Alldigi Tech (ALLDIGI) Q1 24/25 earnings summary

Executive summary

• Achieved strong revenue growth of 20.3% year-over-year in Q1 FY25, reaching ₹129.3 Cr, with EBITDA up 26.5% and PAT up 102.5% year-over-year.

• Unaudited standalone and consolidated financial results for the quarter ended 30 June 2024 were approved and reviewed without qualification by auditors.

• Growth driven by robust performance in Customer Experience Management (CXM) and new client acquisitions in both CXM and Employee Experience Management (EXM).

• Cash and liquid funds increased to ₹167.4 Cr, supported by higher collections and LLC divestment.

• Sale of the Labour Law Compliance (LLC) division was completed on 30 April 2024, resulting in a significant one-time gain.

Financial highlights

• Q1 FY25 revenue at ₹129.3 Cr, up 20.3% year-over-year and flat sequentially.

• Consolidated revenue from operations for Q1 FY25 was ₹12,932 lakhs, up from ₹10,751 lakhs in Q1 FY24.

• PAT at ₹32.0 Cr, up 102.5% year-over-year and 54.6% sequentially; PAT margin at 24.7%.

• Operating cash flow at ₹38.6 Cr, up 132.5% year-over-year and 50.2% sequentially.

• Basic and diluted consolidated EPS for Q1 FY25 was ₹20.97, up from ₹10.35 in Q1 FY24.

Outlook and guidance

• Transition to Smart Pay v4 on track, with first client onboarded and positive demo volumes.

• Board recommended a final dividend of ₹15 per equity share, subject to shareholder approval.

• Approval granted for company name change to "Alldigi Tech Limited," pending regulatory and shareholder approvals.

• Continued focus on technology upgrades and expansion of CXM capabilities, especially in healthcare.