Vedavaag Systems Ltd

Vedavaag Systems Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Vedavaag Systems Ltd

₹ 49.4 -0.32%
28 Sep - close price
vedavaag.com BSE: 533056
About

Vedavaag Systems Ltd develops and markets computer software. It is principally engaged in IT Sales and Services like eGovernance & Citizen Services, Banking and Insurance Services. [1]

Key Points

Services
The company’s services include niche solutions in Citizen Services Delivery that includes Financial Inclusion, AI & ML based products, Internet of Things (IOT) & other e-Governance solutions, Retail & Logistics and Education services. [1]

Website BSE
  • Market Cap ₹ 113 Cr.
  • Current Price ₹ 49.4
  • High / Low ₹ 64.0 / 36.0
  • Stock P/E 17.8
  • Book Value ₹ 51.2
  • Dividend Yield 1.21 %
  • ROCE 7.83 %
  • ROE 6.04 %
  • Face Value ₹ 10.0
Edit ratios

Pros

  • Company is almost debt free.
  • Stock is trading at 0.97 times its book value

Cons

  • The company has delivered a poor sales growth of -2.57% over past five years.
  • Promoter holding is low: 36.0%
  • Company has a low return on equity of 6.11% over last 3 years.

* 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: IT - Software Industry: Computers - Software - Medium / Small

Edit Columns
Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023
11.23 12.46 15.33 16.87 17.03 17.07 17.02 17.65 17.84 18.86 14.61 14.12 14.72
8.94 9.88 12.35 14.87 14.22 14.20 14.16 14.51 14.66 16.06 12.41 11.31 12.40
Operating Profit 2.29 2.58 2.98 2.00 2.81 2.87 2.86 3.14 3.18 2.80 2.20 2.81 2.32
OPM % 20.39% 20.71% 19.44% 11.86% 16.50% 16.81% 16.80% 17.79% 17.83% 14.85% 15.06% 19.90% 15.76%
0.00 0.00 0.01 0.50 0.01 0.01 0.06 0.03 0.01 0.01 0.00 0.13 0.00
Interest 0.17 0.09 0.11 -0.31 0.01 0.01 0.01 0.09 0.01 0.01 0.00 0.01 0.00
Depreciation 0.58 0.58 0.58 0.59 0.52 0.53 0.53 0.52 0.46 0.47 0.47 0.46 0.41
Profit before tax 1.54 1.91 2.30 2.22 2.29 2.34 2.38 2.56 2.72 2.33 1.73 2.47 1.91
Tax % 20.13% 25.13% 25.22% 31.53% 25.33% 25.21% 25.63% 25.00% 29.04% 21.03% 25.43% 25.91% 25.65%
1.24 1.43 1.72 1.51 1.71 1.75 1.77 1.92 1.92 1.84 1.29 1.84 1.41
EPS in Rs 0.54 0.62 0.75 0.66 0.75 0.76 0.77 0.84 0.84 0.80 0.56 0.80 0.62
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
25.08 50.51 62.34 66.38 81.83 92.95 74.52 60.19 62.33 55.90 68.78 65.43 62.31
17.63 41.85 52.29 54.52 69.90 79.19 57.31 46.77 52.68 46.05 57.09 54.43 52.18
Operating Profit 7.45 8.66 10.05 11.86 11.93 13.76 17.21 13.42 9.65 9.85 11.69 11.00 10.13
OPM % 29.70% 17.15% 16.12% 17.87% 14.58% 14.80% 23.09% 22.30% 15.48% 17.62% 17.00% 16.81% 16.26%
-0.17 0.12 0.54 0.69 1.75 1.15 0.40 0.90 0.28 0.52 0.10 0.14 0.14
Interest 0.26 0.27 0.15 0.04 0.07 0.04 0.06 0.19 0.17 0.07 0.12 0.03 0.02
Depreciation 5.97 4.75 6.66 8.47 7.30 2.49 2.72 2.75 2.62 2.33 2.09 1.86 1.81
Profit before tax 1.05 3.76 3.78 4.04 6.31 12.38 14.83 11.38 7.14 7.97 9.58 9.25 8.44
Tax % 19.05% 2.39% 34.66% 28.22% 14.90% 26.90% 29.40% 20.74% 24.79% 25.85% 25.37% 25.51%
0.86 3.67 2.47 2.90 5.38 9.04 10.48 9.02 5.37 5.89 7.15 6.89 6.38
EPS in Rs 0.92 3.93 2.64 2.13 3.81 6.34 6.58 3.93 2.34 2.57 3.12 3.01 2.78
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 14.19% 15.21% 25.42% 21.35% 23.36% 19.24% 0.00%
Compounded Sales Growth
10 Years: 3%
5 Years: -3%
3 Years: 2%
TTM: -10%
Compounded Profit Growth
10 Years: 7%
5 Years: -8%
3 Years: 9%
TTM: -13%
Stock Price CAGR
10 Years: 21%
5 Years: 17%
3 Years: 21%
1 Year: -15%
Return on Equity
10 Years: 9%
5 Years: 7%
3 Years: 6%
Last Year: 6%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
9.35 9.35 9.35 13.63 14.13 14.25 15.94 22.93 22.93 22.93 22.93 22.93
Reserves 12.80 18.30 23.32 19.27 24.55 33.58 48.87 75.54 78.62 82.85 87.87 94.48
1.15 0.00 0.00 0.00 0.00 0.08 5.08 0.50 5.42 4.64 4.90 3.93
19.28 33.62 59.33 65.31 38.59 43.09 38.37 17.77 11.53 9.59 10.56 13.86
Total Liabilities 42.58 61.27 92.00 98.21 77.27 91.00 108.26 116.74 118.50 120.01 126.26 135.20
9.94 13.35 17.45 20.18 13.14 15.72 23.31 23.78 24.62 23.23 21.75 19.60
CWIP 3.71 1.35 13.84 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.02 0.02 0.02 0.02 0.02 3.02 7.02 7.02 7.02 7.03 7.04 7.04
28.91 46.55 60.69 78.01 64.11 72.26 77.93 85.94 86.86 89.75 97.47 108.56
Total Assets 42.58 61.27 92.00 98.21 77.27 91.00 108.26 116.74 118.50 120.01 126.26 135.20

