DRC Systems India Ltd - Stock Valuation and Financial Performance

BSE: 543268 | NSE: DRCSYSTEMS | IT - Software | Small Cap

DRC Systems India Share Price

31.90 1.51 4.97%
as on 12-Jul'24 16:01

DeciZen - make an informed investing decision on DRC Systems India

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

1. Quality

2. Valuation

Overvalued

3. Price Trend

DRC Systems India stock performance -

mw4me loader
P/E Ratio (SA):
181.83
Market Cap:
422.6 Cr.
52-wk low:
11.9
52-wk high:
33.7

Is DRC Systems India Ltd an attractive stock to invest in?

1. Is DRC Systems India Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that DRC Systems India Ltd is a below average quality company.

2. Is DRC Systems India Ltd undervalued or overvalued?

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

3. Is DRC Systems India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of DRC Systems India Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of DRC Systems India:

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.
DRC Systems India 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'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 16.2%1.2%-16.7%-7.8%3.9%16.8%-
Value Creation
Index
0.2-0.9-2.2-1.6-0.70.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9.61310.920.619.521.840
Sales YoY Gr.-35.1%-16.3%89.4%-5.3%11.9%-
Adj EPS 0.1-0-0.1000.30.2
YoY Gr.--142.9%NANANA675%-
BVPS (₹) 0.60.60.40.10.62.42.8
Adj Net
Profit
0.3-0.1-0.5-0.40.54.12
Cash Flow from Ops. 0.6-1.9-0.20.8-1.11.8-
Debt/CF from Ops. 0000-14.20-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA17.8%26.2%11.9%
Adj EPS NA34.7%NA675%
BVPSNA33.9%87.4%330.9%
Share Price - - 49.6% 160%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
13.3-6-19.9-8.87.821.17
Op. Profit
Mgn %
-17.53.6-38.311.714.914.4
Net Profit
Mgn %
3.1-1.1-4.3-1.72.518.66
Debt to
Equity
00002.40-
Working Cap
Days
027125111715114150
Cash Conv.
Cycle
020617634867129

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 7.00%

Sales growth is growing at healthy rate in last 3 years 26.15%

Sales growth is good in last 4 quarters at 66.41%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - DRC Systems India Ltd.

Standalone Consolidated
TTM EPS (₹) 0.2 1.1
TTM Sales (₹ Cr.) 39.5 55.9
BVPS (₹.) 2.8 3.9
Reserves (₹ Cr.) 23 38
P/BV 11.55 8.18
PE 181.83 29.37
From the Market
52 Week Low / High (₹) 11.85 / 33.70
All Time Low / High (₹) 4.29 / 33.70
Market Cap (₹ Cr.) 423
Equity (₹ Cr.) 13.3
Face Value (₹) 1
Industry PE 35.1

Management X-Ray of DRC Systems India:

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 DRC Systems India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales101311212022
Operating Expenses 111311191719
Manufacturing Costs000000
Material Costs000000
Employee Cost 101188911
Other Costs 1131188
Operating Profit -200223
Operating Profit Margin (%) -17.5%3.6%-3.0%7.4%11.7%14.9%
Other Income 301004
Interest 000001
Depreciation 100211
Exceptional Items 000000
Profit Before Tax 000-116
Tax 000011
Profit After Tax 000014
PAT Margin (%) 3.3%0.0%0.1%-2.3%3.6%19.3%
Adjusted EPS (₹)0.10.00.00.00.10.3
Dividend Payout Ratio (%)0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 2226631
Share Capital 112444
Reserves 1102327
Minority Interest000000
Debt0000150
Long Term Debt0000150
Short Term Debt000000
Trade Payables111301
Others Liabilities 991634
Total Liabilities 12125142536

Fixed Assets

Gross Block333202024
Accumulated Depreciation222171819
Net Fixed Assets110335
CWIP 000000
Investments 00001420
Inventories000000
Trade Receivables794864
Cash Equivalents 311212
Others Assets210116
Total Assets 12125142536

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1-201-12
PBT 000-116
Adjustment 03132-2
Changes in Working Capital 1-6-1-1-4-1
Tax Paid 00000-1
Cash Flow From Investing Activity 2000-15-5
Capex -1000-1-3
Net Investments 0000-14-2
Others 300000
Cash Flow From Financing Activity 0000154
Net Proceeds from Shares 0000020
Net Proceeds from Borrowing 000015-15
Interest Paid 00000-1
Dividend Paid 000000
Others 000000
Net Cash Flow 3-201-12
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)14.0500.48-11.8311.6222.34
ROCE (%)19.9413.167.2-13.739.2923.45
Asset Turnover Ratio0.791.071.272.171.010.71
PAT to CFO Conversion(x)N/AN/AN/AN/A-10.5
Working Capital Days
Receivable Days26423122110413286
Inventory Days000000
Payable Days000000

DRC Systems India Ltd Stock News

DRC Systems India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of DRC Systems India on 12-Jul-2024 16:01 is ₹31.90.
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 12-Jul-2024 16:01 the market cap of DRC Systems India stood at ₹422.6.
The latest P/E ratio of DRC Systems India as of 12-Jul-2024 16:01 is 181.8.
The latest P/B ratio of DRC Systems India as of 12-Jul-2024 16:01 is 11.55.
The 52-week high of DRC Systems India is ₹33.70 and the 52-week low is ₹11.85.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of DRC Systems India is ₹39.50 ( Cr.) .

About DRC Systems India Ltd

DRC Systems India Ltd. delivers expected business solutions and the motivation and ethics that drives the company. Its mission and vision resonate with its culture. The company understands and delivers technology needs.

The company championed technological innovation since its dawn in 2012. With competent teams of developers, project managers, and strategists, it helps its clients overcome their business challenges with customized software development. Its services and solutions help its clients’ business. It contributes to the success of some of the powerful leading brands in the modern market.

Business area of the company

The company is a software development organization and deliver state-of-the-art IT business solutions to its clients across the globe. It combines technical expertise and business acumen to deliver great results.

Product and services

Discovery
  • Consultancy 
  • Discovery Workshop 
  • Dedicated Developers
Design
  • UI / UX 
  • Wireframe 
  • Frontend
Development
  • Web Development 
  • Mobile App Development 
  • Content Management System 
  • Digital Commerce / e-Commerce 
  • eLearning
Innovation
  • Blockchain 
  • Big Data 
  • Engineering 
  • Services 
  • IOT
Assurance
  • Cyber Security
  • Manual Testing
  • Automation Testing
  • Performance Testing
Deployment
  • DevOps & Cloud 
  • Salesforce 
  • Support and Maintenance
Insight
  • Data Analytics 
  • AI & Automation
Transformation
  • Enterprise Resource Planning (ERP) 
  • Enterprise Solutions 
  • Digital Marketing 
  • Digital Process Automation 
  • Hubspot
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