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Quick Heal Technologies Ltd

Company details

161.50
171.15
143.95
225.30
6M Return -17.77%
1Y Return -17.73%
Mkt Cap.(Cr) 907.30
Volume 10,831
Div Yield 3.00%
OI
-
OI Chg %
-
Volume 10,831

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Quick Heal Technologies Ltd.

Q2FY23 Quarterly Result Announced for Quick Heal Technologies Ltd.

IT software products company Quick Heal Technologies announced Q2FY23 results:

  • Q2FY23:
    • Revenue at Rs 101 crore
    • EBIDTA at Rs 28.4 crore
    • PAT at Rs 22.2 crore
  • H1FY23
    • Revenue at Rs162 crore
    • EBITDA at Rs 29.4 crore
    • PAT at Rs 22.3 crore

Dr. Kailash Katkar, Managing Director and Chief Executive Officer, Quick Heal Technologies Limited, said, “We continue to deliver strong growth in our revenues in the enterprise segment. Q2 marks 9th straight quarter delivering YoY growth for the Enterprise segment. This solidifies our belief in the business we incubated from scratch years ago and has crossed Rs 100 crore revenues in TTM basis. We have taken focussed initiatives and interventions towards our consumer segment which is degrowing at 11% to bring it back to the growth path. We have been investing heavily into our R&D and S&M for achieving our vision of growing multifold in the years to come,” he added.

Mr. Navin Sharma, Chief Financial Officer, Quick Heal Technologies Limited, said, “The need for cybersecurity is fundamentally increasing owing to the developments happening across the globe. We are overlooking bright opportunities and investing heavily in R&D and S&M to address the core and evolving needs of the customers. R&D investments for the quarter stands at 30% while the S&M stands at 25%. Our balance sheet remains strong with zero debt and cash and cash equivalents of Rs 338 crore as on 30th September 2022. We are committed to driving shareholder value by growing profitability across both of our segments and driving solid Unlevered Cash Flow and constantly rewarding our shareholders though buyback and dividend distribution programs.”

 

Result PDF

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FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 627.63 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

Quick Heal Technologies Limited - Copy of Newspaper Publication

Jan 30, 2023 l NSE Announcement

Quick Heal Technologies Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Jan 27, 2023 l NSE Announcement

Date Action Type Ratio
Aug 18, 2022 Dividend 45
Jul 29, 2021 Dividend 40

INFORMATION

Stock PE (TTM)

21.15

Promoter Holding

73.08%

Book Value

116.5673

ROCE

15.74%

ROE

12.06%

Description

  • Quick Heal Technologies Ltd is one of the leading IT security solutions company. The company offers high quality, feature-rich IT security products and solutions. It has established its proprietary anti-virus technology under the brands Quick Heal and Seqrite to cater Retail and Enterprise & Government segments, respectively. As a customer-centric, relationship-driven partner, Quick Heal focuses on providing easily deployable and trustworthy IT security solutions for defense against real-time risks. Its product portfolio addresses IT Security risks across multiple software platforms like Windows, Mac, Android and linux and across multiple devices platforms like Desktops, laptops, Mobile, tablets, serving and multiple business segments - home / Soho, SMB, Enterprise & Government. Quick Heal is currently the market leader in the retail segment with more than 30% market share. The company is also a certified partner of Microsoft since 2008. The company`s channel network comprises 21,401 channel partners, 527 Enterprise Partners, 164 Government Partners and 12 Mobile Distributors. Quick Heal Technologies Limited was incorporated as CAT Computer Services Private Limited on August 7, 1995 at Pune as a private limited company under the Companies Act, 1956. Subsequently, the name of the Company was changed to Quick Heal Technologies Private Limited and a fresh certificate of incorporation consequent upon change of name was issued by the RoC on August 7, 2007. The name of the Company was further changed to Quick Heal Technologies Limited on September 8, 2015 pursuant to conversion of the status of our Company to a public limited company and a fresh certificate of incorporation consequent upon conversion to public limited company was issued by the RoC on September 8, 2015. During the financial year ended 31 March 2016, Quick Heal Technologies expanded its operations in Pune, through its office at Marvel Edge and also at its branch at Bangalore as Support Office. During the financial year ended 31 March 2016, in the mobile smart phone market Quick Heal Technologies introduced Quick Heal Gadget Securance in which provides security and insurance as a combined product. Quick Heal Technologies came out with an initial public offer (IPO) during the period from 8 to 10 February 2016. The IPO was a combination of fresh issue of Rs 250 crore and Offer for Sale of 62.69 lakh shares by the selling shareholders. The Equity Shares of the Company were listed on BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE) since 18th February 2016 During the financial year ended 31 March 2017, Quick Heal Technologies partnered with an ambitious initiative launched by the Government of India, Cyber Swachhta Kendra (CSK), which is a botnet cleaning and malware analysis center. It aims to bring in enhanced security measures to Indian users and secure the cyber ecosystem. Botnets can cause a wreck in the internet, especially so for India, as it is one of the highly botnet infected countries in the world. During the year under review, Quick Heal Technologies sharpened its focus on the enterprise segment. The company launched products under the Seqrite brand targeted at small and medium-sized businesses (SMBs) and emerging enterprises which are cloud enabled.During the year under review, the company consolidated its Channel Management activities by further strengthening the distribution network. The company added Channel Partners across its product categories - Retail, Enterprise, and Mobile. It also implemented systems and proactive measures to ensure a stronger control on market receivables and set up a robust policy for credit lines. During the financial year ended 31 March 2018, Quick Heal Technologies continued to retain its leadership position with over 30% market share in the retail segment. The Company continued to penetrate across the untapped segments and offered best-in-class IT security solutions that created value for the end-users. During the year under review, the company strategically discontinued its mobile and handset insurance product - Quick heal Gadget Securance - as this business faced multiple challenges in servicing the claims which in turn was creating negative perception of its Brand. However, the company continued to focus on security solutions for mobiles.During the year under review, the company made further inroads into the Enterprise and Government segment through its tailor-made offerings. During the year, the company entered into a technology collaboration with Finland-Based Company, Jetico, and introduced end-point encryption solution under the brand `Seqrite`. During the year, the company increased its focus on business promotion and advertising along with sales promotion activities to spurt up the growth which is reflected in revenue growth for FY 2018.

No Data Found

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 539678
NSE Code : QUICKHEAL
Book Closure Date (Month) : Jul/Aug
BSE Group : B
ISIN : INE306L01010

ICICIdirect Quick Heal Technologies Ltd FAQ

You can buy Quick Heal Technologies Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Quick Heal 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 Quick Heal Technologies Ltd was ₹ 170.95.
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 Quick Heal Technologies Ltd stood at ₹ 907.30.
The latest PE ratio of Quick Heal Technologies Ltd as of Feb 01, 2023 04:01 PM is 21.15
The latest PB ratio of Quick Heal Technologies Ltd as of Feb 01, 2023 04:01 PM is 0.72
The 52-week high of Quick Heal Technologies Ltd is ₹ 225.30 while the 52-week low is ₹ 143.95

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