Allied Digital Services Limited — Investor Meet, 12-06-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Allied Digital reported consolidated revenues of Rs. 807 Cr for FY25, up 17% YoY led by a 28% domestic growth and 8% recovery in ROW. Services grew 9% while solutions spiked 58%. Q4 order intake crossed Rs. 133 Cr, with total pipeline above Rs. 500 Cr, including a key Pune Smart City deal. Despite inflation, EBITDA margins stayed stable near 12-13%, but PAT was negative due to auditor-led provisions. Management aims for Rs. 1,000 Cr revenues in 4-5 quarters, focusing on direct global clients, cybersecurity, smart city projects, and system integration. FY26 CAPEX is modest; cash flow remains strong. Margin improvement is expected via efficiencies and AI in managed services.