Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 21 November, 2024
Author: Getaka|Social: Getaka Financial Services X (Earlier Twitter) Profile Getaka Financial Services LinkedIn Logo
Stock Ticker - BSE: 543441 | NSE: CMSINFO

CMS Info Systems Ltd: Intrinsic Value and Fundamental Analysis

Share Price and Basic Stock Data

Last Updated: November 21, 2024, 8:49 pm

Market Cap 7,859 Cr.
Current Price 484
High / Low616/355
Stock P/E21.0
Book Value 124
Dividend Yield1.19 %
ROCE27.5 %
ROE20.5 %
Face Value 10.0
PEG Ratio1.23

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

View Share Price Target for CMS Info Systems Ltd

Competitors of CMS Info Systems Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
IMEC Services Ltd 6.88 Cr. 36.236.2/2.709.84 8.790.00 %2.47 %1.85 % 10.0
Focus Business Solution Ltd 45.5 Cr. 99.0105/59.292.9 14.70.10 %16.1 %13.5 % 10.0
EKI Energy Services Ltd 581 Cr. 211508/207 1530.00 %24.0 %26.2 % 10.0
CMS Info Systems Ltd 7,859 Cr. 484616/35521.0 1241.19 %27.5 %20.5 % 10.0
Ashram Online.Com Ltd 6.31 Cr. 5.268.02/4.56210 10.60.00 %0.24 %0.08 % 10.0
Industry Average13,397.60 Cr1,048.7696.69260.000.36%15.43%13.49%9.05

All Competitor Stocks of CMS Info Systems Ltd

Quarterly Result

MonthSep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
Sales326354399399417438449457487523581553577
Expenses237252294292302318310322359394432412433
Operating Profit89102105107115120139134128129148141143
OPM %27%29%26%27%28%27%31%29%26%25%26%25%25%
Other Income192172446631341011
Interest4344555444444
Depreciation21212628323133343436383738
Profit before tax65877691808910510296121141110113
Tax %24%24%27%21%26%25%26%26%26%20%21%25%26%
Net Profit496656725967777571961118284
EPS in Rs3.314.483.644.683.864.335.014.884.556.166.845.035.15

Last Updated: November 6, 2024, 7:01 pm

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: October 23, 2024, 2:49 pm

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024TTM
Sales7837429031,1621,1311,4081,7042,0472,143
Expenses6496207559328691,0351,2221,5071,597
Operating Profit134122148230262373482539546
OPM %17%16%16%20%23%26%28%26%25%
Other Income7151861413277882
Interest5107814191616
Depreciation212126485888124142145
Profit before tax115116140181211285365459467
Tax %35%34%35%30%28%25%25%23%
Net Profit757691128152213275354361
EPS in Rs5.045.156.168.6310.2513.9417.8421.7622.58
Dividend Payout %-0%-0%-0%21%15%18%27%26%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year2017-20182018-20192019-20202020-20212021-20222022-20232023-2024
YoY Net Profit Growth (%)1.33%19.74%40.66%18.75%40.13%29.11%28.73%
Change in YoY Net Profit Growth (%)0.00%18.40%20.92%-21.91%21.38%-11.02%-0.38%

CMS Info Systems Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2017-2018 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:%
5 Years:18%
3 Years:22%
TTM:22%
Compounded Profit Growth
10 Years:%
5 Years:31%
3 Years:32%
TTM:29%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:%
1 Year:25%
Return on Equity
10 Years:%
5 Years:19%
3 Years:20%
Last Year:21%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 5:32 pm

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Sep 2024
Equity Capital148148148148148153154163163
Reserves4135225896868031,0591,3421,7261,866
Borrowings7-0-0-0-0-0-0-0181
Other Liabilities161171197434580549500673533
Total Liabilities7298429341,2681,5321,7611,9972,5622,743
Fixed Assets162162204328440637753727711
CWIP10342342201871
Investments143215195240281266426613562
Other Assets4224645326967878157981,2051,400
Total Assets7298429341,2681,5321,7611,9972,5622,743

Reserves and Borrowings Chart

Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Cash from Operating Activity +12115074204100219382385
Cash from Investing Activity +-65-915-106-90-284-323-236
Cash from Financing Activity +-57-5-29-56-602-51-51
Net Cash Flow-2555142-50-63998

Free Cash Flow

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Free Cash Flow127.00122.00148.00230.00262.00373.00482.00539.00

