1. It is no doubt Bartronics is a good company but one may have to set a realistic target from the stock. It is a safe return stock but getting money from govt is a tough proposition after execution of the projects as it is relying heavily on govt projects.

2. However good news is that company is expected to get Rs 5 billion revenues from the government segment and an increase of 16-18% in net profit margins on the projected top line of Rs 10 billion for the current financial year can be expected. Company is able to get a good amount of orders from govt as till this year company has got orders worth Rs 4 billion from the domestic market and 50% orders are from govt segment which includes smartcards, driving license projects in states such as West Bengal, Orissa, Rajasthan, Maharashtra and Kerala, and financial inclusion and national identity card programmes, which will start yielding revenues from the second quarter of FY10.
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