Past 10 year’s financial track record analysis by Moneyworks4me indicates that Esconet Technologies Ltd is a below average quality company.
The key valuation ratios of Esconet Technologies Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Esconet Technologies 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'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | -4% | 15% | 41.8% | 32.5% | - |
| Value Creation Index ⓘ | -1.3 | 0.1 | 2.0 | 1.3 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 44.1 | 68.6 | 94.7 | 137 | 137 |
| Sales YoY Gr. | - | 55.4% | 38.1% | 45.2% | - |
| Adj EPS ⓘ | -1.1 | 0.9 | 3.4 | 4.3 | 4.1 |
| YoY Gr. | - | NA | 290.9% | 23.8% | - |
| BVPS (₹) ⓘ | 2.1 | 3 | 6.6 | 29.7 | 47.4 |
| Adj Net Profit ⓘ | -1 | 0.7 | 2.9 | 5.3 | 5 |
| Cash Flow from Ops. ⓘ | -0.2 | 0.8 | -1.9 | -1.9 | - |
| Debt/CF from Ops. ⓘ | -28.7 | 9.7 | -5.9 | -1.3 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 46.1% | 45.2% | ||||
| Adj EPS ⓘ | NA | NA | NA | 23.8% | ||||
| BVPSⓘ | NA | NA | 141.6% | 353.4% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | -53.2 | 34.7 | 72.2 | 24.9 | 10.5 |
| Op. Profit Mgn % ⓘ | 0.3 | 3 | 6.4 | 6.9 | NAN |
| Net Profit Mgn % ⓘ | -2.2 | 1.1 | 3.1 | 3.8 | 3.9 |
| Debt to Equity ⓘ | 3.6 | 3.1 | 2 | 0.1 | - |
| Working Cap Days ⓘ | 0 | 105 | 96 | 110 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 30 | 32 | 44 | 0 |
Sales growth is growing at healthy rate in last 3 years 46.06%
Return on Equity has declined versus last 3 years average to 10.50%
Net Profit has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 4.1 | 4.2 |
| TTM Sales (₹ Cr.) | 137 | 141 |
| BVPS (₹.) ⓘ | 47.4 | 47.5 |
| Reserves (₹ Cr.) ⓘ | 49 | 49 |
| P/BV ⓘ | 7.50 | 7.49 |
| PE ⓘ | 87.92 | 85.81 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 466 |
| Equity (₹ Cr.) | 13.1 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 62.3 |
| Pledged * | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 44 | 69 | 95 | 137 |
| Operating Expenses ⓘ | 44 | 67 | 89 | 128 |
| Manufacturing Costs | 1 | 1 | 5 | 7 |
| Material Costs | 37 | 57 | 73 | 110 |
| Employee Cost | 4 | 4 | 5 | 5 |
| Other Costs ⓘ | 3 | 5 | 5 | 6 |
| Operating Profit ⓘ | 0 | 2 | 6 | 9 |
| Operating Profit Margin (%) | 0.1% | 2.9% | 6.4% | 6.9% |
| Other Income ⓘ | 0 | 0 | 0 | 0 |
| Interest ⓘ | 1 | 1 | 1 | 2 |
| Depreciation ⓘ | 0 | 1 | 1 | 1 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | -1 | 1 | 4 | 7 |
| Tax ⓘ | 0 | 0 | 1 | 2 |
| Profit After Tax | -1 | 1 | 3 | 5 |
| PAT Margin (%) | -2.3% | 1.1% | 3.2% | 3.9% |
| Adjusted EPS (₹) | -1.2 | 0.9 | 3.6 | 4.3 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 2 | 3 | 6 | 37 | ||||||
| Share Capital ⓘ | 1 | 1 | 1 | 12 | ||||||
| Reserves ⓘ | 1 | 2 | 5 | 24 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 6 | 8 | 10 | 2 | ||||||
| Long Term Debt | 3 | 4 | 3 | 2 | ||||||
| Short Term Debt | 3 | 4 | 7 | 0 | ||||||
| Trade Payables | 9 | 15 | 10 | 29 | ||||||
| Others Liabilities ⓘ | 0 | 1 | 3 | 4 | ||||||
| Total Liabilities ⓘ | 17 | 26 | 29 | 72 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 3 | 4 | 4 | 4 | ||||||
| Accumulated Depreciation | 2 | 2 | 2 | 2 | ||||||
| Net Fixed Assetsⓘ | 1 | 2 | 2 | 1 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | ||||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | ||||||
| Inventories | 6 | 6 | 9 | 14 | ||||||
| Trade Receivables | 9 | 15 | 13 | 39 | ||||||
| Cash Equivalents | 0 | 0 | 1 | 14 | ||||||
| Others Assetsⓘ | 1 | 2 | 5 | 4 | ||||||
| Total Assets ⓘ | 17 | 26 | 29 | 72 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 0 | 1 | -2 | -2 |
| PBT ⓘ | -1 | 1 | 4 | 7 |
| Adjustment ⓘ | 1 | 1 | 2 | 2 |
| Changes in Working Capital ⓘ | -1 | -0 | -7 | -9 |
| Tax Paid ⓘ | 0 | -1 | -1 | -2 |
| Cash Flow From Investing Activity ⓘ | -1 | -1 | 0 | -1 |
| Capex | -1 | -2 | 0 | -1 |
| Net Investments | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | -2 | 1 | 2 | 15 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 26 |
| Net Proceeds from Borrowing ⓘ | -3 | 1 | -1 | -1 |
| Interest Paid ⓘ | -1 | -1 | -1 | -2 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 |
| Others ⓘ | 2 | 1 | 4 | -8 |
| Net Cash Flow ⓘ | -3 | 0 | 0 | 13 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | -56.42 | 33.77 | 75.41 | 25.06 | ||||||
| ROCE (%) | -4 | 14.95 | 41.75 | 32.53 | ||||||
| Asset Turnover Ratio | 2.56 | 3.21 | 3.49 | 2.74 | ||||||
