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Ajel Overview

Ajel Ltd is an Indian public limited company incorporated in 1995 and based in Kolkata, West Bengal. The company operates in the industrial and manufacturing sector, specializing in production, trading, and supply of engineering and industrial products. Its core business activities include manufacturing mechanical components, industrial tools, and related products used across sectors such as construction, manufacturing, automotive, and engineering. Ajel Ltd is listed on Indian stock exchanges and follows regulatory compliance and corporate gov...Read More

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Ajel Key Financials

Market Cap ₹7 Cr.

Stock P/E -4.4

P/B 0.6

Current Price ₹6.3

Book Value ₹ 10.8

Face Value 10

52W High ₹7.3

Dividend Yield 0%

52W Low ₹ 6.1

Ajel Share Price

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Volume
Price

Ajel Quarterly Price

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Ajel Peer Comparison

Ajel Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Net Sales 3 4 4 3 3 3 5 3 3 3
Other Income 0 0 0 0 0 0 0 0 0 0
Total Income 3 4 4 3 3 3 5 3 3 3
Total Expenditure 4 4 4 3 3 3 5 3 3 4
Operating Profit -1 -1 -1 -0 -0 -0 -0 -0 -0 -0
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 0 0 0 0
Profit Before Tax -1 -1 -1 -1 -1 -0 -1 -0 -0 -0
Provision for Tax 0 0 0 0 0 0 -0 0 0 0
Profit After Tax -1 -1 -1 -1 -1 -0 -1 -0 -0 -0
Adjustments 0 -0 -0 0 0 0 -0 0 0 -0
Profit After Adjustments -1 -1 -1 -1 -1 -0 -1 -0 -0 -0
Adjusted Earnings Per Share -0.6 -0.7 -0.7 -0.5 -0.4 -0 -0.5 -0 -0 -0.2

Ajel Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Net Sales 25 20 15 7 5 4 3 4 8 14 14 14
Other Income 4 0 0 0 3 0 0 0 0 0 0 0
Total Income 29 21 15 7 8 4 3 4 8 14 14 14
Total Expenditure 26 20 15 7 6 5 4 4 8 15 15 15
Operating Profit 3 0 0 -0 2 -0 -0 0 -0 -1 -1 0
Interest 0 0 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 1 1 1 0 0 0 0 0 0 0
Exceptional Income / Expenses 0 0 0 0 0 -0 -0 0 1 0 0 0
Profit Before Tax 2 -0 -1 -1 1 -0 -0 0 1 -2 -2 -1
Provision for Tax 0 0 0 0 0 -0 -0 -0 -0 0 -0 0
Profit After Tax 2 -0 -1 -1 1 -0 -0 0 1 -2 -2 -1
Adjustments 0 0 0 0 0 0 0 0 0 0 0 0
Profit After Adjustments 2 -0 -1 -1 1 -0 -0 0 1 -2 -2 -1
Adjusted Earnings Per Share 1.6 -0.1 -0.7 -0.8 1.1 -0.4 -0.4 0.1 0.7 -1.5 -1.4 -0.7

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR 0% 52% 28% -6%
Operating Profit CAGR 0% 0% 0% NAN%
PAT CAGR 0% 0% 0% NAN%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -14% -8% 22% 5%
ROE Average -12% -6% -4% -2%
ROCE Average -6% -3% -2% -0%

Ajel Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 19 18 18 17 13 13 13 14 15 14 13
Minority's Interest 0 0 0 0 0 0 0 0 0 0 0
Borrowings 0 0 0 4 5 5 5 5 6 5 6
Other Non-Current Liabilities 5 1 1 4 3 3 3 3 3 3 3
Total Current Liabilities 11 8 7 1 1 1 1 1 2 6 6
Total Liabilities 35 28 27 26 22 22 22 23 25 29 28
Fixed Assets 12 10 3 2 3 3 3 3 3 4 3
Other Non-Current Assets 0 0 21 21 13 12 13 13 7 7 7
Total Current Assets 23 17 3 3 6 7 7 7 16 18 18
Total Assets 35 28 27 26 22 22 22 23 25 29 28

Ajel Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 0 0 1 0 1 0 1 0 0 0 0
Cash Flow from Operating Activities 0 0 -0 1 -2 0 -1 -0 -1 -1 -1
Cash Flow from Investing Activities 0 0 0 -0 2 0 -0 -0 0 -3 0
Cash Flow from Financing Activities 0 0 -0 -1 -1 0 0 0 1 4 1
Net Cash Inflow / Outflow 0 0 -0 0 -0 0 -0 0 0 -0 -0
Closing Cash & Cash Equivalent 0 0 0 1 0 1 0 0 0 0 0

