XT Global Infotech Ltd.
Snapshot View

42.80 +3.05 ▲7.7%

26 July 2021, 11:11:00 A.M.
Volume: 43,677

Overview View Details

Sector Information Technology Compare with Sector peers
Industry IT - Software Compare with Industry peers
Website http://www.fitlindia.com
Financial Indicators
Market Cap 476.87 Cr.
Earnings per share (EPS) 1.68 Trailing Twelve Months Ending 2021-03
Price-Earning Ratio (PE) 23.64 Trailing Twelve Months Ending 2021-03
Industry PE 32.35 Trailing Twelve Months Ending 2021-03
Book Value / Share 6.39 Trailing Twelve Months Ending 2021-03
Price to Book Value 6.22 Calculated using Price: 39.75
Dividend Yield 0.00 Period Ending 2020-03
No. of Shares Subscribed 12.00 Cr. 119,967,627 Shares
FaceValue 1
Company Profile

Established in 1986, Frontier Information Technologies founded by V K Premchand, is one of the pioneers in software development in India. It is founded and backed by a group of highly qualified professionals with rich and varied experience in successfully implementing complex software projects both in India and abroad. Frontier has its US office at Dallas (Texas) and its Indian office is located at Hyderabad, AP.

The company is engaged in on-site Consultancy Services, Offshore Software Development, Product Development, e-Commerce and Internet enabled Services. Frontier offers consultants of highest quality with excellent academic records, who have been screened for technical competence, communication skills and work attitude before placing them on international assignments.

These consultants initially gain experience while executing domestic projects. They are then evaluated for their suitability for foreign assignments before a final selection is made. Frontier also undertakes onsite software development at client's location or Frontier's International development center whenever required.

Frontier’s senior managers were involved in the implementation of offshore and onsite projects for international clients such as Cumberland Farms (USA), Liberty Mutual Insurance (USA), Lombard Odier and Cie (Switzerland), San Jose Mercury News (USA), Honda Motors (Japan) and Wright Express (USA).

Frontier has offices at Dallas (Texas), San Jose (California), Hartford (Connecticut), Middlesex (UK), Frankfurt (Germany) and Riyadh (Saudi Arabia) with its Indian offices located at Hyderabad, India.

Frontier has more than 300 highly qualified IT professionals of which more than 80% are engineers and a significant number possess degrees from Indian Institutes of Technology, the premier educational institutions of India.

Frontier is an suthorised Sun Microsystems Education Center Program Affiliate, a program member of ORACLE, an authorised partner of SilverStream and Actuate corporation.

Frontier is also an approved vendor for many prestigious companies like Sun Microsystems, Rational Software and Philips Semi conductors.

DeCTA (Developing Countries Trade Agency), an organisation operating under British Government, put Frontier among promising Companies from India for Software Exports to Europe.

Products and services offered by the company

LIBRIS

Libris is an Integrated Library Management Software. Some of the prestigious clientele of LIBRIS include,

Master Health  MasterHealth is a fully integrated Hospital Management Software designed to assist in the administration of any modern hospital. MasterHealth has a modular design with over 19 modules covering the entire gamut of hospital operations. MasterHealth meets international standards like HL-7 and its imaging modules are DICOM compliant.Its Web browser based Appointments module enables a patient to fix up appointments through the Hospital website. 

KNETS   Knowledge Evaluation and Training System helps in evaluating the competence of individuals in various areas of software and other domains. KNETS is developed in collaboration with leading academic institutions in India. This product is developed incorporating the latest Internet based technologies.

HIPAA TransKit

Conversion & Reengineering Services

Offshore Maintenance

24 X 7 Support Services For international clients, the company executes projects either on 'Fixed Bid' or on 'Time and Material' basis.

Frontier provides for customer interaction through a high-speed communication link for file transfer, data transfer and voice mail. Video conferencing is used for periodic interaction with clients.

Milestones:

  • 1986   Frontier starts Operations and offers turnkey software solutions.
  • 1989   Frontier embraces Oracle Database Technology for developing its Hospital Information Systems Solution. 
  • 1991  DECTA places Frontier among the top 10 Software Companies in India that could export Software to Europe.
  • 1993 Frontier develops Solution for the Manufacturing Vertical.
  • 1995  Lombard, Odier and Cie contracts Frontier for developing a Charting tool used in Banking Applications.
  • 1996 AMOCO places Frontier in the top of its potential partners list for Offshore development of software.
  • 1999  Netsilica approaches Frontier with a radical new Business plan.
  • 2001  Frontier expands its customer base with IT giants such as Philips Semiconductors, Sun Microsystems, Rational Software, Putnam Investments, CA ISO, Digital Think, Collabria, LA Health Care and Sweeper Metal Fabricators. 

