# Allied Digital Services share price today (Allied Digital Services Ltd, NSE: ADSL)

> Allied Digital Services share price today: ₹106.42 at the NSE close on 3 November 2026, down 40.7% in a year. Allied Digital Services (NSE: ADSL) is worth ₹604 crore, trades at a P/E of 15.5 and has closed between ₹91.75 and ₹173.30 over the past 52 weeks. > Allied Digital Services Ltd's earnings have grown faster than its share price. Earnings per share grew +3.4% in a year while the price moved −40.7%. ADSL · IT - Software · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/allied-digital-services-ltd

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: ₹106.42 (−40.7% in a year)
- P/E: 15.5× (lower than 52% of the last 11 years)
- Revenue (Jun 2026): ₹260 Cr (+18.7% on a year ago)
- Profit (Jun 2026): ₹12.0 Cr (−14.3% on a year ago)
- Operating margin: 9.0% (flat on a year ago)
- ROCE: 7%, FY26
- ROIC: 4.4%, against a 12.0% cost of capital: −7.6 points

The main question: yearly earnings per share moved +3.4% while the share price moved −40.7%. ## What is the Allied Digital Services share price today? Allied Digital Services Ltd's share price was ₹106.42 at the close on 3 November 2026. It has been falling for 84 weeks. That is 11.9% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹92 and ₹173, and at that close it sat 18% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row. Over the last 11 years the share price moved +153% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Allied Digital Services this quarter? One change stood out: revenue up on a year earlier for 10 quarters in a row. 1. Revenue up on a year earlier for 10 quarters in a row In the June 2026 quarter revenue was ₹260 crore, +18.7% on a year earlier. ## What are Allied Digital Services' latest quarterly results? For April to June 2026 (the quarter ended 30 June 2026), Allied Digital Services reported revenue of ₹260 crore, up 18.7% from ₹219 crore a year earlier, and a profit of ₹12.0 crore, down 14.3% from ₹14.0 crore. ### Allied Digital Services results: April to June 2026 against a year earlier

| Measure | April to June 2026 | April to June 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹260 crore | ₹219 crore | +18.7% |
| Profit | ₹12.0 crore | ₹14.0 crore | −14.3% |
| Earnings per share | ₹2.19 | ₹2.56 | −14.5% |
| Operating margin | 9.0% | 9.0% | 0.0 points |

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). Allied Digital Services' management discussed these results on a call held on 28 September 2026; what it said is further down this page. (From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.)

## What is the Allied Digital Services share price history? Allied Digital Services closed at ₹106.42 on 3 November 2026, down 40.7% from ₹179.55 a year earlier (31 October 2025) and up 18.4% over five years. Its highest weekly close since March 2016 was ₹294.85 on 6 September 2024. ### Allied Digital Services share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹94.70 | +12.4% |
| 1 month ago · 1 Oct 2026 | ₹106.55 | −0.1% |
| 6 months ago · 30 Apr 2026 | ₹114.34 | −6.9% |
| 1 year ago · 31 Oct 2025 | ₹179.55 | −40.7% |
| 3 years ago · 3 Nov 2023 | ₹118.55 | −10.2% |
| 5 years ago · 4 Nov 2021 | ₹89.90 | +18.4% |
| 10 years ago · 4 Nov 2016 | ₹31.15 | +241.6% |
| Earliest weekly close in our records · 11 Mar 2016 | ₹42.00 | +153.4% |
| Highest weekly close since March 2016 · 6 Sep 2024 | ₹294.85 | −63.9% |
| Lowest weekly close since March 2016 · 15 Feb 2019 | ₹10.51 | +912.6% |
| 52-week high (weekly close) · 7 Nov 2025 | ₹173.30 | −38.6% |
| 52-week low (weekly close) · 27 Mar 2026 | ₹91.75 | +16.0% |

Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (560 weekly closes from 11 March 2016 to 3 November 2026.)

## What is the latest news on Allied Digital Services? 3 Nov 2026: Allied Digital Services closed at ₹106.42, up 12.4% on the week and down 0.1% on the month. 28 Sep 2026: Allied Digital Services held its results call for April to June 2026. Management guided: 10x growth over the next 10 years, approximately 20% year-over-year over 8-10 years. ### Earlier

