Tera Software

₹52.8 2 | 4%

WEBSITE BSE:533982 NSE : TERASOFTWARE 18 May, 12:50

Market Cap ₹66 Cr.

Stock P/E 21.9

P/B 0.6

Current Price ₹52.8

Book Value ₹ 88.1

Face Value 10

52W High ₹82.4

Dividend Yield 0%

52W Low ₹ 35.9

Edit Ratio

Tera Software Research see more...

Overview Inc. Year: 1994Industry: IT - Software

Tera Software Ltd gives IT and integrated related services and products global. It operates thru Integrated Solutions Division, Technical Division, and Projects Division segments. The agency offers its services in numerous categories, along with gadget integration and networking, and software program improvement and consultancy, in addition to GST billing, invoicing, and submitting software. Its offerings comprises internet of things, human capital control, experience layout, agency risk and protection, engineering and production, purchaser courting management, and consulting. The employer also provides offerings for Aadhaar; introduction of countrywide populace sign up; income tax automation; energy billing machine; RTA project; ration cards; computer schooling in colleges; and socio economic and caste census. It serves banking and financial services, communications, customer items, schooling, and power and utilities industries. Tera Software Ltd was founded in 1994 and is based in Hyderabad, India.

Tera Software Share Price

New

Volume

Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

Show Value Show %

Peer Comparison

Tera Software Quarterly Results

#(Fig in Cr.)	Sep 2020	Dec 2020	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Dec 2022	Jun 2023
Net Sales	55	40	50	25	27	38	38	28	30	19
Other Income	1	1	1	1	1	1	1	1	23	1
Total Income	56	41	50	25	28	39	38	29	53	21
Total Expenditure	53	38	46	23	26	35	35	27	45	18
Operating Profit	3	2	5	3	2	3	3	2	8	3
Interest	2	2	2	3	3	3	2	2	2	1
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	0	3	-1	-1	0	1	-0	6	2
Provision for Tax	0	0	1	-0	0	0	0	0	5	1
Profit After Tax	0	0	2	-1	-1	0	0	-1	1	1
Adjustments	0	0	0	0	0	0	0	-0	0	-0
Profit After Adjustments	0	0	2	-1	-1	0	0	-1	1	1
Adjusted Earnings Per Share	0.1	0.2	1.4	-0.6	-0.9	0.2	0.1	-0.5	1	0.6

Tera 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	143	102	91	172	271	146	176	269	161	127	131	115
Other Income	2	1	5	3	6	2	4	3	3	3	27	26
Total Income	145	103	96	175	277	148	180	272	164	130	158	141
Total Expenditure	116	80	78	154	251	136	164	252	153	119	142	125
Operating Profit	29	23	19	21	26	12	16	20	11	11	15	16
Interest	12	9	7	7	7	7	8	9	9	12	6	7
Depreciation	11	10	6	3	2	3	3	1	1	0	0	0
Exceptional Income / Expenses	-0	0	0	0	0	0	0	0	0	0	0	0
Profit Before Tax	6	4	5	12	17	2	6	10	2	-1	9	9
Provision for Tax	3	2	2	4	6	1	2	3	1	0	5	6
Profit After Tax	4	2	4	8	11	2	4	7	1	-1	3	1
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	4	2	4	8	11	2	4	7	1	-1	3	1
Adjusted Earnings Per Share	2.8	1.6	2.9	6.2	8.6	1.3	2.9	5.2	0.7	-1	2.8	1.2

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	3%	-21%	-2%	-1%
Operating Profit CAGR	36%	-9%	5%	-6%
PAT CAGR	0%	-25%	8%	-3%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	41%	8%	4%	10%
ROE Average	3%	1%	3%	4%
ROCE Average	10%	8%	9%	11%

Tera 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	82	83	71	77	97	99	102	109	109	107	108
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	9	2	0	0	1	1	1	2	3	4	5
Other Non-Current Liabilities	16	15	5	3	-1	-1	-1	-1	-2	-2	-1
Total Current Liabilities	126	85	83	132	113	86	104	202	185	161	83
Total Liabilities	233	185	160	213	210	185	207	312	295	271	194
Fixed Assets	47	35	14	12	36	34	32	31	31	30	27
Other Non-Current Assets	13	14	10	8	5	3	6	5	9	7	8
Total Current Assets	172	136	136	193	169	148	169	275	256	234	160
Total Assets	233	185	160	213	210	185	207	312	295	271	194

Tera 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	11	5	4	1	29	8	10	13	16	14	10
Cash Flow from Operating Activities	26	30	6	34	-16	-4	-11	14	-37	-21	33
Cash Flow from Investing Activities	-0	3	1	2	1	0	0	1	1	1	3
Cash Flow from Financing Activities	-31	-33	-10	-8	-6	5	14	-12	34	17	-30
Net Cash Inflow / Outflow	-5	-1	-3	28	-21	2	3	3	-2	-4	6
Closing Cash & Cash Equivalent	5	4	1	29	8	10	13	16	14	10	16

