Silver Touch Technologies Limited, incorporated in 1995, stands as a prominent provider of IT Solutions, Digital Transformation, and Emerging Technologies. The company was originally established as "Silver Touch Computers Private Limited" on February 2, 1995, later transitioning to a Public Limited Company as "Silver Touch Computers Limited" on February 5, 2004, and finally adopting its current name "Silver Touch Technologies Limited" on October 13, 2004.
Headquartered in Ahmedabad, Gujarat, Silver Touch is a CMMi5 and ISO-certified company. It delivers a comprehensive suite of services including communication and networking, system integration, software development, web designing and multimedia, e-commerce, SEO, and mobile application development. Recognized as a leading custom software development and quality assurance company, Silver Touch provides complex, world-class software development services across various technology platforms to a diverse clientele, ranging from mid-size companies to large enterprises.
Leveraging extensive knowledge across various industry verticals, Silver Touch designs and develops business-specific software applications that deliver significant value to its clients. The company integrates deep industry expertise with the latest IT advancements to provide custom solutions and products perfectly tailored to user needs and behavior. It specializes in open source, Internet technologies, Enterprise Integration, SaaS, and Cloud-based software solutions.
Silver Touch is at the forefront of helping clients adapt to the digital world by offering cognitive computing, hyper-automation, robotics, cloud, analytics, and other emerging technologies. The company operates through two primary segments: Domestic and Exports. Its extensive service portfolio includes enterprise software services, digital transformation, e-governance solutions, modern workplace services, strategic outsourcing, robotic process automation, enterprise resource planning (ERP) solutions, and cloud solutions.
Silver Touch Technologies has demonstrated consistent financial growth, supported by robust operational performance. The company has delivered good profit growth, with a Compound Annual Growth Rate (CAGR) of 33.4% over the last 5 years.
- Market Capitalization: ₹917 Crore
- Revenue (Trailing 12 months): ₹284.70 Crore
- Annual Revenue Growth: 37%
- Return on Equity (ROE): 14%
- Pre-tax Margin: 10%
- Debt to Equity Ratio: 6%
- Q3 FY2024-25 (December 2024):
- Revenue: ₹74.39 Crore, marking a 39.46% increase year-on-year.
- Net Profit: ₹5.26 Crore, an increase of 12.63% year-on-year.
- Net Profit Margin: 7.07%
- Q2 FY2024-25 (September 2024):
- Net Profit: ₹4.40 Crore, up 21.88% year-on-year.
- 52-week High: ₹844.65
- 52-week Low: ₹610
- P/E Ratio: 55.55
- P/B Ratio: 7.90
- Dividend Yield: 0.07%
From a technical perspective, the stock is positioned strongly, comfortably trading above its key moving averages, approximately 14% above its 50-Day Moving Average (50DMA) and 8% above its 200-Day Moving Average (200DMA).
The company is led by Vipul H Thakkar, who serves as the Chairman and is also a key promoter. Promoter holding is significant at 74.5%, indicating strong insider confidence. Recent regulatory disclosures highlight that promoter Vipul Haridas Thakkar has been actively increasing his stake through additional share acquisitions, reaching 20.37%.
Silver Touch Technologies boasts a strong global footprint, having executed various projects across India and internationally, including countries such as the USA, UK, France, Australia, the Middle East, and Germany. The company has strategically engaged in several domestic and international Joint Ventures, which have been instrumental in expanding its geographical reach and cultivating a diverse clientele.
Silver Touch Technologies Ltd operates within the Information Technology sector, specifically in the IT Services & Consulting sub-sector. The company's primary industry classification is Computers - Software - Medium / Small.
Silver Touch continues its trajectory as a comprehensive IT solutions provider, adeptly leveraging emerging technologies to cater to a diverse global clientele. The company sustains strong financial fundamentals and a consistent growth momentum within the highly competitive IT services landscape.
