Financial Results Summary

Consolidated Financial Performance (₹ Cr)

| Metric | Q1 FY27 | Q4 FY26 | Q1 FY26 | YoY Growth | FY26 | FY25 | YoY Growth |

| Revenue | 260 | 268 | 219 | 19% | 968 | 807 | 20% |

| EBITDA | 25 | 32 | 22 | 18% | 112* | 99 | 14% |

| EBITDA % | 10% | 12% | 10% | - | 11% | 12% | - |

| PBT | 17 | 23 | 14 | 19% | 81* | 61 | 33% |

| PBT % | 6% | 8% | 6% | - | 8% | 8% | - |

| PAT | 12 | (3) | 14 | (14%) | 36 | 32 | 10% |

| PAT % | 5% | NA | 7% | - | 4% | 4% | - |

*Excluding one-time provision of ₹36 Cr in Q4 FY26/FY26

Revenue Breakdown

By Geography (₹ Cr)

| Region | Q1 FY27 | Q4 FY26 | Q1 FY26 | YoY Growth | FY26 | FY25 | YoY Growth |

| India | 71 | 76 | 80 | (11%) | 316 | 302 | 5% |

| ROW | 189 | 192 | 139 | 36% | 652 | 505 | 29% |

By Segment (₹ Cr)

| Segment | Q1 FY27 | Q4 FY26 | Q1 FY26 | YoY Growth | FY26 | FY25 | YoY Growth |

| Services | 215 | 209 | 165 | 30% | 746 | 618 | 21% |

| Solutions | 45 | 59 | 54 | (17%) | 222 | 189 | 17% |

By Customer Type (₹ Cr)

| Customer Type | Q1 FY27 | Q4 FY26 | Q1 FY26 | YoY Growth | FY26 | FY25 | YoY Growth |

| Government | 46 | 40 | 71 | (35%) | 227 | 242 | (6%) |

| Non-Government | 214 | 228 | 148 | 45% | 741 | 565 | 31% |

Performance Highlights

  • 19% increase in consolidated Revenue for Q1 FY27 on YoY basis
  • 18% increase in consolidated EBITDA for Q1 FY27 on YoY basis
  • 19% increase in consolidated PBT for Q1 FY27 on YoY basis

Business Developments

During Q1 FY27, ADSL booked orders worth ₹120+ crores including new wins and renewals for multi-year contracts:

  • Enterprise Application Services engagement with a leading NYSE-listed electronic design and test solutions company for application maintenance and support (ServiceNow, Jitterbit, Boomi)
  • End-to-end Workplace Services engagement with a leading customer-owned mutual bank in Australia (Melbourne, Sydney, Adelaide)
  • Turnkey System Integrator project for Department of School Education, Government of Punjab for Integrated Command and Control Centre (ICCC)
  • Managed services engagement with a Government of India organisation under Ministry of Commerce
  • IT Asset Management engagement with a leading international property consulting firm
  • IT Infrastructure Support engagement with one of India's leading FMCG companies
  • Renewed multiple strategic customer engagements across pharmaceuticals, chemicals, real estate, BFSI, medical devices and retail design sectors

Leadership Changes

  • Nehal Shah elevated to Jt. Managing Director (subject to shareholders approval in AGM) with expanded global strategy and operational performance responsibilities
  • Paresh Shah appointed Chief Innovation Officer (CINO) to lead technology and innovation agenda, focusing on AI-led automation and Digital Desk platform evolution
  • Arun Pathak appointed CEO Cloud & Infrastructure Services (India & Middle East) with over three decades of leadership experience in managed services, cloud, cybersecurity, and digital infrastructure

Management Commentary

Mr. Nitin D. Shah, Chairman & Managing Director commented:

  • Company continues to build on strong momentum achieved in FY26 with focus on disciplined execution and customer-centricity
  • Operating environment remains selective with macroeconomic uncertainties and geopolitical developments influencing discretionary technology spending
  • Enterprises remain focused on operational resilience, cybersecurity, digital infrastructure modernization, and productivity improvement
  • Allied Digital positioned with integrated capabilities across managed services, digital infrastructure, cloud, cybersecurity and AI-led transformation
  • Strengthened governance framework, enhanced financial reporting, improved internal controls over past few years
  • Artificial Intelligence reshaping enterprise technology priorities, with AI-driven capabilities being embedded across services
  • Commitment to helping customers accelerate AI adoption journeys while strengthening position as trusted digital transformation partner

Company Background

  • BSE/NSE-listed global IT consulting and services provider established in 1984
  • Headquarters in Mumbai, India
  • Global managed service provider and Master Systems Integrator serving clients across 70+ countries
  • Service portfolio includes cloud enablement, cybersecurity, integrated solutions, infrastructure management, software services, and workplace solutions
  • First Indian company to execute a Smart City project (Pune City Surveillance project in 2015)
  • Global workforce of over 3,000 professionals serving Fortune 500 companies worldwide