All Notifications
( Event )
List of Shareholders of GreenZon Energy as on 31.03.2023
( Event )
Private Placement of 6,34,250 Shares at INR 418/Share
( Event )
Private Placement of 1,58,922 Shares at INR 418/Share
( Financial update )
Financials of RNIT Solutions & Services Unlisted Shares are updated for 2023
( Financial update )
Financials of RNIT Solutions & Services Unlisted Shares are updated for 2021
( Financial update )
Financials of RNIT Solutions & Services Unlisted Shares are updated for 2022
( Comment )
RNIT AI-Powered Facial Recognition: A Game Changer for GHMC 🤖
The Greater Hyderabad Municipal Corporation (GHMC) is making waves with its innovative use of Facial Recognition Systems (FRS)! This technology has brought about some impressive results:
📈 Savings:
Annual expenditure on the RNIT FRS system has dropped from ₹1.93 crore to ₹67 lakh! 💸
Overall wage expenditure has decreased from ₹33.5 crore to ₹31 crore, thanks to the elimination of fake attendance! 💰
👨💼 Improved Efficiency:
RNIT FRS has made tracking the actual number of workers on the field easier, leading to more efficient staff deployment. 🗺️
Accurate attendance records allow for better resource allocation and planning. 📊
🤝 Transparency & Accountability:
RNIT FRS has eliminated the loopholes in the previous attendance system, ensuring transparency and accountability. 🔐
The system has helped to identify and weed out fraudulent practices, promoting a fair and honest work environment. 🤝
#GHMC #FRS #Innovation #SmartCity #Telangana #Hyderabad
( Comment )
Expected Valuation of Spray Engineerring
The Estimated revenue of FY24 is INR 600 Cr+ and PAT of INR 50+ Cr.
Total Share Outstanding after recent Pre-IPO round = ~2.5 Cr
Current Market Price in Unlisted = INR 550 per share
Mcap = 550*2.5 = ~INR 1400 Cr
P/E = 27x ( based on FY24 expected PAT of 50 Cr )
( Comment )
Spray Engineering Devices Ltd - Pre-IPO Round
- Innovative Ventures : Pioneering the establishment of the first boiler-less ethanol plant in India, showcasing commitment to cutting-edge technologies and sustainable practices.
- Business Verticals : Distinguished player in providing energy efficient solutions to Sugar, Bio-Refinery, Distillery, Jaggery, Biofuel, Water, and Bio-Based Green Chemicals sectors.
- Global Presence : Executed 80+ international sugar projects in 40+ countries, demonstrating global competence.
- Domestic Footprint : Completed *450+* sugar projects domestically which includes (Dalmia, Bajaj, Triveni, Birla, DCM Shriram etc) and *200+* water projects for diverse industries including Tata Chemicals, CIPLA, Dr. Reddy's, Hero Cycles etc.
- Financial Strength : Revenue CAGR of 51.55% (*216cr/400cr/613cr*) & CAGR of *92.11%* (15 cr/33cr/63cr) in Profit after Tax(PAT) from past 3 years for FY22, Fy23 and FY24.
- Intellectual Property : Boasts 42+ innovation patents, *56+* design patents, *15* trademarks, and 16+ copyrights, showcasing innovation and brand strength.
( Financial update )
Financials of Spray Engineering Devices Unlisted Shares are updated for 2021
