Palred Technologies Ltd - Stock Valuation and Financial Performance

BSE: 532521 | NSE: PALREDTEC | IT - Software | Small Cap

Palred Technologies Share Price

137.90 0.80 0.58%
as on 12-Apr'24 10:08

DeciZen - make an informed investing decision on Palred Technologies

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

1. Quality

2. Valuation


3. Price Trend

Palred Technologies stock performance -

mw4me loader
P/E Ratio (SA):
Market Cap:
167.7 Cr.
52-wk low:
52-wk high:

Is Palred Technologies Ltd an attractive stock to invest in?

1. Is Palred Technologies Ltd a good quality company?

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

2. Is Palred Technologies Ltd undervalued or overvalued?

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

3. Is Palred Technologies Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Palred 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 Palred Technologies:

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.
Palred Technologies 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

ROCE % 16.3%3%-1.3%-4.4%1.1%-26.3%-0.3%-15.4%12.6%5.4%-
Value Creation

Growth Parameters

Growth Parameters Colour Code Guide

Sales 17.92.200000.
Sales YoY Gr.--87.9%-100%NANANANA64.1%-0.7%0%-
Adj EPS 7.41.3-1.2-30.7-14.6-0.1-
YoY Gr.--82.1%-190.2%NANA-2077%NANANA-45.4%-
BVPS (₹) 44.345.67167.480.
Adj Net
Cash Flow from Ops. -43.9-3.1-2.9-1.8-1.6-1.5-1.4-0.90.3-1.5-
Debt/CF from Ops. 0000000000-


CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -24.1%NA17.7%0%
Adj EPS -12.4%24.9%NA-45.4%
Share Price 16.3% 35.1% 6% -0.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Return on
Equity %
Op. Profit
Mgn %
Net Profit
Mgn %
Debt to
Working Cap
Cash Conv.

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.00%

Sales growth is growing at healthy rate in last 3 years 17.70%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Palred Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) 2.2 -3.1
TTM Sales (₹ Cr.) 1.5 125
BVPS (₹.) 54.5 45.9
Reserves (₹ Cr.) 54 44
P/BV 2.52 2.99
PE 63.65 0.00
From the Market
52 Week Low / High (₹) 116.10 / 229.30
All Time Low / High (₹) 9.50 / 352.15
Market Cap (₹ Cr.) 168
Equity (₹ Cr.) 12.2
Face Value (₹) 10
Industry PE 34.2

Management X-Ray of Palred Technologies:

Shareholding Pattern

Promoter's Holding & Share Pledging

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

Event Update

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Analyst's Notes

Key Ratios of Palred Technologies

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
Operating Expenses 21532112222
Manufacturing Costs1000000000
Material Costs0200000000
Employee Cost 13111111111
Other Costs 7222111111
Operating Profit -4-3-3-2-1-1-10-10
Operating Profit Margin (%) -20.0%-150.0%-----109.0%-19.9%-34.3%-7.1%
Other Income 5621221112
Interest 0000000000
Depreciation 1000000000
Exceptional Items 16000-10-480-541
Profit Before Tax 1613-1-21-480-443
Tax 34001000000
Profit After Tax 1273-1-31-480-443
PAT Margin (%) 711.6%119.8%-----9.6%-287.0%267.2%183.7%
Adjusted EPS (₹)65.21.3-1.2-3.60.7-49.0-0.1-
Dividend Payout Ratio (%)89%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)

Equity and Liabilities

Shareholders Fund 86895855783030263065
Share Capital 202088101010101012
Reserves 67695047682121162052
Minority Interest0000000000
Long Term Debt0000000000
Short Term Debt0000000000
Trade Payables0000000000
Others Liabilities 36111001191
Total Liabilities 122905956783131273966

Fixed Assets

Gross Block1111111111
Accumulated Depreciation0110000001
Net Fixed Assets1110000000
CWIP 0000000000
Investments 828554545391381213
Trade Receivables0000000000
Cash Equivalents 1000231915152448
Others Assets39441333434
Total Assets 122905956783131273966

