532404

Saven Technologies Ltd

₹41.05

Saven Technologies Ltd Results Summary

Revenue
₹11.87Cr
Net Profits
₹0.13Cr
Net Profit Margins
1.1%

Highlights

Revenue:

Saven Technologies Ltd’s revenue fell -26.27% since last year same period to ₹11.87Cr in the Q4 2013-2014. On a quarterly growth basis, Saven Technologies Ltd has generated -36.25% fall in its revenue since last 3-months.

Net Profits:

Saven Technologies Ltd’s net profit fell -27.78% since last year same period to ₹0.13Cr in the Q4 2013-2014. On a quarterly growth basis, Saven Technologies Ltd has generated -74% fall in its net profits since last 3-months.

Net Profit Margins:

Saven Technologies Ltd’s net profit margin fell -2.04% since last year same period to 1.1% in the Q4 2013-2014. On a quarterly growth basis, Saven Technologies Ltd has generated -59.21% fall in its net profit margins since last 3-months.

Key Ratios

Key ratios of the Saven Technologies Ltd post its Q4 2013-2014 results

Earning Per Share (EPS)
2.32
Return on Equity (ROE)
24.48
Dividend Per Share (DPS)
2

Highlights

Earning Per Share (EPS):

Saven Technologies Ltd’s earning per share (EPS) fell -4.13% since last year same period to 2.32 in the Q4 2013-2014. This indicates that the Saven Technologies Ltd has generated -4.13% annual rate of fall in its earning per share (EPS) in the last 4 quarters.

Return On Equity (ROE):

The Return On Equity ratio indicates a company’s ability to turn equity capital received from shareholders into profits. ROE highlights the efficiency of equity capital in running the business. Generally, a return on equity in double digits is considered good. Saven Technologies Ltd’s return on equity (ROE) stands at 24.48.

Dividend Per Share (DPS):

Saven Technologies Ltd declared 2 dividend per share during the results announcement for Q2 2022-2023.

Company Information

Saven Technologies was initially incorporated as Pennar Infotech on 10th May 1993. It was originally promoted by Vijay N Rao and copromoted by Pennar Group. The present promoter of the company is Sridhar Chelikani.The company is into software development consultancy and training. In 199899 it setup a Sun Authorized Java Training Center. To undertake onsite software projects it has entered into Joint Ventures in USA and UK. Also various offshore projects in Visual Basic C VC smalltalk and java have been executed.Saven Technologies is coming out with a public issue of 36 lakhs equity shares of Rs 10/ each at par opening on 7th Dec. 2000. The company in order to expand its operations has planned to setup Software Development Centers in USA and UK. The offshore development center at Hyderabad is also being upgraded by infusing stateofthe art infrastructure. The Joint Venture in USA will be mainly focusing on ECommerce Application products in Finance and Trading. The total project cost is estimated to be Rs 7.59 cr.Presently the company is working in the area of wireless applications and is developing software for mobile phone dialing voice synthesis and activation. For its expertise in Visual Basic and its object orientation with COM and DCOM it has achieved the status of Microsoft Solution Provider.For the year ended Mar. 2000 the company earned a Net profit of Rs 1.15 cr on a Sales of Rs 6.95 cr and for Mar. 1999 it earned a Net Profit of Rs 0.80 cr on a sales of Rs 3.08 cr respectively.The performance of the company during the year 2001 was good when compared to the previous year performance.The company has taking effective steps to reduce the dependence on U S market and at the same time to diversify into new areas which could open new window of opportunities.A U K based Traning Partner Symbian Ltd has been selected by the company to provide training in developing products and applications for the Symbian wireless platform.This software products company owned by EricssonMatushitaMotorolaNokia and psionthe leaders in wireless industry.The company now focusses on wireless technologies and thrust on development of GSM network related wireless communication software and the company expects a very high degree of optimism.The company has made a joint ventures Saven Technologies U S and Penrillian Ltd U Kand these joint ventures will now focus on promoting and enhancing the Companys presence in areas such as Internet applicaitonClient Server TechnologyApplication MaintenanceEmbedded SystemsSystems Integration SoftwareOnsite/Offshore Development of Projects/ProductsWireless Technologies and other acitivites in the global market.The Share Capital of the company has increased to Rs.9.97 crores from Rs.2.54 crores.

Organisation
Saven Technologies Ltd
Headquarters
Hyderabad
Industry
IT - Software

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