Viram Suvarn（540252）株式概要Veeram Securities Limited は、インドでブランドジュエリーの卸売、小売、取引を行っています。 詳細540252 ファンダメンタル分析スノーフレーク・スコア評価1/6将来の成長0/6過去の実績4/6財務の健全性4/6配当金1/6報酬株価収益率（ 16.5 x） Indian市場（ 23.8 x）を下回っています。過去1年間で収益は122.3%増加しました リスク分析0.45%の配当は、利益やフリーキャッシュフローによって十分にカバーされていない 高いレベルの非現金収入 過去1年間で株主の希薄化は大幅に進んだ 意味のある時価総額がありません ( ₹1B )+1 さらなるリスクすべてのリスクチェックを見る540252 Community Fair Values Create NarrativeSee what others think this stock is worth. Follow their fair value or set your own to get alerts.Your Fair Value₹Current Price₹11.03580.9% 割高 内在価値ディスカウントGrowth estimate overAnnual revenue growth rate5 Yearstime period%/yrDecreaseIncreasePastFuture0285m2016201920222025202620282031Revenue ₹285.4mEarnings ₹87.9mAdvancedSet Fair ValueView all narrativesViram Suvarn Limited 競合他社Lorenzini ApparelsSymbol: BSE:540952Market cap: ₹1.4bPatdiam JewellerySymbol: BSE:539401Market cap: ₹1.1bMoksh OrnamentsSymbol: NSEI:MOKSHMarket cap: ₹1.0bN R Vandana Tex IndustriesSymbol: NSEI:NRVANDANAMarket cap: ₹1.6b価格と性能株価の高値、安値、推移の概要Viram Suvarn過去の株価現在の株価₹11.0352週高値₹12.9952週安値₹6.82ベータ-0.271ヶ月の変化-5.16%3ヶ月変化1.85%1年変化22.42%3年間の変化22.01%5年間の変化83.43%IPOからの変化320.82%最新ニュースNew Risk • May 29New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 0% The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. High level of non-cash earnings (84% accrual ratio). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Revenue is less than US$5m (₹250m revenue, or US$2.6m). Market cap is less than US$100m (₹1.27b market cap, or US$13.2m).Reported Earnings • May 29Full year 2026 earnings released: EPS: ₹0.67 (vs ₹0.45 in FY 2025)Full year 2026 results: EPS: ₹0.67 (up from ₹0.45 in FY 2025). Revenue: ₹250.2m (down 5.5% from FY 2025). Net income: ₹75.8m (up 122% from FY 2025). Profit margin: 30% (up from 13% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • May 20Viram Suvarn Limited to Report Q4, 2026 Results on May 27, 2026Viram Suvarn Limited announced that they will report Q4, 2026 results on May 27, 2026Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹9.95, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 8.8% over the past three years.Buy Or Sell Opportunity • Mar 12Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to ₹9.87. The fair value is estimated to be ₹7.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 44%.New Risk • Feb 25New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Dividend is not well covered by earnings (0% payout ratio). Revenue is less than US$5m (₹287m revenue, or US$3.2m). Market cap is less than US$100m (₹1.00b market cap, or US$11.0m).最新情報をもっと見るRecent updatesNew Risk • May 29New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 0% The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. High level of non-cash earnings (84% accrual ratio). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Revenue is less than US$5m (₹250m revenue, or US$2.6m). Market cap is less than US$100m (₹1.27b market cap, or US$13.2m).Reported Earnings • May 29Full year 2026 earnings released: EPS: ₹0.67 (vs ₹0.45 in FY 2025)Full year 2026 results: EPS: ₹0.67 (up from ₹0.45 in FY 2025). Revenue: ₹250.2m (down 5.5% from FY 2025). Net income: ₹75.8m (up 122% from FY 2025). Profit margin: 30% (up from 13% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.お知らせ • May 20Viram Suvarn Limited to Report Q4, 2026 Results on May 27, 2026Viram Suvarn Limited announced that they will report Q4, 2026 results on May 27, 2026Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹9.95, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 8.8% over the past three years.Buy Or Sell Opportunity • Mar 12Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to ₹9.87. The fair value is estimated to be ₹7.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 44%.New Risk • Feb 25New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Dividend is not well covered by earnings (0% payout ratio). Revenue is less than US$5m (₹287m revenue, or US$3.2m). Market cap is less than US$100m (₹1.00b market cap, or US$11.0m).Reported Earnings • Jan 18Third quarter 2026 earnings released: EPS: ₹0.42 (vs ₹0.09 in 3Q 2025)Third quarter 2026 results: EPS: ₹0.42 (up from ₹0.09 in 3Q 2025). Revenue: ₹77.7m (up 110% from 3Q 2025). Net income: ₹31.8m (up 343% from 3Q 2025). Profit margin: 41% (up from 19% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • Jan 12Viram Suvarn Limited to Report Q3, 2026 Results on Jan 17, 2026Viram Suvarn Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Jan 17, 2026Reported Earnings • Nov 05Second quarter 2026 earnings released: EPS: ₹0.21 (vs ₹0.09 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.21 (up from ₹0.09 in 2Q 2025). Revenue: ₹64.8m (up 24% from 2Q 2025). Net income: ₹16.0m (up 124% from 2Q 2025). Profit margin: 25% (up from 14% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.お知らせ • Oct 29Veeram Securities Limited to Report Q2, 2026 Results on Nov 03, 2025Veeram Securities Limited announced that they will report Q2, 2026 results on Nov 03, 2025お知らせ • Sep 09Veeram Securities Limited, Annual General Meeting, Sep 30, 2025Veeram Securities Limited, Annual General Meeting, Sep 30, 2025, at 16:00 Indian Standard Time.Reported Earnings • Aug 14First quarter 2026 earnings released: EPS: ₹0.19 (vs ₹0.13 in 1Q 2025)First quarter 2026 results: EPS: ₹0.19 (up from ₹0.13 in 1Q 2025). Revenue: ₹52.8m (down 35% from 1Q 2025). Net income: ₹14.1m (up 40% from 1Q 2025). Profit margin: 27% (up from 12% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.お知らせ • Aug 05Veeram Securities Limited to Report Q1, 2026 Results on Aug 13, 2025Veeram Securities Limited announced that they will report Q1, 2026 results on Aug 13, 2025Reported Earnings • May 28Full year 2025 earnings released: EPS: ₹2.25 (vs ₹0.33 in FY 2024)Full year 2025 results: EPS: ₹2.25 (up from ₹0.33 in FY 2024). Revenue: ₹264.8m (up 37% from FY 2024). Net income: ₹34.1m (up 39% from FY 2024). Profit margin: 13% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.お知らせ • May 21Veeram Securities Limited to Report Q4, 2025 Results on May 27, 2025Veeram Securities Limited announced that they will report Q4, 2025 results on May 27, 2025お知らせ • Apr 07Veeram Securities Limited has filed a Follow-on Equity Offering in the amount of INR 302.563408 million.Veeram Securities Limited has filed a Follow-on Equity Offering in the amount of INR 302.563408 million. Security Name: Equity Shares Security Type: Common Stock Securities Offered: 37,820,426 Price\Range: INR 8 Transaction Features: Regulation S; Rights OfferingValuation Update With 7 Day Price Move • Mar 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹9.85, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 23x in the Luxury industry in India. Total loss to shareholders of 29% over the past three years.