Announcement • Feb 05
Ajel Limited to Report Q3, 2026 Results on Feb 10, 2026 Ajel Limited announced that they will report Q3, 2026 results on Feb 10, 2026 Announcement • Nov 08
Ajel Limited to Report Q2, 2026 Results on Nov 13, 2025 Ajel Limited announced that they will report Q2, 2026 results on Nov 13, 2025 Announcement • Sep 11
Ajel Limited, Annual General Meeting, Sep 30, 2025 Ajel Limited, Annual General Meeting, Sep 30, 2025, at 10:00 Indian Standard Time. Announcement • Aug 09
Ajel Limited to Report Q1, 2026 Results on Aug 14, 2025 Ajel Limited announced that they will report Q1, 2026 results on Aug 14, 2025 Reported Earnings • Jul 12
Full year 2025 earnings released: ₹1.42 loss per share (vs ₹1.59 loss in FY 2024) Full year 2025 results: ₹1.42 loss per share (improved from ₹1.59 loss in FY 2024). Revenue: ₹138.7m (flat on FY 2024). Net loss: ₹16.6m (loss narrowed 11% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Announcement • May 22
Ajel Limited to Report Q4, 2025 Results on May 30, 2025 Ajel Limited announced that they will report Q4, 2025 results on May 30, 2025 Reported Earnings • Feb 16
Third quarter 2025 earnings released: ₹0.002 loss per share (vs ₹0.68 loss in 3Q 2024) Third quarter 2025 results: ₹0.002 loss per share (improved from ₹0.68 loss in 3Q 2024). Revenue: ₹29.6m (down 16% from 3Q 2024). Net loss: ₹25.0k (loss narrowed 100% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 99 percentage points per year, which is a significant difference in performance. Announcement • Feb 07
Ajel Limited to Report Q3, 2025 Results on Feb 14, 2025 Ajel Limited announced that they will report Q3, 2025 results on Feb 14, 2025 Announcement • Feb 01
Ajel Limited Appoints Sumit Wadhwani as Company Secretary & Compliance Officer Ajel Limited at its board meeting held on February 1, 2025, CS Sumit Wadhwani has been appointed with immediate effect by the Board as a Company Secretary & Compliance Officer of the Company, based on the recommendation of Nomination & Remuneration Committee. Mr. Sumit Wadhwani is an Associate Member of the Institute of Company Secretaries of India and has experience in dealing with matters of Companies Act, Listing Regulations and allied laws. Date of appointment: February 1, 2025. New Risk • Jan 24
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.1% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.1% average weekly change). Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (₹173.7m market cap, or US$2.01m). Minor Risk Revenue is less than US$5m (₹128m revenue, or US$1.5m). Board Change • Jan 04
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Independent Director Venkata Stayanarayana Chintakuntla was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Jan 01
Second quarter 2025 earnings released: ₹0.43 loss per share (vs ₹0.62 loss in 2Q 2024) Second quarter 2025 results: ₹0.43 loss per share (improved from ₹0.62 loss in 2Q 2024). Revenue: ₹29.2m (down 16% from 2Q 2024). Net loss: ₹5.02m (loss narrowed 30% from 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 100 percentage points per year, which is a significant difference in performance. Announcement • Dec 31
Ajel Limited, Annual General Meeting, Jan 24, 2025 Ajel Limited, Annual General Meeting, Jan 24, 2025. Announcement • Dec 30
Ajel Limited Appoints Sesha Chary Phaniharam as Additional Director Ajel Limited announced that at the board meeting held on December 30, 2024, approved the appointment of Mr. Sesha Chary Phaniharam as Additional Director. Date of appointment is December 30, 2024. Mr. Sesha Chary Phaniharam graduated from Osmania University with Master of Commerce and having 35+ years of experience in financial services having exposure in project management and funding, appraisal and audit and advisory, Conceptualization and Execution and adding value to the company's objects and profile. Mr. Sesha Chary Phaniharam is an Experienced person having knowledge and experience of the Industry and Suitable for Company. Announcement • Dec 24
Ajel Limited to Report Q4, 2024 Results on Dec 30, 2024 Ajel Limited announced that they will report Q4, 2024 results at 3:30 PM, Indian Standard Time on Dec 30, 2024 Reported Earnings • Dec 13
