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VXL Instruments Ltd (VXLINSTR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 517399 NSE: VXLINSTR IT - Hardware | Small Cap | VXL Instruments Share Price

₹3.48 0.00 (0.00%)

As on 04-Jun'26 16:59

VXL Instruments Ltd (VXLINSTR)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 517399 NSE: VXLINSTR IT - Hardware | Small Cap | VXL Instruments Share Price

₹3.48 0.00 (0.00%)

As on 04-Jun'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹5 Cr.
Current Price
₹3.5
52-Week Low / High
₹3 / 6
TTM EPS
₹-0.4
TTM Sales
₹0.1 Cr.
Book Value per Share
₹-4
P/E Ratio
0.00
Industry PE
65.9
Price to Book (P/B)
-0.87
Lower than its 5-year historical median
Price to Sales (P/S)
61.01
Higher than its 5-year historical median
EV/EBITDA
-21.53
Lower than its 5-year historical median
Dividend Yield
0.00%
Profitability Efficiency
Return on Equity (ROE)
-86.82%
Underperforms industry median
Return on Capital Employed (ROCE)
-50.19%
Underperforms industry median
Return on Assets (ROA)
-19.72%
Operating Profit Margin
-26.7%
Net Profit Margin
-33.46%
Gross Profit Margin
-28.5%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
-10.04%
Operating Profit Growth (1 Year)
-
-
Net Profit Growth (1 Year)
-
-
Asset Quality
Promoter Holding
4.72%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹-19 Cr.
Equity
₹13.3 Cr.
Face Value
₹10
All Time Low / High
₹1.09 / 424.00

VXL Instruments stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is VXL Instruments Ltd a good quality company?
VXL Instruments 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 VXL Instruments Ltd performance compare with that of its Peers?
Q.1 Revenue growth of VXL Instruments Ltd vs industry peers?
VXL Instruments Ltd revenue CAGR is -13.29%, compared to the industry median CAGR of 4.28%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of VXL Instruments Ltd?
Promoters hold 4.72% of the VXL Instruments Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of VXL Instruments Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -8.6% based on the current price.

10 Year X-Ray :

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 end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

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.
VXL Instruments 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'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % -2.4%-73.2%-54.2%-45.1%-9.4%-0.8%-8.2%-0.2%-21.6%-50.2%-
Value Creation
Index
-1.2-6.2NANA-1.7-1.1-1.6-1.0-2.6-4.6-

Growth Parameters

Sales 73.262.250.345.615.719.27.713.38.67.70
Sales YoY Gr.--15.1%-19.2%-9.3%-65.5%22.3%-60.1%73.7%-35.7%-10%-
Adj EPS -4.5-5.7-2.4-1.4-6-0.8-3.4-0.2-1.4-2-0.4
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 7.11.3-0.9-2.41.814.34.33.21.3-4
Adj Net
Profit
-6-7.6-3.3-1.9-8-1.1-4.5-0.2-1.8-2.6-0
Cash Flow from Ops. -0.71.60.60.6-18.63.8-5.4-0.10.3-0.6-
Debt/CF from Ops. -62.57.210.9-0.31.4-0.3-9.74.1-3.7-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales -22.1%-13.3%0.2%-10%
Adj EPS NANANANA
BVPS-17.4%-6.7%-33.6%-60.2%
Share Price -7.7% -5.5% -29.5% -28.7%

Key Financial Parameters

Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
-22.1-36.9-21.2-14.9-76.5-13.1-64.7-3.6-36.5-88.226.5
Op. Profit
Mgn %
-1.1-10.6-4.1-2.6-50.32.2-41.40.9-24.2-26.7NAN
Net Profit
Mgn %
-8.3-12.3-6.5-4.2-51.1-5.8-58.4-1.6-21.3-34.1-599.4
Debt to
Equity
0.42.3-3.5-1.92.53.80.20.20.31.3-
Working Cap
Days
1151401872856242506833835645680
Cash Conv.
Cycle
155-17-321481253631823232930