- 28 Aug 2026: ex-date for a dividend of ₹1.50 a share. - Results for April to June 2026: Revenue up 18.7% and profit down 14.3% on a year earlier. ## What dividend does Allied Digital Services pay? Allied Digital Services paid ₹1.50 a share in regular dividends in the 12 months to 4 November 2026 (1 payment), a yield of 1.41% at the ₹106.42 close on 3 November 2026. The last was a dividend of ₹1.50 a share, ex-date 28 August 2026. ### Allied Digital Services dividends since 1 April 2021

| Ex-date | Dividend per share | Type | Record date |
| --- | --- | --- | --- |
| 28 Aug 2026 | ₹1.50 | Dividend | same day |
| 4 Sep 2025 | ₹1.50 | Dividend | 5 Sep 2025 |
| 2 Aug 2024 | ₹1.50 | Dividend | same day |
| 10 Aug 2023 | ₹1.25 | Dividend | n/a |
| 20 Jul 2022 | ₹1 | Dividend | n/a |
| 3 Sep 2021 | ₹0.75 | Dividend | 6 Sep 2021 |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record

Yes. Allied Digital Services Ltd paid out 29% of its profit as dividends in FY26, and it paid a dividend in 7 of its last 13 reported years. (From the NSE corporate-actions record, read 4 November 2026.)

## What did Allied Digital Services management say on the latest results call? On the call for April to June 2026, held on 28 September 2026, Allied Digital Services' management guided: 10x growth over the next 10 years, approximately 20% year-over-year over 8-10 years. > “We should be able to grow at approximately 15-20% from a top-line perspective. Our EBITDA margin should reach somewhere between 11% and 13% over the next 2 years.”
> Nehal Shah, Joint Managing Director, on the call for April to June 2026

### What management guided

- Services portfolio growth of 15-20%. - Consolidated top-line growth of 15-20% over the next 2 years. - Operating margin of 11-13% over the next 2 years, progressing toward 12.5-13%. - Government RFP activity and new project announcements over the next 2 quarters as hardware prices normalize. Management’s own plans and goals, from our notes of the call. A plan is not a result. Source: [the call transcript](https://files.tijoristack.ai/concall/transcript/4756-28-Sep-2026.pdf). (From the call for April to June 2026, 28 September 2026.)

## What to watch in Allied Digital Services' next results? When Allied Digital Services reports July to September 2026, these are the 3 checks that show whether the story is still on course. First: Services growth and solutions-to-O&M conversion - check recurring revenue progression against the stated portfolio trajectory. - What to check (from the call)
- Services growth and solutions-to-O&M conversion - check recurring revenue progression against the stated portfolio trajectory. - Safe City pipeline conversion - check new RFP awards across the named cities and regions. - AI auto-resolution rollout and first quantified ROI disclosure - check evidence beyond auto-detection and auto-assignment. ## Which stock lists is Allied Digital Services on? Allied Digital Services is on one of our India lists: IT stocks. [IT stocks Market value (₹ crore): 602.8505747126437](https://www.sectoralpha.in/sectors/it-stocks-india)

