AION-Tech Solutions Ltd.
•₹ 49.654.99%
2026-08-21
PROS
- Company has delivered good profit growth of 68.6% CAGR over last 5 years
- Company is almost debt free
- Company has delivered good sales growth of 19.8% CAGR over last 5 years
- Company comfortably covers its interest (25.4x coverage)
- Institutional investors have been accumulating - FII+DII up 6.3pp
CONS
- Operating cash flow has been negative in recent years
- Recent results are weak - TTM profit is down 71.5% versus prior year
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT -0.57x)
- Company has a low return on equity of 9.9% over last 3 years
- Rich enterprise valuation - EV/EBITDA of 29.3x
* 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
Standalone Figures in Rs. Crores / View Consolidated
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 14 | 20 | 23 | 22 | 16 | 19 | 22 | 29 | 16 | 20 | 29 | 35 | 149 | |
| 13 | 20 | 21 | 21 | 15 | 19 | 22 | 29 | 17 | 20 | 26 | 31 | 162 | |
| Operating Profit | — | — | — | — | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 1 | 1 | 1 | 1 | 9 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 2 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 5 |
| 0 | 0 | 2 | 1 | 1 | 16 | 0 | 1 | 13 | 0 | 3 | 4 | -3 | |
| Tax % | 43.33% | 13.64% | 34.32% | -31.82% | 30.43% | 12.39% | 411.11% | 41.86% | 16.97% | 0.00% | 23.08% | -21.83% | -0.86% |
| Net Profit | 0 | 0 | 1 | 1 | 0 | 14 | -0 | 1 | 11 | 0 | 2 | 5 | -4 |
| 0 | 0 | 0 | 0 | 0 | 4 | -0 | 0 | 2 | 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
- 14
- 13
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 43.33%
- Net Profit
- 0
- 0
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2023
- 20
- 20
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 0
- Tax %
- 13.64%
- Net Profit
- 0
- 0
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2023
- 23
- 21
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 34.32%
- Net Profit
- 1
- 0
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2024
- 22
- 21
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- -31.82%
- Net Profit
- 1
- 0
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2024
- 16
- 15
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 1
- Tax %
- 30.43%
- Net Profit
- 0
- 0
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 19
- 19
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 1
- 16
- Tax %
- 12.39%
- Net Profit
- 14
- 4
- 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 %
- 411.11%
- 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 %
- 41.86%
- Net Profit
- 1
- 0
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 35
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 16
- 17
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 13
- Tax %
- 16.97%
- Net Profit
- 11
- 2
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 20
- 20
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 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
- 29
- 26
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 3
- Tax %
- 23.08%
- Net Profit
- 2
- 0
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 35
- 31
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 4
