Q1 2025 Allied Digital Services Ltd Earnings Call Transcript
Key Points
- Allied Digital Services Ltd (BOM:532875) reported a 17% year-on-year growth in the India market for Q1 FY25, despite the general elections.
- The solutions business grew by 52% year-on-year in Q1, driven by smart city projects, now representing 23% of revenues.
- The company secured orders totaling over INR150 crore, including new wins and multiyear contract renewals.
- Allied Digital Services Ltd (BOM:532875) has established a sales office in Dubai, indicating expansion into the Middle East market.
- The company is well-positioned in the smart city sector, having completed 12 cities and with two more under implementation.
- The US market showed sluggishness due to the upcoming presidential election, affecting decision-making and slowing down growth.
- EBITDA margin remained steady at 11%, which is lower compared to the previous quarter's 14% due to one-off reversals.
- The deferment of decision-making due to the General Election in India led to a temporary slowdown in revenue growth.
- There was a slight sluggishness in overall consolidated revenue growth due to macroeconomic conditions in the US.
- The company anticipates the need for project funding loans for large projects, indicating potential short-term financial strain.
Ladies and gentlemen, good day and welcome to Allied Digital Services Limited's earnings conference call. As a reminder, all participant lines will be in the listen only mode and there will be an opportunity for you to ask questions after the presentation concludes. (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, sir.
Thank you, Nirav. Good afternoon, everyone and thank you for joining us on Allied Digital Services Limited earnings call for the first quarter of financial year 2024-'25. We have with us on the call today, Mr. Nitin Shah - Founder and CMD; Mr. Nehal Shah â Whole-Time Director; Mr. Paresh Shah - Global CEO; Mr. Ramanan Ramanathan - Global Head Strategy responsible for Growth, Innovation and Partnerships, and Mr. Gopal Tiwari - Chief Financial Officer.
We will open with comments from the Chairman, following which Mr. Nehal Shah will cover recent developments across the business. Mr
| 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
