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Earnings Call Transcript

Fidel Softech Earnings Call Transcript: Key Takeaways

Q2 revenue ₹37.97 Cr and PAT ₹3.60 Cr; H1 PAT ₹6.78 Cr, which management admits was below expectations. Proposed Softenger acquisition (~₹200 Cr revenue, ~₹36-38.5 Cr valuation) dominates; funding is undecided.

Highlights
Revenue growthQ2 revenue ₹37.97 Cr; standalone growth 'subdued'; no YoY figure given.
MarginsConsolidated margins diluted by mix; Softenger ~5.5% EBITDA vs Fidel higher.
Order bookSoftenger Dubai has POs covering 1-1.5 years.
Demand visibilityJapan onsite opportunities continue; AI conversions slower than anticipated.
Management confidenceBalanced; admits PAT below expectations, conversions slower than anticipated.

Growth

Q2 revenue ₹37.97 Cr; H1 ₹75.91 Cr. Standalone growth subdued; gains from Japan onsite and Techvine offshore engagements.

Outlook

Softenger ~₹240 Cr FY27 revenue, ₹300 Cr in 3-4 yrs at 14-15% margin; group 350+ Cr annualised.

Risks

Softenger margins (~5.5% EBITDA) dilute group; AI pricing pressure; ~₹30-40 Cr debt; H1 PAT below expectations.

Source

Earnings Call Transcript filed with NSE, NSE: FIDEL. Summary written with AI assistance from the document.

Read the document ↗

Fidel Softech Ltd: key numbers

Share price
₹180.00
Market cap
₹247.5 Cr
Revenue (annual)
₹102.4 Cr
Net profit (annual)
₹13.81 Cr
P/E (TTM)
17.9×Sector 23.6×
Promoter holding
73.07%+0.01% QoQ
FII holding
0.01%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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