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Mr. Hari K.
Listing Department
The National Stock Exchange of India Ltd.
Exchange Plaza, 5th Floor, Plot C/1, G Block
Bandra Kurla Complex, Bandra (E)
Mumbai 400 001
Fax No.: 26598237/38
The Manager
Listing Department
Bombay Stock Exchange Limited
Phiroze Jeejeebhoy Tower
Dalal Street
Mumbai 400 051
Fax No.: 22723719/
Dear Sirs,
Sub: Media Release
Please find attached herewith a media release being issued today announcing that Geometrics
revenues grow 11.6% in FY16.
This is for your information and records.
Kindly acknowledge receipt of the same.
Thanking you,
Yours Faithfully,
For Geometric Ltd.
Sunipa Ghosh
Company Secretary & Compliance Officer.
Encl.: a/a.
Media Release
For immediate release
Geometric Limited
Regd. office: Plant No.11, 3rd Floor,
Pirojshanagar, Vikhroli (West),
Mumbai 400 079
Tel + 91.22.67056500
Fax + 91.22.67056891
Revenues in USD terms grew 4.4% to USD 188.49 Mn in FY16 from USD 180.61 Mn in FY15
In INR, revenues stood at INR 12,334.57 Mn as against INR 11,053.01 Mn, a growth of 11.6%
Revenues for Geometric (excluding the joint venture company) showed a 3.9% growth to USD
138.22 Mn from USD 132.98 Mn in the previous year
Consolidated Profit after Tax almost doubled to INR 1,053.47 Mn from INR 551.63 Mn
The Board recommended that the interim dividend Rs. 3 per equity share of Rs. 2 each paid
during financial year ended March 31, 2016 be confirmed as the final dividend for the FY 2015-16
at the 22nd Annual General Meeting
Added 3 new customers during the year
Highlights for the quarter ended March 31, 2016 (Q4 FY16)
Consolidated Profit after Tax of the Company stood at INR 342.54 Mn as against INR 289.43 Mn
in the previous quarter and INR 32.92 in the corresponding quarter last year; a growth of 18.4%
and ~9x (940.7%) respectively
Continued focus on margin improvement led to EBITDA margins of 16.2% for Geometric
(excluding the joint venture)
Signed new deals worth USD 14.52 Mn
Record high EPS of Rs. 5.27
The Company declared operating revenues of USD 46.55 Mn for the quarter, compared to revenues of
USD 47.68 Mn in Q3FY16 and USD 42.92 Mn in Q4FY15. In INR terms, revenues stood at INR 3,127.04 Mn
in comparison to INR 3,148.46 Mn in the previous quarter and INR 2,679.00 Mn in the corresponding
quarter last year. Geometrics revenues excluding its joint venture company were at USD 34.44 Mn as
against USD 35.24 Mn in Q3 FY16 and USD 31.45 Mn in Q4FY15.
Mr. Manu Parpia, Managing Director & CEO said, FY16 has been a landmark year for us. Our concerted
efforts led to a transformation of our business reflected in improved margins. We are now at a level
comparable with our peers and can look to investing in creating solutions, which can drive further
1
growth.
The company had a total employee strength of over 4700 employees as of March 31, 2016, including its
subsidiaries.
Key wins and additional business highlights for Q4 FY16
The Company signed new deals worth USD 14.52 Mn. Some of the significant wins in this quarter include:
About Geometric
Geometric is a specialist in the domain of engineering solutions, services and technologies. Its portfolio of
Global Engineering services, Product Lifecycle Management (PLM) solutions, Embedded System solutions, and
Digital Technology solutions enables companies to formulate, implement, and execute global engineering and
manufacturing strategies aimed at achieving greater efficiencies in the product realization lifecycle.
Listed on the Bombay and National stock exchanges in India, the company recorded consolidated revenues of
Rupees 12.33 billion (US Dollars 188.49 million) for the year ended March 2016. It employs over 4700 people
across 14 global delivery locations in the US, France, Germany, Romania, India, and China. Geometric has been
assessed at Maturity Level 3 for CMMI 1.3-Development and CMMI 1.3-Services for its Software and
Engineering Services business units and is ISO 9001:2008 certified for engineering operations. The companys
operations are also ISO 27001:2005 certified.
The copyright/ trademarks of all products referenced herein are held by their respective companies.