SMARTLINK NETWORK SYSTEMS LTD
D-Link India Ltd, incorporated in 1993 as Smart-Link Network Pvt Ltd, its name was changed to the present one subsequent to the financial participation from D-Link Corporation, Taiwan in 1995.
CRN Survey 2004 has recognised D-link as the most Admired Networking company and ranked as No.1 in Low end networking Products and Structured Cabling and No.2 in High Networking Products in the year 2004-05. D-link has setup two manufacturing plants with two SMT Lines at Goa, the third SMT line is expected to be in operation by Mar. 2001. Presently it manufactures NIC, Hubs, Switches, Modems, Internet Servers, Print Servers,etc. It has a nationwide network of 17 offices, 21 territory distributors, 325+ dealers and 3600+ resellers and 4 overseas distributors in SAARC countries in the year 2004-05. The company plans to setup Fiber Optic Products manufacturing/assembly line and also to setup a New SMT line, Assembly line at Goa. Apart from these two it plans to expand its software divison activities. The total project cost is estimated to be Rs 55 cr. To part finance the expansion plans the company came out with a public issue of total 15,23,740 equity shares at a price of Rs 300 per share in Feb. 2001. During 2000-2001, the company concluded the scheme of amalgamation of D-Link International Ltd a wholly owned subsidiary. Further recently the board of directors have approved the amalgamation of D-Link Infotech Pvt Ltd and Open-Link Network Pvt Ltd subject to obtaining sanction from the shareholders. For further expansion the company has acquired 2 plots measuring 19000 sq.mtrs adjacent to the Verna, Goa plant at a cost of Rs.20 million in April,2003. The company entered a stratetic tie-up with Corning Inc,for steady supply of Corning OFC,including InfiniCor and SMF-28 fibers. It is planning to set up call center to render Technical Support and service to English speaking D-Link Overseas Business unit in USA. As part of consolidating operations the company has amalgamated Virtual Computers Pvt Ltd., a 100% subsidiary of the company with itself. The assets and the liabilities of Virtual Computers Pvt Ltd have been taken over by the company with effect from April 1,2003. D-Link has incorporated a new company, M/s Inercorrider Systems Ltd, during the year 2005, for outsourcing of software development on contract basis. The tie-up with Foundry Networks, Inc USA has helped the company to make an entry in the growing Enterprise Networking market which is growing at about 15-20% in the year 2004-05. D-Link has entered into an agreement with Giabyte Technology Ltd, Taiwan in the year 2004-05, to expand the scope of the operation of its Subsidiary, M/s Gigabyte Technolgy(India) Ltd (Formerly Known as Digi Giga Systems Ltd). As part of expansion programme the company have expanded infrastructural footprint in Goa to five units add also planning to scale up Bangalore operations and have acquired a plot in Bangalore Electronic City with plans to build own independent facility. It also looking to setup a Software Center in Goa in the year 2003-04. The company has acquired additional plot with building at Verna,Goa admeasuring about 3,900 sq.mtrs in the year 2004-05. During the year 2004-05, the company has launched several products in the intelligent switching category, wireless LAN space, structured cabling category and motherboard space. Firewalls based on Intel Xcale Technology, designed by the Software Division were also launched.
SMARTLINK NETWORK SYSTEMS LTD - RETURNS
PERIOD | BSE | NSE | SENSEX | NIFTY |
6 MONTH | 9.63% | 9.19% | 8.75% | 7.96% |
1 YEAR | 29.40% | 29.25% | 27.13% | 27.27% |
3 YEAR | 39.63% | 39.63% | 18.33% | 21.98% |
SMARTLINK NETWORK SYSTEMS LTD - PEER GROUP
COMPANY | PRICE() | CHG (%) | MKT CAP ( CR) |
CEREBRA INTEGR. | 42.80 | 2.27 | 515.27 |
D-LINK INDIA | 122.70 | -0.37 | 435.58 |
ECS BIZTECH | 163.94 | 0.77 | 337.06 |
SMARTLINK NETWR. | 108.70 | 12.29 | 245.12 |
COMPUAGE INFO. | 28.70 | -0.17 | 168.61 |
WEP SOLUTIONS | 53.20 | 0.00 | 133.48 |
MOSER BAER (I) | 4.12 | -1.20 | 91.37 |