1932.853.166.23.95
ROCE (%)25.3320.8520.1810.9410.2511.7927.459.2311.248.22
Asset Turnover Ratio0.890.90.840.730.650.730.80.740.740.61
PAT to CFO Conversion(x)-1.29-0.29-4INF-871.447.673.135.33
Working Capital Days
Receivable Days115107134193267239207233274346
Inventory Days72931269325981146
Payable Days2411151821365521,2631,2321,222879459

Ceinsys Tech Ltd Stock News

Ceinsys Tech Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ceinsys Tech on 28-Mar-2024 16:01 is ₹590.0.
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-Mar-2024 16:01 the market cap of Ceinsys Tech stood at ₹961.3.
The latest P/E ratio of Ceinsys Tech as of 28-Mar-2024 16:01 is 34.13.
The latest P/B ratio of Ceinsys Tech as of 28-Mar-2024 16:01 is 5.08.
The 52-week high of Ceinsys Tech is ₹654.5 and the 52-week low is ₹116.2.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ceinsys Tech is ₹200.6 ( Cr.) .

About Ceinsys Tech Ltd

ADCC Infocad is a Meghe Group Company and is ISO 9001:2008 certified and CRISIL rated. Meghe Group is a conglomerate, which has varied interests in the fields of Basic and Professional Education, Banking, Infrastructure, Information Technology, Textile, Power, Media & Entertainment and is headquartered in Nagpur, State of Maharashtra, India. The company was incorporated in 1998 to cater to the GIS industry and has emerged as global Premier Software Solution provider through its Alliance with World Leaders like Autodesk Inc. USA world‘s one of the biggest Design Content Company, Mathworks (Matlab), Dassault (Catia), Adobe, Digital Globe India & Africa (High Resolution Satellite Imageries), Integraph (Erdas Imaging & LPS Software and extensions) Siemens, Sanako (Language Lab), National Instruments (Experiential Engineering Laboratories), ESRI (GIS mapping Solution, Software , Services).

The company equips engineers and professional with solutions that accelerate productivity, innovation, and discovery to meet not only grand but also daily engineering challenges in an increasingly complex world with its diversified services and by continual advancement in the infrastructure, technology and resources to various engineering industry verticals. The company is a specialist in GIS & Engineering services solutions company servicing clients across a range of corporate and government segments helping improve their engineering efficiency, support global footprint and improve competitiveness. Leveraging technology, domain knowledge & its robust work planning methodology to ensure an effective delivery model for all its services projects, the company has emerged as a Partner-of-choice for leading Indian companies and Government. The company’s project teams seamlessly integrate into its client project development team & environment and act as a virtual extension of their GIS & Engineering enterprise solutions.

Based in Nagpur with branch offices across India at Mumbai, Pune, Hyderabad, Ahmedabad, Lucknow, Company has marked its global market presence through its overseas subsidiary offices in Africa- Nairobi (Kenya), the Company boasts the state-of-art infrastructure at Nagpur with ultra modern IT Systems for Data Security and Integrity. The company has developed domain expertise in the fields of GIS / Remote Sensing, LiDAR (Light Detection and Ranging), Photogrammetry, Energy System and solutions, Engineering Design Services, Surveys and Customized Application Development. ADCC possesses requisite human resource in the form of 1000+ professionals that include Geologists, Engineers, Designers and 3D Modelers, based out of its GIS Centers at Nagpur, Mumbai, Lucknow and Hyderabad. The company is recognized as a Partner-of-choice for leading Indian companies and Government organizations. Driver of this success is seamless integration of the ADCC Project teams into clients‘ project development teams as well as environment and act as a virtual extension of their GIS & Engineering enterprise solutions.

ADCC Infocad has received various awards:

  • Partner of the year-FY 09-EMIA (Europe, Middle East, India and Africa) award for implementing 6500 software licenses in 250+colleges in Maharashtra.
  • The Best Partner Award in 2005-2006 for Implementing Geospatial Products across India for Geological Survey of India/MIDC.
  • Associated with the success story of Malkapur Nagar Panchayat, which was awarded with The Prime Minister Award for 24x7 Water Supply Implementation and implementation of GIS Mapping, Consumer Survey, and Water Billing Software & Customized GIS Application.

Subsidiaries of the company:

  • ADCC International East Africa
  • ADCC Academy
  • AI Instruments

 

 

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