Vertoz Ltd

Vertoz Ltd

₹ 8.75 -1.13%
21 May 3:15 p.m.
About

Incorporated in 2012, Vertoz Ltd provides programmatic online advertising services and other allied services to domestic/ overseas clients[1]

Key Points

Business Overview:[1][2]
VL is an AI-driven platform specializing in MadTech and CloudTech, serving advertisers, publishers, and agencies with solutions in digital marketing, advertising, and monetization. It currently has over 25,000 MadTech customers, 18,000+ CloudTech customers, a reach of 350 million+ audiences, and has processed over 2.17 million domains. Additionally, through its Connect Reseller platform, VL is the world’s second-largest player in domain processing, managing 3.48 lakh active domains.

  • Market Cap 746 Cr.
  • Current Price 8.75
  • High / Low 41.6 / 7.83
  • Stock P/E 30.6
  • Book Value 2.05
  • Dividend Yield 0.00 %
  • ROCE 12.3 %
  • ROE 12.1 %
  • Face Value 1.00

Pros

  • Company is expected to give good quarter
  • Debtor days have improved from 174 to 125 days.

Cons

  • Stock is trading at 4.28 times its book value
  • Though the company is reporting repeated profits, it is not paying out dividend
  • Tax rate seems low
  • Company has a low return on equity of 11.9% over last 3 years.

* 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.

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Quarterly Results

Consolidated Figures in Rs. Crores / View Standalone

Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024
12.25 10.00 11.03 15.88 21.58 34.32 33.92 37.66 55.23 45.66 60.17 63.65 66.20
9.13 7.37 8.33 12.32 17.24 27.87 30.00 31.06 49.18 39.01 51.24 56.83 57.92
Operating Profit 3.12 2.63 2.70 3.56 4.34 6.45 3.92 6.60 6.05 6.65 8.93 6.82 8.28
OPM % 25.47% 26.30% 24.48% 22.42% 20.11% 18.79% 11.56% 17.53% 10.95% 14.56% 14.84% 10.71% 12.51%
0.08 0.03 0.03 0.58 0.37 -0.03 1.08 0.24 0.10 0.17 0.15 3.39 1.60
Interest 0.21 0.08 0.21 0.20 0.31 0.73 0.50 0.76 0.08 0.18 0.45 0.72 0.69
Depreciation 0.74 0.76 0.66 0.65 0.66 0.64 0.62 0.83 1.31 2.93 2.79 2.41 1.22
Profit before tax 2.25 1.82 1.86 3.29 3.74 5.05 3.88 5.25 4.76 3.71 5.84 7.08 7.97
Tax % 21.33% 0.00% 24.19% 29.18% 14.44% 18.81% 8.51% 2.29% 5.25% -26.15% 1.71% 7.20% 7.78%
1.76 1.83 1.41 2.33 3.20 4.10 3.54 5.13 4.51 4.69 5.74 6.57 7.35
EPS in Rs 0.07 0.08 0.06 0.10 0.13 0.17 0.15 0.14 0.14 0.06 0.07 0.08 0.09
Raw PDF
Upcoming result date: 26 May 2025

Profit & Loss

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
12 20 37 46 41 57 42 83 155 236
11 15 29 36 34 45 31 65 134 205
Operating Profit 1 5 8 11 7 12 11 18 22 31
OPM % 5% 25% 22% 23% 17% 22% 27% 21% 14% 13%
0 0 1 1 2 2 1 1 2 5
Interest 0 1 1 0 1 1 1 2 2 2
Depreciation 0 1 1 2 2 4 3 3 6 9
Profit before tax 0 4 7 9 5 9 8 14 16 25
Tax % 12% 21% 15% 16% 22% 12% 21% 21% -2%
0 3 6 7 4 8 6 11 16 24
EPS in Rs 0.24 0.31 0.17 0.34 0.26 0.46 0.19 0.30
Dividend Payout % 0% 0% 0% 1% 3% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: 27%
3 Years: 40%
TTM: 46%
Compounded Profit Growth
10 Years: %
5 Years: 17%
3 Years: 24%
TTM: 52%
Stock Price CAGR
10 Years: %
5 Years: 19%
3 Years: 27%
1 Year: -77%
Return on Equity
10 Years: %
5 Years: 12%
3 Years: 12%
Last Year: 12%

Balance Sheet

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 0.02 0.02 6 6 12 12 12 12 42 85
Reserves 1 4 22 30 38 46 54 90 116 89
0 4 3 6 12 14 10 9 17 23
4 8 10 10 10 12 10 19 22 19
Total Liabilities 5 16 41 52 72 84 86 130 198 216
1 6 10 9 59 56 55 57 93 90
CWIP 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 5 13
4 11 32 43 13 27 31 73 100 113
Total Assets 5 16 41 52 72 84 86 130 198 216

Cash Flows

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
2 5 -5 -8 49 -3 2 -15 7
-1 -6 -5 -0 -49 3 -0 1 -44
0 1 19 -1 -1 -1 -2 18 41
Net Cash Flow 2 0 10 -9 -1 -0 0 3 4

Ratios

Consolidated Figures in Rs. Crores / View Standalone

Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 37 128 176 106 83 149 230 166 125
Inventory Days 0
Days Payable
Cash Conversion Cycle 37 128 176 106 83 149 230 166 125
Working Capital Days -77 -4 91 229 -3 74 157 208 156
ROCE % 95% 36% 25% 13% 16% 12% 17% 12%

Shareholding Pattern

Numbers in percentages

Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025
56.33% 56.33% 56.33% 56.33% 56.33% 48.96% 48.96% 37.52% 64.47% 64.74% 64.74% 64.74%
0.00% 0.00% 0.31% 0.82% 0.83% 3.30% 7.14% 23.06% 11.38% 4.28% 2.75% 2.95%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.02% 0.00% 0.00%
43.67% 43.67% 43.36% 42.86% 42.84% 47.74% 43.89% 39.43% 24.14% 30.96% 32.51% 32.31%
No. of Shareholders 18,07115,26811,21710,09311,4769,96310,50212,09913,67770,79686,61189,532

* 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.

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