Ajcon Global Services Ltd

Ajcon Global Services Ltd

AJCON.BO
Ajcon Global Services LtdIN flagBombay Stock Exchange
6.20
INR
+0.07
- -
379.20MMarket Cap
Ajcon Global Services Ltd
AJCON.BO
(Bombay Stock Exchange)

Recent

price

6.20

P/E

ratio

- -

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
FRC
1.3
1.59
1.47
1.28
1.38
1.32
1.03
0.95
4.88
4.38
74.73
6.44
1.29
1.95
2.39
- -
5.73
Revenue per Share
0.13
0.18
0.12
0.05
0.05
0.01
0.1
0.12
- -
-0.25
2.56
0.36
0.09
0.2
0.09
- -
0.04
Basic EPS, GAAP
-0.14
-2.34
-0.91
0.99
-1.91
2.17
0.56
1.9
0.27
-0.12
13.87
0.5
-0.15
-0.02
-0.18
- -
- -
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1.4
1.57
1.68
1.73
1.77
1.77
1.87
1.97
1.97
1.72
19.73
2.33
2.43
2.63
2.71
- -
2.74
Book Value per Share
1.92
2.91
2.97
3.03
3.08
3.1
3.2
3.31
3.32
2.83
30.88
3.44
3.55
3.75
4.37
- -
4.4
Tangible Book Value per Share
61
61
61
61
61
61
61
61
61
61
6
61
61
61
61
- -
61
Basic Weighted Avg Shares
79
97
90
78
84
81
63
58
299
268
457
394
79
120
146
351
351
Sales/Revenue/Turnover
23.61
29.75
42.22
43.77
42.17
31.9
-11.83
-16.05
-1.76
2.16
-0.12
4.43
11
-14.21
-4.09
-0.77
-0.74
Operating Margin (%)
4
4
4
5
5
3
3
2
4
4
4
4
4
4
4
4
4
Depreciation Expense
8
11
7
3
3
- -
6
7
- -
-16
16
22
6
13
5
2
2
Net Income, GAAP
33.33
20.6
33.73
36.7
36.08
116.07
33.29
23.32
2.46
- -
- -
19.11
26.77
23.36
27.18
34.63
34.62
Effective Tax Rate (%)
10.2
11.13
7.81
3.68
3.8
0.47
9.43
12.2
0.06
-5.78
3.42
5.54
7.25
10.48
3.71
0.65
0.65
Profit Margin (%)
96
156
160
160
136
132
142
346
329
315
283
284
276
306
305
313
313
Working Capital
2
1
3
2
1
5
6
177
157
156
116
85
90
97
81
83
83
LT Debt
119
180
184
187
190
190
196
203
203
173
189
211
217
229
267
269
269
Total Equity
6.77
8.18
6.36
5.3
5.05
-0.92
-1.33
-1.8
-1.24
- -
- -
4.47
1.96
-3.85
-1.24
-0.48
-0.47
Return on Invested Capital (%)
5.35
7.86
6.65
6.33
6.08
-0.73
3.37
3.2
5.26
- -
- -
10.1
4.16
6.52
3.68
2.32
2.64
Return on Capital (%)
9.97
11.92
7.1
2.76
2.99
0.35
5.32
6.03
0.16
-13.74
13.86
16.56
3.94
8.1
3.32
1.36
1.36
Return on Common Equity (%)

Capital Structure

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
ST Debt
- -
- -
14
LT Borrowings
94
- -
79
LT Finance Leases
- -
- -
4
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
61
- -
61
Market Capitalization
564
389
342

Working Capital

FRC

in mil. unless spec.
Sep'26
Dec'26
Mar'26
Total Current Assets
333
- -
364
Cash, Cash Equivalents & STI
18
- -
3
Accounts Receivable, Net
7
- -
7
Inventories
147
- -
148
Total Current Liabilities
23
- -
51
Payables & Accruals
- -
- -
- -
ST Debt
- -
- -
14
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
3.89%
7.51%
0.91%
Free Cash Flow
-102.34%
62.28%
-47.97%
Net Income, GAAP
-722.32%
-6.17%
-58.12%
Sales/Revenue/Turnover
56.44%
23.92%
139.88%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
27
27
35
31
120
2025
37
46
32
31
146
2026
21
103
31
196
351

Quarterly Earnings Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.1
0.04
0.05
- -
0.2
2025
0.06
0.12
0.04
-0.13
0.09
2026
0.03
0.05
0.04
-0.08
- -

Quarterly Dividends Per Share

FRC

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
2026
- -
- -
- -
- -
- -
Business
Ajcon Global Services Limited provides diversified financial services including stock broking in equity, futures and options, and currency segments on BSE, NSE, and MCX-SX; commodity broking through its subsidiary Ajcon Comtrade Pvt Ltd; depository participant services with CDSL; merchant banking as a SEBI-registered Category 1 entity covering issue management, takeovers, buybacks, delisting, and SME public offerings; investment banking encompassing private equity, mergers and acquisitions, and restructuring in domestic and international markets; corporate advisory for loan syndication, project financing, and over 300 deals; equity research with coverage on Bloomberg and Moneycontrol; portfolio analysis; mutual fund distribution via Ajcon EduFin P Ltd; home finance and loans through group company Heartbeat Loans; and financial crime training via www.fincrimeexpert.com. Founded in 1986 as Ajmera Financials and Project Consultants Pvt Ltd in Mumbai, the company, headquartered at 408 A-Wing, Express Zone, Western Express Highway, Goregaon East, Mumbai, expanded into capital markets in 1994, went public in 1995, and operates primarily across India with nationwide trading terminals, empanelled with over 35 banks and institutions including Bank of India for online trading via www.pyarapaisa.com, serving retail, HNI, institutional clients, mid-market businesses, and large corporations. Subsidiaries include Ajcon Finance Ltd (NBFC), Ajcon IT.Com Ltd (IT solutions), Ajcon Infra Projects Pvt Ltd (infrastructure), and Kanchanmanik Securities Pvt Ltd (securities broking). Recent developments include approval of a 10-for-1 stock split of equity shares with face value Rs 10 each, postal ballot outcome announced in June 2025, unaudited Q1 FY26 results in August 2025, audited FY25 results with balance sheet filing in May 2025, the 38th AGM on July 21, 2025, and a scheduled board meeting on November 10, 2025 for Q2 results.