ADSL

Allied Digital Services Limited

Allied Digital Services Limited (ADSL) financial statements and selected valuation metrics through 30 June 2026.

Information Technology›Information Technology›IT - Services›IT Enabled Services

allieddigital.net(opens the company website in a new tab)
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Key metrics

Price as of 2026-10-16

Stock price
₹106.39
Market cap
602 Cr
Stock P/E
17.2
P/B
0.98
Dividend yield
1.4%
ROE (FY26)
4.3%
ROCE (FY26)
7.0%
Operating margin (FY26)
3.7%
Debt / equity (FY26)
0.19
OCF / EBITDA (FY26)
-139.7%
OCF / EBITDA (3Y)
42.0%

Full years shown; sign in free for the trailing twelve months. Learn about these metrics →

Price & valuation

Share price and valuation multiples (P/E, P/B and more) over time.

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Compare with peers

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What you need to know

Allied Digital (Allied Digital Services) runs and builds IT infrastructure for businesses and governments, covering managed services, cloud and data centres, digital workplace support and smart-city systems, in India and overseas.

Company snapshot

36thBy market cap

Ranked among 56 companies in IT Enabled Services.

Segment mix

Reportable segments as of 2024-12-31 (Standalone). Revenue share = segment revenue ÷ total revenue.

Largest segment: 52.6% of revenue

SegmentRevenue shareRevenuePBTAssets
Services
52.6%
140 Cr40 Cr—
Solutions
47.1%
125 Cr12 Cr—
Unallocated
0.9%
2 Cr0 Cr—

What we see

Positives
  • ✓Debt-to-equity of 0.19x — the company is largely funded by its own money, not borrowed funds.
Concerns
  • ✗Only 42% of operating profit came in as cash over the last three years — much of it is tied up in unpaid bills or stock.

Statement tables · Consolidated

Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.

Amounts in ₹ Cr · tap + to expand rows

Quarterly results

Quarterly · ₹ Cr · tap + rows to expand

MetricSept 2023Dec 2023Mar 2024Jun 2024Sept 2024Dec 2024Mar 2025Jun 2025Sept 2025Dec 2025Mar 2026Jun 2026
Sales170 Cr171 Cr177 Cr179 Cr203 Cr221 Cr204 Cr219 Cr234 Cr247 Cr268 Cr260 Cr
Operating expenses (approx.)150 Cr150 Cr152 Cr160 Cr184 Cr196 Cr214 Cr200 Cr212 Cr221 Cr278 Cr238 Cr
EBITDA21 Cr21 Cr24 Cr19 Cr19 Cr25 Cr-9 Cr19 Cr21 Cr26 Cr-10 Cr23 Cr
OPM %12.1%12.1%13.8%10.7%9.5%11.4%-4.6%8.6%9.1%10.6%-3.8%8.7%
Other income0.29 Cr0.57 Cr0.14 Cr1 Cr4 Cr2 Cr38 Cr3 Cr7 Cr5 Cr6 Cr3 Cr
Interest1 Cr1 Cr2 Cr1 Cr3 Cr2 Cr2 Cr2 Cr3 Cr3 Cr3 Cr3 Cr
Depreciation4 Cr4 Cr4 Cr5 Cr5 Cr5 Cr15 Cr5 Cr5 Cr5 Cr5 Cr5 Cr
Profit before tax16 Cr16 Cr19 Cr14 Cr16 Cr20 Cr3 Cr14 Cr21 Cr21 Cr-13 Cr17 Cr
Tax %26.3%27.4%25.0%26.3%25.6%11.8%381.9%-2.0%25.0%35.2%73.0%26.6%
Net profit11 Cr12 Cr14 Cr10 Cr12 Cr18 Cr-8 Cr14 Cr15 Cr14 Cr-3 Cr12 Cr
EPS (₹)₹2.09₹2.11₹2.53₹1.88₹1.83₹2.97₹-1.42₹2.34₹2.58₹2.20₹-0.60₹2.19

Profit & loss (annual)

