Assembled from the company's filings and exchange data as of today. Download PDF renders this page on the server; the narrative sections arrive with the Nexa composer.
Dossier · ADTECH SYSTEMS LIMITED · 9 October 2026Page 1 of 3
Company Dossier
MarketPing Research · factual · no rating expressed
ADTECH SYSTEMS LIMITED
BSE: 544185
BSE: 544185
Industrials › Capital Goods › Industrial Manufacturing › Industrial Products
ADTECH SYSTEMS LIMITED
StateQ1 FY27 filed
Last close · 9 Oct 2026₹37.01
Market cap₹0.0k cr
TTM P/E · P/B · EV/EBITDA46.9 · 0.87 · 18.5
ADTECH SYSTEMS LIMITED is a Industrial Manufacturing company. The annual-report business brief for this company has not been generated yet; the numbers below are as filed.
What a broker report prints here — the analyst's thesis. This dossier prints the filed record instead; the narrative read of the latest results, the guidance ledger and the earnings-call summary are the composer's sections (INSTITUTIONAL-PLAN.md M3) and are not yet produced.
Exhibit 1: Financial summary, FY25–FY26 (all audited; no estimate years)
| ₹ crore · standalone | FY25 | FY26 |
|---|---|---|
| Revenue | 48 | 46 |
| EBITDA (ex other income) | 6 | 4 |
| margin % | 11.9 | 9.2 |
| Owners' profit | 4 | 3 |
| EPS, as reported (₹) | 3.68 | 2.87 |
| ROE % · ROCE % | 8.4 · 11.6 | 6.3 · 9.0 |
| Debt / equity (x) | 0.00 | 0.00 |
| Cash from operations | 6 | 5 |
| Capex | (0) | (1) |
Source: SEBI results XBRL as filed with BSE/NSE; EBITDA excludes other income.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · ADTECH SYSTEMS LIMITED · 9 October 2026Page 2 of 3
Exhibit 2: Quarterly performance, last 8 quarters
| ₹ crore | Q2 FY25 | Q3 FY25 | Q4 FY25 | Q1 FY26 | Q2 FY26 | Q3 FY26 | Q4 FY26 | Q1 FY27 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 14 | 12 | 12 | 9 | 8 | 8 | 16 | 13 |
| Profit before tax | 2 | 2 | 1 | 1 | 1 | 1 | 1 | (1) |
| Net profit | 2 | 1 | 1 | 1 | 0 | 0 | 0 | (1) |
| EPS (₹) | 1.52 | 1.06 | 0.73 | 0.56 | 0.42 | 0.42 | 0.41 | (0.44) |
Source: quarterly results as filed; the balance sheet is filed half-yearly and is not repeated here.
Exhibit 3: Segment revenue, FY26
| Segment | Revenue, ₹ crore | Share % |
|---|---|---|
| Electronic Security Systems | 40 | 99.1 |
| Solar Project | 0 | 0.4 |
| Solar Projects | 0 | 0.5 |
| Total, before eliminations | 41 | 100.0 |
Source: the filed segment block, four quarters summed.
Exhibit 4: Peers — basic industry group, by market cap
| Company | M.cap ₹ cr | P/E | P/B | EV/EBITDA | ROE % | ROCE % | Rev CAGR 5y % | EBITDA m. % |
|---|---|---|---|---|---|---|---|---|
| ADITYA INFOTECH LIMITED | 47,010 | 97.6 | 25.05 | 81.1 | 19.6 | 24.5 | — | 14.8 |
| SYRMA SGS TECHNOLOGY LTD | 32,374 | 87.3 | 10.56 | 56.3 | 11.3 | 13.4 | — | 11.1 |
| HONEYWELL AUTOMATION IND | 28,600 | 52.1 | 6.41 | — | 11.8 | 15.5 | — | 18.2 |
| JYOTI CNC AUTOMATION LTD | 23,149 | 72.0 | 11.57 | 40.8 | 16.8 | 19.2 | — | 22.2 |
| KAYNES TECHNOLOGY IND LTD | 21,672 | 62.6 | 4.55 | 30.8 | 7.6 | 9.8 | — | 17.1 |
| LMW LIMITED | 17,592 | 100.7 | 6.14 | 57.0 | 4.6 | 5.9 | 13.2 | 11.9 |
| TEGA INDUSTRIES LIMITED | 14,712 | 516.7 | 4.32 | 44.3 | 4.2 | 5.4 | — | 4.2 |
| LLOYDS ENGG WORK LIMITED | 14,156 | 55.6 | 8.41 | 58.0 | 11.7 | 11.5 | — | 15.0 |
Source: exchange data and filed statements via the screener; multiples at current prices.
