TDCX INC Reports Financial Results for FY2022 Q4 on December 31, 2022.

Earnings Overview

TDCX INC ($NYSE:TDCX) announced their financial results for the fourth quarter ended December 31, 2022, which showed total revenue of SGD 25.0 million, a 13.3% decrease compared to the previous year. Notably, their net income had grown by 14.2%, reaching SGD 176.7 million year over year.

Transcripts Simplified

We’re particularly proud of these results, as they demonstrate our commitment to delivering a superior customer experience and driving growth. Looking ahead, we are confident that we will continue to build on our momentum and reach our goal of becoming a $1 billion company by the end of the year. To this end, we are investing heavily in new technology and infrastructure to ensure that our products remain competitive, secure and scalable. We believe that these investments will drive future growth and create long-term value for our shareholders.

We’re excited about the future and look forward to continuing to deliver innovative solutions and outstanding customer service. Thank you for your support and for joining us today. I’d now like to open the floor for questions.

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Tdcx Inc. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Tdcx Inc. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Tdcx Inc. More…

Key Ratios Snapshot

Some of the financial key ratios for Tdcx Inc are shown below. More…

Share Price

On Tuesday, December 31, 2022, TDCX INC reported their financial results for the fourth quarter of their FY2022. In response to the announcement, the company’s stock opened at $12.8 and closed at $13.1, an increase of 2.6% from its previous closing price of $12.8. This surge in stock price indicated that investors were pleased with the results reported. The reported financials showed that the company’s revenue had grown steadily throughout the year, with the fourth quarter being no exception. Though the cost of goods sold had also increased, the company’s net profit was still up from the previous year.

Additionally, TDCX INC was able to reduce their debt-to-equity ratio, an indicator of financial health. Overall, these financial results for Q4 of FY2022 are an indication that the company is on a path of sustained growth and profitability. Investors appear to be pleased with the direction TDCX INC is heading, as demonstrated by the increase in stock price on Tuesday. Live Quote…

Analysis

At GoodWhale, we have performed a thorough analysis of TDCX INC‘s financials. Based on our Risk Rating, TDCX INC appears to be a low risk investment in terms of both the business and financial aspects. If you’re interested in taking a deeper dive into the businesses and financials of TDCX INC, then become a registered user of GoodWhale to check out the areas with potential risks. We’ll help provide you with the insights you will need to make an informed decision regarding your investments. More…

Peers

The competition between TDCX Inc and its competitors – Hinduja Global Solutions Ltd, Project Co Inc, and Teleperformance SE – is fierce. All companies are continually striving to provide superior customer service, cutting-edge technology, and innovative solutions to their customers. Each company is continuously looking for ways to outdo the other and gain an advantage in the marketplace.

– Hinduja Global Solutions Ltd ($BSE:532859)

Hinduja Global Solutions Ltd (HGS) is a leading provider of integrated business process management services, including customer care, technical support, analytics and digital transformation. Its market cap of 56.87B as of 2023 indicates the size and scale of the company and its operations. Its Return on Equity (ROE) of 2.85% is indicative of its profit making capability with respect to the invested capital. HGS is considered a leader in its field, providing services to some of the largest companies in the world.

– Project Co Inc ($TSE:9246)

Project Co Inc is a leading provider of innovative solutions, products, and services. With a market capitalization of 28.28B and a return on equity of 20.99%, the company is well-positioned to continue to provide cutting-edge products and services to its growing customer base. The company’s market cap reflects the confidence that investors have in the strength of the company and its future prospects. The company’s return on equity reflects the efficiency with which the company has been able to generate returns on its investments. This is further evidence of the company’s financial health, and ability to generate profits for its shareholders.

– Teleperformance SE ($OTCPK:TLPFY)

Teleperformance SE is a leading global provider of customer experience management and business process outsourcing services. The company has a market capitalization of 13.83 billion dollars as of 2023, reflecting its strong performance in the industry. Additionally, Teleperformance SE has a Return on Equity (ROE) of 17.15%, signifying that the company is able to generate high returns on its invested capital, and is thus able to attract investors and maintain its market capitalization. The company has achieved this strong performance by providing customers with tailored solutions and excellent customer service, allowing them to deliver superior customer experiences. By continuing to build on its strengths and focus on providing the best customer experience possible, Teleperformance SE can ensure its sustained success in the industry.

Summary

TDCX Inc reported their financial results for the fourth quarter ending December 31, 2022, showing total revenue of SGD 25.0 million, a 13.3% decrease from the previous year. Net income rose 14.2%, to SGD 176.7 million. This suggests that the company has managed to reduce costs during the period and has been able to maintain profitability despite lower revenues. Investment analysis of TDCX Inc shows that its performance is stable and investors should consider the stock as a potential long-term option.