- Tax %
- -21.83%
- Net Profit
- 5
- 1
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 52
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 149
- 162
- Operating Profit
- —
- OPM %
- —
- Other Income
- 9
- Interest
- 2
- Depreciation
- 5
- -3
- Tax %
- -0.86%
- Net Profit
- -4
- -0
- Equity Capital
- 523
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 523
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 24 | 22 | 25 | 34 | 35 | 42 | 55 | 75 | 79 | 87 | 99 | |
| 24 | 22 | 23 | 31 | 33 | 40 | 56 | 71 | 75 | 85 | 94 | |
| Operating Profit | 0 | 0 | 2 | 3 | 2 | 2 | 2 | 5 | 5 | 5 | — |
| OPM % | 1 | 2 | 9 | 10 | 5 | 6 | 3 | 7 | 6 | 6 | — |
| Other Income | 0 | 0 | 0 | 0 | 0 | 0 | 3 | 1 | 1 | 3 | 4 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 5 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 2 | 2 | 2 |
| -5 | -0 | 2 | 3 | 1 | 2 | 1 | 4 | 3 | 18 | 6 | |
| Tax % | 81 | 1,089 | -46 | 37 | 13 | 23 | 26 | 30 | 18 | 17 | -3 |
| Net Profit | -1 | 1 | 2 | 2 | 1 | 1 | 1 | 3 | 2 | 15 | 6 |
| EPS | 0 | 0 | 0 | 0 | 0 | 1 | 0 | 1 | 1 | 4 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -0 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 4 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | -0 | 1 | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 4 | — |
Mar 2016
- 24
- 24
- Operating Profit
- 0
- OPM %
- 1
- Other Income
- 0
- Interest
- 0
- Depreciation
- 5
- -5
- Tax %
- 81
- 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 2017
- 22
- 22
- Operating Profit
- 0
- OPM %
- 2
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- -0
- Tax %
- 1,089
- 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 2018
- 25
- 23
- Operating Profit
- 2
- OPM %
- 9
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- -46
- 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
- 34
- 31
- Operating Profit
- 3
- OPM %
- 10
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 3
- Tax %
- 37
- 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 2020
- 35
- 33
- Operating Profit
- 2
- OPM %
- 5
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 13
- 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 2021
- 42
- 40
- Operating Profit
- 2
- OPM %
- 6
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 23
- Net Profit
- 1
- 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 2022
- 55
- 56
- Operating Profit
- 2
- OPM %
- 3
- Other Income
- 3
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 26
- 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
- 75
- 71
- Operating Profit
- 5
- OPM %
- 7
- Other Income
- 1
- Interest
- 0
- Depreciation
- 1
- 4
- Tax %
- 30
- Net Profit
- 3
- 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 2024
- 79
- 75
- Operating Profit
- 5
- OPM %
- 6
- Other Income
- 1
- Interest
- 1
- Depreciation
- 2
- 3
- Tax %
- 18
- 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
- 87
- 85
- Operating Profit
- 5
- OPM %
- 6
- Other Income
- 3
- Interest
- 1
- Depreciation
- 2
- 18
- Tax %
- 17
- Net Profit
- 15
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
TTM
- 99
- 94
- Operating Profit
- —
- OPM %
- —
- Other Income
- 4
- Interest
- 1
