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Stampede Capital Ltd

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Stampede Capital Ltd

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:

  1. Long Term Debt to Equity – Nil
  2. ROE % – 47
  3. 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:

  1. Stampede Cloud Services Pvt Ltd (Indian Subsidiary)
  2. Stampede Financials Pte Ltd (Foreign Subsidiary)
  3. *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 :

  1. Aggregating the Data Flows is with the lowest latencies.
  2. Global connectivity is in Order Routing with the shortest path routing.
  3. In-house SDE’s [Stochastic Differential Equations] for controlling Asymmetric flows. [Inventory Control].
  4. Parallel processing of the flows is into a Giant Global Vector Matrix. [GPU and Parallel Processing Power].
  5. 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

 

 

 

 

 

 

 

 

 

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