Ajcon Global Services Ltd Intrinsic Value & Share Price Analysis

Updated NSE: AJCONBSE: 511692
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GETAKA RESEARCH Company fundamentals

Business & price at a glance

Stored data · Not a live quote
Share price₹5.50Price record: 25 September 2026, 9:49 pm +05:30
Model estimate₹1.47Limited confidence · 3 model(s)
Return on capital2.93%ROCE · Latest stored data
Earnings multiple135.00×P/E · Compare with similar businesses
VALUATION CONTEXT

The model estimate is 73.3% below the stored share price. This gap depends on the valuation assumptions; it is not a predicted price move. Indicative estimate. Financial business: equity-earnings and eligible dividend models can provide an indicative estimate. Asset quality and regulatory capital still need review, so no automatic overvalued/undervalued label is given.

Explore the models
LATEST QUARTER

Revenue

+14.2%

Jun 2026 vs Jun 2025

Reported revenue: ₹3 Cr
LATEST QUARTER

Net profit

+15.8%

Jun 2026 vs Jun 2025

Reported net profit: ₹0 Cr
EARNINGS CHECK

Profit into cash

-2.32×

Operating cash flow / net profit

Matched annual period: Mar 2026

For financial businesses, review asset quality and capital adequacy alongside cash flow.

WHAT TO WATCH

Latest-quarter profit rose 15.8% year on year; profit across the last four reported quarters fell 35.7%. Read the latest quarter alongside the longer trend.

View financials
Reporting dates, coverage & sources

Annual: Mar 2026 · Quarterly: Jun 2026 · Cash flow: Mar 2026. These sections refresh independently. A recent price update does not mean the financial statements are current.

Sources: Company data source. Check the company filings linked by the source for the reporting basis and exceptional items.

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CONNECT THE NUMBERS

What the numbers reveal

See how growth, cash and financing fit together. Open any measure for its interpretation and source.

2 measures available

Financial business: industrial-company cash conversion, interest cover and borrowing ratios are omitted. Lending flows and capital requirements need sector-specific analysis.

Quarterly profit growth

+15.79%

Same quarter, prior year

Jun 2026 vs Jun 2025
Why it matters & source

Reported profit growth is shown without applying industrial-company margin or leverage thresholds to a financial business.

(Current net profit ÷ prior-year net profit − 1) × 100.

₹0.22 Cr vs ₹0.19 Cr.

View source table

Revenue momentum gap

-126.70pp

Latest quarter +14.2% · trailing year +140.9%

Eight consecutive quarters ending Jun 2026
Why it matters & source

The latest quarter grew more slowly than the four-quarter trend. This comparison describes momentum; it does not predict the next quarter.

Latest-quarter revenue YoY growth minus revenue growth of the latest four quarters against the preceding four.

Latest quarter: ₹2.98 Cr vs ₹2.61 Cr. Four-quarter totals: ₹36.83 Cr vs ₹15.29 Cr.

View source table
What growth does this price require?Change the assumptions and see the earnings hurdle

Start with the stored P/E of 135.00×. If the future P/E is lower, earnings must work harder to deliver the same price return.

Illustrative assumptions — edit to test your own
Required annual EPS growth16.5%

For a 10% annual price return over 5 years at a future P/E of 101.25×.

Defaults illustrate a 25% fall in P/E, 10% annual price return and five years. They are assumptions, not forecasts. This is EPS growth, not total-profit growth; changes in share count matter. Dividends, taxes and costs are excluded.

Formula & data basis

Required growth = (1 + annual price return) × (current P/E ÷ future P/E)1 / years − 1. Returns and growth use decimals in this formula.

Uses the stored P/E and its underlying earnings basis, which may differ from the dated financial tables. Quote record: 25 September 2026, 9:49 pm +05:30.

Periods are matched within each calculation; different measures may use different reporting dates. Derived from the stored tables, not live filings. Check the source reporting basis before comparing companies. About ratio analysis.

Intrinsic value & reliability

Indicative estimateLimited confidence · 3 contributing models · 2 references · 10 methods checked
Intrinsic value estimate₹1.47
Model sensitivity range₹0.64 – ₹2.90

This is an assumption-based valuation, not a price target or a probability range. The number remains available for research; the evidence does not justify a firm overvalued/undervalued label.

