CMP: 825

Financial Technologies (India) Ltd. offers financial services. The Company creates financial markets for commodities, equities, currencies and bonds in emerging markets in Asia, Africa and the Middle East.

Financial Technologies is an expensive mid-cap bet trading at a P/E of nearly 50. But, it has unique presence with services in Financial Markets. It runs at a debt of 404 Crores with 69 Crores cash in hand. Revenues have risen from 90 Crores to 358 Crores in the last 5 years. Profits have risen sharply from 47 Crores to 961 Crores and reduced to 92 Crores on falling volumes in Financial Markets. 2012 has seen good reversal in both revenues and profits.