Reported Earnings • 5h
Full year 2026 earnings: EPS misses analyst expectations Full year 2026 results: EPS: ₹6.30 (up from ₹4.98 in FY 2025). Revenue: ₹9.88b (up 23% from FY 2025). Net income: ₹288.1m (up 3.6% from FY 2025). Profit margin: 2.9% (down from 3.4% in FY 2025). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 35%. Revenue is forecast to grow 15% p.a. on average during the next 3 years, compared to a 5.9% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Tillkännagivande • May 15
Allied Digital Services Limited to Report Q4, 2026 Results on May 21, 2026 Allied Digital Services Limited announced that they will report Q4, 2026 results on May 21, 2026 Valuation Update With 7 Day Price Move • May 05
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹135, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 16x in the IT industry in India. Total returns to shareholders of 64% over the past three years. Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹103, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 18x in the IT industry in India. Total returns to shareholders of 25% over the past three years. Reported Earnings • Feb 07
Third quarter 2026 earnings released: EPS: ₹2.20 (vs ₹2.97 in 3Q 2025) Third quarter 2026 results: EPS: ₹2.20 (down from ₹2.97 in 3Q 2025). Revenue: ₹2.47b (up 12% from 3Q 2025). Net income: ₹139.1m (down 22% from 3Q 2025). Profit margin: 5.6% (down from 8.0% in 3Q 2025). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 7.3% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 21% per year but the company’s share price has increased by 6% per year, which means it is well ahead of earnings. New Risk • Feb 02
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.2% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (7.2% average weekly change). Profit margins are more than 30% lower than last year (4.1% net profit margin). Market cap is less than US$100m (₹7.30b market cap, or US$79.8m). Valuation Update With 7 Day Price Move • Feb 01
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to ₹143, the stock trades at a forward P/E ratio of 13x. Average forward P/E is 22x in the IT industry in India. Total returns to shareholders of 47% over the past three years. Tillkännagivande • Jan 30
Allied Digital Services Limited to Report Q3, 2026 Results on Feb 04, 2026 Allied Digital Services Limited announced that they will report Q3, 2026 results on Feb 04, 2026 Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to ₹129, the stock trades at a forward P/E ratio of 12x. Average forward P/E is 24x in the IT industry in India. Total returns to shareholders of 37% over the past three years. New Risk • Dec 08
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.70b (US$96.6m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (4.1% net profit margin). Market cap is less than US$100m (₹8.70b market cap, or US$96.6m). Reported Earnings • Nov 08
Second quarter 2026 earnings released: EPS: ₹2.58 (vs ₹1.83 in 2Q 2025) Second quarter 2026 results: EPS: ₹2.58 (up from ₹1.83 in 2Q 2025). Revenue: ₹2.41b (up 19% from 2Q 2025). Net income: ₹154.2m (up 33% from 2Q 2025). Profit margin: 6.4% (up from 5.7% in 2Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 18% p.a. on average during the next 3 years, compared to a 6.7% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 18% per year but the company’s share price has increased by 18% per year, which means it is well ahead of earnings. Tillkännagivande • Nov 03
Allied Digital Services Limited to Report Q2, 2026 Results on Nov 07, 2025 Allied Digital Services Limited announced that they will report Q2, 2026 results at 4:00 PM, Indian Standard Time on Nov 07, 2025 Buy Or Sell Opportunity • Oct 06
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 13% to ₹201. The fair value is estimated to be ₹167, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 20%. Revenue is forecast to grow by 46% in 2 years. Earnings are forecast to grow by 135% in the next 2 years. Buy Or Sell Opportunity • Sep 18
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 14% to ₹203. The fair value is estimated to be ₹169, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 12% over the last 3 years. Earnings per share has declined by 20%. Revenue is forecast to grow by 46% in 2 years. Earnings are forecast to grow by 135% in the next 2 years. New Risk • Sep 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 5.1% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (5.1% average weekly change). Profit margins are more than 30% lower than last year (4.3% net profit margin). Valuation Update With 7 Day Price Move • Sep 16
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹195, the stock trades at a forward P/E ratio of 19x. Average forward P/E is 25x in the IT industry in India. Total returns to shareholders of 76% over the past three years. Upcoming Dividend • Aug 28
