KSolves India

₹1101.4 18.7 | 1.7%

WEBSITE BSE:543599 NSE : KSOLVES 10 May, 16:01

Market Cap ₹1306 Cr.

Stock P/E 38.2

P/B 54.8

Current Price ₹1101.4

Book Value ₹ 20.1

Face Value 10

52W High ₹1467.7

Dividend Yield 1.77%

52W Low ₹ 665.1

Edit Ratio

KSolves India Research see more...

Overview Inc. Year: 2014Industry: IT - Software

Ksolves India Ltd gives software improvement, consultancy, and associated services in North America, Europe, and the world over. Its services comprises AI and machine learning, magneto improvement, SaaS application, IOS application development, Node.Js improvement, Ruby on rails improvement, API integration, big data, Android application development, ReactJS improvement, Java, penetration testing, DevOps, Odoo development, serverless architecture, and cross platform; Salesforce expert services; and Apache Cassandra, Kafka, Spark, NiFi, and Hadoop improvement offerings. Ksolves India Ltd established in 2012 and is primarily based in Noida, India.

KSolves India Share Price

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Peer Comparison

KSolves India 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	12	14	17	19	21	23	24	26	28	30
Other Income	0	0	0	0	0	0	0	0	0	0
Total Income	13	14	17	19	21	23	24	26	29	30
Total Expenditure	7	8	9	10	12	13	14	15	16	17
Operating Profit	5	6	7	8	8	10	10	11	12	13
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	5	6	7	8	8	10	10	11	12	13
Provision for Tax	1	2	2	2	2	2	3	3	3	3
Profit After Tax	4	4	5	6	6	7	8	8	9	9
Adjustments	0	0	0	0	-0	0	0	0	-0	0
Profit After Adjustments	4	4	5	6	6	7	8	8	9	9
Adjusted Earnings Per Share	3.4	3.7	4.5	5	5.2	6.2	6.4	6.9	7.5	7.9

KSolves India Profit & Loss

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	10	28	47	78	108
Other Income	0	0	1	1	0
Total Income	10	28	48	79	109
Total Expenditure	9	16	27	45	62
Operating Profit	1	12	21	34	46
Interest	0	0	0	0	0
Depreciation	0	0	0	1	0
Exceptional Income / Expenses	0	0	0	0	0
Profit Before Tax	1	12	21	33	46
Provision for Tax	0	3	5	8	12
Profit After Tax	1	9	16	25	34
Adjustments	0	0	0	0	0
Profit After Adjustments	1	9	16	25	34
Adjusted Earnings Per Share	0	7.5	13.4	20.9	28.7

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	66%	98%	0%	0%
Operating Profit CAGR	62%	224%	0%	0%
PAT CAGR	56%	192%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	61%	104%	NA%	NA%
ROE Average	127%	120%	110%	110%
ROCE Average	169%	159%	141%	141%

KSolves India Balance Sheet

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	1	13	17	22
Minority's Interest	0	0	0	0
Borrowings	0	0	0	0
Other Non-Current Liabilities	-0	0	0	1
Total Current Liabilities	1	4	6	10
Total Liabilities	2	17	23	34
Fixed Assets	1	1	1	1
Other Non-Current Assets	0	0	0	0
Total Current Assets	1	15	22	32
Total Assets	2	17	23	34

KSolves India Cash Flow

#(Fig in Cr.)	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	0	8	7
Cash Flow from Operating Activities	1	5	10	21
Cash Flow from Investing Activities	-1	-0	1	-0
Cash Flow from Financing Activities	-0	3	-12	-19
Net Cash Inflow / Outflow	-0	8	-1	2
Closing Cash & Cash Equivalent	0	8	7	9

KSolves India Ratios

#	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0	7.54	13.41	20.85
CEPS(Rs)	6.72	7.86	13.82	21.31
DPS(Rs)	0	40	5.75	15.5
Book NAV/Share(Rs)	0	11.09	14.07	18.88
Core EBITDA Margin(%)	11.92	43.11	42.87	42.01
EBIT Margin(%)	9.11	42.5	44.52	42.11
Pre Tax Margin(%)	8.94	42.38	44.43	42.06
PAT Margin (%)	6.69	31.68	33.77	31.57
Cash Profit Margin (%)	9.55	33.03	34.81	32.27
ROA(%)	32.49	93.08	78.4	86.72
ROE(%)	77.37	127.47	106.59	126.58
ROCE(%)	86.29	167.8	140.15	168.86
Receivable days	0	47.12	50.02	56.83
Inventory Days	0	0	0	0
Payable days	0	0	0	0
PER(x)	0	11.61	26.45	21.14
Price/Book(x)	0	7.89	25.21	23.35
Dividend Yield(%)	0	5.71	1.62	3.52
EV/Net Sales(x)	0.02	3.39	8.78	6.56
EV/Core EBITDA(x)	0.13	7.74	19.28	15.33
Net Sales Growth(%)	0	178.47	66.82	66.38
EBIT Growth(%)	0	1199.29	74.72	57.39
PAT Growth(%)	0	1217.98	77.82	55.53
EPS Growth(%)	0	60.08	77.82	55.53
Debt/Equity(x)	0.22	0.01	0	0
Current Ratio(x)	0.58	4.33	3.5	3.1
Quick Ratio(x)	0.58	4.33	3.5	3.1
Interest Cover(x)	54.33	347.61	535.89	765.17
Total Debt/Mcap(x)	0	0	0	0

KSolves India Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	62.45	62.45	62.45	58.94	58.94	58.94	58.94	58.94	58.94	58.94
FII	0	0	0	0	0.16	0.16	1.75	1.88	1.75	1.87
DII	0	0.01	0.07	0	0	0	0	0	0	0.08
Public	37.55	37.54	37.48	41.06	40.89	40.89	39.31	39.17	39.3	39.1
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	0.74	0.74	0.74	0.7	0.7	0.7	0.7	0.7	0.7	0.7
FII	0	0	0	0	0	0	0.02	0.02	0.02	0.02
DII	0	0	0	0	0	0	0	0	0	0
Public	0.45	0.45	0.44	0.49	0.48	0.48	0.47	0.46	0.47	0.46
Others	0	0	0	0	0	0	0	0	0	0
Total	1.19	1.19	1.19	1.19	1.19	1.19	1.19	1.19	1.19	1.19

Pros

Company has a good return on equity (ROE) track record: 3 Years ROE 120%
Company is almost debt free.

Cons

Stock is trading at 54.8 times its book value.

* 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.