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Key Financials Snapshot

TTM · Consolidated · ₹ in Cr
Market Cap
₹662 Cr.
Stock P/E
20.6
P/B
1.1
Current Price
₹117.1
Book Value
₹ 108.5
Face Value
5
52W High
₹209.1
52W Low
₹ 86.5
Dividend Yield
1.28%

Allied Digital Serv. Overview

Business

Allied Digital Services Ltd. is an India-based IT infrastructure and digital transformation solutions provider. The company offers a range of IT services including IT infrastructure management, cybersecurity, cloud services, enterprise applications, and digital transformation consulting. Its core business model revolves around providing end-to-end IT services to enterprises and government organizations, helping them manage their IT environments, modernize their infrastructure, and adopt new digital technologies. Revenue is primarily generated through project-based engagements, managed services contracts, and recurring revenue models for infrastructure and security services.

Revenue Mix

While specific revenue contribution percentages are not consistently published without detailed financial reports, ADSL's primary service offerings can be broadly categorized as:

IT Infrastructure Services: Includes data center management, network services, end-user computing, and managed services.

Cybersecurity Services: Offering solutions for threat detection, prevention, and compliance.

Cloud Services: Assisting clients with cloud migration, management, and optimization across various platforms.

Digital Transformation: Consulting and implementation services for areas like analytics, IoT, and enterprise mobility.

Enterprise Applications: Implementation and support for various business applications.

The company typically serves clients across various sectors including BFSI, manufacturing, government, and retail.

Industry

The Indian IT services industry is highly competitive, characterized by a mix of large global players (e.g., TCS, Infosys, Wipro), mid-sized companies, and niche specialists. ADSL operates as a mid-tier IT service provider, focusing on delivering specialized IT infrastructure and digital transformation services. It competes by offering customized solutions, leveraging its expertise in specific technologies, and often targeting enterprises and government bodies that may seek more personalized attention than what larger players might offer. Its positioning lies in providing integrated technology solutions rather than pure staffing or generic outsourcing.

MOAT

ADSL's competitive advantages are relatively modest, common for mid-tier IT service providers. Potential areas include:

Client Relationships: Long-standing relationships with specific enterprise and government clients can create sticky revenue.

Integrated Offerings: Ability to provide end-to-end solutions across IT infrastructure, cybersecurity, and cloud can be attractive to clients seeking single-vendor convenience.

Domain Expertise: Niche expertise in specific industry verticals or technologies can differentiate it from generalists.

However, the IT services industry generally has low switching costs for many services and intense price competition, making strong moats difficult to build and sustain without significant scale or proprietary technology.

Growth Drivers

Digital Transformation Spend: Continued global enterprise investment in digital initiatives (cloud, AI, IoT, automation) drives demand for ADSL's services.

Cybersecurity Demand: Increasing sophistication of cyber threats and regulatory mandates boost demand for robust security solutions.

Cloud Adoption & Hybrid IT: Enterprises continue to migrate to cloud environments and manage complex hybrid IT infrastructures, requiring specialized support.

IT Infrastructure Modernization: The need for organizations to update legacy IT systems and infrastructure to improve efficiency and agility.

Geographic Expansion: Potential to expand its client base in existing or new international markets.

Risks

Intense Competition: Highly fragmented and competitive IT services market, leading to pressure on pricing and margins.

Talent Attrition & Shortage: Difficulty in attracting and retaining skilled IT professionals, particularly in high-demand areas like cloud and cybersecurity.

Technological Obsolescence: Need for continuous investment in new technologies and skill development to remain relevant.

Global Economic Slowdown: Reduced IT spending by clients during economic downturns.

Currency Fluctuations: Exposure to foreign exchange rate volatility given international client base.

Client Concentration: Potential over-reliance on a few large clients for a significant portion of revenue.

Data Security Breaches: Reputational and financial risks associated with security incidents for itself or its clients.

Management & Ownership

Allied Digital Services Ltd. is an Indian public listed company. It is typically promoter-driven, a common structure among Indian enterprises. The management team focuses on navigating the competitive IT landscape, expanding service offerings, and securing new client engagements. Information regarding specific promoter names or management quality assessments would require a deeper dive into recent annual reports and corporate governance disclosures. The ownership structure generally includes promoters, institutional investors, and public shareholders.

Outlook

Allied Digital Services Ltd. operates in a growing but highly competitive IT services market, driven by secular trends like digital transformation, cloud adoption, and cybersecurity. The company has opportunities to grow by expanding its service offerings, deepening client relationships, and leveraging its expertise in infrastructure management and digital solutions. However, it faces significant challenges from larger, more established players and niche specialists. Sustained growth will depend on its ability to continuously innovate, attract and retain top talent, manage costs effectively, and adapt to evolving client demands amidst intense pricing pressures. The need for ongoing investment in new technologies and skill development will be crucial for its future performance.

