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Cigniti Technologies share price

Cigniti Technologies Ltd.

NSE: CIGNITITEC BSE: 534758 SECTOR: IT - Software  66k   167   14

1301.15
+10.30 (0.80%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 1303.15

Today's Low

₹ 1290.75

52 Week High

₹ 1394

52 Week Low

₹ 757.65

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

3552.15 Cr.

Enterprise Value

3500.73 Cr.

No. of Shares

2.73 Cr.

P/E

37.47

P/B

6.95

Face Value

₹ 10

Div. Yield

0.42 %

Book Value (TTM)

₹  187.1

CASH

81.86 Cr.

DEBT

30.44 Cr.

Promoter Holding

32.77 %

EPS (TTM)

₹  34.72

Sales Growth

52.93%

ROE

24.97 %

ROCE

31.84%

Profit Growth

159.08 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year52.93%
3 Year32.37%
5 Year23.37%

Profit Growth

1 Year159.08%
3 Year19.47%
5 Year31.97%

ROE%

1 Year24.97%
3 Year17.6%
5 Year21.41%

ROCE %

1 Year31.84%
3 Year21.8%
5 Year23.9%

Debt/Equity

0.0704

Price to Cash Flow

29.41

Interest Cover Ratio

66.9931661773906

CFO/PAT (5 Yr. Avg.)

1.34427228334831

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2024 32.77 0
Dec 2023 32.77 0
Sep 2023 33.46 3.07
Jun 2023 34.59 3.71
Mar 2023 34.61 3.71
Investors List
* Figures given above are % of equity capital

 Strengths

  • The Company is Virtually Debt Free.
  • PEG ratio is 0.224869603728194%.
  • The company has delivered good Income growth over the past 3 years of 32.3737012546223%.
  • The company has effective cash conversion ratio of 118.743044878475.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
Net Sales 187.69 190.3 195.91 202.87 199.65
Total Expenditure 146.24 153.83 156.57 164.21 189.87
Operating Profit 41.45 36.47 39.34 38.66 9.79
Other Income 2.87 5.49 5.16 6.88 8.66
Interest 0.45 0.48 0.46 0.55 0.67
Depreciation 4.9 5.01 5.47 5.74 5.7
Exceptional Items 0 0 0 0 0
Profit Before Tax 38.97 36.47 38.57 39.25 12.08
Tax 10 9.31 9.28 9.75 3.24
Profit After Tax 28.97 27.16 29.29 29.5 8.84
Adjusted EPS (Rs) 10.63 9.96 10.73 10.81 3.24

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 260.89 300.33 311.07 455.52 696.64
Total Expenditure 216.93 241.15 250.23 399.02 551.37
Operating Profit 43.96 59.18 60.84 56.5 145.27
Other Income 29.03 19.41 12.68 13.94 13.35
Interest 3.25 4.18 3.79 3.08 2.08
Depreciation 2.56 9.52 10.08 13.39 19.42
Exceptional Items 0 0 0 0 0
Profit Before Tax 67.17 64.89 59.65 53.97 137.13
Provision for Tax 7.46 5.23 5.21 14.71 35.4
Net Profit 59.71 59.65 54.44 39.26 101.72
Adjusted EPS (Rs.) 21.59 21.42 19.43 14 37.32

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 27.66 27.85 28.02 28.05 27.26
Total Reserves 210.77 265.83 322.56 355.21 409.49
Borrowings 0 0 0 0 0
Other N/C liabilities 7.47 36.72 27.33 32.32 29.12
Current liabilities 43.09 56.99 62.24 83.25 111.33
Total Liabilities 289 387.39 440.14 498.83 577.19
Assets
Net Block 12.97 42.48 35.55 50.95 40.88
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 69.41 69.41 69.41 69.41 101.76
Loans & Advances 4.29 5.16 5.08 4.96 5.79
Other N/C Assets 0 3.5 0 11.7 14.14
Current Assets 202.33 266.84 330.1 361.8 414.64
Total Assets 289 387.39 440.14 498.83 577.19
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 67.17 64.89 59.65 53.97 137.13
Adjustment 14.8 9.2 6.64 13.86 13.16
Changes in Assets & Liabilities 30.15 24.73 5.54 -14.64 4.28
Tax Paid -12.66 -5.82 -10.47 -4.64 -33.78
Operating Cash Flow 99.46 93 61.37 48.55 120.79
Investing Cash Flow 2 -134.75 -43.49 -43.59 -55.29
Financing Cash Flow -46.62 -9.1 -9.14 -16.62 -64.24
Net Cash Flow 54.84 -50.85 8.74 -11.65 1.27

