Intellect Design Arena
Intellect Design Arena Limited provides software development and support services for banking, insurance, and other financial services in India and internationally. The last earnings update was 86 days ago. More info.
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- Intellect Design Arena has significant price volatility in the past 3 months.
538835 Share Price and Events
7 Day Returns
1 Year Returns
538835 Shareholder Return
| 7 Day | 30 Day | 90 Day | 1 Year | 3 Year | 5 Year | |
|---|---|---|---|---|---|---|
| Intellect Design Arena (538835) | -2.5% | 11.6% | 4.9% | 18% | -3.6% | - |
| IN Software | -1.6% | 2.3% | -5.9% | -19.9% | -4.5% | 28.4% |
| IN Market | -1.9% | 1.2% | 5.1% | -2.8% | 38.3% | 71% |
1 Year Return vs Industry and Market
- 538835 outperformed the Software industry which returned -19.9% over the past year.
- 538835 outperformed the Market in India which returned -2.8% over the past year.
Value
Value is all about what a company is worth versus what price it is
available for. If you went into a grocery store and all the bananas were on sale
at half price, they could be considered
undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current
share
price of
Intellect Design Arena
to its discounted cash flow analysis.value.The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Below are the data sources, inputs and calculation used to determine the intrinsic value for Intellect Design Arena.
| Data Point | Source | Value |
|---|---|---|
| Valuation Model | 2 Stage Free Cash Flow to Equity | |
| Levered Free Cash Flow | Average of 4 Analyst Estimates (S&P Global) | See below |
| Discount Rate (Cost of Equity) | See below | 17.1% |
| Perpetual Growth Rate | 10-Year IN Government Bond Rate | 7.6% |
An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.
| Data Point | Calculation/ Source | Result |
|---|---|---|
| Risk-Free Rate | 10-Year IN Govt Bond Rate | 7.6% |
| Equity Risk Premium | S&P Global | 8.6% |
| Software Unlevered Beta | Simply Wall St/ S&P Global | 1.14 |
| Re-levered Beta | = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.137 (1 + (1- 35%) (3.75%)) |
1.11 |
| Levered Beta | Levered Beta limited to 0.8 to 2.0 (practical range for a stable firm) |
1.11 |
| Discount Rate/ Cost of Equity |
= Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.11 * 8.6%) |
17.1% |
Discounted Cash Flow Calculation for BSE:538835 using 2 Stage Free Cash Flow to Equity Model
The calculations below outline how an intrinsic value for Intellect Design Arena is arrived at by discounting future cash flows to their present value using the 2 stage method. We try to start with analysts estimates of free cash flow, however if these are not available we use the most recent financial results. In the 1st stage we continue to grow the free cash flow over a 10 year period, with the growth rate trending towards the perpetual growth rate used in the 2nd stage. The 2nd stage assumes the company grows at a stable rate into perpetuity.
