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 ₹ 625 Cr.
- Current Price ₹ 426
- High / Low ₹ 450 / 300
- Stock P/E 20.8
- 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 84.4 days to 125 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: | 20% |
| 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 | -55 | -51 | 29 | 99 | 125 |
| ROCE % | 11% | 53% | 33% | 29% |
Documents
Announcements
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General Updates
8 September 2025 - AGM on September 30, 2025; annual report link; e-voting Sep 27–29; cut-off Sep 23.
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Copy of Newspaper Publication
8 September 2025 - Vinsys It Services India Limited has informed about Copy of Newspaper Publication
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Shareholders meeting
8 September 2025 - AGM Sep 30, 2025; appoint Kunal Patil; MD pay ₹6L/month, WTD ₹4L/month; e-voting Sep 27–29.
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Outcome of Board Meeting
4 September 2025 - Approved FY2024-25 Draft Directors’ Report; AGM on 30 Sep 2025 at 11:00 via VC; NSDL e-voting appointed.
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Outcome of Board Meeting
4 September 2025 - Approved FY2024-25 Draft Directors' Report; AGM on 30 Sep 2025 via VC; NSDL appointed e-voting agency; SCS&Co scrutinizer.
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.