Allied Digital Services Limited

NSEI:ADSL Stock Report

Market Cap: ₹7.1b

Allied Digital Services Past Earnings Performance

Past criteria checks 2/6

Allied Digital Services's earnings have been declining at an average annual rate of -3.7%, while the IT industry saw earnings growing at 20.9% annually. Revenues have been growing at an average rate of 17% per year. Allied Digital Services's return on equity is 5.3%, and it has net margins of 3%.

Key information

-3.65%

Earnings growth rate

-5.45%

EPS growth rate

IT Industry Growth24.33%
Revenue growth rate17.01%
Return on equity5.29%
Net Margin2.98%
Last Earnings Update31 Mar 2026

Recent past performance updates

Analysis Article Nov 15

Earnings Troubles May Signal Larger Issues for Allied Digital Services (NSE:ADSL) Shareholders

A lackluster earnings announcement from Allied Digital Services Limited ( NSE:ADSL ) last week didn't sink the stock...

Recent updates

Analysis Article Jan 11

Allied Digital Services (NSE:ADSL) Has A Pretty Healthy Balance Sheet

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Nov 15

Earnings Troubles May Signal Larger Issues for Allied Digital Services (NSE:ADSL) Shareholders

A lackluster earnings announcement from Allied Digital Services Limited ( NSE:ADSL ) last week didn't sink the stock...
Analysis Article Oct 07

Here's What's Concerning About Allied Digital Services' (NSE:ADSL) Returns On Capital

If you're not sure where to start when looking for the next multi-bagger, there are a few key trends you should keep an...
Analysis Article Sep 19

Allied Digital Services Limited's (NSE:ADSL) 28% Jump Shows Its Popularity With Investors

Allied Digital Services Limited ( NSE:ADSL ) shares have had a really impressive month, gaining 28% after a shaky...
Narrative Update Aug 07

Digital Transformation And AI Will Unlock New Markets

The consensus price target for Allied Digital Services has been raised to ₹225.00, primarily reflecting upgraded revenue growth forecasts (from 16.2% to 19.7% per annum) and a higher future P/E multiple. What's in the News Allied Digital received an additional contract worth approximately INR 800 million for CCTV-based surveillance and public safety upgrades in Pune, targeting crime-prone areas.
Analysis Article May 30

What Is Allied Digital Services Limited's (NSE:ADSL) Share Price Doing?

While Allied Digital Services Limited ( NSE:ADSL ) might not have the largest market cap around , it received a lot of...
Analysis Article May 15

Allied Digital Services Limited (NSE:ADSL) Doing What It Can To Lift Shares

When close to half the companies in India have price-to-earnings ratios (or "P/E's") above 27x, you may consider Allied...
Analysis Article Feb 28

These 4 Measures Indicate That Allied Digital Services (NSE:ADSL) Is Using Debt Safely

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Feb 10

Further Upside For Allied Digital Services Limited (NSE:ADSL) Shares Could Introduce Price Risks After 27% Bounce

Allied Digital Services Limited ( NSE:ADSL ) shareholders would be excited to see that the share price has had a great...
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New Narrative Feb 09

Investments In Talent And Digital Solutions Will Drive Future Market Expansion

Capitalizing on digital solutions demand and securing significant contracts enhance Allied Digital's revenue visibility and future growth prospects.
Analysis Article Jan 11

Allied Digital Services (NSE:ADSL) Is Looking To Continue Growing Its Returns On Capital

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Sep 12

A Piece Of The Puzzle Missing From Allied Digital Services Limited's (NSE:ADSL) 38% Share Price Climb

Despite an already strong run, Allied Digital Services Limited ( NSE:ADSL ) shares have been powering on, with a gain...
Analysis Article Aug 31

Is It Too Late To Consider Buying Allied Digital Services Limited (NSE:ADSL)?

Allied Digital Services Limited ( NSE:ADSL ), is not the largest company out there, but it led the NSEI gainers with a...
Analysis Article Jul 28

The Market Lifts Allied Digital Services Limited (NSE:ADSL) Shares 35% But It Can Do More

Despite an already strong run, Allied Digital Services Limited ( NSE:ADSL ) shares have been powering on, with a gain...
Analysis Article Jul 01

We Think Allied Digital Services (NSE:ADSL) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Jun 13

Potential Upside For Allied Digital Services Limited (NSE:ADSL) Not Without Risk

With a price-to-earnings (or "P/E") ratio of 18x Allied Digital Services Limited ( NSE:ADSL ) may be sending bullish...
Analysis Article Apr 04

Returns At Allied Digital Services (NSE:ADSL) Are On The Way Up

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Mar 14

Estimating The Intrinsic Value Of Allied Digital Services Limited (NSE:ADSL)

Key Insights The projected fair value for Allied Digital Services is ₹146 based on 2 Stage Free Cash Flow to Equity...
Analysis Article Feb 03

Here's Why Allied Digital Services (NSE:ADSL) Can Manage Its Debt Responsibly

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Dec 27

Returns On Capital Are Showing Encouraging Signs At Allied Digital Services (NSE:ADSL)

Finding a business that has the potential to grow substantially is not easy, but it is possible if we look at a few key...
Analysis Article Jul 14

Is Allied Digital Services (NSE:ADSL) Using Too Much Debt?

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...

Revenue & Expenses Breakdown

How Allied Digital Services makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NSEI:ADSL Revenue, expenses and earnings (INR Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 269,67928800
31 Dec 259,045319800
30 Sep 258,776357800
30 Jun 258,47036100
31 Mar 258,071278800
31 Dec 247,795538230
30 Sep 247,300478230
30 Jun 246,972477230
31 Mar 246,871414230
31 Dec 236,765413210
30 Sep 236,796489210
30 Jun 236,764552210
31 Mar 236,601538210
31 Dec 226,503611160
30 Sep 225,931486160
30 Jun 225,391636160
31 Mar 224,847610160
31 Dec 214,243481250
30 Sep 213,983483250
30 Jun 213,73719500
31 Mar 213,581193250
31 Dec 203,52118270
30 Sep 203,45314270
30 Jun 203,38216300
31 Mar 203,30119370
31 Dec 192,980246160
30 Sep 192,766226160
30 Jun 192,55517800
31 Mar 192,397124120
31 Dec 182,3725790
30 Sep 182,2938090
30 Jun 182,3079890
31 Mar 182,24910090
31 Dec 172,20937280
30 Sep 172,150-51280
30 Jun 172,084-4500
31 Mar 172,153-3550
31 Dec 162,1870420
30 Sep 162,35756420
30 Jun 162,42694420
31 Mar 162,37142420
31 Dec 152,3311872440
30 Sep 152,2131042440

Quality Earnings: ADSL has high quality earnings.

Growing Profit Margin: ADSL's current net profit margins (3%) are lower than last year (3.4%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: ADSL's earnings have declined by 3.7% per year over the past 5 years.

Accelerating Growth: ADSL's earnings growth over the past year (3.6%) exceeds its 5-year average (-3.7% per year).

Earnings vs Industry: ADSL earnings growth over the past year (3.6%) did not outperform the IT industry 14.5%.


Return on Equity

High ROE: ADSL's Return on Equity (5.3%) is considered low.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/07/05 04:21
End of Day Share Price 2026/07/03 00:00
Earnings2026/03/31
Annual Earnings2026/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Allied Digital Services Limited is covered by 4 analysts. 1 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Naushil ShahAnand Rathi Shares and Stock Brokers Limited
Kunal BajajChoice Equity Broking Private Limited
Krupal ManiarICICI Securities Ltd.