| Levered FCF (INR, Millions) | Source |
Present Value Discounted (@ 17.1%) |
|
|---|---|---|---|
| 2019 | -244.00 | Analyst x2 | -208.37 |
| 2020 | -169.00 | Analyst x1 | -123.25 |
| 2021 | 1,189.50 | Analyst x2 | 740.81 |
| 2022 | 2,037.64 | Est @ 71.3% | 1,083.72 |
| 2023 | 3,100.81 | Est @ 52.18% | 1,408.36 |
| 2024 | 4,303.58 | Est @ 38.79% | 1,669.23 |
| 2025 | 5,569.57 | Est @ 29.42% | 1,844.83 |
| 2026 | 6,842.60 | Est @ 22.86% | 1,935.55 |
| 2027 | 8,092.39 | Est @ 18.26% | 1,954.82 |
| 2028 | 9,310.33 | Est @ 15.05% | 1,920.63 |
| Present value of next 10 years cash flows | ₹12,226.33 | ||
| Calculation | Result | |
|---|---|---|
| Terminal Value |
= FCF2028
× (1 + g) ÷ (Discount Rate – g)
= ₹9,310.33 × (1 + 7.55%) ÷ (17.1% – 7.55%) |
₹104,864.70 |
| Present Value of Terminal Value |
= Terminal Value ÷ (1 + r)10
= ₹104,864.70 ÷ (1 + 17.1%)10 |
₹21,632.52 |
| Calculation | Result | |
|---|---|---|
| Total Equity Value |
= Present value of next 10 years cash flows +
Terminal Value
= ₹12,226.33 + ₹21,632.52 |
₹33,858.85 |
| Equity Value per Share (INR) |
= Total value / Shares Outstanding
= ₹33,858.85 / 131.77 |
₹256.94 |
| Calculation | Result | |
|---|---|---|
| Value per share (INR) | From above. | ₹256.94 |
| Current discount | Discount to share price of
₹223.20
= -1 x (₹223.20 - ₹256.94) / ₹256.94 |
13.1% |
Learn more about our DCF calculations in Simply Wall St’s analysis model .
Current Discount
Current Discount Checks
- Intellect Design Arena's share price is below the future cash flow value, but not at a moderate discount (< 20%).
- Intellect Design Arena's share price is below the future cash flow value, but not at a substantial discount (< 40%).
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for
it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing
when they are out of season, or how much your home is worth.The amount the stock market is willing to pay for Intellect Design Arena's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are
Intellect Design Arena's earnings available for a low price, and how does
this compare to other companies in the same industry?
| Data Point | Source | Value |
|---|---|---|
| Earnings Per Share * | Company Filings (2018-12-31) in INR | ₹8.91 |
| BSE:538835 Share Price ** | BSE (2019-04-24) in INR | ₹223.2 |
| India Software Industry PE Ratio | Median Figure of 48 Publicly-Listed Software Companies | 15.63x |
| India Market PE Ratio | Median Figure of 2,739 Publicly-Listed Companies | 16.02x |
* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.
** Primary Listing of Intellect Design Arena.
| Calculation | Outcome | |
|---|---|---|
| PE Ratio | = BSE:538835 Share Price ÷ EPS (both in INR) = 223.2 ÷ 8.91 |
25.04x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Intellect Design Arena is overvalued based on earnings compared to the IN Software industry average.
- Intellect Design Arena is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does
Intellect Design Arena's expected growth come at a high price?
| Data Point | Source | Value |
|---|---|---|
| PE Ratio | See PE Ratio Section | 25.04x |
| Net Income Annual Growth Rate | See Future Growth Section. Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts |
27%per year |
| India Software Industry PEG Ratio | Median Figure of 9 Publicly-Listed Software Companies | 0.96x |
| India Market PEG Ratio | Median Figure of 586 Publicly-Listed Companies | 1.32x |
*Line of best fit is calculated by linear regression .
| Calculation | Outcome | |
|---|---|---|
| PEG Ratio | = PE Ratio ÷ Net Income Annual Growth Rate = 25.04x ÷ 27% |
0.93x |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Intellect Design Arena is good value based on expected growth next year.
Price based on value of assets
What value do investors place on
Intellect Design Arena's
assets?
| Data Point | Source | Value |
|---|---|---|
| Book Value per Share | Company Filings (2018-12-31) in INR | ₹73.21 |
| BSE:538835 Share Price * | BSE (2019-04-24) in INR | ₹223.2 |
| India Software Industry PB Ratio | Median Figure of 66 Publicly-Listed Software Companies | 1.17x |
| India Market PB Ratio | Median Figure of 3,630 Publicly-Listed Companies | 1.09x |
| Calculation | Outcome | |
|---|---|---|
| PB Ratio | = BSE:538835 Share Price ÷ Book Value per Share (both in INR) = 223.2 ÷ 73.21 |
3.05x |
* Primary Listing of Intellect Design Arena.
