BSE:511447

Stock Analysis Report

Sylph Technologies

Executive Summary

Sylph Technologies Limited, a software technology company, provides software development services and solutions in India.


Snowflake Analysis

Flawless balance sheet with acceptable track record.

Share Price & News

How has Sylph Technologies's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 511447 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

511447

-0.4%

IN IT

-0.07%

IN Market


1 Year Return

n/a

511447

7.9%

IN IT

9.5%

IN Market

Return vs Industry: Insufficient data to determine how 511447 performed against the Indian IT industry.

Return vs Market: Insufficient data to determine how 511447 performed against the Indian Market.


Shareholder returns

511447IndustryMarket
7 Day0%-0.4%-0.07%
30 Day-2.8%0.2%-1.3%
90 Dayn/a7.1%1.9%
1 Yearn/a10.8%7.9%11.5%9.5%
3 Yearn/a70.1%60.2%23.6%16.7%
5 Year55.1%55.1%55.9%41.6%35.5%22.9%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Sylph Technologies undervalued compared to its fair value and its price relative to the market?

391.39x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 511447's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 511447's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 511447 is poor value based on its PE Ratio (391.4x) compared to the IT industry average (10.8x).

PE vs Market: 511447 is poor value based on its PE Ratio (391.4x) compared to the Indian market (13.3x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 511447's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 511447 is overvalued based on its PB Ratio (1.1x) compared to the IN IT industry average (0.9x).


Next Steps

Future Growth

How is Sylph Technologies 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 Sylph Technologies 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 Sylph Technologies performed over the past 5 years?

33.3%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 511447 has a large one-off gain of ₹1.3M impacting its December 31 2019 financial results.

Growing Profit Margin: 511447's current net profit margins (24.9%) are higher than last year (4.7%).


Past Earnings Growth Analysis

Earnings Trend: 511447's earnings have grown significantly by 33.3% per year over the past 5 years.

Accelerating Growth: 511447's earnings growth over the past year (20.7%) is below its 5-year average (33.3% per year).

Earnings vs Industry: 511447 earnings growth over the past year (20.7%) exceeded the IT industry 7.2%.


Return on Equity

High ROE: 511447's Return on Equity (0.3%) is considered low.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is Sylph Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: 511447's short term assets (₹87.7M) exceed its short term liabilities (₹2.4M).

Long Term Liabilities: 511447 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 511447 is debt free.

Reducing Debt: 511447 has no debt compared to 5 years ago when its debt to equity ratio was 2.9%.

Debt Coverage: 511447 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 511447 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet

Inventory Level: 511447 has a low level of unsold assets or inventory.

Debt Coverage by Assets: Insufficient data to determine if 511447's debt is covered by short term assets.


Next Steps

Dividend

What is Sylph Technologies's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.6%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 511447's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 511447'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 511447's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 511447'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 511447'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?

0.3yrs

Average management tenure


CEO

Jayshri Jain (53yo)

0.8yrs

Tenure

0

Ms. Jayshri Jain has been the Chief Executive Officer at Sylph Technologies Limited since May 30, 2019 and serves as its Executive Director since May 2019 and served as its Non-Executive and Non- Independe ...


Leadership Team

NamePositionTenureCompensationOwnership
Jayshri Jain
CEO & Executive Director0.8yrsno data14.3% 18.6m
Vineeta Bhandari
Chief Financial Officer0.3yrsno datano data
Shreya Thombre
Company Secretary & Compliance Officer0.3yrsno datano data

0.3yrs

Average Tenure

Experienced Management: 511447's management team is not considered experienced ( 0.3 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Jayshri Jain
CEO & Executive Director0.8yrsno data14.3% 18.6m
Rajesh K. Jain
Non-Executive Director27.8yrsno data9.73% 12.7m
Devendra Chelawat
Independent Non-Executive Director4.6yrsno datano data
Vimal Maheshwari
Independent Director0.4yrsno datano data

2.9yrs

Average Tenure

57yo

Average Age

Experienced Board: 511447's board of directors are not considered experienced ( 2.9 years average tenure), which suggests a new board.


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 been diluted in the past year, with total shares outstanding growing by 34.2%.


Top Shareholders

Company Information

Sylph Technologies Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Sylph Technologies Limited
  • Ticker: 511447
  • Exchange: BSE
  • Founded: 1992
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: ₹130.375m
  • Shares outstanding: 14.90m
  • Website: https://www.sylphtechnologies.com

Number of Employees


Location

  • Sylph Technologies Limited
  • ST-4, Press House
  • 22, Press Complex
  • Indore
  • Madhya Pradesh
  • 452008
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
511447BSE (Mumbai Stock Exchange)YesEquity SharesININRMay 2008

Biography

Sylph Technologies Limited, a software technology company, provides software development services and solutions in India. It operates through four segments: Information Technology, Education, Printing and Publishing Newspapers, and Trading of Solar Power Plant. The company offers outsourcing software development, Web development, product development, strategy consulting, offshore software development, and e-commerce for Web and mobile enablement services. It also provides B2B and B2C e-commerce solutions; client-server and enterprise applications; and Web-enabled applications and systems. In addition, the company offers software solutions for mobile devices, including enterprise, mobile marketing, mobile campaigns, mobile WAP site, messaging, and m-commerce solutions; and knowledge/business process outsourcing services. Further, it sells solar power products; and publishes newspapers. The company serves retail, brand marketing, manufacturing, communication, education and training, and digital media markets. Sylph Technologies limited was incorporated in 1992 and is based in Indore, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/24 12:33
End of Day Share Price2020/02/13 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.