Transcript for Q2FY27 Earnings Conference Call

November 09, 2026 BSE Limited National Stock Exchange of India Limited Phiroze Jeejeeboy Towers, Exchange Plaza, C-1, Block G, Dalal Street, Bandra Kurla Complex, Mumbai - 400 001. Bandra (East), Mumbai - 400 051. BSE Security Code: 532528 NSE Symbol: DATAMATICS Sub.: Transcript for Q2FY27 Earnings Conference Call Dear Sir/Madam, Pursuant to Regulation 30 and Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please note that the transcript of the earnings call held on Wednesday, November 04, 2026 at 04:00 P.M. IST for discussion on Unaudited Standalone and Consolidated Financial Results of the Company for the quarter ended September 30, 2026 is attached and also available on the website of the Company at https://www.datamatics.com/about-us/investor-relations/earnings-call. Kindly take the above on your record. For Datamatics Global Services Limited Divya Kumat President, Chief Legal Officer and Company Secretary (FCS: 4611) Encl: a/a DATAMATICS GLOBAL SERVICES LTD. Knowledge Centre, Plot 58, Street No. 17, MIDC, Andheri (East), Mumbai - 400 093. INDIA | Tel: +91 (22) 6102 0000/1/2 | Fax : +91 (22) 2834 3669 | CIN: L72200MH1987PLC045205 | investors@datamatics.com | www.datamatics.com “Datamatics Global Services Limited Q2 FY27 Earnings Conference Call” November 04, 2026 MANAGEMENT: MR. RAHUL KANODIA – VICE CHAIRMAN AND CHIEF EXECUTIVE OFFICER MR. ANKUSH AKAR – EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER MR. MITUL MEHTA – EXECUTIVE VICE PRESIDENT AND CHIEF MARKETING OFFICER MODERATOR: MR. PRATIK JAGTAP – E&Y INVESTOR RELATIONS Page 1 of 8 Datamatics Global Services Limited November 04, 2026 Moderator: Ladies and gentlemen, good day, and welcome to Datamatics Global Services Limited Q2 FY27 Earnings Conference Call. As a reminder, all participant lines will be in the listen-only mode and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing star then zero on your touchtone phone. Please note that this call is being recorded. I now hand the conference over to Mr. Pratik Jagtap from EY Investor Relations. Thank you, and over to you, sir. Pratik Jagtap: Thank you, Anam. Good day to all the participants in the call today, and welcome to Q2 FY27 Earnings Call of Datamatics Global Services Limited. The results and presentation have already been mailed to you, and they are also available on the website of Datamatics. In case anyone has not received a copy of press release or presentation, please do write to us, and we will be happy to send it to you all. To take us through the results today and to answer your questions, we have with us the top management of the company represented by Rahul Kanodia, Vice Chairman and CEO; Ankush Akar, EVP and CFO; Mitul Mehta, EVP and CMO. Rahul will start the call with a brief overview of the quarter on business, which will be then followed by Ankush, who will take us through the financials. Then we will open the floor for Q&A session. I would like to remind you that anything that is said on this call, which gives any outlook for the future or which can be construed as a forward-looking statement must be viewed in conjunction with the risks and uncertainties that we face. These risks and uncertainties , but are not limited to, what we have mentioned in prospectus filed with SEBI and subsequent Annual Reports, which you can find on our website. With that said, I now hand over the call to Rahul, sir. Over to you, sir. Rahul Kanodia: Thank you, Pratik. Good evening, everyone. Thank you for joining our Q2 FY27 earnings call. I'll cover the quarter's highlights and strategic progress. Ankush will then take you through the financials in detail, and we'll open the floor for questions. Datamatics delivered another strong quarter with healthy revenue growth and margin expansion. Revenues grew at 11.5% on a year-on-year basis to INR 546.6 crores. EBITDA increased 30% to INR 115.5 crores, which is an expansion of 301 basis points to 21.1%. This growth came from 3 drivers: deeper engagement with strategic clients, continued expansion with existing accounts and growing portfolios of AI-led services. Customers are choosing us because we pair AI innovation with disciplined delivery, and that is helping us win larger, higher-value engagements from both existing and new clients. From a geographical perspective, the U.S. and Europe were primary drivers of our growth. These are the most attractive markets for our services over the long term, and we are actively investing there. Let me now take you through our segments. Digital Operations remains our strongest growing segment, reflected in a revenue growth of 15.6% on a year-on-year basis. Digital content continues to grow steadily on deeper customer Page 2 of 8 Datamatics Global Services Limited November 04, 2026 engagement and continuous operational excellence. In insurance, we added agentic claims management to our TruAI underwriting offering, extending our coverage across the policy life cycle. Digital Technologies revenue grew at 8.8% on a year-on-year basis with accelerated demand in AI-led application modernization and development. Our KAi Modernization Factory delivers up to 40% of cost savings and a 3x faster go-live by lowering the transformation risk. Recently, at the Gartner IT Symposium in Florida, we jointly presented with a Fortune 500 customer their legacy transformation journey, and this drew a strong interest from CIOs and the audience. Our priority is now converting these opportunities into production deployment and repeatable engagements. Digital Experiences business remains stable. Here, we are focused on broadening the customer base and using an AI-enabled delivery to improve productivity and customer experience. I'm proud to share that the Indo-American Chamber of Commerce recently recognized our Founder Chairman, Dr. Kanodia, for his contribution to the U.S.-India business relationship. We have strengthened our leadership team to accelerate our growth. I'm pleased to welcome Dr. Rajesh Gharpure as President and Chief Operating Officer. Rajesh has a record of scaling global businesses, driving profitable growth and improving service delivery. As we shift further towards AI-led services, that experience will help us scale execution and deepen our client engagements. We are building on a strong first half. Our focus remains clear: convert AI demand into deployment, keep expanding with strategic accounts and enhancing our delivery capabilities to sustain profitable growth. With that, I wish you all a very Happy Diwali and a prosperous new year. I now hand over to Ankush for the financial update. Ankush Akar: Thank you, Rahul. Welcome, everyone, and thank you for joining us for the Q2 FY27 earnings call. Let me take you through the financial performance for Q2 FY27, and then I will take you through the financial performance for the half year ended 30th September 2026 as well. Our Q2 FY27 revenue stood at INR 546.6 crores, reflecting a growth of 11.5% year-on-year. Our EBITDA stood at INR 115.5 crores, a growth of 30% year-on-year. Our EBITDA margin for the quarter stood at 21.1%, reflecting an expansion of 301 basis points year-on-year. Our EBIT stood at INR 92.2 crores, a growth of 33.8% year-on-year. Our EBIT margin for the quarter was 16.9%, reflecting an expansion of 281 basis points year-on-year. I would also like to draw your attention and highlight that as part of the purchase price allocation of TNQTech acquisition, which we acquired in Q4 FY25, we have recognized intangible assets during the quarter, which being amortized over 12 quarters. This is a noncash accounting charge that comes from the acquisition and does not reflect the underlying operating performance of the business. Page 3 of 8 Datamatics Global Services Limited November 04, 2026 This amortization of intangible assets [Showing first 8,000 characters — download PDF for full document]