Shyama Computronics and Services Limited (formerly **Shyama Infosys Limited**) is an Indian technology and financial services firm. The company is currently executing a strategic pivot, transitioning from its legacy as a software services provider toward a modernized "digital core" enterprise model. This transition is supported by a dual-revenue framework consisting of **Information Technology (IT) services** and **investment and trading in securities**. --- ### **Strategic Rebranding and Corporate Identity** In **2024**, the company underwent a formal rebranding to align its corporate identity with its primary revenue drivers. On **July 16, 2024**, the company received a new Certificate of Incorporation following a name change from Shyama Infosys Limited to **Shyama Computronics and Services Limited**. * **Regulatory Compliance:** To satisfy regulatory requirements for the name change, the company demonstrated that over **50%** of its total revenue was derived from activities suggested by the new name. * **Revenue Validation:** For **FY24**, the company reported **₹21.45 Lakhs** in revenue specifically from Information and Communication activities, meeting the threshold for the rebranding. --- ### **Core Business Verticals** The company operates across two primary domains, providing a diversified revenue stream through technology solutions and financial market participation. #### **1. IT Infrastructure & Digital Services** The company provides a comprehensive suite of technology and telecommunication solutions for domestic and international markets: * **Hardware & Software:** Buying, selling, franchising, and licensing of computer hardware, software systems, and telecommunication products. * **Development & Customization:** On-site and off-site design, development, and customization of software applications. * **Networking & Connectivity:** Provision of integrated digital networks, **VOIP (Voice Over IP)**, private networks, and internet technology solutions. * **Digital Media:** Web designing, hosting, marketing, and the operation of e-commerce platforms and electronic media (e-magazines). * **Data Management:** Specialized services in **OPT IN-Mall**, database management, and integrated marketing. #### **2. Financial Activities** The company is actively engaged in the financial sector, focusing on: * **Investment & Trading:** Strategic investment and trading of equity shares and securities. * **NBFC Operations:** Operating within the **Non-Banking Financial Company (NBFC)** landscape, providing financial liquidity and capital management. --- ### **Operational Infrastructure and Human Capital** The company maintains a lean but scalable operational framework, utilizing a significant workforce to drive its service delivery. * **Workforce:** As of March 31, 2024, the company employed **2,100 permanent employees**, reflecting a labor-intensive service model. * **Segment Reporting:** Under **Indian Accounting Standards (Ind AS)** and **AS 17**, the company reports primarily under the **IT Equipment** business segment. * **Geographic Presence:** * **Registered Office:** Kalbadevi, **Mumbai**. * **Corporate Office:** B.B.D Bag East, **Kolkata**. * **Listing:** Equity shares are listed on the **BSE Limited (BSE)** and the **Calcutta Stock Exchange (CSE)**. --- ### **Financial Performance Summary** The company’s financial strategy focuses on operational stability and the elimination of debt. While total income saw a slight contraction due to lower non-operating yields, core operational revenue showed robust growth. | Metric (Rs. in Lacs) | FY 2023-24 | FY 2022-23 | YoY Change | | :--- | :--- | :--- | :--- | | **Revenue from Operations** | **20.81** | **15.15** | **+37.3%** | | **Other Income** | **17.84** | **29.50** | -39.5% | | **Total Income** | **38.65** | **44.65** | -13.4% | | **EBITDA** | **12.91** | **15.28** | -15.5% | | **Finance Cost** | **0.00** | **1.67** | **-100%** | | **Profit Before Tax (PBT)** | **12.91** | **13.61** | -5.1% | | **Profit After Tax (PAT)** | **10.99** | **10.63** | **+3.4%** | **Key Financial Observations:** * **Debt-Free Status:** The company successfully reduced its **Finance Cost to Zero** in FY 2023-24, indicating a complete transition away from interest-bearing debt. * **Asset Base:** **Depreciation** remained at **Zero**, suggesting a light asset-base model or a fully depreciated asset pool. * **Solvency:** Auditors have confirmed **no material uncertainty** regarding the company’s ability to meet liabilities falling due within one year. --- ### **Governance and Leadership Overhaul** The company has recently restructured its Board and management team to execute a five-year growth strategy. **Board Composition:** The Board consists of **6 Directors**, including 3 Executive and 3 Independent Directors (including 1 Woman Director). | Position | Name | Tenure/Appointment | | :--- | :--- | :--- | | **Managing Director** | **Mr. Rajib Singh** | 5-year term (Aug 2025 – Aug 2030) | | **Director** | **Mr. Dipak Kumar Das** | 5-year term (Effective Aug 2025) | | **CFO & Whole-Time Director** | **Mr. Swaraj Kumar Singh** | 3-year term (Effective Feb 2024) | * **Remuneration:** The CFO’s remuneration is set at **₹1,20,000/-** including performance-based bonuses. * **Audit & Compliance:** The Board maintains an **Audit Committee** of 3 directors. Following the resignation of **M/s. G Kalawatia & Associates** in early 2024, **M/s A O Mittal & Associates** were appointed as Statutory Auditors. --- ### **Future Growth Pillars (2025–2030)** The company’s strategy for the next five years is centered on assisting enterprises in modernizing their "digital core" through four key pillars: * **AI Integration:** Accelerating **AI adoption** to modernize legacy systems and reduce technical debt for clients. * **Infrastructure Modernization:** Focusing on **cloud migration** and the establishment of robust **data foundations**. * **Cybersecurity Services:** Capitalizing on the demand for **security consulting** amid heightened geopolitical tensions and threats to intellectual property. * **Risk Management:** Strengthening internal and client-facing processes to protect high-value digital assets and customer data. --- ### **Risk Management Framework** Shyama Computronics operates in a high-competition environment, particularly within the financial services sector. **Market & Competitive Risks:** * **Banking Competition:** The company competes with **Nationalised and Private Banks** that offer loans at significantly lower interest rates. * **NBFC Constraints:** Unlike banks, the company lacks a nationwide branch network and has a **lower Tier-I and Tier-II capital base**, leading to higher costs of funds. * **Economic Sensitivity:** Performance is tied to **GDP growth** and infrastructure cycles (Power, Roads, Telecom). **Risk Mitigation Categories:** * **Interest Rate & Liquidity Risk:** Managed through a framework to ensure short-term obligations are met without systemic repercussions. * **Credit Risk:** Monitored through the lens of **promoter strength** and ownership structure. * **Operational & Compliance Risk:** Continuous monitoring of evolving **SEBI and RBI regulations** to avoid statutory exposure.