What we do Shradha AI Technologies Ltd focuses on IT hardware trading and software development, offering cloud, AI, machine learning, and IT managed services for businesses. |
Founded in 1,990 |
Market share Emerging technology provider with growing presence in domestic IT hardware and software sectors after listing on BSE in 2023. |
Problem solved Enables businesses to modernize IT infrastructure, leverage AI/ML for data insights, and ensures efficient cloud and software solutions. |
Top clients or who we serve Serves SMEs and enterprises in domestic markets with B2B IT hardware and customized software solutions. |
Key management Sunil Raisoni (Managing Director) leads the company; board composed of experienced independent directors. |
Our journey and innovations Started in 1990 in IT trading; evolved into software development and AI services; major milestone is BSE listing in 2023. |
Where we operate Primarily domestic presence in India with expanding IT hardware and software markets. |
Top products or what we offer IT hardware trading; customized software development; AI, ML, cloud infrastructure services; IT maintenance and security products. |
Top brands Software development segment is key revenue driver; trading segment growing with expanded product range. |
Raw materials needed IT hardware and components sourced for trading; software developed in-house. |
Raw materials supplier Partnerships with reliable domestic and international IT hardware suppliers. |
Recurring vs cyclical contribution Revenue mainly from recurring software development and IT services; hardware trading revenue is variable. |
Our industry position Growing player in Indian IT sector with focus on emerging technologies and integrated IT solutions. |
Financial highlights FY 2023-24 revenue Rs.14.79 Cr, net profit Rs.9.61 Cr; strong growth over prior year indicating scaling operations. |
Geographical revenue split Revenue predominantly from domestic Indian market. |
Order book - |
Whats driving growth Rising IT infrastructure needs, cloud migration, AI adoption, and enhanced software solutions propel growth. |
Our future plans Expand software offerings and IT services; strengthen hardware distribution network; invest in innovation. |
Our green promise Committed to sustainable practices and corporate social responsibility activities. |
Our people and values Employs 84 staff; emphasizes ethical governance, health and safety, and inclusive workplace culture. |
Key challenges ahead Competition in IT sector, technology rapid changes, and maintaining margins amidst price pressures. |
Interesting facts Successfully listed on BSE in 2023 growing market visibility and capital base. |
Risks and strategy Risk in market volatility mitigated by diversification between hardware and software segments; ongoing innovation focus. |