お知らせ • Feb 15Veeram Securities Limited Declares Interim Dividend, Payable on or Before March 15, 2025Veeram Securities Limited declared interim Dividend of INR 0.05/- per equity share (2.5% of the Paid-Up Capital of the Company) for the financial year 2024-25. The Interim Dividend shall be paid on or before 15th March 2025 to all the eligible equity shareholders of the Company whose name appears on the Register of Members of the Company or in the records of Depositories as beneficial owners of the shares as on 21st February 2025, at the board meeting held on February 15, 2025.Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: ₹0.09 (vs ₹0.06 in 3Q 2024)Third quarter 2025 results: EPS: ₹0.09 (up from ₹0.06 in 3Q 2024). Revenue: ₹40.1m (down 29% from 3Q 2024). Net income: ₹7.18m (up 68% from 3Q 2024). Profit margin: 18% (up from 7.5% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.お知らせ • Feb 03Veeram Securities Limited to Report Q3, 2025 Results on Feb 07, 2025Veeram Securities Limited announced that they will report Q3, 2025 results on Feb 07, 2025Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹10.81, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 27x in the Luxury industry in India. Total loss to shareholders of 38% over the past three years.Reported Earnings • Oct 25Second quarter 2025 earnings released: EPS: ₹0.09 (vs ₹0.07 in 2Q 2024)Second quarter 2025 results: EPS: ₹0.09 (up from ₹0.07 in 2Q 2024). Revenue: ₹58.4m (up 48% from 2Q 2024). Net income: ₹7.13m (up 40% from 2Q 2024). Profit margin: 12% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 19% per year.お知らせ • Oct 18Veeram Securities Limited to Report Q2, 2025 Results on Oct 24, 2024Veeram Securities Limited announced that they will report Q2, 2025 results on Oct 24, 2024Valuation Update With 7 Day Price Move • Sep 25Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₹9.95, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 31x in the Luxury industry in India. Total loss to shareholders of 38% over the past three years.New Risk • Sep 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.8% average weekly change). Revenue is less than US$5m (₹230m revenue, or US$2.7m). Market cap is less than US$100m (₹1.05b market cap, or US$12.6m).Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹11.62, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 30x in the Luxury industry in India. Total loss to shareholders of 29% over the past three years.お知らせ • Sep 10Veeram Securities Limited, Annual General Meeting, Sep 30, 2024Veeram Securities Limited, Annual General Meeting, Sep 30, 2024, at 15:00 Indian Standard Time.Reported Earnings • Aug 15First quarter 2025 earnings released: EPS: ₹0.13 (vs ₹0.07 in 1Q 2024)First quarter 2025 results: EPS: ₹0.13 (up from ₹0.07 in 1Q 2024). Revenue: ₹86.1m (up 91% from 1Q 2024). Net income: ₹10.1m (up 85% from 1Q 2024). Profit margin: 12% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.お知らせ • Aug 07Veeram Securities Limited to Report Q1, 2025 Results on Aug 13, 2024Veeram Securities Limited announced that they will report Q1, 2025 results on Aug 13, 2024Reported Earnings • Jun 04Full year 2024 earnings released: EPS: ₹1.63 (vs ₹0.24 in FY 2023)Full year 2024 results: EPS: ₹1.63 (up from ₹0.24 in FY 2023). Revenue: ₹195.2m (up 4.5% from FY 2023). Net income: ₹24.6m (up 38% from FY 2023). Profit margin: 13% (up from 9.6% in FY 2023). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.お知らせ • May 24Veeram Securities Limited to Report Q4, 2024 Results on May 29, 2024Veeram Securities Limited announced that they will report Q4, 2024 results on May 29, 2024お知らせ • Mar 13Veeram Securities Limited Announces Executive ChangesVeeram Securities Limited announced that Ms. Surbhi Mathur has resigned from the post of Company Secretary and Compliance Officer of the Company with effect from March 13, 2024, and Ms. Jyoti Goel has been appointed as the Company Secretary and Compliance officer of the Company with effect from March 13, 2024. Jyoti Goel: Date of Birth: 24-02-1989, Qualification: Company Secretary, B. Com, Ms. Jyoti Goel holds a Professional Degree of Company Secretary. She is a fellow member of Institute of Company Secretaries of India and having deep insight in areas of Corporate Laws, Corporate Governance and SEBI related matters.Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: ₹0.06 (vs ₹0.07 in 3Q 2023)Third quarter 2024 results: EPS: ₹0.06. Revenue: ₹57.5m (up 24% from 3Q 2023). Net income: ₹4.28m (up 30% from 3Q 2023). Profit margin: 7.4% (up from 7.1% in 3Q 2023). The increase in margin was driven by higher revenue.お知らせ • Jan 31Veeram Securities Limited to Report Q3, 2024 Results on Feb 06, 2024Veeram Securities Limited announced that they will report Q3, 2024 results on Feb 06, 2024お知らせ • Dec 23Veeram Securities Limited Appoints Surbhi Mathur as Company Secretary and Compliance OfficerVeeram Securities Limited announced that Ms. Surbhi Mathur appointed as the Company Secretary and Compliance officer of the company with effect from December 23, 2023. Qualification Company Secretary. Ms. Surbhi Mathur holds a Professional Degree of Company Secretary. He is an Associate member of the Institute of Company Secretaries of India and having deep insight in the areas of Corporate Laws, Corporate Governance and SEBI related matters. Date of Birth 08-07-1992.New Risk • Nov 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹724.6m market cap, or US$8.70m). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (7.8% net profit margin). Revenue is less than US$5m (₹197m revenue, or US$2.4m).お知らせ • Oct 29Veeram Securities Limited to Report Q2, 2024 Results on Nov 04, 2023Veeram Securities Limited announced that they will report Q2, 2024 results on Nov 04, 2023Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₹11.25, the stock trades at a trailing P/E ratio of 55.4x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 88% over the past three years.