Datamatics Global Services Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 2:40 am

Market Cap	3,779 Cr.
Current Price	639
High / Low	776/450
Stock P/E	20.8
Book Value	219
Dividend Yield	0.78 %
ROCE	21.2 %
ROE	16.6 %
Face Value	5.00
PEG Ratio	1.12

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

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Competitors of

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
I Power Solutions India Ltd	6.41 Cr.	14.4	14.4/9.79		8.99	0.00 %	3.67 %	3.83 %	10.0
Hypersoft Technologies Ltd	7.47 Cr.	17.6	17.6/7.00		5.13	0.00 %	8.57 %	10.7 %	10.0
Nucleus Software Exports Ltd	2,790 Cr.	1,042	1,830/1,037	17.8	268	1.20 %	32.0 %	24.0 %	10.0
Newgen Software Technologies Ltd	22,083 Cr.	1,574	1,629/626	80.4	86.2	0.25 %	26.6 %	22.7 %	10.0
Mphasis Ltd	55,960 Cr.	2,951	3,240/2,180	35.1	458	1.86 %	24.0 %	18.4 %	10.0
Industry Average	110,804.13 Cr	845.54		28.42	141.39	0.68%	20.17%	16.60%	6.90

All Competitor Stocks of

Quarterly Result

Month	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Sales	288	299	301	313	327	343	373	416	391	377	369	413	394
Expenses	246	249	250	262	279	292	314	332	323	318	317	348	343
Operating Profit	41	50	51	51	48	52	59	84	68	59	53	65	51
OPM %	14%	17%	17%	16%	15%	15%	16%	20%	17%	16%	14%	16%	13%
Other Income	14	4	6	11	13	10	11	5	9	9	11	16	11
Interest	1	0	1	1	1	1	1	0	1	0	1	0	0
Depreciation	8	8	8	9	9	9	9	9	9	9	9	9	9
Profit before tax	47	46	48	52	52	52	60	80	67	59	54	71	53
Tax %	16%	24%	24%	13%	17%	24%	25%	27%	19%	16%	23%	27%	17%
Net Profit	39	35	36	45	43	39	45	58	55	49	41	52	44
EPS in Rs	6.72	5.99	6.27	7.74	7.36	6.78	7.78	10.13	9.34	8.35	7.00	8.90	7.37

Last Updated: October 17, 2024, 4:28 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 17, 2024, 4:28 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	550	734	828	816	852	910	1,133	1,203	1,149	1,201	1,459	1,550	1,553
Expenses	501	642	742	737	769	827	998	1,078	1,005	1,007	1,215	1,304	1,325
Operating Profit	49	92	86	79	84	83	135	125	144	194	244	246	228
OPM %	9%	12%	10%	10%	10%	9%	12%	10%	12%	16%	17%	16%	15%
Other Income	9	7	6	14	15	27	12	5	10	35	39	45	47
Interest	5	5	7	7	6	5	6	6	5	4	4	4	2
Depreciation	12	16	21	27	24	20	26	37	39	33	35	36	36
Profit before tax	41	78	64	58	69	84	115	88	109	192	243	251	237
Tax %	24%	25%	24%	24%	8%	15%	26%	30%	23%	19%	24%	21%
Net Profit	31	58	49	45	64	72	84	62	84	155	185	197	186
EPS in Rs	6.12	8.26	7.33	7.60	11.06	10.87	12.64	10.81	13.53	26.71	32.05	33.59	31.62
Dividend Payout %	16%	15%	14%	10%	7%	7%	10%	0%	0%	14%	16%	7%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	87.10%	-15.52%	-8.16%	42.22%	12.50%	16.67%	-26.19%	35.48%	84.52%	19.35%	6.49%
Change in YoY Net Profit Growth (%)	0.00%	-102.61%	7.35%	50.39%	-29.72%	4.17%	-42.86%	61.67%	49.04%	-65.17%	-12.87%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 11 years from 2013-2014 to 2023-2024.

No data available for the compounded sales growth chart.

