63 Moons Technologies Ltd - Stock Valuation and Financial Performance

BSE: 526881 | NSE: 63MOONS | IT - Software | Small Cap

63 Moons Tech. Share Price

980.60 -51.60 -5.00%
as on 20-Dec'24 16:59

DeciZen - make an informed investing decision on 63 Moons Tech.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

63 Moons Technologies stock performance -

mw4me loader
P/E Ratio (SA):
38.27
Market Cap:
4,518.5 Cr.
52-wk low:
313.9
52-wk high:
1,079.9

Is 63 Moons Technologies Ltd an attractive stock to invest in?

1. Is 63 Moons Technologies Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that 63 Moons Technologies Ltd is a below average quality company.

2. Is 63 Moons Technologies Ltd undervalued or overvalued?

The key valuation ratios of 63 Moons Technologies Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is 63 Moons Technologies Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of 63 Moons Technologies Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of 63 Moons Tech.:

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.
63 Moons 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

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 17.4%6%3.3%2.5%0.5%-4%-2%-2.4%2.7%9.9%-
Value Creation
Index
0.3-0.6-0.8-0.8-1.0-1.3-1.1-1.2-0.8-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 161141150227147139144144272455258
Sales YoY Gr.--12.2%6.2%51.1%-35.1%-5.8%3.9%0.2%88.7%67.1%-
Adj EPS 50.7-11.920.618.93.4-10.1-2.5-5.417.265.625.6
YoY Gr.--123.4%NA-8%-82.1%-397.3%NANANA280.7%-
BVPS (₹) 602.1588.2612.2621.6619.8591.4577.2562.1567.9624.2619.5
Adj Net
Profit
233-54.694.787.215.6-46.3-11.4-24.979.5302118
Cash Flow from Ops. -35.7-119-80.7-5.1-107-79.4-7.6-55.1145141-
Debt/CF from Ops. -13.5-4.3-6.2-19.9000000-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 12.2%25.3%46.7%67.1%
Adj EPS 2.9%81%NA280.7%
BVPS0.4%0.1%2.6%9.9%
Share Price 17% 57.2% 74% 108.9%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
9-23.43.10.5-1.7-0.4-13.1114.1
Op. Profit
Mgn %
-58.1-72.9-48.9-0.8-71.3-78.7-40-45.719.242.51.5
Net Profit
Mgn %
144.9-38.663.138.510.6-33.4-7.9-17.229.266.445.8
Debt to
Equity
0.20.20.200000000
Working Cap
Days
2,0881,2411,1367481,0571,1139708215125111,949
Cash Conv.
Cycle
8832251543381163-21,746

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 46.74%

Return on Equity has declined versus last 3 years average to 4.10%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -34.82%

Latest Financials - 63 Moons Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) 25.6 15.9
TTM Sales (₹ Cr.) 258 275
BVPS (₹.) 619.5 720.1
Reserves (₹ Cr.) 2,856 3,309
P/BV 1.58 1.36
PE 38.27 61.68
From the Market
52 Week Low / High (₹) 313.90 / 1079.85
All Time Low / High (₹) 2.00 / 3048.00
Market Cap (₹ Cr.) 4,518
Equity (₹ Cr.) 9.2
Face Value (₹) 2
Industry PE 36

Management X-Ray of 63 Moons Tech.:

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 63 Moons Tech.

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
Sales161141150227147139144144272455
Operating Expenses 276276258248264248202210220262
Manufacturing Costs1212131311121091111
Material Costs0000000003
Employee Cost 12111410210110511096106123148
Other Costs 144150142134148126969586100
Operating Profit -115-135-108-21-117-109-58-6652193
Operating Profit Margin (%) -71.7%-95.3%-71.9%-9.5%-79.3%-78.7%-40.0%-45.7%19.2%42.5%
Other Income 4461592752021601228768103138
Interest 2420238400011
Depreciation 39402722182218121213
Exceptional Items 243211-31-82-10-103-65-52-74-48
Profit Before Tax 510175867011-112-54-6369271
Tax 6510437531162-2411
Profit After Tax 4457149160-118-57-6128269
PAT Margin (%) 276.4%50.0%32.7%7.2%0.1%-85.3%-39.3%-42.5%10.2%59.1%
Adjusted EPS (₹)96.615.410.73.60.0-25.7-12.3-13.36.058.4
Dividend Payout Ratio (%)18%33%19%56%9,950%-8%-16%0%33%3%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 2,7742,7102,8212,8642,8562,7252,6602,5902,6172,876
Share Capital 9999999999
Reserves 2,7652,7012,8122,8552,8472,7162,6512,5812,6072,867
Minority Interest0000000000
Debt4805091010000000
Long Term Debt4805091010000000
Short Term Debt0000000000
Trade Payables213116643236
Others Liabilities 171206525191811034340165112
Total Liabilities 3,4283,4393,4583,0612,9432,8322,7062,6332,7852,994

Fixed Assets

Gross Block549424428435446453455465471481
Accumulated Depreciation120147170190206226242252260270
Net Fixed Assets429277258245240226213213211211
CWIP 0003000000
Investments 2,3622,5032,4011,7101,1941,016977902762752
Inventories0000000000
Trade Receivables1720242126125699
Cash Equivalents 1101161935679761,0571,0671,1061,2521,115
Others Assets511523582514507521444407550908
Total Assets 3,4283,4393,4583,0612,9432,8322,7062,6332,7852,994