Upcoming dividend of ₹1.50 per share Eligible shareholders must have bought the stock before 04 September 2025. Payment date: 10 October 2025. Payout ratio is a comfortable 30% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.3%). Lower than average of industry peers (3.1%). Tillkännagivande • Aug 19
Allied Digital Services Limited announces Annual dividend, payable on October 10, 2025 Allied Digital Services Limited announced Annual dividend of INR 1.5000 per share payable on October 10, 2025, ex-date on September 04, 2025 and record date on September 05, 2025. Reported Earnings • Aug 06
First quarter 2026 earnings released: EPS: ₹2.34 (vs ₹1.88 in 1Q 2025) First quarter 2026 results: EPS: ₹2.34 (up from ₹1.88 in 1Q 2025). Revenue: ₹2.22b (up 24% from 1Q 2025). Net income: ₹144.4m (up 39% from 1Q 2025). Profit margin: 6.5% (up from 5.8% in 1Q 2025). The increase in margin was driven by higher revenue. Revenue is forecast to grow 15% p.a. on average during the next 2 years, compared to a 6.4% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings. Tillkännagivande • Aug 02
Allied Digital Services Limited to Report Q1, 2026 Results on Aug 05, 2025 Allied Digital Services Limited announced that they will report Q1, 2026 results on Aug 05, 2025 Tillkännagivande • Jul 16
Allied Digital Services Limited, Annual General Meeting, Sep 02, 2025 Allied Digital Services Limited, Annual General Meeting, Sep 02, 2025, at 15:00 Indian Standard Time. Location: walchand hirachand hall, 4th floor, indian merchant chambers, churchgate - 400020, mumbai India Reported Earnings • Jun 06
Full year 2025 earnings: EPS misses analyst expectations Full year 2025 results: EPS: ₹4.98 (down from ₹8.29 in FY 2024). Revenue: ₹8.52b (up 24% from FY 2024). Net income: ₹321.1m (down 30% from FY 2024). Profit margin: 3.8% (down from 6.7% in FY 2024). The decrease in margin was driven by higher expenses. Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 51%. Over the last 3 years on average, earnings per share has fallen by 17% per year but the company’s share price has increased by 15% per year, which means it is well ahead of earnings. New Risk • Jun 06
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.8% Last year net profit margin: 6.7% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. This is currently the only risk that has been identified for the company. Board Change • Jun 01
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. 1 highly experienced director. Executive Director Tejal Shah was the last director to join the board, commencing their role in 2023. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Tillkännagivande • May 31
Allied Digital Services Limited Recommends Dividend for the Financial Year Ended March 31, 2025 Allied Digital Services Limited announced that Board of Directors of the Company at its meeting held on May 30, 2025, recommended the payment of dividend of INR 1.50 per share on Equity Shares of INR 5 each for the financial year ended March 31, 2025, subject to approval of the shareholders in the upcoming Annual General Meeting of the Company. The dividend, if approved at the upcoming Annual General Meeting of the Company, shall be paid/dispatched within 30 days of upcoming Annual General Meeting. The date of Annual General Meeting will be intimated in due course of time. Tillkännagivande • May 26
Allied Digital Services Limited to Report Q4, 2025 Results on May 30, 2025 Allied Digital Services Limited announced that they will report Q4, 2025 results on May 30, 2025 Valuation Update With 7 Day Price Move • Feb 07
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹271, the stock trades at a forward P/E ratio of 22x. Average forward P/E is 28x in the IT industry in India. Total returns to shareholders of 133% over the past three years. Reported Earnings • Feb 01
Third quarter 2025 earnings released: EPS: ₹2.97 (vs ₹2.11 in 3Q 2024) Third quarter 2025 results: EPS: ₹2.97 (up from ₹2.11 in 3Q 2024). Revenue: ₹2.23b (up 30% from 3Q 2024). Net income: ₹177.1m (up 51% from 3Q 2024). Profit margin: 7.9% (up from 6.8% in 3Q 2024). The increase in margin was driven by higher revenue. Revenue is forecast to grow 17% p.a. on average during the next 3 years, compared to a 8.1% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. Tillkännagivande • Jan 28
Allied Digital Services Limited to Report Q3, 2025 Results on Jan 31, 2025 Allied Digital Services Limited announced that they will report Q3, 2025 results at 4:00 PM, Indian Standard Time on Jan 31, 2025 Valuation Update With 7 Day Price Move • Jan 17
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹246, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 28x in the IT industry in India. Total returns to shareholders of 64% over the past three years. Recent Insider Transactions • Dec 04
Chief Executive Officer recently sold ₹1.4m worth of stock On the 29th of November, Paresh Shah sold around 5k shares on-market at roughly ₹265 per share. This transaction amounted to 7.2% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹19m. This was Paresh's only on-market trade for the last 12 months. Reported Earnings • Nov 03
