Vdeal System Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: VDEAL | Electric Equipment | Small Cap

BSE Share Price
Not Listed

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Vdeal System stock performance -

mw4me loader
P/E Ratio (SA):
27.81
Market Cap:
86.6 Cr.
52-wk low:
0
52-wk high:
0

Is Vdeal System Ltd an attractive stock to invest in?

1. Is Vdeal System Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Vdeal System Ltd is a average quality company.

2. Is Vdeal System Ltd undervalued or overvalued?

The key valuation ratios of Vdeal System Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Vdeal System Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Vdeal System Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Vdeal System:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
Vdeal System Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 12.3%12.4%25.3%42.3%-
Value Creation
Index
-0.1-0.10.82.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 14.116.220.726.226
Sales YoY Gr.-14.5%28.1%26.5%-
Adj EPS 0.70.73.49.56.4
YoY Gr.-1.4%373.2%182.7%-
BVPS (₹) 6.47.110.419.249.8
Adj Net
Profit
0.20.21.13.13
Cash Flow from Ops. 1.4-0.11.11.4-
Debt/CF from Ops. 4.6-525.67-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA22.9%26.5%
Adj EPS NANA138.5%182.7%
BVPSNANA44.4%84%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
1110.538.464.218.5
Op. Profit
Mgn %
9.49.11221.1NAN
Net Profit
Mgn %
1.61.45.311.911.9
Debt to
Equity
32.81.81.5-
Working Cap
Days
01531552150
Cash Conv.
Cycle
07874600

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 22.88%

Net Profit is growing at healthy rate in last 3 years 138.53%

Debt to equity has declined versus last 3 years average to 1.50

Return on Equity has declined versus last 3 years average to 18.50%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Vdeal System Ltd.

Standalone Consolidated
TTM EPS (₹) 6.4 -
TTM Sales (₹ Cr.) 26.2 -
BVPS (₹.) 49.8 -
Reserves (₹ Cr.) 19 -
P/BV 3.55 -
PE 27.81 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 86.6
Equity (₹ Cr.) 4.9
Face Value (₹) 10
Industry PE 91.8

Management X-Ray of Vdeal System:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Vdeal System

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24
Sales14.1316.1820.7226.22
Operating Expenses 12.7914.7118.2520.69
Manufacturing Costs0.260.320.360.44
Material Costs10.6512.1815.2916.83
Employee Cost 1.261.241.601.80
Other Costs 0.630.9611.63
Operating Profit 1.331.482.485.53
Operating Profit Margin (%) 9.4%9.1%12.0%21.1%
Other Income 0.050.050.030.03
Interest 0.720.750.831.10
Depreciation 0.360.480.190.20
Exceptional Items 0000
Profit Before Tax 0.310.311.494.26
Tax 0.080.080.391.15
Profit After Tax 0.230.231.103.11
PAT Margin (%) 1.6%1.4%5.3%11.9%
Adjusted EPS (₹)0.70.73.49.5
Dividend Payout Ratio (%)0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 2.092.323.426.29
Share Capital 0.300.300.303.28
Reserves 1.792.023.123.01
Minority Interest0000
Debt5.264.944.247.38
Long Term Debt1.712.071.013.60
Short Term Debt3.552.873.223.77
Trade Payables2.802.404.899.30
Others Liabilities 1.441.772.904.31
Total Liabilities 11.5911.4215.4427.28

Fixed Assets

Gross Block4.184.334.454.77
Accumulated Depreciation1.141.621.622
Net Fixed Assets3.032.722.832.77
CWIP 0000
Investments 0000
Inventories3.154.635.788
Trade Receivables3.623.375.9812.55
Cash Equivalents 1.040.280.370.33
Others Assets0.740.440.483.63
Total Assets 11.5911.4215.4427.28

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 1.37-0.121.121.35
PBT 0.310.311.494.26
Adjustment 11.080.911.10
Changes in Working Capital 0.14-1.49-1.22-3.59
Tax Paid -0.07-0.03-0.06-0.42
Cash Flow From Investing Activity -1.06-0.11-0.08-3.63
Capex -1.10-0.16-0.12-0.32
Net Investments 0000
Others 0.040.050.03-3.31
Cash Flow From Financing Activity -0.13-0.53-0.942.24
Net Proceeds from Shares 0000
Net Proceeds from Borrowing -0.540.36-1.052.59
Interest Paid -0.69-0.66-0.76-0.92
Dividend Paid 0000
Others 1.10-0.230.870.58
Net Cash Flow 0.18-0.760.09-0.04
PARTICULARSMar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)10.9710.4938.3964.16
ROCE (%)12.2912.3825.2542.28
Asset Turnover Ratio1.431.651.811.45
PAT to CFO Conversion(x)5.96-0.521.020.43
Working Capital Days
Receivable Days806770109
Inventory Days69757881
Payable Days967887154

Vdeal System Ltd Stock News

Vdeal System Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vdeal System on 01-Jan-1970 05:30 is ₹0.00.
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 01-Jan-1970 05:30 the market cap of Vdeal System stood at ₹86.61.
The latest P/E ratio of Vdeal System as of 01-Jan-1970 05:30 is 27.81.
The latest P/B ratio of Vdeal System as of 01-Jan-1970 05:30 is 3.55.
The 52-week high of Vdeal System is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vdeal System is ₹26.22 ( Cr.) .

