ICSA (India) Ltd. is a leading player which provides technology-oriented solutions in the Power Transmission & Distribution (T&D) segment. The Company has made commendable progress in the embedded technology segment of the Power Sector which helps to identify T&D losses and monitor power consumption using GSM Network. Its products and services help in increasing the efficiency in Power T&D segment by the use of advanced technologies like Smart Meters, high-accuracy electronic functions, tamper detection devices, remote billing systems etc. These smart meters have good scope for growth in the energy sector, particularly in oil and natural gas & also in the water distribution segment. ICSA is also one of the leading Indian companies offering turnkey services (design, supply, transport, erection) for electrical infrastructure projects in Power T & D sectors.
ICSA has registered stupendous growth in its financials in the last 10 years. Last year, the company witnessed troubled times due to delay in projects, high depreciation and interests costs. But, this is expected to be a short-term concern.
- Going forward, is ICSA likely to carry on the glory of its past?