Second quarter 2025 earnings released: EPS: ₹1.83 (vs ₹2.09 in 2Q 2024) Second quarter 2025 results: EPS: ₹1.83. Revenue: ₹2.03b (up 19% from 2Q 2024). Net income: ₹116.0m (up 1.1% from 2Q 2024). Profit margin: 5.7% (down from 6.7% in 2Q 2024). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 18% p.a. on average during the next 2 years, compared to a 8.4% growth forecast for the IT industry in India. Tillkännagivande • Oct 23
Allied Digital Services Limited to Report Q2, 2025 Results on Oct 28, 2024 Allied Digital Services Limited announced that they will report Q2, 2025 results on Oct 28, 2024 Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹285, the stock trades at a forward P/E ratio of 23x. Average forward P/E is 30x in the IT industry in India. Total returns to shareholders of 232% over the past three years. Recent Insider Transactions • Sep 21
Insider recently sold ₹19m worth of stock On the 17th of September, Hubert Wong sold around 63k shares on-market at roughly ₹301 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹37m more than they bought in the last 12 months. Recent Insider Transactions • Sep 10
Chief Information Officer recently sold ₹10m worth of stock On the 5th of September, Manoj Shah sold around 35k shares on-market at roughly ₹294 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹18m more than they bought in the last 12 months. New Risk • Aug 31
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.8% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (9.8% average weekly change). Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Valuation Update With 7 Day Price Move • Aug 30
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹265, the stock trades at a forward P/E ratio of 21x. Average forward P/E is 32x in the IT industry in India. Total returns to shareholders of 285% over the past three years. Upcoming Dividend • Jul 27
Upcoming dividend of ₹1.50 per share Eligible shareholders must have bought the stock before 02 August 2024. Payment date: 08 September 2024. Payout ratio is a comfortable 18% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.1%). Lower than average of industry peers (1.8%). Tillkännagivande • Jul 22
Allied Digital Services Limited to Report Q1, 2025 Results on Jul 30, 2024 Allied Digital Services Limited announced that they will report Q1, 2025 results on Jul 30, 2024 Reported Earnings • Jul 21
Full year 2024 earnings released: EPS: ₹8.29 (vs ₹9.87 in FY 2023) Full year 2024 results: EPS: ₹8.29 (down from ₹9.87 in FY 2023). Revenue: ₹6.87b (up 4.1% from FY 2023). Net income: ₹458.5m (down 15% from FY 2023). Profit margin: 6.7% (down from 8.1% in FY 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 17% p.a. on average during the next 2 years, compared to a 7.9% growth forecast for the IT industry in India. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 50% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Jul 13
Dividend increased to ₹1.50 Dividend of ₹1.50 is 20% higher than last year. Ex-date: 2nd August 2024 Payment date: 8th September 2024 Dividend yield will be 0.7%, which is lower than the industry average of 1.7%. Sustainability & Growth Dividend is well covered by both earnings (18% earnings payout ratio) and cash flows (13% cash payout ratio). The dividend has increased by an average of 32% per year over the past 4 years and payments have been stable during that time. EPS is expected to grow by 72% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Tillkännagivande • Jul 11
Allied Digital Services Limited, Annual General Meeting, Aug 09, 2024 Allied Digital Services Limited, Annual General Meeting, Aug 09, 2024, at 15:00 Indian Standard Time. Location: walchand hirachand hall, 4th floor, indian merchant chambers, churchgate - 400020, mumbai India Valuation Update With 7 Day Price Move • Jun 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to ₹184, the stock trades at a forward P/E ratio of 17x. Average forward P/E is 27x in the IT industry in India. Total returns to shareholders of 170% over the past three years. Reported Earnings • May 25
Full year 2024 earnings released: EPS: ₹8.29 (vs ₹9.87 in FY 2023) Full year 2024 results: EPS: ₹8.29 (down from ₹9.87 in FY 2023). Revenue: ₹6.88b (up 4.3% from FY 2023). Net income: ₹458.5m (down 15% from FY 2023). Profit margin: 6.7% (down from 8.1% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has increased by 30% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • May 25
Allied Digital Services Limited Recommends the Payment of Dividend for the Financial Year Ended 31 March, 2024 Allied Digital Services Limited announced that Board of Directors of the Company at its meeting held on May 23, 2024, recommended the payment of dividend on Equity Shares of INR 5/- each @ INR 1.50 (Rupee one and Fifty Paise only) per share for the financial year ended 31st March, 2024, subject To Approve the shareholders in the ensuing Annual General Meeting of the Company. The dividend, if approved at the ensuing Annual General Meeting of the Company, shall be paid/dispatched within 30 days of ensuing Annual General Meeting. The date of Annual General Meeting will be intimated in due course of time. Recent Insider Transactions • Apr 02
