X

Sign up for Equitymaster's free daily newsletter, The 5 Minute WrapUp and get access to our latest Multibagger guide (2017 Edition) on picking money-making stocks.

This is an entirely free service. No payments are to be made.


Download Now Subscribe to our free daily e-letter, The 5 Minute WrapUp and get this complimentary report.
We hate spam as much as you do. Check out our Privacy Policy and Terms Of Use.
Aptech: Going global - Views on News from Equitymaster
 
 
  • PRINT
  • E-MAIL
  • FEEDBACK
  • A  A  A
  • Sep 22, 2000

    Aptech: Going global

    Aptech is aiming to become a global software solutions company. The company’s software business is growing at a scorching rate, which has led to quarter over quarter improvement in operating margins. However its education and training businesses still contribute more than 80% of its total revenues.

    The global software training market is growing at a breakthrough rate. Aptech has taken various initiatives during the year to increase its share in the markets. These include:

    • Aptech’s online university, Onlinevarsity.com has announced its partnership with Jobstreet.com. This partnership will enable students to have access to global placement opportunities. Onlinevarsity has registered over 1.5 m page views and more than 10,000 students are undergoing its courses since the launch of the portal. Jobstreet.com already has over 10,000 registered jobseekers in India and over 80 companies across India, Asia Pacific and USA.

    • Recently it has announced a new venture named BconnectB.com, which is being incorporated as a subsidiary. It will set up and support multiple initiatives in B2B e-commerce on a global basis. It has launched Asia's first comprehensive ASP (Application Service Provider) portal for the manufacturing industry. The BconnectB ASP will initially be launched with web hosting partners in Mumbai, Dubai and Singapore and will be premiered in Europe and the USA during the year 2001.

    • The company has tied up with a Canadian educational portal skillsforyou.com for some of its sales, marketing and personality development courses.

    • Aptech’s tie-up with Saba, a market leader in e-Learning infrastructure is to provide a world class e-learning solutions to corporations worldwide. Saba and Aptech will provide a complete solution to their customers, which will have inter-operability among Aptech's world-class learning content and Saba's Internet based learning management system.

    • It has launched the Aptech Certified e-commerce Professional (ACeP) course in the field of e-commerce on the Microsoft platforms and products. It has also entered into a strategic partnership with GE Countrywide Consumer Financial Services (GE Countrywide) to offer zero percent interest computer education loans to students.

    The education and training (E&T) industry is now maturing with schools, colleges and universities beginning to offer computer education. This was the lacuna in the education system, which career training institutes like Aptech, SSI and NIIT sought to fill. Also, with small institutes cropping up all over the country, the competition has been fierce and growth rates flattening to 20-25%. Aptech’s multi-branded offering of short term courses along with its strong international push will help it to maintain a reasonable growth rate in E & T business.

    At the current market price of Rs 508, Aptech gets a P/E multiple of 16 times its first half 2001 annualised earnings. The stock trades at a significant discount to its peers SSI and NIIT. The key valuation driver for the company is likely to be its software services business which has shown encouraging growth. The increasing revenues from this business will also push up the operating margins of the company.

     

     

    Equitymaster requests your view! Post a comment on "Aptech: Going global ". Click here!

      
     

    More Views on News

    Tech Mahindra: Our Revised View (Quarterly Results Update - Detailed)

    Aug 2, 2017

    A better than expected turnaround in performance results in a change in view.

    Wipro: A Decent Start to the Year (Quarterly Results Update - Detailed)

    Jul 27, 2017

    Digital services drive growth for Wipro in 1QFY18.

    Infosys: A Decent Start to FY18 (Quarterly Results Update - Detailed)

    Jul 14, 2017

    Infosys starts FY18 on an encouraging note with a stable performance.

    TCS: Currency Volatility Plays Spoilsport (Quarterly Results Update - Detailed)

    Jul 14, 2017

    TCS starts FY18 decently despite an adverse currency impact.

