Ajcon Global Services Ltd
Incorporated in 1986, Ajcon Global Services Ltd provides stock broking services and corporate advisory services to its clients[1]
- Market Cap ₹ 35.2 Cr.
- Current Price ₹ 5.76
- High / Low ₹ 14.5 / 5.11
- Stock P/E
- Book Value ₹ 4.19
- Dividend Yield 0.00 %
- ROCE 4.52 %
- ROE 2.25 %
- Face Value ₹ 1.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -9.66% over past five years.
- Company has a low return on equity of 3.45% over last 3 years.
* 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
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Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7.90 | 8.51 | 8.17 | 9.23 | 8.25 | 33.16 | 27.90 | 48.00 | 41.64 | 8.60 | 16.07 | 16.79 | 20.02 | |
| 3.96 | 4.39 | 5.17 | 6.22 | 5.58 | 30.93 | 28.11 | 46.08 | 38.03 | 6.68 | 13.27 | 14.83 | 19.09 | |
| Operating Profit | 3.94 | 4.12 | 3.00 | 3.01 | 2.67 | 2.23 | -0.21 | 1.92 | 3.61 | 1.92 | 2.80 | 1.96 | 0.93 |
| OPM % | 49.87% | 48.41% | 36.72% | 32.61% | 32.36% | 6.72% | -0.75% | 4.00% | 8.67% | 22.33% | 17.42% | 11.67% | 4.65% |
| 0.01 | 0.00 | -0.21 | 0.05 | 0.04 | 0.13 | 0.33 | 0.96 | 0.05 | 0.00 | 0.01 | 0.02 | 0.25 | |
| Interest | 3.02 | 3.16 | 2.37 | 1.86 | 1.51 | 1.90 | 1.23 | 0.92 | 0.59 | 0.76 | 0.73 | 0.82 | 0.82 |
| Depreciation | 0.46 | 0.48 | 0.31 | 0.28 | 0.24 | 0.41 | 0.40 | 0.40 | 0.37 | 0.38 | 0.39 | 0.37 | 0.37 |
| Profit before tax | 0.47 | 0.48 | 0.11 | 0.92 | 0.96 | 0.05 | -1.51 | 1.56 | 2.70 | 0.78 | 1.69 | 0.79 | -0.01 |
| Tax % | 36.17% | 35.42% | 109.09% | 33.70% | 22.92% | 0.00% | 1.32% | 0.00% | 18.89% | 26.92% | 23.08% | 26.58% | |
| 0.30 | 0.30 | -0.01 | 0.61 | 0.74 | 0.02 | -1.54 | 1.56 | 2.18 | 0.57 | 1.25 | 0.54 | -0.01 | |
| EPS in Rs | 0.05 | 0.05 | 0.01 | 0.10 | 0.12 | 0.00 | -0.25 | 0.25 | 0.36 | 0.09 | 0.20 | 0.09 | -0.01 |
| 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: | 7% |
| 5 Years: | -10% |
| 3 Years: | -26% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 19% |
| 3 Years: | -37% |
| TTM: | -103% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 19% |
| 3 Years: | 26% |
| 1 Year: | -14% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 5% |
| 3 Years: | 3% |
| Last Year: | 2% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 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 | 11.18 | 11.44 | 11.48 | 12.08 | 12.78 | 12.76 | 11.21 | 12.77 | 14.95 | 15.58 | 16.83 | 19.02 | 19.50 |
| 19.61 | 32.66 | 19.31 | 16.90 | 19.90 | 18.28 | 19.06 | 12.39 | 9.72 | 10.82 | 10.06 | 9.99 | 9.42 | |
| 3.88 | 4.71 | 3.16 | 3.28 | 4.70 | 4.31 | 4.15 | 5.12 | 4.08 | 5.22 | 5.29 | 4.87 | 5.05 | |
| Total Liabilities | 40.79 | 54.93 | 40.07 | 38.38 | 43.50 | 41.47 | 40.54 | 36.40 | 34.87 | 37.74 | 38.30 | 40.00 | 40.09 |
| 2.31 | 1.85 | 1.80 | 1.72 | 1.51 | 2.14 | 1.77 | 1.77 | 1.58 | 2.54 | 2.23 | 2.18 | 2.13 | |
| 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 | 0.75 | 0.75 | 1.52 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 |
| 37.73 | 52.33 | 36.75 | 35.24 | 40.57 | 37.91 | 37.35 | 33.21 | 31.87 | 33.78 | 34.65 | 36.40 | 36.54 | |
| Total Assets | 40.79 | 54.93 | 40.07 | 38.38 | 43.50 | 41.47 | 40.54 | 36.40 | 34.87 | 37.74 | 38.30 | 40.00 | 40.09 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6.46 | -11.62 | 13.89 | 3.57 | 11.66 | 1.79 | -0.72 | 8.48 | 3.08 | -0.94 | -0.15 | -1.12 | |
