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Cigniti Technologies Ltd

(CIGNITITEC)

₹1504.953.47%

as on 04:01PM, 22 Nov 2024

Overview
News
Financials
Q2 2024 Results
Technicals

Cigniti Technologies Ltd Share analysis

Excluding Excise Duty and Other Income, represents Net Revenue

Cigniti Technologies Ltd revenue growth forecast

Expected growth rate Q1, FY2024:1.13%

Forecast

Actual

Source: S&P Global Market Intelligence

Cigniti Technologies Ltd Performance

  • Day's Low

    Day's High

    ₹1,433.9
    ₹1,523.4
  • 52 Week's Low

    52 Week's High

    ₹942.1
    ₹1,552.8
1 Month Return+ 6.05 %
3 Month Return+ 10.03 %
1 Year Return+ 31.01 %
Previous Close₹1,454.50
Open₹1,440.00
Volume2.65L
Upper Circuit-
Lower Circuit-
Market Cap₹3,970.80Cr

Cigniti Technologies Ltd Key Statistics

P/E Ratio29.64
PEG Ratio-1.69
Market Cap₹3,970.80 Cr
P/B Ratio6.77
EPS60.66
Dividend Yield0.24
SectorIT - Software
ROE20.01

Cigniti Technologies Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
NA₹3,970.80 Cr70.06%0.57₹165 Cr₹1,815 Cr
NA₹447.91 Cr243.9%0.75-₹299 Cr₹813 Cr
NA₹565.79 Cr207.59%0.52₹18 Cr₹59 Cr
NA₹416.46 Cr2.19%0.00NANA
NA₹291.84 Cr67.15%0.53₹15 Cr₹114 Cr

About Cigniti Technologies Ltd

Cigniti Technologies Ltd (formerly Chakkilam Infotech Ltd.) is a leader in independent software testing services, providing end-to-end solutions for functional, performance, security and automation testing along with engineering services and medical transcription. With a rich history of 14 years serving US and Indian clients, the company has recently acquired Cigniti Inc. (2011) and Gallop Solutions (2014). It also entered into long-term partnerships with a number of companies, such as a top robotics toy manufacturer, a Performance Management and Business Intelligence Solution Provider in the Hospitality Industry, and the mobile testing services provider Keynote DeviceAnywhere (2013). Moreover, Cigniti Technologies was recognized globally with the 2014 Global Frost & Sullivan Customer Value Leadership Award in Automated Software Testing Services, Forbes Asia Best Under a Billion Forum 2014, and the 2015 Business Today BEST SME Award for Global Excellence, making it the first Indian company to be rated at CMMI Level 5.

Share Price: ₹1504.95 per share as on 22 Nov, 2024 04:01 PM
Market Capitalisation: ₹3,970.80Cr as of today
Revenue: ₹499.18Cr as on September 2024 (Q3 24)
Net Profit: ₹52.94Cr as on September 2024 (Q3 24)
Listing date: 13 Oct, 2014
Chairperson Name: C V Subrahmanyam
OrganisationCigniti Technologies Ltd
Headquarters
IndustryIT - Software
E-voting on sharesClick here to vote

Key events for Cigniti Technologies Ltd

  • Cigniti Technologies Reports Strong Sales Growth - 24 Oct, 2024

    Cigniti Technologies reported significant growth in both standalone and consolidated net sales for September 2024, with standalone sales up 29.34% and consolidated sales up 10.48% year-over-year.

  • Cigniti Technologies Reports Strong Q2 Earnings - 22 Oct, 2024

    Cigniti Technologies Limited reported strong earnings for Q2 and six months ended September 30, 2024, with increased sales and revenue, though net income declined for the six-month period.

Insights on Cigniti Technologies Ltd

Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 1.25% to 4.50% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, CIGNITITEC has outperformed top 5 stocks with highest market-cap in IT Services & Consulting

  • imgPOSITIVE IMPACT

    Profit Spike

    img

    Netprofit is up for the last 2 quarters, 10.52 Cr → 52.94 Cr (in ₹), with an average increase of 80.1% per quarter

  • imgPOSITIVE IMPACT

    Promoter Holding Up

    img

    Promoters have increased holdings from 22.61% to 22.68% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 7 days, CIGNITITEC stock has moved up by 13.2%

  • imgPOSITIVE IMPACT

    Revenue Rich

    img

    Revenue is up for the last 3 quarters, 471.82 Cr → 517.0 Cr (in ₹), with an average increase of 4.4% per quarter

