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#IntellectDesignArena Q3 22 concall Highlights 🏦💻
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@NeilBahal
Financial Updates -
1. The Revenue for Q3 were up by 33% at 508 cr
2. The companies gross margins are at 60% and has increased 39% YoY
Like & retweet for better reach !
@NeilBahal
Financial Updates -
1. The Revenue for Q3 were up by 33% at 508 cr
2. The companies gross margins are at 60% and has increased 39% YoY
3. EBITDA margins stood at 26.2% grew at 37% YoY, PAT grew by 25% YoY
4. The ARR (Annual Recurring Revenue) stood ar 683 cr
5. The Collection in Q3 were 485 cr, Collection days / DSO stood at 129 days
6. The company has zero debt and cash stands at 431 cr as of Dec 21.
4. The ARR (Annual Recurring Revenue) stood ar 683 cr
5. The Collection in Q3 were 485 cr, Collection days / DSO stood at 129 days
6. The company has zero debt and cash stands at 431 cr as of Dec 21.
7. SaaS Subscription revenue is up by 113% YoY at 89 cr
8. Licenses revenue is up by 23% YoY at 112cr
9. AMC stood at 82 cr, grew 11% YoY
10. On YTD basis 57% of the revenues are license linked and 43% is Implementation revenue.
8. Licenses revenue is up by 23% YoY at 112cr
9. AMC stood at 82 cr, grew 11% YoY
10. On YTD basis 57% of the revenues are license linked and 43% is Implementation revenue.
Here is a thread on an Indian Software Product company which is competing with global companies and winning deals against them. Name of the company is Intellect Design Arena #IntellectDesignArena #IDA (1/n)
IDA was of part of the Polaris Consulting & Services Ltd., demerged and listed separately in 2014. Arun Jain, a serial entrepreneur who founded Nucleus software in 1986 and Polaris in 1993 (2/n)
After selling Polaris to Virtusha Corporation, shifted his complete focus to IDA. He has deep domain expertise in BFSI (Banking, Financial Service & Insurance) (3/n)
In next series of tweets, I will try to present a few key highlights on Indian Tech companies. Often I hear that people want to invest in US cuz India does not offer many product companies. It is mere illusion! Let's see where we go with this series
India started as IT outsourcing hub, grew in size, made lives of many. Remained predominantly services provider. It still is, but it is transforming too. Indian IT is no longer pure services provider.
IT companies usually build reusable software components that can be wrapped to make an accelerator - something that can accelerate a functionality implemented for a new customer. All major IT companies used to have high regards for accelerator building in the past.
