Cigniti Technologies Ltd
CIGNITITECCigniti Technologies Ltd
CIGNITITEC
Price Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is overpriced but is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
| No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
|---|---|---|
| 27.58 | 5.18 | 0.21% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 34.43 | 9.08 | 1.70% |
Forecast & Ratings
Detailed Forecast from 1 analyst
Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Cigniti Technologies Limited is engaged in software testing business. It's offerings include test offerings on cloud, mobile testing, big data testing, test advisory services, functional testing etc.
Peers
Compare with peersOracle Financial Services Software Ltd
Persistent Systems Ltd
L&T Technology Services Ltd
Tata Elxsi Ltd
Cyient Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Hmm, looks like data is unavailable here. Please come back after some timeRevenue Forecast
All values in ₹ Thousand cr.
All values in ₹ Thousand cr.
Earnings Per Share Forecast
All values in ₹
All values in ₹
Income
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 598.25 | 619.50 | 693.86 | 843.33 | 893.60 | 909.98 | 1,255.24 | 1,662.30 | 1,848.09 | 1,938.81 | ||||||||||
Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,712.38 | ||||||||||
| Power & Fuel Cost | 0.02 | 5.86 | 4.92 | 4.06 | 3.87 | 3.19 | 3.24 | 4.72 | 5.87 | |||||||||||
| Employee Cost | 390.29 | 451.33 | 470.10 | 475.36 | 518.96 | 521.58 | 739.27 | 964.46 | 1,124.18 | |||||||||||
| Selling & Administrative Expenses | 97.36 | 168.65 | 77.36 | 84.66 | 81.92 | 58.63 | 100.40 | 101.79 | 144.73 | |||||||||||
| Operating & Other expenses | 9.22 | 347.57 | 88.86 | 119.23 | 138.53 | 167.66 | 269.61 | 338.91 | 318.48 | |||||||||||
EBITDA | 101.36 | -353.91 | 52.62 | 160.02 | 150.32 | 158.92 | 142.72 | 252.42 | 254.83 | 226.43 | ||||||||||
| Depreciation/Amortization | 11.29 | 16.96 | 2.71 | 3.15 | 11.48 | 12.27 | 16.16 | 26.38 | 30.33 | 33.28 | ||||||||||
| PBIT | 90.07 | -370.87 | 49.91 | 156.87 | 138.84 | 146.65 | 126.56 | 226.04 | 224.50 | 193.15 | ||||||||||
| Interest & Other Items | 6.03 | 16.10 | 16.98 | 14.64 | 8.00 | 5.59 | 5.05 | 4.40 | 4.12 | 3.45 | ||||||||||
| PBT | 84.04 | -386.97 | 32.93 | 142.23 | 130.84 | 141.06 | 121.51 | 221.64 | 220.38 | 189.70 | ||||||||||
| Taxes & Other Items | 34.35 | 7.86 | 0.77 | -5.13 | 9.24 | 35.71 | 29.78 | 53.32 | 54.79 | 51.07 | ||||||||||
| Net Income | 49.69 | -394.83 | 32.16 | 147.36 | 121.60 | 105.35 | 91.73 | 168.32 | 165.59 | 138.63 | ||||||||||
| EPS | 19.78 | -151.83 | 11.96 | 53.67 | 43.81 | 37.72 | 32.72 | 60.86 | 60.70 | 50.78 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.50 | 2.50 | 5.50 | 3.00 | 3.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.08 | 0.09 | 0.05 | 0.06 |
Company Updates
Annual report
PDFPeers & Comparison
Information TechnologySoftware Services
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Cigniti Technologies Ltd | 23.09 | 5.18 | 0.21% |
| Oracle Financial Services Software Ltd | 43.68 | 12.34 | 2.15% |
| Persistent Systems Ltd | 80.02 | 17.65 | 0.46% |
| L&T Technology Services Ltd | 41.67 | 10.16 | 0.97% |
Price Comparison
Compare CIGNITITEC with any stock or ETFShareholdings
Promoter Holdings Trend
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 10.09%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Decreased Total Retail Holding
In last 3 months, retail holding in the company has decreased by 6.55%
Decreased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has decreased by 1.09%
Shareholding Pattern
Mar 2024
Jun 2024
Jul 2024
Sep 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 3.25%
Top 5 Mutual Funds holding Cigniti Technologies Ltd
