Ajel Ltd - Stock Valuation and Financial Performance

BSE: 530713 | NSE: | IT - Software | Small Cap

Ajel Share Price

16.33 0.54 3.42%
as on 19-Apr'24 16:01

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Ajel stock performance -

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P/E Ratio (SA):
0.00
Market Cap:
19 Cr.
52-wk low:
6.9
52-wk high:
20.7

Is Ajel Ltd an attractive stock to invest in?

1. Is Ajel Ltd a good quality company?

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

2. Is Ajel Ltd undervalued or overvalued?

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

3. Is Ajel Ltd a good buy now?

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

10 Year X-Ray of Ajel:

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.
Ajel 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 % 2.7%0.9%1.4%0.4%-1.3%-2.3%-1.9%-1.7%-0.9%-1.2%-
Value Creation
Index
-0.8-0.9-0.9-1.0-1.1-1.2-1.1-1.1-1.1-1.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 9.34.86.26.43.73.22.41.92.23.25
Sales YoY Gr.--48.2%28.9%3.7%-42.5%-13.2%-26.2%-18.1%12.9%45.2%-
Adj EPS 0.40.10.20.1-0.2-0.3-0.3-0.2-0.1-0.2-1.4
YoY Gr.--72.2%80%-72.2%-440%NANANANANA-
BVPS (₹) 10.510.510.710.710.612.11212.112.412.611.5
Adj Net
Profit
0.40.10.20.1-0.2-0.4-0.3-0.3-0.2-0.2-2
Cash Flow from Ops. -0.1000.40-1.4-0.5-0.2-0.2-0.8-
Debt/CF from Ops. -33.5006.891.9-1.3-4.5-9-11.9-3.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -11.2%-3%10.3%45.2%
Adj EPS -192.6%NANANA
BVPS2%3.6%1.6%1.8%
Share Price 24.7% 22.6% 82.4% 87.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
3.10.91.70.5-1.6-2.8-2.2-1.9-1-1.5-11.3
Op. Profit
Mgn %
7.310.16.81.2-3.6-20-8.6-8.3-4.3-8.8-38.4
Net Profit
Mgn %
4.12.43.41-5.3-11.3-13.2-13.8-6.7-6.7-33.6
Debt to
Equity
0.20.20.20.20.20.10.10.20.20.2-
Working Cap
Days
3977595725579591,1531,6472,0481,8381,344341
Cash Conv.
Cycle
21648039519761262605839764480247

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 10.30%

Sales growth is good in last 4 quarters at 84.20%

Return on Equity is Poor

Latest Financials - Ajel Ltd.

Standalone Consolidated
TTM EPS (₹) -1.4 -0.7
TTM Sales (₹ Cr.) 4.7 13.9
BVPS (₹.) 11.5 12.2
Reserves (₹ Cr.) 2 3
P/BV 1.42 1.34
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 6.91 / 20.66
All Time Low / High (₹) 0.50 / 85.25
Market Cap (₹ Cr.) 19
Equity (₹ Cr.) 11.7
Face Value (₹) 10
Industry PE 31.2

Management X-Ray of Ajel:

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

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
Sales9.294.816.206.433.703.212.371.942.193.18
Operating Expenses 8.614.705.836.353.833.852.592.112.293.46
Manufacturing Costs0.050.010000.010.01000
Material Costs0000000000
Employee Cost 7.844.255.665.763.412.732.211.752.010.63
Other Costs 0.710.440.160.590.431.110.370.350.282.82
Operating Profit 0.680.110.370.08-0.13-0.64-0.22-0.16-0.09-0.28
Operating Profit Margin (%) 7.3%2.3%6.0%1.2%-3.6%-20.0%-9.3%-8.3%-4.3%-8.9%
Other Income 0.07000.0702.660000
Interest 0.020.020000.010000
Depreciation 0.240.240.120.080.060.080.110.100.100.07
Exceptional Items 00000-0.05-0.02-0.050.110.40
Profit Before Tax 0.49-0.140.250.06-0.191.87-0.35-0.32-0.090.05
Tax 0.1100.07000.41-0.01-0.02-0.02-0.02
Profit After Tax 0.38-0.140.170.06-0.201.46-0.34-0.30-0.070.07
PAT Margin (%) 4.1%-3.0%2.8%1.0%-5.3%45.5%-14.3%-15.6%-3.2%2.1%
Adjusted EPS (₹)0.4-0.10.20.1-0.21.3-0.3-0.3-0.10.1
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 11.3312.2712.4412.5012.3114.1214.0214.0614.4314.69
Share Capital 10.7511.6511.6511.6511.6511.6511.6511.6511.6511.65
Reserves 0.580.620.790.850.662.472.372.412.783.04
Minority Interest0000000000
Debt2.592.262.262.402.361.852.012.182.402.83
Long Term Debt0.170.0702.262.361.832.012.182.402.83
Short Term Debt2.422.192.260.1400.020000
Trade Payables1.620.490.490.010.120.160.180.220.140.33
Others Liabilities 3.953.323.513.533.633.423.433.423.453.41
Total Liabilities 19.4918.3318.6918.4418.4119.5419.6419.8820.4121.26

