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 | 13 | 17 | 18 | 15 | 20 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Expenses | 8 | 26 | 15 | 12 | 25 | -8 | 38 | 10 | 4 | 3 | 4 | 2 |
| Operating Profit | 5 | -9 | 3 | 4 | -5 | 8 | -38 | -10 | -4 | -3 | -4 | -2 |
| OPM % | 40% | -52% | 16% | 23% | -26% | |||||||
| Other Income | 5 | 7 | 65 | 10 | 815 | -7 | 3 | 1,113 | 7 | 3 | 11 | -16 |
| Interest | 79 | 81 | 44 | 77 | 74 | 36 | 24 | 1 | 1 | 1 | 1 | 1 |
| Depreciation | 13 | 13 | 0 | 10 | 9 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit before tax | -81 | -96 | 23 | -72 | 727 | -36 | -59 | 1,102 | 3 | -1 | 7 | -19 |
| Tax % | 1% | 1% | -5% | -6% | 3% | -0% | 3% | -0% | 0% | 0% | 0% | 0% |
| Net Profit | -82 | -96 | 25 | -68 | 707 | -36 | -61 | 1,103 | 3 | -1 | 7 | -19 |
| EPS in Rs | -0.76 | -0.91 | 0.38 | -0.59 | 7.60 | -0.38 | -0.64 | 11.71 | 0.03 | -0.01 | 0.07 | -0.20 |
| Mar 2016 18m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 1,577 | 663 | 625 | 497 | 368 | 242 | 178 | 91 | 61 | 35 | 0 | 0 |
| Expenses | 996 | 423 | 380 | 298 | 179 | 155 | 102 | 101 | 55 | 51 | 20 | 12 |
| Operating Profit | 581 | 240 | 245 | 199 | 189 | 87 | 76 | -10 | 6 | -16 | -20 | -12 |
| OPM % | 37% | 36% | 39% | 40% | 51% | 36% | 43% | -11% | 11% | -46% | ||
| Other Income | -7 | 25 | 13 | 6 | 347 | 12 | -695 | -1,260 | 81 | 802 | 1,135 | 6 |
| Interest | 644 | 309 | 340 | 361 | 383 | 255 | 261 | 281 | 279 | 211 | 4 | 4 |
| Depreciation | 100 | 50 | 87 | 109 | 126 | 89 | 71 | 51 | 38 | 18 | 0 | 0 |
| Profit before tax | -170 | -94 | -170 | -265 | 27 | -245 | -951 | -1,601 | -229 | 557 | 1,111 | -10 |
| Tax % | 24% | 29% | 9% | -21% | 46% | 13% | 1% | 0% | 1% | 3% | -0% | |
| Net Profit | -204 | -122 | -186 | -210 | 15 | -277 | -957 | -1,605 | -231 | 541 | 1,111 | -11 |
| EPS in Rs | -2.18 | -1.10 | -1.55 | -1.65 | 0.71 | -2.48 | -9.80 | -16.62 | -2.00 | 5.96 | 11.80 | -0.11 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | % | % | % | -100% | ||
| Compounded Profit Growth | 7% | 15% | 26% | 105% | ||
| Stock Price CAGR | -17% | -14% | 0% | % | ||
| Return on Equity | % | % | % | % |
| Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 188 | 189 | 189 | 189 | 189 | 189 | 189 | 189 | 189 | 189 | 189 | 189 |
| Reserves | 763 | 568 | 464 | 319 | 165 | 232 | -1 | -924 | -2,528 | -2,716 | -2,155 | -1,044 |
| Borrowings | 3,907 | 2,513 | 2,675 | 3,142 | 1,636 | 518 | 615 | 20 | 174 | 207 | 6 | 8 |
| Other Liabilities | 4,697 | 1,453 | 1,554 | 1,964 | 2,852 | 2,936 | 2,969 | 3,198 | 3,470 | 3,356 | 2,175 | 1,020 |
| Total Liabilities | 9,555 | 4,724 | 4,883 | 5,614 | 4,843 | 3,875 | 3,772 | 2,483 | 1,305 | 1,037 | 215 | 173 |
| Fixed Assets | 6,229 | 2,242 | 2,197 | 2,869 | 2,076 | 1,151 | 1,067 | 722 | 565 | 489 | 20 | 20 |
| CWIP | 2,653 | 585 | 809 | 1,009 | 1,025 | 1,077 | 1,075 | 159 | 67 | 67 | 0 | 0 |
| Investments | 34 | 86 | 184 | 45 | 45 | 490 | 490 | 602 | 319 | 114 | 45 | 86 |
| Other Assets | 639 | 1,811 | 1,693 | 1,690 | 1,697 | 1,157 | 1,140 | 1,000 | 354 | 366 | 151 | 68 |
| Total Assets | 9,555 | 4,724 | 4,883 | 5,614 | 4,843 | 3,875 | 3,772 | 2,483 | 1,305 | 1,037 | 215 | 173 |
| Sep 2014 | 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 | 416 | 256 | 416 | 374 | 278 | 363 | 100 | 53 | 79 | 28 | -78 | -34 |
| Cash from Investing Activity | -382 | 118 | -441 | -48 | -60 | -20 | 8 | 18 | -26 | -25 | 116 | 33 |
| Cash from Financing Activity | -71 | -349 | -21 | -306 | -257 | -347 | -97 | -87 | -51 | -6 | -39 | 1 |
| Net Cash Flow | -37 | 25 | -46 | 20 | -39 | -4 | 11 | -16 | 2 | -2 | -1 | 0 |
