Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 3.03 | 3.70 | 3.67 | 4.48 | 5.89 | 3.43 | 3.36 | 2.61 | 10.54 | 3.51 | 19.80 | 2.98 |
| Expenses | 2.39 | 3.03 | 3.39 | 3.78 | 4.66 | 2.82 | 4.16 | 2.15 | 9.86 | 2.92 | 20.22 | 2.42 |
| Operating Profit | 0.64 | 0.67 | 0.28 | 0.70 | 1.23 | 0.61 | -0.80 | 0.46 | 0.68 | 0.59 | -0.42 | 0.56 |
| OPM % | 21.12% | 18.11% | 7.63% | 15.62% | 20.88% | 17.78% | -23.81% | 17.62% | 6.45% | 16.81% | -2.12% | 18.79% |
| Other Income | 0.03 | 0.04 | 0.06 | 0.05 | 0.05 | 0.05 | 0.07 | 0.07 | 0.06 | 0.05 | 0.05 | 0.02 |
| Interest | 0.19 | 0.21 | 0.13 | 0.18 | 0.21 | 0.21 | 0.20 | 0.19 | 0.24 | 0.19 | 0.18 | 0.19 |
| Depreciation | 0.10 | 0.10 | 0.10 | 0.10 | 0.09 | 0.09 | 0.10 | 0.09 | 0.09 | 0.09 | 0.09 | 0.09 |
| Profit before tax | 0.38 | 0.40 | 0.11 | 0.47 | 0.98 | 0.36 | -1.03 | 0.25 | 0.41 | 0.36 | -0.64 | 0.30 |
| Tax % | 21.05% | 25.00% | 9.09% | 25.53% | 25.51% | 25.00% | -23.30% | 24.00% | 24.39% | 25.00% | -20.31% | 23.33% |
| Net Profit | 0.31 | 0.30 | 0.10 | 0.35 | 0.73 | 0.27 | -0.77 | 0.19 | 0.31 | 0.26 | -0.52 | 0.22 |
| EPS in Rs | 0.05 | 0.05 | 0.02 | 0.06 | 0.12 | 0.04 | -0.13 | 0.03 | 0.05 | 0.04 | -0.08 | 0.03 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 8.17 | 9.23 | 8.25 | 33.16 | 27.90 | 48.00 | 41.64 | 8.60 | 16.07 | 16.70 | 36.39 | 36.83 |
| Expenses | 5.17 | 6.22 | 5.58 | 30.93 | 28.11 | 46.08 | 38.03 | 6.68 | 13.27 | 14.84 | 34.99 | 35.42 |
| Operating Profit | 3.00 | 3.01 | 2.67 | 2.23 | -0.21 | 1.92 | 3.61 | 1.92 | 2.80 | 1.86 | 1.40 | 1.41 |
| OPM % | 36.72% | 32.61% | 32.36% | 6.72% | -0.75% | 4.00% | 8.67% | 22.33% | 17.42% | 11.14% | 3.85% | 3.83% |
| Other Income | -0.21 | 0.05 | 0.04 | 0.13 | 0.33 | 0.96 | 0.05 | 0.00 | 0.01 | 0.01 | 0.05 | 0.18 |
| Interest | 2.37 | 1.86 | 1.51 | 1.90 | 1.23 | 0.92 | 0.59 | 0.76 | 0.73 | 0.71 | 0.71 | 0.80 |
| Depreciation | 0.31 | 0.28 | 0.24 | 0.41 | 0.40 | 0.40 | 0.37 | 0.38 | 0.39 | 0.37 | 0.37 | 0.36 |
| Profit before tax | 0.11 | 0.92 | 0.96 | 0.05 | -1.51 | 1.56 | 2.70 | 0.78 | 1.69 | 0.79 | 0.37 | 0.43 |
| Tax % | 109.09% | 33.70% | 22.92% | 0.00% | 1.32% | 0.00% | 18.89% | 26.92% | 23.08% | 27.85% | 32.43% | |
| Net Profit | -0.01 | 0.61 | 0.74 | 0.02 | -1.54 | 1.56 | 2.18 | 0.57 | 1.25 | 0.57 | 0.25 | 0.27 |
| EPS in Rs | 0.01 | 0.10 | 0.12 | 0.00 | -0.25 | 0.25 | 0.36 | 0.09 | 0.20 | 0.09 | 0.04 | 0.04 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 16% | -5% | 62% | 141% | ||
| Compounded Profit Growth | 13% | -20% | -27% | -38% | ||
| Stock Price CAGR | 10% | 12% | 26% | -44% | ||
| Return on Equity | 2% | 4% | 3% | 1% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 | 6.12 |
| Reserves | 11.44 | 11.48 | 12.08 | 12.78 | 12.76 | 11.21 | 12.77 | 14.95 | 15.58 | 16.83 | 19.02 | 19.25 |
