Generic selectors
Exact matches only
Search in title
Search in content
Post Type Selectors
post
Last Updated on: 27 February, 2024|Author: Getaka | Social: X Twitter Profile
Stock Ticker - BSE: | NSE:

Fundamental Analysis of Vertoz Advertising Ltd

About the Company - Vertoz Advertising Ltd

Vertoz Advertising Ltd. is a Public Limited Listed company incorporated on 13/02/2012 and has its registered office in the State of Maharashtra, India. Company’s Corporate Identification Number(CIN) is L74120MH2012PLC226823 and registration number is 226823. Currently Company is involved in the business activities of Advertising. Company’s Total Operating Revenue is Rs. 20.52 Cr. and Equity Capital is Rs. 11.97 Cr. for the Year ended 31/03/2022.
INDUSTRYADDRESSCONTACT
Entertainment & MediaNo.602, Avior, Nirmal Galaxy, Mumbai Maharashtra 400080compliance@vertoz.com
http://www.vertoz.com
Management
NamePosition Held
Mr. Harshad Uttamchand ShahChairman & Non-Exe.Director
Mr. Hirenkumar Rasiklal ShahWhole Time Director
Mr. Rasiklal Hathichand ShahNon Executive Director
Mr. Ashish Rasiklal ShahNon Executive Director
Mr. Rohit Keshavlal VaghadiaInd. Non-Executive Director
Mr. Nilam Samir DoshiInd. Non-Executive Director

Vertoz Advertising Ltd. Share Price Update

Share PriceValue
Today₹800.00
Previous Day₹812.50

Basic Stock Data of Vertoz Advertising Ltd

Market Cap 1,240 Cr.
Current Price 781
High / Low848/185
Stock P/E77.2
Book Value 80.2
Dividend Yield0.00 %
ROCE19.0 %
ROE14.9 %
Face Value 10.0

Data Source: screener.in

Competitors of Vertoz Advertising Ltd

Stock NameMarket CapCurrent PriceHigh / LowStock P/EBook ValueDividend YieldROCEROEFace Value
PVR Inox Ltd 13,758 Cr. 1,4021,880/1,336 7580.00 %3.28 %7.76 % 10.0
TV Today Network Ltd 1,510 Cr. 253274/17027.0 1381.19 %13.0 %9.54 % 5.00
3rd Rock Multimedia Ltd Cr./%56.8 %71.1 %
52 Weeks Entertainment Ltd 7.19 Cr. 2.062.26/1.1442.3 4.500.00 %0.56 %0.69 % 10.0
Pritish Nandy Communications Ltd 93.4 Cr. 64.672.0/29.2 50.50.00 %5.00 %5.28 % 10.0
Industry Average3,073.72 Cr344.3313.86190.200.24%15.73%18.87%7.00

Vertoz Advertising Ltd Quarterly Results

MonthDec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
Sales13.9926.039.2910.0612.2510.0011.0315.8821.5834.3233.9237.6655.23
Expenses10.2020.777.577.169.137.378.3312.3217.2427.8730.0031.0649.18
Operating Profit3.795.261.722.903.122.632.703.564.346.453.926.606.05
OPM %27.09%20.21%18.51%28.83%25.47%26.30%24.48%22.42%20.11%18.79%11.56%17.53%10.95%
Other Income0.050.080.380.530.080.030.030.580.37-0.031.080.240.10
Interest0.250.600.260.470.210.080.210.200.310.730.500.760.08
Depreciation0.921.240.450.680.740.760.660.650.660.640.620.831.31
Profit before tax2.673.501.392.282.251.821.863.293.745.053.885.254.76
Tax %11.24%11.43%15.83%41.67%21.33%0.00%24.19%29.18%14.44%18.81%8.51%2.29%5.25%
Net Profit2.363.111.171.341.761.831.412.333.204.103.545.134.51
EPS in Rs1.972.600.981.121.471.531.181.952.673.432.962.833.55

