IT stock jumps 14% after securing digital transformation project for the Indian Navy

Synopsis: Silver Touch Technologies surged 14% after securing the Indian Navy’s IPADSV2 digital transformation project, strengthening its defence IT presence and long-term revenue visibility.

This company, which is a fast-growing IT, consulting, and business process services company focused on enabling digital transformation for enterprises and government institutions, leverages advanced technologies such as AI, cloud, analytics, hyper-automation, and robotics to deliver scalable and secure solutions. It had its shares in momentum today after being selected as the digital transformation partner for the Indian Navy. 

With the market cap of Rs 1,284 crore, the shares of Silver Touch Technologies Ltd had hit their intraday high at Rs 1025.15, gaining 14 per cent compared to their previous day’s closing price of Rs 902.55. The shares are trading at a PE of 49.6, whereas their industry PE is at 26.2.

About the Milestone. 

The award of Silver Touch Technologies as the Digital Transformation Partner of the Indian Navy in the IPADSV2 initiative is a major strategic milestone in the company’s journey. The involvement of Silver Touch in the defence and national security market, which is known to have projects of longer durations and higher barriers to entry and to be of a critical nature, is strengthened by this association. It is an indication of the company’s competence in developing a safe and large-scale digital space for the defence entities and the government.

Under the IPADSV2 project, Silver Touch Technologies will implement an end-to-end cloud-native and mobile-first digital platform for efficiency improvement, automation, and governance of naval facilities.

 It encompasses personnel management, asset management, approval management, MIS dashboards, system integrations, and management of access controls. The level of complexity involved in this project surely builds trust for execution and multi-year revenue visibility for this company.

As far as the business aspect is concerned, this particular win is very positive for the company because the nature of defence information technology contracts usually ensures stable cash flows with high client retention and referral business over the years.

This particular partnership of the company also positions it favourably with the government’s The Digital India and Atmanirbhar Bharat initiatives, which would certainly help it with any such tendering processes in the future. The mandate from the Indian Navy certainly positions it favourably with regard to mission-critical transformation assignments.

The revenue from operations for the company stands at Rs 85.52 crores in Q2 FY26 compared to Q2 FY25 revenue of Rs 74.85 crores, up by about 14 per cent YoY. Similarly, the net profit stood at Rs 7.46 crore in Q2 FY26, up from Rs 4.4 crore in Q2 FY25.

The partnering activities of Silver Touch Technologies embody the richness of the tech capabilities it possesses in cloud, enterprise software, automation, security, and infrastructure. Its partnerships with leading global players like Microsoft, SAP, Oracle, Salesforce, AWS, Azure, IBM, UiPath, Automation Anywhere, NVIDIA, Cisco, NetApp, Nutanix, Fortinet, Red Hat, Dell, Lenovo, HP, and Trend Micro make it a complete digital transformation solutions provider. With these partnerships, it can provide scalable, secure, and future-proof solutions, keeping it in sync with global technology developments.

Equally impressive is that the company has an extensive list of diverse clientele, ranging from critical government institutions to major business houses. Its list includes major defence and government establishments such as the Indian Army, Indian Navy, Ministry of External Affairs, Ministry of Culture, and Ministry of Social Justice, along with major business houses such as Sanofi, Bank of Baroda, HPCL, Power Grid, Oil India, NHPC, and Maharashtra Government Organisations. Such an amalgamation of diverse customers testifies to the authenticity that Silver Touch possesses when it comes to dealing with critical projects, large as well as extensive in nature.

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