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AGS Transact Technologies Ltd

Company details

56.30
61.15
56.10
173.95
6M Return -30.07%
1Y Return -64.10%
Mkt Cap.(Cr) 702.92
Volume 27,525
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 27,525

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AGS Transact Technologies Ltd.

Q1FY23 Quarterly Result Announced for AGS Transact Technologies Ltd.

 Internet Software & Services firm AGS Transact Technologies announced Q1FY23 Result :

  • Q1FY23 EBITDA grew by more than 35% on YoY basis
  • The company’s finance cost declined by 40% in Q1FY23 to Rs. 352 mn due to redemption of NCDs post IPO of the company
  • Total income stood at Rs. 4,272 mn for Q1FY23
  • Adjusted EBITDA stood at Rs. 1,269 mn for Q1FY23; Adjusted EBITDA margin for Q1FY23 stood at 29.7%
  • PAT stood at Rs. 192 mn for Q1FY23
  • During the quarter, Revenue from Services accounted for 96% of our Revenue from Operations comprising Payment Solutions (Cash and Digital) – 80% and AMC Services and upgrades – 16%
  • Segment mix: Payment Solutions – 80% (Cash – 65% and Digital – 15%), Banking Automation Solutions – 12% and Other Automation Solutions – 8%
  • In Q1FY23, while the total income increased marginally by 3% on YoY basis
  • In Q1FY23, EBITDA witnessed a 35% YoY increase primarily on account of higher contribution and margins in the standalone, SVIL and ITSL businesses
  • During Q1FY23, the company’s finance cost declined by 40% to Rs. 352 mn due to redemption of NCDs post the IPO of the company
  • The company’s Consolidated net debt stood at Rs. 6,457 mn as on June 30, 2022
  • The company reported a PAT of Rs. 192 mn in Q1FY23 against the loss of Rs 288 mn for Q1FY22

Commenting on the performance Mr. Ravi B. Goyal, Chairman and MD, AGS Transact Technologies Limited said, “I am delighted to share that we have begun the year on a positive note with Q1FY23 EBITDA growing at more than 35% on YoY basis, and PAT stood at Rs. 192 mn. For Q1FY23, total income stood at Rs. 4,272 million as against Rs. 4,136 million for Q1FY22. Overall, the business continues to be on a growth trajectory as reflected in our operating business performance in the quarter, which would substantiate our overall FY23 performance. Our endeavor is to deliver higher profitability in FY23 as compared to FY22.

Our focus is on creating one of the largest integrated omni-channel payment platforms in the country by providing innovative digital and cash payment solutions to our clients across sectors. We will continue to leverage our digital payment platform Ongo to provide paymentas-a-convenience to corporates, merchants and consumers, through our comprehensive portfolio mix which includes all-in-one POS and Value-added Services (VAS) like prepaid or loyalty programs etc.. We are very optimistic about ATM outsourcing market owing to a healthy pipeline of fresh RFPs from leading public and private sector banks. RBI’s recent initiatives such as the Interoperable Cardless Cash Withdrawal (ICCW) on ATMs via UPI and setting up 75 digital banking units in 75 districts of the country by scheduled commercial banks, offers a vast opportunity to AGSTTL to expand our existing business.

Our longstanding relationship with our customers across industries puts us in an advantageous position for our new business and cross selling opportunities and enhances our market reputation. We will continue to leverage our key strengths/tech-capabilities to innovate and offer customized payment solutions across value chain, further contributing towards strengthening of the overall payment infrastructure in the country.”

Result PDF

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FINANCIALS

Sales

Operating Profit

Profit after Tax

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Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 481.77 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 17,885.38 -31,611.37
LAST 3M 35,121.07 -30,202.77
LAST 6M 57,685.76 41,245.03
LAST 12M 186,762.13 -119,512.97

INFORMATION

Stock PE (TTM)

