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Last Updated on: 22 February, 2024|Author: Getaka | Social: X Twitter Profile

Fundamental Analysis of Goldstone Technologies Ltd

About the Company - Goldstone Technologies Ltd

Goldstone Technologies Ltd. is a Public Limited Listed company incorporated on 18/03/1994 and has its registered office in the State of Andhra Pradesh, India. Company’s Corporate Identification Number(CIN) is L72200TG1994PLC017211 and registration number is 017211. Currently Company is involved in the business activities of Software installation. Company’s Total Operating Revenue is Rs. 54.91 Cr. and Equity Capital is Rs. 34.58 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
IT Consulting & SoftwareMy Home Hub, Block-I, 9 Floor, Hyderabad Telangana 500081corporate@goldstonetech.com
http://www.goldstonetech.com
Management
NamePosition Held
Mr. Pavan ChavaliManaging Director
Mr. Seetepalli Venkat RaghunandDirector
Mr. K S SarmaDirector
Mr. Clinton Travis CaddellDirector
Mr. L P SashikumarDirector
Mrs. Deepa ChandraDirector
Mr. Deepankar TiwariDirector
Mr. Bernd Michael PerschkeDirector

Goldstone Technologies Ltd. Share Price Update

Share PriceValue
Today₹151.80
Previous Day₹154.85

Basic Stock Data of Goldstone Technologies Ltd

Market Cap 543 Cr.
Current Price 157
High / Low174/45.0
Stock P/E
Book Value 19.8
Dividend Yield0.00 %
ROCE2.89 %
ROE0.67 %
Face Value 10.0

Data Source: screener.in

Goldstone Technologies Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales13.0213.2414.6112.3315.5116.7516.3313.3225.8027.4526.3918.8124.97
Expenses12.8012.5815.6712.6614.9816.9917.6413.2424.7626.4926.6018.6824.81
Operating Profit0.220.66-1.06-0.330.53-0.24-1.310.081.040.96-0.210.130.16
OPM %1.69%4.98%-7.26%-2.68%3.42%-1.43%-8.02%0.60%4.03%3.50%-0.80%0.69%0.64%
Other Income0.000.010.270.002.020.350.360.230.260.340.290.230.25
Interest0.030.040.060.030.020.040.060.070.090.120.260.210.23
Depreciation0.080.090.090.090.090.090.110.110.130.140.450.340.34
Profit before tax0.110.54-0.94-0.452.44-0.02-1.120.131.081.04-0.63-0.19-0.16
Tax %36.36%53.70%-9.57%-4.44%25.82%-100.00%28.57%23.08%50.00%50.00%-14.29%-68.42%-25.00%
Net Profit0.070.26-1.03-0.471.82-0.04-0.800.110.550.51-0.72-0.32-0.20
EPS in Rs0.040.14-0.55-0.250.97-0.01-0.230.030.160.15-0.21-0.09-0.06

Goldstone Technologies Ltd Quarterly Chart

Goldstone Technologies Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales67.7673.5773.6569.7251.9837.1735.6141.5542.7650.0160.9292.9697.62
Expenses61.5363.9867.0164.2552.3638.4435.0240.9842.0849.9562.2791.1096.58
Operating Profit6.239.596.645.47-0.38-1.270.590.570.680.06-1.351.861.04
OPM %9.19%13.04%9.02%7.85%-0.73%-3.42%1.66%1.37%1.59%0.12%-2.22%2.00%1.07%
Other Income0.660.261.790.970.250.370.280.250.050.402.741.141.11
Interest1.560.990.500.110.250.080.320.310.330.240.150.550.82
Depreciation1.971.734.774.774.600.400.380.370.330.330.380.821.27
Profit before tax3.367.133.161.56-4.98-1.380.170.140.07-0.110.861.630.06
Tax %17.56%35.90%37.97%275.00%76.10%92.03%-788.24%728.57%285.71%-427.27%41.86%72.39%
Net Profit2.774.581.96-2.73-1.20-0.111.52-0.88-0.13-0.570.510.46-0.73
EPS in Rs1.472.441.04-1.45-0.64-0.060.81-0.47-0.07-0.300.150.13-0.21
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%

Goldstone Technologies Ltd Profit & Loss Yearly Chart

Goldstone Technologies Ltd Growth

Compounded Sales Growth
10 Years:2%
5 Years:21%
3 Years:30%
TTM:16%
Compounded Profit Growth
10 Years:-21%
5 Years:-21%
3 Years:77%
TTM:-684%
Stock Price CAGR
10 Years:44%
5 Years:63%
3 Years:118%
1 Year:192%
Return on Equity
10 Years:0%
5 Years:0%
3 Years:0%
Last Year:1%

Goldstone Technologies Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital18.7818.7818.7818.7818.7818.7818.7818.7818.7818.7834.5834.5834.58
Reserves48.4853.0655.0249.9748.7722.6424.3824.7325.8825.1232.9334.5233.95
Borrowings5.236.2513.5012.7811.761.412.092.144.100.133.7310.5413.24
Other Liabilities26.2130.2910.9516.2211.4618.2010.7711.5713.9212.6316.7117.6813.11
Total Liabilities98.70108.3898.2597.7590.7761.0356.0257.2262.6856.6687.9597.3294.88
Fixed Assets33.3832.2940.7334.0629.6519.6119.3019.6019.3419.2319.2625.6027.74
CWIP13.2713.2713.2713.2713.270.000.000.000.000.000.000.000.00
Investments0.000.000.000.000.000.000.000.000.000.000.006.786.78
Other Assets52.0562.8244.2550.4247.8541.4236.7237.6243.3437.4368.6964.9460.36
Total Assets98.70108.3898.2597.7590.7761.0356.0257.2262.6856.6687.9597.3294.88

