13th August, 2021, Mumbai: Datamatics Global Services Ltd. (DGSL), a global Technology, Business Process Management and Digital Solutions company, today announced the financial results for the first quarter ended June 30, 2021.
Key Financial Highlights – Q1FY22
|
Particulars (₹ in Mn)
|
Q1 FY22
|
Q1 FY21
|
YoY %
|
Q4 FY21
|
QoQ %
|
|
(Q1FY21 financials excluding Cignex Datamatics divested in Q4FY21)
|
|
Revenue from Operations
|
2,877.5
|
2,365.9
|
21.6%
|
2,832.9
|
1.6%
|
|
EBITDA
|
414.2
|
223.3
|
85.5%
|
418.5
|
(1.0%)
|
|
EBITDA Margin %
|
14.4%
|
9.4%
|
496bps
|
14.8%
|
(38bps)
|
|
PAT
|
395.9
|
108.0
|
266.6%
|
286.6
|
38.1%
|
|
EPS (Diluted) (Rs)
|
6.72
|
1.83
|
266.6%
|
4.86
|
38.1%
|
|
Particulars (₹ in Mn)
|
Q1 FY22
|
Q1 FY21
|
YoY %
|
Q4 FY21
|
QoQ %
|
|
Reported Numbers
|
|
|
|
|
|
|
Revenue from Operations
|
2,877.5
|
2,770.9
|
3.8%
|
2,832.9
|
1.6%
|
|
EBITDA
|
414.2
|
285.6
|
45.0%
|
418.5
|
(1.0%)
|
|
EBITDA Margin %
|
14.4%
|
10.3%
|
409bps
|
14.8%
|
(38bps)
|
|
PAT
|
395.9
|
135.1
|
193.1%
|
286.6
|
38.1%
|
|
EPS (Diluted) (Rs)
|
6.72
|
2.29
|
193.1%
|
4.86
|
38.1%
|
The Board of directors have declared an Interim Dividend of ₹ 2.50 per Equity Share i.e. 50% on Equity Shares of ₹ 5.00 each for the financial year 2021-22 at the meeting held on 13th August, 2021.
Commenting on the results and financial performance, Rahul Kanodia, Vice Chairman and CEO said, “Datamatics has performed well in Q1 on all fronts including revenue, EBITDA and PAT. This is primarily due to recovery from COVID impact in Q1 last year and consistent efforts in controlling costs. I would like to thank all the Datamaticians for their support and commitment during the challenging time of the pandemic.”
Operational Highlights
- For Q1FY22, USA continues to be major contributor at 58% whereas contributions from UK, Europe, India and Rest of World stood at 11%, 4%, 22%, and 5% respectively
- In terms of sectorial contribution to the revenue, Publishing, BFSI and Technology & Consulting were the top three sectors contributing 28%, 26% and 18% respectively
- Top 5 clients contributed 26%; top 10 clients contributed 38%, whereas contribution from top 20 clients to the revenue for quarter stood at 52%
Business Updates for Q1FY22
- Datamatics added 7 new customers in Q1FY22
- Datamatics recognized in the 2021 Gartner Market Guide for Finance and Accounting Business Process Outsourcing
- Datamatics wins IMC Digital Technology Award for its Digital Workplace solution for UTI Asset Management Company (AMC)
- Datamatics awarded as the Best Service Provider at ICICI Prudential Annual TATVA Award 2021. Datamatics has been winning this recognition from the customer consistently for past five years.
- Lalit Kanodia, Founder and Chairman Datamatics Group, bestowed with the IMC Lifetime Achievement Award.
- Due to second wave of COVID-19 Datamatics stepped up its CSR initiatives. Datamatics, through an NGO Suraj Hope Foundation, contributed for oxygen plant to a hospital through the Rotary Club of Delhi Premier. Datamatics also donated mobile toilets and bathrooms for the rehabilitation center of COVID-19 patients at Puducherry. The handover was done to the honorable Chief Minister, Shri N. Rangaswamy of Puducherry.
About Datamatics Global Services Limited
Datamatics (BSE: 532528 | NSE: DATAMATICS) a Digital Solutions company that provides intelligent solutions for data-driven businesses to increase productivity and enhance the customer experience. With a complete digital approach, Datamatics portfolio spans across Technology Solutions, Business Process Management and Engineering Services powered by Artificial Intelligence. It has established products in Robotic Process Automation, Intelligent Document Processing, Business Intelligence and Automated Fare Collection. Datamatics does business with global customers across Banking, Financial Services, Insurance, Healthcare, Manufacturing, International Organizations, and Media & Publishing. The Company has presence across 4 continents with major delivery centers in the USA, India, and Philippines. To know more about Datamatics, visit www.datamatics.com
Safe Harbour
Some of the statements in this update that are not historical facts are forward-looking statements. These forward-looking statements include our financial and growth projections as well as statements concerning our plans, strategies, intentions and beliefs concerning our business and the markets in which we operate. These statements are based on information currently available to us, and we assume no obligation to update these statements as circumstances change. There are risks and uncertainties that could cause actual events to differ materially from these forward-looking statements. These risks include, but are not limited to, the level of market demand for our services, the highly-competitive market for the types of services that we offer, market conditions that could cause our customers to reduce their spending for our services, our ability to create, acquire and build new businesses and to grow our existing businesses, our ability to attract and retain qualified personnel, currency fluctuations and market conditions in India and elsewhere around the world, and other risks not specifically mentioned herein but those that are common to industry.
For media queries, please contact:
Amit Nagarseker
Marketing & Corporate Communications
amit.nagarseker@datamatics.com
+91-9619942041
