Maars Software International Ltd - Stock Valuation and Financial Performance

BSE: 531528 | NSE: MAARSOFTW | IT - Software | Small Cap

BSE Share Price
Not Listed

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Maars Software International stock performance -

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P/E Ratio (SA):
0.00
Market Cap:
3.9 Cr.
52-wk low:
0.3
52-wk high:
0.3

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

No data found

3. Is a good buy now?

No data found

10 Year X-Ray of Maars Software Intl.:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Jun'10Mar'11TTM
ROCE % 8.3%-0.2%1.7%0.5%3.2%0.1%0.1%-0.9%-8.7%-6.1%-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 57.134.332.738.450.635.631.26.30.800
Sales YoY Gr.--40.1%-4.6%17.5%31.7%-29.7%-12.2%-79.7%-88.2%-100%-
Adj EPS 1.8-2.300.10.800-0.6-0.4-0.4-0.3
YoY Gr.--223%NANA850%-100%NA-6100%NANA-
BVPS (₹) 40.819.613.713.713.713.711.511.28.112.49.2
Adj Net
Profit
2.6-3.600.5500.2-8.8-5.6-5.4-4
Cash Flow from Ops. -9.3-18-56.7-0.6-2.26-17.8-50.7-52.1-17.5-
Debt/CF from Ops. -3.7-2.4-0.8-63.4-16.14.4-1.4-0.5-0.5-5.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%-100%
Adj EPS -183.5%-186.1%-430.2%NA
BVPS-12.4%-2%2.6%53%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Jun'10Mar'11TTM
Return on
Equity %
4.1-7-00.65.300.2-5.2-4.4-2.7-2.8
Op. Profit
Mgn %
19.9813.94.913.64.64.7-126.8-1220NAN
Net Profit
Mgn %
4.6-10.6-0.11.49.900.7-139.1-748.10-INF
Debt to
Equity
0.61.40.50.40.40.30.20.20.20.5-
Working Cap
Days
2323886037886258911,0847,29654,15700
Cash Conv.
Cycle
1262191251291091642085497,74100

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

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

Latest Financials - Maars Software International Ltd.

Standalone Consolidated
TTM EPS (₹) -0.3 -0.9
TTM Sales (₹ Cr.) 0 13.8
BVPS (₹.) 9.2 9.4
Reserves (₹ Cr.) -12 -9
P/BV 0.03 0.03
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 0.26 / 0.26
All Time Low / High (₹) 0.26 / 299.50
Market Cap (₹ Cr.) 3.9
Equity (₹ Cr.) 149
Face Value (₹) 10
Industry PE 36

Management X-Ray of Maars Software Intl.:

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 Maars Software Intl.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Jun'10Mar'11
Sales71.4134.2532.6738.3950.5635.5531.226.340.940
Operating Expenses 57.5831.5828.1737.1845.3233.9129.7614.3816.4112.68
Manufacturing Costs0.440.140.030.040.030.090.080.1000
Material Costs000000000.630
Employee Cost 50.5027.2823.6431.3442.4232.6228.4500.020.03
Other Costs 6.644.164.505.812.871.201.2314.2815.7612.65
Operating Profit 13.832.674.501.215.251.641.46-8.04-15.47-12.68
Operating Profit Margin (%) 19.4%7.8%13.8%3.1%10.4%4.6%4.7%-126.0%-1,645.5%-
Other Income 0.871.081.172.171.280.660.858.311.260.63
Interest 6.663.541.510.0800.010.020.010.010.01
Depreciation 5.013.893.922.782.302.242.162.052.520.29
Exceptional Items 0000000000
Profit Before Tax 3.03-3.680.240.534.220.050.13-1.80-16.74-12.34
Tax 000.280.460.330.04-0.071.91-0.560
Profit After Tax 3.03-3.68-0.040.073.890.010.20-3.71-16.18-12.34
PAT Margin (%) 4.2%-10.8%-0.1%0.2%7.7%0.0%0.7%-58.5%-1,720.8%-
Adjusted EPS (₹)2.1-2.30.00.00.60.00.0-0.3-1.1-0.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Jun'10Mar'11