お知らせ • Sep 07Veeram Securities Limited, Annual General Meeting, Sep 29, 2023Veeram Securities Limited, Annual General Meeting, Sep 29, 2023, at 13:00 Indian Standard Time. Location: Ground & First Floor, 7, Natvarshyam Co Op Ho S Ltd, Opp Orchid Park, Ramdevnagar Road, Sattelite Ahmedabad India Agenda: To Receive, Consider and Adopt Audited Financial Statements of the Company for the Financial Year ended on 31st March 2023 together with the Reports of the Directors and the Auditors; to Appoint a Director in place of Rakshit Mahendra Shah who retires by rotation in terms of Section 152(6) of the Companies Act, 2013, and being eligible, offers herself for Re-appointment; to appoint M/s. Bhagat & Co as the Statutory Auditors of the Company for the term of five years and to fix their remuneration; to consider Consider Increase In Authorized Share Capital of The Company; and to consider other matters.Reported Earnings • Jul 09First quarter 2024 earnings released: EPS: ₹0.07 (vs ₹0.11 in 1Q 2023)First quarter 2024 results: EPS: ₹0.07 (down from ₹0.11 in 1Q 2023). Revenue: ₹45.5m (up 23% from 1Q 2023). Net income: ₹5.47m (down 32% from 1Q 2023). Profit margin: 12% (down from 22% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.お知らせ • Jul 04Veeram Securities Limited to Report Q1, 2024 Results on Jul 08, 2023Veeram Securities Limited announced that they will report Q1, 2024 results on Jul 08, 2023Reported Earnings • May 31Full year 2023 earnings released: EPS: ₹0.24 (vs ₹0.53 in FY 2022)Full year 2023 results: EPS: ₹0.24 (down from ₹0.53 in FY 2022). Revenue: ₹188.5m (down 8.0% from FY 2022). Net income: ₹17.9m (down 55% from FY 2022). Profit margin: 9.5% (down from 20% in FY 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.お知らせ • May 25Veeram Securities Limited to Report Q4, 2023 Results on May 29, 2023Veeram Securities Limited announced that they will report Q4, 2023 results on May 29, 2023Valuation Update With 7 Day Price Move • May 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹10.51, the stock trades at a trailing P/E ratio of 36.4x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 134% over the past three years.Valuation Update With 7 Day Price Move • Mar 28Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹7.89, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 15x in the Luxury industry in India. Total loss to shareholders of 33% over the past year.お知らせ • Feb 15Veeram Securities Limited Appoints Manju Singh as Company Secretary and Compliance OfficerVeeram Securities Limited announced that Mrs. Manju Singh appointed as the Company Secretary and Compliance officer of the company with effect from February 14, 2023. Date of Birth is March 12, 1994. Qualification: Company Secretary, B.com. Experience/Expertise in specific functional areas: Mrs. Manju Singh holds a Professional Degree of Company Secretary. She is an Associate member of the Institute of Company Secretaries of India and having deep insight in the areas of Corporate Laws, Corporate Governance and SEBI related matters.Valuation Update With 7 Day Price Move • Feb 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹10.48, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 338% over the past three years.お知らせ • Jan 28Veeram Securities Limited to Report Q3, 2023 Results on Feb 03, 2023Veeram Securities Limited announced that they will report Q3, 2023 results on Feb 03, 2023お知らせ • Dec 23Veeram Securities Limited Announces Resignation of Cs Nimisha Sharma as Company Secretary and Compliance OfficerVeeram Securities Limited announced the resignation of CS Nimisha Sharma as company secretary and compliance officer of the company with effect from December 22, 2022.Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Additional Independent Director Umeshbhai Gor was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.Reported Earnings • Oct 23Second quarter 2023 earnings released: EPS: ₹0.033 (vs ₹0.16 in 2Q 2022)Second quarter 2023 results: EPS: ₹0.033 (down from ₹0.16 in 2Q 2022). Revenue: ₹78.8m (down 8.5% from 2Q 2022). Net income: ₹2.47m (down 80% from 2Q 2022). Profit margin: 3.1% (down from 14% in 2Q 2022). The decrease in margin was primarily driven by lower revenue.お知らせ • Oct 07Veeram Securities Limited to Report Q2, 2023 Results on Oct 15, 2022Veeram Securities Limited announced that they will report Q2, 2023 results on Oct 15, 2022Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₹24.80, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 545% over the past three years.Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹39.20, the stock trades at a trailing P/E ratio of 50.4x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 919% over the past three years.お知らせ • Aug 30Veeram Securities Limited, Annual General Meeting, Sep 30, 2022Veeram Securities Limited, Annual General Meeting, Sep 30, 2022.お知らせ • Aug 24Veeram Securities Limited Appoints Umesh Gor as Additional DirectorVeeram Securities Limited announced the appointment of Umesh Gor as Additional Director of the Company with effect from August 23, 2022. Mr. Umesh Gor in an entrepreneur and has more than 24 years of experience in business.Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₹39.95, the stock trades at a trailing P/E ratio of 51.4x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 125% over the past year.Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: ₹0.16 (vs ₹0.21 in 1Q 2022)First quarter 2023 results: EPS: ₹0.16 (down from ₹0.21 in 1Q 2022). Revenue: ₹37.0m (down 30% from 1Q 2022). Net income: ₹8.00m (down 23% from 1Q 2022). Profit margin: 22% (up from 20% in 1Q 2022). The increase in margin was driven by lower expenses.お知らせ • Jul 26+ 1 more updateVeeram Securities Limited Appoints Girdharlal Pamnani as an Additional Director of the Company with Effect from 25 July, 2022Veeram Securities Limited announced that Mr. Girdharlal Pamnani, is appointed as an additional director of the company with effect from 25 July, 2022. Mr. Girdharlal Pamnani is MA in Economics and has more than 25 years of Experience in the field of Banking and Finance. Qualification MA in Economics and BSC.Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 27% share price gain to ₹37.00, the stock trades at a trailing P/E ratio of 46.8x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 907% over the past three years.Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 27% share price gain to ₹30.55, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 731% over the past three years.Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to ₹24.70, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 572% over the past three years.Reported Earnings • Jun 04Full year 2022 earnings released: EPS: ₹3.95 (vs ₹0.58 in FY 2021)Full year 2022 results: EPS: ₹3.95 (up from ₹0.58 in FY 2021). Revenue: ₹205.2m (down 7.1% from FY 2021). Net income: ₹39.9m (up 36% from FY 2021). Profit margin: 19% (up from 13% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 84% per year, which means it is significantly lagging earnings growth.Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹21.95, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 497% over the past three years.お知らせ • May 25Veeram Securities Limited to Report Fiscal Year 2022 Results on May 30, 2022Veeram Securities Limited announced that they will report fiscal year 2022 results on May 30, 2022Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 27% share price gain to ₹17.00, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 363% over the past three years.Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Virendra Thaker was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Mar 30Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₹83.40, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 307% over the past three years.Valuation Update With 7 Day Price Move • Feb 21Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to ₹125, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 551% over the past three years.Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹125, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 550% over the past three years.Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹120, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 383% over the past three years.Reported Earnings • Oct 27First half 2022 earnings released: EPS ₹2.07 (vs ₹1.54 in 1H 2021)The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2022 results: Revenue: ₹105.5m (up 72% from 1H 2021). Net income: ₹20.8m (up 34% from 1H 2021). Profit margin: 20% (down from 25% in 1H 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 90% per year, which means it is tracking significantly ahead of earnings growth.Board Change • Sep 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Sanjay Vibhakar was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹111, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 146% over the past year.Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹52.05, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 171% over the past three years.Executive Departure • Feb 27Company Secretary & Compliance Officer has left the companyOn the 25th of February, Priti Jain's tenure as Company Secretary & Compliance Officer ended after 1.8 years in the role. We don't have any record of a personal shareholding under Priti's name. Priti is the only executive to leave the company over the last 12 months.お知らせ • Feb 26Veeram Securities Limited Announces Company Secretary and Compliance Officer ChangesVeeram Securities Limited announced that Mrs. Priti Jain resigned from the post of company secretary and compliance officer of the company with effect from 25th February, 2021 and Ms. Pooja Jadiya appointed as the Company Secretary and Compliance officer of the company with effect from 25th February, 2021.Is New 90 Day High Low • Feb 20New 90-day high: ₹46.50The company is up 3.0% from its price of ₹45.00 on 20 November 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 14% over the same period.お知らせ • Jan 02Veeram Securities Limited Appoints Manohar Chunara as Independent DirectorVeeram Securities Limited announced t Mr. Manohar Chunara, who was appointed as Additional Director on 30th May, 2020 is hereby appointed as an Independent Director of the Company.お知らせ • Jul 09Veeram Securities Limited announced that it expects to receive INR 44.58 million in fundingVeeram Securities Limited (BSE:540252) announced a private placement of 1,000,000 shares at a price of INR 44.58 per share for gross proceeds of INR 44,580,000. The price per share includes a premium of INR 34.58. The transaction has been approved by the board of directors and is subject to the approval of shareholders in the extra ordinary general meeting of the company.お知らせ • Jun 28Veeram Securities Limited to Report Second Half, 2020 Results on Jun 30, 2020Veeram Securities Limited announced that they will report second half, 2020 results on Jun 30, 2020株主還元540252IN LuxuryIN 市場7D6.0%6.0%2.8%1Y22.4%6.4%0.9%株主還元を見る業界別リターン: 540252過去 1 年間で6.4 % の収益を上げたIndian Luxury業界を上回りました。リターン対市場: 540252過去 1 年間で0.9 % の収益を上げたIndian市場を上回りました。価格変動Is 540252's price volatile compared to industry and market?540252 volatility540252 Average Weekly Movement5.8%Luxury Industry Average Movement7.1%Market Average Movement7.1%10% most volatile stocks in IN Market10.2%10% least volatile stocks in IN Market4.6%安定した株価: 540252 、 Indian市場と比較して、過去 3 か月間で大きな価格変動はありませんでした。時間の経過による変動: 540252の 週次ボラティリティ ( 6% ) は過去 1 年間安定しています。会社概要設立従業員CEO（最高経営責任者ウェブサイト20115Mahendrabhai Shahwww.viramsuvarnlimited.comVeeram Securities Limited は、インドでブランドジュエリーの卸売、小売、取引を行っています。指輪、ブレスレット、ネックレス、イヤーチェーン、イヤリング、ペンダント、チェーン、マガルタ、ズダ、トゥリング、アンクレット、バングルを提供している。同社は以前はVeeram Ornaments Limitedとして知られ、2019年3月にVeeram Securities Limitedに社名を変更した。同社は2011年に法人化され、インドのアーメダバードに拠点を置く。もっと見るViram Suvarn Limited 基礎のまとめViram Suvarn の収益と売上を時価総額と比較するとどうか。540252 基礎統計学時価総額₹1.25b収益（TTM）₹75.77m売上高(TTM)₹245.98m16.5xPER（株価収益率5.1xP/Sレシオ540252 は割高か？公正価値と評価分析を参照収益と収入最新の決算報告書（TTM）に基づく主な収益性統計540252 損益計算書（TTM）収益₹245.98m売上原価₹140.48m売上総利益₹105.50mその他の費用₹29.73m収益₹75.77m直近の収益報告Mar 31, 2026次回決算日該当なし一株当たり利益（EPS）0.67グロス・マージン42.89%純利益率30.80%有利子負債／自己資本比率0.005%540252 の長期的なパフォーマンスは？過去の実績と比較を見る配当金0.5%現在の配当利回り0%配当性向View Valuation企業分析と財務データの現状データ最終更新日（UTC時間）企業分析2026/06/21 10:26終値2026/06/19 00:00収益2026/03/31年間収益2026/03/31データソース企業分析に使用したデータはS&P Global Market Intelligence LLC のものです。本レポートを作成するための分析モデルでは、以下のデータを使用しています。データは正規化されているため、ソースが利用可能になるまでに時間がかかる場合があります。パッケージデータタイムフレーム米国ソース例会社財務10年損益計算書キャッシュ・フロー計算書貸借対照表SECフォーム10-KSECフォーム10-Qアナリストのコンセンサス予想+プラス3年予想財務アナリストの目標株価アナリストリサーチレポートBlue Matrix市場価格30年株価配当、分割、措置ICEマーケットデータSECフォームS-1所有権10年トップ株主インサイダー取引SECフォーム4SECフォーム13Dマネジメント10年リーダーシップ・チーム取締役会SECフォーム10-KSECフォームDEF 14A主な進展10年会社からのお知らせSECフォーム8-K* 米国証券を対象とした例であり、非米国証券については、同等の規制書式および情報源を使用。特に断りのない限り、すべての財務データは1年ごとの期間に基づいていますが、四半期ごとに更新されます。これは、TTM（Trailing Twelve Month）またはLTM（Last Twelve Month）データとして知られています。詳細はこちら。分析モデルとスノーフレークこのレポートを生成するために使用した分析モデルの詳細は、当社の Github ページ でご覧いただけます。また、レポートの使い方に関する ガイド や YouTube の チュートリアル もご用意しています。シンプリー・ウォールストリート分析モデルを設計・構築した世界トップクラスのチームについてご紹介します。業界およびセクターの指標私たちの業界とセクションの指標は、Simply Wall Stによって6時間ごとに計算されます。アナリスト筋Viram Suvarn Limited 0 これらのアナリストのうち、弊社レポートのインプットとして使用した売上高または利益の予想を提出したのは、 。アナリストの投稿は一日中更新されます。0
New Risk • May 29New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 0% The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. High level of non-cash earnings (84% accrual ratio). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Revenue is less than US$5m (₹250m revenue, or US$2.6m). Market cap is less than US$100m (₹1.27b market cap, or US$13.2m).
