Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 4 Sep - Copy of Newspaper publication confirming dispatch of the Notice of 32nd Annual General Meeting
Source: Bse
AION-TECH SOLUTIONS LIMITED (GOLDTECH)
Small CapIT stocks · Small cap · NSE
AION-TECH SOLUTIONS LIMITED operates in Software Services, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 03:15 pm ISTDetails
Quote19 Oct, 03:15 pm IST
Base fundamentals06 Oct 2026 · screener
Latest result12 Aug, 06:17 pm IST
Score20 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · IT P/E 21.4 (n=204)
Technical timing lens
Trend score and candlestick chart
63BullishSMA20 -9.5% / mo · MACD + · sector +14.5pp vs Nifty 500 (3M)
Stock trend: 38
Sector RS: 100
Sector 3M: +8.9% vs Nifty 500 -5.6%
IT FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
GOLDTECHD candles · FIT view+5.4%Latest close ₹41.59 on 2026-10-19
Bar
+0.0%
RSI
43
MACD hist
0.07
52W pos
30%
2026-10-19O ₹41.59H ₹41.59L ₹41.59C ₹41.59Vol 8,413 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
GOLDTECHNifty ITNifty 500
- GOLDTECH
- -23.8%
- Nifty 500
- -5.6%
- Nifty IT
- +8.1%
- Vs Nifty 500
- -18.2 pp
Chart stats
19 Oct 2026- From 52W high
- -40.6%
- 52W range position
- 30%
- ATR (14)
- 3.4%
- Volume vs 20D
- 0.63x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹39.5 - ₹50
₹70
₹29.7 - ₹70
₹1.4
Latest completed session
20-session average
43.2% annualized volatility
Research snapshot
What the evidence says now
Weak fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend is neutral, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · OVERVALUED29
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad15
Revenue +40.4% · PAT -143.8% YoY
Technical
Bullish63
Price trend and sector-relative-strength timing.
Valuation
Legacy model-174.4%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence61
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 15/100PAT -144% YoY · Rev +40% YoY · margin expansion
Filed 12 Aug 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹27 Cr | +40.4% | -35.2% |
| EBITDA | ₹1.3 Cr | +138.5% | -79.4% |
| Operating margin | 5.0% | +2305 bps | -1064 bps |
| PAT | ₹-2.6 Cr | -143.8% | NDF |
| PAT margin | -9.6% | -4044 bps | -317 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 33.00
- P/B
- 0.76
- EV/EBITDA
- 28.49
- Market Cap
- 224.00Cr
Profitability
- ROE
- 0.95%
- ROCE
- 3.47%
- ROA
- 2.02%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 19.00%
- EPS 5Y
- 5.00%
- Revenue 3Y
- 10.00%
- EPS 3Y
- -12.00%
Balance Sheet
- Debt/Equity
- 0.01
- Interest Coverage
- 8.67×
- Altman Z
- 6.94
- Book Value
- 56.20
Cash Flow
- FCF Yield
- 5.17%
- FCF Positive Y
- 7/5
- OCF
- -23.94 Cr
- EPS TTM
- 1.23
Shareholding
- Promoter Hold
- 52.44%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 33%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 135+51.7% vs prev
Net Profit
₹ CrLatest: 1.0-90.0% vs prev
Return on Equity
%Latest: 0.3-96.8% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 43. Wait for confirmation.
- Price below SMA200 (long-term downtrend) — short-term bounces likely countertrend.
- SMA20 falling (~10.5% over last month) — short-term momentum negative.
- RSI(14) at 43 — rising, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- 41% off 52W high · 40% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
34
RS percentile
Stage 1 Base / Transition
1M return
+0.7%
3M return
-23.8%
6M return
+3.2%
1Y return
-28.2%
RS 1D
+6
RS 20D
+5
Sector rank
#8
Industry rank
#39
Stage evidence
- Price is 9.6% below the 30-week proxy without full trend alignment.
- The 30-week proxy changed +1.0% over 20 sessions.
- The moving-average structure does not confirm Stage 2 or Stage 4.
