MoneyWorks4Me

CG-VAK Software & Exports Ltd (CGVAK)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531489 NSE: CGVAK IT - Software | Small Cap | CG-VAK Soft.&Exports Share Price

₹149.80 -2.15 (-1.41%)

As on 29-Sep'26 10:50

CG-VAK Software & Exports Ltd (CGVAK)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 531489 NSE: CGVAK IT - Software | Small Cap | CG-VAK Soft.&Exports Share Price

₹149.80 -2.15 (-1.41%)

As on 29-Sep'26 10:50

Key Metrics
Valuation Multiples
Market Cap
₹77 Cr.
Current Price
₹149.8
52-Week Low / High
₹141 / 295
TTM EPS
₹17.1
TTM Sales
₹73.9 Cr.
Book Value per Share
₹167
P/E Ratio
8.90
Lower than its 5-year historical median
Industry PE
20.2
Price to Book (P/B)
0.91
Lower than its 5-year historical median
Price to Sales (P/S)
1.04
Lower than its 5-year historical median
EV/EBITDA
4.33
Lower than its 5-year historical median
Dividend Yield
0.67%
Profitability Efficiency
Return on Equity (ROE)
12.34%
Outperforms industry median
Return on Capital Employed (ROCE)
17.87%
Outperforms industry median
Return on Assets (ROA)
11.02%
Operating Profit Margin
18%
Net Profit Margin
12.77%
Gross Profit Margin
19.3%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Improving versus 3-year growth rate
7.57%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
0.9%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
2.48%
Asset Quality
Promoter Holding
53.87%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹79 Cr.
Equity
₹5.1 Cr.
Face Value
₹10
All Time Low / High
₹1.70 / 715.00

CG-VAK Software & Exports stock performance

Key Ratios
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Check Before You Invest

M-Cap below 100cr DeciZen not available

Q.1 Is CG-VAK Software & Exports Ltd a good quality company?
CG-VAK Software & Exports 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 CG-VAK Software & Exports Ltd performance compare with that of its Peers?
Q.1 Revenue growth of CG-VAK Software & Exports Ltd vs industry peers?
CG-VAK Software & Exports Ltd revenue CAGR is 10.97%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of CG-VAK Software & Exports Ltd?
Promoters hold 53.87% of the CG-VAK Software & Exports Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of CG-VAK Software & Exports Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 17.2% 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.
CG-VAK Software & Exports Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % ⓘ8.5%17.9%41.8%37.6%48.4%44%42.9%26.6%23%20.7%-
Value Creation
Index ⓘ
-0.40.32.01.72.52.12.10.90.60.5-

Growth Parameters ⓘ

Sales ⓘ11.614.320.42329.838.354.9545458.158
Sales YoY Gr.-22.7%42.7%13.1%29.3%28.8%43.3%-1.6%-0%7.6%-
Adj EPS ⓘ0.827.26.913.41723.11716.917.116.4
YoY Gr.-162.7%267%-4.3%93.8%26.8%35.9%-26.4%-0.5%1%-
BVPS (₹) ⓘ17.919.425.6324561.983.9101117135.2138.9
Adj Net
Profit ⓘ
0.413.73.56.88.611.78.68.58.68
Cash Flow from Ops. ⓘ1.232.12.77.310.110.78.711.513-
Debt/CF from Ops. ⓘ000.50.100.30000-

CAGR ⓘ

9 Years 5 Years 3 Years 1 Years
Sales ⓘ19.6%14.3%1.9%7.6%
Adj EPS ⓘ41.5%5%-9.6%1%
BVPSⓘ25.2%24.6%17.2%15.6%
Share Price 17.1% 0.4% -31.3% -47.1%

Key Financial Parameters ⓘ

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity % ⓘ
4.310.632.12434.931.831.718.415.513.612
Op. Profit
Mgn % ⓘ
811.626.325.932.933.232.123.324.522.925.2
Net Profit
Mgn % ⓘ
3.3717.915.222.822.421.315.915.814.914.3
Debt to
Equity ⓘ
000.1000.10000-
Working Cap
Days ⓘ
8052437075666079837649
Cash Conv.
Cycle ⓘ
6435213642373651494532

Valuation of CG-VAK Soft.&Exports - Consolidated

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!

