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 | 31.13 | 15.84 | 22.97 | 22.29 | 25.04 | 29.49 | 28.97 | 31.11 | 21.62 | 26.42 | 49.53 | 22.12 |
| Expenses | 24.59 | 13.46 | 17.96 | 18.95 | 20.72 | 21.09 | 29.41 | 26.88 | 18.66 | 23.38 | 47.33 | 19.56 |
| Operating Profit | 6.54 | 2.38 | 5.01 | 3.34 | 4.32 | 8.40 | -0.44 | 4.23 | 2.96 | 3.04 | 2.20 | 2.56 |
| OPM % | 21.01% | 15.03% | 21.81% | 14.98% | 17.25% | 28.48% | -1.52% | 13.60% | 13.69% | 11.51% | 4.44% | 11.57% |
| Other Income | 0.00 | 0.00 | 0.08 | 0.00 | 0.00 | 0.00 | 0.14 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest | 0.01 | 0.00 | 0.19 | 0.12 | 0.12 | 0.18 | 0.73 | 0.23 | 0.22 | 0.20 | 0.71 | 0.15 |
| Depreciation | 2.53 | 0.94 | 2.41 | 0.52 | 0.54 | 3.96 | -1.75 | 0.96 | 0.96 | 0.96 | 0.96 | 0.91 |
| Profit before tax | 4.00 | 1.44 | 2.49 | 2.70 | 3.66 | 4.26 | 0.72 | 3.04 | 1.78 | 1.88 | 0.53 | 1.50 |
| Tax % | 21.75% | 23.61% | 12.45% | 24.81% | 25.41% | 26.06% | 31.94% | 28.95% | 31.46% | 13.30% | 62.26% | 26.00% |
| Net Profit | 3.13 | 1.11 | 2.19 | 2.03 | 2.74 | 3.15 | 0.49 | 2.15 | 1.22 | 1.62 | 0.21 | 1.10 |
| EPS in Rs | 1.37 | 0.48 | 0.96 | 0.89 | 1.20 | 1.37 | 0.21 | 0.92 | 0.52 | 0.69 | 0.09 | 0.47 |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 82 | 100 | 92 | 77 | 76 | 71 | 95 | 85 | 87 | 106 | 129 | 120 |
| Expenses | 70 | 84 | 66 | 61 | 62 | 56 | 78 | 69 | 70 | 90 | 116 | 109 |
| Operating Profit | 12 | 16 | 25 | 17 | 14 | 15 | 17 | 16 | 17 | 16 | 12 | 11 |
| OPM % | 15% | 16% | 28% | 22% | 18% | 21% | 18% | 19% | 19% | 15% | 10% | 9% |
| Other Income | 2 | 1 | 0 | 1 | 0 | 1 | 0 | 0 | 0 | 0 | 0 | 0 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 1 | 1 | 1 |
| Depreciation | 7 | 3 | 4 | 5 | 6 | 6 | 6 | 6 | 7 | 3 | 4 | 4 |
| Profit before tax | 6 | 14 | 22 | 13 | 8 | 10 | 11 | 10 | 10 | 11 | 7 | 6 |
| Tax % | 15% | 27% | 30% | 22% | 25% | 28% | 25% | 25% | 20% | 26% | 28% | |
| Net Profit | 5 | 10 | 15 | 10 | 6 | 7 | 8 | 8 | 8 | 8 | 5 | 4 |
| EPS in Rs | 3.81 | 7.20 | 9.41 | 4.36 | 2.73 | 3.05 | 3.62 | 3.31 | 3.44 | 3.62 | 2.22 | 1.77 |
| Dividend Payout % | 0% | 12% | 11% | 23% | 18% | 20% | 17% | 18% | 22% | 14% | 0% |
| 10 Years | 5 Years | 3 Years | TTM | 1 Year | Last Year | |
|---|---|---|---|---|---|---|
| Compounded Sales Growth | 5% | 13% | 15% | 4% | ||
| Compounded Profit Growth | 0% | -6% | -12% | -51% | ||
| Stock Price CAGR | -6% | -18% | -22% | -34% | ||
| Return on Equity | 8% | 6% | 5% | 3% |
| 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 | 14 | 16 | 23 | 23 | 23 | 23 | 23 | 23 | 23 | 23 |
| Reserves | 25 | 44 | 62 | 83 | 87 | 92 | 98 | 104 | 110 | 125 | 129 |
| Borrowings | 0 | 0 | 5 | 0 | 5 | 5 | 5 | 4 | 2 | 5 | 2 |
| Other Liabilities | 39 | 38 | 35 | 20 | 18 | 18 | 20 | 26 | 32 | 31 | 45 |
| Total Liabilities | 77 | 96 | 118 | 126 | 133 | 138 | 146 | 157 | 167 | 184 | 200 |
| Fixed Assets | 13 | 26 | 32 | 31 | 37 | 37 | 31 | 32 | 25 | 28 | 24 |
| CWIP | 0 | 0 | 0 | 8 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 64 | 70 | 86 | 88 | 96 | 102 | 115 | 125 | 142 | 157 | 176 |
| Total Assets | 77 | 96 | 118 | 126 | 133 | 138 | 146 | 157 | 167 | 184 | 200 |
| 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 | 9 | -7 | -8 | 4 | 8 | 3 | 10 | 5 | 0 | 3 |
| Cash from Investing Activity | 2 | -16 | -10 | -11 | -11 | -6 | -1 | -7 | 0 | -6 | -0 |
