Sasken Technologies: Serving global top 10 semiconductor vendors

Video1 : https://youtu.be/5sAqc1fj0S0?si=OCRZtFTe7auNszSf

Video 2: https://youtu.be/I2b5HgxabMk?si=ehtZSF91OUFCcpCf

I love to read about new themes that hold huge potential for India in coming next 10 years. Post reading i try to identify sectors that can supercharge from GDP growth of 6-7% and can they can grow by 2x easily

Then comes the companies that i study and build my story around them

  • Sasken is a specialist in Product Engineering and Digital Transformation providing concept-to-market, chip-tocognition R&D services to global leaders in Semiconductor, Automotive, Industrials, Consumer Electronics, Enterprise Devices, SatCom, Telecom, and Transportation industries. 
  • For over 30 years and with multiple patents, Sasken has transformed the businesses of 100+ Fortune 500 companies, powering more than a billion devices through its services and IP  
  • Semiconductor business remains to engage with global leaders and expand presence across all verticals they address
  • Customers include many corporations who are counted as being part of the global top 10 semiconductor vendors
  • Sasken has deep expertise in cutting edge technologies including 5G, IoT, Industry 4.0, Semiconductors, edge computing, Autonomous vehicles, etc.
    • See significant opportunities for fueling growth in these areas which are key differentiators for Sasken
  • Performance Snapshot for the FY 23 
    • Consolidated Revenues for FY 23 at ₹ 446.98 Crore o Up 3.0 % YoY from FY 22
    • EBIT Margins for the at 21.0 % 
    •  Consolidated PAT for FY 23 at ₹ 99.47 Crore o Down 22.4 % YoY from FY 22 
    •  PAT Margins for the year 22.3 %
  • Performance Snapshot for the Q1 24
    • Added 3 new customers during the quarter, taking the total number of active customers to 60 
    • Consolidated PAT was at ₹ 25.70 crores, up by 50.6% over the previous quarter
    • PAT margin was at 26.1%
    • Cash and cash equivalents were approximately ₹ 645 crores as of June 30, 2023
    •  Top 5 client contribution to revenues:  42.0% 

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