Ajanta Soya Ltd (AJANTSOY)

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Ajanta Soya Ltd (AJANTSOY) · mywealthgrid

About

Ajanta Soya Ltd operates in edible oil production within the agricultural food sector of Consumer Staples. Market cap is ₹187 Cr with promoters holding 49.8% and public shareholders 49.9%; institutional investors (FII and DII combined) account for less than 1%.

Face value: ₹2

Market cap

₹173 Cr

P/E

6.9×

P/B

1.0×

Dividend yield

ROE

5.1%

ROCE

9.3%

Debt / equity

0.05

OPM

0.9%

EPS (TTM)

₹3.1

Book value

₹20.9

52-week high

—

52-week low

Key insights

Company research notes and source-linked reviews

Key risks

Latest quarterly data is from Mar 2021; current OPM of 2.57% versus 6.21% then suggests margin compression—verify recent profitability against the results released 2026-08-13.
Stock down 26% over the past year despite zero debt (D/E 0) and ROE of 18.75%; investigate whether earnings have declined or volatility reflects liquidity and sentiment risk.
Price range of ₹16.35–₹39.14 over 52 weeks signals high volatility; verify typical trading volumes and whether the ₹187 Cr market cap limits institutional participation.

Generated analysis · source review pending

Growth drivers

ROE of 18.75% means improved OPM from current 2.57% (vs. 6.21% in Mar 2021) would amplify earnings per share.
Zero debt (D/E 0) leaves capacity to invest in volume or working capital if demand supports it; verify capex appetite and growth strategy.
Mar 2021 delivered ₹9.47 Cr profit with 6.21% OPM; verify whether recent results have recovered to this level or if compression is structural.

Generated analysis · source review pending

1,057 historical price candles were omitted because the exchange source has not been verified.

₹21.5-5.8%1Y

Quick read

rule-based

Pros

+Almost debt-free (debt/equity 0)

Cons

−Low return on equity of 9% (3-yr avg)
−Thin operating margin of 0.9%
−Profit declined 19.7% a year over the last 5 years
−Modest revenue growth of 7% a year over the last 5 years

Research score

Structured signal from quality, growth, valuation and momentum.

68/100

Business quality: 27
Growth: 77
Valuation

Revenue & net profit

₹ crore, by fiscal year

RevenuePAT

Margins

% of revenue, by fiscal year

OPMPAT margin

Peers

Comparable companies from the narrowest available industry classification.

Screen this industry Compare top 5 side-by-side

Company	Mkt Cap	EV	Revenue	EBITDA	OPM	PAT	NPM	ROCE	ROE	WC Days
Patanjali Foods LimitedPATANJALIPATANJALI	₹38,644 Cr	₹41,427 Cr	₹42,776 Cr	₹1,975 Cr	4.4%	₹1,970 Cr	4.5%	13.7%	14.8%	74
Awl Agri Business LimitedAWLAWL	₹22,801 Cr	₹23,619 Cr	₹77,720 Cr	₹2,458 Cr	2.9%	₹1,156 Cr	1.4%	18.2%	10.5%	40
Gokul Agro Resources LimitedGOKULAGROGOKULAGRO	₹6,200 Cr	₹6,771 Cr	₹24,435 Cr	₹747 Cr	2.8%	₹421 Cr	1.5%	40.8%	30.1%	4
CIAN Agro Industries & Infrastructure LtdCIANAGROCIANAGRO	₹2,844 Cr	₹4,043 Cr	₹2,234 Cr	₹476 Cr	21.3%	₹223 Cr	10%	13.4%	10.8%	116
Sundrop Brands LimitedSUNDROPSUNDROP	₹2,839 Cr	₹2,839 Cr	₹1,605 Cr	₹70 Cr	3.8%	₹29 Cr	1.3%	1.8%	1.4%	39
Shri Venkatesh Refineries LtdSVRLSVRL	₹1,501 Cr	—	₹1,378 Cr	₹73 Cr	5.3%	₹38 Cr	2.8%	—	—	—
Gokul Refoils And Solvent LimitedGOKULGOKUL	₹383 Cr	₹765 Cr	₹4,211 Cr	₹39 Cr	0.9%	₹21 Cr	0.5%	15.7%	5.2%	23
Kriti Nutrients LimitedKRITINUTKRITINUT	₹333 Cr	₹341 Cr	₹940 Cr	₹44 Cr	4.7%	₹33 Cr	3.7%	20.1%	15.4%	20
Halder Venture LimitedHALDERHALDER	₹289 Cr	₹649 Cr	₹646 Cr	₹28 Cr	4.3%	₹29 Cr	4.9%	34.5%	24.2%	229
Vijay Solvex LtdVIJSOLXVIJSOLX	₹199 Cr	₹209 Cr	₹1,829 Cr	₹4 Cr	0.2%	₹3 Cr	0.2%	1.4%	0.9%	14
Prime Industries LtdPRIMINDPRIMIND	₹195 Cr	₹234 Cr	₹0 Cr	₹0 Cr	-2.9%	₹1 Cr	16.2%	6.9%	3.3%	36
Ajanta Soya LtdAJANTSOYAJANTSOY	₹173 Cr	₹181 Cr	₹931 Cr	₹37 Cr	0.9%	₹25 Cr	0.6%	9.3%	5.1%	29

