Ajcon Global

Who are the top shareholders of the Ajcon Global?

The top shareholders of Ajcon Global include promoter Ashok Manikchand Ajmera with 12.26%, individual investors at 22.13%, and Pushpanjali Tie-up Pvt. Ltd. at 2.06%. There are no foreign institutional investors or pledged promoter holdings.

The top shareholders of Ajcon Global include the promoters, with Ashok Manikchand Ajmera holding the highest stake at 12.26%. Additionally, there is a significant portion of individual investor holdings, which account for 22.13%. The highest public shareholder is Pushpanjali Tie-up Pvt. Ltd., holding 2.06%. There are also two mutual fund schemes that collectively hold 0.85%, but there are no foreign institutional investors (FIIs) involved in the company. Notably, there are no pledged promoter holdings.

When is the next results date for Ajcon Global?

No Upcoming Board Meetings

Who are in the management team of Ajcon Global?

As of March 2023, the management team of Ajcon Global includes Ashok Kumar Ajmera (Chairman and Managing Director & CEO), Ankit Ajmera (Executive Director & CFO), Anuj Ajmera (Executive Director), and three Independent Directors: Samir Biswas, Narayan Atal, and Ragini Chokshi, along with Pushpraj Pandey (Company Secretary & Compliance Officer).

As of March 2023, the management team of Ajcon Global includes:<BR><BR>- Ashok Kumar Ajmera, who serves as the Chairman and Managing Director & CEO.<BR>- Ankit Ajmera, who is the Executive Director & CFO.<BR>- Anuj Ajmera, who holds the position of Executive Director.<BR>- Samir Biswas, an Independent Director.<BR>- Narayan Atal, also an Independent Director.<BR>- Ragini Chokshi, another Independent Director.<BR>- Pushpraj Pandey, who is the Company Secretary & Compliance Officer.<BR><BR>These individuals play key roles in the governance and management of the company.

What does Ajcon Global do?

Ajcon Global Services Ltd is a Non Banking Financial Company (NBFC) based in Mumbai, specializing in stock broking, corporate advisory, and merchant banking. As of March 2025, it reported net sales of 3 Cr and a net loss of 1 Cr, with a market cap of Rs 53 Cr.

Overview:<BR>Ajcon Global Services Ltd is a Non Banking Financial Company (NBFC) operating in the micro-cap market, specializing in stock broking, corporate advisory, merchant banking, and depository participant services.<BR><BR>History:<BR>The company was incorporated in 1986 in Mumbai as Ajmera Financials and Project Consultants Pvt. Ltd. It initially focused on consulting entrepreneurs and established companies in new projects and raising financial resources. In 1994, the company diversified its business by entering the capital markets. The latest quarterly results reported net sales and net profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>Most recent Net Sales: 3 Cr (Quarterly Results - Mar 2025) <BR>Most recent Net Profit: -1 Cr (Quarterly Results - Mar 2025) <BR>Market-cap value: Rs 53 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>P/E: 44.00 <BR>Industry P/E: 23 <BR>Dividend Yield: 0.00% <BR>Debt-Equity: 0.46 <BR>Return on Equity: 6.04% <BR>Price to Book: 1.83 <BR><BR>Contact Details:<BR>Address: 408 A-Wing Express Zone, W E Highway Goregaon (E) Mumbai Maharashtra : 400063 <BR>Email: investorgrievance@ajcon.net/ajcon@a <BR>Website: http://www.ajcononline.com

Has Ajcon Global declared dividend?

Ajcon Global Services Ltd has declared a 5% dividend, amounting to 0.4700 per share, with an ex-date of February 6, 2008. However, the dividend yield is 0%, as it has not contributed to returns in recent periods, which have shown significant price appreciation instead.

Ajcon Global Services Ltd has declared a 5% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.4700<BR>- Ex-date: 06 Feb 08<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6-month period, the price return was 19.75%, the dividend return was 0%, resulting in a total return of 19.75%.<BR><BR>In the 1-year period, the price return was 144.08%, the dividend return was 0%, leading to a total return of 144.08%.<BR><BR>In the 2-year period, the price return was 140.76%, the dividend return was 0%, culminating in a total return of 140.76%.<BR><BR>In the 3-year period, the price return was 140.36%, the dividend return was 0%, resulting in a total return of 140.36%.<BR><BR>In the 4-year period, the price return was 333.25%, the dividend return was 0%, leading to a total return of 333.25%.<BR><BR>In the 5-year period, the price return was 304.91%, the dividend return was 0%, culminating in a total return of 304.91%.<BR><BR>Overall, Ajcon Global has declared a dividend, but the dividend yield is 0%, indicating that while there was a dividend declared, it has not contributed to returns in recent periods. The total returns over various periods show significant price appreciation, reflecting strong performance in the stock price despite the lack of ongoing dividends.

