Quick Ratios
Quarterly Results
Profit & Loss
Balance Sheet
Cash Flow
Ratios
Mkt Cap
Market Capitalization
₹84Cr
IT Enabled Services/Business Process Outsourcing
Rev Gr TTM
Revenue Growth TTM
-13.05%
Peer Comparison
Compare up to 10 companies side by side across valuation, profitability, and growth.

ODIGMA
VS
| Quarter | Sep 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 |
|---|
|
Growth YoY Revenue Growth YoY% | | | | | 16.3 | 2.5 | -17.1 | -51.6 | 49.5 | -6.0 |
| 7 | 9 | 18 | 13 | 8 | 9 | 15 | 7 | 13 | 12 |
Operating Profit Operating ProfitCr |
| 3.6 | 13.6 | 1.3 | 4.7 | 7.4 | 6.8 | 4.1 | -0.3 | -0.5 | -21.0 |
Other Income Other IncomeCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | 0 | 0 |
| 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -2 |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
|
Growth YoY PAT Growth YoY% | | | | | 138.9 | -78.1 | 140.9 | 22.2 | 71.4 | -1,128.6 |
| -2.5 | 6.5 | -1.2 | 0.7 | 0.8 | 1.4 | 0.6 | 1.7 | 0.9 | -15.1 |
| -0.1 | 0.2 | -0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | -0.5 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM |
|---|
|
| | -11.5 | 65.2 | -2.7 | 11.8 | -7.3 |
| 29 | 25 | 44 | 40 | 45 | 45 |
Operating Profit Operating ProfitCr |
| 4.2 | 4.5 | 0.0 | 4.5 | 5.4 | -3.4 |
Other Income Other IncomeCr | 0 | 1 | 1 | 0 | 0 | 1 |
Interest Expense Interest ExpenseCr | 0 | 0 | 0 | 0 | 0 | 0 |
Depreciation DepreciationCr | 0 | 0 | 0 | 2 | 2 | 1 |
| 1 | 2 | 1 | 0 | 1 | -1 |
| 0 | 0 | 0 | 0 | 0 | 0 |
|
| | 148.8 | -44.4 | -95.7 | 758.8 | -387.3 |
| 2.5 | 7.1 | 2.4 | 0.1 | 0.8 | -2.5 |
| 57.5 | 84.0 | 3.1 | 0.0 | 0.1 | -0.4 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 |
|---|
Equity Capital Equity CapitalCr | 0 | 0 | 0 | 3 | 3 | 3 |
| 25 | 27 | 66 | 66 | 56 | 56 |
Current Liabilities Current LiabilitiesCr | 2 | 1 | 2 | 19 | 8 | 15 |
Non Current Liabilities Non Current LiabilitiesCr | 0 | 0 | 0 | 0 | 0 | 0 |
Total Liabilities Total LiabilitiesCr |
Current Assets Current AssetsCr | 26 | 26 | 63 | 65 | 47 | 50 |
Non Current Assets Non Current AssetsCr | 1 | 2 | 6 | 23 | 21 | 24 |
Total Assets Total AssetsCr |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Operating Cash Flow Operating Cash FlowCr | -15 | 8 | 12 | -17 | 15 |
Investing Cash Flow Investing Cash FlowCr | 0 | 0 | -26 | -4 | 2 |
Financing Cash Flow Financing Cash FlowCr | 15 | 0 | 38 | 0 | -2 |
|
Free Cash Flow Free Cash FlowCr | -15 | 8 | 8 | -17 | 15 |
| -2,003.0 | 447.9 | 1,110.5 | -36,927.8 | 3,879.5 |
CFO To EBITDA CFO To EBITDA% | -1,221.4 | 704.1 | 4,14,882.1 | -886.6 | 591.5 |
| Financial Year | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 |
|---|
Valuation Ratios Valuation Ratios |
Market Cap Market CapitalizationCr | 0 | 0 | 0 | 0 | 119 |
Price To Earnings Price To Earnings | 0.0 | 0.0 | 0.0 | 0.0 | 316.6 |
Price To Sales Price To Sales | 0.0 | 0.0 | 0.0 | 0.0 | 2.5 |
Price To Book Price To Book | 0.0 | 0.0 | 0.0 | 0.0 | 2.0 |
| -0.1 | -7.1 | -11,769.1 | -6.4 | 35.8 |
Profitability Ratios Profitability Ratios |
| 100.0 | 100.0 | 100.0 | 23.8 | 26.0 |
| 4.2 | 4.5 | 0.0 | 4.5 | 5.4 |
| 2.5 | 7.1 | 2.4 | 0.1 | 0.8 |
| 5.0 | 7.0 | 2.1 | 0.1 | 1.0 |
| 3.0 | 6.9 | 1.6 | 0.1 | 0.7 |
| 2.8 | 6.6 | 1.5 | 0.1 | 0.6 |
