Allied Digital

Mumbai, India Founded: 1984 • Age: 42 yrs Listed
End-to-end IT infrastructure services are provided globally.

About Allied Digital

Allied Digital is a publicly listed company based in Mumbai (India) founded in 1984. End-to-end IT infrastructure services are provided globally. The company has 1,780 employees. Its website allieddigital.net draws about 24 thousand monthly visits. Its Indian entity Allied Digital Services Limited reported revenue of β‚Ή989 Cr. Its focus areas include Business Services, IT Services and Suite. Its competitors include Happiest Minds, GirnarSOFT and Datamatics; 3 of its 3 listed competitors have raised funding.

Company details

Allied Digital was founded in 1984 and is headquartered in Mumbai, India. End-to-end infrastructure services in the IT sector are delivered, including design, development, deployment, and management. Operations extend across 35 countries on 5 continents, with offerings such as hosting, monitoring, optimization, and modernization. A partnership with Dell was formed in 1996, and ISO 9001:2000 accreditation was achieved in 1999.

  • Headquarters Mumbai, India
  • Employees 1,780
  • Stage Public
  • Sectors
    Technology
  • Website category Computers Electronics and Technology · Telecommunications
  • Website allieddigital.net
  • Social LinkedIn X Facebook
  • Legal Name Allied Digital Services Limited
Operational Areas
Key Metrics
  • Market Cap
    ₹552 Cr

    ADSL · NSE

  • Share Price
    ₹95.00

    -2.49% today

  • Revenue
    ₹968 Cr

    FY 2025-26 · +19.9% YoY

  • EBITDA
    ₹55.20 Cr

    Margin 5.7%

  • Net Profit
    ₹29.38 Cr

    FY 2025-26 · -7.8% YoY

  • P/E (TTM)
    15.1x

    P/B 1.0x

  • ROE
    5.8%

    ROCE 7.6%

  • Debt / Equity
    0.19

    Interest cover 34.9x

  • Latest Funding Round
    $7.12M (USD), Post-IPO

    Sep 2010

  • Investors
  • Employee Count
    1,780

Funding Insights of Allied Digital

  • Total Rounds 2
  • Last Round Post-IPO β€” $7.12M
  • First Round $47.76M

    (Oct 2009)

  • Investors Count 1

All 2 funding rounds of Allied Digital with amounts and investors; the two latest post-money valuations are shown, the rest are part of the premium plan.

DateAmountTransaction NameValuationLead InvestorsInvestors
Sep 2010$7.12MPost-IPO––
Oct 2009$47.76MPost-IPO––
–
Valuation history

1 investors in total: 1 institutional.

Investors in Allied Digital

Allied Digital has secured backing from 1 investor, including venture fund investors. Prominent investors backing the company include Intel Capital.

All
Venture Fund
InvestorDescriptionFounded YearDomainLocation
Investment in technology startups focusing on compute, AI, and related innovations.
intelcapital.com
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Investor details for Allied Digital

The complete investor list, round-by-round participation and investor portfolios require an active premium plan.

  • Complete investor list
  • Round participation
  • Investor portfolios
  • Co-investor network

Verified entity values are shown only after access is granted.

Board of directors of Allied Digital Services Limited (Allied Digital)

Allied Digital Services Limited is the primary company behind Allied Digital. The board of Allied Digital Services Limited currently have 10 directors; the longest-serving is Nitin Dhanji Shah, appointed in 1995. 13 earlier directors have ceased.

