PQIFL Secures Landmark Order from Capgemini for IT Park Development in Vietnam

India-based Polo Queen Industrial and Fintech Limited (PQIFL), a dynamic multi-domain company, has recently achieved a significant milestone by securing a Rs 3,000 crore contract from the globally renowned French IT leader, Capgemini. This ambitious project involves the construction of a state-of-the-art IT park in Vietnam, which is set to become one of the world’s most advanced technological infrastructures.

Financial Performance and Company Strength

With a market capitalization of Rs 3,618 crore, PQIFL has shown remarkable financial growth. In the fiscal year 2024, the company recorded a revenue of Rs 1,450 crore, marking a 32% increase from the previous year. The net profit stood at Rs 245 crore, showcasing a 28% annual growth. The company’s robust financial position is supported by a strong balance sheet, enabling it to manage large-scale projects effectively.

Impact of the Capgemini Deal

This project is expected to boost PQIFL's revenue by over Rs 5,000 crore in the next three years. A dedicated R&D team and technical experts have been assembled to ensure the project is completed efficiently and on time, promising both stability and growth for the company’s financial performance.

Stock Market Prospects and Global Expansion

Following this deal, PQIFL's stocks are anticipated to surge significantly. The company’s growth potential has caught the attention of analysts, predicting a substantial rise in its valuation. This agreement also marks PQIFL's entry as a formidable global player, with the IT park in Vietnam featuring cutting-edge green technology and sustainable energy solutions, aimed at attracting international clients and enhancing the company's brand value.

Management's Vision

The company’s Managing Director expressed, “This partnership with Capgemini is a major milestone for our company. We are fully committed to completing this project within the specified timeframe. This project will not only boost our revenue but also strengthen our position in the global market.”

Overall, PQIFL is setting a platform with its progress and potential, aiming to establish itself as a leading player in both Indian and international markets.