Vinsys IT Services India Ltd
Incorporated in 2008, Vinsys IT Services India offers services in IT skill development, training, and certification domain.[1]
- Market Cap ₹ 571 Cr.
- Current Price ₹ 389
- High / Low ₹ 450 / 300
- Stock P/E 19.0
- Book Value ₹ 89.3
- Dividend Yield 0.00 %
- ROCE 28.6 %
- ROE 25.9 %
- Face Value ₹ 10.0
Pros
- Company has a good return on equity (ROE) track record: 3 Years ROE 34.9%
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Debtor days have increased from 104 to 129 days.
- Working capital days have increased from 95.6 days to 134 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
Consumer Discretionary Consumer Services Other Consumer Services Education
Half Yearly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 20 | 32 | 95 | 170 | 212 | |
| 18 | 29 | 76 | 141 | 172 | |
| Operating Profit | 2 | 3 | 19 | 29 | 40 |
| OPM % | 11% | 10% | 20% | 17% | 19% |
| 0 | -1 | 1 | 1 | 3 | |
| Interest | 2 | 2 | 2 | 3 | 2 |
| Depreciation | 1 | 0 | 1 | 3 | 4 |
| Profit before tax | 0 | 0 | 17 | 25 | 36 |
| Tax % | -46% | 5,200% | 14% | 7% | 17% |
| 0 | -1 | 15 | 23 | 30 | |
| EPS in Rs | 3.50 | -5.20 | 15.01 | 15.61 | 20.46 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 88% |
| TTM: | 24% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 32% |
| TTM: | 31% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 13% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 35% |
| Last Year: | 26% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Equity Capital | 1 | 1 | 10 | 15 | 15 |
| Reserves | 7 | 6 | 14 | 86 | 116 |
| 14 | 20 | 23 | 18 | 19 | |
| 5 | 7 | 25 | 19 | 30 | |
| Total Liabilities | 27 | 35 | 73 | 138 | 180 |
| 2 | 2 | 13 | 19 | 24 | |
| CWIP | 9 | 13 | 9 | 22 | 29 |
| Investments | 0 | 0 | 1 | 14 | 8 |
| 16 | 19 | 50 | 83 | 119 | |
| Total Assets | 27 | 35 | 73 | 138 | 180 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| 1 | -0 | 20 | -11 | 13 | |
| -1 | -5 | -19 | -34 | -9 | |
| -0 | 5 | 6 | 47 | -1 | |
| Net Cash Flow | -0 | -0 | 7 | 3 | 3 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 141 | 119 | 90 | 93 | 129 |
| Inventory Days | 0 | ||||
| Days Payable | |||||
| Cash Conversion Cycle | 141 | 119 | 90 | 93 | 129 |
| Working Capital Days | 132 | 102 | 48 | 104 | 134 |
| ROCE % | 11% | 53% | 33% | 29% |
Documents
Announcements
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Analysts/Institutional Investor Meet/Con. Call Updates
9 June 2025 - FY25 revenue up 24% to INR 212 Cr; Middle East revenue +71%; INR 19 Cr UP bank order; growth and M&A plans.
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Analysts/Institutional Investor Meet/Con. Call Updates
9 June 2025 - Scheduled virtual investor meeting on 10 June 2025; no price sensitive info to be shared.
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Action(s) initiated or orders passed
31 May 2025 - Received Rs 92.05 lakh tax demand plus Rs 10,000 penalty for 2014-17 service tax; appeal in process.
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Structural Digital Database
28 May 2025 - SDD compliance certificate for FY ended March 2025 confirming no non-compliance and 7 UPSI events captured.
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Analysts/Institutional Investor Meet/Con. Call Updates
26 May 2025 - Investor call transcript for Vinsys IT Services dated 22 May 2025 published.
Annual reports
Concalls
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Jun 2025Transcript PPT
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Nov 2024TranscriptNotesPPT
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May 2024TranscriptNotesPPT
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Mar 2024TranscriptNotesPPT
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Dec 2023Transcript PPT
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Sep 2023TranscriptNotesPPT
Business Segments[1][2]
a) Corporate Training & Certification – Flagship vertical offering professional upskilling across 17 domains and 326+ courses.
b) Digital Learning – Includes virtual reality training (VR2), LMS solutions, and digital content creation tools.
c) Software Development – Offers SaaS, cybersecurity, quality engineering, managed IT services, and in-house proprietary platforms like VinLMS, VinProctomate, VinBPM, VinCRM, and VinHRMS.
d) Manpower & Staffing – Provides end-to-end solutions including talent acquisition, payroll, and logistics.
e) Foreign Language Services – Covers training, interpretation, transcription, and localization across 150+ global languages, delivering 250+ projects annually.
f) Business Academy – Focuses on professional development and strategic skill-building programs.