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Ceinsys Tech Ltd

NSE: BSE: 538734

1028.05

(-4.81%)

Fri, 13 Feb 2026, 03:05 pm

Ceinsys Tech Analysis

dividend

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Pros

  • Dividends paid are thoroughly covered by earnings (9.4x coverage).
  • Ceinsys Tech's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.76%).
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Cons

  • Dividend payments have increased, but Ceinsys Tech only paid a dividend in the past 5 years.
  • Whilst dividend payments have been stable, Ceinsys Tech has been paying a dividend for less than 10 years.
  • Ceinsys Tech's dividend is below the markets top 25% of dividend payers in India (3.08%).

health

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Pros

  • Ceinsys Tech is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • Ceinsys Tech is profitable, therefore cash runway is not a concern.
  • Ceinsys Tech is profitable, therefore cash runway is not a concern.
  • Debt is covered by short term assets, assets are 1.7x debt.
  • Ceinsys Tech's cash and other short term assets cover its long term commitments.
  • The level of debt compared to net worth has been reduced over the past 5 years (167.2% vs 165.3% today).
  • Interest payments on debt are well covered by earnings (EBIT is 3.5x coverage).
  • Low level of unsold assets.
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Cons

  • Debt is not well covered by operating cash flow (10%, less than 20% of total debt).
  • Ceinsys Tech's level of debt (165.3%) compared to net worth is high (greater than 40%).

management

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Pros

  • Sagar's compensation has been consistent with company performance over the past year, both up more than 20%.
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Cons

  • The average tenure for the Ceinsys Tech board of directors is less than 3 years, this suggests a new board.
  • Sagar's remuneration is higher than average for companies of similar size in India.
  • The average tenure for the Ceinsys Tech management team is less than 2 years, this suggests a new team.

misc

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Pros

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    Cons

    • Ceinsys Tech is not covered by any analysts.

    past

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    Pros

    • Ceinsys Tech's 1-year earnings growth exceeds its 5-year average (536.3% vs 26.9%)
    • Ceinsys Tech has delivered over 20% year on year earnings growth in the past 5 years.
    • Ceinsys Tech used its assets more efficiently than the IN IT industry average last year based on Return on Assets.
    • Ceinsys Tech has significantly improved its use of capital last year versus 3 years ago (Return on Capital Employed).
    • Ceinsys Tech's earnings growth has exceeded the IN IT industry average in the past year (536.3% vs 6%).
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    Cons

    • Whilst Ceinsys Tech has efficiently used shareholders’ funds last year (Return on Equity greater than 20%), this is metric is skewed due to its high level of debt.

    value

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    Pros

    • Ceinsys Tech is good value based on earnings compared to the IN IT industry average.
    • Ceinsys Tech is good value based on earnings compared to the India market.
    • 538734 outperformed the IT industry which returned -10.1% over the past year.
    • 538734 outperformed the Market in India which returned -14.5% over the past year.
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    Cons

    • Ceinsys Tech's share price is above the future cash flow value, it's not available at a moderate discount (< 20%).
    • Ceinsys Tech's share price is above the future cash flow value, it's not available at a substantial discount (< 40%).
    • Ceinsys Tech is overvalued based on assets compared to the IN IT industry average.
    • BSE:538734 is flat (0%) underperforming the IT industry which returned 8.5% over the past month.
    • BSE:538734 is flat (0%) underperforming the market in India which returned 8% over the past month.

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