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About
Viram Suvarn Ltd (540252)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540252 NSE: Finance - Others | Small Cap | Viram Suvarn Share Price
₹8.58 -0.06 (-0.69%)
As on 14-Aug'26 16:59
Viram Suvarn Ltd (540252)
Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 540252 NSE: Finance - Others | Small Cap | Viram Suvarn Share Price
₹8.58 -0.06 (-0.69%)
As on 14-Aug'26 16:59
Key Metrics
Valuation Multiples
Market Cap
₹97 Cr.
Current Price
₹8.6
52-Week Low / High
₹7 / 13
TTM EPS
₹0.7
TTM Sales
₹23.7 Cr.
Book Value per Share
₹5.7
P/E Ratio
12.80
Lower than its 5-year historical median
Industry PE
69.4
Price to Book (P/B)
1.50
Lower than its 5-year historical median
Price to Sales (P/S)
4.11
In line with its 5-year historical median
EV/EBITDA
9.90
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
14.39%
Outperforms industry median
Return on Capital Employed (ROCE)
19.04%
Outperforms industry median
Return on Assets (ROA)
13.62%
Operating Profit Margin
17.1%
Net Profit Margin
12.87%
Gross Profit Margin
17.1%
Growth Momentum
1-yr vs 3-yr growth
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
36.99%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
44.41%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
38.62%
Asset Quality
Promoter Holding
65.01%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹42 Cr.
Equity
₹22.7 Cr.
Face Value
₹2
All Time Low / High
₹2.02 / 37.15
Check Before You Invest
M-Cap below 100cr DeciZen not available
Is Viram Suvarn Ltd a good quality company?
Viram Suvarn Ltd is a quality company, based on a multi-year financial track record.
This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.
We have analysed the performance of the company on the following:
-
How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
-
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
-
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.
How does Viram Suvarn Ltd performance compare with that of its Peers?
Revenue growth of Viram Suvarn Ltd vs industry peers?
Viram Suvarn Ltd revenue CAGR is 5.82%, compared to the industry median CAGR of 23.54%, indicating slower growth and losing its market share.
Promoter shareholding and pledge status of Viram Suvarn Ltd?
Promoters hold 65.01% of the Viram Suvarn Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Stock return of Viram Suvarn Ltd over the last decade?
Over the last 5 year(s), the stock has delivered a CAGR of -5.95% 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.
Viram Suvarn Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Value Creation ⓘ
| Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ROCE % ⓘ | 6.3% | 6.4% | 10.2% | 4.1% | 12.7% | 28.3% | 27.4% | 12.2% | 15.8% | 19% | - |
| Value Creation Index ⓘ | -0.6 | -0.5 | -0.3 | -0.7 | -0.1 | 1.0 | 1.0 | -0.1 | 0.1 | 0.4 | - |
Growth Parameters ⓘ |
|||||||||||
| Sales ⓘ | 1.4 | 7.4 | 27.8 | 15.5 | 20 | 20.5 | 18.7 | 18.7 | 19.3 | 26.5 | 24 |
| Sales YoY Gr. | - | 441.6% | 274.5% | -44.2% | 28.7% | 2.8% | -8.7% | -0.3% | 3.5% | 37% | - |
| Adj EPS ⓘ | 0 | 0 | 0.1 | 0 | 0.1 | 0.4 | 0.5 | 0.2 | 0.3 | 0.4 | 0.7 |
| YoY Gr. | - | 300% | 125% | -55.6% | 250% | 171.4% | 34.2% | -54.9% | 39.1% | 37.5% | - |
| BVPS (₹) ⓘ | 0.6 | 1.2 | 1.3 | 1.3 | 1.5 | 1.9 | 2.4 | 2.5 | 2.9 | 3.3 | 5.7 |
| Adj Net Profit ⓘ | 0.1 | 0.3 | 0.7 | 0.3 | 1.1 | 2.9 | 4 | 1.8 | 2.5 | 3.4 | 8 |
| Cash Flow from Ops. ⓘ | -3 | -4.9 | 4.6 | 2.9 | 1 | -9.7 | 3.9 | -0.1 | -0.1 | 5.2 | - |
| Debt/CF from Ops. ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
