Voler Car Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: VOLERCAR | Business Support | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Voler Car

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Voler Car stock performance -

mw4me loader
P/E Ratio (SA):
23.86
Market Cap:
99.4 Cr.
52-wk low:
0
52-wk high:
0

Is Voler Car Ltd an attractive stock to invest in?

1. Is Voler Car Ltd a good quality company?

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

2. Is Voler Car Ltd undervalued or overvalued?

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

3. Is Voler Car Ltd a good buy now?

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

10 Year X-Ray of Voler Car:

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.
Voler Car 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'22Mar'23Mar'24TTM
ROCE % 80.2%118.6%161.6%-
Value Creation
Index
4.77.510.5-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 23.72430.931
Sales YoY Gr.-1%29%-
Adj EPS 1.22.75.13.7
YoY Gr.-117.1%92.1%-
BVPS (₹) -4.1-1.54.112.6
Adj Net
Profit
0.923.94
Cash Flow from Ops. 3.722.9-
Debt/CF from Ops. 1.51.90.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA29%
Adj EPS NANANA92.1%
BVPSNANANANA
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'22Mar'23Mar'24TTM
Return on
Equity %
-29.8-95.939344.8
Op. Profit
Mgn %
7.43.915.9NAN
Net Profit
Mgn %
3.98.412.613.5
Debt to
Equity
-1.8-3.50.4-
Working Cap
Days
0111940
Cash Conv.
Cycle
0-66-420

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 44.80%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Voler Car Ltd.

Standalone Consolidated
TTM EPS (₹) 3.7 -
TTM Sales (₹ Cr.) 30.9 -
BVPS (₹.) 12.6 -
Reserves (₹ Cr.) 3 -
P/BV 7.07 -
PE 23.86 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 99.4
Equity (₹ Cr.) 11.1
Face Value (₹) 10
Industry PE 39.8

Management X-Ray of Voler Car:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

No data found!

Key Ratios of Voler Car

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24
Sales23.7323.9630.90
Operating Expenses 21.9823.0426
Manufacturing Costs17.3918.7621.65
Material Costs000
Employee Cost 3.122.972.90
Other Costs 1.471.301.45
Operating Profit 1.740.934.90
Operating Profit Margin (%) 7.3%3.9%15.9%
Other Income 1.102.670.55
Interest 0.660.280.10
Depreciation 0.890.550.24
Exceptional Items 000.41
Profit Before Tax 1.292.765.52
Tax 0.360.741.36
Profit After Tax 0.932.024.17
PAT Margin (%) 3.9%8.4%13.5%
Adjusted EPS (₹)1.22.75.5
Dividend Payout Ratio (%)0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund -3.11-1.103.07
Share Capital 0.150.150.15
Reserves -3.26-1.242.92
Minority Interest000
Debt5.553.800.20
Long Term Debt4.932.930
Short Term Debt0.620.870.20
Trade Payables6.115.924.82
Others Liabilities -0.55-0.081.11
Total Liabilities 88.549.20

Fixed Assets

Gross Block7.417.511.60
Accumulated Depreciation6.487.031.29
Net Fixed Assets0.930.470.31
CWIP 000
Investments 0.2000
Inventories000
Trade Receivables1.692.383.69
Cash Equivalents 0.240.121
Others Assets4.945.574.20
Total Assets 88.549.20

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'22Mar'23Mar'24
Cash Flow From Operating Activity 3.681.992.91
PBT 1.292.765.52
Adjustment 0.86-1.64-0.61
Changes in Working Capital 2.360.94-2.4
Tax Paid -0.82-0.070.40
Cash Flow From Investing Activity -0.17-0.080.09
Capex -0.03-0.09-0.09
Net Investments 000
Others -0.140.010.19
Cash Flow From Financing Activity -3.46-2.03-2.30
Net Proceeds from Shares 000
Net Proceeds from Borrowing -3.46-2.03-2.30
Interest Paid 000
Dividend Paid 000
Others 000
Net Cash Flow 0.05-0.120.70
PARTICULARSMar'22Mar'23Mar'24
Ratios
ROE (%)N/AN/A422.13
ROCE (%)N/AN/A161.59
Asset Turnover Ratio2.972.93.48
PAT to CFO Conversion(x)3.960.990.7
Working Capital Days
Receivable Days263136
Inventory Days000
Payable Days000

Voler Car Ltd Stock News

Voler Car Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Voler Car on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Voler Car stood at ₹99.40.
The latest P/E ratio of Voler Car as of 01-Jan-1970 05:30 is 23.86.
The latest P/B ratio of Voler Car as of 01-Jan-1970 05:30 is 7.07.
The 52-week high of Voler Car is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Voler Car is ₹30.90 ( Cr.) .