Earnings basis: 3 reported annual EPS period(s), ending Mar 2026. The earnings-power model assumes no growth; growth businesses may trade well above that benchmark.

What limits confidence

  • Financial business: equity-earnings and eligible dividend models can provide an indicative estimate. Asset quality and regulatory capital still need review, so no automatic overvalued/undervalued label is given.
  • Earnings vary too sharply for a stable-earnings estimate. Check cyclicality and exceptional items.
  • Limited model coverage: the available models can estimate value, but related earnings formulas are not independent confirmation. No firm valuation label is given.
View all reliability checks
  • Model estimates differ by more than threefold. Read the full range; the central estimate is especially assumption-sensitive.

Annual earnings: Mar 2026 · Quarter: Jun 2026 · Balance sheet: Mar 2026. The price-update date does not refresh these financial statements.

Statement source: Screener company financials. Detailed cash/debt schedules: awaiting a validated refresh. Refreshes run outside Indian market hours.

All 10 valuation methods

All ten methods are assessed below; calculations appear when the required inputs are usable. Open a row’s details to see the formula, assumptions or missing data. Reference-only results do not change the intrinsic-value estimate.

MethodValue / shareUse in estimateCalculation & inputs
Justified P/E from ROE₹0.75Included in estimate · 33.3%
Formula & sensitivity

Normalised EPS × (1 + g) × (1 − g / ROE) ÷ (cost of equity − g). Matched opening-equity ROE 2.4%; sustainable growth 0%; assumed equity return 12% (10%–14%). The multiple comes from reinvestment economics, not the stock’s current market P/E.

Model range: ₹0.64 – ₹0.90.

Graham benchmark₹2.90Included in estimate · 33.3%
Formula & sensitivity

√(22.5 × normalised EPS × matched-year book value per share). A conservative historical benchmark, not a growth-company DCF.

Model range: ₹2.90 – ₹2.90.

Normalised earnings power₹0.75Included in estimate · 33.3%
Formula & sensitivity

Median of 3 reported annual EPS period(s), ending Mar 2026 ÷ assumed required return. Base 12%; sensitivity 10%–14%. A no-growth earnings-power benchmark; debt is not deducted twice.

Model range: ₹0.64 – ₹0.90.

Discounted cash flowNot availableNeeds inputs / not applicable
See missing inputs

Industrial enterprise models are not suitable for lenders, banks or insurers. A cash-flow valuation also needs usable FCFE components or three matched years of operating reinvestment inputs; non-positive equity results are not forced to zero.

Net assets / book equity₹4.15Reference only
Formula & sensitivity

Dated share capital + reserves divided by current implied shares. Accounting net assets, not a property appraisal or liquidation value; excluded from the intrinsic-value blend.

Model range: ₹4.15 – ₹4.15.

Peer EV/EBITDANot availableNeeds inputs / not applicable
See missing inputs

Industrial enterprise models are not suitable for lenders, banks or insurers.

Dividend discountNot availableNeeds inputs / not applicable
See missing inputs

Dividend model: three positive, stable payout years with positive earnings are unavailable. Low dividends alone do not prove a stock is overvalued.

Earnings-yield benchmark₹0.75Reference only
Formula & sensitivity

Normalised EPS ÷ assumed earnings yield (12%; range 10%–14%). Mathematically the same no-growth estimate as earnings power, so it is displayed once as a reference and has zero extra blend weight.

Model range: ₹0.64 – ₹0.90.

ROCE / economic value addedNot availableNeeds inputs / not applicable
See missing inputs

Industrial enterprise models are not suitable for lenders, banks or insurers.

Peer EV/revenueNot availableNeeds inputs / not applicable
See missing inputs

Industrial enterprise models are not suitable for lenders, banks or insurers.

Equal weight per eligible model family, then equal weight within each family. Accounting, duplicate and peer-market references have zero intrinsic-value weight. The headline range covers contributing models and discount-rate sensitivity, not a confidence interval. Reference scenarios have their own ranges in the table.