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, HCL Technologies Ltd has given 42.8% return, outperforming this stock by 11.8%

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 5.92% to 4.64% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 69.29% to 65.71% in Sep 2024 quarter

Cigniti Technologies Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹451.83Cr (-)₹468.02Cr (↑3.58%)₹455.64Cr (↓2.65%)₹468.49Cr (↑2.82%)₹499.18Cr (↑6.55%)
Net Income₹45.86Cr (-)₹48.04Cr (↑4.75%)₹27.14Cr (↓43.51%)₹10.52Cr (↓61.24%)₹52.94Cr (↑403.23%)
Net Profit Margin10.15% (-)10.26% (↑1.08%)5.96% (↓41.91%)2.25% (↓62.25%)10.61% (↑371.56%)
Value in ₹ crore
Details2021202220232024
Total Assets₹446.17Cr (-)₹506.24Cr (↑13.46%)₹585.89Cr (↑15.73%)₹681.07Cr (↑16.25%)
Total Liabilities₹95.59Cr (-)₹122.98Cr (↑28.65%)₹149.14Cr (↑21.27%)₹170.28Cr (↑14.17%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹93.00Cr (-)₹61.37Cr (↓34.01%)₹48.55Cr (↓20.89%)₹120.79Cr (↑148.80%)₹71.51Cr (↓40.80%)

Index Inclusions

BSE IT Sector

₹42,847.97

3.14 (1305.65%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹52,612.93

0.9 (471.78%)

Cigniti Technologies Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
22.68%
0.30
Foreign Institutions
4.64%
-21.62
Mutual Funds
4.5%
261.13
Retail Investors
65.71%
-5.17
Others
2.48%
164.59

Cigniti Technologies Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)43.6737.632.761.7560.66
Details20202021202220232024
Return On Equity %18.7816.2510.724.8120.01
Details20202021202220232024
Return On Assets %31.3923.6118.1228.7324.31
Details20202021202220232024
Book Value Per Share (₹)95.97132.89163.92216.22270.36

Cigniti Technologies Ltd Valuation

Cigniti Technologies Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-1.99x)

January 30, 2018

Today (29.64x)

November 22, 2024

Industry (38.50x)

November 22, 2024

Highest (29.81x)

June 18, 2018

LowHigh

Cigniti Technologies Ltd Earnings and Dividends

  • Cigniti Technologies Ltd Earnings Results

    Cigniti Technologies Ltd’s net profit jumped 15.44% since last year same period to ₹52.94Cr in the Q2 2024-2025. On a quarterly growth basis, Cigniti Technologies Ltd has generated 403.23% jump in its net profits since last 3-months.

    Read More about Earnings Results
  • Cigniti Technologies Ltd Dividends November,2023

    In the quarter ending September 2023, Cigniti Technologies Ltd has declared dividend of ₹3 - translating a dividend yield of 0.56%.

    Read More about Dividends

Cigniti Technologies Ltd Technicals Summary

Bearish

Neutral

Bullish

Bullish

Cigniti Technologies Ltd is currently in a Bullish trading position according to technical analysis indicators.

FAQs on Cigniti Technologies Ltd

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Cigniti Technologies Ltd (CIGNITITEC) share price today is ₹1504.95

Cigniti Technologies Ltd is listed on NSE

Cigniti Technologies Ltd is listed on BSE

  • Today’s highest price of Cigniti Technologies Ltd is ₹1523.4.
  • Today’s lowest price of Cigniti Technologies Ltd is ₹1433.9.

PE Ratio of Cigniti Technologies Ltd is 29.64

PE ratio = Cigniti Technologies Ltd Market price per share / Cigniti Technologies Ltd Earnings per share

Today’s traded volume of Cigniti Technologies Ltd(CIGNITITEC) is 2.65L.

Today’s market capitalisation of Cigniti Technologies Ltd(CIGNITITEC) is ₹3970.8Cr.

Cigniti Technologies Ltd(CIGNITITECPrice
52 Week High
₹1552.8
52 Week Low
₹942.1

Cigniti Technologies Ltd(CIGNITITEC) share price is ₹1504.95. It is down -3.08% from its 52 Week High price of ₹1552.8

Cigniti Technologies Ltd(CIGNITITEC) share price is ₹1504.95. It is up 59.74% from its 52 Week Low price of ₹942.1

Cigniti Technologies Ltd(CIGNITITECReturns
1 Day Returns
50.45%
1 Month Returns
6.05%
3 Month Returns
10.03%
1 Year Returns
31.01%