- Depreciation
- 2
- 6
- Tax %
- -3
- Net Profit
- 6
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- 12%
- 5 Years:
- 20%
- 3 Years:
- 16%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- 69%
- 3 Years:
- 148%
STOCK PRICE CAGR
- 10 Years:
- 19%
- 5 Years:
- 29%
- 3 Years:
- -18%
- 1 Year:
- -34%
RETURN ON EQUITY
- 10 Years:
- 6%
- 5 Years:
- 7%
- 3 Years:
- 10%
- Last Year:
- 21%
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| 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 |
| 35 | 5 | 8 | 10 | 11 | 12 | 20 | 23 | 25 | 47 | |
| 12 | 1 | 2 | 2 | 4 | 0 | 4 | 0 | 4 | 2 | |
| Trade Payables | 1 | 2 | 3 | 4 | 6 | 5 | 8 | 9 | 12 | 13 |
| 2 | 16 | 8 | 9 | 9 | 9 | 7 | 12 | 16 | 19 | |
| Total Liabilities | 68 | 43 | 39 | 43 | 48 | 45 | 73 | 79 | 91 | 117 |
| ASSETS | - | - | - | - | - | - | - | - | - | - |
| 20 | 10 | 10 | 10 | 10 | 10 | 10 | 14 | 17 | 12 | |
| 9 | 9 | 9 | 9 | 9 | 9 | 9 | 24 | 24 | 25 | |
| 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 19 | 19 | |
| Cash & Bank | 1 | 1 | 1 | 3 | 1 | 1 | 32 | 16 | 20 | 29 |
| 37 | 22 | 19 | 21 | 28 | 25 | 22 | 24 | 11 | 31 | |
| Total Assets | 68 | 43 | 39 | 43 | 48 | 45 | 73 | 79 | 91 | 117 |
| Total Debt | 12 | 1 | 2 | 2 | 4 | 0 | 4 | 0 | 4 | 2 |
| Net Working Capital | -8 | 16 | 10 | 13 | 14 | 16 | 39 | 27 | 24 | 30 |
| Contingent Liabilities | 1 | 110 | 108 | 126 | 125 | 112 | 112 | 92 | 0 | 0 |
| Book Value per Share | 28.52 | 12.82 | 14.19 | 15.16 | 15.76 | 16.59 | 15.86 | 16.66 | 17.34 | 23.68 |
| 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 | 0 | 4 | 2 |
| Net Working Capital | -8 | 16 | 10 | 13 | 14 | 16 | 39 | 27 | 24 | 30 |
| Contingent Liabilities | 1 | 110 | 108 | 126 | 125 | 112 | 112 | 92 | 0 | 0 |
| Book Value per Share | 28.52 | 12.82 | 14.19 | 15.16 | 15.76 | 16.59 | 15.86 | 16.66 | 17.34 | 23.68 |
| 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
- 35
- 12
- Trade Payables
- 1
- 2
- Total Liabilities
- 68
- 20
- 9
- 0
- Cash & Bank
- 1
- 37
- Total Assets
- 68
- Total Debt
- 12
- Net Working Capital
- -8
- Contingent Liabilities
- 1
- Book Value per Share
- 28.52
- Face Value
- 10.00
- Total Debt
- 12
- Net Working Capital
- -8
- Contingent Liabilities
- 1
- Book Value per Share
- 28.52
- Face Value
- 10.00
Mar 2017
- Equity Capital
- 19
- 5
- 1
- Trade Payables
- 2
- 16
- Total Liabilities
- 43
- 10
- 9
- 0
- Cash & Bank
- 1
- 22
- Total Assets
- 43
- Total Debt
- 1
- Net Working Capital
- 16
- Contingent Liabilities
- 110
- Book Value per Share
- 12.82
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 16
- Contingent Liabilities
- 110
- Book Value per Share
- 12.82
- Face Value
- 10.00
Mar 2018
- Equity Capital
- 19
- 8
- 2
- Trade Payables
- 3
- 8
- Total Liabilities
- 39
- 10
- 9
- 0
- Cash & Bank
- 1
- 19
- Total Assets
- 39
- Total Debt
- 2
- Net Working Capital
- 10
- Contingent Liabilities
- 108
- Book Value per Share
- 14.19
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- 10
- Contingent Liabilities
- 108
- Book Value per Share
- 14.19
- Face Value
- 10.00
Mar 2019
- Equity Capital
- 19
- 10
- 2
- Trade Payables
- 4
- 9
- Total Liabilities
- 43
- 10
- 9
- 0
- Cash & Bank
- 3
- 21
- Total Assets
