Valuation Update With 7 Day Price Move • Apr 07
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹273, the stock trades at a trailing P/E ratio of 12.4x. Average trailing P/E is 21x in the IT industry in India. Total returns to shareholders of 49% over the past three years. New Risk • Jan 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 8.5% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (8.5% average weekly change). Minor Risk Market cap is less than US$100m (₹4.43b market cap, or US$49.2m). New Risk • Nov 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (₹5.78b market cap, or US$64.8m). Valuation Update With 7 Day Price Move • Nov 19
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to ₹358, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 66% over the past year. Announcement • Nov 06
Systango Technologies Limited to Report First Half, 2026 Results on Nov 07, 2025 Systango Technologies Limited announced that they will report first half, 2026 results on Nov 07, 2025 Announcement • Sep 08
Systango Technologies Limited, Annual General Meeting, Sep 30, 2025 Systango Technologies Limited, Annual General Meeting, Sep 30, 2025, at 14:30 Indian Standard Time. New Risk • Jul 28
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 6.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (46% accrual ratio). Minor Risks Share price has been volatile over the past 3 months (6.8% average weekly change). Market cap is less than US$100m (₹3.55b market cap, or US$41.0m). New Risk • Jun 21
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 46% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (46% accrual ratio). Minor Risk Market cap is less than US$100m (₹3.64b market cap, or US$42.0m). New Risk • Jun 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Market cap is less than US$100m (₹3.71b market cap, or US$43.5m). Valuation Update With 7 Day Price Move • May 27
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹269, the stock trades at a trailing P/E ratio of 21.4x. Average trailing P/E is 29x in the IT industry in India. Total returns to shareholders of 6.7% over the past year. Valuation Update With 7 Day Price Move • Feb 17
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹204, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 29x in the IT industry in India. Total loss to shareholders of 38% over the past year. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹288, the stock trades at a trailing P/E ratio of 22.9x. Average trailing P/E is 35x in the IT industry in India. Total returns to shareholders of 12% over the past year. New Risk • Nov 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.3% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (8.3% average weekly change). Market cap is less than US$100m (₹3.80b market cap, or US$45.0m). Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹259, the stock trades at a trailing P/E ratio of 20.6x. Average trailing P/E is 37x in the IT industry in India. Total returns to shareholders of 9.2% over the past year. Announcement • Sep 16
Systango Technologies Limited, Annual General Meeting, Sep 30, 2024 Systango Technologies Limited, Annual General Meeting, Sep 30, 2024, at 13:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Jul 05
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹281, the stock trades at a trailing P/E ratio of 24.3x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 16% over the past year. Reported Earnings • May 29
Full year 2024 earnings released: EPS: ₹23.92 (vs ₹12.77 in FY 2023) Full year 2024 results: EPS: ₹23.92 (up from ₹12.77 in FY 2023). Revenue: ₹1.28b (up 145% from FY 2023). Net income: ₹351.1m (up 151% from FY 2023). Profit margin: 27% (in line with FY 2023). New Risk • May 25
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk High level of non-cash earnings (540% accrual ratio). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Market cap is less than US$100m (₹3.84b market cap, or US$46.3m). Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹310, the stock trades at a trailing P/E ratio of 25.6x. Average trailing P/E is 37x in the IT industry in India. New Risk • Jan 29
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.3% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.3% average weekly change). High level of non-cash earnings (540% accrual ratio). Minor Risk Market cap is less than US$100m (₹4.94b market cap, or US$59.4m). Valuation Update With 7 Day Price Move • Jan 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹320, the stock trades at a trailing P/E ratio of 26.4x. Average trailing P/E is 45x in the IT industry in India. Reported Earnings • Nov 13
First half 2024 earnings released: EPS: ₹5.55 (vs ₹7.43 in 1H 2023) First half 2024 results: EPS: ₹5.55 (down from ₹7.43 in 1H 2023). Revenue: ₹269.2m (down 10% from 1H 2023). Net income: ₹81.4m (down 1.6% from 1H 2023). Profit margin: 30% (up from 28% in 1H 2023). The increase in margin was driven by lower expenses. New Risk • Nov 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). High level of non-cash earnings (186% accrual ratio). Minor Risk Market cap is less than US$100m (₹4.05b market cap, or US$48.6m). Valuation Update With 7 Day Price Move • Oct 31
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹262, the stock trades at a trailing P/E ratio of 27.5x. Average trailing P/E is 40x in the IT industry in India. Announcement • Sep 14
Systango Technologies Limited, Annual General Meeting, Sep 29, 2023 Systango Technologies Limited, Annual General Meeting, Sep 29, 2023, at 13:30 Indian Standard Time. Valuation Update With 7 Day Price Move • Aug 21
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to ₹265, the stock trades at a trailing P/E ratio of 27.8x. Average trailing P/E is 36x in the IT industry in India. New Risk • Jun 08
New major risk - Earnings quality The company has a high level of non-cash earnings. Accrual ratio: 188% This is considered a major risk. Non-cash earnings can arise from many different things. However, if a company consistently has a high level of non-cash earnings, it may be a sign that they are recognizing revenue from customers before the full value of the sales are received as cash or they are not depreciating the value of their assets appropriately. These are practices that inflate earnings, while not providing a similar increase to cash flows. Companies in some select industries naturally have a high level of non-cash earnings and it is not a major concern. However, in the worst case scenario it can be an early sign of performance manipulation by management. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (12% average weekly change). High level of non-cash earnings (188% accrual ratio). Minor Risk Market cap is less than US$100m (₹3.23b market cap, or US$39.1m). Valuation Update With 7 Day Price Move • May 29
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to ₹214, the stock trades at a trailing P/E ratio of 46.3x. Average trailing P/E is 26x in the IT industry in India. Valuation Update With 7 Day Price Move • May 11
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹203, the stock trades at a trailing P/E ratio of 43.9x. Average trailing P/E is 26x in the IT industry in India. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 37% After last week's 37% share price gain to ₹170, the stock trades at a trailing P/E ratio of 36.8x. Average trailing P/E is 24x in the IT industry in India. Board Change • Mar 15
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Narender Kabra was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.