Price
Financials
Consolidated, Rs crore| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 2.05 | 1.95 | 2.87 | 2.50 | 2.71 | 1.80 | 1.45 | 1.99 | 1.88 | 1.92 | 1.11 | 1.88 |
| Expenses | 2.09 | 1.97 | 2.08 | 2.37 | 2.55 | 2.17 | 2.01 | 2.07 | 2.17 | 2.20 | 3.18 | 2.24 |
| Operating Profit | -0.04 | -0.02 | 0.79 | 0.13 | 0.16 | -0.37 | -0.56 | -0.08 | -0.29 | -0.28 | -2.07 | -0.36 |
| OPM % | -1.95% | -1.03% | 27.53% | 5.20% | 5.90% | -20.56% | -38.62% | -4.02% | -15.43% | -14.58% | -186.49% | -19.15% |
| Other Income | 0.21 | 0.22 | 0.08 | 0.14 | 0.20 | 0.13 | 0.17 | 0.14 | 0.07 | 0.04 | 0.73 | 0.04 |
| Interest | 0.10 | 0.09 | 0.11 | 0.12 | 0.10 | 0.13 | 0.08 | 0.11 | 0.09 | 0.09 | 0.07 | 0.03 |
| Depreciation | 0.06 | 0.06 | 0.07 | 0.06 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.05 | 0.06 |
| Profit before tax | 0.01 | 0.05 | 0.69 | 0.09 | 0.19 | -0.44 | -0.54 | -0.12 | -0.38 | -0.40 | -1.46 | -0.41 |
| Tax % | 0.00% | 0.00% | -1.45% | 0.00% | 0.00% | 0.00% | 0.00% | 16.67% | -2.63% | 2.50% | -0.68% | 0.00% |
| Net Profit | 0.01 | 0.05 | 0.69 | 0.09 | 0.19 | -0.44 | -0.54 | -0.13 | -0.37 | -0.41 | -1.44 | -0.40 |
| EPS in Rs | 0.00 | 0.00 | 0.05 | 0.01 | 0.01 | -0.03 | -0.04 | -0.01 | -0.02 | -0.03 | -0.10 | -0.03 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5.81 | 7.47 | 8.17 | 7.38 | 6.32 | 8.59 | 9.21 | 8.09 | 8.86 | 8.83 | 6.90 | 6.79 |
| Expenses | 5.87 | 6.57 | 7.07 | 6.91 | 9.87 | 7.48 | 7.79 | 7.45 | 7.79 | 9.08 | 9.63 | 9.79 |
| Operating Profit | -0.06 | 0.90 | 1.10 | 0.47 | -3.55 | 1.11 | 1.42 | 0.64 | 1.07 | -0.25 | -2.73 | -3.00 |
| OPM % | -1.03% | 12.05% | 13.46% | 6.37% | -56.17% | 12.92% | 15.42% | 7.91% | 12.08% | -2.83% | -39.57% | -44.18% |
| Other Income | 0.40 | 0.52 | 0.57 | 0.58 | 0.30 | 0.74 | 0.34 | 0.29 | 0.23 | 0.28 | 0.98 | 0.88 |
| Interest | 0.60 | 0.65 | 0.67 | 0.52 | 0.62 | 0.80 | 1.12 | 1.22 | 0.59 | 0.47 | 0.36 | 0.28 |
| Depreciation | 0.35 | 0.29 | 0.25 | 0.20 | 0.39 | 0.38 | 0.36 | 0.27 | 0.25 | 0.27 | 0.26 | 0.25 |
| Profit before tax | -0.61 | 0.48 | 0.75 | 0.33 | -4.26 | 0.67 | 0.28 | -0.56 | 0.46 | -0.71 | -2.37 | -2.65 |
| Tax % | 0.00% | 0.00% | 0.00% | 3.03% | 0.00% | 0.00% | 0.00% | -1.79% | -2.17% | 0.00% | 0.00% | |
| Net Profit | -0.61 | 0.48 | 0.75 | 0.31 | -4.25 | 0.67 | 0.28 | -0.55 | 0.47 | -0.70 | -2.37 | -2.62 |
| EPS in Rs | -0.04 | 0.03 | 0.05 | 0.02 | -0.29 | 0.05 | 0.02 | -0.04 | 0.03 | -0.05 | -0.16 | -0.18 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 2% | -4% | -5% | -15% | ||
| Compounded Profit Growth | % | % | % | -185% | ||
| Stock Price CAGR | -1% | 12% | 4% | 0% | ||
| Return on Equity | -5% | -6% | -9% | -25% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 14.75 | 14.75 | 14.80 | 14.80 | 14.80 | 14.80 | 14.80 | 14.80 | 14.80 | 14.80 | 14.80 | 18.50 |
