SYSTAMATIX C has announced its results for the year ended March 2023. Let us have a look at the detailed performance review of the company during FY22-23.
No. of Mths Year Ending | 12 Mar-22* | 12 Mar-23* | % Change | |
---|---|---|---|---|
Net Sales | Rs m | 893 | 725 | -18.8% |
Other income | Rs m | 18 | 63 | 246.8% |
Total Revenues | Rs m | 911 | 788 | -13.6% |
Gross profit | Rs m | 257 | 34 | -86.6% |
Depreciation | Rs m | 7 | 6 | -8.2% |
Interest | Rs m | 35 | 33 | -4.6% |
Profit before tax | Rs m | 234 | 58 | -75.3% |
Tax | Rs m | 59 | 7 | -88.4% |
Profit after tax | Rs m | 175 | 51 | -71.0% |
Gross profit margin | % | 28.8 | 4.8 | |
Effective tax rate | % | 25.1 | 11.8 | |
Net profit margin | % | 19.6 | 7.0 |
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No. of Mths Year Ending | 12 Mar-22* | 12 Mar-23* | % Change | |
---|---|---|---|---|
Networth | Rs m | 950 | 991 | 4.3 |
Current Liabilities | Rs m | 1,156 | 740 | -36.0 |
Long-term Debt | Rs m | 153 | 82 | -46.4 |
Total Liabilities | Rs m | 2,264 | 1,810 | -20.0 |
Current assets | Rs m | 1,931 | 1,461 | -24.4 |
Fixed Assets | Rs m | 332 | 349 | 5.0 |
Total Assets | Rs m | 2,264 | 1,810 | -20.0 |
Particulars | No. of months | 12 | 12 | % Change |
---|---|---|---|---|
Year Ending | Mar-22 | Mar-23 | ||
Cash Flow from Operating Activities | Rs m | 506 | -122 | - |
Cash Flow from Investing Activities | Rs m | -151 | 9 | - |
Cash Flow from Financing Activities | Rs m | -89 | -140 | - |
Net Cash Flow | Rs m | 266 | -253 | - |
No. of Mths Year Ending | 12 Mar-22* | 12 Mar-23* | |
---|---|---|---|
Sales per share (Unadj.) | Rs | 68.8 | 55.9 |
TTM Earnings per share | Rs | 13.5 | 3.9 |
Diluted earnings per share | Rs | 13.5 | 3.9 |
Price to Cash Flow | x | 29.2 | 88.1 |
TTM P/E ratio | x | 30.3 | 55.4 |
Price / Book Value ratio | x | 4.2 | 5.1 |
Market Cap | Rs m | 3,951 | 5,015 |
Dividends per share (Unadj.) | Rs | 1.0 | 0.0 |
Current Ratio: The company's current ratio improved and stood at 2.0x during FY23, from 1.7x during FY22. The current ratio measures the company's ability to pay short-term and long-term obligations.
Interest Coverage Ratio: The company's interest coverage ratio deteriorated and stood at 2.7x during FY23, from 7.7x during FY22. The interest coverage ratio of a company states how easily a company can pay its interest expense on outstanding debt. A higher ratio is preferable.
Return on Equity (ROE): The ROE for the company declined and down at 5.1% during FY23, from 18.4% during FY23. The ROE measures the ability of a firm to generate profits from its shareholders capital in the company.
Return on Capital Employed (ROCE): The ROCE for the company declined and down at 8.5% during FY23, from 24.3% during FY22. The ROCE measures the ability of a firm to generate profits from its total capital (shareholder capital plus debt capital) employed in the company.
Return on Assets (ROA): The ROA of the company declined and down at 4.6% during FY23, from 9.3% during FY22. The ROA measures how efficiently the company uses its assets to generate earnings.
No. of Mths Year Ending | 12 Mar-22* | 12 Mar-23* | |
---|---|---|---|
Current ratio | x | 1.7 | 2.0 |
Debtors’ Days | Days | 1,659 | 479 |
Interest coverage | x | 7.7 | 2.7 |
Debt to equity ratio | x | 0.2 | 0.1 |
Return on assets | % | 9.3 | 4.6 |
Return on equity | % | 18.4 | 5.1 |
Return on capital employed | % | 24.3 | 8.5 |
To see how SYSTAMATIX C has performed over the last 5 years, please visit here.
Over the last one year, SYSTAMATIX C share price has moved down from Rs 408.8 to Rs 216.9, registering a loss of Rs 191.9 or around 46.9%.
Overall, the S&P BSE SENSEX is up 1.8% over the year.
(To know more, check out historical annual results for SYSTAMATIX C and quarterly results for SYSTAMATIX C)
SYSTAMATIX C currently trades at Rs 790.0 per share. You can check out the latest share price performance of SYSTAMATIX C here...
The revenues of SYSTAMATIX C stood at Rs 788 m in FY23, which was down -13.6% compared to Rs 911 m reported in FY22.
SYSTAMATIX C's revenue has grown from Rs 580 m in FY19 to Rs 788 m in FY23.
Over the past 5 years, the revenue of SYSTAMATIX C has grown at a CAGR of 8.0%.
The net profit of SYSTAMATIX C stood at Rs 51 m in FY23, which was down -71.0% compared to Rs 175 m reported in FY22.
This compares to a net profit of Rs 13 m in FY21 and a net loss of Rs -44 m in FY20.
Over the past 5 years, SYSTAMATIX C net profit has grown at a CAGR of NaN%.
The cash flow statement is the financial statement that presents the cash inflows and outflows of a company during a given period of time.
This statement is one of the most useful tools for judging a company's liquidity position. The ratios and parameters in this statement helps test a company's financial health.
The cash flow statement of SYSTAMATIX C reveals:
Here's the cash flow statement of SYSTAMATIX C for the past 5 years.
(Rs m) | FY19 | FY20 | FY21 | FY22 | FY23 |
---|---|---|---|---|---|
From Operations | 494 | 933 | 178 | 506 | -122 |
From Investments | 15 | -8 | -18 | -151 | 9 |
From Financial Activity | -548 | -829 | 59 | -89 | -140 |
Net Cashflow | -39 | 96 | 219 | 266 | -253 |
Be it the company's profitability, operations effectiveness or utilization of funds, ratio analysis is an important tool which helps in making investment decisions.
The ratio/financial analysis of SYSTAMATIX C reveals:
Here's the ratio/financial analysis of SYSTAMATIX C for the past 5 years.
FY19 | FY20 | FY21 | FY22 | FY23 | |
---|---|---|---|---|---|
Operating Profit Margin (%) | 27.2 | 16.9 | 8.8 | 28.8 | 4.8 |
Net Profit Margin (%) | -5.2 | -8.7 | 2.4 | 19.6 | 7.0 |
Debt to Equity Ratio (x) | 0.3 | 0.3 | 0.3 | 0.2 | 0.1 |
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