Q4 2024 Datamatics Global Services Ltd Earnings Call Transcript
Key Points
- Revenue increased by 11.8% and EBITDA increased by 27.8% on a quarter-on-quarter basis.
- For the financial year '24, revenue growth was 6.2% over FY23, maintaining double-digit EBITDA margins at 15.7%.
- Added 10 new customers during Q4 FY24.
- Recommended a total dividend of INR5 per share for the year ended March 2024.
- Acquired Dextara Digital, aligning with growth strategy focusing on hyperscalers and the US market.
- Digital experiences margin took a hit during the year.
- Digital technologies revenue declined by 1.9% on a sequential basis and 12.4% on a YoY basis.
- PAT after NCI was down by 12% on a YoY basis.
- EPS for the quarter was lower than the same quarter last year.
- Western world slowing down on technology and outsourcing spend due to uncertain macroeconomic environment.
Ladies and gentlemen, good day, and welcome to Q4 FY24 earnings conference call of Datamatics Global Services Limited. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Pratik Jagtap from E&Y Investor Relations. Thank you, and over to you.
Thank you, Yashashri. Good afternoon to all participants in the call today. Welcome to the Q4 and full year FY24 earnings call of Datamatics Global Services Limited. The results and presentation have been already made to you, and it is also available on the website of Datamatics. In case anyone has not received a copy of this release and presentation, please do write to us and we will be happy to send all.
To take us through the results today and to answer your questions we have with us the top management of the company represented by Rahul Kanodia, Vice Chairman and CEO; Sandeep Mantri, EVP and Chief Financial Officer; and Mitul Mehta, EVP and Chief Marketing Officer. Rahul, will start the call with a brief
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