Ajanta Soya Ltd
₹ 21.5
-0.46%
17 Jul
- close price
About
Incorporated in 1992, Ajanta Soya Ltd manufactures Vanaspati Oil and Refined Oil[1]
Key Points
- Market Cap ₹ 173 Cr.
- Current Price ₹ 21.5
- High / Low ₹ 39.9 / 16.0
- Stock P/E 20.7
- Book Value ₹ 20.9
- Dividend Yield 0.00 %
- ROCE 9.57 %
- ROE 5.13 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
- Stock is trading at 1.03 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 7.02% over past five years.
- Company has a low return on equity of 8.48% over last 3 years.
- Earnings include an other income of Rs.6.97 Cr.
- Company's cost of borrowing seems high
* 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.
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Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 553 | 579 | 700 | 346 | 695 | 760 | 931 | 1,345 | 1,236 | 1,022 | 1,330 | 1,308 | |
| 549 | 573 | 694 | 346 | 692 | 744 | 895 | 1,297 | 1,230 | 1,019 | 1,296 | 1,295 | |
| Operating Profit | 3 | 6 | 6 | 0 | 2 | 16 | 36 | 48 | 6 | 3 | 34 | 12 |
| OPM % | 1% | 1% | 1% | 0% | 0% | 2% | 4% | 4% | 0% | 0% | 3% | 1% |
| 2 | 3 | 8 | 6 | 5 | 2 | 8 | 5 | 3 | 9 | 9 | 7 | |
| Interest | 1 | 1 | 1 | 1 | 5 | 3 | 2 | 1 | 3 | 4 | 4 | 4 |
| Depreciation | 2 | 1 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 |
| Profit before tax | 2 | 7 | 11 | 4 | 2 | 13 | 41 | 50 | 4 | 5 | 36 | 12 |
| Tax % | -13% | 28% | 35% | 75% | 125% | 24% | 38% | 15% | 42% | 21% | 25% | 31% |
| 3 | 5 | 7 | 1 | -0 | 10 | 25 | 42 | 2 | 4 | 27 | 8 | |
| EPS in Rs | 0.33 | 0.66 | 0.92 | 0.12 | -0.05 | 1.22 | 3.12 | 5.24 | 0.28 | 0.50 | 3.37 | 1.04 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | 7% |
| 3 Years: | 2% |
| TTM: | -2% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 6% |
| 5 Years: | -20% |
| 3 Years: | 90% |
| TTM: | -68% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 15% |
| 5 Years: | 0% |
| 3 Years: | -8% |
| 1 Year: | -44% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 12% |
| 3 Years: | 8% |
| Last Year: | 5% |
Balance Sheet
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 | 16 |
| Reserves | 11 | 16 | 25 | 29 | 28 | 38 | 63 | 107 | 110 | 115 | 143 | 152 |
| 16 | 16 | 1 | 30 | 24 | 3 | 3 | 0 | 1 | 0 | 0 | 8 | |
| 49 | 59 | 70 | 42 | 87 | 60 | 78 | 141 | 105 | 85 | 100 | 76 | |
| Total Liabilities | 92 | 107 | 112 | 117 | 155 | 117 | 160 | 265 | 232 | 216 | 259 | 252 |
| 10 | 10 | 10 | 32 | 32 | 31 | 35 | 40 | 40 | 45 | 46 | 45 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 0 | 0 | 0 | 5 |
| Investments | 15 | 22 | 24 | 5 | 5 | 5 | 18 | 24 | 15 | 24 | 37 | 16 |
| 67 | 76 | 79 | 80 | 118 | 81 | 106 | 200 | 177 | 148 | 176 | 186 | |
| Total Assets | 92 | 107 | 112 | 117 | 155 | 117 | 160 | 265 | 232 | 216 | 259 | 252 |
Cash Flows
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -15 | 11 | 21 | -45 | 22 | 21 | 22 | 28 | -24 | 25 | 16 | -33 | |
| -1 | -6 | -12 | 10 | -4 | 0 | -23 | -25 | 20 | -17 | -14 | 27 | |
| 13 | -1 | -11 | 33 | -11 | -26 | 4 | -4 | -1 | -5 | -3 | 2 | |
| Net Cash Flow | -2 | 4 | -3 | -2 | 7 | -5 | 2 | -0 | -5 | 3 | -1 | -3 |
| Free Cash Flow | -16 | 10 | 20 | -67 | 21 | 20 | 16 | 19 | -15 | 12 | 2 | -40 |
| CFO/OP | -416% | 183% | 431% | -28,620% | 1,043% | 145% | 72% | 95% | -282% | 863% | 69% | -226% |
Ratios
Figures in Rs. Crores
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 15 | 11 | 11 | 16 | 15 | 8 | 7 | 6 | 11 | 4 | 10 | 7 |
| Inventory Days | 22 | 29 | 17 | 48 | 30 | 21 | 18 | 39 | 35 | 37 | 31 | 40 |
| Days Payable | 32 | 35 | 35 | 41 | 44 | 27 | 25 | 37 | 29 | 29 | 26 | 18 |
| Cash Conversion Cycle | 5 | 4 | -7 | 23 | 1 | 2 | -0 | 8 | 16 | 12 | 14 | 29 |
| Working Capital Days | -5 | -8 | -8 | 6 | -5 | 3 | 3 | 6 | 16 | 12 | 13 | 26 |
| ROCE % | 9% | 18% | 24% | 6% | 2% | 25% | 60% | 49% | 4% | 6% | 27% | 10% |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Production Volume of Vanaspati/Refined Oil MT |
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| Sales Volume of Vanaspati/Refined Oils MT |
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| Number of Permanent Employees count |
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| Number of Dealers/Distributors count |
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| Branded Revenue Share % |
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Documents
Announcements
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
3 Jul - Certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018
-
Announcement under Regulation 30 (LODR)-Change in Management
30 Jun - Board reappointed Sushil Kumar Goyal and Abhey Goyal, named Anil Kumar Rana CFO, effective 1 July 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
30 Jun - MD and WTD reappointed for 3 years; CFO retires 30 Jun 2026, Anil Kumar Rana appointed 1 Jul 2026.
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Announcement under Regulation 30 (LODR)-Retirement
30 Jun - Board reappointed Sushil Kumar Goyal and Abhey Goyal; appointed Anil Kumar Rana CFO from 1 July 2026.
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Announcement under Regulation 30 (LODR)-Change in Management
30 Jun - Board approved MD and WTD reappointments, CFO change, and SMP designation effective 1 July 2026.
Annual reports
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Financial Year 2025
from bse
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Financial Year 2024
from bse
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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
from bse
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Financial Year 2014
from bse
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Financial Year 2013
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Financial Year 2012
from bse
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Financial Year 2011
from bse
Business Overview:[1]
ASL manufactures Vanaspati and cooking oil with applications in Speciality Fats like biscuits, puffs, pastries, etc. It also offers its products as food ingredients to food manufacturers and food service industry