Is Ajcon Global Services a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Ajcon Global Services Ltd is a below average quality company .

Is Ajcon Global Services undervalued or overvalued?

The key valuation ratios of Ajcon Global Services Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone .

What is Ajcon Global Services share price return in the past 10 years?

Ajcon Global Services Ltd share price has appreciated 16.3% annually (CAGR) over the past ten years.

Is Ajcon Global Services a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Ajcon Global Services Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

What is the P/E ratio of Ajcon Global Services?

The latest standalone P/E ratio of Ajcon Global Services as of 23-Apr-2025 is 43.37.

What is the P/B ratio of Ajcon Global Services?

The latest standalone P/B ratio of Ajcon Global Services as of 23-Apr-2025 is 2.02.

Ajcon Global Services Ltd - Stock Valuation and Financial Performance

Name: Ajcon Global Services
Brand: Ajcon Global Services

BSE: 511692 | NSE: | Finance - Investment | Small Cap

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Ajcon Global Service Share Price

₹74.47 0.00 0.00%
as on 23-Apr'25 16:59

DeciZen - make an informed investing decision on Ajcon Global Service

Based on:

Data

M-Cap below 100cr DeciZen not available

Ajcon Global Services stock performance -

₹74.47 39.00111.00% past year

PE Chart Key Ratios

Price Chart, Live Stock Chart, Technical Chart of

P/E Ratio (SA):

43.37

Market Cap:

53 Cr.

52-wk low:

31.3

52-wk high:

89.2

Related Stocks

Is Ajcon Global Services Ltd an attractive stock to invest in?

10 Year X-Ray of Ajcon Global Service: Login to view analysis.

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis ^P

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Operating Income (₹ Cr.)	5.6	6.2	7.2	5.7	31.3	26.8	47.1	40.7	7.9	14.9	8
YoY Gr. Rt. %	-	9.6%	16.5%	-21%	449.2%	-14.2%	75.5%	-13.5%	-80.6%	87.7%	-
Adj EPS (₹ )	0.6	0.7	0.7	0.5	-0.2	-2.6	2.5	3.4	0.8	1.7	1.7
YoY Gr. Rt. %	-	9.8%	0%	-23.9%	-129.4%	NA	NA	34.4%	-76.8%	116.5%	-
BVPS (₹ )	22.7	23.4	24.1	24.6	24.4	21.8	24.3	27.7	28.6	30.3	36.9
YoY Gr. Rt. %	-	3%	2.9%	2.2%	-0.9%	-10.6%	11.6%	13.9%	3.3%	6%	-
To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ
Net Profit/Total Funds (%)	1.5	1.6	1.8	1.4	-0.4	-7.8	7.9	10.3	2.1	4.4	0

CAGR ⓘ

CAGR Colour Code Guide ⓘ


	9 Years	5 Years	3 Years	1 Years
Net Interest Income	11.4%	-13.8%	-31.9%	87.7%
Adj EPS	12.1%	NA	-12.2%	116.5%
BVPS	3.3%	4.5%	7.6%	6%
Share Price	16.3%	27.9%	25.1%	112.8%

Key Financial Ratios


RATIOS \ YEARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24	TTM
Margins
Net Profit Margin (%)	6.6	6.6	5.7	5.5	-0.3	-5.9	3.3	5.1	6.1	7	15.8
Performance Ratios	To view Performance Ratios Colour Rating Guide click here ⓘ
Return on Equity (%)	2.7	2.9	2.8	2.1	-0.6	-11.2	11	13.1	2.8	5.8	4.7

Recent Performance Summary

Latest Financials - Ajcon Global Services Ltd.

