Ajel Limited provides IT consulting and software development services in the United States and India.
Fair value with mediocre balance sheet.
Share Price & News
How has Ajel's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 530713 has not had significant price volatility in the past 3 months.
7 Day Return
1 Year Return
Return vs Industry: 530713 underperformed the Indian IT industry which returned 8.6% over the past year.
Return vs Market: 530713 underperformed the Indian Market which returned 10% over the past year.
Price Volatility Vs. Market
How volatile is Ajel's share price compared to the market and industry in the last 5 years?
Simply Wall St News
No news available
Is Ajel undervalued compared to its fair value and its price relative to the market?
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 530713's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 530713's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 530713 is good value based on its PE Ratio (4x) compared to the IT industry average (10.8x).
PE vs Market: 530713 is good value based on its PE Ratio (4x) compared to the Indian market (13.3x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 530713's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 530713 is good value based on its PB Ratio (0.3x) compared to the IN IT industry average (0.9x).
How is Ajel forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Ajel has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
- Examine whether Ajel is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.
- Ajel competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
How has Ajel performed over the past 5 years?
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 530713 has a large one-off gain of ₹28.3M impacting its December 31 2019 financial results.
Growing Profit Margin: 530713 became profitable in the past.
Past Earnings Growth Analysis
Earnings Trend: 530713 has become profitable over the past 5 years, growing earnings by 0.5% per year.
Accelerating Growth: 530713 has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: 530713 has become profitable in the last year, making it difficult to compare its past year earnings growth to the IT industry (7.2%).
Return on Equity
High ROE: 530713's Return on Equity (8.4%) is considered low.
Return on Assets
Return on Capital Employed
How is Ajel's financial position?
Financial Position Analysis
Short Term Liabilities: 530713's short term assets (₹61.5M) exceed its short term liabilities (₹13.9M).
Long Term Liabilities: 530713's short term assets (₹61.5M) do not cover its long term liabilities (₹74.8M).
Debt to Equity History and Analysis
Debt Level: 530713's debt to equity ratio (36%) is considered satisfactory.
Reducing Debt: 530713's debt to equity ratio has reduced from 49.9% to 36% over the past 5 years.
Inventory Level: 530713 has a low level of unsold assets or inventory.
Debt Coverage by Assets: 530713's debt is covered by short term assets (assets are 1.3x debt).
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 530713 is profitable, therefore cash runway is not a concern.
Forecast Cash Runway: Insufficient data to determine if 530713 has enough cash runway if its free cash flow continues to grow or shrink based on historical rates.
What is Ajel's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 530713's dividend yield against the bottom 25% of dividend payers, as the company has not reported any payouts.
High Dividend: Unable to evaluate 530713's dividend yield against the top 25% of dividend payers, as the company has not reported any payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 530713's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 530713's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: Insufficient data to calculate payout ratio to determine if its dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 530713's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
How experienced are the management team and are they aligned to shareholders interests?
Average board tenure
Srinivasa Arikatla (50yo)
Mr. Srinivasa Reddy Arikatla serves as Managing Director of Ajel Infotech Ltd. since October 1, 2008 and its Chairman since August 29, 2012. Mr. Arikatla served as Vice Chairman of Ajel Infotech Ltd. from ...
|Chairman & MD||11.3yrs||no data||35.93% ₹16.3m|
|Whole Time Executive Director||3.4yrs||no data||no data|
|Non Executive Director||3.6yrs||no data||no data|
|Additional Independent Director||1.1yrs||no data||no data|
|Additional Independent Director||0.8yrs||no data||no data|
|Additional Independent Director||0.5yrs||no data||no data|
|Independent Director||0.3yrs||no data||7.74% ₹3.5m|
|Independent Director||0.3yrs||no data||no data|
Experienced Board: 530713's board of directors are not considered experienced ( 1 years average tenure), which suggests a new board.
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Ajel Limited's company bio, employee growth, exchange listings and data sources
- Name: Ajel Limited
- Ticker: 530713
- Exchange: BSE
- Founded: 1994
- Industry: IT Consulting and Other Services
- Sector: Software
- Market Cap: ₹45.319m
- Shares outstanding: 11.65m
- Website: https://null
- Ajel Limited
- 804, Manjeera Majestic Corporate
- JNTU-Hitech City Road
- Andhra Pradesh
|Ticker||Exchange||Primary Security||Security Type||Country||Currency||Listed on|
|530713||BSE (Mumbai Stock Exchange)||Yes||Equity Shares||IN||INR||May 2000|
Ajel Limited provides IT consulting and software development services in the United States and India. The company offers Dynamic Enterprise Management, a professional services business management solution that provides financial and operational functionality, such as consultant resource management, business intelligence, reporting, payroll, human resource management system, and financials and sales force automation to growing and midsize organizations. It also provides infrastructure management, cloud computing, networking, and enterprise solutions; and professional, and application development and management services. The company serves commercial and public sectors, and utility companies. Ajel Limited was founded in 1994 and is based in Hyderabad, India.
Company Analysis and Financial Data Status
|Data||Last Updated (UTC time)|
|Company Analysis||2020/02/21 12:45|
|End of Day Share Price||2020/02/13 00:00|
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.