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VLS Finance Ltd (VLSFINANCE)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 511333 NSE: VLSFINANCE Finance - Investment | Small Cap | VLS Finance Share Price
₹197.50 4.00 (2.07%)
As on 27-Oct'26 16:59
VLS Finance Ltd (VLSFINANCE)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 511333 NSE: VLSFINANCE Finance - Investment | Small Cap | VLS Finance Share Price
₹197.50 4.00 (2.07%)
As on 27-Oct'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹607 Cr.
Current Price
₹197.5
52-Week Low / High
₹193 / 340
TTM EPS
₹14.9
Book Value per Share
₹704
P/E Ratio
13.03
Higher than its 5-year historical median
Industry PE
49.8
Price to Book (P/B)
0.27
Lower than its 5-year historical median
EV/EBITDA
10.45
Higher than its 5-year historical median
Dividend Yield
0.76%
Profitability Efficiency
Return on Equity (ROE)
0.95%
Outperforms industry median
Return on Capital Employed (ROCE)
0.96%
Underperforms industry median
Return on Assets (ROA)
0.88%
Outperforms industry median
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Net Interest Income Growth (1 Year)
Slowing versus 3-year growth rate
-75.93%
Book Value Growth (1 Year)
Slowing versus 3-year growth rate
-1.22%
Asset Quality
Gross NPA(%)
0.00%
Net NPA(%)
0.00%
TTM Sales
₹64 Cr.
Reserves
₹2,178 Cr.
Equity
₹31.4 Cr.
Face Value
₹10
All Time Low / High
₹2.20 / 451.95
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Quality
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Valuation
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Price Trend
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Is VLS Finance Ltd a good quality company?
VLS Finance Ltd is a weak quality company, based on a inconsistent multi-year financial track record.
This assessment is based on the bank’s performance on Total Income growth, Pre-Provision Operating Profit, RoA, RoE, CAR, and Asset Quality, along with how these metrics compare with its long-term averages.
We have analysed the performance of the company on the following:
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How has it performed on generating Profits?
By checking its Total Income growth, NPM, PPOP, RoA and RoE compared to its last 5-year median.
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How efficiently has it grown and managed operations?
By checking its Total Asset growth.
-
How strong is its Capital position and Asset Quality?
By checking its Capital Adequacy Ratio (CAR), GNPA and NNPA.
How does VLS Finance Ltd performance compare with that of its Peers?
AUM Growth of VLS Finance Ltd vs Industry Peers?
VLS Finance Ltd AUM CAGR is -6.45%, compared to the 5-year industry median CAGR of 9.48%, indicating slower growth and losing its market share.
Promoter shareholding and pledge status of VLS Finance Ltd?
Promoters hold 56.38% of the VLS Finance Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of VLS Finance Ltd over the last decade?
Over the last 9 years, the stock has delivered a CAGR of 10.2% based on the current price.
10 Year X-Ray : Login to view analysis.
Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year endData adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
What is a Financial Track Record? How to read this chart in order to understand the data present here?
Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
VLS Finance Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
| Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating Income (₹ Cr.) | 1,913 | 2,692 | 2,093 | 2,974 | 3,354 | 215 | 286 | 75.7 | 400 | 96.4 | 58 | |
| YoY Gr. Rt. % | - | 40.7% | -22.3% | 42.1% | 12.8% | -93.6% | 33.1% | -73.5% | 428.2% | -75.9% | - | |
| Adj EPS (₹ ) | 1.8 | 9.7 | 3.8 | -0.4 | 8.4 | 55.8 | 65.8 | 14.9 | 92 | 13.3 | 13.6 | |
| YoY Gr. Rt. % | - | 433% | -60.4% | -110.9% | NA | 564.5% | 17.9% | -77.4% | 518.1% | -85.5% | - | |
| BVPS (₹ ) | 56.2 | 64.7 | 67.3 | 183.6 | 230.7 | 349.8 | 442.2 | 423.9 | 577.3 | 570.3 | 576.9 | |
| YoY Gr. Rt. % | - | 15.1% | 4.1% | 172.7% | 25.7% | 51.6% | 26.4% | -4.2% | 36.2% | -1.2% | - | |
| To view Net Profit/Total Funds (%) Colour Rating Guide click here ⓘ | ||||||||||||
| Net Profit/Total Funds (%) | 2.8 | 13.4 | 5.1 | -0.3 | 3.2 | 15.7 | 13.8 | 2.8 | 15.5 | 2 | 0 | |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Net Interest Income | -28.3% | -50.8% | -30.4% | -75.9% | ||||
| Adj EPS | 24.8% | 9.7% | -41.3% | -85.5% | ||||
| BVPS | 29.4% | 19.9% | 8.9% | -1.2% | ||||
| Share Price | 10.5% | 1% | 1.5% | -8.7% | ||||
Key Financial Ratios
| RATIOS \ YEARS | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Margins | ||||||||||||
| Net Profit Margin (%) | 0.4 | 1.4 | 0.7 | -0.1 | 1 | 100.6 | 89.1 | 69.3 | 80.1 | 47 | 73.6 | |
| Performance Ratios | To view Performance Ratios Colour Rating Guide click here ⓘ | |||||||||||
| Return on Equity (%) | 3.3 | 16.1 | 5.8 | -0.3 | 4.1 | 19.2 | 16.6 | 3.3 | 18.3 | 2.3 | 2.4 | |
Valuation of VLS Finance - Consolidated
Analyst's Notes
No data found!
Management X-Ray
Shareholding Pattern
Promoter's Holding & Share Pledging
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
* Pledged shares as % of Promoter's holding (%)
Financials
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income + | 2,701 | 2,168 | 2,992 | 3,376 | 222 | 232 | 84 | 419 | 110 | 48 |
| Exceptional Items ⓘ | 7 | 6 | 0 | 5 | 1 | 3 | 2 | 12 | 7 | 9 |
| Expenditure ⓘ + | 2,631 | 2,133 | 3,005 | 3,380 | 14 | 22 | 26 | 32 | 52 | 26 |
| Exceptional Items ⓘ | -12 | -6 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 58 | 30 | -13 | -5 | 208 | 210 | 58 | 386 | 58 | 22 |
| Taxes ⓘ | 13 | 4 | -9 | -44 | -14 | -0 | 2 | 62 | 12 | 0 |
| Profit After Tax | 44 | 25 | -4 | 39 | 221 | 210 | 56 | 324 | 46 | 22 |
| Adjusted EPS (₹) | 11.4 | 6.5 | -0.9 | 8.8 | 57.3 | 54.4 | 15.9 | 93.2 | 13.6 | 6.9 |
| Dividend Payout Ratio (%) | 8.80% | 15.40% | -112% | 17.10% | 2.60% | 2.80% | 9.40% | 2.70% | 11% | 21.60% |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Equity Capital + | 282 | 303 | 1,286 | 1,752 | 2,431 | 2,965 | 2,501 | 2,983 | 2,472 | 2,113 |
| Short term borrowings | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 0 | 1 | 0 |
| Long Term Borrowings | 48 | 18 | 360 | 437 | 639 | 750 | 591 | 561 | 227 | 62 |
| Current Liabilities | 7 | 10 | 12 | 5 | 3 | 10 | 9 | 9 | 12 | 30 |
| Trade Payables | 2 | 4 | 10 | 2 | 0 | 5 | 0 | 0 | 1 | 21 |
| Other Liabilities | -2 | -4 | -10 | -3 | -0 | -6 | -1 | -0 | -2 | -21 |
| Total Liabilities ⓘ | 338 | 330 | 1,659 | 2,197 | 3,077 | 3,725 | 3,100 | 3,552 | 2,711 | 2,205 |
Assets | ||||||||||
| Non Current Asset + | 314 | 302 | 1,615 | 2,140 | 2,851 | 3,523 | 2,904 | 3,316 | 2,355 | 2,076 |
| Current Asset + | 24 | 28 | 44 | 57 | 227 | 202 | 197 | 236 | 356 | 129 |