## Is Allied Digital Services profitable? Allied Digital Services Ltd earned ₹12.0 Cr of net profit in the Jun 2026 quarter, −14.3% on the same quarter a year earlier. Full-year FY26 profit was ₹36.0 Cr. Over 10 years profit has grown 24.6% a year on average. That is 4.6% of the quarter's revenue. The same quarter a year earlier earned ₹14.0 Cr. 2 of the last 12 reported quarters were loss-making. For the full year, FY26 profit was ₹36.0 Cr (+12.5% on the year before). Why profit moved: revenue changed +18.7% on a year earlier and the margin moved +0.0 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed −3.8% and revenue +19.3%. Profit is growing slower than sales: rising costs are taking part of the growth. ## How much revenue does Allied Digital Services make, and is it growing? Allied Digital Services Ltd reported ₹260 Cr of revenue in the Jun 2026 quarter, +18.7% on the same quarter a year earlier. That is the 10th quarter in a row with growth on the year before. Over 10 years it has grown 15.1% a year on average. The last full year, FY26, came in at ₹968 Cr. The last four reported quarters add to ₹1,009 Cr. FY26 revenue was ₹968 Cr, +20.0% on the year before. Recent pace: the last four quarters grew +19.3% on average, against 15.1% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew +19.1%, against +20.3% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +5.6%, against −10.1% a year (accelerating). ## How much of every ₹100 of sales does Allied Digital Services keep? Allied Digital Services Ltd's operating margin was 9.0% in the Jun 2026 quarter, about the same as the same quarter a year ago. Across 13 years it has been between 6.0% and 21.0%. The latest quarter is within that range. In the latest quarter it moved +0.0 percentage points on the same quarter a year ago. Why the margin moved: operating margin changed +0.1 percentage points on the year while gross margin changed −2.2 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Allied Digital Services' profit turning into cash? Over the last 3 years, 71% of Allied Digital Services Ltd's reported profit came in as cash from its operations, so most of the profit is real cash. In FY26 its operations used ₹79.0 Cr of cash, against ₹36.0 Cr of profit. After ₹6.0 Cr of spending on assets, free cash was −₹85.0 Cr: it spent more than its operations brought in. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why 71% of profit came in as cash: the cash cycle got 67 days shorter between FY21 and FY26, so cash that used to wait in the business now arrives sooner. What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets. ## Where does Allied Digital Services' cash go? Allied Digital Services Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 51 days in FY26, down from 118 days in FY21. It spent ₹58.0 Cr on assets over the last 3 years. Customers take 121 days to pay, and stock sits for 31 days on average. At FY26 sales of ₹968 Cr, each day of that cycle ties up about ₹2.7 Cr, so roughly ₹135 Cr is tied up in the business at any time. FY26: customers took 121 days to pay and stock sat for 31 days, about 1.0 months of sales sitting as stock, for a full cycle of 51 days, shorter than FY21's 118. The full loop: cash goes out to suppliers and production on day 0. Stock sits for 31 days. Customers pay about 121 days after that. Suppliers are paid at 101 days. Together that makes the 51-day cycle. Spending on assets: ₹58.0 Cr over the last 3 years, against ₹66.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹9.0 Cr (FY26): assets paid for that are not earning yet. In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean. ## What is Allied Digital Services' P/E ratio, and how does it compare with its own history? Allied Digital Services Ltd's P/E is 15.5×, in the middle of its own history: higher than 48% of past readings. Its usual P/E (the middle reading) is 16.0×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹6.78. Why the multiple is where it is: over the past year earnings per share moved +3.4% while the price moved −40.7%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +3.4% a year; about +13.8% a year came from earnings growth and about −10.4 percentage points from the multiple (the market paying less); over 10 years the price moved +13.1% a year; about +14.5% a year came from earnings growth and about −1.4 percentage points from the multiple (the market paying less). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Allied Digital Services business getting better or worse? Allied Digital Services Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE falling at 7.9%; each line tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Allied Digital Services earn on its capital? Allied Digital Services Ltd earned a ROCE of 7% in FY26. That is up from a low of 2% in FY15. Its return on capital used (ROIC) is 7.6 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 3.7% net margin and 0.91× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 3.7% net margin × 0.91× asset turnover × 1.73× leverage (assets divided by equity) ≈ 5.8% on equity. The margin does its share; borrowing is a big part of it. The key test, return on capital used minus the cost of capital: 4.4% − 12.0% = −7.6 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. ## Does Allied Digital Services have too much debt? Allied Digital Services Ltd has total debt of ₹136 Cr against shareholder equity of ₹671 Cr as of Jun 2026, so its debt is 0.20× its equity, which is very little. Year by year, that ratio went from 0.08 in FY22 to 0.20 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Allied Digital Services shareholding pattern? Foreign institutions cut their stake in Allied Digital Services Ltd by 1.9 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 0.1% of the company. Promoters moved −0.8 points over the same period, to 50.9%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −1.9 points over 8 quarters, to 0.1%; Promoters: −0.8 points over 8 quarters, to 50.9%; Domestic institutions: +0.0 points over 8 quarters, to 0.0%. Why the owners changed: foreign institutions drove it (−1.9 points), together with promoters (−0.8 points). They reduced their stake. ## How far is Allied Digital Services from balance-sheet trouble? For Allied Digital Services Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Allied Digital Services rank in its industry? 