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KLG Systel Ltd.
Sunday, May 27, 2007
KLG Systel (KLG) is promoted by Mr.Kumud Goel who has been in the information technology industry for more than 17 years. KLG is a leading Knowledge company providing IT-centric, organization-life-cycle software solutions, consultancy, support and training and services to organizations in the process, power, manufacturing and infrastructure sectors.
KLG Systel is a unique blend of an information technology company which caters to the two hyper growth sectors on India economy – Infrastructure through (SBU – Life Cycle Solutions) and Power (SBU- Power System solutions - Vidushi and SG61).
Its Power Systems Solutions SBU has developed a comprehensive proprietary hardware and software solution backed by 9 patents (applied for) enabling online collection, reconciliation and management of power injected, consumed, metered and billed in the transmission and distribution network.
Its software solution “VIDUSHI” will be the IT backbone of revenue management in the power sector. VIDUSHI integrates prime activities i.e. GIS & Electrical Network Mapping, Mapping consumers to Poles, Distribution Transformer & upstream network for Energy Audits, Door to Door Survey etc., which results in Energy Accounting, Billing and Revenue Collection activities.
KLG has innovated and developed a unique real-time solution to manage the problems in power in T&D, from monitoring and control of AT&C losses and demand side management. This solution which is a combination of business processes, hardware and software is christened as SG-61 Technology.
The company will very shortly be launching a highly innovative unique product targeted at all consumers having a monthly electricity consumption of Rs.20000 plus. This product once installed at the premises of consumers will help them monitor and control power usage through web. We expect this product to be a blockbuster and take KLG on a high growth path. Our projections however do not include any sales from this .
KLG has received an order worth Rs 100 Cr from Rajasthan Govt under the Feeder Renovation Programme. 70% of the order needs to be executed by March’07.
KLG is a company that combines innovation and technology to register high growth. It is available at a low P/E of 10.92 and 6.93 times on earnings of FY08 and FY09 respectively