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Sales73.2362.2050.2745.6015.7319.247.6713.328.577.71
Operating Expenses + 74.0369.2952.3946.9023.6418.8110.8813.2010.659.77
Manufacturing Costs0.370.450.640.460.490.390.500.330.380.32
Material Costs62.5553.6243.5542.2416.0812.945.528.015.774.89
Employee Cost 5.9554.271.913.913.313.013.243.043.05
Other Costs 5.1610.233.932.293.162.171.861.621.461.51
Operating Profit -0.79-7.09-2.12-1.30-7.920.43-3.220.12-2.08-2.06
Operating Profit Margin (%) -1.1%-11.4%-4.2%-2.8%-50.3%2.2%-42.0%0.9%-24.2%-26.7%
Other Income + 0.570.480.120.280.280.360.120.260.600.09
Exceptional Items 0.160007.35-03.2000.500
Interest 0.250.800.950.700.690.900.470.180.150.23
Depreciation 0.300.330.320.290.250.840.670.390.380.39
Profit Before Tax -0.61-7.73-3.27-2-1.22-0.96-1.03-0.19-1.50-2.58
Tax 5.080001.5701.23-0.0900
Profit After Tax -5.69-7.73-3.27-2-2.79-0.96-2.27-0.10-1.50-2.58
PAT Margin (%) -7.8%-12.4%-6.5%-4.4%-17.7%-5.0%-29.6%-0.7%-17.5%-33.5%
Adjusted EPS (₹)-4.3-5.8-2.5-1.5-2.1-0.7-1.7-0.1-1.1-1.9
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%0%0%

Valuation of VXL Instruments - Standalone

YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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YTD 1Y 3Y 5Y 10Y Max
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Analyst's Notes

data not found
No data found!

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund + 24.5416.8113.9311.949.068.055.785.714.271.70
Share Capital 13.3413.3413.3413.3413.3413.3413.3413.3413.3413.34
Reserves 11.203.480.59-1.39-4.27-5.28-7.56-7.62-9.07-11.64
Debt +3.863.794.145.886.035.301.411.291.222.19
Long Term Debt3.863.794.145.886.035.301.391.291.222.18
Short Term Debt0000000.030.010.010.01
Minority Interest0000000000
Trade Payables12.4520.0827.9042.611.135.194.454.774.974.42
Others Liabilities 2.481.671.891.823.495.074.363.4234.39
Total Liabilities 43.3442.3547.8562.2519.7123.6216.0115.2013.4712.70

Fixed Assets

Net Fixed Assets +17.0817.0116.9416.767.378.130.770.670.290.79
Gross Block18.4318.6918.9119.028.4710.062.772.481.772.48
Accumulated Depreciation1.351.681.972.261.101.9321.811.481.69
CWIP 0002.54000000
Investments 0.52000000000
Inventories15.5316.5313.9911.526.133.491.290.970.950.35
Trade Receivables0.432.6812.1925.142.307.929.6311.359.939.50
Cash Equivalents 1.131.661.390.880.650.801.260.600.620.45
Others Assets 8.654.463.345.413.253.283.071.621.671.61
Total Assets 43.3442.3547.8562.2519.7123.6216.0115.2013.4712.70

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity + -0.661.560.580.55-18.563.78-5.38-0.130.30-0.59
PBT -0.61-7.73-3.27-2-1.22-0.96-1.03-0.19-1.45-2.57
Adjustment 0.386.171.280.66-6.701.55-2.170.32-0.500.52
Changes in Working Capital -0.423.112.931.88-10.653.19-0.94-0.352.251.46
Tax Paid -0.010-0.35000-1.230.0900
Cash Flow From Investing Activity + -0.35-0.16-0.20-2.3719.12-1.549.94-0.260.040.03
Capex -0.38-0.26-0.24-0.1019.04-1.619.90-0.29-00.01
Net Investments 0.01000000000
Others 0.030.100.04-2.260.080.070.040.030.040.01
Cash Flow From Financing Activity + 1.65-0.87-0.561.09-0.51-1.87-4.35-0.28-0.320.42
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 3.75-0.090.341.740.15-0.980-0.10-0.070.96
Interest Paid -0.22-0.78-0.91-0.65-0.66-0.88-0.46-0.18-0.12-0.16
Dividend Paid 0000000000
Others -1.8800000-3.890-0.13-0.38
Net Cash Flow 0.640.53-0.18-0.740.050.380.21-0.680.03-0.14

