Veeram Securities
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Veeram Securities share price

Veeram Securities Ltd.

BSE: 540252 SECTOR: Finance - Others  26k   79   7

9.29
-1.03 (-9.98%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 10.49

Today's Low

₹ 9.29

52 Week High

₹ 14.44

52 Week Low

₹ 7.26

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 70.27 Cr.

Advances

₹ 0 Cr.

No. of Shares

7.56 Cr.

P/E

22.46

P/B

2.97

Face Value

₹ 2

Div. Yield

0 %

Book Value (TTM)

₹  3.12

Operating Revenue

₹ 19.33 Cr.

Net Profit

₹ 2.46 Cr.

Promoter Holding

53.77 %

EPS (TTM)

₹  0.41

Sales Growth

3.47

ROE

11.82 %

ROCE

15.83%

Profit Growth

37.61 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Income Growth

1 Year3.47%
3 Year-1.97%
5 Year4.5%

Profit Growth

1 Year37.61%
3 Year-5.63%
5 Year51.74%

ROE%

1 Year11.82%
3 Year15.19%
5 Year15.64%

ROCE %

1 Year15.83%
3 Year18.48%
5 Year19.29%

ROA%

11.369

PEG Ratio

0.6

PAT Margin (%)

12.7358

EPS Growth(%)

37.6167

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 53.77 0.00
Jun 2024 53.77 0.00
Mar 2024 53.77 0.00
Dec 2023 53.77 0.00
Sep 2023 53.77 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • PAT margin has surged by 3.1596413993434%.
  • Company has maintained a good ROA of 14.7843511207404% in last 3 years.
  • TThe company has been maintaining a healthy ROCE of 18.479020002731% since last 3 years.
  • Promoters shareholding is 53.77%.

 Limitations

  • The company has delivered poor profit growth of -1.97422039853653% over past 3 years
  • The company has delivered poor Operating Income growth of -1.97422039853653% over past 3 years.
  • Provision and contingencies have increased by 73.5012807800364%.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Operating Revenue 3.39 5.68 5.75 8.18 5.21
Other Income 0.55 0.08 -0.47 0.44 0.62
Interest Expended 0 0 0 0 0
Operating Expenses 3.27 5.22 3.8 7.3 4.92
Total Provisions 0 0 0 0 0
Depreciation 0.01 0.02 -0.02 0 0
Profit Before Tax 0.66 0.52 1.49 1.31 0.91
Tax 0.15 0.09 0.52 0.3 0.2
Net Profit 0.51 0.43 0.98 1.01 0.71
Adjusted EPS (RS) 0.07 0.06 0.13 0.13 0.09

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Operating Income 19.96 20.52 18.74 18.68 19.33
Other Income 1.07 1.71 1.77 0.17 0.19
Interest 0 0.03 0 0 0
Operating Expenses 19.57 18.52 15.98 16.48 16.14
Total Provisions 0.07 0.05 0.04 0.05 0.08
Exceptional Items 0 0 0 0 0
Profit Before Tax 1.39 3.62 4.49 2.32 3.3
Tax 0.3 0.69 0.5 0.53 0.83
Profit After Tax 1.09 2.93 3.99 1.79 2.46
Adjusted EPS (Rs.) 0.14 0.39 0.53 0.24 0.33