Balance Sheet

Last Updated: November 15, 2024, 12:38 am

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	29	29	29	29	29	29	29	29	29	29	29	30	30
Reserves	268	307	352	468	473	517	610	656	686	828	1,020	1,200	1,261
Borrowings	41	170	169	90	55	66	36	118	20	63	21	17	37
Other Liabilities	99	144	125	150	123	150	191	206	172	190	212	217	272
Total Liabilities	437	651	676	738	680	763	867	1,010	908	1,110	1,283	1,463	1,600
Fixed Assets	166	247	238	256	263	310	352	347	213	188	218	219	390
CWIP	17	11	11	2	1	5	1	1	0	3	0	0	0
Investments	63	87	84	130	72	33	57	36	157	273	354	546	505
Other Assets	192	306	343	350	343	414	457	626	538	645	710	698	705
Total Assets	437	651	676	738	680	763	867	1,010	908	1,110	1,283	1,463	1,600

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	50	8	58	67	86	53	90	83	112	182	130	184
Cash from Investing Activity +	-34	-99	-15	-52	-23	-35	-65	-10	-99	-134	-99	-179
Cash from Financing Activity +	-19	115	-24	-18	-56	-4	-37	51	-109	21	-66	-38
Net Cash Flow	-3	24	18	-3	7	14	-12	125	-96	69	-35	-34

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	8.00	-78.00	-83.00	-11.00	29.00	17.00	99.00	7.00	124.00	131.00	223.00	229.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	71	76	73	83	68	82	79	83	58	74	67	67
Inventory Days
Days Payable
Cash Conversion Cycle	71	76	73	83	68	82	79	83	58	74	67	67
Working Capital Days	53	70	66	70	55	78	71	73	76	71	73	72
ROCE %	13%	18%	12%	11%	12%	14%	17%	14%	14%	22%	24%	21%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024
Promoters	74.29%	74.30%	74.30%	74.30%	74.30%	70.91%	70.91%	66.50%	66.50%	66.44%	66.44%	66.44%
FIIs	1.17%	1.64%	1.68%	2.18%	2.25%	2.32%	2.70%	2.55%	3.14%	2.81%	2.33%	2.19%
DIIs	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.19%	0.33%	0.36%	0.19%	0.16%
Public	24.54%	24.06%	24.02%	23.52%	23.44%	26.76%	26.39%	30.75%	30.04%	30.40%	31.05%	31.21%
No. of Shareholders	40,826	39,488	40,580	40,125	38,435	38,506	39,365	41,735	42,969	46,793	51,520	51,469

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund Name	No of Shares	AUM (%)	Amount Invested (Cr)	Previous Number of Shares	Previous Date	Percentage Change
Groww Nifty Total Market Index Fund	230	0.01	0.01	230	2024-12-11	0%

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	5.00	5.00	5.00	5.00	5.00
Basic EPS (Rs.)	33.60	32.05	26.71	13.53	10.81
Diluted EPS (Rs.)	33.60	32.05	26.71	13.53	10.81
Cash EPS (Rs.)	39.56	37.36	32.02	20.87	16.54
Book Value[Excl.RevalReserv]/Share (Rs.)	206.90	176.51	144.77	121.33	120.09
Book Value[Incl.RevalReserv]/Share (Rs.)	206.90	176.51	144.77	121.33	120.09
Revenue From Operations / Share (Rs.)	262.69	247.49	203.74	194.92	204.13
PBDIT / Share (Rs.)	48.99	47.70	37.25	25.95	24.44
PBIT / Share (Rs.)	42.85	41.78	31.60	19.26	18.17
PBT / Share (Rs.)	42.51	41.28	32.58	18.48	14.71
Net Profit / Share (Rs.)	33.41	31.43	26.37	14.18	10.26
NP After MI And SOA / Share (Rs.)	33.59	32.05	26.71	13.53	10.81
PBDIT Margin (%)	18.64	19.27	18.28	13.31	11.97
PBIT Margin (%)	16.31	16.88	15.51	9.87	8.89
PBT Margin (%)	16.18	16.68	15.99	9.47	7.20
Net Profit Margin (%)	12.71	12.70	12.94	7.27	5.02
NP After MI And SOA Margin (%)	12.78	12.94	13.11	6.94	5.29
Return on Networth / Equity (%)	16.12	18.03	18.37	11.13	9.29
Return on Capital Employeed (%)	19.89	22.48	20.84	15.06	14.24
Return On Assets (%)	13.54	14.74	14.19	8.78	6.31
Total Debt / Equity (X)	0.00	0.00	0.05	0.00	0.14
Asset Turnover Ratio (%)	1.13	1.22	0.66	0.54	0.62
Current Ratio (X)	4.90	4.93	3.71	4.15	2.39
Quick Ratio (X)	4.90	4.93	3.71	4.15	2.39
Dividend Payout Ratio (NP) (%)	15.03	3.90	9.35	0.00	10.80
Dividend Payout Ratio (CP) (%)	12.71	3.29	7.72	0.00	6.83
Earning Retention Ratio (%)	84.97	96.10	90.65	0.00	89.20
Cash Earning Retention Ratio (%)	87.29	96.71	92.28	0.00	93.17
Interest Coverage Ratio (X)	146.73	96.66	75.99	47.16	31.15
Interest Coverage Ratio (Post Tax) (X)	101.07	64.69	51.78	27.18	17.49
Enterprise Value (Cr.)	3008.13	1513.96	1603.80	564.41	159.98
EV / Net Operating Revenue (X)	1.94	1.04	1.34	0.49	0.13
EV / EBITDA (X)	10.41	5.38	7.30	3.69	1.11
MarketCap / Net Operating Revenue (X)	2.03	1.15	1.47	0.58	0.19
Retention Ratios (%)	84.96	96.09	90.64	0.00	89.19
Price / BV (X)	2.56	1.60	2.06	0.94	0.35
Price / Net Operating Revenue (X)	2.03	1.15	1.47	0.58	0.19
EarningsYield	0.06	0.11	0.08	0.11	0.26

