Vedant Asset Ltd
Incorporated in 2015, Vedant Asset Ltd is in the business of providing banking correspondence services[1]
- Market Cap ₹ 17.1 Cr.
- Current Price ₹ 62.0
- High / Low ₹ 93.6 / 33.0
- Stock P/E 51.9
- 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
- Stock is trading at 3.04 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 5.76% over last 3 years.
- 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Operating Profit |
| OPM % |
| Interest |
| Depreciation |
| Profit before tax |
| Tax % |
| EPS in Rs |
| Raw PDF |
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| 1.61 | 3.35 | 3.51 | |
| 1.45 | 2.90 | 3.34 | |
| Operating Profit | 0.16 | 0.45 | 0.17 |
| OPM % | 9.94% | 13.43% | 4.84% |
| 0.09 | 0.03 | 0.29 | |
| Interest | 0.00 | 0.00 | 0.01 |
| Depreciation | 0.08 | 0.08 | 0.07 |
| Profit before tax | 0.17 | 0.40 | 0.38 |
| Tax % | 29.41% | 27.50% | 23.68% |
| 0.11 | 0.29 | 0.28 | |
| EPS in Rs | 0.55 | 1.05 | 1.01 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | 38% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 13% |
| 1 Year: | 29% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 6% |
| Last Year: | 5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|
| Equity Capital | 2.01 | 2.76 | 2.76 |
| Reserves | 0.24 | 2.42 | 2.69 |
| 0.01 | 0.02 | 0.02 | |
| 0.28 | 0.23 | 1.30 | |
| Total Liabilities | 2.54 | 5.43 | 6.77 |
| 0.22 | 0.25 | 0.20 | |
| CWIP | 0.00 | 0.25 | 1.03 |
| Investments | 0.85 | 3.41 | 0.24 |
| 1.47 | 1.52 | 5.30 | |
| Total Assets | 2.54 | 5.43 | 6.77 |
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 |
| Free Cash Flow | -0.84 | 0.32 | -0.84 |
| CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | -462% | 102% | -59% |
Ratios
Consolidated / 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% |
Insights
In beta| Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|
| Points of Presence (POS / BC outlets) count ・Standalone data |
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| Team Size (Employees) count ・Standalone data |
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| Number of Bank Partners count ・Standalone data |
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| Retailers Onboarded (Cumulative) count ・Standalone data |
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| States of Operation count ・Standalone data |
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| Mutual Fund Net AUM INR crores ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Intimation Regarding The Launch Of Web And Android Application For Mutual Fund Investment
- Vedant Asset launched CHHOTI SIP web and Android app for mutual fund investments in rural areas.
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Clarification sought from Vedant Asset Ltd
- Exchange has sought clarification from Vedant Asset Ltd on October 21, 2026 with reference to significant movement in price, in order to ensure that investors …
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Statement Of Deviation & Variation
- No deviation or variation in IPO proceeds utilisation for half year ended 30 September 2026.
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Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018
- Submitted Regulation 74(5) certificate for quarter ended 30 September 2026; shares fully in demat form.
- Shareholder Meeting / Postal Ballot-Scrutinizer''s Report
Annual reports
-
Annual Report 2026
from bse
-
Annual Report 2025
from bse
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Annual Report 2024
from bse
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Annual Report 2023
from bse
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.