| -0.49 | 0.01 | -1.13 | 0.26 | -13.70 | -0.11 | -0.04 | -0.40 | -0.18 | -0.24 | -0.08 | -0.32 | |
| -6.11 | 12.47 | -14.05 | -3.11 | 2.48 | -2.94 | 0.79 | -6.68 | -2.67 | 1.10 | -0.77 | 1.59 | |
| Net Cash Flow | -0.14 | 0.85 | -1.29 | 0.73 | 0.43 | -1.27 | 0.03 | 1.41 | 0.23 | -0.08 | -1.00 | 0.15 |
| Free Cash Flow | 6.07 | -11.69 | 13.42 | 3.41 | 11.64 | 1.68 | -0.76 | 8.08 | 2.90 | -1.18 | -0.23 | -1.44 |
| CFO/OP | 164% | -273% | 477% | 141% | 444% | 81% | 338% | 444% | 99% | -39% | 9% | -47% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 179.73 | 131.25 | 75.50 | 59.71 | 42.03 | 13.43 | 26.56 | 7.38 | 1.93 | 50.93 | 13.40 | 13.48 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 179.73 | 131.25 | 75.50 | 59.71 | 42.03 | 13.43 | 26.56 | 7.38 | 1.93 | 50.93 | 13.40 | 13.48 |
| Working Capital Days | 675.02 | 485.95 | 545.04 | 494.71 | 596.83 | 88.17 | 77.58 | 67.14 | 91.86 | 437.58 | 300.72 | 332.17 |
| ROCE % | 8.54% | 8.09% | 5.98% | 7.30% | 6.44% | 4.97% | -0.73% | 4.39% | 10.06% | 4.65% | 7.06% | 4.52% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtors Turnover Ratio Ratio ・Standalone data |
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| Distribution Partnership count (Bank of India tie-up) Number ・Standalone data |
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| Revenue from Consultancy and Advisory Services INR Lacs ・Standalone data |
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| Revenue from Stock Market Operations INR Lacs ・Standalone data |
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| Value of Inventory (Stocks/Securities) INR Lacs ・Standalone data |
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| Number of Permanent Employees Number ・Standalone data |
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Documents
Announcements
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Regulation 74(5) Of SEBI (D&P) Regulations, 2018 Disclosure
2d - Submitted Regulation 74(5) compliance certificate for quarter ended 31 March 2026.
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Undertaking For Initial/ Annual Disclosure For Large Corporate
1 Apr - Ajcon Global confirms no borrowings as of 31.03.2026; not classified as SEBI Large Corporate.
- Closure of Trading Window 20 Mar
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Report On Re-Lodgement Of Transfer Request Of Physical Shares
27 Feb - Intimation on re-lodgement requests for physical shares under SEBI circular; no requests as of Jan 06, 2026.
-
Non-Applicability Of Rpts Disclosure For The Quarter Ended 31.12.2025
13 Feb - Company exempt from Reg 23(9): paid-up equity <Rs10Cr and net worth <Rs25Cr as on 31.03.2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
a) AGSL is an ISO 9001:2015 certified company which is registered with SEBI and is a member of NSE and BSE
b) The company acts asa stockbroker
c) Their clients comprise Retail (including
high net worth individuals), financial institutions, Insurance Companies and Corporate Clients and company also undertakes proprietary trades.
d) It is registered with SEBI as the Depository Participant of Central Depository Services (India) Limited.
e) The company is also registered with SEBI in the capacity of Research Analyst and Merchant Banker and also provides Corporate Advisory Services to various clients including corporate clients.