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AION-Tech Solutions Ltd (GOLDTECH)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531439 NSE: GOLDTECH IT - Software | Small Cap | AION-Tech Solutions Share Price

₹64.51 9.14 (16.51%)

As on 01-Jul'26 16:59

AION-Tech Solutions Ltd (GOLDTECH)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531439 NSE: GOLDTECH IT - Software | Small Cap | AION-Tech Solutions Share Price

₹64.51 9.14 (16.51%)

As on 01-Jul'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹337 Cr.
Current Price
₹64.5
52-Week Low / High
₹30 / 81
TTM EPS
₹3.3
TTM Sales
₹100 Cr.
Book Value per Share
₹56.2
P/E Ratio
19.39
Lower than its 5-year historical median
Industry PE
19.7
Price to Book (P/B)
1.15
Lower than its 5-year historical median
Price to Sales (P/S)
3.37
In line with its 5-year historical median
EV/EBITDA
35.50
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
20.88%
Outperforms industry median
Return on Capital Employed (ROCE)
25.19%
Outperforms industry median
Return on Assets (ROA)
14.26%
Operating Profit Margin
2.3%
Net Profit Margin
17.06%
Gross Profit Margin
5.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
9.87%
Operating Profit Growth (1 Year)
-
-50.53%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
532.91%
Asset Quality
Promoter Holding
52.44%
Pledged shares (%) of Promoter's holding (%)
3.24%
Reserves
₹242 Cr.
Equity
₹52.3 Cr.
Face Value
₹10
All Time Low / High
₹2.38 / 538.50

AION-Tech Solutions stock performance

Key Ratios
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Check Before You Invest

Valuation

Somewhat Overvalued

Price Trend

Strong
Q.1 Is AION-Tech Solutions Ltd a good quality company?
AION-Tech Solutions Ltd is a weak quality company, based on a inconsistent 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 AION-Tech Solutions Ltd performance compare with that of its Peers?
Q.1 Revenue growth of AION-Tech Solutions Ltd vs industry peers?
AION-Tech Solutions Ltd revenue CAGR is 19.79%, compared to the industry median CAGR of 2.48%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of AION-Tech Solutions Ltd?
Promoters hold 52.44% of the AION-Tech Solutions Ltd, with 3.24% of their stake pledged, indicating low pledge risk.
Q.1 Stock return of AION-Tech Solutions Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 20.3% based on the current price.

10 Year X-Ray :

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

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % -6.6%-0.1%7.3%10%4.9%6.4%3.2%7.1%5.7%25.2%-
Value Creation
Index
-1.5-1.0-0.5-0.3-0.7-0.5-0.8-0.5-0.60.8-

Growth Parameters

Sales 23.721.525.134.135.242.254.974.97986.8100
Sales YoY Gr.--9.4%16.6%36%3.2%19.9%30.2%36.3%5.5%9.9%-
Adj EPS -0.40.71.110.80.90.30.80.713.3
YoY Gr.-NA68.2%-7.2%-27.2%20%-62.2%129.4%-11.5%49.3%-
BVPS (₹) 28.512.814.215.215.816.615.916.717.323.756.2
Adj Net
Profit
-0.81.32.11.91.41.71.22.72.43.617
Cash Flow from Ops. 1.7-2.10.12.1-2.83.92.32.22.6-16.1-
Debt/CF from Ops. 6.9-0.724.81-1.501.601.4-0.2-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 15.5%19.8%16.5%9.9%
Adj EPS NA6.6%44.7%49.3%
BVPS-2.1%8.5%14.3%36.6%
Share Price 24.6% 38.2% -3% -12.4%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
-1.43.28.274.85.52.74.8458.3
Op. Profit
Mgn %
0.50.46.410.16.65.7-1.15.14.92.35.3
Net Profit
Mgn %
-3.25.88.35.7442.13.634.117.4
Debt to
Equity
0.20.10.10.10.100.100.100
Working Cap
Days
37939329721125222715511212617082
Cash Conv.
Cycle
6959533444453932322657

