Share Price and Basic Stock Data

Last Updated: November 21, 2024, 9:16 pm

Market Cap	2,479 Cr.
Current Price	23.0
High / Low	37.7/18.4
Stock P/E	412
Book Value	1.84
Dividend Yield	0.22 %
ROCE	7.32 %
ROE	2.76 %
Face Value	1.00
PEG Ratio	-10.58

Stock P/E, Current Price, and Intrinsic Value Over Time

Stock P/E Current Price Intrinsic Value

View Share Price Target for Vakrangee Ltd

Competitors of Vakrangee Ltd

Stock Name	Market Cap	Current Price	High / Low	Stock P/E	Book Value	Dividend Yield	ROCE	ROE	Face Value
IDream Film Infrastructure Company Ltd	1.41 Cr.	93.8	99.0/85.0		295	0.00 %	%	%	10.0
IB Infotech Enterprises Ltd	23.4 Cr.	182	245/110	30.7	16.8	0.55 %	69.9 %	50.5 %	10.0
Hit Kit Global Solutions Ltd	6.54 Cr.	1.41	1.41/0.58	20.4	2.08	0.00 %	1.92 %	1.94 %	2.00
Globalspace Technologies Ltd	59.5 Cr.	17.3	27.0/16.2	180	11.2	0.00 %	%	%	10.0
First Fintec Ltd	8.64 Cr.	8.30	10.9/4.51		10.2	0.00 %	2.41 %	1.77 %	10.0
Industry Average	39,977.65 Cr	703.76		91.08	122.74	0.67%	18.02%	18.80%	6.94

All Competitor Stocks of Vakrangee Ltd

Quarterly Result

Month	Mar 2021	Jun 2021	Sep 2021	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024
Sales	101.85	154.02	207.19	208.67	48.10	48.47	234.07	49.15	50.94	55.59	51.54	51.56	53.89
Expenses	89.84	121.36	168.46	165.85	41.88	44.27	224.43	44.15	46.22	48.97	45.62	45.33	46.28
Operating Profit	12.01	32.66	38.73	42.82	6.22	4.20	9.64	5.00	4.72	6.62	5.92	6.23	7.61
OPM %	11.79%	21.21%	18.69%	20.52%	12.93%	8.67%	4.12%	10.17%	9.27%	11.91%	11.49%	12.08%	14.12%
Other Income	17.65	1.42	0.47	-0.82	1.16	0.25	1.36	-0.05	0.86	0.31	0.87	1.32	0.39
Interest	0.00	0.00	0.00	0.00	0.00	0.00	0.00	0.00	1.52	1.99	1.83	1.93	1.96
Depreciation	2.11	3.54	3.92	4.03	3.97	3.92	4.19	4.01	3.39	3.95	3.97	3.92	3.85
Profit before tax	27.55	30.54	35.28	37.97	3.41	0.53	6.81	0.94	0.67	0.99	0.99	1.70	2.19
Tax %	24.57%	23.61%	24.21%	22.75%	33.72%	88.68%	29.22%	86.17%	-1.49%	49.49%	57.58%	26.47%	0.00%
Net Profit	20.79	23.33	26.74	29.33	2.26	0.06	4.82	0.13	0.68	0.49	0.42	1.24	2.19
EPS in Rs	0.20	0.22	0.25	0.28	0.02	0.00	0.05	0.00	0.01	0.00	0.00	0.01	0.02

Last Updated: Unknown

Quarterly Chart

Profit & Loss - Annual Report

Last Updated: September 23, 2024, 3:17 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	TTM
Sales	1,547	1,952	2,780	3,191	4,000	6,502	1,508	685	314	194	197	213	216
Expenses	1,166	1,417	2,057	2,370	3,054	5,495	1,530	661	286	176	179	186	189
Operating Profit	382	535	723	821	946	1,007	-22	24	28	18	19	26	26
OPM %	25%	27%	26%	26%	24%	15%	-1%	3%	9%	9%	9%	12%	12%
Other Income	5	6	6	6	5	34	82	83	70	2	1	3	3
Interest	86	78	75	56	50	10	0	0	0	0	2	8	6
Depreciation	157	181	165	164	73	7	9	15	15	15	16	16	16
Profit before tax	144	282	489	606	828	1,024	51	92	83	5	3	6	8
Tax %	27%	38%	34%	35%	36%	34%	51%	22%	24%	100%	63%	26%
Net Profit	104	175	322	395	531	680	25	71	63	0	1	4	6
EPS in Rs	1.04	1.74	3.20	3.73	5.02	6.43	0.24	0.67	0.59	0.00	0.01	0.04	0.05
Dividend Payout %	10%	7%	4%	17%	20%	4%	105%	37%	17%		530%	122%

