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Quick Heal Technologies

NSEI:QUICKHEAL
Snowflake Description

Flawless balance sheet with solid track record.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
QUICKHEAL
NSEI
₹16B
Market Cap
  1. Home
  2. IN
  3. Software
Company description

Quick Heal Technologies Limited provides security software products and solutions to consumer, mobile, and corporate customers in India and internationally. The last earnings update was 65 days ago. More info.


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QUICKHEAL Share Price and Events
7 Day Returns
4.2%
NSEI:QUICKHEAL
1.2%
IN Software
1.1%
IN Market
1 Year Returns
-29.2%
NSEI:QUICKHEAL
-15.6%
IN Software
-0.9%
IN Market
QUICKHEAL Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Quick Heal Technologies (QUICKHEAL) 4.2% 1.6% 11.4% -29.2% -8.2% -
IN Software 1.2% 3.4% -4.5% -15.6% -4.7% 26.3%
IN Market 1.1% 1.8% 5.7% -0.9% 41% 72.2%
1 Year Return vs Industry and Market
  • QUICKHEAL underperformed the Software industry which returned -15.6% over the past year.
  • QUICKHEAL underperformed the Market in India which returned -0.9% over the past year.
Price Volatility
QUICKHEAL
Industry
5yr Volatility vs Market

Value

 Is Quick Heal Technologies undervalued based on future cash flows and its price relative to the stock market?

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 Quick Heal Technologies 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.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for Quick Heal Technologies.

NSEI:QUICKHEAL Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model 2 Stage Free Cash Flow to Equity
Levered Free Cash Flow Extrapolated from most recent financials. See below
Discount Rate (Cost of Equity) See below 16.9%
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.

Calculation of Discount Rate/ Cost of Equity for NSEI:QUICKHEAL
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 1.13
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 1.134 (1 + (1- 35%) (0%))
1.09
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.09
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 7.55% + (1.09 * 8.6%)
16.92%

Discounted Cash Flow Calculation for NSEI:QUICKHEAL using 2 Stage Free Cash Flow to Equity Model

The calculations below outline how an intrinsic value for Quick Heal Technologies 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.

NSEI:QUICKHEAL DCF 1st Stage: Next 10 year cash flow forecast
Levered FCF (INR, Millions) Source Present Value
Discounted (@ 16.92%)
2019 586.42 Est @ 10.73% 501.56
2020 643.74 Est @ 9.77% 470.91
2021 702.37 Est @ 9.11% 439.44
2022 763.06 Est @ 8.64% 408.32
2023 826.49 Est @ 8.31% 378.27
2024 893.31 Est @ 8.08% 349.68
2025 964.09 Est @ 7.92% 322.78
2026 1,039.40 Est @ 7.81% 297.63
2027 1,119.78 Est @ 7.73% 274.25
2028 1,205.76 Est @ 7.68% 252.57
Present value of next 10 years cash flows ₹3,695.40
NSEI:QUICKHEAL DCF 2nd Stage: Terminal Value
Calculation Result
Terminal Value = FCF2028 × (1 + g) ÷ (Discount Rate – g)
= ₹1,205.76 × (1 + 7.55%) ÷ (16.92% – 7.55%)
₹13,840.12
Present Value of Terminal Value = Terminal Value ÷ (1 + r)10
= ₹13,840.12 ÷ (1 + 16.92%)10
₹2,899.07
NSEI:QUICKHEAL Total Equity Value
Calculation Result
Total Equity Value = Present value of next 10 years cash flows + Terminal Value
= ₹3,695.40 + ₹2,899.07
₹6,594.47
Equity Value per Share
(INR)
= Total value / Shares Outstanding
= ₹6,594.47 / 70.56
₹93.45
NSEI:QUICKHEAL Discount to Share Price
Calculation Result
Non-primary Listing Adjustment Factor 1 share in NSEI:QUICKHEAL represents 0.99978x of BSE:539678
(This could be a different class, a depositary receipt, a different currency, or all of these things.)
0.99978x
Value per Share
(Listing Adjusted, INR)
= Value per Share (INR) x Listing Adjustment Factor
= ₹ 93.45 x 0.99978
₹93.43
Value per share (INR) From above. ₹93.43
Current discount Discount to share price of ₹230.30
= -1 x (₹230.30 - ₹93.43) / ₹93.43
-146.5%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of Quick Heal Technologies is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
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 Quick Heal Technologies's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Quick Heal Technologies's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:QUICKHEAL PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-12-31) in INR ₹11.82
BSE:539678 Share Price ** BSE (2019-04-18) in INR ₹230.35
India Software Industry PE Ratio Median Figure of 48 Publicly-Listed Software Companies 16.08x
India Market PE Ratio Median Figure of 2,736 Publicly-Listed Companies 16.34x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Quick Heal Technologies.

