Research and Markets (http://www.researchandmarkets.com/research/776f72/prithvi_informatio) has announced the addition of the "Prithvi Information Solutions Ltd – Emerging Full Service Provider" company profile to their offering.
Investment in Prithvi provides an opportunity to partner with a company which is uniquely positioned as a full service provider amongst the mid-cap Indian IT services companies through strong domain expertise across the high growth verticals of Telecom, Healthcare and Retail. The company is also diversifying its geographical presence through its foray into high growth regions such as India and Middle East. It has already announced a large order win in the Indian telecom space worth Rs 3.09bn from BSNL and has stepped up marketing efforts in the Middle East.
The company has been consistently increasing its offshore presence from 5% in FY’05 to 12% in 9MFY’08 through strengthening of execution capabilities by investing in R&D and plans to increase it to 18% by FY’09, which will drive expansion in margins. Prithvi’s strong order book of -Rs 6.7bn, plus a bid order pipeline of $250-300mn as on December 31, 2007 provides significant visibility to future growth. In spite of a robust business model and strong outlook for growth, the company is trading at TTM P/E of 3.4x (with cash as a percentage of market capitalization of 78%), compared to the peer group average of 11.0x, and therefore offers a value investing opportunity.
The report provides an in-depth analysis of the investment opportunity in the company through a detailed analysis of the business model, future growth drivers, financial performance, benchmarking of the operational & financial performance, and valuation ratios with the peer group and industry opportunity mapping.
Key Topics Covered:
Background and Business Overview
Investment Positives
Peer Group Benchmarking
- Operational Benchmarking
- Financial Comparison
- Valuation Comparison
Investment Risks
Business Analysis
Growth Plans and Drivers
Financial Analysis
Industry Opportunity Mapping
- Growing market with increased penetration in the domestic market
- Opportunities in the key focus areas of Prithvi
- US - The largest market for Prithvi
- Middle East - New Focus area for growth
Annexures
- Consolidated Profit & Loss Statement
- Consolidated Balance Sheet
- Consolidated Cash Flow Statement
- Key Ratios - Return Ratios, Turnover Ratios, Leverage Ratios
- Operational Performance
- Profile of Key Management Personnel
For more information visit http://www.researchandmarkets.com/research/776f72/prithvi_informatio
Contacts:
Laura Wood, Senior Manager
Fax from USA:
646-607-1907
Fax from rest of the world: +353-1-481-1716
press@researchandmarkets.com
