Incorporated in 1994, Archana Software Ltd is a multifaceted company engaged in the trading of fabrics and the development of innovative software solutions. Over the years, it has built a reputation for its diverse business portfolio, combining traditional textile trading with modern technological advancements.
In this article, we’ll delve into everything about Archana Software Ltd, exploring its history, business operations, financial performance, and prospects. Join us as we uncover the journey and growth of this unique company operating at the intersection of fabrics and software development.
Archana Software Ltd boasts a comprehensive product portfolio designed to meet diverse business needs. Their offerings include Accounts with Inventory Management Software, Resort and Hotel Management Software, and Human Resource Management Software, each tailored to streamline operations and enhance efficiency. In the realm of services, the company provides robust IT Services, including Enterprise Business Solutions, Extended Enterprise Solutions, Infrastructure Management Services, and Testing. Additionally, Archana Software Ltd excels in IT Enabled Services (ITES), such as Call Centers, Electronic Publishing, Portals, and ERP solutions. Beyond its technological ventures, the company is also active in wholesale textile trading, demonstrating its versatility and broad market reach.
Despite its extensive range of products and services, Archana Software Ltd has encountered significant financial hurdles in recent years. The company has been grappling with recurring losses, which have led to a substantial erosion of its net worth. Recognizing the gravity of the situation, the management has been proactive in implementing strategies aimed at revitalizing the business. These efforts focus on optimizing current operations and seeking new avenues for growth, intending to reverse the trend of losses and set the company on a path to sustained profitability. Through these concerted efforts, Archana Software Ltd aims to overcome its financial challenges and achieve long-term success.
Q4 Financial Summary for Popees Care
- The company recorded no sales for the entire quarter.
- Total expenses surged to Rs. 2.70 crores, marking a significant increase from previous quarters.
- Operating profit registered a substantial loss of Rs. 2.70 crores, consistent with the rise in expenses.
- No other income was generated during this period.
- There were no interest expenses recorded.
- No depreciation costs were incurred.
- The company reported a pre-tax loss of Rs. 2.70 crores.
- The tax rate was recorded at 12.96%.
- The net loss stood at Rs. 2.35 crores for the quarter.
- Earnings per share (EPS) were at a negative Rs. 3.87, reflecting the incurred losses.
Below are the trading platforms that you can use to purchase Popees Care shares:
➤ Zerodha
➤ Upstox
➤ Groww
➤ AngelOne
➤ ICICIDirect
| When | Maximum Price | Minimum Price |
| June 2024 | 111.24 | 96.73 |
| July 2024 | 110.13 | 95.76 |
| August 2024 | 114.53 | 99.59 |
| September 2024 | 119.11 | 103.58 |
| October 2024 | 116.78 | 101.55 |
| November 2024 | 120.28 | 104.59 |
| December 2024 | 123.29 | 107.21 |
Popees Care, with a market cap of ₹62.4 Cr. and a current price of ₹103 as of June 25, 2024, has projected share price targets ranging from a minimum of ₹96.73 in June to a maximum of ₹123.29 by December 2024. Despite these projections, the company faces significant financial challenges. The stock’s high/low range is ₹148/₹3.00, with a negative book value of ₹-0.38.
The company has a stock P/E, a dividend yield of 0.00%, an ROCE of -279%, and an ROE of -247%, reflecting substantial financial difficulties. The face value of the stock stands at ₹10.0.
| When | Maximum Price | Minimum Price |
| January 2025 | 125.75 | 96.73 |
| February 2025 | 128.98 | 99.21 |
| March 2025 | 134.01 | 103.08 |
| April 2025 | 131.38 | 101.06 |
| May 2025 | 127.55 | 98.12 |
| June 2025 | 133.29 | 102.53 |
| July 2025 | 130.68 | 100.52 |
| August 2025 | 134.72 | 103.63 |
| September 2025 | 139.44 | 107.26 |
| October 2025 | 143.06 | 110.05 |
| November 2025 | 146.64 | 112.80 |
| December 2025 | 150.31 | 115.62 |
Popees Care anticipates significant fluctuations in its share price throughout 2025, with projected targets ranging from a minimum of ₹96.73 in January to a maximum of ₹150.31 by December.
The company’s revenue in FY22 was exclusively derived from the sale of fabric and other sources. Despite these optimistic projections, Popees Care faces substantial financial challenges, reflected in its negative financial metrics such as a negative book value, non-existent dividend yield, and deeply negative return on capital employed (ROCE) and return on equity (ROE). These factors underscore the company’s efforts to stabilize its financial performance and regain investor confidence amid volatile market conditions.
| When | Maximum Price | Minimum Price |
| January 2026 | 154.82 | 119.09 |
| February 2026 | 158.79 | 122.14 |
| March 2026 | 164.98 | 126.91 |
| April 2026 | 161.74 | 124.42 |
| May 2026 | 157.03 | 120.79 |
| June 2026 | 164.10 | 126.23 |
| July 2026 | 160.88 | 123.75 |
| August 2026 | 165.86 | 127.58 |
| September 2026 | 171.66 | 132.05 |
| October 2026 | 176.12 | 135.48 |
| November 2026 | 180.53 | 138.87 |
| December 2026 | 185.04 | 142.34 |
In 2026, Popees Care’s share price targets demonstrate a bullish trend, with projected maximum prices reaching up to ₹185.04 in December and minimum prices starting at ₹119.09 in January.
