Fidel Softech Ltd. · NSE:FIDEL
Fidel Softech — Investor Presentation (October 2026)
27 slides from Fidel Softech's investor presentation, Oct 30, 2026
Slide 1: A Japan Moat. A Global Growth Platform.
FIDEL SOFTECH LTD A Japan Moat. A Global Growth Platform. 20+ years of Japan experience • 18 quarters of consistent growth • 100 CR INR → 500 CR INR in 5 years aspiration FY 2026-27 Q2 presentation Ticker Symbol: FIDELSOFT INDIA – JAPAN – USA Building a differentiated Japan-focused Digital Engineeri
Slide 2: Disclaimer
Disclaimer This communication contains certain forward-looking statements relating to the Company's business outlook, growth aspirations, expected operational improvements, proposed acquisition and future financial performance. Such statements are based on management's current expectations and assum
Slide 3: About Fidel in short
About Fidel in short - 20+ yrs 102 CR INR 18 Qtrs 500 CR INR Japan experience FY26 revenue consistent growth 5-year aspiration A relationship and operating moat that takes Up from ~25 CR INR in FY22. A sustained post-IPO execution track record. Next scale milestone by FY30–31. decades to build. The
Slide 4: 20+ Years in Japan Is Not a Slide — It Is a Moat
20+ Years in Japan Is Not a Slide — It Is a Moat ~1997 2001 2022 2026 Founder-level Fidel Tech KK NSE – SME IPO IM Corp joins Japan experience established Japan platform scaled Fidel Group In 2004, Fidel Softech India established Why this matters to investors • Japan is difficult to enter: trust, la
Slide 5: A Bi-Directional Japan Platform
A Bi-Directional Japan Platform JAPAN INDIA + GLOBAL Local relationships Bilingual PM / PMO FIDEL Engineering scale AI & data talent Managed operations Japan-focused Digital Engineering, Localization Enterprise access AI & Language Solutions Cost-efficient delivery Post Delivery support Japanese com
Slide 6: Why Japan Can Be the Differentiator / Multiplier
Why Japan Can Be the Differentiator / Multiplier Existing platform Cross-sell engine Local entity, delivery capability, bilingual teams and long-standing IT, managed IT operation & cybersecurity services, enterprise relationships. solutions, localization, bilingual staffing, AI/data and hi-tech (ele
Slide 7: Why Fidel Can Be Different
Why Fidel Can Be Different Hard-to-copy moat Platform, not a single service ~20+ years of Japan experience, local relationships and bilingual operating Ability to combine consulting, implementation, localization, staffing and capability. managed operations with cutting edge cybersecurity, AIOps, DX,
Slide 8: Key Highlights of Q2 26-27
Key Highlights of Q2 26-27 Financial Business 37.97 Cr INR/ 4.62 Cr INR Revenue / PBT 0.12 % Revenue growth over Q1 of FY 26-27 QoQ Growth 64.05% Revenue growth of YoY compared to Q2 FY 25-26 . Hi-Tech solution 6 new Japanese Offshore project Clients added initiated through machine data YoY Growth c
Slide 9: Financial Results Q2 (QoQ) (Consolidated)
FINANCIAL RESULTS _Q2 (QoQ) (Consolidated) (In Cr) Q2 FY 2025-26 Q1 FY 2026-2027 Q2 FY 2026-2027 Revenue 23.15 37.93 37.97 EBITDA 3.73 5.02 5.61 PBT 3.59 4.27 4.62 PAT 2.77 3.17 3.60 ▪ Last 3 Q, we are ensuring that the revenue is sustainable despite an uncertain global business environment ▪ Reduct
Slide 10: Financial Results Half Yearly (Consolidated)
FINANCIAL RESULTS _Half Yearly (Consolidated)(INR) 75.91 ➢ 88% of revenue comes from US & APAC markets, 80 currently operating at single-digit PAT margins 70 (scale-up phase) 60 39.78 ➢ High growth with slight margin moderation due to 50 scaling and investments 40 30 ➢ Outlook: Similar mix expected
Slide 11: 18th Quarter - Consistent Performance since IPO
18th Quarter - Consistent Performance since IPO (Rs. In Cr) Revenue Revenue trend 40 37.27 37.93 37.97 35 30 25.29 25 23.15 20 16.8 13.8 14.15 14.61 15 12.45 10.48 11.34 8.79 8.85 9.71 9.36 9.55 10 6.96 5 0 Q1 FY 22- Q2 FY 22- Q3 FY 22- Q4 FY 22- Q1 FY 23- Q2 FY 23- Q3 FY 23- Q4 FY 23- Q1 FY 24- Q2
Slide 12: 18th Quarter - Consistent Performance since IPO
18th Quarter - Consistent Performance since IPO (Rs. In Cr) • Positive cashflow, profitability and PAT • We continue to strive to achieve double digit EPS
