ICSA (India) Ltd - Stock Valuation and Financial Performance

BSE: 531524 | NSE: ICSA | IT - Software | Small Cap

ICSA India Share Price

0.57 0.00 0.00%
as on 10-Feb'20 18:01

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ICSA (India) stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
1 Cr.
52-wk low:
0.6
52-wk high:
0.6

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

The key valuation ratios of ICSA (India) Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is a good buy now?

No data found

10 Year X-Ray of ICSA India:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'09Mar'10Mar'11Mar'12Jun'13Jun'14Mar'15Mar'16Mar'17Mar'18TTM
ROCE % 35%20.8%18.9%-3.6%-50.5%-90%-170.4%-73%-36.3%0%-
Value Creation
Index
1.50.50.4-1.3NANANANANANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,1221,2371,40491533657.331.44.6000
Sales YoY Gr.-10.3%13.5%-34.8%-63.3%-83%-45.2%-85.5%-100%NA-
Adj EPS 32.625.125.8-35.1-134.8-128.5-93.6-3.5-2.2-29.2-23.3
YoY Gr.--23%2.8%-236.1%NANANANANANA-
BVPS (₹) 113.7140.6167.8134.5-27.7-162-311-237.6-239.4-268.8-295.2
Adj Net
Profit
153119123-169-649-618-451-16.6-10.7-140-112
Cash Flow from Ops. -115-118-132-96.649.8429-1-3.6-14-7.9-
Debt/CF from Ops. -3.4-5.2-6.3-10.718.72.7-1525.4-320.1-83.9-147.7-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%NA
Adj EPS -198.8%NANANA
BVPS-210%NANANA
Share Price -18% -2% - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'09Mar'10Mar'11Mar'12Jun'13Jun'14Mar'15Mar'16Mar'17Mar'18TTM
Return on
Equity %
31.518.115.8-22.2-307.5134.135.71.50.911.58.3
Op. Profit
Mgn %
24.119.920.4-5.7-151.5-1053.8-1377.4-87.500NAN
Net Profit
Mgn %
13.69.68.8-18.5-193-1079.5-1436.1-364.300-INF
Debt to
Equity
0.70.91.11.6-7-1.5-1-1-1-0.9-
Working Cap
Days
2293244147541,4986,8947,11821,501000
Cash Conv.
Cycle
1151501753677554,7044,99814,320000

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

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

Latest Financials - ICSA (India) Ltd.

Standalone Consolidated
TTM EPS (₹) -23.3 -37
TTM Sales (₹ Cr.) 0 915
BVPS (₹.) -295.2 134.1
Reserves (₹ Cr.) -1,431 658
P/BV 0.00 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 0.57 / 0.57
All Time Low / High (₹) 0.25 / 648.80
Market Cap (₹ Cr.) 1
Equity (₹ Cr.) 9.6
Face Value (₹) 2
Industry PE 33.7

Management X-Ray of ICSA India:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *98.2898.2898.2898.2898.2898.2898.2898.2898.280.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of ICSA India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Jun'13Jun'14Mar'15Mar'16Mar'17Mar'18
Sales1,122.241,237.451,403.88914.76420.0557.2823.544.5600
Operating Expenses 851.52991.701,117.09980.291,074.47663.78354.9514.520.99131.68
Manufacturing Costs242.76486.45566.05394.152.670.410.080.450.010.06
Material Costs541.97411.82438.06435.26346.87126.6951.480.54048.57
Employee Cost 16.2230.4435.0822.539.832.371.071.090.670.60
Other Costs 50.586377.90128.36715.09534.31302.3212.450.3182.44
Operating Profit 270.73245.75286.79-65.53-654.42-606.50-331.41-9.96-0.99-131.68
Operating Profit Margin (%) 24.1%19.9%20.4%-7.2%-155.0%-1,058.7%-1,407.7%-218.0%--
Other Income 1.778.5111.0326.600.320.200.110.292.870.63
Interest 53.7862.4298.38118.95140.742.490.150.270.130.10
Depreciation 12.0821.3720.3020.6025.7711.6011.6310.8710.5110.45
Exceptional Items 0000000000
Profit Before Tax 206.63170.48179.14-178.47-820.61-620.39-343.08-20.80-8.76-141.59
Tax 53.7748.6353.50-0.412.8700000
Profit After Tax 152.86121.85125.63-178.07-823.48-620.39-343.08-20.80-8.76-141.59
PAT Margin (%) 13.6%9.8%8.9%-19.5%-196.0%-1,083.0%-1,457.3%-455.0%--
Adjusted EPS (₹)32.625.826.3-37.0-171.0-128.0-71.3-4.3-1.8-29.4
Dividend Payout Ratio (%)4%6%7%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Jun'13Jun'14Mar'15Mar'16Mar'17Mar'18