The company made an open offer on July 10th, 2023, aimed at acquiring 15,77,342 equity shares of Archana Software Limited for Rs. 59,62,353, representing 21.61% of the total voting share capital. These initiatives reflect Popees Care’s strategic efforts to expand its market presence and enhance shareholder value amidst fluctuating market conditions. As the company continues to navigate these dynamics, investors will monitor its performance closely to gauge its ability to sustain growth and profitability over the coming year.
| When | Maximum Price | Minimum Price |
| January 2027 | 188.74 | 145.19 |
| February 2027 | 193.58 | 148.91 |
| March 2027 | 201.13 | 154.72 |
| April 2027 | 197.19 | 151.68 |
| May 2027 | 191.44 | 147.26 |
| June 2027 | 200.06 | 153.89 |
| July 2027 | 196.14 | 150.87 |
| August 2027 | 202.20 | 155.54 |
| September 2027 | 209.28 | 160.98 |
| October 2027 | 214.72 | 165.17 |
| November 2027 | 220.09 | 169.30 |
| December 2027 | 225.59 | 173.53 |
Popees Care’s share price targets for 2027 indicate a robust upward trajectory, with projected maximum prices climbing to ₹225.59 by December and minimum prices starting at ₹145.19 in January. The company underwent a change in auditors on September 22nd, 2022, when M/s. GKP Associates resigned as statutory auditors and were succeeded by M/s. N Raja and Associates. This change reflects Popees Care’s commitment to maintaining rigorous financial oversight and transparency.
As the company gears up for potentially significant stock price movements in the coming year, stakeholders will monitor its financial performance and strategic initiatives closely to assess its ability to capitalize on market opportunities and sustain growth.
| When | Maximum Price | Minimum Price |
| January 2028 | 230.10 | 177.00 |
| February 2028 | 236.00 | 181.54 |
| March 2028 | 245.21 | 188.62 |
| April 2028 | 240.40 | 184.92 |
| May 2028 | 233.40 | 179.54 |
| June 2028 | 243.90 | 187.62 |
| July 2028 | 239.12 | 183.94 |
| August 2028 | 246.51 | 189.63 |
| September 2028 | 255.14 | 196.26 |
| October 2028 | 261.77 | 201.36 |
| November 2028 | 268.32 | 206.40 |
| December 2028 | 275.03 | 211.56 |
- January 2028: ₹177.00 (Minimum)
- December 2028: ₹275.03 (Maximum)
| When | Maximum Price | Minimum Price |
| January 2029 | 280.53 | 215.79 |
| February 2029 | 287.72 | 221.32 |
| March 2029 | 298.94 | 229.95 |
| April 2029 | 293.08 | 225.45 |
| May 2029 | 284.54 | 218.88 |
| June 2029 | 297.35 | 228.73 |
| July 2029 | 291.52 | 224.24 |
| August 2029 | 300.53 | 231.18 |
| September 2029 | 311.05 | 239.27 |
| October 2029 | 319.14 | 245.49 |
| November 2029 | 327.12 | 251.63 |
| December 2029 | 335.30 | 257.92 |
- January 2029: ₹215.79(Minimum)
- December 2029: ₹335.30 (Maximum)
| When | Maximum Price | Minimum Price |
| January 2030 | 342.00 | 263.08 |
| February 2030 | 350.77 | 269.82 |
| March 2030 | 364.45 | 280.35 |
| April 2030 | 357.31 | 274.85 |
| May 2030 | 346.90 | 266.84 |
| June 2030 | 362.51 | 278.85 |
| July 2030 | 355.40 | 273.39 |
| August 2030 | 366.39 | 281.84 |
| September 2030 | 379.22 | 291.70 |
| October 2030 | 389.08 | 299.29 |
| November 2030 | 398.80 | 306.77 |
| December 2030 | 408.77 | 314.44 |
- January 2030: ₹263.08 (Minimum)
- December 2030: ₹408.77 (Maximum)
Financial Condition of Popees Care: Last 5 Years
| Financials | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|
| Sales (Rs. Crores) | 0.87 | 1.29 | 0.15 | 0.00 | 0.00 | 0.00 |
| Expenses (Rs. Crores) | 0.86 | 1.31 | 0.25 | 0.14 | 0.12 | 2.80 |
| Operating Profit (Rs. Crores) | 0.01 | -0.02 | -0.10 | -0.14 | -0.12 | -2.80 |
| Net Profit (Rs. Crores) | 0.01 | -0.02 | -0.10 | -0.14 | -0.12 | -2.45 |
| EPS (Rs.) | 0.02 | -0.03 | -0.16 | -0.23 | -0.20 | -4.04 |
Popees Care has navigated a turbulent financial path over the last five years, marked by erratic sales and persistent profitability challenges. Sales peaked at Rs. 1.29 crores in 2020 but declined sharply thereafter, reaching negligible levels by 2024. Operating profits, marginally positive in 2019, turned negative in subsequent years, culminating in a significant loss of Rs. 2.80 crores in 2024. Net profits followed a similar downward trend, reflecting ongoing difficulties in achieving profitability.
