27th October, 2021, Mumbai: Datamatics Global Services Ltd. (DGSL), a global Technology, Business Process Management and Digital Solutions company, today announced the financial results for the second quarter and half year ended September 30, 2021.
Key Financial Highlights – Q2FY22
Particulars (₹ in Mn) |
Q2 FY22 |
Q2 FY21 |
YoY % |
Q1 FY22 |
QoQ % |
(Q2FY21 financials excluding Cignex Datamatics divested in Q4FY21) |
|||||
Revenue from Operations |
2,992.3 |
2,411.7 |
24.1% |
2,877.5 |
4.0% |
EBITDA |
498.7 |
265.4 |
87.9% |
414.2 |
20.4% |
EBITDA Margin % |
16.7% |
11.0% |
569bps |
14.4% |
227bps |
PBT (Before Exceptional Item) |
460.8 |
168.5 |
173.5% |
367.0 |
25.6% |
PBT* |
460.8 |
168.5 |
173.5% |
468.7 |
(1.7%) |
PAT (After NCI) |
353.0 |
130.0 |
171.5% |
395.9 |
(10.8%) |
EPS (Diluted) (Rs) |
5.99 |
2.21 |
171.5% |
6.72 |
(10.8%) |
*PBT includes exceptional item on account of one-time exchange gains of ₹ 101.7 Mn, arising from buy back of equity share capital and redemption of preference share capital held in overseas subsidiaries.
Particulars (₹ in Mn) |
Q2 FY22 |
Q2 FY21 |
YoY % |
Q1 FY22 |
QoQ % |
Reported Numbers |
|||||
Revenue from Operations |
2,992.3 |
2,856.2 |
4.8% |
2,877.5 |
4.0% |
EBITDA |
498.7 |
329.3 |
51.4% |
414.2 |
20.4% |
EBITDA Margin % |
16.7% |
11.5% |
513bps |
14.4% |
227bps |
PBT (Before Exceptional Item) |
460.8 |
231.3 |
99.3% |
367.0 |
25.6% |
PBT* |
460.8 |
231.3 |
99.3% |
468.7 |
(1.7%) |
PAT (After NCI) |
353.0 |
154.2 |
128.9% |
395.9 |
(10.8%) |
EPS (Diluted) (Rs) |
5.99 |
2.62 |
128.9% |
6.72 |
(10.8%) |
*PBT includes exceptional item on account of one-time exchange gains of ₹ 101.7 Mn, arising from buy back of equity share capital and redemption of preference share capital held in overseas subsidiaries.
Key Financial Highlights – H1FY22
Particulars (₹ in Mn) |
H1 FY22 |
H1 FY21 |
YoY % |
Reported Numbers |
|||
Revenue from Operations |
5,869.8 |
5,627.1 |
4.3% |
EBITDA |
912.8 |
615.0 |
48.4% |
EBITDA Margin % |
15.6% |
10.9% |
+462bps |
PBT (Before Exceptional Item) |
827.8 |
427.0 |
93.9% |
PBT* |
929.5 |
427.0 |
117.7% |
PAT (After NCI) |
748.9 |
289.3 |
158.9% |
EPS (Diluted) (Rs) |
12.70 |
4.91 |
158.9% |
*PBT includes exceptional item on account of one-time exchange gains of ₹ 101.7 Mn, arising from buy back of equity share capital and redemption of preference share capital held in overseas subsidiaries.
Commenting on the results and financial performance, Rahul Kanodia, Vice Chairman and CEO said, “We are pleased to report another strong quarter backed by broad-based revenue growth and robust margin expansion. Despite headwinds from salary increases and supply side challenges we have managed to deliver a significant margin growth of 513bps on YoY basis. We are witnessing strong business momentum in the US and are well poised to capitalize this growth opportunity. I would like to congratulate all Datamaticians for the performance.”
Operational Highlights
Datamatics signed new deals with the following key customers in Q2FY22
Recognitions
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
Asha Gupta
Christensen Advisory, India
agupta@christensenir.com
022 42150210