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity -36-119-81-5-107-79-8-55145141
PBT 510175867011-112-54-6369271
Adjustment -584-276-149-59-933076-4-66
Changes in Working Capital 39-18-18-15-25339281-67
Tax Paid 0000000004
Cash Flow From Investing Activity 98178210716-187781269-112-153
Capex -4-6-6-11-16-5-3-10-5-4
Net Investments -242173195568-294-35-2654-161-218
Others 343122116012211841245469
Cash Flow From Financing Activity -88-55-23-409-118-200-1-2
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000-397-11200000
Interest Paid -22-22-23-10-40000-1
Dividend Paid -65-2300-2-20000
Others -2-90-20000-1-2
Net Cash Flow -264107302-412-431332-14
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)17.172.581.770.580-4.24-2.1-2.341.079.8
ROCE (%)17.435.973.312.450.52-4.02-2-2.382.679.88
Asset Turnover Ratio0.050.040.040.070.050.050.050.050.10.16
PAT to CFO Conversion(x)-0.08-1.68-1.65-0.31N/AN/AN/AN/A5.180.52
Working Capital Days
Receivable Days9647543658502113107
Inventory Days0000000000
Payable Days000000000570

63 Moons Technologies Ltd Stock News

63 Moons Technologies Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of 63 Moons Tech. on 20-Dec-2024 16:59 is ₹980.6.
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 63 Moons Tech. stood at ₹4,518.5.
The latest P/E ratio of 63 Moons Tech. as of 20-Dec-2024 16:59 is 38.27.
The latest P/B ratio of 63 Moons Tech. as of 20-Dec-2024 16:59 is 1.58.
The 52-week high of 63 Moons Tech. is ₹1,079.9 and the 52-week low is ₹313.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of 63 Moons Tech. is ₹257.7 ( Cr.) .

About 63 Moons Technologies Ltd

Financial Technologies (India) (FTIL) was established in 1988. It is a flagship company of the Financial Technologies Group. Financial Technologies (India) is a large exchange and ecosystem network of 10 exchanges and 5 ecosystem spanning Africa to Asia across multi asset including commodities, currencies, energy and equity.

The company's flagship product ODIN is used for trading in securities and commodities and accounts for 80% of market share in India. It has an installed base of 3,20,000 trading licenses.

Another product DOME is an exchange solution that been implemented on dominant  exchanges like Multi Commodity Exchange (MCX), Dubai Gold & Commodities Exchange (DGCX), Safal National Exchange (SNX), Global Board of Trade, Mauritius (GBOT) and others.

In October, 2010, Financial Technologies (India), has launched an international multi-asset exchange Global Board Of Trade (GBOT) in Mauritius.

In February 2011, The first multi-asset exchange in the Middle East and North Africa owned by Financial Technologies - The Bahrain Financial Exchange (BFX), officially launched its operations in Bahrain.

Business

Exchange Ventures

It creates exchange networks for transparency in financial markets in Africa, Middle East, Central Asia, India, China and other Asian countries. It is a network provider for MCX, IBSFOREX, GBOT, SMX and DGCX, among others.

Ecosystem ventures

The ecosystem business complements the exchange business by capturing value of all upstream and downstream transactions around the exchanges.

Awards

Financial Technologies was awarded Amity Corporate Excellence Award

It won IT People award for Product Innovation; Exchange and Brokerage Products.

It was received Gurjar Ratna Award.

Financial Technologies was awarded Ernst & Young Entrepreneur of the Year 2006 Award for business transformation.

February 2007, Financial Technologies was presented with the award by Amity International Business School during the 9th Annual International Business Summit and Research Conference.

Financial Technologies Group Company MCX won the award during the global SMEs summit on empowering SME sector for better prospects conducted by IITC and SME Centre of India on February 22, 2007.

In July 2011, Financial Technologies (India) won the ‘DSCI Excellence Awards 2011’ in Security in IT Services - SME category

On August 2011, Financial Technologies (India) won the prestigious ‘Golden Peacock HR Excellence Award’ for the year 2011.
- Financial Technologies (India) Limited (FTIL) won the prestigious ‘Golden Peacock HR Excellence Award’ for the year 2011.
- Financial Technologies (India) Limited (FTIL) won the ‘DSCI Excellence Awards 2011’ in Security in IT Services - SME category, the award was presented by Shri. Sachin Pilot, Honorable Minister of State, Ministry of Communications & Information Technology.
- FTIL was featured in FinTech 100 Rankings 2011 an annual international listing of the top vertical technology vendors that derive more than one third of their revenue from financial technology industry and hosted by American Bankers, Banking Technology News, IDC Financial Insights.

2012
- FTIL stood at # 89 in American Bankers FINTECH 100 Rankings 2012 an annual international listing of the top vertical technology vendors that derive more than one third of their revenue from financial technology industry and hosted by American Bankers, Banking Technology News, IDC Financial Insights.

2013
- FTIL  featured in FinTech 100 Rankings 2013 an annual international listing of the top vertical technology vendors that derive more than one third of their revenue from financial technology industry and hosted by American Bankers, Banking Technology News, IDC Financial Insights."

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