Sagility India Ltd

The move is aimed at aligning with SEBI's minimum public shareholding rule, which mandates that at least 25% of a listed company's equity be held by the public. Currently, Sagility B.V. holds 82.39% of the company's equity (as of March 2025), leaving the public float well below regulatory requirements. The OFS began today, May 27, with the offer open exclusively to non-retail investors. On May 28, retail investors will have their turn, along with non-retail bidders from the previous day who choose to carry forward their unallotted bids. Trading is being conducted through a special window on the BSE and NSE during regular market hours, from 9:15 a.m. to 3:30 p.m. Sagility B.V. is offering a base lot of 34.61 crore shares, amounting to 7.39% of Sagility India's total equity. There's also an oversubscription option for an additional 35.69 crore shares or 7.62%, taking the total potential divestment to 70.30 crore shares, equivalent to 15.02% of the company. The floor price for the OFS has been fixed at Rs 38 per share, marking an 11.34% discount to Monday's closing price of Rs 42.86 on the BSE. The steep discount and the sheer volume of shares on offer appear to have spooked investors, triggering a sharp drop in the stock price. By 4:00 p.m. on T-1 Day, the OFS saw subscriptions hitting 223.72% of the base non-retail offer size (31.15 crore shares). A total of 69,69,20,359 bids were received, signaling strong institutional appetite. Sagility India is a leading global provider of technology-enabled business solutions and services to clients in the U.S healthcare Industry. On a consolidated basis, Sagility India's net profit surged 127.64% to Rs 182.57 crore while revenue from operations jumped 22.23% to Rs 1,568.5 crore in Q4 FY25 over Q4 FY24. Powered by Capital Market - Live

Net profit of Sagility India rose 127.62% to Rs 182.57 crore in the quarter ended March 2025 as against Rs 80.21 crore during the previous quarter ended March 2024. Sales rose 22.23% to Rs 1568.48 crore in the quarter ended March 2025 as against Rs 1283.19 crore during the previous quarter ended March 2024. For the full year,net profit rose 136.18% to Rs 539.12 crore in the year ended March 2025 as against Rs 228.27 crore during the previous year ended March 2024. Sales rose 17.17% to Rs 5569.92 crore in the year ended March 2025 as against Rs 4753.56 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales1568.481283.19 22 5569.924753.56 17 OPM %23.7823.95 -23.3022.89 - PBDT353.32268.92 31 1227.09930.89 32 PBT238.9992.88 157 760.23241.68 215 NP182.5780.21 128 539.12228.27 136 Powered by Capital Market - Live

Sagility India will hold a meeting of the Board of Directors of the Company on 14 May 2025.Powered by Capital Market - Live

Sagility India will hold a meeting of the Board of Directors of the Company on 14 May 2025.Powered by Capital Market - Live

Revenue from operations jumped 15.3% YoY to Rs 1,453.07 crore in Q3 FY25. Profit before tax (PBT) stood at Rs 289.81 crore in Q3 FY25, steeply higher than Rs 43.52 crore recorded in Q3 FY24. In Q3 FY25, adjusted EBITDA stood at Rs 456.7 crore, up 67.3% as compared with Rs 273 crore posted in same quarter last year. Adjusted EBITDA margin stood at 31.4% in Q3 FY25 as against 21.7% in Q3 FY24. In dollar terms, the company reported revenue of $172.0 million, while adjusted PAT stood at $31.1 million in Q3 FY25. As of 31st December 2024, the company had 39,595 employees. Attrition improved to 21.8% in Q3 FY25 as against 21.2% in Q3 FY24. Ramesh Gopalan, managing director and Group CEO said, 'Q3FY25 was an exceptional quarter both in terms of top-line and bottom-line, driven by growth both in our tenured large clients as well as newer accounts which we won in the last three years. Our operational delivery excellence and our technology capabilities, including end-to-end solutions, automation, analytics and AI, help us differentiate in the marketplace and improve operational efficiencies, and enhance customer experience for our clients. Our acquisition of BroadPath diversifies our client base and adds new capabilities to our already broad and deep service portfolio. This will further enhance our market position among large US health plans and helps us expand our presence in the mid-market.' Sarvabhouman Srinivasan, group chief financial officer added, 'In addition to sound Operating performance, our exceptional margins in this quarter were driven by favorable foreign exchange movements, higher operating margins due to open enrollment, and higher other income. The acquisition of BroadPath strengthens our growth strategy and enhances the business mix. Our emphasis will remain on driving efficiencies from the application of technology, AI, and our domain expertise.' Sagility India provides technology-enabled business solutions and services to clients in the US healthcare industry. It is a pure-play healthcare focused services provider, and its clients include payers (US. health insurance companies, which finance and reimburse the cost of health services) and providers (primarily hospitals, physicians, and diagnostic and medical devices companies).Powered by Capital Market - Live

