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Compage Group: Crossing the threshold mark of Rs 100 crore
 

 

 
Saturday, September 23, 2006

 

Compage Group posted a revenue of Rs 103 crore in the last year. Now, the company has entered into the select club of big league players in south India, to be watched out for their performance and growth in the coming years

Last year the Compage Group crossed the threshold mark of Rs 100 crore in revenue. Now, the company has entered into a select club of big league of players in south India, to be watched out for their performance and growth in the coming years. Compage Group mainly consists of four businesses - Compage Data Products (for supplies); Compage Data Products (retail initiative); Arun Computers (mainly focusing on end-customers) and Compage Computers Pvt Ltd (which is into sub-distribution). Though, the company entered into IT business with Compage Data Products in 1993, their flagship business is Compage Computers (started in 1997) which pegged a turnover of Rs 74 crore in the last year - thanks to the sustained channel initiatives and expansion programs.

19

 

CEO: G Mahender
Highlights
  • Strengthened the channel network

  • Appointed exclusive product managers to bring in focus

  • Putting more thrust on retail business

  • Started focusing on value and high-end products

Retail is another key area where the company focused more in the last year. The company grew significantly to become the number one Lenovo retail store in south India. Retail contributed nearly 10 percent to the total turnover. Now, the company plans to open more retail stores across Andhra Pradesh, covering emerging markets like Visakhapatnam, Warangal and Vijayawada, among others. It wants to get into multi-branded showroom concept. Compage first started its retail initiative with IBM about three years ago.

In sub-distribution, the company strengthened its position almost with all brands and expanded its channel reach in the market. Last year, it appointed exclusive product managers for specific product groups, which brought in the required focus to business. Overall, it had seven product managers covering major brands like HP, Intel, Samsung, LG, TVS-E, Microsoft et al. On the channel front, it got very aggressive by appointing two resellers in every region and covered almost all the districts of Andhra Pradesh. It strengthened its relationship with channel partners across the state by conducting regular meets and programs, which helped the company to grow its sub-distribution business.

Finally, on the supplies side, the company dealt with caution, as there was too much competition. It focused only on existing accounts and tried to take piggyback on corporate orders for other requirements. It has a fairly distributed market segment with contributions from home, SOHO, SMB, BFSI, government, IT, ITeS, telecom, retail and channel partners.

The company will move on to value-business and high-end products in the coming years, to protect its margins in business.

l CEO: G Mahender l START-UP YEAR: 1993 l EMPLOYEES: 76 l BRANDS: LG, Samsung, HP, Intel, Epson, Seagate, Microsoft, Sony, TVS-E
l
ADDRESS: #101, Karan Trade Center, SD Road, Secunderabad – 500003 l TEL: 040-66310796 l WEBSITE: www.compagegroup.com

SILVER CLUB RANK (2004-05): NEWCOMER

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