Reported Earnings • May 29Full year 2026 earnings released: EPS: ₹0.67 (vs ₹0.45 in FY 2025)Full year 2026 results: EPS: ₹0.67 (up from ₹0.45 in FY 2025). Revenue: ₹250.2m (down 5.5% from FY 2025). Net income: ₹75.8m (up 122% from FY 2025). Profit margin: 30% (up from 13% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • May 20Viram Suvarn Limited to Report Q4, 2026 Results on May 27, 2026Viram Suvarn Limited announced that they will report Q4, 2026 results on May 27, 2026
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹9.95, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 8.8% over the past three years.
Buy Or Sell Opportunity • Mar 12Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to ₹9.87. The fair value is estimated to be ₹7.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 44%.
New Risk • Feb 25New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Dividend is not well covered by earnings (0% payout ratio). Revenue is less than US$5m (₹287m revenue, or US$3.2m). Market cap is less than US$100m (₹1.00b market cap, or US$11.0m).
New Risk • May 29New major risk - Dividend sustainabilityThe dividend is not well covered by earnings and cash flows. Payout ratio: 0% The company is paying a dividend despite having no free cash flows. Dividend yield: 0.4% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 0% Paying a dividend despite having no free cash flows. High level of non-cash earnings (84% accrual ratio). Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Revenue is less than US$5m (₹250m revenue, or US$2.6m). Market cap is less than US$100m (₹1.27b market cap, or US$13.2m).
Reported Earnings • May 29Full year 2026 earnings released: EPS: ₹0.67 (vs ₹0.45 in FY 2025)Full year 2026 results: EPS: ₹0.67 (up from ₹0.45 in FY 2025). Revenue: ₹250.2m (down 5.5% from FY 2025). Net income: ₹75.8m (up 122% from FY 2025). Profit margin: 30% (up from 13% in FY 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 45% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth.
お知らせ • May 20Viram Suvarn Limited to Report Q4, 2026 Results on May 27, 2026Viram Suvarn Limited announced that they will report Q4, 2026 results on May 27, 2026
Valuation Update With 7 Day Price Move • Mar 13Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹9.95, the stock trades at a trailing P/E ratio of 15.8x. Average trailing P/E is 17x in the Luxury industry in India. Total returns to shareholders of 8.8% over the past three years.
Buy Or Sell Opportunity • Mar 12Now 24% overvalued after recent price riseOver the last 90 days, the stock has risen 18% to ₹9.87. The fair value is estimated to be ₹7.98, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 13% over the last 3 years. Earnings per share has grown by 44%.
New Risk • Feb 25New major risk - Shareholder dilutionThe company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 50% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risk Shareholders have been substantially diluted in the past year (50% increase in shares outstanding). Minor Risks Dividend is not well covered by earnings (0% payout ratio). Revenue is less than US$5m (₹287m revenue, or US$3.2m). Market cap is less than US$100m (₹1.00b market cap, or US$11.0m).
Reported Earnings • Jan 18Third quarter 2026 earnings released: EPS: ₹0.42 (vs ₹0.09 in 3Q 2025)Third quarter 2026 results: EPS: ₹0.42 (up from ₹0.09 in 3Q 2025). Revenue: ₹77.7m (up 110% from 3Q 2025). Net income: ₹31.8m (up 343% from 3Q 2025). Profit margin: 41% (up from 19% in 3Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • Jan 12Viram Suvarn Limited to Report Q3, 2026 Results on Jan 17, 2026Viram Suvarn Limited announced that they will report Q3, 2026 results at 12:15 PM, Indian Standard Time on Jan 17, 2026
Reported Earnings • Nov 05Second quarter 2026 earnings released: EPS: ₹0.21 (vs ₹0.09 in 2Q 2025)Second quarter 2026 results: EPS: ₹0.21 (up from ₹0.09 in 2Q 2025). Revenue: ₹64.8m (up 24% from 2Q 2025). Net income: ₹16.0m (up 124% from 2Q 2025). Profit margin: 25% (up from 14% in 2Q 2025). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 85% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings.
お知らせ • Oct 29Veeram Securities Limited to Report Q2, 2026 Results on Nov 03, 2025Veeram Securities Limited announced that they will report Q2, 2026 results on Nov 03, 2025
お知らせ • Sep 09Veeram Securities Limited, Annual General Meeting, Sep 30, 2025Veeram Securities Limited, Annual General Meeting, Sep 30, 2025, at 16:00 Indian Standard Time.
Reported Earnings • Aug 14First quarter 2026 earnings released: EPS: ₹0.19 (vs ₹0.13 in 1Q 2025)First quarter 2026 results: EPS: ₹0.19 (up from ₹0.13 in 1Q 2025). Revenue: ₹52.8m (down 35% from 1Q 2025). Net income: ₹14.1m (up 40% from 1Q 2025). Profit margin: 27% (up from 12% in 1Q 2025). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has fallen by 31% per year, which means it is significantly lagging earnings.
お知らせ • Aug 05Veeram Securities Limited to Report Q1, 2026 Results on Aug 13, 2025Veeram Securities Limited announced that they will report Q1, 2026 results on Aug 13, 2025
Reported Earnings • May 28Full year 2025 earnings released: EPS: ₹2.25 (vs ₹0.33 in FY 2024)Full year 2025 results: EPS: ₹2.25 (up from ₹0.33 in FY 2024). Revenue: ₹264.8m (up 37% from FY 2024). Net income: ₹34.1m (up 39% from FY 2024). Profit margin: 13% (in line with FY 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings.
お知らせ • May 21Veeram Securities Limited to Report Q4, 2025 Results on May 27, 2025Veeram Securities Limited announced that they will report Q4, 2025 results on May 27, 2025
お知らせ • Apr 07Veeram Securities Limited has filed a Follow-on Equity Offering in the amount of INR 302.563408 million.Veeram Securities Limited has filed a Follow-on Equity Offering in the amount of INR 302.563408 million. Security Name: Equity Shares Security Type: Common Stock Securities Offered: 37,820,426 Price\Range: INR 8 Transaction Features: Regulation S; Rights Offering
Valuation Update With 7 Day Price Move • Mar 10Investor sentiment improves as stock rises 15%After last week's 15% share price gain to ₹9.85, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 23x in the Luxury industry in India. Total loss to shareholders of 29% over the past three years.
