BSE:538734

Stock Analysis Report

Executive Summary

Ceinsys Tech Limited provides architectural and engineering, and related technical consultancy services in India and internationally.


Snowflake Analysis

Solid track record with adequate balance sheet.

Share Price & News

How has Ceinsys Tech's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: 538734's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

10.4%

538734

-3.0%

IN IT

-3.9%

IN Market


1 Year Return

6.5%

538734

3.5%

IN IT

4.5%

IN Market

Return vs Industry: 538734 exceeded the Indian IT industry which returned 3.5% over the past year.

Return vs Market: 538734 exceeded the Indian Market which returned 4.5% over the past year.


Shareholder returns

538734IndustryMarket
7 Day10.4%-3.0%-3.9%
30 Day40.5%-2.6%-3.9%
90 Day48.4%4.8%-2.1%
1 Year9.3%6.5%6.2%3.5%6.4%4.5%
3 Year-1.5%-6.2%63.8%54.3%19.4%12.8%
5 Year121.4%108.5%49.2%35.5%28.2%16.6%

Price Volatility Vs. Market

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


Simply Wall St News

No news available

Valuation

Is Ceinsys Tech undervalued compared to its fair value and its price relative to the market?

5.17x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: 538734 (₹109.95) is trading above our estimate of fair value (₹87.31)

Significantly Below Fair Value: 538734 is trading above our estimate of fair value.


Price To Earnings Ratio

PE vs Industry: 538734 is good value based on its PE Ratio (5.2x) compared to the IT industry average (10.6x).

PE vs Market: 538734 is good value based on its PE Ratio (5.2x) compared to the Indian market (12.8x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 538734's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 538734 is overvalued based on its PB Ratio (1.6x) compared to the IN IT industry average (0.9x).


Next Steps

Future Growth

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

9.4%

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 Ceinsys Tech 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 Ceinsys Tech performed over the past 5 years?

26.9%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 538734 has high quality earnings.

Growing Profit Margin: 538734's current net profit margins (12.2%) are higher than last year (2.2%).


Past Earnings Growth Analysis

Earnings Trend: 538734's earnings have grown significantly by 26.9% per year over the past 5 years.

Accelerating Growth: 538734's earnings growth over the past year (536.3%) exceeds its 5-year average (26.9% per year).

Earnings vs Industry: 538734 earnings growth over the past year (536.3%) exceeded the IT industry 7.2%.


Return on Equity

High ROE: Whilst 538734's Return on Equity (30.45%) is high, this metric is skewed due to their high level of debt.


Next Steps

Financial Health

How is Ceinsys Tech's financial position?


Financial Position Analysis

Short Term Liabilities: 538734's short term assets (₹2.2B) exceed its short term liabilities (₹1.8B).

Long Term Liabilities: 538734's short term assets (₹2.2B) exceed its long term liabilities (₹31.8M).


Debt to Equity History and Analysis

Debt Level: 538734's debt to equity ratio (165.3%) is considered high.

Reducing Debt: 538734's debt to equity ratio has reduced from 167.2% to 165.3% over the past 5 years.

Debt Coverage: 538734's debt is not well covered by operating cash flow (10%).

Interest Coverage: 538734's interest payments on its debt are well covered by EBIT (3.5x coverage).


Balance Sheet

Inventory Level: 538734 has a low level of unsold assets or inventory.

Debt Coverage by Assets: 538734's debt is covered by short term assets (assets are 1.7x debt).


Next Steps

Dividend

What is Ceinsys Tech's current dividend yield, its reliability and sustainability?

2.05%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 538734's dividend (2.05%) is higher than the bottom 25% of dividend payers in the Indian market (0.62%).

High Dividend: 538734's dividend (2.05%) is low compared to the top 25% of dividend payers in the Indian market (2.69%).


Stability and Growth of Payments

Stable Dividend: Whilst dividend payments have been stable, 538734 has been paying a dividend for less than 10 years.

Growing Dividend: 538734's dividend payments have increased, but the company has only paid a dividend for 4 years.


Current Payout to Shareholders

Dividend Coverage: With its low payout ratio (10.6%), 538734's dividend payments are thoroughly 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?

1.8yrs

Average management tenure


CEO

Sagar Meghe (48yo)

1.6yrs

Tenure

₹16,200,000

Compensation

Mr. Sagar Dattatraya Meghe has been Managing Director at Ceinsys Tech Ltd since July 1, 2018 and also serves as its Chairman since June 30, 2014. Mr. Meghe has overall experience of 20 years in various fie ...