Slide 13: Geographical and Division based performance
Geographical Performance Division based performance – 20% 11% Europe & Middle East (EMEA) USA United States 80% 16% JAPAN Asia Pacific INDIA (APAC) including India 73 % Localization IT Consulting IT Consulting & Services continue to stabilize& grow. Language localization work continues while multili
Slide 14: Financial Discipline & Capital Allocation
Financial Discipline & Capital Allocation Growth funded responsibly - without diluting existing shareholders so far Cash Flow Debt Profile Capital Allocation +VE Cashflow 2–3.5% 0% low-cost JPY borrowings rate equity dilution 5–8 year tenure, naturally hedged through Japan So far growth has been ach
Slide 15: Shareholders Update
ShareholdersUpdate ….. Market Snapshots – as on 30th September 2026 234 213 192 161 143 135 142 125 Price_NSE Market Capitalization Earning Per Share Linear (Price_NSE) Rs. 242.21 Cr 4.68 (H1 2026-2027) (last year FY 2025-2026 – 10.04) Sep- Dec- Mar- Jun- Sep- Dec- 26- Jun- 24 24 25 25 25 25 Mar 26
Slide 16: Business Overview
Business Overview
Slide 17: Business Highlights - Part1
Business Highlights - Part1 • Cross-selling and offshore delivery through Techvine USA : During the quarter, we initiated an offshore project for a client relationship originating from Techvine USA. So far, Techvine's business has been largely focused on high-end consulting services. This is our fir
Slide 18: Business Highlights - Part2
Business Highlights - Part2 Operational integration & cost optimization remain important priorities as we bring our acquired businesses together. During the quarter, we made progress in several areas: ▪ Integration of IM Corporation in Japan: IM Corpn Japan relocated to Fidel's Japan office in Augus
Slide 19: Business Outlook
Business Outlook • We have also secured several new engagements that are expected to contribute from Q3 onwards. • Asset management software dev project: Fidel has secured a contract valued at approx. 100K USD for the dev of an asset management software platform for the India office of an global fin
Slide 20: Balancing Growth and Profitability
Balancing Growth and Profitability We continue to focus on balancing revenue growth with profitability. While growth in Fidel's India standalone business is subdued, we are seeing more business opportunities at Fidel Tech Japan & IM Corpn, where customers require local delivery, onsite support or a
Slide 21: New Acquisition
New Acquisition Subject to all approvals, compliances
Slide 22: Softenger Pvt Ltd: Why This Acquisition
Softenger Pvt Ltd: Why This Acquisition Strategic fit Softenger (subsidiaries & related co. ) snapshot • Reinforces existing competency as well as adds new • Revenue FY26: 212 Cr (FY25: 157+ Cr) ones - Managed IT operations / AiOps / data center • EBITDA ~11 Cr; PAT 8-9 Cr; Zero debt (OD limit ~4 Cr
Slide 23: Deal Structure and Financials
Deal Structure and Financials (subject to compliances & approvals) Item Details Deal value ~34.5 Cr (India, Singapore, Malaysia) + ~4 Cr (Dubai); 100% acquisition Payment Cash plus share swap Valuation ~3.5-4X EBITDA Revenue by country India ~80 Cr INR approx; Singapore ~80 Cr+ INR approx; Malaysia
Slide 24: Other Updates
Other Updates
Slide 25: Outreach Programs and Employee Engagement Activity
Outreach Programs and Employee Engagement Activity AI Hackathon Pune Mayor and Japanese Traditional Day Winners Delegates Celebration Global BFSI Leadership Global Capacity Centre Indo American Corporate Summit Summit Excellence
Slide 26: Five Engines Behind the 5X Aspiration
Five Engines Behind the 5X Aspiration 1 Japan /ASEAN Cross-sell into existing relationships; expand managed services and enterprise accounts. deepening 2 US expansion Build new logos in AI/data and digital engineering while deepening acquired accounts. 3 AI-enabled services Use AI to increase delive
Slide 27: Thank you
Fidel Softech - with Japan as the moat – India as delivery base and global services as the growth platform. 20+ years in Japan cannot be recreated overnight. Our task now is to convert that advantage into scale. Thank you Fidel Softech Limited | FIDELSOFT