C. K. Shastri
Founder & Managing Director
Intense Technologies Ltd.
I am pleased to inform that your company had a good financial year 19-20.
The trust of our clients and the dedication of our employees helped us achieve 0good results. This year consolidated revenues stood at' 7027.69 lakhs compared to Rs5801.82 lakhs last year with EBITDA of Rs 2322.38 lakhs compared to EBITDA of Rs1272.18 lakhs last year an increase of 82.55%. The profit after tax is Rs 1736.88lakhs an increase of 98.58 % with an EPS of Rs 8.38. All the overseas subsidiaries of thecompany have contributed positively during the year under review. We have had a veryproductive year with new growth and transformation initiatives that helped deploypowerful solutions and win some noteworthy deals. I am happy to inform you that the Boardof Directors recommended a dividend of 10% per equity share of face value of Rs 2/- eachfor the financial year ended March 312020.
The dividend thus announced was for second successive year.
Amid the outbreak of novel coronavirus or COVID-19 our priority is to safeguard thehealth and well-being of our employees while continuing to support our customers'mission-critical activities globally. Keeping in view the health and safety of ouremployees we had 100% work from home enabling them with required infrastructure networkand complete security. We have received feedback from customers in recent weeksappreciating and expressing gratitude for how our teams went above and beyond to helpbusinesses cope with the new reality of the digital world.
Now more than ever it's important that we make it possible for our customers tocontinue operations and respond to the unique Digital customer demands they are facingglobally. Our leadership team is taking steps to ensure safety in the best interest ofemployees managing operations and working towards seizing the digital opportunities. Weare making significant investments in sales and marketing to increase our marketpenetration and build healthy pipeline forthe future.
This gives me immense pride as we continue to spearhead our innovation in solving keybusiness problems with our platform UniServe NXT. Digital-First means empoweringyour citizen and IT developers while enabling enterprises to focus on evolving digitalbusiness needs changing regulatory compliances and delivering delightful customerexperience. Our digital automation platform empowers business users to developapplications with minimal coding while improving business speed and agility.
With rich user interfaces workflows and forms that deliver interactive applicationsuse of advanced AI/ML capabilities of the platform and leveraging DevOps for continuousintegration/deployment pipeline management UniServe NXT enables enterprises toembark on a digital transformation journey seamlessly.
In yet another milestone development- a proud moment for us our platform has beenselected for one of the largest mission critical e-governance project through alargeSystem Integrator impacting billions of dollars of revenue and being deployed at anational scale. 1
This is a huge validation of the capability of our platform UniServe NXT andwill help us inestablishing the superiority of our technology. The deal will addsignificantly to the top and bottom line of the company. We believe that leveragingtechnology to deliver mission-critical enterprise-class applications at scale is thecornerstone of the business impact we deliver.
With our innovative offerings we have added new customers in the customer experiencemanagement domain and our customer engagement solutions are being deployed by largeGovernments Banks and Telecoms. We continue to spearhead our business by supporting ourexisting marquee customers across telecom banking government and insurance verticals.
This year we have been positioned as a 'Leader' in the 2020 Aspire Leaderboard BusinessAutomation grid and as a 'Focused' vendor in the Overall Leaders for CCM CommunicationComposition and Omni-channel orchestration grids. We have also been named in GartnerMarket Guide as one of the Representative Vendors of the Customer CommunicationsManagement. We have also been featured in The Enterprise World as one of the TheMost Trustworthy Consulting Companies in 2019.
The disruptions caused by COVID-19 have reinforced the importance of the Digital-Firstshifting the focus on our expertise and capabilities that we deliver. Today enterprisesare discovering that investing in Low- code Al and automation is the best businesscontinuity plan. Consequently we expect many customers to accelerate their coretransformation initiatives and adoption of digital self-service channels in the future.
Our platform's core strengths lie in advanced technologies such as ArtificialIntelligence Low-code Robotic Process Automation and Microservices. These empowerenterprises with abilities to cut IT budgets by more than 50% improve time to marketbuild their own enterprise applications and reengineertheir processes; a value propositionthat will help enterprises in their transformation journey. UniServe NXT provides acustomer success platform that allows organizations to connect with their customers in awhole new way in the New-age.
As we navigate these uncertain times we look forward to your continued support. Wethank all the stakeholders - customers partners employees shareholders financialinstitutions and banks fortheir immense faith in the company.
At the heart of our transformation journey is taking care of our customers and ourpeople who are delivering every day for our customers.
|C. K. Shastri |
|Chairman & Managing Director |