BSE:517429

Stock Analysis Report

Athena Global Technologies

Executive Summary

Athena Global Technologies Limited provides software application development, testing, and digital transformation solutions and services in India and internationally.


Snowflake Analysis

Weak fundamentals or lack of information.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 517429's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.8%

517429

1.8%

IN IT

-0.8%

IN Market


1 Year Return

43.1%

517429

7.9%

IN IT

11.1%

IN Market

Return vs Industry: 517429 exceeded the Indian IT industry which returned 5.7% over the past year.

Return vs Market: 517429 exceeded the Indian Market which returned 11.1% over the past year.


Shareholder returns

517429IndustryMarket
7 Day1.8%1.8%-0.8%
30 Day4.1%0.8%-2.3%
90 Day52.6%6.3%2.1%
1 Year43.1%43.1%10.7%7.9%13.1%11.1%
3 Year50.5%50.5%71.1%61.1%22.9%16.2%
5 Year491.8%491.8%57.0%42.5%34.9%22.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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


In this section, we usually try to help investors determine whether Athena Global Technologies is trading at an attractive price based on the cash flow it is expected to produce in the future. But as Athena Global Technologies 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 517429’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 Athena Global Technologies regulatory filings.
  • Explore potentially undervalued companies in the Software industry.

Future Growth

How is Athena Global 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 Athena Global 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

  • Take a look at our analysis of 517429’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.
  • Athena Global Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
  • Explore growth companies in the Software industry.

Past Performance

How has Athena Global Technologies performed over the past 5 years?

27.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 517429 is currently unprofitable.

Growing Profit Margin: 517429 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 517429 is unprofitable, but has reduced losses over the past 5 years at a rate of 27% per year.

Accelerating Growth: Unable to compare 517429's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 517429 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (7.4%).


Return on Equity

High ROE: 517429'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 Athena Global Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: 517429 has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.

Long Term Liabilities: 517429 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: 517429 has negative shareholder equity, which is a more serious situation than a high debt level.

Reducing Debt: 517429's has negative shareholder equity, so we do not need to check if its debt has reduced over time.


Balance Sheet

Inventory Level: 517429 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 517429 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: Insufficient data to determine if 517429 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 517429 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

companyn/amarketbottom25%0.6%markettop25%2.5%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 517429's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 517429'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 517429's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 517429'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 517429'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?

4.9yrs

Average board tenure


CEO

Satyendra Manchala (50yo)

8.8yrs

Tenure

Mr. Satyendra Manchala has been the Chairman and Managing Director at Athena Global Technologies Limited (also known as VJIL Consulting Limited) since May 14, 2011 and has been its Executive Director since ...


Board Members

NamePositionTenureCompensationOwnership
Satyendra Manchala
Chairman & MD8.8yrsno data48.15% 268.0m
Sunitha Manchala
Non-Executive Non Independent Women Director5.3yrsno datano data
Rajesh Katragadda
Non-Executive Independent Director4.5yrs₹100.00kno data
Prudvi Manthena
Non-Executive Independent Director2.8yrsno datano data

4.9yrs

Average Tenure

47yo

Average Age

Experienced Board: 517429's board of directors are considered experienced (4.9 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

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


Key Information

  • Name: Athena Global Technologies Limited
  • Ticker: 517429
  • Exchange: BSE
  • Founded: 1992
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: ₹556.571m
  • Shares outstanding: 11.36m
  • Website: https://www.athenagt.com

Number of Employees


Location

  • Athena Global Technologies Limited
  • NCC House
  • 3rd Floor
  • Hyderabad
  • Andhra Pradesh
  • 500081
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
517429BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2000

Biography

Athena Global Technologies Limited provides software application development, testing, and digital transformation solutions and services in India and internationally. The company offers web development; mobile development solutions, which consist of IOS and Android application development services, and cross platform based application services; e-commerce and portal services that comprise hybrid application, e-commerce portal, and re-engineering services; product engineering, consisting of enterprise platforms, consumer solutions, software-defined data center, and industrial services; software development; and DevOps consultation services. It also provides blockchain; artificial intelligence; data science; Internet of Things; robotic process automation; and chatbots and voicebots solutions. In addition, the company provides QA and testing services, such as automation testing, e-commerce testing, functional testing, localization testing, mobile testing, and security testing services. It serves customers in automotive, banking and finance, education, healthcare, and technology industries. The company was formerly known as VJIL Consulting Limited and changed its name to Athena Global Technologies Limited in October 2015. Athena Global Technologies Limited was incorporated in 1992 and is based in Hyderabad, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/17 12:36
End of Day Share Price2020/02/17 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.