RATING

RECOMMENDATION

Buy

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RATING

RECOMMENDATION

Buy

Business Type

Startup - Growth Phase

RATING

RECOMMENDATION

Buy

Business Type

Startup - Growth Phase

  • Experiential Growth

Get info on Experiential Etc Unlisted Shares before buying, selling, and investing - Read our Research report on Experiential Etc Peer Comparison & Information like - Revenue Growth, EPS Growth, & Experiential Etc Profitability Ratios.

Experiential Revenue Growth

Growth in %

  • 792.62%

    1 Year

After 4 years of operations, the company has finally gained grounds for realizing higher sales along with improvement in the scalability of the company. The company's revenue from operations has increased by a factor of 9x in FY22 from FY21, which was a result of the inclusion of larger accounts like Mastercard, Sony HP, and Xiaomi. In comparison to FY21, overall revenue increased 14x in FY22. 

Experiential Net Profit Growth(PAT)

Growth in %

  • NA

    1 Year

Profit after tax for the company has witnessed an increase of 273% in FY22 from FY21. An increase in the net profit is mostly attributable to an increase in the revenue from operations, with the addition of clients and increasing brand awareness. It must be noted that expenses per unit of revenue have also seen a significant downfall from 1.51 to 0.42, attributable to the scalability of the company. Employment benefit expenses have also seen an increase of 5x, and the company has spent Rs. 2.8 lakhs on infrastructure, which increased the overall expenses, but the increase in revenue led to an increase in the overall profitability of the company.

Experiential EPS Growth

Growth in %

  • NA

    1 Year

Company in FY22 has increased its number of equity shares in lieu of funding rounds, which led to a decrease in the denominator, with the use of such funds, the company has expanded its operations base and generated higher profits, which led to an increase in the EPS in FY22 from FY21. 

  • Experiential Book Value Growth

There has been a subsequent increase in the overall equity of the company in lieu of private equity funding rounds, along with an increase in profits, that increased retained earnings, which transpired into an increase in the overall equity of the company in FY22. 

Experiential EBITDA Growth

Growth in %

  • NA

    1 Year

In comparison to FY21, overall EBITDA increased by 342% in FY22. An increase in the EBITDA is mainly attributable to an increase in the revenue and lower expenses per unit of expense in FY22. Overall revenue has increased by a factor of 9x and subsequent expenses have increased by 3x, which represents the company's moving on to a scalable business model. Moving forward, the company is expected to realise higher revenue and, subsequently, higher EBITDA. 

Experiential Operating Profit Growth

Growth in %

  • NA

    1 Year

The EBIT of the company in FY22 has improved by 329% from FY21. In FY21, overall EBIT was negative Rs. 28 lakhs, while in FY22, EBIT amounted to Rs. 64 lakhs. The reason for the improvement in EBIT is similar to that in EBITDA in FY22, as depreciation remained at a relatively stable level and was insignificant towards the changes in EBIT. 

Experiential Asset Growth

Growth in %

  • 245.26%

    1 Year

The Company in FY22 has started to increase its asset base to cater to future needs, which mostly involves setting up an office and computers as the company heavily relies on technology. The addition of a computer, furniture, and fixtures amounted to Rs. 4.2 lakhs and Rs. 4.4 lakhs, respectively. Overall assets in FY22 have increased substantially with the overall addition of fixed assets amounting to Rs. 9.8 lakhs. 

  • Experiential Solvency Ratios

Experiential D/E Ratio

The company has a very low debt to equity ratio of 0.2. The company in FY21 has raised capital using debt while in FY22, the company has raised equity to meet its expansion plans. The company undertook a long-term debt of Rs. 13 lakhs bank overdraft in FY21. In FY22, overall debt comprises only of the unsecured loan from the shareholders of the company. On the other hand, equity of the company 

Experiential Current Ratio

On average, the current ratio remained at a desirable level of 4.5. On a year-on-year basis, the current ratio in FY21 stood at 1.98, while in FY22 it stood at 7.4, which shows an increase of 3.7x from FY21. The reason for such growth in the current ratio in FY22 is mainly attributable to an increase in current assets by 235%, mainly due to an increase in the receivables and loans and advances of the company. Current liability, on the other hand, fell by 11%, attributable to negative payables and a fall in the advances received from the customers. 

Experiential Quick Ratio

On average, the quick ratio of the company is significantly lower than the current ratio as inventories account for a substantial position on the balance sheet, accounting for 71% and 38% for FY21 and FY22, respectively. On a year-on-year basis, the quick ratio in FY21 stood at 0.57, while in FY22 it stood at 5.35, which shows an increase of 9.3x from FY21. The reason for such growth is the substantial increase in the receivables of the company of 10.4x from FY21, which lowered the portion of inventory in the overall assets to 38% and subsequently increased the quick ratio of the company in FY22. 

Experiential Interest Coverage Ratio

In FY21 and FY22, the company had no interest expense as the company raised capital by only using equity. As a result, the interest coverage does not accurately reflect the company's solvency position.

  • Experiential Operating Efficiency

The company's overall margins have improved significantly in FY22 from FY21. This was a result of the inclusion of clients like Xiaomi, Mastercard, and Sony HP, which led to higher realisation and lower expenses per unit of revenue, which represents a de-growth of 72% in FY22 from FY21, leading to improvement in the overall margins of the company substantially. 

Experiential Operating Profit EBIT Margin(OPM)

Experiential Profit Before Tax Margin (PBT Margin)

Experiential Profit After Tax Margin (PAT Margin)

  • Experiential Profitablity Ratio

The company's profitability ratios have remained healthy in lieu of an increase in profits and effective ways of allocating funds to generate higher sales and investments in fixed assets to cater to future needs in the coming years. 

Experiential Return on Equity(RoE)

Return on equity of the company in FY22, stood at 68%, which is relatively high compared with peers. As per Dupont Analysis, an increase in the ROE is attributable to positive parameters. In comparison to FY21, the net income margin increased by 118% in FY22. turnover of the company stood at 3, which is a clear indicator of an increase in the revenue from operations, with the given asset base currently operating at. The equity multiplier stood at 1.5 as the company primarily raised capital using equity and bank overdrafts to meet its short-term requirements. Overall, the company is looking further to expand its assets to further cater to the bigger clients and similarly higher realisation of revenue. 

Experiential Return on Capital Employed(RoCE)

On average, ROCE of the company in FY22 stood at a healthy level of 70.8%. Capital employed in FY22, witness a growth of 495%, mostly attributable to fund raising through and with significant improvement in EBIT of the company, ROCE of the company stood positive and healthy. 

Experiential Return to Assets (RoA)

The ROA of the company also stood at a healthy level of 44.7%, despite a substantial increase in the overall assets of the company worth Rs. 127 lakhs in FY22 from FY21. The reason for such a high ROA is an increase in the overall profits of the company. It must be noted that asset turnover of the company has also increased by 111% in FY22 from FY21, as a result of the rightful allocation of assets to generate higher sales, translating into higher net profits. 

  • Experiential Valuation Ratios

Experiential Earning Yield