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Vakrangee Limited

VAKRANGEE

Vakrangee Limited

VAKRANGEE
Information TechnologyOutsourced services
SmallcapWith a market cap of ₹2,810 cr, stock is ranked 1,008
High RiskStock is 4.41x as volatile as Nifty
26.493.40% (+0.87)
26.493.40% (+0.87)

Price Chart

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Information TechnologyOutsourced services
SmallcapWith a market cap of ₹2,810 cr, stock is ranked 1,008
High RiskStock is 4.41x 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 ₹2,810 cr, stock is ranked 1,008
High RiskStock is 4.41x as volatile as Nifty

Key Metrics

No LabelNo LabelPB RatioPB RatioDividend YieldDiv. Yield
442.6617.340.19%
Sector PESector PESector PBSector PBSector Div YldSctr Div Yld
36.599.651.60%

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 Limited646.1817.340.19%
Firstsource Solutions Ltd49.916.940.95%
Bls International Services Ltd54.3211.790.24%
eClerx Services Limited33.177.540.03%

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 0.19%. An investment of ₹1,000 in the stock is expected to generate dividend of ₹1.88 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
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

2 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

2 months agoCapital Market - Live
Live Market Update
Barometers pare losses; financial services advance

The key equity indices reversed all losses and traded with small gains in mid-morning trade. The Nifty traded above the 24,400 level. Financial services shares advanced after the declining for the past consecutive trading sessions. At 10:30 ST, the barometer index, the S&P BSE Sensex was up 55.69 points or 0.06% to 83,133.74. The Nifty 50 index rose 3.70 points or 0.01% to 25,422.25. In the broader market, the S&P BSE Mid-Cap index fell 0.32% and the S&P BSE Small-Cap index shed 0.02%. The market breadth was negative. On the BSE, 1,790 shares rose and 1,836 shares fell. A total of 165 shares were unchanged. Buzzing Index: The Nifty Financial Services index rose 0.81% to 24,185.20. The index tumbled 33.95% in the past consecutive trading sessions. Power Finance Corporation (up 2.75%), Bajaj Finance (up 1.82%), REC (up 1.77%), Shriram Finance (up 1.55%) and ICICI Prudential Life Insurance Company (up 1.2%), HDFC Bank (up 1.06%), SBI Life Insurance Company (up 1.02%), Cholamandalam Investment & Finance Company (up 0.91%), Bajaj Finserv (up 0.69%) and Muthoot Finance (up 0.54%) edged higher. On the other hand, IDFC (down 0.59%), ICICI Lombard General Insurance Company (down 0.34%) and SBI Cards & Payment Services (down 0.2%) edged lower. Stocks in Spotlight: Vakrangee zoomed 10.46% after the company informed strategic corporate agency tie-up with Star Health & Allied Insurance Co. (Star Health Insurance), to offer health insurance products across its network. Through this collaboration, Vakrangee will offer a wide range of health insurance products from Star Health to its customers, ensuring enhanced penetration of health insurance services in remote and underserved regions of the country. Inox Wind (IWL) added 1.72% after the company said that it has received a letter of intent (LoI) from IGREL Renewables (IGREL) for execution of 550 MW wind capacity on turnkey basis. As part of the project, Inox Wind will supply, install and commission the wind turbine generators (WTGs), and provide multi-year comprehensive operations & maintenance (O&M) services post commissioning. Powered by Capital Market - Live

2 months agoCapital Market - Live
Spotlight
Vakrangee jumps after joining hands with Star Health Insurance

Star Health and Allied Insurance Company shed 0.47% to Rs 605.65 on the BSE. Through this collaboration, Vakrangee will offer a wide range of health insurance products from Star Health to its customers, ensuring enhanced penetration of health insurance services in remote and underserved regions of the country. Star Health's insurance products will now be available across Vakrangee's more than 21,900 Kendras, covering urban, semi-urban, and rural areas. By leveraging Vakrangee's strong presence in remote and rural areas, this partnership will significantly drive health insurance adoption, providing financial protection and healthcare access to the underserved sections of society. Customers will be able to choose from a broad range of health insurance policies, including family floater plans, individual health policies, and critical illness coverage. Vedant Nandwana, managing director of Vakrangee, said, 'We are delighted to partner with Star Health & Allied Insurance to offer their comprehensive health insurance products. This alliance further solidifies our commitment to providing healthcare services to all citizens, especially those in unserved and underserved markets. The partnership aligns with our vision of bridging the urban-rural divide and contributing to financial and social inclusion across India. Through this collaboration, both companies aim to address the healthcare needs of millions of Indians while contributing to the country's insurance penetration and providing financial security against medical uncertainties.' 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. Star Health and Allied Insurance Company has business interests in health, personal accident and overseas travel insurance and provides health insurance products to individuals, families and corporates, directly and through various channels ' agents, brokers, online and digital channels. It is also a prominent bancassurance player with long standing relationship with various banks.Powered by Capital Market - Live

2 months agoCapital Market - Live
Corporate
Board of Vakrangee to consider fund raising via equity issuance

The Board of Vakrangee will meet on 24 September 2024 to consider fund raising 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. Powered by Capital Market - Live

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

Prism Johnson Ltd, Globus Spirits Ltd, Jubilant Ingrevia Ltd and Suprajit Engineering Ltd are among the other gainers in the BSE's 'A' group today, 10 September 2024.Vakrangee Ltd surged 9.34% to Rs 21.77 at 11:46 IST. The stock was the biggest gainer in the BSE's 'A' group. On the BSE, 23.72 lakh shares were traded on the counter so far as against the average daily volumes of 11.18 lakh shares in the past one month. Prism Johnson Ltd spiked 8.78% to Rs 189.5. The stock was the second biggest gainer in 'A' group. On the BSE, 2.14 lakh shares were traded on the counter so far as against the average daily volumes of 61724 shares in the past one month. Globus Spirits Ltd soared 8.54% to Rs 1182. The stock was the third biggest gainer in 'A' group. On the BSE, 21003 shares were traded on the counter so far as against the average daily volumes of 48125 shares in the past one month. Jubilant Ingrevia Ltd added 7.28% to Rs 755.5. The stock was the fourth biggest gainer in 'A' group. On the BSE, 1.29 lakh shares were traded on the counter so far as against the average daily volumes of 1.06 lakh shares in the past one month. Suprajit Engineering Ltd jumped 6.10% to Rs 539.25. The stock was the fifth biggest gainer in 'A' group. On the BSE, 59205 shares were traded on the counter so far as against the average daily volumes of 41164 shares in the past one month. Powered by Capital Market - Live

2 months agoCapital Market - Live