About Vdeal System Ltd

Vdeal System Limited was originally incorporated on December 10, 2009 as a private limited company in the name and style of ‘Swastik Energy System Private Limited’ under the provisions of the Companies Act, 1956 vides Certificate of Incorporation issued by the Registrar of Companies, Cuttack. Later, the Company acquired the ongoing business of a partnership firm M/s. Vdeal System having principal place of business at Plot No. 358/3476, 357/3457, Jaydev Vihar, Bhubaneswar, Orissa vide Takeover Agreement dated April 01, 2017 and where one of its promoter Dhiraj Kochar was partner. Subsequently, the name of the Company was changed from ‘Swastik Energy Private Limited’ to ‘Vdeal System Private Limited’ vide Special Resolution passed by the shareholders in the Extra - Ordinary General Meeting of the company held on April 04, 2017 and a fresh Certificate of Incorporation dated April 21, 2017 pursuant to change of name was issued by the Registrar of Companies, Cuttack. Further, the company was converted into a Public Limited Company pursuant to Special Resolution passed by the Shareholders of the Company at the Extra - Ordinary General Meeting held on January 16, 2024 and consequently the name of the company was changed from ‘Vdeal System Private Limited’ to ‘Vdeal System Limited’ and a fresh Certificate of Incorporation dated May 20, 2024 pursuant to conversion from Private Limited Company to Public Limited Company was issued by the Registrar of Companies, Central Registration Centre.

The company, is an ISO 9001:2015 certified, providing solutions in Smart Low Voltage (LV) panels, Smart Medium Voltage (MV) panels, Smart Variable Frequency Drive (VFD) panels, Medium Voltage (MV) Soft Starter, Energy Management System (EMS) and Smart Programmable Logic Controller (PLC) panels, Air insulated & Sandwich busducts backed by In-house Product design & development, manufacturing, system integration, servicing of automation solutions and smart electrical control panels that adhere to high international IEC standards of quality and safety. The company has business relationships with global electrical players. Such strategic tie ups with renowned brand owners give it the competitive edge over its competitors. The company is a growing Integrated Electrical and Automation solution provider dealing in comprehensive electrical solutions across industries with significant presence in multiple Industry segments. Its products are supplied to industry players through a business-to-business (B2B) model.

The company is also fueling the next wave of AI (Artificial Intelligence) and ML (Machine Learning)-driven innovation solution that can integrate IOT (Internet of things), AI and ML into a Cloud based Software as a Service (SaaS) Model. Over the past few years, IoT has become one of the most important technologies of the 21st century through which everyday objects like kitchen appliances, cars, thermostats, baby monitors can be connected to the internet via embedded devices. Hence, by providing IoT solutions, the company aims to integrate seamless communication between people, processes, and things.

Business area of the company

The company specializes in providing solutions in Smart LV panels, Smart MV panels, Smart VFD panels, Smart PLC panels, Air insulated & Sandwich bus ducts backed by In-house Product design & development, manufacturing, system integration, servicing of automation solutions and smart electrical control panels that adhere to high international IEC standards of quality and safety.

Products of the company

  • LV Panel
  • MV Panels
  • Automation Panels
  • Bus Ducts

Awards, accreditations and recognitions

  • 2006: Best Performance Award for ‘Drives’ from ABB India Ltd. 
  • 2012: Certificate of Appreciation for outstanding contribution in the promotion and sale of Discrete Automation & Motion Products by ABB India Ltd. 
  • 2021: Appointed as Authorised Value Provider by ABB India for Exchange Units, Installation & Commissioning, Preventive Maintenance, Retrofits, Technical Support & Repairs and Upgrades. 
  • 2022: Appointed as Channel Partner of ABB India Ltd. to sell Low Power Drives and Automation Products and Drives Service in Bhubaneshwar. 
  • 2023: Appointed as Authorised Franchise of L&T Electrical & Automation to manufacture and sale Low Voltage Switchgear and Controlgear assemblies in ENERSYS design conforming to L&T’s design and manufacturing guidelines with L&T components & switchgear products. 
  • 2024: Appointed as Channel Partner of ABB India Ltd. to sell Low Power Drives and Automation Products in Bhubaneshwar.

History and milestones

  • 2009: Incorporation of the company in the name and style of ‘Swastik Energy System Private Limited’.
  • 2017: Acquisition of Partnership Firm M/s Vdeal System, where one of its promoter Dhiraj Kochar was partner. 
  • 2017: Change in name of the company from Swastik Energy System Private Limited to Vdeal System Private Limited.
  • 2018: Turnover of the company crossed Rs 10 crore. 
  • 2022: Received ISO 9001:2015 Certification for the Manufacturing and Service of Electrical Control Panel. 
  • 2023: Turnover of the company crossed Rs 20 crore. 
  • 2024: Company converted from Private Limited Company to Public Limited Company vide Special Resolution passed at Extra-Ordinary General Meeting held on January 16, 2024.

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