DirectorDesignationAppointedTenureEntity
Nitin Dhanji Shah
DIN 00189903
Managing Director10 Feb 199531 yrs 8 moAllied Digital Services Limited
Nehal Nitin Shah
DIN 02766841
Managing Director30 Jul 20188 yrs 2 moAllied Digital Services Limited
Milind Madhav Kamat
DIN 01772084
Director11 Jun 20206 yrs 4 moAllied Digital Services Limited
Swanubhuti Jain
DIN 09006117
Director30 Jul 20215 yrs 2 moAllied Digital Services Limited
Sunil Vasudev Bhatt
DIN 09243963
Director30 Jul 20215 yrs 2 moAllied Digital Services Limited
Shakti Kumar Leekha
DIN 03246804
Director20 Jan 20224 yrs 9 moAllied Digital Services Limited
Anup Kumar Mahapatra
DIN 08985605
Director18 May 20224 yrs 5 moAllied Digital Services Limited
Tejal Shah
DIN 02766902
Whole-time director25 May 20233 yrs 4 moAllied Digital Services Limited
Rohan Prakash Shah
DIN 11111937
Whole-time director15 Jul 20251 yr 3 moAllied Digital Services Limited
Narsimha Rao Mannepalli
DIN 10787923
Director15 Jul 20251 yr 3 moAllied Digital Services Limited

People of Allied Digital

6 people are tracked at Allied Digital (6 in leadership); the tracked headcount is 1,780.

NameRoleGroup
Sair Muhammad
Executive Vice PresidentLeadership
Kapil Mehta
Chief Financial OfficerLeadership
Ashish Raghute
VP - ITaaSLeadership
Chief Technology OfficerLeadership
Hubert Wong
Vice President, Service OperationsLeadership
Paresh Shah
Chief Executive OfficerLeadership
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Complete people profiles for Allied Digital

Full employee and board profiles, team structure, tenure and professional contact details require an active premium plan.

  • Full employee list
  • Team structure
  • Board tenure
  • Professional contacts

Verified entity values are shown only after access is granted.

IPO & Listings of Allied Digital

Allied Digital is a publicly listed company on the NSE with ticker symbol ADSL in India, operating in the Technology services sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

  • IPO date25 Jul 2007
  • Listed onBSE: 532875 · NSE: ADSL
  • Listed entityAllied Digital Services Limited
  • Exchange sectorTechnology services
  • ISININE102I01027
  • Share price₹108.85 (+0.94% on the day) · 2026-10-14
  • Market capitalisation₹610 Cr
  • Price to earnings17.8
  • EPS (diluted, trailing year)₹6.13
  • Dividend yield1.39%
  • Volume (last session)239,136

Financials of Allied Digital

Exchange-reported figures of Allied Digital Services Limited, the listed company behind Allied Digital (NSE: ADSL).

Financial Highlights

FY 2025-26 Β· Consolidated
Revenue
₹968 Cr
+19.9% YoY
EBITDA
₹55.20 Cr
-0.3% YoY
Profit After Tax
₹29.38 Cr
-7.8% YoY
Net Worth
₹614 Cr
+2.0% YoY
Total Assets
₹818 Cr
+8.4% YoY
Total Debt
₹136 Cr
+43.3% YoY

