BSE: 0 | NSE: VERTEXPLUS | IT - Software | Small Cap
Past 10 year's financial track record analysis by Moneyworks4me indicates that Vertexplus Technologies Ltd is a average quality company.
The key valuation ratios of Vertexplus Technologies Ltd's currently when compared to its past seem to suggest it is in the Fair zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Vertexplus Technologies Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.
Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.
| Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|
| ROCE % ⓘ | 25.6% | 28.5% | 33.2% | 15.1% | 5.8% | - |
| Value Creation Index ⓘ | 0.8 | 1.0 | 1.4 | 0.1 | -0.6 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | ||||||
| Sales ⓘ | 16.9 | 18.4 | 19.5 | 20.1 | 18.2 | 18 |
| Sales YoY Gr. | - | 8.9% | 6.1% | 2.9% | -9.2% | - |
| Adj EPS ⓘ | 2.2 | 2.8 | 5.1 | 3.8 | 1.3 | 1.3 |
| YoY Gr. | - | 27.4% | 78.5% | -24.7% | -65.7% | - |
| BVPS (₹) ⓘ | 11.1 | 14 | 19.4 | 41.9 | 43.2 | 43.2 |
| Adj Net Profit ⓘ | 0.9 | 1.1 | 2 | 2.1 | 0.7 | 1 |
| Cash Flow from Ops. ⓘ | 1.2 | 4 | 1.4 | -4.9 | 0.7 | - |
| Debt/CF from Ops. ⓘ | 1.8 | 0.6 | 2.1 | -1.4 | 4.4 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | -0.3% | -9.2% | ||||
| Adj EPS ⓘ | NA | NA | -22.7% | -65.7% | ||||
| BVPSⓘ | NA | NA | 45.6% | 3.1% | ||||
| Share Price | - | - | - | -32.5% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 20 | 22.7 | 30.4 | 13.7 | 3.1 | 3 |
| Op. Profit Mgn % ⓘ | 8.2 | 9.6 | 15.6 | 14.6 | 8.3 | NAN |
| Net Profit Mgn % ⓘ | 5.3 | 6.2 | 10.4 | 10.4 | 4 | 3.9 |
| Debt to Equity ⓘ | 0.5 | 0.4 | 0.4 | 0.3 | 0.1 | - |
| Working Cap Days ⓘ | 0 | 91 | 68 | 147 | 244 | 0 |
| Cash Conv. Cycle ⓘ | 0 | -8 | -7 | 18 | 40 | 0 |
No data to display
Return on Equity has declined versus last 3 years average to 3.00%
Sales growth has been subdued in last 3 years -0.27%
Net Profit has been subdued in last 3 years -22.73%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 1.3 | 1.2 |
| TTM Sales (₹ Cr.) | 18.2 | 19.2 |
| BVPS (₹.) ⓘ | 43.2 | 42.3 |
| Reserves (₹ Cr.) ⓘ | 18 | 18 |
| P/BV ⓘ | 2.55 | 2.61 |
| PE ⓘ | 84.47 | 96.29 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 60.4 |
| Equity (₹ Cr.) | 5.5 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 34.6 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|
| Sales | 16.87 | 18.37 | 19.49 | 20.06 | 18.22 |
| Operating Expenses ⓘ | 15.49 | 16.62 | 16.48 | 17.13 | 16.71 |
| Manufacturing Costs | 0.22 | 0.29 | 0.34 | 0.43 | 0.19 |
| Material Costs | 0 | 0 | 0 | 0 | 0 |
| Employee Cost | 13.66 | 14.84 | 13.61 | 14.63 | 12.43 |
| Other Costs ⓘ | 1.60 | 1.49 | 2.53 | 2.08 | 4.09 |
| Operating Profit ⓘ | 1.38 | 1.76 | 3.01 | 2.93 | 1.51 |
| Operating Profit Margin (%) | 8.2% | 9.6% | 15.5% | 14.6% | 8.3% |
| Other Income ⓘ | 0.47 | 0.46 | 0.36 | 0.53 | 0.70 |
| Interest ⓘ | 0.51 | 0.49 | 0.44 | 0.59 | 0.63 |
| Depreciation ⓘ | 0.17 | 0.16 | 0.32 | 0.43 | 0.58 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 1.16 | 1.56 | 2.61 | 2.44 | 1.01 |
| Tax ⓘ | 0.26 | 0.41 | 0.60 | 0.34 | 0.29 |
| Profit After Tax | 0.90 | 1.15 | 2.02 | 2.10 | 0.72 |
| PAT Margin (%) | 5.3% | 6.3% | 10.3% | 10.4% | 3.9% |
| Adjusted EPS (₹) | 2.3 | 2.9 | 5.0 | 3.8 | 1.3 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 4.44 | 5.59 | 7.76 | 22.95 | 23.66 | |||||
| Share Capital ⓘ | 0.01 | 0.01 | 4 | 5.48 | 5.48 | |||||
| Reserves ⓘ | 4.43 | 5.58 | 3.76 | 17.47 | 18.18 | |||||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | |||||
| Debt | 1.51 | 1.96 | 2.43 | 6.45 | 2.62 | |||||
| Long Term Debt | 0.37 | 0.36 | 0.56 | 0.31 | 0.52 | |||||
| Short Term Debt | 1.14 | 1.60 | 1.87 | 6.14 | 2.09 | |||||
| Trade Payables | 2.31 | 2.18 | 1.67 | 1.98 | 1.39 | |||||
| Others Liabilities ⓘ | 1.57 | 1.44 | 1.39 | 1.37 | 1.08 | |||||
| Total Liabilities ⓘ | 9.84 | 11.17 | 13.25 | 32.75 | 28.75 | |||||
Fixed Assets | ||||||||||
| Gross Block | 1.31 | 1.57 | 2.65 | 3.84 | 4.46 | |||||
| Accumulated Depreciation | 0.95 | 1.11 | 1.43 | 1.86 | 2.44 | |||||
| Net Fixed Assetsⓘ | 0.35 | 0.46 | 1.22 | 1.97 | 2.02 | |||||
| CWIP ⓘ | 0.47 | 0.47 | 1.52 | 4.48 | 9.41 | |||||
| Investmentsⓘ | 3.06 | 5.58 | 6.40 | 13.66 | 4.92 | |||||
| Inventories | 0 | 0 | 0 | 0 | 0 | |||||
| Trade Receivables | 2.43 | 1.96 | 2.34 | 4.12 | 4.15 | |||||
Cash Equivalents  ⓘ
| 0.10 | 1.33 | 0.16 | 0.37 | 0.33 | |||||
| Others Assetsⓘ | 3.42 | 1.38 | 1.60 | 8.13 | 7.93 | |||||
