Ajel Ltd
Incorporated in 1994, Ajel Ltd provides IT Consulting and Software Development Services and Financial Services[1]
- Market Cap ₹ 7.33 Cr.
- Current Price ₹ 6.29
- High / Low ₹ 18.3 / 6.05
- Stock P/E
- Book Value ₹ 11.0
- Dividend Yield 0.00 %
- ROCE -6.03 %
- ROE -12.3 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.57 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -8.56% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 363 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.
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
45.68 | 24.74 | 20.15 | 15.05 | 6.71 | 5.46 | 4.25 | 3.47 | 4.15 | 8.14 | 13.63 | 13.64 | |
47.62 | 25.26 | 19.43 | 14.94 | 6.79 | 6.09 | 4.57 | 3.67 | 4.10 | 8.17 | 15.02 | 15.15 | |
Operating Profit | -1.94 | -0.52 | 0.72 | 0.11 | -0.08 | -0.63 | -0.32 | -0.20 | 0.05 | -0.03 | -1.39 | -1.51 |
OPM % | -4.25% | -2.10% | 3.57% | 0.73% | -1.19% | -11.54% | -7.53% | -5.76% | 1.20% | -0.37% | -10.20% | -11.07% |
0.07 | 4.22 | 0.38 | 0.07 | 0.00 | 2.93 | 0.00 | -0.12 | 0.16 | 0.94 | 0.19 | 0.23 | |
Interest | 0.39 | 0.25 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.02 | 0.03 | 0.08 | 0.20 | 0.21 |
Depreciation | 1.17 | 1.17 | 1.11 | 0.93 | 0.83 | 0.90 | 0.11 | 0.10 | 0.10 | 0.04 | 0.37 | 0.18 |
Profit before tax | -3.43 | 2.28 | -0.05 | -0.79 | -0.95 | 1.36 | -0.47 | -0.44 | 0.08 | 0.79 | -1.77 | -1.67 |
Tax % | 3.21% | 15.79% | 140.00% | 0.00% | 0.00% | 30.15% | -2.13% | -4.55% | -25.00% | -2.53% | 1.69% | -0.60% |
-3.54 | 1.91 | -0.12 | -0.79 | -0.95 | 0.95 | -0.46 | -0.43 | 0.09 | 0.81 | -1.80 | -1.66 | |
EPS in Rs | -3.04 | 1.64 | -0.10 | -0.68 | -0.82 | 0.82 | -0.39 | -0.37 | 0.08 | 0.70 | -1.55 | -1.42 |
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: | -6% |
5 Years: | 26% |
3 Years: | 49% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
TTM: | 9% |
Stock Price CAGR | |
---|---|
10 Years: | 9% |
5 Years: | 21% |
3 Years: | -9% |
1 Year: | -64% |
Return on Equity | |
---|---|
10 Years: | -5% |
5 Years: | -6% |
3 Years: | -9% |
Last Year: | -12% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10.75 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 |
Reserves | 5.91 | 6.92 | 6.79 | 6.01 | 5.06 | 1.52 | 1.75 | 1.66 | 2.19 | 3.19 | 2.49 | 1.14 |
12.38 | 7.94 | 5.53 | 5.67 | 5.06 | 4.70 | 4.99 | 5.12 | 5.47 | 6.04 | 10.35 | 11.16 | |
12.03 | 8.16 | 3.61 | 3.38 | 4.33 | 3.90 | 4.05 | 4.04 | 3.91 | 4.26 | 4.02 | 4.54 | |
Total Liabilities | 41.07 | 34.67 | 27.58 | 26.71 | 26.10 | 21.77 | 22.44 | 22.47 | 23.22 | 25.14 | 28.51 | 28.49 |
12.58 | 11.73 | 10.50 | 2.70 | 1.91 | 3.16 | 3.05 | 2.95 | 2.85 | 2.80 | 3.58 | 3.39 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.09 | 1.09 |
Investments | 0.00 | 0.00 | 0.00 | 7.15 | 7.15 | 0.57 | 0.47 | 0.81 | 1.24 | 1.01 | 1.05 | 1.05 |
28.49 | 22.94 | 17.08 | 16.86 | 17.04 | 18.04 | 18.92 | 18.71 | 19.13 | 21.33 | 22.79 | 22.96 | |
Total Assets | 41.07 | 34.67 | 27.58 | 26.71 | 26.10 | 21.77 | 22.44 | 22.47 | 23.22 | 25.14 | 28.51 | 28.49 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.00 | 0.00 | -0.17 | 0.00 | 0.00 | 0.05 | -0.54 | -0.30 | -0.91 | -0.83 | -0.97 | ||
0.00 | 0.00 | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.41 | -3.14 | 0.00 | ||
0.00 | 0.00 | -0.33 | 0.00 | 0.00 | 0.23 | 0.13 | 0.36 | 0.57 | 3.90 | 0.81 | ||
Net Cash Flow | 0.00 | 0.00 | -0.42 | 0.00 | 0.00 | 0.28 | -0.41 | 0.05 | 0.07 | -0.07 | -0.16 |
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 | 196.00 | 276.04 | 241.10 | 0.00 | 74.52 | 237.32 | 390.76 | 493.33 | 427.45 | 574.40 | 356.70 | 363.13 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 196.00 | 276.04 | 241.10 | 0.00 | 74.52 | 237.32 | 390.76 | 493.33 | 427.45 | 574.40 | 356.70 | 363.13 |
Working Capital Days | 59.05 | 172.76 | 148.90 | -120.53 | 78.33 | 292.80 | 445.73 | 560.65 | 496.93 | 614.76 | 310.64 | 322.72 |
ROCE % | -9.93% | 9.11% | -0.04% | -3.17% | -4.04% | -5.95% | -2.37% | -1.63% | -0.26% | -0.35% | -7.05% | -6.03% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
22 Sep - Notice to the Members of the 31st AGM and remote e-Voting information published on 10th September 2025 in the News Paper publications Business Standard (English) …
- Reg. 34 (1) Annual Report. 9 Sep
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Board Meeting Outcome for Outcome Of Board Meeting
9 Sep - Board appointed Mr. Uma Maheshwara Rao Koti (DIN:09189000) as Additional Director effective 09.09.2025.
-
Board Meeting Outcome for Outcome Of Board Meeting Under Regulation 30 Of SEBI (LODR) Regulations, 2015
5 Sep - Board approved 31st AGM on 30 Sep 2025, directors' report, and appointed CV Reddy K & Associates as scrutinizer (voting).
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Board Meeting Intimation for Notice Of Meeting Of Board To Be Held On 05Th September 2025
3 Sep - Board meeting on 05 Sep 2025 (body shows 2023 typo) to finalize AGM date, time, venue.
Annual reports
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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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Financial Year 2010
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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