AION-Tech Solutions Ltd.
•₹ 49.654.99%
2026-08-21
ABOUT
KEY POINTS
Revenue Breakup Mar 2025 • Software Licenses: 84.3% • Information Technology & Information Technology Enabled Services (India): 13.3% • Goods Transport: 2.5%
PROS
- Company is almost debt free
- Company has delivered good sales growth of 15.8% CAGR over last 5 years
- Company comfortably covers its interest (13.1x coverage)
- Institutional investors have been accumulating - FII+DII up 6.3pp
CONS
- Company is loss-making at the operating / net level
- Recent results are weak - TTM profit is down 156.5% versus prior year
- Operating cash flow has been negative in recent years
- Company has a low return on equity of 3.2% over last 3 years
- Company has a low return on capital employed of 6.1%
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -2.36x)
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | TCS | 2287.00 | 16.62 | 827456.62 | 4.81 | 13420.00 | 4.69 | 72275.00 | 13.93 | 66.25 | 25.67 |
| 2. | INFY | 1117.05 | 14.97 | 453305.21 | 4.30 | 7775.00 | 12.29 | 48211.00 | 14.03 | 42.84 | 23.66 |
| 3. | HCLTECH | 1322.50 | 20.60 | 358882.21 | 4.08 | 4626.00 | 20.34 | 34579.00 | 13.94 | 31.20 | 19.87 |
| 4. | WIPRO | 179.50 | 13.45 | 177780.78 | 6.13 | 3356.30 | 0.59 | 24478.60 | 10.59 | 18.49 | 18.93 |
| 5. | TECHM | 1582.20 | 30.20 | 155076.76 | 3.22 | 1486.30 | 31.67 | 15711.90 | 17.68 | 23.04 | 17.43 |
| 6. | LTM | 4535.00 | 25.72 | 134517.77 | 1.65 | 1468.60 | 17.06 | 11608.00 | 17.96 | 30.25 | 17.75 |
| 7. | OFSS | 11720.00 | 29.90 | 102061.42 | 3.41 | 1415.50 | 120.52 | 3125.20 | 68.73 | 45.50 | 60.04 |
| 8. | PERSISTENT | 5510.00 | 45.20 | 86920.25 | 0.73 | 483.04 | 13.67 | 4303.23 | 29.09 | 35.09 | 16.19 |
| 9. | COFORGE | 1815.00 | 45.76 | 80390.07 | 0.87 | 531.70 | 49.19 | 5527.70 | 49.86 | 24.70 | 19.14 |
| 10. | MPHASIS | 2420.00 | 24.18 | 46192.17 | 2.56 | 489.51 | 10.82 | 4384.05 | 17.46 | 23.31 | 18.15 |
| 11. | LTTS | 3538.70 | 28.44 | 37537.66 | 1.64 | 3571.00 | 1029.71 | 29401.00 | 1014.73 | 27.70 | 18.65 |
| 12. | GOLDTECH | 47.63 | 0.00 | 248.92 | 0.00 | -2.60 | -143.83 | 27.02 | 40.45 | 16.07 | 4.97 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 19 | 25 | 26 | 23 | 18 | 20 | 22 | 29 | 19 | 33 | 41 | 42 | 270 | |
| 19 | 25 | 26 | 24 | 17 | 23 | 22 | 29 | 23 | 30 | 37 | 35 | 307 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 2 | 11 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 2 | 3 | 20 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 2 | 3 | 4 | 9 | 30 |
| -0 | -0 | -0 | -1 | -0 | 12 | -0 | 1 | 8 | -0 | -1 | -4 | -26 | |
| Tax % | -65.00% | -17.65% | -170.59% | 21.28% | -175.00% | 16.48% | -528.57% | 42.52% | 26.70% | -0.00% | -51.72% | 29.87% | -0.12% |
| Net Profit | 0 | 0 | 0 | 0 | -0 | 10 | -0 | 1 | 6 | -0 | -2 | -3 | -26 |
| -0 | -0 | -0 | -0 | -0 | 3 | -0 | 0 | 1 | -0 | -0 | -1 | -0 | |
| Equity Capital | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 52 | 52 | 52 | 52 | 523 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 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% |
| Equity Capital | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 35 | 52 | 52 | 52 | 52 | 523 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 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% |
Jun 2023
- 19
- 19
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- -65.00%
- Net Profit
- 0
- -0
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 25
- 25
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- -17.65%
- Net Profit
- 0
- -0
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 26
- 26
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- -170.59%
- Net Profit
- 0
- -0
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 23
- 24
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- -1
- Tax %
- 21.28%
- Net Profit
- 0
- -0
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 18
- 17
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- -0
- Tax %
- -175.00%
- Net Profit
- -0
- -0
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 20
- 23
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 12
- Tax %
- 16.48%
- Net Profit
- 10
- 3
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 22
- 22
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- -0
- Tax %
- -528.57%
- Net Profit
- -0
- -0
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 29
- 29
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 42.52%
- Net Profit
- 1
- 0
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 19
- 23
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 2
- 8
- Tax %
- 26.70%
- Net Profit
- 6
- 1
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 33
- 30
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 1
- Depreciation
- 3
- -0
- Tax %
- -0.00%
- Net Profit
- -0
- -0
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 41
- 37
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 2
- Depreciation
- 4
- -1
- Tax %
- -51.72%
- Net Profit
- -2
- -0
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 42
- 35
- Operating Profit
- —
- OPM %
- —
- Other Income
- 2
- Interest
- 3
- Depreciation
- 9
- -4
- Tax %
- 29.87%
- Net Profit
- -3
- -1
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 270
- 307
- Operating Profit
- —
- OPM %
- —
- Other Income
- 11
- Interest
- 20
- Depreciation
- 30
- -26
- Tax %
- -0.12%
- Net Profit
- -26
- -0
- Equity Capital
- 523
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 523
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 52 | 37 | 36 | 42 | 43 | 50 | 61 | 93 | 93 | 89 | 143 | |
| 52 | 38 | 35 | 41 | 42 | 50 | 62 | 91 | 93 | 92 | 133 | |
| Operating Profit | -0 | -1 | 1 | 1 | 1 | 0 | 1 | 3 | 1 | 1 | — |
| OPM % | -0 | -2 | 2 | 2 | 2 | 1 | 2 | 3 | 1 | 1 | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 1 | 1 | 3 | 5 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 7 |
| Depreciation | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 20 |
| -5 | -1 | 0 | 0 | 0 | -0 | 1 | 2 | -2 | 13 | -8 | |
| Tax % | 76 | 92 | -774 | 713 | 280 | -416 | 41 | 72 | -33 | 24 | 7 |
| Net Profit | -1 | -0 | 2 | -1 | -0 | -1 | 1 | 0 | -2 | 10 | -8 |
| EPS | 0 | 0 | 0 | 0 | 0 | -0 | 0 | 0 | -1 | 3 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -1 | -0 | 1 | -0 | -0 | -0 | 0 | 0 | -1 | 3 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -1 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -1 | -0 | 1 | -0 | -0 | -0 | 0 | 0 | -1 | 3 | — |
Mar 2016
- 52
- 52
- Operating Profit
- -0
- OPM %
- -0
- Other Income
- 0
- Interest
- 0
- Depreciation
- 5
- -5
- Tax %
- 76
- Net Profit
- -1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2017
- 37
- 38
- Operating Profit
- -1
- OPM %
- -2
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -1
- Tax %
- 92
- Net Profit
- -0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2018
- 36
- 35
- Operating Profit
- 1
- OPM %
- 2
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- -774
- Net Profit
- 2
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2019
- 42
- 41
