Alldigi Tech Ltd (ALLDIGI)

Information Technology · IT - Software · NSE · Updated 13 September 2026
By StockFin Research Team AI-Assisted Analysis Source: BSE/NSE Filings
₹796.65 ↓ 15.3% (1Y)

🎯 Key Takeaways

  • Alldigi Tech Ltd is transitioning from a domestic IT services provider to an internationally focused, AI-driven digital platform company, evidenced by strategic investments in AI platforms like Aeonox and Buzzily 2.0, expansion into new verticals such as Insurance BPO and Healthcare RCM, and a deliberate shift toward higher-margin international revenue.
  • Revenue declined 2.8% QoQ to ₹150 in Q1FY27.
  • ⚠️ 1) Revenue growth is decelerating sequentially, with Q1 FY27 revenue down from Q4 FY26, raising concerns about sustainability of YoY growth momentum.
Market Cap
₹1,214
P/E Ratio
14.2
P/B Ratio
4.84
ROE
34.0%
ROCE
42.8%
Debt/Equity
0.00
Div Yield
7.53%
Promoter
73.4%

📖 The Story

Alldigi Tech Ltd is transitioning from a domestic IT services provider to an internationally focused, AI-driven digital platform company, evidenced by strategic investments in AI platforms like Aeonox and Buzzily 2.0, expansion into new verticals such as Insurance BPO and Healthcare RCM, and a deliberate shift toward higher-margin international revenue. The company is in a growth phase with improving profitability and cash flow, supported by margin expansion and disciplined capital allocation, though it remains in early stages of scaling its new product ecosystem.

📰 What's Happening

In Q1 FY27, Alldigi Tech reported ₹150.3 crores revenue (+4.4% YoY), with EBITDA up 13.1% YoY to ₹41.4 crores and PAT rising 21.7% YoY to ₹18.1 crores, driven by AI-led operational efficiencies and a shift toward higher-margin international business, which now constitutes 68.8% of revenue. EBITDA margin expanded by 210 bps YoY to 27.5%, and the company declared an interim dividend of ₹30 per share. Management highlighted the upcoming India launch of Aeonox SaaS platform by September 2026 and emphasized continued investment in AI-enabled platforms and deeper client engagement in international markets.

Source: Stock Announcements

📊 Quarterly Results (₹ Cr)

MetricSep 2025Dec 2025Mar 2026Jun 2026
Revenue147153155150
Operating Profit21312825
OPM %14.4%20.6%17.9%16.8%
Net Profit18212918
EPS₹11.56₹13.68₹18.95₹11.89

Revenue has shown modest YoY growth over the past four quarters, with a sequential dip in Q1 FY27 to ₹150.3 crores from ₹155 crores in Q4 FY26, but YoY growth remains positive. Operating profit margin declined slightly sequentially to 16.8% from 17.9% in the prior quarter, reflecting short-term operational volatility, yet YoY margin expansion to 27.5% EBITDA margin indicates underlying efficiency gains. Net profit and EPS have grown steadily YoY, supporting the 21.7% PAT increase, while operating cash flow of ₹33 crores covered 80.2% of EBITDA, underscoring strong cash conversion. The company is leveraging AI-driven process improvements to scale profitability despite modest revenue headwinds.

🔮 Management Outlook & What's Next

Management expressed confidence in delivering sustainable, profitable growth, citing a healthy pipeline, deeper client engagement, and continued expansion in international and digital opportunities. They specifically highlighted the India launch of Aeonox by September 2026 as a key growth catalyst and emphasized the strategic importance of AI-led platforms in driving margin improvement and revenue mix transformation.

Extracted from official company announcements. Not StockFin.ai's opinion.

