Expleo Solutions (Earlier: SQS India BFSI) - A niche Small Cap Value Pick

Another good quarter for expleo solution. Management has delivered as per the guidance. If we exclude foreign exchange loss then the number would be similar to 4q of 2022. Great set of continuous addition of new clients deal. The Next triggered is the closure of merger.


Ardian seems to be looking for a buyer.


@Balki , sir any update on this news ?

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Dear Himshah

  1. Amalgamation is likely to be completed by December 2022.

  2. Very bright future prospects on digital play , Robotic process automation, security surveillance, Data analytics,IOT, all new age technologies.

  3. Expleo will do extremely well hereon

  4. it’s a potential multibagger & can yield 5 X returns in 5 years by 2027 , from current levels, if all goes well.

  5. IT sector is out of favour & will make a come back within coming 2 quarters, nonetheless, Expleo & Tata Elxsi will not be affected as far as profits are concerned during current scenario, when other IT firms are facing margin pressure