Profit & Loss Yearly Chart

YoY Net Profit Growth

Year	2013-2014	2014-2015	2015-2016	2016-2017	2017-2018	2018-2019	2019-2020	2020-2021	2021-2022	2023-2024
YoY Net Profit Growth (%)	68.27%	84.00%	22.67%	34.43%	28.06%	-96.32%	184.00%	-11.27%	-100.00%	300.00%
Change in YoY Net Profit Growth (%)	0.00%	15.73%	-61.33%	11.76%	-6.37%	-124.38%	280.32%	-195.27%	-88.73%	400.00%

Vakrangee Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 10 years from 2013-2014 to 2023-2024.

Growth

Compounded Sales Growth
10 Years:	-20%
5 Years:	-32%
3 Years:	-12%
TTM:	11%

Compounded Profit Growth
10 Years:	-32%
5 Years:	-31%
3 Years:	-60%
TTM:	260%

Stock Price CAGR
10 Years:	-9%
5 Years:	-8%
3 Years:	-10%
1 Year:	21%

Return on Equity
10 Years:	13%
5 Years:	2%
3 Years:	0%
Last Year:	3%

Last Updated: Unknown

Balance Sheet

Last Updated: November 14, 2024, 6:36 pm

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Sep 2024
Equity Capital	50	50	50	53	53	106	106	106	106	106	106	106	108
Reserves	464	627	907	1,530	2,001	2,487	2,496	2,531	2,558	22	18	56	90
Borrowings	542	492	416	320	144	0	0	0	0	27	58	12	10
Other Liabilities	327	555	664	189	71	400	116	182	212	178	116	126	143
Total Liabilities	1,383	1,725	2,037	2,092	2,268	2,993	2,718	2,819	2,876	333	298	300	351
Fixed Assets	420	436	273	132	29	90	143	149	156	139	127	114	115
CWIP	17	48	10	0	0	3	13	5	5	6	8	10	8
Investments	2	3	2	2	2	29	4	3	1	2	3	7	4
Other Assets	943	1,238	1,753	1,959	2,238	2,871	2,558	2,662	2,714	186	160	169	224
Total Assets	1,383	1,725	2,037	2,092	2,268	2,993	2,718	2,819	2,876	333	298	300	351

Reserves and Borrowings Chart

Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Cash from Operating Activity +	74	227	-1	272	669	530	-708	-51	-31	21	-42	31
Cash from Investing Activity +	-40	-226	-0	-9	54	-99	35	68	50	1	-5	-7
Cash from Financing Activity +	-30	-4	10	-112	-142	-136	-32	-30	-26	17	25	-9
Net Cash Flow	3	-3	9	151	581	294	-705	-13	-7	39	-22	15

Free Cash Flow

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Free Cash Flow	-160.00	43.00	307.00	501.00	802.00	1.00	-22.00	24.00	28.00	-9.00	-39.00	14.00

Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)

Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.

Free Cash Flow Chart

Financial Efficiency Indicators

Month	Mar 2013	Mar 2014	Mar 2015	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024
Debtor Days	154	144	157	97	75	73	319	729	1,301	79	74	75
Inventory Days	19	45	31	81
Days Payable	63	71	39	18
Cash Conversion Cycle	110	119	149	160	75	73	319	729	1,301	79	74	75
Working Capital Days	126	126	166	170	142	55	310	894	2,188	-93	31	1
ROCE %	24%	32%	44%	40%	43%	43%	2%	3%	3%	0%	3%	7%

Financial Efficiency Indicators Chart

Share Holding Pattern

Month	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	Mar 2024	Jun 2024	Sep 2024
Promoters	42.60%	42.60%	42.60%	42.60%	42.60%	42.60%	42.60%	42.60%	42.60%	42.60%	41.93%	41.67%
FIIs	8.02%	8.13%	8.25%	7.92%	7.93%	7.67%	4.11%	3.97%	3.31%	3.07%	2.93%	2.74%
DIIs	6.36%	6.37%	6.37%	6.37%	6.32%	6.32%	6.32%	6.29%	6.29%	6.29%	6.18%	5.13%
Public	43.02%	42.90%	42.78%	43.11%	43.15%	43.41%	46.97%	47.13%	47.81%	48.04%	48.97%	50.47%
No. of Shareholders	1,85,702	2,00,108	2,06,716	2,00,620	2,16,531	2,21,470	2,40,102	3,20,150	3,72,415	4,74,822	4,21,227	4,01,236