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 (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales32.2230.0436.2639.2644.2153.9276.9178.5877.0474.38
Operating Expenses > ⓘ + 30.7728.0631.1933.2134.3241.0459.0165.9963.7760.99
Manufacturing Costs5.953.740.300.330.200.230.270.340.380.38
Material Costs0000000000
Employee Cost 20.6020.7824.2326.5627.8934.0150.6456.5853.0548.93
Other Costs > ⓘ 4.223.546.676.326.236.818.119.0710.3411.67
Operating Profit > ⓘ 1.451.975.066.059.8912.8717.9012.5913.2713.39
Operating Profit Margin (%) 4.5%6.6%14.0%15.4%22.4%23.9%23.3%16.0%17.2%18.0%
Other Income > ⓘ + 0.120.380.450.660.700.890.462.071.471.74
Exceptional Items > ⓘ 0000000000
Interest > ⓘ 0.200.130.150.520.420.510.620.570.700.75
Depreciation > ⓘ 0.280.280.350.860.991.161.661.671.551.37
Profit Before Tax > ⓘ 1.091.945.015.339.1812.0916.0712.4112.4913
Tax > ⓘ 0.310.551.441.492.223.074.163.183.223.51
Profit After Tax 0.771.393.573.846.969.0311.919.239.279.50
PAT Margin (%) 2.4%4.6%9.8%9.8%15.8%16.7%15.5%11.8%12.0%12.8%
Adjusted EPS (₹)1.52.87.17.613.817.923.618.318.418.8
Dividend Payout Ratio (%)32.70%18.10%10.60%9.90%7.30%5.60%4.20%5.50%5.50%5.30%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 16.1817.1821.1325.4631.6440.9353.4362.4971.5682.41
Share Capital ⓘ 5.055.055.055.055.055.055.055.055.055.05
Reserves ⓘ 11.1312.1316.0820.4126.5935.8848.3857.4466.5177.36
Debt +0010.2002.620000
Long Term Debt000001.660000
Short Term Debt0010.2000.960000
Minority Interest0000000000
Trade Payables0.870.680.520.620.520.280.240.360.670.82
Others Liabilities ⓘ 1.102.541.985.775.367.978.288.197.649.32
Total Liabilities ⓘ 18.1420.4024.6432.0637.5351.8061.9471.0479.8692.54

Fixed Assets

Net Fixed Assets ⓘ +1.891.8736.876.3326.9526.9126.0733.7432.71
Gross Block2.172.383.858.398.7030.4231.9432.6541.8141.99
Accumulated Depreciation0.280.510.851.522.363.465.036.598.079.28
CWIP ⓘ 00000.080.160000
Investments ⓘ 00.501.301.055.311.535.8912.9820.9038.07
Inventories0000000000
Trade Receivables7.224.916.187.177.297.5210.6512.179.7110.58
Cash Equivalents 7.2911.0711.0713.1714.7311.4813.6715.4610.056.86
Others Assets ⓘ 1.742.063.083.793.784.164.824.365.454.33
Total Assets ⓘ 18.1420.4024.6432.0637.5351.8061.9471.0479.8692.54
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity ⓘ + 1.534.871.444.827.3710.9211.849.3113.0314.87
PBT ⓘ 1.091.945.015.339.1812.0916.0712.4112.4913
Adjustment ⓘ 0.500.260.851.870.531.762.990.621.912.33
Changes in Working Capital ⓘ 0.592.94-3.01-1-0.16-0.2-2.64-0.561.794
Tax Paid ⓘ -0.65-0.27-1.41-1.38-2.18-2.74-4.58-3.17-3.16-4.46
Cash Flow From Investing Activity ⓘ + 0.15-3.21-2.27-6.02-1.95-12.93-11.66-0.87-16.82-12.77
Capex -0.26-0.33-1.50-1.39-0.53-19.99-1.46-0.86-9.24-0.34
Net Investments 0.36-0.50-0.800.25-4.383.93-4.49-6.08-8.36-16.88
Others ⓘ 0.05-2.380.02-4.882.963.13-5.726.070.784.45
Cash Flow From Financing Activity ⓘ + -0.37-0.330.69-1.86-1.331.44-4.02-1.33-1.60-1.66
Net Proceeds from Shares ⓘ 0000000000
Net Proceeds from Borrowing ⓘ 0000000000
Interest Paid ⓘ -0.01-0.01-0.01-0.35-0.27-0.39-0.50-0.48-0.60-0.62
Dividend Paid ⓘ -0.30-0.30-0.30-0.46-0.38-0.51-0.51-0.51-0.51-0.51
Others ⓘ -0.05-0.021-1.05-0.682.34-3.02-0.34-0.49-0.53
Net Cash Flow ⓘ 1.311.33-0.15-3.064.09-0.57-3.847.12-5.400.44
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)4.858.3518.6316.4724.3824.8725.2415.9213.8312.34
ROCE (%)8.0512.4226.2624.4833.5133.5134.4222.419.6717.87
Asset Turnover Ratio1.681.561.611.391.271.211.351.181.020.86
PAT to CFO Conversion(x)1.993.50.41.261.061.210.991.011.411.57
Working Capital Days
Receivable Days97.5073.7055.8062.1059.7050.1043.105351.8049.80
Inventory Days0000000000
Payable Days0000000000

