MarketFriction

Allied Digital Services Ltd

NSE ADSL · BSE 532875 · IT Enabled Services
₹106.38 -1.98%
NSE close2026-10-01
52 week range86.27 - 204.65
Market cap₹625 Cr.
P/E16.1
Price band 20% Delivery 42.8%

Price

Drag to pan, scroll or pinch to zoom. Ruler (or Shift + drag) measures a move.Dashed lines: 52 week high and low. Prices adjusted for splits and bonuses.

Financials

Consolidated, Rs crore
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales170171177179203221204219234247268260
Expenses150150152160184196214200212221278238
Operating Profit212124191925-9192126-1023
OPM %12%12%14%11%9%11%-4.5%9%9%11%-3.8%9%
Other Income0101423837363
Interest112132223333
Depreciation4445551555555
Profit before tax16161914162011142121-1317
Tax %26%27%25%26%26%12%168%-2%25%35%-73%27%
Net Profit111214101218-8141514-312
EPS in Rs2.082.122.551.882.083.15-1.352.562.732.46-0.602.19
Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales2372152252403303584856606878079681,009
Expenses195174178201282313415572604744911949
Operating Profit424147394845708883635660
OPM %18%19%21%16%14%12%14%13%12%8%6%6%
Other Income52186426-411371919
Interest191651074345101213
Depreciation222123222222201716302020
Profit before tax6519152423742663614446
Tax %31%106%47%15%20%18%17%74%27%47%18%
Net Profit4-01012191961746323638
EPS in Rs0.83-0.071.992.463.833.7911.261.267.494.935.106.78
Dividend Payout %0%0%0%0%13%20%9%99%20%30%29%
10 Years5 Years3 YearsTTM1 YearLast Year
Compounded Sales Growth15%22%14%19%
Compounded Profit Growth21%9%-18%8%
Stock Price CAGR14%8%-6%-38%
Return on Equity5%7%6%5%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital232525252525252727282828
Reserves640417417399412431445504509551574585
Borrowings136112935864545443357595136
Other Liabilities3784251138132113116119124125227309
Total Liabilities8366387866206336236416936957789241,058
Fixed Assets308287310293278273265250265279270248
CWIP38380000000019
Investments587788896689
Other Assets486305468319347342367434424493645792
Total Assets8366387866206336236416936957789241,058
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity023263219314915476892-79
Cash from Investing Activity18245-11-12-6-12-3-125
Cash from Financing Activity1-35-31-24-32-20-3-8-11-10-1819
Net Cash Flow2-4-313-8-0341245461-54
Free Cash Flow-62626321915338356489-98
CFO/OP0%54%64%69%50%64%111%41%75%91%154%-92%
Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days487249513244299224167150888085121
Inventory Days107961101109367615039454031
Days Payable231182001956411311167344752101
Cash Conversion Cycle57122742315932817711813393777251
Working Capital Days4291171181252331991651731069894121
ROCE %2%4%4%5%4%6%5%9%13%10%11%7%
Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters52.39%52.26%52.19%52.09%51.71%51.33%51.19%51.19%51.15%51.07%51.07%51.03%
FIIs0.00%1.08%1.01%1.81%2.01%1.67%1.44%1.29%1.18%0.79%0.42%0.11%
DIIs0.00%0.01%0.00%0.00%0.00%0.00%0.11%0.00%0.00%0.00%0.00%0.00%
Public47.61%46.67%46.80%46.10%46.28%47.01%47.25%47.51%47.69%48.15%48.51%48.86%
No. of Shareholders40,56243,13357,38556,21269,20575,83876,74076,55679,82877,36575,47074,142

