Satyam is billion-dollar Company

By agencies   |   Monday, 27 June 2005, 07:00 Hrs
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CHENNAI: The brand value of Satyam Computer Services has attained $1 billion mark, even before the company’s revenue is all set to hit $1 billion.

As per the company’s annual statement, its brand value recorded $1.06 billion. The brand value was calculated by taking previous two profit in to account considering it to the present value. For non-branded purposes, it has provided five percent of the employed average capital and providing income tax at the current rate, and the brand multiple based on internal evaluation.

The enterprise value or the market value of share together with the debt outstanding was estimated at$3 billion, up from the Rs 6.74 billion in 2001 and Rs 9.80 billion in 2004. The company’s intangible asset represents 86.81 percent of its total assets in the form of human resources.

B Ramalinga Raju, chairman said ¬ď the diversified business portfolio has reduced the revenue contribution from top five customers to 27.7 percent from 43.7 percent. The revenue from the top ten customers has reduced from 55.9 to 43.7 percent. Revenue from Europe and the rest of the world accounted a raise from 23.5 percent to 30.98,¬Ē he added.

The company has thoughts on focusing R & D particularly towards applied research in communication and computation area.

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