Model assumptions and limitations

Growth, required returns and competitive fade are disclosed model assumptions. Cash, investments, debt and minority interests use book amounts as proxies; fair-value adjustments can materially change enterprise estimates. Reference-only methods and duplicate earnings-yield calculations have zero blend weight. Book value is an accounting reference, not a liquidation-value estimate or an automatic fair price.

How the safeguards work

A usable model provides an indicative estimate even when other inputs are missing. Older results, short histories, limited model coverage and cash-quality concerns reduce confidence instead of hiding every value. An annual earnings series whose latest period is older than 36 months is not reused; four consecutive quarters can provide a fallback when annual EPS is absent. Known earnings/share-basis conflicts and trailing losses exclude affected earnings models. Book-value problems exclude book-dependent models without removing a usable earnings-power model. Justified P/E uses matched ROE and reinvestment assumptions, never the current market P/E as its valuation multiple.

Financial businesses can use equity-earnings and eligible dividend models, with a sector-review warning. CFO is never substituted for free cash flow to equity. DCF uses verified FCFE or an explicit operating-reinvestment forecast; the latter and economic-profit valuation require matched debt, cash, investments and minority interests. Related enterprise models share one blend family. Low-payout dividends, accounting net assets, duplicate earnings yield and market peer multiples remain visible as references where appropriate. Extreme price gaps prompt a warning, not an invented price cap. An automatic overvalued/undervalued label requires three models across two families, consistent inputs, recent results and agreement across the full range.

Confidence describes evidence coverage, not a measured probability of accuracy. Even the moderate rating is an automated screen. Equity models assume a 12% required return (10%–14% sensitivity); enterprise models assume 10% WACC (8%–12%). These are disclosed scenarios, not measured company-specific costs of capital. A negative enterprise-to-equity sensitivity result indicates a claims shortfall, not a negative tradable share price. No-growth earnings power and Graham are conservative benchmarks; they do not fully capture future reinvestment or growth. Check current filings and corporate actions.

Method references: CFA Institute: cash-flow valuation · Damodaran: financial-service firms

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Analysis summary

Data coverage: Price-data record updated 25 September 2026, 9:49 pm +05:30. Annual results through Mar 2026; quarterly results through Jun 2026; cash flow through Mar 2026. Each section can have a different reporting period. The share price is not live.

Valuation in context

Ajcon Global Services Ltd: the indicative intrinsic value estimate is ₹1.47, with a model sensitivity range of ₹0.64–₹2.90. Confidence: Limited. Reference share price: ₹5.50. Assessment: Indicative estimate. This range reflects model and required-return assumptions, not forecast probability or a buy/sell recommendation. Financial business: equity-earnings and eligible dividend models can provide an indicative estimate. Asset quality and regulatory capital still need review, so no automatic overvalued/undervalued label is given. Earnings vary too sharply for a stable-earnings estimate. Check cyclicality and exceptional items.

Operating performance

Revenue for Mar 2026 was ₹36.39 Cr, versus ₹16.70 Cr in Mar 2025 (117.9% year on year). Net profit for Mar 2026 was ₹0.25 Cr, versus ₹0.57 Cr in Mar 2025 (-56.1% year on year). These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Cash generation

For the same Mar 2026 period, operating cash flow was ₹-0.58 Cr against net profit of ₹0.25 Cr. Cash flow covered -2.32 times reported profit. The gap warrants checking receivables, working capital and one-off items in the cash-flow statement. For financial businesses, lending and investment movements can dominate operating cash flow; also examine asset quality, capital adequacy and the business mix.

Balance-sheet check

Reported borrowings were ₹9.27 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How to use the valuation and peer comparisons

The Intrinsic Value panel combines the available model estimates using the displayed weights. Earnings, cash-flow, dividend and asset-based methods can give very different answers. The base required return is an assumed 12%, with 10%–14% sensitivity. Eligible dividend and FCFE models use capped terminal-growth assumptions explained in their model rows. Historical EPS growth is not a promise of future growth. Use the individual values and their spread to judge sensitivity.

The peer group follows the stored industry classification and may include different business models. Compare reporting periods, leverage and recurring earnings before interpreting a valuation gap. For banks and other financial businesses, capital adequacy and asset quality can be more informative than industrial-company cash-flow ratios.

Sources: Company data source. Check the company filings linked by the source for the reporting basis and exceptional items.

