Allied Digital Services Limited (IN:ADSL)
:ADSL
Want to see IN:ADSL full AI Analyst Report?
Top Page
Allied Digital Services Limited
(ADSL)
Select Model
Select Model
Rating:64Neutral
Price Target:
₹131.00
▼(-15.67% Downside)
Action:Downgraded
Date:05/25/26
The score is driven primarily by solid financial scaling and a relatively conservative balance sheet, tempered by meaningful margin compression and volatile cash-flow growth. Technically, signals are mixed with neutral momentum and price still below the 200-day average, while valuation is supportive with a reasonable P/E and moderate dividend yield.
Positive Factors
Revenue Growth
Sustained top-line expansion from ~3.6B to ~9.7B indicates durable demand for the company’s IT services and successful commercial execution. A larger revenue base supports reinvestment, cross-sell opportunities and long-term contract leverage, improving structural growth optionality.
Negative Factors
Margin Compression
Material decline in gross and net margins implies structural cost pressure, worsening mix, or weakened pricing power. Persistent margin erosion undermines ability to convert revenue into sustainable profits, limiting free cash flow upside and constraining long-term return on incremental revenue.
Read all positive and negative factors
Positive Factors
Negative Factors
Revenue Growth
Sustained top-line expansion from ~3.6B to ~9.7B indicates durable demand for the company’s IT services and successful commercial execution. A larger revenue base supports reinvestment, cross-sell opportunities and long-term contract leverage, improving structural growth optionality.
Read all positive factors
Allied Digital Services Limited (ADSL) vs. iShares MSCI India ETF (INDA)
Market Cap
₹6.93B
Dividend Yield0.96%
Average Volume (3M)103.11K
Price to Earnings (P/E)13.8
Beta (1Y)1.88
Revenue Growth19.93%
EPS Growth19.41%
CountryIN
Employees3,000
SectorTechnology
Sector Strength88
IndustryInformation Technology Services
Share Statistics
EPS (TTM)6.98
Shares Outstanding56,568,527
10 Day Avg. Volume43,847
30 Day Avg. Volume103,113
Financial Highlights & Ratios
PEG Ratio0.52
Price to Book (P/B)0.65
Price to Sales (P/S)0.41
P/FCF Ratio4.51
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)11.4
Revenue Forecast (FY)₹11.20B
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 primarily earns revenue by delivering IT services to customers under commercial contracts. Key revenue streams typically include fees for managed services (ongoing operations and support delivered under recurring or multi-period service agree...
Allied Digital Services Limited Financial Statement Overview
Summary
Income Statement
62
Positive
Balance Sheet
72
Positive
Cash Flow
58
Neutral
| Breakdown | TTM | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 |
|---|---|---|---|---|---|---|
Income Statement | ||||||
| Total Revenue | 8.78B | 9.68B | 8.07B | 6.87B | 6.60B | 4.85B |
| Gross Profit | 1.66B | 1.64B | 1.49B | 1.48B | 1.49B | 1.32B |
| EBITDA | 1.05B | 562.10M | 986.90M | 838.20M | 939.70M | 955.10M |
| Net Income | 399.60M | 288.10M | 321.10M | 458.50M | 69.20M | 610.30M |
Balance Sheet | ||||||
| Total Assets | 9.88B | 10.58B | 9.25B | 7.78B | 6.95B | 6.93B |
| Cash, Cash Equivalents and Short-Term Investments | 1.80B | 1.52B | 2.16B | 1.38B | 1.35B | 637.00M |
| Total Debt | 1.17B | 1.36B | 966.20M | 748.00M | 549.70M | 461.80M |
| Total Liabilities | 3.29B | 3.87B | 2.79B | 1.59B | 1.24B | 1.37B |
| Stockholders Equity | 6.09B | 6.14B | 6.02B | 5.79B | 5.36B | 5.31B |
Cash Flow | ||||||
| Free Cash Flow | -420.20M | 884.30M | 822.50M | 643.20M | 335.10M | 81.10M |
| Operating Cash Flow | -324.20M | 983.70M | 847.30M | 676.10M | 470.20M | 146.30M |
| Investing Cash Flow | -29.60M | -1.83B | -131.50M | -29.30M | -116.50M | -59.60M |
| Financing Cash Flow | 94.40M | 302.90M | -101.60M | -102.30M | -70.40M | -76.90M |
Allied Digital Services Limited Technical Analysis
Negative
155.35
Price Trends
113.70
Positive
122.07
Positive
146.53
Negative
Market Momentum
2.73
Positive
49.93
Neutral
27.63
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 124.73, above the 50-day MA of 113.70, and above the 200-day MA of 146.53, indicating a neutral trend. The MACD of 2.73 indicates Positive momentum. The RSI at 49.93 is Neutral, neither overbought nor oversold. The STOCH value of 27.63 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 |
|---|---|---|---|---|---|---|---|
73 Outperform | ₹5.94B | 10.70 | ― | 1.84% | 10.69% | 64.16% | |
71 Outperform | ₹14.63B | 14.00 | ― | 0.13% | 30.09% | 129.09% | |
65 Neutral | ₹18.53B | 24.95 | ― | 0.06% | 18.48% | 60.83% | |
64 Neutral | ₹6.93B | 13.84 | ― | 0.96% | 19.93% | 19.41% | |
63 Neutral | ₹7.39B | 18.00 | ― | ― | 27.86% | -16.17% | |
61 Neutral | $37.18B | 12.37 | -10.20% | 1.83% | 8.50% | -7.62% | |
60 Neutral | ₹6.23B | 9.28 | ― | ― | -2.29% | ― |
* Technology Sector Average
IN:ADSL
Allied Digital Services Limited
122.45
-76.90
-38.58%
IN:INFOBEAN
InfoBeans Technologies Ltd.
150.91
54.51
56.55%
IN:INNOVANA
Innovana Thinklabs Ltd.
357.55
-15.15
-4.06%
IN:ONWARDTEC
Onward Technologies Limited
261.05
-39.25
-13.07%
IN:SILVERTUC
Silver Touch Technologies Ltd.
146.15
68.66
88.61%
IN:SUBEXLTD
Subex Limited
11.08
-3.12
-21.97%
Allied Digital Services Limited Corporate Events
Allied Digital Posts Record FY26 Revenue on Strong Services and Private-Sector Growth
May 23, 2026
Allied Digital Services Limited, a global IT services and solutions provider, reported its highest ever annual consolidated revenue of Rs. 968 crore for FY26, a 20% increase over the previous year, driven mainly by strong growth in services and so...
Allied Digital Releases Revised Investor Presentation on FY 2026 Results
May 23, 2026
Allied Digital Services Limited has released a revised investor presentation detailing its annual audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026. The updated presentation, filed under ...
Allied Digital Publishes FY26 Investor Presentation on Audited Results
May 21, 2026
Allied Digital Services Limited, an IT and digital solutions company branding itself as AI-driven and future-ready, caters to enterprise customers with technology-enabled services and support. Its offerings are centered on leveraging advanced digi...
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.