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13 Sep 2025 |
Intellect Design Arena
|
Consensus Share Price Target
|
1021.95 |
1120.75 |
- |
9.67 |
hold
|
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09 Jun 2016
|
Intellect Design Arena
|
Karvy
|
1021.95
|
242.00
|
212.20
(381.60%)
|
|
Buy
|
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Investments on Sales & Marketing continue to support growth plan: Intellect focusing on investments towards increasing sales and marketing bandwidth and has invested $10 Mn incrementally towards this purpose. Investments in Selling and Marketing, General and Administration (SG&A;) expenses for FY16 stood at Rs. 3402 Mn which is 42.0% of revenue as against Rs. 2611 Mn which was 43.0% of revenue last year. Although hiring and brand building is a continuous process so going forward, management expects sales and market expenses to maintain at Rs. 850-900 mn run rate quarterly.
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