Past 10 year's financial track record analysis by Moneyworks4me indicates that Vasa Denticity Ltd is a average quality company.
The key valuation ratios of Vasa Denticity 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 Semi Strong which suggest that the price of Vasa Denticity Ltd is likely to Rise-somewhat 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 % ⓘ | 20% | 29.1% | 95% | 80.1% | 45.7% | - |
| Value Creation Index ⓘ | 0.4 | 1.1 | 5.8 | 4.7 | 2.3 | - |
Growth Parameters ⓘGrowth Parameters Colour Code Guide ⓘ | ||||||
| Sales ⓘ | 30.4 | 40.1 | 76.9 | 123 | 172 | 172 |
| Sales YoY Gr. | - | 31.7% | 92% | 60.3% | 39.4% | - |
| Adj EPS ⓘ | 0.1 | 0.3 | 4.1 | 5.8 | 9.2 | 9.2 |
| YoY Gr. | - | 200% | 1400% | 42% | 60.2% | - |
| BVPS (₹) ⓘ | 0.2 | 0.5 | 4.7 | 12.3 | 42.7 | 59.4 |
| Adj Net Profit ⓘ | 0.1 | 0.3 | 4.9 | 7.4 | 14.8 | 15 |
| Cash Flow from Ops. ⓘ | 0.8 | -0.5 | 0.2 | 1.7 | -10.7 | - |
| Debt/CF from Ops. ⓘ | 0.8 | -4.3 | 14.1 | 0.6 | -0 | - |
CAGR Colour Code Guide ⓘ
| 9 Years | 5 Years | 3 Years | 1 Years | |||||
|---|---|---|---|---|---|---|---|---|
| Sales ⓘ | NA | NA | 62.5% | 39.4% | ||||
| Adj EPS ⓘ | NA | NA | 224.3% | 60.2% | ||||
| BVPSⓘ | NA | NA | 343.2% | 246.4% | ||||
| Share Price | - | - | - | 0.1% | ||||
Performance Ratio Colour Code Guide ⓘ
| Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | TTM | |
|---|---|---|---|---|---|---|
| Return on Equity % ⓘ | 41 | 74.9 | 156.1 | 68.5 | 35.1 | 18.1 |
| Op. Profit Mgn % ⓘ | 0.8 | 1.2 | 7.3 | 8.4 | 11.1 | 9.5 |
| Net Profit Mgn % ⓘ | 0.4 | 0.8 | 6.4 | 6 | 8.6 | 8.8 |
| Debt to Equity ⓘ | 2.4 | 3.3 | 0.6 | 0.1 | 0 | 0 |
| Working Cap Days ⓘ | 0 | 42 | 52 | 60 | 85 | 32 |
| Cash Conv. Cycle ⓘ | 0 | 4 | 16 | 26 | 48 | 24 |
Sales growth is growing at healthy rate in last 3 years 62.48%
Net Profit is growing at healthy rate in last 3 years 224.31%
Sales growth is good in last 4 quarters at 23.81%
Return on Equity has declined versus last 3 years average to 18.10%
| Standalone | Consolidated | |
|---|---|---|
| TTM EPS (₹) | 9.2 | 9.2 |
| TTM Sales (₹ Cr.) | 172 | 172 |
| BVPS (₹.) ⓘ | 59.4 | 59.4 |
| Reserves (₹ Cr.) ⓘ | 81 | 81 |
| P/BV ⓘ | 10.43 | 10.44 |
| PE ⓘ | 67.22 | 67.23 |
| From the Market | |
|---|---|
| 52 Week Low / High (₹) | 0.00 / 0.00 |
| All Time Low / High (₹) | - / - |
| Market Cap (₹ Cr.) | 1,013 |
| Equity (₹ Cr.) | 16.4 |
| Face Value (₹) | 10 |
| Industry PE ⓘ | 69 |
| Pledged * | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|
| Sales | 30 | 40 | 77 | 123 | 172 |
| Operating Expenses ⓘ | 30 | 40 | 71 | 113 | 153 |
| Manufacturing Costs | 2 | 2 | 5 | 8 | 9 |
| Material Costs | 24 | 34 | 58 | 93 | 125 |
| Employee Cost | 2 | 2 | 4 | 7 | 8 |
| Other Costs ⓘ | 2 | 2 | 4 | 5 | 10 |
| Operating Profit ⓘ | 0 | 0 | 6 | 10 | 19 |
| Operating Profit Margin (%) | 0.8% | 1.2% | 7.3% | 8.4% | 11.1% |