| Free Cash Flow | 416 | 19 | 133 | 212 | 251 | 359 | 95 | 54 | 80 | 27 | -78 | -34 |
| CFO/OP | 123% | 47% | 175% | 160% | 146% | 196% | 118% | 71% | -820% | 468% | 494% | 164% |
| Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 13 | 15 | 197 | 108 | 192 | 62 | 82 | 97 | 182 | 220 | 217 | |
| Inventory Days | 112 | 7 | 360 | |||||||||
| Days Payable | 4,095 | 6,010 | 951 | |||||||||
| Cash Conversion Cycle | 13 | 15 | 197 | 108 | 192 | 62 | -3,901 | -5,905 | -409 | 220 | 217 | |
| Working Capital Days | -479 | -87 | 32 | -514 | -1,483 | -2,463 | -4,054 | -6,477 | -14,211 | -21,341 | -22,007 | |
| ROCE % | 13% | 6% | 5% | 4% | 6% | 1% |
| 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 | 20.60% | 20.60% | 20.60% | 10.72% | 10.72% | 10.72% | 10.72% | 10.72% | 10.72% | 10.72% | 10.72% | 10.72% |
| FIIs | 10.21% | 10.21% | 10.21% | 10.21% | 10.21% | 1.09% | 1.09% | 1.09% | 1.09% | 1.09% | 1.09% | 1.09% |
| DIIs | 7.18% | 7.18% | 7.18% | 17.05% | 17.05% | 17.05% | 17.05% | 17.05% | 17.05% | 17.05% | 7.18% | 7.18% |
| Public | 62.01% | 62.01% | 62.01% | 62.02% | 62.02% | 71.14% | 71.14% | 71.14% | 71.13% | 71.14% | 81.01% | 81.01% |
| No. of Shareholders | 1,19,247 | 1,19,130 | 1,19,117 | 1,19,094 | 1,19,089 | 1,19,079 | 1,19,040 | 1,19,021 | 1,19,015 | 1,19,010 | 1,18,998 | 1,18,986 |
Fundamentals
Market Cap₹ 65.9 Cr.
Current Price₹ 0.70
Stock P/E7.95
Book Value₹ -9.07
ROCE%
ROE%
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)-100%
Compounded Profit Growth (TTM)105%
Consolidated figures.
Valuation
Market capRs 66 Cr
Enterprise valueRs 67 Cr
Price to book-0.08x
Earnings yield-15.97%
P/E, 3-year average0.09x
P/B, 3-year average-0.05x
P/E, 5-year average0.09x
P/B, 5-year average-0.08x
Profitability
ROE-78.78%
ROA571.82%
ROE, 3-year average-32.01%
ROA, 3-year average215.14%
ROE, 5-year average68.68%
ROCE, 5-year average-1563.72%
ROA, 5-year average106.65%
Tax rate-0.03%
Other income / net worth-132.74%
Growth
Profit growth (latest year)98.01%
Profit growth QoQ-371.41%
Profit growth YoY (latest quarter)-101.71%
Per share
EPS (TTM)Rs -0.11
EPS (latest year)Rs 11.79
EPS (latest quarter)Rs -0.20
EPS, 3-year averageRs 5.25
EPS, 5-year averageRs -2.13
Book value per shareRs -9.07
Cash flow per shareRs -0.36
Free cash flow per shareRs -0.36
Efficiency
Creditor days951 days
Cash conversion cycle217 days
Working capital days-22007 days
Leverage
Total debtRs 8 Cr
Cash and bankRs 7 Cr
Net debtRs 2 Cr
Debt to equity-0.01x
Interest coverage-1.72x
Owners' fund to total sources-492.96%
Debt to assets4.71%
Cash flow
Cash from Operating Activity (latest year)Rs -34 Cr
Cash from Investing Activity (latest year)Rs 33 Cr
Cash from Financing Activity (latest year)Rs 1 Cr
Net Cash Flow (latest year)Rs 0 Cr
Free cash flow (latest year)Rs -34 Cr
FCFE (approx.: FCF + change in debt)Rs -32 Cr
Statement figures
Operating profit (latest quarter)Rs -2 Cr
Other income (TTM)Rs 6 Cr
EBITDA (TTM)Rs -7 Cr
PBDT (TTM)Rs -10 Cr
Profit before tax (TTM)Rs -10 Cr
Tax (latest year)Rs -0 Cr
Net profit (TTM)Rs -11 Cr
Net profit (latest year)Rs 1,111 Cr
Net profit (latest quarter)Rs -19 Cr
Depreciation (TTM)Rs 0 Cr
Interest (TTM)Rs 4 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total income (latest year)Rs 1,135 Cr
Share capitalRs 189 Cr
ReservesRs -1,044 Cr
Shareholders' fundsRs -855 Cr
Total assetsRs 173 Cr
Net blockRs 20 Cr
InvestmentsRs 86 Cr
ReceivablesRs 18 Cr
Other liabilitiesRs 1,020 Cr
Shares outstanding (crore)94.20
Ownership
Promoter holding10.72% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
Not enough history to build valuation bands (needs two years of profits and prices).
