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Ksolves India Ltd share Price Today

Company details

1,146.40
1,175.00
811.55
1,467.40
6M Return 6.37%
1Y Return 21.89%
Mkt Cap.(Cr) 1,372.15
Volume 25,476
Div Yield 1.26%
OI
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OI Chg %
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Volume 25,476

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IT Consulting & Software company Ksolves India announced Q2FY24 results:

1. Financial Performance:
- Consolidated Revenue from Operations increased 40.4% YoY (Rs 25.98 crore vs Rs 18.50 crore)
- Consolidated Revenue from Operations increased 9.2% QoQ (Rs 25.98 crore vs Rs 23.79 crore)
- Profit After Tax (PAT) increased 39.1% YoY (Rs 8.23 crore vs Rs 5.92 crore)
- Profit After Tax (PAT) increased 8.4% QoQ (Rs 8.23 crore vs Rs 7.59 crore)
- Q2 Earnings per Share (EPS) stands at Rs 6.94, up from Rs 4.99 in the same quarter last year.

2. Business Expansion:
- 55 IT services clients across 25 countries with top-5 client's contribution of 33% and top-10 at 49%.
- Focus remained on generating revenue per employee by enhancing technology mix and billing rates.
- Expanded team across the organization after the last quarter's expansion in the Noida Office.
- Shifted to a bigger office space in Noida.
- Headcount increased from 413 to 451 along with maximum resource utilization.
- This quarter faced a lower attrition rate.
- Focused on hiring senior-level resources.

3. Investments for Sustained Growth and Business Updates:
- 1st Interim Dividend of Rs 7 per share is declared.
- Cost pressure seen consequent to shifting to bigger office space.
- Few recent business wins augur well for future trajectory.
- The company continues to have a pipeline of leads to sustain Industry growth.
- Increased business travel, marketing expenses, and office re-opening expenses created downward pressure on margins but that's likely to be offset by better operating efficiencies.
- Subdued attrition pressure in recent months is expected to help in sustaining profitability.
 

 

 

Result PDF

View Other Company Results

Ksolves India Ltd shares SWOT Analysis

Strengths (12)

  • Company with high TTM EPS Growth
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Weakness (1)

  • Declining Net Cash Flow : Companies not able to generate net cash

Opportunity (1)

  • RSI indicating price strength

Threats (1)

  • High PE (PE > 40)

Resistance and support

R1 1,172.8
R2 1,188.2
R3 1,201.4
Pivot

1,159.58

S1 1,144.2
S2 1,131.0
S3 1,115.6
EMA SMA
1,100.5
1,115.0
1,132.0
1,092.0
1,089.0
1,111.2
1,160.3
1,145.0
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
GRAVITON RESEARCH CAPITAL LLP Bulk Purchase 2023-04-19 604.96 101736 NSE
GRAVITON RESEARCH CAPITAL LLP Bulk Sell 2023-04-19 606.51 101736 NSE
DEEPALI VERMA Bulk Sell 2022-09-19 400.08 186000 NSE
Name Category Shares
RATAN KUMAR SRIVASTAVA PROMOTER 31.82%
DEEPALI VERMA PROMOTER 27.13%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
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Ksolves India Ltd Stocks COMPARISON

Financials( in Cr) Ksolves India Ltd Tata Consultancy Services Ltd Infosys Ltd HCL Technologies Ltd Wipro Ltd
Price 1,157.35 3,832.05 1,488.90 1,431.05 477.50
% Change 0.33 -1.19 -0.34 -0.91 -1.06
Mcap Cr 1,372.15 1,386,469.41 618,022.59 388,339.03 249,500.34
Revenue TTM Cr 78.31 240,893.00 153,670.00 101,456.00 90,487.60
Net Profit TTM Cr 24.72 46,099.00 26,248.00 14,845.00 11,366.50
PE TTM 40.10 29.75 23.75 24.73 22.60
1 Year Return 21.89 18.14 14.11 26.50 20.72
ROCE 161.41 62.85 44.74 27.62 17.11
ROE 126.54 51.04 37.12 23.32 15.89
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 22.39 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 34,088.77 -1,030.79
LAST 3M 113,155.52 -39,495.50
LAST 6M 184,812.44 -13,263.60
LAST 12M 291,038.85 99,015.20
Ksolves India Limited - Board Meeting

