MoneyWorks4Me

Vakrangee Ltd (VAKRANGEE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 511431 NSE: VAKRANGEE BPO/ITeS | Small Cap | Vakrangee Share Price

₹5.11 -0.06 (-1.16%)

As on 30-Sep'26 16:59

Vakrangee Ltd (VAKRANGEE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 511431 NSE: VAKRANGEE BPO/ITeS | Small Cap | Vakrangee Share Price

₹5.11 -0.06 (-1.16%)

As on 30-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹560 Cr.
Current Price
₹5.1
52-Week Low / High
₹5 / 10
TTM EPS
₹0.1
TTM Sales
₹242 Cr.
Book Value per Share
₹2
P/E Ratio
52.38
Lower than its 5-year historical median
Industry PE
20.9
Price to Book (P/B)
2.61
Lower than its 5-year historical median
Price to Sales (P/S)
2.32
Lower than its 5-year historical median
EV/EBITDA
15.00
Lower than its 5-year historical median
Dividend Yield
0%
Profitability Efficiency
Return on Equity (ROE)
5.72%
Underperforms industry median
Return on Capital Employed (ROCE)
8.03%
Underperforms industry median
Return on Assets (ROA)
3.59%
Operating Profit Margin
10.9%
Net Profit Margin
4.36%
Gross Profit Margin
12.9%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
0.32%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
17.25%
Net Profit Growth (1 Year)
Slowing versus 3-year growth rate
79.35%
Asset Quality
Promoter Holding
40.05%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹106 Cr.
Equity
₹108.4 Cr.
Face Value
₹1
All Time Low / High
₹0.01 / 515.40

Vakrangee stock performance

Key Ratios
mw4me loader

Check Before You Invest

Valuation

Somewhat Undervalued

Price Trend

Weak
Q.1 Is Vakrangee Ltd a good quality company?
Vakrangee Ltd is a weak quality company, based on a inconsistent 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 Vakrangee Ltd performance compare with that of its Peers?
Q.1 Revenue growth of Vakrangee Ltd vs industry peers?
Vakrangee Ltd revenue CAGR is -4.11%, compared to the industry median CAGR of 3.12%, indicating slower growth and losing its market share.
Q.1 Promoter shareholding and pledge status of Vakrangee Ltd?
Promoters hold 40.05% of the Vakrangee Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of Vakrangee Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of -27% 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.
Vakrangee 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'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ42%42.2%1.6%3.1%2.6%-0.7%3.5%9.9%8.5%10.3%-
Value Creation
Index ⓘ
2.12.1-0.9-0.8-0.8-1.1-0.8-0.3-0.4-0.3-

Growth Parameters ⓘ

Sales ⓘ3,9496,3791,450623227107165184182183179
Sales YoY Gr.-61.5%-77.3%-57%-63.5%-52.8%53.2%11.6%-0.9%0.3%-
Adj EPS ⓘ4.96.30.20.60.5-0.1000.10.10.1
YoY Gr.-27.2%-97.4%250%-12.5%-116.3%NA200%166.7%37.5%-
BVPS (₹) ⓘ19.424.224.124.424.70.70.70.71.31.61.7
Adj Net
Profit ⓘ
52066317.459.551.8-8.80.83.58.212.313
Cash Flow from Ops. ⓘ680500-690-44.7-2920.1-68.731.9-8.937.9-
Debt/CF from Ops. ⓘ0.200000-0.80.400-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ-28.9%-4.3%3.6%0.3%
Adj EPS ⓘ-34.5%-25.8%122.4%37.5%
BVPSⓘ-24.1%-42%32.9%27.6%
Share Price -27.1% -33.9% -33.6% -37.1%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
28.328.60.72.32-0.713.75.97.27.3
Op. Profit
Mgn % ⓘ
23.315.1-2.52.56.54.110.714.213.616.216.3
Net Profit
Mgn % ⓘ
13.210.41.29.522.8-8.20.51.94.56.77.3
Debt to
Equity ⓘ
0.1000000.80.200-
Working Cap
Days ⓘ
159863451,1114,0564,5191041191046964
Cash Conv.
Cycle ⓘ
113612797411,8591,760-39-29-21-14-1

