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21st Cent Mgt

₹118.5 -2.4 | 2%

Market Cap ₹124 Cr.

Stock P/E 3.9

P/B 1.8

Current Price ₹118.5

Book Value ₹ 65.5

Face Value 10

52W High ₹139

Dividend Yield 2.11%

52W Low ₹ 18

21st Cent Mgt Research see more...

Overview Inc. Year: 1986Industry: Finance - Investment

21st Century Management Services Limited was founded in 1986 by Sunder Iyer, J. Chandramouli, and E.Y. Rangoonwala1. The company has been engaged in investments in the Capital Market and Futures & Options segment. It operates without any registration/license required under RBI but is arranging to apply for an NBFC License. Promoters have increased their holding from 64.25% to 64.30% in June 2024 showcasing their commitment to the company’s growth. Company has a history of delivering good profit growth with a CAGR of 42.4% over the last 5 years. However, it also has a low return on equity of 1.40% over the last 3 years and high debtors of 179 days. 21st Century Management Services Limited has reduced debt and is almost debt-free which is a positive sign for potential investors and stakeholders.

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21st Cent Mgt Share Price

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21st Cent Mgt Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

21st Cent Mgt Profit & Loss

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
Net Sales 9 37 3 2 10 8 0 0 0 -14 35
Other Income 0 0 0 0 0 0 0 0 0 0 0
Total Income 9 37 3 2 11 9 0 0 0 -13 35
Total Expenditure 9 2 2 2 2 2 12 4 15 2 2
Operating Profit -0 35 1 -0 8 7 -12 -4 -15 -16 33
Interest 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 1 0 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 -1 0 0 0 0 0 0 0 0 0
Profit Before Tax -0 34 0 -0 8 7 -12 -4 -15 -16 33
Provision for Tax -0 9 0 -0 2 1 0 0 0 0 1
Profit After Tax -0 25 0 -0 6 6 -12 -4 -15 -16 32
Adjustments 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments -0 25 0 -0 6 6 -12 -4 -15 -16 32
Adjusted Earnings Per Share -0.2 18.6 0.3 -0.4 5.4 5.2 -11.3 -3.5 -14.5 -14.8 30.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 0% 34% 15%
Operating Profit CAGR 0% 0% 36% 0%
PAT CAGR 0% 0% 40% 0%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR 546% 26% 53% 18%
ROE Average 88% -4% -8% 3%
ROCE Average 73% -1% -6% 4%

21st Cent Mgt Balance Sheet

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Shareholder's Funds 50 58 59 58 65 66 55 51 30 20 53
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Other Non-Current Liabilities -0 -0 -0 -0 -0 -0 -0 0 -0 -0 0
Total Current Liabilities 0 34 11 13 18 3 2 2 11 20 6
Total Liabilities 50 93 69 71 83 69 56 53 41 40 60
Fixed Assets 0 2 1 1 0 0 0 0 0 0 0
Other Non-Current Assets 36 46 46 60 61 25 14 18 40 39 17
Total Current Assets 14 44 22 10 22 44 42 35 1 1 42
Total Assets 50 93 69 71 83 69 56 53 41 40 60

21st Cent Mgt Cash Flow

#(Fig in Cr.) Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Opening Cash & Cash Equivalents 0 4 4 14 6 0 16 11 1 1 0
Cash Flow from Operating Activities -2 26 -6 -0 9 -15 -8 -6 12 -5 -2
Cash Flow from Investing Activities 8 -46 37 -13 -26 35 4 -4 -22 1 14
Cash Flow from Financing Activities -2 20 -20 5 12 -4 0 0 9 4 -9
Net Cash Inflow / Outflow 4 -0 10 -9 -5 15 -5 -10 -1 -0 3
Closing Cash & Cash Equivalent 4 4 14 6 0 16 11 1 1 0 4