Exhibit 5: Where the company sits in its group
| Metric | Company | Group median | Rank | Better than |
|---|---|---|---|---|
| P/E (TTM) | 45.4 | 28.5 | 88 of 130 | 33% |
| P/B | 0.8 | 3.4 | 11 of 112 | 90% |
| ROCE | 8.8 | 11.3 | 91 of 142 | 36% |
| ROE | 6.3 | 9.8 | 78 of 113 | 31% |
| Debt / Equity | 0.0 | 0.2 | 1 of 113 | 80% |
| EBITDA margin | (2.3) | 12.4 | 101 of 110 | 8% |
| Revenue growth | 50.0 | 20.6 | 24 of 114 | 80% |
| Profit growth | (178.9) | 17.1 | 104 of 109 | 5% |
| Market cap | 45 | 322 | 112 of 141 | 21% |
Source: MarketPing peer ranks; a rank is a measurement, not a view.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in
Dossier · ADTECH SYSTEMS LIMITED · 9 October 2026Page 3 of 3
Exhibit 6: Filings of the last 90 days, with the measured price reaction
| Date · filing | Category | Importance | 1-day % | 5-day % |
|---|---|---|---|---|
| 5 Oct 2026 · Compliance certificate for share dematerialization filed with exchanges | compliance | minimal | — | — |
| 1 Oct 2026 · 35th AGM results: 5 resolutions passed, dividend declared | compliance | minimal | — | — |
| 30 Sept 2026 · 35th AGM held; Re 1.10 per share dividend; MD and Executive Director reappointed for 3 years | board shareholder meetings | low | — | — |
| 26 Sept 2026 · Trading window closed from Oct 1, 2026 till Q2 results announcement | compliance | minimal | — | — |
| 5 Sept 2026 · Adtech Systems fixes Sep 24 2026 record date for 35th AGM and Re 1.10 dividend | board shareholder meetings | low | — | — |
| 5 Sept 2026 · 35th AGM on 30 Sep 2026; Dividend Re.1.10/share; Re-appointment of MD and ED | board shareholder meetings | low | — | — |
| 5 Sept 2026 · Book Closure for 35th AGM Sept 25-30 2026, Dividend Record Date Sept 24 2026 | corporate actions | medium | — | — |
| 5 Sept 2026 · ADTECH SYSTEMS 35th AGM on 30 Sep 2026, dividend of Rs 1.10 per share | board shareholder meetings | low | — | — |
| 14 Aug 2026 · Adtech Q1 FY27 revenue rises 50 percent as profit dips 21 percent | results | high | — | — |
| 14 Aug 2026 · Re-appointment of MD and Executive Director for 3 years from Sep 2026 | management changes | medium | — | — |
Source: exchange announcements; reaction = close-to-close from the filing's session.
How to read this document
| Where a broker report shows | This document shows | Why |
|---|---|---|
| A rating (BUY / ADD / REDUCE / SELL) | A state: the latest filed quarter and the measured reactions | an event is a fact; a rating is an opinion that requires SEBI RA registration |
| A target price and upside | The current price and the multiples against the group | a target is a forecast; a multiple is a measurement |
| Estimate years marked E | More audited years; no estimates | MarketPing publishes no forecasts — your own model lives on the Models page |
Sources, method and disclosures
This document is a statistical summary of publicly filed information and market data, prepared by software from primary sources: SEBI results XBRL filed with BSE and NSE, LODR disclosures, shareholding patterns, exchange price data. It contains no research recommendation, no price target and no opinion on the merits of any security, and is not a research report within the meaning of the SEBI (Research Analysts) Regulations, 2014, Regulation 2(1)(w)(vii). Financial statements are as filed (consolidated where the company files consolidated results). Ratios are computed over filed lines. Where a figure is unavailable the table shows a dash rather than an estimate. The business brief is written by MarketPing's reader from the annual report and checked against it; no figure in a table was generated by a model. Nothing here constitutes investment advice, an offer or a solicitation; readers should consult a SEBI-registered adviser before acting. MarketPing is not a SEBI-registered intermediary.
Every figure is a filed number or a ratio over filed numbers · No rating, target or fair value is expressed · Disclosures on the last pagemarketping.in