Ajcon Global Services Ltd
Incorporated in 1986, Ajcon Global Services
Ltd provides consulting-led integrated financial services[1]
- Market Cap ₹ 35.0 Cr.
- Current Price ₹ 5.72
- High / Low ₹ 14.5 / 5.11
- Stock P/E
- Book Value ₹ 4.19
- Dividend Yield 0.00 %
- ROCE 4.52 %
- ROE 2.25 %
- Face Value ₹ 1.00
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -9.66% over past five years.
- Company has a low return on equity of 3.45% over last 3 years.
* 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
Financial Services Financial Services Finance Other Financial Services
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 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 7.90 | 8.51 | 8.17 | 9.23 | 8.25 | 33.16 | 27.90 | 48.00 | 41.64 | 8.60 | 16.07 | 16.79 | 20.02 | |
| 3.96 | 4.39 | 5.17 | 6.22 | 5.58 | 30.93 | 28.11 | 46.08 | 38.03 | 6.68 | 13.27 | 14.83 | 19.09 | |
| Operating Profit | 3.94 | 4.12 | 3.00 | 3.01 | 2.67 | 2.23 | -0.21 | 1.92 | 3.61 | 1.92 | 2.80 | 1.96 | 0.93 |
| OPM % | 49.87% | 48.41% | 36.72% | 32.61% | 32.36% | 6.72% | -0.75% | 4.00% | 8.67% | 22.33% | 17.42% | 11.67% | 4.65% |
| 0.01 | 0.00 | -0.21 | 0.05 | 0.04 | 0.13 | 0.33 | 0.96 | 0.05 | 0.00 | 0.01 | 0.02 | 0.25 | |
| Interest | 3.02 | 3.16 | 2.37 | 1.86 | 1.51 | 1.90 | 1.23 | 0.92 | 0.59 | 0.76 | 0.73 | 0.82 | 0.82 |
| Depreciation | 0.46 | 0.48 | 0.31 | 0.28 | 0.24 | 0.41 | 0.40 | 0.40 | 0.37 | 0.38 | 0.39 | 0.37 | 0.37 |
| Profit before tax | 0.47 | 0.48 | 0.11 | 0.92 | 0.96 | 0.05 | -1.51 | 1.56 | 2.70 | 0.78 | 1.69 | 0.79 | -0.01 |
| Tax % | 36.17% | 35.42% | 109.09% | 33.70% | 22.92% | 0.00% | 1.32% | 0.00% | 18.89% | 26.92% | 23.08% | 26.58% | |
| 0.30 | 0.30 | -0.01 | 0.61 | 0.74 | 0.02 | -1.54 | 1.56 | 2.18 | 0.57 | 1.25 | 0.54 | -0.01 | |
| EPS in Rs | 0.05 | 0.05 | 0.01 | 0.10 | 0.12 | 0.00 | -0.25 | 0.25 | 0.36 | 0.09 | 0.20 | 0.09 | -0.01 |
| 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: | 7% |
| 5 Years: | -10% |
| 3 Years: | -26% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 19% |
| 3 Years: | -37% |
| TTM: | -103% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 11% |
| 5 Years: | 20% |
| 3 Years: | 27% |
| 1 Year: | -17% |
| Return on Equity | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 5% |
| 3 Years: | 3% |
| Last Year: | 2% |
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 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 |
| Reserves | 11.18 | 11.44 | 11.48 | 12.08 | 12.78 | 12.76 | 11.21 | 12.77 | 14.95 | 15.58 | 16.83 | 19.02 | 19.50 |
| 19.61 | 32.66 | 19.31 | 16.90 | 19.90 | 18.28 | 19.06 | 12.39 | 9.72 | 10.82 | 10.06 | 9.99 | 9.42 | |
| 3.88 | 4.71 | 3.16 | 3.28 | 4.70 | 4.31 | 4.15 | 5.12 | 4.08 | 5.22 | 5.29 | 4.87 | 5.05 | |
| Total Liabilities | 40.79 | 54.93 | 40.07 | 38.38 | 43.50 | 41.47 | 40.54 | 36.40 | 34.87 | 37.74 | 38.30 | 40.00 | 40.09 |
| 2.31 | 1.85 | 1.80 | 1.72 | 1.51 | 2.14 | 1.77 | 1.77 | 1.58 | 2.54 | 2.23 | 2.18 | 2.13 | |
| 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 | 0.75 | 0.75 | 1.52 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 |
| 37.73 | 52.33 | 36.75 | 35.24 | 40.57 | 37.91 | 37.35 | 33.21 | 31.87 | 33.78 | 34.65 | 36.40 | 36.54 | |
| Total Assets | 40.79 | 54.93 | 40.07 | 38.38 | 43.50 | 41.47 | 40.54 | 36.40 | 34.87 | 37.74 | 38.30 | 40.00 | 40.09 |
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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 6.46 | -11.62 | 13.89 | 3.57 | 11.66 | 1.79 | -0.72 | 8.48 | 3.08 | -0.94 | -0.15 | -1.12 | |