Ajel Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.64 -0.1 -0.68 -0.82 1.12 -0.39 -0.37 0.08 0.7 -1.55 -1.42
CEPS(Rs) 2.03 0.1 0.12 -0.11 1.59 -0.3 -0.28 0.17 0.75 -1.22 -1.27
DPS(Rs) 0 0 0 0 0 0 0 0 0 0 0
Book NAV/Share(Rs) 15.94 15.83 15.16 14.34 11.3 11.5 11.43 11.88 12.74 12.14 10.98
Core EBITDA Margin(%) -5.02 -0.76 0.78 -1.15 -11.5 -7.63 -5.8 1.19 -0.5 -10.18 -11.1
EBIT Margin(%) 10.23 -0.04 -4.95 -13.48 25.69 -10.17 -12.38 2.53 10.3 -11.55 -10.73
Pre Tax Margin(%) 9.2 -0.24 -5.23 -14.13 24.94 -11.03 -12.82 1.88 9.75 -13 -12.24
PAT Margin (%) 7.72 -0.61 -5.23 -14.18 17.41 -10.71 -12.35 2.29 9.96 -13.21 -12.16
Cash Profit Margin (%) 9.55 0.58 0.94 -1.85 33.94 -8.21 -9.34 4.69 10.79 -10.46 -10.87
ROA(%) 5.05 -0.39 -2.9 -3.6 3.97 -2.06 -1.91 0.41 3.35 -6.71 -5.82
ROE(%) 11.19 -0.66 -4.36 -5.54 6.37 -3.43 -3.21 0.7 5.65 -12.42 -12.33
ROCE(%) 9.11 -0.03 -3.15 -4.01 7.08 -2.39 -2.34 0.56 4.17 -6.94 -6.04
Receivable days 319.04 290.06 0 74.29 164.19 347.57 485.64 420.34 396.47 349.88 359.72
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) 1.66 0 0 0 5.63 0 0 99.51 12.28 0 0
Price/Book(x) 0.17 0.23 0.31 0.36 0.56 0.3 0.32 0.68 0.67 1.31 0.86
Dividend Yield(%) 0 0 0 0 0 0 0 0 0 0 0
EV/Net Sales(x) 0.43 0.44 0.71 1.57 2.15 1.97 2.63 3.54 1.93 2.1 1.62
EV/Core EBITDA(x) 3.57 38.62 58.28 -136.82 5.78 -25.86 -45.38 297.18 -396.32 -23.83 -17.16
Net Sales Growth(%) -45.85 -18.54 -25.31 -55.43 -18.59 -22.12 -18.35 19.38 96.19 67.57 0.09
EBIT Growth(%) 183.33 -100.33 -8782.58 -21.53 255.13 -130.85 0.65 124.42 697.71 -287.93 7.03
PAT Growth(%) 153.99 -106.4 -543.64 -20.97 199.91 -147.91 5.8 122.09 754.54 -322.21 7.81
EPS Growth(%) 149.81 -106.4 -543.66 -20.97 236.95 -134.95 5.81 122.1 754.3 -322.2 7.81
Debt/Equity(x) 0.43 0.3 0.32 0.3 0.36 0.37 0.38 0.4 0.41 0.73 0.87
Current Ratio(x) 2.13 2.14 0.39 2.59 5.35 5.2 4.95 5.64 9.43 2.85 2.95
Quick Ratio(x) 2.13 2.14 0.39 2.59 5.35 5.2 4.95 5.64 9.43 2.85 2.95
Interest Cover(x) 9.92 -0.21 -17.59 -20.85 34.21 -11.85 -28.32 3.89 18.91 -7.97 -7.09
Total Debt/Mcap(x) 2.51 1.3 1.03 0.84 0.64 1.25 1.22 0.58 0.61 0.56 1.01

Ajel Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 50.05 50.05 50.05 50.05 50.05 50.05 50.05 50.05 50.05 50.06
FII 0 0 0 0 0 0 0 0 0 0
DII 0 0 0 0 0 0 0 0 0 0
Public 49.95 49.95 49.95 49.95 49.95 49.95 49.95 49.95 49.95 49.94
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

Ajel News

Ajel Pros & Cons

Pros

  • Stock is trading at 0.6 times its book value

Cons

  • Company has a low return on equity of -6% over the last 3 years.
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