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Last Updated on: 30 May, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of California Software Company Ltd

About the Company - California Software Company Ltd

California Software Company Ltd. is a Public Limited Listed company incorporated on 06/02/1992 and has its registered office in the State of Tamil Nadu, India. Company’s Corporate Identification Number(CIN) is L72300TN1992PLC022135 and registration number is 022135. Currently Company is involved in the business activities of Providing software support and maintenance to the clients. Company’s Total Operating Revenue is Rs. 10.86 Cr. and Equity Capital is Rs. 15.46 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
IT Consulting & SoftwareWorkflo, Greeta Towers, Industrial Estate, Chennai (Madras) Tamil Nadu 600096investor@calsoftgroup.com
http://www.calsoftgroup.com
Management
NamePosition Held
Mr. Fredrick BundleChairman
Dr. Mahalingam VasudevanManaging Director & CEO
Mr. Vijayakumar MadhavanExecutive Director
Dr. V ManimalaExecutive Director & CFO
Dr. R S ChandanIndependent Director
Dr. B DuraisamyIndependent Director
Dr. Ashok GodavarthiIndependent Director
Mr. M SampathIndependent Director
Ms. A V N SrimathiIndependent Woman Director

Basic Stock Data of California Software Company Ltd

Last Updated: May 28, 2024, 9:06 pm

Market Cap 23.9 Cr.
Current Price 15.2
High / Low23.2/12.0
Stock P/E1,194
Book Value 7.65
Dividend Yield0.00 %
ROCE1.61 %
ROE1.69 %
Face Value 10.0
PEG Ratio-71.31

Competitors of California Software Company Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
Athena Global Technologies Ltd 125 Cr. 88.6110/45.1 16.00.00 %26.4 %% 10.0
Tech Mahindra Ltd 1,28,641 Cr. 1,3171,416/1,06054.6 2732.43 %11.9 %8.64 % 5.00
Palred Technologies Ltd 149 Cr. 122230/113 48.40.00 %4.41 %0.08 % 10.0
63 Moons Technologies Ltd 1,963 Cr. 426691/1629.95 7040.45 %1.99 %1.43 % 2.00
Megasoft Ltd 521 Cr. 70.6107/28.6 24.50.00 %7.58 %6.82 % 10.0
Industry Average26,279.80 Cr404.8412.91213.180.58%10.46%3.39%7.40

California Software Company Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales0.560.400.153.503.354.000.011.001.020.720.020.981.03
Expenses0.250.220.260.550.661.630.580.390.300.510.420.590.81
Operating Profit0.310.18-0.112.952.692.37-0.570.610.720.21-0.400.390.22
OPM %55.36%45.00%-73.33%84.29%80.30%59.25%-5,700.00%61.00%70.59%29.17%-2,000.00%39.80%21.36%
Other Income0.000.000.000.000.000.000.000.000.000.000.000.000.00
Interest0.000.000.000.000.000.000.000.000.000.000.000.000.00
Depreciation0.000.000.300.000.000.880.240.220.210.200.220.180.18
Profit before tax0.310.18-0.412.952.691.49-0.810.390.510.01-0.620.210.04
Tax %41.94%27.78%-9.76%0.00%0.00%34.23%-154.32%0.00%49.02%0.00%27.42%0.00%0.00%
Net Profit0.180.14-0.442.952.690.98-2.070.390.260.00-0.450.210.04
EPS in Rs0.120.09-0.281.911.740.63-1.340.250.170.00-0.290.140.03

California Software Company Ltd Quarterly Chart

California Software Company Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales74.1843.364.640.000.000.000.951.451.181.4610.862.763.29
Expenses165.8367.2330.856.17-7.96-1.730.410.791.260.903.431.562.51
Operating Profit-91.65-23.87-26.21-6.177.961.730.540.66-0.080.567.431.200.78
OPM %-123.55%-55.05%-564.87%56.84%45.52%-6.78%38.36%68.42%43.48%23.71%
Other Income29.3932.2623.902.64-2.130.020.00-0.670.170.000.000.000.00
Interest9.628.819.689.037.000.000.000.000.000.000.000.000.00
Depreciation5.232.282.442.540.000.000.000.000.000.301.110.900.76
Profit before tax-77.11-2.70-14.43-15.10-1.171.750.54-0.010.090.266.320.300.02
Tax %2.63%-2.22%-0.35%0.00%0.00%0.00%18.52%-2,000.00%22.22%26.92%27.85%26.67%
Net Profit-75.08-2.75-14.48-15.10-1.171.750.44-0.210.060.194.550.220.02
EPS in Rs-62.72-2.22-11.71-12.21-0.951.420.36-0.170.050.122.940.140.02
Dividend Payout %0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