Vertoz Advertising Ltd Quarterly Chart

Vertoz Advertising Ltd Profit & Loss

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023TTM
Sales1220374641574283161
Expenses1115293634453165138
Operating Profit15811712111823
OPM %5%25%22%23%17%22%27%21%14%
Other Income001122111
Interest011011122
Depreciation011224333
Profit before tax04795981419
Tax %12%21%15%16%22%12%21%21%
Net Profit03674861117
EPS in Rs4.786.123.386.835.109.2212.77
Dividend Payout %0%0%0%1%3%0%0%0%

Vertoz Advertising Ltd Profit & Loss Yearly Chart

YoY Net Profit Growth
Year2017-20182018-20192019-20202020-20212021-20222022-2023
YoY Net Profit Growth (%)100.00%16.67%-42.86%100.00%-25.00%83.33%
Change in YoY Net Profit Growth (%)0.00%-83.33%-59.52%142.86%-125.00%108.33%

Vertoz Advertising Ltd Growth

Compounded Sales Growth
10 Years:%
5 Years:18%
3 Years:27%
TTM:175%
Compounded Profit Growth
10 Years:%
5 Years:14%
3 Years:40%
TTM:83%
Stock Price CAGR
10 Years:%
5 Years:53%
3 Years:46%
1 Year:312%
Return on Equity
10 Years:%
5 Years:14%
3 Years:13%
Last Year:15%

Vertoz Advertising Ltd Balance Sheet

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Sep 2023
Equity Capital00661212121214
Reserves14223038465470114
Borrowings043612141098
Other Liabilities4810101012103916
Total Liabilities5164152728486130152
Fixed Assets161095956555766
CWIP000000000
Investments000000000
Other Assets41132431327317385
Total Assets5164152728486130152

Vertoz Advertising Ltd Reserves and Borrowings Chart

Vertoz Advertising Ltd Cash Flow

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Cash from Operating Activity 25-5-849-32-15
Cash from Investing Activity -1-6-5-0-493-01
Cash from Financing Activity 0119-1-1-1-218
Net Cash Flow2010-9-1-003

Vertoz Advertising Ltd Financial Efficiency Indicators

MonthMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023
Debtor Days3712817610683149230166
Inventory Days0
Days Payable
Cash Conversion Cycle3712817610683149230166
Working Capital Days-77-491229-374157208
ROCE %95%36%25%13%16%12%19%

Vertoz Advertising Ltd Financial Efficiency Indicators Chart

No data available for the Shareholding

No data available for the Shareholding Pattern chart.

No data available for the No. of Shareholders chart.

This stock is not held by any mutual fund

Vertoz Advertising Ltd ROCE Trend

Vertoz Advertising Ltd EPS Trend

Vertoz Advertising Ltd Key Financial Ratios

MonthMar 23Mar 22Mar 21Mar 20Mar 19
FaceValue10.0010.0010.0010.0010.00
Basic EPS (Rs.)9.225.106.843.3812.26
Diluted EPS (Rs.)9.225.106.843.3812.26
Cash EPS (Rs.)11.417.629.925.1315.40
Book Value[Excl.RevalReserv]/Share (Rs.)85.5955.3948.2341.6060.68
Book Value[Incl.RevalReserv]/Share (Rs.)85.5955.3948.2341.6060.68
Revenue From Operations / Share (Rs.)69.1834.7647.6233.8677.25
PBDIT / Share (Rs.)15.049.8611.977.0218.46
PBIT / Share (Rs.)12.857.348.895.2715.32
PBT / Share (Rs.)11.636.477.804.3714.69
Net Profit / Share (Rs.)9.225.106.843.3812.26
NP After MI And SOA / Share (Rs.)9.225.106.843.3812.26
PBDIT Margin (%)21.7428.3725.1320.7323.89
PBIT Margin (%)18.5721.1018.6615.5619.83
PBT Margin (%)16.8118.6216.3812.8919.01
Net Profit Margin (%)13.3214.6614.359.9915.87
NP After MI And SOA Margin (%)13.3214.6614.359.9915.87
Return on Networth / Equity (%)10.779.2014.178.1320.20
Return on Capital Employeed (%)14.8512.8317.4912.0324.57
Return On Assets (%)8.477.079.765.6414.08
Long Term Debt / Equity (X)0.000.010.020.010.01
Total Debt / Equity (X)0.070.130.210.190.14
Asset Turnover Ratio (%)0.760.300.270.320.55
Current Ratio (X)2.701.731.160.662.90
Quick Ratio (X)2.701.731.160.662.90
Dividend Payout Ratio (NP) (%)0.000.000.871.440.00
Dividend Payout Ratio (CP) (%)0.000.000.600.940.00
Earning Retention Ratio (%)0.000.0099.1398.560.00
Cash Earning Retention Ratio (%)0.000.0099.4099.060.00
Interest Coverage Ratio (X)12.3111.4511.037.7629.32
Interest Coverage Ratio (Post Tax) (X)8.546.927.304.7420.47
Enterprise Value (Cr.)240.85111.29334.2676.18117.20
EV / Net Operating Revenue (X)2.912.675.861.882.54
EV / EBITDA (X)13.389.4323.339.0610.61
MarketCap / Net Operating Revenue (X)2.892.545.701.712.50
Retention Ratios (%)0.000.0099.1298.550.00
Price / BV (X)2.331.595.631.393.19
Price / Net Operating Revenue (X)2.892.545.701.712.50
EarningsYield0.040.050.020.050.06

