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Vakrangee Limited

VAKRANGEE

Vakrangee Limited

VAKRANGEE
Information TechnologyOutsourced services
SmallcapWith a market cap of ₹3,474 cr, stock is ranked 933
High RiskStock is 4.52x as volatile as Nifty
32.762.12% (+0.68)
32.762.12% (+0.68)

Price Chart

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1D
1W
1M
1Y
5Y
Max
SIP
Information TechnologyOutsourced services
SmallcapWith a market cap of ₹3,474 cr, stock is ranked 933
High RiskStock is 4.52x as volatile as Nifty
Scorecard

Performance

Low

Hasn't fared well - amongst the low performers

Valuation

High

Seems to be overvalued vs the market average

Growth

Low

Lagging behind the market in financials growth

Profitability

High

Showing good signs of profitability & efficiency

Entry point

Avg

The stock is not in the overbought zone

Red flags

Low

No red flag found

How to use scorecard? Learn more

Information TechnologyOutsourced services
SmallcapWith a market cap of ₹3,474 cr, stock is ranked 933
High RiskStock is 4.52x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
498.1019.510.17%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
36.969.751.59%

Forecast & Ratings

Detailed Forecast 
100%
Analysts have suggested that investors can buy this stock

from 1 analyst

Price

Price Upside

Earnings

Earnings Growth

Revenue

Rev. Growth

See Detailed Forecast

Company Profile

Vakrangee Limited is a technology company which offers solutions across e-Governance Projects and Vakrangee Kendra.

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Forecasts

Price

Revenue

Earnings

Income

Balance Sheet

Cash Flow

Income Statement

Industry refers to the sub-sector this company belongs to.

Lower than Industry Revenue Growth

A higher-than-industry revenue growth represents increased potential for the company to increase their market share

Over the last 5 years, revenue has grown at a yearly rate of -32.95%, vs industry avg of 6.19%

Decreasing Market Share

Market share is the percentage of an industry's total sales going to a particular company. It gives a general idea of the size of a company v/s its competitors

Over the last 5 years, market share decreased from 12.11% to 1.22%

Lower than Industry Net Income

Net income is equal to net earnings (profit) less expenses. This number is an important measure of how profitable the company is

Over the last 5 years, net income has grown at a yearly rate of -29.64%, vs industry avg of 10.02%

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Financial YearFY 2016FY 2017FY 2018FY 2019FY 2020FY 2021FY 2022FY 2023FY 2024TTM
Total Revenue3,196.384,005.746,536.491,589.98767.73383.95197.35198.70215.46233.15
Raw Materialssubtract2,286.029.9320.1123.3925.649.498.250.510.00204.10
Power & Fuel Costsubtract0.440.530.790.920.910.540.490.510.40
Employee Costsubtract25.3343.9968.8188.1159.7131.546.2111.3515.65
Selling & Administrative Expensessubtract52.4824.2927.7132.5441.7718.5611.1516.039.57
Operating & Other expensessubtract5.712,975.725,377.931,384.94533.26226.20151.19150.60160.58
Depreciation/Amortizationsubtract164.0473.396.958.7414.8914.8115.4615.5115.6915.94
Interest & Other Itemssubtract56.3250.0910.310.000.000.000.001.527.714.94
Taxes & Other Itemssubtract211.18297.02343.4126.1120.2820.024.601.681.511.82
EPS3.344.385.610.210.590.520.000.010.040.06
DPS0.550.870.220.220.220.090.040.040.050.05
Payout ratio0.160.200.041.050.370.172,98,20,95,08,50,10,346.005.351.310.83

Company Updates

Annual Report and Investor Presentation updates mentioned here are as reported by the company to the exchange
FY 2018

Annual report

PDF

Investor Presentation

Jan 22PDF
Nov 13PDF
Jul 31PDF
FY 2020

Annual report

PDF

Investor Presentation

Nov 13PDF
FY 2021

Annual report

PDF

Investor Presentation

Feb 8PDF
Oct 30PDF
Jul 31PDF
FY 2022

Annual report

PDF

Investor Presentation

Jun 2PDF
Apr 22PDF
Jul 26PDF
 

Peers & Comparison

Comparing 3 stocks from 
Information TechnologyOutsourced services

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StockPE RatioPE RatioPB RatioPB RatioDiv. YieldDividend Yield
Vakrangee Limited727.1119.510.17%
Firstsource Solutions Ltd49.616.900.96%
Bls International Services Ltd63.7913.850.21%
eClerx Services Limited34.357.810.03%

Price Comparison

Compare VAKRANGEE with any stock or ETF
Compare VAKRANGEE with any stock or ETF
VAKRANGEE
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Shareholdings

Promoter Holdings Trend

Total Promoter Holding

Increasing promoter holding is considered good and reflects management’s positive view about the future outlook

In last 6 months, promoter holding in the company has almost stayed constant

Low Pledged Promoter Holding

Lower pledged promoter holdings is considered better

Pledged promoter holdings is insignificant

Institutional Holdings Trend

Decreased Total Retail Holding

Increasing retail holding can be considered bad as it can reflect that institutions and promoters are selling their stake which is being absorbed by retail investors.

