PCS Technology Ltd - Stock Valuation and Financial Performance

BSE: 517119 | NSE: | IT - Hardware | Small Cap

PCS Technology Share Price

39.54 -1.16 -2.85%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on PCS Technology

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PCS Technology stock performance -

mw4me loader
P/E Ratio (SA):
66.75
Market Cap:
82.8 Cr.
52-wk low:
19.3
52-wk high:
44.9

Is PCS Technology Ltd an attractive stock to invest in?

1. Is PCS Technology Ltd a good quality company?

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

2. Is PCS Technology Ltd undervalued or overvalued?

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

3. Is PCS Technology Ltd a good buy now?

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

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.
PCS Technology 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'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 9.2%9.4%11.4%8%-1.3%-10.2%2.7%3.1%2.5%3.7%-
Value Creation
Index
-0.3-0.3-0.2-0.4-1.1-1.7-0.8-0.8-0.8-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 10063.225.910.30.60.30.30.30.30.30
Sales YoY Gr.--37.1%-59.1%-60.3%-94.4%-48.3%-13.3%7.7%14.3%6.3%-
Adj EPS 2.82.721-0.3-0.80.20.20.20.40.6
YoY Gr.--3.3%-25.8%-50%-129.3%NANA31.3%-9.5%115.8%-
BVPS (₹) 44.219.521.82322.119.619.720.220.320.821.1
Adj Net
Profit
5.85.64.22.1-0.6-1.70.30.50.40.91
Cash Flow from Ops. 18.2-911.69.70.70.2-0.9-0.7-0.9-1-
Debt/CF from Ops. 0.6-0.60.60.45.315.4-4.3-5.3-4.5-4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -46.9%-10.1%9.4%6.3%
Adj EPS -19.1%NA36.8%115.8%
BVPS-8%-1.2%1.8%2.4%
Share Price 2.7% 56.4% 35.5% 84.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
5.678.34.4-1.3-3.90.81.1122.8
Op. Profit
Mgn %
10.58.411.8-0.3-428.2-1117.9-471.4-452.9-412.1-363.8-305.2
Net Profit
Mgn %
5.88.816.120.2-104.4-563.2126.6158.3127.2253.2363.5
Debt to
Equity
0.10.10.20.10.10.10.10.10.10.10.1
Working Cap
Days
3253253574893,7653,0662,2581,9031,7011,65319,360
Cash Conv.
Cycle
2361963999-31-15-17-8-819,019

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 2.80%

Net Profit is growing at healthy rate in last 3 years 36.84%

Sales growth is good in last 4 quarters at 10.17%

Sales growth has been subdued in last 3 years 9.35%

Latest Financials - PCS Technology Ltd.

Standalone Consolidated
TTM EPS (₹) 0.6 0.6
TTM Sales (₹ Cr.) 0.3 0.3
BVPS (₹.) 21.1 21.4
Reserves (₹ Cr.) 23 24
P/BV 1.88 1.85
PE 66.75 64.82
From the Market
52 Week Low / High (₹) 19.30 / 44.88
All Time Low / High (₹) 1.94 / 190.00
Market Cap (₹ Cr.) 82.8
Equity (₹ Cr.) 21
Face Value (₹) 10
Industry PE 112.3

Management X-Ray of PCS Technology:

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 PCS Technology

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales100.4663.2325.8610.270.580.300.260.280.320.34
Operating Expenses 90.3957.9322.8110.513.208.801.491.561.681.59
Manufacturing Costs7.896.061.970.760.070.020.020.020.020.01
Material Costs19.564.470.070000000
Employee Cost 50.7538.1016.257.231.330.840.780.780.830.81
Other Costs 12.189.294.522.521.807.940.690.760.840.77
Operating Profit 10.075.313.04-0.24-2.62-8.50-1.23-1.28-1.36-1.25
Operating Profit Margin (%) 10.0%8.4%11.8%-2.3%-451.0%-2,843.9%-471.0%-452.0%-428.0%-363.0%
Other Income 0.853.223.873.604.233.912.672.942.683.17
Interest 1.300.440.710.830.490.490.390.400.400.40
Depreciation 1.041.111.060.400.280.250.250.240.190.19
Exceptional Items 00-0.021.24-200000
Profit Before Tax 8.586.985.133.37-1.17-5.330.811.020.731.33
Tax 3.121.400.970.570.93-0.040.380.190.360.34
Profit After Tax 5.465.584.152.80-2.10-5.300.430.840.370.99
PAT Margin (%) 5.4%8.8%16.1%27.3%-361.0%-1,771.4%164.3%296.4%116.0%288.1%
Adjusted EPS (₹)2.62.72.01.3-1.0-2.50.20.40.20.5
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 106.1854.3345.5848.2046.2840.9541.3442.2242.6043.60
Share Capital 24.9324.9320.9520.9520.9520.9520.9520.9520.9520.95
Reserves 81.2529.4124.6327.2525.332020.3921.2721.6522.64
Minority Interest0000000000
Debt11.705.227.143.693.723.753.773.813.853.90
Long Term Debt225.333.693.723.753.773.813.853.90
Short Term Debt9.703.221.810000000
Trade Payables2.230.980.430.290.160.080.050.060.060.05
Others Liabilities 8.703.981.130.640.510.380.410.360.460.42
Total Liabilities 128.8164.5254.2852.8250.6745.1545.5746.4546.9647.96

