Sector : Information Technology (Computer Softwares)
MCap : 364 Cr. EPS : 18.54 P/E : 12.76 Face Value : 10 Book Value : 34.06
Q1 Income : 22 Cr. (2010 - 53 Cr) PAT : 7 Cr (2010 - 18 Cr) EPS : 5.63 (2010 : 15) The company is works in the sector of training and education and has been delivering consistent performances.
The income,expense & PAT of the company for the past 4 years has been as follows :
Year | Income | Expense | PAT |
Mar'10 | 52.68 Cr | 26.58 Cr | 18.02 Cr |
Mar'09 | 8.58 Cr | 1.85 Cr | 3.69 Cr |
Mar'08 | 3.95 Cr | 0.52 Cr | 2.53 Cr |
Mar'07 | 0.18 Cr | 0.11 Cr | 0.01 cr |
Price Movement : The stock has a run up to the levels of 290 and has seen a fall to around 235 levels within a gap of a week. The stock has consolidated quite a bit.
Latest News is that the company has bagged a training deal from the Gujarat govt for a period 5 years. It also expects orders worth 100 Cr this year. This makes the company a value investment. Also the current listing of 'Career Point' and the euphoric response received by it can also add to its trigger.
"In the next 4-5 years we are looking to pitch in for 10 states to set up ITIs.... We are looking at a revenue of Rs 30-40 crores (300-400 million) per state," S Giridharan, chairman and chief executive officer said.
The increased government spending on these projects is likely to more than triple the compan's revenue in the current fiscal.
Giridharan sees the company's profits around Rs 40-45 crore on revenues of Rs 150 crore in FY11.
"We are looking at a growth of over 200% this year due to the several government engagements which is giving growth a huge boost," he added.
