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 ₹ 806 Cr.
- Current Price ₹ 464
- High / Low ₹ 616 / 322
- Stock P/E 66.6
- Book Value ₹ 101
- Dividend Yield 0.00 %
- ROCE 7.54 %
- ROE 4.88 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Debtor days have improved from 20.1 to 15.3 days.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 12.9% over last 3 years.
- Earnings include an other income of Rs.4.61 Cr.
- Promoter holding has decreased over last 3 years: -9.43%
* 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
Healthcare Healthcare Healthcare Equipment & Supplies Medical Equipment & Supplies
Part of Nifty SME Emerge
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 | TTM | |
|---|---|---|---|---|---|---|---|---|
| 30 | 40 | 77 | 123 | 170 | 241 | 274 | 299 | |
| 30 | 40 | 71 | 113 | 151 | 218 | 263 | 286 | |
| Operating Profit | 0 | 0 | 6 | 10 | 19 | 23 | 11 | 13 |
| OPM % | 0.8% | 1.2% | 7% | 8% | 11% | 10% | 4.2% | 4.4% |
| 0 | 0 | 0 | 0 | 1 | 2 | 5 | 5 | |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 1 | 1 | 2 | 2 | 2 |
| Profit before tax | 0 | 0 | 5 | 10 | 19 | 23 | 14 | 15 |
| Tax % | 0% | 27% | 0% | 24% | 22% | 27% | 23% | |
| 0 | 0 | 5 | 8 | 15 | 17 | 11 | 12 | |
| EPS in Rs | 0.07 | 0.27 | 4.10 | 5.92 | 9.42 | 10.28 | 6.22 | 6.98 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 47% |
| 3 Years: | 31% |
| TTM: | 17% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 87% |
| 3 Years: | 0% |
| TTM: | -27% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | -2% |
| 1 Year: | -24% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 16% |
| 3 Years: | 13% |
| Last Year: | 5% |
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 | 22 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 5 | 1 |
| 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/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit | 348% | -84% | 9% | 40% | -35% | 6% | -201% |
Ratios
Standalone / 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 | 134 |
| ROCE % | 29% | 95% | 80% | 45% | 22% | 8% |
Insights
In beta| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|
| Average Delivery Days days |
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| Number of Brands count |
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| Number of SKUs count |
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| Total Customer Base count |
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| Total Orders count |
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| Unique Customers Served count |
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| Warehousing Space sq. ft. |
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| 180-Day Customer Retention % |
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Extracted by Screener AI
Documents
Announcements
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
- Vasa Denticity confirms no corporate governance report required for quarter and half year ended September 30, 2026.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
- RTA confirmed Regulation 74(5) compliance for quarter and half year ended September 30, 2026.
-
Shareholders meeting
- Submitted AGM scrutinizer report; all four resolutions passed on September 29, 2026.
-
Action(s) taken or orders passed
- NSE imposed ₹1,65,200 fine for 7-day delay in filing listing application for 1.5 lakh warrant-converted shares.
-
Appointment
- Shareholders approved re-appointment of Whole-Time Director Sandeep Aggarwal at 29 Sep 2026 AGM.
Annual reports
-
Annual Report 2026
from nse
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Annual Report 2025
from nse
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Annual Report 2024
from nse
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Annual Report 2023
from nse
Concalls
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Aug 2026Transcript PPT REC
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Jun 2026Transcript
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Nov 2025Transcript PPT
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Aug 2025PPT
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May 2025Transcript PPT
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Mar 2025PPT
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Nov 2024Transcript PPT
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May 2024Transcript PPT
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Nov 2023Transcript
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Nov 2023Transcript PPT
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Nov 2023PPT
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]