Vasa Denticity Ltd
Incorporated in 2016, Vasa Denticity Limited is in the business of marketing and distribution
of a comprehensive portfolio of Dental Products.[1]
- Market Cap ₹ 750 Cr.
- Current Price ₹ 432
- High / Low ₹ 690 / 322
- Stock P/E 69.6
- Book Value ₹ 101
- Dividend Yield 0.00 %
- ROCE 9.21 %
- ROE 7.02 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Debtor days have improved from 20.0 to 15.2 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Promoter holding has decreased over last quarter: -0.56%
- Earnings include an other income of Rs.4.65 Cr.
- Working capital days have increased from 123 days to 189 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.
Peer comparison
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Quarterly 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 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 30 | 40 | 77 | 123 | 170 | 241 | 277 | |
| 30 | 40 | 71 | 113 | 151 | 218 | 265 | |
| Operating Profit | 0 | 0 | 6 | 10 | 19 | 23 | 11 |
| OPM % | 1% | 1% | 7% | 8% | 11% | 10% | 4% |
| 0 | 0 | 0 | 0 | 1 | 2 | 5 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 2 | 2 |
| Profit before tax | 0 | 0 | 5 | 10 | 19 | 23 | 14 |
| Tax % | 0% | 27% | 0% | 24% | 22% | 27% | 23% |
| 0 | 0 | 5 | 8 | 15 | 17 | 11 | |
| EPS in Rs | 4.50 | 16.50 | 250.00 | 5.92 | 9.42 | 10.28 | 6.22 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 47% |
| 3 Years: | 31% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 101% |
| 3 Years: | 12% |
| TTM: | -35% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 25% |
| 1 Year: | -28% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 18% |
| 3 Years: | 14% |
| Last Year: | 7% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Equity Capital | 0.20 | 0.20 | 0.20 | 13 | 16 | 17 | 17 |
| Reserves | 0 | 0 | 6 | 3 | 52 | 116 | 157 |
| 1 | 2 | 3 | 1 | 0 | 0 | 0 | |
| 4 | 4 | 10 | 11 | 17 | 17 | 21 | |
| Total Liabilities | 5 | 7 | 19 | 28 | 86 | 150 | 196 |
| 0 | 0 | 1 | 2 | 2 | 15 | 23 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 5 | 0 |
| Investments | 0 | 0 | 0 | 0 | 12 | 44 | 45 |
| 4 | 6 | 18 | 26 | 70 | 86 | 128 | |
| Total Assets | 5 | 7 | 19 | 28 | 86 | 150 | 196 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| 1 | -0 | 0 | 2 | -11 | -5 | -27 | |
| -0 | -1 | -0 | -1 | -22 | -42 | -4 | |
| -0 | 1 | 1 | -0 | 36 | 47 | 30 | |
| Net Cash Flow | 0 | -0 | 1 | 1 | 3 | 0 | -1 |
| Free Cash Flow | 0 | -1 | -0 | -0 | -14 | -23 | -31 |
| CFO/OP | 348% | -84% | 9% | 40% | -35% | 6% | -203% |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|
| Debtor Days | 10 | 7 | 6 | 3 | 24 | 21 | 15 |
| Inventory Days | 34 | 30 | 63 | 70 | 99 | 112 | 150 |
| Days Payable | 44 | 30 | 32 | 28 | 33 | 23 | 26 |
| Cash Conversion Cycle | 0 | 6 | 37 | 45 | 90 | 110 | 139 |
| Working Capital Days | -5 | -8 | 19 | 36 | 84 | 95 | 189 |
| ROCE % | 29% | 95% | 80% | 45% | 22% | 9% |
Insights
In beta| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Average Revenue per Order (AOV) INR |
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| Number of Brands on Platform Number |
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| Number of Orders Number |
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| Number of SKUs Number |
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| Revenue Share from Own Brands Percentage |
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| Unique Customers / Professionals Number |
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| Warehouse Space Sq. Ft. |
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| Average Delivery Time Days |
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Extracted by Screener AI
Documents
Announcements
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Investor Presentation
26 May 2026 - Vasa Denticity shared Q4/FY26 investor presentation with audited results; FY26 total income ₹283.39 Cr, EBITDA ₹15.43 Cr.
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Appointment
26 May 2026 - Mr. Sandeep Aggarwal appointed CFO and KMP effective May 26, 2026, replacing resigning CFO Mr. Gaurav Aggarwal.
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Analysts/Institutional Investor Meet/Con. Call Updates
26 May 2026 - Earnings call for quarter and FY ended March 31, 2026 scheduled on June 5, 2026 at 11:00 A.M.
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Outcome of Board Meeting
26 May 2026 - Board approved audited standalone and consolidated FY26 results and appointed Sandeep Aggarwal as CFO effective May 26, 2026.
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General Updates
15 May 2026 - 1.5 lakh shares allotted to Malabar India Fund on May 15, 2026; all 8.65 lakh warrants converted.
Annual reports
Concalls
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Nov 2025Transcript PPT
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Aug 2025TranscriptAI SummaryPPT
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May 2025Transcript PPT
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Mar 2025TranscriptAI SummaryPPT
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Nov 2024Transcript PPT
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May 2024Transcript PPT
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Nov 2023TranscriptPPT
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Nov 2023Transcript PPT
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Nov 2023TranscriptAI SummaryPPT
Business Overview[1][2]
Vasa Denticity is a Dental Products e-commerce company with 20,000+ SKUs, 30 owned Brands, and 300+ Domestic and international Brand tie-ups. It specializes in Orthodontics, Endodontics, Oral Surgery, diagnosis, treatment, and aesthetics.[3]