Cranes Software

₹5.3 0.2 | 3.8%

WEBSITE BSE:512093 NSE : CRANES SOFTW 18 May, 12:50

Market Cap ₹62 Cr.

Stock P/E -6.1

P/B -0.1

Current Price ₹5.3

Book Value ₹ -76.6

Face Value 2

52W High ₹7.1

Dividend Yield 0%

52W Low ₹ 2.4

Edit Ratio

Cranes Software Research see more...

Overview Inc. Year: 1984Industry: IT - Software

Cranes Software Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

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Peer Comparison

Cranes Software Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	2	1	1	1	2	1	2	2	2	1
Other Income	0	0	65	106	1	0	96	0	0	0
Total Income	2	1	66	106	3	2	98	2	2	1
Total Expenditure	17	4	21	5	6	4	48	3	2	3
Operating Profit	-14	-3	45	102	-4	-2	50	-1	-1	-2
Interest	0	0	1	0	0	0	3	1	1	1
Depreciation	0	0	0	0	0	0	0	0	0	0
Exceptional Income / Expenses	0	0	0	0	0	0	-11	0	-14	0
Profit Before Tax	-14	-3	44	102	-3	-2	35	-2	-15	-3
Provision for Tax	-2	-0	49	17	14	172	26	0	0	-0
Profit After Tax	-13	-3	-5	85	-17	-174	9	-2	-15	-3
Adjustments	0	0	0	-0	0	0	0	-0	-0	0
Profit After Adjustments	-13	-3	-5	85	-17	-174	9	-2	-15	-3
Adjusted Earnings Per Share	-1.1	-0.2	-0.4	7.2	-1.4	-14.8	0.8	-0.1	-1.3	-0.2

Cranes Software Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	310	339	368	388	325	171	26	25	59	6	6	7
Other Income	21	10	81	7	23	93	111	11	2	65	202	96
Total Income	331	350	448	395	348	263	136	36	61	71	209	103
Total Expenditure	459	479	370	419	321	335	37	27	81	38	63	56
Operating Profit	-128	-130	78	-24	27	-72	100	8	-21	33	146	46
Interest	93	97	114	93	122	2	1	0	0	1	3	6
Depreciation	54	44	31	32	30	15	13	13	14	1	0	0
Exceptional Income / Expenses	-0	69	-1	-0	0	0	0	0	0	0	-11	-25
Profit Before Tax	-276	-201	-68	-149	-125	-88	85	-5	-35	31	131	15
Provision for Tax	-14	-98	-28	-37	-36	-10	106	30	-15	46	228	26
Profit After Tax	-262	-103	-40	-112	-90	-78	-21	-35	-20	-15	-98	-11
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	-262	-103	-40	-112	-90	-78	-21	-35	-20	-15	-98	-11
Adjusted Earnings Per Share	-22.2	-8.7	-3.4	-9.5	-7.6	-6.6	-1.8	-3	-1.7	-1.3	-8.3	-0.8

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	0%	-38%	-49%	-33%
Operating Profit CAGR	342%	163%	0%	0%
PAT CAGR	0%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	106%	40%	32%	4%
ROE Average	0%	0%	0%	-13%
ROCE Average	0%	1%	6%	-2%

Cranes Software Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	15	-107	-159	-271	-580	-656	-676	-711	-731	-764	-883
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	42	25	15	15	0	0	0	0	0	0	0
Other Non-Current Liabilities	-149	-250	-296	-335	-371	-382	-286	-259	-278	-243	-0
Total Current Liabilities	1222	1289	1387	1508	1537	1217	1136	1112	1119	1065	897
Total Liabilities	1129	958	947	916	586	179	174	142	109	59	13
Fixed Assets	349	358	342	285	255	77	60	50	40	22	1
Other Non-Current Assets	567	278	494	474	234	58	51	51	4	0	0
Total Current Assets	213	322	111	157	97	43	61	40	63	34	13
Total Assets	1129	958	947	916	586	179	174	142	109	59	13

Cranes Software Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	17	10	9	8	13	6	2	2	2	3	2
Cash Flow from Operating Activities	-52	52	-60	-52	-10	-218	-110	-11	4	-65	-5
Cash Flow from Investing Activities	-14	-7	-1	47	-1	233	25	11	-2	0	-0
Cash Flow from Financing Activities	60	-46	60	10	4	-18	84	-0	-0	64	4
Net Cash Inflow / Outflow	-6	-2	-1	5	-8	-3	0	0	1	-1	-1
Closing Cash & Cash Equivalent	10	9	8	13	6	2	2	2	3	2	1

