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Firstobject Technologies Limited
Sector:IT IT - Software - Small/Medium
BSE:532379NSE:NABloomberg:FOTL@INReuters:FIRT.BO
Market Lot: 1Face Value: 10ISIN Demat: INE683B01047
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14-Feb-2018
Business Profile
IQMS Software (IQMS), incorporated in the year 2000, provides intelligent and cost effective business enterprise solutions.

The company delivers end-to-end solutions on various platforms. It has developed solutions for medical reconciliation; distribution, container, and school management; and HR4All, a human resource management system. Its technology services cover enterprise application development and integration, porting/migration of software applications, and gaming applications; data management systems including data migration, conversion and consolidation; courseware and learning management systems; SQA and testing services, compliance certification; 2D and 3D animation and multimedia works; and enterprise information infrastructure with security, storage, networking, computing and high availability.

Q Zone TM is a complete system house for providing consulting, production and delivery center facilities for various ITES and BPO services. The KPO division provides equity research services to various reputed institutions in India and abroad. The company addresses the needs of the educational fraternity with its flexible e-learning solutions termed as S-Learn.

Recent orders include the USD 1.5 million contract to be executed over a span of 12 months to develop software for office enterprise resource planning on-site jobs in Philippines; an order for USD 1 million for onsite consulting work in USA through its subsidiary Trac Tel Solutions Inc. USA; and a contract for the outsourcing of 35-seater equity research on 24X7 basis. The board of directors has approved acquisition of 51% stake in Object Xperts Inc, USA, with whom the company currently has a strategic alliance. Offices are located at Hyderabad and Kuala Lumpur in Malaysia.

The registered office is located at H No 7-1-34, 1st Floor, Ameerpet, Sridevi Mansion, Shyam Karan Road, Hyderabad-500016, Andhra Pradesh.



Financials
The company disclosed rise of 99.17% in standalone net profit on y-o-y basis to Rs 0.16 million, while total income climbed 12.07% y-o-y basis to Rs 42.91 million for the quarter ended March 2016.

Recent Developments
13-FEB-18
Firstobject Technologies has received an order from the office of the District Collector, Siddhipet District, Telangana to supply its digital smart class solution, FirsteSchool, to all the BC Hostels of the District. Firstobject will supply digital content for Primary and Secondary Schools curriculum in Telugu and English medium.

05-DEC-17
Firstobject Technologies has received an order from the office of the District Collector, Adilabad District, Telangana to supply its digital smart class solution, FirsteSchool, to all the BC and SC Hostels of the District. Firstobject will supply digital content for Primary and Secondary Schools curriculum in Telugu and English medium.

08-AUG-17
Firstobject Technologies, received an order from Mahatma Jyothiba Phule Andhra Pradesh Backward Classes Welfare Residential Educational Institutions Society (MJPAPBCWREIS) to implement Andhra Pradesh State Board's content in its 32 Institutions.

21-FEB-17
Firstobject Technologies received an order from Andhra Pradesh Residential Educational Institutions Society (APREIS) to implement A.P. State Board content in its 50 Institutions. Firstobject has to implement A. P. State Board English Medium digital content for classes V-X in its Institutions.

06-DEC-16
Firstobject Technologies received an order to supply its digital smart class solution, 'First eSchool', from the office of the District Collector, Sanga Reddy District, Telangana State.

21-JUL-16
Firstobject Technologies bagged long term order for developing an e-learning modules and e-education video modules pertaining to front desk employees, nursing staff, and paramedical staff of the a leading hospital group.

20-JUL-15
Firstobject Technologies is launching its unique online education E-commerce platform to make the plethora of education products available to the entire user community globally at a click distance away.

18-JAN-13
Firstobject Technologies, an imminent IT / ITE`s and an e-education company, today announced that Michigan, USA, based Spiders Software Solutions, an information technology consulting organization has entered into a business pact with the company on Jan. 17, 2013.



Future Plans
The company has planned a project that is to be taken up from the Airport Authority of Indonesia.

In Brief

 
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