Silverline Unlisted Shares
About Silverline Unlisted Shares
Silverline Technologies Limited, formerly known as Silverline Industries Ltd., is a global leader in technology consulting, software development, and business solutions. The company specializes in enabling businesses to navigate digital transformation amidst technological and cultural disruption. With a proven track record, Silverline offers IT services and consulting that deliver measurable results, ensuring unmatched reliability and certainty for global enterprises.
Key Milestones and Achievements
- Pioneering Initiatives:
- India’s First NYSE-Listed IT Company: Silverline was the first Indian company to list on the New York Stock Exchange (NYSE) for American Depository Receipts (ADRs).
- Market Leadership: In 2002, Silverline was ranked as the 7th largest software company in India by NASSCOM.
- Global Development Hub: Established India’s first development center in the United States in 1994.
- Education Initiatives: Partnered with the National Centre for Software Technology and C-DAC to launch the Silverline Institute of Software Technology in 1995.
- Market Capitalization:
- Achieved a $1.2 billion market cap on the Bombay Stock Exchange (BSE) at its peak.
- Industry Experience:
- Over 28 years of expertise, delivering software services to Fortune 100 companies with a workforce of 3,700 consultants in the year 2000.
Industry Expertise
Silverline Technologies provides tailored business solutions across multiple industries, including:
- Retail and Consumer Goods
- Building Materials
- Banking and Insurance
- High-Tech and Engineering
- Manufacturing and Automotive
- Hospitality
Its services extend globally, with significant operations in the United States, India, Canada, the UK, Germany, Hong Kong, Japan, and Egypt.
Certifications and Standards
Silverline Technologies is appraised at SEI CMM Level 4 of the CMMI Institute’s Capability Maturity Model (CMM) for its delivery centers. This certification underscores the company’s commitment to quality, process optimization, and reliable service delivery.
Pros
- Strong Legacy & Recognition: First Indian IT company listed on NYSE; widely recognized for pioneering efforts.
- Diverse Global Presence: Operates across 8+ countries, catering to Fortune 100 clients in various sectors.
- CMM Level 4 Certification: High-quality process maturity ensures consistent, reliable software delivery.
Cons
- Inconsistent Revenue Trend: Revenue dropped significantly from ₹421 Cr in 2022 to ₹172 Cr in 2024.
- Persistent Net Losses: PAT remains negative or negligible, impacting investor confidence and valuation.
- Negative Reserves: Sustained negative reserves indicate prolonged financial distress and weak retained earnings.
