Geometrics software india
The increase in the onsite revenues in the fourth quarter was due to new onsite projects initiated during the quarter. This strategy seems to be paying off with Geometric entering into an arrangement with leading software companies. Geometric has made inroads in the US and plans to enter the Asian market soon.
All figures in Rs crore. The decline in the global PLM market due to reduced spending in the manufacturing sector also impacted the company. However, Geometric plans to focus on the PLM market and become an affordable solution provider through it partners. The company plans to focus on the services segment and has also plans to provide engineering services through its GBU and concentrate on Aero and Auto sectors. This would allow the company to provide end-to-end solutions in the PLM area.
Going ahead, the company expects products revenues to fall and this would have an impact on the topline of the company. However, the company has improved its operating margins due to better utilization and success of its partnership with its software vendors in the service segment. We expect better operating margins to have a positive impact on the bottomline in the long run although the immediate quarters may see a flat sequential growth.
We expect Geometric to close fiscal with consolidated revenues of Rs crore and net profit of Rs While Geometric Software operates in a niche area, which is significantly smaller than, generalized software services, its continued revenue and margin growth auger well for the future.
We believe that its strategy of tie-ups will continue to drive improvements in margins as a result of lowered marketing costs. Sushanto Mitra is the founder of Technology Capital Partners The views reflected here are of the author and not of this publication. No liability is accepted for losses based on the information presented here. BSNL recruitment is currently underway for new legal professional vacancies for which online applications…. AAI recruitment is currently being conducted for junior consultant and associate consultant vacancies available….
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Early-stage dealmaking hit a crescendo in Q4 Updated: Jan 13, , Budget ET NOW. The deal to acquire the core business segments such as engineering and product lifecycle management PLM of Geometric is a big positive for existing investors. All News Videos. Software services segment growing well: Geometric.
Taking steps to improve margins, full benefits to accrue by Q3: Manu Parpia, Geometric "Our expectation is that Q2 will see some amount of increase in our margins. But we will see the full benefit of these steps only by Q3. Pharma, tech stocks back in favour: Mehraboon Irani, Nirmal Bang Securities "When you see a correction or a fall in the market, you tend to think pharma stocks are back in favour.
Geometric Software is a good buy in IT stocks: Mehraboon Irani We have added another stock in the recent past called Geometric Software where valuations wise we see very attractive cash in the books.
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