Shares Homepage - BSE Sensex, NSE Nifty, Latest Prices, Live News, Company Search, Result Annoucements, Company News, Top stories, Gainers Losers, Top Performers, Market Commentary, Live Quotes, Bulk Deals
India's preferred Personal finance destination
Home Shares News Centre F&O Mutual Funds IPO Portfolio Commodity Loans Financial Planning Insurance About Us
Markets Companies Research Industries E-Mail Page
Wealth Tracker      Tax Corner NRI Centre Chat Masala Feedback
my Last 5 Scrips
Company BSE Price(Rs) % Chg
Kotak Ba 1341.00 7.34
Tata Mot 96.60 7.81
State Ba 170.00 0.03
Indusind 428.80 4.57
Icici Ba 345.95 2.05
Clear All Clear Last
Shares
NSE Live
Nifty Live Prices
Live Quotes
Top Gainers/Losers
Top 10 Turnover
No Delivery Stocks
BSE Live
BSE30 Live Prices
Live Quotes
Top Gainers/Losers
Top 10 Turnover
No Delivery Stocks
Market Pulse
Leaders
Laggards
FII Activity
Mutual Fund Activity
Meetings
Results Watch
Results Calendar
Results Announced
IPO Watch
Company
Snapshots
Quotes
Charts
Financials
Recent News
Broker Research
Meetings
Research Tutorial
Discussion Forum
Research
Research Reports
Sector Watch
Economy Watch
 
K L G Systel Limited
Sector:IT IT - Software - Small/Medium
BSE:31269NSE:KLGSYSTELBloomberg:KLGS@INReuters:KLGS.BO
Market Lot: 1Face Value: 10ISIN Demat: INE799A01019
QuotesSnapshotChartsFinancialsResearchRecent News
Peer GroupAGM/AMMF HoldingDiscussion ForumBSE/NSE NoticesBSE/NSE Deals

 
17-Feb-2011
Business Profile
KLG Systel (KLG) is a knowledge company providing business life cycle solutions. It was incorporated as a private limited company on Dec. 02, 1985 and was converted into a public limited company on Jul. 29, 1994.

The ISO 9001:2000 certified company operates through its strategic business units of computational engineering and sciences, enterprise project management, manufacturing automation and solutions, and enterprise business solutions. The power system design solutions are provided through its subsidiary KLG Power. Integrated software and hardware solutions are developed for power distribution utilities as well as end consumers such as Vidushi for business process automation, SG61 for advanced metering infrastructure and remote meter reading, connectgaia.com for energy efficiency and demand side management. Geographic information system implementation and revenue management services are also provided to utilities.

With its unique business model, the company has incorporated cutting-edge technologies from leading international technology partners such as Autodesk, COADE, Microsoft, Oracle, Primavera, IBM, and SAP to provide business life cycle solutions to a wide spectrum of clients including Top 500 Indian companies and the Indian arms of Fortune 500 companies. It has several intellectual property rights to its credit developed indigenously and has its operations housed in its own research and development center at Gurgaon in Haryana. An ultra-modern manufacturing unit for the production of Connectgaia.com has been set up in Dehradun with a production capacity of 10,000 units a month.

Recent awards bagged are the 2007 CII National Award for Excellence in Energy Management, 2007 Golden Peacock Award in the Innovative Product/Service Category, and among NASSCOM`S 100 IT Innovators of 2007. There has been a growth of over 122% in sales and services in FY08. Around 18 offices cater to clients such as Bharat Petroleum Corporation, L&T, Tata Iron & Steel, Reliance Industries, Bharat Heavy Electricals, Tata Power, and Maruti Udyog among several others. An office has been established in Singapore to market its power solutions in ASEAN, Chinese and Australian Markets. KLG Environment and Safety Sciences, KLG Software Technology and Infrastructure, and Atlantis Lab are other subsidiary companies.

The registered office is at Plot No 70A, Sector 34, EHTP, Gurgaon-122004, Haryana.


Financials
The company disclosed fall of 376.94% in standalone net profit on y-o-y basis to Rs 146.41 million, while total income dropped 38.46% y-o-y basis to Rs 297.33 million for the quarter ended December 2010.