Automatically generated interpretation of the stored financial data, not a separately researched analyst opinion. Missing data is not evidence of poor performance. New filings become available here after the existing data refresh process captures them.

Business quality

44
Ajcon Global Services Ltd scores 44/100 (Weak)
Fundamental screening score · Business quality and valuation are separate checks.

Data coverage: 5/5 dimensions. Financial reporting periods vary by section.

Open a dimension to see what drives its score. Stored ratio feeds and reporting dates can differ from the matched financial-statement calculations in Connect the numbers.

Stock Health61/100 · Moderate

Profitability, balance sheet strength, debt levels, profit consistency

ROCE 2.9% WeakROE 0.8% WeakD/E 0.39 ModerateInterest Coverage 2.4x AdequateProfitable 5/5 available years Reported history
Ownership Trends50/100 · Moderate

FII/DII trends, promoter changes, shareholder count shifts

DII holding +0.00 pp (Dec 2025 → Jun 2026) UnchangedPromoter holding at 65.8% Stable
Earnings Quality15/100 · Weak

Cash flow vs reported profit, margin trends, working capital efficiency

CFO/NP (3 matched years): -0.89x · Mar 2024–Mar 2026 Poor cash conversionOPM contracting (20% → 7%) DecliningWorking capital: 332 days Capital intensive
Quarterly Momentum60/100 · Moderate

Recent 4-quarter revenue and profit growth vs prior year

Revenue (4Q): +141% YoY AcceleratingProfit (4Q): -36% YoY Declining
Peer Comparison30/100 · Weak

P/E, ROCE, ROE, and growth vs industry averages

P/E 135.0 vs industry 47.1 Premium to peersROCE 2.9% vs industry 10.5% Below peersROE 0.8% vs industry 10.6% Below peers3Y sales CAGR: 62% High growth
How the quality score is calculated

Weights: Health 30% · Earnings Quality 25% · Momentum 20% · Peer Comparison 15% · Ownership Trends 10%. Scores use stored reporting periods and are screening indicators, not investment recommendations. Missing dimensions are excluded and the remaining weights are rescaled. At least three dimensions are required for an overall score. Holding movements describe ownership shares, not proven trading flows. Broad industry groups and financial-sector accounting can limit comparability.

Share price & basic dataAll stored headline metrics · Expand table

Share Price and Basic Stock Data

Last Updated: September 25, 2026, 9:49 pm

Market Cap 33.6 Cr.
Current Price 5.50
Intrinsic Value₹1.47
High / Low 10.6/4.90
Stock P/E135
Book Value 4.15
Dividend Yield0.00 %
ROCE2.93 %
ROE0.84 %
Face Value 1.00
PEG Ratio-9.02

Understand these figures: how to read the P/E ratio, ROE versus earnings per share, and calculate intrinsic value.

Stock P/E, Current Price, and Intrinsic Value Over Time

Share price and model value are rupee amounts; P/E is an earnings multiple. Use the axis labels and hover or tap for the dated values.

View Share Price Target for Ajcon Global Services Ltd

Competitors

Stock Name ⇩Market Cap ⇩Current Price ⇩High / Low ⇩Stock P/E ⇩Book Value ⇩Dividend Yield ⇩ROCE ⇩ROE ⇩Face Value ⇩
Ajcon Global Services Ltd 33.6 Cr. 5.50 10.6/4.90135 4.150.00 %2.93 %0.84 % 1.00
Classic Global Finance & Capital Ltd 3.86 Cr. 1.05 /129 1.620.00 %0.83 %0.34 % 1.00
ICDS Ltd 74.2 Cr. 57.0 77.7/34.0114 23.00.00 %7.23 %5.50 % 10.0
Times Guaranty Ltd 260 Cr. 286 317/110110 53.10.00 %6.05 %5.04 % 10.0
Adinath Exim Resources Ltd 123 Cr. 133 178/78.0107 59.90.00 %0.93 %1.44 % 10.0
Industry Average10,206.92 Cr1,140.1358.363,572.460.49%10.48%14.03%7.06

