> ## Content Index
> Fetch the complete content index at: https://www.moatmarginresearch.com/llms.txt
> Use this file to discover other available public pages before exploring further.

# Sagility Moat Analysis: Score & Risks
- URL: https://www.moatmarginresearch.com/sagility-moat/
- Published: 2026-08-16T16:28:40.000Z
- Updated: 2026-08-22T05:14:09.000Z
- Author: A K Karthikeyan
- Tags: First-pass note, Coverage

Moat Note · First-pass

## Sagility Ltd.

A first-pass moat teardown of Sagility Ltd., built from single-pass filing evidence. Free note — provisional, and the full two-pass deep dive may revise it.

**Moat & Margin**16 Aug 2026 First-pass · \~3 min

5.09 / 10

NARROWBrand-led

First-pass narrow read — primary edge in Cost Advantage. Provisional, single-pass evidence.

Provisional score · subject to modification based on new evidence

Sagility Ltd. scores **5.09** on MoatSCORE 6.0 — a narrow moat in IT Services. This is a **first-pass note**: the dimensional read and the filing receipts below come from a single GFIP evidence pass, not the full two-pass deep corpus behind our flagship deep dives. Provisional — published free while the deep version is queued.

The teardown 

## Seven dimensions of moat

Ordered by contribution. Each dimension carries a verified filing quote, graded **\[M\]** mechanism or **\[O\]** outcome.

D3Cost Advantage6

M · Mechanism✓ Verified verbatim

“94% of our headcount is in the offshore and nearshore geographies. And that's another reason why our margins are very healthy.”

**Sagility Ltd.** · Earnings Call · p.4

D5Intangible Assets5.5

M · Mechanism✓ Verified verbatim

“Sagility Agent Execution Framework - SAGE”

**Sagility Ltd.** · Investor Presentation · p.52

D2Switching Costs5.2

M · Mechanism✓ Verified verbatim

“we are the ones who can do it with very low transition cost and timelines because we understand their ecosystem, we understand their processes”

**Sagility Ltd.** · Earnings Call · p.8

D6Efficient Scale5.2

M · Mechanism✓ Verified verbatim

“These agent assist tools are designed to automatically retrieve relevant information from knowledge repositories, predict which tasks to prioritize and organize information to facilitate a seamless customer experience.”

**Sagility Ltd.** · Xbrl Text

D4Price Discretion5

M · Mechanism✓ Verified verbatim

“And therefore, they are willing to pay us our right share of revenue and margins. And none of these are linked to actual transactions or FTEs or something like this, because these are all outcomes.”

**Sagility Ltd.** · Earnings Call · p.25

D1Network Effects4.5

M · Mechanism✓ Verified verbatim

“Talent shortages, high industry attrition, and upskilling gaps could impact our operational efficiency and profitability”

**Sagility Ltd.** · FY2024-25 Annual Report · p.51

D7Counter-PositioningExcluded—

Excluded for this archetype.

D8Ungoverned RiskUnscored · Layer 2.5

D8 rating: **ADEQUATE**. Not part of the moat score — it governs the cost of equity and the fade window. First-pass; not yet deep-reviewed.

The barrier gate 

## The barrier gate — first-pass

Replication — can a rival copy it?6.0

How hard it is for a rival to copy the edge (first-pass estimate).

Bypass — can a rival route around it?5.0

How easily a rival can route around the edge (first-pass estimate).

Effective barrier 5 — below 6, so the band is capped narrow. First-pass estimate.

What would change our mind

1. **Deep two-pass review.** This draft rests on a single GFIP evidence pass; the full 10-year AR + concall corpus may move the read.
2. **The barrier gate.** A firmer replication or bypass estimate is the most likely thing to shift the band.
3. **Adverse events.** Any governance, regulatory or funding shock captured in D8 could re-rate the fade window.

First-pass note — provisional single-pass MoatSCORE 6.0 read, not the full deep dive. Educational research, not investment advice; no buy/sell recommendation, no price target. Moat & Margin is not a SEBI-registered Research Analyst or Investment Adviser.

**Where this note fits.** This company is one of **509 Indian companies** we have scored for moat durability — 370 narrow, 126 narrow-trending-wide, none wide. Every score, dimension by dimension, is free in the [Moat Screener](https://www.moatmarginresearch.com/moat-screener/).