Stampede Capital Ltd
Other Financial Services
FV – Rs 1; 52wks H/L –80/28.23; TTQ – 6 Lacs; CMP – Rs 44(As On July 26, 2016; 15.30);
Market Cap – Rs 1005.36 Crs
Consolidated Financials and Valuations for FY16 (Amt in Rs Crs unless specified)
Equity Capital |
Net worth |
Long Term Debt | Total Sales |
PAT | BV (Rs) |
EPS (Rs) |
P/E |
Industry P/E |
P/BV |
Promoter’s Stake |
Beta |
| 22.81 | 141 | – | 195 | 66.71 | 6 | 2.92 | 15.07 | 28.24 | 7.3 | 43.99 | – |
*Virtually debt free.
Consolidated Financials and Valuations for Q4 FY16
Equity Capital |
Net worth |
Total Sales |
PAT | BV (Rs) |
TTM EPS (Rs) |
TTM P/E |
Industry P/E |
P/BV |
Promoter’s Stake |
Beta |
| 22.81 | 141 | 69 | 21.3 | 6 | 0.93 | 47.3 | 28.24 | 7.3 | 43.99 | – |
Valuation Parameters:
- Long Term Debt to Equity – Nil
- ROE % – 47
- Market Cap/Sales – 5.2
Key Updates:
Stampede Capital said it is finalising the investment banker and global audit firms for listing a Singapore-incorporate subsidiary overseas.
http://www.vccircle.com/news/technology/2016/01/04/stampede-aims-overseas-listing-singapore-arm
Stampede is a Liquidity Provider and Market Maker of multiple exchanges such as SGX, CME, NSE, BSE, DGCX, HKEX, ICE and MCX-SX; driving millions of dollars trading volume everyday across the globe in nano seconds.
From July 25th 2016 it has been listed on NSE.
The company operates three subsidiaries:
- Stampede Cloud Services Pvt Ltd (Indian Subsidiary)
- Stampede Financials Pte Ltd (Foreign Subsidiary)
- *Stampede Technologies Pte Ltd (Step down Subsidiary)
* Stampede Technologies Pte Ltd is a subsidiary of Stampede Cloud Services Pvt Ltd
Stampede Financials Pte Ltd is a wholly own foreign subsidiary of the company whose Total Assets amounted to Rs. 77.09 Crs and Total Revenue generated to Rs. 108 Crs.
| Particulars | FV | 31-03-2015 | 31-03-2014 |
| Investment in Subsidiaries : | No. of shares | ||
| Stampede Cloud Services Pvt Ltd | Rs 10 | 5009999 | 5009999 |
| Stampede Financials Pte Ltd | SGD 1 | 3739020 | – |
Overview:
- Stampede Capital Ltd is a financial technology company. They are Non-bank liquidity provider ti Fixed Income, Currencies and Commodities (FICC) products in AsiaPac and emerging markets.
- The Company is specialized in automation of knowledge work and cloud computing for financial markets.
- The Company provides electronic market making, which is an algorithm based on Bayesian conditional probabilities. The Company uses three types of artificial intelligence (AI) for automation of knowledge work, which includes conventional AI, computational AI and complex event processing.
- The Company’s direct market access (DMA) cloud platform that assists institutions, private bankers and hedge funds to reduce their total cost of ownership (TCO).
- The Company also provides various cloud solutions, such as dynamic portfolio insurance (DPI), tracking index model (TIM), voice web application platform (VWAP) cloud and risk management cloud.
- The Company primarily is a research driven Global FinTech House specialized in Data Handling (Big Data, Law of Large Numbers and Liquidity), Data Processing (Trade Flows & Hosted Management Solutions) and Data Management (Robo Advisory Platform).
What is Automated Trading?
An automated trading system (ATS) is a computer program that creates orders and automatically submits them to a market center or exchange. Automated trading systems are often used with electronic trading in automated market centers, including electronic communication networks, “dark pools”, and automated exchanges.
Five Core Strengths of Stampede :
- Aggregating the Data Flows is with the lowest latencies.
- Global connectivity is in Order Routing with the shortest path routing.
- In-house SDE’s [Stochastic Differential Equations] for controlling Asymmetric flows. [Inventory Control].
- Parallel processing of the flows is into a Giant Global Vector Matrix. [GPU and Parallel Processing Power].
- Combining the expertise of SDE’s by creating the world’s best Actuaries / Quant World Integration.
Management:
- Venkat Srinivas Meenavalli – Chairman
- Emmanuel Dasi – CFO
Major Non-Promoter Holdings:
| Sr.No | Non – Promoters | No. of Shares held | % of shares held |
| 1 | Silver | 2124400 | 9.31 |
| 2 | Amitabh Harivansh Rai Bachchan | 699293 | 3.07 |
| 3 | Resonance Opportunities Fund | 669000 | 2.93 |
| 4 | Arindham Sekhar Garments Marketing Pvt Ltd | 310000 | 1.36 |
| 5 | Arcadia Share & Stock Brokers Ltd | 252218 | 1.11 |
| Total | 4054911 | 17.77 |
Consolidated Financial Trends (In Rs. Crs) :
| Particulars | FY16 | FY15 | FY14 | FY13 | FY12 | FY11 |
| Equity Paid Up | 22.81 | 22.81 | 21 | 20.65 | 20.65 | 5.65 |
| Networth | 141 | 72 | 24 | 23 | 15 | 1.3 |
| Total Debt | 1 | 3 | – | – | 1 | 1 |
| Net Sales | 195 | 75 | 25 | 38 | 6 | 2 |
| Other Income | – | 0.5 | 0.7 | 0.2 | – | – |
| PAT | 66.71 | 14.53 | -0.15 | 8.1 | -1.49 | -0.46 |
| Book Value (Rs) | 6 | 3 | 1 | 1 | 1 | 0 |
| EPS (Rs) | 2.92 | 0.64 | -0.01 | 0.39 | -0.07 | -0.08 |
The company on March 25, 2015 through preferential allotment has issued and allotted 1541000 Equity shares of Rs.10/- each at a premium of Rs.197/- per share and also allotted 268625 Equity Shares of Rs.10/- at a premium of Rs. 38/- per share, on April 21, 2014
On 7/1/2016 there was a stock split of face value Rs.10 per share to Rs.1 per share.
Debt is of short term period only. (Working capital purpose)
Standalone Financial Trends (In Rs. Crs) :
| Particulars | FY16 | FY15 | FY14 | FY13 |
| Equity Paid Up | 22.81 | 22.81 | 21 | 20.65 |
| Networth | 56 | 56 | 22 | 20 |
| Total Debt | 1 | 3 | – | – |
| Net Sales | 20 | 6 | 7 | 8 |
| Other Income | – | 0.1 | 0.05 | 0.07 |
| PAT | 0.38 | 0.5 | 1.09 | 5.37 |
| Book Value (Rs) | 2 | 2 | 1 | 1 |
| EPS (Rs) | 0.02 | 0.02 | 0.05 | 0.26 |