お知らせ • Feb 15Veeram Securities Limited Declares Interim Dividend, Payable on or Before March 15, 2025Veeram Securities Limited declared interim Dividend of INR 0.05/- per equity share (2.5% of the Paid-Up Capital of the Company) for the financial year 2024-25. The Interim Dividend shall be paid on or before 15th March 2025 to all the eligible equity shareholders of the Company whose name appears on the Register of Members of the Company or in the records of Depositories as beneficial owners of the shares as on 21st February 2025, at the board meeting held on February 15, 2025.
Reported Earnings • Feb 08Third quarter 2025 earnings released: EPS: ₹0.09 (vs ₹0.06 in 3Q 2024)Third quarter 2025 results: EPS: ₹0.09 (up from ₹0.06 in 3Q 2024). Revenue: ₹40.1m (down 29% from 3Q 2024). Net income: ₹7.18m (up 68% from 3Q 2024). Profit margin: 18% (up from 7.5% in 3Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has fallen by 22% per year, which means it is performing significantly worse than earnings.
お知らせ • Feb 03Veeram Securities Limited to Report Q3, 2025 Results on Feb 07, 2025Veeram Securities Limited announced that they will report Q3, 2025 results on Feb 07, 2025
Valuation Update With 7 Day Price Move • Feb 02Investor sentiment improves as stock rises 20%After last week's 20% share price gain to ₹10.81, the stock trades at a trailing P/E ratio of 26.1x. Average trailing P/E is 27x in the Luxury industry in India. Total loss to shareholders of 38% over the past three years.
Reported Earnings • Oct 25Second quarter 2025 earnings released: EPS: ₹0.09 (vs ₹0.07 in 2Q 2024)Second quarter 2025 results: EPS: ₹0.09 (up from ₹0.07 in 2Q 2024). Revenue: ₹58.4m (up 48% from 2Q 2024). Net income: ₹7.13m (up 40% from 2Q 2024). Profit margin: 12% (in line with 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 17% per year whereas the company’s share price has fallen by 19% per year.
お知らせ • Oct 18Veeram Securities Limited to Report Q2, 2025 Results on Oct 24, 2024Veeram Securities Limited announced that they will report Q2, 2025 results on Oct 24, 2024
Valuation Update With 7 Day Price Move • Sep 25Investor sentiment deteriorates as stock falls 21%After last week's 21% share price decline to ₹9.95, the stock trades at a trailing P/E ratio of 25.7x. Average trailing P/E is 31x in the Luxury industry in India. Total loss to shareholders of 38% over the past three years.
New Risk • Sep 12New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.8% average weekly change). Revenue is less than US$5m (₹230m revenue, or US$2.7m). Market cap is less than US$100m (₹1.05b market cap, or US$12.6m).
Valuation Update With 7 Day Price Move • Sep 11Investor sentiment improves as stock rises 19%After last week's 19% share price gain to ₹11.62, the stock trades at a trailing P/E ratio of 30x. Average trailing P/E is 30x in the Luxury industry in India. Total loss to shareholders of 29% over the past three years.
お知らせ • Sep 10Veeram Securities Limited, Annual General Meeting, Sep 30, 2024Veeram Securities Limited, Annual General Meeting, Sep 30, 2024, at 15:00 Indian Standard Time.
Reported Earnings • Aug 15First quarter 2025 earnings released: EPS: ₹0.13 (vs ₹0.07 in 1Q 2024)First quarter 2025 results: EPS: ₹0.13 (up from ₹0.07 in 1Q 2024). Revenue: ₹86.1m (up 91% from 1Q 2024). Net income: ₹10.1m (up 85% from 1Q 2024). Profit margin: 12% (in line with 1Q 2024). Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.
お知らせ • Aug 07Veeram Securities Limited to Report Q1, 2025 Results on Aug 13, 2024Veeram Securities Limited announced that they will report Q1, 2025 results on Aug 13, 2024
Reported Earnings • Jun 04Full year 2024 earnings released: EPS: ₹1.63 (vs ₹0.24 in FY 2023)Full year 2024 results: EPS: ₹1.63 (up from ₹0.24 in FY 2023). Revenue: ₹195.2m (up 4.5% from FY 2023). Net income: ₹24.6m (up 38% from FY 2023). Profit margin: 13% (up from 9.6% in FY 2023). Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has only increased by 13% per year, which means it is significantly lagging earnings growth.
お知らせ • May 24Veeram Securities Limited to Report Q4, 2024 Results on May 29, 2024Veeram Securities Limited announced that they will report Q4, 2024 results on May 29, 2024
お知らせ • Mar 13Veeram Securities Limited Announces Executive ChangesVeeram Securities Limited announced that Ms. Surbhi Mathur has resigned from the post of Company Secretary and Compliance Officer of the Company with effect from March 13, 2024, and Ms. Jyoti Goel has been appointed as the Company Secretary and Compliance officer of the Company with effect from March 13, 2024. Jyoti Goel: Date of Birth: 24-02-1989, Qualification: Company Secretary, B. Com, Ms. Jyoti Goel holds a Professional Degree of Company Secretary. She is a fellow member of Institute of Company Secretaries of India and having deep insight in areas of Corporate Laws, Corporate Governance and SEBI related matters.
Reported Earnings • Feb 14Third quarter 2024 earnings released: EPS: ₹0.06 (vs ₹0.07 in 3Q 2023)Third quarter 2024 results: EPS: ₹0.06. Revenue: ₹57.5m (up 24% from 3Q 2023). Net income: ₹4.28m (up 30% from 3Q 2023). Profit margin: 7.4% (up from 7.1% in 3Q 2023). The increase in margin was driven by higher revenue.
お知らせ • Jan 31Veeram Securities Limited to Report Q3, 2024 Results on Feb 06, 2024Veeram Securities Limited announced that they will report Q3, 2024 results on Feb 06, 2024
お知らせ • Dec 23Veeram Securities Limited Appoints Surbhi Mathur as Company Secretary and Compliance OfficerVeeram Securities Limited announced that Ms. Surbhi Mathur appointed as the Company Secretary and Compliance officer of the company with effect from December 23, 2023. Qualification Company Secretary. Ms. Surbhi Mathur holds a Professional Degree of Company Secretary. He is an Associate member of the Institute of Company Secretaries of India and having deep insight in the areas of Corporate Laws, Corporate Governance and SEBI related matters. Date of Birth 08-07-1992.
New Risk • Nov 08New minor risk - Share price stabilityThe company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 7.8% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (₹724.6m market cap, or US$8.70m). Minor Risks Share price has been volatile over the past 3 months (7.8% average weekly change). Profit margins are more than 30% lower than last year (7.8% net profit margin). Revenue is less than US$5m (₹197m revenue, or US$2.4m).
