Vakrangee
Market Cap
₹36.6b
Last Updated
2020/07/07 12:37 UTC
Data Sources
Company Financials
Executive Summary
Vakrangee Limited, a technology company, provides banking, ATM, insurance, financial services, e-governance, e-commerce, and logistics services in India.
Snowflake Analysis
Flawless balance sheet second-rate dividend payer.
Share Price & News
How has Vakrangee's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 511431's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-4.3%
511431
7.5%
IN IT
4.0%
IN Market
1 Year Return
-6.4%
511431
5.2%
IN IT
-5.3%
IN Market
Return vs Industry: 511431 underperformed the Indian IT industry which returned 2.4% over the past year.
Return vs Market: 511431 matched the Indian Market which returned -5.5% over the past year.
Shareholder returns
| 511431 | Industry | Market | |
|---|---|---|---|
| 7 Day | -4.3% | 7.5% | 4.0% |
| 30 Day | 9.6% | 9.1% | 6.6% |
| 90 Day | 70.6% | 29.0% | 22.9% |
| 1 Year | -5.7%-6.4% | 8.2%5.2% | -3.3%-5.3% |
| 3 Year | -84.8%-85.0% | 68.8%59.2% | 2.3%-2.6% |
| 5 Year | -52.6%-53.8% | 72.8%56.6% | 27.7%17.8% |
Price Volatility Vs. Market
How volatile is Vakrangee's share price compared to the market and industry in the last 5 years?
Simply Wall St News
2 years ago | Simply Wall St
Should You Buy Vakrangee Limited (BOM:511431) At This PE Ratio?2 years ago | Simply Wall St
March Top Growth Stocks To BuyValuation
Is Vakrangee undervalued compared to its fair value and its price relative to the market?
77.08x
Price to Earnings (PE) ratio
Share Price vs. Fair Value
Below Fair Value: 511431 (₹33.6) is trading above our estimate of fair value (₹2.36)
Significantly Below Fair Value: 511431 is trading above our estimate of fair value.
Price To Earnings Ratio
PE vs Industry: 511431 is poor value based on its PE Ratio (77.1x) compared to the IT industry average (11.5x).
PE vs Market: 511431 is poor value based on its PE Ratio (77.1x) compared to the Indian market (12.6x).
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 511431's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 511431 is overvalued based on its PB Ratio (1.3x) compared to the IN IT industry average (1x).
Next Steps
Future Growth
How is Vakrangee forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
5.8%
Forecasted Software industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Vakrangee has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Examine Vakrangee's financial health to determine how well-positioned it is against times of financial stress by looking at its level of debt over time and how much cash it has left.
- Vakrangee competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Software industry.
Past Performance
How has Vakrangee performed over the past 5 years?
-14.3%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 511431 has high quality earnings.
Growing Profit Margin: 511431's current net profit margins (8%) are higher than last year (2.9%).
Past Earnings Growth Analysis
Earnings Trend: 511431's earnings have declined by -14.3% per year over the past 5 years.
Accelerating Growth: 511431's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 511431 had negative earnings growth (-50.8%) over the past year, making it difficult to compare to the IT industry average (5.6%).
Return on Equity
High ROE: 511431's Return on Equity (1.8%) is considered low.
Next Steps
Financial Health
How is Vakrangee's financial position?
Financial Position Analysis
Short Term Liabilities: 511431's short term assets (₹26.1B) exceed its short term liabilities (₹1.8B).
Long Term Liabilities: 511431's short term assets (₹26.1B) exceed its long term liabilities (₹51.4M).
Debt to Equity History and Analysis
Debt Level: 511431 is debt free.
Reducing Debt: 511431 has no debt compared to 5 years ago when its debt to equity ratio was 56.1%.
Debt Coverage: 511431 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: 511431 has no debt, therefore coverage of interest payments is not a concern.
Balance Sheet
Next Steps
Dividend
What is Vakrangee current dividend yield, its reliability and sustainability?
0.74%
Current Dividend Yield
Dividend Yield vs Market
Notable Dividend: 511431's dividend (0.74%) is higher than the bottom 25% of dividend payers in the Indian market (0.68%).
High Dividend: 511431's dividend (0.74%) is low compared to the top 25% of dividend payers in the Indian market (2.78%).
Stability and Growth of Payments
Stable Dividend: 511431's dividend payments have been volatile in the past 10 years.
Growing Dividend: 511431's dividend payments have increased over the past 10 years.
Current Payout to Shareholders
Dividend Coverage: With its reasonable payout ratio (57.3%), 511431's dividend payments are covered by earnings.
