BSE: 0 | NSE: VINSYS | IT - Software | Small Cap
Past 10 year’s financial track record analysis by Moneyworks4me indicates that Vinsys IT Services India Ltd is a below average quality company.
The key valuation ratios of Vinsys IT Services India Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.
The Price Trend analysis by MoneyWorks4Me indicates it is Strong which suggest that the price of Vinsys IT Services India Ltd is likely to Rise 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'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|
| ROCE % ⓘ | 6.7% | 33.4% | 21% | - |
| Value Creation Index ⓘ | -0.5 | 1.4 | 0.5 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | ||||
| Sales ⓘ | 31 | 41.4 | 46 | 46 |
| Sales YoY Gr. | - | 33.6% | 11.1% | - |
| Adj EPS ⓘ | 0.9 | 5.9 | 6.7 | 6.7 |
| YoY Gr. | - | 550% | 14.5% | - |
| BVPS (₹) ⓘ | 5.9 | 10.4 | 50.4 | 50.4 |
| Adj Net Profit ⓘ | 0.9 | 5.9 | 9.8 | 10 |
| Cash Flow from Ops. ⓘ | -5.6 | 18.7 | -31.2 | - |
| Debt/CF from Ops. ⓘ | -3.7 | 1.2 | -0.5 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | NA | 11.1% | ||||
| Adj EPS ⓘ | NA | NA | NA | 14.5% | ||||
| BVPSⓘ | NA | NA | NA | 384.7% | ||||
| Share Price | - | - | - | 44.5% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|
| Return on Equity % ⓘ | 15.3 | 71.9 | 23.3 | 13.3 |
| Op. Profit Mgn % ⓘ | 10.4 | 25.1 | 29.5 | NAN |
| Net Profit Mgn % ⓘ | 2.9 | 14.1 | 21.4 | 21.4 |
| Debt to Equity ⓘ | 3.5 | 2.2 | 0.2 | - |
| Working Cap Days ⓘ | 0 | 203 | 298 | 0 |
| Cash Conv. Cycle ⓘ | 0 | 64 | 123 | 0 |
Debt to equity has declined versus last 3 years average to 0.20
Return on Equity has declined versus last 3 years average to 13.30%
Sales growth has been subdued in last 3 years 0.00%
Net Profit has been subdued in last 3 years 0.00%
Sales growth is not so good in last 4 quarters at 0.00%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 6.7 | 15.6 |
| TTM Sales (₹ Cr.) | 46 | 170 |
| BVPS (₹.) ⓘ | 50.4 | 68.8 |
| Reserves (₹ Cr.) ⓘ | 59 | 86 |
| P/BV ⓘ | 7.72 | 5.66 |
| PE ⓘ | 58.10 | 24.95 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 571 |
| Equity (₹ Cr.) | 14.7 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 36 |
| Pledged * | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|
| Sales | 31 | 41 | 46 |
| Operating Expenses ⓘ | 28 | 31 | 32 |
| Manufacturing Costs | 0 | 16 | 15 |
| Material Costs | 16 | 0 | 0 |
| Employee Cost | 10 | 10 | 12 |
| Other Costs ⓘ | 1 | 5 | 5 |
| Operating Profit ⓘ | 3 | 10 | 14 |
| Operating Profit Margin (%) | 10.3% | 25.0% | 29.5% |
| Other Income ⓘ | 0 | 0 | 2 |
| Interest ⓘ | 1 | 2 | 2 |
| Depreciation ⓘ | 0 | 1 | 2 |
| Exceptional Items ⓘ | -1 | 0 | 0 |
| Profit Before Tax ⓘ | 0 | 8 | 11 |
| Tax ⓘ | 0 | 2 | 1 |
| Profit After Tax | 0 | 6 | 10 |
| PAT Margin (%) | 0.2% | 14.1% | 21.4% |
| Adjusted EPS (₹) | 0.1 | 5.8 | 6.7 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% |
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 6 | 10 | 74 | |||||||
| Share Capital ⓘ | 1 | 10 | 15 | |||||||
| Reserves ⓘ | 5 | 0 | 59 | |||||||
| Minority Interest | 0 | 0 | 0 | |||||||
| Debt | 19 | 22 | 14 | |||||||
| Long Term Debt | 7 | 14 | 13 | |||||||
| Short Term Debt | 12 | 7 | 0 | |||||||
| Trade Payables | 2 | 1 | 1 | |||||||
| Others Liabilities ⓘ | 4 | 11 | 6 | |||||||
| Total Liabilities ⓘ | 32 | 44 | 94 | |||||||
Fixed Assets | ||||||||||
| Gross Block | 10 | 18 | 21 | |||||||
| Accumulated Depreciation | 8 | 9 | 11 | |||||||
| Net Fixed Assetsⓘ | 2 | 8 | 10 | |||||||
| CWIP ⓘ | 2 | 9 | 12 | |||||||
| Investmentsⓘ | 0 | 7 | 12 | |||||||
| Inventories | 0 | 0 | 0 | |||||||
| Trade Receivables | 8 | 11 | 22 | |||||||
| Cash Equivalents | 0 | 0 | 4 | |||||||
| Others Assetsⓘ | 19 | 8 | 34 | |||||||
| Total Assets ⓘ | 32 | 44 | 94 | |||||||
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | -6 | 19 | -31 |
| PBT ⓘ | 0 | 8 | 11 |
| Adjustment ⓘ | 1 | 2 | 2 |
| Changes in Working Capital ⓘ | -7 | 9 | -42 |
| Tax Paid ⓘ | 0 | -1 | -2 |
| Cash Flow From Investing Activity ⓘ | 0 | -20 | -10 |
| Capex | -1 | -14 | -7 |
| Net Investments | 0 | -7 | -3 |
| Others ⓘ | 1 | 1 | 0 |
| Cash Flow From Financing Activityⓘ | 5 | 1 | 45 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 54 |