First quarter 2025 earnings released: ₹0.48 loss per share (vs ₹0.03 loss in 1Q 2024) First quarter 2025 results: ₹0.48 loss per share (further deteriorated from ₹0.03 loss in 1Q 2024). Revenue: ₹29.6m (down 13% from 1Q 2024). Net loss: ₹5.56m (loss widened ₹5.23m from 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 83 percentage points per year, which is a significant difference in performance. Buy Or Sell Opportunity • Dec 12
Now 24% overvalued after recent price rise Over the last 90 days, the stock has risen 11% to ₹18.28. The fair value is estimated to be ₹14.69, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 52% over the last 3 years. Earnings per share has grown by 61%. New Risk • Dec 09
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.9% per year over the past 5 years. Market cap is less than US$10m (₹175.3m market cap, or US$2.07m). Minor Risks Latest financial reports are more than 6 months old (reported December 2023 fiscal period end). Share price has been volatile over the past 3 months (7.6% average weekly change). Revenue is less than US$5m (₹140m revenue, or US$1.7m). Buy Or Sell Opportunity • Aug 21
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 28% to ₹19.20. The fair value is estimated to be ₹15.78, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 52% over the last 3 years. Earnings per share has grown by 61%. Buy Or Sell Opportunity • Jul 01
Now 33% overvalued after recent price rise Over the last 90 days, the stock has risen 9.0% to ₹17.64. The fair value is estimated to be ₹13.22, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 52% over the last 3 years. Earnings per share has grown by 61%. Announcement • May 25
Ajel Limited to Report Q4, 2024 Results on May 30, 2024 Ajel Limited announced that they will report Q4, 2024 results on May 30, 2024 Buy Or Sell Opportunity • Apr 26
Now 21% overvalued after recent price rise Over the last 90 days, the stock has risen 1.5% to ₹16.22. The fair value is estimated to be ₹13.41, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 52% over the last 3 years. Earnings per share has grown by 61%. Buy Or Sell Opportunity • Apr 19
Now 21% overvalued Over the last 90 days, the stock has fallen 1.7% to ₹16.33. The fair value is estimated to be ₹13.50, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 52% over the last 3 years. Earnings per share has grown by 61%. Buy Or Sell Opportunity • Apr 03
Now 20% overvalued after recent price rise Over the last 90 days, the stock has risen 3.8% to ₹16.33. The fair value is estimated to be ₹13.57, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 52% over the last 3 years. Earnings per share has grown by 61%. Buy Or Sell Opportunity • Mar 18
Now 20% overvalued Over the last 90 days, the stock has fallen 18% to ₹16.23. The fair value is estimated to be ₹13.51, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 52% over the last 3 years. Earnings per share has grown by 61%. Buy Or Sell Opportunity • Feb 26
Now 22% overvalued after recent price rise Over the last 90 days, the stock has risen 26% to ₹16.49. The fair value is estimated to be ₹13.48, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 52% over the last 3 years. Earnings per share has grown by 61%. Reported Earnings • Feb 15
Third quarter 2024 earnings released: ₹0.68 loss per share (vs ₹0.05 loss in 3Q 2023) Third quarter 2024 results: ₹0.68 loss per share (further deteriorated from ₹0.05 loss in 3Q 2023). Revenue: ₹35.2m (up 116% from 3Q 2023). Net loss: ₹7.89m (loss widened ₹7.31m from 3Q 2023). Over the last 3 years on average, earnings per share has increased by 61% per year but the company’s share price has only increased by 43% per year, which means it is significantly lagging earnings growth. Announcement • Feb 07
Ajel Limited to Report Q3, 2024 Results on Feb 14, 2024 Ajel Limited announced that they will report Q3, 2024 results on Feb 14, 2024 Announcement • Oct 22