41.1 out of 100, rank 47 of 69 in IT - Software, with 74% of the evidence available. Allied Digital Services Ltd scores 41.1 out of 100 against the 69 companies it is compared with in IT - Software, ranking 47. The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. The four parts add up to the total exactly: 13.9 + 3.6 + 14.9 + 8.7 = 41.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Allied Digital Services compared with? Allied Digital Services ranks 47 of 69 IT - Software companies on the 4-Factor Sector Score, with 41.1 out of 100. 1. [Coforge Ltd](https://www.sectoralpha.in/stocks/coforge-ltd) COFORGE · leader · Most evidence points up · 100% evidence 69.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.4/35 · Revenue 41.5% · Profit 56.3% · Operating margin change 1 points · 100% evidence Capital efficiency 16.5/25 · ROCE 23.5% · Operating margin 20% · 100% evidence Valuation 11.3/20 · P/E 41.7× · PEG 0.57 · 100% evidence Relative strength 18.5/20 · Lead over its industry 24.5% · Lead over NIFTY 500 35.5% · 1 year 15% · 100% evidence · 12 of 12 weeks ahead Exact sum: 23.4 + 16.5 + 11.3 + 18.5 = 69.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Expleo Solutions Ltd](https://www.sectoralpha.in/stocks/expleo-solutions-ltd) EXPLEOSOL · breaking out · Most evidence points up · 81% evidence 68.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.6/35 · Revenue 10.4% · Profit 39.4% · Operating margin change 4 points · 88% evidence Capital efficiency 15.4/25 · ROCE 24.2% · Operating margin 15% · 100% evidence Valuation 18.7/20 · P/E 8.5× · PEG 0.33 · 100% evidence Relative strength 9.6/20 · Lead over its industry n/a · Lead over NIFTY 500 -2.7% · 1 year -20.7% · 25% evidence · 8 of 12 weeks ahead Exact sum: 24.6 + 15.4 + 18.7 + 9.6 = 68.3 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [Cigniti Technologies Ltd](https://www.sectoralpha.in/stocks/cigniti-technologies-ltd) CIGNITITEC · Too little evidence to rank firmly · 55% evidence 68.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 27.8/43.75 · Revenue 14% · Profit 96.1% · Operating margin change 2 points · 47% evidence Capital efficiency 20.9/31.25 · ROCE 34.1% · Operating margin 18% · 75% evidence Valuation 19.5/25 · P/E 11.4× · PEG 0.74 · 100% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 27.8 + 20.9 + 19.5 = 68.2 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 4. [Metalic Technoforge Ltd](https://www.sectoralpha.in/stocks/metalic-technoforge-ltd) META · turning · Too little evidence to rank firmly · 51% evidence 67.3 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 32.8/43.75 · Revenue 100% · Profit 100% · Operating margin change 0 points · 83% evidence Capital efficiency 20.2/31.25 · ROCE 44% · Operating margin 11% · 76% evidence Valuation 14.3/25 · P/E 6.6× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 32.8 + 20.2 + 14.3 = 67.3 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 5. [Sahana Systems Ltd](https://www.sectoralpha.in/stocks/sahana-systems-ltd) SAHANA · leader · Too little evidence to rank firmly · 54% evidence 66.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.4/35 · Revenue 100% · Profit 100% · Operating margin change -3 points · 27% evidence Capital efficiency 18.4/25 · ROCE 39.8% · Operating margin 29% · 57% evidence Valuation 12.0/20 · P/E 14.5× · PEG n/a · 50% evidence Relative strength 17.2/20 · Lead over its industry 12.3% · Lead over NIFTY 500 22.7% · 1 year 5.7% · 100% evidence · 12 of 12 weeks ahead Exact sum: 18.4 + 18.4 + 12 + 17.2 = 66 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Silver Touch Technologies Ltd](https://www.sectoralpha.in/stocks/silver-touch-technologies-ltd) SILVERTUC · quiet · Most evidence points up · 100% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 29.9/35 · Revenue 21.7% · Profit 88% · Operating margin change 5 points · 100% evidence Capital efficiency 21.3/25 · ROCE 29.8% · Operating margin 21% · 100% evidence Valuation 11.2/20 · P/E 31.6× · PEG 1.11 · 100% evidence Relative strength 3.0/20 · Lead over its industry -21.7% · Lead over NIFTY 500 -13.9% · 1 year 52.9% · 100% evidence · 2 of 12 weeks ahead Exact sum: 29.9 + 21.3 + 11.2 + 3 = 65.4 · What this means: Earnings are strong; relative strength in its sector is -21.7% and the one-year return is 52.9%. 7. [NINtec Systems Ltd](https://www.sectoralpha.in/stocks/nintec-systems-ltd) NINSYS · turning · Most evidence points up · 93% evidence 65.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.2/35 · Revenue 18.8% · Profit 23.3% · Operating margin change 2 points · 100% evidence Capital efficiency 22.4/25 · ROCE 54% · Operating margin 27% · 100% evidence Valuation 6.6/20 · P/E 48.1× · PEG 2.08 · 65% evidence Relative strength 18.2/20 · Lead over its industry 57.5% · Lead over NIFTY 500 70.4% · 1 year 113.7% · 100% evidence · 4 of 12 weeks ahead Exact sum: 18.2 + 22.4 + 6.6 + 18.2 = 65.4 · What this means: A strong business with a high valuation: it would need rising earnings, or a lower multiple, to score better on value. 