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Ajel Ltd (530713)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530713 NSE: IT - Software | Small Cap | Ajel Share Price

₹6.29 0.00 (0.00%)

As on 30-Jun'25 16:59

Ajel Ltd (530713)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530713 NSE: IT - Software | Small Cap | Ajel Share Price

₹6.29 0.00 (0.00%)

As on 30-Jun'25 16:59

Key Metrics
Valuation Multiples
Market Cap
₹7 Cr.
Current Price
₹6.3
52-Week Low / High
₹6 / 7
TTM EPS
₹-1.2
TTM Sales
₹3.9 Cr.
Book Value per Share
₹10.1
P/E Ratio
0.00
Industry PE
22.2
Price to Book (P/B)
0.62
Lower than its 5-year historical median
Price to Sales (P/S)
1.89
Lower than its 5-year historical median
EV/EBITDA
-15.77
Higher than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-10.26%
Underperforms industry median
Return on Capital Employed (ROCE)
-5.51%
Underperforms industry median
Return on Assets (ROA)
-5.33%
Operating Profit Margin
-31.2%
Net Profit Margin
-35.14%
Gross Profit Margin
-30.7%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-15.98%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
50.06%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
-
Equity
₹11.7 Cr.
Face Value
₹10
All Time Low / High
₹0.50 / 85.25

Ajel stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is Ajel Ltd a good quality company?
Ajel Ltd is a quality company, based on a 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 Ajel Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Ajel Ltd vs industry peers?
Ajel Ltd revenue CAGR is 10.42%, 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 Ajel Ltd?
Promoters hold 50.06% of the Ajel Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Ajel Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 2.3% 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.
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

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
ROCE % 1.7%0.4%-1.3%12.3%-2.2%-2%-0.5%0.3%-6.7%-5.5%-
Value Creation
Index
-0.9-1.0-1.1-0.1-1.2-1.1-1.0-1.0-1.5-1.4-

Growth Parameters

Sales 6.26.43.73.22.41.92.23.24.63.94
Sales YoY Gr.-3.7%-42.5%-13.2%-26.2%-18.1%12.9%45.2%45.6%-16%-
Adj EPS 0.20.1-0.2-0.3-0.3-0.2-0.1-0.2-1.5-1.3-1.2
YoY Gr.--72.2%-440%NANANANANANANA-
BVPS (₹) 10.710.710.612.11212.112.412.611.910.910.1
Adj Net
Profit
0.20.1-0.2-0.4-0.3-0.3-0.2-0.2-1.8-1.5-1
Cash Flow from Ops. 00.40-1.4-0.5-0.2-0.2-0.8-1.3-1.1-
Debt/CF from Ops. 06.891.9-1.3-4.5-9-11.9-3.4-6.4-8.4-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -5.1%10.4%21.1%-16%
Adj EPS -224.4%NANANA
BVPS0.2%-2%-4.2%-8.8%
Share Price 2.3% 16.8% -7.8% -6.8%

Key Financial Parameters

Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25TTM
Return on
Equity %
1.70.5-1.6-2.8-2.2-1.9-1-1.5-12.6-11.3-11.2
Op. Profit
Mgn %
6.81.2-3.6-20-8.6-8.3-4.3-8.8-30.1-31.2-25.3
Net Profit
Mgn %
3.41-5.3-11.3-13.2-13.8-6.7-6.7-38.9-38.5-35.1
Debt to
Equity
0.20.20.20.10.10.20.20.20.60.70.4
Working Cap
Days
5725579591,1531,6472,0481,8381,3441,0671,401454
Cash Conv.
Cycle
39519761262605839764480345364192

