---
title: "Aftek Ltd (AFTEK) — Share Price, Financials & Analysis"
symbol: "AFTEK"
company: "Aftek Ltd"
canonical: "https://tapetide.com/stocks/AFTEK"
generated_at: "2026-10-13T10:58:21.678Z"
---

# Aftek Ltd (AFTEK)

Canonical page: https://tapetide.com/stocks/AFTEK

## Company

- **Stock Type:** EQUITY
- **Face Value:** ₹2
- **F&O Eligible:** No
- **Website:** aftek.com

## About

Aftek is engaged in the business of sale of software services. The Company provides a range of information technology (IT) services, including systems; hardware and software; communications and networking; hardware sizing and capacity planning; software management solutions; technology education services, and business process outsourcing.

## Latest Price

## Key Insights

### Strengths

- Company has reduced debt.
- Company is almost debt free.
- Stock is trading at 0.90 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -37.5% over past five years.
- Company has a low return on equity of -6.65% over last 3 years.
- Company has high debtors of 9,977 days.
- Company's cost of borrowing seems high
- Working capital days have increased from 4,312 days to 7,716 days

## Growth Rates

| Metric | 1Y | 3Y | 5Y |
| --- | --- | --- | --- |
| net income growth | -50% | — | — |
| revenue growth | -92% | -47% | -37% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2015 | Jun 2015 | Sep 2015 | Dec 2015 | Mar 2016 | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 12 | 7 | 7 | 6 | 5 | 5 | 3 | 3 | 0 | 0 | 0 | 0 |
| Expenses | 18 | -4 | -7 | -2 | 0 | -4 | 4 | -6 | 8 | 0 | -2 | 5 |
| Operating Profit | -6 | 11 | 14 | 7 | 5 | 9 | -1 | 9 | -7 | 0 | 2 | -5 |
| OPM % | -45 | 158 | 201 | 130 | 96 | 188 | -30 | 282 | -1858 | 55 | 1721 | -1229 |
| Other Income | 3 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 | 2 |
| Depreciation | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 12 | 8 | 8 | 8 | 8 |
| Profit before tax | -17 | -3 | 0 | -7 | -9 | -4 | -14 | -5 | -17 | -10 | -8 | -15 |
| Tax % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Profit | -17 | -3 | 0 | -7 | -9 | -4 | -14 | -5 | -17 | -10 | -8 | -15 |
| EPS in Rs | -1.56 | -0.25 | 0 | -0.62 | -0.84 | -0.4 | -1.31 | -0.44 | -1.55 | -0.88 | -0.69 | -1.34 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 220 | 182 | 155 | 121 | 111 | 76 | 53 | 25 | 12 | 1 |
| Expenses | 140 | 95 | 53 | 78 | 58 | 24 | 16 | 2 | 12 | 11 |
| Operating Profit | 80 | 87 | 101 | 43 | 53 | 52 | 37 | 23 | -1 | -10 |
| OPM % | 36 | 48 | 65 | 35 | 48 | 68 | 70 | 91 | -8 | -785 |
| Other Income | -34 | 3 | 15 | 68 | 9 | 15 | 8 | 15 | 0 | 0 |
| Interest | 3 | 4 | 9 | 11 | 10 | 8 | 8 | 8 | 8 | 8 |
| Depreciation | 54 | 83 | 93 | 89 | 82 | 78 | 56 | 49 | 32 | 32 |
| Profit before tax | -10 | 3 | 15 | 12 | -29 | -19 | -19 | -19 | -41 | -49 |
| Tax % | 27 | 91 | 5 | 6 | -14 | -3 | 0 | 0 | 0 | — |
| Net Profit | -13 | 0 | 14 | 11 | -25 | -18 | -19 | -19 | -41 | -49 |
| EPS in Rs | -1.37 | 0.03 | 1.49 | 1.22 | -2.29 | -1.66 | -1.77 | -1.75 | -3.7 | -4.46 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 19 | 19 | 19 | 19 | 19 | 22 | 22 | 22 | 22 | 22 |
| Reserves | 632 | 617 | 615 | 432 | 425 | 427 | 409 | 390 | 370 | 330 |
| Borrowings | 79 | 91 | 115 | 136 | 140 | 115 | 119 | 113 | 116 | 114 |
| Other Liabilities | 54 | 23 | 26 | 31 | 43 | 42 | 52 | 59 | 67 | 75 |
| Total Liabilities | 784 | 750 | 775 | 618 | 627 | 606 | 602 | 583 | 576 | 540 |
| Fixed Assets | 117 | 136 | 212 | 219 | 140 | 111 | 83 | 27 | 74 | 42 |
| CWIP | 22 | 145 | 136 | 28 | 120 | 237 | 227 | 227 | 132 | 132 |
| Investments | 116 | 29 | 30 | 29 | 24 | 24 | 23 | 10 | 10 | 6 |
| Other Assets | 528 | 441 | 397 | 342 | 344 | 234 | 269 | 319 | 360 | 361 |
| Total Assets | 784 | 750 | 775 | 618 | 627 | 606 | 602 | 583 | 576 | 540 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 91 | 61 | 116 | 126 | 130 | -1 | 0 | 0 | 0 | 0 |
| Cash from Investing Activity | -81 | -108 | -188 | -305 | -195 | 0 | 2 | 0 | 0 | 0 |
| Cash from Financing Activity | 29 | -9 | 25 | 11 | -5 | 0 | -1 | 0 | 0 | 0 |
| Net Cash Flow | 39 | -56 | -46 | -168 | -70 | 0 | 0 | 0 | 0 | 0 |
| Free Cash Flow | 20 | -134 | -34 | -178 | -60 | -1 | 0 | 0 | 0 | 0 |
| CFO/OP | 85 | 74 | 137 | 126 | 304 | -1 | 0 | -1 | 0 | 15 |

