Nintec Systems Ltd - Stock Valuation and Financial Performance

BSE: 539843 | NSE: NINSYS | IT - Software | Small Cap

Nintec Systems Share Price

490.90 8.85 1.84%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Nintec Systems

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Semi Strong

Nintec Systems stock performance -

mw4me loader
P/E Ratio (SA):
79.09
Market Cap:
895.5 Cr.
52-wk low:
136.5
52-wk high:
652.5

Is Nintec Systems Ltd an attractive stock to invest in?

1. Is Nintec Systems Ltd a good quality company?

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

2. Is Nintec Systems Ltd undervalued or overvalued?

The key valuation ratios of Nintec Systems Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Nintec Systems Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Nintec Systems 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 Nintec Systems:

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.
Nintec Systems 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 % 0%0%2.7%5.9%2.6%6.2%9.4%11.3%21.4%27.4%-
Value Creation
Index
NANA-0.8-0.6-0.8-0.6-0.3-0.20.51.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 001.23.13.67.87.78.819.832.356
Sales YoY Gr.-NANA156.3%18.7%116.3%-1.2%14.2%124.1%63.1%-
Adj EPS 000.10.20.10.30.50.71.52.56.1
YoY Gr.-NANA100%-45%145.5%74.1%38.3%123.1%69.7%-
BVPS (₹) 003.73.94.24.75.46.17.510.415.5
Adj Net
Profit
000.10.40.20.50.91.22.74.611
Cash Flow from Ops. 00-2.5-2.2-0.3-0.4-0.10.21.37.8-
Debt/CF from Ops. 0000000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA54.9%61%63.1%
Adj EPS NA86.2%73.6%69.7%
BVPSNA19.8%24.6%39.4%
Share Price - 127.8% 364.8% 255.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
002.75.82.66.19.411.321.327.447
Op. Profit
Mgn %
0015.315.36.48.613.616.717.31824.6
Net Profit
Mgn %
0011.7125.46.511.413.613.614.120.3
Debt to
Equity
0000000000-
Working Cap
Days
00019826822020670355199
Cash Conv.
Cycle
0009-3159821351375

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 47.00%

Sales growth is growing at healthy rate in last 3 years 61.00%

Net Profit is growing at healthy rate in last 3 years 73.63%

Sales growth is good in last 4 quarters at 99.95%

No data to display

Latest Financials - Nintec Systems Ltd.

Standalone Consolidated
TTM EPS (₹) 6.1 -
TTM Sales (₹ Cr.) 55.8 -
BVPS (₹.) 15.5 -
Reserves (₹ Cr.) 10 -
P/BV 31.13 -
PE 79.09 -
From the Market
52 Week Low / High (₹) 136.50 / 652.50
All Time Low / High (₹) 2.20 / 652.50
Market Cap (₹ Cr.) 895
Equity (₹ Cr.) 18.6
Face Value (₹) 10
Industry PE 33.5

Management X-Ray of Nintec Systems:

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 Nintec Systems

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1348892032
Operating Expenses 1337771626
Manufacturing Costs00000000
Material Costs00010011
Employee Cost 0225571421
Other Costs 01111115
Operating Profit 00011136
Operating Profit Margin (%) 14.2%15.3%6.4%8.6%13.6%16.7%17.3%18.0%
Other Income 00111012
Interest 00000000
Depreciation 00000001
Exceptional Items 00000000
Profit Before Tax 01112247
Tax 00000012
Profit After Tax 00111136
PAT Margin (%) 11.0%14.5%14.3%10.9%16.5%14.8%14.0%17.2%
Adjusted EPS (₹)0.10.20.30.50.70.71.53.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 578910111419
Share Capital 577777710
Reserves 01123479
Minority Interest00000000
Debt00000000
Long Term Debt00000000
Short Term Debt00000000
Trade Payables00010101
Others Liabilities 00011135
Total Liabilities 5891011131725

Fixed Assets

Gross Block00111123
Accumulated Depreciation00000112
Net Fixed Assets00001012
CWIP 00000000
Investments 45536896
Inventories00000000
Trade Receivables10041014
Cash Equivalents 000033411
Others Assets03331113
Total Assets 5891011131725

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -2-2000018
PBT 01112247
Adjustment 00-100000
Changes in Working Capital -3-3-0-1-1-1-22
Tax Paid 0000000-1
Cash Flow From Investing Activity 0001000-1
Capex 0000000-1
Net Investments 00000000
Others 00000000
Cash Flow From Financing Activity 52000000
Net Proceeds from Shares 52000000
Net Proceeds from Borrowing 00000000
Interest Paid 00000000
Dividend Paid 00000000
Others 00000000
Net Cash Flow 20000117
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)2.617.176.8610.3213.6512.2922.0133.37
ROCE (%)3.7810.4910.1914.4117.7316.1829.2744.42
Asset Turnover Ratio0.220.450.440.840.730.741.331.52
PAT to CFO Conversion(x)-INF-INF00000.331.33
Working Capital Days
Receivable Days19440486116371527
Inventory Days00000000
Payable Days000158788570155418

Nintec Systems Ltd Stock News

Nintec Systems Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Nintec Systems on 28-Mar-2024 16:01 is ₹490.9.
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 Nintec Systems stood at ₹895.5.
The latest P/E ratio of Nintec Systems as of 28-Mar-2024 16:01 is 79.09.
The latest P/B ratio of Nintec Systems as of 28-Mar-2024 16:01 is 31.13.
The 52-week high of Nintec Systems is ₹652.5 and the 52-week low is ₹136.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Nintec Systems is ₹55.84 ( Cr.) .

About Nintec Systems Ltd

The company was incorporated as NINtec Systems Limited on August 04, 2015 with the Registrar of Companies, Gujarat as a public limited company under the provisions of the Companies Act 2013.

The company is headquartered in Ahmedabad and is promoted by Niraj C Gemawat and Indrajeet A. Mitra. The company’s promoters have years of rich experience in software development. The company’s primary focus is to deliver high quality and affordable services to the broader population by leveraging its economies of scale, skilled staff, and an efficient business model.

It is a provider of software development services and solutions. It specializes in providing offshore software product development, software migration, multimedia design & development, application development & maintenance, web designing, digitization of engineering drawings, and search engine optimization. The company’s customer base includes companies from diverse industry verticals like Automotive, Print Media & Publishing, Banking, Financial Services & Insurance (BFSI), Transportation and Logistics. The company’s primary objective is to bring the strategic differential advantage of offshore software outsourcing to the doorstep of its customers globally.

Services offered by the company

Business Analytics: The company uses advanced analytics to extract and interpret complex data which can then be reviewed and acted upon to find better ways of doing business through use of business analytics and engage with customers and stakeholders, and ultimately leading to make better business decisions based on analytical judgements. With the company’s business analytics solutions, data driven insights are easy to obtain and harness.

Cloud Services: With the company’s end-to-end cloud services including cloud advisory, infrastructure, integration, management, and security, enterprise’s transition to a cloud empowered organization turns seamless and efficient.

Application Engineering:  The company recognizes the need for this transformation and so offers its clients a full suite of Application Services including planning, designing, building, implementing and optimizing application development and maintenance. It strives to help organizations remain efficient and agile, and its application services are an effective and affordable means to this end.

Testing Services:  Nintec’s QA professionals are highly experienced and follow best practices in the field. The company’s Testing Services include test automation, performance testing, functional testing, security testing and validation, usability and accessibility testing, regression testing, among others.

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