Allied Digital Serv. Ltd
NSE: ADSL · IT Enabled Services · sector
₹96.90NSE close 2026-10-26
Key numbers
Market cap₹548 cr
Price₹96.90
52w high / low₹187 / ₹86
P/E15.2xSector median 20.1x
P/B0.9xSector median 1.6x
Book value₹108.5
Dividend yield1.55%Sector median 0.70%
ROE5.4%Sector median 8.4%
ROCE8.1%Sector median 11.3%
OPM5.8%Sector median 9.6%
Debt / equity0.19xSector median 0.03x
EV/EBITDA8.7xSector median 10.8x
Interest cover4.6x
Current ratio2.52x
Sales growth 3y+13.6%Sector median +11.0%
Profit growth 3y+584.1%Sector median +16.6%
PEG0.22x
Last 12 months to Jun 2026, Consolidated. "Sector median" = middle value of 91 companies in IT Enabled Services (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹152 cr vs borrowings ₹117 cr (FY26): cash is higher (net cash).
- Borrowings rose in each of the last 3 years (₹35 cr → ₹117 cr).
- Operating profit covered interest 4.6x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 2 of the last 5 years (FY26, FY22).
- Net loss in 2 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 62% of net profit in the last 12 months.
- Debtor days went from 80 (FY24) to 121 (FY26).
- Dividend paid in 5 of the last 5 financial years.
- Price ₹96.90 on 2026-10-26: -48.1% from the 52-week high, +12.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹289.10 · low ₹95.97
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 203 | 221 | 204 | 219 | 234 | 247 | 268 | 260 |
| EBITDA | 19 | 25 | -9 | 19 | 21 | 25 | -10 | 23 |
| OPM % | 9.5% | 11.4% | -4.6% | 8.6% | 9.1% | 10.0% | -3.8% | 8.7% |
| Other income | 4 | 2 | 38 | 3 | 7 | 5 | 6 | 3 |
| Net profit | 10 | 17 | -9 | 13 | 15 | 12 | -5 | 11 |
| EPS (₹) | 1.83 | 2.97 | -1.42 | 2.34 | 2.58 | 2.20 | -0.60 | 2.19 |
| Revenue YoY | +15.1% | +12.2% | +31.0% | +18.9% | ||||
| Profit YoY | +42.6% | -25.7% | – | -13.3% |
Consolidated figures where filed. Latest quarter Jun 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 485 | 660 | 687 | 807 | 968 | 1,009 |
| EBITDA | 94 | 88 | 83 | 54 | 55 | 59 |
| Net profit | 52 | 0 | 39 | 27 | 29 | 33 |
| EPS (₹) | 11.66 | 1.26 | 8.29 | 4.98 | 6.30 | 6.37 |
| Revenue growth | +36.2% | +4.1% | +17.5% | +19.9% | +19.2% | |
| Profit growth | -99.8% | +43,000.0% | -31.1% | +7.9% | +4.8% | |
| Dividend / share (₹) | 0.75 | 1.00 | 1.25 | 1.50 | 1.50 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | +13.6% | +58.7% | +19.2% |
| Net profit | +584.1% | +29.9% | +4.8% |
| EPS | +71.0% | +32.4% | – |
| Share price | – | -42.2% (2y) | -45.8% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 536 | 579 | 602 | 614 |
| Borrowings | – | 35 | 60 | 72 | 117 |
| Cash & equivalents | – | 83 | 138 | 216 | 152 |
| Total assets | – | 695 | 778 | 925 | 1,058 |
| Fixed assets | – | 62 | 60 | 44 | 37 |
| Capital work in progress | – | 0 | 0 | – | – |
| Investments | – | 6 | 6 | 6 | 0 |
| Receivables | – | 160 | 150 | 188 | 320 |
| Inventory | – | 43 | 48 | 49 | 48 |
| Payables | – | 37 | 51 | 64 | 154 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 15 | 47 | 68 | 92 | -79 |
| Cash from investing | -6 | -12 | -3 | -12 | 5 |
| Cash from financing | -8 | -11 | -10 | -18 | 19 |
| Capex | 7 | 13 | 3 | 12 | 19 |
| Free cash flow | 8 | 34 | 64 | 80 | -98 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 0.0% | 6.7% | 4.4% | 4.7% |
| ROCE % | – | 13.5% | 10.7% | 10.2% | 7.6% |
| Debtor days | – | 88 | 80 | 85 | 121 |
| Inventory days | – | 39 | 43 | 38 | 30 |
| Payable days | – | 34 | 45 | 50 | 96 |
| Cash conversion cycle (days) | – | 93 | 78 | 73 | 55 |
| Working capital days | – | 152 | 172 | 192 | 178 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 50.95% |
| FIIs | 0.11% |
| DIIs | 0.00% |
| of which Mutual funds | 0.00% |
| of which Insurance | 0.00% |
| Government | 0.00% |
| Public (non-institutions) | 48.94% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 51.33% | 51.19% | 51.19% | 51.15% | 51.07% | 51.07% | 51.02% | 50.95% |
| Promoter group | % |
|---|---|
| Nitin Dhanji Shah | 33.16% |
| Tejal Prakash Shah | 16.11% |
| Rohan Prakash Shah | 0.73% |
| Prakash Dhanjibhai Shah acting as a beneficiary and family trustee of Padma Pragna Private Trust | 0.39% |
| Vivil Investments Private Limited | 0.33% |
| Nehal Nitin Shah | 0.20% |
| Abhirati Properties Private Limited | 0.03% |
| Dhara N Shah | 0.00% |
| Ramesh Manilal Shah | 0.00% |
| Public holders above 1% | % |
|---|---|
| Collab9, Llc | 2.63% |
72,185 shareholders. Pledged: 0.00% of promoter shares.
