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Adjia Technologies share price

BSE: 543269IT - Software

Adjia Technologies Limited · Face value ₹10 · Listed Mar 2021

Trading suspended since 13 Oct 2026

Last traded ₹64.50 on 12 Oct 2026

Latest announcements

Routine notices left out.

Share price history

Daily closes since Mar 2021, adjusted for splits and bonuses. On BSE it is in group TS, traded trade for trade: every trade is settled by delivery, and none can be squared off the same day.

+39.2%over a year · Nifty 500 −6.5%

20-session average 3,040 shares a session, over sessions from 17 Sep 2025 to 12 Oct 2026

Results for the half year to Sep 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹0.00 Cr
Operating profit
−₹0.05 Cr
Net profit
−₹0.11 Cr
Earnings per share
−₹1.29

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses0.0
  4. Operating profit0.0
  5. Depreciation0.0
  6. Other income0.0
  7. Finance costs0.0
  8. Profit before tax−0.1
  9. Tax0.0
  10. Net profit−0.1

Adjia Technologies results by half year

Standalone: the listed company alone, without its subsidiaries. Latest half year to Sep 2026. Results for the half year to Mar 2027 are due by 30 May 2027, 60 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by half year, ₹ crore

  • Revenue
  • Net profit
  • Loss
0.20.1Mar 240−0.1Sep 240.20.1Mar 250−0.1Sep 250−0.1Mar 260−0.1Sep 26
Peak revenue ₹0.24 Cr, half year to Mar 2025; lowest ₹0.00 Cr, half year to Sep 2024A loss in 4 of the 6 half years shown

Operating and net margin by half year, per cent

  • Operating margin
  • Net margin
59.9%45.8%45.8%59.9%Mar 24Sep 24Mar 25Sep 25Mar 26Sep 26
₹ croreMar 2022Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Filed 14 NovMar 2025Filed 29 MaySep 2025Filed 14 NovMar 2026Filed 4 MaySep 2026Filed 28 Oct
Revenue from operations0.040.01–0.110.220.000.240.000.000.00
–0.03–0.04–0.09–0.09–0.05
Materials and goods bought0.000.00–0.000.000.000.000.000.000.00
Employee costs–0.01–0.01–0.02–0.02–0.01
Other expenses–0.02–0.04–0.02–0.02–0.03
Operating profit before depreciation–−0.02–0.07–−0.09–−0.09–−0.05
Operating margin–−205.9%–60.2%––––––
Depreciation and amortisation–0.10–0.10–0.00–0.00–0.04
Other income0.000.00–0.000.000.000.000.000.000.00
Finance costs0.000.00–0.000.000.000.000.000.000.00
Profit before tax−0.07−0.11–−0.030.11−0.090.17−0.09−0.08−0.08
Tax0.000.00–0.000.01−0.030.03−0.03−0.020.03
Tax rate––––6.7%–17.7%–––
Net profit−0.07−0.11–−0.030.10−0.060.14−0.06−0.07−0.11
Net margin−171.7%−1,348.2%–−26.7%45.8%–59.9%–––
Earnings per share−₹0.81−₹1.30–−₹0.33₹1.14−₹0.68₹1.63−₹0.68−₹0.74−₹1.29
Earnings per share in rupees, restated for later splits and bonuses. No results on record for the half year to Mar 2023.

6 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
0.2−0.20.1Mar 210.1−0.20.1Mar 220.1−0.10.1Mar 230.30.10.1Mar 240.20.10.1Mar 250−0.10.1Mar 26
Peak revenue ₹0.33 Cr, year to Mar 2024; lowest ₹0.00 Cr, year to Mar 2026A loss in the year to Mar 2026, −₹0.13 Cr

Operating and net margin, per cent

  • Operating margin
  • Net margin
81.2%−179.5%23.9%69.4%81.2%9.6%−89.8%−179.5%−60.2%21.6%22.4%Mar 21Mar 22Mar 23Mar 24Mar 25Mar 26

Results for the year to Mar 2026

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses0.0
  4. Operating profit−0.1
  5. Depreciation−0.1
  6. Other income0.0
  7. Finance costs0.0
  8. Profit before tax−0.2
  9. Tax0.0
  10. Net profit−0.1

What the company owns

  • Plant, investments and other assets₹2 Cr
  • Receivables₹0 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹2 Cr
  • Borrowings₹0 Cr
  • Other liabilities₹0 Cr
  • Owed to suppliers₹0 Cr

Profit and loss

Standalone, ₹ crore, years to March. The last column is the twelve months to Sep 2026, the latest two half years added.