- 43
- Total Debt
- 2
- Net Working Capital
- 13
- Contingent Liabilities
- 126
- Book Value per Share
- 15.16
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- 13
- Contingent Liabilities
- 126
- Book Value per Share
- 15.16
- Face Value
- 10.00
Mar 2020
- Equity Capital
- 19
- 11
- 4
- Trade Payables
- 6
- 9
- Total Liabilities
- 48
- 10
- 9
- 0
- Cash & Bank
- 1
- 28
- Total Assets
- 48
- Total Debt
- 4
- Net Working Capital
- 14
- Contingent Liabilities
- 125
- Book Value per Share
- 15.76
- Face Value
- 10.00
- Total Debt
- 4
- Net Working Capital
- 14
- Contingent Liabilities
- 125
- Book Value per Share
- 15.76
- Face Value
- 10.00
Mar 2021
- Equity Capital
- 19
- 12
- 0
- Trade Payables
- 5
- 9
- Total Liabilities
- 45
- 10
- 9
- 0
- Cash & Bank
- 1
- 25
- Total Assets
- 45
- Total Debt
- 0
- Net Working Capital
- 16
- Contingent Liabilities
- 112
- Book Value per Share
- 16.59
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 16
- Contingent Liabilities
- 112
- Book Value per Share
- 16.59
- Face Value
- 10.00
Mar 2022
- Equity Capital
- 35
- 20
- 4
- Trade Payables
- 8
- 7
- Total Liabilities
- 73
- 10
- 9
- 0
- Cash & Bank
- 32
- 22
- Total Assets
- 73
- Total Debt
- 4
- Net Working Capital
- 39
- Contingent Liabilities
- 112
- Book Value per Share
- 15.86
- Face Value
- 10.00
- Total Debt
- 4
- Net Working Capital
- 39
- Contingent Liabilities
- 112
- Book Value per Share
- 15.86
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 35
- 23
- 0
- Trade Payables
- 9
- 12
- Total Liabilities
- 79
- 14
- 24
- 0
- Cash & Bank
- 16
- 24
- Total Assets
- 79
- Total Debt
- 0
- Net Working Capital
- 27
- Contingent Liabilities
- 92
- Book Value per Share
- 16.66
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 27
- Contingent Liabilities
- 92
- Book Value per Share
- 16.66
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 35
- 25
- 4
- Trade Payables
- 12
- 16
- Total Liabilities
- 91
- 17
- 24
- 19
- Cash & Bank
- 20
- 11
- Total Assets
- 91
- Total Debt
- 4
- Net Working Capital
- 24
- Contingent Liabilities
- 0
- Book Value per Share
- 17.34
- Face Value
- 10.00
- Total Debt
- 4
- Net Working Capital
- 24
- Contingent Liabilities
- 0
- Book Value per Share
- 17.34
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 35
- 47
- 2
- Trade Payables
- 13
- 19
- Total Liabilities
- 117
- 12
- 25
- 19
- Cash & Bank
- 29
- 31
- Total Assets
- 117
- Total Debt
- 2
- Net Working Capital
- 30
- Contingent Liabilities
- 0
- Book Value per Share
- 23.68
- Face Value
- 10.00
- Total Debt
- 2
- Net Working Capital
- 30
- Contingent Liabilities
- 0
- Book Value per Share
- 23.68
- Face Value
- 10.00
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| 2 | -2 | 0 | 2 | -3 | 4 | 2 | 2 | 3 | -16 | |
| Cash from Investing | 0 | 0 | -0 | -0 | 0 | 0 | -30 | -3 | -7 | 20 |
| Cash from Financing | -2 | 1 | 0 | -0 | 1 | -4 | 26 | 0 | 4 | -3 |
| -1 | -1 | 0 | 1 | -1 | -0 | -1 | 0 | -0 | 1 | |
| Free Cash Flow | 2 | -2 | 0 | 2 | -3 | 4 | 2 | -3 | -1 | -16 |
| OCF / Net Profit | -1.96 | -1.79 | 0.03 | 1.26 | -2.55 | 2.71 | 2.34 | 0.83 | 1.10 | -1.08 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -2 | 0 | 4 | 1 | -2 | -15 |
