Ajel

₹15.5 0.4 | 2.9%

WEBSITE BSE:530713 NSE : AJEL 18 May, 10:00

Market Cap ₹18 Cr.

Stock P/E -24.0

P/B 1.3

Current Price ₹15.5

Book Value ₹ 12.2

Face Value 10

52W High ₹20.7

Dividend Yield 0%

52W Low ₹ 6.9

Edit Ratio

Ajel Research see more...

Overview Inc. Year: 1994Industry: IT - Software

Ajel Share Price

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Price

Price: NSE50 DMA200 DMAVolume

Quarterly Price

Quarterly Monthly

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Peer Comparison

Ajel Quarterly Results

#(Fig in Cr.)	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023
Net Sales	1	1	1	1	1	2	4	3	3	4
Other Income	0	0	0	0	0	0	-0	0	0	0
Total Income	1	1	1	1	1	2	4	3	3	4
Total Expenditure	1	1	1	1	2	2	4	3	4	4
Operating Profit	0	0	-0	-0	-0	-0	-0	-0	-1	-1
Interest	0	0	0	0	0	0	0	0	0	0
Depreciation	0	0	0	0	0	0	0	0	0	0
Exceptional Income / Expenses	0	0	0	0	0	0	1	0	0	0
Profit Before Tax	0	0	0	-0	-0	-0	1	-0	-1	-1
Provision for Tax	0	0	-0	0	0	0	-0	0	0	0
Profit After Tax	0	0	0	-0	-0	-0	1	-0	-1	-1
Adjustments	0	0	0	0	0	0	0	0	0	-0
Profit After Adjustments	0	0	0	-0	-0	-0	1	-0	-1	-1
Adjusted Earnings Per Share	0	0	0	-0	-0	-0	0.7	-0	-0.6	-0.7

Ajel Profit & Loss

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	TTM
Net Sales	58	46	25	20	15	7	5	4	3	4	8	14
Other Income	1	0	4	0	0	0	3	0	0	0	0	0
Total Income	59	46	29	21	15	7	8	4	3	4	8	14
Total Expenditure	55	48	26	20	15	7	6	5	4	4	8	15
Operating Profit	3	-2	3	0	0	-0	2	-0	-0	0	-0	-2
Interest	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	1	1	0	0	1	1	1	0	0	0	0	0
Exceptional Income / Expenses	0	0	0	0	0	0	0	-0	-0	0	1	1
Profit Before Tax	2	-3	2	-0	-1	-1	1	-0	-0	0	1	-1
Provision for Tax	1	0	0	0	0	0	0	-0	-0	-0	-0	0
Profit After Tax	2	-4	2	-0	-1	-1	1	-0	-0	0	1	-1
Adjustments	0	0	0	0	0	0	0	0	0	0	0	0
Profit After Adjustments	2	-4	2	-0	-1	-1	1	-0	-0	0	1	-1
Adjusted Earnings Per Share	1.4	-3.3	1.6	-0.1	-0.7	-0.8	1.1	-0.4	-0.4	0.1	0.7	-0.6

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	100%	26%	3%	-18%
Operating Profit CAGR	0%	0%	0%	-100%
PAT CAGR	0%	0%	0%	-7%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	97%	83%	21%	22%
ROE Average	6%	1%	1%	-0%
ROCE Average	4%	1%	1%	1%

Ajel Balance Sheet

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Shareholder's Funds	20	17	19	18	18	17	13	13	13	14	15
Minority's Interest	0	0	0	0	0	0	0	0	0	0	0
Borrowings	0	0	0	0	0	4	5	5	5	5	6
Other Non-Current Liabilities	4	4	5	1	1	4	3	3	3	3	3
Total Current Liabilities	17	20	11	8	7	1	1	1	1	1	2
Total Liabilities	42	41	35	28	27	26	22	22	22	23	25
Fixed Assets	13	13	12	10	3	2	3	3	3	3	3
Other Non-Current Assets	0	0	0	0	21	21	13	12	13	13	7
Total Current Assets	29	28	23	17	3	3	6	7	7	7	16
Total Assets	42	41	35	28	27	26	22	22	22	23	25

Ajel Cash Flow

#(Fig in Cr.)	Mar 2013	Mar 2014	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	1	1	1	0	1	0	1	0	0
Cash Flow from Operating Activities	5	0	-0	1	-2	0	-1	-0	-1
Cash Flow from Investing Activities	-6	-0	0	-0	2	0	-0	-0	0
Cash Flow from Financing Activities	1	0	-0	-1	-1	0	0	0	1
Net Cash Inflow / Outflow	0	0	-0	0	-0	0	-0	0	0
Closing Cash & Cash Equivalent	1	1	0	1	0	1	0	0	0

