| Name of Company | Infotech Enterprises Ltd. |
| BSE Code | 532175 |
| NSE Code | INFOTECENT |
| ICICI Code | INDBEV |
| Established | 1991 |
| My Take | Like |
| Headquarters | Hyderabad |
| Promoters | BVR Mohan reddy. General Atlantic (VC) has a major stake at 15% and also has Abhay Havaldar on the board. |
| Story | Engineering focused IT solutions – Aerospace, Consumer, Energy, medical, Heavy equipment, rail, Semiconductor, telecom. 8000 associates working for this company. Clients include 22 Fortune 500 clients. 30+ offices around the world. |
| Sector | Computers software |
| Sub-sector | Engineering vertical |
| Website | http://www.infotech-enterprises.com |
| Positives | Zero debt. Good NPM, reasonable growth. Very good reserves. Regular dividend payer (yield < 1%). |
| Negatives | Low promoter stake at 22% (pledging by K Basi Reddy – minor stake). |
| Peers | |
| News | |
| Price @ blogged | 156.5 (04-May-11) |
| Cost of company | 1741.85 Cr market cap for a 117.88 Cr NP in FY ending Mar ' 11 makes it 14.77 times. This is for a company with 0 Cr debt and 776.09 Cr reserves |
| Group | Fast growers |
| Growth | Revenue has steadily grown from 344 Cr to 647 Cr from FY07 to FY11 (5 years). Net profit as well has increased from 67 to 118 Cr in the same period. NPMs have been around 12 to 20%. |
May 8, 2011
Infotech Enterprises Ltd - 532175
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