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 ₹ 295 Cr.
- Current Price ₹ 436
- High / Low ₹ 475 / 179
- Stock P/E 29.5
- 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
Figures in Rs. Crores
| 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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| Number of Export Countries Count |
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| Order Book INR Crores |
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Extracted by Screener AI
Documents
Announcements
- Reg. 34 (1) Annual Report.
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Shareholder Meeting - Notice Of 18Th Annual General Meeting
- Admach Systems completed AGM notice dispatch; 3-day filing delay explained. AGM on 28 September 2026.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Admach Systems wins ₹159.30 lakh bar handling order; order book rises to ₹68.37 crore, execution in 7 months.
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Announcement under Regulation 30 (LODR)-Award_of_Order_Receipt_of_Order
- Admach Systems won ₹159.30 lakh domestic order for Bar handling System, executable in 7 months.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
- Admach secured ₹295.73 lakh NDT order; order book rises to ₹83.77 crore, delivery in 16 weeks.
Concalls
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Jun 2026Transcript PPT
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Feb 2026TranscriptPPT
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.