Ajel Ltd

Ajel Ltd

₹ 15.7 0.96%
02 May 12:08 p.m.
About

Incorporated in 1994, Ajel Ltd provides IT Consulting and Software Development Services and Financial Services[1]

Key Points

Business Overview:[1]
Ajel is a global software services company providing consulting, Systems Integration, and outsourcing solutions to clients in key industry verticals. It has assisted major firms with their CRM, ERP, QA, Business Integration, Internet Development, Applications Management, and Product Development programs

  • Market Cap 18.3 Cr.
  • Current Price 15.7
  • High / Low 20.7 / 6.91
  • Stock P/E
  • Book Value 12.2
  • Dividend Yield 0.00 %
  • ROCE -2.04 %
  • ROE -2.27 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of -2.98% over past five years.
  • Company has a low return on equity of -1.77% over last 3 years.
  • Company has high debtors of 643 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

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
0.50 0.57 0.51 0.53 0.55 0.59 0.63 0.68 0.68 1.10 1.16 1.18 1.29
0.53 0.65 0.53 0.52 0.57 0.66 0.69 0.76 0.79 1.37 1.26 1.97 1.95
Operating Profit -0.03 -0.08 -0.02 0.01 -0.02 -0.07 -0.06 -0.08 -0.11 -0.27 -0.10 -0.79 -0.66
OPM % -6.00% -14.04% -3.92% 1.89% -3.64% -11.86% -9.52% -11.76% -16.18% -24.55% -8.62% -66.95% -51.16%
0.00 -0.05 0.00 0.00 0.00 0.11 0.00 0.00 0.00 0.39 0.01 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.15
Depreciation 0.00 0.10 0.00 0.00 0.00 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.03 -0.23 -0.02 0.01 -0.02 -0.06 -0.06 -0.08 -0.11 0.12 -0.09 -0.83 -0.81
Tax % 0.00% 8.70% 0.00% 0.00% 0.00% 33.33% 0.00% 0.00% 0.00% -16.67% 0.00% 0.00% 0.00%
-0.03 -0.22 -0.02 0.01 -0.02 -0.04 -0.06 -0.08 -0.11 0.14 -0.09 -0.83 -0.81
EPS in Rs -0.03 -0.19 -0.02 0.01 -0.02 -0.03 -0.05 -0.07 -0.09 0.12 -0.08 -0.71 -0.70
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
6.42 9.11 9.29 4.81 6.20 6.43 3.70 3.21 2.37 1.94 2.19 3.18 4.73
6.18 7.66 8.60 4.69 5.78 6.35 3.83 3.86 2.62 2.16 2.29 3.46 6.55
Operating Profit 0.24 1.45 0.69 0.12 0.42 0.08 -0.13 -0.65 -0.25 -0.22 -0.10 -0.28 -1.82
OPM % 3.74% 15.92% 7.43% 2.49% 6.77% 1.24% -3.51% -20.25% -10.55% -11.34% -4.57% -8.81% -38.48%
0.14 0.09 0.07 0.00 -0.05 0.07 0.00 2.61 0.00 0.00 0.11 0.40 0.40
Interest 0.11 0.02 0.02 0.02 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.19
Depreciation 0.06 0.23 0.24 0.24 0.12 0.08 0.06 0.08 0.11 0.10 0.10 0.07 0.00
Profit before tax 0.21 1.29 0.50 -0.14 0.25 0.07 -0.19 1.87 -0.36 -0.32 -0.09 0.05 -1.61
Tax % 47.62% 38.76% 22.00% 0.00% 28.00% 0.00% 0.00% 21.93% 2.78% 6.25% 22.22% -40.00%
0.11 0.78 0.38 -0.14 0.17 0.06 -0.20 1.46 -0.34 -0.30 -0.07 0.07 -1.59
EPS in Rs 0.10 0.73 0.33 -0.12 0.15 0.05 -0.17 1.25 -0.29 -0.26 -0.06 0.06 -1.37
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: -10%
5 Years: -3%
3 Years: 10%
TTM: 83%
Compounded Profit Growth
10 Years: %
5 Years: -19%
3 Years: 1%
TTM: -398%
Stock Price CAGR
10 Years: 25%
5 Years: 21%
3 Years: 89%
1 Year: 99%
Return on Equity
10 Years: -1%
5 Years: -2%
3 Years: -2%
Last Year: -2%

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 10.75 10.75 10.75 11.65 11.65 11.65 11.65 11.65 11.65 11.65 11.65 11.65 11.65
Reserves 0.28 0.20 0.58 0.62 0.79 0.85 0.66 2.47 2.37 2.41 2.78 3.04 2.59
1.73 2.88 2.59 2.26 2.26 2.40 2.36 1.85 2.01 2.18 2.40 2.83 3.10
3.28 5.16 5.58 3.80 4.00 3.54 3.74 3.57 3.61 3.64 3.58 3.74 7.08
Total Liabilities 16.04 18.99 19.50 18.33 18.70 18.44 18.41 19.54 19.64 19.88 20.41 21.26 24.42
1.38 2.12 1.83 1.59 1.25 1.17 1.11 1.07 0.96 0.86 0.76 0.71 0.72
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 7.15 7.15 7.15 7.15 7.15 7.15 7.15 7.72 7.62 7.96 8.39 8.16 8.49
7.51 9.72 10.52 9.59 10.30 10.12 10.15 10.75 11.06 11.06 11.26 12.39 15.21
Total Assets 16.04 18.99 19.50 18.33 18.70 18.44 18.41 19.54 19.64 19.88 20.41 21.26 24.42

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
0.57 0.67 -0.07 0.00 0.00 0.35 0.00 -1.41 -0.45 -0.24 -0.20 -0.84
-0.11 -0.95 0.05 0.00 0.00 0.00 0.00 2.31 0.35 0.00 0.00 0.41
-0.49 0.26 0.00 0.00 0.00 -0.33 0.00 -1.12 0.08 0.17 0.22 0.43
Net Cash Flow -0.03 -0.02 -0.02 0.00 0.00 0.03 0.00 -0.23 -0.01 -0.07 0.01 0.00

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 289.38 280.06 311.96 528.91 441.53 0.00 135.15 403.66 717.68 882.40 810.00 642.77
Inventory Days
Days Payable
Cash Conversion Cycle 289.38 280.06 311.96 528.91 441.53 0.00 135.15 403.66 717.68 882.40 810.00 642.77
Working Capital Days 238.79 200.73 211.77 508.42 409.74 136.80 129.23 403.66 711.52 874.87 811.67 664.58
ROCE % 2.60% 9.85% 3.75% -0.84% 1.71% 0.47% -1.29% -2.42% -2.25% -1.67% -1.21% -2.04%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
49.44% 49.44% 49.44% 49.44% 49.45% 49.45% 49.45% 49.87% 50.02% 50.04% 50.05% 50.05%
50.56% 50.56% 50.56% 50.56% 50.55% 50.56% 50.55% 50.13% 49.99% 49.95% 49.94% 49.96%
No. of Shareholders 2,2882,3782,6383,4913,7553,7533,7183,6623,5943,7753,6653,721

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