NSE: DATAMATICS · BSE: 532528
DATAMATICS GLOBAL SER LTD
Provides IT and digital services through three reporting segments. Digital Operations, the largest, generated Rs 1,101.41 crore in FY26 (55.4% of segment revenue) with EBIT of Rs 206.38 crore; Digital Technologies contributed Rs 626.51 crore (31.5%) with EBIT of Rs 60.59 crore; and Digital Experiences contributed Rs 259.23 crore (13.0%) with EBIT of Rs 20.6 crore. Total revenue for FY26 stood at Rs 1,987.15 crore. Employee costs are the dominant input, accounting for 61.8% of revenue, with other operating expenses at 19.5% and depreciation at 4.2%. In July 2026, the company completed the acquisition of the remaining 20% stake in TNQ Tech for Rs 206.80 crore — a pre-press publishing and content technology firm with FY26 turnover of Rs 338 crore — lifting combined global headcount past 7,500. The business holds a Salesforce Platinum Partner designation with a 4.9-star rating, has been selected by a North American transportation and logistics provider for an enterprise-wide Salesforce Sales Cloud CRM rollout, and is partnering with SBI Life Insurance to deploy its TruAI Agentic AI underwriting solution. AR · MarketPing reader · 2026-08-02
Revenue streams, as the annual report describes them. Digital Operations (55%), Digital Technologies (32%), Digital Experiences (13%). People-intensive IT services business with growing content technology exposure
Exhibit 1: Financial summary, FY22–FY26 (all audited; no estimate years)
| ₹ crore · consolidated | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Revenue | 1,201 | 1,459 | 1,550 | 1,723 | 1,987 |
| EBITDA (ex other income) | 202 | 243 | 244 | 261 | 307 |
| margin % | 16.8 | 16.6 | 15.7 | 15.1 | 15.4 |
| Owners' profit | 157 | 189 | 198 | 205 | 194 |
| EPS, as reported (₹) | 26.71 | 26.71 | 33.60 | 34.71 | 32.86 |
| ROE % · ROCE % | 18.2 · 21.8 | 17.8 · 22.5 | 16.1 · 19.9 | 15.2 · 14.7 | 12.7 · 15.6 |
| Debt / equity (x) | 0.06 | 0.00 | 0.00 | 0.12 | 0.09 |
| Cash from operations | 182 | 131 | 184 | 224 | 324 |
| Capex | (24) | (40) | (16) | (36) | (40) |
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 407 | 425 | 497 | 468 | 490 | 510 | 519 | 514 |
| Profit before tax | 53 | 88 | 56 | 64 | 81 | 42 | 74 | 92 |
| Net profit | 42 | 75 | 45 | 50 | 63 | 36 | 45 | 72 |
| EPS (₹) | 7.18 | 12.58 | 7.60 | 8.52 | 10.70 | 6.16 | 7.48 | 12.24 |
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Digital Operations | 1,101 | 55.4 |
| Digital Experiences | 259 | 13.0 |
| Digital Technologies | 627 | 31.5 |
| Total, before eliminations | 1,987 | 100.0 |
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| L&T TECHNOLOGY SER. LTD. | 43,370 | 32.9 | 6.68 | 20.0 | 19.7 | 21.1 | 15.1 | 19.6 |
| INVENTURUS KNOWLEDGE SO L | 28,839 | 37.0 | 10.30 | 26.2 | 25.8 | 27.7 | — | 33.6 |
| TATA TECHNOLOGIES LIMITED | 26,430 | 47.4 | 6.74 | 28.7 | 13.9 | 14.3 | — | 18.3 |
| NETWEB TECH INDIA LTD | 25,071 | 95.9 | 34.66 | — | 28.5 | 37.5 | — | 15.7 |
| SAGILITY LIMITED | 21,192 | 21.4 | 2.19 | 12.0 | 9.6 | 11.6 | — | 22.3 |
| AFFLE 3I LIMITED | 19,968 | 41.7 | 5.47 | 27.3 | 12.5 | 15.2 | 39.3 | 25.8 |
| BLACK BOX LIMITED | 14,418 | 61.8 | 11.20 | 28.7 | 16.9 | 9.5 | 6.2 | 8.4 |
| CYIENT LIMITED | 12,888 | 33.8 | 2.09 | 11.7 | 7.5 | 9.7 | 12.0 | 13.0 |
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 19.8 | 17.9 | 43 of 76 | 44% |
| P/B | 2.8 | 2.2 | 46 of 70 | 33% |
| ROCE | 14.5 | 9.6 | 26 of 86 | 71% |
| ROE | 12.7 | 9.2 | 21 of 70 | 71% |
| Debt / Equity | 0.1 | 0.0 | 43 of 70 | 39% |
| EBITDA margin | 23.2 | 13.0 | 21 of 69 | 71% |
| Revenue growth | 9.9 | 20.8 | 49 of 67 | 27% |
| Profit growth | 43.7 | 14.6 | 20 of 64 | 70% |
| Market cap | 4273 | 325 | 11 of 87 | 88% |
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | Next day % | 5-day % |
|---|---|---|---|---|
| 28 Oct 2026 · Board meeting set for November 3, 2026 results | results | low | — | — |
| 16 Oct 2026 · Datamatics appoints Dr. Rajesh Gharpure as President and COO | management changes | high | — | — |
| 15 Oct 2026 · Datamatics appoints Dr. Rajesh Gharpure as Chief Operating Officer | management changes | medium | — | — |
| 8 Oct 2026 · RTA files quarterly compliance certificate on dematerialization of shares | compliance | minimal | — | — |
| 30 Sept 2026 · Trading window closed ahead of Q2 results | compliance | minimal | — | — |
| 30 Sept 2026 · Newspaper ad filed on special window for demat of physical shares | compliance | minimal | — | — |
| 29 Sept 2026 · Datamatics wins Prometric deal for global remote exam operations | business updates | high | — | — |
| 21 Sept 2026 · Independent Director Kanika Mittal completes first term | management changes | medium | — | — |
| 18 Sept 2026 · Datamatics 38th AGM: All 4 resolutions passed, Rs 5 dividend approved | board shareholder meetings | medium | — | — |
| 18 Sept 2026 · Datamatics 38th AGM: Rs 5 dividend, director re-appointments approved | board shareholder meetings | low | — | — |
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.