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 |
