Ajcon Global Services Ltd

Ajcon Global Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ajcon Global Services Ltd

₹ 36.2 2.11%
18 Apr - close price
ajcononline.com BSE: 511692
About

Incorporated in 1986, Ajcon Global Services
Ltd provides consulting-led integrated financial services[1]

Key Points

Business Overview:[1]
Company is a registered member of national exchanges viz. BSE, NSE, MCS-SX (Cash and Derivative segment), and CDSL (DP) with nationwide trading terminals for its broking activity. AGSL is also a dealer with M.P. Stock Exchange on both the institutional broking and retail broking front.
It is impaneled with 25+ leading banks and mutual funds for their secondary market operations on the capital market segment of NSE. AGSL is associated with the Bank of India as an online trading partner for the equity market operations of its customers. It has also developed an online trading portal www. pyarapaisa.com to cater to the needs of Bank of India customers.

Website BSE
  • Market Cap ₹ 22.2 Cr.
  • Current Price ₹ 36.2
  • High / Low ₹ 51.4 / 25.2
  • Stock P/E 26.1
  • Book Value ₹ 36.9
  • Dividend Yield 0.00 %
  • ROCE 5.40 %
  • ROE 2.79 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Stock is trading at 0.98 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -0.44%
  • The company has delivered a poor sales growth of 6.22% over past five years.
  • Company has a low return on equity of 6.71% over last 3 years.
  • Company might be capitalizing the interest cost
  • Debtor days have increased from 21.7 to 55.9 days.
  • Working capital days have increased from 221 days to 496 days

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

Peer comparison

Sector: Stock/ Commodity Brokers Industry: Finance & Investments

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
10.09 6.65 4.54 5.15 10.20 21.59 2.22 2.02 1.63 2.22 6.32 2.73 3.45
9.98 7.00 3.75 4.21 9.72 20.64 1.93 1.34 1.26 2.16 5.41 2.31 2.90
Operating Profit 0.11 -0.35 0.79 0.94 0.48 0.95 0.29 0.68 0.37 0.06 0.91 0.42 0.55
OPM % 1.09% -5.26% 17.40% 18.25% 4.71% 4.40% 13.06% 33.66% 22.70% 2.70% 14.40% 15.38% 15.94%
0.02 0.96 0.02 0.02 0.07 0.04 0.01 0.02 0.01 0.02 0.02 0.02 0.02
Interest 0.13 0.12 0.10 0.13 0.05 0.07 0.07 0.10 0.13 0.12 0.12 0.14 0.14
Depreciation 0.10 0.09 0.09 0.09 0.09 0.09 0.10 0.09 0.10 0.10 0.10 0.10 0.10
Profit before tax -0.10 0.40 0.62 0.74 0.41 0.83 0.13 0.51 0.15 -0.14 0.71 0.20 0.33
Tax % 190.00% 0.00% 0.00% 20.27% 12.20% 37.35% 23.08% 25.49% 26.67% 21.43% 25.35% 20.00% 24.24%
0.09 0.39 0.61 0.59 0.36 0.51 0.10 0.38 0.11 -0.11 0.54 0.17 0.25
EPS in Rs 0.15 0.64 1.00 0.96 0.59 0.83 0.16 0.62 0.18 -0.18 0.88 0.28 0.41
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
8.59 6.60 5.16 5.59 6.08 7.52 5.79 31.20 26.62 47.15 40.82 7.83 14.72
6.32 4.64 3.76 4.00 4.47 5.90 4.63 30.35 27.19 45.60 37.57 6.37 12.78
Operating Profit 2.27 1.96 1.40 1.59 1.61 1.62 1.16 0.85 -0.57 1.55 3.25 1.46 1.94
OPM % 26.43% 29.70% 27.13% 28.44% 26.48% 21.54% 20.03% 2.72% -2.14% 3.29% 7.96% 18.65% 13.18%
0.01 0.05 -0.01 0.00 -0.05 0.04 0.00 0.08 0.04 0.96 0.05 0.00 0.08
Interest 0.66 0.56 0.56 0.62 0.74 0.74 0.52 0.64 0.63 0.57 0.34 0.42 0.52
Depreciation 0.36 0.40 0.42 0.45 0.29 0.25 0.23 0.41 0.40 0.40 0.37 0.38 0.40
Profit before tax 1.26 1.05 0.41 0.52 0.53 0.67 0.41 -0.12 -1.56 1.54 2.59 0.66 1.10
Tax % 19.84% 34.29% 39.02% 28.85% 20.75% 38.81% 21.95% 16.67% -0.64% -0.65% 19.31% 27.27%
1.01 0.70 0.26 0.37 0.41 0.41 0.31 -0.09 -1.58 1.55 2.08 0.48 0.85
EPS in Rs 1.65 1.14 0.43 0.60 0.67 0.67 0.51 -0.15 -2.58 2.53 3.40 0.78 1.39
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: 2%
5 Years: 6%
3 Years: -34%
TTM: -46%
Compounded Profit Growth
10 Years: -4%
5 Years: 9%
3 Years: 32%
TTM: -23%
Stock Price CAGR
10 Years: 9%
5 Years: 3%
3 Years: 14%
1 Year: 27%
Return on Equity
10 Years: 2%
5 Years: 2%
3 Years: 7%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 6.12 6.12 6.12 6.12 6.12 6.12 6.12 6.12 6.12 6.12 6.12 6.12 6.12
Reserves 6.51 7.21 7.47 7.78 8.19 8.60 8.91 8.78 7.20 8.75 10.83 11.38 16.44
5.38 7.65 6.85 9.15 8.28 6.24 4.06 3.85 4.52 1.58 2.03 3.53 11.79
2.27 2.65 2.29 2.89 1.62 1.22 2.25 2.00 1.80 2.96 2.10 3.23 7.05
Total Liabilities 20.28 23.63 22.73 25.94 24.21 22.18 21.34 20.75 19.64 19.41 21.08 24.26 41.40
1.96 2.04 2.00 1.56 1.70 1.72 1.51 2.13 1.77 1.77 1.58 2.53 2.40
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 2.34 2.35 3.32 3.32 3.29 3.15 3.15 3.15 3.15 3.15 3.07 3.07 1.42
15.98 19.24 17.41 21.06 19.22 17.31 16.68 15.47 14.72 14.49 16.43 18.66 37.58
Total Assets 20.28 23.63 22.73 25.94 24.21 22.18 21.34 20.75 19.64 19.41 21.08 24.26 41.40

