Information Technology Services
Mindteck (india) Limited Q2 FY27 Results: Revenue Up 3.8% Yoy
Mindteck (India) Limited reports Q2 FY27 results with consolidated revenue up 3.8% YoY to Rs. 105.50 crore.
Mindteck (India) Limited (NSE: MINDTECK) reported its financial results for the second quarter (Q2 FY27) and half year ended September 30, 2026. The company’s consolidated revenue for the quarter stood at Rs. 105.50 crore, up by 3.8% year on year and 1.4% over the first quarter. Consolidated net profit for the quarter stood at Rs. 7.48 crore. YTD consolidated revenue for the six months ended September 30, 2026, stood at Rs. 209.58 crore, up by 3.3% year on year. Javed Gaya, Chairman of the Board, said, “We are encouraged by this quarter’s performance and the cost and margin discipline the team has shown, though there is much more to do.” Karim Dhanani, Chief Executive Officer added, “Mindteck held steady this quarter in an uncertain market. We are repositioning as an engineering partner that owns programs and brings market-ready solutions, and AI built on engineering depth with strong partners, to customers in Asia-Pacific, North America and the UK.”
Financial Highlights
The company ended the half with a strong liquidity position, with cash and liquid investments of about Rs. 204.72 crore, up by 21.2% from a year ago. Standalone revenue for the quarter stood at Rs. 31.91 crore, while standalone net profit for the quarter stood at Rs. 3.78 crore. YTD revenue for the six months ended September 30, 2026, stood at Rs. 65.84 crore. YTD profit for the six months ended September 30, 2026, stood at Rs. 7.62 crore.
Forward Looking
With a healthy liquidity position, Mindteck will continue to invest selectively in solutions, AI, and talent, and support the management in executing the plan. The company remains well-positioned to deliver in the future.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Mindteck (India) Limited
Mindteck (India) Limited belongs to the Technology › Information Technology Services sector. Here’s a quick read on where the business and the stock stand today.
Mindteck drops 26.4% over three months and trades near its 52-week lows. Thin margins at 7.6% leave limited room for error — any demand softness or cost spike hits the bottom line hard. The PEG of 1.03 sits close to fair value. The stock is neither a clear buy nor obviously expensive. The stock sits at 9% of its 52-week range, close to annual lows. Historically, value investors build positions at these levels — though cheap stocks can stay cheap. Revenue grows at 6.5% and the stock moves sideways over three months. Neither side makes a strong case. The next earnings print will likely break this stock out of its current range. Check Fundamentals of Mindteck (India) Limited.
Information Technology Services
Redington Limited (NSE: Redington) Q2 FY27: Revenue Up 48% to ₹43,002 Crore
Redington Limited (NSE: REDINGTON) reports a 48% rise in Q2 FY27 revenue to ₹43,002 crore, with PAT growing 50% to ₹581 crore.
Redington Limited (NSE: REDINGTON), a leading technology solutions provider, announced its financial results for the quarter ended September 30, 2026. The company reported consolidated revenue of ₹43,002 crore in Q2 FY27, marking a year-on-year growth of 48%. Profit after tax (PAT), excluding exceptional items, increased 50% to ₹581 crore.
Strong Revenue Growth
The significant revenue growth was driven by robust demand across major business groups and key markets. India revenue surged 67% year-on-year, fueled by enterprise technology and data centre investments, demand for PCs and mobility devices, and continued adoption of cloud and cybersecurity solutions. Revenue across the Middle East and Africa increased 41% year-on-year, supported by enterprise infrastructure, cloud, and cybersecurity solutions.
Profitability and Business Segments
V. S. Hariharan, Managing Director & Group CEO, Redington Limited, commented on the results, stating, ‘Our Q2 performance reflects strong demand across key markets and the disciplined execution of our teams and partners.’ The Technology Solutions Group (TSG) saw a 91% year-on-year revenue growth, driven by enterprise and data centre investments and demand for infrastructure modernisation.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Redington Limited
Redington Limited belongs to the Technology › Information Technology Services sector. Here’s a quick read on where the business and the stock stand today.
Redington gains 39.4% over three months and trades near its 52-week highs. The PEG stands at 7.65 — severely stretched. Any earnings miss could trigger a sharp de-rating. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. Buyers show up with 1.6x the volume of sellers. Moreover, they dominated on 17 of recent sessions versus 13 for sellers — a healthy accumulation pattern. The stock rises 39.4% in three months on 14.5% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Redington Limited.
ADSL
Allied Digital Services Limited (adsl) Reports 14% Revenue Growth for Q2 FY27
Allied Digital Services Limited (ADSL) reports a 14% revenue growth for Q2 FY27, with consolidated revenue hitting ₹265 crore.