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 4.31 10.09 10.09 15.13 15.13
Total Reserves 7.19 4.29 8.29 4.47 6.93
Borrowings 0 0 0 0 0
Other N/C liabilities 0 -0.01 -0.01 -0.01 -0.03
Current liabilities 9.44 0.72 0.1 0.75 0.93
Total Liabilities 20.93 15.08 18.46 20.34 22.97
Assets
Loans 0 0 0 0 0
Net Block 5.32 2.27 10.39 10.99 10.97
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Other Loans 0 0 0 0 0
Other N/C Assets 0 0 0 0 0
Current Assets 15.6 12.81 8.08 9.35 12
Total Assets 20.93 15.08 18.46 20.34 22.97
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 53.77 53.77 53.77 53.77 53.77
mahendrabhai manchndlal s... - - 0.35 0.35 0.35
pinal rakshitbhai shah 26.18 26.18 26.18 26.18 26.18
rakshit mahendra shah 18.85 18.85 18.85 18.85 18.85
shah mahendra manchandlal... 0.42 0.42 - 0.42 0.42
shah rakshit mahendrabhai... - - 4.28 4.28 4.28
veeram vendors private li... 3.69 3.69 3.69 3.69 3.69
shah mahendra manchandlal... - - 0.42 - -
mahendrabhai manchandlal ... 0.35 0.35 - - -
rakshit mahendrabhai shah... 4.28 4.28 - - -
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 46.23 46.23 46.23 46.23 46.23
mohta sarita - - 7.31 8.69 9.24
rahul raman mohta - - - 1.23 1.32
hiten kirtilal shah 1.99 1.99 1.99 1.99 -
jigish kirtilal shah 1.66 1.66 1.66 1.21 -
vivid mercantile limited 9.20 3.07 2.77 2.60 -
mithalal kacharalal praja... 1.16 1.16 - - -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Veeram Securities - Quaterly Results 24 Oct, 12:00 PM Veeram Securities - Quaterly Results 24 Oct, 12:00 PM Veeram Securities - Quaterly Results 24 Oct, 12:00 PM Veeram Securities informs about board meeting 16 Sep, 12:51 PM Veeram Securities - Quaterly Results 13 Aug, 6:40 PM Veeram Securities - Quaterly Results 13 Feb, 3:33 PM Veeram Securities - Quaterly Results 13 Feb, 3:33 PM Veeram Securities - Quaterly Results 13 Feb, 3:33 PM Veeram Securities informs about newspaper publication 15 Dec, 4:53 PM Veeram Securities informs about board meeting 2 Dec, 2:18 PM Veeram Securities - Quaterly Results 4 Nov, 6:43 PM Veeram Securities - Quaterly Results 4 Nov, 6:43 PM Veeram Securities - Quaterly Results 8 Jul, 7:12 PM Veeram Securities informs about compliance certificate 19 Apr, 1:48 PM Veeram Securities informs about revised outcome of board meeting 4 Mar, 4:01 PM Veeram Securities informs about newspaper publication 4 Feb, 3:25 PM Veeram Securities - Quaterly Results 3 Feb, 6:28 PM Veeram Securities - Quaterly Results 3 Feb, 6:28 PM Veeram Securities - Quaterly Results 17 Oct, 6:56 PM Veeram Securities - Quaterly Results 17 Oct, 6:56 PM Veeram Securities - Quaterly Results 17 Oct, 6:56 PM Veeram Securities informs about disclosure 27 Jul, 10:12 AM Veeram Securities informs about disclosure 4 Jun, 3:19 PM Veeram Securities informs about book closure 10 Mar, 5:12 PM Veeram Securities informs about notice of EGM 10 Mar, 5:08 PM Veeram Securities informs about appointment of independent director 14 Dec, 5:19 PM Veeram Securities informs about compliance certificate 11 Oct, 4:43 PM Veeram Securities informs about submission of notice of AGM 7 Sep, 4:40 PM Veeram Securities submits AGM notice 7 Sep, 4:00 PM Veeram Securities informs about compliance certificate 12 Jul, 4:03 PM Veeram Securities informs about financial results 6 Jul, 5:19 PM Veeram Securities informs about 9th AGM 9 Dec, 10:37 AM Veeram Securities informs about annual report 8 Dec, 3:19 PM Veeram Securities informs about 9th AGM 8 Dec, 3:09 PM

Veeram Securities Stock Price Analysis and Quick Research Report. Is Veeram Securities an attractive stock to invest in?

Around 2% of India's total population invests in financial assets. The penetration of the mutual fund industry in India is close to 7% (Based on the number of PAN cardholders). This under penetration of the mutual fund industry offers a huge opportunity for the industry to grow.

Migration to financial savings, wider distribution and sustainable performance are expected to enable growth in the industry.

Also, increasing financial literacy among investors, digitization and the number of mediums available tend to attract more investors to invest in the financial markets.

Veeram Securities stock price today is Rs 9.29. To understand the functions of the Veeram Securities better, you must go through the following points:

Key Financials –

  • Profitability: Profit margin (PAT margin) of the company shows how well a company controls its cost. It is one of the important indicators to show the financial health of the company. Net profit of the company is Rs 2.4618337 Cr and the compounded growth of profit in the past 3 years is -5.62723302934632 %. The PAT margin of Veeram Securities is 12.7358 %.

  • EPS growth: Investors should ensure the EPS figure is growing faster than revenue numbers because it indicates company management is increasing the efficiency with which it runs the company. In Veeram Securities , the EPS grew by 37.6321 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): Veeram Securities has a average ROE track record. The ROE of Veeram Securities is at 11.8186 % for the latest year.

  • P/E Ratio: Relative valuation metrics like the P/E ratio can be used to see if the stock of Veeram Securities is worth at the current levels at Rs 9.29. Veeram Securities is trading at a current P/E ratio of 24.7647 and the average historical P/E for the last 5 years was 18.4369888959496.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Veeram Securities is trading at a P/B of 2.9749 . The average historical P/B for the last 5 years was 2.63655705283539. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

  • Share Price: - The current share price of Veeram Securities is Rs 9.29. One can use valuation calculators of ticker to know if Veeram Securities share price is undervalued or overvalued.

Last Updated on:
Brief about Veeram Securities
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