Athena Global Technologies Ltd: Fundamental Analysis, Share Price Insights & Intrinsic Value (2024)

Share Price and Basic Stock Data

Last Updated: December 21, 2024, 1:23 am

Market Cap	144 Cr.
Current Price	103
High / Low	130/80.0
Stock P/E	0.70
Book Value	139
Dividend Yield	0.00 %
ROCE	124 %
ROE	216 %
Face Value	10.0
PEG Ratio	0.00

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
Mudunuru Ltd	24.1 Cr.	7.73	15.6/6.35		0.34	0.00 %	72.9 %	374 %	2.00
Naapbooks Ltd	129 Cr.	144	159/32.3	55.6	20.0	%	17.4 %	13.6 %
IDream Film Infrastructure Company Ltd	1.41 Cr.	93.8	98.0/85.0		295	0.00 %	%	%	10.0
IB Infotech Enterprises Ltd	23.7 Cr.	185	245/110	31.2	16.8	0.54 %	69.9 %	50.5 %	10.0
Hit Kit Global Solutions Ltd	6.87 Cr.	1.48	1.48/0.58	21.5	2.08	0.00 %	1.92 %	1.94 %	2.00
Industry Average	40,136.67 Cr	797.05		97.64	124.35	0.61%	21.70%	62.45%	6.94

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	5.45	5.94	3.75	4.96	4.78	1.82	3.33	2.08	3.37	2.53	3.96	3.92	4.17
Expenses	6.55	5.96	7.19	8.03	6.57	8.05	5.20	7.96	6.89	4.06	6.14	16.93	6.34
Operating Profit	-1.10	-0.02	-3.44	-3.07	-1.79	-6.23	-1.87	-5.88	-3.52	-1.53	-2.18	-13.01	-2.17
OPM %	-20.18%	-0.34%	-91.73%	-61.90%	-37.45%	-342.31%	-56.16%	-282.69%	-104.45%	-60.47%	-55.05%	-331.89%	-52.04%
Other Income	1.45	0.71	6.26	0.74	0.09	0.23	0.23	0.04	0.03	0.33	-0.01	236.23	0.03
Interest	0.93	1.63	5.95	0.85	1.37	1.59	1.57	1.95	2.60	2.75	3.14	1.73	2.69
Depreciation	0.14	0.14	0.17	0.12	0.27	0.28	0.24	0.19	0.29	0.19	0.40	-0.57	0.07
Profit before tax	-0.72	-1.08	-3.30	-3.30	-3.34	-7.87	-3.45	-7.98	-6.38	-4.14	-5.73	222.06	-4.90
Tax %	11.11%	9.26%	1.52%	-14.24%	-10.48%	0.13%	5.80%	-6.14%	-3.13%	23.67%	-26.53%	0.66%	-3.27%
Net Profit	-0.80	-1.18	-3.35	-2.83	-2.99	-7.89	-3.65	-7.50	-6.17	-5.12	-4.21	220.60	-4.74
EPS in Rs	-0.67	-1.00	-2.63	-2.22	-2.35	-6.19	-2.86	-5.61	-4.61	-3.83	-3.00	157.01	-3.37

Last Updated: October 7, 2024, 8:35 am

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 2:58 pm

Month	Mar 2006	Mar 2014	Mar 2015	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	15	6	8	11	8	14	26	26	20	12	14	15
Expenses	13	12	7	14	11	14	26	26	28	27	33	33
Operating Profit	2	-5	1	-3	-3	-0	0	-0	-8	-15	-19	-19
OPM %	10%	-81%	10%	-31%	-33%	-1%	1%	-1%	-38%	-127%	-140%	-130%
Other Income	0	-0	0	1	4	2	2	2	9	1	237	237
Interest	1	0	0	1	1	2	3	5	9	7	11	10
Depreciation	1	0	0	0	0	0	4	3	0	1	0	0
Profit before tax	0	-6	1	-3	-0	-1	-4	-5	-8	-23	206	207
Tax %	275%	0%	0%	1%	-586%	140%	34%	20%	-3%	-3%	0%
Net Profit	-0	-6	1	-3	0	-1	-6	-6	-8	-22	205	207
EPS in Rs	-0.09	-7.18	0.73	-3.31	0.34	-0.90	-2.88	-4.94	-5.80	-16.00	146.35	146.81
Dividend Payout %	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2014-2015	2017-2018	2019-2020	2020-2021	2021-2022	2022-2023	2023-2024
YoY Net Profit Growth (%)	116.67%	100.00%	-500.00%	0.00%	-33.33%	-175.00%	1031.82%
Change in YoY Net Profit Growth (%)	0.00%	-16.67%	-600.00%	500.00%	-33.33%	-141.67%	1206.82%

has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2014-2015 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	8%
5 Years:	-1%
3 Years:	-19%
TTM:	45%

