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

Fundamental Analysis of Quick Heal Technologies Ltd

About the Company - Quick Heal Technologies Ltd

Quick Heal Technologies Ltd. is a Public Limited Listed company incorporated on 07/08/1995 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L72200MH1995PLC091408 and registration number is 091408. Currently Company is involved in the business activities of Research and experimental development on social sciences and humanities. Company’s Total Operating Revenue is Rs. 341.55 Cr. and Equity Capital is Rs. 58.01 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
IT Consulting & SoftwareMarvel Edge, Office No. 7010 C & D, Pune Maharashtra 411014cs@quickheal.co.in
http://www.quickheal.co.in
Management
NamePosition Held
Dr. Kailash Sahebrao KatkarManaging Director & CEO
Dr. Sanjay Sahebrao KatkarJoint Managing Director & CTO
Mr. Shailesh LakhaniNon Executive Director
Mr. Richard StiennonIndependent Director
Ms. Apurva Pradeep JoshiIndependent Director
Mr. Amitabha MukhopadhyayIndependent Director
Air M'shal (Retd.) Bhushan Nilkanth GokhaleIndependent Director

Quick Heal Technologies Ltd. Share Price Update

Share PriceValue
Today₹485.65
Previous Day₹480.10

Basic Stock Data of Quick Heal Technologies Ltd

Market Cap 2,756 Cr.
Current Price 517
High / Low523/125
Stock P/E774
Book Value 74.3
Dividend Yield0.49 %
ROCE0.17 %
ROE0.16 %
Face Value 10.0

Data Source: screener.in

Competitors of Quick Heal Technologies Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
RS Software (India) Ltd 348 Cr. 135136/21.128.7 13.20.00 %24.4 %24.8 % 5.00
Cybertech Systems & Software Ltd 532 Cr. 171215/84.825.3 53.11.16 %20.0 %13.8 % 10.0
Palred Technologies Ltd 214 Cr. 175230/112 48.40.00 %4.41 %0.08 % 10.0
LTIMindtree Ltd 1,63,501 Cr. 5,5216,443/4,13035.5 6101.09 %37.7 %28.6 % 1.00
California Software Company Ltd 30.8 Cr. 20.023.2/11.31,542 7.650.00 %1.61 %1.69 % 10.0
Industry Average225.16 Cr101.218.1146.470.45%17.62%13.79%7.2

Quick Heal Technologies Ltd Quarterly Results

MonthSep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Sales847010555104801046110167495178
Expenses45535250575969607378656767
Operating Profit3916545462035128-11-16-1511
OPM %46%24%51%9%45%26%34%2%28%-17%-33%-29%14%
Other Income66664463531056
Interest0000000000000
Depreciation5554455444433
Profit before tax4018547462036030-12-10-1313
Tax %28%24%27%16%24%27%22%40%25%23%33%4%4%
Net Profit2913406351428022-9-7-1313
EPS in Rs4.492.106.181.075.982.464.840.033.82-1.75-1.25-2.402.43

Quick Heal Technologies Ltd Quarterly Chart

Quick Heal Technologies Ltd Profit & Loss

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales179205243286302300318315286333342278261
Expenses83101157194200210198187195192235276270
Operating Profit96104859210290120128921411072-9
OPM %53%51%35%32%34%30%38%41%32%42%31%1%-3%
Other Income611118102530333124192225
Interest0000000000000
Depreciation241120243127242219171613
Profit before tax991108680888412313710114610983
Tax %31%30%32%33%34%37%33%33%27%27%23%20%
Net Profit6877585458538392741078364
EPS in Rs89.31100.749.568.818.277.5911.7913.0111.5916.6614.341.210.67
Dividend Payout %2%2%78%85%30%33%25%15%35%24%31%207%

Quick Heal Technologies Ltd Profit & Loss Yearly Chart

Quick Heal Technologies Ltd Growth

Compounded Sales Growth
10 Years:3%
5 Years:-3%
3 Years:-1%
TTM:-22%
Compounded Profit Growth
10 Years:-36%
5 Years:-60%
3 Years:-78%
TTM:-91%
Stock Price CAGR
10 Years:%
5 Years:23%
3 Years:54%
1 Year:266%
Return on Equity
10 Years:11%
5 Years:10%
3 Years:10%
Last Year:0%

Quick Heal Technologies Ltd Balance Sheet

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital886161707070716464585353
Reserves203277271270559592653719580687570367343
Borrowings0000000000000
Other Liabilities19294797887257635275887466
Total Liabilities230314380428717734781853697827716493462
Fixed Assets193882111142185173165158146137124122
CWIP242955745514141132000
Investments100139131130115182306390310416318198172
Other Assets87107111113405353287288225263261171167
Total Assets230314380428717734781853697827716493462

Quick Heal Technologies Ltd Reserves and Borrowings Chart

Quick Heal Technologies Ltd Cash Flow

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 496861777836946171998031
Cash from Investing Activity -53-63-59-53-163-73-122-37148-92126185
Cash from Financing Activity 0-1-2-18189-20-19-24-2210-214-212
Net Cash Flow-44-17104-57-471-36-94

