KANIKA INFOTECH LIMITED
ANNUAL REPORT 2000-2001
It is with considerable pride and humanity, I present our results for 2001.
Pride due to the excellent year we have had and humanity because of the
vast potential before us. I am happy to close this financial year with a
sales revenue of Rs.501.60 lacs, PAT of Rs.97.64 lacs resulting in a gross
margin of 19.47%.
The world is changing, so do technologies, processes, people and the way
you do business. Anticipating this change is great but adopting it might
raise your eyebrows. Nothing to worry about as long as you have the precise
understanding of business and commitment, step into the IT world, graduate
to E-Commerce & see the difference. Secure competitive edge, value-delivery
to customers, overall growth & profitability as those have and will remain
the key drivers of business always, all ways.
Incorporated in 1998, KANIKA has always been instrumental in its efforts to
provide with quality IT-Solutions to numerous companies in India & across
the Globe. Garnering a healthy turnover in the last fiscal year, today
Kanika is one of the front runners in the speedy track of IT Solutions and
Consultancy and has employed more than 100 diehard IT professionals world
wide. Right now, Kanika's functional areas are: E-Commerce, Client Server
Application Management, Product Development, Onsite Consultancy and the
Solutions of Internet domains.
Truly a multi locational company, KANIKA is having hi-tech offices in
India, USA, UK, Singapore, Malaysia, Germany and on the verge of extending
the same at the most prestigious Cyberjaya in Kuala Lumpur, Malaysia. And
Japan, Thailand and Australia are the countries waiting to hear its clarion
call very soon.
A proficient pool of talent is undoubtedly the most precious asset of
Kanika. At Kanika, high quality team of professional with specialized skill
sets and over 750 man years of experience in developing application
software are always there to serve its diets.
The backbone of KANIKA relies heavily on its core values. They are
knowledge sharing, self respect, dedication and commitment, sense of
responsibilities, team spirit.
KANIKA is highly proficient in RDBMS, 4th generation languages, local and
wide area networks and either emerging technologies and methodologies our
level of support in dudes consulting, project management, system analysis,
designing, programming & testing Association with leading technology
providers guise the requisite impetus to kanika's winning fleet. Thus,
Kanika provides complete consultancy and solutions in specialized areas
like; SCM, CRM and ERP with a strategic understanding in the respective
fields, ensuring nothing but an unmatched quality.
KANIKA believes quality alone can do the miracle. To secure utmost customer
satisfaction, your company, always maintain stringent Internal Quality
Management System and also follow a well defined process and methodology
for different types of software projects confirming to the ISO 9001
Not to mention, the company's software development process consultancy get
reviewed and improved based on measurements, project requirements and of
course current trends. Company's Internal quality procedures provide
specific guidelines to ensure consistent delivery to zero defect and
services to all our customers across the globe.
KANIKA is just not another IT Company. We have established domain expertise
in our areas of operation, created the required infrastructure and built up
strong and efficient business processes to offer strong value preposition
to our customers across the world. Acquisition of cutting edge technology
and strong business alliances with global leaders like Microsoft, Oracle
and Bea Systems ensures that Kanika not only builds up on its ability to
meet demanding customer expectations, but also stays current with emerging
trends enabling it to constantly develop and refund skills and expertise.
We intend to aggressively purse the immense opportunities before us and I
firmly believe that our current accomplishments provide a solid base for
future growth and reflect our ability to create superior value for all our
stakeholders i.e. shareholders, customers, employees and business partners.
Place : Kolkata S.S. MALL
Dated : 17th day of August 2001 Chairman