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IndiaPulse

SAGILITY LIMITED (SAGILITY)

Small Cap

IT stocks · Small cap · NSE

Sagility Limited (formerly Sagility India Limited) is an IT company providing healthcare operations, clinical services, and AI-led transformation capabilities. It focuses on strengthening its position in healthcare quality, especially for Medicare Advantage plans, through differentiated analytics and HEDIS capabilities.

₹46.82
+0.02 · +0.04%
Quote04 Sept, 03:58 pm IST
Fundamentals05 Sept 2026 · screener
Score05 Sept, 10:20 pm IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · IT P/E 22.6 (n=200)
Data confidence
Fresh enough for analysis
Investor decision lenses

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.

Weak fundamentals, while price trend supports entry. This looks more like momentum/speculation than a clean fundamental investment setup.

Suggested next step
Momentum only
Trend is strong but fundamentals do not support a clean investment thesis.
Weak U-Score but strong trend: momentum may be ahead of fundamentals.
U-Score
WATCHLIST
38

Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.

Trust
Healthy Trust
79

low confidence · 0/0 claims checked

Technical
Bullish
65

Timing lens: price trend and sector relative strength.

Result consistency
consistent
95

Rolling lens: recent quarterly delivery, not the latest single-result score.

Latest result

Quarter ended 30 Jun 2026

Good · 67/100

Rev +28% YoY · PAT +46% YoY · operating leverage · margin compression

Filed 21 Jul 2026
Open results browser →
MetricThis quarterYoYQoQ
Revenue₹1,963 Cr+27.6%-3.0%
EBITDA₹438 Cr+26.6%-9.7%
Operating margin22.0%+0 bps-200 bps
PAT₹217 Cr+45.6%-15.9%
PAT margin11.1%+137 bps-170 bps

NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.

Business & thesis

Growth engines, tailwinds/headwinds, and risk radar from management commentary

Business and thesis

Where growth can come from, and what can break the case

Thesis intactReviewed 2026-07-22T07:52:35.345Z
Management commentary snapshot

Q1 FY27 saw strong 27.6% YoY revenue growth (15.2% CC) and 35.1% YoY Adjusted PAT growth, driven by existing client expansion and new wins. Adjusted EBITDA margin remained steady at 24.0% YoY, but declined QoQ due to seasonal revenue absence and wage hikes.

Sagility delivered robust Q1 FY27 results with strong organic growth and a strategic acquisition (CareSeed) enhancing its healthcare quality offerings. While margins held YoY, QoQ decline and wage hike impact warrant monitoring. Client concentration remains high, but diversification efforts are visible.

Current business mix

Revenue by Vertical Split

Latest issuer-disclosed distribution across 2 reported categories.

Businessmix
Payer89.6%
Provider10.4%
Growth engines

Organic Growth

27.3% Y-o-Y organic growth in Q1 FY27, driven by expansion within existing clients and rising contribution from FY26 new client wins.

Strategic Acquisitions

Acquired CareSeed to strengthen position in healthcare quality, adding analytics and HEDIS capabilities, expanding platform depth and mid-market reach with 26 new clients.

New Client Wins

Won $35.3M of steady state ACV in Q1 FY27, driven by expansion opportunities / new SOWs across 18 existing clients and 1 new logo.

AI and Domain-led Operations

Independent research validates healthcare market trends driving demand for Sagility’s AI and domain-led healthcare operations model.

Tailwinds

Healthcare Market Demand

Independent research validates the healthcare market trends driving demand for Sagility’s AI and domain-led healthcare operations model.

Payer Shift to Strategic Partners

Payer expectations are shifting toward strategic partners, valuing understanding of the complete payer ecosystem and commitment to outcomes.

Headwinds

Minimum Wage Hikes

Increases in statutory minimum wages in Karnataka and Telangana, effective May 22 and June 1, 2026, respectively.

Forex Loss

Q1 FY27 Forex loss of ₹283M was driven by foreign exchange hedges.