Shareholding Pattern Chart

No. of Shareholders

This stock is not held by any mutual fund

ROCE Trend

EPS Trend

Key Financial Ratios

Month	Mar 24	Mar 23	Mar 22	Mar 21	Mar 20
FaceValue	1.00	1.00	1.00	1.00	1.00
Basic EPS (Rs.)	0.04	0.01	1.03	0.59	0.67
Diluted EPS (Rs.)	0.04	0.01	1.03	0.59	0.67
Cash EPS (Rs.)	0.18	0.15	1.18	0.73	0.81
Book Value[Excl.RevalReserv]/Share (Rs.)	1.14	1.17	25.93	25.15	24.89
Book Value[Incl.RevalReserv]/Share (Rs.)	1.14	1.17	25.93	25.15	24.89
Revenue From Operations / Share (Rs.)	2.01	1.86	7.35	2.97	6.47
PBDIT / Share (Rs.)	0.27	0.18	1.50	0.92	0.95
PBIT / Share (Rs.)	0.12	0.03	1.35	0.78	0.81
PBT / Share (Rs.)	0.05	0.02	1.34	0.78	0.86
Net Profit / Share (Rs.)	0.04	0.01	1.03	0.59	0.67
NP After MI And SOA / Share (Rs.)	0.04	0.01	1.03	0.59	0.67
PBDIT Margin (%)	13.51	9.98	20.37	31.06	14.77
PBIT Margin (%)	6.12	2.12	18.39	26.35	12.62
PBT Margin (%)	2.75	1.35	18.17	26.35	13.36
Net Profit Margin (%)	2.04	0.50	14.06	19.97	10.40
NP After MI And SOA Margin (%)	2.04	0.50	14.06	19.97	10.40
Return on Networth / Equity (%)	3.61	0.81	3.98	2.35	2.70
Return on Capital Employeed (%)	6.92	2.68	5.20	3.10	3.27
Return On Assets (%)	1.45	0.33	3.73	2.18	2.52
Long Term Debt / Equity (X)	0.06	0.10	0.00	0.00	0.00
Total Debt / Equity (X)	0.10	0.46	0.00	0.00	0.00
Asset Turnover Ratio (%)	0.71	0.10	0.24	0.08	0.22
Current Ratio (X)	1.40	1.05	11.93	10.20	11.61
Quick Ratio (X)	1.40	1.04	11.90	10.17	11.56
Dividend Payout Ratio (NP) (%)	121.71	527.21	9.67	42.17	37.15
Dividend Payout Ratio (CP) (%)	26.43	32.07	8.47	34.13	30.79
Earning Retention Ratio (%)	-21.71	-427.21	90.33	57.83	62.85
Cash Earning Retention Ratio (%)	73.57	67.93	91.53	65.87	69.21
Interest Coverage Ratio (X)	3.72	13.01	0.00	0.00	0.00
Interest Coverage Ratio (Post Tax) (X)	1.49	1.66	0.00	0.00	0.00
Enterprise Value (Cr.)	2066.51	1718.30	3625.04	5916.69	1919.12
EV / Net Operating Revenue (X)	9.72	8.71	4.66	18.83	2.80
EV / EBITDA (X)	71.95	87.18	22.84	60.61	18.96
MarketCap / Net Operating Revenue (X)	9.89	8.60	4.73	18.89	3.06
Retention Ratios (%)	-21.71	-427.21	90.32	57.82	62.84
Price / BV (X)	17.47	13.70	1.34	2.23	0.79
Price / Net Operating Revenue (X)	9.89	8.60	4.73	18.89	3.06
EarningsYield	0.00	0.00	0.02	0.01	0.03

Profitability Ratios (%)

Liquidity Ratios

Liquidity Ratios (%)

Interest Coverage Ratios (%)

Valuation Ratios

Fair Value

Fair Value of Vakrangee Ltd as of November 21, 2024 is: 20.97

Calculation basis:

Fair value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.

This formula allows us to gauge the fair value of the stock by analyzing its fundamental indicators.

As of November 21, 2024, Vakrangee Ltd is Overvalued by 8.83% compared to the current share price 23.00

Intrinsic Value of Vakrangee Ltd as of November 21, 2024 is: 12.80

Calculation basis:

Intrinsic value = P/E Ratio * (Return on Equity / 100) * Book Value * (1 + Dividend Yield / 100) * (1 + EPS CAGR for Last 5 Years)
P/E Ratio (Price-to-Earnings Ratio): Represents the price of the stock relative to its earnings per share. A higher P/E ratio indicates that investors are willing to pay a higher price for the stock.
Return on Equity (ROE): Measures a company's profitability relative to its shareholder equity. It showcases the company's ability to generate profits using the investment made by its shareholders, offering valuable insight into its operational efficiency and financial performance.
Book Value: Represents the net asset value of the company per share. It is calculated as the total assets minus intangible assets and liabilities, divided by the number of outstanding shares.
Dividend Yield: The ratio of the annual dividend per share to the current market price per share. It offers valuable insights into the profitability of an investment through dividends.
EPS CAGR (Compound Annual Growth Rate): Represents the geometric mean growth rate of earnings per share over the last 5 years. It provides insight into the historical growth trajectory of the company's earnings.

