Rolta india

Company Snapshot:

Rolta provides  specialized technology solutions and services for the Geospatial, Defense and Homeland Security and Engineering sectors. Company enjoys major market share in the Geospatial business.

Recently Indian Armed Forces have adopted Rolta’s Geospatial based operations and intelligence solutions resulting in a dominant market share. These solutions cover a range of domains such as Data Security and Service Management, Database Foundation, Enterprise Applications and Business Intelligence.

Key Developments:
Rolta acquired Orion, based in Canada, which provides spatial integration consulting, software and implementation services for global customers.
They also acquired WhittmanHart Consulting, based in USA, which provides technology consulting and solutions for Business Intelligence and TUSC which provides integrated functional and technical solutions to customers.

Rolta has two joint ventures. Shaw Rolta Ltd with the Shaw Growp Inc., USA, which provides comprehensive engineering, procurement and construction management services to the power, oil, gas and petrochemical sectors. Rolta Thales Ltd with Thales, France offers leading-edge information systems to the defense, homeland security and intelligence sectors. Sectoral Outlook

When Satyam Saga enfolded there were rumuors that there is something wrong with Rolta which led stock price to fall all way to Rs90.I couldn't find any misconduct by the management in SEBI website.

Rolta India, one of India's leading IT companies specializing in Enterprise Geospatial Information Solutions (EGIS), Defense and Homeland Security, Enterprise Design and Operation Solutions (EDOS) and Enterprise Information Technology Solutions (EITS) has announced the launch of state-of-the-art solutions for Earth Science applications.
These solutions are based on an exceptional combination of Rolta's existing repository of intellectual property and key technologies acquired at the source code level, from various companies worldwide including, PCI Geomatics. Rolta Earth Science solutions provide some of the most advanced Geo-Imaging and Photogrammetry capabilities, including knowledge based and neural network classification, automatic change detection and next generation stereo-imagery ingestion, triangulation, DEM, orthophoto generation and map finishing, from multi-sensor satellite and aerial imagery.



These solutions are easily configurable to meet specific high end Enterprise Geospatial needs of organizations across diverse segments like: Defence, Homeland security, Space, Agriculture, Forestry, Environment, Water resources. Town & Urban planning, Land Records, Telecom and Utilities. Rolta's comprehensive Earth Science solutions are already deployed and being actively used for mission-critical applications, by hundreds of users, across the country. These advanced and user friendly technologies seamlessly integrate with the extensive repository of Rolta Geospatial solutions, example Rolta Geospatial Fusion and are complementary to leading GIS platforms such as Intergraph, ESR1 and many others.
 
 
Rolta had  issued FCCBs of USD 150 million due in 2012.
Notes from Jun'09 Qtr reflects the cash management strength.
Company launched a tender offer for repurchase of its outstanding Zero Coupon FCCBs of US$ 150 Million due 2012. The tender offer commenced on June 22, 2009 and settlement took place on June 30, 2009. The Company accepted all tenders received amounting to US$ 38.31 Million in face value of bonds having an accreted value US$ 43.67 million (114%) at a Clearing Price of US$ 855 representing 25% discount on the accreted value. The aggregate principal amount of Bonds remaining outstanding after this Tender Offer is US$ 111.69 million. The Bonds have been repurchased at gross repurchase value of US$ 32.75 million resulting in a gain of US$ 10.92 million (Rs. 51.17 Crores) which has been appropriated into other income (Rs. 25.02 Crores) and balance added to securities premium account.


Main RAW material for most IT Service based company is there Human Resources.
ROLTA was ranked at the number 1 position in Human Relations (HR) and at the 3rd position in overall ranking in the 2009 DATAQUEST survey of Best Employers in the IT sector.

Rolta Qtrly numbers

Rolta Annual figures:

Rolta balancesheet as on Jun'08. Awaiting Jun'09 Balance sheets.

Disclaimer:.

As we move head in month of October avoid excessive buying & moving to penny stocks which are in the rise offlate...Let money not spill from your wallets to punters treasury box.....

Try booking profits starting Mid of October , provided market rallies to 18500k...