Veefin Solutions Ltd
VEEFINVeefin Solutions Ltd
VEEFINPrice Chart
Scorecard
Performance
LowHasn't fared well - amongst the low performers
Valuation
HighSeems to be overvalued vs the market average
Growth
LowLagging behind the market in financials growth
Profitability
HighShowing good signs of profitability & efficiency
Entry point
AvgThe stock is not in the overbought zone
Red flags
LowNo red flag found
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Key Metrics
No LabelNo Label | PB RatioPB Ratio | Dividend YieldDiv. Yield |
---|---|---|
— | 9.70 | — |
Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
---|---|---|
34.57 | 9.12 | 1.70% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Peers
Compare with peersEdvenswa Enterprises Ltd
Olatech Solutions Ltd
Cranes Software International Ltd
Orchasp Ltd
B2B Software Technologies Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
Revenue Forecast
Earnings Per Share Forecast
Income
Balance Sheet
Cash Flow
Income Statement
Financial Year | FY 2022 | FY 2023 | FY 2024 | TTM | ||||
---|---|---|---|---|---|---|---|---|
Total Revenue | 6.55 | 14.48 | 24.99 | — | ||||
Raw Materials | 0.00 | 0.00 | 0.00 | — | ||||
Power & Fuel Cost | 0.00 | 0.00 | 0.00 | |||||
Employee Cost | 1.98 | 5.06 | 6.15 | |||||
Selling & Administrative Expenses | 1.18 | 2.89 | 6.65 | |||||
Operating & Other expenses | 2.29 | 0.93 | 1.24 | |||||
EBITDA | 1.10 | 5.60 | 10.95 | — | ||||
Depreciation/Amortization | 0.17 | 0.23 | 0.94 | — | ||||
PBIT | 0.93 | 5.37 | 10.01 | — | ||||
Interest & Other Items | 0.02 | 0.05 | 0.34 | — | ||||
PBT | 0.91 | 5.32 | 9.67 | — | ||||
Taxes & Other Items | 0.00 | 1.05 | 2.26 | — | ||||
Net Income | 0.91 | 4.27 | 7.41 | — | ||||
EPS | 0.63 | 2.60 | 3.62 | — | ||||
DPS | 0.00 | 0.00 | 0.00 | — | ||||
Payout ratio | 0.00 | 0.00 | 0.00 | — |
Company Updates
Peers & Comparison
Information TechnologyApplication Software
Valuation
Technical
Forecast
Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
---|---|---|---|
Veefin Solutions Ltd | 165.32 | 9.70 | — |
Edvenswa Enterprises Ltd | 24.99 | 3.50 | — |
Olatech Solutions Ltd | 27.81 | 11.36 | — |
Cranes Software International Ltd | -3.31 | -0.07 | — |
Price Comparison
Compare VEEFIN with any stock or ETFShareholdings
Promoter Holdings Trend
Institutional Holdings Trend
No institutional holdings trend are available
Shareholding Pattern
Jul 2023
Sep 2023
Mar 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
VEEFIN has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Dividends
Veefin Solutions will hold a meeting of the Board of Directors of the Company on 28 October 2024.Powered by Capital Market - Live
The Veefin Group of Companies has announced its third acquisition in end-to-end digital lending platform EpikIndifi, in a cash and equity swap deal valued at around Rs 125 crore. Veefin Group has been on a major corporate expansion exercise in FY 24-25 to transform into an end-to-end Working Capital Finance Platform. The acquisitions of the three companies are at a total valuation of Rs 400 crore. The total expected outlay of the first tranche of all three acquisitions in the last three months is Rs 215 crore (through cash and equity). The global SME financing gap is pegged at $14Tn. Along with the existing group companies, the latest acquisitions have powered Veefin Group to address every aspect of optimising working capital, by offering solutions across end-to end digital Supply Chain Finance, Digital Identity Verification & Automated Financial Statement Analysis, Trade Securitisation, Transaction Banking, Automated Accounts Receivable (AR) & Accounts Payable (AP) and Software Consulting and Services. Veefin Group has achieved an annual disbursement worth $25Bn on its platform. Earlier in June, Veefin Group acquired Regime Tax Solutions (known popularly for its products TaxGenie & PayInvoice), and in August the company announced the acquisition of the Indian arm of global technology firm Nityo Infotech. The inorganic growth opportunities are estimated to increase the Veefin Group's clientele of banking, financial institutions and corporate clients manifold - from 55 in the last financial year to over 500 by the end of this financial year. Powered by Capital Market - Live
Veefin Solutions announced that the Annual General Meeting (AGM) of the company will be held on 27 September 2024.Powered by Capital Market - Live
The Veefin Group of Companies has announced its latest acquisition via one of its subsidiaries, acquiring 100% of Nityo Tech, which is the Nityo Infotech Singapore's India invested business. This marks the second acquisition by the Veefin group in the past two months. The parent company Nityo Infotech is a leading provider of Artificial Intelligence (AI) and Machine Learning (ML) solutions in the financial services sector with a presence in over 44 countries and more than 3,000 clients served globally. Nityo Infotech operates across 15+ verticals, including Banking, Insurance, Telecom, Computing Software, Automotive, Consumer Electronics, Energy, Healthcare, Media & Entertainment, Retail, and Manufacturing. This acquisition positions Veefin and its group of companies to spearhead the ongoing wave of rapid digital transformation in the banking sector. Leveraging their existing infrastructure, they will extend digital transformation services across various banking verticals beyond lending. Veefin's strong brand presence in the banking sector will enable them to offer a comprehensive range of services and solutions to banks within a unified ecosystem with a focus on product engineering, AI and Data. Powered by Capital Market - Live
Veefin Solutions announced the appointment of Parag Ekbote as the Chief Executive Officer of GlobeTF, a Veefin subsidiary focused on providing solutions in the transaction banking industry. Ekbote, an accomplished business leader with nearly 30 years of experience in the banking technology sector, will also serve as the Chief Business Officer of the Veefin Group of Companies.Powered by Capital Market - Live
Decreased Total Promoter Holding
In last 6 months, promoter holding in the company has decreased by 2.45%
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant