Dear Shareholders,
It gives me immense pleasure to present to you the 20th
Annual Report for Fidel Softech Limited for the financial year 2024-25.
This year marked another milestone in our journey as we continued to
build on our core strengthsLanguage Engineering, Localization, and Technology
Servicesto deliver impactful and scalable solutions to clients globally. Our vision
to be a leading provider of multilingual technology solutions continues to gain traction
as the demand for digital inclusivity and local language experiences grows across sectors
and geographies.
We have made strategic progress on multiple fronts. The incorporation
of our wholly owned subsidiaiy, FidelSoft Inc., in Austin, USA, in September 2024 is a
significant step in our global expansion roadmap. This enables us to be closer to our
clients, strengthen our deliveiy capabilities, and tap into new opportunities in the North
American market.
Our financial performance reflects our consistent growth mindset and
operational discipline. We have continued to maintain healthy margins, increase cash
reserves, and improve key metrics such as earnings per share (EPS) and return on capital.
More importantly, our focus on sustainable growth and value creation remains unwavering.
We are investing in future-ready capabilitiesAl-enabled
localization, cross-border fintech platforms, and cloud-native solutionsto stay
relevant and competitive in a dynamic business environment. We are also strengthening
partnerships and internal talent development to scale responsibly and inclusively.
I take this opportunity to thank our employees, customers, partners,
investors, and board members for their trust and continued support. As we move ahead, we
remain committed to delivering innovation with integrity, and building a company that
delivers long-term value to all stakeholders.
Sunil Kulkarni |
Chairman & Executive Director |