Silver Touch Technologies Limited provides information technology (IT) solutions in India and internationally.
Excellent balance sheet with questionable track record.
Share Price & News
How has Silver Touch Technologies's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: SILVERTUC has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: SILVERTUC underperformed the Indian IT industry which returned 3.5% over the past year.
Return vs Market: SILVERTUC underperformed the Indian Market which returned 4.5% over the past year.
Price Volatility Vs. Market
How volatile is Silver Touch Technologies's share price compared to the market and industry in the last 5 years?
Simply Wall St News
5 days ago | Simply Wall StDirector of Operations & Whole Time Director Jignesh Patel Just Bought Shares In Silver Touch Technologies Limited (NSE:SILVERTUC)
2 weeks ago | Simply Wall StHow Good Is Silver Touch Technologies Limited (NSE:SILVERTUC), When It Comes To ROE?
1 month ago | Simply Wall StShould We Worry About Silver Touch Technologies Limited's (NSE:SILVERTUC) P/E Ratio?
Is Silver Touch Technologies undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: SILVERTUC (₹112) is trading above our estimate of fair value (₹6.33)
Significantly Below Fair Value: SILVERTUC is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: SILVERTUC is poor value based on its PE Ratio (14.9x) compared to the IT industry average (10.6x).
PE vs Market: SILVERTUC is poor value based on its PE Ratio (14.9x) compared to the Indian market (12.8x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate SILVERTUC's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: SILVERTUC is overvalued based on its PB Ratio (1.7x) compared to the IN IT industry average (0.9x).
How is Silver Touch Technologies forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
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 Silver Touch 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.
- Examine Silver Touch Technologies's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Silver Touch Technologies competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has Silver Touch Technologies performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: SILVERTUC has high quality earnings.
Growing Profit Margin: SILVERTUC's current net profit margins (4.6%) are lower than last year (5.2%).
Past Earnings Growth Analysis
Earnings Trend: SILVERTUC's earnings have grown significantly by 27.3% per year over the past 5 years.
Accelerating Growth: SILVERTUC's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: SILVERTUC had negative earnings growth (-3%) over the past year, making it difficult to compare to the IT industry average (7.2%).
Return on Equity
High ROE: SILVERTUC's Return on Equity (11.7%) is considered low.
Return on Assets
Return on Capital Employed
How is Silver Touch Technologies's financial position?
Financial Position Analysis
Short Term Liabilities: SILVERTUC's short term assets (₹1.3B) exceed its short term liabilities (₹769.5M).
Long Term Liabilities: SILVERTUC's short term assets (₹1.3B) exceed its long term liabilities (₹47.6M).
Debt to Equity History and Analysis
Debt Level: SILVERTUC's debt to equity ratio (23%) is considered satisfactory.
Reducing Debt: SILVERTUC's debt to equity ratio has reduced from 49.6% to 23% over the past 5 years.
Debt Coverage: SILVERTUC's operating cash flow is negative, therefore debt is not well covered.
Interest Coverage: SILVERTUC's interest payments on its debt are well covered by EBIT (21.1x coverage).
Inventory Level: SILVERTUC has a low level of unsold assets or inventory.
Debt Coverage by Assets: SILVERTUC's debt is covered by short term assets (assets are 7x debt).
What is Silver Touch Technologies's current dividend yield, its reliability and sustainability?
Current Dividend Yield
Dividend Yield vs Market
Current dividend yield vs market & industry
Notable Dividend: SILVERTUC's dividend (0.45%) isn’t notable compared to the bottom 25% of dividend payers in the Indian market (0.62%).
High Dividend: SILVERTUC's dividend (0.45%) is low compared to the top 25% of dividend payers in the Indian market (2.69%).
Stability and Growth of Payments
Stable Dividend: Whilst dividend payments have been stable, SILVERTUC has been paying a dividend for less than 10 years.
Growing Dividend: SILVERTUC has only been paying a dividend for 2 years, and since then payments have not increased.
Current Payout to Shareholders
Dividend Coverage: With its low payout ratio (6.7%), SILVERTUC'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.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Vipul Thakkar (49yo)
Mr. Vipul Haridas Thakkar serves as the Chairman of the Board and Managing Director of Silver Touch Technologies Ltd. He is a Computer Engineer with more than 14 year experience in IT. He having started hi ...
CEO Compensation Analysis
Compensation vs Market: Vipul's total compensation ($USD66.94K) is above average for companies of similar size in the Indian market ($USD50.27K).
Compensation vs Earnings: Vipul's compensation has been consistent with company performance over the past year.
|Chairman & MD||0yrs||₹4.80m||24.64% ₹357.7m|
|Whole Time Director & CFO||0yrs||₹4.80m||6.05% ₹87.9m|
|Director of Operations & Whole Time Director||0yrs||₹4.80m||24.88% ₹361.3m|
|Director of Technical & Whole Time Director||2.8yrs||₹4.80m||18.31% ₹265.8m|
|Director of North India Operations & Whole Time Director||9.6yrs||₹4.53m||0.24% ₹3.4m|
|Director of SAP & Whole Time Director||2.7yrs||₹2.69m||no data|
|Non Executive Independent Director||5.8yrs||no data||no data|
|Non Executive Independent Director||11.3yrs||no data||no data|
|Non Executive Independent Director||11.3yrs||no data||no data|
Experienced Board: SILVERTUC's board of directors are considered experienced (7.7 years average tenure).
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: SILVERTUC insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Silver Touch Technologies Limited's company bio, employee growth, exchange listings and data sources
- Name: Silver Touch Technologies Limited
- Ticker: SILVERTUC
- Exchange: NSEI
- Founded: 1992
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: ₹1.452b
- Shares outstanding: 12.68m
- Website: https://www.silvertouch.com
- Silver Touch Technologies Limited
- Saffron Tower
- 2nd Floor
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|SILVERTUC||NSEI (National Stock Exchange of India)||Yes||Equity Shares||IN||INR||Jan 2018|
Silver Touch Technologies Limited provides information technology (IT) solutions in India and internationally. The company offers solutions in the areas of software development, outsourcing, ERP solutions, security operations center, e-governance solutions, system integration, and mobility solutions. It also provides consulting services in information security, cloud computing, storage and backup, green data centers, and application performance optimization. The company was formerly known as Silver Touch Computers Limited and changed its name to Silver Touch Technologies Limited in October 2004. Silver Touch Technologies Limited was founded in 1992 and is headquartered in Ahmedabad, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/28 13:19|
|End of Day Share Price||2020/02/28 00:00|
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.