DRC Systems India Ltd - Stock Valuation and Financial Performance

BSE: 543268 | NSE: DRCSYSTEMS | IT - Software | Small Cap

DRC Systems India Share Price

27.33 -0.97 -3.43%
as on 13-Nov'24 13:06

DeciZen - make an informed investing decision on DRC Systems India

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

DRC Systems India stock performance -

mw4me loader
P/E Ratio (SA):
158.27
Market Cap:
367.8 Cr.
52-wk low:
12.8
52-wk high:
33.7

Is DRC Systems India Ltd an attractive stock to invest in?

1. Is DRC Systems India Ltd a good quality company?

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

2. Is DRC Systems India Ltd undervalued or overvalued?

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

3. Is DRC Systems India Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of DRC Systems India 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 DRC Systems 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.
DRC Systems India 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'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 19.9%13.2%7.2%-13.7%9.3%23.5%9.3%-
Value Creation
Index
0.4-0.1-0.5-2.0-0.30.7-0.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9.61310.920.619.521.835.940
Sales YoY Gr.-35.1%-16.3%89.4%-5.3%11.9%64.4%-
Adj EPS 0.1-0-0.1000.30.20.2
YoY Gr.--142.9%NANANA675%-45.2%-
BVPS (₹) 0.60.60.40.10.62.42.62.7
Adj Net
Profit
0.3-0.1-0.5-0.40.54.12.32
Cash Flow from Ops. 0.6-1.9-0.20.8-1.11.96.2-
Debt/CF from Ops. 0000-14.200-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NA22.6%20.3%64.4%
Adj EPS NANANA-45.2%
BVPSNA34.9%272.8%9.3%
Share Price - - 40.5% 98.6%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
13.3-6-19.9-8.87.821.16.96.9
Op. Profit
Mgn %
-17.53.6-38.311.714.915.314.4
Net Profit
Mgn %
3.1-1.1-4.3-1.72.518.66.46.1
Debt to
Equity
00002.400-
Working Cap
Days
027125111715114111050
Cash Conv.
Cycle
02061763486715529

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 20.34%

Sales growth is good in last 4 quarters at 66.41%

Return on Equity has declined versus last 3 years average to 6.90%

Net Profit has been subdued in last 3 years 0.00%

Latest Financials - DRC Systems India Ltd.

Standalone Consolidated
TTM EPS (₹) 0.2 1.1
TTM Sales (₹ Cr.) 39.5 55.9
BVPS (₹.) 2.7 3.8
Reserves (₹ Cr.) 22 37
P/BV 10.47 7.33
PE 158.27 25.56
From the Market
52 Week Low / High (₹) 12.79 / 33.70
All Time Low / High (₹) 4.29 / 33.70
Market Cap (₹ Cr.) 368
Equity (₹ Cr.) 13.3
Face Value (₹) 1
Industry PE 35.4

Management X-Ray of DRC Systems India:

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 DRC Systems India

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales10131121202236
Operating Expenses 11131119171930
Manufacturing Costs0000000
Material Costs0000000
Employee Cost 10118891117
Other Costs 113118814
Operating Profit -2002235
Operating Profit Margin (%) -17.5%3.6%-3.0%7.4%11.7%14.9%15.3%
Other Income 3010040
Interest 0000010
Depreciation 1002112
Exceptional Items 0000000
Profit Before Tax 000-1163
Tax 0000111
Profit After Tax 0000142
PAT Margin (%) 3.3%0.0%0.1%-2.3%3.6%19.3%6.5%
Adjusted EPS (₹)0.10.00.00.00.10.30.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 222663134
Share Capital 11244413
Reserves 110232721
Minority Interest0000000
Debt00001500
Long Term Debt00001500
Short Term Debt0000000
Trade Payables1113010
Others Liabilities 9916348
Total Liabilities 1212514253643

Fixed Assets

Gross Block33320202430
Accumulated Depreciation22217181921
Net Fixed Assets1103358
CWIP 0000000
Investments 0000142021
Inventories0000000
Trade Receivables7948648
Cash Equivalents 3112121
Others Assets2101163
Total Assets 1212514253643

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 1-201-126
PBT 000-1163
Adjustment 03132-24
Changes in Working Capital 1-6-1-1-4-1-1
Tax Paid 00000-10
Cash Flow From Investing Activity 2000-15-5-7
Capex -1000-1-3-6
Net Investments 0000-14-2-1
Others 3000000
Cash Flow From Financing Activity 00001540
Net Proceeds from Shares 00000200
Net Proceeds from Borrowing 000015-150
Interest Paid 00000-10
Dividend Paid 0000000
Others 0000000
Net Cash Flow 3-201-12-1
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)14.0500.48-11.8311.6222.347.16
ROCE (%)19.9413.167.2-13.739.2923.459.31
Asset Turnover Ratio0.791.071.272.171.010.710.91
PAT to CFO Conversion(x)N/AN/AN/AN/A-10.53
Working Capital Days
Receivable Days2642312211041328665
Inventory Days0000000
Payable Days0000000

DRC Systems India Ltd Stock News

DRC Systems India Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of DRC Systems India on 13-Nov-2024 13:06 is ₹27.33.
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 13-Nov-2024 13:06 the market cap of DRC Systems India stood at ₹367.8.
The latest P/E ratio of DRC Systems India as of 13-Nov-2024 13:06 is 158.3.
The latest P/B ratio of DRC Systems India as of 13-Nov-2024 13:06 is 10.47.
The 52-week high of DRC Systems India is ₹33.70 and the 52-week low is ₹12.79.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of DRC Systems India is ₹39.50 ( Cr.) .

About DRC Systems India Ltd

DRC Systems India Ltd. delivers expected business solutions and the motivation and ethics that drives the company. Its mission and vision resonate with its culture. The company understands and delivers technology needs.

The company championed technological innovation since its dawn in 2012. With competent teams of developers, project managers, and strategists, it helps its clients overcome their business challenges with customized software development. Its services and solutions help its clients’ business. It contributes to the success of some of the powerful leading brands in the modern market.

Business area of the company

The company is a software development organization and deliver state-of-the-art IT business solutions to its clients across the globe. It combines technical expertise and business acumen to deliver great results.

Product and services

Discovery
  • Consultancy 
  • Discovery Workshop 
  • Dedicated Developers
Design
  • UI / UX 
  • Wireframe 
  • Frontend
Development
  • Web Development 
  • Mobile App Development 
  • Content Management System 
  • Digital Commerce / e-Commerce 
  • eLearning
Innovation
  • Blockchain 
  • Big Data 
  • Engineering 
  • Services 
  • IOT
Assurance
  • Cyber Security
  • Manual Testing
  • Automation Testing
  • Performance Testing
Deployment
  • DevOps & Cloud 
  • Salesforce 
  • Support and Maintenance
Insight
  • Data Analytics 
  • AI & Automation
Transformation
  • Enterprise Resource Planning (ERP) 
  • Enterprise Solutions 
  • Digital Marketing 
  • Digital Process Automation 
  • Hubspot
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