Vertex Securities Ltd
₹ 4.65
-3.12%
22 May
3:31 p.m.
About
Incorporated in 1993, Vertex Securities Ltd is engaged as stock and securities broker and provides financial services[1]
Key Points
- Market Cap ₹ 34.4 Cr.
- Current Price ₹ 4.65
- High / Low ₹ 7.36 / 3.39
- Stock P/E
- Book Value ₹ 1.19
- Dividend Yield 0.00 %
- ROCE -1.83 %
- ROE -7.63 %
- Face Value ₹ 2.00
Pros
Cons
- Stock is trading at 3.91 times its book value
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of 5.78% over past five years.
- Company has a low return on equity of -2.80% over last 3 years.
- Company has high debtors of 222 days.
- Working capital days have increased from -79.6 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
Sector: Stock/ Commodity Brokers Industry: Finance & Investments
Loading peers table ...
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 5.32 | 5.10 | 5.81 | 7.47 | 8.17 | 7.38 | 6.32 | 8.59 | 9.21 | 8.09 | 8.80 | 8.37 | |
| 6.95 | 5.79 | 5.87 | 6.57 | 7.07 | 6.91 | 9.87 | 7.48 | 7.79 | 7.45 | 7.79 | 9.13 | |
| Operating Profit | -1.63 | -0.69 | -0.06 | 0.90 | 1.10 | 0.47 | -3.55 | 1.11 | 1.42 | 0.64 | 1.01 | -0.76 |
| OPM % | -30.64% | -13.53% | -1.03% | 12.05% | 13.46% | 6.37% | -56.17% | 12.92% | 15.42% | 7.91% | 11.48% | -9.08% |
| 0.63 | 1.02 | 0.40 | 0.52 | 0.57 | 0.58 | 0.30 | 0.74 | 0.34 | 0.29 | 0.29 | 0.74 | |
| Interest | 0.14 | 0.22 | 0.60 | 0.65 | 0.67 | 0.52 | 0.62 | 0.80 | 1.12 | 1.22 | 0.59 | 0.42 |
| Depreciation | 0.39 | 0.44 | 0.35 | 0.29 | 0.25 | 0.20 | 0.39 | 0.38 | 0.36 | 0.27 | 0.25 | 0.27 |
| Profit before tax | -1.53 | -0.33 | -0.61 | 0.48 | 0.75 | 0.33 | -4.26 | 0.67 | 0.28 | -0.56 | 0.46 | -0.71 |
| Tax % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 3.03% | 0.00% | 0.00% | 0.00% | -1.79% | -2.17% | 0.00% |
| -1.53 | -0.33 | -0.61 | 0.48 | 0.75 | 0.31 | -4.25 | 0.67 | 0.28 | -0.55 | 0.47 | -0.70 | |
| EPS in Rs | -0.32 | -0.04 | -0.08 | 0.06 | 0.10 | 0.04 | -0.57 | 0.09 | 0.04 | -0.07 | 0.06 | -0.09 |
| 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: | 5% |
| 5 Years: | 6% |
| 3 Years: | -3% |
| TTM: | -5% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | 13% |
| 3 Years: | % |
| TTM: | -249% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 41% |
| 3 Years: | 15% |
| 1 Year: | 22% |
| Return on Equity | |
|---|---|
| 10 Years: | -3% |
| 5 Years: | 0% |
| 3 Years: | -3% |
| Last Year: | -8% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 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 |
| Reserves | -1.86 | -2.54 | -3.14 | -2.66 | -1.91 | -1.76 | -6.09 | -5.44 | -5.16 | -5.72 | -5.27 | -6.00 |
| 12.28 | 1.76 | 2.60 | 2.84 | 4.04 | 3.36 | 4.04 | 6.16 | 6.34 | 9.39 | 5.03 | 5.40 | |
| 8.51 | 9.25 | 9.68 | 13.99 | 12.49 | 14.29 | 12.48 | 24.76 | 33.24 | 30.60 | 25.27 | 21.74 | |
| Total Liabilities | 28.47 | 23.22 | 23.89 | 28.97 | 29.42 | 30.69 | 25.23 | 40.28 | 49.22 | 49.07 | 39.83 | 35.94 |
