Allied Digital Services Limited (IN:ADSL)
:ADSL
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Allied Digital Services Limited
(ADSL)
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Rating:67Neutral
Price Target:
₹118.00
▼(-24.04% Downside)
Action:ReiteratedDate:03/05/26
Score is supported by strong financial performance (revenue and free-cash-flow growth, low leverage), but is held back by weak technical momentum (below all key DMAs with negative MACD and low RSI/Stoch). Valuation is reasonable and slightly supportive, though not strongly compelling.
Positive Factors
Revenue Growth
Consistent revenue growth of 17.48% indicates expanding client engagements and sustained demand for IT services. Durable top-line expansion supports scaling of recurring managed services and project pipelines, improving revenue visibility and contract leverage over the medium term.
Negative Factors
Declining Profitability / Low Net Margin
A net margin of 3.98% and reported declines in EBIT margin point to sustained margin pressure despite revenue growth. Persistently thin margins constrain retained earnings, reduce the capacity to reinvest in service capabilities, and limit resilience to cost inflation or pricing competition.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Consistent revenue growth of 17.48% indicates expanding client engagements and sustained demand for IT services. Durable top-line expansion supports scaling of recurring managed services and project pipelines, improving revenue visibility and contract leverage over the medium term.
Read all positive factors
Allied Digital Services Limited (ADSL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹5.61B
Dividend Yield0.96%
Average Volume (3M)103.11K
Price to Earnings (P/E)17.4
Beta (1Y)1.70
Revenue Growth20.23%
EPS Growth-17.78%
CountryIN
Employees3,000
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)2.18
Shares Outstanding56,514,130
10 Day Avg. Volume43,847
30 Day Avg. Volume103,113
Financial Highlights & Ratios
PEG Ratio-1.08
Price to Book (P/B)1.92
Price to Sales (P/S)1.43
P/FCF Ratio14.07
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)9.6
Revenue Forecast (FY)₹9.58B
Allied Digital Services Limited Business Overview & Revenue Model
Company Description
Allied Digital Services Limited designs, develops, deploys, and delivers end-to-end IT infrastructure services and digital solutions in India and internationally. The company provides information technology and consultancy services, such as infras...
How the Company Makes Money
ADSL generates revenue through a diverse range of services, primarily from managed IT services, which involve ongoing support and maintenance for clients' IT infrastructure. The company also earns income from cloud computing solutions, where clien...
Allied Digital Services Limited Financial Statement Overview
Summary
Income Statement
82
Very Positive
Balance Sheet
78
Positive
Cash Flow
85
Very Positive
| Breakdown | TTM | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.78B | 8.07B | 6.87B | 6.60B | 4.85B | 3.58B |
| Gross Profit | 1.66B | 1.49B | 1.48B | 1.49B | 1.32B | 938.70M |
| EBITDA | 1.05B | 986.90M | 838.20M | 939.70M | 955.10M | 478.30M |
| Net Income | 399.60M | 321.10M | 458.50M | 69.20M | 610.30M | 192.50M |
Balance Sheet | ||||||
| Total Assets | 9.88B | 9.25B | 7.78B | 6.95B | 6.93B | 6.41B |
| Cash, Cash Equivalents and Short-Term Investments | 1.80B | 2.16B | 1.38B | 1.35B | 637.00M | 581.70M |
| Total Debt | 1.17B | 966.20M | 748.00M | 549.70M | 461.80M | 550.00M |
| Total Liabilities | 3.29B | 2.79B | 1.59B | 1.24B | 1.37B | 1.56B |
| Stockholders Equity | 6.09B | 6.02B | 5.79B | 5.36B | 5.31B | 4.71B |
Cash Flow | ||||||
| Free Cash Flow | -420.20M | 822.50M | 643.20M | 335.10M | 81.10M | 326.00M |
| Operating Cash Flow | -324.20M | 847.30M | 676.10M | 470.20M | 146.30M | 494.10M |
| Investing Cash Flow | -29.60M | -131.50M | -29.30M | -116.50M | -59.60M | -121.00M |
| Financing Cash Flow | 94.40M | -101.60M | -102.30M | -70.40M | -76.90M | -30.20M |
Allied Digital Services Limited Technical Analysis
Negative
155.35
Price Trends
117.50
Negative
139.23
Negative
158.02
Negative
Market Momentum
-6.39
Negative
38.12
Neutral
26.76
Neutral
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:ADSL, the sentiment is Negative. The current price of 155.35 is above the 20-day moving average (MA) of 105.49, above the 50-day MA of 117.50, and below the 200-day MA of 158.02, indicating a bearish trend. The MACD of -6.39 indicates Negative momentum. The RSI at 38.12 is Neutral, neither overbought nor oversold. The STOCH value of 26.76 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:ADSL.
Allied Digital Services Limited Peers Comparison
UnderperformOutperform
Sector (61)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | ₹7.36B | 22.14 | ― | ― | 25.98% | 18.29% | |
67 Neutral | ₹5.61B | 17.41 | ― | 0.96% | 20.23% | -17.78% | |
67 Neutral | ₹13.40B | 25.81 | ― | 0.13% | 14.57% | 80.44% | |
62 Neutral | ₹5.43B | 15.89 | ― | 1.84% | 10.49% | 69.49% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
58 Neutral | ₹14.54B | 63.12 | ― | 0.06% | 16.93% | 36.77% | |
46 Neutral | ₹4.27B | 56.55 | ― | ― | -9.53% | 96.99% |
* Technology Sector Average
IN:ADSL
Allied Digital Services Limited
99.30
-86.17
-46.46%
IN:INFOBEAN
InfoBeans Technologies Ltd.
138.25
63.29
84.43%
IN:INNOVANA
Innovana Thinklabs Ltd.
356.05
81.20
29.54%
IN:ONWARDTEC
Onward Technologies Limited
238.60
-17.91
-6.98%
IN:SILVERTUC
Silver Touch Technologies Ltd.
114.65
49.69
76.48%
IN:SUBEXLTD
Subex Limited
7.60
-5.24
-40.81%
Allied Digital Services Limited Corporate Events
Allied Digital Clears Q3 FY26 Results, Explores Restructuring of Overseas Subsidiaries
Feb 4, 2026
Allied Digital Services Limited’s board has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, together with the accompanying limited review reports, and has issued a...
Allied Digital Clears Q3 FY26 Results, Explores Overseas Subsidiary Restructuring
Feb 4, 2026
Allied Digital Services Limited’s board has approved the unaudited standalone and consolidated financial results for the quarter and nine months ended December 31, 2025, alongside the statutory auditors’ limited review reports, reinfor...
Exchange Seeks Clarification From Allied Digital on Surge in Trading Volumes
Feb 1, 2026
Trading in shares of Allied Digital Services Limited has seen a significant spike in volume on the stock exchange, drawing regulatory attention to the unusual activity. In response, the exchange has formally sought updated, relevant information fr...
Allied Digital Shuts Trading Window Ahead of Q3 and Nine-Month Results
Dec 26, 2025
Allied Digital Services Limited has announced the closure of its trading window for designated persons and their immediate relatives from January 1, 2026 until 48 hours after the declaration of its unaudited standalone and consolidated financial r...
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.