| Other Income ⓘ | 0 | 0 | 0 | 0 | 1 |
| Interest ⓘ | 0 | 0 | 0 | 0 | 0 |
| Depreciation ⓘ | 0 | 0 | 0 | 1 | 1 |
| Exceptional Items ⓘ | 0 | 0 | 0 | 0 | 0 |
| Profit Before Tax ⓘ | 0 | 0 | 5 | 10 | 19 |
| Tax ⓘ | 0 | 0 | 0 | 2 | 4 |
| Profit After Tax | 0 | 0 | 5 | 8 | 15 |
| PAT Margin (%) | 0.3% | 0.8% | 6.5% | 6.2% | 8.8% |
| Adjusted EPS (₹) | 0.1 | 0.3 | 4.1 | 5.9 | 9.4 |
| Dividend Payout Ratio (%) | 0% | 0% | 0% | 0% | 0% |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
Equity and Liabilities | ||||||||||
| Shareholders Fund | 0 | 1 | 6 | 16 | 68 | |||||
| Share Capital ⓘ | 0 | 0 | 0 | 13 | 16 | |||||
| Reserves ⓘ | 0 | 0 | 6 | 3 | 52 | |||||
| Minority Interest | 0 | 0 | 0 | 0 | 0 | |||||
| Debt | 1 | 2 | 2 | 0 | 0 | |||||
| Long Term Debt | 0 | 0 | 1 | 0 | 0 | |||||
| Short Term Debt | 1 | 2 | 1 | 0 | 0 | |||||
| Trade Payables | 3 | 3 | 5 | 7 | 11 | |||||
| Others Liabilities ⓘ | 1 | 1 | 6 | 4 | 6 | |||||
| Total Liabilities ⓘ | 5 | 7 | 19 | 27 | 85 | |||||
Fixed Assets | ||||||||||
| Gross Block | 0 | 1 | 1 | 3 | 4 | |||||
| Accumulated Depreciation | 0 | 0 | 0 | 1 | 2 | |||||
| Net Fixed Assetsⓘ | 0 | 0 | 1 | 2 | 2 | |||||
| CWIP ⓘ | 0 | 0 | 0 | 0 | 1 | |||||
| Investmentsⓘ | 0 | 0 | 0 | 0 | 12 | |||||
| Inventories | 2 | 3 | 10 | 18 | 34 | |||||
| Trade Receivables | 1 | 1 | 1 | 1 | 11 | |||||
| Cash Equivalents | 0 | 1 | 2 | 1 | 14 | |||||
| Others Assetsⓘ | 1 | 2 | 6 | 5 | 11 | |||||
| Total Assets ⓘ | 5 | 7 | 19 | 27 | 85 | |||||
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 |
|---|---|---|---|---|---|
| Cash Flow From Operating Activity ⓘ | 1 | 0 | 0 | 2 | -11 |
| PBT ⓘ | 0 | 0 | 5 | 10 | 19 |
| Adjustment ⓘ | 0 | 0 | 1 | 1 | 0 |
| Changes in Working Capital ⓘ | 1 | -1 | -5 | -6 | -25 |
| Tax Paid ⓘ | 0 | 0 | 0 | -2 | -5 |
| Cash Flow From Investing Activity ⓘ | 0 | -1 | 0 | -1 | -22 |
| Capex | 0 | 0 | -1 | -2 | -2 |
| Net Investments | 0 | -1 | 0 | 0 | -21 |
| Others ⓘ | 0 | 0 | 0 | 1 | 0 |
| Cash Flow From Financing Activityⓘ | 0 | 1 | 1 | 0 | 36 |
| Net Proceeds from Shares ⓘ | 0 | 0 | 0 | 3 | 37 |
| Net Proceeds from Borrowing ⓘ | 0 | 0 | 1 | -1 | 0 |
| Interest Paid ⓘ | 0 | 0 | 0 | 0 | 0 |
| Dividend Paid ⓘ | 0 | 0 | 0 | 0 | 0 |
| Others ⓘ | 0 | 1 | 0 | -1 | -1 |
| Net Cash Flow ⓘ | 0 | 0 | 1 | 1 | 3 |
| PARTICULARS | Mar'20 | Mar'21 | Mar'22 | Mar'23 | Mar'24 | |||||
|---|---|---|---|---|---|---|---|---|---|---|
| Ratios | ||||||||||
| ROE (%) | N/A | 74.91 | 157.99 | 70.53 | 35.83 | |||||
| ROCE (%) | N/A | 29.07 | 95.04 | 80.11 | 45.74 | |||||
| Asset Turnover Ratio | 6.38 | 6.91 | 5.92 | 5.3 | 3.05 | |||||
| PAT to CFO Conversion(x) | N/A | N/A | 0 | 0.25 | -0.73 | Working Capital Days | ||||
| Receivable Days | 10 | 7 | 5 | 3 | 13 | |||||
| Inventory Days | 27 | 23 | 30 | 41 | 55 | |||||
| Payable Days | 44 | 31 | 25 | 24 | 27 | |||||
