Virinchi Ltd
Incorporated in 1991, Virinchi Ltd is an IT Products & Services company which offers customized solutions to companies globally[1]
- Market Cap ₹ 169 Cr.
- Current Price ₹ 15.3
- High / Low ₹ 32.7 / 13.6
- Stock P/E
- Book Value ₹ 45.3
- Dividend Yield 0.00 %
- ROCE 1.31 %
- ROE -5.39 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.34 times its book value
- Promoter holding has increased by 2.59% over last quarter.
Cons
- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -4.24% over past five years.
- Company has a low return on equity of -0.85% 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.
Peer comparison
Information Technology Information Technology IT - Software Software Products
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 139 | 218 | 287 | 341 | 406 | 380 | 353 | 362 | 311 | 298 | 301 | 284 | |
| 117 | 187 | 223 | 245 | 286 | 269 | 257 | 261 | 204 | 188 | 211 | 220 | |
| Operating Profit | 22 | 31 | 64 | 96 | 120 | 111 | 96 | 101 | 107 | 109 | 90 | 64 |
| OPM % | 16% | 14% | 22% | 28% | 30% | 29% | 27% | 28% | 34% | 37% | 30% | 23% |
| 2 | 2 | 2 | 1 | 4 | 2 | 6 | 3 | 4 | 5 | 7 | 2 | |
| Interest | 2 | 3 | 12 | 18 | 22 | 22 | 33 | 27 | 34 | 43 | 40 | 33 |
| Depreciation | 11 | 12 | 25 | 33 | 36 | 44 | 48 | 48 | 56 | 54 | 55 | 56 |
| Profit before tax | 11 | 18 | 30 | 46 | 66 | 46 | 22 | 28 | 21 | 17 | 2 | -23 |
| Tax % | 25% | 11% | 20% | 28% | 11% | -2% | 88% | 50% | 38% | 23% | 79% | 19% |
| 8 | 16 | 24 | 33 | 59 | 46 | 3 | 14 | 13 | 13 | 0 | -27 | |
| EPS in Rs | 2.30 | 4.50 | 4.42 | 5.85 | 9.46 | 7.11 | 0.37 | 1.80 | 1.54 | 1.46 | 0.07 | -2.40 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 3% |
| 5 Years: | -4% |
| 3 Years: | -3% |
| TTM: | -6% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| TTM: | -3728% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | -5% |
| 5 Years: | -12% |
| 3 Years: | -25% |
| 1 Year: | -35% |
| Return on Equity | |
|---|---|
| 10 Years: | 5% |
| 5 Years: | 1% |
| 3 Years: | -1% |
| Last Year: | -5% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 18 | 18 | 27 | 28 | 31 | 33 | 37 | 79 | 84 | 94 | 103 | 109 |
| Reserves | 89 | 106 | 180 | 228 | 287 | 343 | 339 | 292 | 324 | 361 | 373 | 384 |
| 31 | 110 | 158 | 157 | 162 | 156 | 261 | 276 | 317 | 330 | 292 | 273 | |
| 12 | 30 | 53 | 80 | 55 | 38 | 50 | 56 | 62 | 66 | 79 | 84 | |
| Total Liabilities | 150 | 264 | 418 | 494 | 535 | 571 | 687 | 703 | 787 | 851 | 847 | 850 |
| 75 | 143 | 316 | 323 | 376 | 395 | 495 | 479 | 460 | 547 | 569 | 532 | |
| CWIP | 4 | 17 | 3 | 5 | 0 | 4 | 11 | 11 | 110 | 83 | 86 | 86 |
| Investments | 0 | 1 | 1 | 1 | 0 | 0 | 0 | 2 | 2 | 3 | 2 | 1 |
| 71 | 104 | 98 | 164 | 159 | 171 | 181 | 212 | 214 | 218 | 191 | 231 | |
| Total Assets | 150 | 264 | 418 | 494 | 535 | 571 | 687 | 703 | 787 | 851 | 847 | 850 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 12 | 23 | 79 | 35 | 81 | 85 | 50 | 82 | 127 | 116 | 84 | 21 | |
| -3 | -94 | -126 | -51 | -83 | -68 | -154 | -34 | -137 | -114 | -78 | -19 | |
| 2 | 73 | 31 | 14 | 1 | -17 | 115 | -31 | 4 | -13 | -19 | -1 | |
| Net Cash Flow | 11 | 2 | -16 | -1 | -1 | -0 | 10 | 18 | -6 | -11 | -12 | 1 |
| Free Cash Flow | 9 | -70 | -46 | -15 | -3 | 17 | -104 | 50 | -9 | 3 | 5 | 2 |
| CFO/OP | 67% | 80% | 133% | 50% | 73% | 76% | 72% | 95% | 127% | 110% | 95% | 44% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 50 | 90 | 53 | 84 | 69 | 72 | 80 | 76 | 78 | 91 | 98 | 111 |
| Inventory Days | 131 | 148 | 195 | 187 | 161 | |||||||
| Days Payable | 305 | 172 | 130 | 122 | 94 | |||||||
| Cash Conversion Cycle | 50 | 90 | 53 | 84 | -106 | 48 | 145 | 142 | 145 | 91 | 98 | 111 |
| Working Capital Days | -5 | 40 | -7 | 29 | 32 | 58 | 56 | 59 | 72 | 64 | 63 | 106 |
| ROCE % | 10% | 11% | 14% | 16% | 20% | 13% | 10% | 9% | 8% | 8% | 5% | 1% |
Insights
In beta| Mar 2016 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Jun 2022 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|