| OCF / Net Profit | -1.96 | -1.79 | 0.03 | 1.26 | -2.55 | 2.71 | 2.34 | 0.83 | 1.10 | -1.08 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 | -2 | 0 | 4 | 1 | -2 | -15 |
Mar 2016
- 2
- Cash from Investing
- 0
- Cash from Financing
- -2
- -1
- Free Cash Flow
- 2
- OCF / Net Profit
- -1.96
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.96
- Cumulative 5-Year FCF
- 0
Mar 2017
- -2
- Cash from Investing
- 0
- Cash from Financing
- 1
- -1
- Free Cash Flow
- -2
- OCF / Net Profit
- -1.79
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- -1.79
- Cumulative 5-Year FCF
- 0
Mar 2018
- 0
- Cash from Investing
- -0
- Cash from Financing
- 0
- 0
- Free Cash Flow
- 0
- OCF / Net Profit
- 0.03
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.03
- Cumulative 5-Year FCF
- 0
Mar 2019
- 2
- Cash from Investing
- -0
- Cash from Financing
- -0
- 1
- Free Cash Flow
- 2
- OCF / Net Profit
- 1.26
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 1.26
- Cumulative 5-Year FCF
- 0
Mar 2020
- -3
- Cash from Investing
- 0
- Cash from Financing
- 1
- -1
- Free Cash Flow
- -3
- OCF / Net Profit
- -2.55
- Cumulative 5-Year FCF
- -2
- OCF / Net Profit
- -2.55
- Cumulative 5-Year FCF
- -2
Mar 2021
- 4
- Cash from Investing
- 0
- Cash from Financing
- -4
- -0
- Free Cash Flow
- 4
- OCF / Net Profit
- 2.71
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 2.71
- Cumulative 5-Year FCF
- 0
Mar 2022
- 2
- Cash from Investing
- -30
- Cash from Financing
- 26
- -1
- Free Cash Flow
- 2
- OCF / Net Profit
- 2.34
- Cumulative 5-Year FCF
- 4
- OCF / Net Profit
- 2.34
- Cumulative 5-Year FCF
- 4
Mar 2023
- 2
- Cash from Investing
- -3
- Cash from Financing
- 0
- 0
- Free Cash Flow
- -3
- OCF / Net Profit
- 0.83
- Cumulative 5-Year FCF
- 1
- OCF / Net Profit
- 0.83
- Cumulative 5-Year FCF
- 1
Mar 2024
- 3
- Cash from Investing
- -7
- Cash from Financing
- 4
- -0
- Free Cash Flow
- -1
- OCF / Net Profit
- 1.10
- Cumulative 5-Year FCF
- -2
- OCF / Net Profit
- 1.10
- Cumulative 5-Year FCF
- -2
Mar 2025
- -16
- Cash from Investing
- 20
- Cash from Financing
- -3
- 1
- Free Cash Flow
- -16
- OCF / Net Profit
- -1.08
- Cumulative 5-Year FCF
- -15
- OCF / Net Profit
- -1.08
- Cumulative 5-Year FCF
- -15
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|
| PER SHARE | - | - | - | - | - | - | - | - | - | - |
| EPS (₹) | -0.46 | 0.63 | 1.29 | 0.88 | 0.58 | 0.76 | 0.28 | 0.77 | 0.68 | 4.28 |
| Book Value (₹) | 28.52 | 12.82 | 14.19 | 15.16 | 15.76 | 16.59 | 15.86 | 16.66 | 17.34 | 23.68 |
| 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 (₹) | 1.99 | 0.85 | 1.49 | 1.08 | 0.75 | 0.93 | 0.39 | 0.98 | 1.14 | 4.95 |
| PROFITABILITY | - | - | - | - | - | - | - | - | - | - |
| Operating Margin % | 0.92% | 1.68% | 9.37% | 9.76% | 5.41% | 5.72% | 3.33% | 6.53% | 4.80% | 2.17% |
| Net Margin % | -3.64% | 5.52% | 9.67% | 4.87% | 3.09% | 3.37% | 1.77% | 3.54% | 2.96% | 17.06% |
| ROE % | -1.60% | 3.06% | 9.56% | 6.03% | 3.75% | 4.67% | 2.26% | 4.71% | 3.98% | 20.88% |
| ROCE % | -6.64% | -0.09% | 7.28% | 9.98% | 4.89% | 6.41% | 3.23% | 7.13% | 5.66% | 25.19% |
| -1.21% | 2.14% | 5.91% | 4.03% | 2.38% | 3.03% | 1.64% | 3.49% | 2.75% | 14.26% | |
