Dynacons Systems and Solutions Limited (DSSL)

Dynacons Systems and Solutions Limited (DSSL)

(CMP 39) 
CODE :- 532365

COMPANY OVERVIEW :-

Dynacons Systems & Solutions Ltd is an IT company with global perspectives with their headquarters at Mumbai and branches all over India and at Multiple Locations abroad. The company is engaged in providing a comprehensive range of end-to-end solutions to customers. The company has the technical expertise and the service delivery infrastructure to serve customers at a level of quality consistent with their expectations. They help in the selection of the right technology and application that will yield the greatest return and build a business case for implementation based on lower Total cost of ownership and higher performance.

The company undertakes all activities related to IT infrastructure including infrastructure architecture, design and consulting services, turnkey systems integration of large network and data centre infrastructures including supply of associated equipment and software; on-site and remote facilities management of multi- location infrastructure of domestic clients. 

The company provides the entire spectrum of Information Technology services including Business Planning, Business Availability and Business Continuity Services. 

They provide high quality, 24 hour, seven days a week support services by leveraging their expertise in managing IT Infrastructures for their customers.

BRIEF HISTORY :- 

• Dynacons Systems & Solutions Ltd was incorporated in the year 1995 as a private limited company with the name Dynacons Systems & Solutions Pvt Ltd. In January 2000, the company was converted into public limited company and the name was changed to Dynacons Systems & Solutions Ltd.

• During the year 2000-01, the company completed their maiden public issue and the equity shares of the company were listed on the Bombay Stock Exchange, National Stock Exchange Ahmedabad Stock Exchange and Hyderabad Stock Exchange. The company entered into a strategic tie-up with Shecom to fulfill their manpower requirements for various key positions and also assist them in their various IT-related activities in India.

• During the year 2002-03, the company obtained the order for computerization of the Revenue Department of Goa Government, involving supply of High End Servers, Desktops, Software, Networking and Systems Integration. 

• They received the Best VFB Partner, Best Competitive Account Breakthrough and Best IBM Sales Person, awards from IBM. During the year 2003-04, the company completed systems integration for the e-governance project of Goa Government, Revenue Department.

• During the year 2008-09, several initiatives of restructuring have been taken to create multiple avenues of growth. The company decided to become selective in their business operations in order to improve profitability and productivity.

The objective of the company is to widen their reach and market presence and work towards establishing new markets. The focus will be on the education, hospitality, government and healthcare customer segments. Their focus will be on making strategic investments/ acquisitions, investing in the right business solutions, leverage their expertise in providing IT infrastructure solutions to further enhance the spectrum of offerings and focus on services expansion and become a vendor of choice for organizations.

INDUSTRIES SERVED (Major) :- 

• Grasim Industries Limited
• Larsen & Toubro Limited
• Bombay Dyeing Limited
• GOA Shipyard
• Balaji Telefilms Ltd.
• Dena Bank
• Financial Technologies Ltd.
• National Insurance Company
• Multi Commodity Exchange of India Ltd
• Gufic Bio Sciences Limited
• Merck
• Wyeth Laboratories
• Blue Cross Laboratories Limited
• All Cargo Movers (India) Pvt. Ltd.
• Shipping Corporation of India
• Government of Goa, Revenue Department
• All India Radio
• Bharat Electronics Ltd.
• Indian Audit and Accounts Department
• ONGC
• Indian Airlines
• AIR India
• Many Educational Colleges & University

WORKING AREA OF THE COMPANY :- 

• Consulting, Audit and Training services in IT Infrastructure Management
• Systems integration
• Monitor, control and improve business processes in real time
• Designing IT-enable business process solutions
• Network design
• Network monitoring and management solutions
• Network Audit, Network security
• Wireless Solution. VOIP/VPN Solutions
• LAN, WAN
• Network Architecture
• e-Business solutions
• Software Solution
• Software Re-engineering
• Database Administration Services
• Business Intelligence Solutions
• System Administration
• Server Monitoring and Management
• Asset Management
• Data Center Management
• Vendor Management
• Intrusion Detection & Prevention systems
• Firewall Design, Deployment and Maintenance services
• SPAM & Spyware solutions
• Authentication & Identity management solution

RECENT DEVELOPMENTS IN THE COMPANY :- 

• Dynacons Systems and Solutions Limited (DSSL), announced that they have secured a Contract worth INR 20 Crores from Life Insurance Corporation of India (LIC) in August 2017.

