Vakrangee Ltd
Incorporated in 1990, Vakrangee Ltd provides diverse solutions, and activities in the e-commerce sector, including bullion and jewellery, through its Vakrangee Kendra (on B2B and B2C basis), and handles multi-state data digitization, software, and licence[1]
- Market Cap ₹ 1,091 Cr.
- Current Price ₹ 10.1
- High / Low ₹ 38.2 / 8.81
- Stock P/E 171
- Book Value ₹ 1.87
- Dividend Yield 0.50 %
- ROCE 5.86 %
- ROE 3.51 %
- Face Value ₹ 1.00
Pros
- Company has reduced debt.
- Company is almost debt free.
- Debtor days have improved from 62.7 to 38.7 days.
Cons
- Stock is trading at 5.38 times its book value
- Promoter holding has decreased over last quarter: -1.62%
- The company has delivered a poor sales growth of -17.9% over past five years.
- Company has a low return on equity of 2.54% over last 3 years.
- Contingent liabilities of Rs.343 Cr.
* 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
Information Technology Information Technology IT - Services IT Enabled Services
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 1,952 | 2,780 | 3,191 | 4,000 | 6,502 | 1,508 | 685 | 314 | 194 | 197 | 213 | 255 | |
| 1,417 | 2,057 | 2,370 | 3,054 | 5,495 | 1,530 | 661 | 286 | 176 | 179 | 186 | 231 | |
| Operating Profit | 535 | 723 | 821 | 946 | 1,007 | -22 | 24 | 28 | 18 | 19 | 26 | 24 |
| OPM % | 27% | 26% | 26% | 24% | 15% | -1% | 3% | 9% | 9% | 9% | 12% | 9% |
| 6 | 6 | 6 | 5 | 34 | 82 | 83 | 70 | 2 | 1 | 3 | 4 | |
| Interest | 78 | 75 | 56 | 50 | 10 | -0 | -0 | -0 | -0 | 2 | 8 | 2 |
| Depreciation | 181 | 165 | 164 | 73 | 7 | 9 | 15 | 15 | 15 | 16 | 16 | 17 |
| Profit before tax | 282 | 489 | 606 | 828 | 1,024 | 51 | 92 | 83 | 5 | 3 | 6 | 10 |
| Tax % | 38% | 34% | 35% | 36% | 34% | 51% | 22% | 24% | 100% | 63% | 26% | 33% |
| 175 | 322 | 395 | 531 | 680 | 25 | 71 | 63 | -0 | 1 | 4 | 6 | |
| EPS in Rs | 1.74 | 3.20 | 3.73 | 5.02 | 6.43 | 0.24 | 0.67 | 0.59 | -0.00 | 0.01 | 0.04 | 0.06 |
| Dividend Payout % | 7% | 4% | 17% | 20% | 4% | 105% | 37% | 17% | 530% | 122% | -0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | -21% |
| 5 Years: | -18% |
| 3 Years: | 10% |
| TTM: | 20% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | -32% |
| 5 Years: | -38% |
| 3 Years: | % |
| TTM: | 62% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -15% |
| 5 Years: | -21% |
| 3 Years: | -24% |
| 1 Year: | -58% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 2% |
| 3 Years: | 3% |
| Last Year: | 4% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 50 | 50 | 53 | 53 | 106 | 106 | 106 | 106 | 106 | 106 | 106 | 108 |
| Reserves | 729 | 1,157 | 1,530 | 2,001 | 2,487 | 2,496 | 2,531 | 2,558 | 22 | 18 | 56 | 94 |
| 492 | 416 | 320 | 144 | -0 | -0 | -0 | -0 | 27 | 58 | 12 | 5 | |
| 453 | 414 | 189 | 71 | 400 | 116 | 182 | 212 | 178 | 116 | 126 | 102 | |
| Total Liabilities | 1,725 | 2,037 | 2,092 | 2,268 | 2,993 | 2,718 | 2,819 | 2,876 | 333 | 298 | 300 | 309 |
| 436 | 273 | 132 | 29 | 90 | 143 | 149 | 156 | 139 | 127 | 114 | 115 | |
| CWIP | 48 | 10 | -0 | 0 | 3 | 13 | 5 | 5 | 6 | 8 | 10 | 12 |