Operational Ratios Operational Ratios |
Solvency Ratios Solvency Ratios |
Liquidity Ratios Liquidity Ratios |
**Odigma Consultancy Solutions Limited** is a premier Indian digital marketing and technology firm specializing in integrated brand-building, digital identity, and AI-driven engagement. Established in **2010** and headquartered in **Bengaluru**, the company operates as a strategic subsidiary of **Infibeam Avenues Limited**. Following a court-sanctioned composite scheme of arrangement, Odigma was listed on the **BSE** and **NSE** on **December 12, 2024**, marking its transition into a high-growth, independent public entity.
---
### **Strategic Evolution & The .ooo Ecosystem**
Odigma has evolved from a specialized digital agency into a technology-led digital transformation partner. A cornerstone of its current strategy is the management of the **Global Top Level Domain (gTLD)** undertaking, acquired from its parent company effective **September 14, 2024** (with an appointed date of **April 1, 2023**).
* **Unique Market Position:** Odigma is the **only Indian company** accredited by **ICANN** to own and operate a global top-level domain (** .ooo **).
* **Digital Identity Focus:** The company leverages the **.ooo** extension to provide businesses with unique digital identities, creating a recurring, subscription-based revenue stream.
* **Synergistic Framework:** The company maintains an arm’s-length relationship with **Infibeam Avenues**, utilizing its parent's advertisement framework and technical resources to ensure rapid scalability and business continuity.
---
### **Core Business Segments & Service Portfolio**
The company’s operations are categorized into two primary reportable segments under **Ind AS 108**, designed to capture the full lifecycle of a brand's digital journey.
| Segment | Focus Area | Key Offerings |
| :--- | :--- | :--- |
| **Digital Marketing** | Creative & Performance | SEO, SEM, Social Media Management, Content Creation, Web Development, Email Marketing, and ORM. |
| **Global Top Level Domain** | Infrastructure & Identity | Domain registry, digital identity solutions, and subscription-based recurring services via **.ooo**. |
#### **Proprietary Technology & AI Integration**
Odigma is aggressively integrating Artificial Intelligence to shift from tactical execution to long-term digital architecture:
* **RealAIse:** A proprietary **AI-powered tool** designed for customer engagement and conversation metrics analysis. It identifies product gaps and provides "agentic" lead engagement for high-value sectors like Real Estate and Automobiles.
* **Programmatic Advertising:** Utilizing **data-driven** automated ad buying to maximize **ROI** for performance-heavy clients.
* **Video & Content:** Targeting the **"Orange Economy"** (creative/digital sectors) through high-impact video production and influencer partnerships.
---
### **Operational Reach & Client Verticals**
Odigma maintains a **sector-agnostic** approach, serving a diverse portfolio of **100+ clients** ranging from early-stage startups to global conglomerates.
* **Geographic Footprint:** Operates across **9+ Indian cities** (including Mumbai, Delhi, and Ahmedabad) with a registered office in **GIFT City, Gandhinagar**.
