BSE: 543282 | NSE: | IT - Software | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Niks Technology Ltd is a average quality company.
The key valuation ratios of Niks Technology Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Niks Technology 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'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | -12.5% | -4.4% | 119.1% | 41.9% | 1.8% | 31.8% | 22.6% | - |
| Value Creation Index ⓘ | -1.9 | -1.3 | 7.5 | 2.0 | -0.9 | 1.3 | 0.6 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | ||||||||
| Sales ⓘ | 0.2 | 0.2 | 0.2 | 0.4 | 0.7 | 2.1 | 6.1 | 6 |
| Sales YoY Gr. | - | 5.3% | 0% | 90% | 89.5% | 188.9% | 193.8% | - |
| Adj EPS ⓘ | -3.2 | -1 | 41.7 | 4.5 | 0 | 7.1 | 10.5 | 10.1 |
| YoY Gr. | - | NA | NA | -89.1% | -99.1% | 17725% | 46.8% | - |
| BVPS (₹) ⓘ | 7 | 6 | 53.3 | 27.4 | 27.4 | 34.6 | 83.3 | 80.8 |
| Adj Net Profit ⓘ | 0 | 0 | 0.1 | 0.2 | 0 | 0.3 | 0.5 | 0 |
| Cash Flow from Ops. ⓘ | 0 | 0 | 0.2 | 0.6 | -0.1 | 0.8 | -2.2 | - |
| Debt/CF from Ops. ⓘ | 2.2 | 4.9 | 0.3 | 0 | 0 | 0 | -0.1 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | 98.2% | 152.4% | 193.8% | ||||
| Adj EPS ⓘ | NA | NA | 32.2% | 46.8% | ||||
| BVPSⓘ | NA | 69.2% | 44.9% | 141% | ||||
| Share Price | - | - | 37.1% | 24.6% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | -46 | -14.7 | 140.7 | 29.9 | 0.2 | 23 | 16.1 | 12.3 |
| Op. Profit Mgn % ⓘ | 5.4 | 4.7 | 67.4 | 75.9 | 22.9 | 26.1 | 12.9 | NAN |
| Net Profit Mgn % ⓘ | -3.3 | -1 | 42.4 | 43.8 | 0.2 | 12.5 | 7.3 | 7.3 |
| Debt to Equity ⓘ | 3.9 | 3 | 0.4 | 0 | 0 | 0 | 0.1 | - |
| Working Cap Days ⓘ | 0 | 63 | 229 | 194 | 95 | 117 | 131 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 27 | -31 | 58 | 40 | 101 | 69 | 0 |
Sales growth is growing at healthy rate in last 3 years 152.40%
Net Profit is growing at healthy rate in last 3 years 32.22%
Return on Equity has declined versus last 3 years average to 12.30%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 10.1 | - |
| TTM Sales (₹ Cr.) | 6.1 | - |
| BVPS (₹.) ⓘ | 80.8 | - |
| Reserves (₹ Cr.) ⓘ | 3 | - |
| P/BV ⓘ | 6.38 | - |
| PE ⓘ | 50.96 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 428.70 / 600.95 |
| All Time Low / High (₹) | 150.30 / 600.95 |
| Market Cap (₹ Cr.) | 22.7 |
| Equity (₹ Cr.) | 0.4 |
| 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 |
| PARTICULARS | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|
| Sales | 0.19 | 0.20 | 0.20 | 0.38 | 0.72 | 2.08 | 6.11 |
| Operating Expenses ⓘ | 0.18 | 0.19 | 0.06 | 0.09 | 0.55 | 1.54 | 5.32 |
| Manufacturing Costs | 0 | 0 | 0.01 | 0.01 | 0.02 | 0.50 | 1.06 |
| Material Costs | 0.09 | 0.09 | 0.01 | 0 | 0.37 | 0.68 | 3.60 |
| Employee Cost | 0.04 | 0.05 | 0.01 | 0.02 | 0.05 | 0.06 | 0.12 |
| Other Costs ⓘ | 0.05 | 0.05 | 0.04 | 0.07 | 0.11 | 0.30 | 0.54 |
| Operating Profit ⓘ | 0.01 | 0.01 | 0.13 | 0.29 | 0.16 | 0.54 | 0.79 |
| Operating Profit Margin (%) | 5.4% | 4.7% | 67.4% | 75.9% | 22.9% | 26.1% | 12.9% |
| Other Income ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0.03 |
| Depreciation ⓘ | 0.02 | 0.01 | 0.02 | 0.05 | 0.15 | 0.18 | 0.15 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -0.01 | 0 | 0.11 | 0.24 | 0.02 | 0.35 | 0.61 |
| Tax ⓘ | 0 | 0 | 0.03 | 0.07 | 0.01 | 0.10 | 0.17 |
| Profit After Tax | -0.01 | 0 | 0.08 | 0.16 | 0 | 0.26 | 0.45 |
| PAT Margin (%) | -3.3% | -1.0% | 42.4% | 43.8% | 0.2% | 12.5% | 7.3% |
| Adjusted EPS (₹) | -0.3 | -0.1 | 4.2 | 4.5 | 0.0 | 7.1 | 10.5 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 0.01 | 0.01 | 0.11 | 0.99 | 1 | 1.26 | 3.54 | |||
| Share Capital ⓘ | 0.02 | 0.02 | 0.02 | 0.36 | 0.36 | 0.36 | 0.43 | |||
| Reserves ⓘ | -0.01 | -0.01 | 0.09 | 0.63 | 0.63 | 0.89 | 3.11 | |||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Debt | 0.05 | 0.04 | 0.04 | 0 | 0 | 0 | 0.16 | |||
| Long Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Short Term Debt | 0.05 | 0.04 | 0.04 | 0 | 0 | 0 | 0.16 | |||
| Trade Payables | 0.02 | 0.02 | 0 | 0 | 0 | 0 | 0.74 | |||
| Others Liabilities ⓘ | 0.01 | 0 | 0.25 | 0.57 | 0.37 | 1.72 | 1.04 | |||
| Total Liabilities ⓘ | 0.09 | 0.07 | 0.40 | 1.56 | 1.37 | 2.98 | 5.49 | |||
Fixed Assets | ||||||||||
| Gross Block | 0.10 | 0.10 | 0.12 | 0.40 | 0.45 | 1.27 | 1.29 | |||
| Accumulated Depreciation | 0.05 | 0.07 | 0.07 | 0.11 | 0.26 | 0.44 | 0.59 | |||
| Net Fixed Assetsⓘ | 0.04 | 0.03 | 0.05 | 0.28 | 0.19 | 0.83 | 0.70 | |||
| CWIP ⓘ | 0 | 0 | 0.11 | 0.26 | 0.56 | 0 | 0 | |||
| Investmentsⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |||
