SAGARSOFT (INDIA) LTD (540143) - STOCK OF THE WEEK

Dear Investor friends,  Today I am expressing my view on one IT related stock

SAGARSOFT (INDIA) LTD (540143)

Sagarsoft (India) Limited is an India-based ISO 27000:2013 company mainly providing business solutions in technology (IT) services, consulting, technology and generation services. The principal business activity of the Company is software development and consultancy services.

Sagarsoft is Hyderabad based company incorporated in 1996, over the years company has grown significantly by adopting the technological changes. Today Sagarsoft has a good presence in the IT domain filed and a branches in USA also. 

Company's execution models includes agile execution approach, rapid prototype approach, waterfall model, Kanban methodology and V-model. Its delivery models include onsite and offshore. It is engaged in delivering critical applications targeted at Retail, Pharmaceutical, Entertainment, Utilities, Digital Marketing, Financial Services, E-Commerce, Information Technology and Insurance.

EXPERTISE / BUSSINESS SOLUTIONS

Mobility Solutions

Company is pioneer in developing mobile applications irrespective of preferred platform, be it android, iOS, WP7 or Blackberry. Company’s domain knowledge can help carve the right strategy for the most fruitful application life cycle pathway according to individual capabilities, investment preferences and choice of tools. Equipped with long range command over market dominant programming languages including Objective C, Dot NET and C#, Java, Ruby and HTML Frameworks, Sagarsoft have continually delivered applications that have achieved dominance on App Stores through superior performance and user experience design.

Enterprises Web Applications

 Sagarsoft is the market leader in Enterprise Web development, with broad domain expertise related to multiple industrial segments including top performing areas in processes executing Recruitment statistics, Employee Referral monitoring applications, Healthcare and Pharmaceutical marketing systems, sports community engagement systems, high end business analytics systems and novel advertisement solutions.

Social Media

Sagarsoft deliver performance optimized applications, fine-tuned to deliver value added features and function, engagement and unrestricted web dominance and growth to the 90th percentile. Company can work to meet the specific requirements related to community portals and applications custom designed to run on the Facebook platform and integrated to run with Twitter. Sagarsoft also specialize in branding and corporate social media application portfolios and social plugins targeted at a variety of niche social market segments.

Financial Analytics

Sagarsoft specializes in creating insight based automation transition and optimization of existing financial and accounting processes for guaranteed profitability and remarkable data assessment of new business opportunity. Company work with corporate financial information and processes to help systematically and transparently achieve much more than the existing financial goals.

Company website: Click here

FINANCIALS AND OUTLOOK

Company shares are trading in BSE.

Promoter holding: 51.91% as on sept qtr. (Increased from last qtr.)

Company posted 6.76 Cr top line in sept Qtr.

Net profit is 0.62 Cr bottom-line in sept Qtr.

Operating margins improved from last Qtr.

Debt free Company.

Virtually debt free company.

Stock is trading at Rs 55

PE is low as compared to industry and also from peers.

Company is mainly engaged in the business of software development in the latest technical segments. Companys mobile based applications are growing rapidly and this is the new orbit of the time which is a huge positive for the company.

Promoters have increased their stake in the company, which reflects the potential for future growth for the company.

Company is growing rapidly over the years and QOQ results have shown significant growth both in Topline and bottom-line.

Considering above company will do significantly better, and will give company’s investor handful returns in a days to come.

NOTE : THE ABOVE IS NOT A RESEARCH REPORT NOR A RECOMMENDATION  BUT INFORMATION AS AVAILABLE ON PUBLIC DOMAIN. 

Registration status with SEBI: I am not registered with SEBI under the (Research Analyst) regulations 2014 and as per clarifications provided by SEBI: “Any person who makes recommendation or offers an opinion concerning securities or public offers only through public media is not required to obtain registration as research analyst under RA Regulations”