| 2.77 | 2.15 | 1.97 | 1.75 | 1.55 | 1.46 | 2.26 | 1.94 | 1.63 | 1.52 | 1.52 | 1.30 | |
| 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 |
| Investments | 14.60 | 3.52 | 3.52 | 0.25 | 0.25 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 |
| 11.10 | 17.55 | 18.40 | 26.97 | 27.62 | 29.21 | 22.95 | 38.32 | 47.57 | 47.53 | 38.28 | 34.61 | |
| Total Assets | 28.47 | 23.22 | 23.89 | 28.97 | 29.42 | 30.69 | 25.23 | 40.28 | 49.22 | 49.07 | 39.83 | 35.94 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| -2.13 | 1.00 | -0.94 | 1.18 | -0.16 | 1.51 | -0.06 | 3.52 | 9.65 | -8.42 | -15.08 | -0.44 | |
| 1.10 | 0.07 | 0.06 | 0.14 | 0.61 | -1.04 | 2.48 | -0.54 | -5.90 | 9.27 | 9.52 | 0.43 | |
| -0.76 | -0.59 | 0.28 | -0.46 | 1.13 | -0.53 | -0.39 | -0.45 | -0.72 | 1.97 | -4.91 | 0.11 | |
| Net Cash Flow | -1.79 | 0.48 | -0.59 | 0.87 | 1.57 | -0.06 | 2.04 | 2.53 | 3.03 | 2.83 | -10.48 | 0.10 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| 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 | 277.87 | 319.91 | 275.79 | 325.91 | 323.45 | 367.97 | 53.71 | 201.41 | 248.09 | 539.60 | 186.23 | 221.97 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 277.87 | 319.91 | 275.79 | 325.91 | 323.45 | 367.97 | 53.71 | 201.41 | 248.09 | 539.60 | 186.23 | 221.97 |
| Working Capital Days | 80.27 | 485.95 | 490.02 | 547.26 | 524.05 | 30.66 | -248.34 | -379.87 | -745.85 | -509.83 | 155.54 | 115.56 |
| ROCE % | -7.57% | -1.59% | -0.14% | 7.74% | 8.96% | 5.10% | -24.97% | 10.40% | 8.89% | 3.83% | 6.08% | -1.83% |
Documents
Announcements
-
Announcement under Regulation 30 (LODR)-Newspaper Publication
5 May - Newspaper Publication of the financial results for the quarter and financial year ended March 31, 2025
-
Announcement under Regulation 30 (LODR)-Change in Directorate
30 Apr - Approved FY25 audited results; re-appointed and appointed executive directors; appointed internal and independent auditors.
-
Announcement under Regulation 30 (LODR)-Change in Management
30 Apr - Approved FY25 audited results; re-appointed executive director; appointed woman executive and independent directors.
-
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E. On April 30, 2025
30 Apr - Approved FY25 audited results; re-appointed and appointed executive directors and auditors.
-
Board Meeting Intimation for Approval Of Audited Financial Results (Standalone And Consolidated) For The Quarter And Financial Year Ended March 31, 2025
25 Apr - Board meeting on April 30 to approve FY25 audited financial results; trading window remains closed.
Annual reports
-
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
-
Financial Year 2010
from bse
Concalls
-
Nov 2022TranscriptNotesPPT
Business Overview:[1][2]
Company offers end-to-end online digital platform for trading in Equity and Derivatives (Futures and Options), Stock, Commodities, Currency Markets, IPOs, Mutual Funds, Insurance, NCD and Bond through mobile and web apps. It has a network of 250 offices across India