Ajel Ltd
Incorporated in 1994, Ajel Ltd provides IT Consulting and Software Development Services and Financial Services[1]
- Market Cap ₹ 19.0 Cr.
- Current Price ₹ 16.3
- High / Low ₹ 20.7 / 6.91
- Stock P/E
- Book Value ₹ 12.9
- Dividend Yield 0.00 %
- ROCE -0.55 %
- ROE -0.91 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- Company has a low return on equity of -1.24% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 574 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.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Converts
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
39.28 | 58.33 | 45.68 | 24.74 | 20.15 | 15.05 | 6.71 | 5.46 | 4.25 | 3.47 | 4.15 | 8.14 | 13.92 | |
38.50 | 55.45 | 47.62 | 25.26 | 19.43 | 14.94 | 6.79 | 6.09 | 4.57 | 3.67 | 4.10 | 8.18 | 15.44 | |
Operating Profit | 0.78 | 2.88 | -1.94 | -0.52 | 0.72 | 0.11 | -0.08 | -0.63 | -0.32 | -0.20 | 0.05 | -0.04 | -1.52 |
OPM % | 1.99% | 4.94% | -4.25% | -2.10% | 3.57% | 0.73% | -1.19% | -11.54% | -7.53% | -5.76% | 1.20% | -0.49% | -10.92% |
1.22 | 0.51 | 0.07 | 4.22 | 0.38 | 0.07 | 0.00 | 2.93 | 0.00 | -0.12 | 0.16 | 0.94 | 0.94 | |
Interest | 0.42 | 0.45 | 0.39 | 0.25 | 0.04 | 0.04 | 0.04 | 0.04 | 0.04 | 0.02 | 0.03 | 0.04 | 0.19 |
Depreciation | 0.16 | 0.89 | 1.17 | 1.17 | 1.11 | 0.93 | 0.83 | 0.90 | 0.11 | 0.10 | 0.10 | 0.07 | 0.00 |
Profit before tax | 1.42 | 2.05 | -3.43 | 2.28 | -0.05 | -0.79 | -0.95 | 1.36 | -0.47 | -0.44 | 0.08 | 0.79 | -0.77 |
Tax % | 17.61% | 24.39% | -3.21% | 15.79% | -140.00% | 0.00% | 0.00% | 30.15% | 2.13% | 4.55% | -25.00% | -2.53% | |
1.17 | 1.54 | -3.54 | 1.91 | -0.12 | -0.79 | -0.95 | 0.95 | -0.46 | -0.43 | 0.09 | 0.81 | -0.75 | |
EPS in Rs | 1.09 | 1.43 | -3.04 | 1.64 | -0.10 | -0.68 | -0.82 | 0.82 | -0.39 | -0.37 | 0.08 | 0.70 | -0.65 |
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: | -18% |
5 Years: | 4% |
3 Years: | 24% |
TTM: | 147% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | 13% |
3 Years: | 20% |
TTM: | -486% |
Stock Price CAGR | |
---|---|
10 Years: | 24% |
5 Years: | 22% |
3 Years: | 80% |
1 Year: | 81% |
Return on Equity | |
---|---|
10 Years: | -4% |
5 Years: | -3% |
3 Years: | -1% |
Last Year: | -1% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
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 | 7.69 | 9.44 | 5.91 | 6.92 | 6.79 | 6.01 | 5.06 | 1.52 | 1.75 | 1.66 | 2.19 | 3.19 | 3.39 |
9.03 | 11.99 | 12.38 | 7.94 | 5.53 | 5.67 | 5.06 | 4.70 | 4.99 | 5.12 | 5.47 | 6.04 | 5.35 | |
7.68 | 9.92 | 12.03 | 8.16 | 3.61 | 3.38 | 4.33 | 3.90 | 4.05 | 4.04 | 3.91 | 4.26 | 8.80 | |
Total Liabilities | 35.15 | 42.10 | 41.07 | 34.67 | 27.58 | 26.71 | 26.10 | 21.77 | 22.44 | 22.47 | 23.22 | 25.14 | 29.19 |
8.75 | 13.39 | 12.58 | 11.73 | 10.50 | 2.70 | 1.91 | 3.16 | 3.05 | 2.95 | 2.85 | 2.80 | 2.81 | |
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 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 7.15 | 7.15 | 0.57 | 0.47 | 0.81 | 1.24 | 1.01 | 1.79 |
26.40 | 28.71 | 28.49 | 22.94 | 17.08 | 16.86 | 17.04 | 18.04 | 18.92 | 18.71 | 19.13 | 21.33 | 24.59 | |
Total Assets | 35.15 | 42.10 | 41.07 | 34.67 | 27.58 | 26.71 | 26.10 | 21.77 | 22.44 | 22.47 | 23.22 | 25.14 | 29.19 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
-5.58 | 4.72 | 0.00 | 0.00 | -0.17 | 0.00 | 0.00 | 0.05 | -0.54 | -0.30 | -0.91 | ||
6.64 | -5.51 | 0.00 | 0.00 | 0.08 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.41 | ||
-0.02 | 1.05 | 0.00 | 0.00 | -0.33 | 0.00 | 0.00 | 0.23 | 0.13 | 0.36 | 0.57 | ||
Net Cash Flow | 1.04 | 0.26 | 0.00 | 0.00 | -0.42 | 0.00 | 0.00 | 0.28 | -0.41 | 0.05 | 0.07 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
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 | 187.52 | 159.19 | 196.00 | 276.04 | 241.10 | 0.00 | 74.52 | 237.32 | 390.76 | 493.33 | 427.45 | 574.40 |
Inventory Days | ||||||||||||
Days Payable | ||||||||||||
Cash Conversion Cycle | 187.52 | 159.19 | 196.00 | 276.04 | 241.10 | 0.00 | 74.52 | 237.32 | 390.76 | 493.33 | 427.45 | 574.40 |
Working Capital Days | 196.25 | 136.10 | 156.61 | 286.07 | 247.26 | 14.55 | 113.14 | 294.14 | 462.05 | 580.63 | 513.64 | 623.28 |
ROCE % | 6.77% | 8.38% | -9.93% | 9.11% | -0.04% | -3.17% | -4.04% | -5.95% | -2.37% | -1.63% | -0.26% | -0.55% |
Documents
Announcements
- Certificate Under Regulation 40(9) Of SEBI (LODR) Regulations, 2015 13 Apr
- Compliance Certificate - Regulation 7(3) Of SEBI (LODR) Regulations, 2015 For The Financial Year Ended March 31, 2024 8 Apr
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Apr - Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 for the quarter and year ended 31st March, 2024
- Disclosure Under Regulation 31(4) Of SEBI (Substantial Acquisition Of Shares And Takeovers) Regulation, 2011 For The Year Ended 31St March, 2024 8 Apr
- Closure of Trading Window 29 Mar
Annual reports
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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