Revenue vs Net Profit ₹ Cr

Margin trends

Financial summary ₹ Cr

MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue968807687660485358330
Revenue growth+19.9%+17.5%+4.1%+36.2%+35.4%+8.5%-
EBITDA55.2055.3783.3741.4670.0444.6647.66
EBITDA margin+5.7%+6.9%+12.1%+6.3%+14.5%+12.5%+14.4%
Profit before tax43.5760.6262.9726.1273.5123.4924.04
Net profit29.3831.8741.4353.7741.8319.2419.25
Net profit margin+3.0%+4.0%+6.0%+8.2%+8.6%+5.4%+5.8%
EPS (β‚Ή)5.104.937.491.2611.263.793.83
Balance sheet
Total assets818754694610603539524
Net worth614602579536531471456
Total debt13694.9374.8035.1542.5654.2353.60
Cash & bank15021413883.4559.1458.1723.89
Net working capital541476371307326269252
Cash flow
Cash from operations(78.52)92.2767.6047.0314.6349.4130.60
Cash from investing5.10(12.40)(2.93)(11.65)(5.96)(12.10)(10.53)
Cash from financing19.36(18.45)(10.23)(11.07)(7.69)(3.02)(20.26)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue260268247234219204221203
Revenue growth (YoY)+18.9%+31.0%+12.2%+15.1%+22.3%---
Other income2.616.084.686.962.6937.532.293.77
EBITDA22.74(10.12)24.8621.3218.83(9.30)25.0519.21
EBITDA margin+8.7%-3.8%+10.0%+9.1%+8.6%-4.6%+11.4%+9.5%
Depreciation5.025.084.984.815.0615.304.854.84
Interest3.463.453.122.912.301.952.422.54
Profit before tax16.87(12.57)21.4420.5614.1610.9820.0715.60
Tax4.48(9.18)7.535.14(0.28)18.442.364.00
Net profit12.39(3.39)13.9115.4214.44(7.46)17.7111.60
EPS (β‚Ή)2.18(0.59)2.172.542.30(1.42)2.921.79
MetricsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Income statement
Revenue38836628721012396.1993.79
Revenue growth+5.9%+27.7%+36.3%+71.6%+27.4%+2.6%-
EBITDA2.4216.1142.98(26.57)21.0319.9322.21
EBITDA margin+0.6%+4.4%+15.0%-12.6%+17.2%+20.7%+23.7%
Profit before tax(4.87)29.7230.76(33.63)8.077.848.31
Net profit(2.79)13.5022.209.325.697.777.89
Net profit margin-0.7%+3.7%+7.7%+4.4%+4.6%+8.1%+8.4%
EPS (β‚Ή)(0.14)1.904.01(6.84)1.051.531.57
Balance sheet
Total assets605561533504539534527
Net worth474481475453493478471
Total debt12166.7358.1047.1942.5654.9953.66
Cash & bank15.5926.7011.4321.329.5713.756.18
Net working capital237314187170238225213
Cash flow
Cash from operations(39.84)9.53(2.75)35.1111.6312.217.18
Cash from investing4.07(11.53)(2.93)(13.24)(7.26)(1.76)1.76
Cash from financing35.152.43(4.20)(10.12)(8.55)(2.87)(17.46)
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue91.3396.9994.7810195.4699.9410091.07
Revenue growth (YoY)-4.3%-3.0%-5.4%+10.4%+27.4%---
Other income1.534.713.375.001.5935.870.591.75
Total expenses77.5412483.8791.4386.6911489.8080.83
EBITDA13.79(26.73)10.919.158.77(13.72)10.3910.24
EBITDA margin+15.1%-27.6%+11.5%+9.1%+9.2%-13.7%+10.4%+11.2%
Depreciation2.902.972.812.812.819.612.872.85
Interest3.103.132.452.612.071.661.901.61
Profit before tax9.32(28.12)9.028.735.4810.886.217.53
Tax2.68(9.21)5.142.52(2.52)15.190.271.87