Tera 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)	2.85	1.62	2.9	6.17	8.61	1.26	2.94	5.21	0.67	-1.04	2.77
CEPS(Rs)	11.63	9.63	7.94	8.32	10.5	3.29	4.97	5.86	1.16	-0.66	2.96
DPS(Rs)	1	0.8	0.8	1.2	0	0	0	0	0	0	0
Book NAV/Share(Rs)	65.75	66.44	56.92	61.64	77.61	78.87	81.9	86.98	86.84	85.83	86.21
Core EBITDA Margin(%)	18.95	21.64	15.03	10.8	7.34	6.73	7.2	6.33	4.65	6.3	-8.88
EBIT Margin(%)	12.56	13.04	13.81	10.87	8.65	6.69	7.79	7.15	6.28	8.43	11.55
Pre Tax Margin(%)	4.3	4.19	5.93	6.82	6.2	1.58	3.38	3.67	0.95	-0.65	6.62
PAT Margin (%)	2.49	1.99	3.97	4.48	3.98	1.08	2.08	2.43	0.52	-1.02	2.65
Cash Profit Margin (%)	10.15	11.85	10.88	6.04	4.85	2.83	3.53	2.73	0.9	-0.65	2.83
ROA(%)	1.5	0.97	2.1	4.14	5.09	0.8	1.88	2.52	0.28	-0.46	1.49
ROE(%)	4.39	2.45	4.7	10.4	12.37	1.61	3.66	6.18	0.78	-1.2	3.22
ROCE(%)	11.51	9.58	10.43	15.94	17.78	6.82	9.3	13.21	6.69	6.47	10.08
Receivable days	371.14	479.83	475.35	288.99	196.27	322.29	260.67	206.24	415.02	546.41	434.62
Inventory Days	4.11	13.9	13.59	9.36	9.58	22.88	23.57	9.98	7.73	7.87	3.99
Payable days	442.33	904.41	305.31	196.54	142.94	228.23	161.17	4088.21	0	0	8861.39
PER(x)	10.74	9.68	11.05	13.47	11.81	29.57	13.26	2.58	56.4	0	10.78
Price/Book(x)	0.47	0.24	0.56	1.35	1.31	0.47	0.48	0.15	0.44	0.52	0.35
Dividend Yield(%)	3.27	5.11	2.5	1.44	0	0	0	0	0	0	0
EV/Net Sales(x)	0.65	0.55	0.85	0.69	0.61	0.56	0.49	0.11	0.55	0.84	0.35
EV/Core EBITDA(x)	3.2	2.42	4.09	5.53	6.4	6.6	5.29	1.52	8.27	9.5	2.97
Net Sales Growth(%)	-28.43	-29.09	-10.25	88.84	57.17	-46.21	21.09	52.44	-40.25	-20.89	2.88
EBIT Growth(%)	-51.09	-26.39	-4.92	48.63	25.12	-58.41	41.05	39.93	-47.57	6.26	40.97
PAT Growth(%)	-80.8	-43.24	79.13	112.93	39.62	-85.37	133.27	77.48	-87.08	-254.39	366.29
EPS Growth(%)	-80.8	-43.24	79.14	112.92	39.62	-85.37	133.27	77.48	-87.08	-254.38	366.29
Debt/Equity(x)	0.81	0.53	0.61	0.57	0.47	0.45	0.49	0.27	0.5	0.56	0.22
Current Ratio(x)	1.37	1.61	1.64	1.47	1.49	1.72	1.62	1.36	1.38	1.45	1.93
Quick Ratio(x)	1.35	1.53	1.63	1.41	1.43	1.58	1.52	1.34	1.37	1.43	1.93
Interest Cover(x)	1.52	1.47	1.75	2.69	3.53	1.31	1.77	2.05	1.18	0.93	2.34
Total Debt/Mcap(x)	1.75	2.26	1.08	0.42	0.36	0.95	1.04	1.75	1.15	1.08	0.65

Tera Software Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	47.53	47.53	47.53	47.53	47.53	47.53	47.53	47.53	47.53	47.53
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	52.47	52.47	52.47	52.47	52.47	52.47	52.47	52.47	52.47	52.46
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	0.59	0.59	0.59	0.59	0.59	0.59	0.59	0.59	0.59	0.59
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.66	0.66	0.66	0.66	0.66	0.66	0.66	0.66	0.66	0.66
Others	0	0	0	0	0	0	0	0	0	0
Total	1.25	1.25	1.25	1.25	1.25	1.25	1.25	1.25	1.25	1.25

Pros

Stock is trading at 0.6 times its book value
Company is almost debt free.

Cons

Promoter holding is low: 47.53%.
Company has a low return on equity of 1% over the last 3 years.
Debtor days have increased from 0 to 8861.39days.
The company has delivered a poor profit growth of 8% 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.