Goldstone Technologies Ltd Reserves and Borrowings Chart

Goldstone Technologies Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity -7.480.0014.849.932.28-3.62-9.13-0.37-2.972.437.66-10.61
Cash from Investing Activity 2.040.00-10.86-0.110.030.16-0.03-0.430.050.18-34.964.35
Cash from Financing Activity 8.090.00-7.46-3.65-2.271.230.35-0.181.47-4.1826.176.26
Net Cash Flow2.650.00-3.486.160.04-2.23-8.81-0.98-1.45-1.56-1.140.01

Goldstone Technologies Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days109.6288.3159.2756.8041.3660.9880.8777.39100.3074.1578.0792.98
Inventory Days0.000.00
Days Payable
Cash Conversion Cycle109.6288.3159.2756.8041.3660.9880.8777.39100.3074.1578.0792.98
Working Capital Days62.6532.2544.1119.378.78192.27231.65217.24253.86195.24137.32135.66
ROCE %6.68%10.78%4.44%2.14%-5.87%-2.13%1.11%0.99%0.85%0.28%1.75%2.89%

Goldstone Technologies Ltd Financial Efficiency Indicators Chart

Goldstone Technologies Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters18.82%18.82%18.82%18.82%53.89%53.89%53.89%53.88%53.88%53.88%53.88%53.88%
FIIs0.00%0.00%0.00%0.00%0.00%0.10%0.00%0.00%0.00%0.00%0.00%0.01%
DIIs0.02%0.02%0.02%0.02%0.01%0.01%0.01%0.01%0.01%0.01%0.01%0.01%
Public81.17%81.17%81.17%81.17%46.11%46.01%46.11%46.11%46.10%46.10%46.11%46.10%
No. of Shareholders10,40911,05111,99012,31717,00616,98917,27417,37617,04516,86616,10514,472

Goldstone Technologies Ltd Shareholding Pattern Chart

No. of Goldstone Technologies Ltd Shareholders

This stock is not held by any mutual fund

Goldstone Technologies Ltd ROCE Trend

Goldstone Technologies Ltd EPS Trend

Goldstone Technologies Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)0.130.19-0.31-0.07-0.47
Diluted EPS (Rs.)0.130.19-0.31-0.07-0.47
Cash EPS (Rs.)0.360.25-0.120.10-0.26
Book Value[Excl.RevalReserv]/Share (Rs.)19.9819.5223.3723.7823.17
Book Value[Incl.RevalReserv]/Share (Rs.)19.9819.5223.3723.7823.17
Revenue From Operations / Share (Rs.)26.8817.6226.6322.7722.12
PBDIT / Share (Rs.)0.860.400.240.390.43
PBIT / Share (Rs.)0.620.290.060.210.24
PBT / Share (Rs.)0.470.24-0.050.030.07
Net Profit / Share (Rs.)0.130.14-0.30-0.06-0.46
NP After MI And SOA / Share (Rs.)0.130.14-0.30-0.06-0.46
PBDIT Margin (%)3.222.280.911.711.98
PBIT Margin (%)2.341.660.240.941.09
PBT Margin (%)1.751.41-0.220.160.34
Net Profit Margin (%)0.490.83-1.14-0.29-2.11
NP After MI And SOA Margin (%)0.490.83-1.14-0.29-2.11
Return on Networth / Equity (%)0.650.75-1.30-0.28-2.01
Return on Capital Employeed (%)2.801.400.250.800.92
Return On Assets (%)0.460.57-1.01-0.20-1.53
Long Term Debt / Equity (X)0.000.000.000.000.01
Total Debt / Equity (X)0.080.050.000.080.04
Asset Turnover Ratio (%)1.000.840.800.680.70
Current Ratio (X)3.234.254.773.324.37
Quick Ratio (X)3.234.254.773.324.37
Interest Coverage Ratio (X)5.499.161.942.222.65
Interest Coverage Ratio (Post Tax) (X)1.844.34-1.430.61-1.83
Enterprise Value (Cr.)147.59240.2414.3213.9321.13
EV / Net Operating Revenue (X)1.593.940.280.320.50
EV / EBITDA (X)49.26172.5931.1918.9725.67
MarketCap / Net Operating Revenue (X)1.704.420.320.310.58
Price / BV (X)2.293.990.370.300.55
Price / Net Operating Revenue (X)1.704.420.320.310.58
EarningsYield0.000.00-0.03-0.01-0.03

Goldstone Technologies Ltd Profitability Ratios (%)

Goldstone Technologies Ltd Liquidity Ratios

Goldstone Technologies Ltd Liquidity Ratios (%)

Goldstone Technologies Ltd Interest Coverage Ratios (%)

Goldstone Technologies Ltd Valuation Ratios

Fair Value of Goldstone Technologies Ltd Stock

Fair Value: ₹2.03

The stock is overvalued by 98.71% compared to the current price ₹157

*Investments are subject to market risks

Strength and Weakness of Goldstone Technologies Ltd Stock

StrengthWeakness
  1. The company has higher reserves (36.88 cr) compared to borrowings (6.68 cr), indicating strong financial stability.
  2. The company has shown consistent growth in sales (61.18 cr) and profit (0.90 cr) over the years.
  1. The stock has a low average ROCE of 1.99%, which may not be favorable.
  2. The stock has a high average Working Capital Days of 127.53, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 76.68, which may not be favorable.

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 Goldstone 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