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Sagility block deal: Promoter Sagility BV likely to sell 12% stake for Rs 2,377 crore

By · Published by Everything Blog

In short

The transaction will offload a 12% stake valued at Rs 2,377 crore, diminishing Sagility B.V.'s previous 2,38,51,29,151 share count. The sale follows a strong second quarter where revenue expanded 22.5% to Rs 2,032.1 crore and adjusted profit after tax reached Rs 325.4 crore. The company also strengthened its operational footprint by acquiring Chirok Health LLC to enhance its revenue cycle management capabilities.

Key points

  • The planned block deal will dilute the primary promoter's majority ownership stake.: The planned block deal will dilute the primary promoter's majority ownership stake.
  • Strong operational execution pushed adjusted EBITDA margins to their highest level in six…: Strong operational execution pushed adjusted EBITDA margins to their highest level in six quarters.
  • New deals totaling $40.2 million in annual contract value were secured during the quarter.: New deals totaling $40.2 million in annual contract value were secured during the quarter.

Sources checked by our analysis pipeline: 1

According to the September-quarter shareholding data, Sagility B.V. held 2,38,51,29,151 shares, representing a 50.95% stake in the company. If the proposed transaction goes through, the promoter's shareholding will decline.

Sagility shares settled at Rs 44.69 apiece on Thursday on the BSE, down 1.17% from the previous close of Rs 45.22.

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Sagility Q2 results

Sagility reported adjusted profit after tax (PAT) of Rs 325.4 crore ($34 million) for the second quarter of FY27, marking year-on-year growth of 8.1%. Adjusted PAT stood at 16% of revenue.

Revenue rose 22.5% year-on-year to Rs 2,032.1 crore ($212.6 million), while growth in constant currency terms stood at 12.2%. Organic revenue growth was 22.2%, or 11.9% in constant currency terms.

Adjusted EBITDA increased 23% year-on-year to Rs 535.3 crore ($56 million), with the adjusted EBITDA margin at 26.3% of revenue. Basic earnings per share rose 13.3% year-on-year to Rs 0.61, while adjusted basic EPS grew 8.1% to Rs 0.70.

The company secured $40.2 million in annual contract value (ACV) from…

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