Veefin Solutions

₹296.9 1.3 | 0.4%

WEBSITE BSE:543931 NSE : VEEFIN 18 May, 12:50

Market Cap ₹670 Cr.

Stock P/E 0.0

P/B 5.5

Current Price ₹296.9

Book Value ₹ 54.3

Face Value 10

52W High ₹409.8

Dividend Yield 0%

52W Low ₹ 85.1

Edit Ratio

Veefin Solutions Research see more...

Overview Inc. Year: 2020Industry: IT - Software

Veefin Solutions Ltd is a dynamic and innovative technology company that specializes in providing cutting-edge software solutions and IT services to businesses across various industries. With a strong focus on delivering exceptional results, Veefin Solutions helps companies streamline their operations, enhance productivity, and achieve their strategic goals. The company offers a comprehensive range of services, including software development, web and mobile application development, cloud computing solutions, data analytics, and IT consulting. Their team of highly skilled professionals combines technical expertise with a deep understanding of business processes to deliver customized solutions that meet the unique needs of each client. Veefin Solutions prides itself on its commitment to quality, reliability, and customer satisfaction. By leveraging the latest technologies and industry best practices, they empower organizations to stay ahead of the competition and adapt to the rapidly evolving digital landscape. With a customer-centric approach and a passion for innovation, Veefin Solutions is poised to be a leading player in the technology solutions market.

Veefin Solutions Share Price

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Peer Comparison

Veefin Solutions Quarterly Results

#(Fig in Cr.)
Net Sales
Other Income
Total Income
Total Expenditure
Operating Profit
Interest
Depreciation
Exceptional Income / Expenses
Profit Before Tax
Provision for Tax
Profit After Tax
Adjustments
Profit After Adjustments
Adjusted Earnings Per Share

Veefin Solutions Profit & Loss

#(Fig in Cr.)	Mar 2022	Mar 2023
Net Sales	7	14
Other Income	0	0
Total Income	7	14
Total Expenditure	5	9
Operating Profit	1	6
Interest	0	0
Depreciation	0	0
Exceptional Income / Expenses	0	0
Profit Before Tax	1	5
Provision for Tax	0	1
Profit After Tax	1	4
Adjustments	0	0
Profit After Adjustments	1	4
Adjusted Earnings Per Share	0.6	2.3

Growth Rates

#	1 Year	3 Year	5 Year	10 Year
Sales CAGR	100%	0%	0%	0%
Operating Profit CAGR	500%	0%	0%	0%
PAT CAGR	300%	0%	0%	0%

#	1 Year	3 Year	5 Year	10 Year
Share Price CAGR	NA%	NA%	NA%	NA%
ROE Average	17%	13%	13%	13%
ROCE Average	19%	13%	13%	13%

Veefin Solutions Balance Sheet

#(Fig in Cr.)	Mar 2022	Mar 2023
Shareholder's Funds	9	44
Minority's Interest	0	0
Borrowings	4	1
Other Non-Current Liabilities	0	2
Total Current Liabilities	3	5
Total Liabilities	16	52
Fixed Assets	14	41
Other Non-Current Assets	0	0
Total Current Assets	2	10
Total Assets	16	52

Veefin Solutions Cash Flow

#(Fig in Cr.)	Mar 2022	Mar 2023
Opening Cash & Cash Equivalents	0	0
Cash Flow from Operating Activities	0	-0
Cash Flow from Investing Activities	-6	-24
Cash Flow from Financing Activities	6	26
Net Cash Inflow / Outflow	0	1
Closing Cash & Cash Equivalent	0	1

Veefin Solutions Ratios

#	Mar 2022	Mar 2023
Earnings Per Share (Rs)	0.63	2.33
CEPS(Rs)	0.75	2.46
DPS(Rs)	0	0
Book NAV/Share(Rs)	6.49	22.7
Core EBITDA Margin(%)	16.79	36.92
EBIT Margin(%)	14.24	38.19
Pre Tax Margin(%)	13.94	37.84
PAT Margin (%)	13.94	30.38
Cash Profit Margin (%)	16.54	31.99
ROA(%)	5.6	12.58
ROE(%)	9.7	16.76
ROCE(%)	7.17	18.57
Receivable days	46.11	107.31
Inventory Days	0	0
Payable days	0	0
PER(x)	0	0
Price/Book(x)	0	0
Dividend Yield(%)	0	0
EV/Net Sales(x)	0.49	1.29
EV/Core EBITDA(x)	2.9	3.25
Net Sales Growth(%)	0	114.95
EBIT Growth(%)	0	476.54
PAT Growth(%)	0	368.28
EPS Growth(%)	0	270.78
Debt/Equity(x)	0.38	0.02
Current Ratio(x)	0.53	2.01
Quick Ratio(x)	0.53	2.01
Interest Cover(x)	48.82	110.16
Total Debt/Mcap(x)	0	0

Veefin Solutions Shareholding Pattern

#	Sep 2023	Mar 2024
Promoter	39.84	39.84
FII	0.05	0
DII	1.16	1.95
Public	58.96	58.21
Others	0	0
Total	100	100

#	Sep 2023	Mar 2024
Promoter	0.84	0.84
FII	0	0
DII	0.02	0.04
Public	1.25	1.23
Others	0	0
Total	2.12	2.12

Pros

Company has reduced debt.
Company is almost debt free.

Cons

Promoter holding is low: 39.84%.
Company has a low return on equity of 13% over the last 3 years.
Stock is trading at 5.5 times its book value.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.