WEBSITE BSE:544190 NSE: 3CIT Inc. Year: 2015 Industry: Retailing My Bucket: Add Stock
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1. Business Overview
3C IT Solutions & Telecom (India) Ltd. is engaged in the retailing sector, specifically focusing on Information Technology (IT) solutions and Telecom products. Its core business model likely involves the sale of consumer electronics, IT peripherals, computers, mobile phones, telecommunication devices, and potentially related services such as repair, installation, or software solutions. The company makes money through the direct sale of these products and services to end-consumers or small businesses.
2. Key Segments / Revenue Mix
Specific segment details and their revenue contributions are not publicly available from the provided information. However, based on the company name, potential segments could include:
IT Solutions Retail: Sales of computers, laptops, printers, networking equipment, software, and accessories.
Telecom Products Retail: Sales of mobile phones, tablets, smart devices, and possibly telecom service subscriptions (as a reseller).
Services: Installation, repair, maintenance, or technical support for IT and telecom products.
3. Industry & Positioning
The Indian retail industry, especially in consumer electronics and telecom, is highly competitive and fragmented. It includes large national multi-brand retailers (e.g., Reliance Digital, Croma), online e-commerce giants (e.g., Amazon, Flipkart), brand-exclusive stores, and a vast network of smaller independent retailers and regional players. 3C IT Solutions & Telecom (India) Ltd. likely operates as a regional or local player, competing primarily on factors such as local presence, customer service, pricing, and product availability within its operational area. Its positioning would be against both organized retail chains and numerous unorganized local shops.
4. Competitive Advantage (Moat)
Based on the available information and its industry context as a small-cap retailer, 3C IT Solutions & Telecom (India) Ltd. is unlikely to possess a significant, durable competitive advantage or "moat" that allows it to consistently outperform competitors over the long term. It probably lacks the scale advantage of large national chains, the brand power of global manufacturers, or the network effects of e-commerce platforms. Any potential minor advantages might stem from strong local customer relationships, specialized product knowledge, or efficient last-mile service in its specific operational geography, but these are generally easily replicable.
5. Growth Drivers
Key factors that could drive growth for the company over the next 3-5 years include:
Growing Indian Middle Class: Increasing disposable incomes lead to higher spending on consumer electronics and telecom devices.
Digitalization Trend: Continued adoption of technology across urban and semi-urban areas drives demand for IT products and connectivity.
Smartphone & Internet Penetration: Ongoing growth in smartphone sales and internet usage fuels demand for devices and related accessories.
Product Upgrades & Innovation: Regular cycles of new product launches (laptops, phones, smart gadgets) encourage consumers to upgrade.
Expansion into Tier 2/3 Cities: Untapped or under-served markets in smaller cities can offer growth opportunities for focused retailers.
6. Risks
Intense Competition: Fierce competition from organized retail, e-commerce, and other independent stores puts pressure on margins and market share.
Pricing Pressure: Rapid technological advancements and online competition often lead to falling product prices, impacting profitability.
Supply Chain & Inventory Management: Risks associated with sourcing, managing inventory obsolescence due to fast-changing technology, and logistical challenges.
Economic Slowdown: Consumer discretionary spending on electronics is sensitive to economic downturns.
Technological Disruption: Rapid shifts in technology or consumer preferences can quickly render existing product lines less appealing.
Dependence on Brands: Reliance on popular brands for product supply and potential impact of brand-specific policies or direct sales channels.
7. Management & Ownership
Specific details regarding the individual management team members are not available. The company is an Indian entity, implying it is likely promoter-driven, common for many smaller and mid-sized companies in India. The quality of management would depend on their experience in the retail sector, strategic vision, and operational execution capabilities in a competitive market. Ownership structure details are not provided.
8. Outlook
3C IT Solutions & Telecom (India) Ltd. operates in a growing market driven by increasing digitalization and consumer spending in India. This presents a tailwind for demand in IT and telecom products. However, the company faces significant challenges from intense competition across various retail formats, including large national chains and dominant e-commerce players. Its ability to thrive will likely depend on its strategic focus (e.g., niche products, exceptional customer service, competitive pricing, or regional expansion) and efficient operational management to navigate the highly dynamic and price-sensitive retail landscape. Without a clear competitive differentiation or significant scale, growth and profitability may remain under pressure from larger, more established players.
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Market Cap ₹10 Cr.
