Friend It appears you are too optimistic on this counter. Keep your feet on ground. As per plan UID is not going to be card based. it is a simple unique number and this number you have to quote while applying for many other srvices like Passport, PAN card, Ration Card etc.
Hence, I don`t see any gain for Bartronics. As this technology is chaeap, many more competitor will come up.
vjtech, I am a shareholder, and I want Bartronics to be a multibagger but even I am concerned now. I see some genuine concerns raised by a guest here. First of all, the projections made by management look very superfluous. What they have said do not match so far in the first two qtrs. Secondly, some of us have been thinking that Bartronics will benefit from UID project but Nandan has clearly said that UID is not a smart card project. They will just create unique id`s and store as much information as possible for id holders, and later on this information will be used by subscribers right from mobile phone operators to banks to passport to PDS to NREGA, so on and so forth. So there is no smart card, there could be biometric id collection but that is not Bartronics` forte.
I do not know about the execution status of Aap ke dwar but what this guest says is worrying me.
Let us wait for some more clarity on all these aspects. I was cautiously optimisitic earlier, but now I am just cautious.
For UID if smart card is not issued than also to collect this details they require biometric device in large quantity.
Also,as a whole if you consider there is a lot of scope of barcode industry in india.
Regarding apke dwar as far as I am aware its rollout was planned this year end only.and I believe tht is the reason thy are not revising their topline.I would suggest wait for 1 yr to get more clarity.
The risk till tht date is very low as it has order of 600 cr + Delhi Kiosk + Apkedwar.
"they require biometric device in large quantity" - why? For 120 crores, I think we`d need a maximum of half a million such devices at the most. Or may be less. Maybe just half a lakh.
Isn`t Delhi kiosk the same as Aap Ke Dwar? Why have you mentioned it twice?