| Cash from Financing Activity | 0 | 10 | 11 | 20 | 6 | -2 | -2 | -3 | -4 | 7 | -3 |
| Net Cash Flow | 3 | 3 | -6 | 1 | -1 | 0 | 0 | 0 | 1 | 1 | -1 |
| Free Cash Flow | 0 | -7 | -17 | -19 | -7 | 3 | 2 | 3 | 5 | -6 | 3 |
| CFO/OP | 14% | 69% | -9% | -34% | 45% | 72% | 35% | 78% | 49% | 19% | 41% |
| Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 111 | 106 | 225 | 196 | 105 | 60 | 81 | 122 | 134 | 153 | 170 |
| Inventory Days | 110 | 152 | |||||||||
| Days Payable | 193 | 218 | |||||||||
| Cash Conversion Cycle | 28 | 40 | 225 | 196 | 105 | 60 | 81 | 122 | 134 | 153 | 170 |
| Working Capital Days | 106 | 98 | 198 | 334 | 263 | 271 | 291 | 349 | 406 | 396 | 294 |
| ROCE % | 29% | 31% | 14% | 8% | 8% | 9% | 8% | 8% | 9% | 6% |
| 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 | 35.98% | 35.98% | 35.98% | 35.98% | 35.98% | 35.98% | 35.53% | 35.16% | 35.16% | 35.16% | 35.16% | 35.16% |
| FIIs | 0.00% | 0.00% | 0.00% | 0.00% | 4.20% | 3.76% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| DIIs | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 2.92% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Public | 64.02% | 64.01% | 64.01% | 64.01% | 59.82% | 60.26% | 61.54% | 64.85% | 64.86% | 64.84% | 64.85% | 64.84% |
| No. of Shareholders | 13,202 | 12,748 | 15,320 | 15,138 | 15,280 | 14,714 | 16,611 | 16,619 | 16,085 | 15,716 | 15,415 | 15,924 |
Fundamentals
Market Cap₹ 52.7 Cr.
Current Price₹ 22.5
Stock P/E12.7
Book Value₹ 65.1
ROCE5.60 %
ROE3.45 %
Dividend Yield2.23 %
Face Value₹ 10.0
Compounded Sales Growth (TTM)4%
Compounded Profit Growth (TTM)-51%
Consolidated figures.
Valuation
Market capRs 52 Cr
Enterprise valueRs 49 Cr
P/E (TTM)12.53x
Price to book0.34x
Price to sales0.43x
EV / EBITDA4.60x
EV / EBIT7.10x
EV / sales0.41x
Price to cash flow18.44x
Earnings yield7.98%
P/E, 3-year average10.60x
P/B, 3-year average0.56x
P/E, 5-year average11.83x
P/B, 5-year average0.69x
Profitability
Operating margin (excl. other income)9.58%
Operating margin (incl. other income)9.69%
EBITDA margin8.99%
Pre-tax margin4.75%
Net profit margin3.47%
Net margin, latest quarter4.97%
ROE3.45%
ROCE5.60%
ROA2.71%
ROE, 3-year average5.17%
ROCE, 3-year average7.30%
ROA, 3-year average4.12%
ROE, 5-year average5.72%
ROCE, 5-year average7.79%
ROA, 5-year average4.64%
ROIC (approx.)3.34%
Tax rate28.08%
Other income / net worth0.09%
Growth
Sales growth (latest year)21.50%
Profit growth (latest year)-38.17%
Sales CAGR, 3 years14.78%
Sales CAGR, 5 years12.74%
Profit CAGR, 3 years-11.80%
Profit CAGR, 5 years-5.77%
Sales growth QoQ-55.34%
Profit growth QoQ423.81%
Sales growth YoY (latest quarter)-28.90%
Profit growth YoY (latest quarter)-48.84%
Per share
EPS (TTM)Rs 1.77
EPS (latest year)Rs 2.22
EPS (latest quarter)Rs 0.47
EPS, 3-year averageRs 3.09
EPS, 5-year averageRs 3.24
Book value per shareRs 65.11
Sales per shareRs 51.01
Cash flow per shareRs 1.20
Free cash flow per shareRs 1.28
Dividend per share, 3-year averageRs 0.62
Dividend per share, 5-year averageRs 0.61
Dividends
Dividend payout, 3-year average17.80%
Dividend payout, 5-year average17.61%
Efficiency
Asset turnover0.64x
Fixed asset turnover5.31x
Inventory turnover183.59x
Inventory days2 days
Debtor days170 days
Debtors turnover2.14x
Creditor days218 days
Cash conversion cycle170 days
Working capital days294 days
Leverage
Total debtRs 2 Cr
Cash and bankRs 4 Cr
