AGS Transact Technologies Ltd - Stock Valuation and Financial Performance

BSE: 543451 | NSE: AGSTRA | Business Support | Small Cap

AGS Transact Tech Share Price

67.72 3.22 4.99%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on AGS Transact Tech

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

AGS Transact Technologies stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
822.1 Cr.
52-wk low:
44
52-wk high:
126.7

Is AGS Transact Technologies Ltd an attractive stock to invest in?

1. Is AGS Transact Technologies Ltd a good quality company?

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

2. Is AGS Transact Technologies Ltd undervalued or overvalued?

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

3. Is AGS Transact Technologies Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of AGS Transact 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 AGS Transact 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.
AGS Transact 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

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'21Mar'22Mar'23TTM
ROCE % 8.3%4.7%7.2%7.7%5.3%5.2%6.5%10.3%5%8%-
Value Creation
Index
-0.4-0.7-0.5-0.5-0.6-0.6-0.5-0.3-0.7-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 5126379491,1671,1441,2171,3091,3731,3171,2101,105
Sales YoY Gr.-24.5%49.1%22.9%-2%6.4%7.5%4.9%-4.1%-8.1%-
Adj EPS 3.93.46.120.40.31.65.5-7.51.1-6.4
YoY Gr.--13.2%81.3%-67%-80.1%-32.5%485.2%248.7%-236.7%NA-
BVPS (₹) 129184.519138.238.539.941.552.444.445.742.5
Adj Net
Profit
7.37.513.724.24.83.218.865.3-90.512.9-77
Cash Flow from Ops. -96.619.67.1118140194210363237196-
Debt/CF from Ops. -2.19.45843.632.932.53.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10%1.1%-2.6%-8.1%
Adj EPS -13.3%21.8%-12.2%NA
BVPS-10.9%3.5%3.3%3.1%
Share Price - - - 47.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'21Mar'22Mar'23TTM
Return on
Equity %
4.52.33.25.410.73.911.6-15.32.3-14.5
Op. Profit
Mgn %
11.110.814.615.111.612.414.227.624.423.611.8
Net Profit
Mgn %
1.41.21.42.10.40.31.44.8-6.91.1-7
Debt to
Equity
0.80.40.911.11.31.21.81.11.3-
Working Cap
Days
202248231232250235228246289322148
Cash Conv.
Cycle
7377475447545335193824

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -2.58%

Debt to equity has increased versus last 3 years average to 1.34

Sales growth is not so good in last 4 quarters at -8.01%

Latest Financials - AGS Transact Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) -6.4 -7.5
TTM Sales (₹ Cr.) 1,105 1,546
BVPS (₹.) 42.5 38.2
Reserves (₹ Cr.) 395 342
P/BV 1.59 1.77
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 44.00 / 126.70
All Time Low / High (₹) 44.00 / 181.85
Market Cap (₹ Cr.) 822
Equity (₹ Cr.) 121.4
Face Value (₹) 10
Industry PE 43.1

Management X-Ray of AGS Transact Tech:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.008.2810.6912.7712.7712.778.99
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of AGS Transact Tech

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'21Mar'22Mar'23
Sales5126379491,1671,1441,2171,3091,3731,3171,210
Operating Expenses 4555688119951,0181,0691,127995995927
Manufacturing Costs20347790127343349211231204
Material Costs232254324410329324317261227177
Employee Cost 435768718599112137139129
Other Costs 160223342423477302349386398416
Operating Profit 5769138173126149182378322284
Operating Profit Margin (%) 11.0%10.8%14.6%14.8%11.0%12.2%13.9%27.5%24.4%23.4%
Other Income 2234111512341529
Interest 28255563657174114231122
Depreciation 18346375658187197187172
Exceptional Items 0000000000
Profit Before Tax 1211243871232101-8118
Tax 5391536133173
Profit After Tax 781523461970-8915
PAT Margin (%) 1.4%1.2%1.5%2.0%0.3%0.5%1.5%5.1%-6.7%1.2%
Adjusted EPS (₹)1.00.91.61.90.30.51.65.9-7.41.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 249421435460464472492621533551
Share Capital 263030120120119119119120120
Reserves 223391406340343354374502413431
Minority Interest0000000000
Debt196166356411434496506914514619
Long Term Debt1167220178150221297773396486
Short Term Debt185100137233284275209141118133
Trade Payables64148151173174195178421459327
Others Liabilities 3965161172188196292767617545
Total Liabilities 5487991,1041,2151,2611,3591,4682,7242,1232,042