Risk radar

Client Concentration

Top 3 clients contribute 60.1% of TTM Jun'26 revenues, indicating high reliance on a few large clients.

Wage Inflation

Statutory minimum wage hikes in Karnataka and Telangana are estimated to have a ~1.2% margin impact on revenues for FY27.

Management accountability

What management said, and what results must prove

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 long-term growth and the impact of strategic initiatives like acquisitions. QoQ is important to understand sequential momentum, the impact of seasonal revenue absence, and the immediate effects of cost pressures like wage hikes.

Sector KPIs management disclosed

Revenue from Operation (YoY%)

Q1 FY27 Revenue from Operation (in ₹ M) 19,635, YoY growth 27.6% (15.2% in CC).

Adjusted EBITDA %

Q1 FY27 Adjusted EBITDA % 24.0%.

Adjusted PAT %

Q1 FY27 Adjusted PAT % 13.7%.

Voluntary attrition rate (%)

Q1 FY27 Voluntary attrition rate^ (%) 28.6%.

Management forward view

Debt Repayment

Debt to be fully repaid in current Financial year (FY27).

CareSeed Integration

Combining CareSeed’s technology with Sagility’s healthcare operations, clinical services, and AI-led transformation capabilities to deliver an end-to-end quality operations continuum.

Focus on Quality Operations

Strengthens Sagility's position in Quality for Medicare Advantage (MA) - expanding capabilities across HEDIS, CMS Stars, quality reporting, and care-gap orchestration.

Thesis monitor

Numbers and claims to verify in the next filings

CheckpointCurrent evidenceWhat to verify next
Adjusted EBITDA Margin24.0% (Q1 FY27)Sustained margin levels despite wage hikes and seasonal revenue absence.
Steady State ACV Wins$35.3M (Q1 FY27)Continued strong deal wins from existing clients and new logos to drive future growth.
Client Concentration (Top 3)60.1% (TTM Jun'26)Diversification of revenue base and reduction in reliance on top clients.
Debt Repayment₹5,670M (Closing Debt FY26)Full repayment of debt in FY27 as planned.

Verification checkpoints are IndiaPulse research interpretation, not investment advice.

Technical timing lens

Trend score and candlestick chart

65Bullish

SMA20 +3.2% / mo · MACD +

Stock trend: 70
Sector RS: 57
Sector 3M: +0.1% vs Nifty -1.5%

Technical chart

SAGILITYdaily · 1Y · AUTO+17.8%
Latest close ₹46.82 on 2026-09-04
Bar
-0.4%
RSI
69
MACD hist
0.33
52W pos
50%
2026-09-04O ₹47.00H ₹47.27L ₹46.50C ₹46.82Vol 1.1Cr sh
₹35.25₹38.45₹41.66₹44.87₹48.0752L46.822026-032026-06VolRSIMACD2026-032026-042026-062026-072026-09
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal

Daily technical trend read

Neutral

Trend is undirectional — long-term uptrend intact. RSI 69.

  • Price above SMA200 (long-term uptrend) but mid-term MAs not aligned.
  • SMA20 rising (~3.1% over last month) — short-term momentum positive.
  • RSI(14) at 69 — sideways, no extreme reading.
  • MACD above signal but histogram contracting — bullish momentum cooling.
  • 19% off 52W high · 31% 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

66
RS percentile
Stage 3 Topping
1M return
+7.2%
3M return
+17.0%
6M return
+18.6%
1Y return
+4.7%
RS 1D
+1
RS 20D
+30
Sector rank
#14
Industry rank
#17
Stage evidence
  • 14.2% below the 52-week closing high after prior strength.
  • The 30-week proxy has stalled (-2.1% over 20 sessions).
  • Price has not yet confirmed a full Stage 4 downtrend.
50-DMA
price above
200-DMA
price above
Sector
lagging
Industry
neutral
Relative-strength line vs Nifty 500 (base 100)
264 observations
04 Sept 2026Value 104.08+0.05%
8695103112121Aug 25Dec 25Apr 26Sept 26104
RS vs Nifty 500104

Valuation & score drivers

U-Score 38 · WATCHLIST · pillar breakdown, sector model, fair-value anchor

38U-SCORE
WATCHLIST

Fundamental score breakdown

WATCHLIST
Valuation3/30
Growth9/25
Quality4/20
Balance Sheet9/15
Cash Flow8/10
Piotroski
8/9 (+5)
Penalties
0
Raw sum
38

Why this score?