About Voler Car Ltd

Voler Car Limited was incorporated on June 24, 2010, under the name and style of ‘Jamuna Travels Private Limited, a private limited company under the Companies Act, 1956, pursuant to a Certificate of Incorporation issued by the Registrar of Companies, West Bengal. Pursuant to a resolution passed by the shareholders at their meeting held on April 07, 2015, the name of the Company was changed to ‘Voler Car Private Limited’ and a Fresh Certificate of Incorporation dated April 20, 2015, was issued by Registrar of Companies, Kolkata. Subsequently, the Company was converted into a public Limited company pursuant to a resolution passed by its Shareholders at an Extraordinary General Meeting held on May 18, 2024, and consequently the name of the company was changed to ‘Voler Car Limited’ and a Fresh certificate of incorporation dated August 02, 2024, was issued by the Registrar of Companies Central Registration Processing Centre.

Voler Car is primarily engaged in providing employee transportation services (ETS) to IT/ITeS, large corporates and MNCs clients with presence across various major cities in India. Its ETS solutions cover comprehensive home-to-office-to-home transportation, supported by 24/7 customer service, dedicated location teams, and a fleet of verified vehicles and chauffeur-drivers. The company operates largely on an asset-light model where the majority of its vehicles are sourced from vendors rather than owned. This strategy allows it to maximize revenue by optimizing seat usage and enhancing overall employee mobility. As on date, the company operates in Kolkata, Mumbai, Pune, Bhubaneshwar, Delhi-NCR, Ahmedabad, Lucknow, Jaipur and Ludhiana with a fleet that includes both vendor-sourced and company leased vehicles. Its service offers a complete solution for corporate transportation needs, adhering to service level agreements (SLAs) to guarantee timely pick-ups and drop-offs.

The company makes it a priority not to drop off women passengers last, and if such a situation arises, it ensures that an escort is provided for their safety. It has integrated GPS tracking system into its services. Its operation team handles reservations, operations, car tracking, incident response, and manage the client SLAs. The integration of its third-party technology with its GPS tracking system allows it to easily manage its client’s corporate travel requirements from a single integrated system.

Business area of the company

The company is engaged in the business of public carriers, transporters and passenger transportation services. The company is into business of road transport, to own, run, operate, manage buses, coaches, motor vehichles, tankers trailers, oil containers, wagons, lorries, cars, and all kinds of vehicles for providing facility to passengers of all categories, staff of different organisations.

History and milestones

  • 2010: The company was incorporated as a Private Company under the name and style of ‘Jamuna Travels Private Limited’.
  • 2010: Launched Employee Transportation and Car Rental Services in Kolkata, with Wipro as inaugural client.
  • 2013: Expanded Employee Transportation and Car Rental Services in Hyderabad and Bangalore.
  • 2014: Expanded its ETS and Car Rental Services to Chennai.
  • 2015: Name of the company was changed to ‘Voler Car Private Limited’.
  • 2015:  Introduced Self Drive Car Rental Services, with Delhi as the first city.
  • 2016: Started providing Self Drive Car Rental Service in Bangalore and Chandigarh.
  • 2016: Started providing ETS, Car Rental and Self-Drive Car Rental Services in Pune.
  • 2016: Started providing Employee Transportation Services in Bhubaneshwar.
  • 2017: Started providing ETS and Car Rental service in Ahmedabad.
  • 2018: Started providing Self Drive Car Rental Services in Mysore, Kolkata and Jaipur.
  • 2019: Started providing ETS and Car Rental services in Mumbai.
  • 2019: Company ceased its Self-Drive Car Rental Services in all the cities where it was operational.
  • 2019: Company ceased its ETS and Car Rental Service Operations in Chennai.
  • 2022: Company ceased its ETS and Car Rental Service Operations in Hyderabad and Bangalore.
  • 2024: Started providing ETS and Car Rental Services in Delhi NCR.
  • 2024: The Company got converted and its status changed to Public Limited Company.
  • 2025: Started providing ETS in Jaipur, Lucknow and Ludhiana.

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