New Risk • Jun 02
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 38% per year over the past 5 years. Market cap is less than US$10m (₹380.8m market cap, or US$4.00m). Minor Risks Latest financial reports are more than 6 months old (reported September 2025 fiscal period end). Revenue is less than US$5m (₹212m revenue, or US$2.2m). Board Change • May 29
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Nitin Bhatt 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. Insufficient board refreshment. Announcement • May 26
Vertexplus Technologies Limited to Report Second Half, 2026 Results on May 29, 2026 Vertexplus Technologies Limited announced that they will report second half, 2026 results on May 29, 2026 Announcement • Nov 13
Vertexplus Technologies Limited to Report First Half, 2026 Results on Nov 14, 2025 Vertexplus Technologies Limited announced that they will report first half, 2026 results on Nov 14, 2025 Board Change • Nov 10
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. 2 highly experienced directors. 2 independent directors (3 non-independent directors). Independent Director Nitin Bhatt 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. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Aug 29
Investor sentiment deteriorates as stock falls 19% After last week's 19% share price decline to ₹105, the stock trades at a trailing P/E ratio of 65.7x. Average trailing P/E is 26x in the IT industry in India. Total loss to shareholders of 23% over the past year. Announcement • Aug 28
Vertexplus Technologies Limited, Annual General Meeting, Sep 20, 2025 Vertexplus Technologies Limited, Annual General Meeting, Sep 20, 2025. Board Change • Aug 06
Less than half of directors are independent Following 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. 3 non-independent directors. Independent Director Nitin Bhatt was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Jun 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2024. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (₹548.0m market cap, or US$6.41m). Minor Risks Latest financial reports are more than 6 months old (reported September 2024 fiscal period end). Share price has been volatile over the past 3 months (9.4% average weekly change). Revenue is less than US$5m (₹154m revenue, or US$1.8m). Board Change • May 14
Less than half of directors are independent Following 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. 3 non-independent directors. Independent Director Nitin Bhatt was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Mar 27
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Indian stocks, typically moving 8.5% 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 Risks Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (₹583.0m market cap, or US$6.80m). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Revenue is less than US$5m (₹154m revenue, or US$1.8m). Buy Or Sell Opportunity • Mar 27
Now 23% undervalued The stock has been flat over the last 90 days, currently trading at ₹101. The fair value is estimated to be ₹131, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has declined by 29% over the last year. Meanwhile, the company became loss making. Announcement • Jan 16
Vertexplus Technologies Limited Approves Company Secretary & Compliance Officer Changes Vertexplus Technologies Limited announced that the Board of Directors in their meeting held on 16th January, 2025 approved resignation of Mr. Nitesh Sharma from the post of Company Secretary & Compliance Officer of the Company with effect from the closure of business hours of January 11th 2025. Approved the appointment of Ms. Sandhya Sharma as Company Secretary & Compliance Officer of the Company with effect from January 16, 2025. Announcement • Nov 20
Vertexplus Technologies Limited (NSEI:VERTEXPLUS) acquired CBBG Group Construction Expert Services, Ltd Vertexplus Technologies Limited (NSEI:VERTEXPLUS) agreed to acquire CBBG Group Construction Expert Services, Ltd on November 19, 2024.