お知らせ • Oct 29Veeram Securities Limited to Report Q2, 2024 Results on Nov 04, 2023Veeram Securities Limited announced that they will report Q2, 2024 results on Nov 04, 2023
Valuation Update With 7 Day Price Move • Oct 13Investor sentiment improves as stock rises 22%After last week's 22% share price gain to ₹11.25, the stock trades at a trailing P/E ratio of 55.4x. Average trailing P/E is 23x in the Luxury industry in India. Total returns to shareholders of 88% over the past three years.
お知らせ • Sep 07Veeram Securities Limited, Annual General Meeting, Sep 29, 2023Veeram Securities Limited, Annual General Meeting, Sep 29, 2023, at 13:00 Indian Standard Time. Location: Ground & First Floor, 7, Natvarshyam Co Op Ho S Ltd, Opp Orchid Park, Ramdevnagar Road, Sattelite Ahmedabad India Agenda: To Receive, Consider and Adopt Audited Financial Statements of the Company for the Financial Year ended on 31st March 2023 together with the Reports of the Directors and the Auditors; to Appoint a Director in place of Rakshit Mahendra Shah who retires by rotation in terms of Section 152(6) of the Companies Act, 2013, and being eligible, offers herself for Re-appointment; to appoint M/s. Bhagat & Co as the Statutory Auditors of the Company for the term of five years and to fix their remuneration; to consider Consider Increase In Authorized Share Capital of The Company; and to consider other matters.
Reported Earnings • Jul 09First quarter 2024 earnings released: EPS: ₹0.07 (vs ₹0.11 in 1Q 2023)First quarter 2024 results: EPS: ₹0.07 (down from ₹0.11 in 1Q 2023). Revenue: ₹45.5m (up 23% from 1Q 2023). Net income: ₹5.47m (down 32% from 1Q 2023). Profit margin: 12% (down from 22% in 1Q 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 2% per year but the company’s share price has increased by 14% per year, which means it is well ahead of earnings.
お知らせ • Jul 04Veeram Securities Limited to Report Q1, 2024 Results on Jul 08, 2023Veeram Securities Limited announced that they will report Q1, 2024 results on Jul 08, 2023
Reported Earnings • May 31Full year 2023 earnings released: EPS: ₹0.24 (vs ₹0.53 in FY 2022)Full year 2023 results: EPS: ₹0.24 (down from ₹0.53 in FY 2022). Revenue: ₹188.5m (down 8.0% from FY 2022). Net income: ₹17.9m (down 55% from FY 2022). Profit margin: 9.5% (down from 20% in FY 2022). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has increased by 31% per year, which means it is tracking significantly ahead of earnings growth.
お知らせ • May 25Veeram Securities Limited to Report Q4, 2023 Results on May 29, 2023Veeram Securities Limited announced that they will report Q4, 2023 results on May 29, 2023
Valuation Update With 7 Day Price Move • May 24Investor sentiment improves as stock rises 18%After last week's 18% share price gain to ₹10.51, the stock trades at a trailing P/E ratio of 36.4x. Average trailing P/E is 18x in the Luxury industry in India. Total returns to shareholders of 134% over the past three years.
Valuation Update With 7 Day Price Move • Mar 28Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹7.89, the stock trades at a trailing P/E ratio of 20.2x. Average trailing P/E is 15x in the Luxury industry in India. Total loss to shareholders of 33% over the past year.
お知らせ • Feb 15Veeram Securities Limited Appoints Manju Singh as Company Secretary and Compliance OfficerVeeram Securities Limited announced that Mrs. Manju Singh appointed as the Company Secretary and Compliance officer of the company with effect from February 14, 2023. Date of Birth is March 12, 1994. Qualification: Company Secretary, B.com. Experience/Expertise in specific functional areas: Mrs. Manju Singh holds a Professional Degree of Company Secretary. She is an Associate member of the Institute of Company Secretaries of India and having deep insight in the areas of Corporate Laws, Corporate Governance and SEBI related matters.
Valuation Update With 7 Day Price Move • Feb 08Investor sentiment deteriorates as stock falls 16%After last week's 16% share price decline to ₹10.48, the stock trades at a trailing P/E ratio of 26.9x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 338% over the past three years.
お知らせ • Jan 28Veeram Securities Limited to Report Q3, 2023 Results on Feb 03, 2023Veeram Securities Limited announced that they will report Q3, 2023 results on Feb 03, 2023
お知らせ • Dec 23Veeram Securities Limited Announces Resignation of Cs Nimisha Sharma as Company Secretary and Compliance OfficerVeeram Securities Limited announced the resignation of CS Nimisha Sharma as company secretary and compliance officer of the company with effect from December 22, 2022.
Board Change • Nov 16Less than half of directors are independentThere are 5 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 3 independent directors. 6 non-independent directors. Additional Independent Director Umeshbhai Gor was the last independent director to join the board, commencing their role in 2022. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity.
Reported Earnings • Oct 23Second quarter 2023 earnings released: EPS: ₹0.033 (vs ₹0.16 in 2Q 2022)Second quarter 2023 results: EPS: ₹0.033 (down from ₹0.16 in 2Q 2022). Revenue: ₹78.8m (down 8.5% from 2Q 2022). Net income: ₹2.47m (down 80% from 2Q 2022). Profit margin: 3.1% (down from 14% in 2Q 2022). The decrease in margin was primarily driven by lower revenue.
お知らせ • Oct 07Veeram Securities Limited to Report Q2, 2023 Results on Oct 15, 2022Veeram Securities Limited announced that they will report Q2, 2023 results on Oct 15, 2022
Valuation Update With 7 Day Price Move • Sep 29Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₹24.80, the stock trades at a trailing P/E ratio of 31.9x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 545% over the past three years.
Valuation Update With 7 Day Price Move • Sep 07Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹39.20, the stock trades at a trailing P/E ratio of 50.4x. Average trailing P/E is 14x in the Luxury industry in India. Total returns to shareholders of 919% over the past three years.
お知らせ • Aug 30Veeram Securities Limited, Annual General Meeting, Sep 30, 2022Veeram Securities Limited, Annual General Meeting, Sep 30, 2022.
お知らせ • Aug 24Veeram Securities Limited Appoints Umesh Gor as Additional DirectorVeeram Securities Limited announced the appointment of Umesh Gor as Additional Director of the Company with effect from August 23, 2022. Mr. Umesh Gor in an entrepreneur and has more than 24 years of experience in business.
Valuation Update With 7 Day Price Move • Aug 17Investor sentiment deteriorated over the past weekAfter last week's 18% share price decline to ₹39.95, the stock trades at a trailing P/E ratio of 51.4x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 125% over the past year.
