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Cambridge Technology Enterprises Ltd.

BSE: 532801 Sector: IT
NSE: CTE ISIN Code: INE627H01017
BSE 00:00 | 18 Jun 34.90 -1.80
(-4.90%)
OPEN

38.00

HIGH

38.00

LOW

34.90

NSE 00:00 | 18 Jun 34.70 -1.45
(-4.01%)
OPEN

36.45

HIGH

36.45

LOW

34.35

OPEN 38.00
PREVIOUS CLOSE 36.70
VOLUME 3438
52-Week high 53.00
52-Week low 14.80
P/E 34.22
Mkt Cap.(Rs cr) 69
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 38.00
CLOSE 36.70
VOLUME 3438
52-Week high 53.00
52-Week low 14.80
P/E 34.22
Mkt Cap.(Rs cr) 69
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Cambridge Technology Enterprises Ltd. (CTE) - Chairman Speech

Company chairman speech

Dear Shareholders

The client eco system is changing at a rapid pace. Enterprise clients are the ones whoare facing disruption whereas new age clients are the ones who are disrupting businesseswith their innovation.

The good part is all clients are looking at investing in technology to approach thefuture with an edge to take advantage of Al to re-invent and innovate.

Over the last few years we were focused on building the right capacity and capabilityto partner with clients and drive value to them. For instance we are differentiated frommore than 10000 AWS partners globally by achieving competencies in Big Data DevOpsOracle and Managed Services Provider.

We have achieved significant success in building the foundation with growth in employeestrength certified workforce partnerships and marquee clientele who are leaders in theirverticals. We have built a business that is generating good margins as demonstrated by ourPAT margins which have increased by 876 basis points over the last four years.

FY20 is the year in which we will focus on growth and profitability. The company isconfident of staying innovative amid the fastest pace of transformation with its strongfocus on delivery and Al. It aims to consolidate innovation skills and delivery for bestcustomer value.

We are excited to enter into our next phase of growth. Our trained employees deepdelivery capabilities technological expertise client interests demonstrated by excitingnew projects and opportunities show us the path we need to take. With a strong foundationon delivery and Al we are in a positive light to deliver growth.

I would like to take this opportunity to thank our shareholders clients employees andpartners for reposing their trust and confidence on us in this journey.

Aashish Kalra
Chairman & CEO