As of 6 Nov 2026, Adtech Systems trades at 20.1× trailing earnings, below the industry P/E of 24.8×, and the shares are 54% below their 52-week high. Sales and net profit fell 8.8% and 1.6% a year over 3 years; its ROCE of 8.8% is the lowest among the 7 largest Building Products & Equipment peers. Its dividend yield is 2.9%. It is a small-cap company with a market cap of ₹45 Cr, ranked 51st of 64 Building Products & Equipment companies by market cap; the shares fell 52% over the past year.
- ₹37.99
- ₹37.99
- ₹36.89
- ₹36.78
- 397
Health check
- ReturnsBehind
−51.8% over a year, better than 0 of 7 peers.
- Price tagCheaper
P/E 20.1 vs industry 24.8.
- GrowthShrinking
Sales −8.8%, profit −1.6% a year over 3 years.
- ProfitabilityWeak
ROCE 8.8% vs peer median 20.7%.
- Balance sheetFair
Piotroski 4 of 9.
- Red flags3 to check
Return on equity is low at 6.5%.
Small cap
Market sensitivity
Key metrics
- Market cap
- ₹45 Cr
- Small cap
- P/E
- 20.1
- Industry 24.8
- Price to book
- n/a
- Peers 7.95
- Dividend yield
- 2.91%
- ROE
- 6.5%
- Peers 18.7%
- ROCE
- 8.8%
- Peers 20.7%
- Debt to equity
- n/a
- EPS (TTM)
- ₹1.88
- OPM (TTM)
- 5.4%
- Net margin 0.0%
- Sales growth
- +50.0%
- Latest quarter vs a year ago
- Profit growth
- −178.9%
- Latest quarter vs a year ago
- Price to sales
- 0.97
Strengths and risks
Strengths
- Dividend yield of 2.91%.
- Quarterly sales up 50.0% on a year ago.
- Positive operating cash flow in each of the last 4 years.
Risks to check
- Return on equity is low at 6.5%.
- Quarterly profit down 178.9% on a year ago.
- 54% below its 52-week high.
About Adtech Systems
Adtech Systems Limited provides a range of electronic security solutions in India. The company offers electronic article surveillance systems; retail display security solutions; point of sale solutions and cases; digital locks; RFID solutions; electronic shelf labeling solutions; and footfall counting systems. It also engages in the design and manufacture of IP surveillance solutions; CCTV cellular routers; sensors and gateways; intelligent IP video…
- Headquarters
- Thiruvananthapuram
- Sector
- Industrials
- ISIN
- INE257C01014
- Website
- adtechindia.com
Price range
- Avg volume (3M)
- 4.4K
- 1-year return
- minus 51.8%
- From 52-week high
- minus 54.4%
Peers · Building Products & Equipment
| Company | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|
| CPPLUSAditya Infotech | 4,131.40 | minus 0.94% | 50,682 | 82.2 | 88.3 | 25.9% | 14.5% | 0.10 | 22.7% | plus 215.4% |
| SUPREMEINDSupreme Industries | 3,156.90 | minus 4.07% | 40,118 | 35.5 | 25.0 | 19.6% | 14.4% | 0.01 | 6.8% | minus 15.4% |
| ASTRALAstral | 1,253.60 | minus 9.68% | 33,678 | 59.3 | 31.1 | 17.6% | 15.5% | 0.08 | 8.4% | minus 5.4% |