- Operating Profit
- 1
- OPM %
- 2
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 713
- Net Profit
- -1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2020
- 43
- 42
- Operating Profit
- 1
- OPM %
- 2
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 280
- Net Profit
- -0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2021
- 50
- 50
- Operating Profit
- 0
- OPM %
- 1
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- -416
- Net Profit
- -1
- EPS
- -0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -0
Mar 2022
- 61
- 62
- Operating Profit
- 1
- OPM %
- 2
- Other Income
- 3
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 41
- Net Profit
- 1
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2023
- 93
- 91
- Operating Profit
- 3
- OPM %
- 3
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- 2
- Tax %
- 72
- Net Profit
- 0
- EPS
- 0
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 0
Mar 2024
- 93
- 93
- Operating Profit
- 1
- OPM %
- 1
- Other Income
- 1
- Interest
- 1
- Depreciation
- 2
- -2
- Tax %
- -33
- Net Profit
- -2
- EPS
- -1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- -1
Mar 2025
- 89
- 92
- Operating Profit
- 1
- OPM %
- 1
- Other Income
- 3
- Interest
- 1
- Depreciation
- 2
- 13
- Tax %
- 24
- Net Profit
- 10
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
TTM
- 143
- 133
- Operating Profit
- —
- OPM %
- —
- Other Income
- 5
- Interest
- 7
- Depreciation
- 20
- -8
- Tax %
- 7
- Net Profit
- -8
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- -1
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 2%
- 5 Years:
- 16%
- 3 Years:
- 13%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 169%
STOCK PRICE CAGR
- 10 Years:
- 19%
- 5 Years:
- 29%
- 3 Years:
- -18%
- 1 Year:
- -34%
RETURN ON EQUITY
- 10 Years:
- 1%
- 5 Years:
- 2%
- 3 Years:
- 3%
- Last Year:
- 12%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| LIABILITIES | - | - | - | - | - | - | - | - | - | - |
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 19 | 35 | 35 | 35 | 35 |
| 49 | 23 | 24 | 25 | 26 | 25 | 33 | 35 | 32 | 61 | |
| 12 | 1 | 2 | 2 | 4 | 0 | 4 | 6 | 10 | 2 | |
| Trade Payables | 4 | 4 | 4 | 5 | 7 | 6 | 9 | 9 | 12 | 13 |
| 7 | 17 | 8 | 9 | 10 | 9 | 8 | 14 | 16 | 19 | |
| Total Liabilities | 91 | 63 | 57 | 59 | 65 | 59 | 88 | 98 | 105 | 131 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 30 | 20 | 19 | 20 | 19 | 19 | 19 | 25 | 27 | 21 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 7 | 7 | 15 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 22 | 19 | |
| Cash & Bank | 17 | 15 | 6 | 5 | 4 | 2 | 33 | 16 | 20 | 29 |
| 44 | 28 | 32 | 35 | 42 | 38 | 36 | 50 | 29 | 46 | |
| Total Assets | 91 | 63 | 57 | 59 | 65 | 59 | 88 | 98 | 105 | 131 |
| Total Debt | 12 | 1 | 2 | 2 | 4 | 0 | 4 | 6 | 10 | 2 |
| Net Working Capital | 6 | 33 | 27 | 28 | 30 | 29 | 52 | 44 | 37 | 44 |
| Contingent Liabilities | 1 | 110 | 108 | 126 | 125 | 112 | 112 | 92 | 0 | 0 |
| Book Value per Share | 35.97 | 22.06 | 22.98 | 23.17 | 23.78 | 23.37 | 19.52 | 19.98 | 19.40 | 27.72 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 12 | 1 | 2 | 2 | 4 | 0 | 4 | 6 | 10 | 2 |
| Net Working Capital | 6 | 33 | 27 | 28 | 30 | 29 | 52 | 44 | 37 | 44 |
| Contingent Liabilities | 1 | 110 | 108 | 126 | 125 | 112 | 112 | 92 | 0 | 0 |
| Book Value per Share | 35.97 | 22.06 | 22.98 | 23.17 | 23.78 | 23.37 | 19.52 | 19.98 | 19.40 | 27.72 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2016
- Equity Capital
- 19
- 49
- 12
- Trade Payables