Ajel Ratios

#	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023
Earnings Per Share (Rs)	1.44	-3.29	1.64	-0.1	-0.68	-0.82	1.12	-0.39	-0.37	0.08	0.7
CEPS(Rs)	2.25	-2.21	2.03	0.1	0.12	-0.11	1.59	-0.3	-0.28	0.17	0.75
DPS(Rs)	0	0	0	0	0	0	0	0	0	0	0
Book NAV/Share(Rs)	17.78	14.49	15.94	15.83	15.16	14.34	11.3	11.5	11.43	11.88	12.74
Core EBITDA Margin(%)	4.92	-4.26	-5.02	-0.76	0.78	-1.15	-11.5	-7.63	-5.8	1.19	-0.5
EBIT Margin(%)	4.29	-6.65	10.23	-0.04	-4.95	-13.48	25.69	-10.17	-12.38	2.53	10.3
Pre Tax Margin(%)	3.52	-7.5	9.2	-0.24	-5.23	-14.13	24.94	-11.03	-12.82	1.88	9.75
PAT Margin (%)	2.65	-7.75	7.72	-0.61	-5.23	-14.18	17.41	-10.71	-12.35	2.29	9.96
Cash Profit Margin (%)	4.15	-5.19	9.55	0.58	0.94	-1.85	33.94	-8.21	-9.34	4.69	10.79
ROA(%)	4	-8.51	5.05	-0.39	-2.9	-3.6	3.97	-2.06	-1.91	0.41	3.35
ROE(%)	8.43	-20.41	11.19	-0.66	-4.36	-5.54	6.37	-3.43	-3.21	0.7	5.65
ROCE(%)	8.39	-9.92	9.11	-0.03	-3.15	-4.01	7.08	-2.39	-2.34	0.56	4.17
Receivable days	142.71	199.64	319.04	290.06	0	74.29	164.19	347.57	485.64	420.34	396.47
Inventory Days	0	0	0	0	0	0	0	0	0	0	0
Payable days	0	0	0	0	0	0	0	0	0	0	0
PER(x)	2.79	0	1.66	0	0	0	5.63	0	0	99.51	12.28
Price/Book(x)	0.23	0.13	0.17	0.23	0.31	0.36	0.56	0.3	0.32	0.68	0.67
Dividend Yield(%)	0	0	0	0	0	0	0	0	0	0	0
EV/Net Sales(x)	0.26	0.29	0.43	0.44	0.71	1.57	2.15	1.97	2.63	3.54	1.93
EV/Core EBITDA(x)	4.51	-7.05	3.57	38.62	58.28	-136.82	5.78	-25.86	-45.38	297.18	-396.32
Net Sales Growth(%)	48.5	-21.69	-45.85	-18.54	-25.31	-55.43	-18.59	-22.12	-18.35	19.38	96.19
EBIT Growth(%)	35.5	-221.4	183.33	-100.33	-8782.58	-21.53	255.13	-130.85	0.65	124.42	697.71
PAT Growth(%)	31.98	-329.13	153.99	-106.4	-543.64	-20.97	199.91	-147.91	5.8	122.09	754.54
EPS Growth(%)	31.98	-329.12	149.81	-106.4	-543.66	-20.97	236.95	-134.95	5.81	122.1	754.3
Debt/Equity(x)	0.63	0.8	0.43	0.3	0.32	0.3	0.36	0.37	0.38	0.4	0.41
Current Ratio(x)	1.64	1.43	2.13	2.14	0.39	2.59	5.35	5.2	4.95	5.64	9.43
Quick Ratio(x)	1.64	1.43	2.13	2.14	0.39	2.59	5.35	5.2	4.95	5.64	9.43
Interest Cover(x)	5.55	-7.79	9.92	-0.21	-17.59	-20.85	34.21	-11.85	-28.32	3.89	18.91
Total Debt/Mcap(x)	2.78	5.63	2.51	1.3	1.03	0.84	0.64	1.25	1.22	0.58	0.61

Ajel Shareholding Pattern

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	49.44	49.44	49.45	49.45	49.45	49.87	50.02	50.04	50.05	50.05
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	50.56	50.56	50.55	50.55	50.55	50.13	49.98	49.96	49.95	49.95
Others	0	0	0	0	0	0	0	0	0	0
Total	100	100	100	100	100	100	100	100	100	100

#	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Promoter	0.58	0.58	0.58	0.58	0.58	0.58	0.58	0.58	0.58	0.58
FII	0	0	0	0	0	0	0	0	0	0
DII	0	0	0	0	0	0	0	0	0	0
Public	0.59	0.59	0.59	0.59	0.59	0.58	0.58	0.58	0.58	0.58
Others	0	0	0	0	0	0	0	0	0	0
Total	1.17	1.17	1.17	1.17	1.17	1.17	1.17	1.17	1.17	1.17

Pros

Company is almost debt free.

Cons

Company has a low return on equity of 1% over the 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.