Vakrangee Ltd Stock Analysis

BSE: 511431 | NSE: VAKRANGEE | BPO/ITeS | Small Cap

BSE Share Price 29-Sep-2023 18:02
17.46 0.30 (1.75%)

DeciZen - Make an Informed Decision on Vakrangee

Overall Rating

1. Quality

2. Valuation

Fair

3. Price Trend

Semi Strong

Vakrangee Price Chart

P/E Ratio (SA):
291.74
Market Cap:
1,849.9 Cr.
52-wk low:
14.6
52-wk high:
40
Bole Toh?

1. Is Vakrangee Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Vakrangee Ltd is a average quality company.

2. Is Vakrangee Ltd undervalued or overvalued?

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

3. Is Vakrangee Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Vakrangee Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Vakrangee:

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.
Vakrangee Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 21.6%25.5%24%26.8%27.9%0.7%2.3%2%-0.7%1.7%-
Value Creation Index 0.50.90.81.01.1-1.0-0.8-0.9-1.1-0.9-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,9652,7753,1693,9496,3791,450623227107165561
YoY Gr. Rt. %-41.2%14.2%24.6%61.5%-77.3%-57%-63.5%-52.8%53.2%-
Adj EPS 23.23.74.96.30.20.60.5-0.100.1
YoY Gr. Rt. %-62.1%16.1%34.1%27.2%-97.4%250%-12.5%-116.3%NA-
BVPS (₹) 6.99.615.219.423.523.424.424.70.70.70.7
Adj Net Profit 19731938852066317.459.551.8-8.80.86
Cash Flow from Ops. 233-7.2272680500-690-44.7-2920.1-68.7-
Debt/CF from Ops. 2.1-55.81.20.200000-0.8-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -24.1%-51.9%-35.9%53.2%
Adj EPS -44.3%-72.4%-73.9%NA
BVPS-22.6%-50.6%-69.5%-6.8%
Share Price -7% -8.3% -15.6% -49.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on Equity % 29.831.327.328.328.60.72.32-0.718.6
Op. Profit Mgn % 28.225.925.623.315.1-2.52.56.54.110.74.7
Net Profit Mgn % 1011.512.313.210.41.29.522.8-8.20.51.1
Debt to Equity 0.70.40.20.1000000.8-
Working Cap Days 196193203159863451,1114,0564,5191040
Cash Conv. Cycle 99111131113612797411,8591,760-390

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 8.60%

Sales growth is good in last 4 quarters at 32.04%

Sales growth has been subdued in last 3 years -35.86%

Net Profit has been subdued in last 3 years -73.86%

Latest Financials - Vakrangee Ltd.

Standalone Consolidated
TTM EPS (₹) 0.1 0.1
TTM Sales (₹ Cr.) 561 591
BVPS (₹.) 0.7 1.2
Reserves (₹ Cr.) -32 16
P/BV 24.97 15.20
PE 291.74 291.46
From the Market
52 Week Low / High (₹) 14.61 / 40.00
All Time Low / High (₹) 0.01 / 515.40
Market Cap (₹ Cr.) 1,850
Equity (₹ Cr.) 106
Face Value (₹) 1
Industry PE 58.4

Management X-Ray of Vakrangee :

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 (%)

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Vakrangee

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Vakrangee Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vakrangee on 29-Sep-2023 18:02 is : 17.46.
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 29-Sep-2023 18:02 the market cap of Vakrangee stood at ₹ 1,849.9.
The latest PE ratio of Vakrangee as of 29-Sep-2023 18:02 is 291.7.
The latest PB ratio of Vakrangee as of 29-Sep-2023 18:02 is 24.97
The 52-week high of Vakrangee is ₹ 40.00 and the 52-week low is ₹ 14.61.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Vakrangee is ₹ 560.5 ( Cr.) .

