|Market Cap||898 Cr||EPS||-2.7||High||74|
|Stock P/E||0.0||Net Profit Margin||5.0||Low||72.4|
|Market Cap||898 Cr||ROE||-16.2%|
|P/B Ratio||1.5||Dividend Yield||0.0%|
|Industry P/E||60.5||Book Value||48.4|
About the Company
AGS Transact Technologies was one of the largest integrated omni-channel payment solutions provider in India in terms of providing digital and cash-based solutions to banks and corporate clients, as of March 31, 2021. It provides customised products and services comprising ATM and CRM outsourcing, cash management and digital payment solutions including merchant solutions, transaction processing services and mobile wallets. As of March 31, 2021, the company was the second largest company in India in terms of (i) revenue from ATM managed services under the outsourcing model, and (ii) revenue from cash management and number of ATMs replenished. It also pioneered IPS with OMCs.
The company started providing banking automation solutions in India in 2004. It deployed products from international solution providers such as Diebold Nixdorf and established its own country-wide service infrastructure and automation solutions expertise to provide related services. Beginning in 2009, it leveraged its banking automation solutions expertise and service reach to offer ATM outsourcing and managed services by, among other things, entering into two cooperation agreements with Diebold Nixdorf for banking and retail products. As part of its strategy to strengthen its presence in the cash value chain, offer an integrated payments platform and improve its operational efficiencies, it commenced offering transaction switching services in 2011 and cash management services in 2012. In 2014, it expanded its offerings into digital payment solutions, enhancing its integrated digital platform and Software-as-a-Service (SaaS) capabilities. In 2016, it also entered into an alliance with ACI Worldwide (ACI), a leading international payments solution provider, which has further strengthened its value proposition to customers.
Business area of the company
The company operate its business in Payment Solutions; Banking Automation Solutions; and other Automation Solutions (for customers in the retail, petroleum and colour sectors) segments. The company’s Payment Solutions segment comprises ATM and CRM outsourcing and managed services, cash management services, iCDs, digital payment services which include toll and transit solutions, Fastlane, transaction switching services, services through POS machines and agency banking. Its Banking Automation Solutions business segment, which commenced in 2004, comprises sale of ATMs and CRMs, currency technology products and self-service terminals and related services and upgrades. Its Other Automation Solutions business segment encompasses the sale of machines and related services to customers in the retail, petroleum and colour segments.
Key Awards, Accreditations, Certifications and Recognitions
|Parent Organisation||AGS Transact Technologies Ltd.||Managing Director||Ravi B Goyal|
All values are in Rs Cr
|Company||52 Week||Market Price||P/E Ratio|
Frequently asked questions