NSEI:QUICKHEAL PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= BSE:539678 Share Price ÷ EPS (both in INR)

= 230.35 ÷ 11.82

19.49x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quick Heal Technologies is overvalued based on earnings compared to the IN Software industry average.
  • Quick Heal Technologies is overvalued based on earnings compared to the India market.
Price based on expected Growth
Does Quick Heal Technologies's expected growth come at a high price?
Raw Data
NSEI:QUICKHEAL PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 19.49x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
3.9%per year
India Software Industry PEG Ratio Median Figure of 9 Publicly-Listed Software Companies 0.94x
India Market PEG Ratio Median Figure of 584 Publicly-Listed Companies 1.32x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Quick Heal Technologies, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Quick Heal Technologies's assets?
Raw Data
NSEI:QUICKHEAL PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-12-31) in INR ₹102.84
BSE:539678 Share Price * BSE (2019-04-18) in INR ₹230.35
India Software Industry PB Ratio Median Figure of 66 Publicly-Listed Software Companies 1.21x
India Market PB Ratio Median Figure of 3,627 Publicly-Listed Companies 1.11x
NSEI:QUICKHEAL PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= BSE:539678 Share Price ÷ Book Value per Share (both in INR)

= 230.35 ÷ 102.84

2.24x

* Primary Listing of Quick Heal Technologies.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quick Heal Technologies is overvalued based on assets compared to the IN Software industry average.
X
Value checks
We assess Quick Heal Technologies's value by looking at:
  1. 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. )
  2. Is the PE ratio less than the market average, and/ or less than the Software industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Software industry average (and greater than 0)? (1 check)
  5. Quick Heal Technologies has a total score of 0/6, 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

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

  • No analysts cover Quick Heal Technologies, future earnings growth has been estimated based on fundamentals.
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!
Annual Growth Rate
3.9%
Expected annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Quick Heal Technologies expected to grow at an attractive rate?
  • Quick Heal Technologies's earnings growth is positive but not above the low risk savings rate of 7.6%.
Growth vs Market Checks
  • Quick Heal Technologies's earnings growth is positive but not above the India market average.
  • Unable to compare Quick Heal Technologies's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:QUICKHEAL Future Growth Rates Data Sources
Data Point Source Value (per year)
NSEI:QUICKHEAL Future Earnings Growth Rate Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts 3.9%
India Software Industry Earnings Growth Rate Market Cap Weighted Average 16.6%
India Software Industry Revenue Growth Rate Market Cap Weighted Average 12.1%
India Market Earnings Growth Rate Market Cap Weighted Average 18.6%
India Market Revenue Growth Rate Market Cap Weighted Average 11.8%

*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
Raw Data
NSEI:QUICKHEAL Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:QUICKHEAL Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2018-12-31 3,476 1,133
2018-09-30 3,452 1,040
2018-06-30 3,411 1,004
2018-03-31 3,183 939 830
2017-12-31 2,907 560
2017-09-30 2,810 510
2017-06-30 2,827 474
2017-03-31 3,000 358 532
2016-12-31 3,572 680
2016-09-30 3,581 634
2016-06-30 3,371 525
2016-03-31 3,021 777 579

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Quick Heal Technologies's earnings are expected to grow by 3.9% yearly, however this is not considered high growth (20% yearly).
  • Unable to determine if Quick Heal Technologies is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:QUICKHEAL 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 0 Analyst Estimates (S&P Global) See Below

All data from Quick Heal Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:QUICKHEAL Past Financials Data
Date (Data in INR Millions) EPS *
2018-12-31
2018-09-30
2018-06-30
2018-03-31 11.82
2017-12-31
2017-09-30
2017-06-30
2017-03-31 7.60
2016-12-31
2016-09-30
2016-06-30
2016-03-31 9.29