Future Payout to Shareholders
Future Dividend Coverage: Insufficient data to determine if a dividend will be paid in 3 years and that it will be covered by earnings.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
2.4yrs
Average management tenure
CEO
Dinesh Nandwana (57yo)
0.50
Tenure
₹26,877,000
Compensation
Mr. Dinesh Nandwana, CA, has been Managing Director & Group CEO at Vakrangee Limited since January 24, 2020. He served as the Managing Director of Vakrangee Limited (Alternate Name: Vakrangee Softwares Ltd ...
CEO Compensation Analysis
Compensation vs Market: Dinesh's total compensation ($USD360.10K) is about average for companies of similar size in the Indian market ($USD365.08K).
Compensation vs Earnings: Dinesh's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, Group CEO & Executive Director | 0.50yr | ₹26.88m | 6.54% ₹2.4b | |
| Chief Financial Officer | 4.17yrs | ₹5.76m | 0.000010% ₹3.7k | |
| Company Secretary & Compliance Officer | 2.83yrs | ₹2.81m | 0.000070% ₹25.6k | |
| Director of R&D and Whole Time Director | 20.92yrs | ₹6.27m | 0.014% ₹5.2m | |
| COO & CFO of Retail | 1.17yrs | no data | no data | |
| Chief Technology Officer | 2.42yrs | ₹2.71m | no data | |
| Chief Corporate Communication Officer & Strategy | no data | no data | no data | |
| Chief Marketing Officer | 1.5yrs | no data | no data | |
| Head of Client Consulting | no data | no data | no data | |
| Head of Master Franchisee Marketing | 2.5yrs | ₹2.25m | no data |
2.4yrs
Average Tenure
54.5yo
Average Age
Experienced Management: 511431's management team is considered experienced (2.4 years average tenure).
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, Group CEO & Executive Director | 0.50yr | ₹26.88m | 6.54% ₹2.4b | |
| Director of R&D and Whole Time Director | 20.92yrs | ₹6.27m | 0.014% ₹5.2m | |
| Independent Non-Executive Chairman | 0.50yr | ₹330.00k | 0.000050% ₹18.3k | |
| Non-Executive Independent Director | 18.08yrs | ₹150.00k | no data | |
| Non-Executive Independent Director | 9.75yrs | ₹220.00k | 0.0032% ₹1.2m | |
| Non-Executive Independent Director | 5.33yrs | ₹300.00k | no data | |
| Non-Executive Independent Director | 5.67yrs | ₹280.00k | no data | |
| Nominee Director | 2.42yrs | ₹250.00k | no data |
7.7yrs
Average Tenure
58.5yo
Average Age
Experienced Board: 511431's board of directors are considered experienced (7.7 years average tenure).
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Recent Insider Transactions
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Vakrangee Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Vakrangee Limited
- Ticker: 511431
- Exchange: BSE
- Founded: 1990
- Industry: Data Processing and Outsourced Services
- Sector: Software
- Market Cap: ₹36.602b
- Shares outstanding: 1.06b
- Website: https://vakrangee.in
Number of Employees
Location
- Vakrangee Limited
- Vakrangee Corporate House
- Plot No. 93, Road No. 16
- Mumbai
- Maharashtra
- 400093
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 511431 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Jun 2000 |
| VAKRANGEE | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Jun 2000 |
Biography
Vakrangee Limited, a technology company, provides banking, ATM, insurance, financial services, e-governance, e-commerce, and logistics services in India. The company offers savings bank account opening, deposit in account, urban counter tatkal remittance, cash credit, term loans repayment, fixed deposit, retail loan, overdraft, micro pension, and SHG management services, as well as transaction deposit, withdrawal, A/C to A/C remittance, and tatkal remittance services; direct benefit transfer services; pension transactions; and life and non-life insurance products. It also provides utility collection services, including bill payments for electricity, telephone, mobile, and Mahanagar Gas; cess and tax collection services; recruitment application processing and grievance management services; and online registration and issuance of certificates for birth, death, and marriage. In addition, the company offers telecommunication services and products; direct-to-home services; and literacy-related services. Further, it provides Aadhaar Card enrolment services issued by the Government of India; electoral rolls enrolment services; and assistance in registration of marriages, societies, firms, and non-trading companies. Additionally, the company engages in the digitization of old records, automation of the Ministry's internal processes, computerization of payroll and administration functions, training of staff, building infrastructure, designing application software, and other services; and provision of procuring, commissioning, and maintaining the Smart Card Infrastructure. As of November 13, 2019, it had a total of approximately 8,500 Vakrangee Kendra outlets. The company was formerly known as Vakrangee Softwares Limited and changed its name to Vakrangee Limited in October 2013. Vakrangee Limited was founded in 1990 and is based in Mumbai, India.
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/07 12:37 |
| End of Day Share Price | 2020/07/07 00:00 |
| Earnings | 2019/12/31 |
| Annual Earnings | 2019/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.