### Ratios

| Item | Mar 2008 | Mar 2009 | Mar 2010 | Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 109 | 218 | 286 | 320 | 381 | 621 | 1083 | 1902 | 4649 | 9977 |
| Cash Conversion Cycle | 109 | 218 | 286 | 320 | 381 | 621 | 1083 | 1902 | 4649 | 9977 |
| Working Capital Days | 125 | 224 | 275 | 266 | 276 | 493 | 845 | 1515 | 3705 | 7716 |
| ROCE % | 12 | 17 | 1 | 4 | 3 | -3 | -2 | -2 | -2 | -7 |

## Shareholding Pattern

### annual

| Category | Mar 2017 | Mar 2018 |
| --- | --- | --- |
| Promoters | 2.05% | 2.05% |
| DIIs | 1.36% | 1.36% |
| Public | 96.59% | 96.59% |
| No. of Shareholders | 52516 | 52516 |

### Quarterly

| Category | Jun 2016 | Sep 2016 | Dec 2016 | Mar 2017 | Jun 2017 | Sep 2017 | Dec 2017 | Mar 2018 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 3.19% | 3.19% | 3.2% | 2.05% | 2.05% | 2.05% | 2.05% | 2.05% |
| DIIs | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% | 1.36% |
| Public | 95.45% | 95.45% | 95.45% | 96.59% | 96.59% | 96.59% | 96.6% | 96.59% |
| No. of Shareholders | 52556 | 52556 | 52563 | 52516 | 52516 | 52516 | 52516 | 52516 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 5 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 472.38 | Buy |
| EMA (10) | 477.87 | Buy |
| SMA (20) | 512.07 | Sell |
| EMA (20) | 490.42 | Sell |
| SMA (50) | 494.45 | Sell |
| EMA (50) | 524.38 | Sell |
| SMA (100) | 607.39 | Sell |
| EMA (100) | 596.94 | Sell |
| SMA (200) | 760.25 | Sell |
| EMA (200) | 718.5 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 45.43 | Neutral |
| MACD (12,26,9) | -14.91 | Sell |
| Stochastic (14,3,3) | 13.28 | Buy |
| ADX (14) | 31.36 | Buy |
| Williams %R (14) | -78.02 | Neutral |
| ATR (14) | 27.73 | High Volatility |
| ROC (12) | -0.52 | Sell |
| Stoch RSI (14) | 72.08 | Neutral |
| UO (7,14,28) | 42.19 | Neutral |

## Filings & Documents

### Other Documents

| Date | Document |
| --- | --- |
| 2018-05-30 | [Standalone Financial Results, Auditors Report for March 31, 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/E6B7F046_0ADD_4642_98C5_752012E914B4_185253.pdf) |
| 2018-05-21 | [Board Meeting Intimation](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2a03be20-a2b6-460f-8cfb-f552c7019246.pdf) |
| 2018-05-21 | [Board Meeting Intimation](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/5/2a03be20-a2b6-460f-8cfb-f552c7019246.pdf) |
| 2018-03-31 | [Results For Quarter Ending 31St March, 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/3/4a4ebd30-28ca-4f36-a2f6-02e04319a149.pdf) |
| 2018-03-31 | [Reconcilation Statement And LLR Report For Quarter Ended 30.06.2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/3/69d6a700-59bd-4f2e-9632-b8510cb02a98.pdf) |
| 2018-02-14 | [Board Meeting-Outcome of Board Meeting](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=efb5cbd4-1fe9-4f99-880a-d05d615b325f.pdf) |
| 2018-02-14 | [Board Meeting-Outcome of Board Meeting](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/efb5cbd4-1fe9-4f99-880a-d05d615b325f.pdf) |
| 2018-02-08 | [Investor Compliants As On 31St December, 2017](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=feba0135-582f-4868-a61d-385d32b6d814.pdf) |
| 2018-02-08 | [Investor Compliants As On 31St December, 2017](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/feba0135-582f-4868-a61d-385d32b6d814.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| Mar 2017 | [Annual Report 2017](https://www.bseindia.com/bseplus/AnnualReport/530707/5307070317.pdf) |
| Mar 2016 | [Annual Report 2016](https://www.bseindia.com/bseplus/AnnualReport/530707/5307070316.pdf) |
| Mar 2016 | [Financial Year 2016](https://www.bseindia.com/bseplus/AnnualReport/512413/5124130316.pdf) |
| Mar 2015 | [Annual Report 2015](https://www.bseindia.com/bseplus/AnnualReport/530707/5307070315.pdf) |
| Mar 2015 | [Financial Year 2015](https://www.bseindia.com/bseplus/AnnualReport/512413/5124130315.pdf) |
| Mar 2014 | [Financial Year 2014](https://www.bseindia.com/bseplus/AnnualReport/512413/5124130314.pdf) |
| Mar 2013 | [Financial Year 2013](https://www.bseindia.com/bseplus/AnnualReport/512413/5124130313.pdf) |
| 2013 | [Financial Year 2013](https://archives.nseindia.com/annual_reports/AR_2142_SPECTACLE_2012_2013_30092013162028.zip) |
| Mar 2012 | [Financial Year 2012](https://www.bseindia.com/bseplus/AnnualReport/512413/5124130312.pdf) |
| 2012 | [Annual Report 2012](https://archives.nseindia.com/annual_reports/AR_2627_AFTEK_2011_2012_22102013160032.zip) |

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Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-10-13T10:58:21.678Z.