SoftTech Engineers

₹344.8 4.9 | 1.4%

WEBSITE BSE:543470 NSE : SOFTTECH 18 May, 12:40

Market Cap ₹442 Cr.

Stock P/E 141.7

P/B 3.5

Current Price ₹344.8

Book Value ₹ 98.5

Face Value 10

52W High ₹371.7

Dividend Yield 0%

52W Low ₹ 130

Edit Ratio

SoftTech Engineers Research see more...

Overview Inc. Year: 1996Industry: IT - Software

SoftTech Engineers Ltd develops software merchandise and solutions for the architecture, engineering, and construction sectors in India. The employer offers AutoDCR, a web constructing plan scrutiny and approval gadget for construction permits; and Public Works Information Management System, an internet-based commercial-off-the-shelf software for managing the functional techniques, inclusive of budgets, value estimations, monetary and technical approval, e-tendering, settlement management, challenge tracking, and contractor billing. It also provides OPTICON, that is an enterprise aid making plans software program normally for construction firms; BIMDCR, a 3-d constructing version based on line single window device that facilitates automated scrutiny of constructing proposals; and RuleBuddy, an e-commerce portal to provide funding risk evaluation and venture feasibility services. The agency serves belongings builders, municipal corporations, traders, real property businesses, contractors, architects, and experts. SoftTech Engineers Ltd was established in 1996 and is situated in Pune, India.

SoftTech Engineers Share Price

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Peer Comparison

SoftTech Engineers 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	15	14	17	12	17	18	18	19	19	18
Other Income	1	0	1	0	0	0	0	1	0	1
Total Income	16	15	17	13	17	18	19	19	20	19
Total Expenditure	12	11	12	8	12	12	13	14	13	14
Operating Profit	5	4	5	4	5	6	5	5	6	6
Interest	1	1	1	1	1	1	1	1	1	1
Depreciation	2	2	2	3	3	3	3	3	3	3
Exceptional Income / Expenses	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	2	2	2	1	2	2	1	1	2	1
Provision for Tax	1	0	1	0	1	1	1	0	1	1
Profit After Tax	1	1	1	1	1	1	0	1	1	1
Adjustments	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	1	1	2	1	2	1	0	1	1	1
Adjusted Earnings Per Share	1.5	1.2	1.6	0.7	1.5	1.4	0.3	0.5	1	0.6

SoftTech Engineers Profit & Loss

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	63	58	42	57	65	74
Other Income	1	1	1	2	1	2
Total Income	64	59	43	59	67	77
Total Expenditure	47	44	30	42	46	54
Operating Profit	16	15	12	17	21	22
Interest	2	2	3	3	4	4
Depreciation	4	4	6	8	10	12
Exceptional Income / Expenses	0	0	0	0	0	0
Profit Before Tax	11	10	4	7	6	5
Provision for Tax	3	3	2	2	3	3
Profit After Tax	7	6	3	5	4	3
Adjustments	0	-0	0	0	0	0
Profit After Adjustments	7	6	3	5	4	3
Adjusted Earnings Per Share	7.9	6.9	2.9	4.7	3.9	2.4

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	14%	4%	0%	0%
Operating Profit CAGR	24%	12%	0%	0%
PAT CAGR	-20%	-13%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	128%	55%	46%	NA%
ROE Average	4%	5%	7%	7%
ROCE Average	8%	8%	11%	11%

SoftTech Engineers Balance Sheet

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	61	67	70	85	104
Minority's Interest	0	0	-0	-0	-1
Borrowings	6	17	20	16	9
Other Non-Current Liabilities	-1	-0	4	2	7
Total Current Liabilities	18	23	26	29	43
Total Liabilities	84	106	119	133	162
Fixed Assets	9	11	25	32	43
Other Non-Current Assets	15	19	17	19	25
Total Current Assets	60	76	78	81	94
Total Assets	84	106	119	133	162

SoftTech Engineers Cash Flow

#(Fig in Cr.)	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	1	1	0	0	1
Cash Flow from Operating Activities	4	-6	5	12	7
Cash Flow from Investing Activities	-19	-5	-7	-16	-25
Cash Flow from Financing Activities	15	10	1	5	18
Net Cash Inflow / Outflow	0	-1	0	0	0
Closing Cash & Cash Equivalent	1	0	0	1	1

SoftTech Engineers Ratios

#	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	7.88	6.89	2.91	4.71	3.94
CEPS(Rs)	12.17	10.84	8.54	12.11	13.86
DPS(Rs)	0.5	0	0	0	0
Book NAV/Share(Rs)	64.32	70.61	73.6	83.41	95.92
Core EBITDA Margin(%)	24.92	24.58	26.88	26.82	29.84
EBIT Margin(%)	19.73	19.83	16.11	16.76	16.03
Pre Tax Margin(%)	16.82	16.64	9.87	11.51	9.82
PAT Margin (%)	11.83	11.21	6.21	8.09	5.53
Cash Profit Margin (%)	18.27	17.62	19.44	21.4	21.52
ROA(%)	8.85	6.84	2.29	3.69	2.46
ROE(%)	12.25	10.21	3.79	6.02	3.97
ROCE(%)	16.17	13.4	6.81	8.82	8.06
Receivable days	109.48	172.62	304.45	198.35	154.11
Inventory Days	0	0	0	0	0
Payable days	130.43	227.67	552.69	519.84	310.81
PER(x)	6.95	5.56	35.64	21.45	36.7
Price/Book(x)	0.85	0.54	1.41	1.21	1.51
Dividend Yield(%)	0.91	0	0	0	0
EV/Net Sales(x)	1.05	1.1	3.12	2.33	2.84
EV/Core EBITDA(x)	4.02	4.21	10.63	7.74	8.87
Net Sales Growth(%)	0	-7.66	-28.26	38.2	13.83
EBIT Growth(%)	0	-7.21	-41.72	43.82	8.87
PAT Growth(%)	0	-12.55	-60.25	80.19	-22.26
EPS Growth(%)	0	-12.59	-57.82	62.24	-16.5
Debt/Equity(x)	0.26	0.42	0.46	0.38	0.41
Current Ratio(x)	3.34	3.33	2.96	2.78	2.2
Quick Ratio(x)	3.34	3.33	2.96	2.78	2.2
Interest Cover(x)	6.78	6.22	2.58	3.19	2.58
Total Debt/Mcap(x)	0.31	0.78	0.33	0.31	0.27

SoftTech Engineers Shareholding Pattern

#	Sep 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	43.3	40.45	40.45	40.45	40.45	40.45	40.45	40.45	32.04	32.04
FII	0.19	0.09	0.09	0.09	0.09	0.09	0.09	0.09	0.08	0.08
DII	0.94	0.87	0.2	0	0	0	0	0	0	0
Public	55.58	58.59	59.26	59.45	59.46	59.46	59.46	59.46	67.87	67.88
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Sep 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	0.01	0.01	0	0	0	0	0	0	0	0
Public	0.53	0.59	0.6	0.6	0.6	0.6	0.6	0.6	0.87	0.87
Others	0	0	0	0	0	0	0	0	0	0
Total	0.95	1.02	1.02	1.02	1.02	1.02	1.02	1.02	1.28	1.28

Pros

Debtor days have improved from 519.84 to 310.81days.
Company has reduced debt.
Company is almost debt free.

Cons

Promoter holding is low: 32.04%.
Company has a low return on equity of 5% over the last 3 years.
Stock is trading at 3.5 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.