Ajel Ltd
Incorporated in 1994, Ajel Ltd provides IT Consulting and Software Development Services and Financial Services[1]
- Market Cap ₹ 7.48 Cr.
- Current Price ₹ 6.42
- High / Low ₹ 28.6 / 6.30
- Stock P/E
- Book Value ₹ 10.8
- Dividend Yield 0.00 %
- ROCE -7.25 %
- ROE -13.2 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.60 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -4.94% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 357 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 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
58.33 | 45.68 | 24.74 | 20.15 | 15.05 | 6.71 | 5.46 | 4.25 | 3.47 | 4.15 | 8.14 | 13.63 | 12.12 | |
55.45 | 47.62 | 25.26 | 19.43 | 14.94 | 6.79 | 6.09 | 4.57 | 3.67 | 4.10 | 8.17 | 15.02 | 13.09 | |
Operating Profit | 2.88 | -1.94 | -0.52 | 0.72 | 0.11 | -0.08 | -0.63 | -0.32 | -0.20 | 0.05 | -0.03 | -1.39 | -0.97 |
OPM % | 4.94% | -4.25% | -2.10% | 3.57% | 0.73% | -1.19% | -11.54% | -7.53% | -5.76% | 1.20% | -0.37% | -10.20% | -8.00% |
0.51 | 0.07 | 4.22 | 0.38 | 0.07 | 0.00 | 2.93 | 0.00 | -0.12 | 0.16 | 0.94 | 0.18 | 0.17 | |
Interest | 0.45 | 0.39 | 0.25 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.02 | 0.03 | 0.08 | 0.26 | 0.35 |
Depreciation | 0.89 | 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 | 2.05 | -3.43 | 2.28 | -0.05 | -0.79 | -0.95 | 1.36 | -0.47 | -0.44 | 0.08 | 0.79 | -1.84 | -1.33 |
Tax % | 24.39% | 3.21% | 15.79% | 140.00% | 0.00% | 0.00% | 30.15% | -2.13% | -4.55% | -25.00% | -2.53% | 0.54% | |
1.54 | -3.54 | 1.91 | -0.12 | -0.79 | -0.95 | 0.95 | -0.46 | -0.43 | 0.09 | 0.81 | -1.85 | -1.34 | |
EPS in Rs | 1.43 | -3.04 | 1.64 | -0.10 | -0.68 | -0.82 | 0.82 | -0.39 | -0.37 | 0.08 | 0.70 | -1.59 | -1.15 |
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: | -11% |
5 Years: | 20% |
3 Years: | 58% |
TTM: | -13% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | -15% |
3 Years: | % |
TTM: | 21% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 18% |
3 Years: | -11% |
1 Year: | -59% |
Return on Equity | |
---|---|
10 Years: | -3% |
5 Years: | -4% |
3 Years: | -5% |
Last Year: | -13% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 10.75 | 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 | 9.44 | 5.91 | 6.92 | 6.79 | 6.01 | 5.06 | 1.52 | 1.75 | 1.66 | 2.19 | 3.19 | 1.91 | 0.90 |
11.99 | 12.38 | 7.94 | 5.53 | 5.67 | 5.06 | 4.70 | 4.99 | 5.12 | 5.47 | 6.04 | 9.95 | 10.70 | |
9.92 | 12.03 | 8.16 | 3.61 | 3.38 | 4.33 | 3.90 | 4.05 | 4.04 | 3.91 | 4.26 | 4.56 | 4.83 | |
Total Liabilities | 42.10 | 41.07 | 34.67 | 27.58 | 26.71 | 26.10 | 21.77 | 22.44 | 22.47 | 23.22 | 25.14 | 28.07 | 28.08 |
13.39 | 12.58 | 11.73 | 10.50 | 2.70 | 1.91 | 3.16 | 3.05 | 2.95 | 2.85 | 2.80 | 3.15 | 4.25 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.09 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 7.15 | 7.15 | 0.57 | 0.47 | 0.81 | 1.24 | 1.01 | 1.05 | 1.05 |
28.71 | 28.49 | 22.94 | 17.08 | 16.86 | 17.04 | 18.04 | 18.92 | 18.71 | 19.13 | 21.33 | 22.78 | 22.78 | |
Total Assets | 42.10 | 41.07 | 34.67 | 27.58 | 26.71 | 26.10 | 21.77 | 22.44 | 22.47 | 23.22 | 25.14 | 28.07 | 28.08 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
4.72 | 0.00 | 0.00 | -0.17 | 0.00 | 0.00 | 0.05 | -0.54 | -0.30 | -0.91 | -0.83 | ||
-5.51 | 0.00 | 0.00 | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.41 | -3.14 | ||
1.05 | 0.00 | 0.00 | -0.33 | 0.00 | 0.00 | 0.23 | 0.13 | 0.36 | 0.57 | 3.90 | ||
Net Cash Flow | 0.26 | 0.00 | 0.00 | -0.42 | 0.00 | 0.00 | 0.28 | -0.41 | 0.05 | 0.07 | -0.07 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 159.19 | 196.00 | 276.04 | 241.10 | 0.00 | 74.52 | 237.32 | 390.76 | 493.33 | 427.45 | 574.40 | 356.70 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 159.19 | 196.00 | 276.04 | 241.10 | 0.00 | 74.52 | 237.32 | 390.76 | 493.33 | 427.45 | 574.40 | 356.70 |
Working Capital Days | 136.10 | 156.61 | 286.07 | 247.26 | 14.55 | 113.14 | 294.14 | 462.05 | 580.63 | 513.64 | 623.28 | 445.87 |
ROCE % | 8.38% | -9.93% | 9.11% | -0.04% | -3.17% | -4.04% | -5.95% | -2.37% | -1.63% | -0.26% | -0.35% | -7.25% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Meeting Updates
6 Jun - Board meeting adjourned to 6 June; financial results submission delayed to 13 June 2025.
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Announcement under Regulation 30 (LODR)-Meeting Updates
30 May - Board meeting adjourned for a week due to MD's health; results announcement delayed.
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Board Meeting Intimation for Consider, Approve And Take On Record The Audited Financial Results Of The Company For The Quarter And Year Ended 31St March 2025
22 May - Board meeting on 30 May 2025 to approve audited financial results and audit report for FY 2024-25.
-
Announcement under Regulation 30 (LODR)-Change in Management
10 May - Director Sesha Chary Phaniharam resigns due to preoccupations; delay in submission due to MD's sickness.
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PCS CERTIFICATE
1 May - Submission of SEBI Regulation 40(9) compliance certificate for half year ended March 31, 2025.
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