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Intellect Design Arena is overvalued based on assets compared to the IN Software industry average.
Value checks
We assess Intellect Design Arena's value by looking at:- Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
- Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
- Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
- Is the PB ratio less than the Software industry average (and greater than 0)? (1 check) Intellect Design Arena has a total score of 1/6, see the detailed checks below.
Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.
Full details on the Value part of the Simply Wall St company analysis model.
Future Performance
The future performance of a company is measured in the same way as past
performance, by looking at estimated
growth
and how much profit it is expected to make.Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Earnings growth vs Low Risk Savings
- Intellect Design Arena's earnings growth is expected to exceed the low risk savings rate of 7.6%.
Growth vs Market Checks
- Intellect Design Arena's earnings growth is expected to exceed the India market average.
- Intellect Design Arena's revenue growth is expected to exceed the India market average.
Annual Growth Rates Comparison
| Data Point | Source | Value (per year) |
|---|---|---|
| BSE:538835 Future Earnings Growth Rate | Line of Best Fit* through Consensus Estimate Earnings of 4 Analysts | 27% |
| BSE:538835 Future Revenue Growth Rate | Line of Best Fit* through Consensus Estimate Revenue of 4 Analysts | 17% |
| India Software Industry Earnings Growth Rate | Market Cap Weighted Average | 16.2% |
| India Software Industry Revenue Growth Rate | Market Cap Weighted Average | 12% |
| India Market Earnings Growth Rate | Market Cap Weighted Average | 18.3% |
| India Market Revenue Growth Rate | Market Cap Weighted Average | 11.7% |
*Line of best fit is calculated by linear regression .
Industry and Market average data is calculated daily.
Learn more about our growth rate calculations in Simply Wall St’s analysis model.
Analysts growth expectations
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-03-31 | 20,111 | 2,532 | 2,080 | 3 |
| 2020-03-31 | 17,149 | 1,520 | 1,448 | 4 |
| 2019-03-31 | 14,608 | 967 | 1,224 | 3 |
| Date (Data in INR Millions) | Revenue | Cash Flow | Net Income * |
|---|---|---|---|
| 2018-12-31 | 13,609 | 1,142 | |
| 2018-09-30 | 12,569 | 1,130 | |
| 2018-06-30 | 11,450 | 895 | |
| 2018-03-31 | 10,873 | -33 | 467 |
| 2017-12-31 | 10,307 | 356 | |
| 2017-09-30 | 9,865 | 75 | |
| 2017-06-30 | 9,489 | -154 | |
| 2017-03-31 | 9,136 | -650 | -224 |
| 2016-12-31 | 8,799 | -208 | |
| 2016-09-30 | 8,469 | -171 | |
| 2016-06-30 | 8,236 | -112 | |
| 2016-03-31 | 8,107 | -1,006 | -234 |
*GAAP earnings excluding extraordinary items.
Past and Future Earnings per Share
| Data Point | Source | Value |
|---|---|---|
| Past Financials | Company Filings (3 months ago) | See Below |
| Future Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
All data from Intellect Design Arena Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | EPS * | EPS High Estimate | EPS Low Estimate | Avg. No. Analysts |
|---|---|---|---|---|
| 2021-03-31 | 15.55 | 17.70 | 13.40 | 2.00 |
| 2020-03-31 | 10.87 | 11.30 | 10.60 | 3.00 |
| 2019-03-31 | 9.27 | 9.40 | 9.10 | 3.00 |
| Date (Data in INR Millions) | EPS * |
|---|---|
| 2018-12-31 | 8.91 |
| 2018-09-30 | 8.99 |
| 2018-06-30 | 7.29 |
| 2018-03-31 | 3.97 |
| 2017-12-31 | 3.32 |
| 2017-09-30 | 0.73 |
| 2017-06-30 | -1.45 |
| 2017-03-31 | -2.21 |
| 2016-12-31 | |
| 2016-09-30 | |
| 2016-06-30 | |
| 2016-03-31 | -2.33 |
*GAAP earnings excluding extraordinary items.
