SoftTech engineers sees strong growth, eyes global expansion
SoftTech Engineers Limited announced a strong financial performance for FY 2024–25, with standalone revenue increasing by 19% year-on-year to INR 96.26 Cr. The company's EBITDA margin stood at 29%, maintaining profitability despite increased investments. Recurring revenue, from SaaS and transactional models, grew by 8% to INR 22.89 Cr, now comprising 24% of total revenue.
Key strategic milestones for the year included initiating proof of concepts in Germany, Sweden, USA, and Oman, and launching RuleBuddy.ai for architects and citizens. The company also secured high-value projects from NHLML, MITL, and J&K Smart City, and formed strategic alliances with CGI (USA) and CDCI (Malaysia) to boost international SaaS rollouts.
SoftTech's strategic pillars focus on Digital Government First, Global Expansion, Recurring Revenue Growth, Tech-Led Innovation, and Sustainable Infrastructure, aiming for continued market leadership and sustainable growth. The company successfully completed the first version of CivitSustain: Fire & Water Edition, further enhancing its ESG product pipeline.
This report was generated by FilingReader's AI system from regulatory filings and company disclosures. To request a correction, contact editorial@filingreader.com
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