CAGR ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | 39% | 5.8% | 12.2% | 37% | ||||
| Adj EPS ⓘ | 52.3% | 25.7% | -4.8% | 37.5% | ||||
| BVPSⓘ | 21.7% | 17.2% | 11.3% | 14.7% | ||||
| Share Price | - | -5.2% | 0.9% | 5.8% | ||||
Key Financial Parameters ⓘ
| Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 5.2 | 4.8 | 7.6 | 3 | 10 | 22.6 | 24.3 | 9.4 | 11.8 | 14.4 | 14.9 |
| Op. Profit Mgn % ⓘ | 0.8 | 3.8 | 2.9 | 1.8 | 2 | 10.2 | 14.6 | 11.8 | 16.2 | 17.1 | 26.3 |
| Net Profit Mgn % ⓘ | 6 | 4 | 2.6 | 2 | 5.5 | 14.3 | 21.3 | 9.6 | 12.7 | 12.9 | 32.1 |
| Debt to Equity ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | - |
| Working Cap Days ⓘ | 389 | 280 | 100 | 166 | 157 | 181 | 178 | 165 | 197 | 175 | 305 |
| Cash Conv. Cycle ⓘ | 380 | 242 | 67 | 54 | 7 | 41 | 139 | 158 | 165 | 126 | 286 |
Valuation of Viram Suvarn - Standalone
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'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Income + | 1.47 | 7.54 | 28.06 | 15.74 | 21.02 | 22.23 | 20.51 | 18.85 | 19.52 | 26.48 |
| Exceptional Items ⓘ | 0.10 | 0.12 | 0.27 | 0.23 | 1.07 | 1.71 | 1.77 | 0.17 | 0.19 | 0 |
| Expenditure ⓘ + | 1.37 | 7.15 | 27.08 | 15.33 | 19.63 | 18.61 | 16.03 | 16.53 | 16.23 | 21.98 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0.10 | 0.40 | 0.98 | 0.42 | 1.39 | 3.62 | 4.49 | 2.32 | 3.30 | 4.51 |
| Taxes ⓘ | 0.02 | 0.10 | 0.25 | 0.11 | 0.30 | 0.69 | 0.50 | 0.53 | 0.83 | 1.10 |
| Profit After Tax | 0.08 | 0.30 | 0.73 | 0.31 | 1.09 | 2.93 | 3.99 | 1.79 | 2.46 | 3.41 |
| Adjusted EPS (₹) | 0.0 | 0.0 | 0.1 | 0.0 | 0.1 | 0.4 | 0.5 | 0.2 | 0.3 | 0.4 |
| Dividend Payout Ratio (%) | 0% | 36.50% | 29.50% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Equity Capital + | 3.10 | 9.26 | 9.99 | 10.40 | 11.50 | 14.37 | 18.38 | 19.60 | 22.06 | 25.31 |
| Short term borrowings | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Long Term Borrowings | 0 | 0.79 | -0 | 0.74 | -0 | -0.01 | -0.01 | -0.01 | -0.03 | 0.02 |
| Current Liabilities | 0.02 | 0.51 | 2.95 | 6.13 | 9.44 | 0.72 | 0.10 | 0.75 | 0.93 | 1.78 |
| Trade Payables | 0 | 0.41 | 2.67 | 5.94 | 9.13 | 0 | 0.08 | 0.01 | 0.02 | 0.02 |
| Other Liabilities | 0 | -0.41 | -2.67 | -5.94 | -9.13 | -0 | -0.08 | -0.01 | -0.02 | -0.02 |
| Total Liabilities ⓘ | 3.12 | 10.57 | 12.94 | 17.26 | 20.93 | 15.08 | 18.46 | 20.34 | 22.97 | 27.10 |
Assets | ||||||||||
| Non Current Asset + | 0.03 | 0.02 | 0.02 | 0.02 | 5.32 | 2.27 | 10.39 | 10.99 | 10.97 | 11.21 |
| Current Asset + | 3.09 | 10.55 | 12.91 | 17.24 | 15.60 | 12.81 | 8.08 | 9.35 | 12 | 15.89 |
| Total Assets ⓘ | 3.12 | 10.57 | 12.94 | 17.26 | 20.93 | 15.08 | 18.46 | 20.34 | 22.97 | 27.10 |
| PARTICULARS | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -2.96 | -4.88 | 4.56 | 2.88 | 0.96 | -9.68 | 3.92 | -0.08 | -0.12 | 5.21 |
| Cash Flow From Investing Activity ⓘ | 0.01 | -0.07 | -2.20 | -1.18 | -3.72 | 9.19 | -5.63 | -0.49 | 0.19 | -5.09 |
| Cash Flow From Financing Activity ⓘ | 2.99 | 6.66 | -0.80 | 0.73 | -0.74 | -0.09 | -0 | 0.69 | -0 | -0.17 |
| Net Cash Flow ⓘ | 0.03 | 1.71 | 1.56 | 2.43 | -3.50 | -0.58 | -1.71 | 0.12 | 0.07 | -0.04 |
| PARTICULARS | Mar'16 | Mar'17 | Mar'18 | Mar'19 | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | Mar'25 |
|---|---|---|---|---|---|---|---|---|---|---|
Operational & Financial Ratios | ||||||||||
| EPS (₹) | 2.40 | 0.70 | 1.70 | 0.70 | 2.50 | 2.90 | 4 | 0.20 | 0.30 | 0.50 |
| DPS (₹) | 0 | 0.30 | 0.50 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| BVPS (₹) | 90.2 | 21.5 | 23.2 | 24.1 | 26.7 | 14.3 | 18.2 | 2.6 | 2.9 | 3.4 |
Performance Ratios | ||||||||||
