GAJA
Gaja Alternative Asset Management Limited
Gaja Alternative Asset Management Limited (GAJA) financial statements and selected valuation metrics through 30 June 2026.
Financial Services›Financial Services›Capital Markets›Asset Management Company
Key metrics
Price as of 2026-10-23
Full years shown; sign in free for the trailing twelve months. Learn about these metrics →
Price & valuation
Share price and valuation multiples (P/E, P/B and more) over time.
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What you need to know
Gaja Alternative Asset Management is the listed asset manager of Gaja Capital, which raises private equity funds from Indian and overseas investors and invests in growth-stage Indian mid-market companies, earning management fees and a share of the profits.
Company snapshot
8thBy market cap
Ranked among 9 companies in Asset Management Company.
What we see
- ✓Net margin of 60.5% — the business keeps a healthy share of every rupee it earns.
- ✗Operating cash flow is negative even though the company shows a profit — the business may not be generating real cash yet.
Statement tables · Consolidated
Switches quarterly, P&L, balance sheet, and cash flow. Key metrics and ratios stay on consolidated when available.
Amounts in ₹ Cr · tap + to expand rows
Quarterly results
Quarterly · ₹ Cr · tap + rows to expand
| Metric | Jun 2026 |
|---|---|
| Sales | 16 Cr |
| Operating expenses (approx.) | 18 Cr |
| EBITDA | -2 Cr |
| OPM % | -13.2% |
| Other income | 36 Cr |
| Interest | 1 Cr |
| Depreciation | 0.89 Cr |
| Profit before tax | 32 Cr |
| Tax % | 14.8% |
| Net profit | 27 Cr |
| EPS (₹) | ₹2.38 |
Profit & loss (annual)
Annual · last column is TTM · ₹ Cr · tap + to expand
| Metric | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|
| Sales | 96 Cr | 122 Cr | 136 Cr | Sign in free for the trailing twelve months |
| Operating expenses (approx.) | 46 Cr | 61 Cr | 63 Cr | Sign in free for the trailing twelve months |
| EBITDA | 49 Cr | 61 Cr | 72 Cr | Sign in free for the trailing twelve months |
| OPM % | 51.5% | 49.8% | 53.2% | Sign in free for the trailing twelve months |
| Other income | 8 Cr | 1 Cr | 22 Cr | Sign in free for the trailing twelve months |
| Interest | 1 Cr | 0.90 Cr | 4 Cr | Sign in free for the trailing twelve months |
| Depreciation | 1 Cr | 2 Cr | 3 Cr | Sign in free for the trailing twelve months |
| Profit before tax | 55 Cr | 59 Cr | 87 Cr | Sign in free for the trailing twelve months |
| Tax % | 18.6% | -5.3% | 6.2% | Sign in free for the trailing twelve months |
| Net profit | 45 Cr | 62 Cr | 82 Cr | Sign in free for the trailing twelve months |
| EPS (₹) | ₹4.28 | ₹5.71 | ₹7.17 | Sign in free for the trailing twelve months |
| Dividend payout % | — | — | — | Sign in free for the trailing twelve months |
The latest four quarters added up, next to each full year
Balance sheet
Annual · ₹ Cr · tap + rows to expand
| Metric | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Equity capital | 0.02 Cr | 0.02 Cr | 56 Cr |
| Reserves | 332 Cr | 389 Cr | 550 Cr |
| Borrowings | 4 Cr | 4 Cr | 42 Cr |
| Other liabilities | 51 Cr | 54 Cr | 52 Cr |
| Total liabilities | 389 Cr | 452 Cr | 706 Cr |
| Fixed assets (net) | 2 Cr | 1 Cr | 2 Cr |
| CWIP | — | — | 4 Cr |
| Investments | 251 Cr | 238 Cr | 360 Cr |
| Trade receivables | 63 Cr | 132 Cr | 131 Cr |
| Cash & bank | 24 Cr | 25 Cr | 71 Cr |
| Other assets | 49 Cr | 56 Cr | 138 Cr |
| Total assets | 389 Cr | 452 Cr | 706 Cr |
Cash flows
Annual · ₹ Cr · tap + rows to expand · last column includes FCF
| Metric | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| Cash from operating activity | 21 Cr | -9 Cr | -15 Cr |
| Cash from investing | -6 Cr | 14 Cr | -109 Cr |
| Cash from financing | -6 Cr | -7 Cr | 152 Cr |
| Net cash flow | 9 Cr | -1 Cr | 28 Cr |
| Free cash flow (OCF − Capex) | 19 Cr | -9 Cr | -21 Cr |
Ratios
| Metric | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|
| ROCE % | 16.6% | 15.0% | 14.0% |
| ROE % | 13.3% | 15.1% | 13.0% |
| Debtor days | 240 | 393 | 353 |
| Inventory days | — | — | — |
| Days payable | 31 | 46 | 22 |
| Cash conversion cycle | 209 | 347 | 331 |
| Debt / equity | 0.01 | 0.01 | 0.07 |
| Current ratio | 7.78 | 9.18 | 6.55 |
| Net debt / EBITDA | -0.41 | -0.35 | -0.41 |