Admach Systems Ltd
Incorporated in 2008, Admach Systems Limited is engaged in designing, manufacturing, exporting, and supplying customised special purpose machines and automation systems.[1]
- Market Cap ₹ 326 Cr.
- Current Price ₹ 482
- High / Low ₹ 525 / 179
- Stock P/E 32.6
- Book Value ₹ 104
- Dividend Yield 0.00 %
- ROCE 25.0 %
- ROE 21.6 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 30.6%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 166 days.
- Working capital days have increased from 151 days to 231 days
* 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
Part of BSE SME IPO
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| 14 | 13 | 20 | 53 | 69 | |
| 14 | 12 | 13 | 43 | 56 | |
| Operating Profit | 1 | 1 | 6 | 10 | 13 |
| OPM % | 3.7% | 8% | 32% | 19% | 19% |
| 0 | 0 | 0 | 0 | 1 | |
| Interest | 0 | 1 | 2 | 2 | 1 |
| Depreciation | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 0 | 0 | 4 | 8 | 12 |
| Tax % | 31% | -11% | 25% | 24% | 17% |
| 0 | 0 | 3 | 6 | 10 | |
| EPS in Rs | 10.09 | 1.00 | 16.75 | 12.62 | 14.78 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 74% |
| TTM: | 29% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 364% |
| TTM: | 59% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 29% |
| 3 Years: | 31% |
| Last Year: | 22% |
Balance Sheet
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Equity Capital | 0.21 | 1 | 2 | 5 | 7 |
| Reserves | 2 | 1 | 4 | 17 | 64 |
| 2 | 8 | 16 | 11 | 0 | |
| 9 | 9 | 14 | 23 | 21 | |
| Total Liabilities | 13 | 20 | 36 | 56 | 91 |
| 1 | 1 | 1 | 4 | 5 | |
| CWIP | 0 | 0 | 0 | 0 | 11 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 12 | 19 | 35 | 51 | 75 | |
| Total Assets | 13 | 20 | 36 | 56 | 91 |
Cash Flows
Figures in Rs. Crores
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| -1 | -2 | -8 | 2 | -5 | |
| 0 | -4 | 3 | -4 | -19 | |
| 1 | 6 | 5 | 4 | 27 | |
| Net Cash Flow | -0 | -0 | -0 | 1 | 3 |
| Free Cash Flow | -1 | -3 | -8 | -2 | -23 |
| CFO/OP | -170% | -216% | -126% | 26% | -18% |
Ratios
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Debtor Days | 36 | 55 | 89 | 126 | 166 |
| Inventory Days | 342 | 538 | 1,942 | 271 | 215 |
| Days Payable | 258 | 163 | 771 | 162 | 59 |
| Cash Conversion Cycle | 120 | 430 | 1,260 | 235 | 322 |
| Working Capital Days | 26 | 45 | 111 | 111 | 231 |
| ROCE % | 13% | 39% | 37% | 25% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| International (Export) Revenue Share % of Revenue from Operations |
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| Non-Destructive Testing (NDT) Equipment Revenue Share % of Revenue from Operations |
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| Steel Machines Revenue Share % of Revenue from Operations |
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| Production Volume (Machines Executed) Units |
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| Top 10 Customer Concentration % of Total Sales |
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| Long-term Clients (15+ Year Relationships) Count |
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| Customers Served During the Year Count |
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| Order Book INR Crores |
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Extracted by Screener AI
Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Admach Systems Limited has informed regarding the Compliance certificate for the quarter ended on September 30, 2026 under the Regulation 74(5) of Securities and Exchange …
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Announcement Under Regulation 30 (LODR)-Analyst / Investor Meet - Outcome
- Admach Systems participated in Arihant Bharat Connect Conference on September 29, 2026, with no UPSI shared.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Admach Systems wins ₹53.10 lakh NDT setup order; order book rises to ₹69.04 crore.
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Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
- AGM voting results disclosed for September 28, 2026; both ordinary resolutions passed.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- Received domestic NDT equipment purchase order worth ₹53.10 lakhs, executable in 13 weeks.
Concalls
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Jun 2026Transcript PPT
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Feb 2026Transcript
Business Profile[1]
Admach Systems is a customised machine builder catering to the Indian and global engineering industry. The company designs, manufactures and supplies Special Purpose Machines (SPMs), automation systems, assembly and packaging machines, robotic material-handling systems, and non-destructive testing (NDT) equipment.