| Inventories | 0.01 | 0.01 | 0 | 0 | 0 | 0.39 | 0.08 | |||
| Trade Receivables | 0.02 | 0.02 | 0.04 | 0.08 | 0.08 | 0.68 | 2.07 | |||
Cash Equivalents  ⓘ
| 0.01 | 0 | 0.02 | 0.83 | 0.43 | 1.01 | 1.54 | |||
| Others Assetsⓘ | 0 | 0 | 0.17 | 0.11 | 0.11 | 0.07 | 1.10 | |||
| Total Assets ⓘ | 0.09 | 0.07 | 0.40 | 1.56 | 1.37 | 2.98 | 5.49 | |||
| PARTICULARS | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 0.02 | 0.01 | 0.16 | 0.55 | -0.05 | 0.84 | -2.17 |
| PBT ⓘ | -0.01 | 0 | 0.11 | 0.24 | 0.02 | 0.35 | 0.61 |
| Adjustment ⓘ | 0.02 | 0.01 | 0.02 | 0.05 | 0.15 | 0.19 | 0.17 |
| Changes in Working Capital ⓘ | 0.02 | -0 | 0.02 | 0.3 | -0.14 | 0.32 | -2.85 |
| Tax Paid ⓘ | 0 | 0 | 0 | -0.04 | -0.08 | -0.02 | -0.11 |
| Cash Flow From Investing Activity ⓘ | 0 | 0 | -0.14 | -0.42 | -0.34 | -0.27 | -0.02 |
| Capex | 0 | 0 | -0.02 | -0.28 | -0.05 | -0.27 | -0.02 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | -0.11 | -0.15 | -0.30 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | -0.02 | -0.02 | 0 | 0.68 | 0 | 0 | 2.73 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 0.84 | 0 | 0 | 1.85 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | -0.03 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | -0.02 | -0.02 | 0 | -0.15 | 0 | 0 | 0.90 |
| Net Cash Flow ⓘ | 0.01 | -0.01 | 0.02 | 0.81 | -0.39 | 0.57 | 0.53 |
| PARTICULARS | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -46.04 | -14.67 | 140.67 | 29.85 | 0.15 | 23 | 18.56 | |||
| ROCE (%) | -12.52 | -4.44 | 119.13 | 41.93 | 1.76 | 31.76 | 22.56 | |||
| Asset Turnover Ratio | 2.14 | 2.48 | 0.84 | 0.38 | 0.49 | 0.96 | 1.44 | |||
| PAT to CFO Conversion(x) | N/A | N/A | 2 | 3.44 | N/A | 3.23 | -4.82 | Working Capital Days | ||
| Receivable Days | 43 | 42 | 61 | 58 | 40 | 66 | 82 | |||
| Inventory Days | 20 | 21 | 0 | 0 | 0 | 34 | 14 | |||
| Payable Days | 63 | 75 | 0 | 0 | 0 | 0 | 75 | |||
The company started its operations way back in the year 2014 in the name of Niks Technology. It is an IT solution services enabling company implementing standard practices and maintaining quality services across all verticals; it is committed to deliver high quality services like Digital Marketing, Software development, mobile app development, website development, moreover it provides classroom training and certification courses to students during their summer and winter breaks. This training is been provided through online and offline mode.
The company continuously evolve its services and customize its offerings as per the need of its clients. Its evaluation team ensures adaptation of the best-of-breed tools and technologies for effective Service to its clients. In today’s digital Business world, you need a partner who can help you take advantage of marketing opportunities across a variety of channels in real-time. The company combines a data-driven approach with knowledge gained from years in digital marketing to deliver outstanding results to its clients. Niks with its foundation pillars as Innovation, Information and Intelligence is exploring indefinitely as a Technology Service Provider and as a Training Organization. Innovator of Technologies. A professional approach and constant interaction ensure client requirement is met with high standard within the agreed guideline of time and cost. Its impressive growth has been largely due to confidence in its own capability and impressive infrastructure it has created over the years. The company has been steadily diversifying as well as adding new products to its portfolio, besides adding additional infrastructure.
Business area of the company
The company has a diversified product portfolio, which primarily caters to growing IT services sector but not limiting to it the company carter the need of students through its skill enhancement and value addition courses. It provides the courses at its education centres. It provides an improved product mix to its customers and their preferences thereby targeting a wider customer base. Its growth is further driven by its ability to make available an assortment of quality products under trusted brands built by the company. A failure to maintain quality standard can prove to be extremely detrimental to the business of the company. It gives quality the utmost priority at all stages, to ensure its customers are thoroughly satisfied.
Major events and milestones
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
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.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
