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Quick Heal Technologies Ltd share Price Today

Company details

487.50
508.95
148.00
599.70
6M Return 34.49%
1Y Return 208.52%
Mkt Cap.(Cr) 2,654.13
Volume 55,692
Div Yield 0.60%
OI
-
OI Chg %
-
Volume 55,692

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IT Software products company Quick Heal Technologies announced FY24 results:

Financial Highlights:

  • Revenue: Rs 291.8 crore
  • EBITDA: Rs 17.6 crore
  • PAT: Rs 24.2 crore
  • Proposed Dividend: Rs 3 per share

Commenting on the business performance, Vishal Salvi, Chief Executive Officer, Quick Heal Technologies, said, “We are pleased to announce another strong quarter and profitable FY24, driven by our unwavering focus on innovation and customer-centric solutions. Towards that commitment, we are happy to state that, our Board has approved further investments in new solutions and products to strengthen our portfolio. As India's only full-stack cybersecurity provider, we are witnessing good demand across all sectors, positioning us for significant growth, particularly in the midto-large enterprise sector. We eagerly anticipate the enforcement of the recently announced DPDP Act and are prepared to leverage our data classification solutions to support its implementation. Further solidifying our commitment to shaping the global cybersecurity narrative, Quick Heal, including Seqrite, our enterprise arm, has become a member of AISIC led by the Govt. of U.S.A. Strategic enterprise partnerships, such as with M Tech Solutions, have strengthened our presence in India, while collaborations with Syscom in the Middle East region and EET in the European Union markets have expanded our global reach. Furthermore, our deliberate efforts in onboarding industry veterans into our leadership last fiscal year reaffirms our commitment to strengthening our delivery capabilities. Reinforcing excellence and to deliver unparalleled customer experiences, we have inaugurated a state-ofthe-art Customer Experience Center at our Headquarters in Pune today.”

Ankit Maheshwari, Chief Financial Officer, Quick Heal Technologies, said, “Quick Heal delivered a consistent performance in FY24, driving both revenue growth and profitability. We witnessed a 5% YoY growth in Revenue and 9x EBITDA. Our recently launched new products are gaining traction among customers, contributing to revenue growth in the enterprise segments. Our R&D investments fueled innovation, with Quick Heal version 24 becoming the first in India to receive AV-Labs Poland certification for Safe Browser & Safe Banking, further bolstering consumer business growth. We are intensifying our focus on enterprise engagement and leadership, while continuing to prioritize product innovation and enhancement, market expansion, and stakeholder value creation. We have proposed a dividend of Rs 3 per share in line with our dividend distribution policy.”

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Quick Heal Technologies Ltd shares SWOT Analysis

Strengths (10)

  • Strong Momentum: Price above short, medium and long term moving averages
  • Strong Annual EPS Growth
  • Good quarterly growth in the recent results

Weakness (1)

  • Poor cash generated from core business - Declining Cash Flow from Operations for last 2 years

Opportunity (2)

  • Big Deal (Insider and SAST) buys last month greater than 1% of total shares
  • Highest Recovery from 52 Week Low

Threats (3)

  • Promoter decreasing their shareholding
  • High PE (PE > 40)
  • Increasing Trend in Non-Core Income

Resistance and support

R1 507.4
R2 518.9
R3 528.9
Pivot

497.47

S1 486.0
S2 476.0
S3 464.5
EMA SMA
487.9
477.4
463.5
413.3
476.1
472.0
487.9
416.2
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ANUPAMA KAILASH KATKAR Bulk Purchase 2024-06-18 489 5817570 BSE
KAILASH SAHEBRAO KATKAR Bulk Sell 2024-06-18 489 5817570 BSE
ANUPAMA KAILASH KATKAR Block Purchase 2024-06-18 489 5817570 BSE
Name Category Shares
Kailash Sahebrao Katkar PROMOTER 29.13%
Sanjay Sahebrao Katkar PROMOTER 29.13%
Anupama Kailash Katkar PROMOTER 7.11%
Chhaya Sanjay Katkar PROMOTER 7.11%

FINANCIALS

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Operating Profit
Profit after Tax
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Reserves and Surplus
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Quick Heal Technologies Ltd Stocks COMPARISON

Financials( in Cr) Quick Heal Technologies Ltd Tata Consultancy Services Ltd Infosys Ltd HCL Technologies Ltd Wipro Ltd
Price 495.95 3,904.15 1,566.75 1,459.60 514.85
% Change -0.90 -0.76 -0.42 0.32 0.79
Mcap Cr 2,654.13 1,412,555.83 650,337.09 396,086.54 269,016.23
Revenue TTM Cr 278.09 240,893.00 153,670.00 101,456.00 89,760.30
Net Profit TTM Cr 6.40 46,099.00 26,248.00 14,845.00 11,112.10
PE TTM 109.58 30.32 25.00 25.23 24.73
1 Year Return 208.52 21.42 21.14 24.73 34.88
ROCE 0.17 62.85 44.74 27.62 16.38
ROE 0.16 51.04 37.12 23.32 14.60
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 419.71 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,542.69 26,564.54
LAST 3M 107,300.08 -872.81
LAST 6M 187,950.75 839.71
LAST 12M 304,454.24 86,051.23
Quick Heal Technologies Limited - Trading Window

