Digitide Solutions Reassures Investors: H-1B Visa Changes Won't Impact Operations

1 min read     Updated on 23 Sept 2025, 01:39 PM
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Reviewed by
Naman SharmaScanX News Team
Overview

Digitide Solutions Limited announced that recent H-1B visa regulation changes are not expected to materially impact its operations or financial performance. The company cited minimal reliance on H-1B visas, no impact on existing visa holders, and a strong 65% revenue base in India. Digitide emphasized its commitment to US clients through a mix of local and offshore talent, and is actively monitoring the situation for any further developments.

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

Digitide Solutions Limited (NSE: DIGITIDE, BSE: 544413) has announced that recent changes to H-1B visa regulations are not expected to have any material impact on its operations or financial performance. The company, a global technology-enabled business services provider, issued a press release to address concerns and provide clarity on the situation.

Key Points

  • Minimal Reliance on H-1B Visas: Digitide emphasized that its business model incorporates a diverse mix of onshore and offshore professionals, with limited dependence on H-1B visas.

  • No Impact on Existing Visa Holders: The company clarified that the additional fees associated with the new H-1B visa regulations do not apply to current employees who already possess valid H-1B visas or to visa renewals and extensions.

  • Strong Indian Revenue Base: Digitide highlighted that India accounts for 65.00% of its consolidated revenues, indicating a robust domestic market presence.

  • Commitment to US Clients: The company reaffirmed its dedication to serving US-based clients through a combination of local and offshore talent.

Company Statement

Neeraj Manchanda, Company Secretary & Compliance Officer of Digitide Solutions, stated in the press release, "Based on our current assessment, we do not foresee these regulatory changes to have any material impact on Digitide's operations or financial performance."

Ongoing Monitoring

Digitide assured stakeholders that it is actively monitoring the situation and will continue to evaluate any further developments related to the H-1B visa program. This proactive approach demonstrates the company's commitment to staying ahead of regulatory changes that could affect its business model.

About Digitide Solutions Limited

Digitide Solutions Limited specializes in digital transformation, AI-driven solutions, and business process management. The company serves clients across various industries, including BFSI, technology, healthcare, automotive, manufacturing, retail, telecommunications, and the public sector. Digitide's platforms cover areas such as insurance, customer experience, collections, HR and payroll, talent acquisition, and finance and accounting.

Investors and analysts seeking more information can contact Suraj Prasad, Chief Financial Officer, or Rajesh Lachhani, Head of Investor Relations, through the company's investor relations email.

As global businesses navigate changing regulatory landscapes, Digitide's proactive communication and diversified operational strategy appear to position the company well to manage potential challenges in the evolving international workforce environment.

Historical Stock Returns for Digitide Solutions

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Digitide Solutions Reports 6% Revenue Growth in Q1, Eyes Margin Expansion

2 min read     Updated on 08 Aug 2025, 02:59 PM
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Reviewed by
Ashish ThakurScanX News Team
Overview

Digitide Solutions, newly independent after demerging from Quess Corp, reported Q1 consolidated revenue of INR 736.00 crores, up 6% year-on-year. EBITDA stood at INR 83.00 crores with an 11.2% margin, while PAT was INR 10.00 crores. The company secured 27 new clients and launched 15 AI-led pilots. CEO Gurmeet Chahal outlined a 3x3x3 strategy to triple revenues by FY31, focusing on high-potential verticals and integrated service lines. Digitide aims to grow its tech and digital business to 40% of overall revenues by FY31, betting on application and infrastructure modernization.

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

Digitide Solutions , a newly independent listed entity following its demerger from Quess Corp, has reported a consolidated revenue of INR 736.00 crores for the first quarter, marking a 6% year-on-year increase. The company, which completed its demerger on June 11, 2025, is now focusing on strengthening its position in the tech-enabled business solutions market.

Financial Highlights

Metric Value Notes
Revenue INR 736.00 crores Up 6% year-on-year
EBITDA INR 83.00 crores 11.2% margin
PAT INR 10.00 crores 1.3% margin, after absorbing INR 9.00 crores in one-time listing costs

Segment Performance

Segment Revenue EBITDA Margin
BPM INR 539.00 crores 17%
Tech and digital INR 197.00 crores 9.8%

Operational Highlights

Digitide Solutions secured 27 new client logos and launched 15 AI-led pilots during the quarter. The company's total contract value for Q1 stood at INR 523.00 crores, indicating strong future revenue visibility. Notably, the domestic market contributed 64% of revenue, while international markets accounted for 36%.

Strategic Focus

CEO Gurmeet Chahal outlined the company's 3x3x3 strategy, aiming to triple revenues by FY31. The strategy focuses on three high-potential verticals in each geography, powered by three integrated service lines. Chahal stated, "We are not just building for growth. We are building to lead."

The company is implementing five strategic levers to drive margin expansion and stronger return on equity:

  1. Elevating service mix with more tech and digital offerings
  2. Expanding international presence for premium pricing
  3. Driving operational excellence through automation and process rigor
  4. Applying disciplined deal qualification and structured pricing
  5. Strengthening revenue assurance and cash conversion

Market Outlook

Despite macroeconomic challenges, Digitide Solutions remains optimistic about its growth trajectory. The company expects to maintain growth momentum in the domestic market, particularly in the financial services sector. In the international market, Digitide is focusing on industry segments growing faster than the overall industry, such as insurance and data analytics.

Future Prospects

Digitide Solutions aims to grow its tech and digital business to 40% of overall revenues by FY31. The company is betting big on application and infrastructure modernization, with a focus on hyperscaler-led deals. A recent multi-year AWS transformation deal showcases the company's capabilities in this area.

CFO Suraj Prasad addressed the temporary increase in Days Sales Outstanding (DSO) to 91 days, attributing it to the transition process following the demerger. He assured that DSO is expected to normalize in the coming quarters.

As Digitide Solutions navigates its first year as an independent entity, the company remains committed to its long-term growth strategy and margin expansion goals. With a strong focus on AI-led delivery and strategic investments in leadership and innovation, Digitide Solutions is positioning itself as a key player in the evolving tech-enabled business solutions landscape.

Historical Stock Returns for Digitide Solutions

1 Day5 Days1 Month6 Months1 Year5 Years
-1.77%-5.38%-16.08%-30.86%-30.86%-30.86%
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