- 4
- 7
- Total Liabilities
- 91
- 30
- 0
- 0
- Cash & Bank
- 17
- 44
- Total Assets
- 91
- Total Debt
- 12
- Net Working Capital
- 6
- Contingent Liabilities
- 1
- Book Value per Share
- 35.97
- Face Value
- 10.00
- Total Debt
- 12
- Net Working Capital
- 6
- Contingent Liabilities
- 1
- Book Value per Share
- 35.97
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 19
- 23
- 1
- Trade Payables
- 4
- 17
- Total Liabilities
- 63
- 20
- 0
- 0
- Cash & Bank
- 15
- 28
- Total Assets
- 63
- Total Debt
- 1
- Net Working Capital
- 33
- Contingent Liabilities
- 110
- Book Value per Share
- 22.06
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 33
- Contingent Liabilities
- 110
- Book Value per Share
- 22.06
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 19
- 24
- 2
- Trade Payables
- 4
- 8
- Total Liabilities
- 57
- 19
- 0
- 0
- Cash & Bank
- 6
- 32
- Total Assets
- 57
- Total Debt
- 2
- Net Working Capital
- 27
- Contingent Liabilities
- 108
- Book Value per Share
- 22.98
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- 27
- Contingent Liabilities
- 108
- Book Value per Share
- 22.98
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 19
- 25
- 2
- Trade Payables
- 5
- 9
- Total Liabilities
- 59
- 20
- 0
- 0
- Cash & Bank
- 5
- 35
- Total Assets
- 59
- Total Debt
- 2
- Net Working Capital
- 28
- Contingent Liabilities
- 126
- Book Value per Share
- 23.17
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- 28
- Contingent Liabilities
- 126
- Book Value per Share
- 23.17
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 19
- 26
- 4
- Trade Payables
- 7
- 10
- Total Liabilities
- 65
- 19
- 0
- 0
- Cash & Bank
- 4
- 42
- Total Assets
- 65
- Total Debt
- 4
- Net Working Capital
- 30
- Contingent Liabilities
- 125
- Book Value per Share
- 23.78
- Face Value
- 10.00
- Total Debt
- 4
- Net Working Capital
- 30
- Contingent Liabilities
- 125
- Book Value per Share
- 23.78
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 19
- 25
- 0
- Trade Payables
- 6
- 9
- Total Liabilities
- 59
- 19
- 0
- 0
- Cash & Bank
- 2
- 38
- Total Assets
- 59
- Total Debt
- 0
- Net Working Capital
- 29
- Contingent Liabilities
- 112
- Book Value per Share
- 23.37
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 29
- Contingent Liabilities
- 112
- Book Value per Share
- 23.37
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 35
- 33
- 4
- Trade Payables
- 9
- 8
- Total Liabilities
- 88
- 19
- 0
- 0
- Cash & Bank
- 33
- 36
- Total Assets
- 88
- Total Debt
- 4
- Net Working Capital
- 52
- Contingent Liabilities
- 112
- Book Value per Share
- 19.52
- Face Value
- 10.00
- Total Debt
- 4
- Net Working Capital
- 52
- Contingent Liabilities
- 112
- Book Value per Share
- 19.52
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 35
- 35
- 6
- Trade Payables
- 9
- 14
- Total Liabilities
- 98
- 25
- 7
- 0
- Cash & Bank
- 16
- 50
- Total Assets
- 98
- Total Debt
- 6
- Net Working Capital
- 44
- Contingent Liabilities
- 92
- Book Value per Share
- 19.98
- Face Value
- 10.00
- Total Debt
- 6
- Net Working Capital
- 44
- Contingent Liabilities
- 92
- Book Value per Share
- 19.98
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 35
- 32
- 10
- Trade Payables
- 12
- 16
- Total Liabilities
- 105
- 27
- 7
- 22
- Cash & Bank
- 20
- 29
- Total Assets
- 105
- Total Debt
- 10
- Net Working Capital
- 37
- Contingent Liabilities
- 0
- Book Value per Share
- 19.40
- Face Value
- 10.00
- Total Debt
- 10
- Net Working Capital
- 37
- Contingent Liabilities
- 0
