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Last Updated on: 14 April, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: 532633 | NSE: ALLSEC

Fundamental Analysis of Allsec Technologies Ltd

About the Company - Allsec Technologies Ltd

Allsec Technologies Ltd. is a Public Limited Listed company incorporated on 24/08/1998 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L72300TN1998PLC041033 and registration number is 041033. Currently Company is involved in the business activities of Human resources provision and management of human resources functions. Company’s Total Operating Revenue is Rs. 221.21 Cr. and Equity Capital is Rs. 15.24 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
IT Enabled Services46C, Velachery Main Road, Chennai (Madras) Tamil Nadu 600042investorcontact@allsectech.com
http://www.allsectech.com
Management
NamePosition Held
Mr. Ajit Abraham IsaacChairman, Non Ind & Non Exe Director
Mr. Milind ChalisgaonkarInd. Non-Executive Director
Mr. Sanjay AnandaramInd. Non-Executive Director
Ms. R Lakshmi SaradaInd. Non-Executive Woman Director
Mr. Guruprasad SrinivasanNon Exe.Non Ind.Director
Mr. Kamal HodaNon Exe.Non Ind.Director

Allsec Technologies Ltd. Share Price Update

Share PriceValue
Today₹715.75
Previous Day₹701.70

Basic Stock Data of Allsec Technologies Ltd

Last Updated: April 8, 2024, 5:46 am

Market Cap 1,112 Cr.
Current Price 730
High / Low895/420
Stock P/E20.1
Book Value 170
Dividend Yield4.13 %
ROCE24.9 %
ROE21.3 %
Face Value 10.0

Data Source: screener.in

Competitors of Allsec Technologies Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Ace Engitech Ltd 6.69 Cr. 20.229.0/11.9 1.880.00 %13.0 %14.3 % 10.0
Route Mobile Ltd 10,055 Cr. 1,6011,760/1,23626.8 3200.69 %22.0 %18.7 % 10.0
L&T Technology Services Ltd 59,760 Cr. 5,6515,885/3,30845.9 4530.80 %32.6 %25.0 % 2.00
Aurum Proptech Ltd 423 Cr. 145187/104 27.50.00 %16.2 %14.9 % 5.00
One Point One Solutions Ltd 1,063 Cr. 54.470.0/18.060.1 3.890.00 %16.9 %17.3 % 2.00
Industry Average14,261.54 Cr1,494.3226.56161.250.30%20.14%18.04%5.80

Allsec Technologies Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales687273717783858894100108108112
Expenses54545356586162687379848387
Operating Profit14182116192224202221242525
OPM %21%25%28%22%24%26%28%23%23%21%22%23%23%
Other Income0021312441122
Interest1010001111111
Depreciation5676666677978
Profit before tax8121511161618171914151920
Tax %21%29%8%176%19%20%4%19%14%49%20%16%17%
Net Profit6914-813131814167121616
EPS in Rs4.235.829.04-5.238.508.6411.488.9610.414.747.9510.3510.66

Allsec Technologies Ltd Quarterly Chart

Allsec Technologies Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales183320200151233318325261294277317390428
Expenses184284237160199255264221219211237302333
Operating Profit-136-37-9346361407566808995
OPM %-0%11%-19%-6%15%20%19%15%26%24%25%23%22%
Other Income54391077-544686
Interest1572210023243
Depreciation1415121186452023232830
Profit before tax-1021-54-12356364295744616568
Tax %-40%57%31%-14%10%2%6%46%21%20%42%24%
Net Profit-159-37-14316260164535364951
EPS in Rs-11.141.28-16.40-9.2320.3040.5039.0710.2829.4823.0523.3932.0633.70
Dividend Payout %0%0%0%0%0%0%13%97%0%65%257%62%

Allsec Technologies Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2012-20132013-20142014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)160.00%-511.11%62.16%321.43%100.00%-3.23%-73.33%181.25%-22.22%2.86%36.11%
Change in YoY Net Profit Growth (%)0.00%-671.11%573.27%259.27%-221.43%-103.23%-70.11%254.58%-203.47%25.08%33.25%

