Ajel Ltd

Ajel Ltd

₹ 16.5 -4.95%
06 Jan - close price
About

Incorporated in 1994, Ajel Ltd provides IT Consulting and Software Development Services and Financial Services[1]

Key Points

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

  • Market Cap 19.2 Cr.
  • Current Price 16.5
  • High / Low 28.6 / 12.0
  • Stock P/E
  • Book Value 10.1
  • Dividend Yield 0.00 %
  • ROCE -8.43 %
  • ROE -13.2 %
  • Face Value 10.0

Pros

Cons

  • Company has low interest coverage ratio.
  • Company has a low return on equity of -5.49% over last 3 years.
  • Company has high debtors of 470 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.

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
0.53 0.55 0.59 0.63 0.68 0.68 1.10 1.16 1.18 1.29 1.00 0.97 0.99
0.52 0.57 0.66 0.69 0.76 0.79 1.37 1.26 1.97 1.95 0.89 1.41 1.35
Operating Profit 0.01 -0.02 -0.07 -0.06 -0.08 -0.11 -0.27 -0.10 -0.79 -0.66 0.11 -0.44 -0.36
OPM % 1.89% -3.64% -11.86% -9.52% -11.76% -16.18% -24.55% -8.62% -66.95% -51.16% 11.00% -45.36% -36.36%
0.00 0.00 0.11 0.00 0.00 0.00 0.39 0.01 0.00 0.00 0.17 0.00 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.04 0.15 0.19 0.16 0.18
Depreciation 0.00 0.00 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.18 0.00 0.00
Profit before tax 0.01 -0.02 -0.06 -0.06 -0.08 -0.11 0.12 -0.09 -0.83 -0.81 -0.09 -0.60 -0.54
Tax % 0.00% 0.00% -33.33% 0.00% 0.00% 0.00% -16.67% 0.00% 0.00% 0.00% 11.11% 0.00% 0.00%
0.01 -0.02 -0.04 -0.06 -0.08 -0.11 0.14 -0.09 -0.83 -0.81 -0.11 -0.60 -0.54
EPS in Rs 0.01 -0.02 -0.03 -0.05 -0.07 -0.09 0.12 -0.08 -0.71 -0.70 -0.09 -0.52 -0.46
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

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
9.11 9.29 4.81 6.20 6.43 3.70 3.21 2.37 1.94 2.19 3.18 4.63 4.25
7.66 8.60 4.69 5.78 6.35 3.83 3.86 2.62 2.16 2.29 3.46 6.07 5.60
Operating Profit 1.45 0.69 0.12 0.42 0.08 -0.13 -0.65 -0.25 -0.22 -0.10 -0.28 -1.44 -1.35
OPM % 15.92% 7.43% 2.49% 6.77% 1.24% -3.51% -20.25% -10.55% -11.34% -4.57% -8.81% -31.10% -31.76%
0.09 0.07 0.00 -0.05 0.07 0.00 2.61 0.00 0.00 0.11 0.40 0.18 0.17
Interest 0.02 0.02 0.02 0.00 0.00 0.00 0.01 0.00 0.00 0.00 0.00 0.18 0.68
Depreciation 0.23 0.24 0.24 0.12 0.08 0.06 0.08 0.11 0.10 0.10 0.07 0.37 0.18
Profit before tax 1.29 0.50 -0.14 0.25 0.07 -0.19 1.87 -0.36 -0.32 -0.09 0.05 -1.81 -2.04
Tax % 38.76% 22.00% 0.00% 28.00% 0.00% 0.00% 21.93% -2.78% -6.25% -22.22% -40.00% 0.55%
0.78 0.38 -0.14 0.17 0.06 -0.20 1.46 -0.34 -0.30 -0.07 0.07 -1.83 -2.06
EPS in Rs 0.73 0.33 -0.12 0.15 0.05 -0.17 1.25 -0.29 -0.26 -0.06 0.06 -1.57 -1.77
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: 8%
3 Years: 34%
TTM: 3%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -60%
Stock Price CAGR
10 Years: 15%
5 Years: 29%
3 Years: 6%
1 Year: -1%
Return on Equity
10 Years: -3%
5 Years: -4%
3 Years: -5%
Last Year: -13%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

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 0.20 0.58 0.62 0.79 0.85 0.66 2.47 2.37 2.41 2.78 3.04 1.29 0.15
2.88 2.59 2.26 2.26 2.40 2.36 1.85 2.01 2.18 2.40 2.83 8.19 8.99
5.16 5.58 3.80 4.00 3.54 3.74 3.57 3.61 3.64 3.58 3.74 4.05 4.32
Total Liabilities 18.99 19.50 18.33 18.70 18.44 18.41 19.54 19.64 19.88 20.41 21.26 25.18 25.11
2.12 1.83 1.59 1.25 1.17 1.11 1.07 0.96 0.86 0.76 0.71 2.13 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 7.15 7.15 7.15 7.15 7.15 7.15 7.72 7.62 7.96 8.39 8.16 8.20 8.20
9.72 10.52 9.59 10.30 10.12 10.15 10.75 11.06 11.06 11.26 12.39 14.85 14.78
Total Assets 18.99 19.50 18.33 18.70 18.44 18.41 19.54 19.64 19.88 20.41 21.26 25.18 25.11

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
0.67 -0.07 0.00 0.00 0.35 0.00 -1.41 -0.45 -0.24 -0.20 -0.84 -1.28
-0.95 0.05 0.00 0.00 0.00 0.00 2.31 0.35 0.00 0.00 0.41 -4.14
0.26 0.00 0.00 0.00 -0.33 0.00 -1.12 0.08 0.17 0.22 0.43 5.36
Net Cash Flow -0.02 -0.02 0.00 0.00 0.03 0.00 -0.23 -0.01 -0.07 0.01 0.00 -0.06

Ratios

Standalone Figures in Rs. Crores / View Consolidated

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 280.06 311.96 528.91 441.53 0.00 135.15 403.66 717.68 882.40 810.00 642.77 469.85
Inventory Days
Days Payable
Cash Conversion Cycle 280.06 311.96 528.91 441.53 0.00 135.15 403.66 717.68 882.40 810.00 642.77 469.85
Working Capital Days 200.73 211.77 508.42 409.74 136.80 129.23 403.66 711.52 874.87 811.67 664.58 672.45
ROCE % 9.85% 3.75% -0.84% 1.71% 0.47% -1.29% -2.42% -2.25% -1.67% -1.21% -2.04% -8.43%

Shareholding Pattern

Numbers in percentages

1 Recently
Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024
49.44% 49.44% 49.45% 49.45% 49.45% 49.87% 50.02% 50.04% 50.05% 50.05% 50.05% 50.05%
50.56% 50.56% 50.55% 50.56% 50.55% 50.13% 49.99% 49.95% 49.94% 49.96% 49.96% 49.95%
No. of Shareholders 2,6383,4913,7553,7533,7183,6623,5943,7753,6653,7213,7373,876

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