Ajel Limited Announces CFO Changes Ajel Limited at the Board of Directors Meeting held on October 21, 2023, approved the resignation tendered by Mr. Balarami Reddy Chintakuntla, Chief Financial Officer of the Company i.e., October 21, 2023 effective from close of business hours on October 21, 2023. Mr. Balarami Reddy Chintakuntla has resigned on account of personal reason and other professional commitments. The company appointed of Ms. Harshana Antharaji, Whole-time director, as Chief Financial Officer and Key Managerial Personnel of the Company effective from October 21, 2023. Harshana Antharaji is a seasoned finance professional with a proven track record of excellence. With a strong educational background and extensive experience, she has been avital contributor to Ajel Limited's financial management and strategy. Her appointment as the Chief Financial Officer (CFO) is a testament to her dedication, knowledge, and commitment to the company. Harshana Antharaji holds an MBA (Finance) degree from Jain University, Bangalore, where she achieved the prestigious distinction of being a gold medallist in her field. Her academic accomplishments are a testament to her outstanding proficiency in finance and management. Harshana Antharaji joined Ajel Limited shortly after completing her MBA. Over the years, she has consistently demonstrated her expertise in financial matters, contributing significantly to the company's growth and success. Her hands-on approach to financial management has made her an indispensable asset to the organization. Financial Expertise: Harshana Antharaji possesses a deep understanding of financial principles, allowing her to make well-informed decisions that support the company's financial health. Strategic Vision: She has played a pivotal role in shaping and executing financial strategies that align with Ajel Limited's corporate goals and long-term vision. Results-Oriented: Her dedication and focus on achieving results have consistently led to improved financial performance, cost efficiency, and profitability for the company. Team Leadership: Harshana Antharaji is known for her exceptional leadership skills, fostering a collaborative and high-performing finance team. Compliance and Governance: She ensures that the company adheres to all relevant financial regulations and maintains the highest standards of corporate governance. Harshana Antharaji appointment as CFO is a natural progression in her career at Ajel Limited. Her combination of academic excellence, extensive experience, and a strong track record in finance makes her the ideal candidate to lead the company's financial operations. Her dedication to the organization's success and strategic vision positions her well for continued growth and achievement in her new role. Announcement • Oct 17
Ajel Limited to Report Q2, 2024 Results on Oct 21, 2023 Ajel Limited announced that they will report Q2, 2024 results at 3:30 PM, Indian Standard Time on Oct 21, 2023 Valuation Update With 7 Day Price Move • Oct 13
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹15.17, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 565% over the past three years. Valuation Update With 7 Day Price Move • Aug 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹9.26, the stock trades at a trailing P/E ratio of 13.3x. Average trailing P/E is 37x in the IT industry in India. Total returns to shareholders of 321% over the past three years. Announcement • Aug 05
Ajel Limited to Report Q1, 2024 Results on Aug 11, 2023 Ajel Limited announced that they will report Q1, 2024 results on Aug 11, 2023 New Risk • Jul 28
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 7.7% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (₹81m revenue, or US$990k). Market cap is less than US$10m (₹102.3m market cap, or US$1.24m). Minor Risks Share price has been volatile over the past 3 months (7.7% average weekly change). Large one-off items impacting financial results. Shareholders have been diluted in the past year (7.7% increase in shares outstanding). Reported Earnings • Jul 16
Full year 2023 earnings released: EPS: ₹0.69 (vs ₹0.081 in FY 2022) Full year 2023 results: EPS: ₹0.69 (up from ₹0.081 in FY 2022). Revenue: ₹81.4m (up 96% from FY 2022). Net income: ₹8.10m (up ₹7.15m from FY 2022). Profit margin: 10.0% (up from 2.3% in FY 2022). Over the last 3 years on average, earnings per share has increased by 104% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth. Announcement • Jul 14