Financial Statements

Figures in ₹ Cr; negatives in brackets. Updated 23 Oct 2026
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue260268247234219204221203
Revenue growth (YoY)+18.9%+31.0%+12.2%+15.1%+22.3%---
Other income2.616.084.686.962.6937.532.293.77
EBITDA22.74(10.12)24.8621.3218.83(9.30)25.0519.21
EBITDA margin+8.7%-3.8%+10.0%+9.1%+8.6%-4.6%+11.4%+9.5%
Depreciation5.025.084.984.815.0615.304.854.84
Interest3.463.453.122.912.301.952.422.54
Profit before tax16.87(12.57)21.4420.5614.1610.9820.0715.60
Tax4.48(9.18)7.535.14(0.28)18.442.364.00
Net profit12.39(3.39)13.9115.4214.44(7.46)17.7111.60
EPS (β‚Ή)2.18(0.59)2.172.542.30(1.42)2.921.79
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue968807687660485358330
Revenue growth+19.9%+17.5%+4.1%+36.2%+35.4%+8.5%-
Other income20.6244.601.175.6626.364.065.58
Total expenses913752604619415313282
Employee cost19716213810983.9459.6348.16
EBITDA55.2055.3783.3741.4670.0444.6647.66
EBITDA margin+5.7%+6.9%+12.1%+6.3%+14.5%+12.5%+14.4%
Depreciation19.9329.6416.3616.9820.2721.5422.21
Interest12.329.715.214.022.623.696.99
Profit before tax43.5760.6262.9726.1273.5123.4924.04
Tax8.0528.5117.1319.2312.504.274.82
Net profit29.3831.8741.4353.7741.8319.2419.25
Net profit margin+3.0%+4.0%+6.0%+8.2%+8.6%+5.4%+5.8%
EPS (β‚Ή)5.104.937.491.2611.263.793.83
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital28.2628.1927.6527.4227.1025.3525.10
Reserves & surplus585574551509504444431
Shareholders' funds (net worth)614602579536531471456
Minority interest57.6344.6240.3335.3724.9913.7911.96
Secured loans11769.6758.1831.7624.9432.5626.29
Unsecured loans19.3325.2616.623.3917.6221.6727.31
Total debt13694.9374.8035.1542.5654.2353.60
Total liabilities818754694610603539524
Assets
Gross block463511494472447440428
Net block248270279265250265273
Capital work in progress8.800.800.000.000.000.000.00
Investments8.588.266.226.229.498.107.96
Inventories47.8749.1248.0942.7737.9934.8235.09
Sundry debtors320188150160199164203
Cash & bank balances15021413883.4559.1458.1723.89
Loans & advances26318211297.9097.5488.5864.26
Total current assets781633448384393346326
Total current liabilities24015776.3976.2767.1976.3774.17
Net working capital541476371307326269252
Total assets818754694610603539524
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash18812783.4559.1558.1623.8924.08
Net cash from operating activities(78.52)92.2767.6047.0314.6349.4130.60
Net cash from investing activities5.10(12.40)(2.93)(11.65)(5.96)(12.10)(10.53)
Net cash from financing activities19.36(18.45)(10.23)(11.07)(7.69)(3.02)(20.26)
Net change in cash(54.06)61.4254.4424.310.9834.29(0.19)
Closing cash15021413883.4559.1458.1723.89
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+19.9%+17.5%+4.1%+36.2%+35.4%+8.5%-
EBITDA growth-0.3%-33.6%+101.1%-40.8%+56.8%-6.3%-
PBT growth-28.1%-3.7%+141.1%-64.5%+212.9%-2.3%+65.6%
Net income growth-7.8%-23.1%-23.0%+28.5%+117.4%-0.1%-
Revenue CAGR (3Y)+13.6%+18.5%+24.3%+26.0%+26.5%+16.8%+15.3%
EBITDA CAGR (3Y)+10.0%-7.5%+23.1%-4.5%+25.0%+11.9%+5.4%
Profitability & leverage
Net income margin+3.7%+4.0%+6.7%+1.0%+12.6%+5.4%+5.8%
Return on capital employed+7.6%+11.4%+11.1%+13.4%+9.5%+5.2%+6.1%
Return on net worth+5.9%+6.1%+8.2%+10.1%+8.4%+4.2%+4.3%
Debt / equity0.190.140.100.070.100.120.13
Long-term debt / equity0.090.060.030.010.010.010.02
Interest cover34.9337.747.7716.425.2615.9627.47
Efficiency & per share
Fixed asset turnover1.991.611.421.441.090.820.72
Inventory turnover19.9616.6015.1216.3513.3110.249.55
Debtors turnover3.814.784.443.682.671.951.65
EPS (β‚Ή)5.104.937.491.2611.263.793.83
Dividend per share (β‚Ή)1.501.501.501.251.000.750.50
