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Earnings Call

Allied Digital Services Earnings Call: Key Takeaways

Allied Digital reports record FY26 revenue near ₹1,000cr milestone, though profitability was muted by one-time ECL provisions and audit-related adjustments.

Why this was an Alfa AlertNot a filter event. Achievement of ₹968cr is in line with the prior ₹1000cr aspiration.
Highlights
Revenue growth20% YoY growth to ₹968cr, led by international services.
MarginsEBITDA at 11%; targeting 13-15% through AI-led cost reductions.
Order bookRecent ₹166cr wins; massive ₹2000cr+ pipeline in Maharashtra state.
Demand visibilityStrong visibility via ₹166cr new orders and smart city pipeline.
Management confidenceConfident but defensive regarding historical audit qualifications and provisions.

Growth

FY26 consolidated revenue grew 20% YoY to ₹968cr, driven by 22% international and 17% domestic growth.

Outlook

Targeting 20-25% revenue growth for FY27 with EBITDA margins expanding toward 13-15% long-term.

Risks

Substantial one-time ECL provisions and audit qualifications regarding non-interest bearing subsidiary loans highlight governance and collection risks.

Source

Earnings Call filed with BSE, NSE: ADSL. Summary written with AI assistance from the document.

Read the document ↗

Allied Digital Services Ltd: key numbers

Share price
₹115.52
Market cap
₹654.4 Cr
Revenue (annual)
₹967.9 Cr
Net profit (annual)
₹28.81 Cr
P/E (TTM)
17.5×Sector 22.1×
Promoter holding
51.02%-0.05% QoQ
FII holding
0.11%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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