Recent Developments
18-MAR-10
Asian Granito is one of the largest manufacturers of vitrified tiles in India, expects the total revenue generation in 2010-11 from its tile expansion project at its Himmatnagar to be more than Rs 5 billion, a growth of nearly 20% over the total expected turnover of Rs 4.2 billion for the year 2009-2010.

18-MAR-10
Wall and floor tiles, vitrified tiles and marble tiles maker, Asian Granito India, has successfully executed its Rs 370 million wall tile expansion project at its Himmatnagar plant for four month ahead of schedule.

24-JUN-10
Atul, a Lalbhai Group Company has acquired Polygrip - India`s leading Rubber & PU based adhesive brand. Polymers Division of Atul that manufactures and markets epoxies, adhesives and sealants under the brand LAPOX has bought Polygrip brand.

06-APR-10
Credit rating agency, CARE has retained `CARE A-` (Single A minus) rating assigned to the long-term bank loans/facilities of Atul (Atul). This rating is applicable to facilities having tenure of more than one year. Facilities with this rating are considered to offer adequate safety for timely servicing of debt obligations.

15-JAN-10
Sushil Finance in its report dated Jan. 13, 2010 says that net profit Atul increased by 36.6% YoY to Rs 400.8 million. At the CMP of Rs 109, the stock is available at a very attractive valuation of 3.8x its FY11E EPS of Rs 29, and has price target of Rs 145. The stock closed at Rs 107 on Jan. 14, 2010

07-JUL-10
Broking firm Emkay Global Financial Services said it believes that Eicher Motors stock is fairly valued unless the company is able to execute its hard work of last two years. In such a scenario, there exists a strong upside potential.

11-JUN-10
Eicher Motors today announced that VE Commercial Vehicles (VECV) would make an investment of Rs 2,880 million in its Pithampur plant for the production and final assembly of the Volvo group`s new global medium-duty engine platform.

04-JAN-10
Credit rating agency, ICRA has assigned LAA- rating to the Rs 120 million long term fund based and Rs 55 million non fund based bank facilities and has also assigned A1+ rating to Rs 30 million short term fund based/non fund based facilities and Rs 65 million non fund based bank facilities of Eicher Motors (EML).

03-DEC-09
the Company has to issue and allot 1,40,32,764 fully paid-up equity shares of Rs 10 each to the member of residual EGIL in the proportion in which they hold equity shares in Residual EGIL.

06-NOV-09
Auto maker VE Commercial Vehicles, the joint venture of Eicher Motors and Sweden`s Volvo today reported a rise of 65.11% growth in its total sales of Eicher trucks and buses in October at 2,257 units, reports Business Standard.

04-NOV-09
Eicher Motors (EML) today announced that board of directors of its subsidiary - VE Commercial Vehicles (VECV), in its board meeting held on Oct. 30, 2009 have decided to explore the further business opportunities in the field of engineering design services along with Vinn Group AB of Sweden (a joint venture company between Vinn Group and Volvo Technology Transfer AB (VTT), a wholly owned subsidiary of AB Volvo).

30-NOV-10
The company has reported a Net Profit of Rs 1.37 billion for the financial year 2009-10 ending September 30, 2010, registering an increase of 53.3% from Rs 897 million for the financial year of 2008-09.

13-SEP-10
Escorts, India`s leading tractor manufacturer, today announced a breakthrough in tractor industry by launching India`s first-ever inverter tractor.

21-JUL-10
Anand Rathi Securities has recommended `Buy` on Escorts with a price target of Rs 255 as against the market price (CMP) of Rs 200 in its report dated July 20, 2010.

19-JUL-10
Escorts, the maker of tractors today announced a net profit of Rs 458.40 million for the quarter ended June Escorts, the maker of tractors today announced a net profit of Rs 458.40 million for the quarter ended June

05-JUL-10
Escorts, India`s leading tractor manufacturer, today announced that it has bagged s Indian tractor industry`s largest ever order for tractors. Valued at USD 40 million (about Rs 1.85 billion) the prestigious order has been awarded to Escorts by the government of the United Republic of Tanzania.