| Reserves | -2.54 | -3.14 | -2.66 | -1.91 | -1.76 | -6.09 | -5.44 | -5.16 | -5.72 | -5.27 | -6.00 | -8.37 |
| Borrowings | 1.76 | 2.60 | 2.84 | 4.04 | 3.36 | 4.04 | 6.16 | 6.34 | 9.39 | 5.02 | 5.48 | 5.98 |
| Other Liabilities | 9.25 | 9.68 | 13.99 | 12.49 | 14.29 | 12.48 | 24.76 | 33.24 | 30.60 | 25.28 | 21.67 | 19.86 |
| Total Liabilities | 23.22 | 23.89 | 28.97 | 29.42 | 30.69 | 25.23 | 40.28 | 49.22 | 49.07 | 39.83 | 35.95 | 35.97 |
| Fixed Assets | 2.15 | 1.97 | 1.75 | 1.55 | 1.46 | 2.26 | 1.94 | 1.63 | 1.52 | 1.52 | 1.30 | 1.65 |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 3.52 | 3.52 | 0.25 | 0.25 | 0.02 | 0.02 | 0.02 | 0.02 | 0.02 | 0.03 | 0.03 | 0.03 |
| Other Assets | 17.55 | 18.40 | 26.97 | 27.62 | 29.21 | 22.95 | 38.32 | 47.57 | 47.53 | 38.28 | 34.62 | 34.29 |
| Total Assets | 23.22 | 23.89 | 28.97 | 29.42 | 30.69 | 25.23 | 40.28 | 49.22 | 49.07 | 39.83 | 35.95 | 35.97 |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operating Activity | 1.00 | -0.94 | 1.18 | -0.16 | 1.51 | -0.06 | 3.52 | 9.65 | -8.42 | -15.08 | -0.44 | -0.59 |
| Cash from Investing Activity | 0.07 | 0.06 | 0.14 | 0.61 | -1.04 | 2.48 | -0.54 | -5.90 | 9.27 | 9.52 | 0.43 | -0.18 |
| Cash from Financing Activity | -0.59 | 0.28 | -0.46 | 1.13 | -0.53 | -0.39 | -0.45 | -0.72 | 1.97 | -4.91 | 0.11 | 3.58 |
| Net Cash Flow | 0.48 | -0.59 | 0.87 | 1.57 | -0.06 | 2.04 | 2.53 | 3.03 | 2.83 | -10.48 | 0.10 | 2.80 |
| Free Cash Flow | 0.98 | -1.10 | 1.11 | -0.22 | 1.39 | -0.61 | 3.42 | 9.56 | -8.54 | -15.15 | -0.48 | -0.74 |
| CFO/OP | -128% | 1,650% | 131% | -15% | 334% | -1% | 327% | 687% | -1,316% | -1,409% | 152% | 22% |
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 319.91 | 275.79 | 325.91 | 323.45 | 367.97 | 53.71 | 201.41 | 248.09 | 539.60 | 184.97 | 210.40 | 166.10 |
| Inventory Days | ||||||||||||
| Days Payable | ||||||||||||
| Cash Conversion Cycle | 319.91 | 275.79 | 325.91 | 323.45 | 367.97 | 53.71 | 201.41 | 248.09 | 539.60 | 184.97 | 210.40 | 166.10 |
| Working Capital Days | 422.25 | 385.10 | 455.39 | 386.89 | -121.17 | -436.04 | -379.87 | -745.85 | -509.83 | 154.07 | 147.98 | 83.58 |
| ROCE % | -1.59% | -0.14% | 7.74% | 8.96% | 5.10% | -24.97% | 10.40% | 8.89% | 3.83% | 6.08% | -1.51% | -12.04% |
| Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoters | 73.41% | 73.41% | 73.41% | 73.41% | 73.37% | 73.41% | 73.41% | 73.41% | 73.41% | 73.41% | 36.44% | 36.44% |
| Public | 26.59% | 26.59% | 26.59% | 26.59% | 26.64% | 26.60% | 26.59% | 26.59% | 26.59% | 26.60% | 63.56% | 63.57% |
| No. of Shareholders | 7,907 | 10,115 | 10,321 | 10,191 | 10,857 | 12,321 | 12,584 | 12,476 | 12,356 | 12,735 | 13,325 | 13,105 |
Fundamentals
Market Cap₹ 45.9 Cr.
Current Price₹ 3.10
Book Value₹ 0.68
ROCE-12.0 %
ROE-25.0 %
Dividend Yield0.00 %
Face Value₹ 2.00
Compounded Sales Growth (TTM)-15%
Compounded Profit Growth (TTM)-185%
Consolidated figures.