Net profit of Sagility India rose 207.24% to Rs 216.91 crore in the quarter ended December 2024 as against Rs 70.60 crore during the previous quarter ended December 2023. Sales rose 15.31% to Rs 1453.07 crore in the quarter ended December 2024 as against Rs 1260.18 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales1453.071260.18 15 OPM %26.9920.65 - PBDT405.99219.07 85 PBT289.8143.52 566 NP216.9170.60 207 Powered by Capital Market - Live

Sagility India will hold a meeting of the Board of Directors of the Company on 5 February 2025.Powered by Capital Market - Live

The brokerage highlighted Sagility India's position as a leading US-healthcare-focused BPM firm with deep domain expertise. The firm expects the company to achieve a revenue CAGR of 12% and a profit CAGR of 40% between FY25 and FY27, supporting its current P/E multiples. ' The broker noted several factors driving Sagility's growth, including sustained double-digit revenue growth, normalization of depreciation and amortization (D&A) costs, and debt reduction efforts, which are expected to boost EPS. Sagility India provides technology-enabled business solutions and services to clients in the US healthcare industry. It is a pure-play healthcare focused services provider, and its clients include payers (US. health insurance companies, which finance and reimburse the cost of health services) and providers (primarily hospitals, physicians, and diagnostic and medical devices companies). The company's consolidated net profit surged 235.64% to Rs 117.34 crore on 21.10% rise in revenue from operations to Rs 1,325 crore in Q2 FY25 over Q2 FY24. Sagility India made its stock market debut on 12 November 2024. The stock listed at Rs 31.06, a premium of 3.53% over its issue price of Rs 30. The IPO, which was open for subscription from November 5 to 7, 2024, was oversubscribed 3.20 times. Powered by Capital Market - Live

Net profit of Sagility India rose 235.64% to Rs 117.34 crore in the quarter ended September 2024 as against Rs 34.96 crore during the previous quarter ended September 2023. Sales rose 21.11% to Rs 1325.05 crore in the quarter ended September 2024 as against Rs 1094.10 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales1325.051094.10 21 OPM %22.7321.40 - PBDT286.78214.85 33 PBT160.4243.38 270 NP117.3434.96 236 Powered by Capital Market - Live

The domestic equity benchmarks traded with modest losses in the early afternoon trade. The Nifty slipped below the 23,150 mark after hitting the day's high of 24,343.30 in early trade. Auto shares declined after advancing in past two consecutive trading sessions. At 12:30 IST, the barometer index, the S&P BSE Sensex, was down 269.80 points or 0.34% to 79,840.05. The Nifty 50 index lost 77.80 points or 0.32% to 24,144.10. The broader market outperformed the benchmark indices. The S&P BSE Mid-Cap index gained 0.26% and the S&P BSE Small-Cap index added 0.40%. The market breadth was strong. On the BSE, 2,181 shares rose and 1,571 shares fell. A total of 157 shares were unchanged. Derivatives: The NSE's India VIX, a gauge of the market's expectation of volatility over the near term, rose 1.96% to 15.60. The Nifty 28 November 2024 futures were trading at 24,172.30, at a premium of 28.20 points as compared with the spot at 24,144.10. The Nifty option chain for the 28 November 2024 expiry showed maximum Call OI of 110.8 lakh contracts at the 25,000 strike price. Maximum Put OI of 95.8 lakh contracts were seen at 23,000 strike price. Buzzing Index: The Nifty Auto index slipped 1.18% to 23,437.70. The index rallied 2.64% in past two consecutive trading sessions. Bajaj Auto (down 2.93%), Mahindra & Mahindra (down 1.9%), Eicher Motors (down 1.86%), TVS Motor Company (down 1.36%), Tata Motors (down 0.88%), Ashok Leyland (down 0.69%), Maruti Suzuki India (down 0.46%) and Hero MotoCorp (down 0.38%) declined. On the other hand, Apollo Tyres (up 2.46%), Balkrishna Industries (up 0.94%) and Samvardhana Motherson International (up 0.70%) edged higher. Stocks in Spotlight: Sagility India zoomed 9.98% after the company's consolidated net profit surged 235.64% to Rs 117.34 crore on 21.10% rise in revenue from operations to Rs 1,325 crore in Q2 FY25 over Q2 FY24. Kwality Pharmaceuticals advanced 2.57% after the company announced that it has successfully received domestic and export product approvals for the manufacturing and sale of its biological product, PEGylated-Asparaginase. Zomato added 1.08% after the company's board has approved the opening of qualified institutional placement (QIP) of equity shares with the floor price of Rs 265.91 per share. Further, the food delivery company informed that it has received communication regarding liquidation of Zomato Internet LLC (ZIL), a step down subsidiary of Zomato effective from 20 November 2024. It had already disclosed in red herring prospectus dated 6 July 2021 and prospectus dated 19 July 2021 that ZIL didn't have any active business operations and was under the process of liquidation. Powered by Capital Market - Live