- Saksoft is a digital transformation partner.
-The company has been in business for nearly two decades.
- Offices across 16 locations worldwide.
- Saksoft operates in FinTech, telecom, utilities, transportation & logistics, retail, and healthtech.
- Supported by horizontal service offerings like analytics, cloud solutions, legacy modernization, and more.
- Achieved 24% YoY growth in revenue.
- EBITDA grew by 54% despite a slowdown in the IT sector.
- Acquired Solveda, a software design and development company.
- Solveda specializes in cutting-edge e-commerce applications.
- Investing in expanding the sales force to acquire new clients.
- Targeting $500 million in revenues by 2030.
- Revenues: INR 183.47 crores (23.95% YoY growth).
- EBITDA: INR 34.53 crores (53.67% YoY growth).
- EBITDA Margins: 18.8%.
- Net Profit: INR 25.15 crores (41.29% YoY growth).
- PAT Margins: 13.7%.
- Americas: 44% of revenues.
- Europe: 21% of revenues.
- Asia Pacific and other regions: 35% of revenues.
- Onsite revenue mix: 45%, Offshore: 55%.
- Saksoft had 14 customers with +$1 million in revenue.
- Added a $0.5 to $1 million client this quarter.
- Employee count: 1993, with 1813 technical employees.
- Employee utilization: 85%.
- Cash on hand: INR 192 crores.
- Debtors days for the quarter: 57 days.