	Standalone	Consolidated
TTM EPS (₹)	1.7	2
TTM Sales (₹ Cr.)	7.7	8.8
BVPS (₹.) ⓘ	36.9	43.4
Reserves (₹ Cr.) ⓘ	19	24
P/BV ⓘ	2.02	1.72
PE ⓘ	43.37	37.40

From the Market
52 Week Low / High (₹)	31.31 / 89.17
All Time Low / High (₹)	0.65 / 89.17
Market Cap (₹ Cr.)	53
Equity (₹ Cr.)	7.1
Face Value (₹)	10
Industry PE ⓘ	59.9

Quarterly Results

Standalone Basis

Consolidated Basis

	Mar'24	YoY Gr. Rt. %	Jun'24	YoY Gr. Rt. %	Sep'24	YoY Gr. Rt. %	Dec'24	YoY Gr. Rt. %
Sales (₹ Cr.)ⓘ	2,538	7	2,462	7	2,573	7.8	2,653	9.6
Adj EPS (₹) ⓘ	32.2	-0.3	29.6	0.3	30.2	0.8	30.4	-4.6
Op. Profit Mgn % ⓘ	19.81	-45 bps	18.53	-114 bps	18.11	-182 bps	18.65	-149 bps
Net Profit Mgn % ⓘ	13.45	-95 bps	12.75	-81 bps	12.44	-80 bps	12.04	-187 bps

Management X-Ray of Ajcon Global Service:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Ajcon Global Service

Price Calculator

Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

No data found!

Key Ratios of Ajcon Global Service

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Price Chart, Live Stock Chart, Technical Chart of

Total Income (Cr.)

Price Chart, Live Stock Chart, Technical Chart of

ROE (%)

Price Chart, Live Stock Chart, Technical Chart of

BVPS (Rs.)

Price Chart, Live Stock Chart, Technical Chart of

Peer Comparison

Company Name	CMP(₹)	Market Cap	Net Sales (₹ Cr.)	Latest EPS (₹)	Net Profit Margin %	Latest P/E	Latest P/BV
Paul Merchants	810.3	Small Cap	6,502	26.5	0.4	30.6	0.5
JM Financial	105	Small Cap	4,761	4	0.6	26.2	1.1
IIFL Finance	380.4	Small Cap	4,604	-6.7	12.7	-	2.5
Altius Telecom Infra	150	Small Cap	4,146	-	100.9	-	-
Embassy Office Parks	380.8	Small Cap	3,816	-	25.3	-	-
INDIGRID Infra Trust	146.4	Small Cap	2,717	-	38.6	-	-
Authum Inv. & Infra	1,861.6	Small Cap	2,412	234.3	121.2	7.9	2.4
Capri Global Capital	166.9	Small Cap	2,313	4.7	12.1	35.9	3.3
Centrum Capital	26.2	Small Cap	2,207	-4	-3.2	-	3.8
Mindspace Business	380.3	Small Cap	1,400	-	83	-	-