50-DMA
price below
200-DMA
price below
Sector
improving
Industry
improving
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 69.37+3.05%
RS vs Nifty 50069
Valuation & peers
U-Score 29 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
Valuation & peers
U-Score 29 · legacy U-Score band OVERVALUED · valuation evidence and comparable companies
OVERVALUED
Fundamental score breakdown
U band · OVERVALUEDValuation3/30
Growth7/25
Quality0/20
Balance Sheet11/15
Cash Flow8/10
Piotroski
5/9 (+3)
Penalties
-3
Raw sum
29
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
29/100 · legacy band OVERVALUED
Positive drivers
- FCF yield is supportive at 5.2%.
- Cash flow contributes 8/10 to the score.
- Balance sheet contributes 11/15 to the score.
Main drags
- Penalty bucket subtracts 3 points.
- Fair-value margin of safety is negative at -174.4%.
- Quality is weaker at 0/20; verify the latest quarterly trend.
Sector valuation model
IT valuation: PE and EV/EBITDA against growth and margins
Asset-light IT companies deserve valuation support only when growth, margins, and cash conversion hold up.
Primary lens
PE and EV/EBITDA relative to revenue growth, margins, and cash conversion.
Secondary checks
Deal pipeline, attrition, dollar revenue growth, FCF yield.
Main risk check
Low PE can reflect weak growth or margin pressure.
PE
33.0
PB
0.8
EV/EBITDA
28.5
ROE
0.9%
ROCE
3.5%
FCF Yield
5.2%
Debt/Equity
0.0
MoS
-174.4%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 20 Oct 2026
v4.3-runtime-valuation
Final score
29
Previous: 29
Legacy U-Score band
OVERVALUED
Previous: OVERVALUED
Margin of safety
-174.4%
Previous: -174.4%
Score history
12 stored score snapshots. Latest stored move: +0 points.
20 Oct 2026
v4.3-runtime-valuation
29
29
29
29
29
29
29
29
29
29
29
29
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹39.44
-5.5% MoS
Growth-justified P/E
12.3
Growth-justified Value
₹15.15
-174.4% MoS
PEG
6.60
Comparable companies
Peers
Business-comparable peers in IT — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
FCSSOFT
Small
FCS Software Solutions Limited
IT Services / Digital
match 167
36
60.2
0.8%
-337%
WATCHLIST
MHLXMIRU
Small
Mahalaxmi Rubtech Limited
IT Services / Digital
match 166
32
20.9
8.5%
+35%
WATCHLIST
COMFINTE
Small
Comfort Intech Limited
IT Services / Digital
match 166
14
128.0
1.3%
-5842%
OVERVALUED
NOVAAGRI
Small
Nova Agritech Limited
IT Services / Digital
match 165
52
16.0
5.7%
+51%
FAIR VALUE
TAKE
Small
Take Solutions Limited
IT Services / Digital
match 165
40
30.2
16.5%
+56%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
AION-TECH SOLUTIONS LIMITED operates in Software Services, within the IT sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
61Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 32nd percentile of the scored universe and 28th percentile within IT. Main check: financial discipline is weak at 40/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
1 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
32nd percentile
overall median 67 · IT: 28th pctile, median 69 · Small: 36th pctile, median 66
Evidence depth
Financial-only
1 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
60
acceptable · holding, pledge, alignment
Cash flow
62
acceptable · profit to cash conversion
Balance sheet
96
strong · leverage and solvency
Discipline
40
weak · capital discipline
Results
43
weak · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 4.7%.
- ▸7 years of positive FCF.
- ▸Debt/equity is 0.01.
Trust risks
- ▸Promoter holding fell 6.4%.
- ▸Operating cash flow is negative at ₹-24 Cr.
- ▸3 latest quarters had PAT decline worse than 25% YoY.
- ▸ROCE is low at 3.5%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching AION-TECH SOLUTIONS LIMITED
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 29 Aug - Copies of Newspaper publication regarding the 32nd AGM of the Company to be held through VC/OAVM
Source: Bse
AnnouncementJun 2026
Jun 2026 · Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Aug - Newspaper publication pertaining to the Un audited Financial Results for the Quarter ended June 30, 2026
Source: Bse
AnnouncementMay 2026
May 2026 · Shareholder Meeting / Postal Ballot-Outcome of Postal_Ballot 5 May
Source: Bse
AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Change in Management 5 May - Shareholders approved Chanakya Bellam Radha Krishna’s appointment as Whole-time Director from 1 May 2026 for three years.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 30 May - Newspaper publication pursuant to Regulation 47 of SEBI (LODR) Regulations, 2015
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Bse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.