Veeram Securities

Veeram Securities Ltd.

BSE: 540252 SECTOR: Finance - Others  12k   58   4

9.77
-0.04 (-0.41%)
BSE: Today, 05:10 PM

Price Summary

Today's High

₹ 10.04

Today's Low

₹ 9.33

52 Week High

₹ 38.03

52 Week Low

₹ 0

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 73.9 Cr.

Advances

₹ 0 Cr.

No. of Shares

7.56 Cr.

P/E

41.31

P/B

3.77

Face Value

₹ 2

Div. Yield

0 %

Book Value (TTM)

₹  2.59

Operating Revenue

₹ 18.74 Cr.

Net Profit

₹ 3.99 Cr.

Promoter Holding

53 %

EPS (TTM)

₹  0.24

Sales Growth

-8.69

ROE

24.34 %

ROCE

27.39%

Profit Growth

36.06 %

Add Your Ratio

* 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 Year-8.69%
3 Year6.51%
5 Year20.34%

Profit Growth

1 Year36.06%
3 Year135.27%
5 Year68.27%

ROE%

1 Year24.34%
3 Year18.99%
5 Year13.51%

ROCE %

1 Year27.39%
3 Year22.8%
5 Year16.54%

ROA%

23.7631763621637

PEG Ratio

1.15

PAT Margin (%)

21.2670621453107

EPS Growth(%)

36.0622775665908

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 53 0
Dec 2022 53.77 0
Sep 2022 53.42 0
Jun 2022 53.42 0
Mar 2022 53.42 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • PAT margin has surged by 6.9943674549384%.
  • Company has maintained a good ROA of 15.2515536098019% in last 3 years.
  • Company has a healthy Return on Equity (ROE) track record of 18.9868313993351%.
  • TThe company has been maintaining a healthy ROCE of 22.7950981215065% since last 3 years.
  • Promoters shareholding is 53%.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Operating Revenue 3.98 3.68 7.49 4.45 3.08
Other Income 0.79 0.02 0.39 0.2 -0.44
Interest Expended 0 0 0 0 0
Operating Expenses 3.77 2.68 7.32 4.21 2.27
Total Provisions 0 0 0 0 0
Depreciation 0.04 0.02 0.02 0.02 -0.01
Profit Before Tax 0.96 1 0.54 0.41 0.37
Tax 0.15 0.2 0.29 0.08 -0.04
Net Profit 0.81 0.8 0.25 0.33 0.41

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

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Operating Income 27.79 15.51 19.96 20.52 18.74
Other Income 0.27 0.23 1.07 1.71 1.77
Interest 0 0 0 0.03 0
Operating Expenses 27.08 15.33 19.57 18.52 15.98
Total Provisions 0 0 0.07 0.05 0.04
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.98 0.42 1.39 3.62 4.49
Tax 0.25 0.11 0.3 0.69 0.5
Profit After Tax 0.73 0.31 1.09 2.93 3.99
Adjusted EPS (Rs.) 0.1 0.04 0.14 0.39 0.53

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 4.31 4.31 4.31 10.09 10.09
Total Reserves 5.68 6.09 7.19 4.29 8.29
Borrowings 0 0 0 0 0
Other N/C liabilities 0 0.74 0 -0.01 -0.01
Current liabilities 2.95 6.13 9.44 0.72 0.1
Total Liabilities 12.94 17.26 20.93 15.08 18.46
Assets
Loans 0 0 0 0 0
Net Block 0.02 0.02 5.32 2.27 10.39
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 12.91 17.24 15.6 12.81 8.08
Total Assets 12.94 17.26 20.93 15.08 18.46
* Other Non-current Liabilities include Net deferred Liabilities

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 53.42 53.42 53.42 53.77 53.00
pinal rakshitbhai ... 26.18 26.18 25.97 24.47 24.20
rakshit mahendra s... 18.85 18.85 18.65 18.05 16.49
rakshit mahendrabh... 4.28 4.28 4.07 3.48 3.48
veeram vendors pri... - 3.69 - - -
veeram vendors pri... 3.69 - - - -
mahendrabhai m s... - - 0.42 0.42 0.42
vasantbala mahendr... - - - - 0.42
shah mahendra manc... 0.42 - - - -
mahendrabhai manch... - - - - 0.35
mahendra manachan... 0.35 - - - -
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 46.58 46.58 46.58 46.23 47.00
ase capital mark... - - 5.81 6.93 18.20
vivid mercantile l... 11.74 12.11 - - -
vivid offset print... - - 15.07 13.68 5.85
mithalal kacharala... 3.64 3.66 1.91 1.91 1.91
hiten kirtilal shah 2.65 2.65 5.22 5.22 5.22
satishkumar ramanl... - - 3.93 3.97 -
alacrity securitie... - - 1.18 3.58 4.32
sagar rajeshbhai... - - - 4.18 2.58
veeram vendors pri... 3.69 - 1.91 - -
pinaben jigneshkum... - - 3.25 3.25 3.25
jigish kirtilal sh... 2.20 2.11 3.25 3.25 3.25
vrujal sagar jhave... - - - - 1.91
ase capital market... - - 1.67 - -
rakshit mahendra s... - - - - 1.53
odyssey corporatio... - - 1.36 1.36 1.36

Annual Reports

Ratings & Research Reports

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Company Presentations

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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.

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 3.9852701 Cr and the compounded growth of profit in the past 3 years is 135.270458364112 %. The PAT margin of Veeram Securities is 21.2670621453107 %.

  • 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 36.0622775665908 % YOY. 

 Financial Ratios –

  •  Return on Equity (ROE): The Company has a healthy ROE track record. The ROE of Veeram Securities is at 24.3350969393872 % 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 9.88. The stock is trading at a current P/E ratio of 2.67409000801383 and the average historical P/E for the last 5 years was 25.7156189073424.

  • P/B ratio can be one of the best metrics to value such companies. Currently, Veeram Securities is trading at a P/B of 3.8439 . The average historical P/B for the last 5 years was 2.27158036022953. This can be compared with the Market price per share in order to know if the stock is undervalued or overvalued.

Brief about Veeram Securities

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