| Borrowings | 32.66 | 19.31 | 16.90 | 19.90 | 18.28 | 19.06 | 12.39 | 9.72 | 10.82 | 10.06 | 8.76 | 9.27 |
| Other Liabilities | 4.71 | 3.16 | 3.28 | 4.70 | 4.31 | 4.15 | 5.12 | 4.08 | 5.22 | 5.29 | 4.87 | 6.01 |
| Total Liabilities | 54.93 | 40.07 | 38.38 | 43.50 | 41.47 | 40.54 | 36.40 | 34.87 | 37.74 | 38.30 | 38.77 | 40.65 |
| Fixed Assets | 1.85 | 1.80 | 1.72 | 1.51 | 2.14 | 1.77 | 1.77 | 1.58 | 2.54 | 2.23 | 2.18 | 1.95 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.75 | 1.52 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 | 1.42 | 1.09 |
| Other Assets | 52.33 | 36.75 | 35.24 | 40.57 | 37.91 | 37.35 | 33.21 | 31.87 | 33.78 | 34.65 | 35.17 | 37.61 |
| Total Assets | 54.93 | 40.07 | 38.38 | 43.50 | 41.47 | 40.54 | 36.40 | 34.87 | 37.74 | 38.30 | 38.77 | 40.65 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | -11.62 | 13.89 | 3.57 | 11.66 | 1.79 | -0.72 | 8.48 | 3.08 | -0.94 | -0.15 | -1.12 | -0.58 |
| Cash from Investing Activity | 0.01 | -1.13 | 0.26 | -13.70 | -0.11 | -0.04 | -0.40 | -0.18 | -0.24 | -0.08 | -0.32 | 0.18 |
| Cash from Financing Activity | 12.47 | -14.05 | -3.11 | 2.48 | -2.94 | 0.79 | -6.68 | -2.67 | 1.10 | -0.77 | 1.59 | 0.51 |
| Net Cash Flow | 0.85 | -1.29 | 0.73 | 0.43 | -1.27 | 0.03 | 1.41 | 0.23 | -0.08 | -1.00 | 0.15 | 0.10 |
| Free Cash Flow | -11.69 | 13.42 | 3.41 | 11.64 | 1.68 | -0.76 | 8.08 | 2.90 | -1.18 | -0.23 | -1.44 | -0.73 |
| CFO/OP | -273% | 477% | 141% | 444% | 81% | 338% | 444% | 99% | -39% | 9% | -49% | -35% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 131.25 | 75.50 | 59.71 | 42.03 | 13.43 | 26.56 | 7.38 | 1.93 | 50.93 | 13.40 | 13.55 | 6.62 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 131.25 | 75.50 | 59.71 | 42.03 | 13.43 | 26.56 | 7.38 | 1.93 | 50.93 | 13.40 | 13.55 | 6.62 |
| Working Capital Days | 485.95 | 545.04 | 494.71 | 596.83 | 88.17 | 77.58 | 67.14 | 91.86 | 437.58 | 300.72 | 333.96 | 152.96 |
| ROCE % | 8.09% | 5.98% | 7.30% | 6.44% | 4.97% | -0.73% | 4.39% | 10.06% | 4.65% | 7.06% | 4.29% | 2.93% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 67.47% | 67.04% | 66.74% | 66.25% | 65.84% | 65.84% | 65.84% | 65.85% | 65.85% | 65.85% | 65.84% | 65.84% |
| DIIs | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% | 0.85% |
| Public | 31.67% | 32.09% | 32.40% | 32.89% | 33.30% | 33.30% | 33.30% | 33.29% | 33.31% | 33.29% | 33.30% | 33.30% |
| No. of Shareholders | 2,460 | 2,549 | 2,613 | 2,648 | 2,850 | 2,985 | 2,807 | 5,272 | 5,176 | 5,077 | 5,085 | 5,004 |
Fundamentals
Market Cap₹ 33.4 Cr.
Current Price₹ 5.46
Stock P/E134
Book Value₹ 4.15
ROCE2.93 %
ROE0.84 %
Dividend Yield0.00 %
Face Value₹ 1.00
Compounded Sales Growth (TTM)141%
Compounded Profit Growth (TTM)-38%
Consolidated figures.