Reported Earnings • Aug 12First quarter 2023 earnings released: EPS: ₹0.16 (vs ₹0.21 in 1Q 2022)First quarter 2023 results: EPS: ₹0.16 (down from ₹0.21 in 1Q 2022). Revenue: ₹37.0m (down 30% from 1Q 2022). Net income: ₹8.00m (down 23% from 1Q 2022). Profit margin: 22% (up from 20% in 1Q 2022). The increase in margin was driven by lower expenses.
お知らせ • Jul 26+ 1 more updateVeeram Securities Limited Appoints Girdharlal Pamnani as an Additional Director of the Company with Effect from 25 July, 2022Veeram Securities Limited announced that Mr. Girdharlal Pamnani, is appointed as an additional director of the company with effect from 25 July, 2022. Mr. Girdharlal Pamnani is MA in Economics and has more than 25 years of Experience in the field of Banking and Finance. Qualification MA in Economics and BSC.
Valuation Update With 7 Day Price Move • Jul 22Investor sentiment improved over the past weekAfter last week's 27% share price gain to ₹37.00, the stock trades at a trailing P/E ratio of 46.8x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 907% over the past three years.
Valuation Update With 7 Day Price Move • Jul 08Investor sentiment improved over the past weekAfter last week's 27% share price gain to ₹30.55, the stock trades at a trailing P/E ratio of 38.7x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 731% over the past three years.
Valuation Update With 7 Day Price Move • Jun 23Investor sentiment deteriorated over the past weekAfter last week's 22% share price decline to ₹24.70, the stock trades at a trailing P/E ratio of 31.3x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 572% over the past three years.
Reported Earnings • Jun 04Full year 2022 earnings released: EPS: ₹3.95 (vs ₹0.58 in FY 2021)Full year 2022 results: EPS: ₹3.95 (up from ₹0.58 in FY 2021). Revenue: ₹205.2m (down 7.1% from FY 2021). Net income: ₹39.9m (up 36% from FY 2021). Profit margin: 19% (up from 13% in FY 2021). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 99% per year but the company’s share price has only increased by 84% per year, which means it is significantly lagging earnings growth.
Valuation Update With 7 Day Price Move • Jun 02Investor sentiment improved over the past weekAfter last week's 16% share price gain to ₹21.95, the stock trades at a trailing P/E ratio of 28.6x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 497% over the past three years.
お知らせ • May 25Veeram Securities Limited to Report Fiscal Year 2022 Results on May 30, 2022Veeram Securities Limited announced that they will report fiscal year 2022 results on May 30, 2022
Valuation Update With 7 Day Price Move • May 19Investor sentiment improved over the past weekAfter last week's 27% share price gain to ₹17.00, the stock trades at a trailing P/E ratio of 22.2x. Average trailing P/E is 13x in the Luxury industry in India. Total returns to shareholders of 363% over the past three years.
Board Change • Apr 27Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Virendra Thaker was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Mar 30Investor sentiment deteriorated over the past weekAfter last week's 17% share price decline to ₹83.40, the stock trades at a trailing P/E ratio of 21.8x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 307% over the past three years.
Valuation Update With 7 Day Price Move • Feb 21Investor sentiment deteriorated over the past weekAfter last week's 23% share price decline to ₹125, the stock trades at a trailing P/E ratio of 32.7x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 551% over the past three years.
Valuation Update With 7 Day Price Move • Feb 03Investor sentiment improved over the past weekAfter last week's 17% share price gain to ₹125, the stock trades at a trailing P/E ratio of 36.5x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 550% over the past three years.
Valuation Update With 7 Day Price Move • Nov 30Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹120, the stock trades at a trailing P/E ratio of 34.9x. Average trailing P/E is 12x in the Luxury industry in India. Total returns to shareholders of 383% over the past three years.
Reported Earnings • Oct 27First half 2022 earnings released: EPS ₹2.07 (vs ₹1.54 in 1H 2021)The company reported a solid first half result with improved earnings and revenues, although profit margins were weaker. First half 2022 results: Revenue: ₹105.5m (up 72% from 1H 2021). Net income: ₹20.8m (up 34% from 1H 2021). Profit margin: 20% (down from 25% in 1H 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 65% per year but the company’s share price has increased by 90% per year, which means it is tracking significantly ahead of earnings growth.
Board Change • Sep 16Less than half of directors are independentFollowing the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 4 non-independent directors. Independent Director Sanjay Vibhakar was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.
Valuation Update With 7 Day Price Move • Sep 09Investor sentiment improved over the past weekAfter last week's 18% share price gain to ₹111, the stock trades at a trailing P/E ratio of 38x. Average trailing P/E is 15x in the Luxury industry in India. Total returns to shareholders of 146% over the past year.
Valuation Update With 7 Day Price Move • Aug 05Investor sentiment improved over the past weekAfter last week's 15% share price gain to ₹52.05, the stock trades at a trailing P/E ratio of 17.9x. Average trailing P/E is 20x in the Luxury industry in India. Total returns to shareholders of 171% over the past three years.
Executive Departure • Feb 27Company Secretary & Compliance Officer has left the companyOn the 25th of February, Priti Jain's tenure as Company Secretary & Compliance Officer ended after 1.8 years in the role. We don't have any record of a personal shareholding under Priti's name. Priti is the only executive to leave the company over the last 12 months.
お知らせ • Feb 26Veeram Securities Limited Announces Company Secretary and Compliance Officer ChangesVeeram Securities Limited announced that Mrs. Priti Jain resigned from the post of company secretary and compliance officer of the company with effect from 25th February, 2021 and Ms. Pooja Jadiya appointed as the Company Secretary and Compliance officer of the company with effect from 25th February, 2021.
Is New 90 Day High Low • Feb 20New 90-day high: ₹46.50The company is up 3.0% from its price of ₹45.00 on 20 November 2020. The Indian market is up 20% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 14% over the same period.
お知らせ • Jan 02Veeram Securities Limited Appoints Manohar Chunara as Independent DirectorVeeram Securities Limited announced t Mr. Manohar Chunara, who was appointed as Additional Director on 30th May, 2020 is hereby appointed as an Independent Director of the Company.
お知らせ • Jul 09Veeram Securities Limited announced that it expects to receive INR 44.58 million in fundingVeeram Securities Limited (BSE:540252) announced a private placement of 1,000,000 shares at a price of INR 44.58 per share for gross proceeds of INR 44,580,000. The price per share includes a premium of INR 34.58. The transaction has been approved by the board of directors and is subject to the approval of shareholders in the extra ordinary general meeting of the company.
お知らせ • Jun 28Veeram Securities Limited to Report Second Half, 2020 Results on Jun 30, 2020Veeram Securities Limited announced that they will report second half, 2020 results on Jun 30, 2020