*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.
  • Unable to establish if Quick Heal Technologies will efficiently use shareholders’ funds in the future without estimates of Return on Equity.
X
Future performance checks
We assess Quick Heal Technologies's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Quick Heal Technologies has a total score of 0/6, 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 Quick Heal Technologies 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
Below we compare Quick Heal Technologies's growth in the last year to its industry (Software).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Quick Heal Technologies's year on year earnings growth rate has been positive over the past 5 years.
  • Quick Heal Technologies's 1-year earnings growth exceeds its 5-year average (102.2% vs 15.3%)
  • Quick Heal Technologies's earnings growth has exceeded the IN Software industry average in the past year (102.2% vs 21.7%).
Earnings and Revenue History
Quick Heal Technologies's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Quick Heal Technologies Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:QUICKHEAL Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-12-31 3,476.17 1,132.55 1,289.23 1.38
2018-09-30 3,451.56 1,040.45 1,354.10 3.17
2018-06-30 3,410.87 1,004.22 1,321.55 -0.46
2018-03-31 3,183.15 830.05 1,348.16
2017-12-31 2,907.06 560.24 1,306.97 -67.61
2017-09-30 2,810.12 509.91 1,256.39 -43.94
2017-06-30 2,827.43 473.87 1,023.25 -14.40
2017-03-31 2,999.73 532.27 1,268.62
2016-12-31 3,572.40 679.80 1,433.66 43.90
2016-09-30 3,581.00 633.70 1,444.36 33.90
2016-06-30 3,371.00 525.00 1,415.55 19.20
2016-03-31 3,020.90 579.08 1,229.63
2015-03-31 2,861.16 538.04 1,098.67
2014-03-31 2,428.38 583.82 1,161.90
2013-03-31 2,050.05 768.99 814.66

*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.
  • Quick Heal Technologies has not efficiently used shareholders’ funds last year (Return on Equity less than 20%).
  • Quick Heal Technologies used its assets more efficiently than the IN Software industry average last year based on Return on Assets.
  • Quick Heal Technologies has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
X
Past performance checks
We assess Quick Heal Technologies's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Software industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Quick Heal Technologies has a total score of 5/6, 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 Quick Heal Technologies'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 Quick Heal Technologies's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Quick Heal Technologies is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Quick Heal Technologies's cash and other short term assets cover its long term commitments.
Balance sheet
This treemap shows a more detailed breakdown of Quick Heal Technologies's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • High level of physical assets or inventory.
  • Quick Heal Technologies has no debt, it does not need to be covered by short term assets.
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.
Raw Data

All data from Quick Heal Technologies Company Filings, last reported 3 months ago.

NSEI:QUICKHEAL Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2018-12-31 7,613.87 0.00 4,812.78
2018-09-30 7,447.13 0.00 4,753.74
2018-06-30 7,238.67 0.00 4,518.42
2018-03-31 7,238.67 0.00 4,518.42
2017-12-31
2017-09-30
2017-06-30 6,510.50 0.00 3,955.20
2017-03-31 6,616.61 0.00 3,844.52
2016-12-31 6,394.10 0.00 3,634.40
2016-09-30 6,391.30 0.00 3,670.30
2016-06-30 6,258.20 0.00 3,794.20
2016-03-31 6,293.51 0.00 3,803.75
2015-03-31 3,314.40 0.00 1,422.48
2014-03-31 3,323.61 0.00 1,409.19
2013-03-31 2,849.80 0.00 1,497.24
  • Quick Heal Technologies has no debt.
  • Quick Heal Technologies has not taken on any debt in the past 5 years.
  • Quick Heal Technologies has no debt, it does not need to be covered by operating cash flow.
  • Quick Heal Technologies has no debt, therefore coverage of interest payments is not a concern.
X
Financial health checks
We assess Quick Heal Technologies's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Quick Heal Technologies has a total score of 6/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. 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 Quick Heal Technologies'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
Dividend payments
1.3%
Current annual income from Quick Heal Technologies dividends.
If you bought ₹2,000 of Quick Heal Technologies shares you are expected to receive ₹26 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Quick Heal Technologies's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.5%).
  • Quick Heal Technologies's dividend is below the markets top 25% of dividend payers in India (1.94%).
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.
Raw Data
NSEI:QUICKHEAL Annualized Past and Future Dividends
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 0 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 1.9%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:QUICKHEAL Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2018-05-11 3.000 1.319
2018-05-10 3.000 0.888
2017-08-31 2.500 0.994
2017-05-15 2.500 1.205
2016-08-16 2.500 1.019
2016-05-11 2.500 0.974
2016-02-18 7.500 3.206