Book value per share (β‚Ή)108.55106.73104.6397.7398.0492.5090.91
ParticularsJun 2026Mar 2026Dec 2025Sep 2025Jun 2025Mar 2025Dec 2024Sep 2024
Revenue91.3396.9994.7810195.4699.9410091.07
Revenue growth (YoY)-4.3%-3.0%-5.4%+10.4%+27.4%---
Other income1.534.713.375.001.5935.870.591.75
Total expenses77.5412483.8791.4386.6911489.8080.83
EBITDA13.79(26.73)10.919.158.77(13.72)10.3910.24
EBITDA margin+15.1%-27.6%+11.5%+9.1%+9.2%-13.7%+10.4%+11.2%
Depreciation2.902.972.812.812.819.612.872.85
Interest3.103.132.452.612.071.661.901.61
Profit before tax9.32(28.12)9.028.735.4810.886.217.53
Tax2.68(9.21)5.142.52(2.52)15.190.271.87
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Revenue38836628721012396.1993.79
Revenue growth+5.9%+27.7%+36.3%+71.6%+27.4%+2.6%-
Other income14.9038.431.235.672.384.055.99
Total expenses38535024423710276.2671.58
Employee cost11810490.4279.3158.3035.4631.20
EBITDA2.4216.1142.98(26.57)21.0319.9322.21
EBITDA margin+0.6%+4.4%+15.0%-12.6%+17.2%+20.7%+23.7%
Depreciation11.4018.008.489.5712.6912.6713.70
Interest10.796.824.973.162.653.476.19
Profit before tax(4.87)29.7230.76(33.63)8.077.848.31
Tax(4.06)18.998.563.892.380.070.42
Net profit(2.79)13.5022.209.325.697.777.89
Net profit margin-0.7%+3.7%+7.7%+4.4%+4.6%+8.1%+8.4%
EPS (β‚Ή)(0.14)1.904.01(6.84)1.051.531.57
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Equity & liabilities
Share capital28.2628.1927.6527.4227.1025.3525.10
Reserves & surplus445453448426466451446
Shareholders' funds (net worth)474481475453493478471
Secured loans11254.9342.1331.7624.3231.6324.38
Unsecured loans8.6911.8015.9715.4318.2423.3629.28
Total debt12166.7358.1047.1942.5654.9953.66
Total liabilities605561533504539534527
Assets
Gross block313363346337314308306
Net block144163168166152159168
Capital work in progress8.800.800.000.000.000.000.00
Investments20786.14156156157156155
Inventories47.8249.0747.9842.6837.8934.7434.83
Sundry debtors11495.4991.6272.20138137166
Cash & bank balances15.5926.7011.4321.329.5713.756.18
Loans & advances24628496.7270.8979.2481.6155.24
Total current assets423455248207265267262
Total current liabilities18614161.0036.8127.5241.5649.02
Net working capital237314187170238225213
Total assets605561533504539534527
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Opening cash0.670.2421.319.5713.756.1714.70
Net cash from operating activities(39.84)9.53(2.75)35.1111.6312.217.18
Net cash from investing activities4.07(11.53)(2.93)(13.24)(7.26)(1.76)1.76
Net cash from financing activities35.152.43(4.20)(10.12)(8.55)(2.87)(17.46)
Net change in cash(0.62)0.43(9.88)11.75(4.18)7.58(8.52)
Closing cash15.5926.7011.4321.329.5713.756.18
ParticularsFY 2025-26FY 2024-25FY 2023-24FY 2022-23FY 2021-22FY 2020-21FY 2019-20
Growth
Sales growth+5.9%+27.7%+36.3%+71.6%+27.4%+2.6%-
EBITDA growth-85.0%-62.5%+261.8%-226.3%+5.5%-10.3%-
PBT growth--3.4%+9998.0%-+2.9%-5.7%-25.3%
Net income growth-120.7%-39.2%+138.2%+63.8%-26.8%-1.5%-
Revenue CAGR (3Y)+22.6%+44.0%+43.9%+30.9%+17.7%+9.0%+6.3%
EBITDA CAGR (3Y)--8.5%+29.2%--4.1%+6.4%-8.6%
Profitability & leverage
Net income margin-0.2%+2.9%+7.7%-17.8%+4.6%+8.1%+8.4%
Return on capital employed+1.2%+8.1%+6.9%+3.1%+2.0%+2.1%+2.8%
Return on net worth-0.6%+2.8%+4.8%+2.0%+1.2%+1.6%+1.7%
Debt / equity0.200.130.110.090.100.110.13
Long-term debt / equity0.070.020.010.010.010.010.02
Interest cover-120.16-360.8514.41-8.7431.7747.8072.74
Efficiency & per share
Fixed asset turnover1.151.030.840.650.390.310.28
Inventory turnover8.017.556.325.223.382.772.73
Debtors turnover3.693.913.502.000.890.640.61
EPS (β‚Ή)(0.14)1.904.01(6.84)1.051.531.57
Dividend per share (β‚Ή)1.501.501.501.251.000.750.50
Book value per share (β‚Ή)83.7885.3985.9382.6290.9394.0393.88

