BSE:532521

Stock Analysis Report

Palred Technologies

Executive Summary

Palred Technologies Limited engages in the e-commerce, information technology, and media and entertainment businesses in India.


Snowflake Analysis

Mediocre balance sheet and overvalued.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 532521's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

-10.4%

532521

6.9%

IN IT

9.3%

IN Market


1 Year Return

-69.9%

532521

-16.8%

IN IT

-29.6%

IN Market

Return vs Industry: 532521 underperformed the Indian IT industry which returned -18.3% over the past year.

Return vs Market: 532521 underperformed the Indian Market which returned -30.6% over the past year.


Shareholder returns

532521IndustryMarket
7 Day-10.4%6.9%9.3%
30 Day-38.1%-12.7%-23.3%
90 Day-39.7%-17.4%-28.0%
1 Year-69.9%-69.9%-14.2%-16.8%-28.2%-29.6%
3 Year-93.9%-93.9%38.3%29.7%-15.8%-20.5%
5 Year-72.2%-89.3%31.5%18.8%-4.7%-9.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

0.32x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 532521's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 532521's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 532521 is unprofitable, so we can't compare its PE Ratio to the IT industry average.

PE vs Market: 532521 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 532521's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 532521 is good value based on its PB Ratio (0.3x) compared to the IN IT industry average (0.7x).


Next Steps

Future Growth

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

8.4%

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 Palred 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 Palred Technologies performed over the past 5 years?

34.7%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 532521 is currently unprofitable.

Growing Profit Margin: 532521 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 532521 is unprofitable, but has reduced losses over the past 5 years at a rate of 34.7% per year.

Accelerating Growth: Unable to compare 532521's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 532521 is unprofitable, making it difficult to compare its past year earnings growth to the IT industry (7.2%).


Return on Equity

High ROE: 532521 has a negative Return on Equity (-28.29%), as it is currently unprofitable.


Next Steps

Financial Health

How is Palred Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: 532521's short term assets (₹386.6M) exceed its short term liabilities (₹134.9M).

Long Term Liabilities: 532521's short term assets (₹386.6M) exceed its long term liabilities (₹6.7M).


Debt to Equity History and Analysis

Debt Level: 532521's debt to equity ratio (26%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if 532521's debt to equity ratio has reduced over the past 5 years.


Balance Sheet

Inventory Level: 532521 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 532521's debt is covered by short term assets (assets are 4.9x 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: 532521 has been profitable on average in the past, therefore cash runway is not a concern.

Forecast Cash Runway: 532521 has been profitable on average in the past, therefore cash runway is not a concern.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 532521's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 532521'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 532521's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 532521's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 532521 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 532521'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?

1.0yrs

Average management tenure


CEO

Palem Reddy (56yo)

no data

Tenure

₹3,000,000

Compensation

Mr. Palem Srikanth Reddy is the Founder of Palred Technologies Limited (Four Soft Limited) and also serves as its Managing Director. Mr. Reddy served as the Chief Executive Officer of FPalred Technologies  ...


CEO Compensation Analysis

Compensation vs Market: Palem's total compensation ($USD39.81K) is about average for companies of similar size in the Indian market ($USD48.16K).

Compensation vs Earnings: Palem's compensation has been consistent with company performance over the past year.


Leadership Team

NamePositionTenureCompensationOwnership
Palem Reddy
Founderno data₹3.00m16.46% 15.4m
Pinekalapati Naidu
Chief Financial Officer1yrno datano data
Murthy Mulugu
Chief Technical Officer6.25yrsno datano data
Partha Patnaik
Vice President of HR & Administrationno datano datano data
Shruti Rege
Company Secretary & Compliance Officer0.58yrno datano data
Krishna Rallabhandi
Region Head of Americas Operationsno datano datano data
M. Balakrishna
Region Head of Indiano datano datano data
Balakrishna Reddy
Head of Asia and General Managerno datano datano data
Ameen Khwaja
Chief Executive Officer of Palred Online Technologies Pvt Ltd - LatestOne.comno datano datano data

1.0yrs

Average Tenure

Experienced Management: 532521's management team is not considered experienced ( 1 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Palem Reddy
Founderno data₹3.00m16.46% 15.4m
Atul Sharma
Independent Director4.83yrsno datano data
Sribhashyam Saradhi
Independent Director4.83yrs₹20.00k0.0041% 3.8k
Richa Patnaik
Independent Women Director4.58yrsno datano data

4.8yrs

Average Tenure

55yo

Average Age

Experienced Board: 532521's board of directors are considered experienced (4.8 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

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


Key Information

  • Name: Palred Technologies Limited
  • Ticker: 532521
  • Exchange: BSE
  • Founded: 1999
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: ₹93.433m
  • Shares outstanding: 9.73m
  • Website: https://www.palred.com

Location

  • Palred Technologies Limited
  • Plot No. 2, 8-2-703/2/B
  • Road No. 12
  • Hyderabad
  • Andhra Pradesh
  • 500034
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532521BSE (Mumbai Stock Exchange)YesEquity SharesININRMar 2004
PALREDTECNSEI (National Stock Exchange of India)YesEquity SharesININRMar 2004
532521BSE (Mumbai Stock Exchange)INR10 POST CONSININRMay 2016

Biography

Palred Technologies Limited engages in the e-commerce, information technology, and media and entertainment businesses in India. It offers middleware and master data management services. The company also operates LatestOne.com, an e-commerce Website; Saverable.com for banking accounts, insurance schemes, loan offers, and various other products; and Great indian t.com, an online entertainment site for uploading videos. In addition, it offers system and process solutions for media and entertainment businesses; and trades online in mobiles, electronic products, and fashion accessories, as well as provides related services. The company was formerly known as Four Soft Technologies Limited and changed its name to Palred Technologies Limited in January 2014. Palred Technologies Limited was founded in 1999 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 Analysis2020/03/31 12:31
End of Day Share Price2020/03/31 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.