Fixed Assets

Gross Block1692804405066234735791,1151,1391,211
Accumulated Depreciation266012118925681164376446613
Net Fixed Assets143220319317367391415739694598
CWIP 11413953264246363735
Investments 010253454119142276266290
Inventories89133149177188167134706473
Trade Receivables171232256340264291353707769718
Cash Equivalents 181052379196684860
Others Assets116154310272354340358228245268
Total Assets 5487991,1041,2151,2611,3591,4682,7242,1232,042

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -97207118140194210363237196
PBT 1211243871232101-8118
Adjustment 5766134158150150166286430317
Changes in Working Capital -151-42-141-7026640-23-82-107
Tax Paid -15-16-9-8-19-33-27-1-30-33
Cash Flow From Investing Activity -106-154-182-98-117-209-149-11730-109
Capex -107-142-165-88-93-147-130-71-49-68
Net Investments 00000522-5274-25
Others 2-11-17-10-24-67-4064-16
Cash Flow From Financing Activity 208126174-2-4018-55334-830-101
Net Proceeds from Shares 16416409000061
Net Proceeds from Borrowing 00191-34-2295915485132
Interest Paid -24-22-54-63-65-59-65-68-197-90
Dividend Paid 00000000-120
Others 68-16388547-18-81347-711-144
Net Cash Flow 6-8-117-1637579-563-14
PARTICULARSMar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'21Mar'22Mar'23
Ratios
ROE (%)4.622.423.475.250.771.193.9812.59-15.362.74
ROCE (%)12.396.8310.911.397.578.099.8215.2610.4311.37
Asset Turnover Ratio1.260.981.021.020.940.950.930.660.540.58
PAT to CFO Conversion(x)-13.862.50.475.133532.3311.055.19N/A13.07
Working Capital Days
Receivable Days941129192958189141205224
Inventory Days53625350575242271921
Payable Days101152168144193208215419706809

AGS Transact Technologies Ltd Stock News

AGS Transact Technologies Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of AGS Transact Tech on 28-Mar-2024 16:01 is ₹67.72.
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 AGS Transact Tech stood at ₹822.1.
The latest P/E ratio of AGS Transact Tech as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of AGS Transact Tech as of 28-Mar-2024 16:01 is 1.59.
The 52-week high of AGS Transact Tech is ₹126.7 and the 52-week low is ₹44.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of AGS Transact Tech is ₹1,105 ( Cr.) .

About AGS Transact Technologies Ltd

AGS Transact Technologies was one of the largest integrated omni-channel payment solutions provider in India in terms of providing digital and cash-based solutions to banks and corporate clients, as of March 31, 2021. It provides customised products and services comprising ATM and CRM outsourcing, cash management and digital payment solutions including merchant solutions, transaction processing services and mobile wallets. As of March 31, 2021, the company was the second largest company in India in terms of (i) revenue from ATM managed services under the outsourcing model, and (ii) revenue from cash management and number of ATMs replenished. It also pioneered IPS with OMCs.

The company started providing banking automation solutions in India in 2004. It deployed products from international solution providers such as Diebold Nixdorf and established its own country-wide service infrastructure and automation solutions expertise to provide related services. Beginning in 2009, it leveraged its banking automation solutions expertise and service reach to offer ATM outsourcing and managed services by, among other things, entering into two cooperation agreements with Diebold Nixdorf for banking and retail products. As part of its strategy to strengthen its presence in the cash value chain, offer an integrated payments platform and improve its operational efficiencies, it commenced offering transaction switching services in 2011 and cash management services in 2012. In 2014, it expanded its offerings into digital payment solutions, enhancing its integrated digital platform and Software-as-a-Service (SaaS) capabilities. In 2016, it also entered into an alliance with ACI Worldwide (ACI), a leading international payments solution provider, which has further strengthened its value proposition to customers.

Business area of the company

The company operate its business in Payment Solutions; Banking Automation Solutions; and other Automation Solutions (for customers in the retail, petroleum and colour sectors) segments. The company’s Payment Solutions segment comprises ATM and CRM outsourcing and managed services, cash management services, iCDs, digital payment services which include toll and transit solutions, Fastlane, transaction switching services, services through POS machines and agency banking. Its Banking Automation Solutions business segment, which commenced in 2004, comprises sale of ATMs and CRMs, currency technology products and self-service terminals and related services and upgrades. Its Other Automation Solutions business segment encompasses the sale of machines and related services to customers in the retail, petroleum and colour segments.