Quick Heal Technologies Ltd Financial Efficiency Indicators

MonthMar 2012Mar 2013Mar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days13413810483112118118145144165184161
Inventory Days181144
Days Payable8641,103
Cash Conversion Cycle134138104-600-847118118145144165184161
Working Capital Days10510352-2329497092949810283
ROCE %44%27%24%18%14%18%18%14%21%15%0%

Quick Heal Technologies Ltd Financial Efficiency Indicators Chart

Quick Heal Technologies Ltd Share Holding Pattern

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023
Promoters72.83%72.83%73.02%72.99%72.92%72.86%72.84%72.78%73.08%73.08%73.08%73.06%
FIIs0.03%0.03%0.52%0.97%1.57%1.77%1.74%1.76%2.17%2.04%2.02%1.56%
DIIs0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%1.13%
Public27.13%27.14%26.47%26.04%25.51%25.37%25.42%25.45%24.76%24.89%24.91%24.23%
No. of Shareholders63,88168,13963,17369,62166,99267,49166,76975,04466,02865,11963,44557,528

Quick Heal Technologies Ltd Shareholding Pattern Chart

No. of Quick Heal Technologies Ltd Shareholders

This stock is not held by any mutual fund

Quick Heal Technologies Ltd ROCE Trend

Quick Heal Technologies Ltd EPS Trend

Quick Heal Technologies Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)1.1414.0116.6611.3413.03
Diluted EPS (Rs.)1.1413.9416.6511.3413.02
Cash EPS (Rs.)4.2217.3419.7014.9716.35
Book Value[Excl.RevalReserv]/Share (Rs.)79.09108.19117.04100.32111.92
Book Value[Incl.RevalReserv]/Share (Rs.)79.09108.19117.04100.32111.92
Revenue From Operations / Share (Rs.)52.4058.9451.8744.5744.63
PBDIT / Share (Rs.)4.5221.7325.8019.1622.75
PBIT / Share (Rs.)1.5118.7322.7615.7819.42
PBT / Share (Rs.)1.5118.7322.7615.7819.42
Net Profit / Share (Rs.)1.2114.3416.6611.5913.01
NP After MI And SOA / Share (Rs.)1.2114.3416.6611.5913.01
PBDIT Margin (%)8.6336.8749.7342.9850.98
PBIT Margin (%)2.8831.7843.8735.4043.50
PBT Margin (%)2.8831.7843.8735.4043.50
Net Profit Margin (%)2.3024.3332.1226.0029.15
NP After MI And SOA Margin (%)2.3024.3332.1226.0029.15
Return on Networth / Equity (%)1.5213.2514.2311.5511.62
Return on Capital Employeed (%)1.9017.2519.4115.6717.26
Return On Assets (%)1.2911.6212.9410.6810.76
Asset Turnover Ratio (%)0.460.440.430.360.38
Current Ratio (X)4.506.208.539.5610.69
Quick Ratio (X)4.436.158.499.4310.60
Inventory Turnover Ratio (X)0.230.240.210.140.60
Dividend Payout Ratio (NP) (%)407.9627.850.0051.7623.02
Dividend Payout Ratio (CP) (%)116.6123.030.0040.0818.32
Earning Retention Ratio (%)-307.9672.150.0048.2476.98
Cash Earning Retention Ratio (%)-16.6176.970.0059.9281.68
Enterprise Value (Cr.)695.04966.921113.79441.621457.35
EV / Net Operating Revenue (X)2.502.833.341.544.63
EV / EBITDA (X)28.957.676.723.599.08
MarketCap / Net Operating Revenue (X)2.543.013.601.825.06
Retention Ratios (%)-307.9672.140.0048.2376.97
Price / BV (X)1.681.641.590.802.02
Price / Net Operating Revenue (X)2.543.013.601.825.06
EarningsYield0.010.080.080.140.05

Quick Heal Technologies Ltd Profitability Ratios (%)

Quick Heal Technologies Ltd Liquidity Ratios

Quick Heal Technologies Ltd Liquidity Ratios (%)

Quick Heal Technologies Ltd Interest Coverage Ratios (X)

Quick Heal Technologies Ltd Valuation Ratios

Fair Value / Intrinsic Value of Quick Heal Technologies Ltd

Fair Value: ₹92.46

The stock is overvalued by 82.12% compared to the current price ₹517

*Investments are subject to market risks

Strength and Weakness of Quick Heal Technologies Ltd

StrengthWeakness
  1. The stock has a high average ROCE of 17.75%, which is a positive sign.
  2. The stock has a low average Cash Conversion Cycle of -3.00, which is a positive sign.
  3. The company has higher reserves (468.54 cr) compared to borrowings (0.00 cr), indicating strong financial stability.
  4. The company has shown consistent growth in sales (280.62 cr) and profit (90.31 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 15.64 and average Dividend Yield of 31.49%.
  2. The stock has a high average Working Capital Days of 71.17, which may not be favorable.

Should I Buy Quick Heal Technologies Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Quick Heal Technologies Ltd:
    1. Net Profit Margin: 2.30%
      • 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: 1.90% (Industry Average ROCE: 5.93%)
      • 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. Interest Coverage Ratio (Post Tax): N/A
      • 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.
    4. Quick Ratio: 4.43
      • 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.
    5. ✗ Stock P/E: 774 (Industry average Stock P/E: 109.62)
      • 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.
    6. ✗ 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 suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

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 Quick Heal 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