0

Promoter Holding

65.52%

Book Value

43.4472

ROCE

9.58%

ROE

-15.85%

Description

  • The Company was incorporated on 11 December 2002 as AGS Infotech Private Limited.The name of the Company was subsequently changed to AGS Transact Technologies Private Limited on 03 June 2010.The Company was then converted into a public limited company and consequently, its name was changed to AGS Transact Technologies Limited on 20 July 2010. AGS Transact Technologies Ltd is one of the leading system integrators in the business of touch point transformation; a business that transforms the way a customer interacts with the service provider enabling efficient delivery of their products and service. The Company provides a spectrum of services around these products to the banking, retail, petroleum and colour segments. The business of the company entails sourcing high-end technology products-both hardware and software, and customizing, integrating, installing and maintaining them. The company source such products through tie-ups with global players like Wincor Nixdorf AG (Germany), Postec Data Systems (New Zealand), Fast & Fluid Management (USA) and CST (Germany). The company`s banking segment has been providing ATMs and services associated with installing and managing ATMs. Their banking segment services portfolio includes installation, maintenance, site build, site identification, cash replenishment, monitoring, vendor management, facility management, software support and a help desk. The company`s retail segment product offerings include retail Point of Sale billing (POS) terminals, store automation peripherals, store automation solutions, mall intelligence software, digital signage, thin client, networking products and kiosks for various retail applications. They provide managed services that include installation, maintenance and management of IT equipment in a retail store. They also perform vendor management services. The company`s petroleum segment product offerings include Postec`s retail outlet automation system comprising of a forecourt controller, automatic tank gauging systems, fuel dispenser interface, POS terminal, back office system, wet-stock management system, online density monitoring system, outdoor payment terminals, and automatic vehicle identification. Their service offering includes implementation services, system integration, remote management, and support and help desk services. The company offers total colour solutions to various industries like paints, automobiles, textiles and plastics in India by offering Fast and Fluid Management (paint dispensers manufacturing) and CST (rotary screen engraves for textiles) products. They also manufacture FFM paint dispensers and CST inkjet engravers at our manufacturing facility in Daman. The company`s manufacturing facility for paint dispensing machines and inkjet engravers is at Daman. They have an ATM warehousing and staging facility at Pondicherry. At Mhape, they have developed a common platform for a helpdesk, repair center, monitoring support, hardware support, software support, central spares center, and staging. They have warehouse facilities at Kalamboli and Bhiwandi. They also have a pan-India network for providing after sales service and AMCs to their clients across their segments. The company`s customers include SBI, Axis Bank, Dena Bank, Dhanlaxmi Bank, HDFC Bank, Union Bank, ICICI Bank, Future Group, Carrefour, Asian Paints, Berger Paints, L&T, HPCL, amongst others. On 23 June 2010,the company has allotted 13750000 equity shares of Rs 10 each as bonus shares to the shareholders in the ratio of 11:4. On 12 February 2015,the company has allotted 90294432 equity shares of Rs 10 each as bonus shares to the shareholders in the ratio of 3:1. As of 31 August 2021, we had installed, maintained or managed a network of approximately 72,000 ATMs and CRMs, provided cash management services to 46,214 ATMs through SVIL, installed 221,066 merchant POS and approximately 46,800 cash billing terminals, automated approximately 17,924 petroleum outlets and installed approximately 88,521 colour dispensing machines. During the month of January 2022,the company came out with an Rs 680-crore public issue which was entirely an offer for sale(OFS) by the promoter Ravi B Goyal,but indirectly the company will get those funds to reduce the debt burden as per the agreement between AGS and Goyal.The IPO shares were issued at the price of Rs 175 per share including a premium of Rs 165 per share.The allotted shares were listed on the BSE Ltd and National Stock Exchange of India Ltd(NSE) on 31 January 2022.

No Data Found

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543451
NSE Code : AGSTRA
Book Closure Date (Month) :
BSE Group : B
ISIN : INE583L01014

ICICIdirect AGS Transact Technologies Ltd FAQ

You can buy AGS Transact Technologies Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy AGS Transact Technologies Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Feb 01, 2023 04:01 PM the closing price of AGS Transact Technologies Ltd was ₹ 57.90.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Feb 01, 2023 04:01 PM, the market cap of AGS Transact Technologies Ltd stood at ₹ 702.92.
The latest PE ratio of AGS Transact Technologies Ltd as of Feb 01, 2023 04:01 PM is 0
The latest PB ratio of AGS Transact Technologies Ltd as of Feb 01, 2023 04:01 PM is 0.77
The 52-week high of AGS Transact Technologies Ltd is ₹ 173.95 while the 52-week low is ₹ 56.10

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