Small-cap IT Stock Soars 4x in 1 year; Received new order, and net profit up by 280% in Q3.

Shares of this small-cap company working in the IT sector have shown a good rise in the last twelve months. Recently, the company received a new order, after which its shares rose by 6 percent. Apart from this, the company has also shown good results for Q3.

The stock name is Ceinsys Tech Ltd (BSE: 538734). As the company is showing positive trends, people are also investing in this stock, due to which the share price is continuously increasing. The shares of Ceinsis Tech Ltd are currently trading at Rs 606.85 on the BSE. Its 52-week high is Rs 614.90 and its 52-week low is Rs 116.25.

Shares of Ceinsys Tech rose 25% in the last 5 days, 40% in 1 month, and more than 180% in six months. You can check details related to stock performance, returns, recent financials, and order details below.

Ceinsys Tech Receives New Order

Ceinsys Tech Ltd recently received a service order from Fugro USA Land Inc., as disclosed in a regulatory filing dated February 22. The order relates to the extraction of assets for a Lidar project covering a distance of 15581 miles in New Mexico for the fiscal year 2023/2024. The specified work involves extensive extraction of assets for this particular project. The fixed price for this service order is Rs. 5,26,28,995 (Rupees five crore twenty six lakh twenty-eight thousand nine hundred ninety-nine only)

Ceinsys Tech Q3 Net Profits Up by 280 Percent

PeriodSalesProfitOPM %
Dec 2022522.724%
Sep 202358517%
Dec 20236310.3617%

In the quarter ended December 2023, the company experienced a significant increase in net profit, which was a remarkable increase of 280.88%. Net profit increased to Rs 10.36 crore, significantly higher than Rs 2.72 crore reported in the same quarter of the last financial year.

The company reported strong sales growth for the quarter ending December 2023. Sales grew by 21.15% to Rs 63 crore, against Rs 52 crore in the same quarter last year.

The Earnings Per Share (EPS) of Ceinsys witnessed a notable increase in December 2023, rising from Rs 1.76 to Rs 6.71 in December 2022. This indicates a substantial improvement in the company’s earnings per outstanding share over the specified period.

Ceinsys Tech Shares Performance & Return

Shares of Ceinsys Tech were listed on BSE in Oct 2014 and since its listing, it has delivered marvelous returns. This stock has given a 40 percent return within a month and more than 180% within six months. You can check the tables below to know the performance in detail.

Ceinsys Tech Shares Soars 340 Percent in A Year

PeriodClosingGrowthReturns on ₹10k
1M₹439.7038.01%₹13,801
2M₹351.4572.67%₹17,267
3M₹381.8058.94%₹15,894
4M₹361.4067.92%₹16,792
5M₹213.50184.24%₹28,424
6M₹208.40191.19%₹29,119
7M₹202.45199.75%₹29,975
8M₹235.55157.63%₹25,763
9M₹139.00336.58%₹43,658
10M₹153.90294.31%₹39,431
11M₹133.30355.25%₹45,525
12M₹138.00339.75%₹43,975

Ceinsys Tech shares zoom 191.19% in six months, and 336.58% in nine months. The company’s overall performance over the last 12 months is 339.75% and for investors who invested ₹10,000 in it 12 months ago, its value has grown to ₹43,975 today.

Ceinsys Tech Shares Performance in 2024

MonthOpeningClosingGain/ Fall
Jan₹390.20₹436.3011.81%
Feb₹443.40₹606.8536.86%
Total Returns in 202455.52%

Ceinsys Tech’s share price was ₹390.20 in January and today it is trading at ₹606.85, representing a total gain of 55.52% in 2024 YTD.

Ceinsys Tech Shares Performance in 2023

MonthOpeningClosingGain/ Fall
Jan₹148.65₹148.950.20%
Feb₹145.75₹136.00-6.69%
Mar₹136.15₹127.30-6.50%
Apr₹137.70₹156.0013.29%
May₹155.60₹147.80-5.01%
Jun₹169.30₹210.1524.13%
Jul₹208.55₹195.65-6.19%
Aug₹189.60₹220.7516.43%
Sep₹224.90₹215.60-4.14%
Oct₹253.70₹367.1044.70%
Nov₹359.35₹363.701.21%
Dec₹368.80₹354.75-3.81%
Total Returns in 2023138.65%

The share price of Ceinsys Tech in January 2023 was ₹148.65, and on the last trading day of the year, it closed at ₹354.75 with a gain of 138.65%.

