Veeram Securities Ltd
₹ 7.98
0.88%
31 Oct
- close price
- Market Cap ₹ 60.4 Cr.
- Current Price ₹ 7.98
- High / Low ₹ 11.2 / 7.70
- Stock P/E 15.8
- Book Value ₹ 3.35
- Dividend Yield 0.63 %
- ROCE 19.0 %
- ROE 14.4 %
- Face Value ₹ 2.00
Pros
- Company is almost debt free.
Cons
- The company has delivered a poor sales growth of 5.82% over past five years.
- Company has a low return on equity of 11.6% over last 3 years.
- Earnings include an other income of Rs.2.40 Cr.
* 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.
Loading peers table ...
Quarterly Results
Figures in Rs. Crores
Upcoming result date: tomorrow
Profit & Loss
Figures in Rs. Crores
| 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.07 | 0.04 | 1.37 | 7.42 | 27.79 | 15.51 | 19.96 | 20.52 | 18.74 | 18.68 | 19.33 | 26.48 | 20.75 | |
| 0.06 | 0.04 | 1.36 | 7.14 | 26.99 | 15.24 | 19.57 | 18.43 | 16.00 | 16.48 | 16.20 | 21.97 | 18.14 | |
| Operating Profit | 0.01 | 0.00 | 0.01 | 0.28 | 0.80 | 0.27 | 0.39 | 2.09 | 2.74 | 2.20 | 3.13 | 4.51 | 2.61 |
| OPM % | 14.29% | 0.00% | 0.73% | 3.77% | 2.88% | 1.74% | 1.95% | 10.19% | 14.62% | 11.78% | 16.19% | 17.03% | 12.58% |
| 0.00 | 0.01 | 0.10 | 0.12 | 0.27 | 0.23 | 1.07 | 1.71 | 1.77 | 0.17 | 0.19 | 0.00 | 2.40 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Depreciation | 0.00 | 0.01 | 0.01 | 0.01 | 0.09 | 0.09 | 0.06 | 0.14 | 0.03 | 0.05 | 0.02 | 0.01 | 0.01 |
| Profit before tax | 0.01 | 0.00 | 0.10 | 0.39 | 0.98 | 0.41 | 1.40 | 3.63 | 4.48 | 2.32 | 3.30 | 4.50 | 5.00 |
| Tax % | 0.00% | 20.00% | 25.64% | 25.51% | 26.83% | 21.43% | 19.01% | 11.16% | 22.84% | 25.15% | 24.44% | ||
| 0.00 | 0.00 | 0.08 | 0.30 | 0.73 | 0.31 | 1.09 | 2.93 | 3.99 | 1.79 | 2.46 | 3.41 | 3.81 | |
| EPS in Rs | 0.14 | 0.04 | 0.10 | 0.04 | 0.14 | 0.39 | 0.53 | 0.24 | 0.33 | 0.45 | 0.51 | ||
| Dividend Payout % | 0.00% | 35.92% | 29.52% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 91% |
| 5 Years: | 6% |
| 3 Years: | 12% |
| TTM: | -10% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 26% |
| 3 Years: | -5% |
| TTM: | 30% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | 6% |
| 3 Years: | -27% |
| 1 Year: | -18% |
| Return on Equity | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | 15% |
| 3 Years: | 12% |
| Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
| 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 | 0.01 | 0.01 | 0.34 | 4.31 | 4.31 | 4.31 | 4.31 | 10.09 | 10.09 | 15.13 | 15.13 | 15.13 |
| Reserves | 0.04 | 0.04 | 2.75 | 4.95 | 5.68 | 6.09 | 7.19 | 4.29 | 8.29 | 4.47 | 6.93 | 10.18 |
| 0.00 | 0.07 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.03 | 0.05 | 0.03 | 1.31 | 2.95 | 6.79 | 9.44 | 0.71 | 0.10 | 0.75 | 0.93 | 1.80 | |
| Total Liabilities | 0.08 | 0.17 | 3.12 | 10.57 | 12.94 | 17.19 | 20.94 | 15.09 | 18.48 | 20.35 | 22.99 | 27.11 |
| 0.03 | 0.03 | 0.03 | 0.02 | 0.02 | 0.02 | 5.32 | 2.27 | 10.39 | 10.99 | 10.97 | 11.21 | |