Valuation of Vakrangee - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *7.757.757.757.750.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales4,0006,5021,508685314194197213255255
Operating Expenses > ⓘ + 3,0635,5151,538661286178180186231227
Manufacturing Costs2410710131414635
Material Costs2,8955,0871,31443063125124840
Employee Cost 4469886031611163037
Other Costs > ⓘ 100349130162179146150152150146
Operating Profit > ⓘ 938987-3024281617262428
Operating Profit Margin (%) 23.4%15.2%-2.0%3.5%8.9%8.4%8.8%12.4%9.3%10.9%
Other Income > ⓘ + 135189777052247
Exceptional Items > ⓘ 00250-20100
Interest > ⓘ 501000002822
Depreciation > ⓘ 734915151516161718
Profit Before Tax > ⓘ 8281,024519283536915
Tax > ⓘ 29734326202052234
Profit After Tax 531680257163014611
PAT Margin (%) 13.3%10.5%1.7%10.4%20.0%0.0%0.5%2.1%2.4%4.4%
Adjusted EPS (₹)5.06.40.20.70.60.00.00.00.10.1
Dividend Payout Ratio (%)19.90%3.90%104.90%37.20%16.90%0%527.20%121.70%0%0%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 2,0472,5712,5642,6092,646126121120176212
Share Capital ⓘ 52.92105.88105.88105.94105.94105.95105.95105.95108.32108.32
Reserves ⓘ 1,9942,4652,4582,5032,54020151468104
Debt +14400002757800
Long Term Debt00000012800
Short Term Debt14400002745000
Minority Interest00000000910
Trade Payables303403469342818191817
Others Liabilities ⓘ 467011414019615310115310573
Total Liabilities ⓘ 2,2672,9812,7122,8182,876333298300308312

Fixed Assets

Net Fixed Assets ⓘ +2990143149156139127114110113
Gross Block58126188197220207211211235254
Accumulated Depreciation2936454865688397125142
CWIP ⓘ 03135568101713
Investments ⓘ 229431237452
Inventories499174854211816
Trade Receivables8241,3081,3201,3691,1204240442720
Cash Equivalents 6031,4741,144179215736498257
Others Assets ⓘ 30960851,1061,5678382755041
Total Assets ⓘ 2,2672,9812,7122,8182,876333298300308312
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 669530-708-51-3121-4231-1961
PBT ⓘ 8281,024519283536915
Adjustment ⓘ 128-6-57-72-63-2,5149112213
Changes in Working Capital ⓘ 7-104-681-56-462538-4620-5736
Tax Paid ⓘ -294-384-21-14-4-7-7-56-3
Cash Flow From Investing Activity ⓘ + 54-993568501-5-7-12-57
Capex 36-71-70-8-21-1-6-5-14-16
Net Investments 0-57260200-30-46
Others ⓘ 173079766921125
Cash Flow From Financing Activity ⓘ + -142-136-32-30-261725-928-1
Net Proceeds from Shares ⓘ 010200042470
Net Proceeds from Borrowing ⓘ -120000012000
Interest Paid ⓘ -50-10000000-2-0
Dividend Paid ⓘ -66-106-26-26-26-11-5-5-50
Others ⓘ -13-22-5-502718-46-12-1
Net Cash Flow ⓘ 581294-705-13-739-2215-32
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)29.2829.470.982.762.3900.813.614.185.72
ROCE (%)42.8243.181.983.493.120.332.497.635.978.03
Asset Turnover Ratio1.842.480.530.250.110.120.620.710.840.82
PAT to CFO Conversion(x)1.260.78-28.32-0.72-0.49N/A-427.75-3.175.55
Working Capital Days
Receivable Days76.4059.90317.907161,445.401,094.7076.1072.1050.7034
Inventory Days45.9014.502.603.207.408.605.802.5013.6024.70
Payable Days9.1013.3051.9043.70297.10912.101,815.10565.50142.20160.40

Top 5 Mutual Funds Holding

Last Visited Stocks

Announcements

Vakrangee Ltd FAQs

The current trading price of Vakrangee on 30-Sep-2026 16:59 is ₹5.11.

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-2026 the market cap of Vakrangee stood at ₹560.2 Cr

The latest P/E ratio of Vakrangee as of 29-Sep-2026 is 44.15.

The latest P/B ratio of Vakrangee as of 29-Sep-2026 is 3.13.

The 52-week high of Vakrangee is ₹9.63 and the 52-week low is ₹4.64.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vakrangee is ₹179 ( Cr.) .

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

The key valuation ratios of Vakrangee 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 Vakrangee Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

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.
You have 45 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now