Ajel Limited Announces Resignation of Shruthi as Company Secretary, Compliance Officer Ajel Limited announced that Ms. Shruthi has resigned as Company Secretary, Compliance Officer and KMP of the company vide her resignation letter dated 01st December 2022, with effect from 04th January 2023. Announcement • Jul 12
Ajel Limited, Annual General Meeting, Aug 04, 2023 Ajel Limited, Annual General Meeting, Aug 04, 2023. Announcement • Jul 11
Ajel Limited Announces Executive Changes Ajel Limited announced Approval of Resignation of Mr. Sumanth John Wesley Kumaraswamy (DIN: 08369205) as an Independent Director with effect from 10 July 2023 and due to personal Reason. Compamny also approved Appointment of Mr. Venkata Stayanarayana Reddy Chintakuntla (DIN: 08582621) as an Additional Director of the Company as an Independent Director with effect from 10 July 2023. Mr. Venkata Stayanarayana Reddy Chintakuntla is an Experienced person having knowledge and experience of the Industry and Suitable for the Company. Valuation Update With 7 Day Price Move • Jun 06
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹8.42, the stock trades at a trailing P/E ratio of 12.1x. Average trailing P/E is 30x in the IT industry in India. Total returns to shareholders of 206% over the past three years. Reported Earnings • Jun 03
Full year 2023 earnings released: EPS: ₹0.86 (vs ₹0.081 in FY 2022) Full year 2023 results: EPS: ₹0.86 (up from ₹0.081 in FY 2022). Revenue: ₹81.4m (up 96% from FY 2022). Net income: ₹8.10m (up ₹7.15m from FY 2022). Profit margin: 10.0% (up from 2.3% in FY 2022). Over the last 3 years on average, earnings per share has increased by 106% per year but the company’s share price has only increased by 41% per year, which means it is significantly lagging earnings growth. Announcement • May 23
Ajel Limited to Report Q4, 2023 Results on May 30, 2023 Ajel Limited announced that they will report Q4, 2023 results on May 30, 2023 Announcement • May 05
Ajel Limited Announces Board Changes Ajel Limited in its board meeting held on May 4, 2023, approved the appointment of Ms. Madhavi Latha Pasupuleti as Additional Director and accept the resignation of Mr. Srinivasarao Yelamanchili and Mr. Narendra Parupalli. Reported Earnings • Feb 02
Third quarter 2023 earnings released: ₹0.05 loss per share (vs ₹0.011 profit in 3Q 2022) Third quarter 2023 results: ₹0.05 loss per share (down from ₹0.011 profit in 3Q 2022). Revenue: ₹16.3m (up 53% from 3Q 2022). Net loss: ₹584.0k (down ₹713.0k from profit in 3Q 2022). Over the last 3 years on average, earnings per share has increased by 7% per year but the company’s share price has increased by 27% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Jan 26
Ajel Limited to Report Q3, 2023 Results on Jan 31, 2023 Ajel Limited announced that they will report Q3, 2023 results on Jan 31, 2023 Announcement • Jan 05
Ajel Limited Announces Resignation of Ms. Shruthi as Company Secretary and Compliance Officer, with Effect from January 4, 2023 Ajel Limited announced resignation of Ms. Shruthi as Company Secretary and Compliance Officer, with effect from January 4, 2023. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 4 non-independent directors. Additional Independent Director Yelamanchili Srinivasa Rao was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Nov 13
Ajel Limited Appoints Mr. Rama Rao Madasu as Additional Director Ajel Limited announced that at its board meeting held on November 11, 2022, the board approved the appointment of Mr. Rama Rao Madasu as additional director of the company. Announcement • Nov 05
Ajel Limited to Report Q2, 2023 Results on Nov 11, 2022 Ajel Limited announced that they will report Q2, 2023 results on Nov 11, 2022 Announcement • Sep 27