- Book Value per Share
- 19.40
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 35
- 61
- 2
- Trade Payables
- 13
- 19
- Total Liabilities
- 131
- 21
- 15
- 19
- Cash & Bank
- 29
- 46
- Total Assets
- 131
- Total Debt
- 2
- Net Working Capital
- 44
- Contingent Liabilities
- 0
- Book Value per Share
- 27.72
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- 44
- Contingent Liabilities
- 0
- Book Value per Share
- 27.72
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 | -4 | -9 | -0 | -3 | 2 | 8 | -11 | 4 | -12 | |
| Cash from Investing | 0 | 0 | -0 | -0 | 0 | 0 | -35 | 4 | -8 | 20 |
| Cash from Financing | -2 | 1 | 0 | -0 | 1 | -4 | 26 | 6 | 4 | -7 |
| 0 | -2 | -9 | -1 | -1 | -2 | -1 | 0 | -0 | 1 | |
| Free Cash Flow | 2 | -4 | -9 | -1 | -3 | 2 | 7 | -19 | -0 | -12 |
| OCF / Net Profit | -1.91 | 32.87 | -6.00 | 0.42 | 23.23 | -4.24 | 15.08 | -23.26 | -1.66 | -1.24 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -14 | -14 | -4 | -13 | -13 | -22 |
| OCF / Net Profit | -1.91 | 32.87 | -6.00 | 0.42 | 23.23 | -4.24 | 15.08 | -23.26 | -1.66 | -1.24 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -14 | -14 | -4 | -13 | -13 | -22 |
Mar 2016
- 2
- Cash from Investing
- 0
- Cash from Financing
- -2
- 0
- Free Cash Flow
- 2
- OCF / Net Profit
- -1.91
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.91
- Cumulative 5-Year FCF
- 0
Mar 2017
- -4
- Cash from Investing
- 0
- Cash from Financing
- 1
- -2
- Free Cash Flow
- -4
- OCF / Net Profit
- 32.87
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 32.87
- Cumulative 5-Year FCF
- 0
Mar 2018
- -9
- Cash from Investing
- -0
- Cash from Financing
- 0
- -9
- Free Cash Flow
- -9
- OCF / Net Profit
- -6.00
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -6.00
- Cumulative 5-Year FCF
- 0
Mar 2019
- -0
- Cash from Investing
- -0
- Cash from Financing
- -0
- -1
- Free Cash Flow
- -1
- OCF / Net Profit
- 0.42
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.42
- Cumulative 5-Year FCF
- 0
Mar 2020
- -3
- Cash from Investing
- 0
- Cash from Financing
- 1
- -1
- Free Cash Flow
- -3
- OCF / Net Profit
- 23.23
- Cumulative 5-Year FCF
- -14
- OCF / Net Profit
- 23.23
- Cumulative 5-Year FCF
- -14
Mar 2021
- 2
- Cash from Investing
- 0
- Cash from Financing
- -4
- -2
- Free Cash Flow
- 2
- OCF / Net Profit
- -4.24
- Cumulative 5-Year FCF
- -14
- OCF / Net Profit
- -4.24
- Cumulative 5-Year FCF
- -14
Mar 2022
- 8
- Cash from Investing
- -35
- Cash from Financing
- 26
- -1
- Free Cash Flow
- 7
- OCF / Net Profit
- 15.08
- Cumulative 5-Year FCF
- -4
- OCF / Net Profit
- 15.08
- Cumulative 5-Year FCF
- -4
Mar 2023
- -11
- Cash from Investing
- 4
- Cash from Financing
- 6
- 0
- Free Cash Flow
- -19
- OCF / Net Profit
- -23.26
- Cumulative 5-Year FCF
- -13
- OCF / Net Profit
- -23.26
- Cumulative 5-Year FCF
- -13
Mar 2024
- 4
- Cash from Investing
- -8
- Cash from Financing
- 4
- -0
- Free Cash Flow
- -0
- OCF / Net Profit
- -1.66
- Cumulative 5-Year FCF
- -13
- OCF / Net Profit
- -1.66
- Cumulative 5-Year FCF
- -13
Mar 2025
- -12
- Cash from Investing
- 20
- Cash from Financing
- -7
- 1
- Free Cash Flow
- -12
- OCF / Net Profit
- -1.24
- Cumulative 5-Year FCF
- -22
- OCF / Net Profit
- -1.24
- Cumulative 5-Year FCF
- -22
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -0.64 | -0.06 | 0.81 | -0.47 | -0.07 | -0.31 | 0.15 | 0.13 | -0.63 | 2.86 |
