Ajel Ltd
Incorporated in 1994, Ajel Ltd provides IT Consulting and Software Development Services and Financial Services[1]
- Market Cap ₹ 19.2 Cr.
- Current Price ₹ 16.5
- High / Low ₹ 28.6 / 12.0
- Stock P/E
- Book Value ₹ 10.8
- Dividend Yield 0.00 %
- ROCE -6.62 %
- ROE -13.0 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company has a low return on equity of -4.87% 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.
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 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 | 12.68 | |
55.45 | 47.62 | 25.26 | 19.43 | 14.94 | 6.79 | 6.09 | 4.57 | 3.67 | 4.10 | 8.18 | 15.10 | 14.09 | |
Operating Profit | 2.88 | -1.94 | -0.52 | 0.72 | 0.11 | -0.08 | -0.63 | -0.32 | -0.20 | 0.05 | -0.04 | -1.47 | -1.41 |
OPM % | 4.94% | -4.25% | -2.10% | 3.57% | 0.73% | -1.19% | -11.54% | -7.53% | -5.76% | 1.20% | -0.49% | -10.79% | -11.12% |
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 | 0.04 | 0.37 | 0.70 |
Depreciation | 0.89 | 1.17 | 1.17 | 1.11 | 0.93 | 0.83 | 0.90 | 0.11 | 0.10 | 0.10 | 0.07 | 0.18 | 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 | -2.12 |
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 | -2.13 | |
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 | -1.83 |
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: | 5% |
Compounded Profit Growth | |
---|---|
10 Years: | 4% |
5 Years: | -14% |
3 Years: | % |
TTM: | -120% |
Stock Price CAGR | |
---|---|
10 Years: | 15% |
5 Years: | 29% |
3 Years: | 6% |
1 Year: | 0% |
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 | 4.57 | 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 | 28.08 | 28.08 |
13.39 | 12.58 | 11.73 | 10.50 | 2.70 | 1.91 | 3.16 | 3.05 | 2.95 | 2.85 | 2.80 | 4.24 | 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 | 0.00 | 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 | 22.79 | 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 | 28.08 | 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% | -0.55% | -6.62% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - Notice to the Members of the 30th AGM and remote e-Voting information published in the News Paper Publications Business Standard (in English) and Mumbai Lakhadeep …
- Reg. 34 (1) Annual Report. 2d
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Results-Delay in Financial Results
2 Jan - Approval of financial results for Q2 FY2024.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1 Jan - News Paper publication for the Financial Results of Quarter and Half Year ended 30th September 2024.
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Audited Financials 2024
31 Dec - Approval of financial results for year ended March 2024.
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