Datamatics Global Services Completes De-registration of UAE Subsidiary

1 min read     Updated on 25 Aug 2025, 07:43 PM
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Overview

Datamatics Global Services Limited has successfully deregistered its wholly owned subsidiary, Datamatics Technologies FZ-LLC, from the Ras Al Khaimah Economic Zone Authority in the UAE. The deregistration was completed on August 24, 2025, and the company ceased to be a subsidiary from the same date. Datamatics received official notification on August 25, 2025, and promptly disclosed this information to the stock exchanges in compliance with SEBI regulations.

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*this image is generated using AI for illustrative purposes only.

Datamatics Global Services Limited has announced the successful de-registration of its wholly owned subsidiary, Datamatics Technologies FZ-LLC, from the Ras Al Khaimah Economic Zone Authority in the United Arab Emirates.

Key Details of the De-registration

  • Completion Date: The de-registration process was completed on August 24, 2025.
  • Effective Date: Datamatics Technologies FZ-LLC ceased to be a subsidiary of Datamatics Global Services Limited from August 24, 2025.
  • Notification Received: The parent company received official notification of the completed de-registration on August 25, 2025, at 12:26 P.M. (IST).

Regulatory Compliance

In compliance with Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, Datamatics Global Services Limited promptly disclosed this information to the stock exchanges. The company filed the necessary intimation with both the BSE Limited and the National Stock Exchange of India Limited on August 25, 2025.

Impact on Corporate Structure

The de-registration of Datamatics Technologies FZ-LLC marks a change in the corporate structure of Datamatics Global Services Limited. This move could be part of the company's strategy to streamline its operations or realign its international presence.

Investors and stakeholders of Datamatics Global Services Limited should note this development as it may have implications for the company's future financial reports and operational structure.

Historical Stock Returns for Datamatics Global Services

1 Day5 Days1 Month6 Months1 Year5 Years
-2.57%-3.56%-12.60%+34.77%+37.36%+1,090.37%
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Datamatics CEO Optimistic Despite Q1 FY26 Revenue Dip, Cites AI-First Strategy

1 min read     Updated on 13 Aug 2025, 12:35 PM
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Reviewed by
Naman SharmaScanX News Team
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Overview

Datamatics Global Services reported mixed Q1 FY26 results with a 6% decline in consolidated revenue to 467.56, but a 12% increase in net profit to 50.38. Operating margins improved from 11.00% to 12.10%. The US market contributed 55% of revenue, while the UK and Europe increased to 21%. CEO Rahul Kanodia expressed confidence in the company's future, highlighting their AI-first strategy and partnerships with Microsoft and Google. Despite ongoing challenges and customer uncertainty, the company targets mid-single-digit organic growth.

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*this image is generated using AI for illustrative purposes only.

Datamatics Global Services , a technology company, has reported mixed financial results for the first quarter of the financial year 2026, with its CEO Rahul Kanodia expressing confidence in the company's future prospects. The company's stock has shown significant momentum, surging 60% over the past six months and 42% in the last month alone.

Financial Performance

For Q1 FY26, Datamatics reported:

Metric Q1 FY26 Q4 FY25 Change
Consolidated Revenue 467.56 497.15 -6.00%
Net Profit 50.38 44.98 +12.00%
Operating Margins 12.10% 11.00% +1.10%

Despite a 6% decline in consolidated revenue, the company managed to increase its net profit by 12%, attributed to improved cost management strategies. This resulted in an expansion of operating margins from 11.00% to 12.10%.

Business Segments and Market Distribution

All three of Datamatics' business segments experienced declines in the quarter. However, the company maintains a strong presence in key markets:

  • US market: Contributed 55% of revenue
  • UK and Europe: Increased share to 21% of revenue

CEO's Outlook

Rahul Kanodia, CEO of Datamatics Global Services, shared his perspective on the company's future:

  • Expressed confidence in the company's prospects for the next two to three years
  • Highlighted the company's AI-first strategy as a key driver
  • Emphasized partnerships with tech giants Microsoft and Google

Kanodia acknowledged ongoing challenges in the business environment:

  • Customer uncertainty persists
  • Slower decision-making processes observed
  • These conditions are expected to continue for the next six months

Despite these challenges, the CEO targets mid-single-digit organic growth for the company.

Future Strategy

Datamatics appears to be positioning itself for future growth through its focus on artificial intelligence and strategic partnerships. The company's AI-first approach, coupled with collaborations with industry leaders like Microsoft and Google, suggests a commitment to staying at the forefront of technological advancements.

While the immediate future may present some hurdles in terms of customer decision-making and market uncertainty, Datamatics' improved profitability and expanded margins indicate effective cost management and operational efficiency.

As the technology landscape continues to evolve, particularly in the realm of AI, Datamatics' strategic focus and partnerships may well position it to capitalize on emerging opportunities in the coming years.

Historical Stock Returns for Datamatics Global Services

1 Day5 Days1 Month6 Months1 Year5 Years
-2.57%-3.56%-12.60%+34.77%+37.36%+1,090.37%
Datamatics Global Services
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