Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹1,249Cr
Rev Gr TTM
Revenue Growth TTM
11.36%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

ALLDIGI
VS
| Quarter | Mar 2023 | Jun 2023 | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | 26.5 | 21.9 | 19.3 | 19.7 | 20.1 | 20.3 | 17.0 | 16.4 | 12.6 | 11.3 | 12.2 | 9.5 |
| 84 | 83 | 87 | 89 | 94 | 98 | 101 | 107 | 111 | 107 | 111 | 107 |
Operating Profit Operating ProfitCr |
| 22.0 | 22.8 | 22.6 | 25.5 | 27.3 | 24.1 | 23.4 | 23.3 | 24.1 | 25.4 | 24.4 | 30.1 |
Other Income Other IncomeCr | 1 | 2 | 2 | 1 | 2 | 20 | 0 | 4 | 4 | 3 | 2 | -2 |
Interest Expense Interest ExpenseCr | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 2 | 2 | 2 |
Depreciation DepreciationCr | 9 | 7 | 8 | 9 | 10 | 10 | 10 | 11 | 12 | 13 | 15 | 14 |
| 15 | 19 | 20 | 21 | 26 | 40 | 20 | 24 | 25 | 24 | 21 | 28 |
| 3 | 3 | 3 | 10 | 5 | 8 | 8 | 5 | 6 | 9 | 3 | 7 |
|
Growth YoY PAT Growth YoY% | -30.7 | 15.5 | 2.3 | 56.0 | 71.0 | 102.6 | -25.3 | 76.9 | -7.0 | -53.4 | 45.1 | 4.6 |
| 11.2 | 14.7 | 14.4 | 9.4 | 16.0 | 24.7 | 9.2 | 14.3 | 13.2 | 10.3 | 11.9 | 13.7 |
| 8.0 | 10.3 | 10.7 | 7.4 | 13.6 | 21.0 | 8.0 | 13.1 | 12.7 | 9.8 | 11.6 | 13.7 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | 54.7 | 36.3 | 2.1 | -19.6 | 12.7 | -6.0 | 14.6 | 23.1 | 20.2 | 16.4 | 8.0 |
| 160 | 199 | 255 | 264 | 222 | 219 | 211 | 237 | 302 | 353 | 417 | 437 |
Operating Profit Operating ProfitCr |
| -6.1 | 14.5 | 19.7 | 18.8 | 15.2 | 25.6 | 23.8 | 25.3 | 22.6 | 24.8 | 23.7 | 26.0 |
Other Income Other IncomeCr | 9 | 10 | 7 | 7 | -5 | 4 | 4 | 6 | 8 | 7 | 28 | 7 |
Interest Expense Interest ExpenseCr | 2 | 2 | 1 | 0 | 0 | 2 | 2 | 2 | 4 | 4 | 5 | 8 |
Depreciation DepreciationCr | 11 | 8 | 6 | 5 | 5 | 20 | 23 | 23 | 28 | 34 | 43 | 55 |
| -12 | 35 | 63 | 64 | 29 | 57 | 44 | 61 | 65 | 85 | 110 | 98 |
| 2 | 4 | 2 | 4 | 13 | 12 | 9 | 26 | 16 | 21 | 27 | 26 |
|
| | 320.1 | 99.5 | -3.5 | -73.7 | 186.7 | -21.8 | 1.5 | 37.1 | 31.0 | 30.2 | -12.8 |
| -9.3 | 13.3 | 19.4 | 18.3 | 6.0 | 15.3 | 12.7 | 11.2 | 12.5 | 13.6 | 15.3 | 12.3 |
| -9.2 | 20.3 | 38.1 | 39.1 | 10.3 | 29.5 | 23.1 | 23.4 | 32.1 | 42.0 | 54.7 | 47.7 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 | 15 |
| 46 | 76 | 134 | 192 | 203 | 213 | 250 | 194 | 214 | 230 | 244 | 232 |
Current Liabilities Current LiabilitiesCr | 26 | 42 | 26 | 30 | 24 | 43 | 42 | 50 | 71 | 86 | 108 | 93 |
Non Current Liabilities Non Current LiabilitiesCr | 8 | 3 | 1 | 4 | 4 | 18 | 13 | 34 | 33 | 36 | 51 | 72 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 43 | 99 | 135 | 188 | 203 | 222 | 261 | 206 | 235 | 251 | 292 | 266 |
Non Current Assets Non Current AssetsCr | 53 | 38 | 42 | 54 | 42 | 67 | 58 | 88 | 99 | 117 | 127 | 147 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | -6 | 35 | 70 | 53 | 20 | 76 | 70 | 64 | 71 | 91 | 118 |
Investing Cash Flow Investing Cash FlowCr | 8 | -19 | -42 | -14 | -10 | 26 | -21 | -21 | -17 | -30 | -22 |
Financing Cash Flow Financing Cash FlowCr | -2 | -8 | -9 | 0 | -10 | -48 | -19 | -112 | -52 | -71 | -97 |
|
Free Cash Flow Free Cash FlowCr | -8 | 32 | 65 | 46 | 13 | 56 | 63 | 50 | 56 | 73 | 101 |
| 42.5 | 112.5 | 113.9 | 88.3 | 128.7 | 168.1 | 198.8 | 178.8 | 145.9 | 141.9 | 142.2 |
CFO To EBITDA CFO To EBITDA% | 65.4 | 102.7 | 112.1 | 86.1 | 50.9 | 100.3 | 106.0 | 79.4 | 80.6 | 78.2 | 91.4 |