₹ croreMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 29 MayMar 2026Filed 4 MaySep 2026Twelve monthsFiled 28 Oct
Revenue from operations0.220.090.150.330.240.000.00
–0.070.050.060.220.06–
Materials and goods bought0.000.010.000.000.000.000.00
Employee costs–0.020.010.020.010.03–
Other expenses–0.050.030.050.210.04–
Operating profit before depreciation–0.020.100.270.02−0.06–
Operating margin–23.9%69.4%81.2%9.6%––
Materials, % of revenue–10.0%0.0%0.0%0.0%––
Employee costs, % of revenue–17.0%8.5%4.9%4.1%––
Other expenses, % of revenue–49.0%22.2%13.9%86.2%––
Depreciation and amortisation–0.190.190.190.110.10–
Operating profit after depreciation–−0.16−0.090.08−0.08−0.17–
Other income0.000.000.000.000.000.000.00
Finance costs0.000.000.000.000.000.000.00
Profit before tax−0.18−0.17−0.090.08−0.08−0.17−0.17
Tax0.010.000.000.01−0.14−0.040.01
Net profit−0.19−0.17−0.090.070.05−0.13−0.18
Net margin−89.8%−179.5%−60.2%21.6%22.4%––
Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the year to Mar 2021: the statement does not state its depreciation, which operating profit is worked out from, so operating profit is not given.

Balance sheet

Standalone, ₹ crore, at 31 March. The last column is the half year to Sep 2026, after the latest full year: the balance sheet at its end.

₹ croreMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 29 MayMar 2026Filed 4 MaySep 2026Half yearFiled 28 Oct
2.392.232.142.212.262.142.02
Share capital0.880.880.880.880.880.880.88
Reserves1.511.351.261.331.381.261.14
Borrowings0.050.050.050.050.050.050.05
0.100.070.070.120.120.070.10
0.000.000.000.010.000.000.00
Total assets2.502.302.212.342.392.212.13
1.291.621.441.251.241.181.11
1.210.680.771.091.151.031.02
Net debt−0.05−0.01−0.02−0.03−0.03−0.06−0.06
Borrowings are counted again inside the liabilities due within a year and after a year. Plant in use and plant being built are given for full years only.

Cash flow

Standalone, ₹ crore, years to March. The last column is the half year to Sep 2026, after the latest full year: the cash flow over its six months.

₹ croreMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 29 MayMar 2026Filed 4 MaySep 2026Half year
−1.270.490.010.010.010.030.00
−1.270.490.020.03−0.020.030.00
−1.080.46−0.08−0.24−0.040.090.04
Receivables−0.09−0.030.04−0.24−0.040.080.01
Payables0.000.01−0.010.010.01−0.010.00
Other working capital−1.000.48−0.11−0.010.000.020.03
Tax paid0.000.00−0.01−0.020.030.000.00
Capital spending0.700.520.000.000.000.000.00
Free cash flow−1.97−0.030.010.010.010.030.00
−0.72−0.520.000.000.000.000.00
2.050.000.000.000.000.000.00
Dividends paid0.000.000.000.000.000.000.00
Shares issued2.000.000.000.000.000.000.00
Net change in cash0.07−0.040.010.010.000.030.00
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 29 MayMar 2026Filed 4 May
Earnings per share−₹4.23−₹1.89–₹0.81₹0.61−₹1.42
Diluted earnings per share−₹4.23−₹1.89–₹0.81₹0.61−₹1.42
Book value per share₹27.20₹25.31₹24.29₹25.10₹25.71₹24.29
Shareholder yield−55.4%0.0%0.0%0.0%0.0%–
Market cap at the year end (₹ crore)3.613.192.512.994.31–
Earnings per share is left blank for the year to Mar 2023: the earnings per share stated has the opposite sign to the profit stated beside it, so it is not shown.

