Digispice Technologies Ltd - Stock Valuation and Financial Performance

BSE: 517214 | NSE: DIGISPICE | IT - Software | Small Cap

Digispice Technolog Share Price

24.26 0.97 4.16%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Digispice Technolog

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat Undervalued

3. Price Trend

Digispice Technologies stock performance -

mw4me loader
P/E Ratio (SA):
117.14
Market Cap:
567.8 Cr.
52-wk low:
15.7
52-wk high:
47.6

Is Digispice Technologies Ltd an attractive stock to invest in?

1. Is Digispice Technologies Ltd a good quality company?

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

2. Is Digispice Technologies Ltd undervalued or overvalued?

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

3. Is Digispice Technologies Ltd a good buy now?

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

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.
Digispice 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

Jun'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 0.5%-77.1%-26.9%-72.8%-38.8%2.6%-27.3%-2.2%-1.3%-4.1%-
Value Creation
Index
-1.0-6.5-2.9-6.2-3.8-0.8-3.0-1.2-1.1-1.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 68.201531551441571211111135522
Sales YoY Gr.--100%NA1.2%-7%8.9%-22.6%-8.3%1.2%-51.2%-
Adj EPS 0.1-19.6-3.2-4.9-3.90.4-4-0.3-0.2-0.50.2
YoY Gr.--16433.3%NANANANA-1202.8%NANANA-
BVPS (₹) 26.415.69.24.414.915.310.710.510.59.98.5
Adj Net
Profit
2.8-447-58.1-89.2-787.3-80.1-6-3.6-9.55
Cash Flow from Ops. -35.7-12.7-32.86.4-10.7-11.22.30.332.1-18.8-
Debt/CF from Ops. -0-0-00-1.6-2.16.349.20-0.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -2.4%-17.5%-23.2%-51.2%
Adj EPS -216.1%NANANA
BVPS-10.3%-7.8%-2.5%-5%
Share Price -0.4% 25.5% -24.2% 26.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Jun'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0.5-77.2-26.9-73-41.12.4-30-2.7-1.6-4.42.3
Op. Profit
Mgn %
-360-8-7.7-13.9-2.7-9.4-12.1-8.2-11918.8
Net Profit
Mgn %
4.10-38-57.7-54.34.7-66.1-5.4-3.2-17.321.9
Debt to
Equity
00000.10.10.10.100.1-
Working Cap
Days
1,880013210627039050243732150255
Cash Conv.
Cycle
380-11-21-56-115-250-400-579-32013

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 2.30%

Sales growth has been subdued in last 3 years -23.19%

Sales growth is not so good in last 4 quarters at -8.64%

Latest Financials - Digispice Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) 0.2 -1.6
TTM Sales (₹ Cr.) 22.3 849
BVPS (₹.) 8.5 10
Reserves (₹ Cr.) 127 164
P/BV 2.89 2.43
PE 117.14 0.00
From the Market
52 Week Low / High (₹) 15.70 / 47.64
All Time Low / High (₹) 2.04 / 152.05
Market Cap (₹ Cr.) 568
Equity (₹ Cr.) 69.7
Face Value (₹) 3
Industry PE 33.7

Management X-Ray of Digispice Technolog:

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 Digispice Technolog

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSJun'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales68015315514415712111111355
Operating Expenses 9321165167165161133125122123
Manufacturing Costs3233543110
Material Costs660150152000000
Employee Cost 91033465035221821
Other Costs 14991011410795102104101
Operating Profit -25-21-12-12-21-4-12-14-10-68
Operating Profit Margin (%) -36.0%--8.0%-7.8%-14.5%-2.8%-9.6%-12.7%-8.6%-122.0%
Other Income 34232216121611211064
Interest 0000223111
Depreciation 5487999834
Exceptional Items -1-335-62-85-492-68000
Profit Before Tax 2-337-61-88-692-81-3-3-8
Tax -20-201-6-2113
Profit After Tax 5-337-58-88-698-79-4-4-11
PAT Margin (%) 6.7%--38.0%-56.6%-48.2%5.1%-65.0%-3.6%-3.4%-20.0%
Adjusted EPS (₹)0.2-14.8-3.2-4.8-3.40.4-3.9-0.2-0.2-0.5
Dividend Payout Ratio (%)75%0%0%0%0%114%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSJun'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 60226616679301308216213214204
Share Capital 68685454616161616162
Reserves 53419811224241248156152153142
Minority Interest0000000000
Debt000017241413012
Long Term Debt0000000000
Short Term Debt000017241413012
Trade Payables63157285455394326
Others Liabilities 57547151050-3-3
Total Liabilities 614276186133361397290265254240

Fixed Assets

Gross Block89897268748183373939
Accumulated Depreciation1622414324150282831
Net Fixed Assets726768544240339118
CWIP 7700400200
Investments 183956691341368383116116
Inventories0000000000
Trade Receivables15703376844413019
Cash Equivalents 6323266333526393331
Others Assets274772661112118103926365
Total Assets 614276186133361397290265254240

