Datamatics Global Services Approves Amalgamation of Subsidiaries and Recommends Dividend

Datamatics Global Services Approves Amalgamation of Subsidiaries and Recommends Dividend​

Datamatics Global Services Limited announced significant corporate approvals on May 21, 2026, including the recommendation of a final dividend, the approval of a Scheme of Amalgamation involving two wholly owned subsidiaries, and the re-appointment of key directorial and auditing personnel.

The company reported its Audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026, which were approved by the Board of Directors.

Financial Results and Dividend Recommendation​

Following the board meeting on May 21, 2026, the Board recommended a final dividend of Rs. 5/- per equity share. This amount represents 100% of the face value of the equity share of Rs. 5 each, for the financial year ended March 31, 2026.

The consolidated financial results for the year ended March 31, 2026, reported a Net Profit after tax of 194.95 crore and Total Comprehensive Income of 205.51 crore.

The company’s financial performance across segments showed Digital Operations generating a total segment result of 206.38 crore for the year, followed by Digital Technologies with 181.22 crore, and Digital Experiences with 40.36 crore.

Amalgamation of Subsidiaries​

The Board approved a Scheme of Amalgamation involving two wholly owned subsidiaries: Dextara Digital Private Limited and Datamatics Cloud Solutions Private Limited, merging them into and with Datamatics Global Services Limited.

The amalgamation is proposed to integrate complementary capabilities across artificial intelligence, cloud-based CRM platforms, Salesforce solutions, and product lifecycle management services, aiming to strengthen the company's market position and enhance its service offerings.

As of March 31, 2026, the paid-up share capital, net worth, and revenue from operations for the three entities involved in the merger are detailed below:

Governance and Key Appointments​

Director Reappointment:
The Board approved the re-appointment of Mr. Rahul L. Kanodia (DIN: 00075801) as a Whole-time Director designated as Vice Chairman & CEO. His tenure has been approved for a period of 5 years, commencing from February 22, 2027, and concluding on February 21, 2032.

Statutory Appointments:
1. The Board approved the re-appointment of M/s. Ajmera & Ajmera, Chartered Accountants, to serve as Internal Auditors for the Financial Year (FY) 2026-27.
2. The Board also approved the draft Postal Ballot Notice for seeking shareholder approval to appoint two Non-Executive Independent Directors: Mr. Hitesh Gajaria (DIN: 10044310) and Mr. Navnit Singh (DIN: 00424875). Both appointments are for a first term of 5 years, effective May 08, 2026.

Financial Position Overview​

The consolidated Balance Sheet data for the year ended March 31, 2026, indicated a Total Assets of 2,355.07 crore and Total Liabilities of 819.12 crore.

Key components of the balance sheet as of March 31, 2026:

• Total Equity: The total equity attributable to owners of the Group stood at 1,535.95 crore.
• Non-current Assets: Total non-current assets reached 1,232.04 crore.
• Total Current Assets: The company reported 1,123.03 crore in total current assets.

The company’s Cash flow statement showed a Net cash flow from operating activities (A) of 323.99 crore for the year ended March 31, 2026, leading to an increase in the net cash and cash equivalents at the end of the year, totaling 141.42 crore.

Audit and Compliance​

The statutory auditors issued an unmodified audit opinion on both the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026.

DATAMATICS Stock Price Movement​

Today, Datamatics Global Services Limited shares edged higher, closing at ₹809.45, marking a notable gain of 5.83%. The stock traded on high volume today, with 405,598 shares exchanged and the price moving within an intraday range of ₹777.8 to ₹814.65.