Ratios

Standalone, years to March.

RatioMar 2021Mar 2022Mar 2023Mar 2024Mar 2025Filed 29 MayMar 2026Filed 4 May
Revenue growth–−57.1%60.2%122.2%−27.6%−100.0%
Operating profit growth––364.0%160.0%−91.4%–
Net profit growth––––−25.0%–
Earnings per share growth––––−24.7%–
−8.1%−7.2%−4.1%3.3%2.4%–
–0.9 pts3.1 pts7.4 pts−0.9 pts–
From the net margin–−8.1 pts4.8 pts5.6 pts0.1 pts–
From asset turnover–8.9 pts−1.7 pts1.8 pts−1.0 pts–
From borrowing–0.0 pts0.0 pts0.0 pts0.0 pts–
Return on capital employed–−7.2%−4.0%3.5%−3.6%−7.5%
Cash conversion–––9.8%11.4%–
Interest cover–––260.7––
Debt to equity0.020.020.030.020.020.03
Receivable days152456205355558–
Inventory days–0––––
Working capital days1,7942,3521,6681,0411,515–
Asset turnover0.090.040.070.150.100.00
Assets per rupee of net worth1.041.041.031.051.061.04
Sales per rupee of plant0.170.060.110.270.450.00
Capital spending to depreciation–2.780.000.000.000.00
Interest cover is left blank for the years to Mar 2022, Mar 2023, Mar 2025 and Mar 2026: operating profit after depreciation is a loss, and a loss covers no interest bill.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2026.

Return on assets, latest year
−5.4%
Measure5 years3 years
Return on equity, average−1.4%2.8%
Return on capital employed, average−3.8%−2.6%
Operating margin, average46.0%45.4%
Net margin, average−48.9%22.0%
Asset turnover, average0.070.08
Debt to equity, average0.020.02

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2026.

₹ crore5 years3 yearsLatest year
Cash from operations0.540.040.03
Cash from investing−0.520.000.00
Cash from financing−0.010.000.00
Capital spending0.520.000.00
Dividends paid0.000.000.00
Shares issued for cash0.000.000.00
Borrowings raised0.000.000.00
Borrowings repaid0.000.000.00

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Receivables growth less revenue growthOur threshold 0 percentage points86.23−88.09162.3341.4077.13
Other current assets growth less revenue growthOur threshold 5 per cent of revenue−566.1876.3622.854.73–
Effective tax ratePublished threshold 17.16 per cent––9.17––
Tax charged less tax paid, % of profitOur threshold 10 percentage points––−14.27––
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2026 the company reports one business segment, Technology, which carries all its revenue.

Who owns Adjia Technologies, filing by filing

Per cent of the company's shares. Every filing on record, from Sep 2021; the latest is the filing of 30 Sep 2026.

30 Sep 2026 filing

  • Promoters65.20%
  • Individuals and others34.80%

Shareholding pattern, per cent, from Mar 2023

  • Promoters
  • Individuals and others
65.20%34.80%65.20%65.20%65.20%65.20%65.20%65.20%65.20%34.80%34.80%34.80%34.80%34.80%34.80%34.80%Mar 23Sep 23Dec 23Mar 24Jun 24Sep 25Sep 26
Per centSep 2021Mar 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2025Sep 202630 Sep
65.20%65.20%65.20%65.20%65.20%65.20%65.20%65.20%
Indian promoters65.20%65.20%65.20%65.20%65.20%65.20%65.20%65.20%
34.80%34.80%34.80%34.80%34.80%34.80%34.80%34.80%
Shares in issue8,80,4008,80,4008,80,4008,80,4008,80,4008,80,4008,80,4008,80,400
Shares locked in6,10,0001,77,0001,77,0001,77,000––––
Promoters' shares locked in5,74,0001,77,0001,77,0001,77,000––––
Filings before Mar 2023 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state. “Under 0.01%” is a holding of shares too small to show at two decimals.

