BSE: 543269 | NSE: | IT - Software | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Adjia Technologies Ltd is a below average quality company.
The key valuation ratios of Adjia Technologies Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Adjia Technologies Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | -25.5% | -378.8% | 146.8% | -14.9% | -7% | -3.9% | - |
| Value Creation Index ⓘ | -2.8 | -28.1 | 9.5 | -2.1 | -1.5 | -1.3 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | |||||||
| Sales ⓘ | 0 | 0 | 0.1 | 0.2 | 0.1 | 0.2 | 0 |
| Sales YoY Gr. | - | NA | NA | 120% | -59.1% | 66.7% | - |
| Adj EPS ⓘ | -0.1 | -0.3 | 0.9 | -2.2 | -1.9 | -1 | 0.8 |
| YoY Gr. | - | NA | NA | -334% | NA | NA | - |
| BVPS (₹) ⓘ | 0 | 0 | 0 | 27.2 | 25.3 | 24.3 | 25.1 |
| Adj Net Profit ⓘ | 0 | 0 | 0 | -0.2 | -0.2 | -0.1 | 0 |
| Cash Flow from Ops. ⓘ | 0 | 0 | 0 | -1.3 | 0.5 | 0 | - |
| Debt/CF from Ops. ⓘ | 0 | 0 | 0 | -0 | 0.1 | 6.2 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 14.5% | 66.7% | ||||
| Adj EPS ⓘ | NA | NA | -202.8% | NA | ||||
| BVPSⓘ | NA | NA | NA | -4% | ||||
| Share Price | - | - | 19.5% | 58.3% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | TTM | |
|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 0.5 | 2.7 | -326.6 | -16 | -7.2 | -4.1 | 3.3 |
| Op. Profit Mgn % ⓘ | 0 | 0 | 26.1 | -84 | 23.9 | 69.4 | -155.6 |
| Net Profit Mgn % ⓘ | 0 | 0 | 32.4 | -89.9 | -179.7 | -60.2 | 21.9 |
| Debt to Equity ⓘ | -1 | -1 | 0 | 0 | 0 | 0 | 0 |
| Working Cap Days ⓘ | 0 | 0 | 1 | 959 | 3,488 | 1,678 | 480 |
| Cash Conv. Cycle ⓘ | 0 | 0 | -10 | 72 | 412 | 247 | 440 |
Return on Equity has increased versus last 3 years average to 3.30%
Sales growth is growing at healthy rate in last 3 years 14.47%
Sales growth is good in last 4 quarters at 275.00%
Net Profit has been subdued in last 3 years -202.76%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 0.8 | - |
| TTM Sales (₹ Cr.) | 0.3 | - |
| BVPS (₹.) ⓘ | 25.1 | - |
| Reserves (₹ Cr.) ⓘ | 1 | - |
| P/BV ⓘ | 1.80 | - |
| PE ⓘ | 55.15 | - |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 28.50 / 45.49 |
| All Time Low / High (₹) | 22.00 / 74.65 |
| Market Cap (₹ Cr.) | 4 |
| Equity (₹ Cr.) | 0.9 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 36 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|
| Sales | 0 | 0 | 0.10 | 0.22 | 0.09 | 0.15 |
| Operating Expenses ⓘ | 0 | 0 | 0.08 | 0.40 | 0.07 | 0.05 |
| Manufacturing Costs | 0 | 0 | 0 | 0 | 0 | 0 |
| Material Costs | 0 | 0 | 0 | 0 | 0.01 | 0 |
| Employee Cost | 0 | 0 | 0.06 | 0.06 | 0.02 | 0.01 |
| Other Costs ⓘ | 0 | 0 | 0.02 | 0.34 | 0.05 | 0.03 |
| Operating Profit ⓘ | 0 | 0 | 0.03 | -0.18 | 0.02 | 0.10 |
| Operating Profit Margin (%) | - | - | 26.1% | -84.0% | 23.9% | 69.4% |
| Other Income ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation ⓘ | 0 | 0 | 0 | 0 | 0.19 | 0.19 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0 | 0 | 0.02 | -0.18 | -0.17 | -0.09 |
| Tax ⓘ | 0 | 0 | -0.01 | 0.01 | 0 | 0 |
| Profit After Tax | 0 | 0 | 0.03 | -0.19 | -0.17 | -0.09 |
| PAT Margin (%) | - | - | 32.4% | -89.9% | -179.0% | -60.2% |
| Adjusted EPS (₹) | -0.1 | -0.3 | 0.9 | -2.2 | -1.9 | -1.0 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | -0.06 | -0.06 | 0.04 | 2.39 | 2.23 | 2.14 | ||||
| Share Capital ⓘ | 0.01 | 0.01 | 0.07 | 0.88 | 0.88 | 0.88 | ||||
| Reserves ⓘ | -0.07 | -0.07 | -0.03 | 1.51 | 1.35 | 1.26 | ||||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Debt | 0.06 | 0.06 | 0 | 0.05 | 0.05 | 0.05 | ||||
| Long Term Debt | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Short Term Debt | 0.06 | 0.06 | 0 | 0.05 | 0.05 | 0.05 | ||||
| Trade Payables | 0 | 0 | 0 | 0 | 0.01 | 0 | ||||
| Others Liabilities ⓘ | 0 | 0 | -0.01 | 0.05 | 0 | 0.02 | ||||
| Total Liabilities ⓘ | 0 | 0 | 0.03 | 2.50 | 2.30 | 2.21 | ||||
Fixed Assets | ||||||||||
| Gross Block | 0 | 0 | 0 | 0.70 | 1.22 | 1.22 | ||||
| Accumulated Depreciation | 0 | 0 | 0 | 0 | 0.19 | 0.38 | ||||