Annual · last column is TTM · ₹ Cr · tap + to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales—225 Cr240 Cr330 Cr358 Cr485 Cr660 Cr687 Cr807 Cr968 CrSign in free for the trailing twelve months
Operating expenses (approx.)—178 Cr201 Cr282 Cr313 Cr415 Cr572 Cr604 Cr753 Cr912 CrSign in free for the trailing twelve months
EBITDA—47 Cr39 Cr48 Cr45 Cr70 Cr88 Cr83 Cr54 Cr56 CrSign in free for the trailing twelve months
OPM %—20.8%16.1%14.4%12.5%14.5%13.4%12.1%6.7%5.8%Sign in free for the trailing twelve months
Other income—4 Cr4 Cr6 Cr4 Cr3 Cr6 Cr1 Cr45 Cr20 CrSign in free for the trailing twelve months
Interest—5 Cr10 Cr7 Cr4 Cr3 Cr4 Cr5 Cr8 Cr12 CrSign in free for the trailing twelve months
Depreciation—23 Cr22 Cr22 Cr22 Cr20 Cr17 Cr16 Cr30 Cr20 CrSign in free for the trailing twelve months
Profit before tax—19 Cr15 Cr24 Cr24 Cr74 Cr8 Cr63 Cr55 Cr44 CrSign in free for the trailing twelve months
Tax %—47.5%14.8%20.0%18.2%17.0%14.5%27.2%41.8%18.5%Sign in free for the trailing twelve months
Net profit—10 Cr12 Cr19 Cr19 Cr61 Cr7 Cr46 Cr32 Cr36 CrSign in free for the trailing twelve months
EPS (₹)—₹1.99₹2.47₹3.83₹3.82₹11.66₹1.26₹8.29₹4.98₹6.30Sign in free for the trailing twelve months
Dividend payout %————13.0%6.2%78.4%15.0%25.9%23.9%Sign in free for the trailing twelve months
Sign in free for the trailing twelve months

The latest four quarters added up, next to each full year

Balance sheet

Annual · ₹ Cr · tap + rows to expand

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity capital25 Cr25 Cr25 Cr25 Cr25 Cr27 Cr27 Cr28 Cr28 Cr28 Cr
Reserves417 Cr399 Cr412 Cr431 Cr445 Cr504 Cr509 Cr551 Cr574 Cr585 Cr
Borrowings69 Cr58 Cr65 Cr54 Cr54 Cr43 Cr35 Cr60 Cr72 Cr117 Cr
Other liabilities268 Cr130 Cr123 Cr101 Cr102 Cr94 Cr88 Cr99 Cr207 Cr270 Cr
Total liabilities786 Cr620 Cr633 Cr623 Cr641 Cr693 Cr695 Cr778 Cr925 Cr1,058 Cr
Fixed assets (net)58 Cr53 Cr47 Cr54 Cr55 Cr50 Cr62 Cr60 Cr44 Cr37 Cr
CWIP——0 Cr0 Cr0 Cr0 Cr0 Cr0 Cr0.80 Cr9 Cr
Investments7 Cr7 Cr90 Cr89 Cr88 Cr89 Cr85 Cr84 Cr83 Cr82 Cr
Loans & advances——3 Cr1 Cr1 Cr2 Cr2 Cr2 Cr16 Cr9 Cr
Inventories34 Cr33 Cr34 Cr35 Cr35 Cr38 Cr43 Cr48 Cr49 Cr48 Cr
Trade receivables302 Cr150 Cr196 Cr203 Cr164 Cr199 Cr160 Cr150 Cr188 Cr320 Cr
Cash & bank6 Cr16 Cr14 Cr18 Cr47 Cr50 Cr77 Cr127 Cr188 Cr134 Cr
Other assets379 Cr360 Cr248 Cr223 Cr250 Cr266 Cr267 Cr308 Cr356 Cr419 Cr
Total assets786 Cr620 Cr633 Cr623 Cr641 Cr693 Cr695 Cr778 Cr925 Cr1,058 Cr

Cash flows

Annual · ₹ Cr · tap + rows to expand · last column includes FCF

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from operating activity26 Cr32 Cr19 Cr35 Cr52 Cr15 Cr47 Cr68 Cr92 Cr-79 Cr
Cash from investing2 Cr4 Cr5 Cr-2 Cr-12 Cr-6 Cr-12 Cr-3 Cr-12 Cr5 Cr
Cash from financing-31 Cr-24 Cr-32 Cr-34 Cr-3 Cr-8 Cr-11 Cr-10 Cr-18 Cr19 Cr
Net cash flow-3 Cr13 Cr-8 Cr-0.19 Cr37 Cr0.97 Cr24 Cr54 Cr61 Cr-54 Cr
Free cash flow (OCF − Capex)26 Cr—19 Cr19 Cr35 Cr8 Cr34 Cr64 Cr80 Cr-98 Cr

Ratios

MetricMar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
ROCE %—5.0%4.8%6.0%5.1%12.7%2.0%10.0%8.8%7.0%
ROE %—2.3%2.7%4.1%3.5%9.1%-0.2%6.7%4.1%4.3%
Debtor days—243298224167149888085120
Inventory days—545239352924262218
Days payable—953666643821272958
Cash conversion cycle—20231419713814091787881
OCF / EBITDA %—69.0%49.6%74.0%116.2%20.9%53.2%81.1%170.6%-139.7%
OCF / EBITDA % (3 years)———65.2%81.2%62.7%55.9%53.5%91.6%42.0%
Debt / equity0.160.140.150.120.120.080.070.100.120.19
Current ratio1.251.672.162.662.753.743.533.603.022.52
Net debt / EBITDA——1.310.750.17-0.10-0.48-0.80-2.14-0.31