In last 3 months, retail holding in the company has decreased by 2.72%

Foreign Institutional Holding

Foreign Institutional Holding is quantum of stock held by foreign large-quantities-trading entities. Increasing value indicates growing support and comfort for the stock

In last 3 months, foreign institutional holding of the company has almost stayed constant

Tickertape Separator

Shareholding Pattern

Retail and OthersForeign InstitutionsOther Domestic InstitutionsMutual FundsTotal Promoter Holding41.67%0.00%5.13%2.75%50.46%

Dec 2023

Mar 2024

Jun 2024

Sep 2024

Shareholding History

JunSepDec '23MarJunSep4.12%3.98%3.31%3.06%2.93%2.75%

Insider Trades & Bulk Deals

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smallcases

Looks like this stock is not in any smallcase yet.

Events

Dividend Trend

Dividend Yield

Dividend return is one of the most important things to be considered while investing for long term. It is the additional return on top of what investors earn through price appreciation

Current dividend yield is 0.17%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹1.67 every year

Dividends

Corp. Actions

Announcements

Legal Orders

Upcoming Dividends

No upcoming dividends are available

Past Dividends

Cash Dividend

Ex DateEx DateSep 20, 2024

Final
Final | Div/Share: ₹0.05

Dividend/Share

0.05

Ex DateEx Date

Sep 20, 2024

Cash Dividend

Ex DateEx DateSep 1, 2023

Final
Final | Div/Share: ₹0.05

Dividend/Share

0.05

Ex DateEx Date

Sep 1, 2023

Cash Dividend

Ex DateEx DateSep 22, 2022

Final
Final | Div/Share: ₹0.05

Dividend/Share

0.05

Ex DateEx Date

Sep 22, 2022

Cash Dividend

Ex DateEx DateAug 20, 2021

Final
Final | Div/Share: ₹0.10

Dividend/Share

0.10

Ex DateEx Date

Aug 20, 2021

Cash Dividend

Ex DateEx DateSep 24, 2020

Final
Final | Div/Share: ₹0.25

Dividend/Share

0.25

Ex DateEx Date

Sep 24, 2020

News & Opinions
Corporate
Vakrangee EGM scheduled

Vakrangee announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 15 January 2025.Powered by Capital Market - Live

4 hours agoCapital Market - Live
Spotlight
Vakrangee soars on Canara Bank partnership

This collaboration aims to expand banking services to underserved and unbanked communities in the East Zone. Under the agreement, Vakrangee will act as a Corporate Business Correspondent (CBC) for Canara Bank. The company's extensive network of Kendras will now offer a wide range of banking services, including account opening, deposits, withdrawals, loan repayments, and more. This initiative is expected to significantly enhance rural banking infrastructure and bridge the financial inclusion gap. Additionally, Vakrangee Kendras will facilitate the enrollment of citizens in various social security schemes and provide Aadhaar-related services. Vakrangee Kendras are branded outlets providing banking, insurance, ATM, e-commerce, e-governance, and healthcare services. With a strong presence in Tier-4 to 6 locations, Vakrangee empowers customers in remote areas to access essential banking services. Vakrangee is a leading Last Mile Distribution Platform with a strong physical and digital presence across India. It provides a range of essential services, including banking, insurance, ATM, e-governance, e-commerce, healthcare, and logistics, to underserved markets. Its Vakrangee Kendra outlets and BharatEasy mobile app offer convenient access to these services. The company's consolidated net profit jumped 64% to Rs 0.69 crore while net sales increased 27% to Rs 65.25 crore in Q2 FY25 over Q2FY24. The company's board will meet on Saturday, 21 December 2024 to consider raising funds through various modes. Powered by Capital Market - Live

2 days agoCapital Market - Live
Spotlight
Vakrangee spurts after board to mull fund raising on 21 Dec' 24

The company will consider the proposal for raising of funds by way of rights issue, warrants, preferential issue including a qualified institutions placement or through any other permissible mode and/or combination thereof as may be considered appropriate, by way of issue of equity shares or any other eligible securities, subject to all such regulatory/ statutory approvals as may be required including the approval of shareholders of the company. Vakrangee has become India's leading last mile distribution platform, offering a comprehensive physical and digital ecosystem across the country. Their services include real-time banking, financial services, ATM facilities, insurance, e-governance, e-commerce (including healthcare services), and logistics. With a focus on rural, semi-urban, and urban markets, Vakrangee is driving financial, social, and digital inclusion for the Indian population. The company's consolidated net jumped 64.3% to Rs 0.69 crore in Q2 FY25 as compared with Rs 0.42 crore in Q2 FY24. Net sales increased 26.6% YoY to Rs 65.25 crore in Q2 FY25.Powered by Capital Market - Live

