New Delhi-based IT company that has wound down its consumer/enterprise IT-product distribution and digital-learning units to run a single IT System Integration & Support Services business.
Price
Market Cap
Sector
Information Technology
Rank
| Line item | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 | FY26 |
|---|---|---|---|---|---|---|---|---|
| LiabilitiesEquity Capital | 66 | 66 | 66 | 66 | 66 | 66 | 66 | 66 |
| Reserves | -108 | -306 | -281 | -319 | -335 | -357 | -366 | -362 |
| Borrowings | 505 | 538 | 414 | 355 | 355 | 355 | 355 | 333 |
| Other Liabilities | 584 | 352 | 292 | 404 | 370 | 369 | 370 | 404 |
| Total Liabilities | 1.0k | 649 | 491 | 506 | 456 | 433 | 424 | 440 |
| AssetsFixed Assets | 55 | 36 | 4 | 3 | 3 | 2 | 2 | 2 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 97 | 44 | 26 | 36 | 27 | 29 |
| Other Assets | 992 | 614 | 390 | 459 | 427 | 395 | 396 | 409 |
| Total Assets | 1.0k | 649 | 491 | 506 | 456 | 433 | 424 | 440 |
| Line item | FY19 | FY20 | FY21 | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|---|---|---|
| ActivitiesCash from Operating | 441 | 62 | -15 | 101 | 74 | -36 | -28 | 0 |
| Cash from Investing | 11 | 393 | 20 | 21 | -14 | 31 | 23 | 0 |
| Cash from Financing | -477 | -490 | -22 | -139 | -62 | 0 | 0 | 0 |
| SummaryCapital Expenditure | — | — | — | — | — | — | — | — |
| Free Cash Flow | 431 | 91 | -12 | 240 | 107 | -36 | -22 | -1 |
| FCF Margin | — | — | — | — | — | — | — | — |
This looks cyclical, and we don't have enough quarters to establish a through-cycle earnings base. Valuing it off the current point in the cycle would be misleading.
HCL-INSYS · CYCLICAL_UNMODELABLE
Guides on how to read this kind of business and the numbers that matter.