DATAMATICS
Small CapDatamatics Global Services Limited
IT
Datamatics is a Digital Technologies, Operations, and Experiences company. It enables global enterprises to enhance productivity and customer experience through digital technologies. The company offers AI-powered products like TruAI, TruCap+, TruBot, FINATO, and TruBI, focusing on creating sustainable competitive advantage for its clients.
One read, four checks
75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.
Mixed fundamentals, management trust is supportive, price trend is neutral, and recent execution is mixed.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
low confidence · 0/0 claims checked
Timing lens: price trend and sector relative strength.
Rolling lens: recent quarterly delivery, not the latest single-result score.
Quarter ended 31 Mar 2026
Bad · 0/100PAT 0% YoY · Rev +4% YoY · margin expansion
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹519 Cr | +4.4% | +1.8% |
| EBITDA | ₹111 Cr | +48.0% | +15.6% |
| Operating margin | 21.0% | +600 bps | +200 bps |
| PAT | ₹45 Cr | +0.0% | +25.0% |
| PAT margin | 8.7% | -38 bps | +161 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Where growth can come from, and what can break the case
Q4FY26 revenue grew 4.4% YoY to INR 519.3 Cr, with EBITDA up 48.4% YoY to INR 110.6 Cr, expanding margins to 21.3%. PAT after NCI declined 1.5% YoY to INR 44.2 Cr, but rose 21.5% QoQ, impacted by exceptional items. Digital Operations led segment growth and margin expansion.
Datamatics demonstrated strong operational leverage in Q4FY26, with significant margin expansion driven by Digital Operations. While YoY PAT was flat due to exceptional items, sequential growth was robust. The strategic focus on AI and hyperscaler partnerships appears to be driving efficiency and new client wins, supporting the long-term thesis.
Revenue by Industry
Latest issuer-disclosed distribution across 7 reported categories.
AI-powered Products
Proprietary products like TruAI, TruCap+, TruBot, FINATO, TruBI, enabling autonomous workflows and enterprise productivity.
Digital Technologies
Deep expertise in Data & AI, Cloud, Intelligent Automation, Application Modernization, and low-code/no-code platforms.
Digital Operations
Transforming mid-office and back-office operations with proprietary platforms, process expertise, and global delivery.
Digital Experiences
Integrating AI to enhance customer experience via multilingual, omnichannel contact centers in Philippines, India, USA.
AI-First Mover Recognition
Recognized by Microsoft as an AI-First Mover for impactful use of AI at scale.
Strategic Partner Recognition
Recognized by Google as a Strategic Partner for 'Back Office of the future'.
Analyst Recognition
NelsonHall recognized Datamatics as a Leader in GenAI for Banking; also recognized by Gartner, IDC, Everest.
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
YoY comparison is crucial for assessing overall annual growth and long-term trends, especially for full-year figures. QoQ is important for IT services to track sequential momentum, project execution, and immediate operational efficiency changes, particularly in margins.
Revenue from Operations
Q4FY26: INR 519.3 Cr (YoY +4.4%, QoQ +1.8%)
EBITDA Margin
Q4FY26: 21.3% (YoY +631bps, QoQ +243bps)
EBIT Margin
Q4FY26: 16.9% (YoY +597bps, QoQ +239bps)
PAT after NCI
Q4FY26: INR 44.2 Cr (YoY -1.5%, QoQ +21.5%)
Growth Strategy
Investment in AI, collaboration with Hyperscalers, focus on proprietary products, increase market presence in US & Europe, strengthen customer relationships.
Client Acquisition
Added 5 new clients in Q4FY26, maintaining client concentration at a comfortable level.
Dividend Recommendation
Board recommended a final dividend of ₹ 5/- per share (100%) for FY26.
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| EBITDA Margin | 21.3% (Q4FY26) | Sustained margin expansion across segments, especially Digital Operations. |
| Digital Operations Revenue Growth | Q4FY26: 12.4% YoY, 9.4% QoQ | Continued strong sequential and annual growth in this high-margin segment. |
| Client Concentration | Top 5 clients: 26% (FY26) | Diversification of client base to reduce concentration risk. |
| Net Cash & Investments | INR 639 Cr (FY26) | Efficient deployment of cash for strategic investments or shareholder returns. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trend score and candlestick chart
50NeutralSMA20 +1.7% / mo
Technical chart
DATAMATICSdaily · 6M-4.0%Technical trend read
Mixed signalsSignals are conflicting — long-term trend unclear. RSI 51. Wait for confirmation.
- SMA20 rising (~4.2% over last month) — short-term momentum positive.
- RSI(14) at 51 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 12% off 52W high · 23% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Valuation, score drivers, trust methodology, financials, and peers
Use these sections after reviewing the decision summary, latest result, thesis, management accountability, and technical timing above.
Fundamental score breakdown
FAIR VALUEWhy this score?
Top U-Score contributors and drags from the latest stored fundamentals.
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 34.4%.
- Balance sheet contributes 12/15 to the score.
Main drags
- Valuation is weaker at 11/30; verify the latest quarterly trend.
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
- Quality is weaker at 9/20; verify the latest quarterly trend.
IT valuation: PE and EV/EBITDA against growth and margins
Asset-light IT companies deserve valuation support only when growth, margins, and cash conversion hold up.
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Score history
12 stored score snapshots. Latest stored move: +0 points.
Factor attribution
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Healthy Trust: Claim history is still being built. It ranks around the 90th percentile of the scored universe and 85th percentile within IT. No major sub-score weakness stands out.
High Trust Lite: Promoter holding is 66.3%.
Generally investable credibility. Look for weak sub-scores before increasing position size.
overall median 67 · IT: 85th pctile, median 68 · Small: 93rd pctile, median 65
0 documents indexed, but claim history is not strong enough yet.
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Healthy Trust · low confidenceRead Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Trust positives
- ▸Promoter holding is 66.3%.
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 0.2%.
- ▸11 years of positive FCF.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Intrinsic value
Fundamentals
Valuation
- P/E
- 19.00
- P/B
- 2.95
- EV/EBITDA
- 10.45
- Market Cap
- 4544.00Cr
Profitability
- ROE
- 16.40%
- ROCE
- 20.80%
- ROA
- 8.28%
- Dividend Y
- 0.65%
Growth (CAGR)
- Revenue 5Y
- 12.00%
- EPS 5Y
- 25.00%
- Revenue 3Y
- 11.00%
- EPS 3Y
- 10.00%
Balance Sheet
- Debt/Equity
- 0.14
- Interest Coverage
- 19.58×
- Altman Z
- 5.75
- Book Value
- 261.00
Cash Flow
- FCF Yield
- 0.15%
- FCF Positive Y
- 11/5
- OCF
- 324.00 Cr
- EPS TTM
- 32.86
Shareholding
- Promoter Hold
- 66.33%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 34%
Financial History
Updated 9/6/2026
Revenue
₹ CrNet Profit
₹ CrReturn on Equity
%Peers
Business-comparable peers in IT — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.