Allied Digital Services Ltd - Stock Valuation and Financial Performance

BSE: 532875 | NSE: ADSL | IT - Software | Small Cap

Allied Digital Serv. Share Price

217.60 -3.80 -1.72%
as on 12-Jul'24 16:01

DeciZen - make an informed investing decision on Allied Digital Serv.

Overall Rating
Bole Toh

1. Quality

2. Valuation

Somewhat overvalued

3. Price Trend

Allied Digital Services stock performance -

mw4me loader
P/E Ratio (SA):
54.33
Market Cap:
1,206.2 Cr.
52-wk low:
110.7
52-wk high:
239.2

Is Allied Digital Services Ltd an attractive stock to invest in?

1. Is Allied Digital Services Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Allied Digital Services Ltd is a average quality company.

2. Is Allied Digital Services Ltd undervalued or overvalued?

The key valuation ratios of Allied Digital Services Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Allied Digital Services Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Allied Digital Services Ltd is likely to Rise in the short term. However, please check the rating on Quality and Valuation before investing

10 Year X-Ray of Allied Digital Serv.:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Allied Digital Services Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 2.3%1.1%2.2%1.7%2%2.6%2%1.7%1.3%1.8%-
Value Creation
Index
-0.8-0.9-0.8-0.9-0.9-0.8-0.9-0.9-0.9-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 14912610378.174.275.293.896.2123210287
Sales YoY Gr.--16%-17.6%-24.5%-5%1.4%24.7%2.6%27.4%71.6%-
Adj EPS 1.7-0.50.4-0.21.41.41.21.30.91.34
YoY Gr.--131.6%NA-148.7%NA-0.7%-14%6.5%-31.3%40%-
BVPS (₹) 149.4145.788.488.18990.993.89489.780.785.7
Adj Net
Profit
7.8-2.51.8-0.97.27.26.26.64.96.922
Cash Flow from Ops. 7.2-0.618.322.911.821.87.212.211.635.1-
Debt/CF from Ops. 14-198.964.36.837.54.53.71.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.9%23.2%30.9%71.6%
Adj EPS -3.2%-2.6%0.8%40%
BVPS-6.6%-1.9%-4.9%-10%
Share Price 27.4% 73.4% 47.5% 69.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
1.1-0.40.3-0.21.61.61.31.411.54.8
Op. Profit
Mgn %
9.725.128.637.842.435.323.720.717.29.615
Net Profit
Mgn %
5.2-21.8-1.19.89.56.66.943.37.7
Debt to
Equity
0.20.20.30.20.20.10.10.10.10.10
Working Cap
Days
9151,1781,1411,0721,2081,2281,0291,039814415137
Cash Conv.
Cycle
61581878966262562854952142321578

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 4.80%

Sales growth is growing at healthy rate in last 3 years 30.88%

Sales growth is good in last 4 quarters at 37.38%

Net Profit has been subdued in last 3 years 0.81%

Latest Financials - Allied Digital Services Ltd.

Standalone Consolidated
TTM EPS (₹) 4 8.3
TTM Sales (₹ Cr.) 287 687
BVPS (₹.) 85.7 104.4
Reserves (₹ Cr.) 448 551
P/BV 2.54 2.08
PE 54.33 26.31
From the Market
52 Week Low / High (₹) 110.65 / 239.15
All Time Low / High (₹) 7.40 / 564.50
Market Cap (₹ Cr.) 1,206
Equity (₹ Cr.) 27.7
Face Value (₹) 5
Industry PE 35.1

Management X-Ray of Allied Digital Serv.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Allied Digital Serv.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales1491251037874759496123210
Operating Expenses 13594764943497276102190
Manufacturing Costs1362221112
Material Costs9058331461322242584
Employee Cost 25242322222531325879
Other Costs 1810131112917191725
Operating Profit 14322829312722202120
Operating Profit Margin (%) 9.7%25.1%26.7%37.3%42.4%35.3%23.7%20.7%17.2%9.6%
Other Income 331086346426
Interest 14161915596333
Depreciation 23241614161414131310
Exceptional Items 0000-340000
Profit Before Tax 9217101188813
Tax -3205520024
Profit After Tax 130025108869
PAT Margin (%) 8.6%0.3%0.4%2.3%6.7%12.8%8.4%8.1%4.6%4.4%
Adjusted EPS (₹)2.80.10.10.41.01.91.61.51.11.7
Dividend Payout Ratio (%)0%0%0%0%0%0%32%49%95%74%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 690673444442447456471477486443
Share Capital 23232525252525252727
Reserves 667650419417421431446451459415
Minority Interest0000000000
Debt1011089991806452534247
Long Term Debt0161235136553
Short Term Debt101928788755146493744
Trade Payables14131428402941341918
Others Liabilities 24364955485239394443
Total Liabilities 829830606616615602603603592550

Fixed Assets

Gross Block330335240278278278214217223247
Accumulated Depreciation86132141154169182127138150159
Net Fixed Assets244203991241099687787388
CWIP 3838380000000
Investments 152152240239238237237236157156
Inventories39383433333435353843
Trade Receivables23328212814914414216613713872
Cash Equivalents 148121218126141021
Others Assets1081095560728072103176170
Total Assets 829830606616615602603603592550