Ceinsys Tech Share Performance since Listing (Compounding)

In the table below, you can check the company’s absolute returns and CAGR growth from listing. You can also check that if someone has invested a lump sum of Rs 10,000, then what is the value of those shares today…

PeriodGrowthReturns on ₹10kCAGR
1Y340%₹44k339.75%
2Y282%₹38k95.36%
3Y353%₹45k65.51%
4Y478%₹58k55.05%
5Y473%₹57k41.76%
6Y180%₹28k18.70%
7Y434%₹53k27.04%
8Y1184%₹1.28 lakh37.58%
9Y1012%₹1.11 lakh30.69%
MAX1362%₹1.46 lakh33.26%
  • If we look at the performance of the last 12 months, it has seen a rise of more than 340 percent.
  • In the last five years, it has increased investors’ money by more than 5 times.
  • For investors who had invested Rs 10,000 in Ceinsys Tech Shares on listing day, the value of those ₹10 thousand shares has increased to ₹1.46 lakh today.
  • The company’s last five-year stock CAGR growth is 41.76% and since the listing is 33.26%.

Ceinsys Tech Share Performance since Listing (Year-wise)

YearOpenCloseGain/ Fall
2024₹390.20₹606.8555.52%
2023₹148.65₹354.75138.65%
2022₹183.15₹153.20-16.35%
2021₹139.90₹201.6044.10%
2020₹72.00₹133.3085.14%
2019₹78.80₹75.00-4.82%
2018₹196.00₹75.05-61.71%
2017₹106.82₹186.0074.12%
2016₹53.64₹100.0086.43%
2015₹52.50₹58.1810.82%
2014₹41.50₹54.5531.45%
stock market
Ceinsys Tech Limited is an IT solutions company.

About the Company

Established in 1998 as part of the Meghe Group of Institutions, Ceinsys Tech Limited is dedicated to providing cutting-edge engineering, geospatial, and IT solutions with expertise in GIS, Remote Sensing, LiDAR, Photogrammetry, Energy Systems, and others.

Ceinsys Tech Fundamentals

Market Cap₹ 936 Cr.
Current Price₹ 607
High / Low₹ 615 / 116
Intrinsic Value₹ 323
Book Value₹ 137
Face Value₹ 10.0
ROCE15.8 %
ROE17.1 %
PEG Ratio0.34
EPS₹ 28.9
P/B Value4.43
Dividend Yield0.33 %
Stock P/E21.0
Industry PE36.3
OPM21.6 %
Quick Ratio2.37
Debt₹ 36.0 Cr.
Debt to equity0.17
Current liabilities₹ 91.1 Cr.
Current assets₹ 218 Cr.
NCAVPS₹ 103
Return on Assets10.1 %
Reserves₹ 196 Cr.
Cash Equivalents₹ 20.8 Cr.
Inventory₹ 2.72 Cr.

Last 5 Years Profit & Loss Statements

YearSalesProfitOPM
Mar 2019173.00313%
Mar 2020197.002526%
Mar 2021185.00310%
Mar 2022196.00812%
Mar 2023167.00612%
TTM2012824%

Last 10 Years Compounded Sales & Profit Growth

PeriodSales GrowthProfit Growth
10 Years11%2%
5 Years4%27%
3 Years-5%-37%
TTM29%836%

Last 3 Years Shareholding Patterns

PeriodPromotersFIIsDIIsPublic
Mar 202175.00%25.00%
Mar 202258.61%7.09%34.30%
Mar 202358.61%7.09%34.32%
Jun 202358.61%41.39%
Sep 202358.61%0.19%41.20%
Dec 202358.61%0.05%41.34%
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