Allied Digital Serv. Share Price

Live · BSE / NSE · Inception: 1995
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Volume
Price

Key Financials — Profit & Loss

₹ in Cr · Consolidated · annual

Allied Digital Serv. Quarterly Results

#(Fig in Cr.) Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Net Sales 171 177 179 203 221 204 219 234 247 268
Other Income 1 0 1 4 2 38 3 7 5 6
Total Income 172 177 180 207 223 242 222 241 252 274
Total Expenditure 150 152 160 184 196 214 200 212 221 278
Operating Profit 21 24 20 23 27 28 22 28 31 -4
Interest 1 2 1 3 2 2 2 3 3 3
Depreciation 4 4 5 5 5 15 5 5 5 5
Exceptional Income / Expenses 0 0 0 0 0 0 0 0 -1 0
Profit Before Tax 16 19 14 16 20 11 14 21 21 -13
Provision for Tax 4 5 4 4 2 18 -0 5 8 -9
Profit After Tax 12 14 10 12 18 -7 14 15 14 -3
Adjustments 0 0 0 -1 0 -0 0 -2 0 -0
Profit After Adjustments 12 14 10 10 18 -8 14 14 14 -3
Adjusted Earnings Per Share 2.1 2.5 1.9 1.8 3.2 -1.4 2.6 2.4 2.5 -0.6

Allied Digital Serv. Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 234 237 215 225 240 330 358 485 660 687 807 968
Other Income 11 8 2 4 4 6 4 3 6 1 45 21
Total Income 245 245 218 229 244 336 362 487 666 688 852 989
Total Expenditure 200 198 175 178 201 282 313 415 572 604 752 911
Operating Profit 45 47 43 51 43 53 49 73 94 85 100 77
Interest 16 19 16 5 10 7 4 3 4 5 10 11
Depreciation 28 22 21 23 22 22 22 20 17 16 30 20
Exceptional Income / Expenses 0 0 0 -3 4 0 0 24 0 0 0 -1
Profit Before Tax 1 6 5 19 15 24 24 74 73 63 61 43
Provision for Tax 2 2 6 9 2 5 4 13 19 17 29 4
Profit After Tax -0 4 -0 10 12 19 19 61 54 46 32 40
Adjustments 0 -1 -0 1 -0 0 -2 -11 -47 0 0 -2
Profit After Adjustments -0 3 -1 11 12 19 17 50 7 46 32 39
Adjusted Earnings Per Share -0 0.7 -0.2 2.2 2.5 3.8 3.3 9.3 1.3 8.3 5.7 6.9

Allied Digital Serv. Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 663 442 442 424 437 456 471 531 536 579 602
Minority's Interest 5 6 7 8 9 12 14 25 35 40 45
Borrowings 26 20 10 5 13 6 5 5 19 12 24
Other Non-Current Liabilities 10 11 18 24 26 27 26 27 12 22 44
Total Current Liabilities 132 159 309 159 149 122 126 105 93 125 210
Total Liabilities 836 638 786 620 633 623 641 693 695 778 924
Fixed Assets 308 287 226 211 196 192 175 171 186 202 195
Other Non-Current Assets 98 97 165 143 115 105 120 129 125 129 94
Total Current Assets 430 254 395 266 323 326 346 393 384 448 635
Total Assets 836 638 786 620 633 623 641 693 695 778 924

Allied Digital Serv. Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 21 23 19 16 29 24 24 58 59 83 127
Cash Flow from Operating Activities 0 23 26 32 19 31 49 15 49 68 92
Cash Flow from Investing Activities 1 8 2 4 5 -11 -12 -6 -12 -3 -12
Cash Flow from Financing Activities 1 -35 -31 -24 -32 -20 -3 -8 -13 -10 -18
Net Cash Inflow / Outflow 2 -4 -3 13 -8 -0 34 1 24 54 61
Closing Cash & Cash Equivalent 23 19 16 29 22 24 58 59 83 138 188

