MPS Changes Gear and FY15 Updates

  MPS has completed another eventful year keeping in line its funda to keep its employee cost at 40% or lesser of the sales value. The standalone business has generated a PAT of 61.44 cr and its subsidiaries have generated 1.62 cr in profit. Very Impressive. The results can be down loaded from here – http://www.adi-mps.com/Investors/InvestorsOverview.aspx…

Read More

Is MPS being smart or stupid ?

Today was a particularly exciting day for MPS as they announced their Q3 results along with a second interim dividend of Rs 10 per share. They also passed an enabling resolution to issue securities for QIP upto 150 crores, The market, keeping in line with its eccentric reputation lived up to it by dropping the…

Read More

MPS Ltd – Updates Dec 2013

UPDATES – DEC 2013 MPS has relocated a 400 staff to Dehradun and has a capacity of 1000 people without additional CAPEX. The cost arbitrage has already begun to kick in as this will be the centre for most of the new hires. There is no CAPEX required for the foreseeable future. R&D expenses on…

Read More