Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 Sep - Newspaper clippings of the advertisement regarding Special Window for transfer and dematerialisation (demat) of physical shares.
Source: Bse
Datamatics Global Services Limited (DATAMATICS)
Small CapIT stocks · Small cap · NSE
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.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:31 pm ISTDetails
Quote19 Oct, 03:31 pm IST
Base fundamentals14 Oct 2026 · screener
Latest result05 Aug, 11:37 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · IT P/E 21.4 (n=204)
Technical timing lens
Trend score and candlestick chart
77BullishMACD + · sector +14.5pp vs Nifty 500 (3M)
Stock trend: 61
Sector RS: 100
Sector 3M: +8.9% vs Nifty 500 -5.6%
IT FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
DATAMATICSD candles · FIT view+9.9%Latest close ₹777.75 on 2026-10-19
Bar
-2.4%
RSI
50
MACD hist
2.46
52W pos
39%
2026-10-19O ₹796.90H ₹796.90L ₹773.30C ₹777.75Vol 39,075 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
DATAMATICSNifty ITNifty 500
- DATAMATICS
- -7.2%
- Nifty 500
- -5.6%
- Nifty IT
- +8.1%
- Vs Nifty 500
- -1.6 pp
Chart stats
19 Oct 2026- From 52W high
- -23.0%
- 52W range position
- 39%
- ATR (14)
- 4.1%
- Volume vs 20D
- 0.36x
- Avg traded value
- ₹8.6 Cr
- 20D price channel
- ₹734 - ₹837
₹1,010
₹632 - ₹1,010
₹32.2
Latest completed session
20-session average
37.2% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend supports entry, and recent execution is mixed.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE55
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent80
Revenue +9.8% · PAT +44.0% YoY
Technical
Bullish77
Price trend and sector-relative-strength timing.
Valuation
Legacy model+33.8%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence78
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Excellent · 80/100Rev +10% YoY · PAT +44% YoY · margin expansion · operating leverage
Filed 05 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹514 Cr | +9.8% | -1.0% |
| EBITDA | ₹101 Cr | +32.9% | -9.0% |
| Operating margin | 20.0% | +400 bps | -100 bps |
| PAT | ₹72 Cr | +44.0% | +60.0% |
| PAT margin | 14.0% | +333 bps | +534 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 18.10
- P/B
- 2.98
- EV/EBITDA
- 9.96
- Market Cap
- 4598.00Cr
Profitability
- ROE
- 16.00%
- ROCE
- 20.40%
- ROA
- 9.21%
- Dividend Y
- 0.64%
Growth (CAGR)
- Revenue 5Y
- 12.00%
- EPS 5Y
- 24.00%
- Revenue 3Y
- 11.00%
- EPS 3Y
- 8.00%
Balance Sheet
- Debt/Equity
- 0.14
- Interest Coverage
- 22.06×
- Altman Z
- 5.83
- Book Value
- 261.00
Cash Flow
- FCF Yield
- 0.15%
- FCF Positive Y
- 11/5
- OCF
- 324.00 Cr
- EPS TTM
- 36.58
Shareholding
- Promoter Hold
- 66.33%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 38%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 514-1.0% vs prev
Net Profit
₹ CrLatest: 72.0+60.0% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bullish setupTrend is constructive — long-term uptrend intact. RSI 50.
- Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
- SMA20 roughly flat — short-term momentum stalled.
- RSI(14) at 50 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 23% 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.
Nifty 500 leadership
Relative Strength & Trend Stage
52
RS percentile
Stage 3 Topping
1M return
+1.5%
3M return
-7.2%
6M return
+7.4%
1Y return
-15.9%
RS 1D
0
RS 20D
+6
Sector rank
#8
Industry rank
#39
Stage evidence
- 20.4% below the 52-week closing high after prior strength.
- The 30-week proxy has stalled (+0.8% over 20 sessions).
- Price has not yet confirmed a full Stage 4 downtrend.
50-DMA
price below
200-DMA
price above
Sector
improving
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 93.92-0.46%
RS vs Nifty 50094
Valuation & peers
U-Score 55 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 55 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Financial Turnaround
Fundamental score breakdown
U band · FAIR VALUEValuation8/30
Growth16/25
Quality12/20
Balance Sheet10/15
Cash Flow4/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
55
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
55/100 · legacy band FAIR VALUE
Positive drivers
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 33.8%.
- Balance sheet contributes 10/15 to the score.
Main drags
- Valuation is weaker at 8/30; verify the latest quarterly trend.
- Cash flow is weaker at 4/10; verify the latest quarterly trend.
- Quality is weaker at 12/20; verify the latest quarterly trend.
Sector valuation model
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.
Primary lens
PE and EV/EBITDA relative to revenue growth, margins, and cash conversion.
Secondary checks
Deal pipeline, attrition, dollar revenue growth, FCF yield.
Main risk check
Low PE can reflect weak growth or margin pressure.
PE
18.1
PB
3.0
EV/EBITDA
10.0
ROE
16.0%
ROCE
20.4%
FCF Yield
0.1%
Debt/Equity
0.1
MoS
+33.8%
Score movement
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.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
55
Previous: 55
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+33.8%
Previous: +32.7%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
55
55
55
55
55
55
55
55
55
55
55
55
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹463.48
-67.8% MoS
Growth-justified P/E
32.1
Growth-justified Value
₹1,174.22
+33.8% MoS
PEG
1.03
Comparable companies
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.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
SHILCTECH
Small
Shilchar Technologies Limited
IT Services / Digital
match 168
59
33.6
37.8%
-2%
FAIR VALUE
MPSLTD
Small
MPS Limited
IT Services / Digital
match 167
62
23.3
29.7%
+29%
UNDERVALUED
SOTL
Small
Savita Oil Technologies Limited
IT Services / Digital
match 166
37
12.0
8.3%
-187%
WATCHLIST
SANDHAR
Small
Sandhar Technologies Limited
IT Services / Digital
match 165
53
15.9
11.5%
+52%
FAIR VALUE
RSYSTEMS
Small
R Systems International Limited
IT Services / Digital
match 164
63
14.1
24.4%
+50%
UNDERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis intactReviewed 2026-06-03T06:38:15.892Z
Management commentary snapshot
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.
Current business mix
Revenue by Industry
Latest issuer-disclosed distribution across 7 reported categories.
Education & Publishing26.0%
Technology & Consulting22.0%
BFSI19.0%
Manufacturing, Infra & Logistics12.0%
Retail9.0%
Not for Profit/Govt.9.0%
Other3.0%
Growth engines
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.
Tailwinds
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.
Management accountability
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.
Analyst reading lens
Compare BOTH
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.
Sector KPIs management disclosed
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%)
Management forward view
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.
Thesis monitor
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.
Trust Score
78Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 86th percentile of the scored universe and 81st percentile within IT. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
119 docs text-extracted · 39 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
86th percentile
overall median 67 · IT: 81st pctile, median 69 · Small: 89th pctile, median 66
Evidence depth
Financial-only
119 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read 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.
Promoter
86
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
74
acceptable · capital discipline
Results
60
acceptable · quarterly consistency
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
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Datamatics Global Services Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 16 Sep
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 27 Aug - Newspaper Publication of Notice of the 38th Annual General Meeting and information on e-voting
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Analyst / Investor Meet - Intimation 26 Aug
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.