Jun 11, 2024 l NSE Announcement

Ksolves India Limited - Record Date

Jun 10, 2024 l NSE Announcement

Date Action Type Ratio
Mar 21, 2024 Dividend 50
Jan 25, 2024 Dividend 75
Oct 26, 2023 Dividend 70

Ksolves India Ltd Information

Stock PE (TTM)
40.1
Promoter Holding
58.94%
Book Value
20.1046
ROCE
161.41%
ROE
126.54%
Description
  • Ksolves India Ltd is in the Information Technology Software sector with the Market Capitalization of worth Rs. 381.23 crores, it is incorporated in the year 2012. It has reported consolidated sales of Rs. 9.94 crores in June’2021. The company is listed on National Stock Exchange (NSE) with the code KSOLVES. However, It is not listed on the Bombay Stock Exchange (BSE).

    Ksolves is an enterprise software developer having its headquarters in Noida. In 9 years since its inception, Ksolves has built an impressive clientele from various parts of the world like the USA, Europe, Australia, and Middle East Asia. Ksolves Ltd has two branches in India with one located in Noida (also the head office of Ksolves India Ltd) and the second one in Indore. Ksolves India Ltd also installed its onshore sales centers in countries like the USA and Mozambique. Ksolves India Ltd works primarily on advanced technology such as Big Data, SalesForce, Apache NiFi, Spark, Cassandra, etc. Ksolves offers various services to its clients such as application & software development, healthcare application development, ReactJS development, ERP development, ERP migration, etc. The promoters of the company own 68.01% of the stake in the company, Foreign Institutional Investors (FII) own 0.02%, Domestic Institutional Investors (DII) do not own any stake in the company, and others (such as public & retail investors) hold the balance of 31.97%.

    In June 2021, quarterly net revenue was Rs. 9.6 crores, which has increased by approximately 126.95 % from Rs. 4.23 crores for the April-June 2020 quarter. The quarterly net profit in June 2021 was Rs. 4 crores, which has improved by nearly 354.55% from a net loss of Rs. 0.88 crores in June 2020. In June 2021, the reported operating profit was at Rs. 9.01 crores, which is also increased by 165.00% as compared to an operating profit of Rs. 3.4 crores for the quarter ending in June 2020. From Rs. 2.03 in June 2020, the EPS of Ksolves India Ltd has improved and reached Rs. 6.75 per share in June 2021. KSOLVES’s stock closed at Rs. 643.10 on 18th August’2021 (NSE) and has returned 309.93% in the last six months and 1797.05% in the previous year.

Registered Address

H No B-8/1 Ground Floor, Saidulajab South Delhi, Delhi, Delhi, 110030

Tel : 91-9871977038
Email : cs:ksolves.com
Website : http://www.ksolves.com
Registrar

Bigshare Services Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 543599
NSE Code : KSOLVES
Book Closure Date (Month) : Jul
BSE Group : B
ISIN : INE0D6I01015

FAQ’s on Ksolves India Ltd Shares

You can buy Ksolves India Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Ksolves India Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 14, 2024 03:55 PM the closing price of Ksolves India Ltd was Rs.1,157.35.

The latest PE ratio of Ksolves India Ltd as of Jun 14, 2024 03:55 PM is 40.10

The latest PB ratio of Ksolves India Ltd as of Jun 14, 2024 03:55 PM is 0.02

The 52-week high of Ksolves India Ltd share price is Rs. 1,467.40 while the 52-week low is Rs. 811.55

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 Jun 14, 2024 03:55 PM, the market cap of Ksolves India Ltd stood at Rs. 1,372.15.

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