VEERAM SECURITIES LIMITED |
Market Closed -
Other stock markets
|
5-day change | 1st Jan Change | ||
| 9.41 INR | 0.00% |
|
+3.29% | +7.54% |
| Apr. 23 | Veeram Securities Limited Announces Cessation of Jyoti Goel as Company Secretary and Compliance Officer | CI |
| Mar. 29 | Veeram Securities Limited Approves Change the Registered Office | CI |
Valuation
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Capitalization 1 | 185.3 | 206.9 | 215.9 | 477.4 | 799.3 | 569.6 |
| Enterprise Value (EV) 1 | 124.4 | 115 | 158.1 | 454.6 | 795.5 | 567.5 |
| P/E ratio | 24.2 x | 67.6 x | 19.8 x | 15.6 x | 20.1 x | 31.9 x |
| Yield | 1.16% | - | - | - | - | - |
| Capitalization / Revenue | 0.67 x | 1.33 x | 1.04 x | 2.16 x | 3.9 x | 3.05 x |
| EV / Revenue | 0.45 x | 0.74 x | 0.76 x | 2.06 x | 3.88 x | 3.04 x |
| EV / EBITDA | 16.6 x | 61.9 x | 14 x | 12.5 x | 17.7 x | 25.8 x |
| EV / FCF | 2.68 x | 3.98 x | 10.4 x | -6.39 x | -25.8 x | 3,920 x |
| FCF Yield | 37.4% | 25.1% | 9.63% | -15.7% | -3.88% | 0.03% |
| Price to Book | 1.86 x | 1.99 x | 1.88 x | 3.16 x | 4.35 x | 2.91 x |
| Nbr of stocks (in thousands) | 75,641 | 75,641 | 75,641 | 79,391 | 75,641 | 75,641 |
| Reference price 2 | 2.450 | 2.735 | 2.855 | 6.013 | 10.57 | 7.530 |
| Announcement Date | 10/18/18 | 9/5/19 | 12/8/20 | 9/7/21 | 9/8/22 | 9/6/23 |
1INR in Million2INR
Estimates
Income Statement Evolution (Annual data)
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net sales 1 | 277.9 | 155.1 | 207 | 220.8 | 204.8 | 186.8 |
| EBITDA 1 | 7.515 | 1.858 | 11.26 | 36.45 | 44.83 | 22.03 |
| EBIT 1 | 7.479 | 1.834 | 10.64 | 35.02 | 44.58 | 21.53 |
| Operating Margin | 2.69% | 1.18% | 5.14% | 15.86% | 21.76% | 11.52% |
| Earnings before Tax (EBT) 1 | 10.19 | 4.173 | 13.93 | 36.22 | 44.85 | 23.19 |
| Net income 1 | 7.656 | 3.06 | 10.93 | 29.29 | 39.85 | 17.89 |
| Net margin | 2.76% | 1.97% | 5.28% | 13.27% | 19.46% | 9.58% |
| EPS 2 | 0.1012 | 0.0405 | 0.1445 | 0.3867 | 0.5267 | 0.2360 |
| Free Cash Flow 1 | 46.46 | 28.91 | 15.23 | -71.17 | -30.88 | 0.1448 |
| FCF margin | 16.72% | 18.64% | 7.36% | -32.24% | -15.08% | 0.08% |
| FCF Conversion (EBITDA) | 618.27% | 1,556.06% | 135.24% | - | - | 0.66% |
| FCF Conversion (Net income) | 606.86% | 944.66% | 139.33% | - | - | 0.81% |
| Dividend per Share 2 | 0.0285 | - | - | - | - | - |
| Announcement Date | 10/18/18 | 9/5/19 | 12/8/20 | 9/7/21 | 9/8/22 | 9/6/23 |
1INR in Million2INR
Estimates
Balance Sheet Analysis
| Fiscal Period: March | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
|---|---|---|---|---|---|---|
| Net Debt 1 | - | - | - | - | - | - |
| Net Cash position 1 | 60.9 | 91.9 | 57.8 | 22.8 | 3.73 | 2.11 |
| Leverage (Debt/EBITDA) | - | - | - | - | - | - |
| Free Cash Flow 1 | 46.5 | 28.9 | 15.2 | -71.2 | -30.9 | 0.14 |
| ROE (net income / shareholders' equity) | 7.96% | 3% | 9.98% | 22.6% | 24.3% | 9.42% |
| ROA (Net income/ Total Assets) | 3.98% | 0.76% | 3.48% | 12.2% | 16.6% | 6.93% |
| Assets 1 | 192.6 | 403.3 | 313.9 | 241 | 240.1 | 258.1 |
| Book Value Per Share 2 | 1.320 | 1.370 | 1.520 | 1.900 | 2.430 | 2.590 |
| Cash Flow per Share 2 | 0.4600 | 0.7800 | 0.3100 | 0.2400 | 0.0100 | 0.0300 |
| Capex 1 | 0.05 | - | - | - | 81.5 | 6.05 |
| Capex / Sales | 0.02% | - | - | - | 39.77% | 3.24% |
| Announcement Date | 10/18/18 | 9/5/19 | 12/8/20 | 9/7/21 | 9/8/22 | 9/6/23 |
1INR in Million2INR
Estimates
EPS & Dividend
Year-on-year evolution of the PER
Change in Enterprise Value/EBITDA
| 1st Jan change | Capi. | |
|---|---|---|
| +7.54% | 8.52M | |
| +12.99% | 5.07B | |
| -7.29% | 4.31B | |
| -3.70% | 3.22B | |
| +32.45% | 2.3B | |
| -7.97% | 1.44B | |
| -52.77% | 1B | |
| -4.82% | 763M | |
| +10.71% | 665M | |
| -16.23% | 468M |
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