8. [Unified Data- Tech Solutions Ltd](https://www.sectoralpha.in/stocks/unified-data-tech-solutions-ltd) breaking out · Too little evidence to rank firmly · 56% evidence 63.4 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 17.0/35 · Revenue n/a · Profit n/a · Operating margin change 2 points · 26% evidence Capital efficiency 18.4/25 · ROCE 34.1% · Operating margin 15% · 95% evidence Valuation 10.2/20 · P/E 17.3× · PEG n/a · 15% evidence Relative strength 17.8/20 · Lead over its industry 11.5% · Lead over NIFTY 500 22% · 1 year -7.6% · 100% evidence · 8 of 12 weeks ahead Exact sum: 17 + 18.4 + 10.2 + 17.8 = 63.4 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 9. [ASM Technologies Ltd](https://www.sectoralpha.in/stocks/asm-technologies-ltd) leader · Evidence leans up · 61% evidence 63.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 26.1/35 · Revenue 67.8% · Profit 89.5% · Operating margin change 2 points · 83% evidence Capital efficiency 16.0/25 · ROCE 27% · Operating margin 23% · 95% evidence Valuation 8.7/20 · P/E 124× · PEG n/a · 15% evidence Relative strength 12.3/20 · Lead over its industry n/a · Lead over NIFTY 500 66.2% · 1 year 78.6% · 25% evidence · 12 of 12 weeks ahead Exact sum: 26.1 + 16 + 8.7 + 12.3 = 63.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 10. [Tanla Platforms Ltd](https://www.sectoralpha.in/stocks/tanla-platforms-ltd) TANLA · turning · Evidence leans up · 85% evidence 62.8 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 18.7/35 · Revenue 17.7% · Profit 15.4% · Operating margin change 0 points · 100% evidence Capital efficiency 18.4/25 · ROCE 26.3% · Operating margin 16% · 100% evidence Valuation 14.0/20 · P/E 15× · PEG 1.07 · 100% evidence Relative strength 11.7/20 · Lead over its industry n/a · Lead over NIFTY 500 26.7% · 1 year 2.8% · 25% evidence · 3 of 12 weeks ahead Exact sum: 18.7 + 18.4 + 14 + 11.7 = 62.8 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 11. [String Metaverse Ltd](https://www.sectoralpha.in/stocks/string-metaverse-ltd) breaking out · Evidence leans up · 83% evidence 62.5 out of 100 Growth Capital Valuation Relative
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16. [Tata Consultancy Services Ltd](https://www.sectoralpha.in/stocks/tata-consultancy-services-ltd) TCS · breaking out · Evidence leans up · 100% evidence 60.9 out of 100 Growth Capital Valuation Relative
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18. [Birlasoft Ltd](https://www.sectoralpha.in/stocks/birlasoft-ltd) BSOFT · breaking out · Evidence leans up · 100% evidence 59.6 out of 100 Growth Capital Valuation Relative
19. [Seshaasai Technologies Ltd](https://www.sectoralpha.in/stocks/seshaasai-technologies-ltd) STYL · quiet · Evidence leans up · 68% evidence 59.6 out of 100 Growth Capital Valuation Relative
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24. [R Systems International Ltd](https://www.sectoralpha.in/stocks/r-systems-international-ltd) RSYSTEMS · losing its lead · Evidence leans up · 96% evidence 57.1 out of 100 Growth Capital Valuation Relative
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28. [Subex Ltd](https://www.sectoralpha.in/stocks/subex-ltd) SUBEXLTD · breaking out · Evidence leans up · 64% evidence 54.2 out of 100 Growth Capital Valuation Relative
29. [Ksolves India Ltd](https://www.sectoralpha.in/stocks/ksolves-india-ltd) KSOLVES · quiet · Evidence leans up · 100% evidence 52.8 out of 100 Growth Capital Valuation Relative
30. [Capillary Technologies India Ltd](https://www.sectoralpha.in/stocks/capillary-technologies-india-ltd) CAPILLARY · breaking out · Too little evidence to rank firmly · 59% evidence 52.6 out of 100 Growth Capital Valuation Relative
31. [LTM Ltd](https://www.sectoralpha.in/stocks/ltm-ltd) LTM · losing its lead · Evidence leans up · 100% evidence 51.2 out of 100 Growth Capital Valuation Relative
32. [TechNVision Ventures Ltd](https://www.sectoralpha.in/stocks/technvision-ventures-ltd) TECHNVISN · quiet · Evidence leans up · 64% evidence 51.2 out of 100 Growth Capital Valuation Relative
33. [Saksoft Ltd](https://www.sectoralpha.in/stocks/saksoft-ltd) SAKSOFT · basing · Evidence leans up · 96% evidence 50.9 out of 100 Growth Capital Valuation Relative
34. [BLS E-Services Ltd](https://www.sectoralpha.in/stocks/bls-e-services-ltd) BLSE · leader · Evidence leans up · 78% evidence 50.5 out of 100 Growth Capital Valuation Relative
35. [Mphasis Ltd](https://www.sectoralpha.in/stocks/mphasis-ltd) MPHASIS · breaking out · Evidence leans up · 81% evidence 50.4 out of 100 Growth Capital Valuation Relative
36. [Excelsoft Technologies Ltd](https://www.sectoralpha.in/stocks/excelsoft-technologies-ltd) EXCELSOFT · breaking out · Too little evidence to rank firmly · 59% evidence 50.3 out of 100 Growth Capital Valuation Relative
37. [Blue Cloud Softech Solutions Ltd](https://www.sectoralpha.in/stocks/blue-cloud-softech-solutions-ltd) BLUECLOUDS · turning · Evidence leans down · 64% evidence 49.9 out of 100 Growth Capital Valuation Relative
38. [ACS Technologies Ltd](https://www.sectoralpha.in/stocks/acs-technologies-ltd) ACSTECH · Evidence leans down · 74% evidence 49.5 out of 100 Growth Capital Valuation Relative
39. [Magellanic Cloud Ltd](https://www.sectoralpha.in/stocks/magellanic-cloud-ltd) MCLOUD · basing · Evidence leans down · 81% evidence 49.2 out of 100 Growth Capital Valuation Relative
40. [Dynacons Systems & Solutions Ltd](https://www.sectoralpha.in/stocks/dynacons-systems-solutions-ltd) DSSL · quiet · Evidence leans down · 96% evidence 48.6 out of 100 Growth Capital Valuation Relative
41. [IZMO Ltd](https://www.sectoralpha.in/stocks/izmo-ltd) IZMO · quiet · Evidence leans down · 81% evidence 48.0 out of 100 Growth Capital Valuation Relative
