New Order Software & Services NSE: 16692005 ·

Exato Technologies Secures Managed Services Orders Worth ₹24.58 Crore From iQor India

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Exato Technologies Secures Managed Services Orders Worth ₹24.58 Crore From iQor India

Exato Technologies Ltd — New Order · 16692005

Order Value

₹24.58 Cr

Managed Services

Market Cap

₹370.36 Cr

Micro Cap

Annual Revenue

₹124.23 Cr

FY24 Growth: 9.8%

Net Profit Growth

83.74%

Annual YoY

! Key Highlights

  • Aggregate value of the three managed services orders is ₹24,57,92,000 excluding taxes
  • Projects are scheduled for phased execution through August 31 and September 1, 2027
  • Contracts were awarded by iQor India Services Private Limited, a major global CX provider
  • The order value represents approximately 19.8 percent of the company annual revenue
  • The transaction does not involve any promoter interest or related party dealings

Exato Technologies Limited has secured three work orders for managed services from iQor India Services Private Limited. These orders carry an aggregate value of ₹24.58 Crore and represent a significant addition to the company service pipeline through late 2027.

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

Exato Technologies Ltd — Financial Snapshot

BSE: 544626 · NSE: 16692005 · Software & Services

Current Market Price ₹367.95 per share
Market Capitalisation ₹370.36 BSE Listed
Revenue (Annual) ₹124.23 Operating
Net Profit (Annual) ₹9.75 Consolidated
P/E Ratio (TTM) 37.99× Sector: 22.2×
Promoter Holding 54.73% — QoQ
FII Holding 0% Current Qtr

"This development reflects the Company’s strong technical expertise and consistent focus on delivering high-quality software and technology-driven solutions."

— Geeta Jain, Company Secretary

Source Verified

Exchange filing by Exato Technologies Limited announcing the receipt of managed services orders from iQor India. Financial metrics from Trendlyne.

View Filing