DATAMATICS · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Datamatics Global Services board approved a final dividend of Rs. 5 per equity share (100% on face value of Rs. 5) for FY26, subject to shareholder approval at the ensuing AGM. The company reported strong FY26 results with standalone revenue of Rs. 672 crore and net profit of Rs. 89 crore, while consolidated revenue stood at Rs. 1,987 crore with net profit of Rs. 195 crore. The board also approved a scheme to amalgamate two wholly-owned subsidiaries (Dextara Digital and Datamatics Cloud Solutions) into the parent company to streamline operations and create a comprehensive digital transformation offering. Additionally, Mr. Rahul L. Kanodia was re-appointed as Vice Chairman & CEO for 5 years, and two new independent directors were appointed.
The 100% dividend payout signals consistent shareholder returns and reflects strong cash generation. The amalgamation of subsidiaries may improve operational efficiency and simplify the group structure, potentially benefiting long-term valuation. Shareholders should monitor the upcoming AGM for final dividend approval.