Corporate Actions

Investors Details

PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
promoters 34.61 34.59 33.46 32.77 32.77
chakkilam rajeswari 1.61 - - - 0.32
chakkilam srikanth 9.17 9.17 9.16 9.16 9.16
chakkilam venkata subrama... - 10.76 10.75 - 10.25
sapna pennam 13.06 13.05 13.04 13.04 13.04
rajeswari chakkilam - 1.61 0.51 0.32 -
venkata subramanyam chakk... 10.77 - - 10.25 -
PARTICULARS Mar 2023% Jun 2023% Sep 2023% Dec 2023% Mar 2024%
investors 65.39 65.41 66.54 67.23 67.23
anjana bangad 2.24 2.24 2.12 1.83 1.87
kukunuru kumar bapuji 1.15 1.15 1.15 1.15 1.15
kukunuru madhava lakshmi 5.87 5.68 5.68 5.68 5.68
pradeep kumar ravikanthi 1.32 1.15 1.07 1.05 1.05
vanaja devi gundavaram 1.09 1.09 1.09 1.09 1.70
chennamaneni mithun chand... - - 2.71 2.45 -
pmk holdings private limi... 1.47 - 1.46 - -
venumanohar rao rangineni... 1.43 1.45 1.24 - -
mithun chand chennamaneni... 2.20 1.47 - - -