| EFFICIENCY | - | - | - | - | - | - | - | - | - | - |
| Debtor Days | 95 | 87 | 90 | 78 | 101 | 95 | 82 | 76 | 84 | 81 |
| Inventory Days | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Payable Days | 147 | 155 | 175 | 110 | 110 | 82 | 64 | 62 | 70 | 70 |
| -52 | -68 | -84 | -32 | -9 | 14 | 18 | 15 | 14 | 11 | |
| FINANCIAL HEALTH | - | - | - | - | - | - | - | - | - | - |
| Debt to Equity (x) | 0.22x | 0.06x | 0.08x | 0.08x | 0.14x | 0.00x | 0.07x | 0.00x | 0.06x | 0.03x |
| Interest Coverage (x) | -17.66x | -0.50x | 6.25x | 9.71x | 4.84x | 9.14x | 10.08x | 12.34x | 6.02x | 25.43x |
| 0.45x | 3.33x | 2.10x | 2.24x | 2.00x | 2.63x | 3.73x | 2.96x | 2.07x | 2.09x | |
| GROWTH | - | - | - | - | - | - | - | - | - | - |
| Revenue Growth % | -18.31% | -9.40% | 16.61% | 35.96% | 3.17% | 19.88% | 30.16% | 36.33% | 5.54% | 9.87% |
| Operating Profit Growth % | -95.44% | 65.29% | 549.45% | 41.56% | -42.82% | 26.90% | -24.27% | 167.47% | 2.78% | 4.97% |
| Net Profit Growth % | 77.24% | 237.21% | 104.30% | -31.51% | -34.50% | 30.51% | -31.69% | 173.09% | -11.70% | 533.30% |
| 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -11.70% | 533.26% | |
| VALUATION | - | - | - | - | - | - | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 190.12x | 12.22x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 0.00x | 7.41x | 2.21x |
| 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 | 85.17x | 29.27x |
Mar 2016
- EPS (₹)
- -0.46
- Book Value (₹)
- 28.52
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.99
- Operating Margin %
- 0.92%
- Net Margin %
- -3.64%
- ROE %
- -1.60%
- ROCE %
- -6.64%
- -1.21%
- Debtor Days
- 95
- Inventory Days
- 0
- Payable Days
- 147
- -52
- Debt to Equity (x)
- 0.22x
- Interest Coverage (x)
- -17.66x
- 0.45x
- Revenue Growth %
- -18.31%
- Operating Profit Growth %
- -95.44%
- Net Profit Growth %
- 77.24%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2017
- EPS (₹)
- 0.63
- Book Value (₹)
- 12.82
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.85
- Operating Margin %
- 1.68%
- Net Margin %
- 5.52%
- ROE %
- 3.06%
- ROCE %
- -0.09%
- 2.14%
- Debtor Days
- 87
- Inventory Days
- 0
- Payable Days
- 155
- -68
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- -0.50x
- 3.33x
- Revenue Growth %
- -9.40%
- Operating Profit Growth %
- 65.29%
- Net Profit Growth %
- 237.21%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2018
- EPS (₹)
- 1.29
- Book Value (₹)
- 14.19
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.49
- Operating Margin %
- 9.37%
- Net Margin %
- 9.67%
- ROE %
- 9.56%
- ROCE %
- 7.28%
- 5.91%
- Debtor Days
- 90
- Inventory Days
- 0
- Payable Days
- 175
- -84
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 6.25x
- 2.10x
- Revenue Growth %
- 16.61%
- Operating Profit Growth %
- 549.45%
- Net Profit Growth %
- 104.30%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2019
- EPS (₹)
- 0.88
- Book Value (₹)
- 15.16
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.08
- Operating Margin %
- 9.76%
- Net Margin %
- 4.87%
- ROE %
- 6.03%
- ROCE %
- 9.98%
- 4.03%
- Debtor Days
- 78
- Inventory Days
- 0
- Payable Days
- 110
- -32
- Debt to Equity (x)