Fundamentals

Market Cap₹ 625 Cr.
Current Price₹ 110
Stock P/E16.1
Book Value₹ 109
ROCE7.39 %
ROE4.82 %
Dividend Yield1.36 %
Face Value₹ 5.00
Compounded Sales Growth (TTM)19%
Compounded Profit Growth (TTM)8%
Consolidated figures.
Valuation
Market capRs 601 Cr
Enterprise valueRs 588 Cr
P/E (TTM)15.69x
Price to book0.98x
Price to sales0.60x
EV / EBITDA7.43x
EV / EBIT9.92x
EV / sales0.58x
Earnings yield6.37%
Dividend yield1.41%
P/E, 3-year average24.64x
P/B, 3-year average1.30x
P/E, 5-year average28.85x
P/B, 5-year average1.17x
Profitability
Operating margin (excl. other income)5.84%
Operating margin (incl. other income)7.83%
EBITDA margin7.84%
Pre-tax margin4.59%
Net profit margin3.80%
Net margin, latest quarter4.76%
ROE4.74%
ROCE7.73%
ROA2.91%
ROE, 3-year average5.63%
ROCE, 3-year average9.76%
ROA, 3-year average3.93%
ROE, 5-year average6.07%
ROCE, 5-year average9.68%
ROA, 5-year average4.39%
ROIC (approx.)8.05%
Tax rate18.48%
Other income / net worth3.15%
Growth
Sales growth (latest year)19.93%
Profit growth (latest year)3.60%
Sales CAGR, 3 years13.61%
Sales CAGR, 5 years22.00%
Profit CAGR, 3 years60.87%
Profit CAGR, 5 years8.41%
Sales growth QoQ-2.72%
Sales growth YoY (latest quarter)18.93%
Profit growth YoY (latest quarter)-14.20%
Per share
EPS (TTM)Rs 6.78
EPS (latest year)Rs 5.10
EPS (latest quarter)Rs 2.19
EPS, 3-year averageRs 5.84
EPS, 5-year averageRs 6.01
Book value per shareRs 108.58
Sales per shareRs 178.61
Cash flow per shareRs -13.89
Free cash flow per shareRs -17.34
Dividend per share (latest year)Rs 1.50
Dividend per share, 3-year averageRs 1.50
Dividend per share, 5-year averageRs 1.35
Dividends
Dividend payout29.43%
Dividend payout, 3-year average26.63%
Dividend payout, 5-year average37.58%
Efficiency
Asset turnover0.91x
Fixed asset turnover3.90x
Inventory turnover12.48x
Inventory days29 days
Debtor days121 days
Debtors turnover3.02x
Creditor days101 days
Cash conversion cycle51 days
Working capital days121 days
Leverage
Total debtRs 136 Cr
Cash and bankRs 150 Cr
Net debtRs -14 Cr
Debt to equity0.22x
Net debt / EBITDA-0.17x
Interest coverage4.58x
Owners' fund to total sources57.99%
Debt to assets12.86%
Cash flow
Cash from Operating Activity (latest year)Rs -79 Cr
Cash from Investing Activity (latest year)Rs 5 Cr
Cash from Financing Activity (latest year)Rs 19 Cr
Net Cash Flow (latest year)Rs -54 Cr
Free cash flow (latest year)Rs -98 Cr
FCFE (approx.: FCF + change in debt)Rs -57 Cr
Cash from ops / profit, 5 years0.79x
Statement figures
Net sales (TTM)Rs 1,009 Cr
Net sales (latest year)Rs 968 Cr
Sales (latest quarter)Rs 260 Cr
Operating profit excl. other income (latest year)Rs 56 Cr
Operating profit (latest quarter)Rs 23 Cr
Other income (TTM)Rs 19 Cr
EBITDA (TTM)Rs 79 Cr
PBDT (TTM)Rs 66 Cr
Profit before tax (TTM)Rs 46 Cr
Tax (latest year)Rs 8 Cr
Net profit (TTM)Rs 38 Cr
Net profit (latest year)Rs 29 Cr
Net profit (latest quarter)Rs 12 Cr
Depreciation (TTM)Rs 20 Cr
Depreciation (latest quarter)Rs 5 Cr
Interest (TTM)Rs 13 Cr
Cost of goods sold (latest year)Rs 597 Cr
Total expenditure (latest year)Rs 911 Cr
Total income (latest year)Rs 987 Cr
Share capitalRs 28 Cr
ReservesRs 585 Cr
Shareholders' fundsRs 614 Cr
Total assetsRs 1,058 Cr
Net blockRs 248 Cr
Capital work in progressRs 9 Cr
InvestmentsRs 9 Cr
ReceivablesRs 320 Cr
InventoryRs 48 Cr
Other liabilitiesRs 309 Cr
Shares outstanding (crore)5.65
Ownership
Promoter holding51.03% (-0.16 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 15.7 is at the 49th percentile of its own 8.4-year range (median 16.0, low 5.0, high 148.8).
P/B 0.98 is at the 51th percentile (median 0.97).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
PeriodADSLNifty 50Difference
1 week+10.5%-2.8% +13.3 pts
1 month+2.3%-6.8% +9.1 pts
3 months-14.6%-7.6% -7.0 pts
6 months+22.0%+0.4% +21.6 pts
1 year-42.3%-9.9% -32.4 pts
2 years-63.0%-13.6% -49.5 pts
3 years-19.4%+14.2% -33.6 pts
5 years+40.4%+27.9% +12.5 pts

Red flags

F-score 3 of 8
explainHigh accruals Profit exceeded operating cash by 10% of total assets in 2026
explainReceivables outrunning sales Receivables grew 71% vs sales +20% in 2026
lookProfit leans on other income Other income was 44% of pre-tax profit in 2026
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.

Latest quarter

Jun 2026
Sales ₹260 Cr +18.7% vs Jun 2025. Net profit ₹12 Cr -14.3%.
Against our estimate for Jun 2026: sales -2.3%, profit -25.3% in line. Our estimate for Sep 2026: sales Rs 293 Cr, profit Rs 15 Cr (how).

