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| Name of Company | Polaris Software lab ltd |
| BSE Code | 532254 |
| NSE Code | POLARIS |
| ICICI Code | |
| Established | 1993 |
| My Take | Like |
| Headquarters | Chennai |
| Promoters | Arun Jain |
| Story | Mainly involved in financial services. It's product Intellect Suite is built on SOA. Developed banking software for Citibank. |
| Sector | IT |
| Sub-sector | Outsourcing, financial s/w product |
| Website | |
| Positives | Zero Debt. Around 1-2% dividend yield can be expected (company pay dividends twice a year sometimes). Near the 52 week low. |
| Negatives | Topline has not even doubled over the last 5 years. NPMs varying between 2-12%. 29% promoter shareholding. |
| Peers | |
| News | |
| Price @ blogged | 158 (14-Nov-10) |
| Cost of company | 1564 Cr market cap for a FY10 NP of 130 Cr which translates to 12 times, For a zero debt company with 730 Cr reserves, this seems cheap. Only downsides are unexpectable NPMs and low growth. |
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