27-APR-10
Firstcall has recommended `Buy` on Hero Honda Motors with a price target of Rs 210 as against the market price (CMP) of Rs 177.60 in its report dated Apr. 26, 2010. The broking house gave the following investment rationale:

27-APR-10
Anand Rathi has recommended a `Buy` on Escorts with a price target of Rs 227 as against the market price (CMP) of Rs 180 in its report dated Apr. 26, 2010.

22-APR-10
Escorts today reported a higher profit of Rs 648.7 million for the half year ended Mar. 31, 2010, a 8.67 times increase over Rs 74.8 million registered for the corresponding period of last fiscal

18-FEB-10
These special Hi-Tech vehicles are currently being showcased at the largest defense expo 2010 at Pragati Maidan, New Delhi. The other high safety technical textile products on display include high altitude fabric, bullet-proof jackets, bullet proof helmets Anti-ballistic Products, Lightest hard Armour plates etc.

16-FEB-10
Shri Lakshmi Cotsyn today announced that its wholly owned subsidiary,Shri Lakshmi Defence Solutions has entered into an agreement with Ukrinmash, a State Foreign Trade and investment firm of Ukraine for the supply of 100 nos. armored vehicles (BTR-4) to the UN MJSSION.

05-JAN-10
Shri Lakshmi Cotsyn announced that it has commenced its part commercial production of the new spinning unit with the installed capacity of 10,000 spindles with effect from Jan. 01, 2010

19-JUL-10
Escorts, the maker of tractors today announced a net profit of Rs 458.40 million for the quarter ended June Escorts, the maker of tractors today announced a net profit of Rs 458.40 million for the quarter ended June

05-JUL-10
Escorts, India`s leading tractor manufacturer, today announced that it has bagged s Indian tractor industry`s largest ever order for tractors. Valued at USD 40 million (about Rs 1.85 billion) the prestigious order has been awarded to Escorts by the government of the United Republic of Tanzania.

27-APR-10
Firstcall has recommended `Buy` on Hero Honda Motors with a price target of Rs 210 as against the market price (CMP) of Rs 177.60 in its report dated Apr. 26, 2010. The broking house gave the following investment rationale:

27-APR-10
Anand Rathi has recommended a `Buy` on Escorts with a price target of Rs 227 as against the market price (CMP) of Rs 180 in its report dated Apr. 26, 2010.

22-APR-10
Escorts today reported a higher profit of Rs 648.7 million for the half year ended Mar. 31, 2010, a 8.67 times increase over Rs 74.8 million registered for the corresponding period of last fiscal

20-OCT-10
Mahindra Lifespace Developers (MLDL), the real estate and infrastructure development arm of the Mahindra Group, announced their Q2 results today. The company reported profit after tax (PAT) for the quarter is at Rs 246.6 million, registering an increase of 42% compared to Rs 173.4 million in Q2 F-10.

18-AUG-10
Mahindra World City (MWC), Jaipur, a special economic zone (SEZ) powered its light engineering zone today with Marson`s Industries is initiating construction of their new facility.

21-JUL-10
The PAT for the quarter is at Rs 144.8 million, registering an increase of 39% compared to a PAT of Rs. 104.2 million for Q1 F-10. The above standalone results have been subject to a limited review by the auditors of the company.

28-APR-10
Sharekhan has recommended ` Hold` Mahindra Lifespace Developers, with a price target of Rs 506 as against the market price (CMP) of Rs 487 in its report dated Apr. 27, 2010.

17-MAR-10
Sharekhan has recommended a `Buy` on Mahindra Lifespaces at target price of Rs 497 against current market price (CMP) Rs 384, in its report dated Mar.16, 2010.

22-JAN-10
Sharekhan has recommended a `Buy` Mahindra Lifespace Developers with a price target of Rs 497 as against the market price (CMP) of Rs 398 in its report dated Jan. 21, 2010.

21-JAN-10
Motilal Oswal has recommended a `Buy` on Mahindra Lifespace on Jan. 20, 2010. The broking house said, MLL has a healthy balance sheet, with low leverage and no major land outstanding. It is witnessing strong traction across its key verticals.