Top U-Score contributors and drags from the latest stored fundamentals.

38/100 · WATCHLIST

Positive drivers

  • Piotroski is strong at 8/9.
  • Cash flow contributes 8/10 to the score.
  • Balance sheet contributes 9/15 to the score.

Main drags

  • Fair-value margin of safety is negative at -56.7%.
  • Valuation is weaker at 3/30; verify the latest quarterly trend.
  • Quality is weaker at 4/20; verify the latest quarterly trend.
Sector valuation model

Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks

For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.

Blended relative
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
21.3
PB
2.3
EV/EBITDA
9.8
ROE
10.6%
ROCE
13.4%
FCF Yield
2.4%
Debt/Equity
0.1
MoS
-56.7%
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: 05 Sept 2026
v4.3-runtime-valuation
Final score
38
Previous: 38
Verdict
WATCHLIST
Previous: WATCHLIST
Margin of safety
-56.7%
Previous: -56.7%

Score history

12 stored score snapshots. Latest stored move: +2 points.

05 Sept 2026
v4.3-runtime-valuation
42
42
36
36
36
36
36
36
36
36
36
38

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
₹31.35
-49.4% MoS
Growth-justified P/E
14.1
Growth-justified Value
₹29.87
-56.7% MoS
PEG
2.22

Trust score

Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth

Trust Score
79Healthy Trust · 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.

Healthy Trust: Claim history is still being built. It ranks around the 88th percentile of the scored universe and 85th percentile within IT. No major sub-score weakness stands out.

High Trust Lite: Promoter pledge is zero. Key concern: Promoter holding fell 16.4%.

Computed 05 Sept 2026
management-trust-v1
48 docs text-extracted · 18 concalls text-extracted
Score band
Healthy Trust

Generally investable credibility. Look for weak sub-scores before increasing position size.

Relative rank
88th percentile

overall median 67 · IT: 85th pctile, median 69 · Small: 91st pctile, median 66

Evidence depth
Financial-only

48 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

Healthy Trust · low confidence
What 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
60
acceptable · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
76
strong · capital discipline
Results
95
strong · quarterly consistency

Trust positives

  • Promoter pledge is zero.
  • FCF yield is positive at 2.4%.
  • 4 years of positive FCF.
  • 4/4 latest quarters had positive YoY revenue growth.

Trust risks

  • Promoter holding fell 16.4%.

Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.

Financials

Full fundamentals table and 10-year revenue / profit / ROE history

Fundamentals

Valuation

P/E
21.30
P/B
2.27
EV/EBITDA
9.82
Market Cap
21918.00Cr

Profitability

ROE
10.60%
ROCE
13.40%
ROA
7.98%
Dividend Y
0.32%

Growth (CAGR)

Revenue 5Y
6.00%
EPS 5Y
6.00%
Revenue 3Y
19.00%
EPS 3Y
86.00%

Balance Sheet

Debt/Equity
0.12
Interest Coverage
19.67×
Altman Z
6.65
Book Value
20.60

Cash Flow

FCF Yield
2.35%
FCF Positive Y
4/5
OCF
1203.00 Cr
EPS TTM
2.12

Shareholding

Promoter Hold
50.95%
Promoter Pledge
0.00%
Momentum 52W
50%

Financial History

Updated 5/9/2026

Revenue

₹ Cr
No data

Net Profit

₹ Cr
No data

Return on Equity

%
No data

Peers

Business-comparable names in IT, ranked by similarity

Verify on:NSE India ↗
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.