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Here are three AI stocks with ROCE/ROE of up to 143%:
Kody Technolab Ltd
Kody Technolab Limited is an India-based full-stack development company. The Company is engaged in the business of software development services to a diverse set of industries. The Company offers a range of services that include custom software development, artificial intelligence Al) consultation and implementation, and Internet of Things (IoT) services.
With a market capitalization of Rs 1,027.45 crore, the shares closed at Rs 1,612.00 per share, increased around 1.02 percent as compared to the previous closing period.
The company’s revenue stood at Rs 16.68 crore in H2FY24, during the same time frame, net profit stood at Rs 4.09 crore.
The company reported return ratios in the recent financial year with a return on equity (ROE) of 104 percent and a return on capital employed (ROCE) of 57 percent. In contrast, the net profit margin (NPM) was 29.04 percent in the fiscal year.
Ksolves India Ltd
Ksolves India Limited is a software development company. It is engaged in software development, enterprise solutions, and consulting, providing a range of information technology (IT) solutions to companies across sectors, such as real estate, e-commerce, finance, and telecom healthcare.
With a market capitalization of Rs 1,304.69 crore, the shares closed at Rs 1100.45 per share, increased around 0.20 percent as compared to the previous closing period.
The company’s revenue stood at Rs 30.36 crore in Q4FY24, during the same time frame, net profit stood at Rs 9.58 crore.
The company’s profitability measures show an incline in return on equity (RoE) from 110.44 percent in FY 22-23 to 143.31 percent in FY 23-24, while, during the same period return on capital employed (RoCE) increased from 138.72 percent to 177.19 percent. In contrast, the net profit margin (NPM) was 31.43 percent in fiscal year 22-23.
Datamatics Global Services Ltd
Datamatics Global Services Limited is a global provider of information technology (IT), business process management (BPM), and consulting services. The Company’s portfolio includes digital technology solutions, business process management, and engineering services powered by artificial intelligence.
With a market capitalization of Rs 3,353.49 crore, the shares closed at Rs 568.35 per share, decreased around 1.74 percent as compared to the previous closing period.
The company’s revenue stood at Rs 412 crore in Q4FY24, during the same time frame, net profit stood at Rs 52 crore.
The company reported return ratios in the recent financial year with a return on equity (ROE) of 16.12 percent and a return on capital employed (ROCE) of 19.89 percent. In contrast, the net profit margin (NPM) was 12.71 percent in the fiscal year.
Written by:- Abhishek Singh
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