Vertoz Advertising Ltd

Vertoz Advertising Ltd

₹ 728 -1.22%
24 May - close price
About

Vertoz Advertising Ltd, founded in 2012, is an ad-tech Co. that offers data-driven marketing, advertising and monetization solutions to Digital Marketers, Advertising Agencies and Digital Media businesses using the latest technologies. The company has in-house developed its full-stack and has also acquired various components to complement its products. [1][2][3]

Key Points

Business Overview
Vertoz is an AI-powered MadTech and CloudTech platform, offering Digital Advertising and Monetization (MadTech) and Digital Identity and Cloud Infrastructure (CloudTech) catering to Businesses, Digital Marketers, Advertising Agencies, Digital Publishers, Cloud Providers, and Technology companies. [1]

  • Market Cap 1,308 Cr.
  • Current Price 728
  • High / Low 905 / 217
  • Stock P/E 505
  • Book Value 68.1
  • Dividend Yield 0.00 %
  • ROCE 4.27 %
  • ROE 3.21 %
  • Face Value 10.0

Pros

Cons

  • Stock is trading at 10.7 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding has decreased over last quarter: -11.4%
  • Tax rate seems low
  • Company has a low return on equity of 6.71% over last 3 years.
  • Company has high debtors of 302 days.
  • Working capital days have increased from 262 days to 459 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.

Loading peers table ...

Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024
4.18 3.87 4.90 6.06 5.69 7.13 13.40 15.09 18.54 11.38 9.92 10.13 10.35
2.96 2.60 3.45 4.20 3.25 5.55 11.90 13.10 16.69 10.42 8.72 9.29 9.06
Operating Profit 1.22 1.27 1.45 1.86 2.44 1.58 1.50 1.99 1.85 0.96 1.20 0.84 1.29
OPM % 29.19% 32.82% 29.59% 30.69% 42.88% 22.16% 11.19% 13.19% 9.98% 8.44% 12.10% 8.29% 12.46%
0.04 0.37 0.03 0.06 0.12 0.03 0.15 0.32 -0.10 1.00 0.07 0.07 0.08
Interest 0.47 0.20 0.34 0.16 0.15 0.17 0.09 0.15 0.58 0.23 0.68 0.08 0.11
Depreciation 0.58 0.43 0.43 0.43 0.43 0.34 0.34 0.33 0.33 0.29 0.31 0.43 0.55
Profit before tax 0.21 1.01 0.71 1.33 1.98 1.10 1.22 1.83 0.84 1.44 0.28 0.40 0.71
Tax % 76.19% 21.78% 32.39% 24.06% 28.28% 25.45% 31.97% 22.95% 17.86% 22.22% 14.29% 40.00% -36.62%
0.05 0.79 0.48 1.01 1.42 0.83 0.82 1.41 0.68 1.13 0.24 0.25 0.97
EPS in Rs 0.04 0.66 0.40 0.84 1.19 0.69 0.69 1.18 0.57 0.94 0.17 0.16 0.54
Raw PDF

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
5.77 10.62 15.20 21.30 15.36 16.58 20.52 54.17 41.78
5.43 7.80 12.05 17.04 11.90 11.33 13.29 46.69 37.49
Operating Profit 0.34 2.82 3.15 4.26 3.46 5.25 7.23 7.48 4.29
OPM % 5.89% 26.55% 20.72% 20.00% 22.53% 31.66% 35.23% 13.81% 10.27%
0.09 0.18 0.68 0.65 1.24 1.96 0.43 0.40 1.22
Interest 0.06 0.39 0.45 0.46 1.07 1.18 0.92 1.55 1.10
Depreciation 0.18 0.79 0.90 0.59 0.77 2.35 1.72 1.34 1.58
Profit before tax 0.19 1.82 2.48 3.86 2.86 3.68 5.02 4.99 2.83
Tax % 26.32% 39.56% 27.02% 28.50% 31.12% 25.00% 26.29% 26.65% 8.83%
0.14 1.11 1.81 2.75 1.97 2.77 3.70 3.67 2.59
EPS in Rs 1.51 2.29 1.65 2.31 3.09 3.07 1.44
Dividend Payout % 0.00% 0.00% 0.00% 2.18% 6.08% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 14%
3 Years: 36%
TTM: -23%
Compounded Profit Growth
10 Years: %
5 Years: -1%
3 Years: -2%
TTM: -29%
Stock Price CAGR
10 Years: %
5 Years: 49%
3 Years: 45%
1 Year: 215%
Return on Equity
10 Years: %
5 Years: 7%
3 Years: 7%
Last Year: 3%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity Capital 0.02 0.02 5.99 5.99 11.97 11.97 11.97 11.97 42.03
Reserves 0.45 1.57 16.22 18.98 14.78 17.37 21.51 27.24 80.28
0.34 4.49 3.20 4.93 10.57 11.77 8.32 8.70 13.78
2.57 2.98 3.05 5.24 5.49 7.58 6.77 31.47 8.36
Total Liabilities 3.38 9.06 28.46 35.14 42.81 48.69 48.57 79.38 144.45
0.58 2.17 1.42 0.91 8.50 6.16 4.49 3.35 8.33
CWIP 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Investments 0.44 0.44 1.41 24.16 25.03 26.93 27.63 30.27 68.32
2.36 6.45 25.63 10.07 9.28 15.60 16.45 45.76 67.80
Total Assets 3.38 9.06 28.46 35.14 42.81 48.69 48.57 79.38 144.45

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
-0.27 -8.99 14.90 6.75 0.21 1.55 -16.97 -15.37
-2.20 -0.42 -22.19 -6.39 0.05 0.37 -0.34 -43.22
3.76 18.24 -0.82 -1.10 -0.53 -1.61 18.57 62.12
Net Cash Flow 1.29 8.82 -8.11 -0.74 -0.27 0.31 1.25 3.54

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 37.95 114.79 309.29 101.79 136.88 272.54 229.64 107.81 301.75
Inventory Days
Days Payable
Cash Conversion Cycle 37.95 114.79 309.29 101.79 136.88 272.54 229.64 107.81 301.75
Working Capital Days -121.46 33.68 258.38 16.79 18.77 111.61 120.78 204.77 459.26
ROCE % 64.15% 18.61% 15.62% 11.69% 12.39% 14.33% 14.58%

Shareholding Pattern

Numbers in percentages

5 Recently
Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
56.33% 56.33% 56.33% 56.33% 56.33% 56.33% 56.33% 56.33% 56.33% 48.96% 48.96% 37.52%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.31% 0.82% 0.83% 3.30% 7.14% 23.06%
2.40% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
41.27% 43.67% 43.68% 43.67% 43.67% 43.67% 43.36% 42.86% 42.84% 47.74% 43.89% 39.43%
No. of Shareholders 15,60117,46716,71518,38318,07115,26811,21710,09311,4769,96310,50212,099

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents