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About Cigniti Technologies
Cigniti Technologies Ltd (Formerly Chakkilam Infotech Ltd.) is an independent Software Testing Services Company. It is focused on software testing services and medical transcription. Over the last 14 years the company has worked with companies in US and India to deliver quality software through a combination of onsite consulting and offshore delivery. The company was incorporated in the year 1998.
The Company offers functional testing, performance testing and test automation and security testing. The Companys testing services for enterprise information technology (IT) organizations cover test management, test automation and tools, functional testing, non-functional testing and test environment management. The Companys transcription services include medical transcription, business transcription and legal transcription. The Companys engineering services include providing solutions in the CAD/CAM/CAE for the engineering industry. The Companys services mainly involve digitization of drawings into vector formats, three dimensional (3D) modeling, design and analysis.
In September 2011, the company acquired Cigniti Inc.
In 2012, the company enters into a multi-year contract with one of the largest robotics & toy manufacturer in the world. The company enters into a long term engagement with a Performance Management and Business Intelligence Solution Provider in the Hospitality Industry. The company signs partnership with Neotys for its load testing tool NeoLoad. During the year, the company also became a "Certified Mobile Testing Services" Partner for Keynote DeviceAnywhere 2013. The company was ranked 293 among the world`s top 400 Annual reports and was the highest ranked among the Indian companies listed in the report. The company also becomes World`s First Independent Software Testing Services Company to Be Rated at CMMI-SVC v1.3 Maturity Level 3. The company acquires Gallop Solutions during the year under review.
In 2014, the company is chosen as the worthy recipient of the 2014 Global Frost & Sullivan Customer Value Leadership Award Automated Software Testing Services. The company has been recognized as the `Fastest Growing Company in Asia` in Forbes Asia Best Under a Billion Forum 2014. During the year, the company expands Operations in UK Opens office in London.
In 2015, the company has been appraised at Level 5 of the CMMI Institute`s Capability Maturity Model Integration (CMMI). The company also Wins 2015 Business Today BEST SME Award for Global Excellence during the year under review.
Parent Organisation
Indian Private
Managing Director
C V Subrahmanyam
Founded
1998
NSE Symbol
CIGNITITEC
Community Discussion
B
bharatbisht
20th Mar, 2024
In December 2023, Cigniti Technologies achieved net sales of Rs 468.02 crore, marking a growth of 9.35% compared to Rs 427.99 crore in December 2022. The quarterly net profit for December 2023 was Rs 48.04 crore, showing a modest 3.2% increase from Rs 46.55 crore in December 2022. EBITDA (earnings before interest, tax, depreciation, and amortization) reached Rs 71.88 crore in December 2023, experiencing a slight 0.14% increase from Rs 71.78 crore in December 2022.
Cigniti Technologies’ earnings per share (EPS) increased to Rs 17.60 in December 2023 from Rs 17.08 in December 2022.
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What is the share price of Cigniti Technologies Ltd (CIGNITITEC) shares?
Cigniti Technologies Ltd (CIGNITITEC) share price as of October 7, 2024, on NSE is Rs 1374.5 (NSE) and Rs 1374.5 (BSE) on BSE.
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