Awards /Achievements:

  • Frontier was the second company in Andhra Pradesh to obtain ISO 9001 certification from BVQI, UK.
  • Developing Countries Trade Agency (DeCTA) - an Independent market Research Agency, under the British Government, identified Frontier, as one of the promising Indian Software Companies for exporting Software to Europe.
  • AMOCO - the American oil giant, put Frontier on the top of its list of potential Indian partners for offshore software development.

Delivery View Details

Delivered Qty
Traded Qty

Performance View Details

1 Day
+7.67%
1 Week
+22.81%
1 Month
+26.63%
3 Month
+102.84%
6 Month
+71.89%
1 Year
+148.69%
2 Year
+1391.29%
5 Year
+7154.24%
1 years 2020-03
Return on Equity (%) 8.95
Return on Capital Employed (%) 7.46
Return on Assets (%) 3.60

Balance Sheet View Details

Particulars 1 years 2020-03 Rs. Cr.
Shh. Funds 57
Non Curr. Liab. 38
Curr. Liab. 75
Minority Int.
Equity & Liab. 170
Non Curr. Assets 83
Curr. Assets 87
Misc. Exp. not W/O
Total Assets 170

Profit Loss View Details

Particulars 1 years 2020-03 Rs. Cr.
Net Sales 195
Other Income 1
Total Income 196
Total Expenditure -190
PBIDT 6
Interest -1
Depreciation -1
Taxation 0
Exceptional Items
PAT 4

Cash Flow View Details

Particulars 1 years 2020-03 Rs. Cr.
Cash Fr. Operatn. 17
Cash Fr. Inv. -66
Cash Fr. Finan. 55
Net Change 6
Cash & Cash Eqvt 19

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 51.54 51.54 67.17 68.87 68.32 68.62 69.59 69.59 69.59
Public 48.46 48.46 32.83 31.13 31.68 31.38 30.41 30.41 30.41
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 93.84 0.00

Announcements View Details

Mon, 19 Jul 2021
Format of Initial Disclosure to be made by an entity identified as a Large Corporate
Format of Initial Disclosure to be made by an entity identified as a Large Corporate.

Sr. No. Particulars Details
1Name of CompayXtglobal Infotech Ltd
2CINL72200TG1986PLC006644
3 Outstanding borrowing of company as on 31st March / 31st December as applicable (in Rs cr) 0.00
4Highest Credit Rating during the previous FY NA
4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable
5Name of Stock Exchange# in which the fine shall be paid in case of shortfall in the required borrowing under the frameworkBSE


We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26 2018. No



Name of the Company Secretary: Shikha Gangrade
Designation: Company Secretary Compliance Officer
EmailId: company.secretary@xtglobal.com
Name of the Chief Financial Officer: Raghuram Kusuluri
Designation: Chief Financial Officer
EmailId: company.secretary@xtglobal.com

Date: 19/07/2021

Note: In terms para of 3.2(ii) of the circular beginning F.Y 2022 in the event of shortfall in the mandatory borrowing through debt securities a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore an entity identified as LC shall provide in its initial disclosure for a financial year the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets.
Thu, 15 Jul 2021
Statement Of Investor Complaints For The Quarter Ended June 2021
No.of Investor complaints pending at the beginning of the quarter No.of Investor complaints received during the quarter No.of Investor complaints disposed of during the quarter No.of Investor complaints unresolved at the end of the quarter
0110
Name of the Signatory :- Shikha Gangrade
Designation :- Company Secretary and Compliance Officer
Wed, 14 Jul 2021
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018
Certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations 2018

Technical Scans View Details

Fri, 23 Jul 2021
Stock Outperforming Benchmark Index in both 1 Week and 3 Month Stock Outperforming Benchmark Index in both 1 Week and 3 Month
Stock Outperforming Sectoral Index in both 1 Week and 3 Month Stock Outperforming Sectoral Index in both 1 Week and 3 Month
Strongly Outperforming Benchmark Index Strongly Outperforming Benchmark Index
Increasing Relative Strength - Benchmark index Increasing Relative Strength - Benchmark index
Strongly Outperforming Sectoral Index Strongly Outperforming Sectoral Index

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