| Book Value (₹) | 35.97 | 22.06 | 22.98 | 23.17 | 23.78 | 23.37 | 19.52 | 19.98 | 19.40 | 27.72 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 1.82 | 0.16 | 1.01 | -0.27 | 0.11 | -0.13 | 0.26 | 0.37 | -0.14 | 3.54 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | -0.22% | -2.40% | 2.45% | 1.98% | 1.72% | 0.92% | 2.28% | 3.22% | -0.18% | -2.99% |
| Net Margin % | -2.30% | -0.30% | 4.27% | -2.11% | -0.30% | -1.15% | 0.83% | 0.49% | -2.34% | 11.14% |
| ROE % | -1.75% | -0.20% | 3.60% | -2.02% | -0.29% | -1.29% | 0.91% | 0.67% | -3.20% | 12.16% |
| ROCE % | -5.88% | -2.12% | 1.12% | 1.00% | 0.85% | 0.27% | 1.76% | 2.97% | -0.82% | 16.07% |
| -1.27% | -0.14% | 2.53% | -1.50% | -0.21% | -0.92% | 0.69% | 0.49% | -2.15% | 8.40% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 59 | 59 | 72 | 73 | 88 | 80 | 69 | 72 | 89 | 85 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 433 | 389 | 289 | 141 | 133 | 99 | 75 | 50 | 58 | 69 |
| -375 | -329 | -217 | -68 | -45 | -19 | -6 | 22 | 31 | 15 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.17x | 0.03x | 0.05x | 0.05x | 0.09x | 0.00x | 0.06x | 0.09x | 0.14x | 0.02x |
| Interest Coverage (x) | -18.71x | -15.44x | 1.54x | 1.46x | 1.21x | 0.53x | 6.66x | 3.99x | -0.61x | 13.14x |
| 1.29x | 4.47x | 3.49x | 3.40x | 2.84x | 3.54x | 4.14x | 3.09x | 2.25x | 2.58x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -25.44% | -28.50% | -4.19% | 16.67% | 2.92% | 16.94% | 21.82% | 52.59% | 0.34% | -4.69% |
| Operating Profit Growth % | -101.71% | -693.95% | 197.76% | -5.73% | -10.81% | -37.47% | 203.27% | 115.23% | -63.89% | -29.48% |
| Net Profit Growth % | 56.18% | 90.80% | 1482.73% | -157.66% | 85.40% | -347.66% | 188.66% | -10.24% | -578.29% | 554.01% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -578.15% | 554.01% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 18.29x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 6.63x | 1.89x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 400.98x | 202.21x |
Mar 2016
- EPS (₹)
- -0.64
- Book Value (₹)
- 35.97
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.82
- Operating Margin %
- -0.22%
- Net Margin %
- -2.30%
- ROE %
- -1.75%
- ROCE %
- -5.88%
- -1.27%
- Debtor Days
- 59
- Inventory Days
- 0
- Payable Days
- 433
- -375
- Debt to Equity (x)
- 0.17x
- Interest Coverage (x)
- -18.71x
- 1.29x
- Revenue Growth %
- -25.44%
- Operating Profit Growth %
- -101.71%
- Net Profit Growth %
- 56.18%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- -0.06
- Book Value (₹)
- 22.06
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.16
- Operating Margin %
- -2.40%
- Net Margin %
- -0.30%
- ROE %
- -0.20%
- ROCE %
- -2.12%
- -0.14%
- Debtor Days
- 59
- Inventory Days
- 0
- Payable Days
- 389
- -329
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- -15.44x
- 4.47x
- Revenue Growth %
- -28.50%
- Operating Profit Growth %
- -693.95%
- Net Profit Growth %
- 90.80%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 0.81
- Book Value (₹)
- 22.98
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.01
- Operating Margin %
- 2.45%
- Net Margin %
- 4.27%
- ROE %
- 3.60%
- ROCE %
- 1.12%
- 2.53%
- Debtor Days
- 72
- Inventory Days
- 0
- Payable Days
- 289
- -217
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 1.54x
- 3.49x
- Revenue Growth %
- -4.19%
- Operating Profit Growth %
- 197.76%
- Net Profit Growth %
- 1482.73%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- -0.47
- Book Value (₹)
- 23.17
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.27
- Operating Margin %
- 1.98%
- Net Margin %
- -2.11%
- ROE %
- -2.02%
- ROCE %
- 1.00%
- -1.50%
- Debtor Days
- 73
- Inventory Days
- 0
- Payable Days