Net debtRs -3 Cr
Debt to equity0.01x
Net debt / EBITDA-0.24x
Interest coverage5.45x
Owners' fund to total sources76.45%
Debt to assets0.95%
Cash flow
Cash from Operating Activity (latest year)Rs 3 Cr
Cash from Investing Activity (latest year)Rs -0 Cr
Cash from Financing Activity (latest year)Rs -3 Cr
Net Cash Flow (latest year)Rs -1 Cr
Free cash flow (latest year)Rs 3 Cr
FCFE (approx.: FCF + change in debt)Rs 0 Cr
Cash from ops / profit, 5 years0.57x
Sales to cash flow45.58x
Statement figures
Net sales (TTM)Rs 120 Cr
Net sales (latest year)Rs 129 Cr
Sales (latest quarter)Rs 22 Cr
Operating profit excl. other income (latest year)Rs 12 Cr
Operating profit (latest quarter)Rs 3 Cr
Other income (TTM)Rs 0 Cr
EBITDA (TTM)Rs 11 Cr
PBDT (TTM)Rs 9 Cr
Profit before tax (TTM)Rs 6 Cr
Tax (latest year)Rs 2 Cr
Net profit (TTM)Rs 4 Cr
Net profit (latest year)Rs 5 Cr
Net profit (latest quarter)Rs 1 Cr
Depreciation (TTM)Rs 4 Cr
Depreciation (latest quarter)Rs 1 Cr
Interest (TTM)Rs 1 Cr
Cost of goods sold (latest year)Rs 99 Cr
Total expenditure (latest year)Rs 116 Cr
Total income (latest year)Rs 129 Cr
Share capitalRs 23 Cr
ReservesRs 129 Cr
Shareholders' fundsRs 153 Cr
Total assetsRs 200 Cr
Net blockRs 24 Cr
InvestmentsRs 0 Cr
ReceivablesRs 60 Cr
InventoryRs 1 Cr
Other liabilitiesRs 45 Cr
Shares outstanding (crore)2.35
Ownership
Promoter holding35.16% (+0.00 in a year)
Computed by MarketFriction from the consolidated statements. Returns use average balances.
P/E 12.5 is at the 55th percentile of its own 9.4-year range
(median 12.0, low 3.5, high 23.9).
P/B 0.34 is at the 5th percentile (median 0.85).
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 | VEDAVAAG | Nifty 50 | Difference |
|---|---|---|---|
| 1 week | +4.0% | -2.8% | +6.8 pts |
| 1 month | +21.0% | -6.8% | +27.8 pts |
| 3 years | -54.9% | +14.2% | -69.1 pts |
| 5 years | -64.4% | +27.9% | -92.3 pts |
Red flags
F-score 4 of 8| explain | Weak cash conversion Cash from operations was 36% of net profit over the last 3 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 ₹22 Cr -28.9% vs Jun 2025.
Net profit ₹1 Cr -48.8%.
Against our estimate for Jun 2026: sales -45.4%, profit -53.9% miss. Our estimate for Sep 2026: sales Rs 26 Cr, profit Rs 1 Cr (how).
Activity
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| ESDS Software Solution Ltd | 18,624 | 151 | 30.2 % |
| Black Box Ltd | 14,435 | 50.5 | 21.6 % |
| E2E Networks Ltd | 13,399 | 430 | -0.51 % |
| Amagi Media Labs Ltd | 12,412 | 122 | 8.02 % |
| Cyient Ltd | 11,730 | 28.8 | 12.3 % |
| eMudhra Ltd | 5,189 | 45.1 | 15.7 % |
| Datamatics Global Services Ltd | 4,855 | 19.1 | 20.4 % |
| R Systems International Ltd | 3,509 | 16.7 | 19.5 % |
| BLS E-Services Ltd | 2,922 | 50.3 | 16.4 % |
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 Vedavaag Systems Ltd?
Vedavaag Systems Ltd (VEDAVAAG) has a market capitalisation of Rs 52.7 Cr. at the 2026-10-01 close.
What is the P/E ratio of Vedavaag Systems Ltd?
Vedavaag Systems Ltd trades at a P/E of 12.7 on trailing twelve-month profit, at the 2026-10-01 close.
What were Vedavaag Systems Ltd's latest quarterly results?
In the Jun 2026 quarter, Vedavaag Systems Ltd sales was Rs 22 Cr (-28.9% vs Jun 2025) and net profit was Rs 1 Cr.
What is the 52-week high and low of Vedavaag Systems Ltd?
The 52-week high is Rs 25.69 and the 52-week low is Rs 16.98.