42. [Mastek Ltd](https://www.sectoralpha.in/stocks/mastek-ltd) MASTEK · quiet · Evidence leans down · 100% evidence 47.1 out of 100 Growth Capital Valuation Relative
43. [Sonata Software Ltd](https://www.sectoralpha.in/stocks/sonata-software-ltd) SONATSOFTW · quiet · Evidence leans down · 96% evidence 46.9 out of 100 Growth Capital Valuation Relative
44. [AvenuesAI Ltd](https://www.sectoralpha.in/stocks/avenuesai-ltd) CCAVENUE · quiet · Evidence leans down · 89% evidence 44.8 out of 100 Growth Capital Valuation Relative
45. [Unicommerce eSolutions Ltd](https://www.sectoralpha.in/stocks/unicommerce-esolutions-ltd) UNIECOM · turning · Evidence leans down · 78% evidence 44.6 out of 100 Growth Capital Valuation Relative
46. [Hexaware Technologies Ltd](https://www.sectoralpha.in/stocks/hexaware-technologies-ltd) HEXT · basing · Evidence leans down · 85% evidence 42.0 out of 100 Growth Capital Valuation Relative
47. Allied Digital Services Ltd this page ADSL · basing · Evidence leans down · 74% evidence 41.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 13.9/35 · Revenue 19.1% · Profit 5.6% · Operating margin change 0 points · 88% evidence Capital efficiency 3.6/25 · ROCE 7.4% · Operating margin 9% · 100% evidence Valuation 14.9/20 · P/E 15.3× · PEG 0.48 · 65% evidence Relative strength 8.7/20 · Lead over its industry n/a · Lead over NIFTY 500 -10.3% · 1 year -41.5% · 25% evidence · 0 of 12 weeks ahead Exact sum: 13.9 + 3.6 + 14.9 + 8.7 = 41.1 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 48. [Hypersoft Technologies Ltd](https://www.sectoralpha.in/stocks/hypersoft-technologies-ltd) quiet · Evidence leans down · 80% evidence 40.9 out of 100 Growth Capital Valuation Relative
49. [Kellton Tech Solutions Ltd](https://www.sectoralpha.in/stocks/kellton-tech-solutions-ltd) KELLTONTEC · quiet · Evidence leans down · 96% evidence 39.0 out of 100 Growth Capital Valuation Relative
50. [3i Infotech Ltd](https://www.sectoralpha.in/stocks/3i-infotech-ltd) 3IINFOLTD · Too little evidence to rank firmly · 58% evidence 38.9 out of 100 Growth Capital Valuation Relative
51. [Innovana Thinklabs Ltd](https://www.sectoralpha.in/stocks/innovana-thinklabs-ltd) INNOVANA · basing · Evidence leans down · 81% evidence 37.6 out of 100 Growth Capital Valuation Relative
52. [Mindteck (India) Ltd](https://www.sectoralpha.in/stocks/mindteck-indialtd) MINDTECK · Most evidence points down · 76% evidence 32.8 out of 100 Growth Capital Valuation Relative
53. [Aurionpro Solutions Ltd](https://www.sectoralpha.in/stocks/aurionpro-solutions-ltd) AURIONPRO · basing · Most evidence points down · 93% evidence 29.7 out of 100 Growth Capital Valuation Relative
54. [Moschip Technologies Ltd](https://www.sectoralpha.in/stocks/moschip-technologies-ltd) MOSCHIP · quiet · Most evidence points down · 65% evidence 26.1 out of 100 Growth Capital Valuation Relative
55. [Quick Heal Technologies Ltd](https://www.sectoralpha.in/stocks/quick-heal-technologies-ltd) QUICKHEAL · turning · Most evidence points down · 80% evidence 22.9 out of 100 Growth Capital Valuation Relative
56. Orient Technologies Ltd ORIENTTECH · quiet · Most evidence points down · 76% evidence 21.2 out of 100 Growth Capital Valuation Relative
57. [Covance Softsol Ltd](https://www.sectoralpha.in/stocks/covance-softsol-ltd) Too little evidence to rank firmly · 31% evidence 62.9 out of 100 Growth Capital Valuation Relative
58. [Exato Technologies Ltd](https://www.sectoralpha.in/stocks/exato-technologies-ltd) losing its lead · Too little evidence to rank firmly · 43% evidence 59.3 out of 100 Growth Capital Valuation Relative
59. [TAC Infosec Ltd](https://www.sectoralpha.in/stocks/tac-infosec-ltd) TAC · quiet · Too little evidence to rank firmly · 48% evidence 58.5 out of 100 Growth Capital Valuation Relative
60. [Veefin Solutions Ltd](https://www.sectoralpha.in/stocks/veefin-solutions-ltd) VEEFIN · basing · Too little evidence to rank firmly · 43% evidence 54.2 out of 100 Growth Capital Valuation Relative
61. [Kody Technolab Ltd](https://www.sectoralpha.in/stocks/kody-technolab-ltd) KODYTECH · leader · Too little evidence to rank firmly · 35% evidence 53.5 out of 100 Growth Capital Valuation Relative
62. [Optivalue Tek Consulting Ltd](https://www.sectoralpha.in/stocks/optivalue-tek-consulting-ltd) OPTIVALUE · Too little evidence to rank firmly · 32% evidence 51.4 out of 100 Growth Capital Valuation Relative
63. [Workmates Core2cloud Solution Ltd](https://www.sectoralpha.in/stocks/workmates-core2cloud-solution-ltd) Too little evidence to rank firmly · 26% evidence 50.7 out of 100 Growth Capital Valuation Relative
64. [Trident Techlabs Ltd](https://www.sectoralpha.in/stocks/trident-techlabs-ltd) TECHLABS · Too little evidence to rank firmly · 27% evidence 47.6 out of 100 Growth Capital Valuation Relative
65. [ERP Soft Systems Ltd](https://www.sectoralpha.in/stocks/erp-soft-systems-ltd) Too little evidence to rank firmly · 36% evidence 46.7 out of 100 Growth Capital Valuation Relative
66. [Sancode Technologies Ltd](https://www.sectoralpha.in/stocks/sancode-technologies-ltd) Too little evidence to rank firmly · 35% evidence 46.6 out of 100 Growth Capital Valuation Relative
67. [63 Moons Technologies Ltd](https://www.sectoralpha.in/stocks/63-moons-technologies-ltd) 63MOONS · leader · Too little evidence to rank firmly · 46% evidence 45.6 out of 100 Growth Capital Valuation Relative
68. [XT Global Infotech Ltd](https://www.sectoralpha.in/stocks/xt-global-infotech-ltd) XTGLOBAL · Too little evidence to rank firmly · 40% evidence 45.4 out of 100 Growth Capital Valuation Relative
69. [IDream Film Infrastructure Company Ltd](https://www.sectoralpha.in/stocks/idream-film-infrastructure-company-ltd) quiet · Too little evidence to rank firmly · 42% evidence 34.9 out of 100 Growth Capital Valuation Relative

Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [IT - Software](https://www.sectoralpha.in/sectors/it-software), all 69 compared on one page. ## Which companies are close to Allied Digital Services in size? Allied Digital Services is the 55th largest of 68 IT - Software companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Veefin Solutions, Innovana Thinklabs and Danlaw Technologies India. Just below it: Kellton Tech Solutions, Softtech Engineers and Exato Technologies. ### IT - Software companies close in size

1. [Veefin Solutions Ltd](https://www.sectoralpha.in/stocks/veefin-solutions-ltd) ₹611 crore
2. [Innovana Thinklabs Ltd](https://www.sectoralpha.in/stocks/innovana-thinklabs-ltd) ₹605 crore
3. [Danlaw Technologies India Ltd](https://www.sectoralpha.in/stocks/danlaw-technologies-india-ltd) ₹603 crore
4. Allied Digital Services Ltd ₹596 crore
5. [Kellton Tech Solutions Ltd](https://www.sectoralpha.in/stocks/kellton-tech-solutions-ltd) ₹579 crore
6. [Softtech Engineers Ltd](https://www.sectoralpha.in/stocks/softtech-engineers-ltd) ₹574 crore
7. [Exato Technologies Ltd](https://www.sectoralpha.in/stocks/exato-technologies-ltd) ₹568 crore

