Ajel Ltd
Incorporated in 1994, Ajel Ltd provides IT Consulting and Software Development Services and Financial Services[1]
- Market Cap ₹ 27.3 Cr.
- Current Price ₹ 23.4
- High / Low ₹ 28.6 / 7.75
- 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: | 20% |
5 Years: | 34% |
3 Years: | 85% |
1 Year: | 186% |
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
- Shareholder Meeting / Postal Ballot-Scrutinizer"s Report 18 Jul
- Outcome And Summary Of Proceedings Of The 1St (1/2024-25) Extra - Ordinary General Meeting ('EGM') Held On Wednesday, 17Th July 2024 At 10:00 A.M. Through Video Conferencing ('VC') / Other Audio-Visual Means ('OAVM'). 17 Jul
-
Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s
17 Jul - In continuation to our intimation dated 21st June 2024 and Pursuant to Reg 30 of SEBI (LODR) Regulation 2015 read with Sch. III and SEBI …
- Shareholder Meeting / Postal Ballot-Outcome of EGM 17 Jul
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
8 Jul - Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended June 2024 is attached herewith.
Annual reports
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
-
Financial Year 2010
from bse
-
Financial Year 2009
from bse
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