Bhagyanagar India (31.00) :- Including its subsidiaries, boasts of having around 175 acre of land bank valued at more than Rs 600 cr. It includes 25 acres of prime land in Gachibowli area Hyderabad , 50 acres in SEZ, Chennai, 25 acres near new Hyderabad airport etc. To ride the boom, company has aggressively forayed into real estate development, focusing mainly on housing and construction of IT Parks, SEZ etc. Recently, it has formed a SPV along with IL&FS Infrastructure for undertaking, various infrastructure and entertainment projects such as theme parks, special economic zone, industrial parks etc on a large scale basis. On the other hand, it has successfully commissioned the wind power project with an installed capacity of 9 MW in Karnataka last fiscal. At the same time its traditional copper & telecom products business is doing okay. Notably, of late company has formed a joint venture with group company for setting up of solar photo voltaic cell and module project and has even been allotted 25 acres of land in the Fab City, Hyderabad. Although promoters are shaddy, but being an operater driven scrip it has potential to give handsome return from here on.
FCS SOFTWARE SOLUTIONS LTD (Rs 96.00) (Code : 532666) FCS has been managing IT Consulting Services, E-Learning and Digital Content Management, Application Helpdesk and Infrastructure Management Services for its 118 clients since 14 years. With over 900 employees, company has development centres in Delhi, Chandigarh, Chennai and Dheradun. Its top 10 clients contribute 40% of total revenues. Average order size of 10 clients is USD 1.50 mn each. Its main clients include GE, Canon, AIG, Merck, Parker, Dominos etc. Segment wise revenue contribution is as under: Application Support (10%) E Learning (25%), Infrastrucuture (10%), IT Consulting (55%) Company has been paying 25% dividend has been growing almost 30% CAGR. FCS Scope of Work can include: 1. Outline the solution and definte the solution architecture 2. Develop prototypes for demos to users 3. Design, Build and Validate solution against requirements 4. Rolling out solution across the organisation 5. Continuous support for the solution
APPLICATION PORTFOLIO MANAGEMENT :- FCS wokrs with clients to maintain their IT Application on T&M basis or FPFT basis. FCS replicates application environment based on project needs or will use secure VPN connections to directly log in client servers, Set Centres of Excellence to leverage talent skilled in a set of specific technologies and domains and set up Lab Model for temporary deployment of resources for one time knd of work. IT Consulting aer one of the stable revenue generators for FCS which contributed 81.88 cr revenues in 06-07, with revenues of 19.73 lacs per employee and generated Net Margin of 11.39 cr
INFRASTRUCTURE MANAGEMENT SERVICES :- It includes Data Centre management, Network management, Technical support, Infrastructure consulting and Application Operations support. In 06-07, it generated revenues of 15.88 crs with revenues of 31.15 lacs per employee and NET margin of 5.07 crs. E-Learning Services :- This division builds AICC/SCORM compliant
multimedia and multi-lingual content, Learning Management Systems, Learning Content Management Systems and Assessment Engines to manage all corporate training needs: Focused on training programs for employees, partners and End users Training portals, LMS platform Consistent Training means Consistent services Company deployes ADDIE methodology to build state of art training programs that dont become obsolete. In 2006-07, this division contributed 38.39 cr worth revenues and Net margin of 6.90 crs. Revnues generation per employee was Rs 18.28 lacs Stock is trading at : 1. 4.15XFY08E EPS, 2. 3.26XFY09E EPS With established track-record of this dividend paying company, valuations deserve to be much higher. Perhaps this is the cheapest stock in mid-cap IT Segment. Company is issuing 25 lac warrants to some big investors. Share price is likely to appreciate minimum 50% in next 6 months and can even double in 12 months if markets are stable without panic situation. Investment strongly recommended.
multimedia and multi-lingual content, Learning Management Systems, Learning Content Management Systems and Assessment Engines to manage all corporate training needs: Focused on training programs for employees, partners and End users Training portals, LMS platform Consistent Training means Consistent services Company deployes ADDIE methodology to build state of art training programs that dont become obsolete. In 2006-07, this division contributed 38.39 cr worth revenues and Net margin of 6.90 crs. Revnues generation per employee was Rs 18.28 lacs Stock is trading at : 1. 4.15XFY08E EPS, 2. 3.26XFY09E EPS With established track-record of this dividend paying company, valuations deserve to be much higher. Perhaps this is the cheapest stock in mid-cap IT Segment. Company is issuing 25 lac warrants to some big investors. Share price is likely to appreciate minimum 50% in next 6 months and can even double in 12 months if markets are stable without panic situation. Investment strongly recommended.
Source: internet (Smart Investment)
