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Cybertech Systems & Software Ltd.

BSE: 532173 Sector: IT
NSE: CYBERTECH ISIN Code: INE214A01019
BSE 00:00 | 20 Jul 46.80 2.30
(5.17%)
OPEN

44.50

HIGH

50.15

LOW

43.90

NSE 00:00 | 20 Jul 47.50 2.30
(5.09%)
OPEN

44.60

HIGH

51.00

LOW

44.60

OPEN 44.50
PREVIOUS CLOSE 44.50
VOLUME 14018
52-Week high 93.50
52-Week low 43.80
P/E 65.92
Mkt Cap.(Rs cr) 128
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 44.50
CLOSE 44.50
VOLUME 14018
52-Week high 93.50
52-Week low 43.80
P/E 65.92
Mkt Cap.(Rs cr) 128
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

Cybertech Systems & Software Ltd. (CYBERTECH) - Chairman Speech

Company chairman speech

Dear Shareholders

I am happy to report that we have achieved a revenue growth of 27% in rupee terms forFY17. The year gone by saw steady performance in terms of financial growth while we alsoadded capabilities to be future ready to address the opportunities in the changing marketenvironment. During the year we continued our shift in focus to Spatial Analytics. Ourcloud-based spatial analytics platforms addressing Property Tax Digitalization in Indiaand Intelligence-Led Policing and Population Health in the United States (US) continue togain traction in the market place as we work with our partners Cisco Microsoft Esri andSAP. We believe that our partnerships and alliances will be a key growth driver inCyberTech's future growth. These strategic partnerships give us an opportunity to delivernext-generation IoT-ready spatial analytics offerings to our clients. Let me share keyfinancial highlights of FY17 with you:

• Our operating revenue witnessed a growth of 20% in FY17 in rupee terms and hasgrown at a CAGR of 14.4% from FY11 to FY17

• Our EBITDA for FY17 was Rs 199.3 million (20.3% of total revenue) an increaseof 121% over prior fiscal year. It has grown at a CAGR of 24.6% over the last seven years

• Our PAT grew by 382% for FY17 and grown at a CAGR of 41.8% over the last sevenyears

• The growth was led by strong growth in our Spatial Platform offerings whichconstitutes around 75% of our operating revenue while 25% came from Enterprise Solutionsofferings

• Around 70% of the total revenue constitutes recurring revenue business.

• Board of Directors recommended a dividend of Re. 1/- per equity share for FY17

We continued to add marque clients in our portfolio during the year to our SpatialPlatform offerings and in the government space. A total active client for the year was 44(LTM). This represents a good client base which will allow us to have sustainable growthfor future. During the year Mr. Wim Elfrink a pioneer in IoT Smart Cities andDigitization of Society joined the Company as Chairman of Advisory Board. In comingyears Wim will help drive CyberTech's transition from Success to Leadership in the areasof Advanced Spatial Analytics and Digital Transformation.

The geospatial industry has been expanding at a breakneck speed with ‘geo' gettingembedded in more and more workflows. We are seeing geospatial capabilities beingintegrated into all kinds of systems and they are no longer separate industries. There aresome very interesting shifts happening in the geospatial industry that is affecting almostall industry verticals. A demand for Cloud-based and open-interoperable solutions has ledto a major shift in the business models of the industry. According to Marketsandmarketsreport the geospatial analytics market is estimated to grow at a CAGR of 19.2% during theforecast period of 2016-2021. A thriving requirement for geospatial analytics solutionaccompanied with artificial intelligence and geospatial data's commoditization are theprimary drivers for the market growth. The increased adoption of the geospatial analyticsby the government and public safety organizations for public safety and security isleading to the market growth. To conclude I would say that your Company has set up a pathto transform itself from success to leadership. Over last few years we have madesignificant investments into our development activities to stay ahead in this competitiveenvironment for future growth. The management has made a conscious decision to transformthe business to become a leader in the Cloud-based Spatial Analytics Platform business. Wehave been investing in our spatial platforms and will continue to invest in top-leveltalent to build our IP and deliver a strong sales model. We are confident to see goodgrowth momentum driven by this strategy in coming years.

I would like to thank all our shareholders customers and employees for your continuedsupport and showing trust. Your support helps CyberTech to become a stronger Company everyday.

With regards

VishTadimety

Chairman

Date : August 23 2017

Place : Trevose PA USA