Vertoz Advertising Ltd Profitability Ratios (%)

Vertoz Advertising Ltd Liquidity Ratios

Vertoz Advertising Ltd Liquidity Ratios (%)

Vertoz Advertising Ltd Interest Coverage Ratios (X)

Vertoz Advertising Ltd Valuation Ratios

Fair Value / Intrinsic Value of Vertoz Advertising Ltd

Fair Value: ₹940.98

The stock is undervalued by 20.48% compared to the current price ₹781

*Investments are subject to market risks

Strength and Weakness of Vertoz Advertising Ltd

StrengthWeakness
  1. The stock has a high average ROCE of 27.00%, which is a positive sign.
  2. The company has higher reserves (42.11 cr) compared to borrowings (7.33 cr), indicating strong financial stability.
  3. The company has shown consistent growth in sales (55.44 cr) and profit (8.33 cr) over the years.
  1. The stock is trading at a high valuation with an average P/B ratio of 9.93 and average Dividend Yield of 18.74%.
  2. The stock has a high average Working Capital Days of 84.38, which may not be favorable.
  3. The stock has a high average Cash Conversion Cycle of 134.38, which may not be favorable.

Should I Buy Vertoz Advertising Ltd Share Now?

  • Considering various financial indicators, investors might exercise caution regarding investment in Vertoz Advertising Ltd:
    1. Net Profit Margin: 13.32%
      • 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: 14.85% (Industry Average ROCE: 8.99%)
      • 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. Interest Coverage Ratio (Post Tax): 8.54
      • 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.
    4. Quick Ratio: 2.70
      • 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.
    5. ✗ Stock P/E: 79.1 (Industry average Stock P/E: 26.96)
      • 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.
    6. ✓ Total Debt / Equity: 0.07
      • 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 suggests exercising caution. It's advisable to conduct further research or consult with financial experts before considering any investment.

About the Author

Author Avatar
Getaka

Getaka, CFA, a financial analyst with 15 years of experience in the industry. Getaka holds an MBA degree and the Chartered Financial Analyst designation, demonstrating his profound understanding of financial analysis and investment management. Throughout his career, he has conducted numerous financial analyses and due diligence processes for companies in the industry, and has a strong track record of identifying key trends and opportunities. He leverages his expertise to deliver a thorough financial analysis of a company, encompassing its financial performance, key ratios, future prospects, and risks. Getaka is committed to providing accurate, reliable, and trustworthy information to help readers make informed decisions about their finances and investments.

Disclaimer: This article is for informational purposes only and should not be construed as financial advice. The author is not a SEBI registered financial advisor and does not have any vested interest in Vertoz Advertising Ltd. Investors are advised to conduct their own due diligence and consult with a financial professional before making any investment decisions. The information provided in this article is based on publicly available data and the author's analysis, but it may not be comprehensive or up-to-date. The author and getaka.co.in are not responsible for any errors or omissions in the content. This article is not intended to promote any particular investment strategy or recommendation, and readers should consult with their own financial advisors before making any investment decisions. Data Source: NSE