AION-Tech Solutions Ltd - Stock Valuation and Financial Performance

BSE: 531439 | NSE: GOLDTECH | IT - Software | Small Cap

AION-Tech Solutions Share Price

136 0.15 0.11%
as on 26-Apr'24 16:01

DeciZen - make an informed investing decision on AION-Tech Solutions

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Overvalued

3. Price Trend

Semi Strong

AION-Tech Solutions stock performance -

mw4me loader
P/E Ratio (SA):
319.37
Market Cap:
465.7 Cr.
52-wk low:
56.2
52-wk high:
171.7

Is AION-Tech Solutions Ltd an attractive stock to invest in?

1. Is AION-Tech Solutions Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that AION-Tech Solutions Ltd is a below average quality company.

2. Is AION-Tech Solutions Ltd undervalued or overvalued?

The key valuation ratios of AION-Tech Solutions Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is AION-Tech Solutions Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of AION-Tech Solutions Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of AION-Tech Solutions:

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.
AION-Tech Solutions Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 1.4%-5%-0.9%2.9%8.5%7.2%5.1%5.7%2.8%5%-
Value Creation
Index
-0.9-1.4-1.1-0.8-0.4-0.5-0.6-0.6-0.8-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 26.229.123.721.525.134.135.242.254.974.977
Sales YoY Gr.-11%-18.3%-9.4%16.6%36%3.2%19.9%30.2%36.3%-
Adj EPS 0.4-1.9-0.40.71.110.80.90.30.80.4
YoY Gr.--651.4%NANA68.2%-7.2%-27.2%20%-62.2%129.4%-
BVPS (₹) 32.32928.512.814.215.215.816.615.916.717.1
Adj Net
Profit
0.7-3.6-0.81.32.11.91.41.71.22.71
Cash Flow from Ops. 18.94.51.7-2.10.12.1-2.83.92.32.2-
Debt/CF from Ops. 0.72.86.9-0.724.81-1.501.60-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 12.4%24.4%28.6%36.3%
Adj EPS 9.3%-6.8%1.3%129.4%
BVPS-7.1%3.3%1.9%5%
Share Price 40.7% 58.7% 139.1% 96.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
1.1-6.3-1.43.28.274.85.52.74.82.5
Op. Profit
Mgn %
19.316.30.50.46.410.16.65.7-1.15.14
Net Profit
Mgn %
2.5-12.5-3.25.88.35.7442.13.61.9
Debt to
Equity
0.20.20.20.10.10.10.100.10-
Working Cap
Days
41229737939329721125222715511273
Cash Conv.
Cycle
18864695953344445393346

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 28.61%

Sales growth is good in last 4 quarters at 11.68%

Return on Equity has declined versus last 3 years average to 2.50%

Latest Financials - AION-Tech Solutions Ltd.

Standalone Consolidated
TTM EPS (₹) 0.4 -0.6
TTM Sales (₹ Cr.) 77.3 96.5
BVPS (₹.) 17.1 19.6
Reserves (₹ Cr.) 25 33
P/BV 7.87 6.89
PE 319.37 0.00
From the Market
52 Week Low / High (₹) 56.20 / 171.65
All Time Low / High (₹) 2.38 / 538.50
Market Cap (₹ Cr.) 466
Equity (₹ Cr.) 34.6
Face Value (₹) 10
Industry PE 31.5

Management X-Ray of AION-Tech Solutions:

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 (%)

Event Update

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Analyst's Notes

Key Ratios of AION-Tech Solutions

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales26292422253435425575
Operating Expenses 21242422233133405671
Manufacturing Costs1000111122
Material Costs145451116243649
Employee Cost 16171615161614131618
Other Costs 3322132223
Operating Profit 55002322-14
Operating Profit Margin (%) 19.3%15.9%-0.1%0.0%8.3%9.0%5.3%4.8%-1.7%5.0%
Other Income 2000000031
Interest 0000000000
Depreciation 5550000001
Exceptional Items 0000000000
Profit Before Tax 20-50231214
Tax 14-4-1-110001
Profit After Tax 1-4-11221113
PAT Margin (%) 4.1%-13.1%-3.6%5.5%9.7%4.9%3.1%3.4%1.8%3.5%
Adjusted EPS (₹)0.6-2.0-0.50.61.30.90.60.80.30.8
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 61545424272830315558
Share Capital 19191919191919193535
Reserves 423635581011122023
Minority Interest0000000000
Debt1413121224040
Long Term Debt0000000000
Short Term Debt1413121224040
Trade Payables2212346589
Others Liabilities 252168999712
Total Liabilities 77746843394348457379

Fixed Assets

Gross Block61616211111111111217
Accumulated Depreciation3037410111123
Net Fixed Assets31252010101010101014
CWIP 1313130000000
Investments 99999999924
Inventories0000000000
Trade Receivables78567812101417
Cash Equivalents 121113113216
Others Assets151719171213161487
Total Assets 77746843394348457379

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 1952-202-3422
PBT 20-50231214
Adjustment 35401110-20
Changes in Working Capital 1402-1-10-31-1-1
Tax Paid 000-2-2-2-2040
Cash Flow From Investing Activity -110000000-30-3
Capex 00000-1000-5
Net Investments 00000000-322
Others -11000000031
Cash Flow From Financing Activity -8-4-21001-4261
Net Proceeds from Shares 00000000230
Net Proceeds from Borrowing 00-10000000
Interest Paid 0000000000
Dividend Paid 0000000000
Others -8-4-11102-441
Net Cash Flow 01-1-101-10-10
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)1.8-6.61-1.63.069.566.033.754.672.264.71
ROCE (%)2.98-0.14-6.64-0.097.289.984.896.413.237.13
Asset Turnover Ratio0.320.380.330.390.610.830.770.90.930.99
PAT to CFO Conversion(x)19N/AN/A-201-3420.67
Working Capital Days
Receivable Days1289295879078101958276
Inventory Days0000000000
Payable Days443206147155175110110826462

