Silver Touch Technologies Limited , a prominent IT services company, has secured a significant contract to lead the digital transformation of the National Medical Commission (NMC) in India. This ambitious project, falling under the Digital Mission Mode Project (DMMP) of the Ministry of Health and Family Welfare, aims to revolutionize the country's medical education and healthcare governance landscape.

Project Scope and Objectives

The project entails a comprehensive modernization of NMC's digital ecosystem, encompassing:

• 27 integrated modules
• Cloud infrastructure
• National Command and Control Centre

Silver Touch Technologies, as the Managed Service Provider (MSP), will be responsible for:

1. Complete takeover of existing systems
2. Modernization using cutting-edge technologies
3. Ongoing operation and management of the digital infrastructure

Technological Advancements

The revamped system will leverage:

• Open-source technologies
• Cloud-ready architecture
• AI-powered solutions

These advancements are expected to enhance performance, enable real-time monitoring, and improve interoperability across various stakeholders in the medical education and healthcare sectors.

Key Areas of Impact

Alignment with Global Standards

This initiative aligns with several United Nations Sustainable Development Goals (SDGs):

• SDG 3: Good Health and Well-being
• SDG 4: Quality Education
• SDG 9: Industry, Innovation, and Infrastructure
• SDG 16: Peace, Justice, and Strong Institutions

Compliance and Security

Silver Touch Technologies' approach will integrate:

• Advanced AI capabilities
• Robust cybersecurity measures
• Microservices architecture
• Regulatory-grade cloud infrastructure

These measures ensure compliance with guidelines set by MeitY, CERT-In, and DPDP.

Executive Insight

Himanshu Jain, Executive Director of Silver Touch Technologies Limited, emphasized the project's significance: "This project is more than a technology implementation — it's a mission to strengthen India's healthcare governance, empower institutions through transparency, and align our digital infrastructure with global standards."

As India continues to digitize its governance systems, this project represents a significant step towards enhancing the efficiency and transparency of its medical education and healthcare sectors. The success of this initiative could set a precedent for similar digital transformations in other critical areas of public administration.

Silver Touch Technologies Limited has announced its financial results for the first quarter, showcasing robust growth and improved profitability.

Financial Highlights

• Revenue from operations increased by 11% year-on-year to ₹627.49 crore, up from ₹566.62 crore in the same quarter of the previous year.
• EBITDA grew by 38% to ₹90.28 crore, compared to ₹65.50 crore in the previous year.
• EBITDA margin improved by 200 basis points to 14%.
• Profit after tax (PAT) rose by 22% to ₹40.36 crore from ₹33.20 crore.
• Earnings per share (EPS) increased by 21% to ₹3.18.

Performance Drivers

The company attributed its strong performance to several factors:

1. Larger order book
2. Higher average order sizes
3. Increased focus on high-margin software development projects

Business Segments

Silver Touch Technologies operates across various IT services segments:

Company Overview

With over 30 years of experience in the IT industry, Silver Touch Technologies has established itself as a leading end-to-end IT solutions provider. The company serves more than 1,500 clients worldwide, employs over 2,000 IT professionals, and has successfully delivered more than 4,000 projects. Silver Touch has a global presence with operations in India, USA, UK, and Canada.

Management Commentary

Mr. Vipul Thakkar, Chairman & Managing Director of Silver Touch Technologies, commented on the results: "We have delivered a resilient and growth-oriented performance in Q1, marked by double-digit revenue growth and strong improvement in profitability. This has been driven by an increased order book, a strategic shift towards higher-margin software development projects and continued operational efficiencies. Our focus on expanding e-Governance partnerships, scaling global delivery capabilities and investing in emerging technologies continues to fuel sustainable growth."

Future Outlook

Silver Touch Technologies is poised for continued growth with its focus on:

1. Deepening its e-Governance leadership
2. Expanding international presence, particularly in the UK, Europe, USA, and Canada
3. Investing in emerging technologies such as AI, Cloud, Cybersecurity, RPA, and Data Analytics
4. Enhancing global delivery capabilities
5. Driving recurring revenues through Managed Services and AMC

As Silver Touch Technologies continues to leverage its expertise in cognitive computing, hyper-automation, robotics, cloud, and analytics, the company is well-positioned to capitalize on the evolving digital landscape and deliver value to its stakeholders.