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

MonthMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024
Debtor Days5756547013711197118
Inventory Days4921216982182149233238
Days Payable329603318363642610763806
Cash Conversion Cycle-223-335-95-211-324-349-433-450
Working Capital Days6349492135605758
ROCE %19%20%24%24%28%28%28%

Financial Efficiency Indicators Chart

Share Holding Pattern

MonthDec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024
Promoters65.59%63.38%63.16%63.01%60.98%60.24%46.48%26.69%26.69%0.00%0.00%
FIIs5.68%9.54%10.40%10.61%12.46%13.12%15.27%23.76%23.76%36.34%40.21%
DIIs11.93%11.09%11.65%12.09%12.14%12.57%20.96%23.98%23.43%29.01%28.40%
Public16.80%15.99%14.78%14.30%14.43%14.04%17.27%25.56%26.13%34.65%31.40%
No. of Shareholders2,18,5701,43,0911,30,6341,18,2701,09,2011,14,0031,20,8041,43,3651,54,5471,68,9421,60,764

Shareholding Pattern Chart

No. of Shareholders

Mutual Fund Holdings

Fund NameNo of SharesAUM (%)Amount Invested (Cr)Previous Number of SharesPrevious DatePercentage Change
360 ONE Focused Equity Fund3,009,4371.73117.56425,0002024-11-20608.1%
Aditya Birla Sun Life Digital India Fund2,564,9112.2100.2425,0002024-11-20503.51%
Aditya Birla Sun Life Small Cap Fund1,867,3251.6472.95425,0002024-11-20339.37%
Aditya Birla Sun Life Business Cycle Fund901,1312.1435.2425,0002024-11-20112.03%
Aditya Birla Sun Life Dividend Yield Fund900,0002.7735.16425,0002024-11-20111.76%
Parag Parikh ELSS Tax Saver Fund709,4930.8727.72425,0002024-11-2066.94%
Bank of India Small Cap Fund425,0001.7716.6425,0002024-11-200%
Bank of India ELSS Tax Saver329,0001.0612.85425,0002024-11-20-22.59%
Bank of India ELSS Tax Saver - Eco Plan329,0001.0612.85425,0002024-11-20-22.59%
Motilal Oswal Nifty Microcap 250 Index Fund228,8621.18.94425,0002024-11-20-46.15%

ROCE Trend

EPS Trend

Key Financial Ratios

MonthMar 24Mar 23Mar 22Mar 21Mar 20
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)22.2219.3115.0711.399.10
Diluted EPS (Rs.)21.3918.6714.3311.098.87
Cash EPS (Rs.)30.5627.7920.6315.6712.93
Book Value[Excl.RevalReserv]/Share (Rs.)119.61101.1982.0266.5257.46
Book Value[Incl.RevalReserv]/Share (Rs.)119.61101.1982.0266.5257.46
Revenue From Operations / Share (Rs.)139.14124.01103.8088.2593.46
PBDIT / Share (Rs.)38.9235.7826.6220.9117.50
PBIT / Share (Rs.)29.6927.2420.6216.6213.67
PBT / Share (Rs.)28.7025.9719.6816.0613.18
Net Profit / Share (Rs.)21.3319.2514.6311.399.10
NP After MI And SOA / Share (Rs.)21.3319.2514.6311.399.10
PBDIT Margin (%)27.9728.8525.6423.6918.72
PBIT Margin (%)21.3321.9619.8618.8314.63
PBT Margin (%)20.6220.9418.9618.2014.10
Net Profit Margin (%)15.3215.5214.0912.909.73
NP After MI And SOA Margin (%)15.3215.5214.0912.909.73
Return on Networth / Equity (%)17.8319.0217.8317.1115.84
Return on Capital Employeed (%)22.9324.2122.1822.4021.69
Return On Assets (%)13.0514.1412.0710.4510.10
Asset Turnover Ratio (%)0.950.880.830.780.98
Current Ratio (X)2.932.962.211.912.05
Quick Ratio (X)2.702.762.061.731.94
Dividend Payout Ratio (NP) (%)32.695.1810.100.000.00
Dividend Payout Ratio (CP) (%)22.823.597.160.000.00
Earning Retention Ratio (%)67.3194.8289.900.000.00
Cash Earning Retention Ratio (%)77.1896.4192.840.000.00
Interest Coverage Ratio (X)39.0828.1628.3337.5935.40
Interest Coverage Ratio (Post Tax) (X)22.4216.1516.5721.4719.42
Enterprise Value (Cr.)6088.034116.773914.480.000.00
EV / Net Operating Revenue (X)2.692.152.460.000.00
EV / EBITDA (X)9.617.459.600.000.00
MarketCap / Net Operating Revenue (X)2.812.232.550.000.00
Retention Ratios (%)67.3094.8189.890.000.00
Price / BV (X)3.262.733.230.000.00
Price / Net Operating Revenue (X)2.812.232.550.000.00
EarningsYield0.050.060.050.000.00