| Period | AJRINFRA | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +0.0% | -2.8% | +2.8 pts |
| 1 month | +0.0% | -6.8% | +6.8 pts |
| 3 months | -48.1% | -7.6% | -40.5 pts |
| 6 months | -53.3% | +0.4% | -53.7 pts |
| 1 year | -69.6% | -9.9% | -59.6 pts |
| 2 years | +0.0% | -13.6% | +13.6 pts |
| 3 years | +16.7% | +14.2% | +2.5 pts |
| 5 years | +7.7% | +27.9% | -20.2 pts |
Red flags
F-score 3 of 6| serious | Negative equity Shareholders' equity is negative |
| explain | Weak cash conversion Cash from operations was -6% of net profit over the last 3 years |
| explain | High accruals Profit exceeded operating cash by 660% of total assets in 2026 |
| look | Profit leans on other income Other income was 102% of pre-tax profit in 2026 |
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 ₹0 Cr.
Net loss ₹19 Cr.
Activity
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| Larsen & Toubro Ltd | 515,837 | 29.3 | 14.6 % |
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| Cemindia Projects Ltd | 21,015 | 34.9 | 32.8 % |
| IRB Infrastructure Developers Ltd | 20,508 | 20.8 | 7.47 % |
| Engineers India Ltd | 17,435 | 22.2 | 30.4 % |
| Central Mine Planning & Design Institute Ltd | 15,217 | 23.3 | 38.1 % |
| Techno Electric & Engineering Company Ltd | 11,748 | 22.8 | 15.2 % |
| Welspun Enterprises Ltd | 10,302 | 29.1 | 16.7 % |
| KEC International Ltd | 10,072 | 16.8 | 16.5 % |
| Ircon International Ltd | 9,637 | 18.4 | 9.27 % |
| Rites Ltd | 9,242 | 22.1 | 23.0 % |
| Afcons Infrastructure Ltd | 9,014 | 44.0 | 13.9 % |
| NCC Ltd | 8,053 | 11.2 | 16.8 % |
No bulk or block deals on record.
| Ex-date | Action | Factor |
|---|---|---|
| 2016-09-28 | Annual General Meeting | |
| 2015-03-27 | Annual General Meeting | |
| 2014-06-26 | Annual General Meeting | |
| 2013-09-18 | Annual General Meeting | |
| 2013-01-23 | Bonus 1:34 | 0.9714 |
| 2012-09-21 | Annual General Meeting | |
| 2011-09-22 | Annual General Meeting | |
| 2010-09-23 | Annual General Meeting | |
| 2009-10-26 | Fv Split Rs.10/- To Rs.2/ | 0.2000 |
| 2009-09-18 | Annual General Meeting | |
| 2008-09-11 | Annual General Meeting |
| Date | Type | What it says |
|---|---|---|
| 2026-09-30 | Shareholder meeting | Voting results. |
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.
| Order date | Forum | Case |
|---|---|---|
| 2021-04-19 | NCLAT | Gammon Infrastructure Projects Ltd VS AF Consult India Pvt Ltd & Anr |
| 2020-12-16 | NCLAT | Gammon Infrastructure Projects Ltd VS AF Consult India Pvt Ltd & Anr |
| 2020-11-10 | NCLAT | Gammon Infrastructure Projects Ltd VS AF Consult India Pvt Ltd & Anr |
| 2020-09-28 | NCLAT | Gammon Infrastructure Projects Ltd VS AF Consult India Pvt Ltd & Anr |
Orders from NCLT, NCLAT and CESTAT naming the company. Click a row for the order.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of AJR Infra & Tolling Ltd?
AJR Infra & Tolling Ltd (AJRINFRA) has a market capitalisation of Rs 65.9 Cr. at the 2023-10-03 close.
What is the P/E ratio of AJR Infra & Tolling Ltd?
AJR Infra & Tolling Ltd trades at a P/E of 7.95 on trailing twelve-month profit, at the 2023-10-03 close.
What were AJR Infra & Tolling Ltd's latest quarterly results?
In the Jun 2026 quarter, AJR Infra & Tolling Ltd sales was Rs 0 Cr with a net loss of Rs 19 Cr.