Cigniti Technologies Limited Logo

Cigniti Technologies Limited

CIGNITITEC.NS

(3.2)
Stock Price

1.336,70 INR

13.76% ROA

18.63% ROE

28.77x PER

Market Cap.

37.844.763.625,00 INR

4.22% DER

0.22% Yield

7.13% NPM

Cigniti Technologies Limited Stock Analysis

Cigniti Technologies Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Cigniti Technologies Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (51.85%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 PBV

The stock's low PBV ratio (0x) suggests it's undervalued, making it an attractive opportunity for investors.

3 DER

The stock has a low debt to equity ratio (0%), which means it has a small amount of debt compared to the ownership it holds

4 Revenue Growth

With a track record of consistent revenue growth in the past five years, this company presents a compelling opportunity.

5 Assets Growth

With continuous growth in revenue over the last five years, this company has proven to be a lucrative investment option, showcasing its strong financial performance.

6 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

7 Dividend

The company has consistently provided dividends over the past three years, indicating a reliable source of income for investors.

8 Buffet Intrinsic Value

Warren Buffett's formula suggests that the company's stock is undervalued (13.226), making it an appealing investment prospect with its intrinsic value surpassing the current market price.

9 ROA

The stock's ROA (0%) suggests that it's struggling to generate profits from its assets, making it a risky choice for investment.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

The company's dividend growth has remained unchanged for three years, signaling a lack of positive momentum and making it a less favorable investment choice.

Cigniti Technologies Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Cigniti Technologies Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

