Alldigi margin expands as expenses fall QoQ
Consolidated net profit rose +46.69% QoQ, but the tax rate fell 15.60 percentage points and other income contributed 7.64% of pre-tax profit.
Filed 29 Oct 2026, 20:30 IST · after market close · Alldigi Tech Ltd (ALLDIGI)
Key takeaways
- Consolidated operating margin widened 2.68 percentage points to 30.20% QoQ as revenue rose +2.02% while expenses fell -1.76%.
- Net profit rose +46.69% QoQ to Rs 26.58 cr, helped by the tax rate falling 15.60 percentage points to 10.92%.
- Alldigi's 30.20% operating margin was 8.47 percentage points above the 21.73% median for 21 reported Services peers.
Price around the results
Lower expenses lifted the operating margin
Consolidated revenue increased +2.02% QoQ to Rs 153.31 cr, while expenses declined -1.76% to Rs 107.01 cr. That gap lifted operating profit +11.97% and widened operating margin by 2.68 percentage points to 30.20%. Interest also fell -8.38% and depreciation declined -4.30%.
Tax rate drove the larger profit increase
Profit before tax rose +21.01% QoQ, while net profit increased +46.69% to Rs 26.58 cr. The tax rate fell 15.60 percentage points to 10.92%, which amplified the increase in net profit. Other income fell -25.25% and represented 7.64% of pre-tax profit, so it was a secondary contributor rather than the main profit driver.
Margin moved above the Services peer median
Alldigi's 30.20% operating margin was 8.47 percentage points above the 21.73% median among 21 Services peers that had reported. The margin improved from 27.52% in Q1FY27 to 30.20% in Q2FY27, marking a clear quarter-on-quarter improvement.
Results were filed after market close
The consolidated results were filed after market close on 29 October 2026. The immediate stock response is therefore not included.
Q2FY27 at a glance
Consolidated figures as filed with NSE — filed ahead of third-party databases, not yet independently cross-checked.
| Line item | Q2FY27 | Q1FY27 | QoQ |
|---|---|---|---|
| Revenue | ₹153 cr | ₹150 cr | +2.02% |
| Other income | ₹2 cr | ₹3 cr | -25.25% |
| Expenses | ₹107 cr | ₹109 cr | -1.76% |
| Operating profit | ₹46 cr | ₹41 cr | +11.97% |
| Operating margin (%) | 30.20% | 27.52% | — |
| Interest | ₹3 cr | ₹4 cr | -8.38% |
| Depreciation | ₹15 cr | ₹16 cr | -4.30% |
| Profit before tax | ₹30 cr | ₹25 cr | +21.01% |
| Tax | ₹3 cr | ₹7 cr | -50.15% |
| Net profit | ₹27 cr | ₹18 cr | +46.69% |
| EPS (₹) | ₹17.44 | ₹11.89 | +46.68% |
Operating margin of 30.20% compares with a Services sector median of 21.73% across 21 peers that have reported Q2FY27.
What to watch
- Whether operating margin remains above 30.20%.
- Whether expenses continue to grow more slowly than revenue, after revenue rose +2.02% while expenses fell -1.76%.
- Whether the tax rate remains near 10.92%.