About Vakrangee Ltd

Vakrangee software was incorporated in 1990 with a mission to excel in every given task, vision to deliver value added services and become visible in the global business world. The company scaled formidable heights and became a force to reckon with in E-Governance sector in a very short span of time.

The company is one of the few leading E-Governance service provider in India equipped with cutting edge infrastructure, highly experienced professionals, investment and technological breakthrough on a continual basis in order to maintain time bound completion of critical projects. 

It has proven track record in handling manuscripts of around 75 thousand polling booths of Maharashtra Voters Database of the village Panchayats in the biggest state of India -- Uttar Pradesh – which falls after 11 countries of the world in population count.

The company’s line of business includes Document Management Services (DMS), Prinitng Management Services (PMS) and IT and IT enabled Services (ITeS). Their main areas of focus are government, BFSI, utility, aviation and hospitals.

Products offered:

a) Human Capital Management (HCM) - (In Advance Stage of Development)

A complete ERP package for HRD department comprising of Payroll, Establishment, Rulebook, System Administration, Employee Online, Vigilance, Income Tax, GPF accounting and reports . It is an online; window based; exceedingly user-friendly system built on reliable and advanced client-server architecture using Relational Data Base Management System concept.

b) E-Edministrator - (In Advance Stage of Development)

The prestigious and much awaited School Management Information System, in the developing stage, which will automate all the business process of schools. This software is deemed to be a boon for the education industry as it is a complete and comprehensive ERP package for school management. This software is supported by multilingual technology.

c) Voters Identity Card Software - (Supported by Bi- lingual Technology)

In 1994, Election Commission of India had announced the massive and prestigious project of Voter's Identity Card. Since the cards were to be printed in English as well as in one regional language, Vakrangee Softwares developed the Bi-lingual technology. The company made this indigenous technology available with the Voter's Identity Card software developed for Identity Card project.

d) Matdata Suchi : Electoral Roll Management System

Vakrangee Software also developed a unique software for Computerisation of Electoral Roll for Election Commission of India. This unique software, supported by bi-lingual technology, provides various specifications for voters in all Indian regional Languages. This software is an amalgamation of Client Server and Relational Data Base Management System.

e) Voter's Data Entry Package with Online Transliteration Technology :

This software is a logical and technical outcome of the Election Commission of India's guidelines on computerization of Voter list. This software is a conglomeration of ISCII (Indian Standard Code for Information Interchange) technology and Relational Data Base Management System concepts. It is capable of handling and manipulating huge voluminous data quickly and effortlessly.

f) Cyber Saver:

This unique internet application software is based on a unique internet time saving and information gathering technique. One can remain on the net even on disconnecting the internet connection.

Subsidiaries:

The company formed a wholly owned subsidiary – E-Doc – to provide consultancy services in document output management and business process services, generating revenues through its intellectual capital and to act as a supplier-neutral service provider.

In March 2009, the board of directors of the company considered, transacted and approved the incorporation of a 100% wholly owned subsidiary company at Philippines, Manila.

Milestones Achieved:

  • Vakrangee has been identified as one of the best mid-sized Companies in India by BusinessWorld. (July 26, 2007 issue),
  • Figured in ET-500 best companies of the year- 2006-07 conducted by the Economics Time, the second largest Business Daily in the world,
  • Word’s fastest and Asia’s first Variable Data Printing Machine from Kodak,
  • Exclusive Kodak Service Partner,
  • Debt free and rent free company,
  • Zero Customer Attrition.
  • 2010 - Vakrangee Softwares started a Proof of Concept in KON for UID
    2012 - Vakrangee Softwares achieves CMMI Level 3 certification

Vakrangee has also been credited with the below for its relentless efforts to ensure high quality and fruitful services:

  • ISO 9001:2000
  • ISO 27001:2005
  • Rated in the list of first 250 Technology fast Asia Pacific Companies of 2003 & 2004 by Deloitte Touche Tohmatsu.
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login | Register Now