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales24222534354255757987
Operating Expenses > + 24222331334056717585
Manufacturing Costs0011112000
Material Costs54511162436495465
Employee Cost 16151616141316181715
Other Costs > 2213222445
Operating Profit > -0-02322-1442
Operating Profit Margin (%) -0.1%-0.0%8.3%9.0%5.3%4.8%-1.7%5.0%4.8%2.2%
Other Income > + 0000003113
Exceptional Items > -00000000016
Interest > 0000000011
Depreciation > 5000000122
Profit Before Tax > -5-0231214318
Tax > -4-1-11000113
Profit After Tax -11221113215
PAT Margin (%) -3.6%5.5%9.7%4.9%3.1%3.4%1.8%3.5%3.0%17.1%
Adjusted EPS (₹)-0.50.61.30.90.60.80.30.80.74.3
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of AION-Tech Solutions - 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 + 54242728303155586082
Share Capital 19191919191935353535
Reserves 355810111220232547
Debt +12122404042
Long Term Debt0000000000
Short Term Debt12122404042
Minority Interest0000000000
Trade Payables123465891213
Others Liabilities 21689997121619
Total Liabilities 684339434845737991117

Fixed Assets

Net Fixed Assets +20101010101010141712
Gross Block62111111111112172118
Accumulated Depreciation41011112346
CWIP 13000000000
Investments 9999999242425
Inventories0000000000
Trade Receivables5678121014171919
Cash Equivalents 11131132162029
Others Assets 191712131614871131
Total Assets 684339434845737991117

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 2-202-34223-16
PBT -5-0231214318
Adjustment 401110-201-15
Changes in Working Capital 2-1-10-31-1-10-17
Tax Paid 0-2-2-2-204-0-1-2
Cash Flow From Investing Activity + 00-0-000-30-3-720
Capex -0-0-0-1-0-0-0-5-418
Net Investments 00-0000-322-4-1
Others 0000003112
Cash Flow From Financing Activity + -210-01-42614-3
Net Proceeds from Shares 00000023000
Net Proceeds from Borrowing -10-00-0-00000
Interest Paid -0-0-0-0-0-0-0-0-0-0
Dividend Paid 0000000000
Others -111-02-4415-3
Net Cash Flow -1-101-1-0-10-01

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)-1.63.069.566.033.754.672.264.713.9820.88
ROCE (%)-6.64-0.097.289.984.896.413.237.135.6625.19
Asset Turnover Ratio0.330.390.610.830.770.90.930.990.930.84
PAT to CFO Conversion(x)N/A-201-3420.671.5-1.07
Working Capital Days
Receivable Days95.3087.2090.4078.20100.8095.4081.7076.5083.6080.60
Inventory Days0000000000
Payable Days147.10154.90174.80110.50109.7081.7064.206269.6070.10

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.002.892.893.24
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

AION-Tech Solutions Ltd FAQs

The current trading price of AION-Tech Solutions on 01-Jul-2026 16:59 is ₹64.51.

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 30-Jun-2026 the market cap of AION-Tech Solutions stood at ₹337.1 Cr

The latest P/E ratio of AION-Tech Solutions as of 30-Jun-2026 is 19.39.

The latest P/B ratio of AION-Tech Solutions as of 30-Jun-2026 is 1.15.

The 52-week high of AION-Tech Solutions is ₹80.50 and the 52-week low is ₹30.25.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of AION-Tech Solutions is ₹100 ( Cr.) .

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

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

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

About AION-Tech Solutions Ltd

AION-Tech Solutions (formerly known as Goldstone Technologies) is a leading Business Intelligence and IT Services company. Founded in 1994 as Goldstone Technologies, the company is publicly listed on the BSE and the National Stock Exchange of India (NSE). At AION-Tech Solutions, they unite people, processes, and technology to tackle complex business challenges. The company’s Business Intelligence (BI) and Analytics solutions empower customers to achieve success through data-driven insights. The company’s world-class IT services are designed to be flexible, high-quality, and cost- effective, fostering trust-based relationships with its clients. The company offers services to industries such as Banking, financial services and insurance (BFSI), Automotive and Manufacturing, Telecom, Media & Entertainment, Retail & E-Commerce, Hitech, Travel & Hospitality, and Healthcare.

Business area of the company

The company is a specialist Full-Stack BI, Data Analytics, and IT services consulting firm. The company offers a comprehensive range of strategic services designed to enhance data planning, reduce costs, and accelerate BI adoption. The company’s solutions enable clients to significantly reduce time-to-value, driving impactful business outcomes and fostering data- driven success.

Consulting Services

  • BI & Analytics
  • Cloud Services
  • Sustainability Services
  • Data Science and Analytics
  • Tableau Support as a Service (TSaaS)
  • Data Lifecycle Diagnostics
  • Digital Automation
  • AI & NLP
  • ATS Akademia

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