Acewin Agritech Ltd.
Snapshot View

6.50 +0.27 ▲4.3%

30 July 2021, 04:00:00 P.M.
Volume: 268,800

Overview View Details

Sector Information Technology Compare with Sector peers
Industry IT - Software Compare with Industry peers
Website http://www.ofstech.com
Financial Indicators
Market Cap 6.67 Cr.
Earnings per share (EPS) 0.43 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 15.13 Trailing Twelve Months Ending 2021-03
Industry PE 32.45 Trailing Twelve Months Ending 2021-03
Book Value / Share 27.65 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.24 Calculated using Price: 6.50
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.03 Cr. 10,263,200 Shares
FaceValue 10
Company Profile

OFS Technologies was originally incorporated with the Registrar of Companies, Bangalore, Karnataka, on April 3, 2008 as Bole Technology Private Limited. The name of the company was changed to Bole Technologies Private Limited vide certificate dated August 6, 2014 issued by the Registrar of Companies. The company was converted into Public Limited Company and also the name was changed to Bole Technologies Limited pursuant to fresh certificate of incorporation consequent upon conversion dated August 27, 2014. The name of the company was changed to its current name vide certificate of incorporation pursuant to change of name on September 25, 2014.

The company a global, path-breaking technology services company. OFS Technologies is differentiated by its culture and customer-centric approach. The company’s team of enthusiastic IT specialists with keen interest on innovation helps its clients meet their IT challenges seamlessly. OFS Technologies covers the entire life-cycle of software product development, maintenance, quality assurance testing, and support, all while keeping the costs low.

Business area of the company

The company helps software-enabled businesses to design, develop, test, and maintain their software products and applications, whether they are hosted, licensed, or mobile. The company has been developing software products since 2008, and it has expanded the tools, processes, and controls to ensure it is building the right product with the necessary functionality. The company knows how to mitigate the challenges of offshore development while maximizing the results in quality and timeliness.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+4.33%
1 Week
+4.50%
1 Month
-23.98%
3 Month
-36.83%
6 Month
-58.55%
1 Year
-15.58%
2 Year
-28.02%
5 Year
-18.75%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) 8.58 27.32 4.87 27.20 12.64 10.07 9.17 9.67 57.13
Return on Capital Employed (%) 18.87 40.23 7.56 40.35 22.98 15.15 13.77 14.00 72.11
Return on Assets (%) 1.63 5.63 4.16 25.52 11.34 8.82 8.00 8.07 45.41

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 0 0 3 6 11 12 14 15 28
Non Curr. Liab. 0 0 0 1 1 0
Curr. Liab. 0 0 0 0 1 1 1 2 7
Minority Int.
Equity & Liab. 0 0 4 6 13 14 16 19 36
Non Curr. Assets 3 4 9 6 8 5 5
Curr. Assets 0 0 1 3 4 8 8 14 31
Misc. Exp. not W/O
Total Assets 0 0 4 6 13 14 16 19 36

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 0 0 0 5 9 9 10 20 31
Other Income 0 0 0 0 0 0 0 2 4
Total Income 0 0 0 5 9 9 10 22 34
Total Expenditure 0 0 0 -2 -6 -6 -6 -16 -16
PBIDT 0 0 0 3 3 3 4 6 18
Interest 0 0 0 0 -1 0
Depreciation -1 -1 -2 -2 -4 -1
Taxation 0 0 -1 -1 -1 -1 0 -4
Exceptional Items
PAT 0 0 1 1 1 1 1 12

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 0 0 0 0 4 2 3 -4 1
Cash Fr. Inv. -3 -1 0 -1 -2 -3 -1
Cash Fr. Finan. 3 2 -2 -1 2 2 0
Net Change 0 0 0 2 0 3 -5 0
Cash & Cash Eqvt 0 0 0 3 2 5 1 0

Shareholding Pattern View Details

9 Qtrs 2017-03 (%) 2017-09 (%) 2018-03 (%) 2018-09 (%) 2019-03 (%) 2019-09 (%) 2020-03 (%) 2020-09 (%) 2021-03 (%)
Promoter 73.42 73.42 73.42 73.42 69.28 59.03 59.03 59.03 59.03
Public 26.58 26.58 26.58 26.58 30.72 40.97 40.97 40.97 40.97
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Thu, 22 Jul 2021
Announcement under Regulation 30 (LODR)-Resignation of Statutory Auditors
Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015 (Listing Regulations) read with sub-clause (7A) of Clause A in Part A of Schedule III of Listing Regulations we wish to inform you that M/s Venkatesh & Co Chartered Accountants vide its letter dated July 16 2021 have resigned as Statutory Auditors of the Company effective immediately for the reasons stated in their communication.(Intimation of resignation received by Company on July 22nd 2021).
A copy of the said resignation letter received from the Auditors are attached herein.
We request you to take the above disclosure on record.
Fri, 16 Jul 2021
Intimation Of Outcome Of Board Meeting Held On 16Th July 2021
1. Approval of Standalone Audited Financial Results for the Half Year and Year Ended 31.03.2021.
2. Appointment of M/s. Mathi Ramesh Rajavel & Associates Chartered Accountants Chennai as the Internal Auditors of the Company for the F.Y 21-22.
3. Appointment of S.Satheesh Kumar Practicing Company Secretary Chennai as the Secretarial Auditor of the Company for the FY 20-21.
4. Appointment of Mr. Thomas Victor (DIN 09237112) as Executive Independent Director (Additional Director) based on the recommendation of Nomination and Remuneration Committee to hold office up to the ensuing Annual General Meeting of the company subject to ratification by the members at the ensuing Annual General Meeting of the company for his appointment as Independent Director. The brief profile of Mr. Thomas Victor enclosed herewith as Annexure -A
The meeting commenced at 11:00 a.m. and concluded at 09:45 p.m.
Fri, 16 Jul 2021
Submission Of Standalone Audited Financial Results For The Half Year And Year Ended 31St March 2021
This is to inform you that the meeting of the Board of Directors was held today 16th July 2021 inter alia to consider and approve the following
- Standalone Audited Financial Results for the Half Year and Year Ended 31.03.2021
The meeting commenced at 11:00 a.m. and concluded at 09:45 p.m.

Technical Scans View Details

Thu, 29 Jul 2021
Stock Underperforming Benchmark Index in both 1 Week and 3 Month Stock Underperforming Benchmark Index in both 1 Week and 3 Month
Stock Underperforming Sectoral Index in both 1 Week and 3 Month Stock Underperforming Sectoral Index in both 1 Week and 3 Month
Strongly Underperforming Benchmark index Strongly Underperforming Benchmark index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Underperforming Sectoral index Strongly Underperforming Sectoral index

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