* **International Expansion:** In **Q2 FY26**, the company incorporated **Odigma FZE LLC** in the **UAE** to capture the growing Middle Eastern digital market.
* **Key Industry Verticals:** Real Estate, Healthcare, E-commerce, BFSI, Education, Manufacturing, and F&B.
* **Notable Client Base:** Includes **JBL, Puravankara, Blaupunkt, Shriram Properties, Aster Hospitals, Pepperfry,** and **Interglobe Aviation**.
---
### **Financial Performance & Growth Metrics**
Odigma has demonstrated a robust turnaround in profitability, prioritizing **high-margin, retainer-based relationships** over low-margin, high-volume tactical campaigns.
#### **Annual Financial Summary (FY25 vs. FY24)**
| Financial Metric | FY 2024-25 (₹ Lakhs) | FY 2023-24 (₹ Lakhs) | Change (%) |
| :--- | :--- | :--- | :--- |
| **Revenue from Operations** | **4,733.89** | **4,234.17** | **+11.80%** |
| **Profit Before Tax (PBT)** | **60.71** | **7.32** | **+729.37%** |
| **Profit After Tax (PAT)** | **38.99** | **4.54** | **+758.81%** |
#### **Quarterly Momentum (Q2FY26 vs. Q2FY25)**
* **Revenue Growth:** Increased **49%** YoY to **₹12.57 Crore**.
* **PAT Growth:** Increased **66%** YoY to **₹12 Lakhs**.
* **EBITDA:** Reached **₹71.5 Lakhs** in Q3FY25, a **14% Q-o-Q** increase.
#### **Revenue Streams by Offering**
1. **Checkout Web Services (₹2,942.17 Lakhs):** Focuses on SEO, SMO, affiliate marketing, and banner advertising.
2. **E-Commerce Web Services (₹1,791.73 Lakhs):** Focuses on consultancy and technology for e-commerce promotion.
---
### **Corporate Governance & Capital Structure**
* **Capital Expansion:** To facilitate growth, the company increased its Authorized Share Capital from **₹50 Lakhs** to **₹7.50 Crores** in September 2024.
* **Leadership:** **Mr. Mathew Jose** was re-appointed as Managing Director for a **3-year term** (effective May 2026) with a remuneration ceiling of **₹2.50 Crore** p.a. **Ms. Saumya Yagnik** joined as **CFO** in March 2026.
* **Incentivization:** The **Odigma ESOP 2024-25** plan has been ratified for up to **30,00,000** options to retain top-tier talent.
* **Share Swap:** The demerger was executed at a ratio of **1** share of Odigma for every **89** shares held in Infibeam Avenues.
---
### **Risk Management & Mitigation Framework**
The company operates under a structured framework to manage volatility in the digital and regulatory landscape.
* **Regulatory Impact:** The **November 2025** notification of the **four Labour Codes** led to a redefinition of "wages," resulting in a one-time exceptional impact of **₹18.76 Lakhs** for revised gratuity valuations.
* **Financial Risks:**
* **Currency:** Exposure to **USD-denominated receivables**; currently unhedged.
* **Equity Volatility:** Reported negative **Other Comprehensive Income (OCI)** due to fair value changes in equity instruments (non-cash, unrealized).
* **Interest Rates:** Sensitivity to corporate/government bond yields affects the discount rate for **Defined Benefit Obligations**.
* **Operational Risks:** Management is mitigating margin pressure by shifting from external contractors to **in-house resources** and **advance hiring** of freshers to support large enterprise onboarding.
---
### **Future Outlook**
Odigma is positioned to capitalize on India's digital acceleration through:
1. **Monetizing the .ooo gTLD** as a global alternative to traditional domain extensions.
2. **Scaling RealAIse** to provide high-intent shopper advertising and precision marketing.
3. **Cross-border expansion** via its UAE subsidiary to diversify revenue geographically.
4. **Retainer-led stability**, ensuring consistent cash flow to fund technological R&D.