Equity and Liabilities

Shareholders Fund 73.2231.6090.6494.2394.35102.08173.17169.47153.29142.25
Share Capital 14.3616.1666.1669.7069.7077.42151.22151.22151.22152.52
Reserves 58.8615.4424.4724.5324.6524.6621.9518.252.07-10.27
Minority Interest0000000000
Debt42.5643.5344.1937.6534.6326.2525.7525.8334.5275.29
Long Term Debt42.5643.5344.1937.6534.6326.2525.7525.8334.5275.29
Short Term Debt0000000000
Trade Payables7.513.934.482.242.101.481.466.750.630.63
Others Liabilities 3.559.366.526.269.507.467.2215.1131.3536.18
Total Liabilities 126.8488.42145.82140.38140.58137.27207.60217.16219.79254.35

Fixed Assets

Gross Block53.7561.2561.5060.8560.8560.8560.8569.4669.4669.46
Accumulated Depreciation12.1315.9619.8422.3324.6326.8729.0231.0833.6033.89
Net Fixed Assets41.6245.2941.6638.5136.2233.9831.8238.3835.8635.57
CWIP 000.150000000
Investments 37.0617.6820.6817.6814.0820.0818.4127.5856.0773.07
Inventories0000000000
Trade Receivables37.8915.6916.6117.9917.0518.5620.0720.7821.0121.06
Cash Equivalents 0.710.140.641.170.010.0155.080.050.050.09
Others Assets9.579.6166.0965.0373.2364.6482.21130.38106.81124.56
Total Assets 126.8488.42145.82140.38140.58137.27207.60217.16219.79254.35

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Jun'10Mar'11
Cash Flow From Operating Activity -11.58-17.97-56.66-0.59-2.156-17.83-50.65-65.12-13.08
PBT 8.040.214.173.306.522.292.28-1.80-16.74-12.34
Adjustment 6.092.490.36-1.430.33-0.66-0.85-6.25-5.7812.23
Changes in Working Capital -2.6224.38-59.68-2.83-5.224.38-19.27-42.6-42.6-12.97
Tax Paid 0000000000
Cash Flow From Investing Activity -6.4612.84-3.234.873.27-5.34-0.40-4.47-4.47-28.94
Capex -6.13-7.62-0.48-0.31000-8.61-8.610
Net Investments -1.1919.38-331.99-61.67-4.17-4.17-17
Others 0.871.080.252.171.280.66-2.078.318.31-11.94
Cash Flow From Financing Activity 12.014.5760.38-3.74-2.28-0.6673.300.080.0842.07
Net Proceeds from Shares 03.60503.540081.52001.30
Net Proceeds from Borrowing 0000000000
Interest Paid 000000000-0.01
Dividend Paid 0000000000
Others 12.010.9710.38-7.28-2.28-0.66-8.220.080.0840.77
Net Cash Flow -6.02-0.560.490.53-1.16055.07-55.04-69.510.05
PARTICULARSMar'02Mar'03Mar'04Mar'05Mar'06Mar'07Mar'08Mar'09Jun'10Mar'11
Ratios
ROE (%)3.79-7.03-0.070.084.290.010.16-2.21-10.25-8.56
ROCE (%)8.32-0.151.670.453.240.050.09-0.91-8.73-6.09
Asset Turnover Ratio0.560.320.280.270.360.260.180.0300
PAT to CFO Conversion(x)-3.82N/AN/A-8.43-0.55600-89.15N/AN/AN/A
Working Capital Days
Receivable Days1712861801641261832261,1768,1120
Inventory Days0000000000
Payable Days000000002,1350

Maars Software International Ltd Stock News

Maars Software International Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Maars Software Intl. on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Maars Software Intl. stood at ₹3.87.
The latest P/E ratio of Maars Software Intl. as of 01-Jan-1970 05:30 is 0.00.
The latest P/B ratio of Maars Software Intl. as of 01-Jan-1970 05:30 is 0.03.
The 52-week high of Maars Software Intl. is ₹0.26 and the 52-week low is ₹0.26.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Maars Software Intl. is ₹0.00 ( Cr.) .

About Maars Software International Ltd

Maars Software International was incorporated as a Public Company on August 23, 1995. The company obtained certificate of commencement of business on September 18, 1995. The company was promoted by T Varadharajan, a computer professional, R Rajagopalan and their associates. The company is an Information Technology (IT) company engaged in system integration and turn-key solutions for manufacturing industries. IT involves activities concerning computer software and hardware applications.

The company is presently involved in developing product specifications for medium sized manufacturing industries, developing customized application software for domestic clients in manufacturing sector and gaining expertise in implementation of Standard Application Software (SAP). The company has already installed 10 standalone personal computers with necessary software for carrying out its present activities.

Business area of the company

The company is an Information Technology (IT) company engaged in system integration and turn-key solutions for manufacturing industries.