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Financials

Reported profit and loss, balance sheet, cash flow and growth history.

Annual Quarterly

Standalone figures · ₹ crore · years without a filed annual are summed from quarters

₹ Cr	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	579	700	346	695	760	931	1,345	1,236	1,022	1,330	1,308
COGS	-546	-665	-324	-660	-710	861	1,256	1,186	976	1,247	1,237
Gross profit	—	—	—	—	—	70	89	50	46	83	70
	1,118	1,360	671	1,352	1,454	34	42	44	44	49	58
	6	6	-0	2	16	36	47	6	3	34	12
OPM %	1.1%	0.8%	-0.1%	0.3%	2.1%	3.9%	3.5%	0.5%	0.3%	2.6%	0.9%
Depreciation	1	1	1	2	2	2	2	2	3	3	3
Interest	1	1	1	4	3	2	1	3	4	4	4
	3	7	6	1	2	8	5	3	9	9	7
Profit before tax	7	11	4	2	13	41	50	4	5	36	12
Tax	2	4	3	2	3	15	8	2	1	9	4
Tax %	28%	36.3%	75.1%	124.2%	23.7%	38.1%	15.4%	41.6%	21.3%	25.3%	30.6%
	5	7	1	-0	10	25	42	2	4	27	8
PAT margin %	0.9%	1%	0.3%	-0.1%	1.3%	2.7%	3.1%	0.2%	0.4%	2%	0.6%
EPS (₹)	3.3	4.3	0.7	-0.2	6.1	15.6	26.2	0.3	0.5	3.4	1
EPS adjusted (₹)	—	0.9	0.1	-0.1	1.2	3.1	5.2	0.3	0.5	3.4	1
Annual report	Annual report for Mar 2016	Annual report for Mar 2017	Annual report for Mar 2018	Annual report for Mar 2019	Annual report for Mar 2020	Annual report for Mar 2021	Annual report for Mar 2022	Annual report for Mar 2023	Annual report for Mar 2024	Annual report for Mar 2025	—

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Ratios

Annual operating, return, leverage and working-capital ratios.

Standalone figures

Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	7.5%	6.6%	4.1%	4.5%	6.2%	5.4%
EBITDA margin %	0.3%	2.1%	3.9%	3.5%	0.5%	0.3%	2.6%	0.9%
EBIT margin %	0.1%	1.9%	3.7%	3.4%	0.3%	0%	2.4%	0.7%
PAT margin %	-0.1%	1.3%	2.7%	3.1%	0.2%	0.4%	2%	0.6%
Working capital
Receivable days	15	8	7	6	11	4	10	7
Inventory days	28	20	17	38	34	36	30	40
Payable days	—	—	24	37	29	28	25	18
NWC days	—	—	-0	8	16	12	14	29
Leverage
Current ratio	—	—	1.58	1.58	1.84	2.03	2.18	2.49
Debt to EBITDA	8.18	0.18	0.08	0	0.18	0.11	0	0.64
Debt to equity	0.38	0.05	0.04	0	0.01	0	0	0.05
Interest coverage	0.4	5.3	24.1	57.7	2.4	2.2	10.9	4
Asset turnover	4.48	6.48	5.82	5.08	5.33	4.72	5.14	5.18
Return ratios
Return on assets %	-0.3%	8.4%	15.7%	16%	1%	1.9%	10.5%	3.3%
Return on capital employed %	2%	21.9%	55.2%	47%	5.1%	6.9%	26.2%	9.3%
Return on equity %	-0.9%	18.1%	31.7%	34.3%	1.8%	3.1%	17.1%	5%

Derived from reported annual statements. ROCE uses EBIT over capital employed (total assets less current liabilities). Day counts average the opening and closing balance; receivables turn on revenue, inventory and payables on cost of goods sold.