California Software Company Ltd Profit & Loss Yearly Chart

California Software Company Ltd Growth

Compounded Sales Growth
10 Years:-24%
5 Years:24%
3 Years:33%
TTM:20%
Compounded Profit Growth
10 Years:7%
5 Years:-13%
3 Years:54%
TTM:101%
Stock Price CAGR
10 Years:14%
5 Years:-6%
3 Years:23%
1 Year:24%
Return on Equity
10 Years:%
5 Years:-25%
3 Years:15%
Last Year:2%

Last Updated: April 17, 2024, 3:03 am

California Software Company Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital12.3712.3712.3712.3712.3712.3712.3712.3712.3715.4615.4615.4615.46
Reserves2.70-2.88-19.51-32.93-43.57-41.82-6.29-5.81-5.75-5.53-0.98-3.88-3.63
Borrowings67.6562.2253.3660.9036.9735.110.320.551.171.704.906.377.34
Other Liabilities43.1576.539.319.060.420.360.280.310.456.466.827.127.26
Total Liabilities125.87148.2455.5349.406.196.026.687.428.2418.0926.2025.0726.43
Fixed Assets59.3053.5645.0341.970.000.000.000.010.015.504.423.533.17
CWIP0.000.000.000.000.000.000.000.000.000.000.000.000.00
Investments6.742.740.000.000.000.000.000.000.003.113.110.000.00
Other Assets59.8391.9410.507.436.196.026.687.418.239.4818.6721.5423.26
Total Assets125.87148.2455.5349.406.196.026.687.428.2418.0926.2025.0726.43

California Software Company Ltd Reserves and Borrowings Chart

California Software Company Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 23.211.527.053.49-6.97-0.08-35.03-0.22-0.584.67-3.14-1.46
Cash from Investing Activity 12.876.024.560.0336.000.00-0.10-0.010.00-5.78-0.04-0.01
Cash from Financing Activity -36.86-16.72-21.01-4.66-29.270.0035.110.240.610.533.201.47
Net Cash Flow-0.78-9.18-9.40-1.15-0.23-0.08-0.020.010.03-0.590.020.00

California Software Company Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days105.00560.2129.11265.11349.90692.88902.50485.992,266.70
Inventory Days
Days Payable
Cash Conversion Cycle105.00560.2129.11265.11349.90692.88902.50485.992,266.70
Working Capital Days-109.73-74.75-958.912,447.421,777.172,384.87757.50395.251,888.48
ROCE %-36.82%-7.02%-26.13%-11.60%50.49%30.62%8.96%9.77%1.21%2.68%40.76%1.61%

California Software Company Ltd Financial Efficiency Indicators Chart

California Software Company Ltd Share Holding Pattern

MonthMar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Promoters35.73%35.73%35.73%35.73%35.73%35.73%35.73%35.73%35.73%35.73%35.73%35.73%
FIIs0.00%0.00%0.00%0.05%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
DIIs0.00%0.00%0.00%0.01%0.01%0.00%0.00%0.00%0.00%0.00%0.00%0.00%
Public64.27%64.27%64.27%64.21%64.26%64.27%64.27%64.27%64.27%64.28%64.28%64.27%
No. of Shareholders6,2188,5277,64411,44212,57312,69313,01813,51813,57113,64513,45714,241