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Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Income	5.71	6.28	7.55	5.79	31.41	26.95	48.11	40.87	7.97	14.95
Interest Income	5.64	6.18	7.20	5.69	31.25	26.82	47.08	40.71	7.91	14.85
Other Income ⓘ	0.07	0.10	0.35	0.10	0.16	0.14	1.03	0.16	0.07	0.09
Expenditure ⓘ	5.19	5.76	6.88	5.38	31.53	28.52	46.57	38.28	7.31	13.60
Interest Expense ⓘ	0.62	0.74	0.74	0.52	0.64	0.63	0.57	0.34	0.42	0.49
Operating Expenses ⓘ	4.35	4.54	5.63	4.83	29.81	25.35	45.33	37.27	6.73	13.10
Provisions	0.22	0.48	0.51	0.03	1.08	2.54	0.66	0.66	0.17	0.01
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	0.52	0.53	0.67	0.41	-0.12	-1.56	1.54	2.59	0.66	1.35
Taxes ⓘ	0.15	0.12	0.26	0.09	-0.02	0.01	-0.01	0.51	0.18	0.31
Profit After Tax	0.37	0.41	0.41	0.31	-0.09	-1.58	1.55	2.08	0.48	1.04
Adjusted EPS (₹)	0.6	0.7	0.7	0.5	-0.2	-2.6	2.5	3.4	0.8	1.7
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Equity and Liabilities
Equity Capital	13.90	14.31	14.72	15.03	14.90	13.32	14.87	16.94	17.50	18.54
Share Capital ⓘ	6.12	6.12	6.12	6.12	6.12	6.12	6.12	6.12	6.12	6.12
Reserves ⓘ	7.78	8.19	8.60	8.91	8.78	7.20	8.75	10.83	11.38	12.42
Minority Interest	0	0	0	0	0	0	0	0	0	0
Long Term Borrowings	0.13	0.57	0.66	0.52	0.47	0.40	0.31	0.66	0.76	0.62
Current Liabilities	11.91	9.33	6.81	5.79	5.38	5.92	4.22	3.48	6	4.30
Trade Payables	1.96	0.96	0.94	1.78	0.80	0.84	2.25	1.11	1.71	1.08
Short term borrowings	9.11	7.77	5.66	3.59	3.42	4.17	1.28	1.39	2.80	1.18
Other Liabilities	-11.06	-8.73	-6.59	-5.38	-4.22	-5.01	-3.53	-2.50	-4.51	-2.26
Total Liabilities ⓘ	25.94	24.21	22.19	21.34	20.74	19.65	19.41	21.09	24.26	23.46
Assets
Non Current Asset	7.68	7.82	7.55	6.77	6.80	6.40	6.15	5.59	6.61	7
Loan Asset	0	0	0	0	0	0	0	0	0	0
Other Non Current Asset ⓘ	7.68	7.82	7.55	6.77	6.80	6.40	6.15	5.59	6.61	7
Current Asset	18.26	16.40	14.63	14.57	13.95	13.24	13.26	15.50	17.65	16.45
Current Investment	0	0	0	0	0	0	0	0	0	0
Other Current Asset	18.26	16.40	14.63	14.57	13.95	13.24	13.26	15.50	17.65	16.45
Total Assets ⓘ	25.94	24.21	22.19	21.34	20.74	19.65	19.41	21.09	24.26	23.46

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Cash Flow From Operating Activity ⓘ	-0.90	0.77	3.32	2.50	-0.93	-0.60	4.74	-0.14	-1.31	0.84
Cash Flow From Investing Activity ⓘ	0	-0.35	0.23	0.65	-0.11	-0.04	-0.40	-0.10	-0.24	-0.08
Cash Flow From Financing Activity ⓘ	1.67	-1.61	-2.78	-2.70	-0.21	0.67	-2.94	0.45	1.50	-1.76
Net Cash Flow ⓘ	0.78	-1.18	0.76	0.45	-1.25	0.03	1.40	0.21	-0.05	-1.01

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	Mar'24
Operational & Financial Ratios
EPS (₹)	1	1	1	1	0	-3	3	3	1	2
DPS (₹)	0	0	0	0	0	0	0	0	0	0
BVPS (₹)	23	23	24	25	24	22	24	28	29	30
Performance Ratios
ROA (%)	1.5	1.6	1.8	1.4	-0.4	-7.8	7.9	10.3	2.1	4.4
ROE (%)	2.7	2.9	2.8	2.1	-0.6	-11.2	11.0	13.1	2.8	5.8
ROCE (%)	5.3	5.6	6.5	4.6	2.8	-5.1	12.3	16.5	5.4	8.9
Valuation Parameters
Price/Book(x)	0.9	0.9	0.8	1.5	1.3	1.0	1.0	1.6	1.0	1.1

Ajcon Global Services Ltd Stock News

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Ajcon Global Services Ltd FAQs

What is the share price of Ajcon Global Service?

Company share prices are keep on changing according to the market conditions. The closing price of Ajcon Global Service on 23-Apr-2025 16:59 is ₹74.47.

What is the market cap of Ajcon Global Service?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 23-Apr-2025 16:59 the market cap of Ajcon Global Service stood at ₹52.99.

What is the P/E ratio of Ajcon Global Service?

The latest P/E ratio of Ajcon Global Service as of 23-Apr-2025 16:59 is 43.37.

What is the P/B ratio of Ajcon Global Service?

The latest P/B ratio of Ajcon Global Service as of 23-Apr-2025 16:59 is 2.02.

What is the 52-week high and low of Ajcon Global Service?

The 52-week high of Ajcon Global Service is ₹89.17 and the 52-week low is ₹31.31.