Ajel Limited Announces Change in Directorate Ajel Limited at its board meeting held on 26 September 2022 approved the resignation tendered by Mr. Sirangivi Independent Director who will step from the position of the Independent Director of the Company with effect from the conclusion of the Board Meeting and appointed Mr. Yelamanchili Srinivasa Rao as "Additional Director" (Independent) with immediate effect. Mr. Srinivas Rao completed his AM IE (Mechanical) at Institute of Engineers, Kolkata in the year 1991. He has worked at Thermax India Ltd. and Punj Llyod Ltd. as a Project Manager. Presently doing business. Board Change • Sep 27
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Non-Executive Independent Director Sumanth John Kumaraswamy was the last independent director to join the board, commencing their role in 2019. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Sep 09
Full year 2022 earnings released: EPS: ₹0.081 (vs ₹0.37 loss in FY 2021) Full year 2022 results: EPS: ₹0.081 (up from ₹0.37 loss in FY 2021). Revenue: ₹41.5m (up 19% from FY 2021). Net income: ₹947.8k (up ₹5.24m from FY 2021). Profit margin: 2.3% (up from net loss in FY 2021). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 95 percentage points per year, which is a significant difference in performance. Announcement • Aug 05
Ajel Limited to Report Q1, 2023 Results on Aug 11, 2022 Ajel Limited announced that they will report Q1, 2023 results at 3:30 PM, Indian Standard Time on Aug 11, 2022 Announcement • May 24
Ajel Limited to Report Q4, 2022 Results on May 30, 2022 Ajel Limited announced that they will report Q4, 2022 results on May 30, 2022 Reported Earnings • Feb 16
Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations Third quarter 2022 results: EPS: ₹0.011 (up from ₹0.02 loss in 3Q 2021). Revenue: ₹10.6m (up 27% from 3Q 2021). Net income: ₹129.0k (up ₹369.0k from 3Q 2021). Profit margin: 1.2% (up from net loss in 3Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 50% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Announcement • Feb 06
Ajel Limited to Report Q3, 2022 Results on Feb 14, 2022 Ajel Limited announced that they will report Q3, 2022 results on Feb 14, 2022 Reported Earnings • Feb 14
Third quarter 2021 earnings released: ₹0.02 loss per share (vs ₹0.04 loss in 3Q 2020) The company reported a decent third quarter result with reduced losses and improved control over expenses, although revenues were weaker. Third quarter 2021 results: Revenue: ₹8.37m (down 16% from 3Q 2020). Net loss: ₹240.0k (loss narrowed 48% from 3Q 2020). Over the last 3 years on average, earnings per share has increased by 19% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Jan 27
New 90-day high: ₹4.14 The company is up 91% from its price of ₹2.17 on 29 October 2020. The Indian market is up 22% over the last 90 days, indicating the company outperformed over that time. It also outperformed the IT industry, which is up 23% over the same period. Announcement • Jan 02
Ajel Limited to Report Q3, 2021 Results on Feb 14, 2021 Ajel Limited announced that they will report Q3, 2021 results on Feb 14, 2021 Is New 90 Day High Low • Dec 23
New 90-day high: ₹2.45 The company is up 3.0% from its price of ₹2.38 on 23 September 2020. The Indian market is up 19% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 17% over the same period. Is New 90 Day High Low • Dec 07
New 90-day low: ₹1.72 The company is down 26% from its price of ₹2.32 on 08 September 2020. The Indian market is up 16% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 21% over the same period. Is New 90 Day High Low • Nov 20
New 90-day low: ₹2.00 The company is down 6.0% from its price of ₹2.13 on 21 August 2020. The Indian market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the IT industry, which is up 17% over the same period. Reported Earnings • Nov 16
Second quarter 2021 earnings released: ₹0.02 loss per share Second quarter 2021 results: Net loss: ₹178.0k (down 120% from profit in 2Q 2020). Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 21% per year, which means it is significantly lagging earnings. Announcement • Nov 14
Ajel Limited to Report Q2, 2021 Results on Nov 14, 2020 Ajel Limited announced that they will report Q2, 2021 results on Nov 14, 2020 Announcement • Sep 12
Ajel Limited to Report Q1, 2021 Results on Sep 15, 2020 Ajel Limited announced that they will report Q1, 2021 results on Sep 15, 2020