BSE:534920

Stock Analysis Report

Covidh Technologies

Executive Summary

Covidh Technologies Limited provides IT/ITES in India.


Snowflake Analysis

Imperfect balance sheet with weak fundamentals.

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 534920 has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

0%

534920

-3.8%

IN Software

-3.0%

IN Market


1 Year Return

14.0%

534920

-51.4%

IN Software

-29.2%

IN Market

Return vs Industry: 534920 exceeded the Indian Software industry which returned -51.4% over the past year.

Return vs Market: 534920 exceeded the Indian Market which returned -29.2% over the past year.


Shareholder returns

534920IndustryMarket
7 Day0%-3.8%-3.0%
30 Day0%-38.6%-26.9%
90 Day1.6%-38.1%-28.5%
1 Year14.0%14.0%-50.5%-51.4%-27.7%-29.2%
3 Year-76.1%-76.1%-48.7%-53.2%-15.2%-19.9%
5 Year-93.9%-93.9%-39.4%-48.3%-3.1%-8.1%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

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

1.22x

Price to Book (PB) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate 534920's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate 534920's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: 534920 is unprofitable, so we can't compare its PE Ratio to the Software industry average.

PE vs Market: 534920 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 534920's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 534920 is overvalued based on its PB Ratio (1.2x) compared to the IN Software industry average (0.6x).


Next Steps

Future Growth

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

13.8%

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 Covidh 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 Covidh Technologies performed over the past 5 years?

13.6%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 534920 is currently unprofitable.

Growing Profit Margin: 534920 is currently unprofitable.


Past Earnings Growth Analysis

Earnings Trend: 534920 is unprofitable, but has reduced losses over the past 5 years at a rate of 13.6% per year.

Accelerating Growth: Unable to compare 534920's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: 534920 is unprofitable, making it difficult to compare its past year earnings growth to the Software industry (-4%).


Return on Equity

High ROE: 534920 has a negative Return on Equity (-25.89%), as it is currently unprofitable.


Next Steps

Financial Health

How is Covidh Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: 534920's short term assets (₹167.6M) exceed its short term liabilities (₹90.9M).

Long Term Liabilities: 534920's short term assets (₹167.6M) exceed its long term liabilities (₹80.8M).


Debt to Equity History and Analysis

Debt Level: 534920's debt to equity ratio (2162%) is considered high.

Reducing Debt: 534920's debt to equity ratio has increased from 45.3% to 2162% over the past 5 years.


Balance Sheet

Inventory Level: 534920 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 534920's debt is covered by short term assets (assets are 1.6x 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 534920 has enough cash runway based on its current free cash flow.

Forecast Cash Runway: Insufficient data to determine if 534920 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.


Next Steps

Dividend

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


Dividend Yield vs Market

Notable Dividend: Unable to evaluate 534920's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.

High Dividend: Unable to evaluate 534920'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 534920's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if 534920's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: 534920 is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of 534920'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?

1.4yrs

Average board tenure


CEO

Covidh Technologies has no CEO, or we have no data on them.


Board Members

NamePositionTenureCompensationOwnership
Naresh Konda
Whole Time Director0.92yrno datano data
Uday Chava
Director5.58yrsno data0.71% 48.8k
Srinivasa Munnangi
Independent Directorno datano datano data
Sukanya Pittala
Independent Women Director1.83yrsno datano data
Sivaiah Kommineni
Independent Director0.42yrno datano data

1.4yrs

Average Tenure

37yo

Average Age

Experienced Board: 534920's board of directors are not considered experienced ( 1.4 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 28.5%.


Top Shareholders

Company Information

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


Key Information

  • Name: Covidh Technologies Limited
  • Ticker: 534920
  • Exchange: BSE
  • Founded: 1993
  • Industry: Application Software
  • Sector: Software
  • Market Cap: ₹6.890m
  • Shares outstanding: 10.60m
  • Website: https://null

Location

  • Covidh Technologies Limited
  • Sai Krishna Building
  • Plot 797/A, B-2
  • Hyderabad
  • Andhra Pradesh
  • 500033
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
534920BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2013

Biography

Covidh Technologies Limited provides IT/ITES in India. The company was formerly known as Aptus Industries Limited and changed its name to Covidh Technologies Limited in April 2014. Covidh Technologies Limited was incorporated in 1993 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 Analysis2020/03/28 13:37
End of Day Share Price2020/03/09 00:00
Earnings2019/06/30
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.