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Company details

26.55
29.20
24.21
46.20
6M Return 0.00%
1Y Return -2.43%
Mkt Cap.(Cr) 102.63
Volume 1,221
Div Yield 0.00%
OI
-
OI Chg %
-
Volume 1,221

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Rapid Results

Q2FY22 Quarterly Result Announced for DRC Systems India Ltd.

Highlights:

  • Recorded 148.5 % YoY growth in PAT to INR 14.5 Lacs in Q2FY22
  • Revenue was INR 534.8 Lacs, up by 5.1 % YoY; up by 2.5 % QoQ
  • EBITDA was INR 64.2 Lacs, up 91.1 % YoY; up by 10.3 % QoQ
  • EBITDA margin was 12 %, up 81.8 % YoY; up by 7.6% QoQ
  • Profit After Tax was INR 14.5 Lacs, up 148.5 %, YoY; up by 11.5% QoQ
  • During the quarter, the Company has demonstrated strong financial performance which is largely attributed due to significant increase in the digital adaption and consumption. Increase in overall operational efficiency resulting in improved margins impacting revenue and profit

Company’s Managing Director Mr. Hiten Barchha said, “Overall performance in Q2 has been phenomenal and we will continue to demonstrate our strong revenue and profitable growth. The company will further accelerate its operational growth in digital space both in domestic and international market.”

 

Result PDF

Financials

  • Profit and loss statement

  • Balance sheet

  • Quarterly Result

  • Ratio

Sales(Cr.)

Operating Profit(Cr.)

Profit after Tax(Cr.)

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after tax

PE

Debt/Equity

P BV

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 6.79 Cr FV: 1.00
Period MF Net Purchase / (sold) FII Net
LAST 1M 7,209.51 3,450.07
LAST 3M 8,638.44 51,120.10
LAST 6M 84,196.20 -58,438.16
LAST 12M 204,915.33 -198,833.91

Information

  • About Company
  • Company Info
  • Listing Info
84.55
25.63%
1.7544
8.9%
11.2%
Description
  • DRC Systems India Limited (formerly known as DRC Systems India Private Limited) was incorporated on April 27, 2012 under the Companies Act, 1956. The Company is an IT services, consulting and business solutions organization delivering lasting, effective and viable solutions globally. Its wide range of tech services that is offered enables to build stronger relationships with clients leading to organic growth and strategic transactions. The Company have consistently delivered value-for-money and effective solutions through IT for the global market by creating a professional environment for talent, stakeholders, and clients. The Company is focused on innovation and creativity to lead the change, since its advent in 2012. With competent teams of developers, project managers, and strategists, it help customers overcome their business challenges with customized software development. The Company have diversified its service offerings through a mix of organic growth and strategic transactions. The Company has developed and implemented online service framework for small and large corporate across India and abroad. The Company customer base is spread across globe in geographies like Europe, United States, Middle East, Asia-Pacific and India. DRC Systems is serviced across industry verticals like Financial Services, Retail and Consumer, Education and Public Sector. Its services and solutions help businesses scale the market. The Company transform and streamline the business activities of enterprises and deliver smart solutions that save time and improve the workflow. As many businesses are embarking on digital transformation, cloud adoption and digital delivery of services, the Company has leveraged deep expertise on e-Learning, e-Commerce and bespoke services combining with Cloud, Analytics, Block chain and Cyber Security. The Company have seen increasing client engagement from development to strategic discussions and consultancy, migration of traditional operations to ERP, on-premise to cloud, cloud to multi-cloud and cloud native. Delivering these demands with future ready technology stake has made success stories of innovation and growth for customers and multi-year engagement and sustainability.. During the year, the Hon`ble National Company Law Tribunal, Ahmedabad Bench has, vide its Order dated November 27, 2020, sanctioned the Composite Scheme of Arrangement amongst lnfibeam Avenues Limited, Suvidhaa lnfoserve Limited, DRC Systems India Limited and NSI lnfinium Global Limited and their respective shareholders and creditors under Sections 230 to 232 read with Section 66 and other applicable provisions of the Companies Act, 2013 leading to interalia, transfer and vesting of Theme park & Event Software Undertaking from lnfibeam to DRC w.e.f. April 01, 2020 i.e. the Appointed Date. The Scheme became effective upon filing of certified copy of the Order with the Registrar of Companies (RoC) on December 02, 2020. The Record Date was set as December 11, 2020 for the purpose of determining the eligible shareholders of lnfibeam Avenues Limited for issuance of Equity Shares of DRC pursuant to the Scheme. Subsequently, the Equity Shares of DRC have been listed and admitted for trading on both the Stock Exchanges i.e, BSE Limited and National Stock Exchange of India Limited, w.e.f. March 10, 2021. During the year under review, pursuant to the sanction of the Scheme by the Hon`ble National Company Law Tribunal, Ahmedabad bench, vide Order dated November 27, 2020 and the Scheme becoming effective from December 02, 2020 (Effective Date) upon filing of the said order with the Registrar of Companies, Ahmedabad by Infibeam, Suvidhaa, DRC and NSI, DRC had allotted 16,15,356 Equity shares in the ratio of 1 Equity Share of Rs. 10/- each of DRC Systems India Limited credited as fully paid-up for every 412 Equity Shares of Re. 1/- each held by such shareholder in Infibeam Avenues Limited in accordance with the Scheme, to the Equity Shareholders of the Infibeam Avenues Limited whose name appears in the Register of Members and records of the depository as on December 11, 2020 i.e. Record Date in Demat Form only. During the FY 2021-22, the Company expanded and invested as per growth strategy to build and implement digital infrastructure in India and internationally. The Company has invested and acquired a 2.3% stake in the Netherlands-based AutoDAP B.V. and then entered into a contract with EMAR Group for developing the blockchain-based wallet. As part of the international expansion, the Company has set up the first wholly-owned subsidiary (WOS)- DRC Systems EMEA LLC-FZ, in the United Arab Emirates, to strategically target the existing customers and tap the ever-growing IT and ITeS sector in the Middle East and taking the demand to the next level. The Company also established a new workstation in Ahmedabad to accommodate future work surges. During the year 2022, the Shareholders of the Company have approved the Split/Sub-division of each Equity Share of the Company from the existing Face Value of Rs. 10/-per Equity Share to Face Value of Re. 1/- per Equity Share in Extra Ordinary General Meeting held on February 25, 2022. During the year 2021-22, the Company has incorporated a Wholly Owned Subsidiary Company, namely "DRC Systems EMEA LLC-FZ" in Dubai and the same is yet to commence its business operations.

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No Data Found

AGM Date (Month) : Jun
Face Value Equity Shares : 1
Market Lot Equity Shares : 1
BSE Code : 543268
NSE Code : DRCSYSTEMS
Book Closure Date (Month) : Jun
BSE Group : T
ISIN : INE03RS01027

ICICIdirect DRC Systems India Ltd FAQ

You can buy DRC Systems India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy DRC Systems India Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Sep 28, 2022 04:01 PM the closing price of DRC Systems India Ltd was ₹ 26.55.
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 Sep 28, 2022 04:01 PM, the market cap of DRC Systems India Ltd stood at ₹ 102.63.
The latest PE ratio of DRC Systems India Ltd as of Sep 28, 2022 04:01 PM is 84.55
The latest PB ratio of DRC Systems India Ltd as of Sep 28, 2022 04:01 PM is 0.06
The 52-week high of DRC Systems India Ltd is ₹ 46.20 while the 52-week low is ₹ 24.21 .

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