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 7-1182312227121235
PBT 13002510888-52
Adjustment 1236-20027302317141812
Changes in Working Capital -18-37220-5-23-10-17-10-1177
Tax Paid 00-1-10000-4-1
Cash Flow From Investing Activity 10192942-2-7-13
Capex -10-53000-2-4-3-12
Net Investments 190-20000000
Others 168210442-4-2
Cash Flow From Financing Activity -14-7-23-24-16-31-17-3-9-10
Net Proceeds from Shares 02-20000001
Net Proceeds from Borrowing 0000000000
Interest Paid -14-16-19-15-5-9-6-3-3-3
Dividend Paid 0000000-3-4-5
Others 07-3-9-11-22-113-2-3
Net Cash Flow 4-7415-5-98-412
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)1.870.060.080.41.122.131.71.641.182.01
ROCE (%)3.032.262.863.962.763.832.762.142.013.16
Asset Turnover Ratio0.180.150.140.130.120.120.160.160.210.37
PAT to CFO Conversion(x)0.54N/AN/A11.52.42.20.881.523.89
Working Capital Days
Receivable Days555749724647721696599574410183
Inventory Days9411112715616216213413210870
Payable Days53821465332,08698658356438181

Allied Digital Services Ltd Stock News

Allied Digital Services Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Allied Digital Serv. on 12-Jul-2024 16:01 is ₹217.6.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 12-Jul-2024 16:01 the market cap of Allied Digital Serv. stood at ₹1,206.2.
The latest P/E ratio of Allied Digital Serv. as of 12-Jul-2024 16:01 is 54.33.
The latest P/B ratio of Allied Digital Serv. as of 12-Jul-2024 16:01 is 2.54.
The 52-week high of Allied Digital Serv. is ₹239.2 and the 52-week low is ₹110.7.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Allied Digital Serv. is ₹286.6 ( Cr.) .

About Allied Digital Services Ltd

Allied Digital Services Limited (ADSL) is renowned as a leading Global IT Transformation Architect, having its operations in pan India, USA, Australia, Europe and Middle East Asia with an impeccable track record for designing, developing, deploying digital solutions and delivering end-to-end IT infrastructure services.

The Company is a public limited company incorporated and domiciled in India and has its registered office in Mumbai, India. The Company has its primary listings on the BSE and NSE in India. The company has presence in pan India and it has Subsidiary companies in USA, UK, Singapore, Australia, Ireland, Brazil, Japan and China.

Business area of the company

The company provides wide range of information technology and consultancy services including Infrastructure Services, End user IT Support, IT asset life cycle, enterprise applications and integrated solutions.

Offerings

  • Digital workplace
  • Digital infrastructure
  • Digital Application
  • Digital Security

Awards & Accolades

Financial Year 2018-2019

  • CMD - Nitin Shah received Outstanding Global Leadership Award 2019
  • Allied Digital Services - US operations excels in Customer Delight.
  • CMD - Nitin Shah awarded most Promising Entrepreneur of India.

Financial Year 2019-2020

  • Allied Digital gets Commendatory Certificate from Pune Traffic Police.
  • Allied Digital CMD - Nitin Shah was featured in the prestigious 'The Economic Times - Promising Entrepreneurs of India' Coffee Table book.
  • Allied Digital (USA) CFO - Kapil Mehta is nominated for the Los Angeles Business Journal CFO Awards 2019.

Financial Year 2020-2021

  • Allied Digital wins in the managed IT service category at CIO Choice 2021.
  • Allied Digital has been awarded SME Grade-1 (the highest credit worthiness) by the Brickworks Rating Agency.
  • CMD - Nitin Shah among the top 100 global influencers who receive the Piktale Influencers Award June 2021.
  • CMD - Nitin Shah received a Lifetime Achievement Award from the VJTI Alumni Assotiation.

Financial Year 2021-2022

  • Allied Digital CMD - Nitin Shah has been recognized as one of “The most promising business leader of Asia 2021-22”.
  • Allied Digital recognized as Best Brand 2021 by the Economic Times.
  • Allied Digital is now admitted into the New Champions program by the World Economic Forum.

Milestones

1984-1999

  • Incorporation of Allied Digital Services
  • Partnership with Dell
  • Close alliance with Microsoft, Cisco and Intel
  • Rated as one of the top 3 TPM houses of India

2000-2005

  • Close alliance with HP, IBM. Digital Data Service

2006-2009

  • Successful completion of IPO
  • Reached 132 direct locations across India
  • Acquisition of majority of Allied Digital LLC. Digicomp
  • Accreditation of ISO/IEC 27001:2005 at Mahape
  • Awarded “Best under the Billion” by Forbes for 2008
  • Successful completion of Q-I-P awarded best managed service provider - by CRN excellence awards
  • Awarded “Best under the Billion” by Forbes for 2009

2010-2012

  • Intel makes strategic investment in Allied Digital
  • En Pointe Global changes identity Allied Digital Services LLC
  • Awarded “Best under the Billion” by Forbes for 2010

2013-2016

  • Started operation in UK
  • Launch of ADiCube Service & Solutions
  • Initiated Bring Your Own Device (BYOD) strategy
  • Expanded to 40+ countries
  • Shifted to larger premises in Torrance, California
  • Smart city solutions

2017-2019

  • Cloud Partnership
  • ADiTaaS
  • CMMI Level 3
  • IoT Practice
  • Al initiatives
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