On Tuesday the share price of the company rose by 9% to its 52-week high of ₹726.35 per share from its previous close of ₹666 after the company announced its results for the December quarter.
Allsec Technologies Ltd announced its December quarter financial results and investor presentation in a stock exchange filing on Monday.
Looking at Allsec Technologies Ltd’s net revenue increased by 20% YoY from ₹100 to ₹120 crores, and in QoQ, net revenue decreased by 7% from ₹112 crores to its current level.
The company’s net profit increased by 57% YoY from ₹7 to ₹11 crores, and in QoQ, their net profit fell by 31% from ₹16 crores to its current level.
Additionally, in customer experience management (CEM) their revenue increased by 21%YoY, International Business up by 26%YoY, New Sales, ACV 6.6 Cr through account mining, primarily healthcare.
The company has a low price-to-earnings ratio of 20 compared to its competitors, it is also a zero-debt company, with a return on equity ratio of 21%, a return on capital employed of 24%, and a net profit margin of 12%.
Allsec Technologies Ltd has a market capitalization of ₹1,070 crores, the share price of the company rose by 31% last year and 26% in the last six months.
The company’s shareholding is as follows: the promoter owns 73.39%, the general public owns 25.40%, foreign institutional investors own 0.09 percent and domestic institutional investors own 1.12%.
Allsec Tech, founded in 1998, is a global leader in outsourcing solutions that provides future-ready, resilient business transformation services to industry heavyweights, Fortune 100 companies, and growth-oriented organizations.
Written by Sriram KV
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