SPARC

SPARC

SPARC.NS
Vadodara, India· Est.
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SPARC.NS · Stock Price

INR 166.85+26.19 (+18.62%)
Market Cap: $594.6M

Historical price data

Market Cap: $594.6MFounded: 1996Employees: 300+HQ: Vadodara, India

Overview

SPARC is a mission-driven technology services company that harnesses geospatial intelligence (GeoICT) to drive sustainable development and operational efficiency for government and corporate clients. Founded in 1997, it has cemented its position as a trusted partner through the successful execution of 500+ projects, including landmark initiatives like the world's largest slum land titling project. Its strategy revolves around integrating core GIS, remote sensing, and software development expertise to create innovative, scalable solutions that address complex socio-economic and environmental challenges.

Biotech

Technology Platform

Integrated GeoICT platform combining geospatial data acquisition (DGPS, UAV, remote sensing), spatial data analytics/AI/ML, and full-stack software development to deliver end-to-end mapping and decision-support solutions.

Funding History

1
IPOUndisclosed

Opportunities

SPARC is poised to capitalize on massive government digitalization initiatives in India (e.g., property titling, smart cities) and the global urgency around climate change, which drives demand for environmental monitoring and sustainable resource management solutions.
Its proven project execution provides a strong foundation for geographic expansion and vertical diversification into sectors like logistics and renewable energy.

Risk Factors

Key risks include high dependence on government contracts, particularly from the state of Odisha, exposing the company to political and budgetary cycles.
Execution risks on complex, large-scale field projects and intense competition from both large IT firms and niche players could pressure margins and market share.

Competitive Landscape

SPARC competes with large IT services firms (e.g., TCS, Infosys), global geospatial specialists, and domestic GIS consultancies. Its competitive moat is built on deep government project experience, an integrated end-to-end service model, and cost-effective innovation tailored for large-scale public sector challenges in developing economies.