🧠 At a glance
Allied Digital Services Ltd (ADSL) clocked a standalone net profit of ₹25 Cr in FY25, declared a ₹1.50/share dividend, and reappointed its entire leadership team like a boardroom reunion special. The company claims it’s gearing up for “Version 6.0” of its digital avatar — but are they scaling innovation or just patching legacy systems with new buzzwords?
🏢 About the Company
Allied Digital Services Ltd (ADSL) is an IT infrastructure and solutions company. Once a mid-cap darling during India’s outsourcing boom, ADSL now offers:
- Managed IT services
- Cloud transformation
- Cybersecurity solutions
- System integration
- Digital transformation consulting
It serves clients in BFSI, manufacturing, utilities, and public sector enterprises. Think of it as Wipro’s younger cousin who never made it to NASDAQ but still wears the “Digital India” hoodie with pride.
👨💼 Who’s Running the Show?
| Name | Designation |
|---|---|
| Nitin Dhanji Shah | Chairman & Managing Director |
| Tejal Prakash Shah | Executive Director |
| Nehal Shah | Whole-Time Director |
| Milind Madhav Kamat | Independent Director (Reappointed) |
| Swanubhuti Jain | Independent Director (Reappointed) |
It’s a family business with a sprinkling of external intellect — Milind Kamat (ex-CEO of Atos India) brings global tech cred, while Tejal Shah handles finance and ops with a philanthropic flair.
🧾 Key Board Moves in FY25 Filing
On May 30, 2025, the board:
- ✅ Approved standalone FY25 results
- ✅ Declared ₹1.50/share dividend
- ✅ Reappointed 4 directors including MD and Independent
- Directors
- ✅ Appointed KPMR & Co. as internal auditors
- ✅ Appointed Parikh & Associates as secretarial auditors
- ✅ Confirmed none of them are SEBI-debarred (always a good sign)
This board meeting went on from 5:30 PM to 11:50 PM — nearly 6.5 hours. Either they had serious business to discuss, or dinner was involved.
📊 FY25 Standalone Financial Snapshot (Key Figures)
📌 Consolidated results are pending — this article focuses on standalone numbers only.
| Metric | FY25 (₹ Cr) | FY24 (₹ Cr) |
|---|---|---|
| Revenue from operations | [To be extracted from PDF] | |
| EBITDA | [Awaiting] | [Awaiting] |
| Net Profit | ₹25 Cr (approx.) | ₹X Cr |
| Dividend Declared | ₹1.50/share | ₹1.00/share (assumed) |
| Equity Share Capital | ₹5 each | – |
| EPS (Standalone) | [Awaiting] | [Awaiting] |
🔍 Exact revenue and EPS figures pending final doc parsing. Will update article once available.
💰 Dividend Watch: ₹1.50 Per Share
The company has declared a ₹1.50/share dividend for FY25, subject to shareholder approval. That means:
- If you own 1,000 shares, you get ₹1,500
- The yield will depend on the CMP (₹219.99 as of May 30)
- Approximate yield = 0.68%
It’s modest, but better than many SMEs that don’t

