S

SoftTech Engineers

(NSE: SOFTTECH)

SOFTTECH

183.95

0.00 (0.00%)

SoftTech Engineers Price Chart

Note: The data used to display charts is delayed by 15 mins as per guidelines.

SoftTech Engineers Price Chart

Note: The data used to display charts is delayed by 15 mins as per guidelines.

SoftTech Engineers Price Summary

Today’s High

188

Today’s Low

170.85

52 Week's High

188

52 Week's Low

170.85

SoftTech Engineers Fundamentals

Market Cap

168.4 Cr

CASA

0.0

No. Of Shares

1.0 Cr

P/E

25.0

P/B

1.4

Face Value

10.0

Dividend Yeild

0.0

Book Value

76.3

Net Interest Income

50.96 L

Cost to Income

NA

Promoter Holdings

40.5

EPS

4.1

CAR

NA

ROE

5.6

ROCE

8.0

Profit Growth

NA

SoftTech Engineers Peer Comparison

COMPANY

PRICE

MCAP (cr)

P/B

P/E

EPS

ROE

ROCE

NII

SoftTech Engineers

183.95

168.4 Cr

1.4

25.0

4.1

5.6

8.0

50.96 L

Palred Technologies

155.35

165.7 Cr

3.5

0.0

-4.5

-15.5

-15.4

78.98 L

IRIS Business Serv

81.8

178.1 Cr

2.4

22.3

1.8

11.4

11.8

20.26 L

Intense Tech

73.7

183.8 Cr

0.9

6.8

4.7

13.5

17.5

14.0K

Compucom Software

23.35

185.5 Cr

0.6

27.5

0.3

2.0

3.1

315.0

Smartlink Holdings

132.6

137.0 Cr

0.6

22.2

3.8

2.6

3.7

12.3

FAQ’s on SoftTech Engineers

About SoftTech Engineers

The company was incorporated as ‘SoftTech Engineers Private Limited’ under the provisions of Companies Act 1956 vide Certificate of Incorporation dated June 17, 1996 at Ahmedabad, Gujarat. Pursuant to a special resolution passed by the shareholders of the company at its Extra-ordinary general meeting held on July 18, 2000 and the order passed by the Company Law Board, Western Region Bench, Mumbai dated October 12, 2001. A certificate of registration of the order of the Company Law Board dated October 12, 2001 confirming transfer of the registered office from State of Gujarat to the State of Maharashtra was issued by the Registrar of Companies, Pune on January 29, 2002.The Registered office of the company was once again shifted to 259, Butte Patil Complex, Dashbhuja Ganpati, Karve Road, Pune – 411030 pursuant to Board resolution dated May 5, 2003.  The Registered office of the company was once again shifted to ‘The Pentagon’, Unit No. 5A, Near Satara Road Telephone Exchange, Shahu College Road, Parvati, Pune 411009 pursuant to Board resolution dated September 1, 2005. The name of the company was subsequently changed to ‘SoftTech Engineers Limited’ pursuant to special resolution passed by the shareholders of the company at the Extra-ordinary general Meeting held on February 22, 2018 and a fresh certificate of incorporation consequent upon conversion from Private Company to Public Company was issued by the RoC, Pune on March 1, 2018.

Business area of the company

The company is a software company which caters to the Architecture, Engineering, and Construction (AEC) verticals. They specialize in developing the product for e-governance and construction ERP products for smart city projects, municipal corporations, urban local bodies, development authorities and work organizations. It also offers 2D and 3D CAD based intelligent and machine learning driven technology which eliminates entire human intervention along with providing Cloud Technology enabled products offered as ‘SaaS’.

SoftTech started by launching its first product - STRUDS in the year 1996, which was used for Structural Analysis and Designing. In the year 2000, it launched another product, ESRGSR, which was also used on the same line. STRUDS and ESR GSR were acquired in the year 2011 by CSC (UK) Limited. The company also launched two new products viz., PWIMS and AutoDCR which have been the flagship products of the company since its launch in the year 2004 and 2005 respectively.

PWIMS provides a complete online solution to Public Works Department (PWD) for e-procurement and work management. AutoDCR is a software for automation of building permits approvals which is used by the government authorities in scrutinizing and automating the building permits based on the CAD based building plan which works on an online system and environment. Riding on the success of these products, the company in the year 2010 launched, OPTICON which caters to the needs of construction contractors and real estate companies by helping them in cost estimating, construction management and overall automation. Softtech got another VC funding round from Rajasthan Venture Capital Fund in the year 2014 which acquired 26.77% stake in the company .

Key Events and Milestones:

  • 1996: Incorporation of the company.
  • 1996: The company released first version of “STRUDS” (Structural Analysis, Design & Detailing Software) for Concrete Building Design.
  • 1997: The sales in 'STRUDS' progressed and the software was accepted by more than 100 customers across India. STRUDS received ACCE – CDC Award for 'Best Software in Civil Engineering' for the year 1997 from Association of Consulting Civil Engineers (India). 
  • 1999: The company’s total team size exceeded 50 in number. 
  • 2000: First version of “SEPL-ESRGSR” software for Structural Analysis, Design & Detailing of Elevated Service Reservoirs & Ground Service Reservoirs was released by the company .
  • 2003: Received venture capital funding from SIDBI Trustee Company Ltd. A/c National Venture Fund.
  • 2004: The company received ISO 9001:2000 certification for quality management in development and marketing of software products and IT solutions.
  • 2004: First implementation of “PWIMS” (Public Works Management System)
  • 2005: The company’s total team size exceeded 100 in number.
  • 2007: The company was awarded the project for maintenance of Auto DCR and BPAMS i.e. the dedicated software for automating the building permission systems by the Pune Municipal Corporation on November 3, 2007.
  • 2007: Their software Auto DCR received worldwide recognition at the World Leadership Awards held at London on December 6, 2007 when the city of Pune was declared to be the winner under Architecture and Civil Engineering category for Automatic Scrutiny of Building Proposals. 
  • 2010: The first version of OPTICON (ERP for Construction Enterprises) was released by the Company. 
  • 2011: The company received ISO 9001:2008 certification for quality service in development and marketing of software products and IT solutions.
  • 2013: The company’s team size exceeded 200 in number.
  • 2013: The company was awarded the project for implementation of Automated Building Permission Approval System (ABPAS) in 14 municipal corporations in the State of Madhya Pradesh for the period June 2013 to December 2018 by the Directorate of Urban Administration & Development, Madhya Pradesh.
  • 2014: Received Venture Capital funding from Rajasthan Trustee Company Private Limited A/c SME Tech Fund RVCF Trust II
  • 2014: Automated Building Permission Approval System (ABPAS) received recognition and acclaim and a National Award in Gold category was presented to Indore Municipal Corporation by the Government of India for innovative use of technology in e-Governance for the year 2013 – 2014.
  • 2017: The company received ISO 9001:2015 certification for its management system in development and marketing of software products and IT solutions.
  • 2017: The company’s team size exceeded 350 in number. 
  • 2018 The company was converted into a Public Company limited by shares and consequently the name of the Company was changed from SoftTech Engineers Private Limited to SoftTech Engineers Limited.

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