DATAMATICS GLOBALDatamatics Global Services LimitedNSE:DATAMATICSTechnicalAnalystSucritDatamatics Global Services Ltd. (CMP ₹816.45, NSE: DATAMATICS) Prepared by Sucrit Patil | The SmartWay Research Desk | 19 June 2026 A Mumbai‑based IT and BPM services company, incorporated in 1987. Datamatics operates across digital solutions, IT services, business process management, engineering services, and analytics, serving BFSI, healthcare, retail, and government clients globally. Promoter Holding (Mar 2026): Kanodia Family — 74.40% stake (no pledges) FY22–FY26 Snapshot Revenue Growth: FY26 revenue ₹1,842 Cr vs ₹1,612 Cr in FY25 (+14.3% YoY). → Good Net Profit: FY26 PAT ₹182 Cr vs ₹156 Cr in FY25 (+16.7% YoY). → Good Operating Margin: FY26 EBITDA ₹312 Cr, margin 16.9% vs 15.2% last year (+170 bps). → Good Equity Capital: Stable, face value ₹5. → Good Dividend Policy: Dividend ₹5.00/share declared for FY26. → Good Asset Building: Investments in AI, cloud, and automation platforms. → Good Sales: Strong demand from digital transformation and BPM contracts. → Good Expense: Employee cost pressures remain; offset by automation gains. → Neutral/Good EPS: FY26 EPS ₹12.25 vs ₹10.50 last year (+16.7%). → Good Institutional Interest & Ownership Trends (Mar 2026) Promoter Holding: 74.40% (no pledges) FII Holding: 3.12% DII Holding: 6.34% Retail & Others: 16.14% Strategic Moves & Innovations Expansion in AI‑driven analytics and automation platforms. Focus on cloud migration and digital transformation projects. Partnerships with global clients in BFSI and healthcare. Diversification into government IT contracts and smart city projects. Cash Flow & Balance Sheet Strength Market cap ~₹3,250 Cr. Debt‑to‑equity ratio ~0.28 (moderate leverage). Book value per share ₹92.40; P/B ~8.8. EPS (TTM) ₹12.25; P/E ~66.6. Risk Factors High P/E ratio ~66.6, indicating premium valuations. Dependence on global IT spending cycles. Exposure to currency fluctuations (USD/INR). Competition from TCS, Infosys, and Wipro. Investor Takeaway Datamatics Global has delivered steady FY26 performance, with revenue and profit growth supported by digital transformation and BPM demand. With strong promoter backing, dividend payouts, and diversified operations, Datamatics remains a mid‑cap IT and BPM play. At CMP ₹816.45, valuations are expensive (P/E ~66.6, P/B ~8.8), reflecting growth expectations in AI, cloud, and automation services.