Cranes Software Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	-22.24	-8.74	-3.36	-9.52	-7.62	-6.64	-1.77	-3	-1.67	-1.27	-8.28
CEPS(Rs)	-17.63	-5.02	-0.75	-6.79	-5.04	-5.4	-0.64	-1.89	-0.5	-1.23	-8.27
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	1.27	-9.07	-13.5	-23.01	-49.24	-55.84	-57.57	-60.57	-62.26	-65.03	-75.01
Core EBITDA Margin(%)	-48.17	-41.29	-0.74	-7.94	1.28	-96.75	-43.08	-8.71	-39.04	-553.97	-888.37
EBIT Margin(%)	-58.96	-30.69	12.55	-14.46	-1.11	-50.86	337.38	-19.01	-58.57	546.82	2098.19
Pre Tax Margin(%)	-89	-59.18	-18.36	-38.45	-38.49	-51.75	334.26	-20.31	-59.15	527.97	2047.26
PAT Margin (%)	-84.48	-30.35	-10.77	-28.87	-27.56	-45.9	-81.28	-141.54	-33.53	-256	-1528.04
Cash Profit Margin (%)	-66.99	-17.44	-2.4	-20.6	-18.22	-37.31	-29.59	-88.91	-9.97	-247	-1525.5
ROA(%)	-21.04	-9.87	-4.16	-12.03	-11.95	-20.45	-11.76	-22.39	-15.67	-17.94	-271.11
ROE(%)	-144.85	0	0	0	0	0	0	0	0	0	0
ROCE(%)	-17.33	-12.15	5.88	-7.24	-0.54	-19.45	31.03	-2.34	-19.68	22.87	0
Receivable days	272.42	112.86	59.63	81.77	96.88	124.41	641.18	630.36	273.84	1962.47	472.94
Inventory Days	3.98	2.31	1.61	2.01	3.12	0	0	0	0	0	0.21
Payable days	159.25	88.65	43.52	40.62	28.08	45.86	1958.18	4273.39	1615.27	4338.1	7997.59
PER(x)	0	0	0	0	0	0	0	0	0	0	0
Price/Book(x)	1.73	-0.45	-0.22	-0.09	-0.03	-0.04	-0.03	-0.01	-0.03	-0.05	-0.03
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	2.97	2.77	2.61	2.73	3.52	5.98	35.86	36.09	15.58	156.62	122.98
EV/Core EBITDA(x)	-7.17	-7.25	12.33	-44.3	43	-14.15	9.22	107.34	-44.49	28.18	5.4
Net Sales Growth(%)	14.83	9.44	8.37	5.56	-16.13	-47.62	-85	-2.24	134.37	-90	8.96
EBIT Growth(%)	-273.65	43.04	144.31	-221.64	93.57	-2302.5	199.49	-105.51	-622.2	193.34	318.08
PAT Growth(%)	-335.52	60.68	61.55	-183.01	19.94	12.77	73.44	-70.25	44.48	23.66	-550.37
EPS Growth(%)	-335.62	60.68	61.55	-183.01	19.94	12.77	73.44	-70.24	44.48	23.66	-550.35
Debt/Equity(x)	60.71	-8.43	-5.87	-3.86	-1.96	-1.51	-1.33	-1.26	-1.22	-1.15	-0.86
Current Ratio(x)	0.17	0.25	0.08	0.1	0.06	0.04	0.05	0.04	0.06	0.03	0.01
Quick Ratio(x)	0.17	0.26	0.08	0.1	0.06	0.04	0.06	0.04	0.06	0.03	0.01
Interest Cover(x)	-1.96	-1.08	0.41	-0.6	-0.03	-57.53	108.16	-14.56	-101.51	29.01	41.19
Total Debt/Mcap(x)	35.11	18.56	27.24	41.16	72.57	34.13	43.62	159.02	45.58	24.26	27.17

Cranes Software Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	5.99	5.99	5.99	5.99	5.99	5.99	5.99	5.99	5.99	5.99
FII	0	0	0	0	0	0	0	0	0	0
DII	14.08	14.08	14.08	14.08	14.08	14.08	14.09	14.08	14.08	14.08
Public	79.93	79.93	79.93	79.93	79.93	79.93	79.92	79.93	79.93	79.93
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	0.71	0.71	0.71	0.71	0.71	0.71	0.71	0.71	0.71	0.71
FII	0	0	0	0	0	0	0	0	0	0
DII	1.66	1.66	1.66	1.66	1.66	1.66	1.66	1.66	1.66	1.66
Public	9.41	9.41	9.41	9.41	9.41	9.41	9.41	9.41	9.41	9.41
Others	0	0	0	0	0	0	0	0	0	0
Total	11.78	11.78	11.78	11.78	11.78	11.78	11.78	11.78	11.78	11.78

Pros

Stock is trading at -0.1 times its book value
Company is almost debt free.

Cons

Promoter holding is low: 5.99%.
Company has a low return on equity of 0% over the last 3 years.
Debtor days have increased from 4338.1 to 7997.59days.
Earnings include an other income of Rs. 202 Cr.

* 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.