KLG Systel

Delhi-based KLG Systel makes it to the top 30 rankings based on the performance in the year 2002 and is ranked #24 compared to #43 in the previous year. In the 15 months ended March 2002, KLG Systel (KLG) reported revenues of Rs 24.76 crore, up 35% on an annualized basis. Net profit stood at Rs 3.20 crore, down by 20% on an annualized basis. KLG’s gross block was up 62% to Rs 16.17 crore, while its ROCE stood at 7% compared to less then a percent in the previous year. KLG is ranked #55 in sales, #41 in profits, #49 in gross block, #8 in sales growth, #32 in profit growth, #6 in gross block growth and #48 in ROCE. The company provides engineering services that include solutions in the area of CAD/CAE, EDM and PDM. KLG Systel also provides e-enablement and e-commerce services. The 200-person 11-year old company has development centers at Gurgaon, Kolkata, Mumbai, Chennai, Jamshedpur and Vadodra apart from an office in Dubai and a subsidiary in the US.