Annual Reports

Ratings & Research Reports

No Credit and Research reports exist for this company.Report us

Company Presentations

Company News

Cigniti Technologies - Quaterly Results1 May 2024, 11:11PM Cigniti Technologies - Quaterly Results1 May 2024, 11:11PM Cigniti Technologies informs about outcome of board meeting11 Mar 2024, 10:10AM Cigniti Technologies informs about scrutinizer report8 Mar 2024, 4:45PM Cigniti Technologies informs about outcome of EGM8 Mar 2024, 12:32PM Cigniti Technologies - Quaterly Results6 Feb 2024, 2:59PM Cigniti Technologies - Quaterly Results6 Feb 2024, 2:59PM Cigniti Technologies - Quaterly Results6 Feb 2024, 2:59PM Cigniti Technologies informs about appointment of director & CEO23 Jan 2024, 9:45AM Cigniti Technologies informs about appointment of director & CEO22 Jan 2024, 3:59PM Cigniti Technologies informs about disclosure20 Dec 2023, 5:06PM Cigniti Technologies informs about disclosure 5 Dec 2023, 12:17PM Cigniti Technologies informs about disclosure 1 Dec 2023, 12:21PM Cigniti Technologies informs about disclosure 1 Dec 2023, 12:18PM Cigniti Technologies informs about analyst meet28 Nov 2023, 2:29PM Cigniti Technologies informs about analyst meet 21 Nov 2023, 11:51AM Cigniti Technologies - Quaterly Results3 Nov 2023, 4:28PM Cigniti Technologies - Quaterly Results3 Nov 2023, 4:28PM Cigniti Technologies submits board meeting intimation 26 Oct 2023, 4:29PM Cigniti Technologies achieves TISAX Label 2 Certification with Maturity Level 3 in Automotive Industry 6 Oct 2023, 9:50AM Cigniti Technologies recognized as leader in Everest Group’s QE Services PEAK Matrix Assessment 202323 Sep 2023, 11:07AM Cigniti Technologies submits EGM notice22 Sep 2023, 10:11AM Cigniti Technologies informs about institutional investor meet16 Sep 2023, 4:00PM Cigniti Technologies informs about scrutinizer report of EGM 24 Aug 2023, 5:11PM Cigniti Technologies informs about outcome of board meeting 23 Aug 2023, 10:22AM Cigniti Technologies informs about disclosure 8 Aug 2023, 12:26PM Cigniti Technologies informs about investor presentation29 Jul 2023, 10:58AM Cigniti Technologies - Quaterly Results28 Jul 2023, 4:20PM Cigniti Technologies - Quaterly Results28 Jul 2023, 4:20PM Cigniti Technologies - Quaterly Results28 Jul 2023, 4:20PM Cigniti Technologies recognized as Leader in NelsonHall's NEAT report ‘Quality Engineering 2023’20 Jul 2023, 3:30PM Cigniti Technologies informs about analyst meet 4 Jul 2023, 2:16PM Cigniti Technologies informs about outcome of AGM16 Jun 2023, 2:10PM Cigniti Technologies informs about withdrawal of re-appointment 16 Jun 2023, 9:52AM Cigniti Technologies informs about withdrawal of re-appointment16 Jun 2023, 9:52AM Cigniti Technologies informs about press release15 Jun 2023, 2:57PM Cigniti Technologies informs about newspaper publication24 May 2023, 10:00AM Cigniti Technologies recognized as great place to work for second time 10 May 2023, 2:17PM Cigniti Technologies informs about analyst meet3 May 2023, 4:46PM Cigniti Technologies reports 2- fold jump in Q4 consolidated net profit3 May 2023, 2:23PM Cigniti Technologies informs about investor presentation3 May 2023, 2:16PM Cigniti Technologies - Quaterly Results2 May 2023, 6:09PM Cigniti Technologies - Quaterly Results2 May 2023, 6:09PM Cigniti Technologies - Quaterly Results2 May 2023, 6:09PM Cigniti Technologies informs about press release1 Apr 2023, 10:00AM Cigniti Technologies informs about closure of trading window31 Mar 2023, 10:03AM Cigniti Technologies informs about outcome of board meeting 31 Mar 2023, 9:58AM Cigniti Technologies informs about disclosure 20 Mar 2023, 12:36PM Cigniti Technologies informs about disclosure 20 Mar 2023, 12:31PM Cigniti Technologies inks pact with LambdaTest13 Jan 2023, 9:22AM

Cigniti Technologies Stock Price Analysis and Quick Research Report. Is Cigniti Technologies an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

An easier way to determine a company's performance is to examine its financial ratios, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse Cigniti Technologies . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Cigniti Technologies has a PE ratio of 37.4605076335108 which is high and comparatively overvalued .

  • Share Price: - The current share price of Cigniti Technologies is Rs 1300.7. One can use valuation calculators of ticker to know if Cigniti Technologies share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Cigniti Technologies has ROA of 18.9073229176357 % which is a good sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Cigniti Technologies has a Current ratio of 3.72447731216832 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Cigniti Technologies has a ROE of 24.9722717432985 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Cigniti Technologies has a Debt to Equity ratio of 0.0704 which means that the company has low proportion of debt in its capital.

  • Sales growth: - Cigniti Technologies has reported revenue growth of 52.9339177803599 % which is fair in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Cigniti Technologies for the current financial year is 20.852964983925 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Cigniti Technologies is Rs 5.5 and the yield is 0.4226 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of Cigniti Technologies is Rs 34.7219 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of Cigniti Technologies in Ticker for free. Also, one can get the Intrinsic Value of Cigniti Technologies by using Valuation Calculators available with Finology ONE subscription. 

Last Updated on:
Brief about Cigniti Technologies

Cigniti Technologies Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

Cigniti Technologies Ltd. is a renowned name in the world of software testing and quality assurance services. With an extensive experience spanning over two decades, the company has established itself as a global leader in the industry. Cigniti provides cutting-edge solutions to help organizations ensure the quality, reliability, and performance of their software applications, enabling them to deliver seamless user experiences.

Cigniti Technologies Ltd. - Share Price

Stay up-to-date with the latest share price of Cigniti Technologies Ltd. on our website. Our pre-built screening tools allow you to track the performance of the company's stock, helping long-term investors make informed decisions. As a trusted source of stock analysis, we provide the necessary information to understand the market dynamics and assess the potential value of Cigniti's shares.

