BSE:501421

Stock Analysis Report

TechNVision Ventures

Executive Summary

TechNVision Ventures Limited, together with its subsidiaries, provides software services in India and internationally.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

How has TechNVision Ventures's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 501421 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

501421

-0.5%

IN IT

-0.7%

IN Market


1 Year Return

23.4%

501421

8.6%

IN IT

10.0%

IN Market

Return vs Industry: 501421 exceeded the Indian IT industry which returned 9.5% over the past year.

Return vs Market: 501421 exceeded the Indian Market which returned 11.1% over the past year.


Shareholder returns

501421IndustryMarket
7 Day0%-0.5%-0.7%
30 Day4.7%1.6%-0.3%
90 Day-0.8%7.6%3.2%
1 Year23.4%23.4%11.4%8.6%12.0%10.0%
3 Year7.5%7.5%70.2%60.3%23.9%17.1%
5 Year527.0%527.0%57.0%42.5%38.3%25.6%

Price Volatility Vs. Market

How volatile is TechNVision Ventures's share price compared to the market and industry in the last 5 years?


Simply Wall St News

No news available

Valuation

Is TechNVision Ventures undervalued compared to its fair value and its price relative to the market?


In this section, we usually try to help investors determine whether TechNVision Ventures is trading at an attractive price based on the cash flow it is expected to produce in the future. But as TechNVision Ventures has not provided consistent financial data, and the stock also has no analyst forecast or coverage, its intrinsic value cannot be reliably calculated by extrapolating past data or using analyst consensus cash flow predictions.

This is quite a rare situation as 89% of companies covered by Simply Wall St do have a valuation analysis.


Next Steps

  • Take a look at our analysis of 501421’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  • When valuing a company like this, investors focus more on how they perceive the size of the opportunity, the company's ability to deliver and scale, and the strength of the team. While we are not analysing this type of data at the moment, if you don’t know where to start, we recommend reading through TechNVision Ventures regulatory filings.
  • Explore potentially undervalued companies in the Software industry.

Future Growth

How is TechNVision Ventures forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

9.3%

Forecasted Software industry annual growth in earnings


In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as TechNVision Ventures has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.


Next Steps

Past Performance

How has TechNVision Ventures performed over the past 5 years?

-79.5%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 501421 is currently unprofitable.

Growing Profit Margin: 501421 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 501421 is unprofitable, and losses have increased over the past 5 years at a rate of -79.5% per year.

Accelerating Growth: Unable to compare 501421's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 501421 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (7.2%).


Return on Equity

High ROE: 501421's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is TechNVision Ventures's financial position?


Financial Position Analysis

Short Term Liabilities: 501421 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 501421 has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.


Debt to Equity History and Analysis

Debt Level: 501421 is debt free.

Reducing Debt: 501421's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: 501421 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 501421 has negative shareholder equity (liabilities exceed assets) therefore debt is not covered by short term assets.


Cash Runway Analysis

For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.

Stable Cash Runway: 501421 has sufficient cash runway for more than a year based on its current free cash flow.

Forecast Cash Runway: 501421 has less than a year of cash runway if free cash flow continues to reduce at historical rates of -16.3% each year


Next Steps

Dividend

What is TechNVision Ventures's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 501421's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 501421's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if 501421's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 501421's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 501421's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

5.2yrs

Average management tenure


CEO

Veena Gundavelli (50yo)

7.8yrs

Tenure

Ms. Veena Gundavelli founded Emagia Corp. in 1998 and serves as its Chief Executive Officer. Ms. Gundavelli has been the Managing Director at TechNVision Ventures Limited (formerly, Solix Technologies Ltd. ...


Leadership Team

NamePositionTenureCompensationOwnership
Geetanjali Toopran
CFO & Whole Time Director7yrs₹967.31k0.37% 4.6m
Diddiga Kumar
Company Secretary & Compliance Officer 4.7yrs₹692.54kno data
Veena Gundavelli
MD & Executive Director7.8yrsno datano data

5.2yrs

Average Tenure

Experienced Management: 501421's management team is seasoned and experienced (5.2 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Geetanjali Toopran
CFO & Whole Time Director7yrs₹967.31k0.37% 4.6m
Veena Gundavelli
MD & Executive Director7.8yrsno datano data
Sai Gundavelli
Chairman2.8yrsno datano data
Rafiq Dossani
Non-Executive Independent Director9yrsno datano data
Jnana Dash
Non-Executive Independent Director9yrsno datano data
G. R. Chary
Non-Executive Independent Director14.6yrsno datano data
Ananda Prabhu Kesari
Non-Executive Independent Director2.6yrsno datano data

8.0yrs

Average Tenure

64yo

Average Age

Experienced Board: 501421's board of directors are considered experienced (8 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.


Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

TechNVision Ventures Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: TechNVision Ventures Limited
  • Ticker: 501421
  • Exchange: BSE
  • Founded: 1980
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: ₹1.255b
  • Shares outstanding: 6.28m
  • Website: https://www.technvision.com

Location

  • TechNVision Ventures Limited
  • Lane No. 13
  • 1486 (12-13-522), Street No. 14
  • Secunderabad
  • Andhra Pradesh
  • 500017
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
501421BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2007

Biography

TechNVision Ventures Limited, together with its subsidiaries, provides software services in India and internationally. The company offers enterprise data management suite software, which enables organizations to implement database archiving, test data management, data masking, and application retirement across various enterprise data. It also provides cash flow management; and talent management solutions and services, including on demand recruitment process outsourcing services for hi-tech, engineering, medical, pharmaceutical, banking, and financial companies. The company was formerly known as Solix Technologies Limited and changed its name to TechNVision Ventures Limited in September 2012. TechNVision Ventures Limited was incorporated in 1980 and is based in Secunderabad, India. TechNVision Ventures Limited is a subsidiary of Tiebeam Technologies India Private Limited. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/20 12:56
End of Day Share Price2020/02/10 00:00
Earnings2019/12/31
Annual Earnings2019/03/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.