In 2017, Intense Technologies was identified as a potential multibagger candidate. Many research firms had identified it as a hot emerging business technology vendor at that time. But since then, the company’s performance and share price have changed. This blog post aims to provide an updated analysis of Intense Technologies’ multibagger story, its financial and share price performance, and its current position in the Indian business technology industry.
Company Overview:
Intense Technologies Limited is a digital transformation solutions provider for enterprise customers. The company helps clients digitize various aspects of customer handling, such as client acquisition, client insights, and customer engagement. Intense Technologies has customers in over 45 countries across four continents and holds a 70% market share in the Indian telecom industry. When we first identified this stock on 5th Jan 2017 its share price was Rs 189.35 at the Bombay Stock Exchange.
Financial Performance:
Intense Technologies’ revenue has grown at a CAGR of 21% between FY 2012-2016, and in FY 2016, Asia-Pacific added 57% of its revenue, while Europe and the Middle East added 42%. The company’s financial performance has been stable, with revenue growing at a CAGR of 6.5% from FY 2017 to FY 2021. However, the company’s net profit has been declining over the years, from INR 25.5 crores in FY 2018 to INR 2.6 crores in FY 2021.
Technical Analysis:
Intense Technologies’ share price has been volatile over the past few years. The share price has been steadily declining since all the analysts identified it. The last close price of the share price is around INR 64.20. The stock made an interim spike at 120 levels on July 2021 and again at 116 levels on January 2022. Hence, the 120 mark is acting as a strong resistance.
Is Intense Technologies Technically Still a Multibagger Story?
In the monthly time frame, the Moving Average Convergence Divergence (MACD) indicator suggests that the share price is in a downtrend. The Relative Strength Index (RSI) indicator also suggests that the share price is declining. As per our technical analysis as on March 2023, it is not yet a buy before it crosses the 120 level in a decisive way.
Company Performance since 2017 Analysis:
Since 2017, Intense Technologies’ share price has declined significantly. In January 2017, the share price was INR 189.35, while in March 2023, it is around INR 64. The company’s net profit has also declined significantly over the years. However, the revenue has remained stable, with a CAGR of 6.5% from FY 2017 to FY 2021.
Comparison with Industry Peers:
In terms of revenue, Intense Technologies’ performance has been relatively lower than its peers in the Indian business technology industry. The company’s revenue for FY 2021 was INR 89.76 crores, while its peers such as Tata Elxsi, L&T Infotech, and Mphasis had revenue of INR 2,054.87 crores, INR 14,622.5 crores, and INR 10,108.5 crores, respectively. However, Intense Technologies’ operating margin is higher than its peers, indicating that the company is more efficient in generating profits. Check the peer comparison from a screening website.
FAQ Section on Intense Technologies Multibagger Story
Intense Technologies is a digital transformation solutions provider for enterprise customers.
The average salary for Intense Technologies employees in India is around INR 6.6 lakhs per year.
The CEO of Intense Technologies is C.K. Shastri.
Intense Technologies’ financial results for December 2022 show that the company had a sales revenue of INR 19.15 crores and a net profit of INR 2.03 crores.
Conclusion:
Intense Technologies’ financial performance has been stable over the years, with revenue growing at a CAGR of 6.5% from FY 2017 to FY 2021,
However, the company’s net profit has been declining, which is a cause for concern. The share price has also declined significantly since 2022, and technical indicators suggest that it is in a downtrend. In terms of revenue, Intense Technologies’ performance is relatively lower than its peers in the Indian business technology industry. However, the company’s operating margin is higher than its peers, indicating that it is more efficient in generating profits.
Is Intense Technologies still a Multibagger Story?
Overall, while Intense Technologies has a strong presence in the Indian telecom industry and provides digital transformation solutions to enterprise customers, its declining net profit and lower revenue compared to its peers are areas of concern. Investors should carefully evaluate the company’s financial performance and market position before making any investment decisions.
Hello Indrajit,
Nice to see information regarding Intense tech. Stock. Do I think the target of RS. 2000 given, is realistic, if so is there any logic behind it.
Regards
Nilesh B.
Nilesh, actually this post has been written on basis of an interview with one of my good old friends and an HNI investor. The target he derived is as per the fundamentals, order prospects and insider stories on the actual financial papers.
what is the time frame your hni friend mentioned for said targets .thanks
AJM any multibagger should have a holding period of 3-5 years at least. Give the investments some time to grow. Not to mention have an eye on the financials of the companies time to time.
Hi indrajit, Intense is falling badly. Is there at cause of concern or a temporary downtrend. Kindly check with ur HNI friend and help us decide.
Salim, if you follow my post I told that current price is over heated and best entry will be in dips. You can utilize this dip to add this stock in your portfolio.
Hi indrajit, Intense is falling badly.i have 500 @ 145
Shell buy some more quantity for average???
Hi Sunit, dont average a falling stock if its not performing. There are many new investing opportunities in August 2017. Don’t keep all your eggs in the same basket.
Hi Mr Indrajit Mukherjee,
whats the call now….reco at 180….
now it is 80….for a person holding at 120…can be taken now ?
Mr. Aravind this counter has not given returns as expected and underperformed the index. Do not invest in this anymore. If you are holding shares hold for long-term view. Do not average in a losing counter.
Sir, as of today, 19-11-2019, intense technology price is Rs 29.75.How come so?
Raja, the company has not performed as expected. Are you holding it? If yes, then what is your buying price?
What recommendations do you hold for this stock now that it is below it’s instrinsic value?
Strong price performance and other positives make this INTENTECH stock as a stock to evaluate closely. But its earnings deserve further scrutiny, however.