Performance in 3 years
In the same way as past performance we look at the future estimated return
(profit) compared to the available
funds. We do this looking forward 3 years.
- Intellect Design Arena is not expected to efficiently use shareholders’ funds in the future (Return on Equity less than 20%).
Future performance checks
We assess Intellect Design Arena's future performance by looking at:- Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
- Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
- Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
- Is the annual earnings growth rate expected to be above 20%? (1 check)
- Is the annual revenue growth rate expected to be above 20%? (1 check)
- Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Intellect Design Arena has a total score of 4/6, see the detailed checks below.
Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.
Full details on the Future part of the Simply Wall St company analysis model.
Past Performance
How has Intellect Design Arena performed over the past 5 years?
The past performance of a company can be measured by how much
growth
it has experienced and how much profit it makes relative to the funds and assets
it has available.
Past earnings growth
Past Earnings growth analysis
- Intellect Design Arena has delivered over 20% year on year earnings growth in the past 5 years.
- Intellect Design Arena's 1-year earnings growth exceeds its 5-year average (220.7% vs 101.1%)
- Intellect Design Arena's earnings growth has exceeded the IN Software industry average in the past year (220.7% vs 21.7%).
Earnings and Revenue History
All data from Intellect Design Arena Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.
| Date (Data in INR Millions) | Revenue | Net Income * | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 2018-12-31 | 13,609.21 | 1,142.39 | 462.74 | |
| 2018-09-30 | 12,568.71 | 1,130.26 | 462.74 | |
| 2018-06-30 | 11,449.75 | 895.13 | ||
| 2018-03-31 | 10,872.91 | 467.26 | 462.74 | |
| 2017-12-31 | 10,306.69 | 356.26 | 412.99 | |
| 2017-09-30 | 9,864.51 | 74.58 | 412.99 | |
| 2017-06-30 | 9,489.41 | -153.59 | 412.99 | |
| 2017-03-31 | 9,135.75 | -223.86 | 412.99 | |
| 2016-12-31 | 8,798.75 | -207.94 | 1,049.98 | -418.38 |
| 2016-09-30 | 8,468.95 | -171.38 | 821.28 | -280.05 |
| 2016-06-30 | 8,236.00 | -112.44 | 585.71 | -140.75 |
| 2016-03-31 | 8,106.56 | -234.50 | 357.13 | |
| 2015-12-31 | 7,545.01 | -606.33 | 1,198.83 | |
| 2015-09-30 | 7,210.17 | -651.32 | 1,198.83 | |
| 2015-06-30 | 6,577.14 | -842.78 | 1,198.83 | |
| 2015-03-31 | 6,087.50 | -829.93 | 285.80 |
*GAAP earnings excluding extraordinary items.
Performance last year
We want to ensure a company is making the most of what it has available. This is
done by comparing the return (profit) to a company's available
funds,
assets
and
capital.
- Intellect Design Arena has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
- Intellect Design Arena used its assets less efficiently than the IN Software industry average last year based on Return on Assets.
- Intellect Design Arena has become profitable over the past 3 years. This is considered to be a significant improvement in its use of capital (Return on Capital Employed).
Past performance checks
We assess Intellect Design Arena's performance over the past 5 years by checking for:- Has earnings increased in past 5 years? (1 check)
- Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
- Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
- Is the Return on Equity (ROE) higher than 20%? (1 check)
- Is the Return on Assets (ROA) above industry average? (1 check)
- Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
Intellect Design Arena has a total score of 4/6, see the detailed checks below.
Note: We use GAAP Net Income excluding extraordinary items in all our calculations.
Full details on the Past part of the Simply Wall St company analysis model.
Health
How is Intellect Design Arena's financial health and their level of debt?