Allied Digital Services Limited (ADSL), a leading global IT services provider, has announced its financial results for the second quarter ended September 30, 2026. The company reported a consolidated revenue of ₹265 crore for Q2 FY27, marking a 14% year-on-year growth. This positive performance reflects the company’s continued execution across customer engagements, even as the global operating environment remains selective.
Financial Highlights
The financial highlights for Q2 FY27 include:
- A 14% increase in consolidated revenue on a year-on-year basis
- A 16% increase in consolidated revenue for the half-year FY27 on a year-on-year basis
- A 4% increase in consolidated EBITDA for half year FY27 on a year-on-year basis
Key Business Developments
During the quarter, ADSL has booked orders for INR 74+ crores towards new wins as well as renewals for multi-year contracts. Some key developments include:
- A strategic partnership with a US-based managed IT and cybersecurity services provider to deliver professional services across IT Infrastructure, Cloud, and Cybersecurity.
- Engagement by a leading provider of home health, personal care, and hospice services to implement and support a 24×7 AI-powered Service Desk.
- Selection by Maharashtra Industrial Development Corporation (MIDC) as the System Integrator for the implementation, maintenance, and support of its Internet Leased Line (ILL) Connectivity Solution across Maharashtra.
Allied Digital Services Limited has also been recognized with the Smart & Safe City Leader of the Year Award and was honoured among the ET Best Tech Brands 2026.
Commenting on the performance for Q2 & H1 FY27, Mr. Nitin D. Shah, Chairman & Managing Director, Allied Digital Services Limited (ADSL) said, “We are pleased to report consolidated revenues of ₹ 265 crores in Q2 and ₹ 526 crores in H1 FY27, representing year-on-year growth of 14% and half yearly growth of 16% respectively. Our performance reflects continued execution across customer engagements, even as the global operating environment remains selective and decision cycles for new technology investments have become more extended.”
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Allied Digital Services Limited
Allied Digital Services Limited belongs to the Technology › Information Technology Services sector. Here’s a quick read on where the business and the stock stand today.
Allied falls 11.0% over three months and has not found a floor yet. Razor-thin margins below 5% make profitability extremely vulnerable — this business needs scale or pricing power urgently. The PEG of 1.58 limits the upside. The stock does not come cheap. The stock gains 11.7% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. The stock rises -11.0% in three months on 22.0% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Allied Digital Services Limited.
DATAMATICS
Datamatics Global Services Limited (datamatics) Q2fy27: Revenue Up 11.5% Yoy to ₹546.6 Crore
Datamatics Global Services Limited (DATAMATICS) reports a 11.5% YoY revenue increase to ₹546.6 crore for Q2FY27.
Datamatics Global Services Limited (NSE: DATAMATICS) announced its standalone and consolidated financial results for the second quarter ended September 30, 2026, showing a robust performance. The company’s revenue for Q2FY27 grew by 11.5% year-on-year to ₹546.6 crore, while the profit after tax (PAT) increased by 16.1% to ₹73.4 crore. This growth is attributed to deeper engagement with strategic clients and the expansion of its AI-led services portfolio.
Revenue and Margin Expansion
The revenue growth was complemented by a significant expansion in margins. EBITDA increased by 30% to ₹115.5 crore, with the EBITDA margin improving by 301 basis points to 21.1%. This margin expansion is a testament to the company’s operational efficiencies and strategic client engagements.
Key Financial Highlights
The key financial highlights for Q2FY27 include:
- Revenue from operations: ₹546.6 crore
- EBITDA: ₹115.5 crore
- EBITDA margin: 21.1%
- PAT: ₹73.4 crore
- PAT margin: 13.2%
These figures underscore the company’s strong financial health and its ability to deliver sustainable growth.
As Rahul Kanodia, Vice Chairman and CEO, stated, ‘Datamatics delivered another strong quarter, demonstrating healthy revenue growth and margin expansion.’ The company remains focused on translating innovation into customer value and delivering sustainable, profitable growth.
Source: NSE Corporate Announcement
Fundamental & Technical Analysis of Datamatics Global Services Limited
Datamatics Global Services Limited belongs to the Technology › Information Technology Services sector. Here’s a quick read on where the business and the stock stand today.
Datamatics moves sideways over three months, with neither buyers nor sellers taking control. The PEG stands at 24.00 — severely stretched. Any earnings miss could trigger a sharp de-rating. Revenue consistency is the one bright spot — zero dips in five years shows operational resilience. The stock gains 4.5% in the last month, recovering from the three-month slide. However, it is too early to call this a confirmed reversal. The stock rises -6.7% in three months on 10.8% revenue growth. As a result, the market gives it more credit than the fundamentals strictly justify. Watch the next quarterly results. If growth accelerates, the move makes sense. If not, expect some gains to unwind. Check Fundamentals of Datamatics Global Services Limited.
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