Verso Altima India secures contract with DTDC Express for SAP BRIM services

Verso Altima India Private Limited, a subsidiary of Adroit Infotech Limited, has secured a ₹1 crore contract from DTDC Express Limited for SAP BRIM services. The project, spanning one year, will involve functional and technical support for DTDC’s SAP Billing and Revenue Innovation Management (BRIM) system, ensuring seamless managed services both on-site and offshore.

The deal marks a significant milestone for Adroit Infotech Limited, a specialist in SAP consulting with nearly two decades of experience in enterprise resource planning (ERP) solutions. The company focuses on enhancing cost efficiency and process improvements for large enterprises and mid-market businesses through SAP implementations.

Strengthening DTDC Express’s Digital Capabilities with SAP BRIM

DTDC Express, a major player in India’s logistics and courier services sector, has been expanding its digital capabilities to streamline operations. By leveraging SAP BRIM services, the company aims to improve its billing processes, automate revenue recognition, and enhance overall operational efficiency.

Verso Altima India will provide comprehensive SAP BRIM services, including end-to-end support for DTDC Express’s digital billing and invoicing operations. The contract covers both functional and technical aspects of SAP BRIM implementation, ensuring real-time and accurate billing solutions.

Adroit Infotech’s Expanding Footprint in SAP Consulting

Adroit Infotech Limited has steadily built a reputation for delivering high-quality SAP consulting services across various industries. The company offers a full suite of SAP solutions, from initial consultation and process analysis to implementation, rollout, and ongoing support.

The firm’s expertise in SAP BRIM services positions it as a key partner for enterprises looking to enhance their subscription-based and usage-driven revenue models. As global businesses increasingly adopt SAP BRIM for streamlined billing operations, Adroit Infotech is well-placed to cater to this growing demand.

Stock Performance and Market Sentiment

Adroit Infotech Limited (NSE: ADROITINFO) is a publicly traded company, and its recent deal with DTDC Express could influence its market position. However, the company’s stock has been experiencing significant volatility. As of March 28, 2025, the stock closed at ₹11.04, reflecting a 4.50% decline from the previous close. The trading range for the day stood between ₹11.00 and ₹11.78, with a 52-week span of ₹11.00 to ₹30.40. Over the past three months, the stock has seen price fluctuations exceeding 75%, with a 100% variation over the past six months.

Adroit Infotech’s market capitalization currently stands at approximately ₹45 crore. The company’s price-to-earnings (P/E) ratio is 10.57, with an earnings per share (EPS) of ₹1.04. The book value per share is ₹13.09, while promoter holding has decreased by 2.14% in the last quarter to 36.9%. The company also reports high debtor days at 207, indicating potential challenges in receivables collection.

In terms of dividend history, Adroit Infotech has not declared dividends in recent years, with the last recorded payout of ₹0.50 per share dating back to 2017. These financial indicators suggest that while the company has growth potential, investors should monitor its financial health closely.

Verso Altima India’s Global Expertise in BRIM Solutions

With operations spanning over 20 countries across four continents, Verso Altima India has a strong global presence. The company operates in key markets, including the United Kingdom, Brazil, Croatia, Jamaica, Oman, Spain, Thailand, and the United States. Its team of over 150 professionals includes certified project managers, agile scrum masters, enterprise architects, business analysts, and data scientists. The company specializes in emerging technologies such as artificial intelligence (AI), Internet of Things (IoT), 5G, cloud computing, digital transformation, and quality assurance automation.

Rising Demand for SAP BRIM Services in the Subscription Economy

As industries move towards subscription and consumption-based models, SAP BRIM services have become essential for enterprises requiring fast, real-time, and accurate billing solutions. The logistics sector, in particular, relies heavily on robust billing frameworks to manage transactions efficiently. This contract between Verso Altima India and DTDC Express signals a growing reliance on digital billing solutions to improve operational agility. The expertise of Adroit Infotech in SAP solutions further strengthens its position as a trusted partner in enterprise resource planning.

Investment Outlook: Cautious Optimism Amid Volatility

While the recent contract win could boost Adroit Infotech’s revenue, the company’s stock remains volatile. Investors should closely monitor its upcoming financial disclosures to assess the material impact of this deal. Given its modest market capitalization and fluctuations in promoter holdings, analysts suggest a cautious approach, with a hold recommendation for existing investors and a watch for potential buyers.

With a deep understanding of SAP ecosystems and a proven track record in delivering SAP BRIM services, Adroit Infotech is poised for further growth in India’s digital transformation landscape.