Thread by @tycoonmindset05

Saksoft Ltd. Player in computer programming business conducted their conference call today at 11:00 am.

" Addressing sweep digitisation to attain enhance Operational efficiency. "

Here are the key takeaways 😁😁...

Business report
- With strong yearly report, company is positive for future outlook.

- They are doing their best to have a strong team for a scalable sustainable growth.

- Previous M&As done by Company has enhanced their competence to perform their key business efficiently.

- Company has done its best to make sure it's employees are doing well.

- They are still paying salary to the employees who are no more with us.

- They have growth 8% but they accept it is less and will do better to make changes and grow.

- They will hire more and more people in sales and other departments for future business push.

- For business, if they can solve their growth problem in times to come, they will enter into different league as a whole.

Geography breakup
- Company has great presence in USA, Europe and other APAC as well.

- During this period There has been strong demand from Europe.

- Company is more inclined towards more off shore business.

- Company has been able to add two new major clients to their client portfolio with revenue generation capacity of 0.5 to 1 mill dollars.

- Currently they has good client base across different industries like healthcare, Fin-tech, Logistics and many more.

- In which Telecommunication and Fin-tech contribute around 50% of total revenue.

- They are doing best to great better opportunity in key areas.

- Focus on niche areas are also done along side, They knew that they hadn't grown fast and expects to cover that up.

- Company had faced issues in past to add clients, growth has come from growing existing customers.

- there has been 25% growth in telecommunication.

- Their has been a decline in Fin-tech business during this year.

- The Company will do more spending in sales part for better business opportunity.

- BSFI de-growth had been difficult for them as their largest client has opened up an captive in india.

- Company has target market of clients 100 million plus , there is no auction system.

- There has been shift in doing MnA for cash management to growth in scale and size.

- Company has strong hold in us logistics business and expect more from it.

Products
- They have strong service portfolio from conducting software product engineering, Analytics to automation and support services which ever suits for the clients.

- Most of work is done on azure and not on Hana or Oracle for services on cloud.

Financials
- Company has grown its revenue at 7% YoY.

- They have a short fall in their EBITDA margins compare to last year.

- Increase of around 18% has been seen in their Pat levels.

- During this period company has made a grand Increase in its cash position to 90 cr.

- They are able to maintain and grow is dividend on steady basis.

- Margins has been stable for business due to good support from its telecommunications business segment.

- Currency change has impacted business by 3%.

- Company has 5 lakh share in Espo trust, it's relevance has lost, this will be used to bring a float in stock for upcoming period.

- No updates given for buyback, they will do it through proper routes.

- Accretion of 25% is been expected by company which is equal to industry.

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