BSE: 0 | NSE: ROXHITECH | IT - Networking | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Rox Hi-Tech Ltd is a below average quality company.
The key valuation ratios of Rox Hi-Tech Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Rox Hi-Tech Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 12.5% | 17.8% | 63.8% | 39.3% | - |
| Value Creation Index ⓘ | -0.1 | 0.3 | 3.6 | 1.8 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 64.1 | 103 | 133 | 176 | 176 |
| Sales YoY Gr. | - | 60.5% | 29.6% | 32.1% | - |
| Adj EPS ⓘ | 0.4 | 0.9 | 9.2 | 9.3 | 9.3 |
| YoY Gr. | - | 130.8% | 916.7% | 1.8% | - |
| BVPS (₹) ⓘ | 4.3 | 5.2 | 14.4 | 40.5 | 40.5 |
| Adj Net Profit ⓘ | 0.7 | 1.5 | 15.4 | 21.3 | 21 |
| Cash Flow from Ops. ⓘ | 3.2 | -4.9 | 8.8 | -33.7 | - |
| Debt/CF from Ops. ⓘ | 3.6 | -3.7 | 2.6 | -0.6 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 40.1% | 32.1% | ||||
| Adj EPS ⓘ | NA | NA | 187.9% | 1.8% | ||||
| BVPSⓘ | NA | NA | 110.6% | 182.1% | ||||
| Share Price | - | - | - | -41% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 9.1 | 18.8 | 93.4 | 36.4 | 23 |
| Op. Profit Mgn % ⓘ | 1.7 | 4 | 17.3 | 18.1 | 16.5 |
| Net Profit Mgn % ⓘ | 1 | 1.5 | 11.6 | 12.1 | 12.1 |
| Debt to Equity ⓘ | 1.6 | 2 | 0.9 | 0.2 | 0 |
| Working Cap Days ⓘ | 0 | 115 | 123 | 204 | 98 |
| Cash Conv. Cycle ⓘ | 0 | 37 | 76 | 108 | 56 |
Sales growth is growing at healthy rate in last 3 years 40.07%
Net Profit is growing at healthy rate in last 3 years 187.94%
Debt to equity has declined versus last 3 years average to 0.23
Return on Equity has declined versus last 3 years average to 23.00%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 9.3 | - |
| TTM Sales (₹ Cr.) | 176 | - |
| BVPS (₹.) ⓘ | 40.5 | - |
| Reserves (₹ Cr.) ⓘ | 70 | - |
| P/BV ⓘ | 2.51 | - |
| PE ⓘ | 10.93 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 232 |
| Equity (₹ Cr.) | 22.8 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 19 |
| Pledged * | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 64 | 103 | 133 | 176 |
| Operating Expenses ⓘ | 63 | 99 | 110 | 144 |
| Manufacturing Costs | 0 | 0 | 0 | 0 |
| Material Costs | 58 | 92 | 104 | 133 |
| Employee Cost | 2 | 3 | 3 | 5 |
| Other Costs ⓘ | 3 | 4 | 3 | 6 |
| Operating Profit ⓘ | 1 | 4 | 23 | 32 |
| Operating Profit Margin (%) | 1.7% | 4.0% | 17.3% | 18.1% |
| Other Income ⓘ | 1 | 0 | 1 | 0 |
| Interest ⓘ | 1 | 2 | 3 | 3 |
| Depreciation ⓘ | 0 | 0 | 0 | 1 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 1 | 2 | 20 | 28 |
| Tax ⓘ | 0 | 1 | 5 | 7 |
| Profit After Tax | 1 | 2 | 15 | 21 |
| PAT Margin (%) | 1.0% | 1.5% | 11.5% | 12.1% |
| Adjusted EPS (₹) | 0.4 | 0.9 | 9.2 | 9.3 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 7 | 9 | 24 | 93 | ||||||
| Share Capital ⓘ | 3 | 7 | 7 | 23 | ||||||
| Reserves ⓘ | 4 | 1 | 17 | 70 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 10 | 15 | 19 | 17 | ||||||
| Long Term Debt | 5 | 4 | 3 | 2 | ||||||
| Short Term Debt | 5 | 11 | 15 | 15 | ||||||
| Trade Payables | 19 | 11 | 8 | 27 | ||||||
| Others Liabilities ⓘ | 2 | 4 | 10 | 14 | ||||||
| Total Liabilities ⓘ | 39 | 39 | 61 | 151 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 6 | 6 | 6 | 14 | ||||||
| Accumulated Depreciation | 2 | 2 | 2 | 3 | ||||||
| Net Fixed Assetsⓘ | 4 | 4 | 4 | 12 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | ||||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | ||||||
| Inventories | 10 | 10 | 30 | 42 | ||||||
| Trade Receivables | 17 | 17 | 18 | 54 | ||||||
| Cash Equivalents | 3 | 1 | 0 | 0 | ||||||
| Others Assetsⓘ | 5 | 6 | 8 | 44 | ||||||
| Total Assets ⓘ | 39 | 39 | 61 | 151 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 3 | -5 | 9 | -34 |
| PBT ⓘ | 1 | 2 | 20 | 28 |
| Adjustment ⓘ | 2 | 2 | 3 | 4 |
