INDUSTRY STRUCTURE AND DEVELOPMENTS:

Mahaveer Infoway Limited (MIL) has its business operations across three Business Verticals viz. Telecom, IT Services & BPO and Education. Each Business vertical is headed by able, experienced and proven professionals to take the company to the next level of growth. The company is looking at diversification in telecom sector in a big way and in this direction have plans of acquiring telecom companies to achieve rapid inorganic growth in the coming years.

BUSINESS LINES:

1. Telecom: C & F & Distributors for brands like Micromax, Panasonic, Gionee and Videocon.

SWOT ANALYSIS

Strengths

• Young, Dynamic & Experience Management team from diverse backgrounds and geographies.

• Existing large Distributor Network.

• Software for Online Tracking of Sales and Service.

• Wide Distribution reach in South India.

Weaknesses

• Price Fluctuation, Dollar inflation & sensitive Telecom markets.

• Low management bandwidth.

• Lower Exposure to overseas Telecom markets.

Opportunities

• Building handset manufacturing capabilities in India.

• Export opportunities to emerging African markets in Telecom and IT.

• Building own Retail formats to cater to the growing telecom market.

Threats

• Strong lobbying by Class 'A' Players against the emerging manufacturers

• Government Policies against imported assembled Handsets.

2. IT Services

At Mahaveer Infoway, under managed services our focus is to bring value to our clients through continuous innovation with end to end software lifecycle for Web based and Mobile based solutions in various domains like Healthcare, Realty, KPO, Lab Facility, Education CMS, logistics and many more. A team comprising of senior tech leads and managers from various diverse backgrounds have joined hands and are focused on building robust solutions.

Under Unmanaged services, Mahaveer Infoway has incubated several startups as strategic partners by providing technology and resource incubation along with technology resource augmentation to various CMMI Level Organizations and SME'S.

SWOT ANALYSIS

Strengths

• Senior Management from various IT Organizations.

• Presence in Chennai, Bangalore and head quartered in Hyderabad.

• MIL partners with Amazon Web Services ,HP software, Cenzic, IBM and Microsoft.

Weaknesses

• Attrition in Human resources in middle and lower management.

• Low management bandwidth.

• Lower Exposure to overseas IT markets.

Opportunities

• In pursuit of appointing Country Managers in both US and UK for Managed services.

• Exploring untapped markets like tier 2 cities in India and African markets abroad.

Threats

• Mass Hiring by Larger Organizations, leaving SME's with not much quality consultants.

• Anti-outsourcing policies from the hugely profitable US and European IT Markets.

3. Education:

The company has started Distance Education in IT and Management Programs. It enjoys Exclusive agreement and collaboration with KSOU (Karnataka State Open University). 500+ Students successfully passed out. It plans to reach out to more than 5000 professionals for coming next year which is at 1000% growth.

SWOT ANALYSIS

Strengths

• Very Niche programmes' and very few players in the same domain.

• Planning to come up with Online Learning for the same.

Weaknesses

• Recognition by Private bodies for distance education is not great.

Opportunities

• Huge Market for distance education as it is the most viable form of education for both working and job-seekers who fall under below poverty line in India.

Threats

• Foreign Universities entering Indian Market providing distance education programmes.

Segment -wise performance

• TELECOM BUSINESS

Increasing the sales and revenue with the fastest growing brands in India, the world's biggest market in telecom sector.

Target Markets include tier-2 cities and rural areas of Southern India.

SOFTWARE SERVICES- OVERVIEW Service Offering Include

• Providing web (.net/sharepoint/java/php) and mobile based (android/iphone) business applications and solutions for various domains.

• Staff augmentation by maintain bench resources of bright and outstanding performers on various technologies.

• Functional Manual testing, Functional Automation Testing-QTP, Silk Test, Sekenium, Performance Testing and Re-engineering-Silk Performer, Load Runner, Jmeter and building Automation Frameworks, API Testing , Scalability Testing etc.

DISTANCE EDUCATION

Exclusive agreement with Karnataka State Open University (KSOU), Mysore

• Information Technology

• Management Programs.

KSOU is recognized by

• UGC (University Grants Commission)

• DEC (Distance education council)

Huge demand for distance education for people to upgrade their skill/degree working professionals

• Discounted education

• Diploma holders.

INTERNAL CONTROL SYSTEMS:

The internal control system of our Company is effective and adequate.

SENIOR MANAGEMENT DISCLOSURES:

The Company's senior management makes disclosures to the Board relating to all material financial and commercial transactions as when they occur.

HUMAN RESOURCES/INDUSTRIAL RELATIONS:

Almost the entirety of our workforce comprises of highly qualified personnel. We have an effective strategy to nurture and grow our people so much so that employee turnaround has been much lower.

CAUTIONARY STATEMENT:

Statements in the Management Discussion and Analysis describing the Company's objectives, projections, estimates, expectations may be "forward-looking statements" within the meaning of applicable securities laws and regulations. Actual results could differ materially from those exbrssed or implied. Important factors that could make a difference to the Company's operations include economic conditions affecting demand/supply and price conditions in the domestic and international markets in which the Company operates, changes in the Government regulations, tax laws and other statues and other incidental factors.