Digitide Solutions Share Price

IT Consulting & Software company Digitide Solutions announced Q4FY26 & FY26 results Consolidated Financial Highlights: Revenue from Operations: In Q4FY26, consolidated revenue stood at Rs 7,999.52 million, representing a QoQ growth of 2.52% from Rs 7,803.03 million in Q3FY26 and a YoY increase of 9.21% compared to Rs 7,325.22 million in Q4FY25. For the full year FY26, revenue reached Rs 30,801.81 million. Total Income: Total income for Q4FY26 was Rs 8,051.51 million, up from Rs 7,836.94 million in Q3FY26 and Rs 7,388.55 million in Q4FY25. For the full year FY26, total income stood at Rs 30,965.39 million. Net Profit/Loss: The Group reported a net loss of Rs 50.05 million in Q4FY26, compared to a loss of Rs 20.50 million in Q3FY26 and a loss of Rs 13.88 million in Q4FY25. For the full year FY26, the Group recorded a net profit of Rs 55.45 million. Total Comprehensive Income/Loss: Total comprehensive loss for Q4FY26 was Rs 72.73 million, compared to an income of Rs 111.81 million in Q3FY26. For the full year FY26, total comprehensive income was Rs 216.33 million. Earnings Per Share (EPS): Basic and Diluted EPS for Q4FY26 stood at Rs (0.85). For the full year FY26, basic EPS was Rs (1.10). Standalone Financial Highlights: Revenue from Operations: Standalone revenue for Q4FY26 was Rs 4,978.18 million, showing a marginal QoQ growth of 0.41% from Rs 4,957.92 million in Q3FY26 and a YoY increase of 7.56% from Rs 4,628.40 million in Q4FY25. For the full year FY26, revenue was Rs 19,339.22 million. Total Income: Total standalone income reached Rs 5,343.51 million in Q4FY26, up 7.55% QoQ from Rs 4,968.62 million and up 14.97% YoY from Rs 4,647.80 million. For the full year FY26, total income was Rs 20,081.63 million. Net Profit/Loss: The company reported a standalone net profit of Rs 68.53 million in Q4FY26, recovering from a loss of Rs 81.16 million in Q3FY26 and a loss of Rs 60.43 million in Q4FY25. For the full year FY26, net profit stood at Rs 211.95 million. Total Comprehensive Income/Loss: For Q4FY26, standalone total comprehensive income was Rs 12.38 million. For the full year FY26, it was Rs 252.30 million. Business Highlights: Segment Wise Performance (Consolidated FY26): Business Process Management (BPM): Reported revenue of Rs 21,700.11 million with a segment result of Rs 3,489.82 million. Tech and Digital: Reported revenue of Rs 9,101.70 million with a segment result of Rs 933.39 million. Exceptional Items: The Group recognized an exceptional loss of Rs 647.59 million for FY26 on a consolidated basis. This includes an incremental impact of Rs 412.23 million related to Employee Benefit Obligations arising from new Labour Codes and demerger-related expenses (professional services and stamp duty) aggregating to Rs 235.36 million. Listing and Demerger: The company got listed on the BSE and NSE on June 11, 2025, following a composite scheme of arrangement for demerger from Quess Corp Limited. Global Expansion: The company incorporated a new wholly owned subsidiary, "Digitide IT Solutions L.L.C S.O.C," in Dubai, United Arab Emirates, on March 11, 2026, to provide IT services and infrastructure support. Tax Reversal: A subsidiary, Alldigi Tech Limited, reversed a tax provision of Rs 103.10 million during the quarter ended March 31, 2026, following a favorable conclusion of scrutiny assessment proceedings and expiry of statutory time limits. Gurmeet Chahal, Chief Executive Officer of Digitide Solutions, stated: "We have closed our first year as an independent listed entity on a strong note, demonstrating our ability to execute with intense operational discipline in a complex global environment. Our fifth consecutive quarter of sequential revenue growth to Rs 800 crore, paired with a massive 27.2% YoY surge in Tech & Digital, validates our rapid repositioning into an AI-first digital leader. Our commercial booking momentum remains stellar, with Rs 620 crore in Q4 TCV and the acquisition of 29 high-caliber logos. Our milestone enterprise AI CoE win for a Global P&C; Insurance giant validates our deep domain verticalization and our early localization strategy in Tier-2 and Tier-3 hubs like Coimbatore. As we pivot into FY27, our priorities are absolute: scale high-value services, deepen our alliance pipelines with hyperscalers, expand our international footprint, and rigorously cultivate our talent ecosystem to sustain high-velocity revenue growth and compound long-term shareholder value." Suraj Prasad, Chief Financial Officer of Digitide Solutions, added: "Our performance this quarter underscores a structurally improving business mix and continued operating discipline, with EBITDA at Rs 88 crore and EBITDA margin at 11.0%. Our focus on aggressive working capital optimization yielded an extraordinary operating cash flow of Rs 145 crore, converting a stellar 165% of our EBITDA, while successfully lowering our DSO to 75 days. With our net cash climbing 46% quarter-on-quarter to Rs 182 crore, our balance sheet is rock-solid. Having fully absorbed our one-off transitional and wage restructuring items in FY26, we enter FY27 with a clean financial architecture and robust liquidity, giving us total flexibility to fund disciplined, high-return growth initiatives.” Result PDF