Insider recently sold ₹1.8m worth of stock On the 27th of March, Hubert Wong sold around 13k shares on-market at roughly ₹141 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹7.0m more than they bought in the last 12 months. Tillkännagivande • Mar 23
Allied Digital Services Limited Announces Board and Committee Changes The Board of Directors of the Allied Digital Services Limited at its meeting held on March 22, 2024, approved the appointment of Ms. Khyati Shah as Company Secretary and Compliance Officer of the Company with effect from March 22, 2024, pursuant to the provisions of Section 203 of the Companies Act, 2013 read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014 and Regulation 6(1) of the Listing Regulations. The board also approved the reconstitution of the Audit Committee, Nomination & Remuneration Committee, Stakeholders Relationship Committee and Corporate Social Responsibility Committee of the Board of Directors of the Company, consequent to completion of tenure of Dr. Shrikant Parikh as an Independent Director on March 31, 2024. The reconstituted Committee will be effective from April 01, 2024. Ms. Khyati Shah is a B. Com, LLB graduate from the University of Mumbai and a Member of the Institute of Company Secretaries of India. She has more than 13 years of experience in managing Company Secretarial and Corporate legal matters. Details of reconstituted Committees: Audit Committee: Mr. Milind Kamat: Non-Executive Independent Director: Chairman; Mr. Shakti Kumar Leekha: Non-Executive Independent Director Member; Ms. Swanubhuti Jain: Non-Executive Independent Director: Member; Mr. Nehal Shah: Executive Director: Member. Nomination and Remuneration Committee: Mr. Anup Kumar Mahapatra: Non-Executive Independent Director: Chairman. Director Mr. Milind Kamat: Non-Executive Independent Director: Member; Ms. Swanubhuti Jain: Non-Executive Independent Director: Member. Stakeholder Relationship Committee: Mr. Milind Kamat: Non-Executive Independent Director: Chairman; Mr. Shakti Kumar Leekha: Non-Executive Independent Director: Member; Mr. Nehal Shah: Executive Director: Member. Corporate Social Responsibility Committee: Ms. Swanubhuti Jain: Non-Executive Independent Director: Chairperson; Mr. Anup Kumar Mahapatra: Non-Executive Independent Director: Member; Mr. Nehal Shah: Executive Director: Member. Valuation Update With 7 Day Price Move • Mar 13
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to ₹128, the stock trades at a trailing P/E ratio of 17.2x. Average trailing P/E is 34x in the IT industry in India. Total returns to shareholders of 160% over the past three years. New Risk • Mar 12
New minor risk - Market cap size The company's market capitalization is less than US$100m. Market cap: ₹8.11b (US$98.0m) This is considered a minor risk. Companies with a small market capitalization are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risk Share price has been highly volatile over the past 3 months (10.0% average weekly change). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Profit margins are more than 30% lower than last year (6.1% net profit margin). Market cap is less than US$100m (₹8.11b market cap, or US$98.0m). Buy Or Sell Opportunity • Feb 06
Now 26% overvalued after recent price rise Over the last 90 days, the stock has risen 46% to ₹171. The fair value is estimated to be ₹136, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 25% over the last 3 years. Earnings per share has grown by 20%. New Risk • Feb 02
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.1% Last year net profit margin: 9.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.1% average weekly change). Profit margins are more than 30% lower than last year (6.1% net profit margin). Valuation Update With 7 Day Price Move • Jan 11
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to ₹171, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 44x in the IT industry in India. Total returns to shareholders of 323% over the past three years. Tillkännagivande • Jan 05
Allied Digital Services Limited Announces Neha Bagla Resigns as Company Secretary & Compliance Officer Allied Digital Services Limited announced that Ms. Neha Bagla (ACS 43254) has vide letter dated January 5, 2024, tendered her resignation from the position of Company Secretary & Compliance Officer of the Company effective from the closure of business hours of January 5, 2024 due to her personal reasons. Valuation Update With 7 Day Price Move • Dec 27
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹143, the stock trades at a trailing P/E ratio of 16.2x. Average trailing P/E is 42x in the IT industry in India. Total returns to shareholders of 313% over the past three years. Reported Earnings • Nov 09
