Alldigi Tech Q2 FY27: Profit Up, Buyback Approved

Revenue grew to Rs 153.31 crore while profit rose to Rs 26.58 crore for the quarter ended September 30, 2026.

Reader Takeaway: Strong operational growth supports a Rs 48 crore capital return, though the buyback still requires final shareholder approval.

What just happened

Alldigi Tech Ltd reported its financial results for the second quarter ending September 30, 2026. The company saw a revenue increase to Rs 153.31 crore from Rs 147.42 crore in the previous year. Net profit also showed significant growth, climbing to Rs 26.58 crore from Rs 17.62 crore year-over-year.

Simultaneously, the Board of Directors approved a share buyback proposal. The company intends to repurchase up to 4.8 lakh equity shares, representing approximately 3.15% of its total paid-up capital as of March 31, 2026, at a price of Rs 1,000 per share. The total outlay for this buyback is capped at Rs 48 crore.

Why this matters

The buyback is structured as a tender offer, which typically allows shareholders to exit or reduce their holdings at a premium to current market prices. This reflects management's confidence in the firm's balance sheet and commitment to returning surplus capital to its investors.

What changes now

The buyback is not yet immediate. It remains subject to approval by shareholders via a special resolution to be conducted through a postal ballot. The board has also formed a specific 'Buyback Committee' to oversee the process and finalize the record date for shareholder eligibility.

Management Update

Separately, the company has appointed Mr. Alok Kumar Chaubey, previously VP of Sales (Tech and Digital), as a member of its Senior Management Personnel, effective immediately.

What to track next

Investors should monitor official BSE filings for the postal ballot timeline and the subsequent announcement of the record date, which will determine who is eligible to participate in the buyback.