Veeram Securities Ltd
VSLVeeram Securities Ltd
VSL
Price 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 |
|---|---|---|
| 22.89 | 3.25 | — |
| Sector PESector PE | Sector PBSector PB | Sector Div YldSctr Div Yld |
|---|---|---|
| 38.62 | 6.72 | 0.49% |
Forecast & Ratings
Detailed Forecast Price
Price Upside
Earnings
Earnings Growth
Revenue
Rev. Growth
Company Profile
Veeram Securities Limited, formerly Veeram Ornaments Limited, is a wholesaler, trader and retailer of branded jewelry and ornaments
Peers
Compare with peersTitan Company Ltd
Kalyan Jewellers India Ltd
P N Gadgil Jewellers Ltd
Senco Gold Ltd
Rajesh Exports Ltd
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Forecasts
Price
Revenue
Earnings
Price Forecast
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Hmm, looks like data is unavailable here. Please come back after some timeIncome
Balance Sheet
Cash Flow
Income Statement
| Financial Year | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | TTM | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | 1.47 | 7.54 | 28.06 | 15.74 | 21.03 | 22.23 | 20.51 | 18.85 | 19.52 | 25.47 | ||||||||||
Raw Materials | 3.46 | 11.38 | 26.51 | 15.71 | 20.59 | 17.00 | 16.07 | 17.44 | 14.97 | 21.24 | ||||||||||
| Power & Fuel Cost | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||
| Employee Cost | 0.02 | 0.07 | 0.04 | 0.05 | 0.08 | 0.12 | 0.17 | 0.15 | 0.10 | |||||||||||
| Selling & Administrative Expenses | 0.03 | 0.08 | 0.08 | 0.06 | 0.04 | 0.18 | 0.20 | 0.24 | 0.45 | |||||||||||
| Operating & Other expenses | -2.15 | -4.38 | 0.36 | -0.58 | -1.14 | 1.12 | -0.44 | -1.36 | 0.69 | |||||||||||
EBITDA | 0.11 | 0.39 | 1.07 | 0.50 | 1.46 | 3.81 | 4.51 | 2.38 | 3.31 | 4.23 | ||||||||||
| Depreciation/Amortization | 0.01 | 0.01 | 0.09 | 0.09 | 0.06 | 0.14 | 0.03 | 0.05 | 0.02 | — | ||||||||||
| PBIT | 0.10 | 0.38 | 0.98 | 0.41 | 1.40 | 3.67 | 4.48 | 2.33 | 3.29 | 4.23 | ||||||||||
| Interest & Other Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.03 | 0.00 | 0.00 | 0.00 | — | ||||||||||
| PBT | 0.10 | 0.38 | 0.98 | 0.41 | 1.40 | 3.64 | 4.48 | 2.33 | 3.29 | 4.23 | ||||||||||
| Taxes & Other Items | 0.02 | 0.10 | 0.25 | 0.11 | 0.30 | 0.69 | 0.50 | 0.53 | 0.83 | 1.10 | ||||||||||
| Net Income | 0.08 | 0.28 | 0.73 | 0.30 | 1.10 | 2.95 | 3.98 | 1.80 | 2.46 | 3.13 | ||||||||||
| EPS | 0.00 | 0.01 | 0.10 | 0.04 | 0.20 | 0.55 | 0.53 | 0.40 | 1.63 | 2.07 | ||||||||||
| DPS | 0.00 | 0.01 | 0.03 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.05 | ||||||||||
| Payout ratio | 0.00 | 2.61 | 0.30 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.02 |
Company Updates
Annual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFAnnual report
PDFPeers & Comparison
Consumer DiscretionaryPrecious Metals, Jewellery & Watches
Valuation
Technical
Forecast
Compare valuation on Screener| Stock | PE RatioPE Ratio | PB RatioPB Ratio | Div. YieldDividend Yield |
|---|---|---|---|
| Veeram Securities Ltd | 29.12 | 3.25 | — |
| Titan Company Ltd | 80.85 | 30.09 | 0.35% |
| Kalyan Jewellers India Ltd | 119.82 | 17.09 | 0.17% |
| P N Gadgil Jewellers Ltd | 63.41 | 18.32 | — |
Price Comparison
Compare VSL with any stock or ETFShareholdings
Promoter Holdings Trend
Total Promoter Holding
In last 6 months, promoter holding in the company has almost stayed constant
Low Pledged Promoter Holding
Pledged promoter holdings is insignificant
Institutional Holdings Trend
Increased Total Retail Holding
In last 3 months, retail holding in the company has increased by 5.54%
Foreign Institutional Holding
In last 3 months, foreign institutional holding of the company has almost stayed constant
Shareholding Pattern
Dec 2023
Mar 2024
Jun 2024
Sep 2024
Shareholding History
smallcases
Looks like this stock is not in any smallcase yet.