[All 68 IT - Software companies, largest first](https://www.sectoralpha.in/sectors/it-software#all-companies)

### Companies close in size in other industries

1. [Bai-Kakaji Polymers Ltd](https://www.sectoralpha.in/stocks/bai-kakaji-polymers-ltd) ₹597 crore · Plastics - Others
2. [OSEL Devices Ltd](https://www.sectoralpha.in/stocks/osel-devices-ltd) ₹597 crore · Electronics - Others
3. Allied Digital Services Ltd ₹596 crore
4. [HP Telecom India Ltd](https://www.sectoralpha.in/stocks/hp-telecom-india-ltd) ₹595 crore · Trading
5. [Aditya Birla Money Ltd](https://www.sectoralpha.in/stocks/aditya-birla-money-ltd) ₹594 crore · Finance - Capital Markets

## What else do people ask about Allied Digital Services? ### What is Allied Digital Services's share price today? Allied Digital Services Ltd's share price is ₹106.42, −40.7% over the past year. The whole company is worth ₹604 Cr on the market. In the last 52 weeks it traded between ₹92 to ₹173; today it is 18% of the way up from the low, 11.9% below its 200-day average (as of 3 November 2026). ### What were Allied Digital Services's latest quarterly results? Allied Digital Services Ltd reported revenue of ₹260 Cr and net profit of ₹12.0 Cr for the Jun 2026 quarter. Revenue rose 18.7% and profit fell 14.3% compared with a year earlier. Earnings per share were ₹2.19. The operating margin was 9.0%, 0.0 percentage points higher than a year earlier (as of 3 November 2026). ### What is Allied Digital Services's market cap? Allied Digital Services Ltd's market capitalisation is ₹604 Cr at a share price of ₹106.42. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Allied Digital Services performing? Allied Digital Services Ltd's share price has been falling for 84 weeks. In its latest quarter, revenue rose 18.7% and profit fell 14.3% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will Allied Digital Services's share price go up? This page does not forecast Allied Digital Services Ltd's share price. What it shows instead: the share price is ₹106.42, and it has been falling for 84 weeks. Its P/E of 15.5× is higher than 48% of its own last 11 years (as of 3 November 2026). ### Who owns Allied Digital Services? Promoters own 50.9% of Allied Digital Services Ltd, foreign institutions 0.1%, domestic institutions 0.0% and the public 48.9% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 1.9 percentage points over 8 quarters (as of 3 November 2026). ### Does Allied Digital Services have too much debt? No, Allied Digital Services Ltd has little debt: its debt is 0.22× its equity, and its operating profit is 5 times its interest bill. FY26 borrowings were ₹136 Cr against equity of ₹613 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Allied Digital Services in its business cycle? Allied Digital Services Ltd's FY26 operating margin was 6.0%, against a 13-year range of 6.0% to 21.0%: the low end of its own range, which is often where recoveries start. The latest quarter was 9.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Allied Digital Services story? The main question: yearly earnings per share moved +3.4% while the share price moved −40.7%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Allied Digital Services a stock worth studying right now? What the numbers show: Allied Digital Services Ltd's earnings have grown faster than its share price. Earnings per share grew +3.4% in a year while the price moved −40.7%. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ### Is there a Allied Digital Services share price forecast for 2026? What management itself guided: 10x growth over the next 10 years, approximately 20% year-over-year over 8-10 years. ## Lists

- IT stocks: https://www.sectoralpha.in/sectors/it-stocks-india

This is research, not advice. We’re not SEBI-registered.