Cigniti Technologies Ltd
CIGNITITECCigniti Technologies Ltd
CIGNITITEC
Price Chart
Scorecard
Performance
AvgPrice return has been average, nothing exciting
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
GoodThe stock is underpriced and 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 |
|---|---|---|
| 24.53 | 5.12 | 0.22% |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 32.99 | 8.70 | 1.78% |
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.
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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 | 1,989.31 | ||||||||||
Raw Materials | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,740.34 | ||||||||||
| 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 | 248.97 | ||||||||||
| Depreciation/Amortization | 11.29 | 16.96 | 2.71 | 3.15 | 11.48 | 12.27 | 16.16 | 26.38 | 30.33 | 33.76 | ||||||||||
| PBIT | 90.07 | -370.87 | 49.91 | 156.87 | 138.84 | 146.65 | 126.56 | 226.04 | 224.50 | 215.21 | ||||||||||
| Interest & Other Items | 6.03 | 16.10 | 16.98 | 14.64 | 8.00 | 5.59 | 5.05 | 4.40 | 4.12 | 3.11 | ||||||||||
| PBT | 84.04 | -386.97 | 32.93 | 142.23 | 130.84 | 141.06 | 121.51 | 221.64 | 220.38 | 212.10 | ||||||||||
| Taxes & Other Items | 34.35 | 7.86 | 0.77 | -5.13 | 9.24 | 35.71 | 29.78 | 53.32 | 54.79 | 57.94 | ||||||||||
| Net Income | 49.69 | -394.83 | 32.16 | 147.36 | 121.60 | 105.35 | 91.73 | 168.32 | 165.59 | 154.16 | ||||||||||
| EPS | 19.78 | -151.83 | 11.96 | 53.67 | 43.81 | 37.72 | 32.72 | 60.86 | 60.70 | 56.47 | ||||||||||
| DPS | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 2.50 | 2.50 | 5.50 | 3.00 | 0.00 | ||||||||||
| Payout ratio | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.07 | 0.08 | 0.09 | 0.05 | 0.00 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual 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 | 22.84 | 5.12 | 0.22% |
| Persistent Systems Ltd | 81.72 | 18.03 | 0.45% |
| Oracle Financial Services Software Ltd | 34.26 | 9.68 | 2.74% |
| L&T Technology Services Ltd | 40.03 | 9.76 | 1.01% |
Price Comparison
Compare CIGNITITEC with any stock or ETFShareholdings
Promoter Holdings Trend
Increased Total Promoter Holding
In last 6 months, promoter holding in the company has increased by 22.55%
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 1.04%
Increased Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has increased by 3.61%
Shareholding Pattern
Jun 2024
Jul 2024
Sep 2024
Dec 2024
Shareholding History
Mutual Funds Holding Trend
Increased Mutual Fund Holding
In last 3 months, mutual fund holding of the company has increased by 4.02%
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) |
|---|---|---|---|---|
The rupee value of the stock held by the fund divided by the stock’s market cap 2.0604% | 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 -0.07% | 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 30/84 (-4) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.9353% | Percentage of the fund’s portfolio invested in the stock 0.57% | Change in the portfolio weight of the stock over the last 3 months -0.13% | 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 67/108 (-3) | |
The rupee value of the stock held by the fund divided by the stock’s market cap 1.4966% | Percentage of the fund’s portfolio invested in the stock 1.34% | Change in the portfolio weight of the stock over the last 3 months -0.13% | 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 115/149 (0) |
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 32.33% to Rs 63.57 crore in the quarter ended December 2024 as against Rs 48.04 crore during the previous quarter ended December 2023. Sales rose 10.34% to Rs 516.40 crore in the quarter ended December 2024 as against Rs 468.02 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales516.40468.02 10 OPM %16.4613.80 - PBDT93.8470.96 32 PBT85.5263.12 35 NP63.5748.04 32 Powered by Capital Market - Live