Peers in IT Enabled Services
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| LTTS | ₹42,777 cr | 27.8x | 6.0x | 23.2% | 26.8% | 17.8% | +11.1% | 1.39% |
| IKS | ₹28,359 cr | 36.4x | 10.1x | 33.3% | 30.2% | 34.3% | – | – |
| TATATECH | ₹27,242 cr | 48.4x | 7.1x | 15.2% | 18.1% | 13.9% | – | 1.75% |
| NETWEB | ₹24,404 cr | 93.4x | 33.7x | 41.6% | 37.4% | 13.3% | – | 0.05% |
| SAGILITY | ₹20,823 cr | 21.0x | 2.1x | 11.0% | 13.1% | 23.6% | – | 0.11% |
| AFFLE | ₹18,518 cr | 38.7x | 5.1x | 14.5% | 16.1% | 22.5% | +23.6% | – |
| BBOX | ₹14,137 cr | 60.6x | 11.0x | 22.1% | 20.2% | 8.2% | +0.2% | 0.12% |
| CYIENT | ₹13,821 cr | 36.3x | 2.4x | 6.9% | 11.6% | 11.2% | +6.5% | 2.38% |
| ESDS | ₹12,988 cr | – | – | – | – | – | – | – |
| ADSL | ₹548 cr | 15.2x | 0.9x | 5.4% | 8.1% | 5.8% | +13.6% | 1.55% |
Business segments (FY26)
| Segment | Revenue | Share | EBIT | Margin |
|---|---|---|---|---|
| Services | ₹756 cr | 76.5% | ₹249 cr | 33.0% |
| Solutions | ₹212 cr | 21.4% | ₹32 cr | 15.0% |
| Unallocated | ₹20 cr | 2.1% | ₹0 cr | 0.0% |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-08-28 | Dividend | Dividend - Rs 1.50 Per Share |
| 2025-09-04 | Dividend | Dividend - Rs 1.50 Per Share |
| 2024-08-02 | Dividend | Dividend - Rs 1.50 Per Share |
| 2024-08-02 | Other | Annual General Meeting |
| 2023-08-10 | Dividend | Annual General Meeting/Dividend - Rs 1.25 Per Share |
| 2022-07-20 | Dividend | Annual General Meeting/Dividend - Re 1 Per Share |
| 2021-09-03 | Dividend | Dividend - Rs 0.75 Per Share |
| 2021-09-03 | Other | Annual General Meeting |
| 2020-08-27 | Dividend | Annual General Meeting/Dividend - Rs 0.50 Per Share |
| 2019-08-29 | Other | Annual General Meeting |
| 2018-08-24 | Other | Annual General Meeting |
| 2017-09-11 | Other | Annual General Meeting |
| 2016-09-15 | Other | Annual General Meeting |
| 2015-09-15 | Other | Annual General Meeting |
| 2014-09-17 | Other | Annual General Meeting |
| 2013-09-17 | Other | Annual General Meeting |
| 2012-09-18 | Dividend | Annual General Meeting And Dividend Re.0.25 Per Share |
| 2011-09-20 | Dividend | Annual General Meeting And Dividend Re.0.50 Per Share |
| 2010-09-20 | Dividend | Annual General Meeting And Dividend Re.1/- Per Share |
| 2009-11-11 | Split | Fv Split Rs.10/- To Rs.5/ |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
| Sector | Information Technology |
| Industry | IT Enabled Services |
| Sub-industry | IT Enabled Services |
| Symbol | ADSL |
| BSE code | 532875 |
| ISIN | INE102I01027 |
| Face value | ₹5.0 |
| Incorporated | – |
| Website | – |
| Plants (India / abroad) | – |
Data built 2026-10-23 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.