Vertex Securities Ltd
₹ 3.87
1.84%
16 Feb
11:08 a.m.
About
Incorporated in 1993, Vertex Securities Ltd offers an end-to-end online digital platform for trading in Equity and Derivatives.[1]
Key Points
- Market Cap ₹ 28.6 Cr.
- Current Price ₹ 3.87
- High / Low ₹ 5.75 / 3.18
- Stock P/E
- Book Value ₹ 1.21
- Dividend Yield 0.00 %
- ROCE -2.14 %
- ROE -7.62 %
- Face Value ₹ 2.00
Pros
Cons
- Stock is trading at 3.15 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 9.94% over past five years.
- Company has a low return on equity of -3.59% over last 3 years.
- Company has high debtors of 197 days.
- Working capital days have increased from -112 days to 116 days
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Financial Services Financial Services Finance Other Financial Services
Loading peers table ...
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 4.67 | 4.30 | 4.70 | 5.80 | 6.56 | 6.32 | 5.26 | 7.63 | 8.66 | 7.58 | 8.47 | 8.45 | 6.86 | |
| 5.70 | 4.96 | 4.98 | 5.34 | 6.02 | 6.02 | 7.95 | 6.78 | 7.31 | 7.09 | 7.50 | 8.66 | 8.05 | |
| Operating Profit | -1.03 | -0.66 | -0.28 | 0.46 | 0.54 | 0.30 | -2.69 | 0.85 | 1.35 | 0.49 | 0.97 | -0.21 | -1.19 |
| OPM % | -22.06% | -15.35% | -5.96% | 7.93% | 8.23% | 4.75% | -51.14% | 11.14% | 15.59% | 6.46% | 11.45% | -2.49% | -17.35% |
| 0.44 | 0.93 | 0.53 | 0.79 | 1.08 | 0.55 | 0.25 | 0.69 | 0.33 | 0.28 | 0.23 | 0.19 | 0.41 | |
| Interest | 0.12 | 0.21 | 0.58 | 0.64 | 0.65 | 0.52 | 0.62 | 0.80 | 1.12 | 1.22 | 0.59 | 0.47 | 0.37 |
| Depreciation | 0.28 | 0.34 | 0.28 | 0.22 | 0.20 | 0.17 | 0.35 | 0.34 | 0.34 | 0.26 | 0.25 | 0.26 | 0.28 |
| Profit before tax | -0.99 | -0.28 | -0.61 | 0.39 | 0.77 | 0.16 | -3.41 | 0.40 | 0.22 | -0.71 | 0.36 | -0.75 | -1.43 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | -2.78% | 0.00% | |
| -0.99 | -0.28 | -0.61 | 0.39 | 0.77 | 0.17 | -3.41 | 0.41 | 0.22 | -0.71 | 0.38 | -0.75 | -1.43 | |
| EPS in Rs | -0.21 | -0.04 | -0.08 | 0.05 | 0.10 | 0.02 | -0.46 | 0.06 | 0.03 | -0.10 | 0.05 | -0.10 | -0.19 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 10% |
| 3 Years: | -1% |
| TTM: | -31% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -9% |
| 5 Years: | 12% |
| 3 Years: | % |
| TTM: | -458% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 2% |
| 5 Years: | 38% |
| 3 Years: | 32% |
| 1 Year: | -21% |
| Return on Equity | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | -1% |
| 3 Years: | -4% |
| Last Year: | -8% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 9.54 | 14.75 | 14.75 | 14.80 | 14.80 | 14.80 | 14.80 | 14.80 | 14.80 | 14.80 | 14.80 | 14.80 | 14.80 |
| Reserves | -1.31 | -1.89 | -2.50 | -2.11 | -1.33 | -1.33 | -4.81 | -4.43 | -4.22 | -4.93 | -4.57 | -5.34 | -5.87 |
| 12.15 | 1.66 | 2.49 | 2.71 | 3.90 | 3.36 | 4.04 | 4.16 | 4.34 | 7.39 | 3.02 | 3.47 | 5.20 | |
| 6.98 | 7.90 | 7.79 | 11.92 | 10.29 | 12.30 | 10.30 | 22.58 | 31.79 | 29.80 | 23.17 | 19.41 | 14.76 | |
| Total Liabilities | 27.36 | 22.42 | 22.53 | 27.32 | 27.66 | 29.13 | 24.33 | 37.11 | 46.71 | 47.06 | 36.42 | 32.34 | 28.89 |
| 1.46 | 1.02 | 0.90 | 0.74 | 0.59 | 0.51 | 1.34 | 1.06 | 0.78 | 0.68 | 0.69 | 0.46 | 1.07 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 17.19 | 6.11 | 6.11 | 6.11 | 6.11 | 5.88 | 5.88 | 3.88 | 3.89 | 3.89 | 2.39 | 2.39 | 2.39 |
