Delaplex Limited, a Nagpur-based technology and business consulting conglomerate, has delivered a robust financial performance for FY25, posting a 24.3% YoY increase in revenue and a 31.9% growth in EBITDA. The company, listed on the NSE Emerge platform, has strategically positioned itself as a global leader in software development, cloud services, data science, supply chain consulting, and digital transformation solutions.

Let’s break down the key highlights and growth enablers from Delaplex’s impressive FY25 performance.

Strong YoY Financial Performance in FY25

For the financial year ending March 31, 2025, Delaplex reported:

• Total Income of ₹701 Mn, up from ₹564 Mn in FY24 – a YoY rise of 24.3%

• EBITDA reached ₹160 Mn, up from ₹121 Mn – a YoY increase of 31.9%

• Profit After Tax (PAT) stood at ₹121 Mn, a 20.4% growth over ₹101 Mn in the previous fiscal year

• EBITDA margin improved to 22.8%, gaining 132 basis points YoY

• PAT margin rose slightly by 10 basis points to 18.0%

These results reflect Delaplex’s strong execution, with effective cost management, cross-functional operational restructuring, and successful integration of acquisitions fueling the growth.

Half-Yearly Growth: H2 FY25 vs H2 FY24

• H2 FY25 revenue increased by 16.2% YoY to ₹328 Mn

• EBITDA jumped to ₹78 Mn in H2 FY25 from ₹55 Mn in H2 FY24 – an increase of 42.5%

• EBITDA margin expanded to 23.9% from 19.5% – a 440 basis points improvement

• PAT rose 11.5% to ₹58 Mn

Growth in H2 FY25 was largely driven by:

• Expansion in the EMEA region

• New consulting division in Hyderabad

• Strategic projects with Bharat Sanchar Nigam Limited (BSNL)

Strategic Acquisitions Accelerating Growth

Delaplex's aggressive acquisition strategy paid rich dividends in FY25. Two key deals helped elevate the company’s capabilities and global presence:

1. Blueberry Systems Limited (UK):

   • 70% stake acquired in April 2024

   • Became a 100% subsidiary of Delaplex Software Limited (UK) by November 2024

   • Strengthened Delaplex's digital transformation services and UK market presence

2. Celestia Crew Consultancy (India):

   • 70% stake acquired in May 2024

   • Boosted the company’s Workforce Management and Centers of Excellence (CoEs) offerings

   • Already contributing to FY25 revenue post-acquisition

These acquisitions are part of Delaplex’s focused strategy to become a tech-enabled global solutions leader.

Diversified Revenue Mix Across Services and Geographies

Delaplex’s revenue split for FY25 highlights its multi-service and global growth model:

• Supply Chain Consulting: 45%

• Software Development & Cloud Solutions: 37%

• Other Services: 18%

Geographically, domestic revenue formed 26.42% of the total, growing 46% YoY – a strong signal of the company’s increasing focus on India-centric projects and public sector collaborations.

AI and Operational Efficiency Driving Profitability

One of the standout drivers of FY25 growth was Delaplex's leveraging of AI and technology in optimizing operations:

• Implemented AI tools to streamline delivery processes

• Restructured teams in the UK unit for better synergy and collaboration

• Introduced cross-skilling and upskilling initiatives

• Focused on cost optimization and strengthened tech leadership in India and the UK

These efforts led to a significant increase in EBITDA and margin expansion, despite macroeconomic headwinds.

Major Client Wins and Business Expansion

• Empaneled as National System Integrator with BSNL:

  • Enables participation in BSNL’s major telecom integration projects

  • Positions Delaplex as a key player in the telecom tech solutions space

• Secured major orders from an oil & gas major and expanded managed services for a US-based global tech leader

  • Additional orders from existing clients are in the pipeline, ensuring a strong revenue outlook

Global Expansion and UK Market Penetration

Delaplex made a strong foray into international markets:

• Launched Delaplex Software Limited in the UK in April 2024

• With the full acquisition of Blueberry Systems, Delaplex is now deeply embedded in the UK’s digital transformation ecosystem

These moves are aligned with the company’s long-term goal of becoming a full-stack technology and business consulting enterprise across geographies.

Leadership Commentary and Strategic Outlook

Commenting on the FY25 performance, Nitin Sachdeva, Managing Director and President of Delaplex Limited, said:

"Despite global economic headwinds, Delaplex has shown resilience and execution strength. Our focus on AI, cost efficiency, and global expansion has laid the foundation for sustainable growth. As we complete our first year on NSE Emerge, we remain committed to innovation, deepening client relationships, and scaling across high-growth markets."

Sachdeva emphasized the importance of:

• Investing in innovation

• Expanding domestic and international sales

• Enhancing customer-centric services

• Strengthening AI and cybersecurity capabilities

Conclusion: A Strong First Year as a Listed Entity

FY25 marked a milestone year for Delaplex, not only for its financial achievements but also for its strategic transformation. The company’s approach of combining acquisitions, AI integration, and international expansion has translated into real shareholder value.

Looking forward, Delaplex aims to:

• Grow domestic and international business at an accelerated pace

• Diversify offerings in AI, cloud, cybersecurity, and consulting

• Leverage existing client relationships for repeat business

• Establish new partnerships in high-growth sectors

As Delaplex continues its journey, it positions itself not just as a software company, but as a holistic, tech-powered consulting leader.

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