GAJA ALT Asset MGT LTD

Gaja Alt Asset Mgt Ltd (GAJA) is a micro-cap Financial Services company valued at ₹2,055 crore operating in Asset Management Company on the NSE and BSE.

Recent price move

Gaja Alt Asset Mgt Ltd last traded at ₹145.5, modestly up 1.20% on the day.

Recent developments

On 2026-08-26, the company's share price jumped nearly 20% on its debut day, listing at ₹185 on the NSE and ₹185.20 on the BSE. The IPO was subscribed 31.33 times, with QIBs leading demand at 43.58 times and NIIs subscribing 62.35 times. The IPO ended with a price-to-market premium of 11%.

Financial performance

The company's revenue rose 48.7% annually, reaching ₹58 crore, while net profit fell 72.5% year-on-year to ₹11 crore. The latest quarter saw revenue rise 4.3% year-on-year to ₹16 crore, but net profit surged 353.7% to ₹27 crore, indicating a strong recovery in profitability in the most recent period.

Valuation multiples

The stock trades at 0.0 times earnings, a discount to the Financial Services median of 19.3, 2.07 times book value. It yields 0.5%.

Things to watch

The net profit margin fell 83.6 percentage points to 19.0%, down from 102.6% the prior year. The company's return on equity is low at 4.8%, and the stock is 29.4% below its 52-week high. Earnings include an other income of ₹11.9 crore, which may not reflect core operational performance.

Where it stands

The company's business shows strong growth in revenue and a sharp rebound in net profit in the latest quarter, but the annual net profit decline and a significant drop in the net profit margin raise concerns. The stock is 29.4% below its 52-week high, and the return on equity remains low at 4.8%.

Summarised by DocStoX's model on 2026-10-04 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.