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MRO Tek


MRO Tek operates in the computer hardware industry within the networking and communications segment.  It manufactures digital modems and converters and aims to cater to 3g/broadband demand.

The company has reported a consistent decline in revenues and operating profits over the last five years, representing a decline in competitiveness – it reported operating losses on revenues of about 25cr in the last financial year.  However, it had a net cash position of about 16cr as at 30th September, 2011.

The business operates in a fast-changing field where new technology renders business models obsolete.  This, perhaps, is the reason for the company’s massive revenue decline.  It is also exposed to the risks of delayed launches and large gestation periods of own products, which could be lethal in such a dynamic industry.
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