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Allied Digital Services announced key business and financial highlights – Significant growth of Operating Revenue, EBITDA, the launch of a new FinTech vertical, and expansion of global affiliates!!

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Allied Digital Services Ltd., a publicly-traded global IT services company, officially announced the business and financial highlights of the company for the year ended March 2022.

The key highlights include:

  • Operating Revenue at Rs. 484.68 Cr with an increase of 35% Y–o–Y basis
  • EBITDA (Before ESOP) of Rs. 103.16 Cr with quantum jump of 112% on Y-o-Y basis
  • PAT of Rs. 61.01 Cr with an increase of 217% Y-o-Y basis
  • EPS of Rs. 11.66 (Face Value Rs. 5/share) increased by 205% on Y-o-Y basis
  • Nearly zero Debt and no pledge of promoters’ shares
  • Proposed dividend of 20% on Face Value of Rs. 5/share
  • Orderbook (Mainly Services) stood at Rs. 1400+ Cr as on 31.03.2022
  • Business operations started for newly incorporated subsidiaries in Japan, Brazil and China
  • Launched service platform in FinTech vertical FinoAllied’
  • Nominated as New Champion at World Economic Forum
  • Headcount stood at 3,000+ as on 31.03.2022 incl. 1,000+ recruited during the year

Our CMD, Mr. Nitin Shah, stated, “During the transformation period of 4 years, we had been stating ‘small pain but long gain’ and true to what we had anticipated, now we are in the long gain phase for the last 2 -3 years. We are very pleased to inform such positive results which will be continued for long period.”

CDO, Mr. Utpal Chakraborty, mentioned – “Allied Digital is amongst the first ones to launch path-breaking banking solutions like Conversation AI Platform for banks. This is going to change the way consumers transact with banks. This cloud-based, plug & play conversational banking is going to accelerate the transformation of the BFSI segment and is going to be a great boon for small and mid-sized banks.

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