The company was originally incorporated as Private Limited Company in the name of ‘Vasa Denticity Private Limited’ under the provisions of the Companies Act, 2013 vide Certificate of Incorporation dated August 29, 2016 issued by Registrar of Companies, Central Registration Centre. Subsequently, The company was converted into a public limited company and the name of the company was changed from ‘Vasa Denticity Private Limited’ to ‘Vasa Denticity Limited’ vide special resolution passed by the Shareholders at the Extra Ordinary General Meeting held on March 01, 2023. A fresh certificate of incorporation consequent upon conversion from private company to public company dated March 15, 2023 was issued by the Registrar of Companies, Delhi.
The company is in the business of marketing and distribution of a comprehensive portfolio of dental products including consumables, instruments, equipment, and accessories for diagnosing, treating and preventing dental conditions as well as improving the aesthetics of the human smile through its online portal ‘Dentalkart.com’. The same is operated through its website and mobile application ‘Dentalkart’. It operates an online channel housing in many domestic and international brands with a comprehensive product range of more than thousands dental products.
The company operates through a centralized distribution hub located in Gurugram, India. Through its website and mobile application - ‘Dentalkart.com’, it sells a broad range of dental products including dental consumables such as adhesives, filling materials, and impression materials; dental equipment such as chairs, x-ray machines, and autoclaves; and dental instruments such as forceps, probes, and mirrors. Apart from third party brands, it also market and sell under its own private label portfolio of cost-effective, high-quality dental products in the areas of orthodontics, endodontics and oral surgery such as Metal Bracket Kit, EDTA (Ethylenediaminetetraacetic acid), dental instrument etc. The breadth and depth of its products offerings address majority of the dentists’ clinical needs for dental materials.
Business area of the company
Vasa Denticity is in the business of marketing and distribution of a comprehensive portfolio of dental products including consumables, instruments, equipment, and accessories for diagnosing, treating and preventing dental conditions as well as improving the aesthetics of the human smile through its online portal ‘Dentalkart.com’.
Products of the company
Consumables:
Instruments:
Equipment:
Awards, accreditations or recognition
History and milestones
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
Claim your FREE 15-day access to the most practical investing handbook.
Hurry, limited to the first 10 users today!
FREE Become a savvy and confident
stock investor.
Hurry, limited to the first 10 users today!
Download APP