A company's financial position is much like your own financial position,
it includes everything you own
(assets)
and owe
(liabilities).The boxes below represent the relative size of what makes up Intellect Design Arena's finances.
The net worth of a company is the difference between its assets and liabilities.
- Intellect Design Arena is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
- Intellect Design Arena's cash and other short term assets cover its long term commitments.
Balance sheet
Assets
Liabilities and shares
- Low level of unsold assets.
- Debt is covered by short term assets, assets are 7.4x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t
bad,
however if the debt is too high, or the company can’t afford to pay the interest
on its debts this may have impacts in the future.The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.
If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
All data from Intellect Design Arena Company Filings, last reported 3 months ago.
| Date (Data in INR Millions) | Total Equity | Total Debt | Cash & Short Term Investments |
|---|---|---|---|
| 2018-12-31 | 9,434.45 | 1,101.41 | 4,337.08 |
| 2018-09-30 | 9,434.45 | 1,101.41 | 4,337.08 |
| 2018-06-30 | 8,570.90 | 1,286.93 | 3,989.95 |
| 2018-03-31 | 8,570.90 | 1,593.66 | 821.20 |
| 2017-12-31 | 8,118.71 | 1,818.22 | 4,190.44 |
| 2017-09-30 | 8,118.71 | 1,818.22 | 4,190.44 |
| 2017-06-30 | 5,983.44 | 2,323.62 | 1,057.77 |
| 2017-03-31 | 5,983.44 | 2,323.62 | 1,057.77 |
| 2016-12-31 | |||
| 2016-09-30 | |||
| 2016-06-30 | 6,190.46 | 229.06 | 846.00 |
| 2016-03-31 | 6,113.18 | 229.06 | 827.10 |
| 2015-12-31 | 6,095.48 | 88.86 | 1,450.61 |
| 2015-09-30 | 6,095.48 | 88.86 | 1,450.61 |
| 2015-06-30 | 6,192.22 | 77.12 | 2,576.36 |
| 2015-03-31 | 6,192.22 | 77.12 | 2,576.36 |
- Intellect Design Arena's level of debt (11.7%) compared to net worth is satisfactory (less than 40%).
- Unable to establish if Intellect Design Arena's debt level has increased without past 5-year debt data.
- Operating cash flow is negative therefore debt is not well covered.
- Interest payments on debt are well covered by earnings (EBIT is 13.9x coverage).
Financial health checks
We assess Intellect Design Arena's financial health by checking for:- Are short term assets greater than short term liabilities? (1 check)
- Are short term assets greater than long term liabilities? (1 check)
- Has the debt to equity ratio increased in the past 5 years? (1 check)
- Is the debt to equity ratio over 40%? (1 check)
- Is the debt covered by operating cash flow? (1 check)
- Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check) Intellect Design Arena has a total score of 4/6, see the detailed checks below.
- Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
- Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
Full details on the Health part of the Simply Wall St company analysis model.
Dividends
What is Intellect Design Arena's current dividend yield, its reliability and sustainability?
Dividends are regular cash payments to you from the company, similar to a
bank paying you interest on a savings account.
Annual Dividend Income
If you bought
₹2,000 of
Intellect Design Arena
shares you are expected to receive
₹0
in your first year as a dividend.
Dividend Amount
- Unable to evaluate Intellect Design Arena's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
- Unable to evaluate Intellect Design Arena's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not
wildly increasing/decreasing each year. This graph shows you the historical rate
to count toward your assessment of the stock.We also check to see if the dividend has increased in the past 10 years.
| Data Point | Source | Value |
|---|---|---|
| Past Annualized Dividend Yield | S&P Global Market Data | See Below |
| Past Dividends per Share | Company Filings/ Annualized Dividend Payments | See Below |
| Future Dividends per Share Estimates | Average of up to 4 Analyst Estimates (S&P Global) | See Below |
| India Software Industry Average Dividend Yield | Market Cap Weighted Average of 18 Stocks | 2.7% |
| India Market Average Dividend Yield | Market Cap Weighted Average of 1400 Stocks | 1.4% |
| India Minimum Threshold Dividend Yield | 10th Percentile | 0.3% |
| India Bottom 25% Dividend Yield | 25th Percentile | 0.5% |
| India Top 25% Dividend Yield | 75th Percentile | 2% |
Industry and Market average data is calculated daily.
