ESDS Software Solution Limited has posted impressive consolidated financial results for the fiscal year 2024-25, highlighting its strong leadership in cloud and data center services. The company reported revenue of Rs 376.66 crore, a solid 28.9 percent growth compared to the previous year’s Rs 292.14 crore. This growth underlines rising demand for cloud infrastructure across government, BFSI, and corporate sectors.
Strong Profitability and Turnaround
Profitability surged during the year, with EBITDA more than doubling to Rs 144.94 crore, up from Rs 75.92 crore last year, reflecting improved operational efficiency and margin expansion. Profit before tax jumped to Rs 82.73 crore, compared to Rs 23.37 crore in FY 23-24, while net profit after tax soared to Rs 55.61 crore, a massive improvement from Rs 13.61 crore in the previous year.
Earnings per Share (EPS) also saw a steep rise, moving up to Rs 5.83 per share from Rs 1.35 per share last year. This jump underscores the company’s ability to generate higher returns for its shareholders and strengthens its investment appeal.
Contract Wins Driving Momentum
ESDS secured new orders worth over Rs 175 crore, including significant deals with IGR-LR, Energy Efficiency Services Ltd, MCGM, and Maharashtra State Cooperative Bank. These contract wins strengthen the company’s healthy order book and reinforce its strong market position.
Strategic Expansion of Infrastructure
The company expanded its infrastructure footprint by commissioning its fifth data center in Airoli, Mumbai, and launching a new facility in Mohali, enabling client migrations and enhancing capacity. Revenue from Software Technology Parks of India (STPI) operations grew sharply, fueled by increased consumption and renegotiated contracts that boosted recurring income streams.
IPO Plans and Growth Strategy
To accelerate future growth, ESDS has filed draft papers in March 2025 for an IPO worth Rs 600 crore. The proceeds will be utilized to expand cloud computing and data center infrastructure, capturing India’s growing digital transformation opportunities.
During the first half of FY 25, ESDS maintained strong momentum with Rs 172.15 crore in revenue and a healthy 14% net profit margin, showing sustained financial performance.
Innovation and R&D
ESDS continues to invest in innovation with over 50 R&D engineers working on proprietary, vertically auto-scalable cloud technology under the “Make in India” initiative. Its solutions now serve over 600 million users worldwide, spanning government, BFSI, manufacturing, and education sectors.
The company is also advancing AI-led initiatives, with 300 specialists driving the development of autonomous cloud platforms powered by machine learning and autoscaling technologies.
Sustainability Commitment
On the sustainability front, ESDS has pledged to transition to 100% renewable energy across offices and data centers. The company is also championing green initiatives like planting one billion trees and adopting energy-efficient cooling technologies.
Conclusion
ESDS Software Solution’s consolidated FY 2024-25 performance marks a strong transformation into a profitable growth company. With solid execution in financials, innovation, contracts, and sustainability, the company is positioned as a trusted cloud leader in India.
Its upcoming IPO, combined with a sharp rise in EPS to Rs 5.83 per share, presents a compelling opportunity for investors to participate in India’s expanding cloud infrastructure story, riding on the wave of rapid digitalization.