Cash Flow

(All Figures are in Crores.)
Cash Flow From Operating Activity -44-3-3-2-2-2-1-10-2
PBT 1613-1-21-480-443
Adjustment -177-6-20-246-14-5-3
Changes in Working Capital 5-0-01-0-0-0-01-1
Tax Paid -33000000000
Cash Flow From Investing Activity 1743322-20211-8-22
Capex -1-100000000
Net Investments 1711165-14-91040-9-24
Others 4-8-3316-12-8-3112
Cash Flow From Financing Activity -1330-30022000824
Net Proceeds from Shares 00-3002200000
Net Proceeds from Borrowing 0000000000
Interest Paid 0000000000
Dividend Paid -113000000000
Others -190000000824
Net Cash Flow -3000000000
ROE (%)143.022.96-1.34-5.221.08-87.96-0.29-15.4514.365.82
ROCE (%)180.812.96-1.19-3.911.08-87.96-0.26-15.4412.65.41
Asset Turnover Ratio0.150.0200000.
PAT to CFO Conversion(x)-0.35-1N/AN/A-2N/AN/AN/A0-0.67
Working Capital Days
Receivable Days184000001274000
Inventory Days4000000000
Payable Days7,1072000000000

Palred Technologies Ltd Stock News

Palred Technologies Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Palred Technologies on 12-Apr-2024 10:08 is ₹137.9.
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 12-Apr-2024 10:08 the market cap of Palred Technologies stood at ₹167.7.
The latest P/E ratio of Palred Technologies as of 12-Apr-2024 10:08 is 63.65.
The latest P/B ratio of Palred Technologies as of 12-Apr-2024 10:08 is 2.52.
The 52-week high of Palred Technologies is ₹229.3 and the 52-week low is ₹116.1.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Palred Technologies is ₹1.50 ( Cr.) .

About Palred Technologies Ltd

Palred Technologies Limited (formerly Four Soft Limited) was founded in 1999, by Srikanth Palem, a graduate from Stanford University. The name of the company has been changed to  Palred Technologies Limited from Four Soft Limited in 2014.

Currently, the company has three subsidiaries, Palred Electronics Private Limited (formerly known as Palred Online Technologies Private Limited), Palred Technology Services Private Limited and Palred Retail Private limited.

Palred Group aims to become a market leader in various products of Consumer Electronics business in India. It aims to achieve this unique position by combination of factors like: (i) Creation of Innovative Products that are geared towards customer needs and that can be produced economically; (ii) Focus on enhancing customer benefit in terms of products and services as well as on close consumer contact; (iii) Proactive identification of future needs and technical applications; (iv) High value addition through combination of technology, systems & processes; (v) Simplification of a complex business involving continuously changing products and thousands of stock keeping units (SKU)/items; (vi) End-to-end integration and implementation of Systems, Processes and Automation for eficient and scalable operations; (vii) High quality Products backed by warranty; and (viii) Steady and continuous development of brand (PTron).

Started in 2014, PTron was conceptualized as an electronic and mobile accessories brand owned by Palred Electronics Private Limited, which is a subsidiary of Palred Technologies Ltd, a public-listed company on BSE and NSE since 2004.

PTron offers a bouquet of mobile accessories products to meet the needs of its consumers. PTron offers products like Bluetooth headsets, portable Bluetooth speakers, wired headsets, chargers and cables, smart watches, networking products and many more. PTron’s strength lies in its wide range of products whose quality is backed by warranty but offers them at competitive prices in the branded accessories category for the mid-market.

Business area of the company

The company is engaged in the business of E commerce. Moreover, the Group is primarily engaged into trading in mobiles, electronic products, fashion accessories and providing related services.


Palred Electronics Private Limited (PEP): Palred Electronics Pvt Ltd (PEP) owns Consumer Electronics brand, pTron. Bridging the gap between technology & people, pTron is committed to being a trendsetter in budget segment lifestyle gadgets to meet the growing needs of new-age consumers. With cutting-edge technologies & best in class features, pTron is known to offer mobile & digital lifestyle products that are engineering feats in the given price segment. pTron has emerged as a leading maker of wireless audio & digital lifestyle accessories.

Palred Technology Services Private Limited (PTS): PTS offers a bouquet of Products through its brand “Xmate” that is exclusively available on Xmate Sells products like Bluetooth headsets, Bluetooth speakers, wired headsets, chargers and cables, Computer Accessories, Cameras & Camera Accessories etc. The brand faced many challenges during last few years because of high advertisement costs and competition from other big brands. The Ccmpany was not able to achieve desired growth and it continues to make losses. Hence, the Company has decided to exit “Xmate” brand business.