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Quick Heal Technologies has been paying a dividend for less than 10 years and during this time payments have been volatile (annual drop of over 20%).
  • Quick Heal Technologies has only been paying a dividend for 3 years, and since then dividends per share have fallen.
Current Payout to shareholders
What portion of Quick Heal Technologies's earnings are paid to the shareholders as a dividend.
  • Dividends paid are well covered by earnings (3.9x coverage).
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Quick Heal Technologies's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.3%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Quick Heal Technologies afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Quick Heal Technologies has a total score of 2/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

Management

 What is the CEO of Quick Heal Technologies's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Kailash Katkar
COMPENSATION ₹12,488,338
AGE 51
CEO Bio

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 sales, marketing, customer services, technical support and order administration functions nationwide. In his initial role he established a nationwide dealers and distributor network in major cities of India. Since year 2000, he started handling Quick Heal exports through International distributors. Mr. Katkar for his exemplary contribution in the field of IT as a promising and emerging Entrepreneur he received Rotary Recognition award on October 11, 2003. He received Entrepreneurs International Honors for his significant achievement as a First Generation Entrepreneur on 9th Entrepreneurs Day on July 29, 2002. He has been a Director at Quick Heal Technologies (P) Ltd since August 28, 2015.

CEO Compensation
  • Kailash's compensation has been consistent with company performance over the past year.
  • Kailash's remuneration is about average for companies of similar size in India.
Management Team Tenure

Average tenure and age of the Quick Heal Technologies management team in years:

1.6
Average Tenure
47
Average Age
  • The average tenure for the Quick Heal Technologies management team is less than 2 years, this suggests a new team.
Management Team

Kailash Katkar

TITLE
Chairman of the Board
COMPENSATION
₹12M
AGE
51

Sanjay Katkar

TITLE
Co-Founder
COMPENSATION
₹12M
AGE
48
TENURE
26.3 yrs

Vijay Mhaskar

TITLE
Chief Operating Officer
TENURE
2.6 yrs

Anupama Katkar

TITLE
Vice President of Human Resources
AGE
47

Nitin Kulkarni

TITLE
Chief Financial Officer
AGE
49
TENURE
0.9 yrs

Vinav Agarwal

TITLE
Associate Company Secretary & Compliance Officer'
AGE
29
TENURE
0.3 yrs

Deepak Mishra

TITLE
Head of Retail Sales
TENURE
1.6 yrs

Surender Bishnoi

TITLE
Head of UTM Sales
TENURE
1.6 yrs

Deepak Kalera

TITLE
Finance Controller
COMPENSATION
₹2M
AGE
41
TENURE
5 yrs

Abhijit Kulkarni

TITLE
Associate Director of Security Labs
COMPENSATION
₹5M
AGE
38
Board of Directors Tenure

Average tenure and age of the Quick Heal Technologies board of directors in years:

3.6
Average Tenure
48
Average Age
  • The tenure for the Quick Heal Technologies board of directors is about average.
Board of Directors

Kailash Katkar

TITLE
Chairman of the Board
COMPENSATION
₹12M
AGE
51

Sanjay Katkar

TITLE
Co-Founder
COMPENSATION
₹12M
AGE
48
TENURE
3.7 yrs

Mehul Savla

TITLE
Non-Executive Independent Director
COMPENSATION
₹150K
AGE
43
TENURE
3.6 yrs

Priti Rao

TITLE
Additional Independent Director
AGE
59
TENURE
1 yrs

Manu Parpia

TITLE
Independent Director
AGE
68
TENURE
0.9 yrs

Shailesh Lakhani

TITLE
Non-Executive Director
AGE
40
TENURE
3.6 yrs

Apurva Joshi

TITLE
Non-Executive Independent Director
COMPENSATION
₹200K
AGE
29
TENURE
3.6 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess Quick Heal Technologies's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Quick Heal Technologies 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.

News

Simply Wall St News

Imagine Owning Quick Heal Technologies (NSE:QUICKHEAL) And Wondering If The 27% Share Price Slide Is Justified

For example, the Quick Heal Technologies Limited (NSE:QUICKHEAL) share price is down 27% in the last year. … One way to examine how market sentiment has changed over time is to look at the interaction between a company's share price and its earnings per share (EPS). … Even though the Quick Heal Technologies share price is down over the year, its EPS actually improved.

Simply Wall St -

Can Quick Heal Technologies Limited's (NSE:QUICKHEAL) ROE Continue To Surpass The Industry Average?

With that in mind, this article will work through how we can use Return On Equity (ROE) to better understand a business. … To keep the lesson grounded in practicality, we'll use ROE to better understand Quick Heal Technologies Limited (NSE:QUICKHEAL). … Quick Heal Technologies has a ROE of 15%, based on the last twelve months.