Cigniti Technologies Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Cigniti Technologies Limited Revenue
Year Revenue Growth
2006 60.666.348
2007 71.543.982 15.2%
2008 50.734.025 -41.02%
2009 50.558.955 -0.35%
2010 75.878.845 33.37%
2011 337.565.240 77.52%
2012 1.508.775.710 77.63%
2013 2.590.997.733 41.77%
2014 3.788.764.843 31.61%
2015 5.948.355.254 36.31%
2016 6.192.563.398 3.94%
2017 6.932.814.000 10.68%
2018 8.287.694.000 16.35%
2019 8.719.721.000 4.95%
2020 8.965.269.000 2.74%
2021 12.418.000.000 27.8%
2022 16.475.808.000 24.63%
2023 18.073.248.000 8.84%
2023 18.150.133.000 0.42%
2024 18.739.568.000 3.15%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Cigniti Technologies Limited Research and Development Expenses
Year Research and Development Expenses Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 680.644 100%
2013 400.646 -69.89%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Cigniti Technologies Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2006 47.236.670
2007 56.057.359 15.74%
2008 36.144.883 -55.09%
2009 35.121.239 -2.91%
2010 70.482.860 50.17%
2011 26.865.678 -162.35%
2012 116.354.396 76.91%
2013 116.991.348 0.54%
2014 446.481.463 73.8%
2015 1.543.854.241 71.08%
2016 176.476.163 -774.82%
2017 955.964.000 81.54%
2018 266.536.000 -258.66%
2019 221.656.000 -20.25%
2020 267.677.000 17.19%
2021 335.375.000 20.19%
2022 340.422.000 1.48%
2023 0 0%
2023 2.861.194.000 100%
2024 2.559.892.000 -11.77%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Cigniti Technologies Limited EBITDA
Year EBITDA Growth
2006 13.429.678
2007 15.486.623 13.28%
2008 14.589.426 -6.15%
2009 15.437.907 5.5%
2010 5.395.985 -186.1%
2011 59.588.768 90.94%
2012 88.005.085 32.29%
2013 364.773.236 75.87%
2014 392.538.674 7.07%
2015 985.591.215 60.17%
2016 -250.512.383 493.43%
2017 445.475.000 156.23%
2018 1.514.372.000 70.58%
2019 1.430.290.000 -5.88%
2020 1.531.868.000 6.63%
2021 1.339.480.000 -14.36%
2022 2.524.209.000 46.93%
2023 2.805.696.000 10.03%
2023 2.217.553.000 -26.52%
2024 1.985.564.000 -11.68%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Cigniti Technologies Limited Gross Profit
Year Gross Profit Growth
2006 60.666.348
2007 71.543.982 15.2%
2008 50.734.025 -41.02%
2009 50.558.955 -0.35%
2010 75.878.845 33.37%
2011 337.565.240 77.52%
2012 402.888.802 16.21%
2013 1.282.522.664 68.59%
2014 1.583.723.762 19.02%
2015 2.841.428.905 44.26%
2016 899.873.308 -215.76%
2017 2.158.039.000 58.3%
2018 3.442.495.000 37.31%
2019 3.490.983.000 1.39%
2020 3.703.845.000 5.75%
2021 4.938.486.000 25%
2022 6.831.230.000 27.71%
2023 7.204.536.000 5.18%
2023 3.743.804.000 -92.44%
2024 3.583.980.000 -4.46%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Cigniti Technologies Limited Net Profit
Year Net Profit Growth
2006 1.714.617
2007 3.400.473 49.58%
2008 668.449 -408.71%
2009 602.650 -10.92%
2010 0 0%
2011 11.805.432 100%
2012 50.038.825 76.41%
2013 255.449.662 80.41%
2014 253.507.672 -0.77%
2015 496.760.046 48.97%
2016 -4.382.377.941 111.34%
2017 321.733.000 1462.12%
2018 1.473.576.000 78.17%
2019 1.215.999.000 -21.18%
2020 1.053.450.000 -15.43%
2021 917.441.000 -14.82%
2022 1.683.206.000 45.49%
2023 1.834.336.000 8.24%
2023 1.655.920.000 -10.77%
2024 420.616.000 -293.69%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Cigniti Technologies Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2006 0
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 1 0%
2012 3 100%
2013 12 83.33%
2014 11 -9.09%
2015 20 42.11%
2016 -168 111.38%
2017 12 1491.67%
2018 54 77.36%
2019 44 -23.26%
2020 38 -16.22%
2021 33 -15.63%
2022 61 47.54%
2023 67 8.96%
2023 61 -11.67%
2024 15 -300%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Cigniti Technologies Limited Free Cashflow
Year Free Cashflow Growth
2006 -2.176.000
2007 -9.068.000 76%
2008 -3.966.000 -128.64%
2009 -2.277.000 -74.18%
2010 3.146.000 172.38%
2011 -3.738.000 184.16%
2012 -123.335.000 96.97%
2013 -146.816.000 15.99%
2014 -820.547.000 82.11%
2015 916.965.007 189.49%
2016 27.066.164 -3287.86%
2017 319.510.000 91.53%
2018 1.230.215.000 74.03%
2019 795.874.000 -54.57%
2020 1.416.739.000 43.82%
2021 175.959.000 -705.15%
2022 1.439.792.000 87.78%
2023 1.253.554.000 -14.86%
2023 0 0%
2024 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Cigniti Technologies Limited Operating Cashflow
Year Operating Cashflow Growth
2006 5.585.000
2007 3.359.000 -66.27%
2008 9.455.000 64.47%
2009 9.194.000 -2.84%
2010 3.146.000 -192.24%
2011 4.528.000 30.52%
2012 -13.876.000 132.63%
2013 244.892.000 105.67%
2014 -281.066.000 187.13%
2015 1.825.639.241 115.4%
2016 65.689.853 -2679.18%
2017 349.641.000 81.21%
2018 1.315.744.000 73.43%
2019 866.039.000 -51.93%
2020 1.448.586.000 40.21%
2021 382.140.000 -279.07%
2022 1.571.744.000 75.69%
2023 1.309.345.000 -20.04%
2023 0 0%
2024 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Cigniti Technologies Limited Capital Expenditure
Year Capital Expenditure Growth
2006 7.761.000
2007 12.427.000 37.55%
2008 13.421.000 7.41%
2009 11.471.000 -17%
2010 0 0%
2011 8.266.000 100%
2012 109.459.000 92.45%
2013 391.708.000 72.06%
2014 539.481.000 27.39%
2015 908.674.234 40.63%
2016 38.623.689 -2252.63%
2017 30.131.000 -28.19%
2018 85.529.000 64.77%
2019 70.165.000 -21.9%
2020 31.847.000 -120.32%
2021 206.181.000 84.55%
2022 131.952.000 -56.25%
2023 55.791.000 -136.51%
2023 0 0%
2024 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Cigniti Technologies Limited Equity
Year Equity Growth
2006 104.960.528
2007 109.095.289 3.79%
2008 115.763.430 5.76%
2009 116.366.080 0.52%
2010 130.143.696 10.59%
2011 380.826.488 65.83%
2012 558.539.244 31.82%
2013 1.124.157.187 50.31%
2014 2.690.764.023 58.22%
2015 3.596.240.777 25.18%
2016 -408.114.579 981.18%
2017 68.826.000 692.97%
2018 1.507.431.000 95.43%
2019 2.672.372.000 43.59%
2020 3.723.473.000 28.23%
2021 4.598.437.000 19.03%
2022 5.893.477.000 21.97%
2023 6.682.102.000 11.8%
2023 7.380.726.000 9.47%
2024 7.495.000.000 1.52%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Cigniti Technologies Limited Assets
Year Assets Growth
2006 125.306.608
2007 138.273.344 9.38%
2008 141.952.218 2.59%
2009 150.270.201 5.54%
2010 167.019.275 10.03%
2011 681.102.613 75.48%
2012 987.888.390 31.05%
2013 1.848.988.165 46.57%
2014 3.840.758.596 51.86%
2015 6.359.290.639 39.6%
2016 2.351.092.253 -170.48%
2017 2.380.450.000 1.23%
2018 3.075.019.000 22.59%
2019 4.799.079.000 35.92%
2020 5.321.015.000 9.81%
2021 6.977.450.000 23.74%
2022 8.460.091.000 17.53%
2023 9.126.769.000 7.3%
2023 10.058.723.000 9.27%
2024 10.358.000.000 2.89%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Cigniti Technologies Limited Liabilities
Year Liabilities Growth
2006 20.346.080
2007 29.178.055 30.27%
2008 26.188.788 -11.41%
2009 33.904.121 22.76%
2010 36.875.579 8.06%
2011 300.276.125 87.72%
2012 429.349.146 30.06%
2013 724.830.978 40.77%
2014 1.149.994.573 36.97%
2015 2.763.049.862 58.38%
2016 2.759.206.832 -0.14%
2017 2.311.624.000 -19.36%
2018 1.567.588.000 -47.46%
2019 2.126.707.000 26.29%
2020 1.597.542.000 -33.12%
2021 2.379.013.000 32.85%
2022 2.566.614.000 7.31%
2023 2.444.667.000 -4.99%
2023 2.677.997.000 8.71%
2024 2.863.000.000 6.46%