Who are the peers of the Ajcon Global?

Ajcon Global's peers include Bajaj Finance, Jio Financial, Cholaman.Inv.&Fn, Shriram Finance, Muthoot Finance, Anupam Finserv, IndiaNivesh, Kiduja India, and Nalin Lease Fin. Ajcon Global leads with a 1-year return of 126.90%, significantly outperforming its peers, while Kiduja India has the lowest return at -93.46%.

Peers: The peers of Ajcon Global are Bajaj Finance, Jio Financial, Cholaman.Inv.&Fn, Shriram Finance, Muthoot Finance, Anupam Finserv, IndiaNivesh, Kiduja India, Nalin Lease Fin.<BR><BR>Quality Snapshot: Excellent management risk is observed at Bajaj Finance, Cholaman.Inv.&Fn, Muthoot Finance, while Average management risk is found at Jio Financial, Shriram Finance, and the rest. Good growth is noted at Bajaj Finance, Cholaman.Inv.&Fn, Shriram Finance, while Excellent growth is seen at Jio Financial, IndiaNivesh, Anupam Finserv, and the rest. Ajcon Global, Anupam Finserv, IndiaNivesh, Nalin Lease Fin. exhibit Below Average management risk, while Kiduja India does not qualify.<BR><BR>Return Snapshot: Ajcon Global has the highest 1-year return at 126.90%, while Kiduja India has the lowest at -93.46%. Ajcon Global's return significantly outperforms all peers. Additionally, Kiduja India and IndiaNivesh have negative six-month returns.

Is Ajcon Global overvalued or undervalued?

As of December 6, 2024, Ajcon Global is considered very expensive with a PE ratio of 53.00 and an EV to EBITDA of 35.69, significantly higher than its peers, despite a remarkable 1-year return of 212.06% compared to the Sensex's 7.58%.

As of 6 December 2024, Ajcon Global's valuation grade has moved from expensive to very expensive, indicating a significant increase in perceived valuation. The company is currently assessed as overvalued based on its high ratios, including a PE ratio of 53.00, an EV to EBITDA of 35.69, and a Price to Book Value of 2.21. These figures suggest that the stock is trading at a premium compared to its earnings and book value.<BR><BR>In comparison to its peers, Ajcon Global's valuation stands out as particularly high, especially when juxtaposed with Life Insurance, which has a PE ratio of 12.54 and an EV to EBITDA of 9.89, indicating a more attractive valuation. Other peers like Bajaj Finance also reflect a very expensive status with a PE ratio of 35.01, but still significantly lower than Ajcon's metrics. Notably, Ajcon Global has outperformed the Sensex in recent periods, with a staggering 1-year return of 212.06% compared to the Sensex's 7.58%, further emphasizing the disparity in valuation versus performance.

What is the technical trend for Ajcon Global?

As of June 3, 2025, Ajcon Global's technical trend is bullish, supported by positive signals from the weekly MACD and Bollinger Bands, despite some short-term weakness indicated by the weekly RSI and a mildly bearish KST.

As of 3 June 2025, the technical trend for Ajcon Global has changed from mildly bullish to bullish. The weekly MACD and Bollinger Bands indicate a bullish stance, while the daily moving averages also support this bullish outlook. However, the weekly RSI is bearish, suggesting some short-term weakness. The KST shows a mildly bearish signal on the weekly timeframe but remains bullish monthly, and Dow Theory reflects a mildly bullish sentiment on both weekly and monthly charts. Overall, the current technical stance is bullish with moderate strength, driven primarily by the positive signals from MACD and Bollinger Bands.

How big is Ajcon Global?

As of 24th July, Ajcon Global Services Ltd has a market capitalization of 73.00 Cr, with Net Sales of 17.16 Cr and a Net Profit of 0.55 Cr over the latest four quarters. The company has Shareholder's Funds of 25.14 Cr and Total Assets of 40.00 Cr.

As of 24th July, Ajcon Global Services Ltd has a market capitalization of 73.00 Cr, categorizing it as a Micro Cap company.<BR><BR>In the latest four quarters, Ajcon Global reported Net Sales of 17.16 Cr and a Net Profit of 0.55 Cr.<BR><BR>For the latest annual period, the company has Shareholder's Funds amounting to 25.14 Cr and Total Assets of 40.00 Cr.

Are Ajcon Global latest results good or bad?

Ajcon Global's latest results show strong revenue growth, with net sales up 303.83% quarter-on-quarter, but profitability is a concern, as net profit declined 59.72% year-on-year and profit margins dropped significantly. Overall, while revenue growth is positive, the declining profitability indicates underlying challenges.