Profit before tax stood at Rs 85.52 crore in the third quarter of FY25, up 35.49% from Rs 63.12 crore posted in same quarter a year ago. Total expenses increased 6.82% YoY to Rs 440.32 crore during the quarter. Employee benefits expense was Rs 299.01 crore (up 6.19% YoY), hired contractors costs stood at Rs 82.97 crore (up 15.65% YoY) for the period under review. In dollar terms, the company's gross revenues rose by 8.3% YoY to $60.9 million. EBITDA jumped 36.6% YoY to Rs 88.2 crore in the December 2024 quarter. EBITDA margin improved to 17.1% in Q3 FY25 as against 13.8% posted in Q3 FY24. For Q3 FY25, executable order book over next 12 months stood at $220 million. Total no. of clients was 55 at the end of the December 2024 quarter. The firm added 5 new clients during the quarter. Attrition rate increased to 14.2% in Q3 FY25 from 11.7% recorded in same period last year. Cigniti Technologies is engaged in providing software testing services across the world.Powered by Capital Market - Live
Cigniti Technologies Ltd rose 7.4% today to trade at Rs 1599.4. The BSE Information Technology index is up 0.2% to quote at 42196.28. The index is down 3.01 % over last one month. Among the other constituents of the index, Coforge Ltd increased 6.91% and Persistent Systems Ltd added 5.16% on the day. The BSE Information Technology index went up 12.03 % over last one year compared to the 7.53% surge in benchmark SENSEX. Cigniti Technologies Ltd has lost 14.6% over last one month compared to 3.01% fall in BSE Information Technology index and 2.62% drop in the SENSEX. On the BSE, 119 shares were traded in the counter so far compared with average daily volumes of 6004 shares in the past one month. The stock hit a record high of Rs 1980.75 on 17 Dec 2024. The stock hit a 52-week low of Rs 945 on 23 Jan 2024.Powered by Capital Market - Live
Cigniti Technologies will hold a meeting of the Board of Directors of the Company on 22 January 2025.Powered by Capital Market - Live
Cigniti Technologies has allotted 15,625 equity shares under ESOP on 27 December 2024. Powered by Capital Market - Live
The Board of Cigniti Technologies at its meeting held on 27 December 2024 has approved the Scheme of Amalgamation of Cigniti Technologies with and into Coforge and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 read with rules made thereunder (Scheme). Powered by Capital Market - Live
C.E. Info Systems Ltd, Sunflag Iron & Steel Company Ltd, HEG Ltd and Mahanagar Telephone Nigam Ltd are among the other losers in the BSE's 'A' group today, 10 December 2024.Cigniti Technologies Ltd tumbled 5.45% to Rs 1812.9 at 14:46 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 20310 shares were traded on the counter so far as against the average daily volumes of 8365 shares in the past one month.C.E. Info Systems Ltd lost 5.34% to Rs 1808. The stock was the second biggest loser in 'A' group.On the BSE, 85150 shares were traded on the counter so far as against the average daily volumes of 26315 shares in the past one month.Sunflag Iron & Steel Company Ltd crashed 4.93% to Rs 211.3. The stock was the third biggest loser in 'A' group.On the BSE, 17528 shares were traded on the counter so far as against the average daily volumes of 16252 shares in the past one month.HEG Ltd fell 4.63% to Rs 570.85. The stock was the fourth biggest loser in 'A' group.On the BSE, 1.23 lakh shares were traded on the counter so far as against the average daily volumes of 1.97 lakh shares in the past one month.Mahanagar Telephone Nigam Ltd dropped 4.61% to Rs 55.45. The stock was the fifth biggest loser in 'A' group.On the BSE, 8.9 lakh shares were traded on the counter so far as against the average daily volumes of 5.85 lakh shares in the past one month.Powered by Capital Market - Live
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
Higher than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 16.99%, vs industry avg of 14.03%
Increasing Market Share
Over the last 5 years, market share increased from 2.54% to 2.81%
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 16.19%