| Total Assets ⓘ | 338 | 330 | 1,659 | 2,197 | 3,077 | 3,725 | 3,100 | 3,552 | 2,711 | 2,205 |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -12 | -21 | -22 | -104 | 166 | 165 | 7 | 194 | 170 | -18 |
| Cash Flow From Investing Activity ⓘ | 35 | 17 | 30 | 113 | -72 | -185 | 27 | -197 | 161 | -129 |
| Cash Flow From Financing Activity ⓘ | -17 | -0 | -5 | -5 | -6 | -11 | -68 | -13 | -44 | -105 |
| Net Cash Flow ⓘ | 6 | -4 | 3 | 4 | 88 | -31 | -34 | -15 | 287 | -252 |
| PARTICULARS | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | Mar'26 |
|---|---|---|---|---|---|---|---|---|---|---|
Operational & Financial Ratios | ||||||||||
| EPS (₹) | 11.40 | 6.50 | -0.90 | 8.80 | 57.30 | 54.40 | 15.90 | 93.20 | 13.60 | 6.90 |
| DPS (₹) | 1 | 1 | 1 | 1.50 | 1.50 | 1.50 | 1.50 | 2.50 | 1.50 | 1.50 |
| BVPS (₹) | 72.9 | 78.3 | 332.5 | 453 | 628.8 | 767 | 709.8 | 857.1 | 726.8 | 673.5 |
Performance Ratios | ||||||||||
| ROA (%) | 14.2 | 7.5 | -0.4 | 2.0 | 8.4 | 6.2 | 1.6 | 9.8 | 1.5 | 0.9 |
| ROE (%) | 16.9 | 8.6 | -0.5 | 2.6 | 10.6 | 7.8 | 2.1 | 11.8 | 1.7 | 1.0 |
| ROCE (%) | 21.4 | 10.1 | -1.6 | -0.3 | 9.9 | 7.8 | 2.1 | 14.1 | 2.2 | 1.0 |
Valuation Parameters | ||||||||||
| Price/Book(x) | 0.9 | 0.9 | 0.2 | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 |
Top 5 Mutual Funds Holding
Last Visited Stocks
Announcements
Annual reports
No annual reports available.
Concalls
No concalls available.
VLS Finance Ltd FAQs
The current trading price of VLS Finance on 27-Oct-2026 16:59 is ₹197.5.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 26-Oct-2026 the market cap of VLS Finance stood at ₹607.2 Cr
The latest P/E ratio of VLS Finance as of 26-Oct-2026 is 14.21.
The latest P/B ratio of VLS Finance as of 26-Oct-2026 is 0.34.
The 52-week high of VLS Finance is ₹339.9 and the 52-week low is ₹193.3.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of VLS Finance is ₹58.05 ( Cr.) .
Past 10 year’s financial track record analysis by Moneyworks4me indicates that VLS Finance Ltd is a below average quality company.
The key valuation ratios of VLS Finance Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of VLS Finance Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
About VLS Finance Ltd
VLS Finance, incorporated in January 1986, is the flagship company of the VLS Group. The company is a leading NBFC (Non Banking Finance Company) in the country.
The VLS Group is a multi-faceted multi-divisional integrated financial services group with major presence in almost all areas of financial services such as asset management, strategic private equity investments, arbitrage and many more.
The shares of the company are listed on Bombay Stock Exchange, National Stock Exchange of India, Calcutta Stock Exchange Association and Madras Stock Exchange.
VLS Finance operates subsidiaries namely VLS Investments, VLS Securities and VLS Asset Management.
Services
- Investment Banking
- Structured Finance
- Corporate Consulting & Advisory Services
- Stock Broking
- Privatization & Infrastructure Finance
- Proprietary Investments & Equity Research
The company caters to customers namely Ansal Properties, Relaxo Footwear, TV 18, Nucleus Software, Apollo Hospitals, Transport Corporation of India, Kothari Products, Sunair Hotels, Dabur, Liberty, Gati, Mirza, Kedia, Ganesh Polytex, Selan Exploration, Flex Group, Lakhani Shoes and many more.
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