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 762.06

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of December 21, 2024, is Undervalued by 19.26% compared to the current share price 639.00

Intrinsic Value of as of December 21, 2024 is: 903.07

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of December 21, 2024, is Undervalued by 41.33% compared to the current share price 639.00

Last 5 Year EPS CAGR: 18.50%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a high average ROCE of 16.00%, which is a positive sign. The company has higher reserves (665.08 cr) compared to borrowings (69.46 cr), indicating strong financial stability. The company has shown consistent growth in sales (361.31 cr) and profit (125.31 cr) over the years.	The stock has a high average Working Capital Days of 69.00, which may not be favorable. The stock has a high average Cash Conversion Cycle of 73.42, which may not be favorable.

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in :
1. Net Profit Margin: 12.71%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 19.89% (Industry Average ROCE: 20.17%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 16.12% (Industry Average ROE: 16.6%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 101.07
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 4.9
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 20.8 (Industry average Stock P/E: 22.74)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Datamatics Global Services Ltd. is a Public Limited Listed company incorporated on 03/11/1987 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L72200MH1987PLC045205 and registration number is 045205. Currently Company is involved in the business activities of Other information technology and computer service activities. Company’s Total Operating Revenue is Rs. 578.51 Cr. and Equity Capital is Rs. 29.48 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
IT Consulting & Software	Knowledge Centre, Mumbai Maharashtra 400093	investors@datamatics.com http://www.datamatics.com

Management
Name	Position Held
Dr. Lalit S Kanodia	Chairman
Ms. Mona Bhide	Independent Director
Mr. Rahul L Kanodia	Vice Chairman & CEO
Mr. Sameer L Kanodia	Non Executive Director
Mr. Dilip D Dandekar	Independent Director
Mr. Vinay M Aggarwal	Independent Director

FAQ

What is the latest intrinsic value of ?

The latest intrinsic value of as on 21 December 2024 is ₹762.06, which is 19.26% higher than the current market price of ₹639.00. The stock has a market capitalization of 3,779 Cr. and recorded a high/low of 776/450 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹1,261 Cr and total liabilities of ₹1,600 Cr.

What is the Market Cap of ?

The Market Cap of is 3,779 Cr..

What is the current Stock Price of as on 21 December 2024?

The current stock price of as on 21 December 2024 is 639.

What is the High / Low of stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of stocks is 776/450.

What is the Stock P/E of ?

The Stock P/E of is 20.8.

What is the Book Value of ?

The Book Value of is 219.

What is the Dividend Yield of ?

The Dividend Yield of is 0.78 %.

What is the ROCE of ?

The ROCE of is 21.2 %.

What is the ROE of ?

The ROE of is 16.6 %.

What is the Face Value of ?

The Face Value of is 5.00.