| ROA (%) | 5.0 | 4.3 | 6.2 | 2.0 | 5.7 | 16.3 | 23.8 | 9.2 | 11.4 | 13.6 |
| ROE (%) | 5.3 | 4.8 | 7.6 | 3.0 | 10.0 | 22.6 | 24.3 | 9.4 | 11.8 | 14.4 |
| ROCE (%) | 6.3 | 6.4 | 10.2 | 4.1 | 12.7 | 28.3 | 27.4 | 12.2 | 15.8 | 19.0 |
Valuation Parameters | ||||||||||
| Price/Book(x) | 0.0 | 2.1 | 1.9 | 2.0 | 0.0 | 3.2 | 4.4 | 2.9 | 2.8 | 2.8 |
Top 5 Mutual Funds Holding
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Announcements
Viram Suvarn Ltd FAQs
The current trading price of Viram Suvarn on 14-Aug-2026 16:59 is ₹8.58.
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 13-Aug-2026 the market cap of Viram Suvarn stood at ₹97.35 Cr
The latest P/E ratio of Viram Suvarn as of 13-Aug-2026 is 12.80.
The latest P/B ratio of Viram Suvarn as of 13-Aug-2026 is 1.50.
The 52-week high of Viram Suvarn is ₹12.99 and the 52-week low is ₹6.82.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Viram Suvarn is ₹23.66 ( Cr.) .
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Viram Suvarn Ltd is a below average quality company.
The key valuation ratios of Viram Suvarn Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Viram Suvarn Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
About Viram Suvarn Ltd
The company was originally incorporated as ‘Veeram T.V Network Private Limited’ under the provisions of the Companies Act, 1956 vide certificate of Incorporation dated April 15, 2011. The company was renamed as Veeram Spiritual Energies Private Limited and fresh certificate of incorporation consequent upon change of name was issued by the RoC on February 26, 2014. Subsequently the name of the company was changed from VeeramSpritual Energies Private limited to Veeram Ornaments Private Limited and fresh certificate of incorporation consequent upon change of name was issued by the RoC on June 10, 2016. The company was converted into a public limited company pursuant to a special resolution passed by its shareholders at the EGM held on June 24, 2016 and the name of the company was changed to Veeram Ornaments Ltd.
With regional diversity of tastes and preferences, it has diverse portfolio of Ornaments and Jewellery to suit the taste and preferences of one & all. The company’s gold & silver traditional jewellery & ornaments are either made with kundan, gem stones, American diamonds etc or just plain gold or silver. The company sources its raw materials from Rajkot & local markets in Ahmedabad. Raw Silver and Raw gold is generally purchased from the bullion market which is then designed and molded into gold and silver traditional & modern jewellery. Other raw material like kundan, gems stones, American diamonds etc is purchased from its suppliers.
Most of the company’s jewelries are designed in a traditional manner as the demand for traditional jewellery is very high in the local markets of Ahmedabad and nearby localities. The design & pattern for the company’s jewellery & ornaments is provided by it to the job workers who manufacture its products accordingly. The company sells only quality certified jewellery & ornaments to its clients.
Business area of the company
The company is integrated Wholesaler, Trader & Retailer of branded Jewellery & Ornaments. It is also into trading business of silver and distributor of readymade gold & silver Jewellery & Ornaments. Its portfolio of products includes gold and silver jewellery with or without studded precious and semi-precious stones. Its Jewelries and ornaments are designed keeping in mind the demand for the Traditional, Modern & Indo-Western jewellery & ornaments in India.
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