| -0.49 | 0.01 | -1.13 | 0.26 | -13.70 | -0.11 | -0.04 | -0.40 | -0.18 | -0.24 | -0.08 | -0.32 | |
| -6.11 | 12.47 | -14.05 | -3.11 | 2.48 | -2.94 | 0.79 | -6.68 | -2.67 | 1.10 | -0.77 | 1.59 | |
| Net Cash Flow | -0.14 | 0.85 | -1.29 | 0.73 | 0.43 | -1.27 | 0.03 | 1.41 | 0.23 | -0.08 | -1.00 | 0.15 |
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 | 179.73 | 131.25 | 75.50 | 59.71 | 42.03 | 13.43 | 26.56 | 7.38 | 1.93 | 50.93 | 13.40 | 13.48 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 179.73 | 131.25 | 75.50 | 59.71 | 42.03 | 13.43 | 26.56 | 7.38 | 1.93 | 50.93 | 13.40 | 13.48 |
| Working Capital Days | 675.02 | 485.95 | 545.04 | 494.71 | 596.83 | 88.17 | 77.58 | 67.14 | 91.86 | 437.58 | 300.72 | 332.17 |
| ROCE % | 8.54% | 8.09% | 5.98% | 7.30% | 6.44% | 4.97% | -0.73% | 4.39% | 10.06% | 4.65% | 7.06% | 4.52% |
Insights
In beta| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtors Turnover Ratio Ratio ・Standalone data |
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| Distribution Partnership count (Bank of India tie-up) Number ・Standalone data |
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| Revenue from Consultancy and Advisory Services INR Lacs ・Standalone data |
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| Revenue from Stock Market Operations INR Lacs ・Standalone data |
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| Value of Inventory (Stocks/Securities) INR Lacs ・Standalone data |
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| Number of Permanent Employees Number ・Standalone data |
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Documents
Announcements
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Report On Re-Lodgement Of Transfer Request Of Physical Shares
27 Feb - Intimation on re-lodgement requests for physical shares under SEBI circular; no requests as of Jan 06, 2026.
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Non-Applicability Of Rpts Disclosure For The Quarter Ended 31.12.2025
13 Feb - Company exempt from Reg 23(9): paid-up equity <Rs10Cr and net worth <Rs25Cr as on 31.03.2025.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
13 Feb - Newspaper Publication of Unaudited Financial Results (Standalone & Consolidated) for the Quarter & Nine Months ended 31.12.2025.
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Board Meeting Outcome for Board Meeting Outcome For The Unaudited Financial Results Q3/FY26
12 Feb - Board approved unaudited standalone & consolidated results for quarter and nine months ended 31.12.2025 with LRR.
- Unaudited Financial Results 31.12.2025 12 Feb
Annual reports
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Financial Year 2025
from bse
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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
from bse
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Financial Year 2011
from bse
Business Overview:[1]
Company is a registered member of national exchanges viz. BSE, NSE, MCS-SX (Cash and Derivative segment), and CDSL (DP) with nationwide trading terminals for its broking activity. AGSL is also a dealer with M.P. Stock Exchange on both the institutional broking and retail broking front.
It is impaneled with 25+ leading banks and mutual funds for their secondary market operations on the capital market segment of NSE. AGSL is associated with the Bank of India as an online trading partner for the equity market operations of its customers. It has also developed an online trading portal www. pyarapaisa.com to cater to the needs of Bank of India customers.