NSEI:SASKEN

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Sasken Technologies

Executive Summary

Sasken Technologies Limited provides product engineering and digital transformation services worldwide. More Details


Snowflake Analysis

Flawless balance sheet, good value and pays a dividend.

Share Price & News

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


Latest Share Price and Events

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


Market Performance


7 Day Return

-8.9%

SASKEN

3.1%

IN Software

1.2%

IN Market


1 Year Return

14.7%

SASKEN

36.7%

IN Software

2.6%

IN Market

Return vs Industry: SASKEN underperformed the Indian Software industry which returned 36.7% over the past year.

Return vs Market: SASKEN exceeded the Indian Market which returned 2.6% over the past year.


Shareholder returns

SASKENIndustryMarket
7 Day-8.9%3.1%1.2%
30 Day-5.8%9.2%4.8%
90 Day39.2%39.2%7.6%
1 Year28.0%14.7%42.9%36.7%4.3%2.6%
3 Year43.0%24.7%22.4%10.8%-0.7%-5.5%
5 Year194.3%133.7%18.2%2.0%41.4%30.9%

Price Volatility Vs. Market

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


Simply Wall St News

Valuation

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

>50%

Undervalued compared to fair value


Share Price vs. Fair Value

Below Fair Value: SASKEN (₹662.35) is trading below our estimate of fair value (₹1550.52)

Significantly Below Fair Value: SASKEN is trading below fair value by more than 20%.


Price To Earnings Ratio

PE vs Industry: SASKEN is good value based on its PE Ratio (11.9x) compared to the IN Software industry average (14x).

PE vs Market: SASKEN is good value based on its PE Ratio (11.9x) compared to the Indian market (16.4x).


Price to Earnings Growth Ratio

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


Price to Book Ratio

PB vs Industry: SASKEN is overvalued based on its PB Ratio (1.9x) compared to the IN Software industry average (1.4x).


Next Steps

Future Growth

How is Sasken Technologies forecast to perform in the next 1 to 3 years based on estimates from 1 analyst?

7.8%

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 Sasken 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 Sasken Technologies performed over the past 5 years?

-10.8%

Historical annual earnings growth


Earnings and Revenue History

Quality Earnings: SASKEN has high quality earnings.

Growing Profit Margin: SASKEN's current net profit margins (18.7%) are higher than last year (17.7%).


Past Earnings Growth Analysis

Earnings Trend: SASKEN's earnings have declined by 10.8% per year over the past 5 years.

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

Earnings vs Industry: SASKEN had negative earnings growth (-7.7%) over the past year, making it difficult to compare to the Software industry average (12%).


Return on Equity

High ROE: SASKEN's Return on Equity (15.8%) is considered low.


Next Steps

Financial Health

How is Sasken Technologies's financial position?


Financial Position Analysis

Short Term Liabilities: SASKEN's short term assets (₹2.9B) exceed its short term liabilities (₹944.0M).

Long Term Liabilities: SASKEN's short term assets (₹2.9B) exceed its long term liabilities (₹105.0M).


Debt to Equity History and Analysis

Debt Level: SASKEN is debt free.

Reducing Debt: SASKEN had no debt 5 years ago.

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

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


Balance Sheet


Next Steps

Dividend

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

3.77%

Current Dividend Yield


Upcoming Dividend Payment


Dividend Yield vs Market

Notable Dividend: SASKEN's dividend (3.77%) is higher than the bottom 25% of dividend payers in the Indian market (0.55%).

High Dividend: SASKEN's dividend (3.77%) is in the top 25% of dividend payers in the Indian market (2.28%)


Stability and Growth of Payments

Stable Dividend: SASKEN's dividend payments have been volatile in the past 10 years.

Growing Dividend: SASKEN's dividend payments have increased over the past 10 years.


Current Payout to Shareholders

Dividend Coverage: With its reasonably low payout ratio (36%), SASKEN's dividend payments are well 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?

