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Polaris Software Lab Limited Company Profile - Aug 19, 2011

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Polaris Software Lab Limited (Polaris), along with its subsidiaries and associates, is engaged in the business of information technology (IT) services and IT-enabled services delivering customized software solutions and products in the domain of contemporary services which include banking and financial services. It operates in two segments: Banking and financial services and Emerging verticals. On May 10, 2010, the Company acquired 51% interest in Indigo TX Software Private Limited (Indigo), a SAAS Software developer. On April 1, 2011. During the fiscal year ended March 31, 2011, Polaris acquired SFL Properties Private Ltd (SFL). Its subsidiaries include Polaris Software Lab Pty Ltd, Polaris Software Lab Canada Inc, Polaris Software Lab Ltd and Polaris Software Lab B.V.

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									Company Fundamentals\Company Profile

   A Wright Investors' Service Research Report:

   Polaris Software Lab Limited
                                                                                         440 Wheelers Farms Road
                                                                                         Milford, CT 06461 U.S.A.


  COMPANY PROFILE
  Figures in Indian Rupees

                                 Wright Quality Rating:DAA18                                Key Data

   Polaris Software Lab Limited (Polaris), along with its subsidiaries and associates, is   Ticker:
   engaged in the business of information technology (IT) services and IT-enabled           532254
   services delivering customized software solutions and products in the domain of
   contemporary services which include banking and financial services. It operates in       2011 Sales:
   two segments: Banking and financial services and Emerging verticals. On May 10,
                                                                                            15,863,314,000
   2010, the Company acquired 51% interest in Indigo TX Software Private Limited
   (Indigo), a SAAS Software developer. On April 1, 2011. During the fiscal year ended
   March 31, 2011, Polaris acquired SFL Properties Private Ltd (SFL). Its subsidiaries      Major Industry:
   include Polaris Software Lab Pty Ltd, Polaris Software Lab Canada Inc, Polaris           Electronics
   Software Lab Ltd and Polaris Software Lab B.V.
                       Stock Chart                                Officers           Sub Industry:
                                                         Chairman, Chief Executive & Miscellaneous Electronics
                                                              Managing Director
                                                                  Arun Jain          Country:
                                                                                     India
                                                           Chief Operating Officer
                                                                Govind Singhal       Currency:
                                                                                            Indian Rupees
                                                          President & Chief Financial
                                                                    Officer
                                                                                            Fiscal Year Ends:
                                                                 R. R. Srikanth
                                                                                            March
                                                               Senior Vice President
                                                               Finance & Secretary          Employees
                                                                B. Muthusubramanian         10,974

                                                                                            Exchanges:
                                                                                            BOM

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