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NSE:GOLDTECH

AION-TECH SOLUTIONS LTD

Information Technology › IT - Software
₹40.17
at close · 30 Oct 2026
▲ 0.77 (+1.95%)

Latest filings

  1. AION-TECH invests Rs 30 lakh more in wholly owned ROQIT · Strategic Transactions
  2. AION-TECH appoints Nagesh Madastu as Chief Growth Officer · Management Changes
  3. Quarterly Share Capital Reconciliation Audit Report Sep 2026 · Compliance
All filings ↓
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Snapshot

What the business is, and whether it's a good one at a fair price.

AI · written from filings

Sells software licenses, IT/software services, and electric-vehicle mobility services, with three reporting segments contributing to consolidated FY26 revenue of Rs 135.032 crore. Software License is the largest stream at Rs 88.722 crore (65.5% of period segment revenue), with EBIT of Rs 5.374 crore. E-Vehicle Mobility brought in Rs 35.071 crore (25.9% share) and Rs 5.389 crore in EBIT — this line stems from the May 2025 acquisition of ETO Motors Private Limited through a Rs 1,944.77 crore share swap. IT/Software Services contributed Rs 11.566 crore (8.5% share) and Rs 3.573 crore in EBIT. The cost base is dominated by other operating expenses at 76.5% of revenue, with employees at 16.4% and depreciation at 13.8%; materials are reported at 0% of revenue. Operating cash flow was negative at Rs 239.35 million in FY26. The company operates three subsidiaries: Roqit Greenfleet Digital Solutions (wholly-owned, building fleet management tech for EV and hydrogen mobility, still pre-revenue), Staytop Systems Inc, and ETO Motors.

Revenue mix · reported segments
Software License65.5%
E-Vehicle Mobility25.9%
Information Technology / Software Services8.5%
Operating scale
FY26 consolidated revenue
Rs 135.032 croreFY26
ETO Motors acquisition value
Rs 1,944.77 million share swapMay 2025
Subsidiaries
3 (Roqit Greenfleet Digital Solutions, Staytop Systems Inc, ETO Motors)FY26
Total assets
Rs 446.981 croreFY26
EBITDA margin
20.44%FY26
Promoter and PAC holding
52.44% (Trinity Infraventures 36.25% + PACs 16.19%)Mar 2026
Who pays it
Enterprise and government clients buying software licenses and IT services, plus end-users of EV mobility services via subsidiary ETO Motors.
Biggest cost
Other operating expenses, at 76.5% of revenue in FY26, with employee cost at 16.4%.
Kind of business
Hybrid software and electric-mobility business, asset-lighter on the software side and capital-intensive via the acquired EV operations.
Where it sits
Small-cap IT-software company (NSE: GOLDTECH, BSE: 531439) that pivoted into EV mobility in FY26 by absorbing ETO Motors via share swap; previously known as Goldstone Technologies.
Market Cap
₹210 Cr
P / E (TTM)
—
EV / EBITDA
14.4×
Div Yield
—
Growth
22.0%▲
Revenue 5y CAGR
PAT — · EBITDA +126.9%
Quality
2.5%·
ROCE (5y median)
ROE 0.7% (5y median) · margin 20.4%
Leverage
0.23·
Debt / Equity · low
Net debt ₹63 Cr
Revenue FY21→FY26
2.7×▲
Margin +1.9 pts
₹50 Cr → ₹135 Cr
Cash conversion
-2.67×▼
Operating cash ÷ profit · 5 yrs
₹-26 Cr on ₹10 Cr
Moves on a normal day
1.90%·
Median daily move
Last 267 sessions · the yardstick for filing-day moves
Where it sits among 43 Software Products peersBar = share of peers beaten · tick = industry median · latest reported figures
P/B#9/38
ROCE#26/40
ROE#27/38
Debt / Equity#30/38
EBITDA margin#26/35
Revenue growth#11/33
Profit growth#34/41

Scorecard

Measured from the filed financials, judged against its Software Products peers · as of FY26 — not investment advice

Strengths
Revenue compounding 22% a year over 5 years
Concerns
Erratic profits — up in only 2 of the last 5 years
Returns on capital 2.5% (5-year median)
#26 of 40 in Software Products on the latest reported figures · up from 0.3% in FY21
Carries more debt than its peers — 0.23× equity
higher than 78% of its 38 Software Products peers
Over 5 years it reported ₹9.69 Cr of profit and an operating cash outflow of ₹26 Cr — -2.67×
Less than 60p of every ₹1 of profit arrived as cash

Charts

How has the market priced it — with filings on the timeline?

GOLDTECH · price

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Peers

How does it stack up on valuation, returns and growth?

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Financials

Quarterly & annual P&L, balance sheet, cash flow, ratios and segments.

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Ownership

Who owns it — and is the promoter stake clean?

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Common questions

Answered from AION-TECH SOLUTIONS LTD's filed financials and exchange disclosures

What does AION-TECH SOLUTIONS LTD do?

AION-TECH SOLUTIONS LTD is a IT - Software company listed on NSE and BSE, trading under the symbol GOLDTECH.

Is AION-TECH SOLUTIONS LTD profitable?

No. Over the trailing twelve months AION-TECH SOLUTIONS LTD reported a net loss of ₹7.54 Cr on revenue of ₹143 Cr.

Does AION-TECH SOLUTIONS LTD pay a dividend?

Not in the latest reported year — AION-TECH SOLUTIONS LTD's dividend payout for FY26 was nil.

Is AION-TECH SOLUTIONS LTD debt-free?

No. It reported borrowings of ₹73 Cr on its 31 Mar 2026 balance sheet, or net debt of ₹63 Cr after cash. Debt stands at 0.23× equity. That is higher than 78% of its 38 Software Products peers.

How much does the AION-TECH SOLUTIONS LTD share price move in a day?

On a typical session AION-TECH SOLUTIONS LTD moves 1.90% — that is the median absolute close-to-close move across its last 267 trading days. MarketPing measures each filing's price reaction against it.

Where can I track AION-TECH SOLUTIONS LTD's announcements?

Every NSE and BSE filing by AION-TECH SOLUTIONS LTD appears on this page, AI-summarised, alongside the price reaction that followed it. Follow the company to get each new filing on WhatsApp within minutes.

Figures are as last reported and may lag the latest filing. Not investment advice.