Ajel Ltd

Ajel Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Ajel Ltd

₹ 13.0 -1.89%
22 Nov - close price
ajel.in BSE: 530713
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

Website BSE
  • Market Cap ₹ 15.2 Cr.
  • Current Price ₹ 13.0
  • High / Low ₹ 28.6 / 12.2
  • Stock P/E
  • Book Value ₹ 12.9
  • Dividend Yield 0.00 %
  • ROCE -0.55 %
  • ROE -0.91 %
  • Face Value ₹ 10.0
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Pros

  • Stock is trading at 1.01 times its book value

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

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
0.84 1.03 0.94 1.01 1.06 1.13 1.39 1.48 1.63 3.55 3.39 3.46 3.52
0.86 1.08 0.93 0.95 1.04 1.18 1.42 1.53 1.68 3.70 3.42 4.17 4.15
Operating Profit -0.02 -0.05 0.01 0.06 0.02 -0.05 -0.03 -0.05 -0.05 -0.15 -0.03 -0.71 -0.63
OPM % -2.38% -4.85% 1.06% 5.94% 1.89% -4.42% -2.16% -3.38% -3.07% -4.23% -0.88% -20.52% -17.90%
0.00 -0.12 0.00 0.00 0.00 0.16 0.00 0.00 0.00 0.93 0.01 0.00 0.00
Interest 0.00 0.00 0.00 0.01 0.01 0.01 0.01 0.00 0.01 0.01 0.01 0.01 0.16
Depreciation 0.00 0.10 0.00 0.00 0.00 0.10 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Profit before tax -0.02 -0.27 0.01 0.05 0.01 0.00 -0.04 -0.05 -0.06 0.77 -0.03 -0.72 -0.79
Tax % 0.00% -7.41% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% -2.60% 0.00% 0.00% 0.00%
-0.02 -0.26 0.01 0.05 0.01 0.02 -0.04 -0.05 -0.06 0.79 -0.03 -0.72 -0.79
EPS in Rs -0.02 -0.22 0.01 0.04 0.01 0.02 -0.03 -0.04 -0.05 0.68 -0.03 -0.62 -0.68
Raw PDF

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: 13%
5 Years: 25%
3 Years: 17%
1 Year: -6%
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%

Shareholding Pattern

Numbers in percentages

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

Documents

Announcements

Annual reports