Intellect Design Arena - More Focus On U.S., SaaS; Medium-Term Growth To Remain 20% Plus: Anand Rathi

BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy..Anand Rathi Report.With growth accelerating to 22% YoY, a large chunk driven by India and the mid-east, Intellect Design Arena Ltd. had a strong Q2. At the analyst day, the company spoke about its sharpening focus on the U.S. and the short-term impact of software as a system on licensing revenue growth. Ahead, Intellect Design expects more balanced growth and is relying on partnerships (Hexaware added) to drive sales in the region. Overall, the medium-term growth outlook is 20% plus, driven by product cross-sales. Short-term margins are expected to be little lower due to rising people costs and investments in the Americas, and should touch 30% by Q4 FY23..Click on the attachment to read the full report:.DISCLAIMERThis report is authored by an external party. BloombergQuint does not vouch for the accuracy of its contents nor is responsible for them in any way. The contents of this section do not constitute investment advice. For that you must always consult an expert based on your individual needs. The views expressed in the report are that of the author entity and do not represent the views of BloombergQuint..Users have no license to copy, modify, or distribute the content without permission of the Original Owner.

Intellect Design Arena - More Focus On U.S., SaaS; Medium-Term Growth To Remain 20% Plus: Anand Rathi

Intellect Design Arena - More Focus On U.S., SaaS; Medium-Term Growth To Remain 20% Plus: Anand Rathi

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