Twinstar Industries revenue growth decelerated from 40.3% in FY2015 to 3.7% in FY2016
28-05-2016 • About Twinstar Industries (
$TWINSTAR) • By InTwits
Twinstar Industries reported FY2016 financial results today. Overall the company's long term financial model is characterised by the following facts: EBITDA Margin is relatively stable: in FY2016 vs. in FY2015 vs. 1.8% in FY2012.
Below you can find a comprehensive analysis of the key data driving the company's performance and the stock price.
Revenue and profitability
The company's Revenue increased on 3.7%.
Net Income margin showed almost no change in FY2016.
Financial and operational results
Twinstar Industries ($TWINSTAR) key annual financial indicators| mln. INR | 2012 | 2013 | 2014 | 2015 | 2016 | 2016/2015 |
|---|
P&L
|
|---|
| Revenue | 322 | 514 | 714 | 1,002 | 1,039 | 3.7% |
| EBITDA | 6 | 4 | | | | |
| Net Income | 10 | 3 | 3 | 6 | 2 | -63.7% |
Balance Sheet
|
|---|
| Cash | 13 | 1 | | | | |
| Short Term Debt | 0 | 0 | | | | |
| Long Term Debt | 0 | 0 | | | | |
Cash flow
|
|---|
| Capex | 0 | | | | | |
Ratios
|
|---|
| Revenue growth | 204.5% | 59.8% | 38.8% | 40.3% | 3.7% | |
| EBITDA growth | 137.2% | -30.5% | | | | |
|
|---|
| EBITDA Margin | 1.8% | 0.8% | | | |
| Net Income Margin | 3.1% | 0.5% | 0.4% | 0.6% | 0.2% | -0.4% |
|
|---|
| ROIC | 2.0% | 0.5% | | | | |
| ROE | 4.6% | 1.2% | | | | |
| Net Debt/EBITDA | -2.2x | -0.1x | | | |
Peers in IT Software Products
Below you can find Twinstar Industries benchmarking vs. other companies in IT Software Products industry. It's shown for the period of 5 years for the key financial metrics. Each table has median value for all the companies in the industry together with individual financial data of the top-5 companies in the industry by particular financial metric.
Top companies by Revenue growth, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Atishay Infotech ($ATISHAY) | - | 6.9% | 21.8% | 28.2% | -2.2% |
| Dion Global Solutions ($DION) | - | 40.8% | -9.5% | 27.8% | -14.4% |
| Avance Technologies ($AVANCE) | - | -17.9% | -30.8% | 20.3% | -4.6% |
| Softsol India ($SOFTSOL) | -10.4% | 9.3% | -20.4% | 14.1% | - |
| Aurionpro Solutions ($AURIONPRO) | 13.9% | 17.7% | 14.2% | 13.6% | - |
| |
|---|
| Median (16 companies) | 12.3% | 15.4% | 14.2% | 9.4% | -2.2% |
|---|
| Twinstar Industries ($TWINSTAR) | - | 59.8% | 38.8% | 40.3% | 3.7% |
Top companies by EBITDA margin, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Atishay Infotech ($ATISHAY) | 35.7% | 28.1% | 25.8% | 24.5% | 21.9% |
| Subex ($SUBEX) | 27.3% | 17.0% | 24.9% | 23.6% | 20.8% |
| Tata Elxsi ($TATAELXSI) | 13.8% | 11.9% | 17.6% | 20.9% | 23.0% |
| Cambridge Technology Enterprises ($CTE) | - | - | - | 20.9% | - |
| Virinchi Technologies ($VIRNICHIQ) | - | - | - | 17.4% | - |
| |
|---|
| Median (24 companies) | 9.6% | 9.4% | 10.1% | 9.3% | 11.2% |
|---|
Top companies by CAPEX/Revenue, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Aurionpro Solutions ($AURIONPRO) | 17.5% | 12.3% | 12.6% | 13.4% | - |
| Mastek ($MASTKBBPH) | 2.2% | - | 0.0% | 4.9% | 2.4% |
| Dion Global Solutions ($DION) | 39.9% | 11.9% | 29.6% | 4.0% | 18.4% |
| Tata Elxsi ($TATAELXSI) | 5.3% | 5.4% | 3.1% | 3.9% | 3.6% |
| Polaris Financial Technology ($POLARIS) | 7.2% | 2.5% | 1.5% | 3.9% | 1.6% |
| |
|---|
| Median (10 companies) | 4.5% | 5.4% | 2.3% | 3.0% | 2.4% |
|---|
Top companies by ROIC, %
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Tata Elxsi ($TATAELXSI) | 22.5% | 19.1% | 38.3% | 55.4% | 65.9% |
| Mindteck (India) ($MINDTECK) | -2.6% | 1.2% | 20.0% | 17.5% | 10.6% |
| Blue Star Infotech ($BLUESTINFO) | - | 7.1% | 16.3% | 17.4% | - |
| Polaris Financial Technology ($POLARIS) | 19.5% | 15.1% | 12.6% | 16.2% | 24.8% |
| Aurionpro Solutions ($AURIONPRO) | 8.6% | 8.6% | 5.9% | 12.1% | - |
| |
|---|
| Median (31 companies) | 4.6% | 5.8% | 16.3% | 12.1% | 10.6% |
|---|
| Twinstar Industries ($TWINSTAR) | 2.0% | 0.5% | - | - | - |
Top companies by Net Debt / EBITDA
| Top 5 | FY2012 | FY2013 | FY2014 | FY2015 | FY2016 |
|---|
| Subex ($SUBEX) | 4.6x | 13.1x | 8.5x | 8.0x | 0.9x |
| Dion Global Solutions ($DION) | 11.8x | 11.3x | - | 7.4x | - |
| Aurionpro Solutions ($AURIONPRO) | 1.7x | 1.7x | 1.9x | 1.2x | - |
| Saksoft ($SAKSOFT) | 2.8x | 2.3x | 0.0x | 1.2x | 0.3x |
| Datamatics Global Services ($DATAMATICS) | 0.5x | 0.3x | 0.5x | 0.3x | 0.4x |
| |
|---|
| Median (20 companies) | 0.7x | 0.0x | 0.0x | 0.0x | -0.4x |
|---|