AION-Tech Solutions Ltd Stock News

AION-Tech Solutions Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of AION-Tech Solutions on 26-Apr-2024 16:01 is ₹136.0.
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 26-Apr-2024 16:01 the market cap of AION-Tech Solutions stood at ₹465.6.
The latest P/E ratio of AION-Tech Solutions as of 26-Apr-2024 16:01 is 319.4.
The latest P/B ratio of AION-Tech Solutions as of 26-Apr-2024 16:01 is 7.87.
The 52-week high of AION-Tech Solutions is ₹171.7 and the 52-week low is ₹56.20.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of AION-Tech Solutions is ₹77.31 ( Cr.) .

About AION-Tech Solutions Ltd

Goldstone Technologies is a mid-sized, publicly-traded IT services company operating in the US, Europe, Japan and India. The company is in the business since 1998.

The company provides Technical Support Outsourcing, Forte (UDS) Migration, and Professional Consulting Services. With a focus and passion for excellence, Goldstone Technologies has earned its mark as a global service provider. It attracts the best talent in the industry and deliver the best to their clients.

Goldstone’s rapid rise as a preferred IT services vendor for companies around the world, stems from a simple obsession – ‘Customer Delight’. It is the philosophy that radiates through its world-class facilities, reliable outsourcing processes and talent pool of professionals. Satisfied clients testify to Goldstone’s remarkable flexibility in meeting their changing needs, while consistently delivering high-class service. Their long-standing partnerships with leading technology firms are an indicator of their success. Some of their key relationships are – IBM, Microsoft, BEA, Oracle, Business Objects, Axway, and TIBCO.

Goldstone provides specialized Information Technology outsourcing in Technical Support Outsourcing, Forte (UDS) Migration, and On-site Consulting services. With dual headquarters in India and the US, Goldstone operates multiple offshore facilities, and sales and administrative offices in United States, Japan and India. It serves customers on four continents – Africa, Asia, Europe, and North America.. Goldstone is a financially healthy company with 40% CAGR, and a consistent track record for profitable operations since its inception.

Services offered by the company

  • Internet Protocol television- Goldstone Technologies Limited (GTL), a Multinational IT Enabled Services (ITES) Company, launched the Next Generation Internet Protocol Television (IPTV) services in alliance with SPL Innotech Pvt. Ltd (SPL), a Singapore based company. GTL and SPL are providing complete end to end solution for IPTV consisting of head-end equipment, Middleware, Billing, delivery protocols, and Set top boxes.Technical Support outsourcing Services
  • Forte migration Services - Goldstone is a leading provider of offshore-based Technical Support Services. Their clients consist of large, medium and small corporations who trust Goldstone to manage their customer care operations with their most valuable assets — their customers and their brand. Goldstone has earned this trust through years of dedication, delivery, and results.
  • Business Integration- Goldstone has enjoyed a strong relationship with Forté customers since 1997. As a development and consulting partner for Forté Software Inc, and then Sun Microsystems, Goldstone has successfully assisted several UDS customers in their implementation cycle. Goldstone's Forté services include application development & maintenance, integration and consulting services
  • Application Development- Goldstone has developed applications for several industries such as Healthcare services, Telecom, Banking, Financial services, Insurance, Utilities, and the Government. Goldstone has a world-class Infrastructure at their offshore facility. All of their development centers are connected to client locations by dedicated and secure satellite links for high-speed remote-login, data & voice transmissions. Their Methodologies & Project Management ensures that the projects are delivered on time, with expected performance.
  • Application Maintenance- Goldstone’s Application Maintenance services not only allow clients to focus on their core business, delivers substantial cost reductions, which is so critical in competitive market conditions. Further, they improve the quality of applications to ISO 9001:2000 requirements, boosting uptime and increasing throughput. They provide year round, 24x7 support allowing systems to run in support of today's real-time business environments.
  • Consulting services- Goldstone Technologies provides a wide range of value-added Information Technology (IT) consulting and custom software development services through their presence in the United States and India. Their experienced consultants and their offshore development center allow them to deliver high-quality, on-schedule services to their clients in a cost-effective and efficient manner.
  • Gold Connect- Goldconnect is the live chat service for client website & provides a range of services providing assistance with highly qualified technical and marketing support team to monitor and support their products. Implement live chat to increase online sales and conversion rates. Live help reduces service and support costs, improves agent productivity and increases customer satisfaction.

Business partners of the company include: Sun Micro Systems, BEAStar, Axway, IBM, ORACLE, Informatica, Tibco, Business Objects, Microsoft and PassGCA

The clients of the company include Sun, Axway, Liberty Mutual, GE, Mitsubishi, Viewlocity, Accenture, Cargolux, Mirus, Cisco Systems, Toshiba and many more.

Awards & Achievements

Goldstone has been ISO 9001:2000 certified since 2000 – a hallmark to their profound commitment to Quality and Business Excellence. Goldstone is in the advanced stages of SCP certification to offer world-class services for Technical Support Outsourcing.

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