| Total Assets ⓘ | 9.84 | 11.17 | 13.25 | 32.75 | 28.75 | |||||
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 1.19 | 4.02 | 1.35 | -4.85 | 0.65 |
| PBT ⓘ | 1.16 | 1.56 | 2.61 | 2.44 | 1.01 |
| Adjustment ⓘ | 0.65 | 0.40 | 0.43 | 0.69 | 0.63 |
| Changes in Working Capital ⓘ | -0.63 | 2.46 | -1.69 | -7.29 | -0.41 |
| Tax Paid ⓘ | 0 | -0.40 | 0 | -0.67 | -0.57 |
| Cash Flow From Investing Activity ⓘ | -3.20 | -2.47 | -2.61 | -11.37 | 3.72 |
| Capex | -0.34 | -0.26 | -2.14 | -4.14 | -5.55 |
| Net Investments | -2.65 | -2.51 | -0.82 | -7.26 | 8.75 |
| Others ⓘ | -0.20 | 0.30 | 0.35 | 0.03 | 0.53 |
| Cash Flow From Financing Activityⓘ | -0.56 | -0.31 | 0.08 | 16.44 | -4.42 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 13.11 | 0 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 0 | 0 | 0 |
| Interest Paid ⓘ | -0.51 | -0.49 | -0.43 | -0.59 | -0.58 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | -0.06 | 0.18 | 0.52 | 3.92 | -3.84 |
| Net Cash Flow ⓘ | -2.57 | 1.23 | -1.18 | 0.22 | -0.05 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 20.27 | 22.98 | 30.19 | 13.65 | 3.07 | |||||
| ROCE (%) | 25.6 | 28.54 | 33.16 | 15.09 | 5.81 | |||||
| Asset Turnover Ratio | 1.71 | 1.75 | 1.6 | 0.87 | 0.59 | |||||
| PAT to CFO Conversion(x) | 1.32 | 3.5 | 0.67 | -2.31 | 0.9 | Working Capital Days | ||||
| Receivable Days | 53 | 44 | 40 | 59 | 83 | |||||
| Inventory Days | 0 | 0 | 0 | 0 | 0 | |||||
| Payable Days | 0 | 0 | 0 | 0 | 0 | |||||
Vertexplus Technologies was originally incorporated on October 20, 2010 as ‘Vertexplus Technologies Private Limited’ under the provisions of the Companies Act, 1956 with the Registrar of Companies, Rajasthan. Subsequently the company was converted into Public Limited Company and name of company was changed from “Vertexplus Technologies Private Limited” to “Vertexplus Technologies Limited” vide fresh certificate of incorporation dated July 25, 2022 issued by the Registrar of Companies, Jaipur. The company operates from its Registered Office situated at B-19, Ground Floor, 10-B Scheme, Gopalpura Road, Jaipur and development facilities at Jaipur and Noida.
VertexPlus endeavours to bring together creativity and knowledge with positive business strategy to furnish the requirements of diverse customers with an inclusive range of products and services which are comprehensive and cost effective so that the client can focus on their core-competencies to improve or expand their businesses. It has worked for numerous industries, realized their true potential and scale to global recognition.
The company is power up enterprises to think beyond the ordinary through an integrated, intelligent, technology stack that automates the processes and accelerates the operations. From small programming assignments, to an intensely complex project, or a niche solution, it is fully equipped to develop dynamic, integrated applications & systems that enable business to succeed, scale, expand along the measures they set for current and envision for ahead.
The company was originally promoted by Sandeep Kumar Pahariya and Niru Pahariya who were the initial subscribers to the Company’s Memorandum and Articles of Association and are the present promoters of the company.
Business area of the company
The company is engaged in consulting, outsourcing, infrastructure and digital solutions and services. It collaborates with companies to fulfil their ever-evolving Information Technology needs and support their business with its enabling solutions to strengthen their current capabilities and build pathways for sustainable growth. The company has experience across various industry sectors.
Service of the company
History and milestones
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MoneyWorks4Me rates and ranks mutual funds based on the following data-driven system:
Funds ranking in screeners: Performance Consistency and Quality are two parameters used for ranking funds for SIP. The ranking as follows GG, GO, GR, OG, OO, OR, RG, RO and RR.
With the same color-coded funds, the one with the higher Average 3-year rolling returns (over 5 to 10 years), the number that appears in the Performance tag, ranks higher.
Here is the summary:
The third tag Upside Potential is not relevant for SIP. It is relevant for lumpsum investments in Mutual Funds.
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