All Competitor Stocks of Ajcon Global Services Ltd

Quarterly resultsRevenue, profit and margins by quarter · Expand table

Quarterly Result

MetricDec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales 1.882.336.603.033.703.674.485.893.433.362.6110.543.5119.802.98
Expenses 1.282.365.542.393.033.393.784.662.824.162.159.862.9220.222.42
Operating Profit 0.60-0.031.060.640.670.280.701.230.61-0.800.460.680.59-0.420.56
OPM % 31.91%-1.29%16.06%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 0.03-0.010.030.030.040.060.050.050.050.070.070.060.050.050.02
Interest 0.210.200.200.190.210.130.180.210.210.200.190.240.190.180.19
Depreciation 0.100.100.100.100.100.100.100.090.090.100.090.090.090.090.09
Profit before tax 0.32-0.340.790.380.400.110.470.980.36-1.030.250.410.36-0.640.30
Tax % 28.12%-23.53%25.32%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 0.23-0.260.600.310.300.100.350.730.27-0.770.190.310.26-0.520.22
EPS in Rs 0.03-0.040.100.050.050.020.060.120.04-0.130.030.050.04-0.080.03

Last Updated: September 26, 2026, 9:44 pm

Quarterly Chart

Read each series across reporting quarters. Hover or tap a point for the period and value; check the quarterly table for the underlying figures.

Annual profit & lossYearly operating and earnings history · Expand table

Profit & Loss - Annual Report

Last Updated: September 26, 2026, 9:44 pm

MetricMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales 7.908.518.179.238.2533.1627.9048.0041.648.6016.0716.7036.3936.83
Expenses 3.964.395.176.225.5830.9328.1146.0838.036.6813.2714.8434.9935.42
Operating Profit 3.944.123.003.012.672.23-0.211.923.611.922.801.861.401.41
OPM % 49.87%48.41%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 0.010.00-0.210.050.040.130.330.960.050.000.010.010.050.18
Interest 3.023.162.371.861.511.901.230.920.590.760.730.710.710.80
Depreciation 0.460.480.310.280.240.410.400.400.370.380.390.370.370.36
Profit before tax 0.470.480.110.920.960.05-1.511.562.700.781.690.790.370.43
Tax % 36.17%35.42%109.09%33.70%22.92%0.00%1.32%0.00%18.89%26.92%23.08%27.85%32.43%
Net Profit 0.300.30-0.010.610.740.02-1.541.562.180.571.250.570.250.27
EPS in Rs 0.050.050.010.100.120.00-0.250.250.360.090.200.090.040.04
Dividend Payout % 0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%0.00%

Profit & Loss Yearly Chart

Compare the earnings trend across financial years. Hover or tap for values, then check the annual statement for exceptional items.

YoY Net Profit Growth

Year2014-20152015-20162016-20172017-20182018-20192019-20202020-20212021-20222022-20232023-20242024-20252025-2026
YoY Net Profit Growth (%)0.00%-103.33%6200.00%21.31%-97.30%-7800.00%201.30%39.74%-73.85%119.30%-54.40%-56.14%
Change in YoY Net Profit Growth (%)0.00%-103.33%6303.33%-6178.69%-118.61%-7702.70%8001.30%-161.56%-113.60%193.15%-173.70%-1.74%

Ajcon Global Services Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 12 years from 2014-2015 to 2025-2026.

Growth

Compounded Sales Growth
10 Years:7%
5 Years:-10%
3 Years:-26%
TTM:3%
Compounded Profit Growth
10 Years:5%
5 Years:19%
3 Years:-37%
TTM:-60%
Stock Price CAGR
10 Years:20%
5 Years:46%
3 Years:44%
1 Year:130%
Return on Equity
10 Years:2%
5 Years:5%
3 Years:3%
Last Year:2%

Last Updated: September 5, 2025, 2:11 pm

Balance sheetAssets, equity and borrowings · Expand table

Balance Sheet

Last Updated: July 30, 2026, 4:59 am

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital 6.126.126.126.126.126.126.126.126.126.126.126.12
Reserves 11.4411.4812.0812.7812.7611.2112.7714.9515.5816.8319.0219.25
Borrowings 32.6619.3116.9019.9018.2819.0612.399.7210.8210.068.769.27
Other Liabilities 4.713.163.284.704.314.155.124.085.225.294.876.01
Total Liabilities 54.9340.0738.3843.5041.4740.5436.4034.8737.7438.3038.7740.65
Fixed Assets 1.851.801.721.512.141.771.771.582.542.232.181.95
CWIP 0.000.000.000.000.000.000.000.000.000.000.000.00
Investments 0.751.521.421.421.421.421.421.421.421.421.421.09
Other Assets 52.3336.7535.2440.5737.9137.3533.2131.8733.7834.6535.1737.61
Total Assets 54.9340.0738.3843.5041.4740.5436.4034.8737.7438.3038.7740.65