Cigniti Technologies Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
675.45
Net Income per Share
48.19
Price to Earning Ratio
28.77x
Price To Sales Ratio
2.05x
POCF Ratio
122.61
PFCF Ratio
122.61
Price to Book Ratio
5.05
EV to Sales
1.84
EV Over EBITDA
15.29
EV to Operating CashFlow
109.74
EV to FreeCashFlow
109.74
Earnings Yield
0.03
FreeCashFlow Yield
0.01
Market Cap
37,84 Bil.
Enterprise Value
33,87 Bil.
Graham Number
545.57
Graham NetNet
389.37

Income Statement Metrics

Net Income per Share
48.19
Income Quality
0.23
ROE
0.19
Return On Assets
0.13
Return On Capital Employed
0.24
Net Income per EBT
0.74
EBT Per Ebit
0.94
Ebit per Revenue
0.1
Effective Tax Rate
0.26

Margins

Sales, General, & Administrative to Revenue
0.15
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.29
Operating Profit Margin
0.1
Pretax Profit Margin
0.1
Net Profit Margin
0.07

Dividends

Dividend Yield
0
Dividend Yield %
0.22
Payout Ratio
0
Dividend Per Share
3

Operating Metrics

Operating Cashflow per Share
11.31
Free CashFlow per Share
11.31
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.18
Return on Tangible Assets
0.14
Days Sales Outstanding
54.33
Days Payables Outstanding
0
Days of Inventory on Hand
-55.98
Receivables Turnover
6.72
Payables Turnover
0
Inventory Turnover
-6.52
Capex per Share
0

Balance Sheet

Cash per Share
455,72
Book Value per Share
274,54
Tangible Book Value per Share
245.42
Shareholders Equity per Share
274.54
Interest Debt per Share
12.95
Debt to Equity
0.04
Debt to Assets
0.03
Net Debt to EBITDA
-1.79
Current Ratio
2.76
Tangible Asset Value
6,70 Bil.
Net Current Asset Value
4,17 Bil.
Invested Capital
5620000000
Working Capital
4,49 Bil.
Intangibles to Total Assets
0.08
Average Receivables
2,97 Bil.
Average Payables
0,57 Bil.
Average Inventory
-1006999999.5
Debt to Market Cap
0.01

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Cigniti Technologies Limited Dividends
Year Dividends Growth
2021 3
2022 3 0%
2023 6 60%

Cigniti Technologies Limited Profile

About Cigniti Technologies Limited

Cigniti Technologies Limited provides software testing services worldwide. The company offers digital assurance services, such as artificial intelligence, Internet of Things, blockchain, big data and analytics, and mobile testing services, as well as digital assurance and testing, robotic process automation, cloud migration assurance, and 5G assurance services. It also provides quality engineering services, including DevOps testing, compatibility testing, functional testing, performance testing, security testing, regression testing, test automation, and crowdsourced testing. In addition, the company offers enterprise application assurance services comprising medical device testing, ERP testing, and salesforce testing; and test management services, such as agile testing, service virtualization, and test data management; and test advisory and transformation services. It serves the airlines, banking, communications, energy and utilities, financial services, healthcare and life sciences, insurance, logistics, manufacturing, media and entertainment, retail and ecommerce, and travel and hospitality industries. The company was formerly known as Chakkilam Infotech Limited. Cigniti Technologies Limited was incorporated in 1998 and is headquartered in Hyderabad, India.

CEO
Mr. Krishnan Venkatachary
Employee
3.891
Address
ORION Block, “The V” (Ascendas)
Hyderabad, 500081

Cigniti Technologies Limited Executives & BODs

Cigniti Technologies Limited Executives & BODs
# Name Age
1 Mr. Pankaj Khanna
Whole-Time Director
70
2 Mr. Vinay Rawat
Chief Revenue Officer
70
3 Mr. Sairamprabhu Vedam
Chief Marketing Officer
70
4 Mr. Veera Reddy Patlolla
Senior Vice President & Global Head of HR
70
5 Rajesh Pawar
Senior Vice President
70
6 Mr. R. Jagdish Kumar
Chief Information Officer
70
7 Mr. Jaya Raghuram Krovvidy
Chief Delivery Officer
70
8 Mr. Jayabrata Nag
Vice President and Global Head of Partnership & Alliances
70
9 Ms. Tadepalli Naga Vasudha
Company Secretary
70
10 Mr. Krishnan Venkatachary
Chief Financial Officer
70

Cigniti Technologies Limited Competitors