---
title: "IGate Computer Systems Ltd(Merged) (PATNI) — Share Price, Financials & Analysis"
symbol: "PATNI"
company: "IGate Computer Systems Ltd(Merged)"
canonical: "https://tapetide.com/stocks/PATNI"
generated_at: "2026-10-13T10:59:15.146Z"
---

# IGate Computer Systems Ltd(Merged) (PATNI)

Canonical page: https://tapetide.com/stocks/PATNI

## Company

- **Stock Type:** DELISTED
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** igatepatni.com

## Latest Price

## Key Insights

### Strengths

- Company is almost debt free.

### Weaknesses

- The company has delivered a poor sales growth of 6.47% over past five years.
- Earnings include an other income of Rs.195 Cr.

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -38% | -3% | 9% |
| revenue growth | 12% | 5% | 6% |

## Financial Statements

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2005 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 1987 | 2608 | 2689 | 3117 | 3146 | 3188 | 3568 |
| Expenses | 1723 | 2071 | 2188 | 2688 | 2573 | 2603 | 3150 |
| Operating Profit | 264 | 537 | 501 | 429 | 573 | 585 | 418 |
| OPM % | 13 | 21 | 19 | 14 | 18 | 18 | 12 |
| Other Income | 57 | 67 | 197 | 171 | 175 | 245 | 195 |
| Interest | 8 | 19 | 15 | 8 | 8 | 5 | 3 |
| Depreciation | 68 | 84 | 98 | 114 | 142 | 118 | 137 |
| Profit before tax | 245 | 502 | 584 | 478 | 599 | 707 | 473 |
| Tax % | 19 | 51 | 17 | 8 | 2 | 12 | 15 |
| Net Profit | 199 | 245 | 484 | 438 | 587 | 623 | 401 |
| EPS in Rs | — | 17.7 | 34.79 | 34.19 | 45.44 | 47.47 | 29.85 |
| Dividend Payout % | 17 | 17 | 9 | 9 | 7 | 133 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2005 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 28 | 28 | 28 | 26 | 26 | 26 | 27 |
| Reserves | 2097 | 2304 | 2708 | 2814 | 3506 | 3236 | 3678 |
| Borrowings | 3 | 3 | 2 | 2 | 1 | 1 | 1 |
| Other Liabilities | 572 | 798 | 710 | 994 | 781 | 776 | 849 |
| Total Liabilities | 2700 | 3133 | 3448 | 3836 | 4313 | 4039 | 4555 |
| Fixed Assets | 588 | 716 | 1042 | 1139 | 1170 | 1213 | 1142 |
| CWIP | 121 | 211 | 218 | 250 | 134 | 92 | 79 |
| Investments | 633 | 1070 | 1152 | 1177 | 1775 | 1261 | 1688 |
| Other Assets | 1358 | 1136 | 1037 | 1270 | 1235 | 1472 | 1646 |
| Total Assets | 2700 | 3133 | 3448 | 3836 | 4313 | 4039 | 4555 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Dec 2005 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 298 | 229 | 441 | 581 | 612 | 565 | 212 |
| Cash from Investing Activity | -479 | -663 | -482 | -131 | -590 | 457 | -367 |
| Cash from Financing Activity | 516 | -31 | -36 | -286 | -20 | -963 | 28 |
| Net Cash Flow | 334 | -465 | -77 | 165 | 2 | 58 | -127 |
| Free Cash Flow | 82 | -3 | 106 | 409 | 522 | 456 | 138 |
| CFO/OP | 140 | 77 | 104 | 160 | 122 | 121 | 75 |

### Ratios

| Item | Dec 2005 | Dec 2006 | Dec 2007 | Dec 2008 | Dec 2009 | Dec 2010 | Dec 2011 |
| --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 59 | 72 | 72 | 64 | 59 | 62 | 75 |
| Cash Conversion Cycle | 59 | 72 | 72 | 64 | 59 | 62 | 75 |
| Working Capital Days | 10 | 11 | 19 | -12 | 9 | 32 | 48 |
| ROCE % | — | 23 | 23 | 16 | 18 | 20 | 13 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 3 / 6 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 508.22 | Sell |
| EMA (10) | 507.1 | Sell |
| SMA (20) | 532.31 | Sell |
| EMA (20) | 518.3 | Sell |
| SMA (50) | 527.89 | Sell |
| EMA (50) | 524.53 | Sell |
| SMA (100) | 526.84 | Sell |
| EMA (100) | 516.4 | Sell |
| SMA (200) | 488.18 | Buy |
| EMA (200) | 492.26 | Buy |

### Oscillators — summary: **Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 39.54 | Neutral |
| MACD (12,26,9) | -11.02 | Sell |
| Stochastic (14,3,3) | 16.05 | Buy |
| ADX (14) | 17.92 | Neutral |
| Williams %R (14) | -75.78 | Neutral |
| ATR (14) | 22.37 | High Volatility |
| ROC (12) | -8.33 | Sell |
| Stoch RSI (14) | 38.1 | Neutral |
| UO (7,14,28) | 44.59 | Neutral |

## Filings & Documents

### Annual Reports

| Date | Document |
| --- | --- |
| 2011 | [Annual Report 2011](https://archives.nseindia.com/annual_reports/AR_PATNI_2010_2011_29032012082526.zip) |
| Dec 2010 | [Annual Report 2010](https://www.bseindia.com/bseplus/AnnualReport/532517/5325171210.pdf) |
| 2010 | [Annual Report 2010](https://archives.nseindia.com/annual_reports/AR_PATNI_2010_2010_17062011050505.zip) |
| 2009 | [Annual Report 2009](https://archives.nseindia.com/annual_reports/AR_PATNI_2009_2009_18082010121500.zip) |

### Credit Rating Reports

| Date | Document |
| --- | --- |
| 2014-01-13 | Credit rating update — CRISIL |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:59:15.146Z.