Allied Digital Services Ltd

🚀 Allied Digital Services Reports Strong Growth, Wins ₹420 Cr Pharma Deal & Eyes ₹1,000 Cr Revenue Target

- Won a major ₹420 crore multi-year deal with a European pharma giant, set to go live in September.

- Q1 FY25 revenue at ₹219 crore, up 22% YoY, driven by India’s enterprise & government segments.

- Order intake for the quarter stood at ₹185 crore, boosting the order book.

- EBITDA rose 16% YoY to ₹22 crore, though margin pressures may persist short-term.

- PAT surged 44% to ₹14 crore, aided by deferred tax asset recognition.

- Declared a 30% dividend for FY24-25, matching last year’s payout.

- Targeting ₹1,000 crore annual revenue, with a ₹250 crore quarterly run rate expected soon.

- Expanding U.S. sales team to drive direct client acquisitions and partnerships.

- AI adoption (including its Agentic AI platform) and Smart City projects (like Pune Surveillance) are key growth drivers.

- EBITDA margins expected to reach 11-12% near-term, with further upside from AI scaling.

- Actively scouting acquisitions in Cybersecurity & Cloud, backed by strong cash reserves.

- Minimal impact from U.S. tariffs due to localized revenue streams.