20-JAN-10
Mahindra Lifespace Developers, Mahindra Group company, engaged in real estate development and construction, today announced results for the quarter ended on Dec.31, 2009.

07-FEB-11
Credit rating agency, Fitch Ratings has today affirmed India`s HEG (HEG) National Long-term rating at `AA-(ind)`. The Outlook is Stable.

11-MAY-10
Emkay has recommended `Hold` on HEG with a price target of Rs 368 as against the market price (CMP) of Rs 341 in its report dated May 11, 2010.

06-MAY-10
ICICI Securities has recommended `Buy` on HEG with a price target of Rs 423 as against the market price (CMP) of Rs 345 in its report dated May 06, 2010.

09-APR-10
Graphite electrodes maker HEG said it will raise Rs 4 billion by share sale in various ways to meet the cost of company`s expansion plans and working capital needs.

24-MAR-10
ICICI Direct has recommended a `Buy` on HEG with a price target of Rs 466 as against current market price (CMP) of Rs 338 in its report dated Mar. 24, 2010.

16-FEB-10
Emkay has recommended a `Buy` on HEG with target price of Rs 458 against current market price (CMP) Rs 336 on Feb. 16, 2010.

29-JAN-10
HEG, a diversified company with interests in graphite electrodes and power today announced that its board of directors at its meeting held today has approved the expansion of graphite electrode production capacity from by 14000 tons per annum (TPA) to 80,000 TPA by 66,000 TPA.

08-DEC-09
Credit rating agency, Fitch Ratings has affirmed India`s HEG (HEG) National Long-term rating at `AA-(ind)`. The agency has also assigned a `AA-(ind)` rating to its proposed Rs 750 million convertible debenture (NCD) programme. Also, Fitch has withdrawn the rating of HEG`s Rs 300 million NCD programme as it has been paid in full. HEG`s existing debt instruments have also been affirmed, as follows:

02-DEC-10
The first order is from Brahmaputra Cracker and Polymer, the value of order is Rs 408.4 million, for providing mechanical and piping works of LLDPEIHDPE unit for Brahmaputra Petrochemical Complex

11-OCT-10
Jaihind Projects announced that it has bagged orders worth Rs 943 million from Brahmaputra Cracker and Polymer.

27-SEP-10
Jaihind Projects today announced that it has been awarded orders worth Rs 337 million. It has secured order from Brahmaputra Cracker and Polymer worth Rs 213.3 million for carrying out mechanical works comprising of erection of equipments and machinery, fabrication and erection of piping and other related civil and structural works for poly propylene unit at Lepetkata, Assam.

17-SEP-10
The first order is worth Rs 645.3 million from GAIL (India) for section II of laying and construction of spurline (18`, 12`, 8`, 4`) x 28 km and associated works in Kochi-Koottanad-Bangalore-Mangalore pipeline project.

13-AUG-10
Ahmedabad-based oil and gas pipeline infrastructure company Jaihind Projects has secured order of Rs 100.7 million from Indian Oil Corporation (Pipeline Division) for carrying out combined station works under Chennai - Bangalore Pipeline Augmentation Project .

09-AUG-10
Jaihind Projects today announced that it has been awarded an oredr worth Rs 430.9 million for providing, lowering, laying, jointing and testing work for sewage collective system under Rajkot underground sewerage project phase II part III, by Rajkot Municipal Corporation.

28-JUL-10
It has secured order from Brahmaputra Cracker and Polymer worth Rs 504.6 million for providing raw water pipeline (Part A) and treated effluent pipeline (part B) for Brahmaputra Petrochemical Complex of Brahmaputra Cracker and Polymer at Lepetkata (Assam).

01-JUN-10
Ahmedabad-based leading engineering, procurement and construction (EPC) company, Jaihind Projects has bagged three orders worth Rs 199.5 million.

26-NOV-09
Credit rating agency, ICRA has assigned LBBB-/ A3 rating to the Rs 1,824 million bank facilities of JBM Auto (JBMA).

