Vertoz Ltd
Incorporated in 2012, Vertoz Ltd provides programmatic online advertising services and other allied services to domestic/ overseas clients[1]
- Market Cap ₹ 390 Cr.
- Current Price ₹ 45.8
- High / Low ₹ 111 / 27.0
- Stock P/E 15.0
- Book Value ₹ 26.8
- Dividend Yield 0.21 %
- ROCE 14.2 %
- ROE 12.4 %
- Face Value ₹ 10.0
Pros
- Company has delivered good profit growth of 26.1% CAGR over last 5 years
- Company's working capital requirements have reduced from 107 days to 80.1 days
Cons
- Company has a low return on equity of 12.9% over last 3 years.
- Promoters have pledged 63.0% of their holding.
* 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
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 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 12 | 20 | 37 | 46 | 41 | 57 | 42 | 83 | 155 | 254 | 292 | |
| 11 | 15 | 29 | 36 | 34 | 45 | 31 | 65 | 134 | 216 | 243 | |
| Operating Profit | 1 | 5 | 8 | 11 | 7 | 12 | 11 | 18 | 22 | 38 | 49 |
| OPM % | 5% | 25% | 22% | 23% | 17% | 22% | 27% | 21% | 14% | 15% | 17% |
| 0 | 0 | 1 | 1 | 2 | 2 | 1 | 1 | 2 | 5 | 5 | |
| Interest | 0 | 1 | 1 | 0 | 1 | 1 | 1 | 2 | 2 | 2 | 6 |
| Depreciation | 0 | 1 | 1 | 2 | 2 | 4 | 3 | 3 | 6 | 13 | 16 |
| Profit before tax | 0 | 4 | 7 | 9 | 5 | 9 | 8 | 14 | 16 | 28 | 32 |
| Tax % | 12% | 21% | 15% | 16% | 22% | 12% | 21% | 21% | -2% | 8% | 18% |
| 0 | 3 | 6 | 7 | 4 | 8 | 6 | 11 | 16 | 26 | 26 | |
| EPS in Rs | 2.39 | 3.06 | 1.69 | 3.41 | 2.54 | 4.60 | 1.88 | 3.05 | 3.06 | ||
| Dividend Payout % | 0% | 0% | 0% | 1% | 3% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 38% |
| 5 Years: | 39% |
| 3 Years: | 52% |
| TTM: | 15% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 53% |
| 5 Years: | 26% |
| 3 Years: | 33% |
| TTM: | 7% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | -13% |
| 3 Years: | -28% |
| 1 Year: | -56% |
| Return on Equity | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 13% |
| 3 Years: | 13% |
| 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 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 0.02 | 0.02 | 6 | 6 | 12 | 12 | 12 | 12 | 42 | 85 | 85 |
| Reserves | 1 | 4 | 22 | 30 | 38 | 46 | 54 | 90 | 116 | 105 | 143 |
| 0 | 4 | 3 | 6 | 12 | 14 | 10 | 9 | 17 | 21 | 88 | |
| 4 | 8 | 10 | 10 | 10 | 12 | 10 | 19 | 22 | 42 | 104 | |
| Total Liabilities | 5 | 16 | 41 | 52 | 72 | 84 | 86 | 130 | 198 | 254 | 421 |
| 1 | 6 | 10 | 9 | 59 | 56 | 55 | 57 | 93 | 86 | 199 | |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 0 | 0 |
| 4 | 11 | 32 | 43 | 13 | 27 | 31 | 73 | 100 | 168 | 221 | |
| Total Assets | 5 | 16 | 41 | 52 | 72 | 84 | 86 | 130 | 198 | 254 | 421 |
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 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 2 | 5 | -5 | -8 | 49 | -3 | 2 | -15 | 7 | 8 | 60 | |
| -1 | -6 | -5 | -0 | -49 | 3 | -0 | 1 | -44 | 9 | -71 | |
| 0 | 1 | 19 | -1 | -1 | -1 | -2 | 18 | 41 | -15 | 7 | |
| Net Cash Flow | 2 | 0 | 10 | -9 | -1 | -0 | 0 | 3 | 4 | 2 | -4 |
| Free Cash Flow | 2 | 2 | -10 | -9 | -1 | -1 | 1 | -16 | -34 | 5 | -16 |
| CFO/OP | 384% | 108% | -45% | -61% | 735% | -12% | 36% | -71% | 37% | 30% | 129% |
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 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 37 | 128 | 176 | 106 | 83 | 149 | 230 | 166 | 125 | 88 | 102 |
| Inventory Days | 0 | ||||||||||
| Days Payable | |||||||||||
| Cash Conversion Cycle | 37 | 128 | 176 | 106 | 83 | 149 | 230 | 166 | 125 | 88 | 102 |
| Working Capital Days | -77 | -60 | 71 | 193 | -84 | 5 | 87 | 171 | 117 | 125 | 80 |
| ROCE % | 95% | 36% | 25% | 13% | 16% | 12% | 17% | 12% | 15% | 14% |
Insights
In beta| Mar 2021 | Mar 2023 | Mar 2024 | Sep 2025 | |
|---|---|---|---|---|
| Advertising Agencies Network number |
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| Headcount number |
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| Publisher Networks (MadTech) number |
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| CloudTech Resellers number |
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| Countries with CloudTech Customers number |
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| Customer Retention Rate % |
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| Geographical Revenue Split (International) % |
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Extracted by Screener AI
Documents
Announcements
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Trading Window
9 June 2026 - Vertoz Limited has informed regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015
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Updates
3 June 2026 - Board approved Rs.0.10 interim dividend for FY27; record date June 5, 2026.
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Copy of Newspaper Publication
31 May 2026 - Published newspaper ad for interim dividend and payment date for FY 2026-2027.
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Copy of Newspaper Publication
31 May 2026 - Vertoz approved audited FY26 results and 10 paise final dividend, payable 26 June 2026.
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Updates
29 May 2026 - Vertoz shared contact details of authorised persons for materiality determination and stock exchange disclosures.
Annual reports
Concalls
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Feb 2026Transcript PPT
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Nov 2025Transcript PPT REC
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Nov 2025TranscriptAI SummaryPPT
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Aug 2025Transcript PPT
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May 2025Transcript PPT
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Feb 2025Transcript PPT
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Nov 2024Transcript PPT
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Aug 2024Transcript PPT
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May 2024Transcript PPT
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Feb 2024TranscriptAI SummaryPPT
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Nov 2023TranscriptAI SummaryPPT
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Aug 2023TranscriptAI SummaryPPT
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Aug 2021TranscriptAI SummaryPPT
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Jun 2021TranscriptAI SummaryPPT
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Feb 2021TranscriptAI SummaryPPT
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Nov 2020TranscriptAI SummaryPPT
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Jul 2020TranscriptAI SummaryPPT
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.