Analysis of Capital Structure of a Company
Name of the Company - Patni Computer Systems Ltd.
Name of the Chairman – Narendra K. Patni
Background of the Company
The Patni Computer Systems Ltd. (Patni) was incorporated on 10th February 1978 under the Companies Act 1956. The company converted itself from a private limited company to a public limited company on 18th September 2003. It is now a leading IT consulting services and business solutions provider in India. The majority of the services offered are in the fields of insurance, manufacturing, retail, telecom etc. It has over 12,500 professionals building up a strong team, with 23 sales and marketing offices internationally and many offshore development centres across eight cities in India. The company’s clientele has increased from 199 as of December,31st 2005 to 272 as of December,31st 2009.
The company has been certified with ISO 9001:2000 certification and is assessed at SEI-CMMI level 5 and P-CMM level 3. The business processes at Patni are in accordance with Six Sigma and BS 7799. It has alliances with major IT companies such as Microsoft, SAP, Siebel and Oracle. The major revenue generation of about 60% is from manufacturing and BSFI, but now the telecom domain is also gaining momentum and is contributing to the revenue generation. Whereas, geographically US is the major revenue generator contributing about 84.8% to the total revenue. Europe generating revenue of 9.1% and Japan that of 4.3%. And receiving a percentage of 0.7 from Asian countries and 1.1% from the rest of the world. Though the percentage of revenue contribution by US has declined from 88.8% in 2003 to 84.8% in 2005, and the European region’s contribution has been steadily increased to 9.1% in 2005 from 7.2% in 2003.
CAPITAL STRUCTURE
Capital structure refers to the sources and division of
Name of the Chairman – Narendra K. Patni
Background of the Company
The Patni Computer Systems Ltd. (Patni) was incorporated on 10th February 1978 under the Companies Act 1956. The company converted itself from a private limited company to a public limited company on 18th September 2003. It is now a leading IT consulting services and business solutions provider in India. The majority of the services offered are in the fields of insurance, manufacturing, retail, telecom etc. It has over 12,500 professionals building up a strong team, with 23 sales and marketing offices internationally and many offshore development centres across eight cities in India. The company’s clientele has increased from 199 as of December,31st 2005 to 272 as of December,31st 2009.
The company has been certified with ISO 9001:2000 certification and is assessed at SEI-CMMI level 5 and P-CMM level 3. The business processes at Patni are in accordance with Six Sigma and BS 7799. It has alliances with major IT companies such as Microsoft, SAP, Siebel and Oracle. The major revenue generation of about 60% is from manufacturing and BSFI, but now the telecom domain is also gaining momentum and is contributing to the revenue generation. Whereas, geographically US is the major revenue generator contributing about 84.8% to the total revenue. Europe generating revenue of 9.1% and Japan that of 4.3%. And receiving a percentage of 0.7 from Asian countries and 1.1% from the rest of the world. Though the percentage of revenue contribution by US has declined from 88.8% in 2003 to 84.8% in 2005, and the European region’s contribution has been steadily increased to 9.1% in 2005 from 7.2% in 2003.
CAPITAL STRUCTURE
Capital structure refers to the sources and division of