| Funds (Top 5) | The rupee value of the stock held by the fund divided by the stock’s market cap Market-cap held | Percentage of the fund’s portfolio invested in the stock Weight | Change in the portfolio weight of the stock over the last 3 months 3M holding change | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months Portfolio rank(3M change) |
|---|---|---|---|---|
ICICI Prudential Technology Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.9457% | Percentage of the fund’s portfolio invested in the stock 0.55% | Change in the portfolio weight of the stock over the last 3 months 0.02% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 30/79 (+1) |
ICICI Prudential Equity Savings Fund - Cumulative - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.8933% | Percentage of the fund’s portfolio invested in the stock 0.59% | Change in the portfolio weight of the stock over the last 3 months -0.25% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 87/104 (-1) |
WhiteOak Capital Flexi Cap Fund - Growth - Direct Plan Growth | The rupee value of the stock held by the fund divided by the stock’s market cap 1.0815% | Percentage of the fund’s portfolio invested in the stock 1.00% | Change in the portfolio weight of the stock over the last 3 months 1.00% | The rank of the stock in the fund’s portfolio based on its weight in the portfolio along with the change in the rank over the last 3 months 127/153 (+21) |
Compare 3-month MF holding change on Screener
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No dividend trend available
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateNov 16, 2023
Dividend/Share
₹3.00
Ex DateEx Date
Nov 16, 2023
Cash Dividend
Ex DateEx DateJun 9, 2023
Dividend/Share
₹3.00
Ex DateEx Date
Jun 9, 2023
Cash Dividend
Ex DateEx DateJun 9, 2023
Dividend/Share
₹2.50
Ex DateEx Date
Jun 9, 2023
Cash Dividend
Ex DateEx DateJun 16, 2022
Dividend/Share
₹2.50
Ex DateEx Date
Jun 16, 2022
Cash Dividend
Ex DateEx DateMay 27, 2021
Dividend/Share
₹2.50
Ex DateEx Date
May 27, 2021
Net profit of Cigniti Technologies rose 15.44% to Rs 52.94 crore in the quarter ended September 2024 as against Rs 45.86 crore during the previous quarter ended September 2023. Sales rose 10.48% to Rs 499.18 crore in the quarter ended September 2024 as against Rs 451.83 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales499.18451.83 10 OPM %13.0114.35 - PBDT81.9369.01 19 PBT72.5461.42 18 NP52.9445.86 15 Powered by Capital Market - Live
Cigniti Technologies will hold a meeting of the Board of Directors of the Company on 22 October 2024.Powered by Capital Market - Live
Cigniti Technologies announced that the Annual General Meeting (AGM) of the company will be held on 10 September 2024.Powered by Capital Market - Live
Cigniti Technologies consolidated net profit declines 76.39% in the June 2024 quarter
Net profit of Cigniti Technologies declined 76.39% to Rs 10.52 crore in the quarter ended June 2024 as against Rs 44.56 crore during the previous quarter ended June 2023. Sales rose 6.59% to Rs 468.49 crore in the quarter ended June 2024 as against Rs 439.53 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales468.49439.53 7 OPM %10.6014.12 - PBDT55.1265.72 -16 PBT46.8758.61 -20 NP10.5244.56 -76 Powered by Capital Market - Live
Q1 Results Today: IDBI Bank, Suzlon Energy, Coforge, UCO Bank Among 40+ Firms To Declare Earnings
Cigniti Technologies will hold a meeting of the Board of Directors of the Company on 22 July 2024.Powered by Capital Market - Live
Coforge acquires 27.98% stake in Cigniti Technologies
Coforge buys 17% stake in Cigniti Technologies for Rs 645 cr via block deal
Coforge acquires 11.07% stake in Cigniti Technologies
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 16.99%, vs industry avg of 14.2%
Increasing Market Share
Over the last 5 years, market share increased from 2.55% to 2.82%
Lower than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 2.36%, vs industry avg of 16.3%