💡 Did you know?
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
History
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Sasken Technologies Limited is an India-based information technology company, which is engaged in software services. It specializes in product engineering and digital transformation, providing concept-to-market, chip-to-cognition research, and development services in…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A middling, stagnant business, priced for perfection — but flagged on governance.
Sasken Technologies is scored on the it / services framework. It keeps a slim 5.1% of every rupee of sales as net profit. Cash conversion lags the reported profit (CFO/PAT -0.39×) — worth a closer look. Free cash flow is worth about 2.8% of its market value.
Over the last 3 years revenue compounded at 34%/yr and profit at -16%/yr. Book value has grown 7%/yr. Return on equity is a modest 9.5%. In the latest quarter profit grew 9% versus the prior quarter.
At 46× earnings, the stock sits at the 85th percentile of its own 3.6-year range — the expensive end of where it has historically traded. Today's price implies ~14%/yr earnings growth for a decade. The forensic screen raises 2 red flags: Only ₹0.18 of cash per ₹1 profit over 4 years — earnings not converting to cash; 51% of pre-tax profit is other income, not operations.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 28.32 | 58.63 | better |
| P/B | 2.8 | 7.84 | better |
| EV/EBITDA | 15.73 | 62.5 | better |
| ROE | 9.53 | 5.36 | better |
| ROCE | 11.96 | 67.95 | worse |
| ROA | 6.59 | — | — |
| Quick Ratio | 2.02 | 11.28 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| TCS | 17.4 | 7.6 | 43.4% |
| Infosys | 15.6 | 5.1 | 31.0% |
| HCL Technologies | 21.3 | 5.1 | 24.1% |
34% CAGR over 3 years — high-growth territory. Growth is accelerating — latest year outpaced the prior year's rate.
Revenue is outpacing profit (34% vs -16%) — costs are rising faster than the top line.
Operating margin has compressed from 26% to 7% — costs or competition are eating into profitability. Interest or tax burden is shrinking — more of the operating profit is reaching the bottom line. Margins have declined for 3 consecutive years — watch for a structural cost problem.
ROE at 7% — modest; the capital isn't working hard. Capital efficiency declining — ROE down 7pp.
Profit grew faster than EPS (-16% vs -19%) — share dilution is eroding per-share value. -19% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
2 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 5% QoQ — could be seasonality or a genuine slowdown. Run-rate stepping up — recent quarters average 12% above earlier ones.
Quarterly net margins are expanding (4% → 8%) — profitability per rupee of revenue is improving.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters at 42.9% — dispersed ownership; institutional flows drive the stock.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.