CG-VAK Software & Exports Ltd – Company Report
1. Company Overview
CG-VAK Software & Exports Ltd, established in 1995 and headquartered in Coimbatore, Tamil Nadu, is a leading publicly listed offshore software development and IT services company with over 30 years of industry experience. The company employs more than 525 professionals, delivering innovative digital solutions to clients across North America, Europe, Australia, Singapore, Africa, and India. CG-VAK is ISO 9001:2015 and ISO 27001:2013 certified, emphasizing a commitment to quality management, information security, and robust operations.
CG-VAK stands out for its client-centric approach, technological depth, and process-driven project delivery. The company operates with nearly no debt and maintains a prudent financial profile while scaling globally through strategic investments, high-impact partnerships, and comprehensive service offerings.
- Founded: 1995
- Headquarters: Coimbatore, Tamil Nadu, India
- Certifications: ISO 9001:2015, ISO 27001:2013
- Employees: 525+
- Listed on: BSE
- Market Cap (July 2025): ~₹136 crore
- Global Reach: USA, UK, Canada, Europe, Australia, Singapore, South Africa
2. Products and Services
CG-VAK delivers a broad range of IT products and digital services tailored for modern enterprise and SME clients:
Product Innovation
- Product Engineering & Prototyping
- Product Modernization, Migration & Maintenance
- Custom Web and Mobile Application Development
- Legacy Application Modernization
Digital Innovation
- AI-driven portals, e-commerce platforms, and digital marketing solutions
- Creative UI/UX design and enhanced user interfaces
- Digital transformation consulting and implementation
Technology Innovation
- Cloud computing (migration, hosting, managed cloud)
- Microsoft and open-source technology stack expertise
- AI/ML solutions and IoT-based implementations
- Big Data analytics and infrastructure management
- Mobile application development and cross-platform solutions
Outsourced Product Development (OPD)
- Offshore center setup and maintenance
- Predictable delivery cycles and efficient resource management
- Aligned with quality benchmarks (ISO, CMMI equivalent)
Domain Expertise
- BFSI, e-commerce, healthcare, education, networking, retail, and more
- IT consulting, process automation, business analytics, and system integration
The company’s multi-disciplinary teams and advanced process models enable scalable, cost-effective, and future-proof solutions for global clients.
3. Recent News and Financial Performance
Recent Developments
- The company retains a “Great Place to Work” certification and was recognized for workplace endurance by the Government of Tamil Nadu and CII.
- CG-VAK has executed over 2,500 large-scale successful projects globally and continues to expand with a focus on product engineering, digital innovation, and managed cloud services.
- Despite short-term fluctuations and a moderate contraction in revenue for FY2025, CG-VAK continues to invest in technology, talent, and process excellence to ensure long-term client satisfaction and sustainability.
- Over 2,500 successful global project deliveries across diverse verticals including BFSI, healthcare, education, and retail.
- Long-term clients from North America, Europe, Australia, and Asia, many of whom have retained CG-VAK as a dedicated offshore technology partner.
- Client orders typically span product engineering, managed cloud services, and digital transformation engagements lasting multiple quarters or years.
- Increasing adoption of AI-based custom software solutions among repeat clients, especially in healthcare and retail sectors.
4. Financial Performance
| Metric | FY2025 | FY2024 |
|---|---|---|
| Net Sales (₹ Cr) | 77.0 | 78.6 |
| Net Profit (₹ Cr) | 9.27 | 9.15 |
| EPS (₹) | 18.36 | 18.39 |
| ROCE (%) | 18.36 | 18.28 |
| ROE (%) | 13.8 | 13.9 |
| Operating Profit Margin (%) | 17.1 | 16.7 |
| Dividend Payout (%) | 5.45 | 5.5 |