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DC Infotech & Communication Ltd

You are Here : Home > Markets > CompanyInformation > Company Background
BSE Code : 543636 | NSE Symbol : DCI | ISIN : INE0A1101019 | Industry : Trading |


Chairman's Speech

Dear All,

The last two fiscal years have been distraught with the COVID-19 pandemic, which led to a global slowdown across sectors and in the overall economy. Over the span of the three waves of the pandemic, businesses as well as consumer sentiment were damp. This also brought in a new wave of digitization revving up, also with it digital security demand arose. As Markets open up, demand has been upbeat, and we have been seeing a robust recovery especially since the second half of FY22.

Despite the headwinds over the last year, the company has continued on its growth trajectory and found new opportunities even during the slowdown. In the financial year ended 31stMarch 2022we reported a 37.7% year-on-year growth in revenue at Rs. 232.5 cr, while EBITDA and PAT stood at Rs. 7.3 cr and Rs. 4.0 cr, a year-on-year growth of 38.5% and 82.3%, respectively. Our diverse product portfolio, value-added business model, and widespread network enabled us to navigate through turbulent phases successfully.

The shift to work from home has gained mass adoption and even after reopening of lockdowns, many enterprises continue to offer this format of work. Even educational institutions were conducting sessions online till January/February 2022, with many continuing the online option as well. This has given rise to a new and sustained line of demand, which greatly benefits our sector.

With this paradigm shift underway, there is an increasing need for network security solutions, especially at an enterprise level. As more and more business activitiesgo online, data breaches and network hacks are prevalent, generating the need for robust digital security. This is where DC Info comes in, with our core competency in digital installations and end-to-end solutions, we offer a value-added proposition to our consumers.

The year has been quite eventful for the Company. We continued to build our brand and product portfolio, with new additions, the latest one being Versa Networks. Versa is one of the leading networking solutions provider. We won their mandate for India as well as the SAARC region. Some other client additions include Suzuki Motors Gujarat, Bluestar and Tata Play, among others.

Moreover, we won several awards during the year from our partners, such as D-Link and Samsung, for our contribution to their business. To cater to the growing demand, we recently opened a new branch in Surat, Gujarat. This branch offers our entire bouquet of products and solutions, and strengthens our foothold in the domestic market, especially the western region.

Looking ahead in the post-pandemic era, with recovering consumer sentiment and rising digitization, we foresee a boom in demand for IT, networking,securitysolutions and Unified communication. With our Solution and service focused business model and cutting-edge technology offerings, we are well positioned to leverage future growth opportunities.

Despite the setback from the COVID-19 crisis,ouraimto be instrumental in the digitization, our overall vision remains intact. I would like to thank the entire team of DC Info for the hard work and dedication with which they move this Company forward, as well as all the stakeholders, whose support helps us to drive the company forward.