California Software Company Ltd Shareholding Pattern Chart

No. of California Software Company Ltd Shareholders

This stock is not held by any mutual fund

California Software Company Ltd ROCE Trend

California Software Company Ltd EPS Trend

California Software Company Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.142.81-0.140.05-0.17
Diluted EPS (Rs.)0.142.81-0.140.05-0.17
Cash EPS (Rs.)0.723.530.050.05-0.16
Book Value[Excl.RevalReserv]/Share (Rs.)7.497.084.145.355.30
Book Value[Incl.RevalReserv]/Share (Rs.)7.497.084.145.355.30
Revenue From Operations / Share (Rs.)1.797.020.580.951.17
PBDIT / Share (Rs.)0.774.800.000.060.53
PBIT / Share (Rs.)0.194.08-0.180.060.53
PBT / Share (Rs.)0.194.08-0.180.06-0.01
Net Profit / Share (Rs.)0.142.81-0.130.05-0.16
NP After MI And SOA / Share (Rs.)0.142.81-0.130.05-0.16
PBDIT Margin (%)43.2568.400.397.2545.79
PBIT Margin (%)10.8158.15-32.477.2545.79
PBT Margin (%)10.8158.15-32.477.25-0.53
Net Profit Margin (%)8.0039.99-24.035.36-14.26
NP After MI And SOA Margin (%)8.0039.99-24.035.36-14.26
Return on Networth / Equity (%)1.9139.69-3.380.95-3.15
Return on Capital Employeed (%)2.5827.97-4.541.2810.13
Return On Assets (%)0.8818.79-1.420.76-2.78
Long Term Debt / Equity (X)0.000.440.000.000.00
Total Debt / Equity (X)0.540.440.260.170.08
Asset Turnover Ratio (%)0.100.520.110.120.16
Current Ratio (X)1.5935.031.115.068.52
Quick Ratio (X)1.5935.031.115.068.52
Dividend Payout Ratio (NP) (%)0.000.000.005.650.00
Dividend Payout Ratio (CP) (%)0.000.000.005.650.00
Earning Retention Ratio (%)0.000.000.0094.350.00
Cash Earning Retention Ratio (%)0.000.000.0094.350.00
Enterprise Value (Cr.)24.2760.1814.8210.9028.28
EV / Net Operating Revenue (X)8.785.5416.479.2819.51
EV / EBITDA (X)20.308.104134.88127.9042.60
MarketCap / Net Operating Revenue (X)6.505.1014.628.3319.14
Retention Ratios (%)0.000.000.0094.340.00
Price / BV (X)1.555.062.061.484.24
Price / Net Operating Revenue (X)6.505.1014.628.3419.16
EarningsYield0.010.07-0.010.01-0.01

California Software Company Ltd Profitability Ratios (%)

California Software Company Ltd Liquidity Ratios

California Software Company Ltd Liquidity Ratios (%)

California Software Company Ltd Interest Coverage Ratios (%)

California Software Company Ltd Valuation Ratios

Fair Value

Fair Value: ₹157.45

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.

Undervalued: 935.88% compared to the current price ₹15.2

Intrinsic Value: ₹131.09

Calculation basis:

  • Fair 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 fair value of the stock by analyzing its fundamental indicators along with EPS growth.

Undervalued: 762.42% compared to the current price ₹15.2

Last 5 Year EPS CAGR: -16.74%

*Investments are subject to market risks

Strength and Weakness of California Software Company Ltd Stock

StrengthWeakness
  1. The stock is trading at a low valuation with an average P/B ratio of 0.94 and average Dividend Yield of 17.91%.
  2. The stock has a low average Working Capital Days of 1.28, which is a positive sign.
  1. The stock has a low average ROCE of 5.38%, which may not be favorable.
  2. The stock has a high average Cash Conversion Cycle of 282.73, which may not be favorable.
  3. The company has higher borrowings (26.04) compared to reserves (-13.07), which may suggest financial risk.
  4. The company has not shown consistent growth in sales (11.09) and profit (-7.79).

FAQ

What is the latest fair value of California Software Company Ltd?

The latest fair value of California Software Company Ltd is ₹157.45.

What is the Market Cap of California Software Company Ltd?

The Market Cap of California Software Company Ltd is 23.9 Cr..

What is the current Stock Price of California Software Company Ltd as on 30 May 2024?

The current stock price of California Software Company Ltd as on 30 May 2024 is ₹15.2.

What is the High / Low of California Software Company Ltd stocks in FY 2024?

In FY 2024, the High / Low of California Software Company Ltd stocks is 23.2/12.0.

What is the Stock P/E of California Software Company Ltd?

The Stock P/E of California Software Company Ltd is 1,194.

What is the Book Value of California Software Company Ltd?

The Book Value of California Software Company Ltd is 7.65.

What is the Dividend Yield of California Software Company Ltd?

The Dividend Yield of California Software Company Ltd is 0.00 %.

What is the ROCE of California Software Company Ltd?

The ROCE of California Software Company Ltd is 1.61 %.

What is the ROE of California Software Company Ltd?

The ROE of California Software Company Ltd is 1.69 %.

What is the Face Value of California Software Company Ltd?

The Face Value of California Software Company 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 California Software Company 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