Timeline of Allied Digital

4 dated milestones of Allied Digital across 26 years, from founding to its latest funding, stage changes and deals.

  1. Founded Allied Digital is founded.
  2. IPO Lists on the stock exchange (IPO).
  3. Funding First funding round of $47.8M.
  4. Funding Latest funding round, Post-IPO, of $7.1M.

Competitors of Allied Digital

Allied Digital has 3 listed competitors in our database, 3 of them funded. They include Happiest Minds, GirnarSOFT and Datamatics.

Company NameDomainFoundedHQ LocationTotal fundingEmployeesDescription
happiestminds.com2011Bengaluru, India$64.83M4,517
IT outsourcing services are delivered across multiple business lines.
girnarsoft.com2007Jaipur, India$736.02M6,709
Provider of website, web & mobile application development, BI, and digital marketing services
datamatics.com1975Mumbai, India$3M5,875
Cloud-based text analytics and cognitive automation services are provided.
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Detailed competitors of Allied Digital

The full competitor set, operating metrics and side-by-side benchmarks require an active premium plan.

  • Full competitor set
  • Operating metrics
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Web traffic of Allied Digital

The website of Allied Digital (allieddigital.net) receives about 23.8K visits a month and ranks #873,997 among all websites worldwide, #4,487 in Telecommunications.

  • Monthly visits
    23.8K

    ▲ 28.2% vs previous month

  • Unique visitors
    6.8K

    per month

  • Global rank
    #873,997

    among all websites

  • Category rank
    #4,487

    Computers Electronics and Technology · Telecommunications

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85.8B#1View details
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Frequently Asked Questions about Allied Digital

Allied Digital was founded in 1984 and raised its 1st funding round 25 years after it was founded.

Allied Digital is headquartered in Mumbai, India. It is registered at Mumbai, Maharashtra, India.

Allied Digital has 1,780 employees.

The primary company behind Allied Digital, Allied Digital Services Limited, reported revenue of β‚Ή989 Cr for FY 2026, up 20% year on year.

Allied Digital was founded in 1984 and is headquartered in Mumbai, India. End-to-end infrastructure services in the IT sector are delivered, including design, development, deployment, and management. Operations extend across 35 countries on 5 continents, with offerings such as hosting, monitoring, optimization, and modernization. A partnership with Dell was formed in 1996, and ISO 9001:2000 accreditation was achieved in 1999.

Allied Digital's top competitors include Happiest Minds, GirnarSOFT and Datamatics.

Yes, Allied Digital is publicly traded on NSE under the ticker symbol ADSL.

Allied Digital has 1 investor. Key investors include Intel Capital.

Allied Digital operates through Allied Digital Services Limited.

The legal entities of Allied Digital currently have 12 directors, including Milind Madhav Kamat, Shakti Kumar Leekha, Anup Kumar Mahapatra and others.

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