Reserves and Borrowings Chart

Cash flow statementOperating, investing and financing flows · Expand table

Cash Flow

MonthMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity + -11.6213.893.5711.661.79-0.728.483.08-0.94-0.15-1.12-0.58
Cash from Investing Activity + 0.01-1.130.26-13.70-0.11-0.04-0.40-0.18-0.24-0.08-0.320.18
Cash from Financing Activity + 12.47-14.05-3.112.48-2.940.79-6.68-2.671.10-0.771.590.51
Net Cash Flow 0.85-1.290.730.43-1.270.031.410.23-0.08-1.000.150.10
Free Cash Flow -11.6913.423.4111.641.68-0.768.082.90-1.18-0.23-1.44-0.73
CFO/OP -273%477%141%444%81%338%444%99%-39%9%-49%-35%
Free cash flowCash remaining after capital expenditure · Expand table

Free Cash Flow

Free cash flow reported in the stored cash-flow statement (₹ Cr)
PeriodMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Free Cash Flow-11.6913.423.4111.641.68-0.768.082.90-1.18-0.23-1.44-0.73

This table and the chart use the Free Cash Flow row from the same stored cash-flow statement. Free cash flow generally measures operating cash flow after capital expenditure; check the source definition and reporting basis. It is not operating profit minus borrowings.

Free Cash Flow Chart

Free cash flow shows what remains after capital expenditure. Large investment years can reduce it; read the cash flow statement alongside the trend.

Financial efficiencyWorking-capital and operating-cycle measures · Expand table

Financial Efficiency Indicators

MonthMar 2014Mar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025
Debtor Days 179.73131.2575.5059.7142.0313.4326.567.381.9350.9313.4013.48
Inventory Days
Days Payable
Cash Conversion Cycle 179.73131.2575.5059.7142.0313.4326.567.381.9350.9313.4013.48
Working Capital Days 675.02485.95545.04494.71596.8388.1777.5867.1491.86437.58300.72332.17
ROCE %8.54%8.09%5.98%7.30%6.44%4.97%-0.73%4.39%10.06%4.65%7.06%4.52%

Financial Efficiency Indicators Chart

Shareholding patternOwnership shares across reporting dates · Expand table

Share Holding Pattern

MonthSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 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 2,4602,5492,6132,6482,8502,9852,8075,2725,1765,0775,0855,004

Shareholding Pattern Chart

No. of Shareholders

Ajcon Global Services Ltd: Intrinsic Value & Share Price Analysis - Shareholder trend analysis

This stock is not held by any mutual fund.

