Varanium Cloud Ltd
Incorporated in Dec 2017, Varanium Cloud Limited is a technology company focused on providing services surrounding digital audio, video, and financial blockchain (for PayFac) based streaming services.[1]
- Market Cap ₹ 677 Cr.
- Current Price ₹ 674
- High / Low ₹ 1,602 / 122
- Stock P/E 80.6
- Book Value ₹ 23.8
- Dividend Yield 0.45 %
- ROCE 114 %
- ROE 91.4 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 204 to 40.0 days.
Cons
- Stock is trading at 28.3 times its book value
* 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.
Peer comparison
Sector: IT - Software Industry: Computers - Software - Medium / Small
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|
| 0.00 | 3.75 | 35.35 | |
| 1.37 | 0.23 | 23.31 | |
| Operating Profit | -1.37 | 3.52 | 12.04 |
| OPM % | 93.87% | 34.06% | |
| 0.12 | -1.03 | 0.00 | |
| Interest | 0.16 | 0.10 | 0.00 |
| Depreciation | 0.09 | 0.06 | 0.10 |
| Profit before tax | -1.50 | 2.33 | 11.94 |
| Tax % | 0.67% | 39.48% | 29.65% |
| Net Profit | -1.49 | 1.42 | 8.40 |
| EPS in Rs | -5.14 | 4.87 | 13.23 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
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| TTM: | 843% |
| Compounded Profit Growth | |
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| TTM: | 190% |
| Stock Price CAGR | |
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| Return on Equity | |
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| Last Year: | 91% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|
| 2.90 | 2.90 | 6.35 | |
| Reserves | -1.04 | 0.37 | 8.77 |
| 3.94 | 2.26 | 0.26 | |
| 1.85 | 2.80 | 25.29 | |
| Total Liabilities | 7.65 | 8.33 | 40.67 |
| 0.18 | 0.12 | 0.34 | |
| CWIP | 0.00 | 0.00 | 30.95 |
| Investments | 0.00 | 0.00 | 3.71 |
| 7.47 | 8.21 | 5.67 | |
| Total Assets | 7.65 | 8.33 | 40.67 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|
| -2.31 | -0.30 | 31.17 | |
| 0.33 | 0.31 | -32.60 | |
| 1.98 | 0.00 | 1.45 | |
| Net Cash Flow | 0.00 | 0.00 | 0.02 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | |
|---|---|---|---|
| Debtor Days | 368.89 | 39.96 | |
| Inventory Days | 0.00 | ||
| Days Payable | |||
| Cash Conversion Cycle | 368.89 | 39.96 | |
| Working Capital Days | 243.33 | -208.67 | |
| ROCE % | 69.02% | 114.20% |
Varanium Cloud Business Verticles[1]
1.Provision of digital audio and video content streaming services to various content owners and telecom operators in India and internationally on a SaaS (Software As A Service) model such as Voice & Video over Internet Protocol solutions (VoIP) in the B2B and B2C segments.
2.Online payment facilitation services (PayFac)
3.Provision of low bandwidth digital education content platforms (EdTech) with complete Learning Management Systems (LMS) focused on non-urban areas under the Edmission brand;
4.Provision of information technology-related services to startups and SMEs to help them transition their business to digital platforms and manage the relevant infrastructure on an IaaS (Infrastructure As A Service) model.