Vedant Asset Ltd
Incorporated in 2015, Vedant Asset Ltd is in the business of providing banking correspondence services[1]
- Market Cap ₹ 15.0 Cr.
- Current Price ₹ 54.4
- High / Low ₹ 192 / 0.00
- Stock P/E 68.3
- Book Value ₹ 20.4
- Dividend Yield 0.00 %
- ROCE 6.68 %
- ROE 3.97 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company's working capital requirements have reduced from 143 days to 103 days
Cons
- Stock is trading at 2.67 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 4.94% over last 3 years.
- Debtor days have increased from 37.3 to 66.8 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.
Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 0.60 | 1.01 | 1.59 | 2.14 | 2.54 | 3.39 | |
| 0.50 | 0.95 | 1.39 | 1.73 | 2.71 | 3.20 | |
| Operating Profit | 0.10 | 0.06 | 0.20 | 0.41 | -0.17 | 0.19 |
| OPM % | 16.67% | 5.94% | 12.58% | 19.16% | -6.69% | 5.60% |
| 0.01 | 0.12 | 0.09 | 0.03 | 0.56 | 0.45 | |
| Interest | 0.00 | 0.00 | 0.00 | 0.00 | 0.01 | 0.00 |
| Depreciation | 0.06 | 0.07 | 0.08 | 0.08 | 0.07 | 0.27 |
| Profit before tax | 0.05 | 0.11 | 0.21 | 0.36 | 0.32 | 0.37 |
| Tax % | 20.00% | 27.27% | 23.81% | 27.78% | 25.00% | 40.54% |
| 0.03 | 0.09 | 0.15 | 0.26 | 0.24 | 0.22 | |
| EPS in Rs | 300.00 | 4.47 | 0.75 | 0.94 | 0.87 | 0.80 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 41% |
| 3 Years: | 29% |
| TTM: | 33% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 49% |
| 3 Years: | 22% |
| TTM: | -8% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 38% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 5% |
| 3 Years: | 5% |
| Last Year: | 4% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.01 | 2.01 | 2.01 | 2.76 | 2.76 | 2.76 |
| Reserves | 0.04 | 0.13 | 0.28 | 2.43 | 2.67 | 2.87 |
| 0.74 | 0.17 | 0.00 | 0.00 | 0.00 | 0.00 | |
| 0.04 | 0.08 | 0.25 | 0.30 | 1.36 | 0.76 | |
| Total Liabilities | 0.83 | 2.39 | 2.54 | 5.49 | 6.79 | 6.39 |
| 0.17 | 0.21 | 0.21 | 0.24 | 0.19 | 1.02 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.25 | 1.03 | 0.18 |
| Investments | 0.58 | 1.28 | 0.85 | 3.42 | 0.25 | 0.24 |
| 0.08 | 0.90 | 1.48 | 1.58 | 5.32 | 4.95 | |
| Total Assets | 0.83 | 2.39 | 2.54 | 5.49 | 6.79 | 6.39 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 0.15 | -0.02 | -0.72 | 0.37 | -0.12 | -0.91 | |
| -0.27 | -0.71 | 0.60 | -2.94 | 2.62 | -0.06 | |
| 0.18 | 1.19 | -0.17 | 2.64 | 0.80 | 0.00 | |
| Net Cash Flow | 0.06 | 0.46 | -0.29 | 0.08 | 3.29 | -0.97 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 0.00 | 0.00 | 0.00 | 3.41 | 41.67 | 66.76 |
| Inventory Days | ||||||
| Days Payable | ||||||
| Cash Conversion Cycle | 0.00 | 0.00 | 0.00 | 3.41 | 41.67 | 66.76 |
| Working Capital Days | -18.25 | 18.07 | 224.97 | 163.74 | 160.94 | 103.36 |
| ROCE % | 0.00% | 7.39% | 5.61% | 6.03% | 6.68% |
Documents
Announcements
-
Statement Of Deviation And Variation
29 May - No deviation in IPO fund utilization as per SEBI regulations for year ended March 31, 2025.
- Audited Financial Results For Half Year And Year Ended On March 31, 2025 29 May
-
Board Meeting Outcome for Outcome Of Board Meeting Held Today I.E Thursday, May 29, 2025
29 May - Vedant Asset approved audited FY25 financial results with unmodified auditor opinion on May 29, 2025.
-
Board Meeting Intimation for To Consider And Approve The Audited Financial Results Of The Company For The Year Ended 31St March 2025 Along With The Auditors Report Thereon.
22 May - Board meeting on 29 May 2025 to approve FY2025 audited financial results; trading window closed till 48 hours post results.
-
Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
22 Apr - Vedant Asset confirms non-applicability of SEBI large corporate disclosure for FY 2024-25.
Business Overview:[1][2]
a) VAL provides investment avenues for private and rural investors.
b) It provides various tools and information about various funds and fund managers for fund selection and execution.
c) Company handles an AUM of 100+ Cr, and over 500 clients
d) Company provides banking correspondence services in association with various banks and managing funds of investors with various mutual fund houses. The company earns revenue from brokerage and commission by providing these services.