Sasken Technologies Ltd (SASKEN)
₹1664.85▲0.49%
Performance
Day's Low
Day's High
₹1,620.1₹1,695.2552 Week's Low
52 Week's High
₹905.35₹1,955.2
| Returns % | |
| 1 Month Return | + 3.89 % |
| 3 Month Return | + 6.78 % |
| 1 Year Return | + 68.5 % |
| Market Stats | |
| Previous Close | ₹1,656.65 |
| Open | ₹1,684.60 |
| Volume | 7,818.00 |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹2,497.89Cr |
Key Statistics
| P/E Ratio | 31.68 |
| PEG Ratio | -2.29 |
| Market Cap | ₹2,497.89 Cr |
| P/B Ratio | 2.98 |
| EPS | 52.22 |
Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| NA | ₹2,497.89 Cr | 39.12% | 0.51 | ₹78 Cr | ₹406 Cr |
 | BUY | ₹12,370.81 Cr | 23.8% | 0.64 | ₹248 Cr | ₹1,626 Cr |
 | NA | ₹302.53 Cr | 37.08% | 0.51 | ₹15 Cr | ₹91 Cr |
| NA | ₹417.77 Cr | 3.32% | 0.50 | NA | NA |
 | NA | ₹1,424.03 Cr | 29.55% | 0.50 | ₹13 Cr | ₹174 Cr |
Mutual Fund Holdings
| Funds | Holdings | Prev. 6M |
|---|---|---|
 Quant Teck Fund Direct Growth | 4.36% |
Company Information
SCTL received its first telecom contract in 1993 and began investing in R&D in that space. It partnered with DLNA in 1997, changed its name from Silicon Automation Systems India to Sasken Communication Technologies Ltd. in 2000, and had its first licensing deal in the wireless space the same year. In 2001, SCTL was assessed at SEI CMM Level 5, received ISO9001:2000 certification, and was awarded an NHRD (National Human Resources Development) award.
In 2005, SCTL went public and acquired iSoftTech Private Ltd in Chennai and Botnia Hightech in Finland in 2006. In 2007, Sasken Automotive Electronics Pvt Ltd (TSAE), a joint venture between SCTL and Tata Autocomp, was formed to develop automotive electronic products. 2008 saw them transferring their adaptation software RD operations to Bochum, Germany as well as its first NFC Software Stack partner agreement with Innovision Research and Technology in the UK.
Share Price: ₹1664.85 per share as on 24 Jul, 2024 04:01 PM
Market Capitalisation: ₹2,497.89Cr as of today
Revenue: ₹108.99Cr as on March 2024 (Q1 24)
Net Profit: ₹17.21Cr as on March 2024 (Q1 24)
Listing date: 09 Sep, 2005
Chairperson Name: Rajiv C Mody
| Organisation | Sasken Technologies Ltd |
| Headquarters | Bangalore |
| Industry | IT - Software |
| E-voting on shares | Click here to vote |
Key events for Sasken Technologies Ltd
Sasken Technologies' Earnings Announcement Shows Weaknesses - 13 Jul, 2024
Sasken Technologies' weak earnings announcement suggests underlying weaknesses in the numbers, with a significant contribution from unusual items relative to its profit and decreased earnings per share. It is essential to consider more than just these factors to understand the company properly.
Sasken Technologies' 26% Price Boost Out of Tune with Earnings - 02 Jul, 2024
Despite a 26% price boost in the last month, Sasken Technologies Ltd's P/E ratio of 35.4x is concerning given its recent poor growth rate and underperformance compared to market forecasts. The company has seen a frustrating 21% decrease in bottom line over the past year and EPS shrinkage by 31% in aggregate over the last three years. Unless medium-term conditions improve, it's challenging to accept current prices as reasonable.
Sasken Tech Aims for Sales Growth with New CEO - 28 Jun, 2024
Sasken Technologies is aiming to revive its sales growth under new CEO Anjan Lahiri after a decline of 13% in Q1 revenues. Despite a 26% CAGR over five years, Sasken's EPS has fallen by 0.3% per year and revenue by 4.2% per year. However, insiders have made significant purchases in the last year.