Cash Flow

(All Figures are in Crores.)
PARTICULARSJun'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -36-10-336-11-112032-19
PBT 2-337-61-88-692-81-3-3-8
Adjustment -213215887631074-7-20
Changes in Working Capital -158-29-28-10191116-14
Tax Paid -3-2-19-13-13-10-1213
Cash Flow From Investing Activity 108937-952184-19-3
Capex 44-1110-6-2-34-30
Net Investments 10012833-89-12-9-7
Others 54935-48-22131212-74
Cash Flow From Financing Activity -71000101-251-80
Net Proceeds from Shares 0000000131
Net Proceeds from Borrowing 0000000000
Interest Paid 0000-2-2-2-1-1-1
Dividend Paid -3200000-12000
Others -39000113-112-110
Net Cash Flow 1-14-34-8-455-21
PARTICULARSJun'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.74-77.5-26.89-71.55-36.512.61-30.04-1.88-1.8-5.25
ROCE (%)0.41-77.44-27.98-71.44-33.861.24-27.22-0.62-0.99-3.36
Asset Turnover Ratio0.0900.660.970.580.410.350.40.430.22
PAT to CFO Conversion(x)-7.2N/AN/AN/AN/A-1.38N/AN/AN/AN/A
Working Capital Days
Receivable Days21200750122169140116164
Inventory Days0000000000
Payable Days39502227000000

Digispice Technologies Ltd Stock News

Digispice Technologies Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Digispice Technolog on 28-Mar-2024 16:01 is ₹24.26.
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 Digispice Technolog stood at ₹567.8.
The latest P/E ratio of Digispice Technolog as of 28-Mar-2024 16:01 is 117.1.
The latest P/B ratio of Digispice Technolog as of 28-Mar-2024 16:01 is 2.89.
The 52-week high of Digispice Technolog is ₹47.64 and the 52-week low is ₹15.70.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Digispice Technolog is ₹22.31 ( Cr.) .

About Digispice Technologies Ltd

Digispice Technologies Limited (formerly known as Spice Mobility Limited) is engaged in the business of digital transformation of private & public enterprises and Governments. While building a strong ecosystem over the last two decades, the Company has emerged as a technology solutions and communications platform provider globally. The Company, through its direct and step-down subsidiaries, is operating in India and South Asia and Africa. The Company through its wholly owned subsidiary “Spice Money Limited” is engaged in providing Digital Financial Services (Fintech Business).

Digispice is positioned as a trusted strategic partner in the digital transformation of private & public enterprises and governments. As a Digital Native company, the company leverage its core capabilities in engineering, analytics & automation, enabling customers to easily reinvent products, operations and business models. While building a strong ecosystem over the last two decades, it has emerged as its partners preferred choice to provide tech solutions for enterprise digital transformation, digital entertainment, digital financial services and digital government services globally.

Since 2000, the company is known to its customers as a thriving, innovation-led organization. With extensive experience in running telecom services in India (Spice Telecom), creating telecom-focused IT and content solutions and building fintech platforms and mobile ecosystems for government services, the company has catered to a diverse set of customer needs, whilst keeping pace with the rapid evolutions in the tech industry. Its in-depth knowledge of digital domains, acute technical insight, customer first approach and agile service delivery has helped it to achieve a leading position in the segments it operates in.

Business area of the company 

The company is primarily engaged into the Information and Communication Technology business providing Value Added Services, and Mobile Content services to the domestic/international Telecom Operators. Also, the company undertakes development and sale of telecom related software.

Products and services 

DiGi Entertainment Solutions: The company provides a wide range of digital entertainment solutions and digital media services that bring entertainment to your fingertips. Its offerings include innovative and highly functional entertainment solutions which give users instant access to a whole new world of infotainment. It is a leader in providing digital media and infotainment services to various Mobile Network Operators world-wide.

DiGi Government Solutions: The company aims to enable governments to leverage new technologies to accelerate economic & social development for better governance. Every government has a vision to build smart cities that use technology to deliver superior services to its citizens. The company is committed to building comprehensive digital solutions and partner with governments across the globe to help realise this dream.

DiGi Financial Solutions: The company’s DFS platform is a sophisticated, flexible and scalable financial enterprise solution that utilises state-of-the-art technologies to meet specific needs and goals of any organisation. Be it delivery of financial services through mobile enabled solutions, e-money models or other digital payment platforms, DiGiSPICE is a leader in providing the perfect solutions to Telcos, Banking, Financial Services & Insurance (BFSI) and Retail players to effectively cut costs, spike revenues and serve the underserved.

DiGi Enterprise Solutions: The company brings a range of highly advanced enterprise business solutions and enterprise IT solutions that keep organisations ahead of the game and future ready. It enables enterprises to harness the true potential of data analytics, robotics and AI to transform the way businesses operate the world over.

DiGi Identifier: The company brings a range of highly advanced enterprise business solutions and enterprise IT solutions that keep organisations ahead of the game and future ready. It enables enterprises to harness the true potential of data analytics, robotics and AI to transform the way businesses operate the world over.

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