| Changes in Working Capital ⓘ | 1 | -10 | -10 | -59 |
| Tax Paid ⓘ | 0 | 1 | -5 | -7 |
| Cash Flow From Investing Activity ⓘ | -1 | 0 | -12 | -9 |
| Capex | -1 | 0 | -11 | -8 |
| Net Investments | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | -1 | -1 |
| Cash Flow From Financing Activityⓘ | -1 | 3 | 2 | 43 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 5 | -1 | -1 |
| Interest Paid ⓘ | -1 | -2 | -3 | -3 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 5 | 47 |
| Net Cash Flow ⓘ | 1 | -2 | -1 | 0 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 9.05 | 18.76 | 93.4 | 36.41 | ||||||
| ROCE (%) | 12.49 | 17.79 | 63.8 | 39.29 | ||||||
| Asset Turnover Ratio | 1.65 | 2.66 | 2.68 | 1.66 | ||||||
| PAT to CFO Conversion(x) | 3 | -2.5 | 0.6 | -1.62 | Working Capital Days | |||||
| Receivable Days | 95 | 59 | 48 | 75 | ||||||
| Inventory Days | 57 | 35 | 55 | 75 | ||||||
| Payable Days | 122 | 60 | 34 | 49 | ||||||
Rox Hi-Tech was incorporated on March 13, 2002 as ‘ROX Trading and Systems Private Limited’, a private limited company under the Companies Act, 1956, pursuant to a certificate of incorporation issued by the Assistant Registrar of Companies, Tamil Nadu, Chennai. Subsequently, the name of the company changed from ‘ROX Trading and Systems Private Limited’ to ‘ROX Hi-Tech Private Limited’ and a fresh Certificate of Incorporation consequent upon change in name dated April 19, 2023, issued by the Assistant Registrar of Companies, Tamil Nadu, Chennai. Subsequently, the company was converted into a public limited company pursuant to a resolution passed by its Shareholders at an extraordinary general meeting held on April 24, 2023 and consequently the name of the company was changed to ‘ROX Hi-Tech Limited’ and a fresh certificate of incorporation dated May 23, 2023 was issued by the Registrar of Companies, Tamil Nadu at Chennai.
Rox Hi-Tech, headquartered in Chennai, India, is a customer-centric IT solutions provider with a vision to being committed to excellence. The company has evolved from an IBM Business Partner into a prominent player in the IT segment. The company offers a comprehensive range of distributed IT solutions, including consulting, enterprise and end-user computing, managed print and network services. It is in the business of providing end to end IT solution provider.
The company is engaged in the business of dealing in Computer Hardware components, pheripheral devices, all kinds of electronic data processing equipments, providing in all kinds of software, including packaged & Customized software & Implement software solutions in the domains like Customer Relationship Management (CRM), Supply chain Management (SCM) and Business Operations (BO) and to help the customers to solve the problems and business challenges by implementing IBM's ON-DEMAND Solutions. Further the company has objective to set up and run Software/hardware training Centers, Software Consultancy, System Studies, Management consultancy, techno economic feasibility studies of projects, design and development of management information systems in India and outside India and to focus on Identification, selection, training of Software manpower for onsite placement in India and outside India for its own use and/or clients use and recruitment and job placement services in India and outside India.
Business area of the company
The company is a customer-centric IT solutions provider with a vision to being committed to excellence. The company has evolved from an IBM Business Partner into a prominent player in the IT segment.
Awards and accreditations
History and milestones
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Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
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