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Datamatics Global Services Ltd

Company details

294.10
309.95
230.20
363.70
6M Return -3.90%
1Y Return -4.97%
Mkt Cap.(Cr) 1,759.63
Volume 18,891
Div Yield 1.25%
OI
-
OI Chg %
-
Volume 18,891

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Datamatics Global Services Ltd.

Q3FY23 Quarterly Result Announced for Datamatics Global Services Ltd.

IT consulting & service firm Datamatics Global Services announced Q3FY23 results:

  • Q3FY23:
    • Datamatics Q3FY23 revenue is up 23.9% YoY to Rs 372.6 crore
    • PAT is up by 24.1% YoY to Rs 45.9 crore

Commenting on Q3FY23 results, Rahul Kanodia, Vice-Chairman and CEO, said, " We are pleased to report a strong revenue growth quarter. We were able to turn around the Digital Technologies business, which is now having a positive EBIT, thanks to higher revenues and cost optimization efforts. We are confident that we will maintain growth in the coming quarters due to the healthy demand in every market we operate in. I want to thank our shareholders and clients for their continued faith in us."

He added, "I am pleased to inform you that Prime Minister Narendra Modi is inaugurating Phase 2 of Mumbai Metro Line 2A and 7 today. Datamatics has implemented the Automatic Fare Collection (AFC) system for both the Metro lines. Also, Datamatics enabled AFC system at Kolkata Metro, which Modi inaugurated on December 30, 2022. We are proud to be a part of both these projects that will positively impact millions of citizens."

Result PDF

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FINANCIALS

Sales

Operating Profit

Profit after Tax

Equity

Reserves and Surplus

Debt

Sales

Operating Profit

Profit after Tax

PE

Debt/Equity

P BV

COMPARISION

INSIDER & INSTITUIONAL ACTIVITY

Equity Capital: 857.01 Cr FV: 5.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 17,871.26 -28,732.63
LAST 3M 35,065.84 -30,146.79
LAST 6M 57,360.50 38,576.46
LAST 12M 186,944.70 -113,961.48

Datamatics Global Services Limited - Analysts/Institutional Investor Meet/Con. Call Updates

Feb 01, 2023 l NSE Announcement

Datamatics Global Services Limited - Press Release

Jan 30, 2023 l NSE Announcement

Datamatics Global inaugurates new omni-channel customer support centre at Philippines

Jan 30, 2023 l BSE Announcement

Date Action Type Ratio
Jul 21, 2022 Dividend 25
Aug 24, 2021 Dividend 50

INFORMATION

Stock PE (TTM)

10.02

Promoter Holding

70.91%

Book Value

157.5785

ROCE

22.84%

ROE

19.76%

Description

  • Datamatics Technologies (DTL) has been promoted by Dr Lalit S Kanodia, and Mrs Asha S Kanodia. Dr Kanodia 62, chairman, received his B. Tech (Hons), from IIT, Mumbai. He completed his MBA and then Ph.D. in Management from the Massachusetts Institute of Technology, US. He taught statistical decision theory at MIT during 1964-1965. He is an international consultant and has extensively traveled worldwide for over three decades. He has held the post of consultant to the Ford Motor Co and Arthur. D. Little, US. Prior to founding the Datamatics Group, Dr. Kanodia worked with Tata Consultancy Services and held overall charge of the organization during the period 1968 to 1969. DTL gets about 49% of its business from top five clients. Though this is lower compared to 72% and 63% in FY 2002 and FY 2003, respectively, the contribution from a single client has been on the rise. Cadmus, the company`s top client, which accounted for 19% and 17% of the revenues in FY 2002 and FY 2003, respectively, was responsible for a phenomenal 26% rise in revenues for the nine months ended December 2003. The other four are Ford, Pearsol, Daimler Chrysler and Reedelservier. More than 90% of the sales come from the US. Dependence on a few, all from dollar country, is a matter of serious concern. In June 2003, DTL formed a joint venture with Cadmus (its largest client), called KGL. DTL holds only 20% stake in KGL, with Cadmus holding the balance 80%. The transition process of transferring the existing business to and doing new business through the JV is already on, on a monthly basis, and, by FY 2005, the management expects the contribution of Cadmus to DTL`s consolidated sales to fall to just 8-10%. As Cadmus is into scientific technical and medical publishing business (STMP), only the STMP business that it or DTL gets will go to the JV. Notably, Cadmus is the market leader in STMP business and commands a huge 35% market share in the US. The management feels that the 20% stake in the business that it gets through the JV would be much more than what DTL would have got had the company gone ahead on its own to garner the STMP business. However, in the short term, this transfer of business is bound to affect the company`s financials. Interestingly, Cadmus has the right to acquire the balance 20% of the stake at its own will in or after June 2006. In April 2004, DTL came out with an Initial Public Offering (IPO) of 1,03,00,000 equity shares comprising a fresh issue of 85,00,000 equity shares and offer for sale by promoters of 18,00,000 equity shares. Post-issue, the promoters` stake will fall from 92.83% to 68.95%. DTL`s price band of Rs 101 to Rs 110 discounts the nine-month annualised EPS of Rs 6.8 on post-issue equity in the range of 14.9 to 16.2 times. The only comparable company is e-Serve International, which is engaged in providing information technology-enabled services to Citigroup entities globally. e-Serve, in which Citigroup holds over 44% equity stake, is more than three times the size of DTL and has a much more assured business model.

Registered Address

Knowledge Centre Plot No 58, Street No 17 MIDC Andheri(E), Mumbai, Maharashtra, 400093

Tel : 91-22-61020000-05
Email : investors:datamatics.com
Website : http://www.datamatics.com

Registrar

Datamatics Financial Services

AGM Date (Month) : Sep
Face Value Equity Shares : 5
Market Lot Equity Shares : 1
BSE Code : 532528
NSE Code : DATAMATICS
Book Closure Date (Month) : Sep
BSE Group : B
ISIN : INE365B01017

ICICIdirect Datamatics Global Services Ltd FAQ

You can buy Datamatics Global Services Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Datamatics Global Services Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Feb 03, 2023 04:01 PM the closing price of Datamatics Global Services Ltd was ₹ 298.50.
Market capitalization or market cap is determined by multiplying the current market price of a company’s shares with the total number of shares outstanding. As of Feb 03, 2023 04:01 PM, the market cap of Datamatics Global Services Ltd stood at ₹ 1,759.63.
The latest PE ratio of Datamatics Global Services Ltd as of Feb 03, 2023 04:01 PM is 10.02
The latest PB ratio of Datamatics Global Services Ltd as of Feb 03, 2023 04:01 PM is 0.53
The 52-week high of Datamatics Global Services Ltd is ₹ 363.70 while the 52-week low is ₹ 230.20

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