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Ajanta Soya Ltd (519216)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 519216 NSE: Edible Oil | Small Cap | Ajanta Soya Share Price

₹22.09 0.18 (0.82%)

As on 03-Jul'26 16:59

Ajanta Soya Ltd (519216)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 519216 NSE: Edible Oil | Small Cap | Ajanta Soya Share Price

₹22.09 0.18 (0.82%)

As on 03-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹178 Cr.
Current Price
₹22.1
52-Week Low / High
₹16 / 40
TTM EPS
₹1
TTM Sales
₹1,308 Cr.
Book Value per Share
₹20.9
P/E Ratio
21.23
Higher than its 5-year historical median
Industry PE
37.1
Price to Book (P/B)
1.06
Lower than its 5-year historical median
Price to Sales (P/S)
0.14
Lower than its 5-year historical median
EV/EBITDA
8.69
Higher than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
18.75%
Outperforms industry median
Return on Capital Employed (ROCE)
27.64%
Outperforms industry median
Return on Assets (ROA)
11.42%
Operating Profit Margin
2.6%
Net Profit Margin
2.04%
Gross Profit Margin
2.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
30.1%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
1035.22%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
573.7%
Asset Quality
Promoter Holding
49.80%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹152 Cr.
Equity
₹16.1 Cr.
Face Value
₹2
All Time Low / High
₹0.08 / 69.38

Ajanta Soya stock performance

Key Ratios
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Quality

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Valuation

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Price Trend

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Q.1 Is Ajanta Soya Ltd a good quality company?
Ajanta Soya Ltd is a good quality company, based on a consistently good multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does Ajanta Soya Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Ajanta Soya Ltd vs industry peers?
Ajanta Soya Ltd revenue CAGR is 11.84%, compared to the industry median CAGR of 4.81%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of Ajanta Soya Ltd?
Promoters hold 49.80% of the Ajanta Soya Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Ajanta Soya Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 24.9% based on the current price.

10 Year X-Ray : Login to view analysis.

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Ajanta Soya Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 18.3%26.8%8.7%8.6%25.5%61%49.6%5.4%7.3%27.6%-
Value Creation
Index
0.30.9-0.4-0.40.83.42.5-0.6-0.51.0-

Growth Parameters

Sales 5797003466957609311,3451,2361,0221,3301,308
Sales YoY Gr.-20.9%-50.6%100.7%9.4%22.5%44.4%-8.1%-17.3%30.1%-
Adj EPS 0.70.4-0.3-0.41.42.64.90.2-0.131
YoY Gr.--48%-165.8%NANA85.6%90.7%-95.1%-125%NA-
BVPS (₹) 4.15.35.65.56.79.915.315.616.219.720.9
Adj Net
Profit
5.63-2.1-311.220.839.62-0.523.98
Cash Flow from Ops. 10.720.9-44.821.821.221.728.2-2425.116.4-
Debt/CF from Ops. 1.50.1-0.71.10.10.10-0.100-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 9.7%11.8%-0.4%30.1%
Adj EPS 16.9%16.4%-15.5%NA
BVPS19.1%24.1%8.8%21.6%
Share Price 17.3% -1% -8.1% -43%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
19.38.2-4.8-6.722.731.139.11.6-0.416.55.1
Op. Profit
Mgn %
1.30.800.42.43.93.50.60.32.60.9
Net Profit
Mgn %
10.4-0.6-0.41.52.22.90.2-0.11.80.6
Debt to
Equity
0.500.70.50.1000000
Working Cap
Days
3931674540303447493626
Cash Conv.
Cycle
3125502927191012151115

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales5797003466957609311,3451,2361,0221,330
Operating Expenses + 5736943466937448951,2971,2301,0191,296
Manufacturing Costs30281531323541474747
Material Costs5286503196436948431,2381,1629511,224
Employee Cost 3345557778
Other Costs 1213813141212151416
Operating Profit 66-021636486334
Operating Profit Margin (%) 1.1%0.8%-0.1%0.3%2.1%3.9%3.5%0.5%0.3%2.6%
Other Income + 3861285399
Exceptional Items 0004000000
Interest 1115321344
Depreciation 1111222233
Profit Before Tax 711421341504536
Tax 24323158219
Profit After Tax 571-01025422427
PAT Margin (%) 0.9%1.0%0.3%-0.1%1.3%2.7%3.1%0.2%0.4%2.0%
Adjusted EPS (₹)0.70.90.1-0.11.23.15.20.30.53.4
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Ajanta Soya - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25