CEO Compensation Analysis

Compensation vs Market: Sagar's total compensation ($USD225.93K) is above average for companies of similar size in the Indian market ($USD50.27K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Sagar Meghe
Chairman & MD1.6yrs₹16.20m10.61% 129.4m
Abhay Kimmatkar
Joint MD & Director12.2yrs₹7.87m0.057% 691.1k
Dinesh Singh
Director of Finance0yrs₹4.31mno data
Hemant Thakare
COO & Director1.8yrs₹4.04mno data
Rahul Joharapurkar
Senior VP of Execution & Chief Delivery Officer of Enterprise Engineering Services1.5yrsno data0.057% 691.1k
Chandrasekhar Sayankar
Senior Vice President of Business Development1.5yrsno datano data
C.R. Bannur
Senior Vice President of Defence & Homeland Security0yrsno datano data
Prakash Yadav
Vice President of Energy5.1yrsno datano data
Mihir Dharkar
MD & Director0.5yrsno datano data
Astha Chaubey
Vice President of HR & Admin2.3yrsno datano data

1.8yrs

Average Tenure

48yo

Average Age

Experienced Management: 538734's management team is not considered experienced ( 1.8 years average tenure), which suggests a new team.


Board Members

NamePositionTenureCompensationOwnership
Sagar Meghe
Chairman & MD1.6yrs₹16.20m10.61% 129.4m
Abhay Kimmatkar
Joint MD & Director12.2yrs₹7.87m0.057% 691.1k
Dinesh Singh
Director of Finance0yrs₹4.31mno data
Hemant Thakare
COO & Director1.8yrs₹4.04mno data
Mihir Dharkar
MD & Director0.5yrsno datano data
Renu Challu
Non-Executive & Independent Director2.5yrsno datano data
Arun Wankhede
Non-Executive & Independent Director0.5yrs₹82.00kno data
Dhruv Kaji
Non-Executive & Independent Director2.6yrsno datano data
Satish Wate
Non-Executive & Independent Director2.6yrsno datano data
Kishore Dewani
Non-Executive & Independent Director2.1yrsno data0.030% 362.0k

2.5yrs

Average Tenure

63.5yo

Average Age

Experienced Board: 538734's board of directors are not considered experienced ( 2.5 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

Ceinsys Tech Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Ceinsys Tech Limited
  • Ticker: 538734
  • Exchange: BSE
  • Founded: 1998
  • Industry: IT Consulting and Other Services
  • Sector: Software
  • Market Cap: ₹1.220b
  • Shares outstanding: 11.12m
  • Website: https://www.ceinsys.com

Location

  • Ceinsys Tech Limited
  • 1601, Lodha Supremus
  • Senapati Bapat Marg
  • Mumbai
  • Maharashtra
  • 400013
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
538734BSE (Mumbai Stock Exchange)YesEquity SharesININROct 2014

Biography

Ceinsys Tech Limited provides architectural and engineering, and related technical consultancy services in India and internationally. It operates in three segments: Enterprise Geospatial & Engineering Services; Software Products; and Power Generation. The company offers map digitization and geo-referencing, physical and DGPS surveys, measurements and linking of RoR data, and application development; infrastructure survey, property mapping and survey, developmental plan, building plan approval system, solid waste management,3D city modelling, and e-governance; image interpretation processing solution, terrestrial LiDAR surveys, UAVs / drone durveys, and imagery consulting; 3D modelling, engineering drawings, animations / Walkthru’s, and land base mapping; health infrastructure mapping, decision support system, water quality mapping, sanitation survey and analysis, and disease outbreak mapping and analysis; natural resources services. It also provides solutions for infrastructure industry, including transportation, utilities, buildings, architecture engineering and construction, and oil and gas, as well as smart parking, 3D city modelling, property mapping, water management, web and mobile applications, and e-governance solutions. In addition, the company offers defense and homeland security solutions, such as command and control, intelligence surveillance reconnaissance, image exploitation, emergency response, safe city, disaster management, maritime security, border management, infrastructure protection, and fleet management solutions. Further, it is involved in the retail sale of non-customized software products; and generation of wind and solar power. The company was formerly known as ADCC Infocad Limited and changed its name to Ceinsys Tech Limited in August 2017. Ceinsys Tech Limited was incorporated in 1998 and is based in Mumbai, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/02/28 13:07
End of Day Share Price2020/02/28 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.