BSE:532386

Stock Analysis Report

California Software

Executive Summary

California Software Company Limited provides software development, business process outsourcing, and IT infrastructure services.


Snowflake Analysis

Adequate balance sheet with weak fundamentals.

Share Price & News

How has California Software's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 532386's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

1.7%

532386

-2.2%

IN IT

-1.4%

IN Market


1 Year Return

-29.9%

532386

4.0%

IN IT

6.4%

IN Market

Return vs Industry: 532386 underperformed the Indian IT industry which returned 4% over the past year.

Return vs Market: 532386 underperformed the Indian Market which returned 6.4% over the past year.


Shareholder returns

532386IndustryMarket
7 Day1.7%-2.2%-1.4%
30 Day-1.0%-1.2%-3.3%
90 Day-18.9%7.1%0.4%
1 Year-29.9%-29.9%6.7%4.0%8.4%6.4%
3 Year77.4%77.4%67.3%57.6%20.9%14.1%
5 Year93.1%93.1%52.8%38.7%30.7%18.5%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is California Software undervalued compared to its fair value and its price relative to the market?

5.45x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 532386's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 532386's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 532386 is unprofitable, so we can't compare its PE Ratio to the IT industry average.

PE vs Market: 532386 is unprofitable, so we can't compare its PE Ratio to the Indian market.


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 532386's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532386 is overvalued based on its PB Ratio (5.4x) compared to the IN IT industry average (0.9x).


Next Steps

Future Growth

How is California Software 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 California Software 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 California Software performed over the past 5 years?

44.0%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532386 is currently unprofitable.

Growing Profit Margin: 532386 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 532386 is unprofitable, but has reduced losses over the past 5 years at a rate of 44% per year.

Accelerating Growth: Unable to compare 532386's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 532386 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (7.2%).


Return on Equity

High ROE: 532386 has a negative Return on Equity (-4.19%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


Next Steps

Financial Health

How is California Software's financial position?


Financial Position Analysis

Short Term Liabilities: 532386's short term assets (₹82.0M) exceed its short term liabilities (₹12.7M).

Long Term Liabilities: 532386 has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: 532386's debt to equity ratio (12.8%) is considered satisfactory.

Reducing Debt: 532386 had negative shareholder equity 5 years ago, but is now positive and has therefore improved.


Balance Sheet

Inventory Level: 532386 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 532386's debt is covered by short term assets (assets are 9.3x debt).


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 532386 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 532386 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

What is California Software's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

company0%marketbottom25%0.6%markettop25%2.6%industryaverage1.6%forecastin3Yearsn/a

Current dividend yield vs market & industry

Notable Dividend: Unable to evaluate 532386's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 532386'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 532386's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532386's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 532386 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 532386'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?

1.7yrs

Average management tenure


CEO

Vasudevan Mahalingam (52yo)

2.2yrs

Tenure

0

Dr. Vasudevan Mahalingam has been Managing Director, Chief Executive Officer and Director of California Software Company Limited since December 23, 2017. He served as Independent Director of California Sof ...


Leadership Team

NamePositionTenureCompensationOwnership
Vasudevan Mahalingam
MD, CEO & Director2.2yrsno data40.98% 67.4m
Vijayakumar Madhavan
CFO & Whole Time Director1.7yrs₹300.00kno data
Manimala Vasudevan
COO & Executive Director1.7yrsno datano data
Ramandeep Singh
Chief Technology Officer and Chief Executivec Officer of Calsoft Labs0yrsno datano data
Uma Sharma
Company Secretary & Compliance officer0.7yrsno datano data
Glen Baylor
Vice President of Business Development0yrs₹3.76mno data
Yoto Haramoto
President of CODEX Co Ltd0yrsno datano data

1.7yrs

Average Tenure

Experienced Management: 532386's management team is not considered experienced ( 1.7 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Vasudevan Mahalingam
MD, CEO & Director2.2yrsno data40.98% 67.4m
Vijayakumar Madhavan
CFO & Whole Time Director1.7yrs₹300.00kno data
Manimala Vasudevan
COO & Executive Director1.7yrsno datano data
Pasupathy Raju
Non Executive Independent Director2.3yrsno data0.11% 183.1k
Keerti Saraswat
Woman-Non executive Independent Director2.7yrsno datano data
AVN. Srimathi
Woman Independent Director0.8yrsno datano data
M. Sampath
Independent Director0.8yrsno datano data

1.7yrs

Average Tenure

52yo

Average Age

Experienced Board: 532386's board of directors are not considered experienced ( 1.7 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 not been meaningfully diluted in the past year.


Top Shareholders

Company Information

California Software Company Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: California Software Company Limited
  • Ticker: 532386
  • Exchange: BSE
  • Founded: 1992
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: ₹164.455m
  • Shares outstanding: 12.37m
  • Website: https://www.calsof.com

Number of Employees


Location

  • California Software Company Limited
  • Unit 9, STPI Building
  • 2nd Floor
  • Chennai
  • Tamil Nadu
  • 600113
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532386BSE (Mumbai Stock Exchange)YesEquity SharesININRJun 2000
CALSOFTNSEI (National Stock Exchange of India)YesEquity SharesININRJun 2000

Biography

California Software Company Limited provides software development, business process outsourcing, and IT infrastructure services. It offers CLPM, a loyalty business management solution; CsIoT, an Internet of Things solution; CsDigital platform that provides cloud strategy services to design, deploy, and manage cloud environments; CsBigData, a big data analytics solution; CsCloud, an intelligent manufacturing cloud solution; CLISAC, a clinical data management solution; CLIDAC, a clinical data warehouse and analytics console; and CASP, a chat-based artificial intelligence (AI) assistance system. The company also offers ARGCIC, a pharmaco-vigilance application; Chronscrapper, an automated data extraction tool used in structuring the data of PDF and scanned documents; EYWA, an AI assistant for doctors; and YesGeeCom solution that enables digital transformation of e commerce solutions by AI integration for business-to-business and business-to-customer segments. The company was founded in 1992 and is based in Chennai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/25 12:33
End of Day Share Price2020/02/25 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.