Atishay
Market Cap
₹494.2m
Last Updated
2020/02/26 13:15 UTC
Data Sources
Company Financials
Executive Summary
Atishay Limited engages in the information technology (IT), data base management, e-governance, and hospitality businesses in India.
Risk Analysis
Snowflake Analysis
Adequate balance sheet with questionable track record.
Share Price & News
How has Atishay's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 538713's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-25.1%
538713
-1.7%
IN IT
-1.2%
IN Market
1 Year Return
-34.8%
538713
4.0%
IN IT
6.4%
IN Market
Return vs Industry: 538713 underperformed the Indian IT industry which returned 4% over the past year.
Return vs Market: 538713 underperformed the Indian Market which returned 6.4% over the past year.
Shareholder returns
| 538713 | Industry | Market | |
|---|---|---|---|
| 7 Day | -25.1% | -1.7% | -1.2% |
| 30 Day | -27.8% | -0.4% | -3.6% |
| 90 Day | -29.9% | 7.4% | -0.5% |
| 1 Year | -34.0%-34.8% | 6.7%4.0% | 8.4%6.4% |
| 3 Year | -40.4%-41.6% | 69.3%59.4% | 20.9%14.3% |
| 5 Year | 87.2%81.2% | 50.5%36.7% | 29.8%18.0% |
Price Volatility Vs. Market
How volatile is Atishay's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Valuation
Is Atishay undervalued compared to its fair value and its price relative to the market?
14.28x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 538713 (₹45) is trading above our estimate of fair value (₹7.61)
Significantly Below Fair Value: 538713 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 538713 is poor value based on its PE Ratio (15.9x) compared to the IT industry average (10.9x).
PE vs Market: 538713 is poor value based on its PE Ratio (15.9x) compared to the Indian market (13.1x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 538713's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 538713 is overvalued based on its PB Ratio (1.5x) compared to the IN IT industry average (0.9x).
Next Steps
Future Growth
How is Atishay 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 Atishay 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
- Examine Atishay's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Atishay 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 Atishay performed over the past 5 years?
6.9%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 538713 has high quality earnings.
Growing Profit Margin: 538713's current net profit margins (13.4%) are lower than last year (17.4%).
Past Earnings Growth Analysis
Earnings Trend: 538713's earnings have grown by 6.9% per year over the past 5 years.
Accelerating Growth: 538713's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 538713 had negative earnings growth (-33.6%) over the past year, making it difficult to compare to the IT industry average (7.2%).
Return on Equity
High ROE: 538713's Return on Equity (9.3%) is considered low.
Return on Assets
Return on Capital Employed
Next Steps
Financial Health
How is Atishay's financial position?
Financial Position Analysis
Short Term Liabilities: 538713's short term assets (₹148.3M) exceed its short term liabilities (₹62.9M).
Long Term Liabilities: 538713's short term assets (₹148.3M) exceed its long term liabilities (₹16.3M).
Debt to Equity History and Analysis
Debt Level: 538713's debt to equity ratio (11.4%) is considered satisfactory.
Reducing Debt: 538713's debt to equity ratio has increased from 8.3% to 11.4% over the past 5 years.
Debt Coverage: 538713's debt is not well covered by operating cash flow (7.9%).
Interest Coverage: 538713's interest payments on its debt are well covered by EBIT (9.6x coverage).
Balance Sheet
Inventory Level: 538713 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 538713's debt is covered by short term assets (assets are 3.9x debt).
Next Steps
Dividend
What is Atishay's current dividend yield, its reliability and sustainability?
1.48%
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: 538713's dividend (1.33%) is higher than the bottom 25% of dividend payers in the Indian market (0.6%).
High Dividend: 538713's dividend (1.33%) is low compared to the top 25% of dividend payers in the Indian market (2.61%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, 538713 has been paying a dividend for less than 10 years.
Growing Dividend: 538713 has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (21.2%), 538713's dividend payments are well covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
5.7yrs
Average board tenure
CEO
Akhilesh Jain (58yo)
₹2,100,000
Compensation
Mr. Akhilesh Jain serves as the Chairman and Managing Director at Atishay Infotech Limited and also has been its Director since March 30, 2000. Mr. Jain is responsible for of the financial policies and leg ...
CEO Compensation Analysis
Compensation vs Market: Akhilesh's total compensation ($USD29.13K) is below average for companies of similar size in the Indian market ($USD50.06K).
Compensation vs Earnings: Akhilesh's compensation has been consistent with company performance over the past year.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| Chairperson & MD | 0yrs | ₹2.10m | 32.43% ₹160.3m | |
| Whole-Time Director | 7yrs | ₹1.20m | 13.88% ₹68.6m | |
| Non Executive Director | 19.9yrs | ₹30.00k | 13.99% ₹69.2m | |
| Non-Executive & Independent Director | 5.7yrs | ₹52.50k | no data | |
| Non-Executive & Independent Director | 5.4yrs | ₹32.50k | no data | |
| Non-Executive & Independent Director | 3.3yrs | ₹50.00k | 0.015% ₹75.0k |
5.7yrs
Average Tenure
52yo
Average Age
Experienced Board: 538713's board of directors are considered experienced (5.7 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
Atishay Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Atishay Limited
- Ticker: 538713
- Exchange: BSE
- Founded: 2000
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: ₹494.160m
- Shares outstanding: 10.98m
- Website: https://www.atishay.com
Number of Employees
Location
- Atishay Limited
- Plot No. 36, Zone-1
- Maharana Pratap Nagar
- Bhopal
- Madhya Pradesh
- 462011
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 538713 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Oct 2014 |
Biography
Atishay Limited engages in the information technology (IT), data base management, e-governance, and hospitality businesses in India. It operates through E – Governance, Retail & Others, and Hospitality segments. The company offers e-governance services, including processing of data in data centers and transliterating the electoral rolls in Urdu language; and end-to-end IT solutions to its customers, as well as electoral rolls and electors photo identity cards preparation services, and Aadhaar enrolment and related services. It also operates Atishay Online, an online self-service portal, which provides online mobile recharge, DTH recharge, bill payment, utility bill payment, domestic money transfer, and hotel booking services. In addition, the company operates E-Mitra, a portal that offers approximately 300 government and private services to citizens, including applications for driving licenses and pan cards, and water bills, as well as device supply and related services. Further, it provides systems integration services comprising customized turnkey solutions in hardware, software, and networking; and develops Maxidoo, a cloud-based hotel enterprise resource planning software, which enables hotels to handle its internal operations on a single platform. The company was formerly known as Atishay Infotech Limited and changed its name to Atishay Limited in January 2016. Atishay Limited was founded in 2000 and is headquartered in Bhopal, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/02/26 13:15 |
| End of Day Share Price | 2020/02/26 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.