Stock P/E -174.8
P/B 0.8
Current Price ₹16.6
Book Value ₹ 21.1
Face Value 5
52W High ₹28.9
Dividend Yield 0%
52W Low ₹ 0
Price goes above X
Price falls below X
PE goes above X
PE falls below X
₹ | |
| #(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 |
| #(Fig in Cr.) | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|---|---|---|---|---|---|
| Net Sales | 41 | 67 | 62 | 30 | 37 | |
| Other Income | 0 | 0 | 1 | 0 | 0 | |
| Total Income | 41 | 67 | 63 | 30 | 37 | |
| Total Expenditure | 39 | 64 | 59 | 28 | 36 | |
| Operating Profit | 2 | 3 | 4 | 3 | 1 | |
| Interest | 1 | 1 | 2 | 1 | 1 | |
| Depreciation | 0 | 0 | 0 | 1 | 1 | |
| Exceptional Income / Expenses | 0 | 0 | 0 | 0 | 0 | |
| Profit Before Tax | 1 | 2 | 2 | 0 | 0 | |
| Provision for Tax | 0 | 0 | 0 | 0 | 0 | |
| Profit After Tax | 1 | 1 | 1 | 0 | -0 | |
| Adjustments | 0 | 0 | 0 | 0 | 0 | |
| Profit After Adjustments | 1 | 1 | 1 | 0 | -0 | |
| Adjusted Earnings Per Share | 71.6 | 92.4 | 2.6 | 0.3 | -0.1 |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Sales CAGR | 23% | -18% | 0% | 0% |
| Operating Profit CAGR | -67% | -31% | 0% | 0% |
| PAT CAGR | 0% | -100% | 0% | 0% |
| # | 1 Year | 3 Year | 5 Year | 10 Year |
|---|---|---|---|---|
| Share Price CAGR | -38% | NA% | NA% | NA% |
| ROE Average | -1% | 12% | 30% | 30% |
| ROCE Average | 6% | 15% | 21% | 21% |
| #(Fig in Cr.) | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Shareholder's Funds | 2 | 3 | 4 | 4 | 13 |
| Minority's Interest | 0 | 0 | 0 | 0 | 0 |
| Borrowings | 4 | 10 | 11 | 2 | 0 |
| Other Non-Current Liabilities | -0 | -0 | -0 | -0 | 0 |
| Total Current Liabilities | 13 | 22 | 14 | 10 | 2 |
| Total Liabilities | 18 | 35 | 29 | 16 | 16 |
| Fixed Assets | 0 | 0 | 0 | 1 | 1 |
| Other Non-Current Assets | 0 | 0 | 0 | 0 | 0 |
| Total Current Assets | 18 | 34 | 28 | 15 | 14 |
| Total Assets | 18 | 35 | 29 | 16 | 16 |
| #(Fig in Cr.) | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Opening Cash & Cash Equivalents | 1 | 2 | 1 | 0 | 1 |
| Cash Flow from Operating Activities | 1 | -6 | -2 | 12 | -3 |
| Cash Flow from Investing Activities | -0 | 0 | 0 | -1 | -0 |
| Cash Flow from Financing Activities | 0 | 5 | 1 | -10 | 3 |
| Net Cash Inflow / Outflow | 1 | -1 | -1 | 0 | 0 |
| Closing Cash & Cash Equivalent | 2 | 1 | 0 | 1 | 1 |
| # | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|---|---|---|---|---|
| Earnings Per Share (Rs) | 71.61 | 92.42 | 2.63 | 0.29 | -0.09 |
| CEPS(Rs) | 88.08 | 107.7 | 3.3 | 2.42 | 0.75 |
| DPS(Rs) | 0 | 0 | 0 | 0 | 0 |
| Book NAV/Share(Rs) | 124.79 | 217.21 | 9.48 | 9.77 | 21.11 |
| Core EBITDA Margin(%) | 4.98 | 4.2 | 5.16 | 7.44 | 2.44 |
| EBIT Margin(%) | 4.5 | 4.05 | 6.31 | 5.62 | 1.86 |
| Pre Tax Margin(%) | 2.8 | 2.3 | 2.56 | 0.79 | 0.33 |
| PAT Margin (%) | 2.11 | 1.66 | 1.83 | 0.42 | -0.16 |
| Cash Profit Margin (%) | 2.6 | 1.93 | 2.3 | 3.5 | 1.24 |
| ROA(%) | 4.69 | 4.19 | 3.58 | 0.56 | -0.36 |
| ROE(%) | 57.38 | 54.04 | 33.9 | 3 | -0.67 |
| ROCE(%) | 33.09 | 29.23 | 25.61 | 12.46 | 5.97 |
| Receivable days | 58.4 | 57.55 | 73.1 | 105.95 | 81.97 |
| Inventory Days | 73.65 | 66.73 | 94.51 | 133.79 | 48.8 |
| Payable days | 104.84 | 88.83 | 92.08 | 106.14 | 39.96 |
| PER(x) | 0 | 0 | 0 | 0 | 0 |
| Price/Book(x) | 0 | 0 | 0 | 0 | 0.95 |
| Dividend Yield(%) | 0 | 0 | 0 | 0 | 0 |
| EV/Net Sales(x) | 0.05 | 0.14 | 0.22 | 0.22 | 0.33 |
| EV/Core EBITDA(x) | 1.1 | 3.26 | 3.21 | 2.56 | 10.02 |
| Net Sales Growth(%) | 0 | 64.54 | -7.36 | -51.82 | 22.35 |
| EBIT Growth(%) | 0 | 48.1 | 44.16 | -57.07 | -59.6 |
| PAT Growth(%) | 0 | 29.06 | 2.45 | -89.03 | -145.73 |
| EPS Growth(%) | 0 | 29.06 | -97.15 | -89.03 | -132.83 |
| Debt/Equity(x) | 2.66 | 3.99 | 3.27 | 1.23 | 0.04 |
| Current Ratio(x) | 1.35 | 1.55 | 2 | 1.54 | 6.01 |
| Quick Ratio(x) | 0.73 | 0.82 | 0.89 | 0.9 | 4.46 |
| Interest Cover(x) | 2.64 | 2.31 | 1.68 | 1.16 | 1.22 |
| Total Debt/Mcap(x) | 0 | 0 | 0 | 0 | 0.05 |
| # | Jun 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Promoter | 51.67 | 51.67 | 51.67 | 51.67 | 51.67 |
| FII | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 |
| Public | 48.33 | 48.33 | 48.33 | 48.33 | 48.33 |
| Others | 0 | 0 | 0 | 0 | 0 |
| Total | 100 | 100 | 100 | 100 | 100 |
| # | Jun 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|
| Promoter | 0.31 | 0.31 | 0.31 | 0.31 | 0.31 |
| FII | 0 | 0 | 0 | 0 | 0 |
| DII | 0 | 0 | 0 | 0 | 0 |
| Public | 0.29 | 0.29 | 0.29 | 0.29 | 0.29 |
| Others | 0 | 0 | 0 | 0 | 0 |
| Total | 0.6 | 0.6 | 0.6 | 0.6 | 0.6 |
* The pros and cons are machine generated.
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