Infobeans technologies (NSE SME listed) to be a good fundamental value pick. It’s continuous growth story.
It’s current mcap is around 170 crore and free float mcap is around 45 crore. (market price is 70 rs).
Promotore holding is 74%. It’s ipo price was 58.
Effectiviely company has cash and equivalents of 78 crore.
InfoBeans Technologies Ltd (ITL) is engaged in software development services, specializing in business application development for web and mobile and operate at Capability Maturity Model Integration (CMMI) level 3. ITL services can be broadly categorized as storage; Virtualization, Media & Publishing and eCommerce. In India it operates out of 2 facilities in Indore and Pune employing more than 600 people across locations. As the company has prominence in exports, it has established local presence in the North American market by way of a 100% subsidiary, which has 2 offices located in California Georgia, USA. ITL is ServiceNow partner for implementing their software
This company is listed on NSE SME. It’s CAGR is >20% in last 5 year.
Investor Presentation (after Q3 Dec 2018)
Investor Presentation Q3-Dec 18.pdf (3.1 MB)
company has presence in north america, europe and dubai market.
It’s topline increased 23 crore to 100 crore in last 5 year
it’s virtual debt free company.
Disc. Initial entry into the stock at around 60 rs. invested.