ROCE Trend

EPS Trend

Key financial ratiosAlternate ratio feed and dated comparisons · Expand table

Key Financial Ratios

MonthMar 25Mar 24Mar 23Mar 22Mar 21
FaceValue 10.0010.0010.0010.0010.00
Basic EPS (Rs.) 0.892.050.913.562.56
Diluted EPS (Rs.) 0.882.050.913.562.56
Cash EPS (Rs.) 1.542.761.554.183.21
Book Value[Excl.RevalReserv]/Share (Rs.) 41.1040.0237.8936.8433.27
Book Value[Incl.RevalReserv]/Share (Rs.) 41.1040.0237.8936.8433.27
Revenue From Operations / Share (Rs.) 27.1426.1413.9167.7978.20
PBDIT / Share (Rs.) 3.214.603.145.994.71
PBIT / Share (Rs.) 2.603.972.535.384.06
PBT / Share (Rs.) 1.292.771.284.412.56
Net Profit / Share (Rs.) 0.932.120.933.572.56
NP After MI And SOA / Share (Rs.) 0.882.050.903.562.56
PBDIT Margin (%) 11.8117.6022.588.836.02
PBIT Margin (%) 9.5715.1718.157.935.19
PBT Margin (%) 4.7410.609.206.513.27
Net Profit Margin (%) 3.458.126.745.263.27
NP After MI And SOA Margin (%) 3.267.836.525.253.27
Return on Networth / Equity (%) 2.155.452.5510.348.28
Return on Capital Employeed (%) 5.819.676.5514.1712.09
Return On Assets (%) 1.353.271.476.254.29
Total Debt / Equity (X) 0.390.430.490.460.65
Asset Turnover Ratio (%) 0.420.420.231.421.57
Current Ratio (X) 2.952.722.472.852.18
Quick Ratio (X) 1.791.671.701.911.57
Inventory Turnover Ratio (X) 1.170.000.000.000.00
Interest Coverage Ratio (X) 2.443.852.526.203.14
Interest Coverage Ratio (Post Tax) (X) 1.722.781.754.702.71
Enterprise Value (Cr.) 51.5431.2326.4135.1226.49
EV / Net Operating Revenue (X) 3.111.953.100.840.55
EV / EBITDA (X) 26.2811.0913.749.599.19
MarketCap / Net Operating Revenue (X) 2.511.321.950.630.31
Price / BV (X) 1.650.910.761.260.79
Price / Net Operating Revenue (X) 2.511.321.950.630.31
EarningsYield 0.010.050.030.080.10

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Frequently asked questions

What is the intrinsic value of Ajcon Global Services Ltd and is it undervalued?

Ajcon Global Services Ltd: the indicative intrinsic value estimate is ₹1.47, with a model sensitivity range of ₹0.64–₹2.90. Confidence: Limited. Reference share price: ₹5.50. Assessment: Indicative estimate. This range reflects model and required-return assumptions, not forecast probability or a buy/sell recommendation. Financial business: equity-earnings and eligible dividend models can provide an indicative estimate. Asset quality and regulatory capital still need review, so no automatic overvalued/undervalued label is given. Earnings vary too sharply for a stable-earnings estimate. Check cyclicality and exceptional items. The Intrinsic value & reliability section explains eligible models, excluded methods and the review rules. A low P/E or a large price gap alone does not establish mispricing.

What share price and 52-week range are shown for Ajcon Global Services Ltd?

The stored share price is ₹5.50. Price-data record updated: 25 September 2026, 9:49 pm +05:30. This is not a live quote. The stored 52-week high / low is 10.6/4.90; this is a rolling range, not a financial-year range.

How have Ajcon Global Services Ltd's revenue and profit changed?

Revenue for Mar 2026 was ₹36.39 Cr, versus ₹16.70 Cr in Mar 2025 (117.9% year on year). Net profit for Mar 2026 was ₹0.25 Cr, versus ₹0.57 Cr in Mar 2025 (-56.1% year on year). These are the latest annual periods stored on this page; check the quarterly table separately for more recent developments.

Does Ajcon Global Services Ltd's profit convert into cash?

For the same Mar 2026 period, operating cash flow was ₹-0.58 Cr against net profit of ₹0.25 Cr. Cash flow covered -2.32 times reported profit. The gap warrants checking receivables, working capital and one-off items in the cash-flow statement. For financial businesses, lending and investment movements can dominate operating cash flow; also examine asset quality, capital adequacy and the business mix.

What should I check in Ajcon Global Services Ltd's balance sheet?

Reported borrowings were ₹9.27 Cr in Mar 2026. Read this alongside cash, interest costs and repayment obligations; reserves are an accounting balance and are not the same as available cash.

How should I compare Ajcon Global Services Ltd's P/E with other stocks?

The stored P/E is 135.00. Compare companies with similar business models, growth, leverage and accounting periods. The industry group on this page is broad, and its average can be affected by outliers. A lower P/E alone does not establish undervaluation.

What could change Ajcon Global Services Ltd's intrinsic value estimate?

Changes in sustainable earnings, cash generation, capital needs, debt and share count can change the estimate. The displayed model uses a 12% cost of equity and 4% terminal growth assumption where applicable. Higher discount rates or weaker growth generally reduce discounted values. Compare the individual model values and weights, and verify fresh filings before relying on the result.

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Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Ajcon Global Services Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE