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VLS Finance Overview

VLS Finance Ltd affords diverse economic offerings in India. The agency’s corporate consulting and advisory services consist of private placement of equities, debentures, and preference share and bonds with banks, financial establishments, overseas institutional traders, mutual funds, corporates, and high net worth clients; advising on the structuring of schemes for raising debts in the form of fixed income securities; projects reports, opinions, and appraisals from financial establishments/banks; syndication of term loans, operating cap...Read More

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VLS Finance Key Financials

Market Cap ₹724 Cr.

Stock P/E 15.7

P/B 0.3

Current Price ₹230.7

Book Value ₹ 818.4

Face Value 10

52W High ₹339.9

Dividend Yield 0.65%

52W Low ₹ 200.2

VLS Finance Share Price

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Volume
Price

VLS Finance Quarterly Price

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VLS Finance Peer Comparison

VLS Finance Quarterly Results

#(Fig in Cr.) Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025
Operating Revenue 84 113 98 130 79 -58 -49 99 11 29
Other Income 6 2 2 2 4 -3 3 2 3 2
Total Income 90 115 101 132 83 -61 -46 100 14 32
Total Expenditure 6 6 7 7 17 15 6 5 6 6
Operating Profit 83 109 93 125 66 -76 -52 95 8 25
Interest Expense 0 0 0 0 0 0 0 0 0 0
Depreciation 1 1 2 1 1 1 1 1 1 1
Profit Before Tax 82 107 91 124 65 -77 -53 94 7 24
Provision for Tax 12 19 17 30 14 -19 -13 23 -0 6
Profit After Tax 70 88 74 93 51 -58 -40 71 7 18
Adjustments -0 0 0 0 -0 0 -0 0 0 0
Profit After Adjustments 70 88 74 93 51 -58 -40 71 7 18
Adjusted Earnings Per Share 20.1 25.2 21.2 26.7 15 -17.1 -11.7 20.8 2.1 5.3

VLS Finance Profit & Loss

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025 TTM
Operating Revenue 4625 1915 2694 2162 2992 3370 221 229 82 407 103 90
Other Income 1 5 7 6 0 5 1 3 2 12 7 10
Total Income 4625 1920 2701 2168 2992 3376 222 232 84 419 110 100
Total Expenditure 4617 1908 2631 2132 3004 3379 14 21 22 27 47 23
Operating Profit 9 12 70 36 -12 -4 209 212 62 392 63 76
Interest Expense 0 2 0 0 0 0 0 0 0 0 0 0
Depreciation 0 0 0 1 1 1 1 1 4 6 4 4
Profit Before Tax 8 10 58 30 -13 -5 208 210 58 386 58 72
Provision for Tax 1 1 13 4 -9 -44 -14 -0 2 62 12 16
Profit After Tax 7 9 44 25 -4 39 221 210 56 324 46 56
Adjustments -0 -0 0 -0 1 -5 -0 -0 0 0 0 0
Profit After Adjustments 7 9 44 25 -3 34 221 210 56 324 46 56
Adjusted Earnings Per Share 1.8 2.3 11.4 6.5 -0.9 8.8 57.3 54.4 15.9 93.2 13.6 16.5

Growth Rates

# 1 Year 3 Year 5 Year 10 Year
Sales CAGR -75% -23% -50% -32%
Operating Profit CAGR -84% -33% 0% 21%
PAT CAGR -86% -40% 3% 21%
# 1 Year 3 Year 5 Year 10 Year
Share Price CAGR -3% 10% 22% 20%
ROE Average 2% 5% 7% 6%
ROCE Average 2% 6% 7% 7%

VLS Finance Balance Sheet

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Shareholder's Funds 234 243 282 303 1286 1752 2431 2965 2501 2983 2472
Minority's Interest 0 0 0 0 2 3 4 -0 -0 -0 -0
Borrowings 0 0 0 0 0 0 0 0 0 0 0
Current Liability 4 19 7 10 12 5 3 10 9 9 12
Other Liabilities & Provisions 31 23 48 18 360 437 639 750 591 561 227
Total Liabilities 268 285 338 330 1659 2197 3077 3725 3100 3552 2711
Loans 0 0 0 0 0 0 0 0 0 8 8
Investments 211 240 273 257 1572 2042 2803 3434 2751 3158 2211
Fixed Assets 7 1 10 10 9 9 9 27 25 67 65
Other Loans 19 18 31 33 30 82 29 61 61 13 5
Other Non Current Assets 0 0 0 2 4 7 9 0 0 7 4
Current Assets 32 25 24 28 44 57 227 202 197 236 356
Total Assets 268 285 338 330 1659 2197 3077 3725 3100 3552 2711