Note all dividend per share amounts are annualized and not quarterly or other period.
| Date (Data in ₹) | Dividend per Share (annual) | Avg. No. Analysts |
|---|---|---|
| 2021-03-31 | ||
| 2020-03-31 | ||
| 2019-03-31 |
Learn more about our ratios and growth rates in Simply Wall St’s analysis model >
- Unable to perform a dividend volatility check as Intellect Design Arena has not reported any payouts.
- Unable to verify if Intellect Design Arena's dividend has been increasing as the company has not reported any payouts.
Income/ dividend checks
We assess Intellect Design Arena's dividend by checking for:- Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
- Is current dividend yield above the bottom 25% of dividend payers? (1 check)
- Is current dividend yield above the top 25% of dividend payers? (1 check)
- Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
- If they have paid a dividend for 10 years has it increased in this time? (1 check)
- How sustainable is the dividend, can Intellect Design Arena afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks) Intellect Design Arena has a total score of 0/6, see the detailed checks below.
Full details on the Dividends part of the Simply Wall St company analysis model.
Management
CEO
| COMPENSATION | ₹0 |
| AGE | 59 |
| TENURE AS CEO | 4.7 years |
CEO Bio
Mr. Arun Jain, B.E., founded Polaris Consulting & Services Limited (also known as Polaris Financial Technology Limited and Polaris Software Lab Ltd.) in 1993. Mr. Jain serves as Chief Executive Officer of Polaris at IndigoTX Software Private Limited. Mr. Jain has been the Chairman and Managing Director of Intellect Design Arena Limited since September 24, 2014 and August 30, 2014. Mr. Jain served as Vice President of Marketing at Voltaire, Inc. Mr. Jain served as Managing Director from June 1996 to November 7, 2014 and also served as its Compliance Officer from October 2014 to November 07, 2014. He served as the Managing Director of Polaris Financial Technology Limited since June 1996 until November 7, 2014 and served as its Chief Executive Officer and Promoter. Mr. Jain served as Chief Architect of Polaris Financial Technology Limited. He serves as the Chairman of Voltaire, Inc., Adrenalin eSystems Limited and Banyan Networks Limited. Mr. Jain serves as Chairman of Polaris of IndigoTX Software Private Limited. He serves as a Non Executive Director of Adrenalin eSystems Limited. He served as an Executive Director of Polaris Consulting & Services Limited from 1993 to March 4, 2016 and its Executive Chairman until March 4, 2016. Mr. Jain serves as a Director of Polaris Financial Technology Limited, United Kingdom, Polaris Software Lab Pte Ltd., Singapore, Polaris Software Lab Pty Ltd., Australia, Polaris Software Lab Ireland Ltd., Ireland, Polaris Software Lab Japan K.K., Japan, Polaris Retail Infotech Limited, India and Optimus Outsourcing Company Limited, India all subsidiaries of Polaris Software Lab Ltd. Mr. Jain serves as a Director in Polaris Holdings Limited, Banyan Networks Pvt Limited, Nilgiri Network Pvt. Limited, Maverick Systems Limited, n-Logue Communications Pvt. Ltd. and EmPower Works Limited. He served as a Director of IdenTrust, Inc. Mr. Jain is a first generation entrepreneur. He served as Chairman of Tamil Nadu