BSE:539678

Stock Analysis Report

Quick Heal Technologies

Executive Summary

Quick Heal Technologies Limited provides security software products and solutions to consumer, small businesses, government establishments, and corporate houses in India and internationally.


Snowflake Analysis

Flawless balance sheet and fair value.


Similar Companies

Share Price & News

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


Latest Share Price and Events

Stable Share Price: 539678's share price has been volatile over the past 3 months.


Market Performance


7 Day Return

12.4%

539678

9.8%

IN Software

9.3%

IN Market


1 Year Return

-58.3%

539678

-45.5%

IN Software

-24.1%

IN Market

Return vs Industry: 539678 underperformed the Indian Software industry which returned -48.1% over the past year.

Return vs Market: 539678 underperformed the Indian Market which returned -27.6% over the past year.


Shareholder returns

539678IndustryMarket
7 Day12.4%9.8%9.3%
30 Day-5.4%-21.5%-12.6%
90 Day-29.7%-31.6%-24.1%
1 Year-56.2%-58.3%-44.6%-45.5%-22.6%-24.1%
3 Year-60.4%-63.1%-41.5%-46.5%-10.9%-15.8%
5 Yearn/a-33.5%-42.9%0.3%-4.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

20.3%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: 539678 (₹93.2) is trading below our estimate of fair value (₹110.91)

Significantly Below Fair Value: 539678 is trading below fair value, but not by a significant amount.


Price To Earnings Ratio

PE vs Industry: 539678 is good value based on its PE Ratio (6.6x) compared to the Software industry average (7.7x).

PE vs Market: 539678 is good value based on its PE Ratio (6.6x) compared to the Indian market (9.6x).


Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate 539678's PEG Ratio to determine if it is good value.


Price to Book Ratio

PB vs Industry: 539678 is overvalued based on its PB Ratio (0.9x) compared to the IN Software industry average (0.7x).


Next Steps

Future Growth

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

14.4%

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 Quick Heal 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 Quick Heal Technologies performed over the past 5 years?

17.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: 539678 has high quality earnings.

Growing Profit Margin: 539678's current net profit margins (30.6%) are lower than last year (32.6%).


Past Earnings Growth Analysis

Earnings Trend: 539678's earnings have grown by 17.4% per year over the past 5 years.

Accelerating Growth: 539678's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: 539678 had negative earnings growth (-16.9%) over the past year, making it difficult to compare to the Software industry average (-4%).


Return on Equity

High ROE: 539678's Return on Equity (14.1%) is considered low.


Next Steps

Financial Health

How is Quick Heal Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: 539678's short term assets (₹5.1B) exceed its short term liabilities (₹523.2M).

Long Term Liabilities: 539678's short term assets (₹5.1B) exceed its long term liabilities (₹24.2M).


Debt to Equity History and Analysis

Debt Level: 539678 is debt free.

Reducing Debt: 539678 has not had any debt for past 5 years.

Debt Coverage: 539678 has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: 539678 has no debt, therefore coverage of interest payments is not a concern.


Balance Sheet


Next Steps

Dividend

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

4.34%

Current Dividend Yield


Dividend Yield vs Market

Notable Dividend: 539678's dividend (4.29%) is higher than the bottom 25% of dividend payers in the Indian market (0.91%).

High Dividend: 539678's dividend (4.29%) is in the top 25% of dividend payers in the Indian market (3.92%)


Stability and Growth of Payments

Stable Dividend: 539678 has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: 539678'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 (14.3%), 539678'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?

2.3yrs

Average management tenure


CEO

Kailash Katkar (52yo)

no data

Tenure

₹14,636,420

Compensation

Mr. Kailash Sahebrao Katkar co-founded Quick Heal Technologies Limited in 1993 and serves as its Chairman of the Board, Chief Executive Officer and Managing Director. Mr. Katkar is responsible for managing ...


CEO Compensation Analysis

Compensation vs Market: Kailash's total compensation ($USD193.53K) is above average for companies of similar size in the Indian market ($USD47.85K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Kailash Katkar
Chairman of the Boardno data₹14.64m29.27% 1.7b
Sanjay Katkar
Co-Founder4.67yrs₹14.64m36.42% 2.2b
Nitin Kulkarni
Chief Financial Officer1.92yrsno datano data
Anupama Katkar
Vice President of Human Resourcesno datano data7.14% 422.5m
Vinav Agarwal
Assistant Company Secretary & Compliance Officer1.25yrsno datano data
Reetu Raina
Chief Human Resource Officer0.33yrno datano data
Deepak Mishra
Head of Retail Sales2.58yrsno datano data
Surender Bishnoi
Head of UTM Sales2.58yrsno datano data
Deepak Kalera
Finance Controller6yrs₹1.84mno data
Srinivasa Anasingaraju
Company Secretary0.92yrno datano data

2.3yrs

Average Tenure

48.5yo

Average Age

Experienced Management: 539678's management team is considered experienced (2.3 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Kailash Katkar
Chairman of the Boardno data₹14.64m29.27% 1.7b
Sanjay Katkar
Co-Founder4.67yrs₹14.64m36.42% 2.2b
Amitabha Mukhopadhyay
Additional Non-Executive Independent Director0.83yrno datano data
Mehul Savla
Non-Executive Independent Director4.58yrs₹200.00kno data
Shailesh Lakhani
Non-Executive Director4.58yrsno datano data
Priti Rao
Non-Executive Independent Director2yrs₹280.00kno data
Apurva Joshi
Non-Executive Independent Director4.58yrs₹300.00kno data

4.6yrs

Average Tenure

49yo

Average Age

Experienced Board: 539678's board of directors are considered experienced (4.6 years average tenure).


Ownership

Who are the major shareholders and have insiders been buying or selling?


Insider Trading Volume

Insider Buying: 539678 insiders have bought more shares than they have sold in the past 3 months.


Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.


Top Shareholders

Company Information

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


Key Information

  • Name: Quick Heal Technologies Limited
  • Ticker: 539678
  • Exchange: BSE
  • Founded: 1993
  • Industry: Systems Software
  • Sector: Software
  • Market Cap: ₹5.916b
  • Shares outstanding: 64.20m
  • Website: https://www.quickheal.co.in

Number of Employees


Location

  • Quick Heal Technologies Limited
  • Marvel Edge
  • Office No. 7010 C & D
  • Pune
  • Maharashtra
  • 411014
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
539678BSE (Mumbai Stock Exchange)YesEquity SharesININRFeb 2016
QUICKHEALNSEI (National Stock Exchange of India)YesEquity SharesININRFeb 2016

Biography

Quick Heal Technologies Limited provides security software products and solutions to consumer, small businesses, government establishments, and corporate houses in India and internationally. The company offers cloud-based products under the Quick Heal and Seqrite brands. It also offers technical service and after-sales support services. The company sells its products through a network of service providers, system-integrators, resellers, and distributors. Quick Heal Technologies Limited was founded in 1993 and is based in Pune, India. 


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/04/09 14:07
End of Day Share Price2020/04/09 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.