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
7.75 6.71 26.40 -5.85 0.71 0.52 -2.76 -14.38 0.85 3.92 2.58 2.05
0.01 -5.68 -22.73 0.67 1.50 -8.01 -14.28 -3.11 -3.40 -0.89 -0.55 0.42
-7.32 0.51 2.44 0.00 0.40 9.88 11.23 17.64 2.49 -2.56 -1.94 -2.43
Net Cash Flow 0.44 1.54 6.11 -5.18 2.61 2.40 -5.81 0.15 -0.05 0.47 0.09 0.03

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 325.27 191.93 160.43 243.10 110.80 84.74 224.82 55.85 63.07 74.63 39.22 57.63
Inventory Days 171.16 195.23 110.23 112.12 20.27 15.34
Days Payable 453.20 487.61 192.78 161.08 290.80 130.92
Cash Conversion Cycle 325.27 191.93 -121.61 -49.29 28.25 35.78 -45.71 -59.72 63.07 74.63 39.22 57.63
Working Capital Days 286.56 134.70 -7.44 78.08 105.45 130.10 245.15 296.11 332.56 417.37 375.93 441.76
ROCE % 5.68% 15.82% 13.03% 12.44% 17.83% 28.69% 25.28% 13.70% 7.10% 7.40% 8.58% 7.83%

Shareholding Pattern

Numbers in percentages

1 Recently
Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023
35.98% 35.98% 35.98% 35.98% 35.98% 35.98% 35.98% 35.98% 36.25% 35.98% 35.98% 35.98%
64.02% 64.02% 64.02% 64.02% 64.02% 64.02% 64.02% 64.02% 63.76% 64.01% 64.00% 64.01%
No. of Shareholders 6,1216,1726,1966,8189,08910,02912,02712,15612,44312,29711,91812,132

Documents

Announcements

Annual reports

Concalls

  • Feb 2022
    Transcript
    Notes
    PPT
  • Nov 2021
    Transcript
    Notes
    PPT
  • Aug 2021
    Transcript
    Notes
    PPT
  • Jul 2021
    Transcript
    Notes
    PPT