A RISING STAR?

Article Abstract:

The scrip of RS Software Ltd (RSSL), a software company, seems to be good for medium to long term investment. The scrip which is trading at Rs145, is a good investment proposal considering RSSL's performance during 1997-98 and its strong order book position of Rs8 crore. RSSL's plans of focusing on the development of software for offshore projects has proved to beneficial to it. During 1997-98, it posted a 16 percent rise in its income on a year-on-year (y-o-y) basis and a 113 percent rise in its net profit. It derives 45 percent of its revenues from on- site projects, 35 percent from offshore projects and 20 percent from Y2K projects. RSSL plans to consolidate its position in the US market and to market its products in the US as well as European markets. (ag) ------------------------------------------------------------ Financial Results: RS Software Ltd (Rs in crore) ------------------------------------------------------------ Particulars 1997-98 1996-97 ------------------------------------------------------------ Sales 24.40 28.20 ------------------------------------------------------------ Profit before depreciation, interest & tax 4.29 5.51 ------------------------------------------------------------ Interest 1.75 1.27 ------------------------------------------------------------ Profit before depreciation & tax 2.54 4.24 ------------------------------------------------------------ Depreciation 1.12 1.21 ------------------------------------------------------------ Profit before tax 1.42 3.03 ------------------------------------------------------------ Tax - - ------------------------------------------------------------ Net Profit 1.42 3.03 ------------------------------------------------------------ Earnings Per share (Rs) 3.26 6.46 ------------------------------------------------------------

Comment:

Plans of focusing on the development of software for offshore projects has proved to beneficial to it

Strategy & planning, India, Article, RS Software Ltd.

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ZILOG, DACS IN JV TO DEVELOP TOOLS FOR DEVELOPER STUDIO

Article Abstract:

ZiLOG Inc of US has entered into a joint venture with Digital and Analog Computing Services (DACS) of Bangalore. ZiLOG Inc supplies semiconductor products for home entertainment, communications and integrated control markets. DACS will develop tools that can integrate with ZiLOG Developer Studio. DACS had earlier signed a contract with ZiLOG for development of real-time operating systems to be used in ZiLOG's new chips. Both the contracts are valued at $450,000. DACS is engaged in Windows NT applications and internals, digital signal processing applications, speech recognition and compiler construction. (uh)(vr)

United States, Semiconductors and related devices, Semiconductor Devices, Semiconductor and Related Device Manufacturing, Prepackaged software, Strategic alliances, Zilog Inc., Digital and Analog Computing Services, ZLG

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