Past 10 year's financial track record analysis by Moneyworks4me indicates that Orient Technologies Ltd is a average quality company.
The key valuation ratios of Orient Technologies 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 Orient Technologies 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'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| ROCE % ⓘ | 3.2% | 54.6% | 45.2% | 35.4% | - |
| Value Creation Index ⓘ | -0.8 | 2.9 | 2.2 | 1.5 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||
| Sales ⓘ | 247 | 467 | 535 | 603 | 603 |
| Sales YoY Gr. | - | 89% | 14.5% | 12.7% | - |
| Adj EPS ⓘ | 0.1 | 9.6 | 10.3 | 11.5 | 10 |
| YoY Gr. | - | 7908.3% | 6.9% | 12.4% | - |
| BVPS (₹) ⓘ | 17.5 | 26.9 | 36.8 | 49 | 73.9 |
| Adj Net Profit ⓘ | 0.4 | 33.6 | 35.9 | 41.3 | 41 |
| Cash Flow from Ops. ⓘ | 25 | 30.5 | 2 | 22.3 | - |
| Debt/CF from Ops. ⓘ | 0.4 | 0.1 | 6.6 | 0.2 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 34.6% | 12.7% | ||||
| Adj EPS ⓘ | NA | NA | 358.2% | 12.4% | ||||
| BVPSⓘ | NA | NA | 40.8% | 33% | ||||
| Share Price | - | - | - | - | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|
| Return on Equity % ⓘ | 0.7 | 43.3 | 32.2 | 27.2 | 16.2 |
| Op. Profit Mgn % ⓘ | 1.4 | 9.9 | 9.1 | 9.4 | 8.6 |
| Net Profit Mgn % ⓘ | 0.2 | 7.2 | 6.7 | 6.9 | 6.9 |
| Debt to Equity ⓘ | 0.2 | 0 | 0.1 | 0 | 0 |
| Working Cap Days ⓘ | 0 | 92 | 104 | 121 | 44 |
| Cash Conv. Cycle ⓘ | 0 | 20 | 30 | 39 | 27 |
Sales growth is growing at healthy rate in last 3 years 34.58%
Net Profit is growing at healthy rate in last 3 years 358.15%
Sales growth is good in last 4 quarters at 19.17%
Return on Equity has declined versus last 3 years average to 16.20%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 10 | - |
| TTM Sales (₹ Cr.) | 603 | - |
| BVPS (₹.) ⓘ | 73.9 | - |
| Reserves (₹ Cr.) ⓘ | 266 | - |
| P/BV ⓘ | 6.02 | - |
| PE ⓘ | 44.66 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 247.55 / 475.00 |
| All Time Low / High (₹) | 247.55 / 464.40 |
| Market Cap (₹ Cr.) | 1,851 |
| Equity (₹ Cr.) | 41.6 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 69 |
| Pledged * | 0.00 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Sales | 247 | 467 | 535 | 603 |
| Operating Expenses ⓘ | 244 | 422 | 486 | 546 |
| Manufacturing Costs | 22 | 26 | 28 | 1 |
| Material Costs | 194 | 355 | 405 | 452 |
| Employee Cost | 17 | 22 | 31 | 76 |
| Other Costs ⓘ | 11 | 18 | 22 | 17 |
| Operating Profit ⓘ | 3 | 46 | 49 | 57 |
| Operating Profit Margin (%) | 1.3% | 9.8% | 9.1% | 9.4% |
| Other Income ⓘ | 2 | 2 | 7 | 4 |
| Interest ⓘ | 2 | 1 | 2 | 2 |
| Depreciation ⓘ | 2 | 2 | 2 | 4 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0 | 45 | 52 | 55 |
| Tax ⓘ | 0 | 11 | 14 | 13 |
| Profit After Tax | 0 | 33 | 38 | 41 |
| PAT Margin (%) | 0.1% | 7.2% | 7.2% | 6.9% |
| Adjusted EPS (₹) | 0.0 | 9.6 | 10.9 | 11.6 |
| Dividend Payout Ratio (%) | 273% | 1% | 10% | 14% |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 61 | 94 | 129 | 175 | ||||||
| Share Capital ⓘ | 17 | 18 | 18 | 36 | ||||||
| Reserves ⓘ | 45 | 77 | 111 | 139 | ||||||
| Minority Interest | 0 | 0 | 0 | 0 | ||||||
| Debt | 7 | 2 | 8 | 1 | ||||||
| Long Term Debt | 2 | 2 | 4 | 1 | ||||||
| Short Term Debt | 5 | 0 | 4 | 0 | ||||||
| Trade Payables | 40 | 66 | 63 | 91 | ||||||
| Others Liabilities ⓘ | 21 | 30 | 41 | 42 | ||||||
| Total Liabilities ⓘ | 129 | 192 | 240 | 310 | ||||||
Fixed Assets | ||||||||||
| Gross Block | 13 | 15 | 25 | 24 | ||||||
| Accumulated Depreciation | 2 | 4 | 6 | 7 | ||||||
| Net Fixed Assetsⓘ | 10 | 10 | 19 | 17 | ||||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | ||||||
| Investmentsⓘ | 11 | 18 | 34 | 40 | ||||||
| Inventories | 4 | 14 | 8 | 14 | ||||||
| Trade Receivables | 57 | 96 | 118 | 158 | ||||||
| Cash Equivalents | 12 | 25 | 20 | 21 | ||||||
| Others Assetsⓘ | 35 | 29 | 41 | 62 | ||||||
| Total Assets ⓘ | 129 | 192 | 240 | 310 | ||||||
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 25 | 30 | 2 | 22 |
| PBT ⓘ | 0 | 45 | 52 | 55 |
| Adjustment ⓘ | 3 | 3 | -2 | 4 |
| Changes in Working Capital ⓘ | 17 | -16 | -38 | -22 |
| Tax Paid ⓘ | 4 | -2 | -11 | -14 |
| Cash Flow From Investing Activity ⓘ | -10 | -8 | -12 | -12 |
| Capex | 0 | -2 | 0 | -4 |
| Net Investments | -11 | -7 | -13 | -10 |
| Others ⓘ | 0 | 0 | 2 | 2 |
| Cash Flow From Financing Activityⓘ | -10 | -8 | 4 | -10 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 8 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | -2 | -1 | -1 | -2 |
