ITCONS E-Solutions Ltd - Stock Valuation and Financial Performance

BSE: 543806 | NSE: | Professional Services | Small Cap

ITCONS E-Solutions Share Price

57.21 0.00 0.00%
as on 17-May'24 16:01

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ITCONS E-Solutions stock performance -

mw4me loader
P/E Ratio (SA):
16.66
Market Cap:
28.8 Cr.
52-wk low:
37
52-wk high:
77.9

Is ITCONS E-Solutions Ltd an attractive stock to invest in?

1. Is ITCONS E-Solutions Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that ITCONS E-Solutions Ltd is a below average quality company.

2. Is ITCONS E-Solutions Ltd undervalued or overvalued?

The key valuation ratios of ITCONS E-Solutions Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is ITCONS E-Solutions Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of ITCONS E-Solutions 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 ITCONS E-Solutions:

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.
ITCONS E-Solutions 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%0%0%0%0%7.3%5.5%48.1%23.7%-
Value Creation
Index
NANANANANANA-0.5-0.62.40.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 0000008.38.318.228.228
Sales YoY Gr.-NANANANANANA-0.2%118.5%55.1%-
Adj EPS 0000000.40.34.53.43.4
YoY Gr.-NANANANANANA-29.7%1630.8%-25.1%-
BVPS (₹) 0000003.43.67.824.224.2
Adj Net
Profit
0000000.10.11.31.72
Cash Flow from Ops. 000000-1.40.40-0.8-
Debt/CF from Ops. 000000-1.13.7-125.3-0.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA50.1%55.1%
Adj EPS NANA108.8%-25.1%
BVPSNANA92.9%210.7%
Share Price - - - 22.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
00000010.97.578.823.614.2
Op. Profit
Mgn %
0000004.51.69.88.6NAN
Net Profit
Mgn %
0000001.30.97.166.1
Debt to
Equity
0000001.51.30.50-
Working Cap
Days
000000012676880
Cash Conv.
Cycle
00000006137490

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 50.09%

Net Profit is growing at healthy rate in last 3 years 108.84%

Return on Equity has declined versus last 3 years average to 14.20%

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

Latest Financials - ITCONS E-Solutions Ltd.

Standalone Consolidated
TTM EPS (₹) 3.4 -
TTM Sales (₹ Cr.) 28.2 -
BVPS (₹.) 24.2 -
Reserves (₹ Cr.) 7 -
P/BV 2.37 -
PE 16.66 -
From the Market
52 Week Low / High (₹) 37.00 / 77.90
All Time Low / High (₹) 33.01 / 77.90
Market Cap (₹ Cr.) 28.8
Equity (₹ Cr.) 5
Face Value (₹) 10
Industry PE 48.4

Management X-Ray of ITCONS E-Solutions:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of ITCONS E-Solutions

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23
Sales8.348.3218.1828.20
Operating Expenses 7.968.1916.4025.77
Manufacturing Costs0.430.360.240.09
Material Costs0000
Employee Cost 6.197.1311.5722.69
Other Costs 1.340.714.583
Operating Profit 0.380.131.782.43
Operating Profit Margin (%) 4.5%1.6%9.8%8.6%
Other Income 0.010.100.020.22
Interest 0.110.080.120.20
Depreciation 0.050.050.030.19
Exceptional Items 0000
Profit Before Tax 0.230.101.662.26
Tax 0.130.030.370.53
Profit After Tax 0.110.081.291.73
PAT Margin (%) 1.3%0.9%7.1%6.1%
Adjusted EPS (₹)0.40.34.53.4
Dividend Payout Ratio (%)0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 0.971.042.2312.16
Share Capital 0.010.010.015.03
Reserves 0.961.032.227.13
Minority Interest0000
Debt1.451.361.060.06
Long Term Debt000.560
Short Term Debt1.451.360.500.06
Trade Payables000.381.57
Others Liabilities 1.050.951.360.49
Total Liabilities 3.473.365.0314.28

Fixed Assets

Gross Block0.460.490.490.95
Accumulated Depreciation0.360.410.440.63
Net Fixed Assets0.100.080.050.32
CWIP 0000
Investments 0000
Inventories0000
Trade Receivables1.411.372.787.02
Cash Equivalents 0.330.580.155.24
Others Assets1.621.332.041.69
Total Assets 3.473.365.0314.28