| BLUESTARCOBlue Star | 1,575.00 | plus 0.19% | 32,381 | 60.6 | 33.4 | 20.7% | 6.6% | 0.22 | 15.7% | minus 18.0% |
| GRINDWELLGrindwell Norton | 1,919.10 | minus 0.55% | 21,248 | 46.0 | 34.1 | 21.0% | 19.2% | 0.02 | 6.6% | plus 16.8% |
| KAJARIACERKajaria Ceramics | 1,180.70 | minus 2.08% | 18,554 | 31.1 | 21.0 | 21.0% | 19.0% | 0.13 | 3.3% | plus 3.3% |
| FINPIPEFinolex Industries | 141.95 | minus 1.95% | 8,777 | 14.5 | 9.5 | 12.6% | 17.5% | 0.02 | −2.4% | minus 23.1% |
| ADTECHAdtech Systems | 37.80 | plus 2.77% | 45 | 20.1 | – | 8.8% | 5.4% | – | −8.8% | minus 51.8% |
| Median of 7 peers | – | −1.95% | 32,381 | 46.0 | 31.1 | 20.7% | 15.5% | 0.08 | 6.8% | −5.4% |
Quarterly results
| ₹ Cr | Jun 25 | Sep 25 | Dec 25 | Mar 26 | Jun 26 |
|---|---|---|---|---|---|
| 8.8 | 13.6 | 8 | 16 | 13.2 | |
| 7.9 | 11.3 | 7.5 | 15.3 | 13.9 | |
| 0.9 | 2.2 | 0.6 | 0.6 | −0.7 | |
| 9.7% | 16.5% | 6.9% | 3.8% | −5.2% | |
| 0.3 | 0.3 | 0.3 | 0.4 | 0.4 | |
| 0.1 | 0 | 0 | 0 | 0.1 | |
| 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | |
| 0.9 | 2.4 | 0.7 | 0.9 | −0.5 | |
| 25.2% | 25.2% | 25.2% | 43.4% | – | |
| 0.7 | 1.8 | 0.5 | 0.5 | −0.5 | |
| 0.56 | 1.49 | 0.42 | 0.41 | -0.44 |
Profit & loss
- Sales CAGR 3Y
- −8.8%
- Profit CAGR 3Y
- −1.6%
- EPS CAGR 3Y
- −1.6%
- ROE
- 6.5%
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 61.1 | 55.1 | 47.7 | 46.3 | |
| – | minus 9.9% | minus 13.3% | minus 2.9% | |
| 53 | 48.5 | 41.2 | 42 | |
| 8.1 | 6.6 | 6.5 | 4.3 | |
| 13.3% | 11.9% | 13.6% | 9.4% | |
| 0.8 | 0.9 | 1 | 1.1 | |
| 1.6 | 1 | 0.1 | 0 | |
| 1 | 1.1 | 0.7 | 0.7 | |
| −1.4 | −0 | −0.8 | 0 | |
| 4.8 | 5.4 | 5.8 | 4.8 | |
| 24.9% | 22.7% | 24.7% | 28.4% | |
| 3.6 | 4.2 | 4.4 | 3.4 | |
| – | +15.5% | +5.5% | minus 21.8% | |
| 3.02 | 3.48 | 3.68 | 2.87 |
Forecast
Balance sheet
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 12.3 | 12.3 | 12.3 | 12.3 | |
| 33.4 | 36.4 | 39.6 | 41.7 | |
| 11.6 | 3.9 | – | – | |
| 11.1 | 8.6 | 9.7 | 13.4 | |
| 68.4 | 61.2 | 61.6 | 67.4 | |
| 9.4 | 8.6 | 7.3 | 7.4 | |
| 0.1 | – | – | – | |
| 1.5 | 0.5 | 1.9 | 5.2 | |
| 57.5 | 52.2 | 52.3 | 54.7 | |
| 68.4 | 61.2 | 61.6 | 67.4 |
Cash flow
| ₹ Cr | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|
| 4.1 | 8.2 | 6.4 | 4.6 | |
| 1.6 | 0 | −0.4 | −4.1 | |
| −11.3 | −9.2 | −4.6 | −0.7 | |
| −5.5 | −1 | 1.4 | −0.2 | |
| −0.7 | −0.5 | −0.4 | −0.8 | |
| 3.4 | 7.8 | 6 | 3.8 | |
| −1.2 | −1.2 | −1.2 | −1.3 |
Shareholding pattern
This company is listed only on BSE, so there’s no NSE category split. See Major shareholders below for the named holders.
Major shareholders
Filings & events
News
No recent news coverage found.