Vertexplus Technologies Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: VERTEXPLUS | IT - Software | Small Cap

BSE Share Price
Not Listed

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Vertexplus Technologies stock performance -

mw4me loader
P/E Ratio (SA):
77.38
Market Cap:
55.3 Cr.
52-wk low:
0
52-wk high:
0

Is Vertexplus Technologies Ltd an attractive stock to invest in?

1. Is Vertexplus Technologies Ltd a good quality company?

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

2. Is Vertexplus Technologies Ltd undervalued or overvalued?

The key valuation ratios of Vertexplus Technologies Ltd's currently when compared to its past seem to suggest it is in the Fair zone.

3. Is Vertexplus Technologies Ltd a good buy now?

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.

10 Year X-Ray of Vertexplus Tech.:

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.
Vertexplus Technologies 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'20Mar'21Mar'22Mar'23Mar'24TTM
ROCE % 25.6%28.5%33.2%15.1%5.8%-
Value Creation
Index
0.81.01.40.1-0.6-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 16.918.419.520.118.218
Sales YoY Gr.-8.9%6.1%2.9%-9.2%-
Adj EPS 2.22.85.13.81.31.3
YoY Gr.-27.4%78.5%-24.7%-65.7%-
BVPS (₹) 11.11419.441.943.243.2
Adj Net
Profit
0.91.122.10.71
Cash Flow from Ops. 1.241.4-4.90.7-
Debt/CF from Ops. 1.80.62.1-1.44.4-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA-0.3%-9.2%
Adj EPS NANA-22.7%-65.7%
BVPSNANA45.6%3.1%
Share Price - - - -50.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'20Mar'21Mar'22Mar'23Mar'24TTM
Return on
Equity %
2022.730.413.73.13
Op. Profit
Mgn %
8.29.615.614.68.3NAN
Net Profit
Mgn %
5.36.210.410.443.9
Debt to
Equity
0.50.40.40.30.1-
Working Cap
Days
091681472440
Cash Conv.
Cycle
0-8-718400

Recent Performance Summary

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%

Latest Financials - Vertexplus Technologies Ltd.

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 2.34 2.39
PE 77.38 88.21
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 55.3
Equity (₹ Cr.) 5.5
Face Value (₹) 10
Industry PE 36

Management X-Ray of Vertexplus Tech.:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Vertexplus Tech.

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24
Sales16.8718.3719.4920.0618.22
Operating Expenses 15.4916.6216.4817.1316.71
Manufacturing Costs0.220.290.340.430.19
Material Costs00000
Employee Cost 13.6614.8413.6114.6312.43
Other Costs 1.601.492.532.084.09
Operating Profit 1.381.763.012.931.51
Operating Profit Margin (%) 8.2%9.6%15.5%14.6%8.3%
Other Income 0.470.460.360.530.70
Interest 0.510.490.440.590.63
Depreciation 0.170.160.320.430.58
Exceptional Items 00000
Profit Before Tax 1.161.562.612.441.01
Tax 0.260.410.600.340.29
Profit After Tax 0.901.152.022.100.72
PAT Margin (%) 5.3%6.3%10.3%10.4%3.9%
Adjusted EPS (₹)2.32.95.03.81.3
Dividend Payout Ratio (%)0%0%0%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24

Equity and Liabilities

Shareholders Fund 4.445.597.7622.9523.66
Share Capital 0.010.0145.485.48
Reserves 4.435.583.7617.4718.18
Minority Interest00000
Debt1.511.962.436.452.62
Long Term Debt0.370.360.560.310.52
Short Term Debt1.141.601.876.142.09
Trade Payables2.312.181.671.981.39
Others Liabilities 1.571.441.391.371.08
Total Liabilities 9.8411.1713.2532.7528.75

Fixed Assets

Gross Block1.311.572.653.844.46
Accumulated Depreciation0.951.111.431.862.44
Net Fixed Assets0.350.461.221.972.02
CWIP 0.470.471.524.489.41
Investments 3.065.586.4013.664.92
Inventories00000
Trade Receivables2.431.962.344.124.15
Cash Equivalents 0.101.330.160.370.33
Others Assets3.421.381.608.137.93
Total Assets 9.8411.1713.2532.7528.75

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24
Cash Flow From Operating Activity 1.194.021.35-4.850.65
PBT 1.161.562.612.441.01
Adjustment 0.650.400.430.690.63
Changes in Working Capital -0.632.46-1.69-7.29-0.41
Tax Paid 0-0.400-0.67-0.57
Cash Flow From Investing Activity -3.20-2.47-2.61-11.373.72
Capex -0.34-0.26-2.14-4.14-5.55
Net Investments -2.65-2.51-0.82-7.268.75
Others -0.200.300.350.030.53
Cash Flow From Financing Activity -0.56-0.310.0816.44-4.42
Net Proceeds from Shares 00013.110
Net Proceeds from Borrowing 00000
Interest Paid -0.51-0.49-0.43-0.59-0.58
Dividend Paid 00000
Others -0.060.180.523.92-3.84
Net Cash Flow -2.571.23-1.180.22-0.05
PARTICULARSMar'20Mar'21Mar'22Mar'23Mar'24
Ratios
ROE (%)20.2722.9830.1913.653.07
ROCE (%)25.628.5433.1615.095.81
Asset Turnover Ratio1.711.751.60.870.59
PAT to CFO Conversion(x)1.323.50.67-2.310.9
Working Capital Days
Receivable Days5344405983
Inventory Days00000
Payable Days00000

Vertexplus Technologies Ltd Stock News

Vertexplus Technologies Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vertexplus Tech. 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 Vertexplus Tech. stood at ₹55.34.
The latest P/E ratio of Vertexplus Tech. as of 01-Jan-1970 05:30 is 77.38.
The latest P/B ratio of Vertexplus Tech. as of 01-Jan-1970 05:30 is 2.34.
The 52-week high of Vertexplus Tech. is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vertexplus Tech. is ₹18.22 ( Cr.) .

About Vertexplus Technologies Ltd

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

  • Consulting Services
  • Technology Services
  • Infrastructure Services
  • Outsourcing Services

History and milestones

  • 2010-11: Incorporation of the Company in the name and style of “Vertexplus Technologies Private Limited”
  • 2013-14: Received ISO 9001:2008 for IT Solutions from Quest International Certification
  • 2017-18: Incorporated a Subsidiary in Singapore for expansion of business in Asia Pacific.
  • 2018-19: Received ISO/IEC 27001:2013 for technology consulting.
  • 2020-21: Set-up a new development facility at Noida
  • 2022-23: Converted into Public Limited Company vide fresh certificate of incorporation dated July 25, 2022.
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