Jun 26, 2024 l NSE Announcement

Quick Heal Technologies Limited - Disclosure under SEBI Takeover Regulations

Jun 24, 2024 l NSE Announcement

Date Action Type Ratio
Jul 28, 2023 Dividend 25
Aug 18, 2022 Dividend 45

Quick Heal Technologies Ltd Information

Stock PE (TTM)
109.58
Promoter Holding
72.48%
Book Value
81.621
ROCE
0.17%
ROE
0.16%
Description
  • Quick Heal Technologies Ltd is one of the leading IT security solutions company. The company offers high quality, feature-rich IT security products and solutions. It has established its proprietary anti-virus technology under the brands Quick Heal and Seqrite to cater Retail and Enterprise & Government segments, respectively. As a customer-centric, relationship-driven partner, Quick Heal focuses on providing easily deployable and trustworthy IT security solutions for defense against real-time risks. Its product portfolio addresses IT Security risks across multiple software platforms like Windows, Mac, Android and linux and across multiple devices platforms like Desktops, laptops, Mobile, tablets, serving and multiple business segments - home / Soho, SMB, Enterprise & Government. Quick Heal is currently the market leader in the retail segment with more than 30% market share. The company is also a certified partner of Microsoft since 2008. The company`s channel network comprises 21,401 channel partners, 527 Enterprise Partners, 164 Government Partners and 12 Mobile Distributors. Quick Heal Technologies Limited was incorporated as CAT Computer Services Private Limited on August 7, 1995 at Pune as a private limited company under the Companies Act, 1956. Subsequently, the name of the Company was changed to Quick Heal Technologies Private Limited and a fresh certificate of incorporation consequent upon change of name was issued by the RoC on August 7, 2007. The name of the Company was further changed to Quick Heal Technologies Limited on September 8, 2015 pursuant to conversion of the status of our Company to a public limited company and a fresh certificate of incorporation consequent upon conversion to public limited company was issued by the RoC on September 8, 2015. During the financial year ended 31 March 2016, Quick Heal Technologies expanded its operations in Pune, through its office at Marvel Edge and also at its branch at Bangalore as Support Office. During the financial year ended 31 March 2016, in the mobile smart phone market Quick Heal Technologies introduced Quick Heal Gadget Securance in which provides security and insurance as a combined product. Quick Heal Technologies came out with an initial public offer (IPO) during the period from 8 to 10 February 2016. The IPO was a combination of fresh issue of Rs 250 crore and Offer for Sale of 62.69 lakh shares by the selling shareholders. The Equity Shares of the Company were listed on BSE Limited (BSE) and the National Stock Exchange of India Limited (NSE) since 18th February 2016 During the financial year ended 31 March 2017, Quick Heal Technologies partnered with an ambitious initiative launched by the Government of India, Cyber Swachhta Kendra (CSK), which is a botnet cleaning and malware analysis center. It aims to bring in enhanced security measures to Indian users and secure the cyber ecosystem. Botnets can cause a wreck in the internet, especially so for India, as it is one of the highly botnet infected countries in the world. During the year under review, Quick Heal Technologies sharpened its focus on the enterprise segment. The company launched products under the Seqrite brand targeted at small and medium-sized businesses (SMBs) and emerging enterprises which are cloud enabled.During the year under review, the company consolidated its Channel Management activities by further strengthening the distribution network. The company added Channel Partners across its product categories - Retail, Enterprise, and Mobile. It also implemented systems and proactive measures to ensure a stronger control on market receivables and set up a robust policy for credit lines. During the financial year ended 31 March 2018, Quick Heal Technologies continued to retain its leadership position with over 30% market share in the retail segment. The Company continued to penetrate across the untapped segments and offered best-in-class IT security solutions that created value for the end-users. During the year under review, the company strategically discontinued its mobile and handset insurance product - Quick heal Gadget Securance - as this business faced multiple challenges in servicing the claims which in turn was creating negative perception of its Brand. However, the company continued to focus on security solutions for mobiles.During the year under review, the company made further inroads into the Enterprise and Government segment through its tailor-made offerings. During the year, the company entered into a technology collaboration with Finland-Based Company, Jetico, and introduced end-point encryption solution under the brand `Seqrite`. During the year, the company increased its focus on business promotion and advertising along with sales promotion activities to spurt up the growth which is reflected in revenue growth for FY 2018.

Registered Address

Marvel Edge 7th Floor, Office No 7010 C&D Viman Nagar, Pune, Maharashtra, 411014

Tel : 91-20-66813232
Email : cs:quickheal.co.in; info:quickheal.com
Website : http://www.quickheal.com
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 539678
NSE Code : QUICKHEAL
Book Closure Date (Month) : Aug
BSE Group : B
ISIN : INE306L01010

FAQ’s on Quick Heal Technologies Ltd Shares

You can buy Quick Heal Technologies Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Quick Heal Technologies Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 28, 2024 03:56 PM the closing price of Quick Heal Technologies Ltd was Rs.495.95.

The latest PE ratio of Quick Heal Technologies Ltd as of Jun 28, 2024 03:56 PM is 109.58

The latest PB ratio of Quick Heal Technologies Ltd as of Jun 28, 2024 03:56 PM is 0.16

The 52-week high of Quick Heal Technologies Ltd share price is Rs. 599.70 while the 52-week low is Rs. 148.00

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 28, 2024 03:56 PM, the market cap of Quick Heal Technologies Ltd stood at Rs. 2,654.13 Cr.

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