Insights on Sasken Technologies Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTRevenue Rich
Revenue is up for the last 3 quarters, 112.85 Cr → 129.89 Cr (in ₹), with an average increase of 6.7% per quarter
- POSITIVE IMPACT
Best in 1 Year
In the last 1 year, SASKEN has outperformed top 5 stocks with highest market-cap in IT Services & Consulting
NO EFFECTPromoter Holding Unchanged
Promoters holdings remained unchanged at 43.25% of holdings in Jun 2024 quarter
- NO EFFECT
FII Holding Unchanged
Foreign Institutions holdings remained unchanged at 18.38% of holdings in Jun 2024 quarter
- NO EFFECT
Against Peers
In the last 3 years, HCL Technologies Ltd has given 59.8% return, outperforming this stock by 35.8%
NEGATIVE IMPACTProfit Down
Netprofit is down for the last 4 quarters, 25.7 Cr → 17.19 Cr (in ₹), with an average decrease of 11.5% per quarter
- NEGATIVE IMPACT
Price Dip
In the last 7 days, SASKEN stock has moved down by -5.1%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 37.23% to 37.11% in Jun 2024 quarter
Company Financials
| Q'1 24 | Q/Q Change | |
|---|---|---|
Revenue | ₹108.99Cr | ↑13.01% |
Net Income | ₹17.21Cr | ↓3.04% |
Net Profit Margin | 15.79% | ↓14.23% |
| 2024 | Y/Y Change | |
|---|---|---|
Revenue | ₹406.43Cr | ↓9.07% |
Net Income | ₹78.74Cr | ↓20.84% |
Net Profit Margin | 19.37% | ↓12.94% |
| 2024 | Y/Y Change | |
|---|---|---|
Total Assets | ₹889.60Cr | ↑9.67% |
Total Liabilities | ₹117.17Cr | ↑25.92% |
| 2024 | Y/Y Change | |
|---|---|---|
Operating Cash Flow | ₹43.99Cr | ↑41.04% |
Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 43.25% | 0.00 | |
| Foreign Institutions | 18.38% | 0.01 | |
| Mutual Funds | 0.65% | 0.00 | |
| Retail Investors | 37.11% | ||
| Others | 0.61% | 23.31 |
Key Indicators
Sasken Technologies Ltd Valuation
Sasken Technologies Ltd in the last 5 years
Lowest (6.06x)
March 24, 2020
Today (31.68x)
July 23, 2024
Industry (38.04x)
July 23, 2024
Highest (35.64x)
July 4, 2024
Earnings and Dividends
Sasken Technologies Ltd Earnings Results
Sasken Technologies Ltd’s net profit jumped 0.7% since last year same period to ₹17.19Cr in the Q4 2023-2024. On a quarterly growth basis, Sasken Technologies Ltd has generated -3.15% fall in its net profits since last 3-months.
Read More about Earnings ResultsSasken Technologies Ltd Dividends May,2024
In the quarter ending March 2024, Sasken Technologies Ltd has declared dividend of ₹13 - translating a dividend yield of 1.51%.
Read More about Dividends
Technicals Summary
Bearish
Neutral
Bullish
Sasken Technologies Ltd is currently in a Bearish trading position according to technical analysis indicators.
Frequently Asked Questions
- Get a PAN card.
- Open a Demat account.
- Open a Trading account.
- Link your Demat account to your Trading account.
- Fund your Trading account.
- Place an order to buy Sasken Technologies Ltd shares.
Sasken Technologies Ltd (SASKEN) share price today is ₹1664.85
Sasken Technologies Ltd is listed on NSE
Sasken Technologies Ltd is listed on BSE
- Today’s highest price of Sasken Technologies Ltd is ₹1695.25.
- Today’s lowest price of Sasken Technologies Ltd is ₹1620.1.
PE Ratio of Sasken Technologies Ltd is 31.68
PE ratio = Sasken Technologies Ltd Market price per share / Sasken Technologies Ltd Earnings per share
Today’s traded volume of Sasken Technologies Ltd(SASKEN) is 7,818.00.
Today’s market capitalisation of Sasken Technologies Ltd(SASKEN) is ₹2497.89Cr.
| Sasken Technologies Ltd(SASKEN | Price |
|---|---|
52 Week High | ₹1955.2 |
52 Week Low | ₹905.35 |
Sasken Technologies Ltd(SASKEN) share price is ₹1664.85. It is down -14.85% from its 52 Week High price of ₹1955.2
Sasken Technologies Ltd(SASKEN) share price is ₹1664.85. It is up 83.89% from its 52 Week Low price of ₹905.35
| Sasken Technologies Ltd(SASKEN | Returns |
|---|---|
1 Day Returns | 8.2% |
1 Month Returns | 3.89% |
3 Month Returns | 6.78% |
1 Year Returns | 68.5% |