Geometric Ltd

Geometric Ltd
IT Consulting & Software
FV – Rs 2; 52wks H/L – 207/101; TTQ – 69000; CMP (December 18, 2015)– Rs 175.5;

Market Cap – Rs 1138 Crs

Consolidated Financials and Valuations for H1FY16 (Amt in Rs.Crs unless specified)


Equity
Capital
Net worth
Long Term
Debt*
Total
Sales		 PAT
BV
(Rs)
TTM
EPS (Rs)
TTM
P/E
Industry
P/E
P/BV
Promoter’s
Stake
Beta
12.93 434 – 606 42 67 9.61 18.26 21.04 2.62 38.03 0.77

*Virtually debt free.

Consolidated Financials and Valuations for FY15 (Amt in Rs.Crs unless specified)


Equity Capital
Net worth
Long Term
Debt
Total
Sales		 PAT
BV
(Rs)
EPS
(Rs)
P/E
P/BV
12.89 407 – 1125 55.2 63 8.6 20.41 2.79

 

Key Updates:

  • Launched a next generation collaboration solution, Geometric EDGE® to enable design and engineering data exchange between OEMs, partners, and joint ventures for global engineering.
  • Alliance with PDTec, a leading provider of software and services for enterprise wide collaboration in product development.
  • Signed a multi-million multi-year PLM engagement with a leading Oil & Gas technology company.
  • Entered into a contract for next generation CAx solution for a manufacturer of orthodontic solutions in North America.
  • Won a manufacturing engineering deal with a key robotics and factory automation tools manufacturer.
  • Awarded a PLM services project with a leading Aerospace player in Europe.
  • Signed an engineering services project with a leading North American Automotive OEM.
  • The order book comprises of USD 12.14 Million as of Q2 16.

Overview:
Geometric is a specialist in the domain of engineering solutions, services and technologies. Its portfolio of Global Engineering services, Product Lifecycle Management (PLM) solutions, Embedded System solutions, and Digital Technology solutions enables companies to formulate, implement, and execute global engineering and manufacturing strategies aimed at achieving greater efficiencies in the product realization lifecycle. Listed on the Bombay and National stock exchanges in India, the company recorded consolidated revenues of Rupees 11.05 billion (US Dollars 180.61 million) for the year ended March 2015. It employs over 4800 people across 13 global delivery locations in the US, France, Germany, Romania, India, and China. Geometric has been assessed at Maturity Level 3 for CMMI 1.3- Development and CMMI 1.3-Services for its Software and Engineering Services business units and is ISO 9001:2008 certified for engineering operations. The company’s operations are also ISO 27001:2005 certified

Bulk Deals:

Deal Date Client Name Deal Type Quantity Price (Rs.)
20-Sep-12 Credit Suisse (Singapore) Ltd S 2826250 106
20-Sep-12 Rakesh Jhunjhunwala P 2826250 106
14-May-12 Rakesh Jhunjhunwala P 496000 62.51
06-Jul-10 The Royal Bank Of Scotland P 2800000 73.65
06-Jul-10 Daivi Venture S 2800000 73.65
10-Feb-10 Alchemy India Long Term Fund Ltd S 755268 61.04
10-Feb-10 Godrej Investments Ltd P 749534 61

 

Management:

  • Manu Parpia – MD & CEO
  • Shashank Patkar – CFO

Shareholding Pattern as on September 30, 2015
The Equity Capital is @ Rs. 12.89 Crs consisting of 64667646 Equity Shares of FV Rs 2 currently held 

None of the promoters’ holding is pledged

Major Non-Promoter Holdings:

Sr.No Non – Promoters No. of Shares held % of shares held
1 Rakesh Radheshyam Jhunjhunwala 8211250 12.7
2 Rekha Jhunjhunwala 990000 1.53
3 Rakesh Radheshyam Jhunjhunwala 3000000 4.64
  Total 12201250 18.87

 

Consolidated Financial Trend ~ Amt in Rs. Crs

Particulars FY15 FY14 FY13 FY12 FY11
Equity Paid Up 12.89 12.7 12.6 12.5 12.5
Networth 407 335 263 187 205
Total Debt 58 37 28 67 4
Net Sales 1125 1109 1037 824 644
Other Income 20 14 17 16 24
PAT 55.2 46 69 59 58
Book Value (Rs) 63 53 42 30 33
EPS (Rs) 8.6 7.2 11.0 9.4 9.3