Rs 30 Dividend To Be Paid By August 18 By This IT Company, Record Date On August 08; Why Is It A Buy?

Founded in 1998 and based in Chennai, Alldigi Tech (previously Allsec Technologies) is a global provider of digital business services and a division of Digitide Solutions Limited. With more than 25 years of expertise, Alldigi provides intelligent, experience-led change in Business Process Management (BPM) and Technology & Digital (T&D) to 600+ clients across 60+ countries, including numerous Fortune 100 companies.

Alldigi Tech Dividend Declaration

"The Board has declared an Interim Dividend of INR 30 per equity share of face value of INR 10/- each for the financial year 2025-26. Pursuant to Regulation 42 of the Listing Regulations, the Interim Dividend shall be paid on or before August 18, 2025 to the equity shareholders of the Company, whose names appear on the Register of Members of the Company or in the records of the Depositories as beneficial owners of the shares as on the Record date, i.e., August 08, 2025 fixed for the purpose," said Alldigi Tech in a stock exchange filing.

Alldigi Tech Q1FY26 Financials

In Q1FY26, the firm recorded revenue of Rs 143.9 crore, which represented an 11.3% year-on-year growth but a 1.5% quarter-on-quarter fall. With margins increasing to 25.4% from 24.1% in Q1FY25, EBITDA was up 17.2% from the same quarter last year and 4.0% sequentially to Rs 36.6 crore. Nevertheless, profit after tax (PAT) fell to Rs 14.9 crore, a drop of 53.4% YoY and 22.8% QoQ. Additionally, operating cash flow (OCF) fell precipitously to Rs 20.1 crore, down 47.9% YoY and 58.3% sequentially.

CEO Mr. Naozer Dalal said, "Pleased to report yet another quarter of robust financial performance - Revenue growth of 11% & EBITDA growth of 17% YoY. Seamless migration and fast adoption (92% of India customers) of proprietary Smart HR and Buzzily platforms by our customers is a testament to our continuous innovation through future ready platforms. This has catalysed our growth in number of payslips processed by 12% YoY Our Sales pipeline, across US & India, remains strong (with all new proposals embedded with AI components) which should accelerate Revenue growth with margin accretion & value creation for the customers."

Alldigi Tech Target Price

"Alldigi Tech maintains a bullish undertone, holding firmly above support at ₹970. The stock is gradually approaching resistance at ₹1,020, and a breakout above this zone can push it toward ₹1,050. Momentum indicators, including RSI, are supportive of further upside, reflecting strong buying interest. On the downside, ₹970 remains a crucial level to watch; failure to hold could lead to ₹950. Traders can consider fresh entries above ₹1,020 or buy dips near ₹980 with a stop-loss at ₹965," commented Riyank Arora, technical analyst at Mehta Equities.

Disclaimer

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