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HomeSTOCKS₹66 Share Giving 2 Bonus Shares For 1 Share; February 27 Record...

₹66 Share Giving 2 Bonus Shares For 1 Share; February 27 Record Date Fixed

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Bonus Share: Attention investors betting on bonus shares. This week DRC Systems India Ltd (NSE – BE: DRCSYSTEMS) will trade as ex-bonus stock in the stock market. 

The company has said that eligible investors will be given 2 bonus shares for 1 share. The positive aspect from an investors’ perspective is that the cost of the shares of the company is lower than 100 rupees.

What Is The Date Of The Record?

DRC Systems Limited has said in the documents it has provided to exchanges of stock that 2 shares will be offered as a bonus for one share that has the face value of Re 1. 

The company has decided to set Feb. 27th as the recording day for the bonus issuance. This means only the investors whose names are recorded in the books of the company at this time are entitled to bonus shares.

The Share Has Been Split Into 10 Parts

The company was earlier in the headlines in 2022. The company traded as an ex-split stock in March 2023. The company then divided the shares that had a face value of 10 rupees into 10 pieces. After which the face value became Rs 1 per share.

Money Doubled In 1 Year

DRC Systems Limited’s share price was Rs 67 at the time of market closing on BSE on Friday. On February 20 and 21, the company’s shares hit the upper circuit. 

Over the past 12 months, it has been reported that the worth of shares held by the firm has increased to 112 percent. In the same way, those who hold the shares for six months have earned an average of 68 percent thus far.

The positive aspect from an investor’s perspective is that the share price has seen an increase of 16 percent over one month.

In the markets for stocks, The company’s 52-week high amount is 71.15 while its 52-week lowest is 27.66 per share. Capitalization on the market for the business stands at 295.84 crore.

About DRC Systems India Ltd 

DRC Systems India Limited is an Information Technology service.

The primary activities of the Company are IT and IT-enabled solutions, which include Web and mobile app development maintenance, testing, and ancillary services. 

The services offered by the company include Web development, Mobile app creation, Content management electronic blockchain for commerce/e-commerce, big data, and much more. 

Z-ERP, the product of Z-ERP is a distributor management ERP (ERP) system. 

Z-ERP is a powerful Web-based ERP solution specifically intended for business-tobusiness (B2B) firms. Z-ERP provides solutions to complete business processes that meet the changing needs of businesses.

It is a system that integrates all aspects including order management, the floor of the plant distribution, sales, and even the plant floor which reduces the amount of work that is duplicated and wasted.

Fundamental Analysis of DRC Systems India Ltd 

Market Cap₹ 291 Cr.
Current Price₹ 66.0
52-wk High₹ 71.2
52-wk Low₹ 27.2
Stock P/E32.8
Book Value₹ 8.47
Dividend0.00 %
ROCE31.3 %
ROE32.6 %
Face Value₹ 1.00
P/B Value7.79
OPM21.1 %
EPS₹ 2.02
Debt₹ 0.00 Cr.
Debt to Equity0.00

DRC Systems India Ltd Share Price Target 2024 To 2030

Year1st Target2nd Target
2024₹70₹91
2025₹95₹121
2026₹124₹136
2027₹140₹157
2028₹160₹200
2029₹205₹228
2030₹230₹245
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DRC Systems India Ltd Shareholding Pattern

Promoters Holding
Dec 202222.57%
Mar 202322.57%
June 202322.57%
Sept 202322.57%
Dec 202322.44%
FII Holding
Dec 20221.06%
Mar 20231.06%
June 20231.05%
Sept 20231.02%
Dec 20230.68%
Public Holding
Dec 202276.38%
Mar 202376.38%
June 202376.38%
Sept 202376.41%
Dec 202376.88%
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DRC Systems India Ltd Share: Last 5 Years’ Financial Condition

To better understand how the market is performing, let’s look at the outlook of this share in the previous years. 

However, investors should be aware of the risks and the market conditions before making any investment decision.

Last 5 Years’ Sales:

2019
2020
2021
2022₹ 19.50 Cr
2023₹ 37.33 Cr

Last 5 Years’ Net Profit:

2019
2020
2021
2022₹ 0.70 Cr
2023₹ 8.88 Cr

Last 5 Years’ Debt-To-Equity Ratio:

20190
20200
20210
20222.23
20230
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Last 10 Years’ Profit Growth:

10 Years:
5 Years:
3 Years:
Current Year:51%

Last 10 years’ Return on Equity (ROE):

10 Years:
5 Years:
3 Years:
Last Year:33%

Sales Growth Over 10 Years:

10 Years:
5 Years:
3 Years:
Current Year:59%

Conclusion

This article is a complete guide about DRC Systems India Ltd Share. This information and forecasts are based on our research, company fundamentals, history, experiences, and technical analyses. 

Also, We have discussed the share’s prospects and growth potential in detail.

This information will help you in your further investment. 

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If you have any further queries, please comment below. We will be happy to answer all your questions. 

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Disclaimer: Dear readers, we’d like to inform you that we are not authorized by SEBI (Securities and Exchange Board of India). The information on this site is only for informational and educational purposes and shouldn’t be considered financial advice or stock recommendations. Also, the share price predictions are completely for reference purposes. The price predictions will only be valid when there are positive signs on the market. Any uncertainty about the company’s future or the current state of the market will not be considered in this study. We are not responsible for any financial loss you might incur through the information on this site. We provide timely updates about the stock market and financial products to help you make better investment choices. Do your research before any investment.

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