Ajwa Fun World & Resort Ltd

Ajwa Fun World & Resort Ltd

₹ 44.4 4.98%
26 Nov - close price
About

Incorporated in 1992, Ajwa Fun World & Resort Ltd is engaged in Amusement Business
activities.[1]

Key Points

Business Overview:[1][2][3]
AFWRL specializes in operating amusement parks in Vadodara, with its AJWA Parks attracting over 10 million visitors since FY20—making it the most visited amusement park in India. The company also offers a wide range of services, including quarterly events, water park activities, resorts, party plots, and food and beverage facilities.

  • Market Cap 28.4 Cr.
  • Current Price 44.4
  • High / Low 64.1 / 20.8
  • Stock P/E 0.52
  • Book Value 81.9
  • Dividend Yield 0.00 %
  • ROCE 36.6 %
  • ROE %
  • Face Value 10.0

Pros

  • Stock is trading at 0.54 times its book value
  • Company has delivered good profit growth of 21.8% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Earnings include an other income of Rs.54.6 Cr.
  • Debtor days have increased from 49.2 to 139 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.

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Quarterly Results

Figures in Rs. Crores

Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025
0 1 1 2 0 0 1 2 -0 0 1 0 0
0 1 1 1 0 0 0 0 0 0 1 0 0
Operating Profit -0 0 0 1 -0 -0 0 1 -0 -0 0 -0 -0
OPM % -182% 1% 17% 55% -39% -105% 6% 77% -109% 34%
0 0 0 0 0 0 0 0 0 0 0 0 55
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax -0 -0 0 1 -0 -0 -0 1 -0 -0 0 -0 54
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
-0 -0 0 1 -0 -0 -0 1 -0 -0 0 -0 54
EPS in Rs -0.42 -0.11 0.08 1.19 -0.34 -0.49 -0.14 2.21 -0.78 -0.30 0.58 -0.25 85.12
Raw PDF

Profit & Loss

Figures in Rs. Crores

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
4 4 4 4 3 4 2 0 1 3 3 3 1
3 4 3 4 3 3 3 1 1 3 2 2 1
Operating Profit 0 1 0 -0 0 1 -1 -1 -1 0 0 1 -0
OPM % 8% 13% 13% -5% 6% 16% -34% -211% -160% 2% 18% 25% -9%
0 0 0 0 0 0 0 0 0 0 0 -0 55
Interest 0 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 1 1 1 0 0 0 0 0 0 0 0
Profit before tax -0 0 -0 -1 -0 0 -1 -1 -1 0 0 0 54
Tax % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 23%
-0 0 -0 -1 -0 0 -1 -1 -1 0 0 0 54
EPS in Rs -0.53 0.13 -0.67 -1.39 -0.14 0.25 -1.85 -1.55 -1.83 0.41 0.17 0.47 85.15
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: -4%
5 Years: 7%
3 Years: 70%
TTM: -53%
Compounded Profit Growth
10 Years: 26%
5 Years: 22%
3 Years: 39%
TTM: 10569%
Stock Price CAGR
10 Years: 12%
5 Years: 47%
3 Years: 35%
1 Year: 93%
Return on Equity
10 Years: %
5 Years: %
3 Years: %
Last Year: %

Balance Sheet

Figures in Rs. Crores

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 6 6 6 6 6 6 6 6 6 6 6 6
Reserves -4 -4 -5 -6 -6 -6 -7 -8 -9 -9 -9 -8 46
4 4 7 6 6 6 7 7 5 4 5 4 5
5 4 3 3 2 1 1 2 4 4 3 10 -4
Total Liabilities 11 10 12 10 9 8 8 7 7 6 7 13 54
6 6 5 5 4 4 3 4 4 4 4 3 0
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 2 0 1 1 0 0 0 0 0 43
5 4 7 4 5 3 3 3 3 2 3 10 10
Total Assets 11 10 12 10 9 8 8 7 7 6 7 13 54

Cash Flows

Figures in Rs. Crores

Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
0 1 0 -2 2 1 -1 0 2 4 0 7
-0 -0 -0 -0 -2 0 -0 0 -0 0 -0 -6
-0 -0 3 -1 -0 -1 0 0 -2 -5 0 -1
Net Cash Flow -1 0 3 -3 -0 1 -0 1 -0 -0 -0 -0

Ratios

Figures in Rs. Crores

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 176 133 133 133 5 44 6 27 80 4 4 139
Inventory Days 12 12 13 5 9 14 17 182 33 4 0 0
Days Payable 2,567 1,976 2,112 1,553 1,773 820 912 23,908 11,713 469
Cash Conversion Cycle -2,379 -1,831 -1,966 -1,414 -1,759 -762 -890 -23,698 -11,600 -461 4 139
Working Capital Days -21 -20 -2 -587 -653 -454 -1,022 -8,895 -4,791 -841 -104 -74
ROCE % -5% 1% -6% -11% 0% 3% -16% -15% -28% 17% 12% 37%

Shareholding Pattern

Numbers in percentages

Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025
49.54% 49.54% 49.54% 49.54% 49.54% 49.54% 49.54% 49.54% 49.54% 49.54% 49.53% 49.54%
0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02% 0.02%
50.44% 50.43% 50.43% 50.43% 50.44% 50.44% 50.43% 50.44% 50.43% 50.44% 50.45% 50.43%
No. of Shareholders 5,4285,4245,4095,3965,3935,3775,3655,3515,3475,3425,3455,329

* 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.

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