Firstobject Technologies Ltd.
Snapshot View

5.76 +0.11 ▲2.0%

03 August 2021, 04:00:00 P.M.
Volume: 1,816

Overview View Details

Sector Information Technology Compare with Sector peers
Industry IT - Software Compare with Industry peers
Website http://www.firstobjectindia.com
Financial Indicators
Market Cap 5.99 Cr.
Earnings per share (EPS) -6.77 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) - Trailing Twelve Months Ending 2021-03
Industry PE 33.09 Trailing Twelve Months Ending 2021-03
Book Value / Share 15.26 Trailing Twelve Months Ending 2021-03
Price to Book Value 0.38 Calculated using Price: 5.76
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 1.04 Cr. 10,402,755 Shares
FaceValue 10
Company Profile

FirstObject Technologies (FTL) was incorporated as IQMS Software Limited on March 3, 2000 as a public limited company, under the provisions of the companies Act, 1956. The company obtained certificate for Commencement of Business on 13th March, 2000.

The company is a provider of integrated business, technology and process solutions on a global delivery platform.

In the year 2000, the company went for and Initial Public Offering (IPO). FTL is today listed on the Bombay Stock Exchange (BSE) Mumbai enjoys B Group Listing on BSE.

FirstObject as a management consulting, technology services and outsourcing company, combines unparalleled experience, comprehensive capabilities across all industries as well as business functions, and extensive research on the world's most successful companies. It collaborates with clients to help them become high-performance businesses.

India, Middle East and USA IT business units of FirstObject are one of the fastest growing companies. The business units offer a 360 degree service portfolio spanning the entire IT life cycle. This includes Consulting, Business Solutions, System Integration, Infrastructure, Application Management and Total Outsourcing services where we service all IT needs of a customer, end-to-end.

During the period between 2001 and 2003, the company was into development and implementation of software under the Enterprise Resource Planning (also know as ERP) and in the course had taken up ERP consulting and development of proprietary application software for the implementation of ERP. Though the business of ERP kick started well, but due to the recession in USA during 2001 and 2003, the consulting business of the company got affected. Subsequent to which the product development business also got affected.

From 2003 to 2007, the company went into the stage of cash flow crisis and on course non maintenance of staff and developers and all the projects remained unattended and unfinished. The promoters and directors could not find any good scheme to revamp the organization and bring back the company from the situation that it was in between 2003 and 2007.

The company in the financial year 2007-08, with the help of strategic investors and restructuring advisors, with the induction of fresh equity through preferential issuance has been brought back into stream of the business. FTL has piloted the projects successfully and able to get some good clients and the company has turned around for the first time during 2007-08.

The company added many reputed and established personalities on to its board under whose direction and guidance the company has achieved its Turn Around in 2007-08.

The company also added its consolidated strength through its subsidiary by name Tractel Solutions Inc, USA and entered into various strategic alliances with leading companies in the world for business verticals and added to its forte the world’s leading clients through its KPO division.

FirstObject as a part of its business restructuring and strengthening process has entered into a strategic alliance with Object Xperts Inc, USA.

FirstObject Technologies has minority stake in Octant Interactive Technologies Limited. Whose, interactive technology based emergency medical care IPR’s are awaiting the commercial launch on a grand scale and the company is poised for bidding High Value Contracts for these specialized services.

FirstObject offers deep industry expertise for:

  • Automotive
  • Consumer Products, Retail and Distribution
  • Energy, Utilities and Chemicals
  • Financial Services
  • Healthcare
  • Life Sciences
  • Manufacturing
  • Public Sector
  • Telecom, Media Entertainment

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+1.95%
1 Week
-3.03%
1 Month
-6.80%
3 Month
+20.0%
6 Month
+15.20%
1 Year
+33.95%
2 Year
-36.21%
5 Year
-38.20%
9 years 2012-03 2013-03 2014-03 2015-03 2016-03 2017-03 2018-03 2019-03 2020-03
Return on Equity (%) -0.51 0.43 -13.66 -5.11 0.17 0.38 0.39 -5.86 -18.76
Return on Capital Employed (%) 1.12 0.41 -14.22 -5.67 1.64 0.99 0.80 -5.58 -17.82
Return on Assets (%) -0.38 0.34 -11.79 -4.48 0.15 0.34 0.36 -5.35 -16.87

Balance Sheet View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Shh. Funds 41 41 36 34 31 31 31 29 23
Non Curr. Liab. 3 3 3 3 2 2 2 2 2
Curr. Liab. 12 4 2 2 1 1 1 1 1
Minority Int.
Equity & Liab. 56 48 42 38 34 34 34 31 26
Non Curr. Assets 32 25 20 16 13 13 17 21 22
Curr. Assets 24 23 22 22 21 21 17 11 5
Misc. Exp. not W/O
Total Assets 56 48 42 38 34 34 34 31 26