Number of Adjia Technologies shareholders

Shareholders on the company's register in each filing.

Shareholders, filing by filing

116Sep 21135Mar 23128Sep 23124Dec 23122Mar 24118Jun 24116Sep 25105Sep 26
ShareholdersSep 2021Mar 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2025Sep 202630 Sep
All shareholders116135128124122118116105
11111111
Indian promoters11111111
115134127123121117115104
Filings before Mar 2023 are on an older form, which did not split institutions into foreign and Indian and grouped some holders differently, so those columns show only the lines both forms state alike. A dash is a line the filing did not state.

Adjia Technologies promoters

Promoters are the founders, families and companies that control the company, as its filings name them. Every member of the promoter group holding shares in the filing of 30 Sep 2026; the largest is ROSHAN KUMAR SHRI TULSIRAM RAWAL, 65.20%.

Holder
ROSHAN KUMAR SHRI TULSIRAM RAWALIndividuals and Hindu undivided families65.20%5,74,000
No promoter shares are reported as pledged.

Largest public holders of Adjia Technologies, filing by filing

Per cent, on the same shares as the split above.

HolderSep 2021Mar 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2025Sep 202630 Sep
MUDIT AGRAWALResident individuals, over ₹2 lakh at face value4.09%4.09%4.09%4.09%4.09%4.09%4.09%4.09%
AJITNATH SUPPLIERS PRIVATE LIMITEDCompanies–––––––4.00%
CHIRAGKUMAR VALANIResident individuals, over ₹2 lakh at face value–––––2.73%3.09%2.91%
Jaipur Stocks Securities LimitedCompanies–1.27%1.27%1.27%––––
Praveen KumarResident individuals, over ₹2 lakh at face value5.09%–––––––
Shreni Shares Private LimitedOther non-institutions1.64%–––––––
A filing names every holder above one per cent, in the company's own words: an insurer's holding can carry one of its funds' names. A dash is a filing that did not name the holder, which includes holding under one per cent.

Who moved in the Sep 2026 filing

Against the Mar 2026 filing. A filing names a public holder only at 1% or more, so a holder no longer named fell under 1% or sold out.

  • Individuals and others: AJITNATH SUPPLIERS PRIVATE LIMITED 4.00%, +0.91 pts; CHIRAGKUMAR VALANI 2.91%, −0.18 pts

Adjia Technologies share price by year

Each calendar year to 2025.

YearClose at year endChangeHighest closeLowest close
202553.84+19.4%53.8442.02
202445.10+58.2%45.4928.50
202328.50+0.9%36.0024.50
202228.25−23.3%57.0522.00
202136.85–74.5025.00
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2025 is from its first session, 25 Mar 2025. 2023 is from its first session, 16 Jan 2023. 2021 is from its first session, 15 Mar 2021. The 2024 close is its last trade, on 10 Jul 2024.

Recent sessions

The 10 trading days to 12 Oct 2026, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
12 Oct 202664.5064.5064.5064.5064.501,600
6 Oct 202659.0064.5059.0064.5061.753,200
10 Aug 202661.8261.8261.8261.8261.821,600
22 Jun 202661.8061.8361.8061.8261.813,200
27 Apr 202658.8958.8958.8958.8958.893,200
6 Apr 202656.0956.0956.0956.0956.091,600
9 Feb 202653.0053.8453.0053.4253.423,200
12 Jan 202653.8453.8453.8453.8453.841,600
5 Jan 202653.8453.8453.8453.8453.841,600
22 Dec 202553.8453.8453.8453.8453.841,600
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
543269
ISIN
INE0G0V01018
Industry
IT - Software
CIN
L74140GJ2015PLC085465
Corporate identity number, the registrar of companies' code for it
Incorporated
2015
Registered office
102, Fairdeal House, Swastik Char Rasta, Opp. Xaviers Ladies Hostel, Navrangpura, Ahmedabad 380009, Gujarat
Share registrar
KFin Technologies Ltd
Keeps the register of shareholders and handles transfers and dividend payments