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CG-VAK Software & Exports Ltd FAQs

The current trading price of CG-VAK Soft.&Exports on 29-Sep-2026 10:50 is ₹149.8.

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 28-Sep-2026 the market cap of CG-VAK Soft.&Exports stood at ₹76.74 Cr

The latest P/E ratio of CG-VAK Soft.&Exports as of 28-Sep-2026 is 9.26.

The latest P/B ratio of CG-VAK Soft.&Exports as of 28-Sep-2026 is 1.09.

The 52-week high of CG-VAK Soft.&Exports is ₹295.0 and the 52-week low is ₹140.5.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of CG-VAK Soft.&Exports is ₹57.88 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that CG-VAK Software & Exports Ltd is a good quality company.

The key valuation ratios of CG-VAK Software & Exports 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 CG-VAK Software & Exports Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About CG-VAK Software & Exports Ltd

CG-VAK Software & Exports Ltd. is a global software service provider headquartered in Coimbatore. Incepted in 1995, with operations in USA, Canada and Middle East the company specializes in outsourced product development, helping software companies in developing and maintaining software products. It delivers cutting edge solutions with latest to legacy technologies.

CG-VAK is a $4 million organization having carved a niche for itself as a global software service provider. Specializing in consulting services and offshore software development, the company has successfully implemented many full life cycle projects in a short span of just 14 years.

CG-VAK, is a public limited software house, employing over 220 professionals across the globe. They provide high quality & cost effective solutions that help to leverage Information Technology, to improve competitive advantage through improved services to their clients.

CG-VAK is a technology centric organization continuously endeavors to update skills on the latest technologies. This has helped companies to build products which are future proof.

The vision is to become a leading global software service provider by delivering superior solutions to enhance the competitive advantage of the client.

The company works with both product companies as well as other software companies that provide custom software solutions for their end clients. CG-VAK has expertise on working with clients' requirements ranging from web-based to the client-server platform. It has developed tools and components for its product partners, as well as custom software solutions for the manufacturing, financial, accounting, banking, health-care, e-commerce, hospitality, government agencies, automobile, chemical, food & beverage, sales, and service industries among others.

The product management and software development processes of the company are aligned with ISO-9001-2000 requirements.

CG-VAK has proven experience in developing products right from legacy applications to the latest cutting edge web based products.

Products and services offered by the company:

CG-VAK offers its OPD services to its global clients, which includes Independent Software Vendors (ISVs) and Product Development Companies, by working as a virtual extension of their software product design and product development centers. CG-VAK offers the wide spectrum of offshore product development services.It provides products developments as:

  • Product Life Cycle
  • Product Maintenace
  • Product Migration
  • Product Testing
  • Tech writing / Documentation
  • Custom Software Services
  • Testing Services
  • Professional services
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