Allsec Technologies Ltd Growth

Compounded Sales Growth
10 Years:2%
5 Years:4%
3 Years:10%
TTM:22%
Compounded Profit Growth
10 Years:38%
5 Years:-4%
3 Years:3%
TTM:2%
Stock Price CAGR
10 Years:37%
5 Years:19%
3 Years:30%
1 Year:49%
Return on Equity
10 Years:17%
5 Years:16%
3 Years:16%
Last Year:21%

Allsec Technologies Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital15151515151515151515151515
Reserves8486644676134192203213250194214244
Borrowings25171481112422434452
Other Liabilities37553920372633273733426061
Total Liabilities13816113596137176242245289319294334372
Fixed Assets46433927222224133432566082
CWIP07000100018120
Investments59112196173823350474749
Other Assets8710385689593144150221236184215241
Total Assets13816113596137176242245289319294334372

Allsec Technologies Ltd Reserves and Borrowings Chart

Allsec Technologies Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -1127-6-63570532076706471
Cash from Investing Activity 5-22-128-19-45-15-525-26-19-11
Cash from Financing Activity -2310-2-8-90-10-48-19-112-52
Net Cash Flow-78-8-08163855324-679

Allsec Technologies Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days876460719242465056556655
Inventory Days
Days Payable
Cash Conversion Cycle876460719242465056556655
Working Capital Days3022-9223521203537465042
ROCE %-9%23%-45%-13%41%50%33%17%25%17%22%25%

Allsec Technologies Ltd Financial Efficiency Indicators Chart

Allsec Technologies Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters73.39%73.39%73.39%73.39%73.39%73.39%73.39%73.39%73.39%73.39%73.39%73.39%
FIIs0.00%0.00%0.02%0.04%0.02%0.00%0.03%0.03%0.00%0.00%0.06%0.09%
DIIs0.00%0.00%0.00%0.63%0.00%0.00%0.00%0.20%0.11%0.80%1.02%1.12%
Public26.61%26.61%26.60%25.94%26.60%26.61%26.59%26.40%26.49%25.81%25.55%25.40%
No. of Shareholders5,5826,3668,4298,58311,19311,59310,96711,61811,31311,33412,05314,810

Allsec Technologies Ltd Shareholding Pattern Chart

No. of Allsec Technologies Ltd Shareholders

This stock is not held by any mutual fund

Allsec Technologies Ltd ROCE Trend

Allsec Technologies Ltd EPS Trend

Allsec Technologies Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)32.0623.3923.0529.4810.28
Diluted EPS (Rs.)32.0623.3923.0529.4810.28
Cash EPS (Rs.)50.6038.7738.3942.5413.73
Book Value[Excl.RevalReserv]/Share (Rs.)150.71137.43173.96149.65142.91
Book Value[Incl.RevalReserv]/Share (Rs.)150.71137.43173.96149.65142.91
Revenue From Operations / Share (Rs.)256.20208.14181.56193.20171.36
PBDIT / Share (Rs.)63.2956.8845.6352.0730.87
PBIT / Share (Rs.)44.7641.4930.2839.0227.42
PBT / Share (Rs.)42.3540.1228.6837.5318.92
Net Profit / Share (Rs.)32.0623.3923.0429.4810.28
NP After MI And SOA / Share (Rs.)32.0623.3923.0429.4810.28
PBDIT Margin (%)24.7027.3225.1326.9518.01
PBIT Margin (%)17.4619.9316.6720.1916.00
PBT Margin (%)16.5219.2715.7919.4211.03
Net Profit Margin (%)12.5111.2312.6915.256.00
NP After MI And SOA Margin (%)12.5111.2312.6915.256.00
Return on Networth / Equity (%)21.2717.0113.2419.707.19
Return on Capital Employeed (%)25.9825.9316.6124.1818.85
Return On Assets (%)14.6412.1110.9915.536.39
Asset Turnover Ratio (%)1.240.800.760.930.70
Current Ratio (X)3.304.096.285.138.63
Quick Ratio (X)3.304.096.285.138.63
Dividend Payout Ratio (NP) (%)62.38256.530.0033.9148.62
Dividend Payout Ratio (CP) (%)39.52154.730.0023.5036.40
Earning Retention Ratio (%)37.62-156.530.0066.0951.38
Cash Earning Retention Ratio (%)60.48-54.730.0076.5063.60
Interest Coverage Ratio (X)26.2841.6728.5035.1296.02
Interest Coverage Ratio (Post Tax) (X)14.3118.1315.3920.8858.43
Enterprise Value (Cr.)651.25717.89332.5757.21352.69
EV / Net Operating Revenue (X)1.672.261.200.191.35
EV / EBITDA (X)6.758.284.780.727.50
MarketCap / Net Operating Revenue (X)1.902.521.740.621.62
Retention Ratios (%)37.61-156.530.0066.0851.37
Price / BV (X)3.233.821.820.801.95
Price / Net Operating Revenue (X)1.902.521.740.621.62
EarningsYield0.060.040.070.240.03