Profit Loss View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Net Sales 64 63 45 28 14 15 10 7 1
Other Income 1 1 1 1 1 0 0 0 0
Total Income 64 64 46 28 15 15 10 7 2
Total Expenditure -56 -57 -47 -25 -14 -14 -9 -6 -2
PBIDT 8 7 -1 3 1 1 1 1 0
Interest 0 0 0 0 0 0 0
Depreciation -8 -7 -4 -3 0 -1 -1 -3 -4
Taxation -1 1 0 0 0 0 0 0
Exceptional Items 0 0 -2 0 0
PAT 0 0 -5 -2 0 0 0 -2 -5

Cash Flow View Details

Particulars 9 years 2012-03 Rs. Cr. 2013-03 Rs. Cr. 2014-03 Rs. Cr. 2015-03 Rs. Cr. 2016-03 Rs. Cr. 2017-03 Rs. Cr. 2018-03 Rs. Cr. 2019-03 Rs. Cr. 2020-03 Rs. Cr.
Cash Fr. Operatn. 5 3 -2 0 1 1 5 8 5
Cash Fr. Inv. -5 0 1 -1 -1 -5 -8 -5
Cash Fr. Finan. 0 -3 2 0 -1 0 0 0
Net Change 0 0 0 0 0
Cash & Cash Eqvt 0 0 0 0 0 0 0 0 0

Shareholding Pattern View Details

9 Qtrs 2019-06 (%) 2019-09 (%) 2019-12 (%) 2020-03 (%) 2020-06 (%) 2020-09 (%) 2020-12 (%) 2021-03 (%) 2021-06 (%)
Promoter 62.85 62.85 62.85 62.85 62.85 62.85 62.32 56.56 43.10
Public 37.15 37.15 37.15 37.15 37.15 37.15 37.68 43.44 56.90
Depository Receipts 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Promoter Holding Pledge (%) 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00

Announcements View Details

Mon, 02 Aug 2021
Board Meeting Intimation for Firstobject Technologies Limited - Board Meeting Notice
FIRSTOBJECT TECHNOLOGIES LTD.has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 13/08/2021 inter alia to consider and approve Dear Sir

The Board of Directors of the company is scheduled to meet on 13th August 2021 interalia to consider the following:-

1. To consider and approve the Un-Audited Financial Results of the company for the First quarter ended 30th June 2021..

2. Any other business with the permission of Chair.

Please take the above into your consideration.

For Firstobject Technologies Limited

Authorised Signatory/ Compliance Officer
Tue, 20 Jul 2021
Firstobject Technologies Limited - Non Applicability Of Initial Disclosure - Fund Raising By Issuance Of Debt Securities Ref: SEBI Circular No. SEBI/HO/DDHS/CIR/P/2018/144 Dated 26Th November 2018
Dear
Sir
Pursuant to SEBI Circular No SEBI/HO/DDHS/CIR/P/2018/144 dated 26th November 2018 relating to Fund raising by issuance of Debt Securities by Large entities we hereby confirm/undertake that our Company do not fall under the criteria of Large Corporate as on 31st March 2021 as mentioned in the Circular. Hence the requirement of making Initial Disclosure is not applicable to us.

Please take note of same.

Thanking you

Yours faithfully
For Firstobject Technologies Ltd.

Compliance Officer/Authorised Signatory
Tue, 20 Jul 2021
Non-Applicability Of Regulation 23(9) Of SEBI (LODR) Regulation 2015
Dear Sir

We would like to bring it to your kind notice that the disclosure under Regulation 23(9) is not applicable to our company as our company doesnt have any related party transactions on standalone basis and our companys financials are on standalone basis only and the company is not having any holding or subsidiary or joint venture or any related party transactions.

Hence the Company is not required to submit the Related Party Transaction disclosures as required under regulation 23(9) of SEBI (LODR) Regulations 2015.

Further we have already made the disclosure of the non-applicability of related party transactions in the Corporate Governance report filed by our company for the quarter ended June 2021.

You are requested to take the same on your records.

For Firstobject Technologies Ltd.

Compliance officer/Authorised Signatory

Technical Scans View Details

Tue, 03 Aug 2021
High Delivery Percentage High Delivery Percentage
Close Crossing Last Month Close From Below Close Crossing Last Month Close From Below
Opening at Low Opening at Low
Closing Above Previous High Closing Above Previous High
ROC Trending Up ROC Trending Up

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