1. AI-led deal momentum - About 60% of deals won in FY27 are AI-led or largely AI-driven, with agentic AI platforms (FINATO, Kai series, TruAI Underwriting) seeing customer adoption. AI is shifting from pilots to production as customers move testing into main systems, which should convert this pipeline into recurring revenue.
2. TruAI Underwriting ramp - SBI Life has implemented TruAI Underwriting, the first customer is booking revenue, and the solution is in dialogue with all top Indian insurers plus some in the US and Europe. With underwriting turnaround time cut up to 70% and costs down up to 50%, this agentic AI product can scale quickly across a large insurance market.
3. TNQTech full ownership - Lumina Datamatics completed the second tranche (20%) acquisition of TNQTech on July 31, 2026, for ₹206.8 crore, making it a wholly owned subsidiary. TNQTech's FY26 turnover was ₹338 crore and growing 12-14%, and the combined entity now serves 9 of the 10 largest publishers worldwide.
4. KAiBRE and KAiSDLC modernization - A leading American consumer products company selected these agentic AI solutions to extract and transform legacy business logic, with projects kicked off. This opens a new revenue stream in application modernization, with additional wins from a European bank and a global health insurer.
5. FINATO finance transformation - FINATO is SAP-certified for S/4HANA Cloud Private Edition 2025, and the O2C solutions market in North America and Europe is estimated at USD 9.2 billion. New AI-driven wins span a global automotive components maker, a Middle East construction firm, and a Canadian financial services company, expanding the F&A base.
6. Dextara Salesforce integration - The amalgamation of Dextara Digital and Datamatics Cloud Solutions into the parent is effective April 1, 2026, with no new shares issued. Dextara is cross-selling into Datamatics' base with larger deal sizes ($0.5M-$3M), and a new Salesforce Cloud implementation for a North American transportation firm adds momentum.
7. Mumbai Metro AFC expansion - Phase 1 of Mumbai Metro lines 2B and 9 went live with Datamatics' AFC and mobile ticketing systems on April 8, 2026, adding to existing lines 2A and 7. With 30+ AFC projects globally and a new global head, this recurring infrastructure business can scale to more metros.
8. AI voice agents and customer support - An American pet wellness provider expanded to deploy an AI-powered voice agent, and a US pharmaceutical patient support organization selected AI-powered customer support. These expansions convert existing relationships into higher-value AI contracts, with more wins across US financial research and optical retail.
9. Group revenue target - Management targets approximately ₹3,000 crore revenue by FY27-FY29 from roughly ₹2,000 crore now, a mix of organic and inorganic growth, with bolt-on acquisitions as a key driver. This implies roughly 50% growth over three years, with M&A dialogue ongoing.