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Sahana System Ltd (SAHANA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SAHANA IT - Software | Small Cap | Sahana System Share Price

BSE Share Price
Not Listed

Sahana System Ltd (SAHANA)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 0 NSE: SAHANA IT - Software | Small Cap | Sahana System Share Price

BSE Share Price
Not Listed
Key Metrics
Valuation Multiples
Market Cap
₹707 Cr.
Current Price
₹0
52-Week Low / High
₹0 / 0
TTM EPS
₹54.8
TTM Sales
₹237 Cr.
Book Value per Share
₹163.2
P/E Ratio
14.60
Lower than its 5-year historical median
Industry PE
22.2
Price to Book (P/B)
4.90
Lower than its 5-year historical median
Price to Sales (P/S)
2.99
Lower than its 5-year historical median
EV/EBITDA
9.77
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
17.50%
Outperforms industry median
Return on Capital Employed (ROCE)
23.97%
Outperforms industry median
Return on Assets (ROA)
13.17%
Operating Profit Margin
22.6%
Net Profit Margin
15.93%
Gross Profit Margin
24%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
101.99%
Operating Profit Growth (1 Year)
Slowing versus 3-year growth rate
29.4%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
14.83%
Asset Quality
Promoter Holding
57.31%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹135 Cr.
Equity
₹8.8 Cr.
Face Value
₹10
All Time Low / High
- / -

Sahana System stock performance

Key Ratios
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Quality

Somewhat Good
Check detailed performance

Valuation

Somewhat Undervalued

Check Valuation charts

Price Trend

Weak
Check Price chart
Q.1 Is Sahana System Ltd a good quality company?
Sahana System Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

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We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

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How does Sahana System Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Sahana System Ltd vs industry peers?
Sahana System Ltd revenue CAGR is 76.78%, compared to the industry median CAGR of 2.48%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Sahana System Ltd?
Promoters hold 57.31% of the Sahana System Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Sahana System Ltd over the last decade?
Over the last 1 year(s), the stock has delivered a CAGR of -50.07% based on the current price.
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10 Year X-Ray :

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.
Sahana System Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation ⓘ

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % ⓘ10.2%11.5%31.4%76.1%46.7%24%-
Value Creation
Index ⓘ		-0.3-0.21.24.42.30.7-

Growth Parameters ⓘ
Sales ⓘ6.33.312.224.153.7108237
Sales YoY Gr.--47.3%267.7%98.4%122.3%102%-
Adj EPS ⓘ0.412.511.118.819.654.8
YoY Gr.-163.2%153%340.3%68.9%3.9%-
BVPS (₹) ⓘ0.11.18.11966.5163.2163.2
Adj Net
Profit ⓘ		0.10.21.46.21517.348
Cash Flow from Ops. ⓘ-4.6-0.10.30.925.4-18.7-
Debt/CF from Ops. ⓘ-1.4-8717.65.10.5-0.2-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘNA76.8%107.3%102%
Adj EPS ⓘNA119.9%97.7%3.9%
BVPSⓘNA386.3%172%145.3%
Share Price - - - -53%

Key Financial Parameters ⓘ

Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity % ⓘ		629178.360.182.247.217.533.6
Op. Profit
Mgn % ⓘ		12.325.422.840.135.322.6NAN
Net Profit
Mgn % ⓘ		1511.625.72815.920.5
Debt to
Equity ⓘ		659.941.51.10.50.20-
Working Cap
Days ⓘ		08133162801691860
Cash Conv.
Cycle ⓘ		066124817831800

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales63122454108
Operating Expenses > ⓘ + 629143584
Manufacturing Costs005183168
Material Costs503-510
Employee Cost 1211211
Other Costs > ⓘ 000025
Operating Profit > ⓘ 113101924
Operating Profit Margin (%) 12.3%25.4%22.8%40.1%35.2%22.6%
Other Income > ⓘ + 000002
Exceptional Items > ⓘ 000000
Interest > ⓘ 111100
Depreciation > ⓘ 000001
Profit Before Tax > ⓘ 00291925
Tax > ⓘ 001348
Profit After Tax 00161517
PAT Margin (%) 1.0%5.0%11.6%25.7%28.0%15.9%
Adjusted EPS (₹)0.41.02.511.118.819.6
Dividend Payout Ratio (%)0%0%0%0%0%0%

Valuation of Sahana System - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 0051153144
Share Capital ⓘ 003689
Reserves ⓘ 001545135
Debt +7755134
Long Term Debt700001
Short Term Debt0755133
Minority Interest000000
Trade Payables20351710
Others Liabilities ⓘ 0024515
Total Liabilities ⓘ 88152489174

Fixed Assets

Net Fixed Assets ⓘ +0000017
Gross Block0001118
Accumulated Depreciation000001
CWIP ⓘ 1111148
Investments ⓘ 00002345
Inventories77813136
Trade Receivables10571254
Cash Equivalents 00002521
Others Assets ⓘ 0013224
Total Assets ⓘ 88152489174

