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technvision ventures ltd (501421) Details

TechNVision Ventures Limited, through its subsidiaries, provides various information technology products and services for enterprise data, cash flow, and talent management in India and internationally. The company develops enterprise data management solutions for public and private clouds. Its Enterprise Data Management Suite enables organizations to implement database archiving, test data management, data masking, and application retirement across enterprise data. The company also offers technology solutions comprising enterprise cash flow management solutions to transform, automate, and optimize cash flow processes. In addition, the company provides talent management solutions and services consisting of On Demand recruitment process outsourcing services for companies in hi-tech, engineering, medical, pharmaceutical, banking, and financial services. The company was formerly known as Solix Technologies Limited and changed its name to TechNVision Ventures Limited in September 2012. The company was incorporated in 1980 and is based in Secunderabad, India. TechNVision Ventures Limited is a subsidiary of Tiebeam Technologies India Pvt. Ltd.

Founded in 1980

technvision ventures ltd (501421) Top Compensated Officers

Managing Director and Director
Total Annual Compensation: --
Compliance Officer and Executive Director
Total Annual Compensation: 584.2K
Compensation as of Fiscal Year 2014.

technvision ventures ltd (501421) Key Developments

TechNVision Ventures Limited Announces Unaudited Standalone and Consolidated Earnings Results for the First Quarter Ended June 30, 2015

TechNVision Ventures Limited announced unaudited standalone and consolidated earnings results for the first quarter ended June 30, 2015. For the quarter on standalone basis, the company reported net sales of INR 13.382 million compared to INR 11.514 million reported a year ago. Profit from operations before other income, finance costs and exceptional items was INR 0.211 million compared to loss of INR 0.311 million reported a year ago. Profit from ordinary activities before tax was INR 0.206 million compared to loss of INR 0.178 million reported a year ago. Net profit was INR 0.137 million or INR 0.02 per basic and diluted share before and after extraordinary items compared to net loss of INR 0.008 million or INR 0.00 per basic and diluted share before and after extraordinary items reported a year ago. For the quarter on consolidated basis, the company reported net sales of INR 70.036 million compared to INR 61.354 million reported a year ago. Loss from operations before other income, finance costs and exceptional items was INR 1.038 million compared to profit of INR 3.672 million reported a year ago. Loss from ordinary activities before tax was INR 1.045 million compared to profit of INR 3.769 million reported a year ago. Net loss was INR 1.572 million or INR 0.17 per basic and diluted share before and after extraordinary items compared to net profit of INR 3.585 million or INR 0.37 per basic and diluted share before and after extraordinary items reported a year ago.

TechNVision Ventures Limited to Report Q1, 2016 Results on Jul 24, 2015

TechNVision Ventures Limited announced that they will report Q1, 2016 results on Jul 24, 2015

TechNVision Ventures Limited, Board Meeting, Jul 24, 2015

TechNVision Ventures Limited, Board Meeting, Jul 24, 2015. Agenda: To consider, approve and take on record the unaudited financial results for the first quarter ended on July 30, 2015.

 

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Price/Sales 0.6x
Price/Book 0.8x
Price/Cash Flow 10.8x
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