| 8.71 | 15.29 | 15.52 | 20.47 | 20.96 | 22.74 | 17.11 | 32.17 | 42.04 | 42.49 | 33.34 | 29.49 | 25.43 | |
| Total Assets | 27.36 | 22.42 | 22.53 | 27.32 | 27.66 | 29.13 | 24.33 | 37.11 | 46.71 | 47.06 | 36.42 | 32.34 | 28.89 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.17 | 0.98 | -0.81 | 1.04 | -0.09 | 1.08 | -0.13 | 4.80 | 11.08 | -7.97 | -14.83 | -0.27 | |
| 0.41 | 0.05 | 0.05 | 0.11 | 0.56 | -0.64 | 2.61 | -2.05 | -7.07 | 8.87 | 9.13 | 0.39 | |
| -2.07 | -0.57 | 0.25 | -0.44 | 0.96 | -0.53 | -0.39 | -0.45 | -0.72 | 1.97 | -4.91 | 0.11 | |
| Net Cash Flow | -1.49 | 0.46 | -0.51 | 0.71 | 1.43 | -0.09 | 2.09 | 2.29 | 3.29 | 2.87 | -10.62 | 0.23 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 232.91 | 297.09 | 259.38 | 353.04 | 336.62 | 363.84 | 56.21 | 196.61 | 239.40 | 547.02 | 169.79 | 196.54 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 232.91 | 297.09 | 259.38 | 353.04 | 336.62 | 363.84 | 56.21 | 196.61 | 239.40 | 547.02 | 169.79 | 196.54 |
| Working Capital Days | -26.57 | 421.87 | 391.40 | 310.88 | 243.70 | -173.26 | -491.99 | -437.71 | -817.25 | -582.17 | 129.71 | 115.76 |
| ROCE % | -4.94% | -1.49% | -0.21% | 6.83% | 8.73% | 3.98% | -18.08% | 8.40% | 9.10% | 3.17% | 6.23% | -2.14% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
11 Feb - Company in its meeting held on February 10, 2026, has approved the unaudited (Standalone and Consolidated ) Financial Results of the Company for the quarter …
-
Board Meeting Outcome for Intimation Under Regulation 30 Of The SEBI (Listing Obligation And
Disclosure Requirements) Regulations, 2015 - Outcome Of Board Meeting
10 Feb - Approved unaudited results for quarter ended 31 Dec 2025; Q3 standalone loss Rs43.77 lakh, 9M loss Rs96.26 lakh
-
Board Meeting Intimation for Prior Intimation Under Regulation 29 Of SEBI (LODR)
Regulations, 2015,
4 Feb - Board meeting Feb 10, 2026 to approve unaudited Q3 results; trading window closed until 48 hours post-announcement.
-
Board Meeting Outcome for Outcome Of Board Meeting
28 Jan - Board approved rights issue up to Rs15 Crore; rights committee constituted; draft Letter of Offer to be filed.
-
Board Meeting Intimation for Intimation Of The Board Meeting Pursuant To Regulation 29 Of The SEBI (Listing
Obligations & Disclosure Requirements) Regulations, 2015.
22 Jan - Board meeting on Jan 28, 2026 to consider fund-raising; trading window closed from Jan 1, 2026.
Annual reports
-
Financial Year 2025
from bse
-
Financial Year 2024
from bse
-
Financial Year 2023
from bse
-
Financial Year 2022
from bse
-
Financial Year 2021
from bse
-
Financial Year 2020
from bse
-
Financial Year 2019
from bse
-
Financial Year 2018
from bse
-
Financial Year 2017
from bse
-
Financial Year 2016
from bse
-
Financial Year 2015
from bse
-
Financial Year 2014
from bse
-
Financial Year 2013
from bse
-
Financial Year 2012
from bse
-
Financial Year 2011
from bse
Concalls
-
Nov 2022TranscriptAI SummaryPPT
Business Overview:[1]
VSL is registered as a Merchant Banker, AMFI registered Mutual Fund Distributor and Research Analyst. The company has a Pan India client base through a network of nearly 100 branches and franchisees with a large presence in Kerala