Tyche Industries Ltd

Tyche Industries Ltd (532384)


Key Stats

Day's Price Range
52-Week Price Range
1 Month Return-11.47 %
3 Month Return10.95 %
1 Year Return-40.23 %

Company Financials

  • Annual
Value in ₹ crore

Peer Comparsion

Rank 299
Rank 303
Rank 326
Dividend Yield
Rank 177
Rank 275
Price To Book Ratio
Rank 262
Debt To Asset
Rank 316

Company Information

Siris Soft was incorporated in 1998 with the object to focus in ecommerce application using Sun Microsoft technologies.The company has established two advanced development centers in the area of ecommerce in New Jersey USA and Hyderabad. The company has three business models namely offshore solutions offsite solutions and onsite solutions. It has entered into strategic alliance with Allegheny Digital Corp Organic Online Inc Transaction Information System Inc CMC and Business Software Solutions Inc.The company is coming with a public issue of 26 lac equity shares of Rs. 10/ each aggregating to Rs. 260 lacs to finance the cost of expansion of the infrastructure to meet the demands of the anticipated business through the strategic partners and through own branches to market the existing ERP products to meet the cost of establishing of Branches in America and to part finance the cost of proposed line of operation and to set up infrastructure facilities.The company showed an increase in sales from Rs. 46.62 lacs in 1999 to 301.20 lacs in 2000 and a net profit of Rs. 6.32 lacs 1999 to Rs. 59.81 lacs 2000. The projections of the company shows a sales of Rs. 1549.32 lacs and net profit of Rs. 249.52 lacs for the year 2001 and sales of Rs. 1936.65 lacs and net profit of Rs. 346.02 lacs for the year 2002. The company is expecting to earn a export earnings of 82.64 in total revenue.
OrganisationTyche Industries Ltd