Vertexplus Technologies Limited (NSEI:VERTEXPLUS) completed acquisition of CBBG Group Construction Expert Services, Ltd on November 19, 2024. New Risk • Nov 15
New major risk - Revenue and earnings growth Earnings have declined by 23% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 23% per year over the past 5 years. Market cap is less than US$10m (₹604.1m market cap, or US$7.15m). Minor Risk Revenue is less than US$5m (₹150m revenue, or US$1.8m). New Risk • Sep 17
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (9.6% average weekly change). Market cap is less than US$10m (₹712.3m market cap, or US$8.50m). Announcement • Sep 13
Vertexplus Technologies Limited, Annual General Meeting, Sep 27, 2024 Vertexplus Technologies Limited, Annual General Meeting, Sep 27, 2024, at 15:00 Indian Standard Time. New Risk • Aug 07
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.6% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.6% average weekly change). High level of non-cash earnings (30% accrual ratio). Market cap is less than US$10m (₹750.4m market cap, or US$8.94m). Minor Risks Profit margins are more than 30% lower than last year (3.3% net profit margin). Revenue is less than US$5m (₹192m revenue, or US$2.3m). New Risk • Jun 15
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 3.3% Last year net profit margin: 9.1% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). High level of non-cash earnings (30% accrual ratio). Market cap is less than US$10m (₹678.9m market cap, or US$8.13m). Minor Risks Profit margins are more than 30% lower than last year (3.3% net profit margin). Revenue is less than US$5m (₹192m revenue, or US$2.3m). New Risk • Jun 04
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Indian stocks, typically moving 9.5% a week. This is considered a major risk. Share price volatility 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. It may also indicate 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. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.5% average weekly change). High level of non-cash earnings (80% accrual ratio). Market cap is less than US$10m (₹663.3m market cap, or US$7.96m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Revenue is less than US$5m (₹217m revenue, or US$2.6m). New Risk • Jun 01
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended September 2023. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks High level of non-cash earnings (80% accrual ratio). Market cap is less than US$10m (₹631.8m market cap, or US$7.57m). Minor Risks Latest financial reports are more than 6 months old (reported September 2023 fiscal period end). Share price has been volatile over the past 3 months (9.3% average weekly change). Revenue is less than US$5m (₹217m revenue, or US$2.6m). Valuation Update With 7 Day Price Move • May 08
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹135, the stock trades at a trailing P/E ratio of 51.7x. Average trailing P/E is 37x in the IT industry in India. Total returns to shareholders of 23% over the past year. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to ₹139, the stock trades at a trailing P/E ratio of 53.2x. Average trailing P/E is 38x in the IT industry in India. Total returns to shareholders of 25% over the past year. Valuation Update With 7 Day Price Move • Jan 16
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹173, the stock trades at a trailing P/E ratio of 66x. Average trailing P/E is 44x in the IT industry in India. New Risk • Nov 16
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 6.6% Last year net profit margin: 9.4% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.0% average weekly change). High level of non-cash earnings (80% accrual ratio). Minor Risks Profit margins are more than 30% lower than last year (6.6% net profit margin). Revenue is less than US$5m (₹217m revenue, or US$2.6m). Market cap is less than US$100m (₹1.14b market cap, or US$13.7m). Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to ₹219, the stock trades at a trailing P/E ratio of 62.6x. Average trailing P/E is 39x in the IT industry in India. Board Change • Oct 23
Less than half of directors are independent Following 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. 3 non-independent directors. Independent Director Nitin Bhatt was the last independent director to join the board, commencing their role in 2022. 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 29
Investor sentiment deteriorates as stock falls 18% After last week's 18% share price decline to ₹179, the stock trades at a trailing P/E ratio of 51.1x. Average trailing P/E is 37x in the IT industry in India. Announcement • Sep 08
Vertexplus Technologies Limited, Annual General Meeting, Sep 28, 2023 Vertexplus Technologies Limited, Annual General Meeting, Sep 28, 2023, at 15:00 Indian Standard Time. Location: B-19, Ground Floor, 10-B Scheme, Gopalpura Road Jaipur Rajasthan India Agenda: To receive, consider and adopt Financial Statements; and to appoint a Director in place of Mr. Samyak Jain, who retires by rotation and, being eligible, offers himself for re-appointment. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to ₹223, the stock trades at a trailing P/E ratio of 63.8x. Average trailing P/E is 38x in the IT industry in India. Valuation Update With 7 Day Price Move • Aug 04
Investor sentiment improves as stock rises 58% After last week's 58% share price gain to ₹199, the stock trades at a trailing P/E ratio of 57x. Average trailing P/E is 36x in the IT industry in India. Valuation Update With 7 Day Price Move • Jul 19
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to ₹134, the stock trades at a trailing P/E ratio of 38.3x. Average trailing P/E is 32x in the IT industry in India. Reported Earnings • May 31
Full year 2023 earnings released: EPS: ₹4.71 (vs ₹4.65 in FY 2022) Full year 2023 results: EPS: ₹4.71 (up from ₹4.65 in FY 2022). Revenue: ₹217.1m (up 4.1% from FY 2022). Net income: ₹19.2m (up 3.0% from FY 2022). Profit margin: 8.8% (down from 8.9% in FY 2022). The decrease in margin was driven by higher expenses. Board Change • Mar 15
Less than half of directors are independent Following 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. 3 non-independent directors. Independent Director Nitin Bhatt was the last independent director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model.