Simply Wall St -

Here's What Quick Heal Technologies Limited's (NSE:QUICKHEAL) P/E Is Telling Us

To keep it practical, we'll show how Quick Heal Technologies Limited's (NSE:QUICKHEAL) P/E ratio could help you assess the value on offer. … Quick Heal Technologies has a price to earnings ratio of 19.52, based on the last twelve months. … How Do You Calculate Quick Heal Technologies's P/E Ratio

Simply Wall St -

Quick Heal Technologies Limited (NSE:QUICKHEAL) Earns A Nice Return On Capital Employed

To be precise, we'll consider its Return On Capital Employed (ROCE), as that will inform our view of the quality of the business. … Return On Capital Employed (ROCE): What is it? … ROCE is a measure of a company's yearly pre-tax profit (its return), relative to the capital employed in the business.

Simply Wall St -

A Look At Quick Heal Technologies Limited's (NSE:QUICKHEAL) Exceptional Fundamentals

Help shape the future of investing tools and you could win a $250 gift card! … Quick Heal Technologies Limited (NSE:QUICKHEAL) is a company with exceptional fundamental characteristics. … is a company with great financial health as well as a

Simply Wall St -

Is Quick Heal Technologies Limited (NSE:QUICKHEAL) A Good Dividend Stock?

Quick Heal Technologies Limited (NSE:QUICKHEAL) has paid a dividend to shareholders in the last few years. … Does Quick Heal Technologies tick all the boxes of a great dividend stock? … Check out our latest analysis for Quick Heal Technologies?

Simply Wall St -

How Does Investing In Quick Heal Technologies Limited (NSE:QUICKHEAL) Impact The Volatility Of Your Portfolio?

In finance, Beta is a measure of volatility. … Beta is a widely used metric to measure a stock's exposure to market risk (volatility). … Before we go on, it's worth noting that Warren Buffett pointed out in his 2014 letter to shareholders that 'volatility is far from synonymous with risk.' Having said that, beta can still be rather useful.

Simply Wall St -

Do Institutions Own Quick Heal Technologies Limited (NSE:QUICKHEAL) Shares?

If you want to know who really controls Quick Heal Technologies Limited (NSE:QUICKHEAL), then you'll have to look at the makeup of its share registry. … Quick Heal Technologies is not a large company by global standards. … See our latest analysis for Quick Heal Technologies

Simply Wall St -

Quick Heal Technologies Limited (NSE:QUICKHEAL): What Are Investors Earning On Their Capital?

and want to begin learning the link between Quick Heal Technologies Limited (NSE:QUICKHEAL)’s return fundamentals and stock market performance. … Quick Heal Technologies stock represents an ownership share in the company. … To understand Quick Heal Technologies’s capital returns we will look at a useful metric called return on capital employed.

Simply Wall St -

Does Quick Heal Technologies Limited's (NSE:QUICKHEAL) P/E Ratio Signal A Buying Opportunity?

We'll show how you can use Quick Heal Technologies Limited's (NSE:QUICKHEAL) P/E ratio to inform your assessment of the investment opportunity. … Based on the last twelve months, Quick Heal Technologies's P/E ratio is 15.52. … How Do You Calculate Quick Heal Technologies's P/E Ratio

Simply Wall St -

Company Info

Description

Quick Heal Technologies Limited provides security software products and solutions to consumer, mobile, and corporate customers in India and internationally. It sells Internet security products. The company’s products address IT security risks across various platforms and device platforms under the Quick Heal and Seqrite brands. It also offers technical service and assists customers before, during, and after sales. The company sells its products through a network of distributors, resellers, system-integrators, and service providers. Quick Heal Technologies Limited was founded in 1993 and is headquartered in Pune, India.

Details
Name: Quick Heal Technologies Limited
QUICKHEAL
Exchange: NSEI
Founded: 1993
₹16,254,337,698
70,563,654
Website: http://www.quickheal.co.in
Address: Quick Heal Technologies Limited
Marvel Edge,
Office No. 7010 C & D,
Pune,
Maharashtra, 411014,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
BSE 539678 Equity Shares Mumbai Stock Exchange IN INR 18. Feb 2016
NSEI QUICKHEAL Equity Shares National Stock Exchange of India IN INR 18. Feb 2016
Number of employees
Current staff
Staff numbers
1,114
Quick Heal Technologies employees.
Industry
Systems Software
Software
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/19 12:59
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/02/13
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.