• Trendlyne
• 1 month 1 week ago

IT Consulting & Software company Digitide Solutions announced Q3FY26 results Revenue grew by 2.1% QoQ and 6.5% YoY, reaching Rs 780 crore, marking the fourth consecutive quarter of revenue growth. Tech & Digital (T&D;) revenue grew 3.1% QoQ and 18.6% YoY to Rs 236 crore; BPM posted revenue growth of 1.7% QoQ and 2.0% YoY to Rs 545 crore. EBITDA improved to Rs 88 crore (+2.8%) compared to prior quarter. EBITDA margins at 11.2%, improved marginally (7bps) compared to Q2FY26. Adjusted PAT of Rs 24 crore was up 42.5% QoQ. Adjusted PAT excludes exceptional items of Rs 25.9 crore, largely reflecting impact of change in labour code. International revenue posted 2.6% growth sequentially and 10.5% YoY to Rs 292 crore. Share of international business improved sequentially by 20bps to 37.4%. Total Contract Value (TCV) bookings surged 20% QoQ to hit an all-time high of Rs 662 crore. 34 new key logos added during the quarter. Working capital cycle improved with DSO reducing from 82 days to 79 days resulting in net cash position improving sequentially from Rs 113 crore to Rs 125 crore in Q3FY26. Gurmeet Chahal, Chief Executive Officer, Digitide Solutions,said, “This quarter has been a testament to our team's resilience and ability to execute strategically in a complex macroeconomic environment. Despite the challenges, we continue to deliver sequential revenue growth. Sales momentum posted significant improvement with TCV surging by 20% QoQ to Rs 662 crore. We have won 34 new key logos this quarter, reflecting the growing trust in our solutions and our expanding footprint across key sectors. This performance gives us confidence in the direction we are heading. We are focused on continuing to build a future-ready organization and driving long-term growth. We remain committed to enhancing stakeholder value by delivering on our promises and positioning ourselves for success in the coming quarters.” Suraj Prasad, Chief Financial Officer, Digitide Solutions, said: “Q3 FY26 has been a quarter marked by steady performance amid macroeconomic uncertainties. Our revenue for the quarter was Rs 780 crore, reflecting a growth of 2.1% from the previous quarter. Our EBITDA for the quarter was Rs 88 crore, with margins improving sequentially. We continue to prioritize cash flow generation, with working capital cycle improving further in Q3FY26. As a result, our cash and cash equivalents improved sequentially, ensuring that we are well-positioned to fund strategic initiatives. Despite the macroeconomic challenges, our financial foundation remains strong, and we are focused on executing our strategy to deliver value to our stakeholders in the coming quarters.” Result PDF

• Trendlyne
• 5 months ago

IT Consulting & Software company Digitide Solutions announced Q2FY26 results Revenue: Rs 764 crore compared to Rs 736 crore during Q1FY26, change 4.0%. EBITDA: Rs 85 crore compared to Rs 83 crore during Q1FY26, change 3.1%. EBITDA Margin: 11.1% for Q2FY26. PAT: Rs 17 crore compared to Rs 19 crore during Q1FY26, change -10.2%. Gurmeet Chahal, Chief Executive Officer, Digitide Solutions, said: “Q2FY26 marks a pivotal step in our transformation journey. Our AI-first strategy, strengthened partnerships, and focus on high-value segments are driving sustained growth and a robust, international pipeline. We are committed to accelerating performance, converting late-stage deals, and delivering enhanced stakeholder value.” Suraj Prasad, Chief Financial Officer, said: “This quarter reflects disciplined execution and financial resilience. Our strong balance sheet enables strategic investments in AI, automation, and talent, laying the foundation for sustainable growth.” Result PDF

• Trendlyne
• 7 months 3 weeks ago