Q4 2024 Allied Digital Services Ltd Earnings Call Transcript
Key Points
- Allied Digital Services Ltd (BOM:532875) announced a 30% dividend for the year, reflecting strong financial performance.
- The company has completed 40 years in business, showcasing its long-term stability and growth.
- The Indian business segment reported a 33% year-over-year growth in Q4 FY24, indicating robust domestic performance.
- The rebranding of their SaaS platform from Adidas to Digital Days, with added AI and automation features, aims to enhance market recognition and adoption.
- Significant order wins in the US and India, including contracts with major banks, oil and gas companies, and smart city projects, highlight the company's expanding client base and service offerings.
- Global market conditions, particularly in the US, are causing delays in deal closures due to inflation and economic uncertainty.
- Customers are exhibiting aggressive pricing expectations, leading to elongated decision-making cycles and potential margin pressures.
- The company faces challenges in maintaining and improving margins amidst competitive pressures and economic uncertainties.
- Debt levels have increased due to project-based funding requirements, although the company remains net debt-free.
- The upcoming election season in India has caused a temporary slowdown in decision-making for government projects, potentially impacting short-term revenue growth.
Ladies and gentlemen, good day, and welcome to Allied Digital Services Limited earnings conference call. (Operator Instructions) Please note that this conference is being recorded. I now hand the conference over to Mr. Mayank Vaswani from CDR India. Thank you, and over to you.
Thank you, Michelle. Good afternoon, everyone, and thank you for joining us on Allied Digital Services Limited's earnings call for the fourth quarter of financial year 2023, '24. We have with us on the call today, Mr. Nitin Shah, Founder and CMD; Mr. Nehal Shah, Whole Time Director; Mr. Sunil Bhatt, Board member and Chief Technology Officer; Mr. Paresh Shah, Global CEO; and Mr. Gopal Tiwari, Chief Financial Officer. We also have Mr. Ramanan Ramanathan on today's call.
We will open with comments on the chairman, following which Mr. Nehal Shah will cover recent developments across the business. Mr. Paresh Shah will then cover the operational performance and order wins, followed by Mr. Gopal Tiwari, who will walk us through the
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