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
0.45 -0.08 2.53 -0.90 0.77 3.32 2.50 -0.93 -0.60 4.74 -0.14 -1.31
-0.05 -0.46 -1.30 0.00 -0.35 0.23 0.65 -0.11 -0.04 -0.40 -0.10 -0.24
-1.29 1.48 -1.36 1.67 -1.61 -2.78 -2.70 -0.21 0.67 -2.94 0.45 1.50
Net Cash Flow -0.89 0.94 -0.13 0.78 -1.18 0.76 0.45 -1.25 0.03 1.40 0.21 -0.05

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 152.54 201.30 265.97 192.62 99.65 73.29 59.26 14.27 27.42 7.28 1.97 55.94
Inventory Days
Days Payable
Cash Conversion Cycle 152.54 201.30 265.97 192.62 99.65 73.29 59.26 14.27 27.42 7.28 1.97 55.94
Working Capital Days 582.13 851.67 991.02 875.61 838.66 574.68 648.05 138.51 146.30 71.76 96.39 495.99
ROCE % 10.74% 8.36% 4.73% 5.24% 5.78% 6.29% 4.64% 2.80% -5.08% 6.88% 16.43% 5.40%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
67.48% 67.48% 67.48% 67.48% 67.48% 67.47% 67.47% 67.47% 67.47% 67.47% 67.04% 66.74%
0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85% 0.85%
31.67% 31.67% 31.67% 31.67% 31.67% 31.67% 31.67% 31.67% 31.66% 31.67% 32.09% 32.40%
No. of Shareholders 2,4392,3802,3792,3932,4192,4222,4242,4282,4512,4602,5492,613

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents

Announcements

Annual reports

Credit ratings