Equity and Liabilities

Shareholders Fund 577.31701.41830.11669.17-154.31-774.60-1,117.68-1,138.49-1,147.25-1,288.84
Share Capital 9.399.469.559.639.639.639.639.639.639.63
Reserves 567.92691.95820.56659.54-163.94-784.23-1,127.31-1,148.11-1,156.88-1,298.47
Minority Interest0000000000
Debt391.61613.98831.451,032.971,110.10686.94688.76691.491,058.561,049.57
Long Term Debt391.61613.98174.83503.49514.26252525377.09377.67
Short Term Debt00656.63529.48595.84661.94663.76666.49681.47671.89
Trade Payables89.72128.89268.78259.67398.3671.8062.1662.5262.4662.48
Others Liabilities 86.55181.70194.90151.05315.18782.21758.62748.32393.01391.49
Total Liabilities 1,145.181,625.982,125.242,112.871,669.34766.35391.85363.84366.78214.70

Fixed Assets

Gross Block192.36229.79234.88236.48236.50236.50236.50236.5095.6982.11
Accumulated Depreciation18.7040.0560.3580.94106.71118.31129.94140.8110.5120.96
Net Fixed Assets173.66189.74174.53155.54129.79118.20106.5695.6985.1861.15
CWIP 0000000000
Investments 2.612.022.022.02200000
Inventories42.68203.27487.38481.50217.5899.1049.6749.1449.140.56
Trade Receivables509.53535.46623.99790.28955.81393.38151.62151.64166.9493.42
Cash Equivalents 60.6664.3266.556.092.231.932.982.352.282.34
Others Assets356.04631.17770.77677.44361.93153.7481.0165.0263.2457.22
Total Assets 1,145.181,625.982,125.242,112.871,669.34766.35391.85363.84366.78214.70

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'09Mar'10Mar'11Mar'12Jun'13Jun'14Mar'15Mar'16Mar'17Mar'18
Cash Flow From Operating Activity -114.59-117.57-132.13-96.5962.28429.19-0.76-3.64-14.03-7.91
PBT 206.63170.48173.62-178.47-820.61-620.39-343.08-20.80-8.76-141.59
Adjustment 49.1287.71122.32120.52175.6614.8911.6810.8510.5486.33
Changes in Working Capital -325.85-336.42-382.2613.02710.11034.69330.656.32-15.8147.35
Tax Paid -44.50-39.34-45.81-51.66-2.8700000
Cash Flow From Investing Activity -92.38-33.55-1.521.750.302.190.110.291.8818.51
Capex -94.06-37.45-5.10-1.60-0.03000012.42
Net Investments 00.59000.0120000
Others 1.673.303.583.350.320.190.110.291.886.09
Cash Flow From Financing Activity 227.59154.78135.8791.34-63.61-431.791.672.4612.09-10.55
Net Proceeds from Shares 77.931.4319.7217.370-6.140000
Net Proceeds from Borrowing 190.23222.37-3.41328.6610.77-489.260000
Interest Paid -35.29-62.42-98.38-118.95-140.74-2.49-0.15-0.27-0.13-0.10
Dividend Paid -5.29-6.60-7.57-8.60000000
Others 00225.50-127.1466.3666.101.822.7312.22-10.44
Net Cash Flow 20.623.662.23-3.51-1.02-0.421.02-0.90-0.060.05
PARTICULARSMar'09Mar'10Mar'11Mar'12Jun'13Jun'14Mar'15Mar'16Mar'17Mar'18
Ratios
ROE (%)35.3220.3317.14-24.59N/AN/AN/AN/AN/AN/A
ROCE (%)35.0320.8418.85-3.56N/AN/AN/AN/AN/AN/A
Asset Turnover Ratio1.20.890.750.430.220.050.040.0100
PAT to CFO Conversion(x)-0.75-0.96-1.05N/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days1351541502827584,2984,225000
Inventory Days1736901933031,0091,1533,95100
Payable Days589716622234667747500469