    HCL Tech: Ends FY17 on Expected Lines (Quarterly Results Update - Detailed)

    Jun 29, 2017

    Volvo partnership caps a good year for HCL Technologies.

    More Views on News

    Most Popular

    Demonetisation Barely Made Any Difference to Tax Collections(Vivek Kaul's Diary)

    Aug 7, 2017

    The data tells us quite a different story from the one the government is trying to project.

    Proxy Plays: A Smart Way to Bet on 'Off Limits' Companies(The 5 Minute Wrapup)

    Aug 4, 2017

    The small-cap space is full of small players that are clear proxies to great growth stories and Indian megatrends.

    Should You Invest In Bharat-22 ETF? Know Here...(Outside View)

    Aug 8, 2017

    Bharat-22 is one of the most diverse ETFs offered so far by the Government. Know here if you should invest...

    Signs of Life in the India VIX(Daily Profit Hunter)

    Aug 12, 2017

    The India VIX is up 36% in the last week. Fear has gone up but is still low by historical standards.

    7 Financial Gifts For Your Sister This Raksha Bandhan(Outside View)

    Aug 7, 2017

    Raksha Bandhan signifies the brother-sister bond. Here are 7 thoughtful financial gifts for sisters...

    More
    Copyright © Equitymaster Agora Research Private Limited. All rights reserved.
    Any act of copying, reproducing or distributing this newsletter whether wholly or in part, for any purpose without the permission of Equitymaster is strictly prohibited and shall be deemed to be copyright infringement.

    LEGAL DISCLAIMER: Equitymaster Agora Research Private Limited (hereinafter referred as 'Equitymaster') is an independent equity research Company. Equitymaster is not an Investment Adviser. Information herein should be regarded as a resource only and should be used at one's own risk. This is not an offer to sell or solicitation to buy any securities and Equitymaster will not be liable for any losses incurred or investment(s) made or decisions taken/or not taken based on the information provided herein. Information contained herein does not constitute investment advice or a personal recommendation or take into account the particular investment objectives, financial situations, or needs of individual subscribers. Before acting on any recommendation, subscribers should consider whether it is suitable for their particular circumstances and, if necessary, seek an independent professional advice. This is not directed for access or use by anyone in a country, especially, USA or Canada, where such use or access is unlawful or which may subject Equitymaster or its affiliates to any registration or licensing requirement. All content and information is provided on an 'As Is' basis by Equitymaster. Information herein is believed to be reliable but Equitymaster does not warrant its completeness or accuracy and expressly disclaims all warranties and conditions of any kind, whether express or implied. Equitymaster may hold shares in the company/ies discussed herein. As a condition to accessing Equitymaster content and website, you agree to our Terms and Conditions of Use, available here. The performance data quoted represents past performance and does not guarantee future results.

    SEBI (Research Analysts) Regulations 2014, Registration No. INH000000537.

    Equitymaster Agora Research Private Limited. 103, Regent Chambers, Above Status Restaurant, Nariman Point, Mumbai - 400 021. India.
    Telephone: +91-22-61434055. Fax: +91-22-22028550. Email: info@equitymaster.com. Website: www.equitymaster.com. CIN:U74999MH2007PTC175407
     

    Become A Smarter Investor In
    Just 5 Minutes

    Multibagger Stocks Guide 2017
    Get our special report, Multibagger Stocks Guide (2017 Edition) Now!
    We will never sell or rent your email id.
    Please read our Terms

    HEXAWARE TECHNOLOGIES SHARE PRICE


    Aug 17, 2017 (Close)

    TRACK HEXAWARE TECHNOLOGIES

    • Track your investment in HEXAWARE TECHNOLOGIES with Equitymaster's Portfolio Tracker. Set live price alerts, get research alerts and more. Get access now...
    • Add To MyStocks

    MORE ON HEXAWARE TECHNOLOGIES

    HEXAWARE TECHNOLOGIES - KINGDEE INTER. COMPARISON

    Compare Company With Charts

    COMPARE HEXAWARE TECHNOLOGIES WITH

    MARKET STATS