Activity

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DateClientSideQtyPrice
2026-09-28Alphagrep Securities Private LimitedSELL351,563121.21
2026-09-28Alphagrep Securities Private LimitedBUY351,704121.20
Ex-dateActionFactor
2026-08-28Dividend - Rs 1.50 Per Share
2025-09-04Dividend - Rs 1.50 Per Share
2024-08-02Dividend - Rs 1.50 Per Share
2024-08-02Annual General Meeting
2023-08-10Annual General Meeting/Dividend - Rs 1.25 Per Share
2022-07-20Annual General Meeting/Dividend - Re 1 Per Share
2021-09-03 Dividend - Rs 0.75 Per Share
2021-09-03 Annual General Meeting
2020-08-27 Annual General Meeting/Dividend - Rs 0.50 Per Share
2019-08-29 Annual General Meeting
2018-08-24 Annual General Meeting
2017-09-11 Annual General Meeting
2016-09-15 Annual General Meeting
2015-09-15 Annual General Meeting
2014-09-17Annual General Meeting
2013-09-17Annual General Meeting
2012-09-18Annual General Meeting And Dividend Re.0.25 Per Share
2011-09-20Annual General Meeting And Dividend Re.0.50 Per Share
2010-09-20Annual General Meeting And Dividend Re.1/- Per Share
2009-11-11Fv Split Rs.10/- To Rs.5/0.5000
2009-09-08Agm/Div-Rs.2/- Per Share
2008-09-08Annual General Meeting
DateTypeWhat it says
2026-09-28Granting/withdrawal/surrendeCancellation of the Employee Stock Options granted under ADSL - Employee Stock Option Plan 2020
2026-09-23Concall / analyst meetSchedule of meet and Presentation
2026-09-10General UpdatesThe General Updates
2026-09-07ResignationResignation of Mr. Raghuvir Kamat, Assistant Vice President- Projects, designated as Senior Management Personnel of the company w.e.f. September 07, ...
2026-09-07ResignationResignation of Director/KMP/SMP
2026-09-01Shareholder meetingVoting results.
2026-09-01Shareholder meetingProceedings of Annual General Meeting held on September 01, 2026
2026-08-24Record DateRecord date for the purpose of Dividend is 28-Aug-2026.
2026-08-13Concall / analyst meetTranscripts of Earnings Conference Call held on Friday, August 07, 2026, in respect of the financial results for the quarter ended June 30, 2026
2026-08-08General UpdatesCompany has sent a letter providing weblink of the Annual Report for FY 2025 - 26 to those members who have not registered their e-mail addresses with...
2026-08-08Shareholder meetingNotice of 32nd Annual General Meeting to be held on Tuesday, September 01, 2026
2026-08-07Concall / analyst meetLink of Recording
2026-08-06UpdatesThe Annual General Meeting of the Company scheduled to be held on Tuesday September 01 2026 at 3 p.m.
2026-08-06Investor PresentationInvestor Presentation
2026-08-06Press ReleaseA press release dated August 06, 2026, titled "Press Release for the Quarter ended June 30, 2026".
2026-08-06Record DateRecord date for the purpose of Dividend is 28-Aug-2026.
2026-08-06Board meeting outcomeAllied Digital Services Limited has submitted to the Exchange, the financial results for the quarter ended Jun 30, 2026.
2026-08-06AllotmentThe Nomination and Remuneration Committee of the Board of Directors, through a Circular Resolution passed on August 06, 2026, has approved the allotme...
2026-08-03Concall / analyst meetSchedule of Investor meet for discussion on the unaudited Financial Results of the Company, its operational and financial performance for the quarter ...
2026-07-31RetirementMr. Adil Keki Wadia, Country Manager - Technology Support has retired from the Company and ceased to be a Senior Management Personnel of the Company w...
2026-07-15AllotmentAllotment of 76800 securities pursuant to ESOP/ESPS at its meeting held on July 15, 2026
2026-07-03Press ReleaseA press release dated July 03, 2026, titled "as per attachment".
2026-07-02CessationCessation of Paresh Shah as Chief Executive Officer of the company w.e.f. Jun 30, 2026.
2026-06-18Director changeChange in Director(s) of the company.
2026-06-18Press ReleaseA press release dated Jun 18, 2026, titled "As per attachment".
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.

Quick answers

What is the market cap of Allied Digital Services Ltd?

Allied Digital Services Ltd (ADSL) has a market capitalisation of Rs 625 Cr. at the 2026-10-01 close.

What is the P/E ratio of Allied Digital Services Ltd?

Allied Digital Services Ltd trades at a P/E of 16.1 on trailing twelve-month profit, at the 2026-10-01 close.

What were Allied Digital Services Ltd's latest quarterly results?

In the Jun 2026 quarter, Allied Digital Services Ltd sales was Rs 260 Cr (+18.7% vs Jun 2025) and net profit was Rs 12 Cr.

What is the 52-week high and low of Allied Digital Services Ltd?

The 52-week high is Rs 204.65 and the 52-week low is Rs 86.27.

Data: NSE and BSE daily reports, company filings. Numbers only, not investment advice, not a SEBI-registered research service.AboutMethodologyFAQResearchContactTermsPrivacyDisclaimerUpdated 2026-10-03