Valuation
Market capRs 34 Cr
Enterprise valueRs 42 Cr
P/E (TTM)137.98x
Price to book1.36x
Price to sales0.94x
EV / EBITDA26.46x
EV / EBIT34.21x
EV / sales1.14x
Earnings yield0.72%
P/E, 3-year average52.68x
P/B, 3-year average0.54x
P/E, 5-year average32.45x
P/B, 5-year average0.36x
Profitability
Operating margin (excl. other income)3.85%
Operating margin (incl. other income)3.98%
EBITDA margin4.32%
Pre-tax margin1.17%
Net profit margin0.68%
Net margin, latest quarter7.05%
ROE0.91%
ROCE3.15%
ROA0.58%
ROE, 3-year average2.92%
ROCE, 3-year average5.01%
ROA, 3-year average1.76%
ROE, 5-year average4.45%
ROCE, 5-year average6.10%
ROA, 5-year average2.58%
ROIC (approx.)2.52%
Tax rate32.43%
Other income / net worth0.20%
Growth
Sales growth (latest year)117.90%
Profit growth (latest year)-57.41%
Sales CAGR, 3 years61.74%
Sales CAGR, 5 years-5.39%
Profit CAGR, 3 years-25.22%
Profit CAGR, 5 years-31.81%
Sales growth QoQ-84.95%
Sales growth YoY (latest quarter)14.18%
Profit growth YoY (latest quarter)10.53%
Per share
EPS (TTM)Rs 0.04
EPS (latest year)Rs 0.04
EPS (latest quarter)Rs 0.03
EPS, 3-year averageRs 0.99
EPS, 5-year averageRs 1.49
Book value per shareRs 4.15
Sales per shareRs 6.02
Cash flow per shareRs -0.09
Free cash flow per shareRs -0.12
Efficiency
Asset turnover0.90x
Fixed asset turnover18.66x
Inventory turnover1.92x
Inventory days190 days
Debtor days7 days
Debtors turnover55.14x
Cash conversion cycle7 days
Working capital days153 days
Leverage
Total debtRs 9 Cr
Cash and bankRs 2 Cr
Net debtRs 8 Cr
Debt to equity0.37x
Net debt / EBITDA4.77x
Interest coverage1.54x
Owners' fund to total sources62.41%
Debt to assets22.80%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs 0 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs -0 Cr
Cash from ops / profit, 5 years0.06x
Statement figures
Net sales (TTM)Rs 37 Cr
Net sales (latest year)Rs 36 Cr
Sales (latest quarter)Rs 3 Cr
Operating profit excl. other income (latest year)Rs 1 Cr
Operating profit (latest quarter)Rs 1 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 2 Cr
PBDT (TTM)Rs 1 Cr
Profit before tax (TTM)Rs 0 Cr
Tax (latest year)Rs 0 Cr
Net profit (TTM)Rs 0 Cr
Net profit (latest year)Rs 0 Cr
Net profit (latest quarter)Rs 0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 28 Cr
Total expenditure (latest year)Rs 35 Cr
Total income (latest year)Rs 36 Cr
Share capitalRs 6 Cr
ReservesRs 19 Cr
Shareholders' fundsRs 25 Cr
Total assetsRs 41 Cr
Net blockRs 2 Cr
InvestmentsRs 1 Cr
ReceivablesRs 1 Cr
InventoryRs 15 Cr
Other liabilitiesRs 6 Cr
Shares outstanding (crore)6.12
Ownership
Promoter holding65.84% (-0.01 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 138.0 is at the 89th percentile of its own 6.9-year range
(median 27.1, low 7.6, high 171.2).
P/B 1.36 is at the 77th percentile (median 1.01).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 511692 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | -5.7% | -2.8% | -2.9 pts |
| 1 month | -2.9% | -6.8% | +3.9 pts |
| 3 months | -6.0% | -7.6% | +1.6 pts |
| 3 years | +97.2% | +14.2% | +83.0 pts |
| 5 years | +63.5% | +27.9% | +35.6 pts |
Red flags
F-score 3 of 8| explain | Weak cash conversion Cash from operations was -92% of net profit over the last 3 years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹3 Cr +14.2% vs Jun 2025.
Net profit ₹0 Cr +15.8%.
Activity
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Ajcon Global Services Ltd?
Ajcon Global Services Ltd (511692) has a market capitalisation of Rs 33.4 Cr. at the 2026-10-01 close.
What is the P/E ratio of Ajcon Global Services Ltd?
Ajcon Global Services Ltd trades at a P/E of 134 on trailing twelve-month profit, at the 2026-10-01 close.
What were Ajcon Global Services Ltd's latest quarterly results?
In the Jun 2026 quarter, Ajcon Global Services Ltd sales was Rs 3 Cr (+14.2% vs Jun 2025) and net profit was Rs 0 Cr.