COSYN

₹42 2 | 5%

WEBSITE BSE:538922 NSE : COSYN 18 May, 12:50

Market Cap ₹31 Cr.

Stock P/E 900.9

P/B 1.2

Current Price ₹42

Book Value ₹ 35.3

Face Value 10

52W High ₹52.7

Dividend Yield 0%

52W Low ₹ 23.7

Edit Ratio

COSYN Research see more...

Overview Inc. Year: 1994Industry: IT - Software

COSYN Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

COSYN Quarterly Results

#(Fig in Cr.)	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Net Sales	3	2	3	5	3	4	3	4	3	5
Other Income	0	3	0	0	0	0	0	0	0	0
Total Income	3	4	3	5	3	4	3	4	3	5
Total Expenditure	3	2	3	5	3	3	4	4	3	4
Operating Profit	0	2	0	0	0	0	-1	1	0	1
Interest	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	-0	2	0	0	0	0	-1	0	0	1
Provision for Tax	0	0	0	0	0	0	0	0	0	0
Profit After Tax	-0	1	0	0	0	-0	-1	0	0	1
Adjustments	0	-0	0	-0	0	0	0	0	0	0
Profit After Adjustments	-0	1	0	0	0	-0	-1	0	0	1
Adjusted Earnings Per Share	-0.5	1.8	0.1	0.2	0	-0	-1.5	0.5	0	1.1

COSYN Profit & Loss

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	22	28	36	44	40	30	20	13	15	15
Other Income	0	0	0	1	0	1	0	3	0	0
Total Income	22	28	36	44	40	31	20	16	15	15
Total Expenditure	19	23	29	33	33	25	18	14	13	15
Operating Profit	3	5	8	11	7	6	3	2	2	1
Interest	0	0	0	2	2	1	0	0	0	0
Depreciation	1	1	1	1	2	3	3	2	1	0
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	1	3	6	8	3	2	-0	-0	0	0
Provision for Tax	-1	-0	0	2	1	0	0	0	0	0
Profit After Tax	2	4	6	6	2	1	-0	-0	0	0
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	2	4	6	7	2	1	-0	-0	0	0
Adjusted Earnings Per Share	2.9	4.7	8.4	8.8	2.6	2	-0.5	-0.2	0.3	0.1

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	15%	-21%	-19%	0%
Operating Profit CAGR	0%	-31%	-29%	0%
PAT CAGR	0%	-100%	-100%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	62%	28%	3%	14%
ROE Average	1%	-0%	2%	13%
ROCE Average	3%	1%	5%	15%

COSYN Balance Sheet

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	12	15	21	27	28	27	27	27	27
Minority's Interest	0	0	1	0	0	0	0	0	0
Borrowings	0	0	0	1	1	0	0	1	0
Other Non-Current Liabilities	1	0	-2	-2	-2	0	0	-0	0
Total Current Liabilities	11	12	12	11	12	14	8	7	7
Total Liabilities	24	28	33	37	41	42	35	34	35
Fixed Assets	3	3	5	5	9	7	5	7	6
Other Non-Current Assets	4	3	3	4	3	4	5	5	6
Total Current Assets	17	21	25	27	29	31	25	22	22
Total Assets	24	28	33	37	41	42	35	34	35

COSYN Cash Flow

#(Fig in Cr.)	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	0	0	0	1	1	2	1	0
Cash Flow from Operating Activities	1	2	6	5	8	5	1	-1	2
Cash Flow from Investing Activities	-1	-1	-5	-6	-4	-2	-2	0	-1
Cash Flow from Financing Activities	0	-1	-1	2	-4	-2	-0	0	-0
Net Cash Inflow / Outflow	0	-0	0	0	1	1	-2	-0	0
Closing Cash & Cash Equivalent	0	0	0	1	1	2	1	0	1

