Esconet Technologies Limited
NNSE:ESCONET314.50
INR
-4.55
(-1.43%)
ISIN
INE0RQZ01017
Return %
Stock
S&P 500
1Y
37.13
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.Company Description
- CEO
- Sivamani Sangaranarayanan
- Full Time Employees
- 74
- Sector
- Technology services
- Industry
- Information technology services
- Address
- D-4/2, Okhla Industrial Area, Phase II New Delhi DE India 110020
- IPO Date
- Feb 23, 2024
- Website
- esc.co.in
- Similar Companies
- Business
- Esconet Technologies Ltd. (ESCONET.NS) operates as a system integrator and manufacturer specializing in IT infrastructure, cloud computing, managed services, data security, and high-performance computing solutions. Incorporated in 2012 and headquartered in New Delhi, India, at D-147, Okhla Industrial Area, Phase I, the company trades and assembles servers, workstations, storage systems, supercomputers under the HexaData brand, and related IT peripherals; provides virtualization software for servers, desktops, and applications; offers backup and disaster recovery solutions, data center and access networks, software-defined networks and storage, network security tools, cloud-powered email and messaging systems, databases, log management and analytics software, and information protection solutions including multifactor authentication and identity access management; and delivers services such as IT hardware installation and configuration, infrastructure management and monitoring, private cloud setup, managed backup, data migration, consulting, and comprehensive system integration covering hardware, networks, and software. Esconet serves small and medium enterprises (SMEs), large corporations, public sector entities, and government organizations across sectors including manufacturing, education, healthcare, logistics, government, media and entertainment, telecommunications, defense, legal services, and financial services, with operations primarily in India, strengthened by exports and a wholly-owned subsidiary in Singapore. The company holds ISO 9001, ISO 27001, ISO 20000-1, and ISO 14001 certifications and maintains strategic technology partnerships, including an upgraded preferred partnership with NVIDIA for AI supercomputers based on H200, B200, and GH200 GPUs, new alliances with Scality for scale-out storage and Cato Networks for hardware-less networking and cybersecurity solutions, and marquee tie-ups enhancing its servers, storage, and cloud offerings. Recent developments include a successful IPO on NSE SME Emerge raising ₹28 crore in 2024 for working capital expansion, ZeaCloud investment, and general corporate purposes; a preferential allotment of ₹32.69 crore; acquisition of a 70% stake in Fluidech IT Services Pvt. Ltd. in fiscal 2025 to bolster cybersecurity capabilities, including exclusive National Critical Infrastructure Information Protection Centre (NCIIPC) accreditation and compliance services for SEBI-regulated entities; full ownership of ZeaCloud Services Pvt. Ltd. (established 2022) for infrastructure-as-a-service, disaster recovery, and managed cloud services with upgrades to 100 Gbps capacity and development of the indigenous ZeaStack platform targeting MeitY empanelment; expansion of HexaData manufacturing capacity, GeM registration, and new backup appliances under Make-in-India; addition of 12 large clients and South India market penetration; and securing orders such as ₹20.06 crore from Info Edge for 340 servers and USD 53,208 via Fluidech. Wholly-owned subsidiaries ZeaCloud Services Pvt. Ltd. and Esconet Singapore Pte. Ltd. support cloud and international expansion, while Fluidech enhances cybersecurity for critical infrastructure.