Digitide Solutions reports highest-ever quarterly revenue of ₹800 Cr in Q4FY26

Kinjal — Mon, 18 May 2026 18:17:58 +0000

Digitide Solutions Limited has announced its highest-ever quarterly revenue of ₹800 crore for the fourth quarter of the fiscal year 2026, marking a 2.5% sequential growth and a 9.2% year-on-year increase. The company also reported a significant surge in its Tech & Digital segment, which grew by 27.2% year-on-year to ₹249 crore, now accounting for 31.1% of the total business mix.

The Bengaluru-based company, known for its AI-first digital transformation services, has continued its momentum with a robust balance sheet and cash conversion. The net cash position improved to ₹182 crore, a 46% increase from the previous quarter. The EBITDA for the quarter stood at ₹88 crore, maintaining a margin of 11.0%, despite absorbing the impact of the new wage code.

For the full fiscal year 2026, Digitide reported a revenue of ₹3,080 crore, up 7.1% from the previous year. The Tech & Digital revenue for the year reached ₹910 crore, representing 29.6% of the overall business mix. However, the adjusted profit after tax (PAT) for the fourth quarter was ₹11 crore, a significant drop from the previous quarter, primarily due to exceptional items related to wage code impacts and demerger costs.

Digitide’s international business also showed strong growth, expanding by 16.4% year-on-year to ₹304 crore, making up 38.1% of the total revenue. The company secured 29 new logos in the quarter, including a landmark enterprise AI Centre of Excellence for a global P&C insurance major, highlighting its strategic focus on Tier-2 and Tier-3 cities like Coimbatore.

CEO Gurmeet Chahal expressed confidence in the company’s strategic direction, emphasising the successful transition into an AI-first digital leader and the robust commercial booking momentum. CFO Suraj Prasad highlighted the company’s strong financial position, with a focus on working capital optimisation and maintaining a solid balance sheet.

Looking ahead, Digitide plans to scale its AI capabilities further and deepen its alliances with major cloud providers like AWS, Microsoft Azure, and Google Cloud. The company aims to expand its international footprint and enhance its talent ecosystem to drive high-velocity revenue growth and long-term shareholder value.

Disclaimer: This article is based on a regulatory filing submitted to the National Stock Exchange of India (NSE).

Suraj Prasad | Business Upturn

Digitide Solutions reports highest-ever quarterly revenue of ₹800 Cr in Q4FY26