Events
Dividend Trend
No Dividends
VSL has not given any dividends in last 5 years
Dividends
Corp. Actions
Announcements
Legal Orders
Upcoming Dividends
No upcoming dividends are available
Past Dividends
Cash Dividend
Ex DateEx DateNov 28, 2023
Dividend/Share
₹0.05
Ex DateEx Date
Nov 28, 2023
Cash Dividend
Ex DateEx DateSep 19, 2018
Dividend/Share
₹0.50
Ex DateEx Date
Sep 19, 2018
Cash Dividend
Ex DateEx DateSep 25, 2017
Dividend/Share
₹0.25
Ex DateEx Date
Sep 25, 2017
Net profit of Veeram Securities rose 39.22% to Rs 0.71 crore in the quarter ended September 2024 as against Rs 0.51 crore during the previous quarter ended September 2023. Sales rose 53.69% to Rs 5.21 crore in the quarter ended September 2024 as against Rs 3.39 crore during the previous quarter ended September 2023. ParticularsQuarter EndedSep. 2024Sep. 2023% Var. Sales5.213.39 54 OPM %5.573.54 - PBDT0.910.67 36 PBT0.910.66 38 NP0.710.51 39 Powered by Capital Market - Live
Veeram Securities will hold a meeting of the Board of Directors of the Company on 24 October 2024.Powered by Capital Market - Live
P N Gadgil Jewellers Ltd, Ecos (India) Mobility & Hospitality Ltd, Kriti Industries (India) Ltd and PTC India Ltd are among the other losers in the BSE's 'B' group today, 19 September 2024.Veeram Securities Ltd lost 9.99% to Rs 11.35 at 14:33 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 8.86 lakh shares were traded on the counter so far as against the average daily volumes of 15.44 lakh shares in the past one month.P N Gadgil Jewellers Ltd tumbled 9.87% to Rs 694.8. The stock was the second biggest loser in 'B' group.On the BSE, 1.84 lakh shares were traded on the counter so far as against the average daily volumes of 12.64 lakh shares in the past one month.Ecos (India) Mobility & Hospitality Ltd crashed 9.79% to Rs 504.95. The stock was the third biggest loser in 'B' group.On the BSE, 2.07 lakh shares were traded on the counter so far as against the average daily volumes of 5.47 lakh shares in the past one month.Kriti Industries (India) Ltd fell 9.46% to Rs 234. The stock was the fourth biggest loser in 'B' group.On the BSE, 43605 shares were traded on the counter so far as against the average daily volumes of 10215 shares in the past one month.PTC India Ltd plummeted 9.42% to Rs 213.5. The stock was the fifth biggest loser in 'B' group.On the BSE, 1.66 lakh shares were traded on the counter so far as against the average daily volumes of 1.68 lakh shares in the past one month.Powered by Capital Market - Live
Veeram Securities announced that the Annual General Meeting (AGM) of the company will be held on 30 September 2024.Powered by Capital Market - Live
KDDL Ltd, Sportking India Ltd, India Shelter Finance Corporation Ltd and Kwality Pharmaceuticals Ltd are among the other losers in the BSE's 'B' group today, 16 September 2024.Veeram Securities Ltd lost 9.96% to Rs 11.3 at 14:31 IST.The stock was the biggest loser in the BSE's 'B' group.On the BSE, 7.5 lakh shares were traded on the counter so far as against the average daily volumes of 12.47 lakh shares in the past one month.KDDL Ltd tumbled 8.41% to Rs 3195.35. The stock was the second biggest loser in 'B' group.On the BSE, 13947 shares were traded on the counter so far as against the average daily volumes of 2517 shares in the past one month.Sportking India Ltd crashed 7.88% to Rs 135.6. The stock was the third biggest loser in 'B' group.On the BSE, 46836 shares were traded on the counter so far as against the average daily volumes of 11823 shares in the past one month.India Shelter Finance Corporation Ltd dropped 7.50% to Rs 732.5. The stock was the fourth biggest loser in 'B' group.On the BSE, 75.76 lakh shares were traded on the counter so far as against the average daily volumes of 6194 shares in the past one month.Kwality Pharmaceuticals Ltd pared 7.05% to Rs 782. The stock was the fifth biggest loser in 'B' group.On the BSE, 39631 shares were traded on the counter so far as against the average daily volumes of 41388 shares in the past one month.Powered by Capital Market - Live
Veeram Securities will hold a meeting of the Board of Directors of the Company on 14 September 2024.Powered by Capital Market - Live
Veeram Securities will hold a meeting of the Board of Directors of the Company on 6 September 2024.Powered by Capital Market - Live
Net profit of Veeram Securities rose 83.64% to Rs 1.01 crore in the quarter ended June 2024 as against Rs 0.55 crore during the previous quarter ended June 2023. Sales rose 80.75% to Rs 8.17 crore in the quarter ended June 2024 as against Rs 4.52 crore during the previous quarter ended June 2023. ParticularsQuarter EndedJun. 2024Jun. 2023% Var. Sales8.174.52 81 OPM %10.6513.50 - PBDT1.310.64 105 PBT1.310.63 108 NP1.010.55 84 Powered by Capital Market - Live
Veeram Securities will hold a meeting of the Board of Directors of the Company on 13 August 2024.Powered by Capital Market - Live
Veeram Securities standalone net profit declines 70.00% in the December 2022 quarter
Lower than Industry Revenue Growth
Over the last 5 years, revenue has grown at a yearly rate of 4.4%, vs industry avg of 10.25%
Constant Market Share
Over the last 5 years, market share stayed at 0.01%
Higher than Industry Net Income
Over the last 5 years, net income has grown at a yearly rate of 52.32%, vs industry avg of 8.21%