COSYN Ratios

#	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	2.86	4.74	8.36	8.77	2.63	1.96	-0.54	-0.2	0.33
CEPS(Rs)	4.15	5.74	9.46	10.27	5.4	5.96	3.2	2.33	1.63
DPS(Rs)	0	0	1	1	0.5	0	0	0	0
Book NAV/Share(Rs)	15.05	20.22	28.33	35.89	37.85	36.57	36.17	35.97	36.3
Core EBITDA Margin(%)	12.28	16.13	20.21	20.6	13.72	13.9	10.12	-5.01	8.91
EBIT Margin(%)	8.18	14.19	18.31	19.33	9.98	6.88	-0.68	0.35	4.73
Pre Tax Margin(%)	6.63	12.56	17.52	15.92	6.23	5.33	-1.71	-0.41	2.45
PAT Margin (%)	9.7	12.84	17.13	12.65	4.02	3.93	-1.8	-0.99	1.39
Cash Profit Margin (%)	14.11	15.55	19.7	15.3	8.68	12.7	10.24	11.03	6.88
ROA(%)	8.97	13.77	20.38	18.25	4.81	3.34	-1.1	-0.46	0.71
ROE(%)	18.98	26.88	33.88	26.44	6.78	4.96	-1.54	-0.58	0.91
ROCE(%)	13.05	25.04	33.26	36.41	14.71	7.98	-0.56	0.2	3.04
Receivable days	118.32	132.43	152.16	97.98	118.79	194.82	237.87	297.24	239.68
Inventory Days	113.46	80.16	41.63	42.95	37.97	24.66	56.67	73.05	69.2
Payable days	-5363.01	1088.56	784.08	-298.11	154.8	-360.09	1779.88	3739.94	-518.58
PER(x)	3.18	9.34	16.41	8.23	16.47	6.36	0	0	53.81
Price/Book(x)	0.6	2.19	4.84	2.01	1.14	0.34	0.56	0.59	0.49
Dividend Yield(%)	0	0	0.73	1.39	1.15	0	0	0	0
EV/Net Sales(x)	0.38	1.26	2.8	1.17	0.76	0.11	0.46	0.86	0.56
EV/Core EBITDA(x)	3.05	7.47	13.39	4.61	4.38	0.61	3.45	5.89	4.62
Net Sales Growth(%)	0	25.49	29.97	21.35	-9.44	-24.44	-33.44	-32.41	12.08
EBIT Growth(%)	0	117.65	67.7	47.54	-52.14	-47.95	-106.55	135.08	1409.69
PAT Growth(%)	0	66.01	73.43	3.22	-70.55	-26.22	-130.4	62.5	256.25
EPS Growth(%)	0	66.01	76.35	4.85	-70.01	-25.57	-127.43	62.43	263.16
Debt/Equity(x)	0.23	0.16	0.04	0.16	0.13	0.05	0.01	0.02	0.02
Current Ratio(x)	1.5	1.77	2.04	2.6	2.33	2.24	3.28	3.26	3.22
Quick Ratio(x)	0.89	1.31	1.8	1.76	2.27	1.95	2.85	2.81	2.69
Interest Cover(x)	5.28	8.71	23.33	5.67	2.66	4.44	-0.66	0.46	2.07
Total Debt/Mcap(x)	0.37	0.07	0.01	0.08	0.11	0.15	0.02	0.04	0.04

COSYN Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	55.18	55.14	55.14	55.14	55.14	55.14	55.14	55.14	55.14	55.14
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	3.91	0	4.16	0	0	0	0	0
Public	44.82	44.86	40.95	44.86	40.7	44.86	44.86	44.86	44.86	44.86
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.41	0.41	0.41	0.41	0.41	0.41	0.41	0.41	0.41	0.41
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0.03	0	0.03	0	0	0	0	0
Public	0.34	0.34	0.31	0.34	0.31	0.34	0.34	0.34	0.34	0.34
Others	0	0	0	0	0	0	0	0	0	0
Total	0.75	0.75	0.75	0.75	0.75	0.75	0.75	0.75	0.75	0.75

Pros

Debtor days have improved from 3739.94 to -518.58days.
Company has reduced debt.
Company is almost debt free.

Cons

Company has a low return on equity of -0% over the last 3 years.
The company has delivered a poor profit growth of -100% over past five 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.