| Dividend Paid ⓘ | 0 | 0 | -4 | -6 |
| Others ⓘ | -7 | -7 | 10 | -10 |
| Net Cash Flow ⓘ | 5 | 14 | -5 | 0 |
| PARTICULARS | Mar'21 | Mar'22 | Mar'23 | Mar'24 | ||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 0.22 | 43.11 | 34.36 | 27.26 | ||||||
| ROCE (%) | 3.24 | 54.6 | 45.17 | 35.4 | ||||||
| Asset Turnover Ratio | 1.91 | 2.9 | 2.47 | 2.19 | ||||||
| PAT to CFO Conversion(x) | N/A | 0.91 | 0.05 | 0.54 | Working Capital Days | |||||
| Receivable Days | 84 | 60 | 73 | 83 | ||||||
| Inventory Days | 7 | 7 | 7 | 7 | ||||||
| Payable Days | 75 | 55 | 58 | 62 | ||||||
The company was originally incorporated as ‘Orient Technologies Private Limited’, at Mumbai as a private limited company under the provisions of Companies Act, 1956 and received a certificate of incorporation issued by the RoC on July 04, 1997. The company got converted into a public limited company pursuant to a special resolution passed by the Shareholders of the company on August 25, 2023 and the name of the company was changed to its present name, ‘Orient Technologies Limited’, pursuant to a fresh certificate of incorporation issued by the RoC on October 12, 2023.
The company is an information technology (IT) solutions provider headquartered in Mumbai, Maharashtra incorporated in the year 1997. Over the years it has built deep expertise to develop products and solutions for specialised disciplines across its business verticals which are IT Infrastructure: Products and solutions include Data Centre Solutions and End-User Computing; IT Enabled Services (IteS): Services include Managed Services, Multi-Vendor Support Services, IT Facility Management Services, Network Operations Centre Services, Security Services, and Renewals; and Cloud and Data Management Services: Services include migration of workload from data centres to cloud.
The company’s business operations involve technologically advanced solutions for which it collaborates with a wide range of technology partners including Dell International Services India (Dell) and Fortinet, Inc. (Fortinet) and Nutanix Netherlands B.V. (Nutanix). A key facet of its product and service offerings is its ability to tailor and customise its offerings to the specific needs of its customers. Its collaboration with its technology partners heightens its ability to design and innovate products and provide solutions tailored to specific customer requirements. Its range of customised offerings and its ability to specifically tailor solutions to the specific needs of customers have enabled it to garner prominent customers across industries and it count leading public and private sector entities across diverse customer industries such as banking, financial services, and insurance (BFSI), IT, IteS, healthcare / pharmaceutical (Customer Industries). Its constant endeavour is to nurture every client relationship to ensure that it translates into a long-term association. It also continually engages with its customers to understand their requirements better to be able to provide more holistic services and to identify new areas where it can engage with them.
The company’s expertise, honed over the years, in conjunction with the strength of its collaborative efforts with its technology partners enables it to provide customised IT solutions to its customers. It also tracks the developments in the business segments in which it operates in to stay abreast of emerging trends and capitalise on new business opportunities. All these factors enable it to strengthen, and forge long-term and more successful, relationships with its existing customers.
Business area of the company
The company is a fast-growing information technology (IT) solutions provider headquartered in Mumbai, Maharashtra. It offers a wide ranging and diversified bouquet of product and service offerings and classify its business into 3 verticals viz., IT Infrastructure, ITeS and Cloud and Data Management Services. It has recently ventured into ‘Device as a service (DaaS)’. Under DaaS, it provides desktops, laptops, tablets, printers, scanners, smartphones, and servers, bundled with software, along with managed services on a ‘pay-per-use’ model i.e. on a subscription basis.
Awards and Accreditations:
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
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
FREE Become a savvy and confident
stock investor.
Hurry, limited to the first 10 users today!
Download APP
