Panoramic Universal Limited

Add to watch list to get report alerts
BSE Code: 531816       NSE Code: PANORAMUNI

Business Profile
Business Profile
Panoramic Universal operates in the hospitality, software education and information technology sectors. Formerly an IT company known as IT Microsystems, the company has changed both its name and focus during 2006.

More than 50% of the company`s revenue for the latest year was from the new focus area and hospitality. The Mumbai, India-based company has hotels and resorts in India, USA and New Zealand.

Financials
Panoramic Universal registered a sharp drop in net profits of Rs 28.25 million for the quarter ended in June 2007 from a profit of Rs 31.88 million for the quarter ended in June 2006Net Sales rose 34.43% to Rs 94.61 million for the quarter ended June 2007 from Rs 70.38 million for the quarter ended June 2006.Total income rose 33.25% to Rs 94.85 million for the quarter ended June 2007, from Rs 71.18 million for the quarter ended June 2006.The earnings per share (EPS) of the company stood at Rs 2.18 in the quarter ended June 2007 .

Recent Developments
24-DEC-07
Consolidating the foray in the international travel and tourism business, Panoramic Universal acquired the business of Future Travels - a travel agency based in the heart of New York City. This acquisition marks its diversification in US business where it already owns 5 hotels with 900 rooms under operation.

20-DEC-07
Panoramic Universal acquired Future Travels, a New York - based travel agency doing business since three decades.

12-NOV-07
Panoramic Universal made its foray into travel and tourism industry with acquisition of 51% stake in Hi-Flyers Travel Services, which is catering to premium corporate travellers like Sharekhan, Akruti Foundation, SSKI, Jam Irrigation, Supreme Industries, Boroughs India etc. Hi-Flyers Travel Services is a full service travel outfit with a successful track record of a decade.

29-OCT-07
Panoramic Universal acquired 4.46% stake in Inter-connected Stock Exchange of India (ISE) at Rs 250 a share. The acquisition has been made under `The Inter connected Stock Exchange of India Demutualisation Scheme 2005.`

Future Plans
The company is planning to enter real estate and construction businesses.

Other Information
Annual Reports for Panoramic Universal Limited
Annual Report YearDownload Annual ReportDownload Report Preview
2016-17
2015-16
2014-15
2013-14
2012-13
2011-12
2010-11
2009-10
1998-99
1997-98
1996-97

Please Note: Clicking on the download link will add the report to your downloaded reports. You will be able to download it at any time during the subscription period.

Free reports will not be deducted from your subscription.


Request a Report
Close
Select Year  
Description