Compounded Profit Growth
10 Years:	44%
5 Years:	189%
3 Years:	233%
TTM:	1022%

Stock Price CAGR
10 Years:	29%
5 Years:	20%
3 Years:	14%
1 Year:	8%

Return on Equity
10 Years:	%
5 Years:	%
3 Years:	%
Last Year:	216%

Last Updated: Unknown

Balance Sheet

Last Updated: December 14, 2024, 2:12 pm

Month	Mar 2006	Mar 2014	Mar 2015	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	8	8	8	10	11	11	11	12	13	13	14	14
Reserves	18	-17	-17	-21	-20	-21	-22	-7	-5	-24	186	181
Borrowings	5	3	3	4	4	3	6	10	45	74	86	101
Other Liabilities	3	22	22	21	28	36	39	43	24	31	39	37
Total Liabilities	34	15	16	14	23	30	34	58	77	95	325	334
Fixed Assets	8	3	3	6	5	6	5	29	39	38	273	313
CWIP	0	1	1	1	4	6	10	13	19	25	32	0
Investments	1	0	0	0	0	0	0	0	0	6	3	1
Other Assets	25	11	12	8	14	18	19	16	19	26	17	20
Total Assets	34	15	16	14	23	30	34	58	77	95	325	334

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2006	Mar 2014	Mar 2015	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	-1	3	0	0	5	-1	9	5	-4	-21	12
Cash from Investing Activity +	-1	-4	0	-2	-3	-3	-10	-7	-9	-13	-5
Cash from Financing Activity +	1	1	-0	1	-1	4	2	1	12	35	-8
Net Cash Flow	-0	-0	0	-0	1	-1	1	0	-1	2	-1

Free Cash Flow

Month	Mar 2006	Mar 2014	Mar 2015	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-3.00	-8.00	-2.00	-7.00	-7.00	-3.00	-6.00	-10.00	-53.00	-89.00	-105.00

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 2006	Mar 2014	Mar 2015	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	291	127	128	79	120	115	84	69	136	237	69
Inventory Days								188	11	9	1
Days Payable								48	77	84	203
Cash Conversion Cycle	291	127	128	79	120	115	84	208	70	162	-133
Working Capital Days	463	-27	-17	-108	29	55	2	-56	12	192	-723
ROCE %								-14%	3%	-26%	124%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	57.66%	57.66%	57.66%	57.66%	57.66%	59.65%	59.65%	59.65%	61.57%	61.57%	61.44%	61.44%
Public	42.34%	42.34%	42.34%	42.34%	42.34%	40.35%	40.35%	40.35%	38.43%	38.42%	38.57%	38.57%
No. of Shareholders	5,987	5,966	5,945	5,916	5,907	5,991	5,984	5,956	5,999	6,096	6,396	7,458

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	10.00	10.00	10.00	10.00	10.00
Basic EPS (Rs.)	153.29	-16.46	-6.80	-5.45	-5.05
Diluted EPS (Rs.)	146.19	-16.46	-6.80	-5.45	-4.85
Cash EPS (Rs.)	146.12	-15.73	-5.96	-3.30	-1.96
Book Value[Excl.RevalReserv]/Share (Rs.)	142.02	-7.57	6.93	5.25	-10.99
Book Value[Incl.RevalReserv]/Share (Rs.)	142.02	-7.57	6.93	5.25	-10.99
Revenue From Operations / Share (Rs.)	9.80	8.98	15.77	21.97	23.25
PBDIT / Share (Rs.)	153.91	-11.07	1.20	0.47	2.35
PBIT / Share (Rs.)	153.68	-11.80	0.83	-1.67	-0.73
PBT / Share (Rs.)	146.41	-16.93	-6.51	-4.55	-3.76
Net Profit / Share (Rs.)	145.90	-16.46	-6.33	-5.45	-5.05
NP After MI And SOA / Share (Rs.)	146.35	-16.00	-5.80	-4.95	-2.88
PBDIT Margin (%)	1569.64	-123.23	7.62	2.18	10.12
PBIT Margin (%)	1567.37	-131.41	5.27	-7.59	-3.15
PBT Margin (%)	1493.17	-188.51	-41.30	-20.69	-16.17
Net Profit Margin (%)	1487.96	-183.30	-40.12	-24.79	-21.72
NP After MI And SOA Margin (%)	1492.55	-178.17	-36.78	-22.50	-12.37
Return on Networth / Equity (%)	102.79	0.00	-91.65	-110.44	0.00
Return on Capital Employeed (%)	79.25	-22.05	2.01	-6.25	-5.69
Return On Assets (%)	63.26	-22.54	-9.57	-10.04	-9.66
Long Term Debt / Equity (X)	0.28	-6.45	4.61	0.06	-0.06
Total Debt / Equity (X)	0.33	-7.23	5.61	1.80	-0.53
Asset Turnover Ratio (%)	0.06	0.13	0.26	0.47	0.69
Current Ratio (X)	0.30	1.01	0.70	0.55	0.80
Quick Ratio (X)	0.30	1.00	0.69	0.49	0.73
Interest Coverage Ratio (X)	21.16	-2.16	0.16	0.16	0.77
Interest Coverage Ratio (Post Tax) (X)	21.05	-2.21	0.13	-0.89	-0.66
Enterprise Value (Cr.)	193.33	139.50	137.55	51.32	44.10
EV / Net Operating Revenue (X)	14.03	11.61	6.84	1.97	1.67
EV / EBITDA (X)	0.89	-9.42	89.65	90.34	16.49
MarketCap / Net Operating Revenue (X)	9.18	5.57	4.56	1.62	1.56
Price / BV (X)	0.63	-6.51	11.35	7.94	-3.79
Price / Net Operating Revenue (X)	9.18	5.57	4.56	1.62	1.56
EarningsYield	1.63	-0.32	-0.08	-0.13	-0.07

