NSEI:RELIABLE

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Reliable Data Services

Executive Summary

Reliable Data Services Limited provides customized services to banking, financial services, and other manufacturing industries in the field of back office processing, front office follow ups, and management services in India. More Details


Snowflake Analysis

Excellent balance sheet and fair value.


Similar Companies

Share Price & News

How has Reliable Data Services's share price performed over time and what events caused price changes?


Latest Share Price and Events

Stable Share Price: RELIABLE has not had significant price volatility in the past 3 months.


Market Performance


7 Day Return

-2.8%

RELIABLE

-3.8%

IN IT

-0.6%

IN Market


1 Year Return

-20.0%

RELIABLE

38.4%

IN IT

2.2%

IN Market

Return vs Industry: RELIABLE underperformed the Indian IT industry which returned 39.5% over the past year.

Return vs Market: RELIABLE underperformed the Indian Market which returned 1.1% over the past year.


Shareholder returns

RELIABLEIndustryMarket
7 Day-2.8%-3.8%-0.6%
30 Day-14.3%9.3%0.2%
90 Day1.1%23.9%6.7%
1 Year-20.0%-20.0%41.1%38.4%3.9%2.2%
3 Yearn/a111.0%98.5%2.6%-2.4%
5 Yearn/a116.3%96.1%41.3%30.8%

Price Volatility Vs. Market

How volatile is Reliable Data Services's share price compared to the market and industry in the last 5 years?


Simply Wall St News

Valuation

Is Reliable Data Services undervalued compared to its fair value and its price relative to the market?

6.54x

Price to Earnings (PE) ratio


Share Price vs. Fair Value

Below Fair Value: Insufficient data to calculate RELIABLE's fair value to establish if it is undervalued.

Significantly Below Fair Value: Insufficient data to calculate RELIABLE's fair value to establish if it is undervalued.


Price To Earnings Ratio

PE vs Industry: RELIABLE is good value based on its PE Ratio (6.5x) compared to the IN IT industry average (17.6x).

PE vs Market: RELIABLE is good value based on its PE Ratio (6.5x) compared to the Indian market (16.2x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: RELIABLE is good value based on its PB Ratio (0.7x) compared to the IN IT industry average (1.3x).


Next Steps

Future Growth

How is Reliable Data Services forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

11.4%

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 Reliable Data Services 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 Reliable Data Services performed over the past 5 years?

15.4%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: RELIABLE has a high level of non-cash earnings.

Growing Profit Margin: RELIABLE's current net profit margins (7.2%) are lower than last year (9.1%).


Past Earnings Growth Analysis

Earnings Trend: RELIABLE's earnings have grown by 15.4% per year over the past 5 years.

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

Earnings vs Industry: RELIABLE had negative earnings growth (-21.9%) over the past year, making it difficult to compare to the IT industry average (-5.1%).


Return on Equity

High ROE: RELIABLE's Return on Equity (9.7%) is considered low.


Next Steps

Financial Health

How is Reliable Data Services's financial position?


Financial Position Analysis

Short Term Liabilities: RELIABLE's short term assets (₹463.3M) exceed its short term liabilities (₹202.8M).

Long Term Liabilities: RELIABLE's short term assets (₹463.3M) exceed its long term liabilities (₹89.8M).


Debt to Equity History and Analysis

Debt Level: RELIABLE's debt to equity ratio (26.5%) is considered satisfactory.

Reducing Debt: RELIABLE's debt to equity ratio has reduced from 78.4% to 26.5% over the past 5 years.

Debt Coverage: RELIABLE's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: RELIABLE's interest payments on its debt are well covered by EBIT (4.6x coverage).


Balance Sheet


Next Steps

Dividend

What is Reliable Data Services's current dividend yield, its reliability and sustainability?


Dividend Yield vs Market

Notable Dividend: Unable to evaluate RELIABLE's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.

High Dividend: Unable to evaluate RELIABLE's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.


Stability and Growth of Payments

Stable Dividend: Insufficient data to determine if RELIABLE's dividends per share have been stable in the past.

Growing Dividend: Insufficient data to determine if RELIABLE's dividend payments have been increasing.


Current Payout to Shareholders

Dividend Coverage: RELIABLE is not paying a notable dividend for the Indian market.


Future Payout to Shareholders

Future Dividend Coverage: No need to calculate the sustainability of RELIABLE's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.


Next Steps

Management

How experienced are the management team and are they aligned to shareholders interests?

3.3yrs

Average board tenure


CEO

Sanjay Pathak (50 yo)

3.25yrs

Tenure

₹1,320,000

Compensation

Mr. Sanjay Kumar Pathak has been Chairman and Managing Director of Reliable Data Services Limited since July 31, 2017 and has been its Director since September 9, 2004. Mr. Pathak is responsible for the ex ...


CEO Compensation Analysis

Compensation vs Market: Sanjay's total compensation ($USD17.97K) is below average for companies of similar size in the Indian market ($USD56.15K).

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


Board Members

NamePositionTenureCompensationOwnership
Sanjay Pathak
Chairman & MD3.25yrs₹1.32m16.14%
₹ 40.0m
Sandeep Jha
Whole Time Director19.58yrs₹960.00k13.34%
₹ 33.0m
Rakesh Jha
Whole Time Director18.08yrs₹960.00k15.75%
₹ 39.0m
Sunil Rai
Whole Time Director18.08yrs₹960.00k14.08%
₹ 34.9m
Anil Jha
Whole Time Director3.25yrs₹1.20m11.48%
₹ 28.4m
Ashwini Jha
Non-Executive Independent Director3.25yrsno datano data
Sudeshna Chaudhury
Non-Executive Independent Director3.25yrsno datano data
Anita Jha
Non-Executive Independent Directorno datano datano data
Pramod Tiwari
Non-Executive Independent Directorno datano datano data

3.3yrs

Average Tenure

49yo

Average Age

Experienced Board: RELIABLE's board of directors are considered experienced (3.3 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

Reliable Data Services Limited's company bio, employee growth, exchange listings and data sources


Key Information

  • Name: Reliable Data Services Limited
  • Ticker: RELIABLE
  • Exchange: NSEI
  • Founded: 2001
  • Industry: Data Processing and Outsourced Services
  • Sector: Software
  • Market Cap: ₹247.680m
  • Shares outstanding: 10.32m
  • Website: https://www.rdspl.com

Location

  • Reliable Data Services Limited
  • C-69 & 70, Sector-2
  • Near Metro Station Sector-15
  • Noida
  • Uttar Pradesh
  • 201301
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
RELIABLENSEI (National Stock Exchange of India)YesEquity SharesININROct 2017

Biography

Reliable Data Services Limited provides customized services to banking, financial services, and other manufacturing industries in the field of back office processing, front office follow ups, and managemen ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/20 12:43
End of Day Share Price2020/10/16 00:00
Earnings2020/03/31
Annual Earnings2020/03/31


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.