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity ⓘ + -5-00125-19
PBT ⓘ 00291925
Adjustment ⓘ 110100
Changes in Working Capital ⓘ -5-1-2-611-38
Tax Paid ⓘ -000-3-5-7
Cash Flow From Investing Activity ⓘ + 40-00-36-44
Capex 40-00-14-11
Net Investments 0000-23-18
Others ⓘ 000-00-16
Cash Flow From Financing Activity ⓘ + 100-33552
Net Proceeds from Shares ⓘ -10302861
Net Proceeds from Borrowing ⓘ 000000
Interest Paid ⓘ -1-1-100-0
Dividend Paid ⓘ 000000
Others ⓘ 21-2-38-8
Net Cash Flow ⓘ 0-00-225-11

Financial Ratio

PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)N/AN/A60.1482.2247.1417.5
ROCE (%)N/AN/A31.476.0946.7223.97
Asset Turnover Ratio0.750.411.071.230.950.83
PAT to CFO Conversion(x)N/AN/A00.171.67-1.12
Working Capital Days
Receivable Days37.6043.6074.2090.7066.70111.40
Inventory Days405.20764230.30163.5087.3031.70
Payable Days126.701,851.40185.50-310.306,184.100

Management X-Ray

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 (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Sahana System Ltd FAQs

The current trading price of Sahana System on 01-Jan-1970 05:30 is ₹0.00.

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 31-Dec-1969 the market cap of Sahana System stood at ₹707.4 Cr

The latest P/E ratio of Sahana System as of 31-Dec-1969 is 14.60.

The latest P/B ratio of Sahana System as of 31-Dec-1969 is 4.90.

The 52-week high of Sahana System is ₹0.00 and the 52-week low is ₹0.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Sahana System is ₹237 ( Cr.) .

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

The key valuation ratios of Sahana System Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Sahana System Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Sahana System Ltd

The company was originally formed as a partnership firm in the name and style of ‘M/s. Oceans Technologies’ through partnership deed dated March 1, 2013. The partnership firm commenced its business with effect from November 1, 2012. Promoter of the company Pratik Kakadia joined the partnership firm on June 7, 2014, as a partner. Its promoter, along with his mother Shardaben Kakadia, acquired 100% stake of the partnership firm. On April 30, 2019, the name of the partnership firm was changed from ‘M/s Oceans Technologies’ to ‘M/s Sahana System’ and other partners Hetal Patel, Trupesh Radadiya, Jigneshkumar Ambalia, Manish Vasaniya and Ramjibhai Kakadia were introduced in the partnership firm. The partnership firm was converted into Private Limited company under part I (Chapter XXI) of the Companies Act, 2013 in the name and style of Sahana System Private Limited vide Certificate of Incorporation dated February 20, 2020, was issued by the Registrar of Companies, Central Registration Center, Ministry of Corporate Affairs. Subsequently, the company was converted into Public Limited company pursuant through a special resolution passed by its shareholders at the extra ordinary general meeting held on March 31, 2022, and the name of the company was changed to ‘Sahana System Limited’ and a fresh certificate of incorporation was issued by the Registrar of Companies, Ahmedabad dated April 05, 2022.

It has been certified as CMMI Maturity Level - 3 in E-Commerce department by Equalitas Certifications Limited, a CMMI Institute Partner. The company is also recognized as a start up by the Department for Promotion of Industry and Internal Trade, Ministry of Commerce & Industry. The recognition certificate is valid for 10 years from the date of incorporation of the company till up to February 19, 2030. The Company is registered under ‘IT Services’ Industry and ‘Product Development’ sector.

It is engaged in the business of offering IT related services including web app development, mobile application development, AI & ML development, ChatBot development, product prototyping, graphics designing, UI / UX design, SEO & ASO, digital marketing, website & application migration, cyber security and outsourcing of IT services. Some of the industries it caters to includes healthcare, surveillance, retail, education / e-learning, restaurants, banking, media & entertainment and fintech. It is also engaged in the trading of hardware instruments related to Franking Machines / Computers / LED / Laptops. 

Business area of the company

The company is engaged in the business of offering IT related services including web app development, mobile application development, AI & ML development, ChatBot development, product prototyping, graphics designing, UI / UX design, SEO & ASO, digital marketing, website & application migration, cyber security and outsourcing of IT services.

Services and products of the company

  • Web app development
  • Mobile application development
  • AI & ML Development
  • ChatBot development
  • Graphics designing
  • Product prototyping
  • UI / UX design
  • SEO & ASO
  • Digital marketing
  • Website & application migration
  • Cyber security
  • Hardware trading
  • Electric vehicle charger 

History and milestones

  • 2012: Incorporated Partnership firm in style of ‘M/s Oceans Technologies’
  • 2014: Pratik Kakadia introduced as Incoming partner of Partnership firm along with his mother Shardaben Kakadia.
  • 2020: Entered into Hardware trading service business.
  • 2020: AI-ML based unique software used for Face/Object Detection system.
  • 2020: Received its first Government Project.
  • 2020: Conversion of the company from Partnership Firm to Private Limited Company.
  • 2022: Order from Andhra Pradesh Government for installation of EV Charging Station.
  • 2022: Received ISO 9001:2015 (Quality Management System) for Software Development and Testing Services.
  • 2022: Received ISO/SEC 27001:2013 (Information Security Management System) for Software Development and Testing Services.
  • 2022: Conversion of the company from Private Limited Company to Public Limited Company.
  • 2022: Received CMMI Maturity Level - 3 in E-Commerce department by Equalitas Certifications Limited, a CMMI Institute Partner.

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