Companies commanding a monopoly market are something like early bird in an emerging industry. ICSA is one such company. And many would be surprised to hear it is an Information technology company with specialization in a niche market - Energy Management.
Electricity (Power) is a very importance form of energy and its demand is increasing at a faster rate. For growth of any country, there need to be regular supply of power. With limited supply of raw material to generate power can result by the means of optimal utilization of power. “A Power Saved is Twice the Power Generated”.
The largest contributor to the losses for Electricity Board is due to Transmission & Distribution (T&D) losses. An efficient transmission & distribution system is an intricate part of our sustainable energy future. T&D losses result in largest wastage of power. As per government estimates only 55 per cent of the power is billed and 41 per cent is collected. The T&D losses comprises of two parts, namely technical and commercial losses.
Innareddy Computer Software Associates (India) Limited (ICSA) offer power utilities in the field of Energy Management, Energy Audit, Control applications and versatile Data acquisition systems. Company’s focus area is technology solutions to power sector for Transmission and Distribution (T&D) losses and to monitor power consumption.
The company has been at the forefront of developing technology solutions for the power, oil, water and gas sectors to identify Transmission and Distribution losses, and monitor power and oil consumption using the GSM network. By identifying distribution losses, which are a huge burden to the exchequer, the company helps to reduce the losses suf-fered by the companies. The company is an ISO 9001:2000 certified and it undertakes large power projects across several countries in Asia and has offices in India, Singapore and Malaysia.
Electricity (Power) is a very importance form of energy and its demand is increasing at a faster rate. For growth of any country, there need to be regular supply of power. With limited supply of raw material to generate power can result by the means of optimal utilization of power. “A Power Saved is Twice the Power Generated”.
The largest contributor to the losses for Electricity Board is due to Transmission & Distribution (T&D) losses. An efficient transmission & distribution system is an intricate part of our sustainable energy future. T&D losses result in largest wastage of power. As per government estimates only 55 per cent of the power is billed and 41 per cent is collected. The T&D losses comprises of two parts, namely technical and commercial losses.
Innareddy Computer Software Associates (India) Limited (ICSA) offer power utilities in the field of Energy Management, Energy Audit, Control applications and versatile Data acquisition systems. Company’s focus area is technology solutions to power sector for Transmission and Distribution (T&D) losses and to monitor power consumption.
The company has been at the forefront of developing technology solutions for the power, oil, water and gas sectors to identify Transmission and Distribution losses, and monitor power and oil consumption using the GSM network. By identifying distribution losses, which are a huge burden to the exchequer, the company helps to reduce the losses suf-fered by the companies. The company is an ISO 9001:2000 certified and it undertakes large power projects across several countries in Asia and has offices in India, Singapore and Malaysia.
The products offered includes
- Intelligent automatic meter reading system,
- Distribution transformer monitoring system,
- Intelligent cathodic protection system,
- Theft detection device,
- Pole top remote terminal unit,
- Multiplexer unit,
- Remote street lighting control systems,
- Computerized online data logging system,
- Agricultural load management system
- Substation controllers and distribution transformer controllers.
- Intelligent telemetric unit,
- Intelligent automatic water reading system
- Electrical construction services (turnkey services for electrical infrastructure projects)
According to ICSA, the opportunity in the entire power sector is estimated to be about US$ 56.74 billion. In the transmission seg-ment it is estimated to be about US$ 21.24 billion while in AT&C loss reduction it is es-timated at US$ 21.5 billion and US$ 14 billion in Rural Electrification.
Recommendation by a research house that ICSA at Current Market Price of INR 56.75 has potential to shoot upto Rs. 348 resulted this stock jump by 22% in One Single Day (17-Mar-2009) with very high volumes.
With FY09E EPS of INR 39.50, the stock is just trading at a very low PE of 1.5x. Those who look for a six-bagger (with 3 year investment outlook) could jump on this stock.
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