Allsec Technologies Ltd Profitability Ratios (%)

Allsec Technologies Ltd Liquidity Ratios

Allsec Technologies Ltd Liquidity Ratios (%)

Allsec Technologies Ltd Interest Coverage Ratios (X)

Allsec Technologies Ltd Valuation Ratios

Fair Value / Intrinsic Value of Allsec Technologies Ltd

Fair Value: 757.88

The stock is undervalued by 3.82% compared to the current price ₹730

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.

*Investments are subject to market risks

Strength and Weakness of Allsec Technologies Ltd

StrengthWeakness
  1. The stock has a high average ROCE of 15.50%, which is a positive sign.
  2. The stock has a low average Working Capital Days of 29.25, which is a positive sign.
  3. The company has higher reserves (153.85 cr) compared to borrowings (18.00 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (285.92 cr) and profit (33.62 cr) over the years.
  1. The stock has a high average Cash Conversion Cycle of 62.00, which may not be favorable.

Should I Buy Allsec Technologies Ltd Share Now?

  • 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 Allsec Technologies Ltd:
    1. Net Profit Margin: 12.51%
      • 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: 25.98% (Industry Average ROCE: 20.74%)
      • 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%: 21.27% (Industry Average ROE: 17.56%)
      • 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): 14.31
      • 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: 3.30
      • 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: 20.1 (Industry average Stock P/E: 25.08)
      • 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: N/A
      • 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: ★★★★☆

FAQ

What is the latest fair value of Allsec Technologies Ltd?

The latest fair value of Allsec Technologies Ltd is 757.88.

What is the Market Cap of Allsec Technologies Ltd?

The Market Cap of Allsec Technologies Ltd is 1,112 Cr..

What is the current Stock Price of Allsec Technologies Ltd as on 13 April 2024?

The current stock price of Allsec Technologies Ltd as on 13 April 2024 is 730.

What is the High / Low of Allsec Technologies Ltd stocks in FY 2024?

In FY 2024, the High / Low of Allsec Technologies Ltd stocks is ₹895/420.

What is the Stock P/E of Allsec Technologies Ltd?

The Stock P/E of Allsec Technologies Ltd is 20.1.

What is the Book Value of Allsec Technologies Ltd?

The Book Value of Allsec Technologies Ltd is 170.

What is the Dividend Yield of Allsec Technologies Ltd?

The Dividend Yield of Allsec Technologies Ltd is 4.13 %.

What is the ROCE of Allsec Technologies Ltd?

The ROCE of Allsec Technologies Ltd is 24.9 %.

What is the ROE of Allsec Technologies Ltd?

The ROE of Allsec Technologies Ltd is 21.3 %.

What is the Face Value of Allsec Technologies Ltd?

The Face Value of Allsec Technologies Ltd is 10.0.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Allsec Technologies Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE