Take Solutions Share Price

The company released the statement of financial results for the second quarter of the financial year spanning 2018-2019 and this unaudited statement indicates the following:

1. The total income of the company was Rs.34.53 crore. This was an increase over the previous quarter when total income was Rs.26.76 crore.
2. The total expenses incurred by the company was Rs.5.03 crore which was an increase from the total expenses incurred in the preceding quarter at Rs.3.36 crore.
3. The profit for the quarter was Rs.27.38 crore while it was Rs.22.16 crore in the previous quarter.

1. The basic earnings per share for the first quarter was Rs.1.50 and Rs.1.85 in the second quarter. The diluted earnings per share in the first quarter was Rs.1.49 and Rs.1.84 in the second quarter.

Q1 Results FY19

The company released the unaudited standalone financial results for the first quarter of FY 2018-2019 and this statement indicates the following:

1. The total income of the company for the quarter was Rs.26.76 crore. This was an increase from the total income in the previous quarter when it was Rs.6.97 crore.
2. The total expenses incurred by the company totaled Rs.3.36 crore while it was Rs.5.18 crore in the previous quarter.

1. The profit for the quarter was Rs.22.16 crore and this was a multi-fold increase from the profit in the preceding quarter clocked at Rs.1.73 crore.
2. The basic and diluted earnings per share for the previous quarter was pegged at Rs.0.13 in the final quarter of FY18. The basic earnings per share was pegged at Rs.1.50 in the first quarter of FY19 and the diluted earnings per share was pegged at Rs.1.49 in the same period.

Annual Report FY 2017-2018

The company released the audited statement of standalone financial results for the financial year spanning 2017-2018 and the statement indicates the following:

1. The total income of the company for the year was Rs.35.24 crore. This was a decrease from the total income of the company for the previous year, clocked at Rs.41.20 crore.

1. The total expenses of the company in the FY18 was clocked at Rs.20.50 crore and it was clocked at Rs.26.63 crore in FY17.
2. The profit for the year was Rs.15.25 crore while it was Rs.14.42 crore in the previous year.
3. The basic and diluted earnings per share at the close of FY17 were clocked at Rs.1.11. The basic and diluted earnings per share at the close of FY18 were clocked at Rs.1.14.

Q4 Results FY18

The company released the audited statement of financial results for the quarter ending March 2018 and this statement indicates the following:

1. The total income of the company for the quarter was pegged at Rs.6.97 crore. This was a decrease from the previous quarter when the total income of the company was Rs.10.50 crore.
2. The total expenses incurred by the company over the quarter was totaled to be Rs.5.18 crore and this was a decrease, however mild, from Rs.5.98 crore over the previous quarter.
3. The profit for the quarter was Rs.1.73 crore and this was a drop from the profits over the previous quarter at Rs.4.51 crore.
4. The basic and diluted earnings per share for the third quarter were pegged at Rs.0.34 each. This was reduced to Rs.0.13 each at the close of the fourth quarter.

Stock trends in 2018

1. The stock began trading at about Rs.163 in the beginning of 2018. The stock remained mostly steady through the month and closed at about Rs.166 at the end of the month.
2. The stock continued its steady trend in the month of February 2018. An interim 30% dividend was announced on 15 February 2018 and the stock closed at about Rs.169 at the end of the month.
3. The stock continued on a steady path over the first few days of the month of March 2018. While the stock dipped a little in price, it gained again to close at about Rs.163 for the month.
4. April 2018 marked a period of increase in prices for the stock. The stock breached the Rs.200 mark during this month and the final price for the month was about Rs.215.
5. The stock remained mostly steady in May 2018, peaking at about Rs.248 at the close of the month.

1. The stock peaked in price for the year by mid-June 2018 at a price of about Rs.297. The stock then declined in price over the course of the month and the final price was about Rs.227 for the month.
2. The stock rose a little and fell in July 2018. And the final price for the month was about Rs.202.
3. The stock was mostly steady in August 2018 and a final 40% dividend was announced on 2 August 2018. The continued its trend for the rest of the month and the final price for August 2018 was about Rs.201.
4. The stock remained steady in price for about the first three weeks of the month in September 2018 but declined after that. The final price for the month was about Rs.152.
5. The stock declined a bit more in October 2018 and again in November 2018. An interim 30% dividend was announced on 9 November 2018.

1. The stock was mostly steady in December 2018, rising over the last few days to close at about Rs.148.

Stock trends in 2017

1. The year 2017 marked a period of major fluctuations in the stock price. The stock began trading at about Rs.135 in January 2017. The stock then declined over the course of February 2017. An interim 30% dividend was announced on 16 February 2017. The stock closed at a price of about Rs.135 at the close of the month. March 2017 marked a period of decline for the stock price.
2. April, May, and June marked periods of major fluctuations during which the stock touched its lowest point for the year and then bounced back healthily.
3. While the stock peaked a bit in July 2017, it declined in price again. A final 40% dividend was announced on 3 August 2017 and the stock continued on a lower trend for the month. By September 2017, the stock had gained a little in price.

1. October, November, and December marked periods of major fluctuations for the company with an interim 30% dividend being announced on 17 November 2017. The final price for December 2017 was about Rs.161.

Stock trends in 2016

1. The year 2016 marked a period of wild fluctuations in the price of the stock. It opened at about a price of Rs.167 in January 2016. The stock then declined in price. During February 2016, the stock fluctuated a lot and an interim 30% dividend was announced on 17 February 2016. The price of the shares rose in March but did not last.
2. April 2016 marked a period of decline in the share price and May marked a period of increases in the share price. The rise continued well into June 2016 and the final price for the month was about Rs.175.
3. The stock fluctuated a lot in July, August, and September 2016. A final 40% dividend was announced on 18 August 2016.

1. While the stock increased a little in price in October 2016, it dropped by a lot later. The drop continued well into November 2016. An interim 30% dividend was announced on 17 November 2016. The stock gained a little in December 2016 but not enough to offset the other decreases. The final price for December 2016 was about Rs.134.

Should you invest in stocks of TAKE Solutions?

1. The company has a well-established presence around the world.
2. The company is involved in supply chain management which is one of the most critical aspects of business in today's world. Thus, it can be seen that the demand for the company's expertise will not flag anytime soon.
3. The company has received a number of awards for its work.

1. In order to expand its footprint, the company has acquired a number of companies around the world.
2. The company has shown consistent growth over the years, nearly always turning a profit in each quarter.

Thus, considering all of this information, stocks of TAKE Solutions could be considered a good investment. But, stocks are inherently volatile and investments should be made only after careful research into the company.

Company information

The company is located in Chennai in India. It has a presence in about ten countries around the world, and this translates to a presence across four continents. The company has about 1,500 employees.

History of the company

The company was established between the years 2000 and 2004 and during this time, the company also inaugurated its headquarters in North America. This was located at Princeton, New Jersey, USA.

Between the years 2007 and 2010, the company acquired OnSphere Coporation and ClearOrbit both of which were companies located in the USA. The company also inaugurated a global delivery centre in Chennai and launched a new SaaS platform. The period also marked the company's IPO and listing on the BSE and NSE.

Between 2011 and 2014, the company acquired another company, this time the UK-based WCI Consulting Group. The company was recognized as a leader in IDC MarketScape on Drug Safety Services.

The company launched operations in Colombia in the year 2015 and acquired a company called Ecron Acunova in 2016.

Management

The company is headed by the following individuals:

N Kumar - Chairman

Srinivasan H R - Vice Chairman and Managing Director

D V Ravi - Director and Co-founder

Ram Yeleswarapu - President and Chief Executive Officer

The Board consists of the following individuals:

R Sundara Rajan - Independent Director

Prof G Raghuram - Independent Director

Raman Kapur - Independent Director

Uma Ratnam Krishnan - Independent Director

V Murali - Independent Director

S Srinivasan - Director

Subhasri Sriram - Executive Director and chief financial officer

Shobana N S - Executive Director

TAKE Solutions Listings on BSE, NSE, and other indices

The company is listed under the following codes on the BSE, and NSE:

1. BSE: 532890
2. NSE: TAKEEQ
3. IND: IT consulting and software
4. ISIN Code: INE142I01023
5. SECT: Information technology

The company is included in the following indices:

1. Nifty 500
2. Nifty Smallcap 250

1. S&P BSE 400 MidSmallCap Index
2. S&P BSE AllCap
3. S&P BSE MidSmallCap
4. Nifty MidSmallcap 400
5. S&P BSE 250 SmallCap Index

1. S&P BSE 500
2. S&P BSE Information Technology
3. S&P BSE SmallCap

Location

The registered office of the company is located at the following address:

TAKE Solutions Limited, Number 27, Tank Bund Road, Nungambakkam, Chennai - 600 034, India

Telephone: +91 44 6611 0700 / +91 44 6611 0701

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DISCLAIMER:

The contents of this post/blog does not constitute financial or other professional advice nor does it imply in any manner a principal-agent relationship, and is not a professional advice on a specific financial matter.