| Investments | 3 | 2 | 2 | 2 | 29 | 4 | 3 | 1 | 2 | 3 | 7 | 4 |
| 1,238 | 1,753 | 1,959 | 2,238 | 2,871 | 2,558 | 2,662 | 2,714 | 186 | 160 | 169 | 177 | |
| Total Assets | 1,725 | 2,037 | 2,092 | 2,268 | 2,993 | 2,718 | 2,819 | 2,876 | 333 | 298 | 300 | 309 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 227 | -1 | 272 | 669 | 530 | -708 | -51 | -31 | 21 | -42 | 31 | -21 | |
| -226 | -0 | -9 | 54 | -99 | 35 | 68 | 50 | 1 | -5 | -7 | -12 | |
| -4 | 10 | -112 | -142 | -136 | -32 | -30 | -26 | 17 | 25 | -9 | 30 | |
| Net Cash Flow | -3 | 9 | 151 | 581 | 294 | -705 | -13 | -7 | 39 | -22 | 15 | -3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 144 | 157 | 97 | 75 | 73 | 319 | 729 | 1,301 | 79 | 74 | 75 | 39 |
| Inventory Days | 45 | 31 | 81 | 38 | ||||||||
| Days Payable | 71 | 39 | 18 | 37 | ||||||||
| Cash Conversion Cycle | 119 | 149 | 160 | 75 | 73 | 319 | 729 | 1,301 | 79 | 74 | 75 | 40 |
| Working Capital Days | 126 | 166 | 170 | 142 | 55 | 310 | 894 | 2,188 | -93 | 31 | 1 | 5 |
| ROCE % | 31% | 39% | 37% | 43% | 43% | 2% | 3% | 3% | 0% | 3% | 7% | 6% |
Documents
Announcements
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 9 Jun
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Withdrawal Of In-Principle Application For Allotment Of 35,00,00,000 Convertible Warrants
6 Jun - Withdrawal of application for 35 crore convertible warrants allotment by Vakrangee Limited.
- Disclosures under Reg. 29(2) of SEBI (SAST) Regulations, 2011 5 Jun
-
VAKRANGEE PARTNERS WITH UNIVERSAL SOMPO GENERAL INSURANCE COMPANY LIMITED TO OFFER GENERAL INSURANCE PRODUCTS ACROSS ITS NETWORK
30 May - Vakrangee partners with Universal Sompo to offer general insurance via 83% rural Vakrangee Kendras.
-
VORTEX ENGINEERING EXPANDS ITS FOOTPRINT WITH A 600 ATM MACHINES LOI FROM PUNJAB & SIND BANK
29 May - Vortex Engineering wins Rs. 39.38 Cr LOI for 600 ATMs from Punjab & Sind Bank for 5 years AMC.
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Aug 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Jun 2023Transcript PPT
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Oct 2020Transcript PPT
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Jan 2018TranscriptNotesPPT
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May 2017TranscriptNotesPPT
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Feb 2017TranscriptNotesPPT
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Nov 2016TranscriptNotesPPT
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Aug 2016TranscriptNotesPPT
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Aug 2015TranscriptNotesPPT
Business Overview:[1]
VL is one of the largest franchisee-based,
multiservice retail network. It is focused on
creating India’s extensive network of last-mile
retail outlets at every postal code in the country. The company has a presence in Rural India for its various Business verticals including the new age Fintech and Digital platforms. VL is building one of India’s largest Last Mile Distribution Platform and emerging as the Physical plus Digital Eco-system with a PAN India presence.