11-OCT-10
Jaihind Projects announced that it has bagged orders worth Rs 943 million from Brahmaputra Cracker and Polymer.

27-SEP-10
Jaihind Projects today announced that it has been awarded orders worth Rs 337 million. It has secured order from Brahmaputra Cracker and Polymer worth Rs 213.3 million for carrying out mechanical works comprising of erection of equipments and machinery, fabrication and erection of piping and other related civil and structural works for poly propylene unit at Lepetkata, Assam.

17-SEP-10
The first order is worth Rs 645.3 million from GAIL (India) for section II of laying and construction of spurline (18`, 12`, 8`, 4`) x 28 km and associated works in Kochi-Koottanad-Bangalore-Mangalore pipeline project.

13-AUG-10
Ahmedabad-based oil and gas pipeline infrastructure company Jaihind Projects has secured order of Rs 100.7 million from Indian Oil Corporation (Pipeline Division) for carrying out combined station works under Chennai - Bangalore Pipeline Augmentation Project .

09-AUG-10
Jaihind Projects today announced that it has been awarded an oredr worth Rs 430.9 million for providing, lowering, laying, jointing and testing work for sewage collective system under Rajkot underground sewerage project phase II part III, by Rajkot Municipal Corporation.

28-JUL-10
It has secured order from Brahmaputra Cracker and Polymer worth Rs 504.6 million for providing raw water pipeline (Part A) and treated effluent pipeline (part B) for Brahmaputra Petrochemical Complex of Brahmaputra Cracker and Polymer at Lepetkata (Assam).

01-JUN-10
Ahmedabad-based leading engineering, procurement and construction (EPC) company, Jaihind Projects has bagged three orders worth Rs 199.5 million.

15-NOV-10
The company`s Power System Solution (PSS) Division has been awarded an order of Rs 897.6 million from Chattisgarh State Power Distribution Company.

13-JAN-10
Shares of K L G Systel are trading at Rs 215.45, up Rs 5.8, or 2.77% at the Bombay Stock Exchange (BSE) on Wednesday at 1:04 p.m.

13-JAN-10
KLG Systel bags a project to provide a SCADA solution for the prestigious Mumbai Monorail Project stretching 20km between Chembur - Wadala - Gadge Maharaj Chowk corridor in Mumbai.

03-NOV-09
Credit rating agency, CRISIL has downgraded its ratings on KLG Systel (KLG`s) bank facilities to BBB+/Negative/P2 from A-/Negative/P2+.

13-AUG-10
Ahmedabad-based oil and gas pipeline infrastructure company Jaihind Projects has secured order of Rs 100.7 million from Indian Oil Corporation (Pipeline Division) for carrying out combined station works under Chennai - Bangalore Pipeline Augmentation Project .

09-AUG-10
Jaihind Projects today announced that it has been awarded an oredr worth Rs 430.9 million for providing, lowering, laying, jointing and testing work for sewage collective system under Rajkot underground sewerage project phase II part III, by Rajkot Municipal Corporation.

28-JUL-10
It has secured order from Brahmaputra Cracker and Polymer worth Rs 504.6 million for providing raw water pipeline (Part A) and treated effluent pipeline (part B) for Brahmaputra Petrochemical Complex of Brahmaputra Cracker and Polymer at Lepetkata (Assam).

01-JUN-10
Ahmedabad-based leading engineering, procurement and construction (EPC) company, Jaihind Projects has bagged three orders worth Rs 199.5 million.



Future Plans
The company is in phased implementation of its consolidation and expansion plans. A facility with covered area of over half a million square feet is under construction in Gurgaon. It has proposed to establish a state-of-the-art manufacturing plant at Davni near Baddi in Himachal Pradesh with an installed capacity of 25,000 units per month. The project will be operational by third quarter of the year 2009. The proposed unit meets the demands of automatic meter reading units for the utility business.

In Brief

 
Home | Shares | F&O | Mutual Funds | Loans | Insurance | News Centre
Wealth Tracker | Tax Corner | NRI Centre | Search in myiris | Advertise
All rights reserved. IRIS Business Services Limited
Disclaimer