ABM Knowledgeware Ltd

ABM Knowledgeware Ltd (531161)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return13.55 %
3 Month Return42.2 %
1 Year Return-10.94 %

Company Financials

  • Quarterly
  • Annual
Value in ₹ crore

Peer Comparsion

Rank 56
Rank 66
Rank 47
Dividend Yield
Rank 37
Rank 92
Price To Book Ratio
Rank 41
Debt To Asset
Rank 176

Company Information

ABM Knowledgeware Ltd is an information technology company in India. The company is engaged in providing software development services and sale of computers and peripherals. Their products include ABM MaiNet ABM CARE ABM MOIS and CRM for power distribution utilities.The company business focuses on providing eGovernance solutions to municipal bodies CRM solution for electricity distribution companies and automation of billing accounting and collection for water distribution authorities. Their services include IT enabling citizen services grievances management document journey and pendencies monitoring water billing and accounting software and ERP.ABM Knowledgeware Ltd was incorporated in the year 1993 as a private limited company under the name Evergo Capital Markets India Pvt Ltd. In February 1994 the company was converted into a public limited company and they changed their name to Evergo Capital Markets India Ltd.In the year 1996 the company made an initial public issue of 55 lakh equity shares having a face value of Rs 10 each. In the year 1997 they changed their name from Evergo Capital Markets I Ltd to Evergo Capital Ltd. In the year 1998 the company made a strategic decision to focus on Software and Services business for EGovernance in the domestic market. As per the scheme of amalgamation the company acquired the business assets and liabilities of ABM Knowledgeware Ltd Mumbai formerly known as Advent Business Machines Ltd with effect from April 1 1999.During the year 20002001 the nature of the business had been changed from Non Banking Finance Company to Information Technology and they changed their name from Evergo Capital Ltd to ABM Knowledgeware Ltd.In the year 2003 the company launched ABM MAINet in Kalyan Dombivili Municipal Corporation as the first comprehensive egovernance solution for Urban Local Bodies in India. In February 2003 they were awarded Skoch Challenger Award for the best eGovernance Project in India by Skoch Consultancy for KDMC Project. In September 2004 the company was also awarded prestigious CAPAM Certificate of Achievement award in Singapore by the Commonwealth Association for Public Administration and Management for The companys MAINet.In the year 2005 the company entered into Middle East Market through contract for ABM ERP for a premier office in the UAE. They also entered into North India through a major order for complete automation for Engineering Dept of Municipal Corporation of Delhi. During the year the company entered into Consumer Relationship Management CRM Space for Power Sector through a large order for ABM CFC and standardization of ABM CFC by a leading Electricity Distribution Company. They also received award of the Best Technical Company in egovernance adjudged by IIT Delhi Ministry of Information Technology Govt of India and CSI.In September 2006 the company entered into SAP ERP business by bagging multi milliondollar order for Implementation of SAP in MCGM in consortium with SAP a reputed Systems Integrator. In December 2007 the company won the prestigious Wisitex India Urban Development Lead Organization of the Year Information Technology award conferred by Minister Urban Development Government of Goa. In April 2008 they also won the JMCCI National Level Entrepreneurship Award.In December 2008 the company bagged an egovernment contract for Rs 1.16 billion by Municipal Corporation of Greater Mumbai. The work involves supply of SAP licenses implementation of SAP payroll for employees of MCGM and providing SAP change management support until the year 2011.
OrganisationABM Knowledgeware Ltd
IndustryIT - Software