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Adtech Systems financials and balance sheet

BSE: 544185Industrial ManufacturingSmall Cap

Last close ₹38.69up ₹0.19 (0.49%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹38.50.

52-week range of traded prices to 23 Oct 2026
₹34.10Low, 23 Oct 2026₹83.98High, 23 Oct 2025
Market cap
₹46 Cr3,151st largest listed
P/E
20.6
P/B
0.9
Dividend yield
2.84%
ROE
4.2%
ROCE
3.8%
Debt to equity
0.00
Volume, BSE
2,758

2 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.Adtech Systems annual reports

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
Peak revenue ₹48 Cr, year to Mar 2025

Operating and net margin, per cent

  • Operating margin
  • Net margin

Results for the year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue46
  2. Materials and goods−27
  3. Employee costs−7.9
  4. Other expenses−6.7
  5. Operating profit4.3
  6. Depreciation−0.7
  7. Other income+1.3
  8. One-off items0.0
  9. Finance costs−0.1
  10. Profit before tax4.8
  11. Tax−1.4
  12. Net profit3.4

What the company owns

  • Plant, investments and other assets₹25 Cr
  • Receivables₹18 Cr
  • Inventory₹13 Cr
  • Cash and bank₹8 Cr
  • Current investments₹4 Cr

What pays for it: net worth and liabilities

  • Net worth₹54 Cr
  • Other liabilities₹7 Cr
  • Owed to suppliers₹7 Cr

Adtech Systems business segments, year to Mar 2026

A reportable segment is a line of business the company must report on its own. Standalone, ₹ crore, as the company reports them. A segment at a loss has no share of profit.Adtech Systems segment results by quarter

Revenue by segment

₹46 CrTotal
  • Electronic Security Systems₹46.0 Cr99.2% of total
  • Solar Project₹0.4 Cr0.8% of total

Profit by segment

  • Electronic Security Systems₹10.3 Cr100.0% of total

Segment results by year

Standalone, ₹ crore, years to March.

  • Electronic Security Systems

    Revenue, ₹ crore
    Profit, ₹ crore
  • Solar Project

    Revenue, ₹ crore
    Profit, ₹ crore
₹ croreMar 2025Mar 2026
Revenue of all businesses47.746.3
Company revenue, as in its results47.746.3
Revenue47.546.0
Revenue growth–−3.2%
Profit12.310.3
Profit growth–−16.6%
Margin26.0%22.4%
Return on capital62.0%56.7%
Assets22.724.8
Liabilities2.86.6
Capital employed19.918.2
Revenue0.20.4
Profit is before tax and finance costs, the way companies report their segments.

Profit and loss

Standalone, ₹ crore, years to March.Adtech Systems quarterly results

₹ croreMar 2025Filed 10 JunMar 2026Filed 1 Jun
Revenue from operations47.746.3
41.342.1
Materials and goods bought27.227.5
Employee costs7.87.9
Other expenses6.36.7
Operating profit before depreciation6.44.3
Operating margin13.4%9.2%
Materials, % of revenue57.0%59.3%
Employee costs, % of revenue16.4%17.1%
Other expenses, % of revenue13.2%14.4%
Depreciation and amortisation0.70.7
Operating profit after depreciation5.73.6
Other income1.21.3
Finance costs0.30.1
Profit before one-off items and tax6.54.8
One-off items−0.70.0
Profit before tax5.84.8
1.41.4
Net profit4.43.4
Net margin9.2%7.4%

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2025Filed 10 JunMar 2026Filed 1 Jun
51.954.0
Share capital12.312.3
Reserves39.641.7
Borrowings0.00.0
9.012.7
Liabilities due after a year0.70.6
Total assets61.667.4
11.211.3
50.356.0
Net debt−8.1−11.7
Borrowings are counted again inside the liabilities due within a year and after a year.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2025Filed 10 JunMar 2026Filed 1 Jun
6.404.59
9.046.37
1.621.32
Receivables0.260.78
Inventories1.20−2.12
Payables−0.733.66
Other working capital0.89−1.01
Tax paid−1.65−1.36
Interest paid−0.27−0.14
Capital spending0.380.78
Free cash flow6.023.81
−0.31−4.14
−4.61−0.68
Dividends paid1.191.31
Shares bought back0.000.00
Shares issued0.000.00
Net change in cash1.47−0.23
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only.

Per share

Standalone, ₹ per share, years to March.Adtech Systems dividend history

₹ per shareMar 2025Filed 10 JunMar 2026Filed 1 Jun
Earnings per share₹3.68₹2.87
Diluted earnings per share₹3.68₹2.87
Dividend per share₹1.00₹1.10
Book value per share₹43.55₹45.32
Dividend payout27.2%38.3%
Shareholder yield1.6%2.3%
Market cap at the year end (₹ crore)72.757.2

Ratios

Standalone, years to March.Adtech Systems PE ratio and valuation

RatioMar 2025Filed 10 JunMar 2026Filed 1 Jun
Revenue growth–−2.9%
Operating profit growth–−33.5%
Net profit growth–−21.8%
Earnings per share growth–−22.0%
8.4%6.5%
–−2.0 pts
From the net margin–−1.6 pts
From asset turnover–−0.5 pts
From borrowing–0.2 pts
Return on capital employed10.9%6.7%
Cash conversion146.1%134.0%
Interest cover20.826.6
Debt to equity0.000.00
Receivable days143141
Inventory days142168
Payable days4088
Cash conversion cycle, days244221
Working capital days254249
Asset turnover0.780.72
Assets per rupee of net worth1.191.22
Sales per rupee of plant6.516.23
Capital spending to depreciation0.521.19

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2026.

Return on assets, latest year
5.3%
Cash from operations against operating profit
107.8%
Measure3 years
Return on equity, average7.5%
Return on capital employed, average8.8%
Operating margin, average11.3%
Net margin, average8.3%
Asset turnover, average0.75
Cash conversion cycle, days, average232
Interest cover, average23.7
Debt to equity, average0.00

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ croreLatest year
Cash from operations4.59
Cash from investing−4.14
Cash from financing−0.68
Capital spending0.78
Dividends paid1.31
Shares bought back0.00
Shares issued for cash0.00
Borrowings raised0.00
Borrowings repaid0.00

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2025Mar 2026
Altman Z-scorePublished threshold 1.817.325.13
Beneish M-scorePublished threshold −1.78–−2.70
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets–4.61
Receivables growth less revenue growthOur threshold 0 percentage points–−1.25
Inventory growth less cost-of-goods growthOur threshold 0 percentage points–19.05
Other current assets growth less revenue growthOur threshold 5 per cent of revenue–1.62
Effective tax ratePublished threshold 17.16 per cent24.7128.44
Tax charged less tax paid, % of profitOur threshold 10 percentage points−3.630.00
A threshold marked as ours has no published figure; it is the line we read the check against.