| Net Fixed Assetsⓘ | 0 | 0 | 0 | 0.70 | 1.03 | 0.84 | ||||
| CWIP ⓘ | 0 | 0 | 0 | 0.57 | 0.57 | 0.57 | ||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Inventories | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Trade Receivables | 0 | 0 | 0 | 0.09 | 0.13 | 0.08 | ||||
| Cash Equivalents | 0 | 0 | 0.03 | 0.10 | 0.07 | 0.07 | ||||
| Others Assetsⓘ | 0 | 0 | 0 | 1.04 | 0.51 | 0.65 | ||||
| Total Assets ⓘ | 0 | 0 | 0.03 | 2.50 | 2.30 | 2.21 | ||||
| PARTICULARS | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 |
|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 0 | 0 | 0.03 | -1.27 | 0.49 | 0.01 |
| PBT ⓘ | 0 | 0 | 0.02 | -0.18 | -0.17 | -0.09 |
| Adjustment ⓘ | 0 | 0 | 0 | 0 | 0.19 | 0.19 |
| Changes in Working Capital ⓘ | 0 | 0 | 0 | -1.09 | 0.46 | -0.08 |
| Tax Paid ⓘ | 0 | 0 | 0 | 0 | 0 | -0.01 |
| Cash Flow From Investing Activity ⓘ | 0 | 0 | 0 | -0.72 | -0.52 | 0 |
| Capex | 0 | 0 | 0 | -0.72 | -0.52 | 0 |
| Net Investments | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash Flow From Financing Activityⓘ | 0 | 0 | 0 | 2.06 | 0 | 0 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0.06 | 2 | 0 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 0 | -0.06 | 0.05 | 0 | 0 |
| Net Cash Flow ⓘ | 0 | 0 | 0.03 | 0.07 | -0.04 | 0.01 |
| PARTICULARS | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | ||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | N/A | N/A | 0 | -15.95 | -7.2 | -4.09 | ||||
| ROCE (%) | N/A | N/A | 146.83 | -14.86 | -6.96 | -3.92 | ||||
| Asset Turnover Ratio | 0 | 0 | 6.76 | 0.17 | 0.04 | 0.07 | ||||
| PAT to CFO Conversion(x) | N/A | N/A | 1 | N/A | N/A | N/A | Working Capital Days | |||
| Receivable Days | 0 | 0 | 0 | 152 | 423 | 256 | ||||
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | ||||
| Payable Days | 0 | 0 | 0 | 0 | 251 | 0 | ||||
ADJIA Technologies was incorporated as ‘Adjia Technologies Private Limited’ under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated December 22, 2015. The Company was converted into a Public Limited Company and the name of the Company was changed to ‘Adjia Technologies Limited’ vide special resolution dated December 04, 2020. A fresh certificate of incorporation consequent to conversion into public limited Company was issued to the Company by the Registrar of Companies, Ahmedabad, Gujarat on December 09, 2020. The Company was recognized as a startup pursuant to the Certificate of Recognition number DIPP71883 dated December 10, 2020 issued Department for Promotion of Industry and Internal Trade.
The company is solving a prime problem of its customers with providing augmented and virtual reality services. It is able to achieve this through a combination of its skills and strategic approach. It firmly believes in maintaining its service quality against the highest standards, are customer centric, deeply people focused, and follow ethical business practices and corporate governance standards overall. It draws its strength from an age-old tradition of quality services as the best strategy for sustained growth.
The company endeavors to satisfy customers by continuous improvement through process innovation and quality maintenance. It focuses on providing quality services to increase customer satisfaction and develop a positive brand image in the industry. It aims to grow its operations on PAN India basis and make its brand as a well-known one name in industry.
Business area of the company
The company is engaged in the business of offering augmented reality and virtual reality related services to various customers electronically. It has built technology and solutions for multiple areas of the business which enables the company to increase efficiency. It provides dynamic pricing and sector specific approach. The company is also engaged in software consultancy services.
Major events in the history of the company:
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