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Shareholding

Quarterly ownership, named holders, insider transactions and disclosed deals.

Quarterly Annual

Every quarter filed · % of equity

Holder (%)	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
	47.21%	47.21%	47.29%	47.31%	47.31%	47.31%	47.71%	47.71%	49.37%	49.37%	49.8%	49.8%
FII	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	0.24%	0.24%	0.24%	0.24%	0.24%	0.24%	0.24%	0.24%	0.24%	0.24%	0.24%	0.3%
Government	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%
	52.55%	52.55%	52.47%	52.45%	52.45%	52.45%	52.05%	52.05%	50.39%	50.39%	49.96%	49.9%
No. of shareholders	—	—	—	—	—	—	—	—	40,156	39,079	38,271	37,485

Promoter holding up 2.59 percentage points since Sep 2023.

5 deals · 22 Nov 2021 – 27 Apr 2022

Date	Client	Type	Venue	Side	Quantity	Price	Value
27 Apr 2022	ALPHA LEON ENTERPRISES LLP	Bulk	BSE	Sell	1,10,000	₹314.70	₹3.46 Cr
27 Apr 2022	ALPHA LEON ENTERPRISES LLP	Bulk	BSE	Buy	98,988	₹311.97	₹3.09 Cr
16 Feb 2022	ALPHA LEON ENTERPRISES LLP	Bulk	BSE	Buy	1,15,000	₹242.55	₹2.79 Cr
16 Feb 2022	ALPHA LEON ENTERPRISES LLP	Bulk	BSE	Sell	39,264	₹242.60	₹0.95 Cr
22 Nov 2021	DOLLY KHANNA	Bulk	BSE	Buy	1,40,000	₹147.72	₹2.07 Cr

1–5 of 5

1 / 1

Bulk deals are a client trading over 0.5% of the equity in a session, aggregated across their trades; block deals are single negotiated trades in the exchange’s block window. Each is reported by the exchange it was crossed on, so NSE and BSE rows are separate trades rather than the same trade twice.

Mr. SUSHIL KUMAR GOYALExecutive Director-MD
Mr. ABHEY GOYALExecutive Director
Mr. ARUN TYAGIExecutive Director
Mr. ALOK NARAYAN PANDEYNon-Executive - Independent Director
Mr. RUPESH DEORAHNon-Executive - Independent Director
Ms. SONIA PODDARNon-Executive - Independent Director
Mr. Anil Kumar RanaChief Financial Officer
KapilCompany Secretary & Compliance Officer

Current officeholders as filed with BSE. A person holding two offices is listed once per office.

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F&O

Current futures and options contracts with compact option-chain pages.

Not in the F&O segment

Only about 210 stocks have listed futures and options. Contracts appear here for those, refreshed after each close.

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Fund holders

Mutual-fund schemes that disclosed a holding in the company.

No fund holdings on record

No scheme among the 32 fund houses on record reported a position in Ajanta Soya Ltd. Portfolios are published monthly by each AMC; coverage is still partial.

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Documents

Annual reports, exchange filings, offer documents, ratings and earnings-call material.

Announcements

Annual reports

Credit ratings

Intimation regarding Credit Rating29 Aug 2026

Documents link to external sources (exchange filings, company investor pages).

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Events

Upcoming dates and the company’s corporate-action history.

1

Board meeting to consider results13 Aug 2026

1

Face value ₹10 → ₹216 Jun 2022 · ex-date

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Announcements

Latest exchange announcements, filings and downloadable documents.

1 month 3 months 6 months 1 year All

18 announcementsExport CSV

4 Sept 2026, 8:01 pmCompany Update

Ajanta Soya Ltd - 519216 - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 (''SEBI Listing Regulations'')

General PDF

4 Sept 2026, 8:49 amOthers

Reg. 34 (1) Annual Report.

