BSE: 0 | NSE: FIDEL | IT - Software | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Fidel Softech Ltd is a good quality company.
The key valuation ratios of Fidel Softech Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Fidel Softech Ltd is likely to Rise 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'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|
| ROCE % ⓘ | 62.9% | 52% | 47.5% | 29.8% | 23.2% | - |
| Value Creation Index ⓘ | 3.5 | 2.7 | 2.4 | 1.1 | 0.7 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | ||||||
| Sales ⓘ | 22.4 | 25.7 | 26.3 | 33.4 | 40.1 | 48 |
| Sales YoY Gr. | - | 14.9% | 2.3% | 26.8% | 20.1% | - |
| Adj EPS ⓘ | 3 | 3.6 | 4.6 | 4 | 4.8 | 5.3 |
| YoY Gr. | - | 18.3% | 30.3% | -13.2% | 20.1% | - |
| BVPS (₹) ⓘ | 6.8 | 10.2 | 14.7 | 23.6 | 27.3 | 30.5 |
| Adj Net Profit ⓘ | 3 | 3.6 | 4.7 | 5.5 | 6.7 | 7 |
| Cash Flow from Ops. ⓘ | 5.9 | 3.2 | -2.5 | 1.8 | 2.9 | - |
| Debt/CF from Ops. ⓘ | 0 | 0.2 | -0.7 | 0 | 0 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 16% | 20.1% | ||||
| Adj EPS ⓘ | NA | NA | 10.8% | 20.1% | ||||
| BVPSⓘ | NA | NA | 38.8% | 15.8% | ||||
| Share Price | - | - | - | 66% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 44.2 | 41.9 | 37.2 | 23.4 | 19 | 18.4 |
| Op. Profit Mgn % ⓘ | 21.5 | 17.8 | 24.1 | 20.7 | 20.5 | 18.7 |
| Net Profit Mgn % ⓘ | 13.6 | 14 | 17.8 | 16.6 | 16.6 | 15.4 |
| Debt to Equity ⓘ | 0 | 0.1 | 0.1 | 0 | 0 | 0 |
| Working Cap Days ⓘ | 0 | 110 | 176 | 183 | 194 | 145 |
| Cash Conv. Cycle ⓘ | 0 | 18 | 42 | 69 | 80 | 125 |
Sales growth is growing at healthy rate in last 3 years 15.96%
Net Profit is growing at healthy rate in last 3 years 10.78%
Sales growth is good in last 4 quarters at 29.42%
Return on Equity has declined versus last 3 years average to 18.40%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 5.3 | - |
| TTM Sales (₹ Cr.) | 47.6 | - |
| BVPS (₹.) ⓘ | 30.5 | - |
| Reserves (₹ Cr.) ⓘ | 28 | - |
| P/BV ⓘ | 5.77 | - |
| PE ⓘ | 33.04 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 242 |
| Equity (₹ Cr.) | 13.8 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 36 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|
| Sales | 22 | 26 | 26 | 33 | 40 |
| Operating Expenses ⓘ | 18 | 21 | 20 | 27 | 33 |
| Manufacturing Costs | 6 | 6 | 6 | 7 | 10 |
| Material Costs | 0 | 0 | 0 | 0 | 0 |
| Employee Cost | 8 | 11 | 11 | 14 | 16 |
| Other Costs ⓘ | 3 | 4 | 4 | 5 | 7 |
| Operating Profit ⓘ | 5 | 4 | 6 | 7 | 7 |
| Operating Profit Margin (%) | 21.5% | 17.0% | 23.4% | 20.0% | 18.4% |
| Other Income ⓘ | 0 | 0 | 1 | 1 | 1 |
| Interest ⓘ | 0 | 0 | 0 | 0 | 0 |
| Depreciation ⓘ | 1 | 0 | 0 | 0 | 0 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 4 | 5 | 6 | 7 | 8 |
| Tax ⓘ | 1 | 1 | 2 | 2 | 2 |
| Profit After Tax | 3 | 3 | 5 | 5 | 6 |
| PAT Margin (%) | 14.1% | 13.4% | 17.3% | 16.1% | 15.1% |
| Adjusted EPS (₹) | 3.1 | 3.4 | 4.5 | 3.9 | 4.4 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 18% | 25% |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 7 | 10 | 15 | 32 | 37 | |||||
| Share Capital ⓘ | 0 | 0 | 10 | 14 | 14 | |||||
| Reserves ⓘ | 7 | 10 | 5 | 19 | 24 | |||||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | |||||
| Debt | 0 | 1 | 2 | 0 | 0 | |||||
| Long Term Debt | 0 | 0 | 0 | 0 | 0 | |||||
| Short Term Debt | 0 | 1 | 2 | 0 | 0 | |||||
| Trade Payables | 1 | 1 | 1 | 1 | 2 | |||||
| Others Liabilities ⓘ | 2 | 4 | 2 | 3 | 4 | |||||
| Total Liabilities ⓘ | 10 | 17 | 20 | 37 | 43 | |||||
Fixed Assets | ||||||||||
| Gross Block | 3 | 1 | 1 | 1 | 1 | |||||
| Accumulated Depreciation | 2 | 1 | 1 | 1 | 1 | |||||
| Net Fixed Assetsⓘ | 1 | 0 | 0 | 0 | 0 | |||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | 0 | |||||