- 0.08x
- Interest Coverage (x)
- 9.71x
- 2.24x
- Revenue Growth %
- 35.96%
- Operating Profit Growth %
- 41.56%
- Net Profit Growth %
- -31.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2020
- EPS (₹)
- 0.58
- Book Value (₹)
- 15.76
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.75
- Operating Margin %
- 5.41%
- Net Margin %
- 3.09%
- ROE %
- 3.75%
- ROCE %
- 4.89%
- 2.38%
- Debtor Days
- 101
- Inventory Days
- 0
- Payable Days
- 110
- -9
- Debt to Equity (x)
- 0.14x
- Interest Coverage (x)
- 4.84x
- 2.00x
- Revenue Growth %
- 3.17%
- Operating Profit Growth %
- -42.82%
- Net Profit Growth %
- -34.50%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2021
- EPS (₹)
- 0.76
- Book Value (₹)
- 16.59
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.93
- Operating Margin %
- 5.72%
- Net Margin %
- 3.37%
- ROE %
- 4.67%
- ROCE %
- 6.41%
- 3.03%
- Debtor Days
- 95
- Inventory Days
- 0
- Payable Days
- 82
- 14
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 9.14x
- 2.63x
- Revenue Growth %
- 19.88%
- Operating Profit Growth %
- 26.90%
- Net Profit Growth %
- 30.51%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2022
- EPS (₹)
- 0.28
- Book Value (₹)
- 15.86
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.39
- Operating Margin %
- 3.33%
- Net Margin %
- 1.77%
- ROE %
- 2.26%
- ROCE %
- 3.23%
- 1.64%
- Debtor Days
- 82
- Inventory Days
- 0
- Payable Days
- 64
- 18
- Debt to Equity (x)
- 0.07x
- Interest Coverage (x)
- 10.08x
- 3.73x
- Revenue Growth %
- 30.16%
- Operating Profit Growth %
- -24.27%
- Net Profit Growth %
- -31.69%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 0.77
- Book Value (₹)
- 16.66
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 0.98
- Operating Margin %
- 6.53%
- Net Margin %
- 3.54%
- ROE %
- 4.71%
- ROCE %
- 7.13%
- 3.49%
- Debtor Days
- 76
- Inventory Days
- 0
- Payable Days
- 62
- 15
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 12.34x
- 2.96x
- Revenue Growth %
- 36.33%
- Operating Profit Growth %
- 167.47%
- Net Profit Growth %
- 173.09%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 0.68
- Book Value (₹)
- 17.34
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 1.14
- Operating Margin %
- 4.80%
- Net Margin %
- 2.96%
- ROE %
- 3.98%
- ROCE %
- 5.66%
- 2.75%
- Debtor Days
- 84
- Inventory Days
- 0
- Payable Days
- 70
- 14
- Debt to Equity (x)
- 0.06x
- Interest Coverage (x)
- 6.02x
- 2.07x
- Revenue Growth %
- 5.54%
- Operating Profit Growth %
- 2.78%
- Net Profit Growth %
- -11.70%
- -11.70%
- P/E (x)
- 190.12x
- P/B (x)
- 7.41x
- Dividend Yield %
- 0.00%
- 85.17x
Mar 2025
- EPS (₹)
- 4.28
- Book Value (₹)
- 23.68
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.95
- Operating Margin %
- 2.17%
- Net Margin %
- 17.06%
- ROE %
- 20.88%
- ROCE %
- 25.19%
- 14.26%
- Debtor Days
- 81
- Inventory Days
- 0
- Payable Days
- 70
- 11
- Debt to Equity (x)
- 0.03x
- Interest Coverage (x)
- 25.43x
- 2.09x
- Revenue Growth %
- 9.87%
- Operating Profit Growth %
- 4.97%
- Net Profit Growth %
- 533.30%
- 533.26%
- P/E (x)
- 12.22x
- P/B (x)
- 2.21x
- Dividend Yield %
- 0.00%
- 29.27x
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.