Second quarter 2024 earnings released: EPS: ₹2.09 (vs ₹3.28 in 2Q 2023) Second quarter 2024 results: EPS: ₹2.09 (down from ₹3.28 in 2Q 2023). Revenue: ₹1.70b (up 1.9% from 2Q 2023). Net income: ₹114.7m (down 36% from 2Q 2023). Profit margin: 6.7% (down from 11% in 2Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 71% per year, which means it is tracking significantly ahead of earnings growth. Recent Insider Transactions • Oct 01
Insider recently sold ₹256k worth of stock On the 26th of September, Bhupesh Jain sold around 2k shares on-market at roughly ₹131 per share. This transaction amounted to 31% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹1.6m. Insiders have been net sellers, collectively disposing of ₹6.3m more than they bought in the last 12 months. Recent Insider Transactions • Aug 28
Country Head of Sales recently sold ₹1.6m worth of stock On the 24th of August, Sunil Nair sold around 12k shares on-market at roughly ₹131 per share. This transaction amounted to 49% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth ₹2.1m. Insiders have been net sellers, collectively disposing of ₹4.9m more than they bought in the last 12 months. Upcoming Dividend • Aug 03
Upcoming dividend of ₹1.25 per share at 0.9% yield Eligible shareholders must have bought the stock before 10 August 2023. Payment date: 15 September 2023. Payout ratio is a comfortable 13% and this is well supported by cash flows. Trailing yield: 0.9%. Lower than top quartile of Indian dividend payers (1.5%). Lower than average of industry peers (1.9%). Reported Earnings • Jul 27
Full year 2023 earnings released: EPS: ₹9.87 (vs ₹11.66 in FY 2022) Full year 2023 results: EPS: ₹9.87 (down from ₹11.66 in FY 2022). Revenue: ₹6.60b (up 36% from FY 2022). Net income: ₹537.7m (down 12% from FY 2022). Profit margin: 8.1% (down from 13% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 95% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹128, the stock trades at a trailing P/E ratio of 13.1x. Average trailing P/E is 32x in the IT industry in India. Total returns to shareholders of 731% over the past three years. New Risk • Jul 13
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.5% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Dividend is not well covered by earnings (99% payout ratio). Share price has been volatile over the past 3 months (7.5% average weekly change). Profit margins are more than 30% lower than last year (8.1% net profit margin). Market cap is less than US$100m (₹6.57b market cap, or US$80.0m). Tillkännagivande • Jul 12
Allied Digital Services Limited to Report Q1, 2024 Results on Jul 31, 2023 Allied Digital Services Limited announced that they will report Q1, 2024 results on Jul 31, 2023 Valuation Update With 7 Day Price Move • Jun 22
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to ₹106, the stock trades at a trailing P/E ratio of 10.8x. Average trailing P/E is 33x in the IT industry in India. Total returns to shareholders of 559% over the past three years. Recent Insider Transactions • Jun 10
Insider recently sold ₹2.1m worth of stock On the 2nd of June, Hubert Wong sold around 25k shares on-market at roughly ₹84.23 per share. This transaction amounted to 100% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of ₹3.4m more than they bought in the last 12 months. Reported Earnings • May 27
Full year 2023 earnings released: EPS: ₹9.79 (vs ₹11.67 in FY 2022) Full year 2023 results: EPS: ₹9.79 (down from ₹11.67 in FY 2022). Revenue: ₹6.66b (up 37% from FY 2022). Net income: ₹537.6m (down 12% from FY 2022). Profit margin: 8.1% (down from 13% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has increased by 87% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • May 19
Allied Digital Services Limited to Report Q4, 2023 Results on May 25, 2023 Allied Digital Services Limited announced that they will report Q4, 2023 results on May 25, 2023 Valuation Update With 7 Day Price Move • Apr 06
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹86.27, the stock trades at a trailing P/E ratio of 7.7x. Average trailing P/E is 24x in the IT industry in India. Total returns to shareholders of 565% over the past three years. Tillkännagivande • Feb 14
Allied Digital Services Limited Announces Demise of Prakash Dhanji, Whole-time Director Allied Digital Services Limited informed about the sad demise of Mr. Prakash Dhanji Shah, Whole-time Director (DIN: 00189842) and one of the Promoters of the Company, on Sunday, February 12, 2023. Mr. Prakash Shah was associated with the Company since its inception. He was also an individual with endless optimism and unfailing kindness. The company immensely benefitted from his vision, guidance, leadership and support during his tenure. The unexpected demise of Mr. Prakash Shah is an irreparable loss to the Company and all the Directors, Employees and Stakeholders of the Company convey deep sympathy, sorrow and condolences to his family. Reported Earnings • Feb 10
