CyberTech Systems and Software Limited : Ray of Hope

CyberTech Systems and Software Limited: 

BSE CODE: 532173
Market Price: Rs. 42
Market Cap Rs.108 Crore
FY 2014 Sales: 73 Crore

        It was in the early 2000s so  called IT bubble time, Cyber Tech Systems was one of the hot picks from the mid-cap IT space and touched a life time high of Rs. 1500.  Then, the IT spirits vapour, this stock too fell into the bear grip like other so many small IT companies. But, almost after one and a half decade, now the company introducing new product, entering new tie-ups for technology partners and sets up new facilities, We feel this company is going to write another success story. 

      CyberTech is a global information technology company specialises in next generation Geospatial, networking and enterprise solutions. Company's services span across all major industries including Govt, education,utilities, defence, telecom,retail and healthcare. 

    CyberTech having strong technology and business partnership with global IT leaders including Microsoft, ESRI, SAP and CISCO.  ESRI is the world leader in the Geospatial information and software segment. SAP is the third largest software development company in the world. Cybertech has now a major player in the area of mapping solutions and geospatial application were as the company is going to focus in the future. 

     On March 2014, CyberTech inaugurated new four-storied 25000 Sq.feet Geospatial center of excellence named "CyberTech House". This new facility is India's first private Geospatial technology centre  having a  seating capacity of 250 engineers.

     After a tough competition from  over 1000  national and international IT companies CyberTech receives the "Skotch Order of Merit" in the 37th skoch summit on "Minimum Government, Maximum Governance" held at the India habitat centre, New Delhi on 19-20th September 2014. CyberTech’s selection for this ‘Order of Merit’ speaks volumes for the customer acceptance and quality of its GeoCivic® solution. It is a reflection of the success that CyberTech has had at building market-driven solutions on leading Esri technologies.

       The company's financial performance also showing  steady improvement. For the trailing twelve month period ended June 2014, the company reported a sales income of Rs. 68 crore and EPS of Rs. 4.1. Going forward, financial performance  are expected to jump as the company introduce new products and services, technology tie-up and new recruitment. We feel the stock will have the potential to be a Multi-bagger in the medium term.

Disclaimer:  I/My dependants have no investment in the above mentioned stock.