Valuation
Market capRs 46 Cr
Enterprise valueRs 41 Cr
Price to book4.52x
Price to sales6.74x
EV / sales6.11x
Earnings yield-5.73%
P/E, 3-year average36.53x
P/B, 3-year average2.31x
P/E, 5-year average50.78x
P/B, 5-year average1.96x
Profitability
Operating margin (excl. other income)-39.57%
Operating margin (incl. other income)-25.36%
EBITDA margin-31.22%
Pre-tax margin-39.03%
Net profit margin-38.59%
Net margin, latest quarter-21.28%
ROE-25.04%
ROCE-13.23%
ROA-6.59%
ROE, 3-year average-9.21%
ROCE, 3-year average-2.84%
ROA, 3-year average-2.46%
ROE, 5-year average-6.11%
ROCE, 5-year average0.84%
ROA, 5-year average-1.57%
ROIC (approx.)-40.37%
Other income / net worth9.67%
Growth
Sales growth (latest year)-21.86%
Sales CAGR, 3 years-5.17%
Sales CAGR, 5 years-4.29%
Sales growth QoQ69.37%
Sales growth YoY (latest quarter)-5.53%
Per share
EPS (TTM)Rs -0.18
EPS (latest quarter)Rs -0.03
EPS, 3-year averageRs -0.02
EPS, 5-year averageRs -0.02
Book value per shareRs 0.68
Sales per shareRs 0.46
Cash flow per shareRs -0.04
Free cash flow per shareRs -0.05
Efficiency
Asset turnover0.19x
Fixed asset turnover4.18x
Debtor days166 days
Debtors turnover2.20x
Cash conversion cycle166 days
Working capital days84 days
Leverage
Total debtRs 6 Cr
Cash and bankRs 10 Cr
Net debtRs -4 Cr
Debt to equity0.59x
Interest coverage-8.46x
Owners' fund to total sources28.16%
Debt to assets16.62%
Cash flow
Cash from Operating Activity (latest year)Rs -1 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs 4 Cr
Net Cash Flow (latest year)Rs 3 Cr
Free cash flow (latest year)Rs -1 Cr
FCFE (approx.: FCF + change in debt)Rs -0 Cr
Statement figures
Net sales (TTM)Rs 7 Cr
Net sales (latest year)Rs 7 Cr
Sales (latest quarter)Rs 2 Cr
Operating profit excl. other income (latest year)Rs -3 Cr
Operating profit (latest quarter)Rs -0 Cr
Other income (TTM)Rs 1 Cr
EBITDA (TTM)Rs -2 Cr
PBDT (TTM)Rs -2 Cr
Profit before tax (TTM)Rs -3 Cr
Net profit (TTM)Rs -3 Cr
Net profit (latest year)Rs -2 Cr
Net profit (latest quarter)Rs -0 Cr
Depreciation (TTM)Rs 0 Cr
Depreciation (latest quarter)Rs 0 Cr
Interest (TTM)Rs 0 Cr
Cost of goods sold (latest year)Rs 0 Cr
Total expenditure (latest year)Rs 10 Cr
Total income (latest year)Rs 8 Cr
Share capitalRs 18 Cr
ReservesRs -8 Cr
Shareholders' fundsRs 10 Cr
Total assetsRs 36 Cr
Net blockRs 2 Cr
InvestmentsRs 0 Cr
ReceivablesRs 3 Cr
Other liabilitiesRs 20 Cr
Shares outstanding (crore)14.80
Ownership
Promoter holding36.44% (-36.97 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/B 4.52 is at the 71th percentile (median 2.78).
Monthly. Market cap from split-adjusted price; profit and book value as reported by that month. A low percentile means cheap versus its own history, not cheap versus peers.
| Period | 531950 | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +1.3% | -2.8% | +4.1 pts |
| 1 month | -9.4% | -6.8% | -2.6 pts |
| 3 months | -17.2% | -7.6% | -9.5 pts |
| 3 years | +11.6% | +14.2% | -2.6 pts |
| 5 years | +78.6% | +27.9% | +50.7 pts |
Red flags
F-score 2 of 8| look | Repeated losses Net loss in each of the last two years |
Checks on the latest reported years: cash vs profit, accruals, receivables and inventory vs sales, dilution, debt, interest cover, equity, other income, losses, and auditor, top-management, insolvency and regulator filings in the last 12 months. A flag asks for an explanation; it is not a verdict.
Latest quarter
Jun 2026Sales ₹2 Cr -5.5% vs Jun 2025.
Net loss ₹0 Cr.
Activity
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| The Investment Trust of India Ltd | 473 | 14.5 | 8.54 % |
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No bulk or block deals on record.
No corporate actions on record.
No announcements in our files yet.
Company filings to NSE, newest first. Routine notices (trading window, newspaper copies) are left out. Click a row for the filing.
No short selling reported to NSE in our files.
Short sales disclosed by brokers to NSE, by trade date. Collected since late September 2026.
Not on any NSE surveillance list in the latest file.
Quick answers
What is the market cap of Vertex Securities Ltd?
Vertex Securities Ltd (531950) has a market capitalisation of Rs 45.9 Cr. at the 2026-10-01 close.
What were Vertex Securities Ltd's latest quarterly results?
In the Jun 2026 quarter, Vertex Securities Ltd sales was Rs 2 Cr (-5.5% vs Jun 2025) with a net loss of Rs 0 Cr.