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Allsec Technologies Limited, a global leader in Digital Business Services (DBS) & Human Resources Outsourcing (HRO) solutions announced its financial results for the Financial Year FY23.
FY23 revenue from Operations is up by 23.1% YoY, driven by growth in both verticals - DBS by 25.8% & HRO by 18.3%.
The key consolidated financial parameters are:
|
Particulars |
Q4 FY23 |
Q3 FY23 |
Q4 FY22 |
YoY (%) |
QoQ |
FY 22-23 |
FY21-22 |
YoY % |
||
|
Revenue from Operations |
108.0 |
100.1 |
85.4 |
26.5% |
7.9% |
390.5 |
317.2 |
23.1% |
||
|
EBITDA |
23.7 |
21.0 |
23.6 |
0.6% |
13.1% |
88.4 |
80.2 |
10.2% |
||
|
EBITDA Margin % |
22.0% |
21.0% |
27.6% |
-564 bps |
102 bps |
22.6% |
25.3% |
-264 bps |
||
|
PBT |
15.2 |
14.1 |
18.2 |
-16.4% |
8.3% |
64.5 |
61.2 |
5.5% |
||
|
PBT Margin |
14.1% |
14.0% |
21.3% |
-722 bps |
5 bps |
16.5% |
19.3% |
-275 bps |
||
|
PAT |
12.1 |
7.2 |
17.5 |
-30.7% |
67.8% |
48.9 |
35.6 |
37.1% |
||
|
PAT Margin |
11.2% |
7.2% |
20.5% |
-928 bps |
401 bps |
12.5% |
11.2% |
128 bps |
||
|
Diluted EPS ( in ₹) |
7.96 |
4.74 |
11.49 |
-3.53 |
3.22 |
32.07 |
23.39 |
8.68 |
Q4 FY’23 Business highlights
Ø Digital Business Services (DBS):
§ Total Revenue for the vertical at ₹ 68.9 Cr is up by 28.2% YoY and 3.2% QoQ.
§ International business revenue at ₹ 47.3 Cr is up by 24.6% YoY and 6.3% QoQ
§ Domestic business revenue at ₹ 21.6 Cr is up by 37.0% YoY and -3.0% QoQ
§ Margin at ₹7.6 Cr is down by 0.4% YoY and 13.2% QoQ
§ Total Headcount at 4,076 is up by 17.3% YoY and down by 1.4% QoQ
Ø Human Resources Operations (HRO):
§ Total Revenue for the vertical at ₹ 39.1Cr is up by 23.6% YoY and 17.3% QoQ
§ HRO Payroll business revenue at ₹29.1Cr is up by 17.7% YoY and 14.1% QoQ
§ HRO Compliance business revenue at ₹10.0 Cr is up by 43.9% YoY and 27.2% QoQ
§ Margin at ₹10.5 Cr is decreased by 11.3% YoY and 1.7% QoQ
§ 35.9 lacs Payslips processed, up by 11.4% YoY and 4.0% QoQ
Commenting on the results, CEO Mr. Naozer Dalal said, “We are pleased to share with you yet another set of robust results for March 23 with YoY high double-digit growth in full year Revenue & PAT. Both our businesses continue to perform exceedingly well with HRO emerging as a clear market leader this year. We will continue to make the right investments in people & technology to ensure that we retain our growth trajectory into the near future.”