- 141
- -68
- Debt to Equity (x)
- 0.05x
- Interest Coverage (x)
- 1.46x
- 3.40x
- Revenue Growth %
- 16.67%
- Operating Profit Growth %
- -5.73%
- Net Profit Growth %
- -157.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- -0.07
- Book Value (₹)
- 23.78
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.11
- Operating Margin %
- 1.72%
- Net Margin %
- -0.30%
- ROE %
- -0.29%
- ROCE %
- 0.85%
- -0.21%
- Debtor Days
- 88
- Inventory Days
- 0
- Payable Days
- 133
- -45
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 1.21x
- 2.84x
- Revenue Growth %
- 2.92%
- Operating Profit Growth %
- -10.81%
- Net Profit Growth %
- 85.40%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- -0.31
- Book Value (₹)
- 23.37
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.13
- Operating Margin %
- 0.92%
- Net Margin %
- -1.15%
- ROE %
- -1.29%
- ROCE %
- 0.27%
- -0.92%
- Debtor Days
- 80
- Inventory Days
- 0
- Payable Days
- 99
- -19
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 0.53x
- 3.54x
- Revenue Growth %
- 16.94%
- Operating Profit Growth %
- -37.47%
- Net Profit Growth %
- -347.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 0.15
- Book Value (₹)
- 19.52
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.26
- Operating Margin %
- 2.28%
- Net Margin %
- 0.83%
- ROE %
- 0.91%
- ROCE %
- 1.76%
- 0.69%
- Debtor Days
- 69
- Inventory Days
- 0
- Payable Days
- 75
- -6
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 6.66x
- 4.14x
- Revenue Growth %
- 21.82%
- Operating Profit Growth %
- 203.27%
- Net Profit Growth %
- 188.66%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 0.13
- Book Value (₹)
- 19.98
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.37
- Operating Margin %
- 3.22%
- Net Margin %
- 0.49%
- ROE %
- 0.67%
- ROCE %
- 2.97%
- 0.49%
- Debtor Days
- 72
- Inventory Days
- 0
- Payable Days
- 50
- 22
- Debt to Equity (x)
- 0.09x
- Interest Coverage (x)
- 3.99x
- 3.09x
- Revenue Growth %
- 52.59%
- Operating Profit Growth %
- 115.23%
- Net Profit Growth %
- -10.24%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- -0.63
- Book Value (₹)
- 19.40
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- -0.14
- Operating Margin %
- -0.18%
- Net Margin %
- -2.34%
- ROE %
- -3.20%
- ROCE %
- -0.82%
- -2.15%
- Debtor Days
- 89
- Inventory Days
- 0
- Payable Days
- 58
- 31
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- -0.61x
- 2.25x
- Revenue Growth %
- 0.34%
- Operating Profit Growth %
- -63.89%
- Net Profit Growth %
- -578.29%
- -578.15%
- P/E (x)
- 0.00x
- P/B (x)
- 6.63x
- Dividend Yield %
- 0.00%
- 400.98x
Mar 2025
- EPS (₹)
- 2.86
- Book Value (₹)
- 27.72
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.54
- Operating Margin %
- -2.99%
- Net Margin %
- 11.14%
- ROE %
- 12.16%
- ROCE %
- 16.07%
- 8.40%
- Debtor Days
- 85
- Inventory Days
- 0
- Payable Days
- 69
- 15
- Debt to Equity (x)
- 0.02x
- Interest Coverage (x)
- 13.14x
- 2.58x
- Revenue Growth %
- -4.69%
- Operating Profit Growth %
- -29.48%
- Net Profit Growth %
- 554.01%
- 554.01%
- P/E (x)
- 18.29x
- P/B (x)
- 1.89x
- Dividend Yield %
- 0.00%
- 202.21x
Documents
Announcements
- Copy of Newspaper Publication
2026-08-13 - AION-TECH SOLUTIONS LIMITED has informed the Exchange about Copy of Newspaper Publication
- Outcome of Board Meeting
2026-08-12 - AION-TECH SOLUTIONS LIMITED has submitted to the Exchange, the financial results for the period ended Jun 30, 2026.
Annual Reports
Credit Ratings
Nothing filed yet.
Concalls
Nothing filed yet.