2.8yrs

Average management tenure


CEO

Rajiv Mody (62 yo)

no data

Tenure

₹17,000,000

Compensation

Mr. Rajiv Chandrakant Mody co-founded Sasken Technologies Limited (formerly, Sasken Communication Technologies Ltd.) in 1989 and serves as its Chairman, Chief Executive Officer and Managing Director. Mr. M ...


CEO Compensation Analysis

Compensation vs Market: Rajiv's total compensation ($USD230.28K) is above average for companies of similar size in the Indian market ($USD55.56K).

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


Leadership Team

NamePositionTenureCompensationOwnership
Rajiv Mody
Co-Founderno data₹17.00m10.37%
₹ 1.0b
Neeta Revankar
CFO & Whole-Time Director10.5yrs₹25.01m0.46%
₹ 46.2m
Srinivas Prasad
Associate VP8.17yrs₹4.71m0.017%
₹ 1.7m
Ashwin Ramachandra
Head of Engineering Research & Development Services and VP3.92yrs₹9.07mno data
- Priyaranjan
VP & Head of Business Operationsno data₹9.43mno data
Krishna Kumar
Head of Global Delivery & VP4.08yrs₹8.23mno data
Arif Khan
Senior VP & Head of Staffing2.75yrs₹11.96mno data
Satish Burli
VP & Head of Product Engineering Services0.83yr₹7.42mno data
Gajendra Chowhan
Senior VP & Head of Business Lines1.75yrs₹7.00mno data
Suresh Subramanian
Vice President of Digital Practiceno data₹6.10mno data
Edwin Moses
President & COO0.17yrno datano data
Swaminathan Krishnan
VP and Head of Marketing & Communicationsno datano datano data

2.8yrs

Average Tenure

49yo

Average Age

Experienced Management: SASKEN's management team is considered experienced (2.8 years average tenure).


Board Members

NamePositionTenureCompensationOwnership
Rajiv Mody
Co-Founderno data₹17.00m10.37%
₹ 1.0b
Neeta Revankar
CFO & Whole-Time Director10.5yrs₹25.01m0.46%
₹ 46.2m
Bharat Patel
Independent Director11.25yrs₹2.01m0.11%
₹ 11.4m
Sanjay Shah
Independent Director15.33yrs₹1.07m0.023%
₹ 2.3m
Gangadharan Venkatesh
Non-Executive Director15.75yrs₹1.15m0.97%
₹ 96.8m
Pranabh Mody
Non-Executive Director29.25yrs₹490.00k1.91%
₹ 190.3m
Sunirmal Talukdar
Independent Director4.25yrs₹2.69mno data
Madhu Khatri
Woman Independent Director0.58yrno datano data

11.3yrs

Average Tenure

58yo

Average Age

Experienced Board: SASKEN's board of directors are seasoned and experienced ( 11.3 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.


Recent Insider Transactions

Ownership Breakdown

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


Top Shareholders

Company Information

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


Key Information

  • Name: Sasken Technologies Limited
  • Ticker: SASKEN
  • Exchange: NSEI
  • Founded: 1989
  • Industry: Application Software
  • Sector: Software
  • Market Cap: ₹9.948b
  • Shares outstanding: 15.02m
  • Website: https://www.sasken.com

Number of Employees


Location

  • Sasken Technologies Limited
  • 139/25, Ring Road
  • Domlur
  • Bengaluru
  • Karnataka
  • 560071
  • India

Listings

TickerExchangePrimary SecuritySecurity TypeCountryCurrencyListed on
532663BSE (Mumbai Stock Exchange)YesEquity SharesININRSep 2005
SASKENNSEI (National Stock Exchange of India)YesEquity SharesININRSep 2005

Biography

Sasken Technologies Limited provides product engineering and digital transformation services worldwide. Its services include test automation, consultancy, test specifications, product testing, and applicat ...


Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2020/10/24 12:56
End of Day Share Price2020/10/23 00:00
Earnings2020/09/30
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.