Dalal Street Investment Journal – July 20, 2019

122 DALAL STREET INVESTMENT JOURNAL I JULY 22 - AUG 4, 2019 DSIJ.in^

Should I hold 500 shares of Ujaas Energy bought at

`6.3 per share or should I exit? Please suggest.

I have 450 shares of R.S. Software. Should I Hold? - Vinay Roy

• B C Upadhyay

R.S. SOFTWARE (INDIA) UJAAS ENERGY LIMITED

BSE/NSE Code 517447 / RSSOFTWARE

Face Value ` 5

CMP `19.35

52-Week High `53.60 / Low `19.00

Your Current

Profit/(Loss)

--

BSE Code 533644 / UJAAS

Face Value ` 1

CMP `5.23

52-Week High `12.30 / Low `4.90

Your Current

Profit/(Loss)

(16.98 per cent)

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Company Name:

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Address:

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Vol. No. 34 No.17

Send in your queries:

DSIJ Pvt. Ltd.

C-101, 1st Floor, Trade Center,

North Main Road, Near Axis Bank,

Opp. Lane No. 6, Koregaon Park,

Pune - 411001

Email:[email protected]

DEMOCRATIZING WEALTH CREATION

U

jaas Energy Limited was previously known as M&B

Switchgears Limited. The company’s main business

segments include manufacturing and servicing of

transformers, generation and distribution of solar power units,

operation and maintenance of solar power plants and manufac-

turing and sales services of solar power systems. On the

financial front, the company has reported a decrease of 25.19

per cent in net sales to `49.92 crore for Q4FY19 as compared to

net sales of `66.73 crore for Q4FY18. For Q4FY19 the com-

pany’s PBDT stood at `2.47 crore, which is a decrease by 9.19

per cent compared to the PBDT posted at `2.72 crore for

Q4FY18. Also, in Q4FY19, the company’s net profit decreased

by 32.35 per cent to `0.69 crore from `1.02 crore in Q4FY18.

On the annual front, the net sales decreased by 56.77 per cent to

`144.45 for FY19 crore from `334.17 crore for FY18. PBDT

decreased by 64.60 per cent to `9.46 crore for FY19 from `26.73

crore for FY18. In FY19, the net profit decreased substantially

by 61.14 per cent to `6.61 crore from `17.01 crore recorded in

FY18. The company has had weak order inflow and delay in

realisation of receivables, reduced liquid funds, increasing

dependence on short-term funds. Credit rating agency CRISIL

has downgraded the company’s short-term and long-term

rating. Hence, we recommend a SELL to our investor-readers.

R.

S. Software (India) Limited is an electronic payment
services company. The company’s business operations
include development, testing and maintenance of
software. It focuses on providing software solutions to
electronic payment industries, computer software, automating
merchant management, onboarding and underwriting for
merchant acquiring, merchant data management, reference
data management and modelling platform, etc. The company
offers definition and deployment of sandbox strategy; develop-
ment and deployment of application programming
interfaces,etc. On the financial front, the company has
reported an increase of 51.70 per cent in net sales to 20.95 crore for Q4FY19 as compared to net sales of13.81 crore for
Q4FY18. For Q4FY19 the company’s operating loss was 5.07 crore and for Q4FY18 it was8.04 crore. Also, in Q4FY19, the
company incurred net loss of 5.06 crore, which is less than the net loss of5.96 crore posted in Q4Fy18. On the annual front,
the net sales increased by 6.36 per cent to 61.04 crore for FY19 from57.39 crore for FY18. The company posted an
operating loss of 27.59 crore for FY19 and operating loss of 34.90 crore for FY18. In FY19, the company incurred a net
loss of 23.88 core, which is less than the net loss incurred of 25.73 crore in FY18. Hence, we recommend an EXIT.

EXIT SELL

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