Palred Technologies
Market Cap
₹93.4m
Last Updated
2020/03/31 12:31 UTC
Data Sources
Company Financials
Executive Summary
Palred Technologies Limited engages in the e-commerce, information technology, and media and entertainment businesses in India.
Risk Analysis
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
| 532521 | Industry | Market | |
|---|---|---|---|
| 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
- Take a look at our analysis of 532521’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.
- Palred 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 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | ₹3.00m | 16.46% ₹15.4m | |
| Chief Financial Officer | 1yr | no data | no data | |
| Chief Technical Officer | 6.25yrs | no data | no data | |
| Vice President of HR & Administration | no data | no data | no data | |
| Company Secretary & Compliance Officer | 0.58yr | no data | no data | |
| Region Head of Americas Operations | no data | no data | no data | |
| Region Head of India | no data | no data | no data | |
| Head of Asia and General Manager | no data | no data | no data | |
| Chief Executive Officer of Palred Online Technologies Pvt Ltd - LatestOne.com | no data | no data | no 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
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Founder | no data | ₹3.00m | 16.46% ₹15.4m | |
| Independent Director | 4.83yrs | no data | no data | |
| Independent Director | 4.83yrs | ₹20.00k | 0.0041% ₹3.8k | |
| Independent Women Director | 4.58yrs | no data | no 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
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 532521 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Mar 2004 |
| PALREDTEC | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Mar 2004 |
| 532521 | BSE (Mumbai Stock Exchange) | INR10 POST CONS | IN | INR | May 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
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/03/31 12:31 |
| End of Day Share Price | 2020/03/31 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
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.