Earnings per Share (EPS) plummeted from Rs. 0.02 in 2019 to a loss of Rs. 4.04 by 2024, illustrating diminishing shareholder value. Compounded annual growth rates (CAGR) for both sales and profits have been negative, exacerbated by a volatile stock price with speculative swings rather than sustained growth. Return on Equity (ROE) remained persistently negative, underscoring challenges in utilizing equity effectively. Popees Care must now focus on strategic initiatives like cost management and revenue diversification to stabilize and rebuild amid these financial struggles.
FAQs
What is Popees Care’s current market capitalization?
Popees Care currently holds a market capitalization of ₹62.4 crores.
Popees Care’s share price for 2024 is anticipated to fluctuate between ₹96.73 (minimum) and ₹123.29 (maximum).
Popees Care expects its share price to vary from ₹96.73 (minimum) to ₹150.31 (maximum) in 2025.
Looking ahead, Popees Care projects its share price to range between ₹263.08 (minimum) and ₹408.77 (maximum) by 2030.
What is Popees Care’s current Price-to-Earnings (P/E) ratio?
Popees Care’s P/E ratio is not available currently due to its negative earnings.
At present, Popees Care does not distribute dividends, resulting in a dividend yield of 0.00%.
What was Popees Care’s Return on Equity (ROE) for the latest fiscal year?
Popees Care reported a ROE of -247% for its latest fiscal year.
How has Popees Care’s revenue performance been over recent years?
Popees Care has experienced a decline in revenue, from ₹1.29 crores in 2020 to negligible levels by 2024.
What has been the historical growth rate of Popees Care’s stock price?
Over the past decade, Popees Care has demonstrated a compound annual growth rate (CAGR) of 62% in its stock price.
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Conclusion: Assessing Investment Potential in Popees Care for 2024
Investing in Popees Care in 2024 presents a complex decision due to several critical factors. On one hand, the company shows promising potential with projected share price targets ranging from ₹96.73 to ₹123.29 for the year, and even more optimistic figures going forward, indicating potential for substantial capital appreciation. Moreover, Popees Care is nearly debt-free, which is generally a positive indicator for financial stability and management discipline.
However, several significant concerns must be carefully considered. The company’s financial health has been deteriorating, evidenced by consistent losses and negligible revenues in recent years. Its negative return on equity (ROE) of -247% highlights inefficiencies in capital utilization and suggests significant challenges in generating returns for shareholders. Furthermore, with a low promoter holding of only 21.6%, there may be concerns about alignment of interests between management and shareholders.
Moreover, Popees Care has a low interest coverage ratio, which raises questions about its ability to service debt obligations if it were to take on additional borrowing in the future.
In conclusion, while Popees Care shows potential for stock price appreciation, especially with its ambitious growth projections, potential investors must weigh these against substantial financial risks and governance concerns. It would be advisable for investors to exercise caution and conduct thorough due diligence before considering an investment in Popees Care, focusing particularly on its strategies to improve profitability and strengthen financial metrics in the face of its current challenges.
What did we learn?
- 1 Archana Software Ltd: Navigating Challenges with Innovation and Diversification
- 2 Q4 Financial Summary for Popees Care
- 3 How to Buy Popees Care Shares in India?
- 4 Popees Care Share Price Prediction: 2024 To 2030
- 5 Financial Condition of Popees Care: Last 5 Years
- 6 FAQs
- 6.1 What is Popees Care’s current market capitalization?
- 6.2 What is Popees Care’s projected share price range for 2024?
- 6.3 What is Popees Care’s anticipated share price range for 2025?
- 6.4 What is Popees Care’s estimated share price range for 2030?
- 6.5 What is Popees Care’s current Price-to-Earnings (P/E) ratio?
- 6.6 Does Popees Care pay dividends to its shareholders?
- 6.7 What was Popees Care’s Return on Equity (ROE) for the latest fiscal year?
- 6.8 How has Popees Care’s revenue performance been over recent years?
- 6.9 What has been the historical growth rate of Popees Care’s stock price?
- 7 Conclusion: Assessing Investment Potential in Popees Care for 2024