• The terms of the contract with LIC of India include Supply of Laptops, installation, Microsoft Office Components, data migration services, and support of the same across the life-cycle of the IT asset, as per requirements of LIC in LIC's Central Offices, Zonal Offices, Divisional Offices, Branch Offices and all other units under these offices in India. The deal covers more than 2000 locations/offices of LIC across India.

• This is a significant win and demonstrates the capability of the company to deliver and implement large scale IT projects for customers on a PAN India basis. This contract will further enable the company to expand its reach across the country.

• This contract further strengthens the position of Dynacons as a National Provider of IT Managed Services.

• This contract will widen the geographic coverage of Dynacons and will be able to reach many TIER III cities and remote towns.

• As per the terms of the contract with LIC, DSSL will provide Managed IT Services for the IT Infrastructure located at LIC's different offices (PAN India) for Life Insurance Corporation of India. The Key Highlights of the contract are as below.
  
  - Total Assets covered under this contract - 60,880
  - Total number of Resources deployed under this contract - 209
  - Total number of offices including branches & satellite offices - 3090
  - Total no. of States Covered under this Agreement - Delhi, Punjab, Haryana, Jammu & Kashmir, Himachal Pradesh, Uttar Pradesh, Uttaranchal, MP, Rajasthan, West Bengal, Assam, Nagaland, Manipur, Tripura, Arunachal Pradesh, Mizoram & Meghalaya, Bihar, Odisha, Jharkhand, Chhattisgarh, Andaman & Nicobar islands.

COMPANY Tie ups :- 

              source :- Annual Report

http://www.bseindia.com/bseplus/AnnualReport/532365/5323650317.pdf

💢 FUNDAMENTALS :-

Stock Info
Market Cap	23.41 Cr.
P/E	17.47
52 W High/Low	48.75/13.40
Face Value	10
EPS	2.10
Book Value	29.83
Price/Book Industry PE	1.23 19.57

💢 SHARE HOLDING :- 

Share holding PAttern
Promotors	36.37%
FII	0.0%
MF	0.0%
Public/NII	63.63%
TOTAL	100%

💢 FINANCIALS :- 

souce :- BSEINDIA

• Company posting continuous Profit from FY13 to FY17....from 0.52 Cr. Net Profit to now 1.25 Cr. Net Profit.

• EPS Grown from 0.87 Cr.  FY13 to 2.10 Cr.  FY17.

• Revenue 58.70 Cr. in FY13 to 158.83 Cr. in FY17.

• Company is reducing debt. Debt to equity ratio is 1.06

• Company's Asset is increasing Continuously.

💢 TECHNICALS :- 

• Technically stock is Bullish.
• RSI Positive and shown Hidden Divergence
• Increasing Volume from last week.
• Trading above All important Moving averages.
• PSAR Bullish Signal

Why I selected this Stock for Study :- 

• Strong Fundamentals and Financials
• Technically Bullish
• Huge Client list
• Wide spread Work area
• Company Tie-up with well-known service providers
• 80% of the total staff are technically trained & experienced.
• Order book from LIC make this company reach to wide area of all major states on the India.
• Domestic market to get boosted due to Government focus on "Digital India", "Make in India" & "Smart Cities"
• Increasing penetration of internet in India with raoid expansion of 4G network is enabling business to look at Tier II & Tier III Cities.
• http://www.bseindia.com/bseplus/AnnualReport/532365/5323650317.pdf

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THE ABOVE IS A RESEARCH REPORT NOT BUY/SELL RECOMMENDATION AND FOR EDUCATIONAL PURPOSE , AND SOME OF MY FINDINGS FROM OPEN SOURCE. ONE CAN CONSULT THEIR FINANCIAL ADVISER BEFORE INVESTING.

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Happy Investing

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NOTE : THE ABOVE IS NOT A RESEARCH REPORT NOR A RECOMMENDATION  BUT INFORMATION AS AVAILABLE ON PUBLIC DOMAIN. 

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