Veeram Securities Ltd

About [ edit ]

Veeram Securities is engaged in the business of Financial and Related Activity.

  • Market Cap 45.4 Cr.
  • Current Price 45.1
  • High / Low 51.0 / 30.6
  • Stock P/E 41.7
  • Book Value 11.4
  • Dividend Yield 0.00 %
  • ROCE 12.8 %
  • ROE 9.95 %
  • Face Value 10.0

Pros

  • Company is almost debt free.
  • Promoter holding has increased by 3.69% over last quarter.

Cons

  • Stock is trading at 3.96 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 6.92% for last 3 years.
  • Earnings include an other income of Rs.1.07 Cr.
Loading peers table ...

Quarterly Results

Figures in Rs. Crores

Operating Profit
OPM %
Other Income
Interest
Depreciation
Profit before tax
Tax %
Net Profit
EPS in Rs

Profit & Loss

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
0.00 0.00 0.07 0.04 1.37 7.42 27.79 15.51 19.96
0.00 0.00 0.06 0.04 1.36 7.14 26.99 15.24 19.57
Operating Profit 0.00 0.00 0.01 0.00 0.01 0.28 0.80 0.27 0.39
OPM % 14.29% 0.00% 0.73% 3.77% 2.88% 1.74% 1.95%
Other Income 0.00 0.00 0.00 0.01 0.10 0.12 0.27 0.23 1.07
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Depreciation 0.00 0.00 0.00 0.01 0.01 0.01 0.09 0.09 0.06
Profit before tax 0.00 0.00 0.01 0.00 0.10 0.39 0.98 0.41 1.40
Tax % 0.00% 20.00% 25.64% 25.51% 26.83% 21.43%
Net Profit 0.00 0.00 0.00 0.00 0.08 0.30 0.73 0.31 1.09
EPS in Rs 1.00 0.30 0.72 0.31 1.08
Dividend Payout % 0.00% 35.92% 29.52% 0.00% 0.00%
Compounded Sales Growth
10 Years:%
5 Years:246%
3 Years:39%
TTM:29%
Compounded Profit Growth
10 Years:%
5 Years:%
3 Years:54%
TTM:252%
Stock Price CAGR
10 Years:%
5 Years:%
3 Years:34%
1 Year:53%
Return on Equity
10 Years:%
5 Years:7%
3 Years:7%
Last Year:10%

Balance Sheet

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
0.01 0.01 0.01 0.01 0.34 4.31 4.31 4.31 4.31
Reserves 0.00 0.00 0.00 0.00 2.75 4.95 5.68 6.09 7.19
Borrowings 0.00 0.00 0.00 0.07 0.00 0.00 0.00 0.00 0.00
0.00 0.00 0.07 0.09 0.03 1.31 2.95 6.79 9.44
Total Liabilities 0.01 0.01 0.08 0.17 3.12 10.57 12.94 17.19 20.94
0.00 0.00 0.03 0.03 0.03 0.02 0.02 0.02 5.32
CWIP 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 0.00 0.00 0.19 2.65 4.06 3.41
0.01 0.01 0.05 0.14 3.09 10.36 10.27 13.11 12.21
Total Assets 0.01 0.01 0.08 0.17 3.12 10.57 12.94 17.19 20.94

Cash Flows

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
0.00 0.00 0.02 0.02 -2.96 -4.88 4.56 2.88 4.15
0.00 0.00 -0.04 0.01 0.01 -0.07 -2.20 -1.18 -6.91
0.01 0.00 0.04 0.08 2.99 6.66 -0.80 0.73 -0.74
Net Cash Flow 0.01 0.00 0.02 0.11 0.03 1.71 1.56 2.43 -3.50

Ratios

Figures in Rs. Crores

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020
ROCE % 0.00% 100.00% 0.00% 6.31% 6.32% 10.08% 4.02% 12.79%
Debtor Days 104.29 0.00 189.16 35.42 0.00 0.00 6.58
Inventory Turnover 1.22 1.61 4.21 2.33 2.59

Shareholding Pattern

Numbers in percentages

Dec 2016 Mar 2017 Sep 2017 Mar 2018 Sep 2018 Mar 2019 Sep 2019 Mar 2020 Sep 2020 Mar 2021
57.29 42.18 45.59 45.35 46.43 49.11 49.73 49.73 49.73 53.42
42.71 57.82 54.41 54.65 53.57 50.89 50.27 50.27 50.27 46.58

Documents