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 ₹ 1,275 Cr.
- Current Price ₹ 796
- High / Low ₹ 840 / 401
- Stock P/E 72.5
- Book Value ₹ 48.3
- Dividend Yield 0.00 %
- ROCE 45.0 %
- ROE 35.2 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
- Company has a good return on equity (ROE) track record: 3 Years ROE 49.0%
Cons
- Stock is trading at 16.5 times its book value
- Though the company is reporting repeated profits, it is not paying out dividend
- Working capital days have increased from 50.4 days to 84.3 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
Sector: E-Commerce/App based Aggregator Industry: Trading
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 | |
|---|---|---|---|---|---|
| 30 | 40 | 77 | 123 | 170 | |
| 30 | 40 | 71 | 113 | 151 | |
| Operating Profit | 0 | 0 | 6 | 10 | 19 |
| OPM % | 1% | 1% | 7% | 8% | 11% |
| 0 | 0 | 0 | 0 | 1 | |
| Interest | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 1 | 1 |
| Profit before tax | 0 | 0 | 5 | 10 | 19 |
| Tax % | 0% | 27% | 0% | 24% | 22% |
| 0 | 0 | 5 | 8 | 15 | |
| EPS in Rs | 4.50 | 16.50 | 250.00 | 5.92 | 9.42 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 62% |
| TTM: | 46% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 256% |
| TTM: | 64% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 23% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 49% |
| Last Year: | 35% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 | |
|---|---|---|---|---|---|---|
| Equity Capital | 0.20 | 0.20 | 0.20 | 13 | 16 | 16 |
| Reserves | 0 | 0 | 6 | 3 | 52 | 61 |
| 1 | 2 | 3 | 1 | 0 | 0 | |
| 4 | 4 | 10 | 11 | 17 | 21 | |
| Total Liabilities | 5 | 7 | 19 | 28 | 86 | 98 |
| 0 | 0 | 1 | 2 | 2 | 6 | |
| CWIP | 0 | 0 | 0 | 0 | 1 | 0 |
| Investments | 0 | 0 | 0 | 0 | 12 | 4 |
| 4 | 6 | 18 | 26 | 70 | 88 | |
| Total Assets | 5 | 7 | 19 | 28 | 86 | 98 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| 1 | -0 | 0 | 2 | -11 | |
| -0 | -1 | -0 | -1 | -22 | |
| -0 | 1 | 1 | -0 | 36 | |
| Net Cash Flow | 0 | -0 | 1 | 1 | 3 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | |
|---|---|---|---|---|---|
| Debtor Days | 10 | 7 | 6 | 3 | 24 |
| Inventory Days | 34 | 30 | 63 | 70 | 99 |
| Days Payable | 44 | 30 | 32 | 28 | 33 |
| Cash Conversion Cycle | 0 | 6 | 37 | 45 | 90 |
| Working Capital Days | 3 | 10 | 28 | 39 | 84 |
| ROCE % | 29% | 95% | 80% | 45% |
Documents
Announcements
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Clarification - Financial Results
11 December 2024 - Exchange has sought clarification from Vasa Denticity Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On …
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General Updates
4 December 2024 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, had written …
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Price movement
3 December 2024 - Investors have latest relevant information about the company and to inform the market place so that the interest of the investors is safeguarded, has written …
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Updates
27 November 2024 - Vasa Denticity Limited has informed regarding 'Outcome of the Circular Resolution Passed by the Board on November 27, 2024'.
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Press Release
20 November 2024 - Vasa Denticity Limited has informed regarding a press release dated November 19, 2024, titled "Press Release dated 19 November 2024 on the Unaudited Financial Results …
Annual reports
Concalls
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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 2023TranscriptNotesPPT
Business Overview[1]
Vasa Denticity is a Dental Products ECommerce company, with 15,000+ SKUs, 30 owned Brands, and 300 Domestic & International Brand tie-ups.
In H1 FY24, they onboarded 341 brands on their platform. Company specializes in Orthodontics, Endodontics, Oral Surgery, diagnosis, treatment, and aesthetics.[2]