Aricent Technologies (Holdings) Limited subsidiary of Aricent Group provides communications software for the industry. The company offers middleware, consumer and enterprise applications, network management, service provisioning, and billing mediation.
Aricent Technologies serves equipment manufacturers, network management and protocols device manufacturers, and multimedia codecs service providers. It has positioned itself as a global digital leader in integrated design and engineering services, primarily serving clients of the communications and technology, semiconductor and software industries.
Aricent expertise in design and engineering capabilities to help its clients get to market faster by solving the tedious problem in today’s changing, connected world, transform legacy products to digital, and create new revenue opportunities with outstanding knowledge and intellectual property for the telecom, software and semiconductors industries. It also has an experience in shaping large engineering outsourcing deals and capabilities in key emerging technologies including AI, Cognitive Systems, Internet of Things and software frameworks.
With Altran technologies acquiring Aricent in late 2017. The duo turned the tide to invest heavily on their R&D and to create a global leader in R&D engineering services with unique and differentiated innovation.
Aricent was ecstatic to announce its acquisition and joining force with Altran, an organization which share deep ties and shares a common goal. Altran has been working for more than three decades across sectors: Automotive, Aeronautics, Space, Defence & Naval, Rail, Infrastructure & Transport, Industry & Consumer Products, Life Sciences, Communications, Semiconductor & Electronics, Software & Internet, Finance & Public Sector.
In 2019, Altran was acquired by French giant Capgemini which is known worldwide for its consulting, IT services & digital transformation. With this takeover of Altran, Capgemini Technology Services India Limited became the majority shareholder in Aricent.
| DESCRIPTION | Mar-22 | Mar-21 | Mar-20 | Mar-19 | Mar-18 |
|---|---|---|---|---|---|
| Gross Sales | 2678.50 | 2546.60 | 2466.60 | 2276.40 | 2188.50 |
| PBT | 410.30 | 286.90 | 348.70 | 347.00 | 326.70 |
| PAT | 262.50 | 196.00 | 702.70 | 204.60 | 204.30 |
| Cash Flow from Operations | 514.30 | 955.90 | 152.30 | 114.30 | 189.00 |
| Cash Flow from Investing | -282.40 | -941.20 | -7.20 | -49.40 | -39.80 |
| Cash Flow from Finance | -85.00 | -105.20 | -75.30 | -1.80 | -158.30 |
| Current Ratio | 5.08 | 4.14 | 3.50 | 4.17 | 2.79 |
Face Value of share is INR 10 per share.
During the FY 2021-22, Aricent Technology Holding clocked a revenue of INR 2678.5 crore, thereby witnessing an increase of around 5.18% over the previous year’s revenue. The Profit Before Taxes for FY22 was INR 410 crore showing a growth of 43%. The overall net profit for FY 22 is INR 262 crore.
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