| PAT to CFO Conversion(x) | N/A | 1 | -0.67 | -0.4 | Working Capital Days | |||||
| Receivable Days | 72 | 64 | 54 | 68 | ||||||
| Inventory Days | 49 | 31 | 28 | 30 | ||||||
| Payable Days | 87 | 75 | 61 | 65 | ||||||
Esconet Technologies Limited was originally incorporated on March 30, 2012 as a Private Limited Company as ‘Esconet Technologies Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, National Capital Territory of Delhi and Haryana. The company had taken over a partnership firm namely M/s Electro Sales Corporations via agreement executed date April 01, 2012. The partners of M/s Electro Sales Corporations, named Mr. Santosh Kumar Agrawal, Mr. Sunil Kumar Agrawal and M/s Abro Intrade Pvt Ltd. through its Director Mr. Sunil Kumar Agrawal transferred all the Assets & Liabilities of Partnership Firm M/s Electro Sales Corporation to Esconet Technologies Private Limited with all assets, liabilities, rights, claims, entitlements and obligations with effect from April 01, 2012 on going concern basis.
Pursuant to a special resolution passed by its shareholder in the Extra - Ordinary General Meeting held on August 09, 2023 main objects of the Company was altered and a Fresh Certificate of Incorporation was issued on August 18, 2023 by the Registrar of Companies, Delhi. Subsequently, pursuant to a special resolution passed by the Shareholders at their ExtraOrdinary General Meeting held on August 09, 2023, the Company was converted from a Private Limited Company to Public Limited Company and consequently, the name of the Company was changed to ‘Esconet Technologies Limited’ and a Fresh Certificate of Incorporation consequent to Conversion was issued on September 21, 2023 by the Registrar of Companies, Delhi.
The company is engaged in the business of meeting a wide range of IT requirements such as high-performance supercomputing solutions, data centre facilities, encompassing storage servers, network security, virtualization, and data protection. Its comprehensive solutions cater to the needs of SMEs, large enterprises, and public sector clients. Furthermore, the company extends its capabilities into the cloud services domain through its wholly owned subsidiary, ZeaCloud Services, ensuring that its clients have access to cutting-edge technology and a seamless IT infrastructure experience. Throughout this journey, the company has garnered not only experience but also the pool of clientele base of private and public sector organizations. This positive evolution showcases its commitment to excellence, innovation, and comprehensive client support. As a trusted partner, it is delivering not just solutions, but tailored strategies that empower its clients to thrive in the rapidly evolving landscape of technology.
Recognizing the demand in the Indian market, the company introduced its brand, HexaData, specializing in high-performance Servers, Workstations, and storage systems. Additionally, Esconet’s strategic collaboration with NVIDIA has resulted its growth in the Artificial Intelligence (AI) and Machine Learning (ML) domain, enhancing its servers and workstations. The company provides a robust suit server solution meticulously crafted to cater to the diverse and evolving needs of enterprises. These solutions encompass cutting-edge hardware configurations, seamless networking, and secure storage options, providing a reliable foundation for businesses to build upon. In stride with the data-driven era, Esconet goes beyond conventional server services and integrates systematic machine learning tools and artificial intelligence into its portfolio. The company provides a wide range of System Integration services that involves total IT solutions including hardware, network and software implementations. Considering customer’s requirements, the company also provides tailor-based services that shall be aligned as per the operational requirement and objective of its respective client.
Business area of the company
The company is engaged in the business of trading of IT products including servers, workstations, related IT peripherals and providing IT enabled services.
Products and solutions of the company
On the basis of Computer Systems
On the basis of Data Storage and Management
Awards, accreditations and recognition
History and milestones
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