| Healthcare Bed Capacity Number |
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| vCard Cards Issued Number |
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| vCard Mobile App Installs Million |
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| SaaS Client Point of Sale Locations Number |
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| Total Loan Amount Sanctioned (Cumulative) USD Billion |
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| Total Number of Loans Sanctioned (Cumulative) Million |
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| Total Number of Payments Processed (Cumulative) Million |
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| Total Number of Unique Borrower Accounts (Cumulative) Million |
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Extracted by Screener AI
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Allotment
1d - Allotted 20,00,000 equity shares at Rs25 on warrant conversion; capital increased to Rs1,12,55,73,720.
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Management Update On Audited Standalone & Consolidated Financial Results For The Fourth Quarter And Year Ended March 31, 2026
31 May - Virinchi reported Q4FY26/FY26 results; consolidated FY26 revenue Rs286.13 crore, PAT loss Rs27.39 crore, after Rs8.43 crore write-off.
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Announcement under Regulation 30 (LODR)-Newspaper Publication
30 May - Newspaper publication for Audited Financial Results for the Quarter and Year ended March 31, 2026
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Audited Financial Results For The Qtr And Year Ended 31St March 2026
28 May - Board approved audited standalone and consolidated Q4 and FY2026 results on May 28, 2026.
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Board Meeting Outcome for Outcome Of Board Meeting- Approval Of Audited Financial Results For The Qtr And Year Ended On 31St March 2026
28 May - Board approved audited standalone and consolidated FY26 results on May 28, 2026; standalone loss was Rs310.35 lakh.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Concalls
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Jul 2025TranscriptAI SummaryPPT
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May 2023TranscriptAI SummaryPPT
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Oct 2022TranscriptAI SummaryPPT
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Jul 2022TranscriptAI SummaryPPT
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Jan 2022TranscriptAI SummaryPPT
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Nov 2021TranscriptAI SummaryPPT
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Mar 2020Transcript PPT
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Nov 2019TranscriptAI SummaryPPT
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Jul 2019TranscriptAI SummaryPPT
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Mar 2019Transcript PPT
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Jan 2019TranscriptPPT
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Dec 2018TranscriptPPT
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Dec 2018Transcript PPT
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Sep 2018Transcript PPT
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Jun 2018TranscriptPPT
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Jan 2018TranscriptAI SummaryPPT
Business Overview:[1][2]
Virinci is a CMMi Level 3, software products and services company. It deals in Fintech and Healthcare sector with a Loan Management System for Short Term Micro Credit Industry, Full Scale IT services with competency in Analytics & Mobility and Healthcare Delivery Business in India comprising 3 Operating Hospitals with a Pan-India Healthcare Mobility solution.