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 ₹ 82.8 Cr.
- Current Price ₹ 69.5
- High / Low ₹ 181 / 55.6
- Stock P/E 16.9
- Book Value ₹
- Dividend Yield 1.44 %
- ROCE 13.0 %
- ROE 9.76 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Company has a low return on equity of 8.61% over last 3 years.
- Promoters have pledged 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 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 79.36 | 61.09 | 55.06 | 47.75 | |
| 75.05 | 54.42 | 49.26 | 41.35 | |
| Operating Profit | 4.31 | 6.67 | 5.80 | 6.40 |
| OPM % | 5.43% | 10.92% | 10.53% | 13.40% |
| 0.93 | 0.90 | 1.67 | 0.42 | |
| Interest | 1.99 | 1.76 | 1.03 | 0.27 |
| Depreciation | 1.25 | 1.02 | 1.07 | 0.73 |
| Profit before tax | 2.00 | 4.79 | 5.37 | 5.82 |
| Tax % | 19.00% | 24.84% | 22.72% | 24.74% |
| 1.61 | 3.59 | 4.15 | 4.38 | |
| EPS in Rs | ||||
| Dividend Payout % | 38.23% | 34.29% | 29.66% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -16% |
| TTM: | -13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 48% |
| TTM: | 31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 9% |
| Last Year: | 10% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Equity Capital | 12.31 | 12.31 | 12.31 | 12.31 |
| Reserves | 31.03 | 33.43 | 36.39 | 39.58 |
| 20.52 | 11.57 | 3.91 | 0.00 | |
| 15.28 | 11.10 | 8.53 | 9.67 | |
| Total Liabilities | 79.14 | 68.41 | 61.14 | 61.56 |
| 14.40 | 13.30 | 12.43 | 11.24 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.00 | 0.00 | 0.00 | 0.00 |
| 64.74 | 55.11 | 48.71 | 50.32 | |
| Total Assets | 79.14 | 68.41 | 61.14 | 61.56 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 11.25 | 4.14 | 8.14 | 6.40 | |
| -0.90 | 1.62 | 0.12 | -0.31 | |
| -5.82 | -11.29 | -9.21 | -4.61 | |
| Net Cash Flow | 4.54 | -5.54 | -0.95 | 1.47 |
Ratios
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| Debtor Days | 122.53 | 122.90 | 125.42 | 142.64 |
| Inventory Days | 60.10 | 125.30 | 124.31 | 141.57 |
| Days Payable | 67.76 | 46.36 | 39.32 | 40.12 |
| Cash Conversion Cycle | 114.87 | 201.84 | 210.41 | 244.09 |
| Working Capital Days | 168.38 | 228.00 | 231.36 | 254.16 |
| ROCE % | 10.78% | 10.68% | 13.05% |
Documents
Announcements
-
Recommendation Of Dividend For FY 2024 25
24 May - Audited FY25 results approved; 10% dividend recommended; secretarial auditor appointed; unmodified audit opinion.
-
Audited Financial Results For Quarter And Year Ended 31St March 2025
24 May - Audited FY25 results: Rs 438L profit, 10% dividend recommended, new secretarial auditor appointed.
-
Appointment Of Secretarial Auditor Subject To Approval At Ensuing Annual General Meeting
24 May - Audited FY25 results approved; 10% dividend recommended; new secretarial auditor appointed for 5 years.
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Board Meeting Outcome for Outcome Of Meeting Of Board Held To Approve Audited Financial Results For Quarter And Year Ended 31St March 2025 And Recommendation Of Dividend
24 May - Audited FY25 results approved; 10% dividend recommended; new secretarial auditor appointed; unmodified audit opinion.
-
Compliances-Reg.24(A)-Annual Secretarial Compliance
19 May - Annual Secretarial Compliance Report confirms Adtech Systems' full SEBI compliance for FY ended March 2025.
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.