VLS Finance Cash Flow

#(Fig in Cr.) Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Opening Cash & Cash Equivalents 4 2 3 9 14 17 22 109 78 45 29
Cash Flow from Operating Activities -30 -17 -12 -21 -22 -104 166 165 7 194 200
Cash Flow from Investing Activities 27 4 35 17 30 113 -72 -185 27 -197 137
Cash Flow from Financing Activities 0 14 -17 -0 -5 -5 -6 -11 -68 -13 -44
Net Cash Inflow / Outflow -2 1 6 -4 3 4 88 -31 -34 -15 293
Closing Cash & Cash Equivalent 2 3 9 5 17 22 109 78 45 29 322

VLS Finance Ratios

# Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Mar 2025
Earnings Per Share (Rs) 1.84 2.29 11.43 6.51 -0.89 8.8 57.25 54.37 15.89 93.21 13.59
CEPS(Rs) 1.97 2.41 11.52 6.67 -0.93 10.45 57.46 54.76 17.1 94.85 14.9
DPS(Rs) 0 0 1 1 1 1.5 1.5 1.5 1.5 2.5 1.5
Book NAV/Share(Rs) 60.43 62.72 72.94 78.25 332.54 453.04 628.84 766.95 709.8 857.14 726.8
Net Profit Margin 0.15 0.46 1.64 1.16 -0.14 1.16 100.17 91.67 68.21 79.68 44.85
Operating Margin 0.18 0.61 2.15 1.37 -0.44 -0.14 94.08 91.59 70.9 94.94 56.81
PBT Margin 0.17 0.51 2.14 1.37 -0.44 -0.14 94.05 91.58 70.71 94.89 56.65
ROA(%) 2.81 3.2 14.2 7.54 -0.42 2.04 8.39 6.18 1.64 9.75 1.48
ROE(%) 3.25 3.71 16.85 8.61 -0.53 2.58 10.58 7.79 2.05 11.83 1.69
ROCE(%) 3.71 4.75 21.39 10.11 -1.64 -0.31 9.94 7.78 2.13 14.09 2.15
Price/Earnings(x) 18.8 13.6 5.44 10.2 0 3.65 1.43 2.94 9.36 2.59 15
Price/Book(x) 0.57 0.5 0.85 0.85 0.17 0.07 0.13 0.21 0.21 0.28 0.28
Dividend Yield(%) 0 0 1.61 1.51 1.72 4.67 1.83 0.94 1.01 1.03 0.74
EV/Net Sales(x) 0.03 0.07 0.09 0.12 0.07 0.03 0.94 2.36 5.66 1.97 3.45
EV/Core EBITDA(x) 15.38 11 3.32 6.94 -16.64 -28.62 0.99 2.55 7.44 2.04 5.64
Interest Earned Growth(%) 21.15 -58.6 40.69 -19.72 38.36 12.65 -93.44 3.78 -64.22 396 -74.69
Net Profit Growth 91.72 24.19 399.87 -43.03 -116.61 1038.95 463.97 -5.03 -73.38 479.47 -85.75
EPS Growth(%) 91.74 24.19 399.91 -43.06 -113.72 1085.27 550.81 -5.03 -70.78 486.66 -85.43
Interest Coverage(x) % 35.2 5.99 209.24 2652.92 -1374.67 -72.56 3154.71 6483.08 382.5 1879.56 349.84

VLS Finance Shareholding Pattern

# Dec 2023 Mar 2024 Jun 2024 Sep 2024 Dec 2024 Mar 2025 Jun 2025 Sep 2025 Dec 2025 Mar 2026
Promoter 50.84 50.84 50.84 52.02 52.02 52.02 52.02 52.02 52.02 56.38
FII 0.52 0.73 1.07 2.13 2.03 1.99 1.93 1.91 1.3 1.32
DII 0.03 0.03 0.03 0.03 0.03 0.04 0.04 0.05 0.05 0.05
Public 48.6 48.39 48.06 45.81 45.92 45.95 46.01 46.02 46.63 42.25
Others 0 0 0 0 0 0 0 0 0 0
Total 100 100 100 100 100 100 100 100 100 100

VLS Finance News

VLS Finance Pros & Cons

Pros

  • Stock is trading at 0.3 times its book value
  • Company is almost debt free.

Cons

  • Company has a low return on equity of 5% over the last 3 years.
  • The company has delivered a poor profit growth of 3% over past five years.
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