5 days agoCapital Market - Live
Corporate
Vakrangee to conduct board meeting

Vakrangee will hold a meeting of the Board of Directors of the Company on 21 December 2024.Powered by Capital Market - Live

1 week agoCapital Market - Live
Earnings
Vakrangee consolidated net profit rises 64.29% in the September 2024 quarter

Net profit of Vakrangee rose 64.29% to Rs 0.69 crore in the quarter ended September 2024 as against Rs 0.42 crore during the previous quarter ended September 2023. Sales rose 26.60% to Rs 65.25 crore in the quarter ended September 2024 as against Rs 51.54 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales65.2551.54 27 OPM %8.0311.49 - PBDT5.464.85 13 PBT1.190.88 35 NP0.690.42 64 Powered by Capital Market - Live

1 month agoCapital Market - Live
Spotlight
Vakrangee Ltd leads losers in 'A' group

Edelweiss Financial Services Ltd, Reliance Infrastructure Ltd, Mahindra & Mahindra Financial Services Ltd and Chambal Fertilisers & Chemicals Ltd are among the other losers in the BSE's 'A' group today, 04 October 2024.Vakrangee Ltd lost 9.98% to Rs 30.76 at 14:48 IST.The stock was the biggest loser in the BSE's 'A' group.On the BSE, 44.86 lakh shares were traded on the counter so far as against the average daily volumes of 71.14 lakh shares in the past one month.Edelweiss Financial Services Ltd crashed 8.20% to Rs 122. The stock was the second biggest loser in 'A' group.On the BSE, 7.38 lakh shares were traded on the counter so far as against the average daily volumes of 8.37 lakh shares in the past one month.Reliance Infrastructure Ltd tumbled 7.14% to Rs 303.6. The stock was the third biggest loser in 'A' group.On the BSE, 11.37 lakh shares were traded on the counter so far as against the average daily volumes of 12.71 lakh shares in the past one month.Mahindra & Mahindra Financial Services Ltd corrected 6.72% to Rs 300.5. The stock was the fourth biggest loser in 'A' group.On the BSE, 3.8 lakh shares were traded on the counter so far as against the average daily volumes of 1.32 lakh shares in the past one month.Chambal Fertilisers & Chemicals Ltd plummeted 6.02% to Rs 499.15. The stock was the fifth biggest loser in 'A' group.On the BSE, 2.61 lakh shares were traded on the counter so far as against the average daily volumes of 1.42 lakh shares in the past one month.Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Vakrangee Ltd leads gainers in 'A' group

Saregama India Ltd, Bombay Dyeing & Manufacturing Company Ltd, Sequent Scientific Ltd and Astrazeneca Pharma India Ltd are among the other gainers in the BSE's 'A' group today, 30 September 2024.Vakrangee Ltd soared 9.96% to Rs 34.68 at 11:48 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 87.31 lakh shares were traded on the counter so far as against the average daily volumes of 58.86 lakh shares in the past one month. Saregama India Ltd surged 8.52% to Rs 613.85. The stock was the second biggest gainer in 'A' group. On the BSE, 1.71 lakh shares were traded on the counter so far as against the average daily volumes of 45244 shares in the past one month. Bombay Dyeing & Manufacturing Company Ltd spiked 7.30% to Rs 229.35. The stock was the third biggest gainer in 'A' group. On the BSE, 3.6 lakh shares were traded on the counter so far as against the average daily volumes of 83905 shares in the past one month. Sequent Scientific Ltd spurt 7.18% to Rs 232.95. The stock was the fourth biggest gainer in 'A' group. On the BSE, 12.57 lakh shares were traded on the counter so far as against the average daily volumes of 3.77 lakh shares in the past one month. Astrazeneca Pharma India Ltd jumped 6.18% to Rs 7629.55. The stock was the fifth biggest gainer in 'A' group. On the BSE, 17445 shares were traded on the counter so far as against the average daily volumes of 4037 shares in the past one month. Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Vakrangee Ltd Slides 1.36%

Vakrangee Ltd fell 1.36% today to trade at Rs 24.65. The BSE Information Technology index is down 0.44% to quote at 42380.28. The index is up 1.22 % over last one month. Among the other constituents of the index, Netweb Technologies India Ltd decreased 1.21% and Rategain Travel Technologies Ltd lost 1.21% on the day. The BSE Information Technology index went up 29.44 % over last one year compared to the 28.48% surge in benchmark SENSEX. Vakrangee Ltd has added 15.13% over last one month compared to 1.22% gain in BSE Information Technology index and 4.62% rise in the SENSEX. On the BSE, 2.08 lakh shares were traded in the counter so far compared with average daily volumes of 31.17 lakh shares in the past one month. The stock hit a record high of Rs 32.19 on 01 Feb 2024. The stock hit a 52-week low of Rs 16.15 on 10 Oct 2023.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Vakrangee schedules AGM

Vakrangee announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live
Corporate
Vakrangee to hold board meeting

Vakrangee will hold a meeting of the Board of Directors of the Company on 24 September 2024.Powered by Capital Market - Live

3 months agoCapital Market - Live