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -1.420.37-0.01-0.80
PBT 0.230.101.662.26
Adjustment 0.150.030.150.34
Changes in Working Capital -1.670.27-1.67-3.03
Tax Paid -0.13-0.03-0.14-0.36
Cash Flow From Investing Activity 0.700.060-0.45
Capex -0.01-0.030-0.46
Net Investments 0000
Others 0.720.0800.01
Cash Flow From Financing Activity 0.95-0.17-0.416.34
Net Proceeds from Shares 0007.55
Net Proceeds from Borrowing 00-0.01-0.56
Interest Paid -0.11-0.08-0.11-0.20
Dividend Paid 0000
Others 1.06-0.09-0.29-0.45
Net Cash Flow 0.230.25-0.435.09
PARTICULARSMar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)10.927.4978.7624.01
ROCE (%)13.677.6162.1731.69
Asset Turnover Ratio2.412.444.332.92
PAT to CFO Conversion(x)-12.914.63-0.01-0.46
Working Capital Days
Receivable Days62614263
Inventory Days0000
Payable Days0000

ITCONS E-Solutions Ltd Stock News

ITCONS E-Solutions Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of ITCONS E-Solutions on 17-May-2024 16:01 is ₹57.21.
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 17-May-2024 16:01 the market cap of ITCONS E-Solutions stood at ₹28.77.
The latest P/E ratio of ITCONS E-Solutions as of 17-May-2024 16:01 is 16.66.
The latest P/B ratio of ITCONS E-Solutions as of 17-May-2024 16:01 is 2.37.
The 52-week high of ITCONS E-Solutions is ₹77.90 and the 52-week low is ₹37.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of ITCONS E-Solutions is ₹28.20 ( Cr.) .

About ITCONS E-Solutions Ltd

ITCONS E-Solutions was originally incorporated as ‘ITCONS E-Solutions Private Limited’ on May 15, 2007 under the provision of the Companies Act, 1956. Subsequently, the company was converted into Public Limited Company under the Companies Act, 2013 and the name of the company was changed to ‘ITCONS E-Solutions Limited’’ vide a fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company dated November 11, 2022 issued by Registrar of Companies - Delhi.

ITCONS E-Solutions Limited, is in the business of providing human resource services to both public and private organizations mostly in organized sector in diverse roles and responsibilities since 2007, having its Registered office situated at New Delhi and Corporate Office at Noida. Its services primarily include 1) Manpower Supply/Recruitment Services; and 2) Manpower Sourcing/Staffing Services.

Incorporated in 2007, the company has well-known and reputed clients from the Information Technology, Staffing & Recruitment, Food, FMCG space amongst others, which include MNCs as its clients. Presently its Manpower Supply Services account for a majority of its revenues, and Manpower Souring Services contributes to rest of its revenues. Both the business lines broadly fall within the scope of staffing services and accordingly, audited segment-wise breakup is not required.

Since Incorporation, ITCONS E-Solutions Limited has been developing its service offering to support its clients in their end-to-end HR needs through its bouquet of services under one roof

Business area of the company

The company is engaged in providing IT consulting along with Permanent/temp staffing solutions and primarily into the business of providing human resource services to both public and private organizations mostly in organized sector in diverse roles and responsibilities since 2007.

Services of the company

Workforce Management

  • IT Staffing
  • General Staffing
  • Re-badging 
  • Recruitment Process Outsourcing (RPO)
  • Pass through Services 
  • Permanent Hiring

Technology solution

  • Payroll Services
  • Managed IT Services 
  • Product Installation & Servicing Solutions

History and milestones

  • 2007-08: The company started its operations on May 15, 2007 and started developing Recruit Plus Talent Management client.
  • 2009-10: ITCONS was declared as TATA NEN hottest start-up finalist.
  • 2009-10: ITCONS won Microsoft BizSpark award.
  • 2009-10: ITCONS was conferred NASSCOM IT Innovator Award.
  • 2010-11: ITCONS got Amity capital venture as Seed investment partner.
  • 2011-12: ITCONS became Red Herring (Asia) finalist.
  • 2011-12: ITCONS received ET Power of Ideas award.
  • 2012-13: ITCONS received Red Herring (Global) finalist award.
  • 2013-14: ITCONS received Star Entrepreneur Award
  • 2016-17: ITCONS shifts its office to new premises; 3rd Floor, B-10, Bajaj Bhawan, Sector -3, Noida, Uttar Pradesh
  • 2022-23: Company converted into Public Limited Company
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