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of as of December 21, 2024 is: 214.37

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 108.13% compared to the current share price 103.00

Intrinsic Value of as of December 21, 2024 is: 586.08

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 469.01% compared to the current share price 103.00

Last 5 Year EPS CAGR: 173.40%

*Investments are subject to market risks

Strength and Weakness

Strength	Weakness
The stock has a low average Working Capital Days of -16.18, which is a positive sign. The company has shown consistent growth in sales (14.58 cr) and profit (30.33 cr) over the years.	The stock has a low average ROCE of 7.91%, which may not be favorable. The stock has a high average Cash Conversion Cycle of 113.73, which may not be favorable. The company has higher borrowings (28.67) compared to reserves (19.25), which may suggest financial risk.

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: 1487.96%
  - 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: 79.25% (Industry Average ROCE: 21.7%)
  - 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%: 102.79% (Industry Average ROE: 62.45%)
  - 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): 21.05
  - 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: 0.3
  - 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: 0.7 (Industry average Stock P/E: 97.64)
  - 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: 0.33
  - 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

Athena Global Technologies Ltd. is a Public Limited Listed company incorporated on 06/05/1992 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L74140TG1992PLC014182 and registration number is 014182. Currently company belongs to the Industry of IT Consulting & Software. Company’s Total Operating Revenue is Rs. 17.83 Cr. and Equity Capital is Rs. 12.75 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
IT Consulting & Software	2nd floor, Unit No. 203 Gowra Palladium, Sy.No 8A & 8B1 in Survey Nos. 83/1, Hyderabad Telangana 500081	cs@athenagt.com http://www.athenagt.com

Management
Name	Position Held
Mr. M Satyendra	Chairman & Managing Director
Mr. Avinash Vashistha	Director
Mr. Nukala Ashwanth	Independent Director
Mr. Ramesh Babu Nemani	Independent Director
Mr. Maddi Venkata Sudarsan	Independent Director
Mrs. M Sunitha	Woman Director

FAQ

What is the latest intrinsic value of Athena Global Technologies Ltd?

The latest intrinsic value of Athena Global Technologies Ltd as on 21 December 2024 is ₹214.37, which is 108.13% higher than the current market price of ₹103.00. The stock has a market capitalization of 144 Cr. and recorded a high/low of 130/80.0 during the current fiscal year 2024-2025. As of Sep 2024, the company has reserves of ₹181 Cr and total liabilities of ₹334 Cr.

What is the Market Cap of Athena Global Technologies Ltd?

The Market Cap of Athena Global Technologies Ltd is 144 Cr..

What is the current Stock Price of Athena Global Technologies Ltd as on 21 December 2024?

The current stock price of Athena Global Technologies Ltd as on 21 December 2024 is 103.

What is the High / Low of Athena Global Technologies Ltd stocks in FY 2024-2025?

In FY 2024-2025, the High / Low of Athena Global Technologies Ltd stocks is 130/80.0.

What is the Stock P/E of Athena Global Technologies Ltd?

The Stock P/E of Athena Global Technologies Ltd is 0.70.

What is the Book Value of Athena Global Technologies Ltd?

The Book Value of Athena Global Technologies Ltd is 139.

What is the Dividend Yield of Athena Global Technologies Ltd?

The Dividend Yield of Athena Global Technologies Ltd is 0.00 %.

What is the ROCE of Athena Global Technologies Ltd?

The ROCE of Athena Global Technologies Ltd is 124 %.

What is the ROE of Athena Global Technologies Ltd?

The ROE of Athena Global Technologies Ltd is 216 %.

What is the Face Value of Athena Global Technologies Ltd?

The Face Value of Athena Global Technologies Ltd is 10.0.