Third quarter 2023 earnings released: EPS: ₹3.54 (vs ₹1.28 in 3Q 2022) Third quarter 2023 results: EPS: ₹3.54 (up from ₹1.28 in 3Q 2022). Revenue: ₹1.76b (up 50% from 3Q 2022). Net income: ₹192.8m (up 182% from 3Q 2022). Profit margin: 11% (up from 5.8% in 3Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 46% per year but the company’s share price has increased by 67% per year, which means it is tracking significantly ahead of earnings growth. Valuation Update With 7 Day Price Move • Jan 20
Investor sentiment improved over the past week After last week's 17% share price gain to ₹104, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 26x in the IT industry in India. Total returns to shareholders of 439% over the past three years. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to ₹83.35, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 25x in the IT industry in India. Total returns to shareholders of 329% over the past three years. Recent Insider Transactions • Dec 04
Chief Financial Officer recently sold ₹1.3m worth of stock On the 29th of November, Gopal Tiwari sold around 12k shares on-market at roughly ₹104 per share. This transaction amounted to 48% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was Gopal's only on-market trade for the last 12 months. Board Change • Nov 16
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Shakti Leekha was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 09
Second quarter 2023 earnings released: EPS: ₹3.28 (vs ₹6.45 in 2Q 2022) Second quarter 2023 results: EPS: ₹3.28 (down from ₹6.45 in 2Q 2022). Revenue: ₹1.70b (up 50% from 2Q 2022). Net income: ₹178.1m (down 46% from 2Q 2022). Profit margin: 11% (down from 29% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 88% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jul 21
Allied Digital Services Limited to Report Q1, 2023 Results on Jul 28, 2022 Allied Digital Services Limited announced that they will report Q1, 2023 results on Jul 28, 2022 Upcoming Dividend • Jul 13
Upcoming dividend of ₹1.00 per share Eligible shareholders must have bought the stock before 20 July 2022. Payment date: 26 August 2022. Payout ratio is a comfortable 8.6% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Indian dividend payers (1.8%). Lower than average of industry peers (1.9%). Reported Earnings • Jul 07
Full year 2022 earnings released: EPS: ₹11.67 (vs ₹3.83 in FY 2021) Full year 2022 results: EPS: ₹11.67 (up from ₹3.83 in FY 2021). Revenue: ₹4.85b (up 35% from FY 2021). Net income: ₹610.4m (up 217% from FY 2021). Profit margin: 13% (up from 5.4% in FY 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 105% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Jun 09
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Non-Executive Independent Director Shakti Leekha was the last director to join the board, commencing their role in 2022. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • May 20
Full year 2022 earnings released: EPS: ₹11.66 (vs ₹3.83 in FY 2021) Full year 2022 results: EPS: ₹11.66 (up from ₹3.83 in FY 2021). Revenue: ₹4.87b (up 36% from FY 2021). Net income: ₹610.3m (up 217% from FY 2021). Profit margin: 13% (up from 5.4% in FY 2021). Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has increased by 109% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • May 14
Allied Digital Services Limited to Report Q4, 2022 Results on May 18, 2022 Allied Digital Services Limited announced that they will report Q4, 2022 results on May 18, 2022 Valuation Update With 7 Day Price Move • May 10
Investor sentiment deteriorated over the past week After last week's 17% share price decline to ₹127, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 788% over the past three years. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Independent Director Swanubhuti Jain was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Apr 05
Investor sentiment improved over the past week After last week's 18% share price gain to ₹132, the stock trades at a trailing P/E ratio of 14.9x. Average trailing P/E is 33x in the IT industry in India. Total returns to shareholders of 901% over the past three years. Valuation Update With 7 Day Price Move • Mar 11
Investor sentiment improved over the past week After last week's 19% share price gain to ₹123, the stock trades at a trailing P/E ratio of 13.8x. Average trailing P/E is 31x in the IT industry in India. Total returns to shareholders of 738% over the past three years. Reported Earnings • Feb 02
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹1.28 (down from ₹1.39 in 3Q 2021). Revenue: ₹1.17b (up 29% from 3Q 2021). Net income: ₹68.3m (down 1.9% from 3Q 2021). Profit margin: 5.8% (down from 7.7% in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has increased by 123% per year, which means it is tracking significantly ahead of earnings growth.