Intense Technologies – Company and Q4FY24 Earnings Analysis
The company gained my attention when they reported their Q4FY24 results last week. Looking at the just the fundamentals where the company has cross Rs. 100 crores of revenue for the first time, strong order pipeline, all the major banks being their customers, and their flagship product being a market leader, it mostly checked all the points.
However, reading about the management and its erroneous activities in the past, it just eroded away all my confidence in the company. Reading about experiences of knowledgeable investors on Valuepickr, just didn’t help in adding conviction. Although, the company now claims that they are in a transition phase and the young blood are taking over, however this is not the first time management has over-promised and failed to deliver. I am avoiding the stock for now.
Here’s the detailed company and earnings analysis if anyone’s interested:
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