21st Cent Mgt Ratios

# Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Earnings Per Share (Rs) -0.24 18.61 0.27 -0.37 5.41 5.25 -11.29 -3.48 -14.49 -14.84 30.7
CEPS(Rs) -0.14 23.83 0.88 -0.01 5.82 5.38 -11.2 -3.42 -14.44 -14.8 30.73
DPS(Rs) 0 2 0 0 2.5 0 0 0 0 0 2.5
Book NAV/Share(Rs) 40.3 55.55 55.83 55.52 62.31 63.04 52.02 48.69 28.45 18.87 50.84
Core EBITDA Margin(%) -3.65 93.27 34.87 -23.66 78.46 81.84 0 0 0 114.89 94.29
EBIT Margin(%) -2.97 92.23 13.78 -25.27 77.27 81.85 0 0 0 114.16 94.45
Pre Tax Margin(%) -2.97 92.23 13.78 -25.27 77.27 81.85 0 0 0 114.16 94.45
PAT Margin (%) -2.88 67.7 10.06 -22.29 54.92 65.32 0 0 0 114.39 92.3
Cash Profit Margin (%) -1.65 68.03 32.64 -0.69 59.06 67.02 0 0 0 114.06 92.42
ROA(%) -0.51 34.9 0.35 -0.56 7.39 7.25 -18.92 -6.68 -32.43 -38.76 64.91
ROE(%) -0.61 49.51 0.49 -0.67 9.19 8.37 -19.63 -6.92 -37.57 -62.72 88.08
ROCE(%) -0.53 52.99 0.57 -0.75 12.81 10.4 -19.58 -6.9 -33.43 -43.1 73.01
Receivable days 69.56 0 102.71 167.22 0 7.63 0 0 0 0 179.37
Inventory Days 0 0 0 0 0 0 0 0 0 0 0
Payable days 0 0 0 0 0 0 0 0 0 0 0
PER(x) 0 2.23 100.93 0 6.21 3.58 0 0 0 0 1.4
Price/Book(x) 0.1 0.75 0.49 0.33 0.54 0.3 0.24 0.3 1.07 1.12 0.85
Dividend Yield(%) 0 4.82 0 0 7.44 0 0 0 0 0 5.82
EV/Net Sales(x) 0.87 1.62 5.11 7.64 3.47 0.47 0 0 0 -2.56 1.3
EV/Core EBITDA(x) -50.18 1.72 14.07 -208.22 4.26 0.56 -0.18 -4 -2.7 -2.25 1.37
Net Sales Growth(%) -29.52 313.16 -92.27 -38.58 492.68 -18.53 -100 0 0 0 -356.35
EBIT Growth(%) 56.44 0 -98.85 -212.66 1912.03 -13.69 -271.4 69.15 -314.34 -2.83 312.09
PAT Growth(%) 88.56 9805.65 -98.85 -236.07 1559.9 -3.09 -315.29 69.16 -316.06 -2.4 306.86
EPS Growth(%) -3.73 7701.92 -98.54 -236.09 1559.76 -3.1 -315.29 69.16 -316.06 -2.4 306.86
Debt/Equity(x) 0 0.34 0 0 0.02 0 0 0 0.32 0.66 0.08
Current Ratio(x) 31.23 1.3 2 0.76 1.22 14.6 21.69 19.34 0.06 0.03 6.77
Quick Ratio(x) 31.23 1.3 2 0.76 1.22 14.6 21.69 19.34 0.06 0.03 6.77
Interest Cover(x) 0 0 0 0 0 0 0 0 0 0 0
Total Debt/Mcap(x) 0.01 0.46 0 0 0.03 0 0 0 0.3 0.58 0.09

21st Cent Mgt Shareholding Pattern

# Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Promoter 61.29 61.29 61.29 61.69 62.77 62.77 64.25 64.25 64.3 64.09
FII 0 0 0 0 0 0 0 0 0 0
DII 0.5 1.88 0.5 0.5 0 0 0 0 0 0
Public 38.22 36.83 38.22 37.82 37.23 37.23 35.75 35.75 35.7 35.91
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Pros

  • Company has delivered good profit growth of 39% CAGR over last 5 years
  • Company is almost debt free.

Cons

  • Company has a low return on equity of -4% over the last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

21st Cent Mgt News

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