Xtranet Technologies Unlisted Shares
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XtraNet Technologies shares are likely in a sideways trend due to a combination of factors, including the company's recent financial performance, potential for future growth, and the broader market context. Specifically, XtraNet is planning an IPO after the release of their FY25 financial results.
About Xtranet Technologies Unlisted Shares
Established in 2002 and headquartered in Bhopal, Madhya Pradesh, XtraNet Technologies Pvt. Ltd. is a leading IT and IT-enabled services company. With a focus on delivering cost-effective and scalable solutions, XtraNet operates across multiple domains such as ERP, IT system integration, BPO, application development, smart city projects, digital transformation, and PKI/e-signature services. The company has a global footprint, with offices in the USA, Canada, and Singapore, serving a diverse industry base.
Business Divisions
A) Services Division
- IT Systems Integration: Enhancing connectivity and performance across enterprise infrastructure.
- BPO Services: Managing non-core processes to boost client operational efficiency.
- ERP & App Development: Custom-built software and ERP deployments tailored to client needs.
B) Product Division
- XtraTrust: A secure PKI and digital certificate platform for digital verification and signatures.
- Synergy: A low-code platform that enables quick, cost-efficient digital transformation for businesses.
Revenue Segmentation (FY24):
- IT Services: 52%
- BPO Services: 34%
- ERP & App Dev: 5%
- XtraTrust: 5%
- Synergy: 4%
Financial Highlights (Pwrite Format)
- Revenue Growth: Increased from ₹86 Cr in FY22 to ₹226 Cr in FY24, showing strong business expansion.
- Profitability: PAT rose significantly from ₹1 Cr in FY22 to ₹11.84 Cr in FY24, indicating rising profitability.
- Margins Improvement: Gross margins rebounded to 24.78% in FY24 from 12.96% in FY23.
- EBITDA and OPM: EBITDA touched ₹17.91 Cr with an OPM of 7.92% in FY24, showing efficient operations.
- Debt Position: Borrowings increased to ₹37 Cr in FY24, reflecting higher leverage for growth.
- Receivables: Trade receivables dropped to ₹95 Cr from ₹160 Cr in FY23, improving cash flow.
- EPS Surge: EPS climbed to ₹17.18 in FY24 from ₹7.98 in FY23, benefiting shareholders.
Pros
- Diverse Offerings: Operates across IT services, BPO, ERP, and digital transformation platforms.
- Global Presence: Offices in USA, Canada, and Singapore enhance its international reach.
- Strong Financial Growth: Consistent revenue and PAT growth with improving margins and EPS.
Cons
- High Trade Payables: ₹109 Cr in FY24 indicates reliance on extended credit cycles.
- Rising Debt: Borrowings increased from ₹17 Cr to ₹37 Cr, increasing interest obligations.
- High Operational Costs: Other expenses nearly doubled to ₹40.27 Cr in FY24, affecting margins.
Key Details
Share Name | Particulars |
---|---|
Xtranet Technologies Limited Unlisted | 475 |
Shares Price | Per Equity Share |
Lot Size | 2500 Shares |
52 Week High | ₹475 |
52 Week LoW | ₹475 |
Depository | NSDL & CDSL |
PAN Number | AAACX0238J |
ISIN Number | INE0NG701011 |
CIN | U72200MP2002PTC014956 |
RTA | KFin Technologies |
Fundamentals | Value |
---|---|
Market Cap (in cr.) | 372.11 |
P/E Ratio | 27.65 |
P/B Ratio | 14.37 |
Debt to Equity | 1.43 |
ROE (%) | 46% |
Book Value | 33.05 |
EPS | 17.18 |
Face Value | 10 |
Total Shares | 7833940 |
Financials
P&L Statement | 2024 | 2023 | 2022 |
---|---|---|---|
Revenue | 226 | 216 | 86 |
Cost of Material Consumed | 170 | 188 | 64 |
Gross Margins | 24.78 | 12.96 | 25.58 |
Change in Inventory | -19 | -21 | -9 |
Employee Benefit Expenses | 16.82 | 16 | 15 |
Other Expenses | 40.27 | 22 | 11 |
EBITDA | 17.91 | 11 | 5 |
OPM | 7.92 | 5.09 | 5.81 |
Other Income | 0.29 | 0.16 | 0.19 |
Finance Cost | 2.49 | 2 | 1 |
D&A | 0.54 | 1 | 2 |
EBIT | 17.37 | 10 | 3 |
EBIT Margins | 7.69 | 4.63 | 3.49 |
PBT | 15.49 | 7.5 | 2 |
PBT Margins | 6.85 | 3.47 | 2.33 |
Tax | 3.65 | 2 | 1 |
PAT | 11.84 | 5.5 | 1 |
NPM | 5.24 | 2.55 | 1.16 |
EPS | 17.18 | 7.98 | 1.96 |
Financial Ratios | FY24 | FY23 |
---|---|---|
Operating Margin | 8% | 5% |
Net Profit Margin | 5% | 3% |
Return on Equity | 46% | 15% |
Debt-Equity | 1.43 | 0.45 |
Current Ratio | 1.41 | 1.16 |
Dividend Payout | 0% | 0% |
Company | Xtranet Technologies | HCL Technologies | Tech Mahindra |
---|---|---|---|
Market Cap (₹ Crores) | 372.00 | 399152 | 134088 |
Profitability Margin (%) | 5.00% | 14.00% | 5.00% |
ROCE (%) | 19.00% | 30.00% | 12.00% |
ROE (%) | 46.00% | 23.00% | 9.00% |
D/E Ratio | 1.43 | 0.08 | 0.08 |
P/E Ratio | 27.65 | 23.4 | 35.8 |
P/B Ratio | 14.37 | 5.79 | 5 |
Book Value per Share (₹) | 33.05 | 254 | 270 |
Assets | 2024 | 2023 | 2022 |
---|---|---|---|
Fixed Assets | 4.67 | 5.5 | 5.5 |
CWIP | 4.37 | 1.3 | 0 |
Investments | 4.14 | 4 | 4 |
Trade Receivables | 95 | 160 | 18 |
Inventory | 54.5 | 35 | 15 |
Other Assets | 36.01 | 15.2 | 12.5 |
Total Assets | 198.69 | 221 | 55 |
Liabilities | 2024 | 2023 | 2022 |
---|---|---|---|
Share Capital | 6.89 | 6.89 | 5.09 |
FV | 10 | 10 | 10 |
Reserves | 30.8 | 19 | 6 |
Borrowings | 37 | 17 | 22 |
Trade Payables | 109 | 171 | 16 |
Other Liabilities | 15 | 7.11 | 5.91 |
Total Liabilities | 198.69 | 221 | 55 |
Promoters or Management
Annual Reports
Name | Download |
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