What is the TTM revenue of Ajcon Global Service?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Ajcon Global Service is ₹7.74 ( Cr.) .

About Ajcon Global Services Ltd

Ajcon Global Services (AGSL) was incorporated in 1986, in Mumbai, as Ajmera Financials and Project Consultants Private Limited with the object of consulting entrepreneurs and established companies in new projects and raising financial resources.

Ajmera Financials and Project Consultants Private Limited was rechristened as Ajcon Capital Markets Limited to reflect the diversified business focus in capital markets, which was later changed to Ajcon Global Services Limited to reflect companyâ€™s global reach in financial services activities.

The company is a well known public listed company with networth of over Rs 900 lakh engaged in providing various financial services for last 20 years.The company is also a member of OTC Exchange of India, M.P. Stock Exchange and is a depository participant of CDSL

The company went public in January 1995. It became a member of the National Stock Exchange (NSE) to setup the right infrastructure for stock broking/security trading, market research. The companyâ€™s public issue was oversubscribed by over 25 times demonstrating the faith and confidence the investment community reposed in the company. The company successfully developed a strong client base all over the country and presently its securities turnover runs in thousand of crore.

In 2004, the company expanded its reach from the domestic markets to the international markets by entering into a tie-up with a company in USA for providing financial services. ServicesAjcon Global Services offers Portfolio Management Services (PMS) to provide discretionary services to its clients. To provide these services the company is in the process of making an application to SEBI for obtaining the PMS License.

Merchant Banking License - From 1994-97, AGSL was a Category I Merchant Banker, during which AGSL handled more than 15 Issues as a Lead and Co-Lead Manager. By again obtaining a Merchant Banking Licence, the company will be able to provide investment banking services to corporates such as advice on mergers and acquisitions (domestic and cross-border), divestitures, capital raising through IPOs, rights issues, share buybacks, open offers/delistings, private placements and syndication of debt and equity. As a part of its Corporate Advisory Services, the company is already handing several public issue assignments.

Ajcon Commodity Brokers Limited is a 89% subsidiary of AGSL and is a member of the Multi Commodity Exchange (MCX) and is engaged into Commodity Broking.

The companyâ€™s head office has been catering mainly to the Institutional and High Networth clients and the branches cater exclusively to the retail sector. Presently, it has 30 branches/outlets with 150 trading terminals because of which the retail reach of the company is very limited and the revenue from retail sector is less than 20% of the companyâ€™s total revenue. With the changing demographics of India, retail sector has a huge potential and can be a main driver of business in todayâ€™s time.

Services offered by the company:

AGSL is a well diversified financial services company offering a whole gamut of services such as stock broking, commodity broking, depository services, project consultancy, market research, loan syndication, turnkey projects and corporate advisory services. It is headed by Ashok Kumar Ajmera, a well known Chartered Account and Market Expert with a rich experience of 30 years.

The company aims to become a one-stop shop for all services by expanding its scope of financial services further and also to offer its services all over India by setting up an intensive branch network. To increase its scale of operations and to open a larger number of branches, upgrade existing technology and augment its working capital, the Company is looking at raising funds through private equity placement.

AGSL efficiently executed more than 200 assignments of project financing and loan syndication and gained recognition as a leading project consultancy firm, possessing strong implementation skills to transform corporate vision and strategy into profitable reality. In 1994, the company widened its horizon and diversified its business by entering into the capital markets.

Mutual Funds and Insurance Products-The company offers all financial products available in the market to its clients.

Over the years, the company has established goodwill as the front-runner in the field of stock broking, project consultancy, market research, loan syndication, turnkey projects and corporate advisory services.

Clientele:

Ajcon Global Services has successfully developed a strong client base all over the country and presently its securities turnover runs in thousand of crores. It is empanelled with L.I.C, UTI, Canara Bank, Canbank Mutual, PNB, Andhra Bank, Bank of India, OBC, Bank of Baroda, Syndicate Bank, Uco Bank, United Western Bank SIDBI, Bank of Rajasthan, Taurus Mutual Fund, Vijaya Bank, Central Bank of India and host of other banks and mutual funds for their secondary market operations on the capital market segment of NSE.