State Council, Confederation of Indian Industry (CII) – Southern Region from 2003 to 2004 and Chairman of Indo-American Chamber of Commerce – Tamil Nadu Branch from 2001 to 2002. He served on the Board of Madras Stock Exchange Ltd. and Board of Xavier's Institute of Management, Bhubaneswar, India. He served as the Chairman of CII BANKing TECH Summit 2014. He serves as a Member of the Advisory Council of the Software Technology Parks of India (STPI) and a Member of the Governing Council of the National Institute of Electronics and Information Technology (NIELIT), Department of Electronics and Information Technology, Govt. of India. He Secretary a Member of the Managing Committee of MMA (Madras Management Association) and also the SEN (Social Engineering Network), and Ambassador at YPO (Young President Organisation). In 1983 he started International Information Systems and undertook various software projects in India. In 1985, he left for United States of America for a six months training at Wang Computers, U.S.A. and obtained a Green Card. Mr. Jain returned to India in 1986 and formed Nucleus Software Workshop Pvt. Ltd., where he was actively involved in developing systems for Citibank (India) restructuring the groups export activities. He is the recipient of prestigious accolades including the ‘Indo-ASEAN Business Initiative Award’ and the 'ICICI Venture – CII Connect Entrepreneur Award'. His contribution was recognized by the Times Group, with an award and a feature in a book titled ‘Pathfinders’ that lauds the achievements of extraordinary personalities in the IT & ITES industry. He is a leading proponent of ‘Design Thinking’. Apart from recognizing the level of differentiation. He is a Social Engineer. Mr. Jain holds a degree in Electrical Engineering from the Delhi College of Engineering.
CEO Compensation
- Insufficient data for Arun to compare compensation growth.
- Arun's remuneration is lower than average for companies of similar size in India.
Management Team Tenure
Average tenure and age of the Intellect Design Arena management team in years:
- The tenure for the Intellect Design Arena management team is about average.
Management Team
Arun Jain
Chairman & MD
59
4.7 yrs
V. Naresh
VP, Compliance Officer & Company Secretary
₹3M
4.5 yrs
Anil Verma
Executive Director
₹18M
63
Venkat Saranu
Chief Financial Officer
46
0.8 yrs
Ganesh Balaji
Chief Technology Officer
Govind Govindarajan
Global Head of Administration
Praveen Malik
Vice President of Investor Relations
A. Ravi Shankar
SVP of Legal & General Counsel
Jean-Pierre Arens
Head of Business Development
Govind Singhal
Chief Human Resources & Group Business Enablement Officer
₹15M
57
2.6 yrs
Board of Directors Tenure
Average tenure and age of the Intellect Design Arena board of directors in years:
- The tenure for the Intellect Design Arena board of directors is about average.
Board of Directors
Arun Jain
Chairman & MD
59
4.6 yrs
Anil Verma
Executive Director
₹18M
63
4.6 yrs
Andrew England
Head of Strategy - Intellect Global Transaction Banking & Non-Executive Director
0.5 yrs
V. Krishnan
Independent Director
₹1M
72
4.5 yrs
Arun Aran
Independent Director
₹1M
59
2.8 yrs
Aruna Rao
Independent Director
59
4.5 yrs
Vijaya R. Sampath
Independent Director
64
0.5 yrs
Who owns this company?
Recent Insider Transactions
| Announced | Type | Name | Entity | Role | Start | End | Shares | Max Price (₹) | Value (₹) | |
|---|---|---|---|---|---|---|---|---|---|---|
| 10. Sep 18 | Buy | Amit Gupta | Individual | 06. Sep 18 | 07. Sep 18 | 20,000 | ₹262.57 | ₹5,251,384 | ||
| 12. Sep 18 | Buy | Uday Jain | Individual | 06. Sep 18 | 06. Sep 18 | 468,750 | ₹192.00 | ₹89,999,992 | ||
| 12. Sep 18 | Buy | Manju Jain | Individual | 06. Sep 18 | 06. Sep 18 | 1,927,080 | ₹192.00 | ₹369,999,329 | ||
| 12. Sep 18 | Buy | Pranav Pasricha | Individual | 06. Sep 18 | 06. Sep 18 | 26,040 | ₹192.00 | ₹4,999,680 | ||
| 12. Sep 18 | Buy | Manish Maakan | Individual | 06. Sep 18 | 06. Sep 18 | 52,080 | ₹192.00 | ₹9,999,359 | ||
| 12. Sep 18 | Buy | Jaideep Billa | Individual | 06. Sep 18 | 06. Sep 18 | 13,020 | ₹192.00 | ₹2,499,840 | ||
| 12. Sep 18 | Buy | Arun Jain | Individual | 06. Sep 18 | 06. Sep 18 | 2,460,945 | ₹192.00 | ₹472,501,400 | ||
| 12. Jun 18 | Buy | Polaris Banyan Holdings Private Limited | Company | 08. Jun 18 | 11. Jun 18 | 100,000 | ₹213.71 | ₹20,848,622 | ||
| 08. Jun 18 | Buy | Arun Jain | Individual | 05. Jun 18 | 05. Jun 18 | 100,000 | ₹184.69 | ₹18,468,859 | ||
Management checks
We assess Intellect Design Arena's management by checking for:- Is the CEO's compensation unreasonable compared to market cap? (1 check)
- Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
- Is the average tenure of the management team less than 2 years? (1 check)
- Is the average tenure of the board of directors team less than 3 years? (1 check) Intellect Design Arena has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.
Note: We use the top 6 management executives and board members in our calculations.
Note 2: Insider trading include any internal stakeholders and these transactions .
Full details on the Management part of the Simply Wall St company analysis model.
Company Info
Description
Intellect Design Arena Limited provides software development and support services for banking, insurance, and other financial services in India and internationally. The company offers platforms and products, such as iGCB, a full-spectrum suite of consumer banking products comprising digital core, digital lending, digital wealth, and quantum central banking; iRTM, a risk, treasury, and markets platform; iGTB, a digital transaction banking platform; iRTM, a complete front to back, and cross assets solution with embedded straight through processing; iWealth, which manages the complete life-cycle of asset management; Intellect OneMARKETS, a digital platform that supports straight-through processing, direct market access, and high speed execution across various asset classes and market segments; and Intellect SEEC, an insurance solution for digital distribution, commercial underwriting and risk analytics, and life claims, as well as provides front office tools that enhances customer experience. It also develops, sells, and licenses products, as well as implements customization support based on the contracts with its customers. The company was formerly known as Fin Tech Grid Limited. Intellect Design Arena Limited was incorporated in 2011 and is headquartered in Chennai, India.
Details
| Name: | Intellect Design Arena Limited |
| 538835 | |
| Exchange: | BSE |
| Founded: | 2011 |
| ₹29,346,229,030 | |
| 131,774,715 | |
| Website: | http://www.intellectdesign.com |
| Address: |
Intellect Design Arena Limited Plot No. 3/G-3, SIPCOT IT Park, Siruseri, Chennai, Tamil Nadu, 600130, India |
Listings
| Exchange Symbol | Ticker Symbol | Security | Exchange | Country | Currency | Listed on | |
|---|---|---|---|---|---|---|---|
| BSE | 538835 | Equity Shares | Mumbai Stock Exchange | IN | INR | 18. Dec 2014 | |
| NSEI | INTELLECT | Equity Shares | National Stock Exchange of India | IN | INR | 18. Dec 2014 |
Number of employees
Current staff
Industry
| Application Software | |
| Software |
Company Analysis and Financial Data Status
| Area | Date (UTC time) |
|---|---|
| Company Analysis updated: | 2019/04/24 12:57 |
| End of day share price update: | 2019/04/24 00:00 |
| Last estimates confirmation: | 2019/04/04 |
| Last earnings filing: | 2019/01/28 |
| Last earnings reported: | 2018/12/31 |
| Last annual earnings reported: | 2018/03/31 |
All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.
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.