| Investmentsⓘ | 1 | 4 | 2 | 14 | 16 | |||||
| Inventories | 0 | 0 | 0 | 0 | 0 | |||||
| Trade Receivables | 2 | 3 | 6 | 10 | 12 | |||||
| Cash Equivalents | 3 | 2 | 3 | 4 | 4 | |||||
| Others Assetsⓘ | 3 | 7 | 9 | 9 | 12 | |||||
| Total Assets ⓘ | 10 | 17 | 20 | 37 | 43 | |||||
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 6 | 3 | -2 | 2 | 3 |
| PBT ⓘ | 4 | 5 | 6 | 7 | 8 |
| Adjustment ⓘ | 1 | 0 | 0 | 0 | 0 |
| Changes in Working Capital ⓘ | 2 | 1 | -7 | -4 | -2 |
| Tax Paid ⓘ | -1 | -3 | -1 | -1 | -2 |
| Cash Flow From Investing Activity ⓘ | -4 | -4 | 2 | -12 | 0 |
| Capex | 0 | 0 | 0 | 0 | 0 |
| Net Investments | -3 | -3 | 3 | -13 | -2 |
| Others ⓘ | -1 | -1 | 0 | 2 | 2 |
| Cash Flow From Financing Activityⓘ | -1 | 1 | 1 | 10 | -1 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 13 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | 0 | 0 | 0 | 0 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | -1 |
| Others ⓘ | -1 | 1 | 1 | -3 | 0 |
| Net Cash Flow ⓘ | 1 | -1 | 0 | 1 | 2 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 45.84 | 40.16 | 36.23 | 22.78 | 17.34 | |||||
| ROCE (%) | 62.94 | 51.95 | 47.48 | 29.75 | 23.19 | |||||
| Asset Turnover Ratio | 2.31 | 1.96 | 1.45 | 1.18 | 1 | |||||
| PAT to CFO Conversion(x) | 2 | 1 | -0.4 | 0.4 | 0.5 | Working Capital Days | ||||
| Receivable Days | 35 | 36 | 61 | 85 | 99 | |||||
| Inventory Days | 0 | 0 | 0 | 0 | 0 | |||||
| Payable Days | 0 | 0 | 0 | 0 | 0 | |||||
The company was incorporated as private limited Company under the name “Fidel Softech Private Limited” under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated December 24, 2004 issued by Registrar of Companies, Pune. Subsequently, the Company was converted into a public limited company pursuant to approval of the Shareholders at an Extraordinary General meeting held on April 04, 2022 and consequently, the name of the Company was changed to “Fidel Softech Limited” and a Fresh Certificate of Incorporation consequent upon conversion from Private Company to Public Company was issued by Registrar of Companies, Pune on April 13, 2022.
Fidel Softech is a LangTech Consulting firm offering technology services with local language UI/UX. The services offered by the company includes IT services including Software development, Infrastructure & Cloud support, Localization including translation, interpretation, software localization & multilingual data creation and Consulting & Staffing services including training.
The company offers bilingual software development capabilities & has engineers speaking in various languages working for Asian markets. It train its engineers in various languages & technology & works closely with Asian geography clients. The company takes up turnkey projects, product design & development, operational support & manpower augmentation. The company is ISO/IEC 27001: 2013 and ISO 9001: 2015 certified conforming to the Information Security Management System standard and Quality Management System standard.
Business area of the company
Fidel Softech is a LangTech Consulting firm helping its clients with either Technology-Languages- People. It help its customers to deliver their solutions /products /services to the end users in their local languages by leveraging technology, localization solutions and Consulting. The company offers Software development & Cloud infrastructure support services, localization services; such as Translation, Interpretation, Content creation, Multi lingual data creation, transcription & Annotation for training AI engines, Video subtitling and other video audio services, Data engineering, testing, scripting & tooling services and Consulting & Staffing services.
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