Cigniti Technologies Ltd. - Balance Sheet

Examine the balance sheet of Cigniti Technologies Ltd., a snapshot of the company's financial position. Our website provides annual reports, investor presentations, and credit ratings for download, allowing you to delve into the details of Cigniti's financial health. Additionally, our premium features provide tools such as DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis to calculate fair value.

Cigniti Technologies Ltd. - Annual Report

The annual report of Cigniti Technologies Ltd. offers a comprehensive overview of the company's performance over the past year. Delve into the details of the company's financials, strategic initiatives, and operational highlights. Gain insights into the management's vision, business strategy, and growth prospects. Download the annual reports from our website to thoroughly analyze Cigniti's performance.

Cigniti Technologies Ltd. - Dividend

Discover the dividend history of Cigniti Technologies Ltd. on our website. For long-term stock investors seeking stock analysis, understanding a company's dividend policy is crucial. By examining past dividend payments, investors can assess the stability and profitability of Cigniti and make informed decisions about their investment strategy.

Cigniti Technologies Ltd. - Quarterly Result

Stay informed about Cigniti Technologies Ltd.'s quarterly results, a snapshot of the company's financial performance on a quarterly basis. Our website provides downloadable quarterly result reports, enabling investors to track the company's progress and make data-driven decisions. Utilize our pre-built screening tools and premium features, such as fair value calculation using DCF Analysis, BVPS Analysis, Earnings multiple approach, and DuPont analysis, to gain deep insights into Cigniti's financials.

Cigniti Technologies Ltd. - Stock Price

Monitor the stock price of Cigniti Technologies Ltd. on our website. Our pre-built screening tools help you analyze and interpret the fluctuations in the stock price, enabling long-term investors to make informed decisions. Stay updated with real-time stock prices and historical data to assess the investment potential of Cigniti's shares.

Cigniti Technologies Ltd. - Price Chart

Visualize the stock price trends of Cigniti Technologies Ltd. through interactive price charts available on our website. Analyze the historical price movements, identify patterns, and make informed investment decisions. Our comprehensive price charts help investors understand the market dynamics and assess the performance of Cigniti's shares over time.

Cigniti Technologies Ltd. - News

Stay updated with the latest news and developments related to Cigniti Technologies Ltd. On our website, we provide a curated selection of news articles, press releases, and market updates that impact the company's stock performance. By keeping a pulse on the news, investors can gain valuable insights to inform their investment strategies.

Cigniti Technologies Ltd. - Concall Transcripts

Access the concall transcripts of Cigniti Technologies Ltd. on our website. Concall transcripts provide an in-depth understanding of the company's management discussions, strategic decisions, and future outlook shared during the earnings conference calls. By studying these transcripts, investors can gain valuable insights into Cigniti's operations, growth plans, and market opportunities.

Cigniti Technologies Ltd. - Investor Presentations

Download investor presentations from our website to gain a deeper understanding of Cigniti Technologies Ltd.'s business model, growth strategy, and financial performance. Investor presentations offer a comprehensive overview of the company's operations, market positioning, and future prospects. By examining these materials, long-term investors can make data-driven investment decisions.

Cigniti Technologies Ltd. - Promoters

Learn about the dedicated and experienced promoters behind Cigniti Technologies Ltd. As long-term investors seeking stock analysis, understanding the management team and their expertise is crucial. Cigniti's promoters bring a wealth of knowledge and industry experience, contributing to the company's success and growth trajectory.

Cigniti Technologies Ltd. - Shareholders

Gain knowledge about the shareholders of Cigniti Technologies Ltd. Understanding the company's ownership structure is vital for long-term investors analyzing a stock. By studying the shareholders, investors can identify major stakeholders, assess their influence on decision-making, and analyze the stability of the company's ownership.

At our website, we provide comprehensive stock analysis resources for long-term investors interested in Cigniti Technologies Ltd. Utilize our pre-built screening tools, downloadable reports, and premium features to delve into the company's financial health, performance indicators, and fair value calculations. Stay updated with the latest news, stock prices, and essential information to make informed investment decisions.

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