| Financial Year | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 34 | 172 | 563 | 507 | 424 | 183 | 483 | 799 | 742 | 1,117 | 1,425 |
Price To Earnings Price To Earnings | 2.4 | 5.5 | 9.1 | 8.5 | 27.1 | 4.1 | 13.7 | 22.4 | 15.2 | 17.5 | 17.1 |
Price To Sales Price To Sales | 0.2 | 0.7 | 1.8 | 1.6 | 1.6 | 0.6 | 1.7 | 2.5 | 1.9 | 2.4 | 2.6 |
Price To Book Price To Book | 0.6 | 1.9 | 3.8 | 2.5 | 1.9 | 0.8 | 1.8 | 3.8 | 3.2 | 4.5 | 5.5 |
| -3.9 | 4.7 | 8.5 | 7.2 | 8.9 | 1.1 | 5.4 | 9.5 | 7.9 | 9.3 | 10.8 |
Profitability Ratios Profitability Ratios |
| 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 | 100.0 |
| -6.1 | 14.5 | 19.7 | 18.8 | 15.2 | 25.6 | 23.8 | 25.3 | 22.6 | 24.8 | 23.7 |
| -9.3 | 13.3 | 19.4 | 18.3 | 6.0 | 15.3 | 12.7 | 11.2 | 12.5 | 13.6 | 15.3 |
| -15.3 | 38.7 | 43.0 | 30.7 | 13.4 | 23.6 | 16.1 | 25.1 | 24.9 | 30.9 | 35.5 |
| -22.9 | 33.8 | 41.3 | 28.7 | 7.2 | 19.7 | 13.3 | 17.0 | 21.3 | 26.1 | 32.1 |
| -14.6 | 22.7 | 35.0 | 24.6 | 6.4 | 15.5 | 11.0 | 12.1 | 14.7 | 17.4 | 19.9 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
#### **Overview**
**Alldigi Tech Limited**, formerly known as Allsec Technologies Limited, is a leading global provider of digital business services specializing in **Employee Experience Management (EXM)** and **Customer Experience Management (CXM)**. Incorporated in 1998 and headquartered in **Chennai, India**, the company operates as a **subsidiary of Digitide Solutions Limited**, which is backed by **Fairfax Holdings, Canada**. Listed on the **NSE and BSE**, Alldigi serves over **600 clients across 60+ countries**, including multiple **Fortune 100 companies**, with a workforce of more than **6,500 professionals**.
---
#### **Corporate Evolution & Ownership**
- In **FY25**, Alldigi became a **subsidiary of Digitide Solutions Limited** following an NCLT-approved demerger from **Quess Corp Limited**.
- This strategic realignment enables stronger cross-industry synergies, shared talent resources, integrated go-to-market strategies, and enhanced global visibility.
- The company leverages the broader **Digitide ecosystem**, particularly to strengthen its **onshore US sales presence** through local leadership and sales expansion.
---
#### **Business Segments**
Alldigi operates two core business segments:
1. **Employee Experience Management (EXM)**
- Provides **end-to-end Hire-to-Retire HR solutions**, including payroll, time & attendance, leave management, compliance, and HRMS.
- Flagship platforms: **SmartHR**, **SmartPay 4**, **Buzzily (SaaS for SMEs)**, and **PulseEXM.ai** (AI-powered employee assistant).
- Processes **~1.5 million employee records/month**, or **over 18 million annually**, and handles **4+ million payslips per quarter**.
- EXM is the **market leader in managed payroll services in India** and expanding rapidly in international markets.
2. **Customer Experience Management (CXM)**
- Offers high-value **voice and non-voice customer engagement services**, including **sales, retention, collections, bot monitoring, and omni-channel support**.
- Key verticals: **BFSI, Healthcare, Retail, and Technology**.
- Handles **over 11 million customer interactions monthly** and maintains a strong **Net Promoter Score (NPS) of 81**, reflecting high client satisfaction.
