Digitide Solutions Limited, formerly known as Conneqt Business Solutions Limited, is a global provider of AI-driven digital transformation and business process solutions, empowering enterprises to enhance productivity, agility, and growth. Headquartered in Bangalore, the Company was incorporated on February 10, 2024, and presently offers a comprehensive suite of services, including AI-led digital solutions, data intelligence, and business process services.
Digitide Solutions Limited is an India-based global provider of artificial intelligence (AI)-driven digital transformation and business process solutions. The Company offers a suite of services, including AI-led digital solutions, data intelligence, and business process services. Digitide Solutions will offer a comprehensive suite of solutions including BPM Services, Insurtech, and HRO. With operations across 30 countries and delivery centres in Manila and India, it is well-positioned to capitalize on emerging BPM opportunities across diverse sectors.
The company operates through two main service verticals. Its technology and AI services include cloud migrations and infra managed services, cybersecurity, digital assurance, digital engineering, ERP services, Generative AI (GenAI) solutions, enterprise modernization and managed services, and others. Its business process services include banking back-office operations, customer experience management, collections, and employee experience management.
Through the Composite Scheme of Arrangement, the Company, along with Bluspring Enterprises Limited, was recently demerged from Quess Corp Limited. The said Demerger involved a strategic realignment by Quess Corp to create three distinct business verticals: Quess Corp, Digitide Solutions, and Bluspring Enterprises. The said Demerger was made effective on June 11, 2025.
Digitide Solutions listed at ₹245 & Bluspring Enterprises at ₹89 after demerger from Quess Corp. In terms of the Demerger, Shareholders of Quess Corp received one share each of the Company and Bluspring Enterprises for every share they held in Quess Corp. The demerger forms part of Quess Corp's broader restructuring strategy, aimed at sharpening business focus and unlocking shareholder value. Under this realignment, the company has split its operations into three standalone verticals.
For the year ended 2024, Digitide Solutions Ltd had posted a profit of ₹139.23 crore on a total income of ₹2,536.21 crore.
However, the company faced challenges in Q4 FY25. The company posted a net loss of ₹9.2 crore in the March quarter of FY25 (Q4FY25), as against a profit of ₹5.2 crore in the December quarter of FY25 (Q3FY25). Its revenue remained flat sequentially (Q-o-Q) at ₹732.5 crore. At the operating level, earnings before interest, tax, depreciation and amortisation (EBITDA) slipped 25.9 per cent Q-o-Q to ₹81.8 crore, from ₹110.4 crore in the previous quarter of the same financial year (Q3FY25). Subsequently, EBITDA margin squeezed 390 basis points (bps) to 11.2 per cent in Q4FY25, from 15.1 per cent in Q3FY25.
* Market Capitalization: ₹3,352.85 Crore
* Revenue (FY24): ₹2,536 Crore
* Profit (FY24): ₹139 Crore
* Promoter Holding: 57.0%
* PE Ratio: 28.93
* PB Ratio: 0.25
* 52-week High: ₹257.25
* 52-week Low: ₹186.57
* Q4 FY25 Net Loss: ₹9.2 Crore
* Q4 FY25 Revenue: ₹732.5 Crore
* Q4 FY25 EBITDA: ₹81.8 Crore
* Q4 FY25 EBITDA Margin: 11.2%
Digitide will leverage AI-driven technology to enable businesses in transforming data into enterprise power, providing real-time insights, automation, and scalability. Its products and platforms include AI-Driven Insurance Data Hub, Pulse.ai, Integrated Insurance Platform, SmartHR, SmartPay, Digital BPaaS, and Sequre.
The company has positioned itself as a comprehensive digital transformation partner, offering end-to-end solutions across various technology domains. Digitide Solutions Limited provides AI-driven digital transformation and business process solutions, offering services like cloud migrations, cybersecurity, and business process management across various industries.
It serves industries, including insurance, healthcare, public sector, diversified industries, banking and financial services, auto and manufacturing, and others. Headquartered in India, the company serves a wide range of industries including BFSI, technology, healthcare, automotive, manufacturing, retail, telecom, and the public sector.
The company's specialised platforms in insurance, customer experience (CX), collections, HR and payroll, talent acquisition, and finance and accounting offer intelligent, customised solutions aimed at driving business efficiency and long-term growth.
Gurmeet Chahal, chief executive officer, Digitide Solutions said, "FY25 was a defining year for us, where Digitide emerged as an independent listed entity. The demerger was not just a structural shift, but a strategic decision to give sharper focus to our digital services business and allow us to operate with greater clarity and purpose."
"We closed the year with healthy momentum, booking over ₹568 crore in deals and adding marquee clients across geographies. With a simplified portfolio, a strengthened leadership team, and an agile go-to-market strategy, the company is well-positioned to deepen client engagements and unlock long-term value for stakeholders in FY26 and beyond," Digitide Solutions said, in a statement.
Digitide Solutions Ltd (DIGITIDE) belongs to the Information Technology sector & IT Services & Consulting sub-sector. The stock symbol of DIGITIDE SOLUTIONS LTD is NSE: DIGITIDE on the NSE, BSE: 544413 on the BSE, and the ISIN is INE0U4701011.
The company represents a strategic opportunity for investors looking to gain exposure to the growing digital transformation and AI-driven business process services market. With its comprehensive service portfolio, global presence, and focus on high-growth sectors, Digitide Solutions is positioned to capitalize on the increasing demand for digital transformation solutions across industries.