| Net Proceeds from Borrowing ⓘ | 6 | 0 | 0 |
| Interest Paid ⓘ | -1 | -1 | -2 |
| Dividend Paid ⓘ | 0 | 0 | 0 |
| Others ⓘ | 0 | 2 | -8 |
| Net Cash Flow ⓘ | 0 | 0 | 4 |
| PARTICULARS | Mar'22 | Mar'23 | Mar'24 | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | 1.15 | 71.62 | 23.32 | |||||||
| ROCE (%) | 6.72 | 33.44 | 21.02 | |||||||
| Asset Turnover Ratio | 1.11 | 1.09 | 0.66 | |||||||
| PAT to CFO Conversion(x) | N/A | 3.17 | -3.1 | Working Capital Days | ||||||
| Receivable Days | 80 | 83 | 133 | |||||||
| Inventory Days | 0 | 0 | 0 | |||||||
| Payable Days | 44 | 0 | 0 | |||||||
The company was originally incorporated as ‘Vinsys IT Services India Private Limited’ as a private limited company under the provisions of the Companies Act, 1956 vide Certificate of Incorporation dated January 11, 2008 issued by the Registrar of Companies, Maharashtra, Pune. Subsequently, pursuant to a special resolution passed by its Shareholders in the Extra-Ordinary General Meeting held on May 10, 2023 the company was converted from a private limited company to public limited company and consequently, the name of the company was changed to ‘Vinsys IT Services India Limited’ and a fresh certificate of incorporation dated May 12, 2023 was issued to the company by the Registrar of Companies, Pune.
Its Promoters have experience of many years in Digital Learning, Training and certification industry. Driven by the passion for building an integrated digital learning and affiliated IT solutions company, backed by their experience, its Promoters have been the pillars of the company's growth and have built a strong value system for the company. With their enriching experience and progressive thinking, it aims to continue to grow in the training and digital learning industry.
Incorporated in 2008, Vinsys IT Services India Limited is a part of Vinsys Group, headquartered in Pune, Maharashtra. Since inception, Vinsys Group has been dedicated to IT skill development, tranings and certification. The company is engaged in IT business. Its core competence include Training and Certifications, Digital Learning, Project Management and technology training. Vinsys IT is dedicated to becoming an accredited training service provider to meet the growing demand for training and workforce development. Vinsys specializes in corporate training and consulting across a broad range of domains. It is a trusted partner with CompTIA, Hybris Software, EC-Council, Red Hat, Oracle, CISCO, IBM, PECB, Autodesk, Skillsoft, AWS, PMI, PRINCE2, ISACA, ITIL, PeopleCert, Citrix and Microsoft in many countries, with a strong presence in India, USA and UAE. It also have footprints by delivering services in Saudi Arabia, Oman, Qatar, Australia, Kenya, Tanzania, Singapore and Malaysia.
Business area of the company
The company is engaged in IT business. Its core competence include training and certifications, digital learning, project management and technology training.
Services of the company
History and milestone
MoneyWorks4Me rating and ranking of funds for SIP is available to subscribers only. Moneyworks4Me is not a rating and ranking agency, however it is required that users have a way of selecting funds and building a Portfolio. The method used by it are described below to enable users to understand the logic behind the rating and ranking Subscriber will find more details on this in the various content made available from time to time. In case you need more please write to besafe@moneyworks4Me.com
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.
Make an informed decision for Stocks
Invest using an intelligent system with powerful data-driven tools that help you identify opportunities and make informed buy-hold-sell decisions
Buy quality Stocks when they are available at reasonable prices and supported by an upward price trend and Sell when they are Overvalued using the Decizen Rating System. Covers 3500+ stocks
Limited to the first 10 users today!
Practical Stock Investing Hand Book
By - Raymond Moses
Founder of MoneyWorks4Me | Consultant | Trainer | Author | TEDx Speaker
Register & Get Instant Access!Don't miss out! First 10 users today get it FREE
With this 4 hrs Masterclass, you’ll be able to:
Download APP