Key Awards, Accreditations, Certifications and Recognitions

  • 2007: Top Mall Intelligence Deal (Retail) from Wincor Nixdorf Asia Pacific.
  • 2008: Overall Best Sales partner (Retail) from Wincor Nixdorf Asia Pacific.
  • 2009: Recognized as a valued partner for one year by Wincor Nixdorf Asia Pacific.
  • 2009: Listed as one of the Best Retail Suppliers by Retailer magazine.
  • 2009: Silver award under the ‘newsletter’ category from the Association of Business Communicators of India (“ABCI”).
  • 2010: Bronze award under the ‘newsletter’ category from ABCI.
  • 2011: Bronze award under the ‘newsletter’ category from ABCI.
  • 2012: Gold award under the ‘newsletter’ category from ABCI.
  • 2015: MICE Travel Mart corporate star award for best incentive programme for employees/associates.
  • 2016: ACI innovation award.
  • 2016: Achievement Award from Hughes Users in Banking.
  • 2016: Bronze award for ‘newsletter’ category from ABCI.
  • 2016: Innovative product of the year award for ‘cash management solutions’ from CMO Asia.
  • 2017: India’s Most Trusted Company 2017 from International Brand Consulting Corporation, USA.
  • 2017: Payment Awards for ‘digital payment facilitator’ to ‘Ongo’ from BBC Knowledge.
  • 2017: Silver award in the ‘E-zine’ category from ABCI.
  • 2017: Silver award in the ‘wallpaper’ category from ABCI.
  • 2017: Bronze award for ‘newsletter design’ category from ABCI.
  • 2018: ‘Emerging Brand of the Year’ award at the Brand Excellence Awards presented by ABP News.
  • 2018: Asia’s Most Trusted Payment Solutions Company 2018 from IBC Infomedia.
  • 2018: ‘Brand of the Decade’ award in the category for Payment Solutions from ERTC Media.
  • 2019: ‘QR Champions’ award at the REACH Acceptance Summit 2019.
  • 2019: ‘Best Retailer Adoption of Emerging Payments Technology’ at the Indian eRetail Awards 2019 organized by Franchise India.
  • 2019: Featured as one of Next 500 Companies; ranked 111 by revenue under Top Mid-size Companies, by Fortune India.
  • 2020: Certificate of Excellence for QR-Cash Solution under Technology - Category at 2nd Economic Times BFSI Innovation Tribe Summit & Awards.
  • 2021: Won the ‘Best Use of Technology Award 2021’ in the category - Financial Services for AGS QRCash solution awarded by National Enterprise Tech Connect.
  • 2021: Recognized as ‘Iconic Brands of India 2021’ by the Economic Times.

Major Events

  • 2002: Incorporation of the company.
  • 2004: Commenced manufacturing of paint dispensers at Daman with the expertise from Fast and Fluid Management
  • 2004: Commencement of relationship with Diebold Nixdorf.
  • 2004: Commenced operations in Banking Automation Solutions segment.
  • 2009: Entered into a cooperation agreement with Diebold Nixdorf for banking and retail products.
  • 2009: Commenced ATM outsourcing and managed services business (forming part of Banking Payments Solutions segment).
  • 2011: Introduced currency technology solutions under the brand “Genuine”
  • 2011: Investment in Company by TPG.
  • 2012: Investment in Company by Oriole.
  • 2012: Commenced cash management business through SVIL.
  • 2013: Acquisition of stake by GTSL in Novus SGP.
  • 2014: ITSL received authorization from the RBI to set up and operate payment system for semi-closed pre-paid payment instruments services in India.
  • 2014: The Company received authorization from the RBI to set up, own and operate payment systems for White Label ATMs.
  • 2016: Commenced ATM manufacturing at Daman.
  • 2016: Entered into a hosting and management services alliance with ACI Worldwide.
  • 2016: Entered the Sri Lankan market through Novus Transact Lanka (Private) Limited.
  • 2016: Entered into transit business through automatic fare and electronic toll collection systems.
  • 2018: Launched Fastlane as the first RFID payment for fuel in India.
  • 2018: Among the first company to launch QR-code based payments for various card schemes.
  • 2019: Set up AGS Community Foundation with effect from September 24, 2019.
  • 2019: Introduced an Asia-Pacific payment innovations forum ‘Paynnovate’ along with Novus Technologies, to promote advancement and innovation in the payment industry.
  • 2019: Introduced UPI QR Based Cash Withdrawal, India’s first UPI QR-Based Cash Withdrawal/Deposit Feature on ATMs powered by the Company’s technology, enabling touchless transactions.
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