Multibagger alert: This software company has delivered 1045% returns over the last two years!

Multibagger alert: This software company has delivered 1045% returns over the last two years!

by 5paisa Research Team Last Updated: 2022-04-26T11:49:44+05:30

The returns delivered by the company are 52.25 times the returns delivered by the S&P BSE 500 index, during the same time period.

Intellect Design Arena Ltd, an S&P BSE 500 company, has delivered multibagger returns to its shareholders in the last 2 years. During this period, the company’s share price jumped from Rs 72.85 on 24 April 2020 to Rs 834.3 on 25 April 2022, an increase of 1045% over the two years. An investment of Rs 1 lakh in this stock last year would have turned to Rs 11.45 lakh today! In the last two year, the index has climbed from the level of 19,447.06 on 24 April 2020 to 23,370.5 on 2022, a rally of 20.17%.

Intellect Design Arena creates financial technologies that help banks lead businesses on the path to growth and success. The company has a comprehensive portfolio of products across Global Consumer Banking, Central Banking, Risk & Treasury Management, Global Transaction Banking and Insurance and is engaged in the business of software development.

In the recent quarter Q3FY22, the company’s topline increased by 32.99% YoY to Rs 508.29 crore. The PBIDT (ex OI) went up by 38.20% YoY to Rs 133.02 crore and its corresponding margin stood at 26.17%. Similarly, the bottom line increased by 40.68% YoY to Rs 104.41 and the PAT margin stood at 20.54%.

The company is currently trading at a TTM PE of 33.70x, as against the industry PE of 29.77x. In FY21, the company delivered an impressive ROE & ROCE of 21% and 19.63%, respectively.

At 11.35 am, the shares of Intellect Design Arena Ltd were trading at Rs 819, a decrease of 1.83% from the previous day’s closing price of Rs 834.3 on BSE. The stock has a 52-week high & low of Rs 986 and Rs 578.7 respectively on BSE.


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