What Is the Order?
Exato Technologies has received three distinct orders from iQor India Services Private Limited, Noida, specifically for professional charges related to managed services. The total consideration for these contracts is INR 24,57,92,000, excluding taxes and government levies. Execution is phased across the three components, with the first and third orders scheduled for completion by August 31, 2027, and the second order by September 1, 2027.
This contract is classified as a domestic entity engagement, reinforcing the company service delivery capabilities within the Indian technology sector.
Client Profile and Strategic Importance
iQor India Services Private Limited is part of a global managed services organization recognized for its focus on customer experience automation and business process outsourcing. The firm operates extensively in India, providing customer support, technical assistance, and digital interaction services for multinational brands. Securing multiple orders from such an established global service provider validates Exato technical expertise in managed IT solutions and its ability to maintain long-term professional engagements with large-scale service delivery partners.
Financial Context and Performance
The current order value of ₹24.58 Crore is substantial when compared to Exato Technologies annual operating revenue of ₹124.23 Crore. The company has demonstrated strong financial momentum, with annual net profit growing by 83.74 percent year-on-year. Despite a recent month-on-month price correction of 11.23 percent, the firm maintains a high return on equity of 23.04 percent.
With a price-to-earnings ratio of 37.99, the market values the company at a premium compared to the industry average PE of 21.14, reflecting growth expectations in the IT consulting space.
Business Overview
- Operates in the IT Consulting and Software industry providing technology-driven solutions
- Focuses on delivering high-quality software and managed services to domestic and international clients
- Maintains a stable ownership structure with promoter holding at 54.73 percent
- Achieved a Piotroski Score of 4 indicating moderate financial strength
- Institutional investors currently hold a 7.88 percent stake in the company equity