🏦 Balance Sheet (₹ Cr)

ItemMar 2025Mar 2025Mar 2026Mar 2026
Equity Capital15151515
Reserves252244232236
Borrowings4163820
Total Liabilities384419413519
Fixed Assets5787107208
Investments99838559
Total Assets384419413519

The balance sheet shows a strong equity base of ₹15 crores with reserves growing to ₹236 crores by March 2026, indicating long-term value accumulation. Borrowings remain minimal at ₹82 crores as of March 2026, down from ₹63 crores a year ago, reflecting a conservative capital structure. Total assets have fluctuated slightly but remain stable around ₹413–519 crores, with no significant capital expenditures or deleveraging signals. The company is not reinvesting aggressively in assets but is returning capital via dividends, suggesting a focus on profitability and shareholder returns over aggressive expansion.

💰 Cash Flow Statement (₹ Cr)

ItemMar 2026
Operating+144
Investing-15
Financing-127
Net Cash Flow+1

👥 Shareholding Pattern

CategoryQ2FY26Q3FY26Q4FY26Q1FY27
Promoters73.4%73.4%73.4%73.4%
FII1.9%1.5%1.4%1.0%
DII1.4%1.4%1.4%1.6%
Public18.1%18.2%18.4%18.6%
# Shareholders15,89116,05916,97217,108

Promoter holding remains stable at 73.39% over the past year, indicating confidence in long-term prospects. FII ownership has increased slightly from 1.35% in Q4 FY26 to 1.04% in Q1 FY27, though still low in absolute terms, while DII rose from 1.44% to 1.57%, suggesting growing institutional interest. The number of public shareholders has grown from 15,891 to 17,108, indicating retail investor participation. No significant selling by promoters or institutions is evident, and the shareholder base is broadening.

⚖️ Peer Comparison — IT - Software

Company MCap (₹ Cr) P/E ROCE ROE D/E
TCS 7.97 L Cr 16.0 63.2% 46.7% 0.00
INFY 4.21 L Cr 14.0 44.9% 32.7% 0.00
HCLTECH 3.28 L Cr 18.8 31.6% 23.2% 0.00
WIPRO 1.66 L Cr 13.3 18.1% 15.1% 0.19
TECHM 1.51 L Cr 26.6 24.8% 17.4% 0.00
LTM 1.28 L Cr 24.4 30.5% 21.6% 0.00
OFSS 1.02 L Cr 30.0 60.3% 43.6% 0.00
PERSISTENT 87,353 45.0 32.7% 24.5% 0.00
COFORGE 81,783 37.5 25.6% 20.7% 0.04
MPHASIS 43,788 22.9 22.3% 17.8% 0.17

🔗 Peer Stock Analyses

⚠️ Risk Factors

1) Revenue growth is decelerating sequentially, with Q1 FY27 revenue down from Q4 FY26, raising concerns about sustainability of YoY growth momentum. 2) Margin expansion is partly driven by international mix and AI efficiencies, but the company has not yet proven scalable profitability in new markets or product lines like Aeonox. 3) High reliance on international revenue (68.8%) exposes it to currency and geopolitical risks, with no clear timeline for domestic market recovery. 4) The EXM platform strategy was questioned at the AGM, suggesting potential execution or synergy risks in integrating new AI offerings.

📋 Recent Filings

🧠 Analyst's Read

Alldigi Tech is executing a clear strategic shift toward AI-driven international growth, with improving profitability and strong cash flow supporting its dividend policy. However, near-term revenue volatility and unproven scalability of new platforms like Aeonox introduce uncertainty. Investors should monitor the India launch of Aeonox and management’s ability to sustain margin expansion amid competitive IT pricing pressures.

Based on filing content and financial data. Not a recommendation.

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Data sourced from stock announcements. Analysis generated by StockFin.ai.
For informational purposes only — not investment advice. Updated 2026-09-13.

Editorial & Data Transparency Notice

This analysis was programmatically compiled using StockFin AI utilizing official regulatory disclosures from the BSE and NSE. Content is automatically synthesized and audited against public financial filings. StockFin.ai is an educational research platform and is NOT a SEBI-registered investment advisor or research analyst.

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