Saksoft Ltd
NSE:SAKSOFT
Saksoft Ltd
Saksoft Ltd. engages in providing information technology services. The company is headquartered in Chennai, Tamil Nadu and currently employs 1,554 full-time employees. The company went IPO on 2005-04-22. The firm and its subsidiaries are engaged in the business of providing information technology (IT) services, allied business solutions and strategic consulting services, including digital transformation solutions for its customers. The firm's custom-developed cloud-enabled enterprise applications and omnichannel solutions allow businesses to access real-time information. The firm's verticals include logistics and transportation, fintech, healthcare, retail e-commerce, telecommunications and the public sector. The firm's digital solutions include enterprise applications, intelligent automation, augmented analytics and enterprise cloud. The firm's services include application services, managed services, testing and quality assurance (QA), and core data services. The firm operates primarily in Europe, the United States, and the Asia Pacific and Others.
Saksoft Ltd. engages in providing information technology services. The company is headquartered in Chennai, Tamil Nadu and currently employs 1,554 full-time employees. The company went IPO on 2005-04-22. The firm and its subsidiaries are engaged in the business of providing information technology (IT) services, allied business solutions and strategic consulting services, including digital transformation solutions for its customers. The firm's custom-developed cloud-enabled enterprise applications and omnichannel solutions allow businesses to access real-time information. The firm's verticals include logistics and transportation, fintech, healthcare, retail e-commerce, telecommunications and the public sector. The firm's digital solutions include enterprise applications, intelligent automation, augmented analytics and enterprise cloud. The firm's services include application services, managed services, testing and quality assurance (QA), and core data services. The firm operates primarily in Europe, the United States, and the Asia Pacific and Others.
Revenue Growth: Q3 FY '26 revenue reached approximately INR 250 crores, up 11% year-on-year, though down 3% sequentially due to temporary client spending slowdowns.
Profitability: Net profit for the quarter was around INR 29 crores, up 7% year-on-year, but included a one-time provision of INR 4.86 crores due to new labor code requirements.
Margins: EBITDA margin for Q3 was 18.1%, impacted by revenue softness and continued investments; year-to-date EBITDA margin stands at 18.7%. Management expects to maintain 18%–20% margins.
Client Concentration: Temporary slowdown was linked to spending deferment by two top customers; management sees early signs of recovery and expects the issue to normalize.
Strategic Direction: The company continues to invest in sales, leadership, and AI capabilities, aiming for outcome-based contracts and annuity-led revenue streams. The Vision 2030 revenue target is USD 500 million, largely through organic growth.
Deal Activity: Increased participation in larger RFPs, including multi-year digital transformation and AI-led projects, with improved traction on large and outcome-based deals.