This formula allows us to gauge the intrinsic value of the stock by analyzing its fundamental indicators along with EPS growth.

As of November 21, 2024, Vakrangee Ltd is Overvalued by 44.35% compared to the current share price 23.00

Last 5 Year EPS CAGR: -38.96%

*Investments are subject to market risks

Strength and Weakness

Strength

Weakness

The stock is trading at a low valuation with an average P/B ratio of 0.62 and average Dividend Yield of 13.12%.
The stock has a high average ROCE of 20.33%, which is a positive sign.
The company has higher reserves (1,214.38 cr) compared to borrowings (155.46 cr), indicating strong financial stability.
The company has shown consistent growth in sales (141.31 cr) and profit (199.85 cr) over the years.

The stock has a high average Working Capital Days of 160.83, which may not be favorable.
The stock has a high average Cash Conversion Cycle of 163.58, which may not be favorable.

Stock Analysis

Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in Vakrangee Ltd:
1. Net Profit Margin: 2.04%
  - Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
2. ROCE: 6.92% (Industry Average ROCE: 17.01%)
  - ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
3. ROE%: 3.61% (Industry Average ROE: 17.04%)
  - ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
4. Interest Coverage Ratio (Post Tax): 1.49
  - Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
5. Quick Ratio: 1.4
  - Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
6. Stock P/E: 412 (Industry average Stock P/E: 72.36)
  - Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
7. Total Debt / Equity: 0.1
  - Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
The current analysis is available for review. It's important to conduct thorough research and consider consulting with financial professionals before making any investment decisions.
Stock Rating:

About the Company - Qualitative Analysis

Vakrangee Ltd. is a Public Limited Listed company incorporated on 28/05/1990 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L65990MH1990PLC056669 and registration number is 056669. Currently Company is involved in the business activities of Data processing, hosting and related activities; web portals. Company’s Total Operating Revenue is Rs. 692.29 Cr. and Equity Capital is Rs. 105.95 Cr. for the Year ended 31/03/2022.

INDUSTRY	ADDRESS	CONTACT
IT Consulting & Software	Vakrangee Corporate House, Plot No 93, Road No. 16, Mumbai Maharashtra 400093	info@vakrangee.in http://www.vakrangee.in

Management
Name	Position Held
Mrs. Sujata Chattopadhyay	Ind. Non-Executive Director
Mr. Hari Chand Mittal	Ind. Non-Executive Director
Mr. Divya Nandwana	Executive Chairperson
Mr. Vedant Nandwana	Managing Director
Mr. Amit Sabarwal	Executive Director & Group CEO
Mr. S N Kaushik	Independent Director
Ms. Savita Keni	Independent Director
Mr. L K Shamsunder	Non Exe.Non Ind. & Nominee Director

FAQ

What is the latest intrinsic value of Vakrangee Ltd?

The latest intrinsic value of Vakrangee Ltd as on 21 November 2024 is ₹20.97, which is 8.83% lower than the current market price of ₹23.00.

What is the Market Cap of Vakrangee Ltd?

The Market Cap of Vakrangee Ltd is 2,479 Cr..

What is the current Stock Price of Vakrangee Ltd as on 21 November 2024?

The current stock price of Vakrangee Ltd as on 21 November 2024 is ₹23.0.

What is the High / Low of Vakrangee Ltd stocks in FY 2024?

In FY 2024, the High / Low of Vakrangee Ltd stocks is 37.7/18.4.

What is the Stock P/E of Vakrangee Ltd?

The Stock P/E of Vakrangee Ltd is 412.

What is the Book Value of Vakrangee Ltd?

The Book Value of Vakrangee Ltd is 1.84.

What is the Dividend Yield of Vakrangee Ltd?

The Dividend Yield of Vakrangee Ltd is 0.22 %.

What is the ROCE of Vakrangee Ltd?

The ROCE of Vakrangee Ltd is 7.32 %.

What is the ROE of Vakrangee Ltd?

The ROE of Vakrangee Ltd is 2.76 %.

What is the Face Value of Vakrangee Ltd?

The Face Value of Vakrangee Ltd is 1.00.