Vakrangee Software Ltd
Vakrangee Software Limited develops computer software for corporations and governments uses. Some of the software developed are HRMS (human resource management system) and E-Administrator.
Vakrangee Software Limited is a decent bet in small cap software segment. Their recent quarter revenues and PAT have grown 250% YoY. NPM has been maintained at sames levels of 7%. The company had NPM at 20% levels in FY06, FY07 and FY08 before it took a hit in FY09 to 1.5% and has recovered and maintained at 7% in the last 2 years. IT sector is recovering and NPM can only get better. Its currently trading at a P/E little less than 14 and is priced fairly and is at good levels to buy considering the revenue and PAT growth trend.
Vakrangee Software Limited develops computer software for corporations and governments uses. Some of the software developed are HRMS (human resource management system) and E-Administrator.
Vakrangee Software Limited is a decent bet in small cap software segment. Their recent quarter revenues and PAT have grown 250% YoY. NPM has been maintained at sames levels of 7%. The company had NPM at 20% levels in FY06, FY07 and FY08 before it took a hit in FY09 to 1.5% and has recovered and maintained at 7% in the last 2 years. IT sector is recovering and NPM can only get better. Its currently trading at a P/E little less than 14 and is priced fairly and is at good levels to buy considering the revenue and PAT growth trend.
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