Expleo Solutions (Earlier: SQS India BFSI) - A niche Small Cap Value Pick

Last Concall was again so disappointing

No clue on reaching 10000 employees
The sharing of revenue is not favourable
Client book depleting

Only consolidation and efficiencies is what we are playing here ?

Or we have something larger which can come up for this ??

Invested

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since 2013 the thread created, from mere 19 cr profit has reached to 133 cr level. Heard from Madhusudan Kela sir the next decade theme is for cyber security along with AI, carbon neutrality. Kindly share some reports in detail to study about this co. Is this co a green shot with respect to

  • Sasken
  • TATA Elexi
  • Quick Heal Technologies
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CFO to EBITDA is pretty low for this company and it is very inconsistent across the years. Can anyone explain why?

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