| 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 | 0.00 | 0.00 | 0.00 | 0.19 | 2.65 | 4.06 | 3.41 | 0.49 | 0.29 | 0.00 | 0.00 | 2.00 |
| 0.05 | 0.14 | 3.09 | 10.36 | 10.27 | 13.11 | 12.21 | 12.33 | 7.80 | 9.36 | 12.02 | 13.90 | |
| Total Assets | 0.08 | 0.17 | 3.12 | 10.57 | 12.94 | 17.19 | 20.94 | 15.09 | 18.48 | 20.35 | 22.99 | 27.11 |
Cash Flows
Figures in Rs. Crores
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 0.02 | 0.02 | -2.96 | -4.88 | 4.56 | 2.88 | 0.96 | -9.68 | 3.92 | 0.59 | -0.12 | 5.21 | |
| -0.04 | 0.01 | 0.01 | -0.07 | -2.20 | -1.18 | -3.72 | 9.19 | -5.63 | -0.46 | 0.19 | -5.09 | |
| 0.04 | 0.08 | 2.99 | 6.66 | -0.80 | 0.73 | -0.74 | -0.09 | 0.00 | 0.00 | 0.00 | -0.17 | |
| Net Cash Flow | 0.02 | 0.11 | 0.03 | 1.71 | 1.56 | 2.43 | -3.50 | -0.58 | -1.71 | 0.12 | 0.07 | -0.04 |
Ratios
Figures in Rs. Crores
| 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 | 104.29 | 0.00 | 189.16 | 35.42 | 0.00 | 0.00 | 6.58 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Inventory Days | 599.05 | 341.01 | 84.45 | 163.80 | 153.08 | 140.12 | 174.19 | 201.16 | 206.99 | 169.01 | ||
| Days Payable | 0.00 | 21.38 | 36.31 | 143.30 | 172.76 | 0.00 | 1.87 | 0.23 | 0.48 | 0.35 | ||
| Cash Conversion Cycle | 104.29 | 0.00 | 788.21 | 355.05 | 48.14 | 20.51 | -13.10 | 140.12 | 172.32 | 200.93 | 206.51 | 168.66 |
| Working Capital Days | -52.14 | -273.75 | 772.63 | 391.56 | 50.96 | 28.00 | 6.95 | 174.50 | 148.22 | 163.94 | 203.55 | 163.62 |
| ROCE % | 33.33% | 0.00% | 6.23% | 6.32% | 10.08% | 4.02% | 12.79% | 28.28% | 27.35% | 11.37% | 14.93% | 19.00% |
Documents
Announcements
-
Board Meeting Intimation for Consideration And To Approve Unaudited Financial Results For The Quarter And Half Year Ended September 30, 2025
29 Oct - Board meeting on 3 Nov 2025 to approve unaudited Q2/H1 results; trading window closed for insiders.
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
18 Oct - Submission of Compliance Certificate under Regulation 74 (5) of SEBI (DP) Regulations, 2018 for the quarter ended September 30, 2025
-
Announcement under Regulation 30 (LODR)-Resignation of Company Secretary / Compliance Officer
4 Oct - CS Mukta Bhansali resigned as Company Secretary & Compliance Officer effective 03-Oct-2025.
-
Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
3 Oct - AGM approved name change from 'Veeram Securities Limited' to 'Viram Suvarn Limited', subject to approvals.
-
Announcement under Regulation 30 (LODR)-Change in Management
3 Oct - Appointed M/s Neelam Somani & Associates as secretarial auditor for FY2025–26 to FY2029–30.
Business Overview:[1]
Company is in the business of gold & silver traditional jewelries & ornaments which are
either made with kundan, gem stones, etc. or just plain gold or silver. Company develops their own jewelry designs and produces them in bulk