Vedant Asset Ltd
Incorporated in 2015, Vedant Asset Ltd is in the business of providing banking correspondence services[1]
- Market Cap ₹ 13.4 Cr.
- Current Price ₹ 48.4
- High / Low ₹ 192 / 36.5
- Stock P/E 44.5
- Book Value ₹ 20.4
- Dividend Yield 0.00 %
- ROCE 7.31 %
- ROE 5.27 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 28.7 to 54.1 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
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | TTM | |
|---|---|---|---|---|
| 1.61 | 3.35 | 3.51 | 2.94 | |
| 1.45 | 2.90 | 3.34 | 2.90 | |
| Operating Profit | 0.16 | 0.45 | 0.17 | 0.04 |
| OPM % | 9.94% | 13.43% | 4.84% | 1.36% |
| 0.09 | 0.03 | 0.29 | 0.44 | |
| Interest | 0.00 | 0.00 | 0.01 | 0.00 |
| Depreciation | 0.08 | 0.08 | 0.07 | 0.08 |
| Profit before tax | 0.17 | 0.40 | 0.38 | 0.40 |
| Tax % | 29.41% | 27.50% | 23.68% | |
| 0.11 | 0.29 | 0.28 | 0.30 | |
| EPS in Rs | 0.55 | 1.05 | 1.01 | 1.08 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -19% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 25% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 26% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|
| Equity Capital | 2.01 | 2.76 | 2.76 | 2.76 |
| Reserves | 0.24 | 2.42 | 2.69 | 2.87 |
| 0.01 | 0.02 | 0.02 | 0.02 | |
| 0.28 | 0.23 | 1.30 | 0.98 | |
| Total Liabilities | 2.54 | 5.43 | 6.77 | 6.63 |
| 0.22 | 0.25 | 0.20 | 0.74 | |
| CWIP | 0.00 | 0.25 | 1.03 | 0.80 |
| Investments | 0.85 | 3.41 | 0.24 | 0.23 |
| 1.47 | 1.52 | 5.30 | 4.86 | |
| Total Assets | 2.54 | 5.43 | 6.77 | 6.63 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| -0.74 | 0.43 | -0.18 | |
| 0.59 | -2.94 | 2.62 | |
| -0.13 | 2.65 | 0.80 | |
| Net Cash Flow | -0.28 | 0.14 | 3.23 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Debtor Days | 0.00 | 3.27 | 54.07 |
| Inventory Days | |||
| Days Payable | |||
| Cash Conversion Cycle | 0.00 | 3.27 | 54.07 |
| Working Capital Days | 210.84 | 93.70 | 117.51 |
| ROCE % | 10.72% | 7.31% |
Documents
Announcements
-
Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
7 Jul - Certificate under Reg 74(5) of SEBI (DP) Regulation, 2018 for the quarter ended 30th June, 2025
-
Appointment Of Strategic Advisor
3 Jul - Appointment of Mr. Sunil Subramaniam as Strategic Advisor effective 2nd July 2025.
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Announcement under Regulation 30 (LODR)-Change in Management
21 Jun - Appointment of Ms. Priya Kumari as Company Secretary and Compliance Officer from June 21, 2025.
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Appointment of Company Secretary and Compliance Officer
21 Jun - Appointed Ms. Priya Kumari as Company Secretary and Compliance Officer effective 21 June 2025.
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Announcement under Regulation 30 (LODR)-Change in Management
16 Jun - Company Secretary Garima Jain resigned effective June 16, 2025, due to personal reasons.
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.