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 ₹ 6.93 / 6.27
- Stock P/E
- Book Value ₹ 11.6
- Dividend Yield 0.00 %
- ROCE -1.77 %
- ROE -3.35 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.54 times its book value
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -9.56% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 416 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 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 24.74 | 20.15 | 15.05 | 6.71 | 5.46 | 4.25 | 3.47 | 4.15 | 8.14 | 13.63 | 13.64 | 13.67 | |
| 25.26 | 19.43 | 14.94 | 6.79 | 6.09 | 4.57 | 3.67 | 4.10 | 8.17 | 15.02 | 15.15 | 14.27 | |
| Operating Profit | -0.52 | 0.72 | 0.11 | -0.08 | -0.63 | -0.32 | -0.20 | 0.05 | -0.03 | -1.39 | -1.51 | -0.60 |
| OPM % | -2.10% | 3.57% | 0.73% | -1.19% | -11.54% | -7.53% | -5.76% | 1.20% | -0.37% | -10.20% | -11.07% | -4.39% |
| 4.22 | 0.38 | 0.07 | 0.00 | 2.93 | 0.00 | -0.12 | 0.16 | 0.94 | 0.19 | 0.23 | 0.33 | |
| Interest | 0.25 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.02 | 0.03 | 0.08 | 0.20 | 0.21 | 0.02 |
| Depreciation | 1.17 | 1.11 | 0.93 | 0.83 | 0.90 | 0.11 | 0.10 | 0.10 | 0.04 | 0.37 | 0.18 | 0.17 |
| Profit before tax | 2.28 | -0.05 | -0.79 | -0.95 | 1.36 | -0.47 | -0.44 | 0.08 | 0.79 | -1.77 | -1.67 | -0.46 |
| Tax % | 15.79% | 140.00% | 0.00% | 0.00% | 30.15% | -2.13% | -4.55% | -25.00% | -2.53% | 1.69% | -0.60% | -4.35% |
| 1.91 | -0.12 | -0.79 | -0.95 | 0.95 | -0.46 | -0.43 | 0.09 | 0.81 | -1.80 | -1.66 | -0.44 | |
| EPS in Rs | 1.64 | -0.10 | -0.68 | -0.82 | 0.82 | -0.39 | -0.37 | 0.08 | 0.70 | -1.55 | -1.42 | -0.38 |
| 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: | -4% |
| 5 Years: | 32% |
| 3 Years: | 19% |
| TTM: | 0% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | -10% |
| 3 Years: | % |
| TTM: | 73% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 6% |
| 3 Years: | -10% |
| 1 Year: | -5% |
| Return on Equity | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | -6% |
| 3 Years: | -10% |
| Last Year: | -3% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 | 11.65 |
| Reserves | 6.92 | 6.79 | 6.01 | 5.06 | 1.52 | 1.75 | 1.66 | 2.19 | 3.19 | 2.49 | 1.14 | 1.84 |
| 7.94 | 5.53 | 5.67 | 5.06 | 4.70 | 4.99 | 5.12 | 5.47 | 6.04 | 10.35 | 11.16 | 12.39 | |
| 8.16 | 3.61 | 3.38 | 4.33 | 3.90 | 4.05 | 4.04 | 3.91 | 4.26 | 4.02 | 4.54 | 4.82 | |
| Total Liabilities | 34.67 | 27.58 | 26.71 | 26.10 | 21.77 | 22.44 | 22.47 | 23.22 | 25.14 | 28.51 | 28.49 | 30.70 |
| 11.73 | 10.50 | 2.70 | 1.91 | 3.16 | 3.05 | 2.95 | 2.85 | 2.80 | 3.58 | 3.39 | 4.33 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1.09 | 1.09 | 0.00 |
| Investments | 0.00 | 0.00 | 7.15 | 7.15 | 0.57 | 0.47 | 0.81 | 1.24 | 1.01 | 1.05 | 1.05 | 0.91 |
| 22.94 | 17.08 | 16.86 | 17.04 | 18.04 | 18.92 | 18.71 | 19.13 | 21.33 | 22.79 | 22.96 | 25.46 | |
| Total Assets | 34.67 | 27.58 | 26.71 | 26.10 | 21.77 | 22.44 | 22.47 | 23.22 | 25.14 | 28.51 | 28.49 | 30.70 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00 | -0.17 | 0.00 | 0.00 | 0.05 | -0.54 | -0.30 | -0.91 | -0.83 | -0.97 | -1.20 | |
| 0.00 | 0.00 | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.41 | -3.14 | 0.00 | -0.01 | |
| 0.00 | 0.00 | -0.33 | 0.00 | 0.00 | 0.23 | 0.13 | 0.36 | 0.57 | 3.90 | 0.81 | 1.24 | |
| 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 | 0.02 |
| Free Cash Flow | 0.00 | 0.00 | -0.09 | 0.00 | 0.00 | 0.05 | -0.54 | -0.30 | -0.92 | -2.45 | -0.97 | -1.21 |
| CFO/OP | 0% | 0% | -155% | 0% | 0% | -16% | 330% | -280% | 6,200% | 60% | 64% | 200% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 276.04 | 241.10 | 0.00 | 74.52 | 237.32 | 390.76 | 493.33 | 427.45 | 574.40 | 356.70 | 363.13 | 415.73 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 276.04 | 241.10 | 0.00 | 74.52 | 237.32 | 390.76 | 493.33 | 427.45 | 574.40 | 356.70 | 363.13 | 415.73 |
| Working Capital Days | 172.76 | 148.90 | -120.53 | 78.33 | 292.80 | 445.73 | 560.65 | 496.93 | 614.76 | 310.64 | 322.72 | 379.69 |
| ROCE % | 9.11% | -0.04% | -3.17% | -4.04% | -5.95% | -2.37% | -1.63% | -0.26% | -0.35% | -7.05% | -6.03% | -1.77% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Intangible Assets Under Development (Segmental Focus) INR Lakhs |
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| Number of Branch Locations Count ・Standalone data |
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| Number of Permanent Employees Number ・Standalone data |
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| Revenue Mix - Commercial Sector % |
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| Revenue Mix - Public Sector and Utilities % |
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Extracted by Screener AI
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 2 Jun
- Financial Results For The Quarter & Year Ended March 31, 2026 30 May
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Board Meeting Outcome for Board Meeting Outcome For Audited Financial Results Of The Company For The Quarter & Year Ended 31 March 2026
30 May - Board approved audited financial results for quarter and year ended 31 March 2026.
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Compliances-Reg.24(A)-Annual Secretarial Compliance
30 May - Submitted Annual Secretarial Compliance Report for year ended 31 March 2026.
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Board Meeting Intimation for The Audited Financial Results Of The Company For The Quarter And Year Ended 31St March 2026.
22 May - Board meeting on 30 May 2026 to consider audited results for quarter and year ended 31 March 2026.
Annual reports
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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
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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