Fin Cascade

Prices as of 9 Oct 2026 close · Not investment advice

AION-TECH SOLUTIONS LIMITED

NSE: GOLDTECHSoftware ProductsTrade-to-trade true

Share price

₹40.00

-1.96% close of 9 Oct 2026

Market cap ₹208 CrP/E —

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 8 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

38

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹208 Cr

P/E ratio

—

P/B ratio

0.7

ROCE

-1.7%

ROE

-4.3%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹67.8652-week low ₹30.94

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Jun 2005 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Jun 2005 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

It has no earnings, so there is no price-to-earnings to compare.

Whether growth justifies the valuation

It has no earnings to weigh the price against.

Profit growthPrice per ₹1 profitPer 1% growth
AION-TECH SOLUTIONS LIMITED — this one———
Tanla Platforms Limited4%/yr12.2×₹3.0
C.E. Info Systems Limited2%/yr34.8×₹17.4
Capillary Technologies India Limited31%/yr88.9×₹2.9
TechNVision Ventures Limited0%/yr——
Ramco Systems Limited32%/yr32.7×₹1.0

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (Software Products), it ranks 15 of 17 on returns, 13 of 16 on growth, 13 of 17 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

It is losing money on the capital in the business, so there is no advantage to measure.

Whether its growth pays for itself

No — Over the last five years the business itself consumed ₹25 crore of cash before any plant spend, funded mostly borrowed — borrowings rose from ₹4 crore to ₹96 crore. And the profit is not backed by cash: it reported a profit over 12 years and consumed cash from the business. Its cash comes back faster than it used to: it went from being waiting 115 days for its cash to paid 10 days before it paid its own suppliers.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

5 of 9 checks clear · 56%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 12 Aug 2026 · Consolidated · Unaudited

Revenue

₹27 Cr

Revenue vs last year

+40.4%

Revenue vs last quarter

-35.2%

Net profit

-₹3 Cr

Profit vs last year

-143.9%

Net margin

-9.6%

EPS

₹-0.50

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹208 Cr
Prev close
₹40.00
52w High
₹70.0
52w Low
₹29.7
Enterprise value
₹285 Cr
Beta
1.4
Price CAGR 1y
-32.0%
Price CAGR 3y
-25.0%
Price CAGR 5y
0.0%
Price CAGR 10y
20.0%

Ratios

Return on assets
0.2%
PEG ratio
—
P/E ratio
—
P/B ratio
0.7
EV / EBITDA
19.6
Industry P/E
33.6
ROCE
-1.7%
ROCE 5y average
0.0%
ROE
-4.3%
Debt / Equity
0.3
Interest coverage
1.5
Dividend yield
0.0%
ROE 3y average
-6.0%
ROE last year
-4.0%

Annual P&L

Annual revenue
₹135 Cr
Annual profit
₹1 Cr
Operating margin
7.0%
Net profit margin
0.7%
EBITDA margin
7.4%
Sales growth 3y
13.2%
Sales growth 5y
22.0%
Profit growth 3y
—
Profit growth 5y
—
EPS
₹1.5
Sales growth TTM
58.0%
Profit growth TTM
82.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹27 Cr
Profit latest quarter
-₹3 Cr
YoY quarterly sales growth
40.4%
YoY quarterly profit growth
-143.8%
OPM latest quarter
5.0%

Balance Sheet

Book Value
₹58.7
Face Value
₹10.0
Total debt
₹96 Cr
Total cash
₹19 Cr
Borrowings
₹96 Cr
Reserves / Equity
4.9

Cash Flow

Operating cash flow
-₹14 Cr
Free cash flow
-₹23 Cr
FCF yield
-13.9%
Net cash flow
₹9 Cr

Shareholding

Promoter holding
52.4%
FII holding
6.4%
DII holding
0.0%
Public holding
41.1%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
Oracle Fin.Serv.10,576.0027.092,1193.781,415.5120.53,125.268.745.3
Tanla Platforms494.5512.36,5592.43142.220.11,226.417.926.3
C.E. Info System896.0035.64,9110.3949.77.9139.714.919.1
Capillary Tech.578.3089.84,6030.00-9.62949.3256.642.73.4
Technvision Ven.4,213.50882.02,6460.002.89300.073.629.913.6
Mobavenue AI Tech296.5065.52,2920.1011.794.372.957.071.6
Ramco Systems574.3534.32,1610.000.6-36.2172.87.119.7
Aion-Tech Soluti41.402160.00-2.653.927.040.4-1.7
Median140.3631.34640.003.615.856.018.813.9

