What we do VXL Instruments Ltd manufactures and trades computer terminals, data processing units, and software, pioneering Thin Client technology in India for private and public enterprises. |
Founded in 1,986 |
Market share Established player in computer peripherals with export focus, especially in Thin Clients and data processing segments. |
Problem solved Addresses obsolescence and upgrade needs of legacy PCs via cost-effective, Y2K compliant Thin Client solutions and embedded software. |
Top clients or who we serve B2B customers including major corporations like ITC Ltd and TVS Suzuki Ltd; serves private and public sectors. |
Key management - |
Our journey and innovations Promoted by technocrats in 1986, pioneered Thin Client tech in India, expanded globally via UK and Dubai offices. |
Where we operate India (domestic market) and international markets including UK, Western Europe, Middle East. |
Top products or what we offer Thin Clients with Windows NT, WindowsCE, Linux OS; data processing units; embedded software solutions. |
Top brands EaziTC add-on Card for legacy PCs; Thin Client devices widely accepted in India. |
Raw materials needed Electronic components and hardware parts for manufacturing computer terminals and embedded systems. |
Raw materials supplier - |
Recurring vs cyclical contribution Predominantly cyclical sales driven by orders and contracts in IT hardware and software segments. |
Our industry position Recognized innovator in Thin Client technology with niche positioning in data processing units and embedded solutions. |
Financial highlights FY2023-24: Revenue Rs 77.99 crore; Net Loss Rs 25.8 crore; challenges due to weak overseas demand and recessionary trends. |
Geographical revenue split Exports dominate revenue, with overseas segment contributing about 88% and domestic about 12%. |
Order book - |
Whats driving growth Cloud adoption, demand for Thin Clients, R&D in embedded software, and new client wins in QSR sector. |
Our future plans Expand value-added offerings, develop telecom convergence products, enter Australia and New Zealand markets. |
Our green promise - |
Our people and values Focus on employee dedication and maintaining cordial industrial relations amid challenging times. |
Key challenges ahead Recovery from overseas order decline due to global recession and geopolitical tensions; managing receivables. |
Interesting facts First in India to introduce Thin Client technology; has JV presence in Dubai Free Zone. |
Risks and strategy Credit risk from overdue overseas receivables; mitigation via legal steps and credit loss policy formulation. |