Equity and Liabilities

Shareholders Fund + 324145445479123126131159
Share Capital 15151616161616161616
Reserves 162529283863107110115143
Debt +1612617330100
Long Term Debt0060000000
Short Term Debt1612017330100
Minority Interest0000000000
Trade Payables536436775058126947587
Others Liabilities 761016102015111013
Total Liabilities 107112117155117160265232216259

Fixed Assets

Net Fixed Assets +10103232313540404546
Gross Block34354143434855566467
Accumulated Depreciation2426911121314171921
CWIP 0000110000
Investments 22245551824152437
Inventories43324253404113211196103
Trade Receivables17211528161822371235
Cash Equivalents 1223819142137223132
Others Assets 441419112610797
Total Assets 107112117155117160265232216259

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 1121-4522212228-242516
PBT 7114-31341504536
Adjustment 1-5-366-42233
Changes in Working Capital 319-44155-11-6-2318-15
Tax Paid -1-4-2-1-2-4-17-7-1-7
Cash Flow From Investing Activity + -6-1210-40-23-2520-17-14
Capex -0-1-23-1-1-5-8-2-8-3
Net Investments -6-1232-31-19-1921-11-13
Others 1201012122
Cash Flow From Financing Activity + -1-1133-11-264-4-1-5-3
Net Proceeds from Shares 0030000000
Net Proceeds from Borrowing 006-6000000
Interest Paid -1-1-1-4-3-2-1-3-4-4
Dividend Paid 0000000000
Others -0-1025-1-235-32-11
Net Cash Flow 4-3-27-52-0-53-1

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)17.4119.662.21-0.9119.937.6841.671.83.1418.75
ROCE (%)18.3126.848.698.6125.5261.0449.585.397.3327.64
Asset Turnover Ratio5.836.413.035.115.586.726.344.984.565.6
PAT to CFO Conversion(x)2.23-45N/A2.10.880.67-126.250.59
Working Capital Days
Receivable Days12.409.8019.2011.4010.506.705.508.708.706.40
Inventory Days23.5019.5038.8024.9022.3015.8023.4035.803727.30
Payable Days5.104.808.107.506.703.4019.8034.5032.4024.20

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Ajanta Soya Ltd FAQs

The current trading price of Ajanta Soya on 03-Jul-2026 16:59 is ₹22.09.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 02-Jul-2026 the market cap of Ajanta Soya stood at ₹177.8 Cr

The latest P/E ratio of Ajanta Soya as of 02-Jul-2026 is 21.23.

The latest P/B ratio of Ajanta Soya as of 02-Jul-2026 is 1.06.

The 52-week high of Ajanta Soya is ₹39.87 and the 52-week low is ₹16.00.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ajanta Soya is ₹1,308 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that Ajanta Soya Ltd is a good quality company.

The key valuation ratios of Ajanta Soya Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ajanta Soya Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About Ajanta Soya Ltd

Ajanta Soya Limited (ASL) was incorporated on January 13, 1992 under companies Act, 1956. The Company is engaged in the primary business of manufacturing of Vanaspati and various kinds of cooking oil with applications products for bakery like biscuits, puffs, pastries and other applications.

The company is a leading manufacturer and marketer of Vanaspati, Cooking Oils and Bakery applications since two decades. The company has focused on continuous expansion, across business verticals to consolidate, and its industry leadership over the years. The company is promoted by well-established group having and proven track record in the fields of cooking oils.

It is now a company with a strong portfolio of brands viz. Druv, Anchal and Parv and enjoys reputed market share. It also offers its quality products as food ingredients to serve food manufacturers and food service industry.

The company has never let go of an opportunity to expand and modernise to keep up with the changing technologies & market trends. It has the most modern plant with State-Of-The-Art technology.

The plant has the facility to manufacture vanaspati, cooking oil & bakery shortening for puffs, biscuits, pastries and table margarines.

The plant is located in industrial town of Bhiwadi, Rajasthan & follows an environment friendly policy for operations. Strategically located 100 kms from Delhi (capital of India & one of the biggest markets), the plant caters to majority of locations in North India.

Business area of the company

The Company is engaged in the primary business of manufacturing of Vanaspati and various kinds of refined oil with shortening products for bakery like biscuits, puffs, pastries and other applications. It is a leading manufacturer and marketer of Vanaspati, Edible Oils and Bakery Application since two decades. The company has focused on continuous expansion, across business verticals to consolidate, and its industry leadership over the years.

Products

  • Cooking Oil
  • Vanaspati
  • Bakery Application
  • ByProducts

Brands

  • Anchal
  • Dhruv
  • Parv
  • Nutri 1992
  • ASL PURE
  • Fine Fingers
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