- CXM generated **₹412 crores in revenue in FY25**, growing **18.5% YoY**, with **73% from international markets**.
> **Note:** As of FY25, **CXM contributes ~63% of total revenue**, while **EXM accounts for ~37%**, with management aiming to gradually increase the EXM share over time.
---
#### **Geographic & Delivery Footprint**
- **Global Operations**: Services delivered from **India, US (New Jersey), and the Philippines (Manila)**.
- **Delivery Centers**:
- **India**: Chennai, Bengaluru, Noida (~4,700+ seats)
- **Philippines**: Manila (1,800+ seats)
- **USA**: New Jersey (supports U.S. and global clients)
- **Multilingual Capabilities**:
- Supports **11+ Indian languages** and **12+ international languages** (e.g., Mandarin, Japanese, Spanish, Arabic, Italian, Portuguese) via native speakers.
- The company utilizes a **global delivery model** with site-to-site business continuity and hybrid operations to optimize cost and performance.
---
#### **Technology & Innovation Strategy**
- **AI & Automation**: Central to growth via its **AI Centre of Excellence** at Digitide. AI is embedded across platforms for:
- **Decision intelligence**
- **Process automation**
- **Customer and employee self-service** (e.g., chatbots, PulseEXM.ai)
- **Platform Modernization**:
- Upgraded **SmartPay 4**, **SmartHR**, and launched **Buzzily (SaaS)**—all built on modern tech stacks for scalability, customization, and improved UX.
- Launched **PulseEXM.ai**, an AI-powered personal assistant for employees.
- **Product Development**:
- Focus on **SaaS monetization** (Buzzily) for SMEs, targeting new revenue streams.
- Investments in **RPA, analytics, mobility, and compliance tools** (e.g., SmartStat for statutory reporting).
- **General Ledger (GL) accounting integration** added to enable end-to-end financial reconciliation for clients.
---
#### **Client Growth & Strategic Partnerships**
- **Client Base**: Over **600 clients** globally; added **63 new EXM clients in FY25** with **₹30 crore ACV**, representing **50% YoY growth** in ACV.
- **Key Client Wins & Expansion**:
- Secured contracts in **US healthcare, BFSI, and retail sectors**.
- Entered **PSU/Government sector** in **India and the Philippines**.
- Expanded EXM presence to **69 countries in FY26** (up from 42 in FY25).
- **Strategic Alliances**:
- **23 new partnerships** (sales, service, platform) in FY25.
- **LuLu Financial Holdings (UAE)**: Partnership to offer integrated **payroll and HRMS solutions for SMEs in MEA**.
- **Global IT firm collaboration** for co-delivered payroll services.
---
#### **Sales & Go-to-Market Strategy**
- **Hybrid Sales Model**: Combines **direct domestic sales in India** with **14 international sales partners** to scale global footprint where physical presence is limited.
- **US Onshore Expansion**:
- Strengthened **local sales team** and leadership in the US.
- Cross-selling **Alldigi’s VPN services** within CXM as part of a three-pronged growth strategy.
- **Focus Markets**: North America (primary), UK, ANZ, SEA, MEA.
- Management emphasizes **balancing channel acquisition costs** with **internal sales reach** for sustainable growth.
---
#### **Future Focus & Strategic Priorities (FY26 and Beyond)**
1. **Expand Global Markets**: Target **USA, UK, ANZ, and emerging markets in APAC, Middle East & Africa** via hybrid delivery.
2. **SME & SaaS Growth**: Accelerate adoption of **Buzzily platform**; increase SaaS contribution to future revenue mix.
3. **Sector Diversification**:
- Strengthen presence in **Healthcare, BFSI, and FGT sectors**.
- Launched **HS coding services** for e-commerce compliance.
4. **AI Integration**:
- Leverage AI to **reduce EXM operating costs** and **enhance customer intelligence**.
- Use AI in **proposals, service delivery, and predictive insights**.
5. **Capacity Expansion**:
- Plans to scale seats in **Chennai and Manila** based on demand.
6. **Cross-Selling & Synergy**: Drive deeper convergence between **EXM and CXM** offerings and leverage **Digitide’s ecosystem**.
---
#### **Key Strengths & Differentiators**
- **Proven Scale**: 25+ years in BPO, processing **18M+ employee records/year**, with **81 NPS in CXM**.
- **Technology-Driven Platforms**: Modernized **SmartPay 4, SmartHR, Buzzily**, and AI-enabled solutions.
- **Resilient Business Model**: Hybrid human + machine in CXM, especially effective in **complex, high-value sales and collections**.
- **Global Compliance Expertise**: Handles complex **domestic and cross-border payroll, tax, and GL reconciliation**.
- **Strong Digital Engagement**: **540,000+ monthly logins** on employee self-service portal; **471K+ active HRMS users**.