Awards

The company has been awarded the Visvesvaraya Industrial Award by the Industrial Research and Development Trust of All India manufacturers' Organisation.

History

  • 1995 - Incorporation of the company.
  • 1995 - Entered into a Lease Agreement with N Visalakshi resident of 15, Giri Road, T.Nagar, Chennai.
  • 1995 - Tied up with Siemens Information, the Indian representative of SAP.
  • 1995 - The Company is the only software organization in the country offering training in SAP R/3 apart from SISL which represents SAP in India.
  • 1996 - Entered into a Memorandum of Understanding (MOU) with Cooks Systems Inc., at Memphis, TN, USA towards joint execution of various projects in USA.
  • 1996 - The company has obtained necessary approvals from Reserve Bank of India (RBI) and Ministry of Law, Justice and Company Affairs to set-up a wholly owned Subsidiary in USA to enhance market reach and initial activities have already been commenced.
  • 1996 - Entered into Strategic Business Relationship with the organizations in Middle East, Singapore, Thailand and UK.
  • 1997 - The company made a major breakthrough in the ERP segment by launching its first ERP Product Maarsman, a Manufacturing Solution for small and medium scale industries.
  • 1997 - Entered into an MOU with Aptech for Marketing Maarsman at the National Level.
  • 1997 - Hi-Tech Software Services Inc. the wholly owned subsidiary of the company has established itself as a growing software consulting firm in the United States.
  • 1998 - The company expanded its overseas operations by setting up wholly-owned subsidiaries in the United Kingdom, Singapore and Australia.
  • 1998 - The firm was also in the process of entering into tie-ups with global players to offer integrated services covering areas like e-commerce and supply chain management.
  • 1998 - It has a tie-up with Standard Application Product AG, Germany through Siemens. It has also established a SAP centre of excellence in the city.
  • 1998 - The company has also developed manufacturing solution software, Maarsman for small and medium-scale industries. It covers the entire spectrum of manufacturing activities. It has a tie-up with Aptech for nationwide marketing.
  • 1998 - Maars Software is engaged in system integration and turn-key solutions for manufacturing industries. The company is at present involved in developing product specifications for medium-sized manufacturing industries, developing customized application software for domestic clients in manufacturing sector and SAP implementation.
  • 1999 - Maars Software International is setting up a software technology centre at Padur for enterprise resource planning (ERP) and euro currency related projects.
  • 1999 - The company had set up an electronic commerce training center. Similar centers to be started in Bangalore and Baroda within a week.
  • 1999 - Tied up with IBM as their First e-business ATP.
  • 1999 - The company initially established a subsidiary at Charlotte, US, and has subsequently set up branch offices at Chicago, the US and Singapore. During the year it was setting up one more office at Atlanta, the US, London, the UK and Sydney, Australia.
  • 1999 - Entered into an agreement with CCG GmbH of Germany for implementing and supporting SAP projects in Europe. Maars commenced operations in the area of e-business as IBM ATP and set up centres in Chennai, Bangalore, Baroda, Vijayawada and Coimbatore.
  • 2000 - Maars signed up with Pratt & Whitney and KPMG, UK for ongoing implementation support and took up projects with them. MAARS became solution partner for Oracle in the Middle East and bagged three orders for implementation of Oracle Financials and Manufacturing in Jordon and Dubai.
  • 2000 - The company launched its new product Esteem Payroll in the UK market under Systematic brand name.
  • 2000 - Signed an agreement with Oracle Corporation in West Asia as CSP.
  • 2000 - The company launched Maarsman compact, a plug-in-play ERP product for small industries.
  • 2000 - Entered into telecom segment, with an offering of ‘Auantum: Settlement’ - an interconnection settlements management system for national and international calls that provides for fast, flexible and accurate billing, verification and settlements.
  • 2000 - The Chennai-based Maars Software International was awarded the Visvesvaraya Industrial Award by the Industrial Research and Development Trust of All India manufacturers' Organisation.
  • 2001 - The Company formed a joint venture with AlYusuf Group of Muscat to tap the Middle-East and North African markets for financial and insurance software services.
  • 2001 - Two Chennai-based software companies, Maars Software International and Mascon Global, are to merge, effective from January 1.
  • 2002 - Maars Software International informed that N R Kumar, Director of the company had resigned citing personal reasons from the Board of Directors of the company.
  • 2003 - The company informed that T V Subramanian, Director of the company had resigned from the Board of Directors of the company
  • 2003 - The company informed that G Muralidharan and P Anand had been appointed as Additional Directors of the company.
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