Benchmark Computer Solutions Limited is an established IT infrastructure solutions and technology consulting firm that provides end-to-end services across the **Plan-Build-Run-Monitor** framework. The company specializes in delivering complex IT transformation projects, custom software development, and managed services through a mix of traditional and digital models, including **Infrastructure as a Service (IaaS)**, **Platform as a Service (PaaS)**, and **Software as a Service (SaaS)**. Following its successful **Initial Public Offering (IPO)** in **December 2023**, the company has transitioned into a public entity focused on high-growth sectors such as **BFSI**, **healthcare**, and **AI-driven digital transformation**. --- ### **Core Business Verticals & Revenue Streams** The company operates through four primary reportable segments under **Accounting Standard 17**, providing a diversified revenue base across hardware, software, and maintenance. | Segment | Scope of Services | Key Deliverables | | :--- | :--- | :--- | | **IT Infrastructure Solutions** | Execution of complex transformation projects and managed workplace services. | Hardware installation, **Networking Solutions**, **Datacentre Solutions**, **IT Security**, and **Data Backup**. | | **Software & Web Development** | End-to-end development lifecycle from **Requirement Detailing** to **User Acceptance Testing (UAT)**. | Custom web applications, device-agnostic platforms, and proprietary **SaaS** products. | | **Application Management (AMS)** | Ongoing technical support and system health monitoring. | **Annual Maintenance Contracts (AMC)** and **Facility Management Services (FMS)**. | | **Leasing of Services** | Specialized leasing of high-value IT assets to enterprise clients. | High-performance server rentals and infrastructure leasing. | #### **Proprietary Product Spotlight: My WMS** A cornerstone of the company’s **SaaS** portfolio is **My WMS (Warehouse Management System)**. This platform integrates client systems with transporters for seamless inbound and outbound operations. Key features include: * **Single-click dashboards** for multi-warehouse and multi-client visibility. * Advanced analytics for product movement to optimize warehouse space and placement. --- ### **Strategic Partnerships & Quality Standards** Benchmark maintains a robust authorized partner ecosystem with global technology leaders, ensuring access to the latest hardware and security protocols: * **Hardware & Infrastructure:** **HP (Amplify Membership)**, **Dell Technologies**, **Vertiv**, and **Konica Minolta**. * **Software & Security:** **Veeam** and **SafeAeon**. * **Certifications:** The company is **ISO 9001:2015** and **ISO 27001:2013** certified, validating its commitment to quality management and information security. --- ### **Financial Performance & Capital Structure** The company has demonstrated consistent top-line growth, supported by a significant export profile and a strengthened balance sheet following its listing on the **BSE SME Platform** (Scrip Code: **544052**). #### **Key Financial Metrics (₹ in Lakhs)** | Particulars | FY 2024-25 (Audited) | FY 2023-24 (Audited) | FY 2022-23 (Audited) | | :--- | :---: | :---: | :---: | | **Total Income** | **4,439.00** | **3,523.95** | **3,241.49** | | **Net Profit After Tax (PAT)** | **170.00** | **221.24** | **195.92** | | **Foreign Exchange Earnings** | **3,66,700.00** | **3,89,234.74** | - | | **Paid-up Share Capital** | - | **686.40** | **1.00** | #### **IPO Proceeds Utilization (as of Sept 30, 2024)** The company raised a net amount of **₹1,067.50 Lakhs** through its IPO. * **Capital Expenditure:** **₹350.00 Lakhs** (Fully Utilized). * **Working Capital:** **₹380.00 Lakhs** (Utilized: **₹247.43 Lakhs**). * **General Corporate Purposes:** **₹297.50 Lakhs** (Utilized: **₹123.87 Lakhs**). --- ### **Growth Strategy & Future Roadmap** Benchmark is positioning itself to capitalize on the **2-4%** projected growth in the Indian IT services sector by focusing on **cloud-native services**, **digital engineering**, and **automation**. * **Strategic Transformation:** Shifting focus toward **Green IT** and **ESG-aligned** initiatives to attract global enterprise clients. * **Capacity Expansion:** Shareholders have approved a borrowing limit of up to **₹200 Crore** and an investment/loan limit of **₹100 Crore** to fund potential expansions and strategic initiatives. * **Major Contract Wins:** In **May 2025**, the company secured a prestigious **3-year order** from the **TIH Foundation for IoT and IoE** for Data Centre and storage services. * **Talent Investment:** The company maintains a permanent workforce of **101 employees**, with a recent **8.29%** increase in median remuneration to support talent retention and upskilling. --- ### **Risk Management & Operational Resilience** The company proactively manages risks associated with counterparty defaults and global supply chain volatility. #### **Counterparty Credit Risk Mitigation** The company recently addressed a default by **M/s. Vardhan SK Healthcare Private Limited** regarding a server lease: * **Revenue Recognition:** In compliance with **AS-9**, the company halted revenue recognition for unpaid periods (**Feb-March 2024**). * **Asset Recovery:** Successfully recovered a server valued at **₹574 Lakhs** from a third-party site (**Yotta Infrastructure**) and relocated it to company premises in **September 2024**. * **Financial Recovery:** Issued legal notices for **₹1.03 Crore** in receivables and **forfeited a ₹1 Crore security deposit** to offset losses. #### **Supply Chain & Macroeconomic Factors** * **Hardware Volatility:** To mitigate shortages in **GPUs** and **networking gear**, the company is transitioning toward **just-in-case inventory models** and **supplier diversification**. * **Geopolitical Strategy:** Benchmark is navigating semiconductor export controls by focusing on **nearshoring** and **co-managed engagement processes** with long-term clients to ensure project continuity. --- ### **Governance & Leadership** The company is led by a Board of **5 Directors**, including **2 Independent Directors**, ensuring balanced oversight. * **Mr. Hemant Sanil (Chairman & Managing Director):** Over **35 years** of industry experience; leads policy, projects, and client relations. * **Ms. Rasika Katkar (CFO):** Oversees financial strategy and compliance. * **Corporate Structure:** The company operates as a standalone entity with **no subsidiaries, joint ventures, or associate companies**, ensuring a lean and transparent corporate structure.