Financial Ratio

PARTICULARSMar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)-46.41-139.34-1377.6500-50.85-63.45-1.69-30.19-86.82
ROCE (%)-2.38-73.21-54.18-45.13-9.4-0.79-8.19-0.21-21.64-50.19
Asset Turnover Ratio1.781.471.150.830.380.890.390.850.60.59
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days1.70952.40148.40318.4096.90417.60287.40453.10459.80
Inventory Days7292.70107.60101.50204.9091.20113.603140.9030.80
Payable Days67.90110.70201.10304.60496.5089.20319.10210.20308.30350.70

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

VXL Instruments Ltd FAQs

The current trading price of VXL Instruments on 04-Jun-2026 16:59 is ₹3.48.

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 03-Jun-2026 the market cap of VXL Instruments stood at ₹4.64 Cr

The latest P/E ratio of VXL Instruments as of 03-Jun-2026 is 0.00.

The latest P/B ratio of VXL Instruments as of 03-Jun-2026 is -0.87.

The 52-week high of VXL Instruments is ₹5.95 and the 52-week low is ₹2.60.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of VXL Instruments is ₹0.08 ( Cr.) .

Past 10 year’s financial track record analysis by Moneyworks4me indicates that VXL Instruments Ltd is a below average quality company.

The key valuation ratios of VXL Instruments Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of VXL Instruments Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About VXL Instruments Ltd

VXL Instruments started as a partnership firm in 1976 and turned into a Public Limited Company on June 24, 1993 and the revised Certificate of Incorporation was obtained from the Registrar of Companies Karnataka on November 2, 1993.

VXL is one of the world’s premier providers of Thin Client devices. It provides an innovative range of high-specification, well-built systems at the lowest price point. Since 1976, this combination of quality and value in its thin client solutions has been helping companies around the globe build IT infrastructures that are flexible, secure, manageable and affordable.

A Citrix OEM partner since 1996, VXL has been manufacturing terminals and Thin Client products for nearly three decades. Its world-class Itona brand of products is available for a variety of operating systems (Go Linux, Windows CE and XP-Embedded) and computing environments (desktop, wireless, and notebooks). In addition, device management software (XLmanage) provides administrators the ability to manage devices remotely across the network. VXL’s products are backed by years of research, stringent quality standards and state-of-the-art infrastructure.

VXL is a global company with its corporate headquarters and main manufacturing facility in Bangalore, India’s ‘Silicon Valley’. They new European HQ and logistics centre in Manchester, UK  provide sales and technical support to the USA and EMEA (Europe, Middle East and Africa) markets. In addition they have sales and support offices in strategic markets for VXL such as Germany, France and USA, together with distribution partners in many other countries

Product range of the company includes:

VXL is a leading global vendor of thin client devices and terminals. Its world-class products are available for a variety of OS platforms such as Go Linux, Windows CE and Window XP-Embedded as well as computing environments like the desktop, wireless, Integrated and laptop.

  • Desktop The basic thin client available in 800 MHz and 1 GHz CPU speed options
  • Wireless Desktop thin client with integrated Wireless-LAN as standard and options for smart-card reader
  • Laptop All the convenience of thin client in a notebook. Ideal for healthcare/ education environments
  • Integrated Thin client integrated with a 17” LCD monitor to present a compact and aesthetically pleasing unit

Clientele:

  • Panalpina HongKong, Shanghai, India
  • Rubbermaid, Europe
  • Knorr Food, Europe
  • Stumpp Schuele Somappa, India
  • Core Parentals, India
  • SAP, Belgium, Europe
  • ANZ Grindlays Bank
  • Haga Bank, Jakarta
  • Sampath Bank, Colombo
  • HDFC, India
  • Mayor’s office, Paris
  • NIC, India and many more.

Achievements/ recognition:

  • An ISO 9001:2000 certified company
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