Competes with: C.E. Info Systems Limited, Capillary Technologies India Limited, Nucleus Software Exports Limited, Oracle Financial Services Software Limited, Ramco Systems Limited, Tanla Platforms Limited, TechNVision Ventures Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales19252623182022291933414227
Expenses19252624172322292330373526
Material Cost000000
Change in Inventories000000
Purchases of Stock-in-Trade000000
Employee Cost4.304.826.015.046.224.97
Other Expenses241824322921
Operating Profit0.130.160.06-0.510.47-3.23-0.110.22-3.483.433.266.511.34
OPM %0.690.640.23-2.202.64-16-0.500.76-18108.03164.96
Other Income0.230.250.270.500.31160.931.70150.600.981.761.07
Exceptional items (within Other Income)0140-0.4300
Interest0.210.230.330.250.310.390.230.150.811.091.702.702.01
Depreciation0.340.340.340.680.600.600.660.502.153.423.709.413
Profit before tax-0.19-0.16-0.34-0.94-0.1312-0.071.278.10-0.48-1.16-3.84-2.60
Tax %6825171-21162165294327-052-30-0
Net Profit-0.32-0.20-0.92-0.74-0.339.93-0.430.735.93-0.48-1.76-2.69-2.60
EPS in Rs-0.09-0.06-0.27-0.21-0.102.87-0.120.211.50-0.0300.06-0.33
Diluted EPS in Rs0.221.34-0.09-0.34-0.52-0.50

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales7052373642435061939389135143
Expenses6452383541425062919392125128
Material Cost00
Change in Inventories00
Purchases of Stock-in-Trade00
Employee Cost1622
Other Expenses76103
Operating Profit5-0-11110-12-0-31015
OPM %8-0.70-3.401.701.401.600.10-2.202-0.20-3710
Other Income100000031119184
Exceptional items (within Other Income)1613
Interest00000000111.0768
Depreciation5500000011.712.351920
Profit before tax2-5-1000-012-1.64133-8
Tax %275-76-92-7887292864274272332462
Net Profit-3-1-02-1-0-110-2.189.901-8
EPS in Rs-1.45-0.64-0.060.81-0.47-0.07-0.300.150.13-0.632.861.53-0.30
Diluted EPS in Rs2.860.20
Dividend Payout %-0-0-0-0-0-0-0-0-0-0-0-0

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
10%
5 years
22%
3 years
13%
TTM
58%

Compounded profit growth

10 years
-8%
5 years
—
3 years
—
TTM
82%

Stock price CAGR

10 years
20%
5 years
0%
3 years
-25%
1 year
-32%

Return on equity

10 years
-3%
5 years
-4%
3 years
-6%
Last year
-4%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital191919191919193535353552
Reserves5049232425262533353261253
Borrowings13121224041116796
Other Liabilities161118111214131718232545
Minority Interest6.15
Total Liabilities989161565763578897105128447
Fixed Assets3430201920191919252721294
CWIP1313-0-0-0-0-0-01217
Investments-0-0-0-0-0-0-0-077152
Other Assets5048413738433769657091144
Total Assets989161565763578897105128447

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity102-4-9-0-328-114-12-14
Cash from Investing Activity-000-0-000-354-82016
Cash from Financing Activity-4-210-01-42664-78
Net Cash Flow60-2-9-1-1-2-10-019
Free Cash Flow102-4-9-1-327-17-15.56-23

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days5741618177100747893867990
Inventory Days-0-0-0-0
Cash Conversion Cycle5741618177100747893867990
Working Capital Days-50-741812122012211951151096463-10
ROCE %2-6-2111023-1-2-2

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters545454545454545959595252
FIIs0.010000.080.080.100.0800.016.436.43
DIIs0.010.010.010.010.010.010.010.010.010.010.010.01
Public464646464646464141414141
No. of Shareholders14,47213,64813,05013,96816,32916,32517,18016,96017,04317,34917,66418,091

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -33.7% (₹60.31 → ₹40.00)Brick size ₹1.67 (fixed)Bricks 80
₹50.00₹60.00₹40.00Nov '25Jan '26Mar '26May '26Jul '26Sep '26
Price moved up one brickPrice moved down one brickLast close ₹40.00 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

1 when an audit qualification is filed as repetitive

0.00flag

2026-03-31

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

76.53inr_cr

2026-03-31

guarantees / comfort given for promoter, promoter group, directors and KMP

0.00cr

2026-03-31

loans outstanding to promoter, promoter group, directors and KMP (governance filing)

21.70cr

2026-03-31

security given for the borrowing of promoter, promoter group, directors and KMP

5.00cr

2026-03-31

News

News and filings about AION-TECH SOLUTIONS LIMITED. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Information Technology
Industry
Software Products
Classification
Information Technology › Software Products
ISIN
INE805A01014

Business segments

  • Software License · 66%
  • E- Vehicle Mobility · 26%
  • Information Technology / Software Services · 9%

News impact

Big market events that reach AION-TECH SOLUTIONS LIMITED, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Splits, bonuses & buybacks

  • daily-prices repair: 8 rows from NSE's archive (replace 1, delete 0, insert 7), 2016-10-30..2026-02-01 (docs/flat_day_repair.md)1× · 30 Oct 2016

Documents

Annual reports, results presentations and earnings calls, straight from the source.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.