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Sasken Technologies Ltd share Price

Company details

6M Return 33.55%
1Y Return 25.14%
Mkt Cap.(Cr) 1,591.87
Volume 11,020
Div Yield 2.37%
OI Chg %
Volume 11,020

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IT consulting & software company Sasken Technologies announced consolidated Q1FY24 results:

  • Revenues for Q1FY24 at Rs 98.49 crore
    • Down 4.3% sequentially over Q4FY23
    • Down 2.8% YoY from Q1FY23
  • EBIT for Q1FY24 at Rs 7.43 crore
    • Down 40.0% sequentially over Q4FY23
    • Down 71.3% YoY from Q1FY23
    • EBIT margins for Q1FY24 at 7.5%
  • PAT for Q1FY24 at Rs 25.70 crore
    • Up 50.6% sequentially over Q4FY23
    • Up 68.7% YoY from Q1FY23
    • PAT margins for the quarter at 26.1%
  • Revenue contribution from the top 5 customers stood at 42.0% and from the Top 10 customers at 63.0%
  • The total number of active customers to 47.
  • Consolidated EPS was at Rs 17.08 for Q1FY24.

Speaking on the company's performance Abhijit Kabra, Sasken's CEO said, "We are continuing to efficiently navigate through challenges by delivering value through our capabilities and innovative solutions to our clients. The early feedback from our customers for our growth strategy seems very favourable. As such, despite the current headwinds, we are confident of our long-term growth trajectory underpinned by innovative and differentiated value propositions to our customers.”


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Operating Profit
Profit after Tax
Reserves and Surplus
Operating Profit
Profit after Tax

Sasken Technologies Ltd Stocks COMPARISION


Equity Capital: 653.54 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 18,676.55 -6,386.02
LAST 3M 37,244.98 6,086.45
LAST 6M 47,342.46 153,492.54
LAST 12M 133,811.11 156,210.35
Sasken Technologies Limited - Trading Window

Sep 18, 2023 l NSE Announcement

Board Meetings Forthcomming

Sep 18, 2023 l Board Meetings Forthcomming

NSE Board Meetings Forthcomming

Sep 18, 2023 l NSE Board Meetings Forthcomming

Date Action Type Ratio
Jul 21, 2023 Dividend 130
Oct 31, 2022 Dividend 120
Jul 14, 2022 Dividend 130

Sasken Technologies Ltd Information

Stock PE (TTM)
Promoter Holding
Book Value
  • Sasken Communication Technology Limited (SCTL), SEI CMM Level 5 certified embedded communications solutions company, which was incorporated on 13th February 1989 as ASIC Technologies Private Limited in the State of Gujarat. The Company helps businesses across the communications value chain accelerate product development life cycles. Sasken offers a unique combination of research and development consultancy, wireless software products and software services, and works with Network OEMs, Semiconductor Vendors, Terminal Device OEMs and Operators across the world. In addition to being directly involved in the development of a variety of technologies, Sasken is a member of premier technology bodies including ITU, 3GPP, GCF, MPEG-ISO, WiMAX, NFC, DLNA and ATM, DSL & SDR forums. The Company`s name was changed to Silicon Automation Systems (India) Private Limited in October of the year 1992. After a year, in 1993, SCTL had shifted its registered office from the State of Gujarat to the State of Karnataka and also in the same year, the company received the first contract in the telecom space. During the year 1994, Sasken had begun investing in research and development in the telecom space. An ISO 9001:1994 compliant certification was obtained by the company in the year 1996 and in the identical year, SCTL started to participate in standards bodies such as ITU/T. The first licensing deal in the DSL technology space was awarded to the company in the year of 1997. The name of the company was changed from Silicon Automation Systems (India) Private Limited to Silicon Automation Systems Limited in December of the 1998. On 17th October of the year 2000, the company got its present name Sasken Communication Technologies Limited. During the same year of 2000, the company awarded its first licensing deal in the wireless space. An ISO9001: 2000 compliant certification was handed over to the company in period of 2001 and in immediate next year, SCTL assessed at SEI CMM Level 5, awarded the NHRD award for lifetime achievement. Also, the company ranked 14th in the Business Today-Hewitt survey for Best Employers in India during the identical year of 2002. During the year 2003, the company got improved, ranked first in the Business Today-Mercer survey for Best Employers in India, and ranked sixth in the Dataquest and Business World-Great Places to Work surveys. Also in the same year, SCTL had received TL9000 and BS7799 certification. In 2005, the company had entered into capital market by the way of Initial Public Offerings. Sasken acquired iSoftTech Private Limited, Chennai in June 2006 and also acquired 100% stake in Botnia Hightech(Now Sasken Finland) headquartered in Kaustinen, Finland during September of the year 2006, with other offices in Tampere, Oulu and Turku in Finland. In January 2007, Sasken entered into a Joint Venture with Tata Autocomp (A prominent member of Tata Group) known as TACO Sasken Automotive Electronics Pvt Ltd (TSAE). The JV focuses on automotive electronic products in the areas of telematics, infotainment and occupant convenience. SCTL Joined the Near Field Communication (NEC) Forum, a non-profit industry association advancing the use of NFC technology, as an associate member in the year 2007. Nokia had transferred its adaptation software R&D operations in Bochum, Germany to the company in June 2008 and July of the same year, SCTL made its first NFC Software Stack partner agreement with Innovision Research and Technology (UK). During 2014, Sasken Communication Technologies Oy, was merged with its wholly owned subsidiary, viz. Sasken Finland Oy which became effective on April 1, 2014. The Board of Directors at their meeting held on September 14, 2015 considered the Amalgamation of Sasken Network Engineering Limited (SNEL) (Transferor Company) with its Holding Company, Sasken Technologies (Transferee Company), to be effected through a Scheme of Amalgamation with the Appointed Date as April 01, 2015.

Registered Address

No 139/25 Domlur Layout, Ring Road Domlur Post, Bangalore, Karnataka, 560071

Tel : 91-80-66943000
Email : investor:sasken.com
Website : http://www.sasken.com

Karvy Computershare Pvt Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 532663
Book Closure Date (Month) :
BSE Group : B
ISIN : INE231F01020

FAQ’s on Sasken Technologies Ltd Shares

You can buy Sasken Technologies Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Sasken Technologies Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Sep 22, 2023 03:50 PM the closing price of Sasken Technologies Ltd was ₹ 1,057.65.

Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Sep 22, 2023 03:50 PM, the market cap of Sasken Technologies Ltd stood at ₹ 1,591.87.

The latest PE ratio of Sasken Technologies Ltd as of Sep 22, 2023 03:50 PM is 14.44

The latest PB ratio of Sasken Technologies Ltd as of Sep 22, 2023 03:50 PM is 0.45

The 52-week high of Sasken Technologies Ltd is ₹ 1,169.80 while the 52-week low is ₹ 770.00

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