Ajcon Global's latest results present a mixed picture. On one hand, the company achieved significant revenue growth, with net sales increasing by an impressive 303.83% quarter-on-quarter to ₹10.54 crores, marking its highest quarterly revenue ever. Year-on-year, sales also rose by 78.95%. <BR><BR>However, this strong revenue growth did not translate into proportional profit growth. The net profit for the quarter was ₹0.29 crores, reflecting a 52.63% increase from the previous quarter but a concerning decline of 59.72% compared to the same quarter last year. Additionally, the profit after tax (PAT) margin dropped significantly to 2.84%, down from 7.48% in the previous quarter and 12.39% a year ago, indicating that the company is facing challenges in maintaining profitability despite higher sales.<BR><BR>Moreover, the return on equity (ROE) stands at a low 6.17%, which raises concerns about the company's capital efficiency. Overall, while the revenue growth is a positive sign, the substantial margin compression and declining profitability metrics suggest that the results are not entirely favorable and highlight underlying challenges in sustaining profitability.

Should I buy, sell or hold Ajcon Global?

How has been the historical performance of Ajcon Global?

Ajcon Global has experienced significant fluctuations in financial performance, with net sales declining from INR 41.46 crore in March 2022 to INR 16.60 crore in March 2025, while total assets and liabilities increased. Operating profit and net profit also decreased, culminating in negative cash flow from operating activities in March 2025.

Answer:<BR>The historical performance of Ajcon Global shows significant fluctuations in key financial metrics over the years.<BR><BR>Breakdown:<BR>Ajcon Global's net sales have seen a decline from INR 41.46 crore in March 2022 to INR 16.60 crore in March 2025, with a notable increase from INR 8.51 crore in March 2023 to INR 15.99 crore in March 2024. Total operating income mirrored this trend, peaking at INR 47.83 crore in March 2021 before dropping to INR 16.60 crore in March 2025. The total expenditure, excluding depreciation, decreased from INR 46.07 crore in March 2021 to INR 14.85 crore in March 2025, while operating profit (PBDIT) fluctuated, reaching a high of INR 3.66 crore in March 2022 and falling to INR 1.96 crore in March 2025. Profit before tax also varied, peaking at INR 2.70 crore in March 2022 and dropping to INR 0.79 crore in March 2025. The profit after tax followed a similar pattern, decreasing from INR 2.18 crore in March 2022 to INR 0.57 crore in March 2025. The company’s total assets increased from INR 34.87 crore in March 2022 to INR 40.00 crore in March 2025, while total liabilities rose from INR 34.87 crore to INR 40.00 crore in the same period. Cash flow from operating activities turned negative in March 2025 at INR -1.00 crore, contrasting with positive cash flows in previous years. Overall, Ajcon Global's financial performance reflects a challenging environment with significant revenue and profit volatility.

Why is Ajcon Global Services Ltd falling/rising?

As of 18-Jan, Ajcon Global Services Ltd's stock price is rising to 6.57, marking a 3.96% increase after two days of decline, indicating a potential trend reversal. Despite this short-term rebound and outperformance against its sector, concerns about falling investor participation and longer-term moving averages suggest it may still be in a recovery phase.

As of 18-Jan, Ajcon Global Services Ltd's stock price is rising, currently at 6.57, with a change of 0.25, which represents a 3.96% increase. This upward movement is notable as it comes after two consecutive days of decline, indicating a potential trend reversal. Additionally, the stock has outperformed its sector by 3.71% today, suggesting positive momentum relative to its peers.<BR><BR>In terms of performance over different periods, the stock has shown a 2.82% increase over the past week, contrasting with a slight decline in the Sensex, which has remained nearly flat at -0.01%. Year-to-date, the stock has also gained 2.34%, while the Sensex has decreased by 1.94%. However, it is important to note that the stock has experienced a significant decline of 13.78% over the past month.<BR><BR>Despite the current rise, there are concerns regarding falling investor participation, as evidenced by a 43.08% drop in delivery volume compared to the 5-day average. This decline in participation could indicate a lack of sustained interest from investors. Furthermore, while the stock is currently above its 5-day and 20-day moving averages, it remains below its longer-term moving averages (50-day, 100-day, and 200-day), which may suggest that the stock is still in a recovery phase rather than a strong upward trend.<BR><BR>Overall, the recent rise in Ajcon Global Services Ltd's stock price can be attributed to a short-term rebound after previous declines and relative outperformance against its sector, despite some underlying concerns regarding investor engagement and longer-term moving averages.

Which are the latest news on Ajcon Global?