Palred Retail Private Limited (PRP): Palred Retail Private Limited owns ecommerce website, ptron. in and that specialize in selling of tech and mobile accessories such as Bluetooth speakers and headsets, cables, power banks, headsets, smart watches, fashion accessories etc.

History & Milestones

  • 1999: Four Soft (Four Soft) was established, initially as Four Soft Private Ltd., at Hyderabad in the State of Andhra Pradesh ( India) by Mr. Palem Srikanth, with an objective to build the enterprise software / IT solutions in supply chain process management using advanced web technologies.
  • 2000: Four Soft's unit at Hitec City, Hyderabad is registered as 100% Export Oriented Unit under Software Technology Park scheme of the Govt. of India.
  • 2001: Four Soft has set-up a wholly owned subsidiary Four Soft LLC, San Francisco (USA), to support implementation of products in the USA.
  • 2003: Four Soft was converted into a Public Limited Company with listings on India's top stock exchanges - NSE and BSE.
  • 2004: Achieved ISO 9001:2000 certification by BVQI.Acquired Cargo Mate International, a Netherlands based premier transportation and freight forwarding software solutions company.
  • 2005: Acquired Comex Frontier Pte Ltd, a Singapore based software solutions provider and MY Comex Sdn Bhd, a Malaysian eCommerce solutions provider for logistics.Acquired DCS Transportation and Logistics Solutions division, a UK headquartered transport & logistics software solutions major, with operations in UK, The Netherlands, US, France & Germany.
  • 2006: Sets up a wholly owned subsidiary Four Soft Japan KK to support implementation of products in Japan.Acquired FWL Technologies, UK, a freight and shipping software business through wholly owned step subsidiary Four Soft UK Ltd.Acquired Transaxiom Holding A/S, a Denmark based company head quartered in Denmark with regional offices in Australia, UK, USA and Hong Kong.
  • 2007: Global Institute of logistics, New York appoints Mr.Palem Srikanth - Chairman, Managing Director & CEO, Four Soft on its advisory board.
  • 2008: Four Soft presently has global footprint in more than 10 countries across the globe with 379 customer installations and more than 53,000 users. The company currently employs more than 800, including 300 plus foreign nationals.
  • 2009: Four Soft signed a contract with Flyjac Logistics Pvt Ltd (Flyjac), Mumbai, for implementation of its purchase order management software - 4S ePOMS - across Flyjac’s multiple locations and its agents located around the globe.
  • 2010: Four Soft has signed new deal with Alba wheels.
  • 2011: Four Soft Signed Significant Contract with Vantec Corporation.
  • 2011: Four Soft signed new deal with Logistics Dynamic Corporation, Mexico.
  • 2012: Four Soft Bagged Award for Talent Management at India's Best Employer Branding Awards. Also, the company signed Significant Contract with Flowerport Logistics BV.
  • 2013: The company launched freight optimization & lsquo, 4Se Planner & rsquo.
  • 2014: Palred Technologies Limited has invested in Equity Shares of Palred Online Technologies Private Limited (POTPL) for acquisition of 74% of equity share capital, consequent to which POTPL is subsidiary of the Company.
  • 2014: The Company has changed its name to Palred Technologies Ltd. from from Four Soft Ltd.
  • 2015: Palred Technologies has acquired 74% stake in Palred IT Services Limited, consequent to which, the Palred IT Services is a subsidiary of the Company.
  • 2016: Palred Technologies Ltd. launched almost 200 different headsets in various colors and designs in an attractive price range of Rs 599 - Rs 1499.
  • 2018: PTron Launches Spunk- The Pocket Friendly Smart True Wireless Stereo Earbuds.
  • 2018: PTron Launched ‘Musicbot’ Bluetooth Speaker.
  • 2019: PTron Launches Tangent Pro- The Flexible Neckband Bluetooth Earphones.
  • 2022: Palred Technologies’ arm’s PTron expands smartwatch & TWS range with new premium models.
  • 2022: Palred Technologies’ arm’s PTron launches mini Wireless Speaker & Sports TWS.
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