Business Economy


Digilogic Systems H1 net profit surges 151 pc to Rs 4.76-Cr

Hyderabad, Oct 26 (UNI) Digilogic Systems Limited, a provider of test, measurement and simulation solutions for the defence and aerospace sectors, has reported a 150.53 per cent year-on-year increase in net profit to Rs 4.76 crore for the first half of FY27, against Rs 1.90 crore in the corresponding period last fiscal.
Total income rose 91.25 per cent to Rs 34.96 crore during April-September FY27, compared with Rs 18.28 crore a year earlier, the Hyderabad based company said in its financial results announced on Monday.
EBITDA more than doubled to Rs 7.81 crore from Rs 3.45 crore, while the EBITDA margin expanded by 347 basis points to 22.34 per cent.
Profit before tax increased 175.51 per cent to Rs 6.75 crore from Rs 2.45 crore.
The company's operating income grew 82.51 per cent to Rs 33.18 crore from Rs 18.18 crore in the year-ago period.
The net profit margin improved by 322 basis points to 13.62 per cent.
The company attributed the growth to improved execution of existing orders, faster order turnaround and a favourable product mix, along with software value addition and interest income from fixed deposits.
As of October 26, the company's order book stood at Rs 20 crore, while tenders worth around Rs 54 crore were awaiting finalisation.
Business opportunities identified and under progress were valued at approximately Rs 189 crore.
Based on its first-half performance and order pipeline, the company expects year-on-year growth of 25-30 per cent in revenue and 30-35 per cent in EBITDA and net profit in FY27.
Commenting on the performance, CEO Shashank Varma Jetty said the company had recorded growth in revenue, margins and profits, reflecting customer confidence and the efforts of its team.
He said the company was strengthening research and development capabilities through its wholly owned subsidiary, Abhedhya Systems, which is expected to commence commercial production in the second half of FY29, subject to plans progressing as envisaged.
The company is also advancing Project UDAAN and upgrading technology and standard operating procedures across key functions, with the process expected to be completed between December 2026 and March 2027, he said.
Chairman and Managing Director Madhusudhan Varma Jetty said the growing importance of technology in modern warfare was creating demand for precision-guided weapons and associated testing systems.
Digilogic provides automated test equipment (ATE) and computer-operated systems (COS) to support the design, production and integration of electronic systems used in defence applications, he added.
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