ICSA (India) Ltd Stock News

ICSA (India) Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of ICSA India on 10-Feb-2020 18:01 is ₹0.57.
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 10-Feb-2020 18:01 the market cap of ICSA India stood at ₹0.96.
The latest P/E ratio of ICSA India as of 10-Feb-2020 18:01 is 0.00.
The latest P/B ratio of ICSA India as of 10-Feb-2020 18:01 is 0.00.
The 52-week high of ICSA India is ₹0.57 and the 52-week low is ₹0.57.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of ICSA India is ₹0.00 ( Cr.) .

About ICSA (India) Ltd

I.C.S.A. India is engaged in developing embedded solutions, infrastructure solutions, and software applications to various industries such as electrical, power, oil, natural gas, and water sectors in India.

During 1998-99 the company forayed into software business and the name was changed to Innareddy Computer Software Associated (India). I.C.S.A. India is headquartered in Hyderabad, India with its operating locations spread across the World.

The company’s focus area has been the technology solutions to Power Sector to identify Transmission and Distribution (T&D) losses and monitor power consumption using GSM & alite Networks. It has developed products for energy sector in area of energy management, energy audit, control applications and data acquisition system through various medium such as GSM, CDMA, Satellite, optical fibre and RF. In power the company has develop products such as substation controllers, distribution transformer controllers, and automatic meter systems. Company’s remote monitoring products also have application in sectors like oil, mining, natural gas, and water sectors.

The company has clientele including U.P Rajkiya Nirma Nigam, Eastern Power Distribution Company of Andhra Pradesh, Kerala State Electricity Board, CESCO, Maharashtra State Electricity Distribution Company, Nile Energy Engineering Projects, Reliance energy, SOUTHCO, Oil India, Elmarc, are amongst others. ICSA International PTE., Singapore is the subsidiary company.

I.C.S.A. India’s Corporate Debt Restructuring proposal made to the CDR cell, for financial restructuring of Debt of the Company was approved. The company has proposed to restructure the Foreign Currency Convertible Bonds (FCCBs) aggregating to $21 Million issued during the calendar year 2007 which are due for redemption in March & April 2012. The same are being restructured in consent with the bond holders.

Products

Power Application-Under this the company has developed embedded technologies and software applications. Its product portfolio consist of Theft detection device, Intelligent automatic meter reading, Micro remote terminal unit, Multiplexer unit are among others.

Pipeline Application- Under this the company develops solution for effective corrosion control in order to prevent pipeline failures. The port portfolio consists of Intelligent Cathodic Protection System (ICAP), Intelligent Telemetric Unit and Off PSP Logger.

Smart Energy Meters - These are new generation of Static Whole Current Energy Meters for Single, Three Phase Domestic and Commercial applications and are manufactured with Hi-tech testing equipment of Class 0.05 accuracy. The Energy Meters Conforms to IS: 13779, IS14697, IEC 62053-21-22-23 and CBIP88-TR Standards.

Infrastructure for Power- the company offers services for Electrical Infrastructure Projects in area of power generation, transmission, and distribution.

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