DIGITIDE
Digitide Solutions Ltd
NSE BSELast Traded Price
₹64.18
0.97 (1.53%)
Open
₹63.2
High
₹64.4
Low
₹61.64
Prev Close
₹63.21
Industry
IT Enabled Services
Market Cap
956.70 Cr
Filing History
Recent corporate announcements and filings for 544413
Business Update
Positive
2026-11-06 11:50
Current scenario:
- Consolidated revenue for Q2 FY27 stood at approximately INR 760 crores, down 2% sequentially due to conscious exits from low-margin contracts and contract renegotiations.
- EBITDA improved by 2.5% Q-on-Q to INR 79 crores, with EBITDA margin expanding by 45 basis points to 10.4%.
- Reported PAT tripled from INR 2.9 crores in Q1 to INR 8.9 crores in Q2.
- Total Contract Value (TCV) bookings increased by 95% sequentially to almost INR 400 crores, and AI-led revenue doubled sequentially to INR 30.5 crores.
- Staff headcount reduced by 7% Q-on-Q to 50,000, while revenue per staff increased by 12%.
Changes in trends:
- International revenue grew 13.5% YoY to INR 323 crores, and Tech & Digital revenue grew 6.6% YoY to INR 244 crores.
- Signed a significant Build-Operate-Transfer (BOT) mandate in the Philippines for 1,000 people, with ~700 already in mobilization.
- Established strategic alliances with AWS and Anthropic to boost cloud, data, and AI solutioning.
Management Guidance & Outlook:
- Committed to achieving the previously guided 200 bps margin improvement for the full year FY27.
- Focused on improving earnings quality, driving cash conversion, strict working capital discipline (targeting improved DSO in H2), and executing high-impact cost optimization initiatives.
- Cash proceeds from the Alldigi buyback will primarily be utilized to reduce standalone debt.
Business Update
Neutral
2026-11-03 16:50
- Digitide Solutions Limited informed the exchanges about the audio recording of the Earnings Conference Call for Q2FY27 held on November 03, 2026.
- The recording has been made available on the company website.
Business Update
Positive
2026-11-02 23:18
- Digitide Solutions Limited submitted its Investor Presentation for the second quarter and half year ended September 30, 2026.
- Q2FY27 Revenue stood at ₹759.6 Cr (down 2% QoQ) and EBITDA at ₹78.8 Cr (up 2.5% QoQ).
- New sales (TCV) grew significantly by 95% QoQ to reach ₹400 Cr.
- AI-led revenues doubled QoQ to ₹30.5 Cr, constituting 4.1% of Q2FY27 revenues.
- The company implemented a new operating model with leadership resets and stronger working capital discipline.
Financials
Positive
2026-11-02 22:34
Q2 FY27 Consolidated Revenue ₹759.6Cr vs ₹764.2Cr (▼0.6% YoY)
EBITDA ₹78.8Cr vs ₹85.2Cr (▼7.5% YoY)
PAT ₹8.9Cr vs ₹2.8Cr (▲217.8% YoY)
EBITDA Margin 10.4% vs 11.1% (▼78bps)
Governance
Neutral
2026-11-02 22:25
- Digitide Solutions Limited has allotted 281,089 equity shares of face value ₹10 each pursuant to the exercise of RSUs under the Special Purpose Stock Ownership Plan 2025.
- Consequent to this allotment, the paid-up equity share capital of the company increased from 149,179,830 shares (₹1,491,798,300) to 149,460,919 shares (₹1,494,609,190).
Financials
Neutral
2026-11-02 22:08
Q2 FY27 Consolidated Revenue ₹759.62 Cr vs ₹764.19 Cr (▼0.6% YoY)
EBITDA ₹78.77 Cr vs ₹71.23 Cr (▲10.6% YoY)
PAT ₹8.91 Cr vs ₹2.91 Cr (▲206.5% YoY)
EBITDA Margin 10.4% vs 9.3% (▲105bps)
Business Update
Neutral
2026-10-22 15:10
Concall Schedule
Concall Date: November 3, 2026
Concall Time: 11:00 AM IST