Fixed Assets

Gross Block27.2326.3313.3312.6512.0712.0712.0912.0911.8611.76
Accumulated Depreciation3.344.042.672.672.532.783.033.273.243.33
Net Fixed Assets23.8922.3010.669.999.539.299.068.828.628.43
CWIP 0.27000000000
Investments 13.416.5417.3733.1736.593.663.803.743.663.29
Inventories7.250.270.040000000
Trade Receivables58.585.901.140.1700.01000.020
Cash Equivalents 10.453.887.420.981.2530.4731.2232.4333.1634.65
Others Assets14.9625.6217.658.523.291.721.491.461.491.59
Total Assets 128.8164.5254.2852.8250.6745.1545.5746.4546.9647.96

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 18.24-8.9711.579.710.700.24-0.88-0.72-0.87-0.97
PBT 8.586.984.153.37-1.17-5.330.811.020.731.33
Adjustment 4.991-1.02-2.64-0.295-1.49-1.70-1.39-1.95
Changes in Working Capital 8.69-12.663.967.661.490.570.050.010.11-0
Tax Paid -4.01-4.304.491.300.670-0.25-0.05-0.31-0.34
Cash Flow From Investing Activity -5.982.82-6.53-11.870.0329.932.012.3322.86
Capex -0.010.430.971.50-0.160-0.0200.020.01
Net Investments -6.860.28-10.83-15.80-3.4225.9500.610.040.54
Others 0.902.113.332.433.623.992.041.711.952.31
Cash Flow From Financing Activity -4.81-0.42-1.49-4.28-0.47-0.96-0.39-0.40-0.40-0.40
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -1.36000-0.02-0.49-0.02-0.04-0.04-0.05
Interest Paid -1.30-0.44-0.09-0.45-0.45-0.46-0.37-0.36-0.36-0.36
Dividend Paid 0000000000
Others -2.140.02-1.41-3.83000000
Net Cash Flow 7.46-6.573.55-6.440.2729.220.741.210.741.48
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)6.078.369.625.98-4.45-12.141.0420.872.29
ROCE (%)9.29.3711.378.04-1.33-10.222.663.122.453.7
Asset Turnover Ratio0.770.650.440.190.010.010.010.010.010.01
PAT to CFO Conversion(x)3.34-1.612.793.47N/AN/A-2.05-0.86-2.35-0.98
Working Capital Days
Receivable Days23518650230800210
Inventory Days282220000000
Payable Days1081313,7790000000

PCS Technology Ltd Stock News

PCS Technology Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of PCS Technology on 20-Dec-2024 16:59 is ₹39.54.
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 20-Dec-2024 16:59 the market cap of PCS Technology stood at ₹82.84.
The latest P/E ratio of PCS Technology as of 20-Dec-2024 16:59 is 66.75.
The latest P/B ratio of PCS Technology as of 20-Dec-2024 16:59 is 1.88.
The 52-week high of PCS Technology is ₹44.88 and the 52-week low is ₹19.30.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of PCS Technology is ₹0.34 ( Cr.) .

About PCS Technology Ltd

PCS Technology established in 1983, is a $100 million company today. Headquartered in Mumbai, the company has a global presence with 32 offices across the globe. They have the experience and the understanding to improve business performance and business processes and technology platforms.

The company possess a keen understanding of the client requirements hence their solutions focus on delivering competitive business advantage and increased productivity for all their clients in a cost effective manner.

PCS understands and addresses to the complex and varying needs of Indian personal computer users. Equipped with reliable and latest technology, its personal computers cater to the customer's requirement of competent pricing coupled with reliability. PCS has been in computer business for over 28 years and with India's second largest service network on call, the company is having capacity to provide assistance whenever and wherever required. 

Highlights of the company’s performance:

  • Global IT Service provider
  • 32+ years of experience in managing mission critical contracts
  • Global representation across 5 continents
  • Widespread service network
  • State of art manufacturing facilities
  • Installed base of over 5 million PCs
  • Their distinct Quality Process, ISO 9001:2000 & ISO 14001 certified.

Products and services offered by the company:

Services

  • Facility Management Services
  • Software Services
  • Video Conferencing
  • Logistics Consulting
  • Networking Solutions
  • Healthcare Solutions
  • Location Intelligence
  • Data Centre Operations
  • Staffing
  • EMS

Products

  • Server Products
  • Desktop Products
  • Industries Served
  • Telecom
  • ECM
  • ERP

Clientele:

  • GTL
  • ICLP
  • TUV India
  • BNP Paribas
  • TriGnosis
  • Tata Infotech
  • TQM Consultant
  • United Computer
  • State Bank of India, and many more

Achievements/ recognition:

  • ISO 9001:2000 Certification
  • ISO 9001:2000 Certification It Services
  • ISO 14001 Certification
  • ERTL Certification
  • Microsoft Certification
  • NSTL Certification
  • DMTF Certification
  • Nasscom Certification
  • Microsoft Windows Certification
  • Microsoft Certification - Server Range
  • Novell Certification
  • CMM level 3
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