Fixed Assets

Gross Block3.053.052.832.832.832.882.882.882.882.89
Accumulated Depreciation1.211.451.581.661.721.801.912.022.112.18
Net Fixed Assets1.831.591.251.171.111.070.960.860.760.71
CWIP 0000000000
Investments 7.157.157.157.157.157.727.627.968.398.16
Inventories0000000000
Trade Receivables7.946.977.5001.373.554.664.694.865.60
Cash Equivalents 0.010.090.370.400.430.200.190.120.130.13
Others Assets2.572.532.429.728.3676.216.266.276.66
Total Assets 19.4918.3318.6918.4418.4119.5419.6419.8820.4121.26

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'13Mar'14Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.67-0.0800.350.03-1.41-0.45-0.24-0.20-0.84
PBT 1.290.4900.06-0.191.92-0.33-0.27-0.20-0.35
Adjustment 0.670.2400.080.06-2.490.110.100.100.07
Changes in Working Capital -0.78-0.6600.210.16-0.39-0.21-0.03-0.22-0.96
Tax Paid -0.51-0.1500000000
Cash Flow From Investing Activity -0.950.050002.310.35000.41
Capex -0.970000-0.13000-0.01
Net Investments 00000-0.220.35000.43
Others 0.010.050002.660000
Cash Flow From Financing Activity 0.2500-0.330-1.120.080.170.220.43
Net Proceeds from Shares 0.25000000000
Net Proceeds from Borrowing 0-0.02000.10-0.530.180.170.220.43
Interest Paid 0000000000
Dividend Paid 0000000000
Others 00.020-0.33-0.10-0.60-0.09000
Net Cash Flow -0.03-0.0200.030.03-0.23-0.01-0.070.010
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)3.43-1.221.40.5-1.5811.04-2.41-2.16-0.490.45
ROCE (%)3.45-0.861.690.43-1.312.26-2.19-1.96-0.50.31
Asset Turnover Ratio0.480.250.330.350.20.170.120.10.110.15
PAT to CFO Conversion(x)1.76N/A05.83N/A-0.97N/AN/AN/A-12
Working Capital Days
Receivable Days2935664260135280631877795601
Inventory Days0000000000
Payable Days0000000000

Ajel Ltd Stock News

Ajel Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Ajel on 19-Apr-2024 16:01 is ₹16.33.
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 19-Apr-2024 16:01 the market cap of Ajel stood at ₹19.02.
The latest P/E ratio of Ajel as of 19-Apr-2024 16:01 is 0.00.
The latest P/B ratio of Ajel as of 19-Apr-2024 16:01 is 1.42.
The 52-week high of Ajel is ₹20.66 and the 52-week low is ₹6.91.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ajel is ₹4.72 ( Cr.) .

About Ajel Ltd

Ajel Infotech, established in the year 1994, is a premier provider of full range of information technology services for agile businesses. The company combines strategic consulting, process innovation, custom and package software deployment, and application monitoring to rapidly deliver end-to-end business systems that create immediate bottom-line impact for its clients to achieve their business objectives.

The company’s outsourcing solution enables customers to gain efficiency in operations, minimize costs, and keep to a strategy of staying lean, flexible and nimble.

Ajel Infotech offers products in area of customer relationship management, consultant resource management, project management, human resources management, financials & accounting and knowledge management.

Moreover it offers solutions in area of GPS, eBusiness, business intelligence & data warehousing, enterprise resource planning, supply chain management, customer relationship management and enterprise application integration

In order to provide a wide range of product and services, the company has partnered with Microsoft, TracepointGPS, Informatica and Kalido.

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