Reg. 34 (1) Annual Report PDF

4 Sept 2026, 8:43 amAGM/EGM

Notice Of The 35Th Annual General Meeting Of The Members Of The Company

AGM PDF

2 Sept 2026, 11:20 amCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

29 Aug 2026, 2:34 pmCompany Update

Announcement under Regulation 30 (LODR)-Credit Rating

Credit Rating PDF

14 Aug 2026, 12:35 pmCompany Update

Announcement under Regulation 30 (LODR)-Newspaper Publication

Newspaper Publication PDF

13 Aug 2026, 6:23 pmCompany Update

Announcement under Regulation 30 (LODR)-Change in Management

Change in Management PDF

13 Aug 2026, 6:14 pmResult

Results-Financial Results For 30Th June, 2026

Financial Results PDF

Date	Category	Subject	Filing
4 Sept 2026, 8:01 pm	Company Update General	Ajanta Soya Ltd - 519216 - Intimation Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 (''SEBI Listing Regulations'')	PDF
4 Sept 2026, 8:49 am	Others Reg. 34 (1) Annual Report

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Ratio	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Margins
Gross margin %	—	—	7.5%	6.6%	4.1%	4.5%	6.2%	5.4%
EBITDA margin %	0.3%	2.1%	3.9%	3.5%	0.5%	0.3%	2.6%	0.9%
EBIT margin %	0.1%	1.9%	3.7%	3.4%	0.3%	0%	2.4%	0.7%
PAT margin %	-0.1%	1.3%	2.7%	3.1%	0.2%	0.4%	2%	0.6%
Working capital
Receivable days	15	8	7	6	11	4	10	7
Inventory days	28	20	17	38	34	36	30	40
Payable days	—	—	24	37	29	28	25	18
NWC days	—	—	-0	8	16	12	14	29
Leverage
Current ratio	—	—	1.58	1.58	1.84	2.03	2.18	2.49
Debt to EBITDA	8.18	0.18	0.08	0	0.18	0.11	0	0.64
Debt to equity	0.38	0.05	0.04	0	0.01	0	0	0.05
Interest coverage	0.4	5.3	24.1	57.7	2.4	2.2	10.9	4
Asset turnover	4.48	6.48	5.82	5.08	5.33	4.72	5.14	5.18
Return ratios
Return on assets %	-0.3%	8.4%	15.7%	16%	1%	1.9%	10.5%	3.3%
Return on capital employed %	2%	21.9%	55.2%	47%	5.1%	6.9%	26.2%	9.3%
Return on equity %	-0.9%	18.1%	31.7%	34.3%	1.8%	3.1%	17.1%	5%

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity capital	16	16	16	16	16	16	16	16	16	16
Reserves	17	29	28	38	63	107	110	115	143	152
	22	26	17	3	3	0	1	0	0	8
	53	46	94	60	78	141	105	85	100	76
Total equity & liabilities	107	117	155	117	160	265	232	216	259	252
	10	32	32	31	35	40	40	45	46	45
CWIP	—	—	—	1	1	0	0	0	0	5
Investments	22	5	5	18	18	24	15	24	37	16
	76	80	118	67	106	200	177	148	176	187
Total assets	107	117	155	117	160	265	232	216	259	252

₹ Cr	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
	21	-45	22	21	22	25	-24	25	16	-33
	-12	10	-4	0	-23	-25	20	-17	-14	27
	-11	33	-11	-26	4	-1	-1	-5	-3	2
Net cash flow	—	—	—	—	2	-0	-5	3	-1	-3
Free cash flow	—	—	—	—	16	18	-26	17	13	-40
CFO / Operating profit %	366.8%	—	—	133.5%	59.8%	53.2%	-394.1%	854.4%	48%	-267%

Compounded sales growth

7 years: 10%
5 years: 7%
3 years: 2%
1 year: -2%

Compounded profit growth

7 years: —
5 years: -20%
3 years: 55%
1 year: -69%

Return on equity

7 years: 16%
5 years: 12%
3 years: 8%
Last year: 5%

Ajanta Soya Ltd

About

Key insights

Key risks

Growth drivers

Quick read

Pros

Cons

Research score

Revenue & net profit

Margins

Peers

Financials

Profit & loss

Ratios

Ratio timeline

Shareholding

Quarterly record

Bulk & block deals

Board and management

F&O

Not in the F&O segment

Fund holders

No fund holdings on record

Documents

Announcements

Annual reports

Credit ratings

Events

Board meetings1

Stock splits1

Announcements

Quarterly record

Bulk & block deals

Board and management

Board meetings1

Stock splits1

No fund holdings on record

Announcements

Annual reports

Credit ratings

Not in the F&O segment

Ratio timeline

Profit & loss

Balance sheet

Cash flow

Compounded returns

Compounded sales growth

Compounded profit growth

Return on equity

1

1

1

1