Birlasoft Q4 Review - Healthy Operational Performance: ICICI Direct
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Birlasoft Q4 Review - Healthy Operational Performance: ICICI Direct

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BQ Blue’s special research section collates quality and in-depth equity and economy research reports from across India’s top brokerages, asset managers and research agencies. These reports offer BloombergQuint’s subscribers an opportunity to expand their understanding of companies, sectors and the economy.

ICICI Direct Report

Birlasoft Ltd.’s dollar revenue increased 3.2% QoQ to $123.3 million, mainly led by healthy growth across verticals.

The manufacturing vertical increased 3.7% QoQ, energy and utility up 3.2% QoQ, lifescience up 4.0% QoQ.

Ebitda margin increased 48 QoQ (up 401 basis points YoY) to 16.9%.

Overall total contract value for FY21 was at $888 million (up 33% YoY and book to bill ratio of 1.9 times).

The company recommended a dividend of Rs 2.5/share.

Click on the attachment to read the full report:

ICICI Direct Birlasoft Company Update.pdf

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