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of CMS Info Systems Ltd as of November 21, 2024 is: 540.17

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 November 21, 2024, CMS Info Systems Ltd is Undervalued by 11.61% compared to the current share price 484.00

Intrinsic Value of CMS Info Systems Ltd as of November 21, 2024 is: 632.60

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 November 21, 2024, CMS Info Systems Ltd is Undervalued by 30.70% compared to the current share price 484.00

Last 5 Year EPS CAGR: 17.11%

*Investments are subject to market risks

Strength and Weakness

StrengthWeakness
  1. The stock has a high average ROCE of 21.38%, which is a positive sign.
  2. The stock has a low average Cash Conversion Cycle of -302.50, which is a positive sign.
  3. The company has higher reserves (1,000.67 cr) compared to borrowings (20.89 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (270.67 cr) and profit (259.89 cr) over the years.
  1. The stock has a high average Working Capital Days of 49.00, which may not be favorable.

Stock Analysis

  • 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 CMS Info Systems Ltd:
    1. Net Profit Margin: 15.32%
      • 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: 22.93% (Industry Average ROCE: 15.43%)
      • 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%: 17.83% (Industry Average ROE: 13.49%)
      • 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): 22.42
      • 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: 2.7
      • 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: 21 (Industry average Stock P/E: 91.85)
      • 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

CMS Info Systems Ltd. is a Public Limited Listed company incorporated on 26/03/2008 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L45200MH2008PLC180479 and registration number is 180479. Currently Company is involved in the business activities of Other business support service activities. Company’s Total Operating Revenue is Rs. 1407.67 Cr. and Equity Capital is Rs. 153.15 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Services - OthersT-151, 5th Floor, Sector-11, Tower No. 10, New Mumbai Maharashtra 400614investors@cms.com
http://www.cms.com
Management
NamePosition Held
Mrs. Shyamala GopinathChairperson & Non Executive Director
Mr. Rajiv KaulExe.Vice Chairman & Whole Time Director
Mr. Jimmy Lachmandas MahtaniNon Executive Director
Mr. Krzysztof Wieslaw JamrozNon Executive Director
Mr. Tapan RayInd. Non-Executive Director
Mr. Sayali KaranjkarInd. Non-Executive Director

FAQ

What is the latest intrinsic value of CMS Info Systems Ltd?

The latest intrinsic value of CMS Info Systems Ltd as on 21 November 2024 is ₹540.17, which is 11.61% higher than the current market price of ₹484.00.

What is the Market Cap of CMS Info Systems Ltd?

The Market Cap of CMS Info Systems Ltd is 7,859 Cr..

What is the current Stock Price of CMS Info Systems Ltd as on 21 November 2024?

The current stock price of CMS Info Systems Ltd as on 21 November 2024 is ₹484.

What is the High / Low of CMS Info Systems Ltd stocks in FY 2024?

In FY 2024, the High / Low of CMS Info Systems Ltd stocks is 616/355.

What is the Stock P/E of CMS Info Systems Ltd?

The Stock P/E of CMS Info Systems Ltd is 21.0.

What is the Book Value of CMS Info Systems Ltd?

The Book Value of CMS Info Systems Ltd is 124.

What is the Dividend Yield of CMS Info Systems Ltd?

The Dividend Yield of CMS Info Systems Ltd is 1.19 %.

What is the ROCE of CMS Info Systems Ltd?

The ROCE of CMS Info Systems Ltd is 27.5 %.

What is the ROE of CMS Info Systems Ltd?

The ROE of CMS Info Systems Ltd is 20.5 %.

What is the Face Value of CMS Info Systems Ltd?

The Face Value of CMS Info Systems 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 CMS Info Systems 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