Allied Digital Serv. Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) -0 0.68 -0.15 2.17 2.45 3.83 3.34 9.32 1.26 8.29 5.7
CEPS(Rs) 5.93 5.16 4.21 6.61 6.77 8.25 8.04 15 12.9 11.25 10.95
DPS(Rs) 0 0 0 0 0 0.5 0.75 1 1.25 1.5 1.5
Book NAV/Share(Rs) 143.17 86.59 86.61 82.98 85.65 90.91 92.5 96.8 95.81 102.71 104.77
Core EBITDA Margin(%) 14.59 16.49 18.75 20.8 16.11 14.44 12.47 14.45 13.38 12.13 6.88
EBIT Margin(%) 7.46 10.59 9.86 10.89 10.27 9.4 7.59 15.71 11.66 9.92 8.71
Pre Tax Margin(%) 0.57 2.54 2.53 8.46 6.06 7.28 6.56 15.17 11.05 9.17 7.51
PAT Margin (%) -0.13 1.76 -0.14 4.45 5.16 5.82 5.37 12.59 8.14 6.67 3.98
Cash Profit Margin (%) 11.72 10.93 9.81 14.74 14.18 12.55 11.39 16.77 10.71 9.05 7.65
ROA(%) -0.04 0.57 -0.04 1.42 1.97 3.06 3.04 9.15 7.74 6.22 3.77
ROE(%) -0.05 0.76 -0.07 2.35 2.92 4.34 4.16 12.28 10.24 8.38 5.54
ROCE(%) 2.21 3.71 3.9 4.82 5.01 6.14 5.25 13.86 13.26 11.13 10.72
Receivable days 450.63 364.7 393.36 367.33 264 220.56 186.91 136.66 99.05 82.19 76.3
Inventory Days 60.2 55.69 57.35 54.06 51.15 38.24 35.63 27.42 22.33 24.13 21.98
Payable days 25.93 70.73 169.01 198.22 112.15 79.04 107.36 75.45 39.92 39.42 45.08
PER(x) 0 59.28 0 9.17 5.62 3.31 13 12.27 60.35 16.78 33.14
Price/Book(x) 0.14 0.46 0.33 0.24 0.16 0.14 0.47 1.18 0.79 1.35 1.8
Dividend Yield(%) 0 0 0 0 0 3.94 1.73 0.87 1.64 1.08 0.79
EV/Net Sales(x) 0.87 1.24 1.03 0.57 0.47 0.28 0.6 1.24 0.58 1.01 1.14
EV/Core EBITDA(x) 4.51 6.29 5.21 2.53 2.62 1.76 4.44 8.3 4.1 8.17 9.21
Net Sales Growth(%) -11.99 1.41 -9.18 4.46 6.59 37.71 8.46 35.36 36.19 4.09 17.47
EBIT Growth(%) -18.18 43.88 -15.42 15.4 0.49 26.04 -12.38 179.99 1.13 -11.44 3.15
PAT Growth(%) -103.35 1443.86 -107.19 3433.33 23.7 55.38 0.05 217.26 -11.92 -14.7 -29.95
EPS Growth(%) -100.05 0 -122.65 1514.27 12.95 56.42 -12.82 178.81 -86.45 556.89 -31.29
Debt/Equity(x) 0.21 0.26 0.21 0.14 0.15 0.12 0.12 0.08 0.1 0.11 0.12
Current Ratio(x) 3.25 1.6 1.28 1.67 2.17 2.66 2.75 3.74 4.13 3.59 3.02
Quick Ratio(x) 2.96 1.38 1.17 1.5 1.94 2.38 2.47 3.38 3.67 3.2 2.78
Interest Cover(x) 1.08 1.32 1.35 4.48 2.44 4.44 7.37 29.06 19.15 13.09 7.24
Total Debt/Mcap(x) 1.51 0.56 0.64 0.58 0.93 0.84 0.25 0.07 0.12 0.08 0.07

Growth Rates

Compounded annual
# 1 Year 3 Year 5 Year 10 Year
Sales CAGR +17% +18% +20% +13%
Operating Profit CAGR +18% +11% +14% +8%
PAT CAGR -30% -19% +11%
Share Price CAGR -39% +11% +14% +14%
ROE Average +6% +8% +8% +5%
ROCE Average +11% +12% +11% +7%

Allied Digital Serv. Shareholding Pattern

Latest · Mar 2026
100% held
Promoters 51.07 %
FII 0.42 %
DII (MF + Insurance) 0 %
Public (retail) 48.93 %
# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 52.2652.252.0951.751.3351.1951.1951.1551.0751.07
FII 1.081.011.812.011.671.441.291.170.80.42
DII 0.0100000.110000
Public 47.7447.847.9148.348.6748.8148.8148.8548.9348.93
Others 0000000000
Total 100100100100100100100100100100

Allied Digital Serv. Peer Comparison

IT - Software Edit Columns

Allied Digital Serv. Quarterly Price

10-year quarterly close · BSE
Show Value Show %

News & Updates

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Allied Digital Serv. Pros & Cons

Pros

  • Company is almost debt free.

Cons

  • Company has a low return on equity of 8% over the last 3 years.
  • Debtor days have increased from 39.42 to 45.08days.
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