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Sales6.206.433.703.212.371.942.193.184.633.89
Operating Expenses > + 5.836.353.833.852.592.112.293.466.025.10
Manufacturing Costs0000.010.0100000.01
Material Costs0000000000
Employee Cost 5.665.763.412.732.211.752.010.631.390.93
Other Costs > 0.160.590.431.110.370.350.282.824.624.16
Operating Profit > 0.370.08-0.13-0.64-0.22-0.16-0.09-0.28-1.39-1.21
Operating Profit Margin (%) 6.0%1.2%-3.6%-20.0%-9.3%-8.3%-4.3%-8.9%-30.1%-31.2%
Other Income > + 00.0702.6600000.190.19
Exceptional Items > 000-0.05-0.02-0.050.110.4000
Interest > 0000.0100000.430.17
Depreciation > 0.120.080.060.080.110.100.100.070.120.18
Profit Before Tax > 0.250.06-0.191.87-0.35-0.32-0.090.05-1.75-1.38
Tax > 0.07000.41-0.01-0.02-0.02-0.020.03-0.01
Profit After Tax 0.170.06-0.201.46-0.34-0.30-0.070.07-1.78-1.37
PAT Margin (%) 2.8%1.0%-5.3%45.5%-14.3%-15.6%-3.2%2.1%-38.4%-35.1%
Adjusted EPS (₹)0.20.1-0.21.3-0.3-0.3-0.10.1-1.5-1.2
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of Ajel - 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 + 12.4412.5012.3114.1214.0214.0614.4314.6913.9112.69
Share Capital 11.6511.6511.6511.6511.6511.6511.6511.6511.6511.65
Reserves 0.790.850.662.472.372.412.783.042.261.04
Debt +2.262.402.361.852.012.182.402.838.189.04
Long Term Debt02.262.361.832.012.182.402.833.144.12
Short Term Debt2.260.1400.0200005.054.93
Minority Interest0000000000
Trade Payables0.490.010.120.160.180.220.140.330.610.68
Others Liabilities 3.513.533.633.423.433.423.453.412.913.24
Total Liabilities 18.6918.4418.4119.5419.6419.8820.4121.2625.6125.65

Fixed Assets

Net Fixed Assets +1.251.171.111.070.960.860.760.711.471.29
Gross Block2.832.832.832.882.882.882.882.893.403.40
Accumulated Depreciation1.581.661.721.801.912.022.112.181.942.12
CWIP 000000001.091.09
Investments 7.157.157.157.727.627.968.398.168.208.20
Inventories0000000000
Trade Receivables7.5001.373.554.664.694.865.605.966.20
Cash Equivalents 0.370.400.430.200.190.120.130.130.080.02
Others Assets 2.429.728.3676.216.266.276.668.828.84
Total Assets 18.6918.4418.4119.5419.6419.8820.4121.2625.6125.65

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Cash Flow From Operating Activity + 00.350.03-1.41-0.45-0.24-0.20-0.84-1.28-1.08
PBT 00.06-0.191.92-0.33-0.27-0.20-0.35-1.75-1.38
Adjustment 00.080.06-2.490.110.100.100.070.020.18
Changes in Working Capital 00.210.16-0.39-0.21-0.03-0.22-0.960.45-0.02
Tax Paid 0000000000
Cash Flow From Investing Activity + 00-02.310.350-00.41-4.140.16
Capex 00-0-0.1300-0-0.01-0.510
Net Investments 000-0.220.35000.430.130
Others 0002.66000-0-3.760.16
Cash Flow From Financing Activity + 0-0.330-1.120.080.170.220.435.360.86
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 000.10-0.530.180.170.220.435.360.98
Interest Paid 0000000000
Dividend Paid 0000000000
Others 0-0.33-0.10-0.60-0.090000-0.12
Net Cash Flow 00.030.03-0.23-0.01-0.070.010-0.06-0.06

Financial Ratio

PARTICULARSMar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25
Ratios
ROE (%)1.40.5-1.5811.04-2.41-2.16-0.490.45-12.43-10.26
ROCE (%)1.690.43-1.312.26-2.19-1.96-0.50.31-6.67-5.51
Asset Turnover Ratio0.330.350.20.170.120.10.110.150.20.15
PAT to CFO Conversion(x)05.83N/A-0.97N/AN/AN/A-12N/AN/A
Working Capital Days
Receivable Days426.100134.70279.50631.10877.50795.50601.20456.20571.50
Inventory Days0000000000
Payable Days0000000000

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

Ajel Ltd FAQs

The current trading price of Ajel on 30-Jun-2025 16:59 is ₹6.29.

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 29-Jun-2025 the market cap of Ajel stood at ₹7.33 Cr

The latest P/E ratio of Ajel as of 29-Jun-2025 is 0.00.

The latest P/B ratio of Ajel as of 29-Jun-2025 is 0.62.

The 52-week high of Ajel is ₹6.93 and the 52-week low is ₹6.05.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ajel is ₹3.88 ( Cr.) .

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

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

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.

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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MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

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