Adtech Systems Ltd
Incorporated in 1992, Adtech Systems Ltd is an electronic system integrator and provides solutions in electronic security systems. It also provides solutions in Solar Projects[1]
- Market Cap ₹ 95.4 Cr.
- Current Price ₹ 80.1
- High / Low ₹ 117 / 55.6
- Stock P/E 20.8
- Book Value ₹
- Dividend Yield 1.25 %
- ROCE 12.9 %
- ROE 9.66 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 30.7%
Cons
- Company has a low return on equity of 8.46% over last 3 years.
- Promoters have pledged or encumbered 29.7% of their holding.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Industrials Capital Goods Industrial Manufacturing Industrial Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 36.01 | 79.36 | 61.09 | 55.06 | 47.75 | 46.57 | |
| 33.18 | 75.05 | 54.42 | 49.26 | 41.35 | 40.84 | |
| Operating Profit | 2.83 | 4.31 | 6.67 | 5.80 | 6.40 | 5.73 |
| OPM % | 7.86% | 5.43% | 10.92% | 10.53% | 13.40% | 12.30% |
| 0.71 | 0.93 | 0.90 | 1.67 | 0.42 | 1.21 | |
| Interest | 0.03 | 1.99 | 1.76 | 1.03 | 0.27 | 0.17 |
| Depreciation | 0.12 | 1.25 | 1.02 | 1.07 | 0.73 | 0.66 |
| Profit before tax | 3.39 | 2.00 | 4.79 | 5.37 | 5.82 | 6.11 |
| Tax % | 33.04% | 19.00% | 24.84% | 22.72% | 24.74% | |
| 2.27 | 1.61 | 3.59 | 4.15 | 4.38 | 4.60 | |
| EPS in Rs | ||||||
| Dividend Payout % | 30.62% | 38.23% | 34.29% | 29.66% | 28.11% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -16% |
| TTM: | -12% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 47% |
| TTM: | 8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | -9% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 8% |
| Last Year: | 10% |
Balance Sheet
Figures in Rs. Crores
| Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 2.78 | 12.31 | 12.31 | 12.31 | 12.31 |
| Reserves | 29.61 | 31.03 | 33.43 | 36.39 | 39.58 |
| 1.55 | 20.52 | 11.57 | 3.91 | 0.00 | |
| 12.89 | 15.28 | 11.10 | 8.61 | 9.68 | |
| Total Liabilities | 46.83 | 79.14 | 68.41 | 61.22 | 61.57 |
| 2.16 | 14.40 | 13.30 | 12.43 | 11.24 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 5.20 | 0.00 | 0.00 | 0.00 | 0.00 |
| 39.47 | 64.74 | 55.11 | 48.79 | 50.33 | |
| Total Assets | 46.83 | 79.14 | 68.41 | 61.22 | 61.57 |
Cash Flows
Figures in Rs. Crores
| Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 11.25 | 4.14 | 8.22 | 6.40 | ||
| -0.90 | 1.62 | 0.04 | -0.36 | ||
| -5.82 | -11.29 | -9.21 | -4.61 | ||
| Net Cash Flow | 4.54 | -5.54 | -0.95 | 1.43 |
Ratios
Figures in Rs. Crores
| Mar 2017 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 106.63 | 122.53 | 122.90 | 125.42 | 142.64 |
| Inventory Days | 155.66 | 60.10 | 125.30 | 124.31 | 142.88 |
| Days Payable | 72.39 | 67.76 | 46.36 | 39.32 | 40.50 |
| Cash Conversion Cycle | 189.90 | 114.87 | 201.84 | 210.41 | 245.03 |
| Working Capital Days | 181.74 | 76.07 | 158.87 | 204.91 | 254.16 |
| ROCE % | 10.78% | 10.30% | 12.92% |
Documents
Announcements
-
2Nd Action Taken Report On IEPF''s 100 Days Campaign- Saksham Niveshak
16 Sep - 2nd IEPFA report: 190 shareholders; 69 updated; 3 PAN, 3 bank updates; reminders sent 04 Aug, 12 Sep 2025.
-
Announcement Under Regulation 30 Of (LODR) Regulations, 2015 On Despatch Of Notices To Shareholders Who Have Unclaimed Dividends For 7 Consecutive Years And On Proposed Transfer Of Their Shares To IEPF If Not Claimed Within 90 Days
13 Sep - Despatched notices on 13 September 2025 to shareholders with unclaimed 2017-18 dividends, shares liable for IEPF transfer.
-
Intimation Of Despatch Of Letter By Post Containing Weblink Of 34Th AGM Notice And Annual Report For FY 202425 To Shareholders Who Have Not Registered Their Email Address
3 Sep - 34th AGM on 30 Sep 2025 at 11:00 via VC; annual report links and KYC update reminder.
- Intimation Of Book Closure For The Purpose Of 34Th AGM And For Dividend, If Any Declared 3 Sep
- Reg. 34 (1) Annual Report. 2 Sep
Business Overview:[1][2][3]
ASL is an ISO 9001:2015 certified company providing integrated electronic security systems and solutions. With over 15 support centers, ASL has completed 10,000+ security installations for 4,000+ customers across India. The company specializes in the supply, installation, testing, commissioning, and maintenance of electronic security systems and floating structures. ASL is also involved in solar projects.