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Prices as of 9 Oct 2026 close · Not investment advice

VEDAVAAG Systems Limited

NSE: VEDAVAAGIT Enabled Services

Share price

₹23.19

+4.37% close of 9 Oct 2026

Market cap ₹53 CrP/E 12.9

Price-based ratios (P/B, dividend yield, EV/EBITDA) are as of 5 Oct 2026, the close above is 9 Oct 2026.

Business score

How strong the business is, in one number. The parts behind it are in Pro.

54

out of 100 · worked out 8 Oct 2026

Your ratios

The numbers you want to see first. Tap Edit to change them.

Market cap

₹53 Cr

P/E ratio

12.9

P/B ratio

0.4

ROCE

5.6%

ROE

3.5%

Dividend yield

0.0%

Price & valuation chart

How the share price and its valuation have moved. Hover over the chart to see any day. Prices as of the last close.

Prices as of 9 Oct 2026 close52-week high ₹36.5152-week low ₹15.33

Answers

Simple answers to the questions investors ask most, from the company's own numbers.

How fast it has been growing

Our sales figures for this company step up at Sep 2012 and we hold nothing that says why, so we cannot honestly quote a growth rate across it.

Whether it grew faster than its sector

Our sales figures for this company step up at Sep 2012 and we hold nothing that says why, so there is no honest growth rate of its own to set against its sector.

Room to re-rate, or risk of de-rating

At 12.3× earnings against a market that pays 23.9× across 2199 companies we can price. Its own industry sits at 30.4×, across 5 companies. It is against its own five-year median of 14.5×, the 38th percentile of its own range.

Whether growth justifies the valuation

Its earnings are falling, so growth cannot justify the price.

Profit growthPrice per ₹1 profitPer 1% growth
VEDAVAAG Systems Limited — this one-12%/yr12.3×—
eMudhra Limited19%/yr40.6×₹2.1
Datamatics Global Services Limited8%/yr17.7×₹2.2
R Systems International Limited7%/yr13.9×₹2.0
BLS E-Services Limited38%/yr49.3×₹1.3
Protean eGov Technologies Limited-1%/yr30.4×—

Compared with companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

How it compares with its peers

Against companies the exchange files under the same label (IT Enabled Services), it ranks 45 of 58 on returns, 34 of 54 on growth, 35 of 58 on margin. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

What makes it hard to beat — and is that still true?

No durable advantage shows in the numbers: it earns 5.6% on capital, ahead of 22% of companies filed under the same label. That grouping comes from the exchange's filing category, so some of them may not be real rivals.

Whether its growth pays for itself

Yes — Over the last five years it made ₹21 crore of cash from the business, spent ₹14 crore on plant and equipment, and returned ₹5 crore to lenders and shareholders. But only about 31 of every 100 rupees of profit it reported over 11 years arrived as cash — the rest is tied up.

Profit reality check

Is the profit real cash? Simple checks on the accounts. Facts only, not advice.

6 of 8 checks clear · 75%

Latest result · Q1 FY27

What the last results showed. Whether management kept its word is in Pro.

Announced 14 Aug 2026 · Consolidated · Unaudited

Revenue

₹22 Cr

Revenue vs last year

-28.9%

Revenue vs last quarter

-55.3%

Net profit

₹1 Cr

Profit vs last year

-48.8%

Profit vs last quarter

+423.9%

Net margin

5.0%

Checklist before you investPRO

Points for and against, in one list.

Key numbers & peers

The main numbers grouped by topic, and how the company compares with similar ones.

Price

Market cap
₹53 Cr
Prev close
₹23.19
52w High
₹37.5
52w Low
₹15.1
Enterprise value
₹51 Cr
Beta
1.2
Price CAGR 1y
-39.0%
Price CAGR 3y
-24.0%
Price CAGR 5y
-18.0%
Price CAGR 10y
-6.0%

Ratios

Return on assets
2.5%
PEG ratio
-1.1
P/E ratio
12.9
P/B ratio
0.4
EV / EBITDA
4.8
Industry P/E
26.9
ROCE
5.6%
ROCE 5y average
8.0%
ROE
3.5%
Debt / Equity
0.0
Interest coverage
8.0
Dividend yield
0.0%
ROE 3y average
5.0%
ROE last year
3.0%

Annual P&L

Annual revenue
₹129 Cr
Annual profit
₹5 Cr
Operating margin
10.0%
Net profit margin
3.9%
EBITDA margin
9.3%
Sales growth 3y
14.9%
Sales growth 5y
12.7%
Profit growth 3y
-12.0%
Profit growth 5y
-6.0%
EPS
₹2.2
Sales growth TTM
4.0%
Profit growth TTM
-51.0%
Dividend payout
0.0%

Quarter P&L

Sales latest quarter
₹22 Cr
Profit latest quarter
₹1 Cr
YoY quarterly sales growth
-28.9%
YoY quarterly profit growth
-48.8%
OPM latest quarter
11.6%

Balance Sheet

Book Value
₹66.1
Face Value
₹10.0
Total debt
₹2 Cr
Total cash
₹4 Cr
Borrowings
₹2 Cr
Reserves / Equity
5.6

Cash Flow

Operating cash flow
₹3 Cr
Free cash flow
₹3 Cr
FCF yield
3.7%
Net cash flow
-₹1 Cr

Shareholding

Promoter holding
35.2%
FII holding
0.0%
DII holding
0.0%
Public holding
64.8%

Peer comparison

CompanyPrice ₹P/EMkt cap ₹ CrDiv yield %Profit qtr ₹ CrProfit var %Sales qtr ₹ CrSales var %ROCE %
L&T Technology3,255.2025.634,5331.77357.117.42,940.111.526.7
Inventurus Knowl1,774.8039.930,4670.00193.727.9893.620.731.5
Tata Technolog.703.7043.928,5741.19180.86.21,664.633.820.9
Netweb Technol.4,766.10108.728,3330.0785.3179.9819.7172.137.5
Affle 3i1,452.0542.920,4610.00128.421.7747.220.416.8
Sagility42.8219.520,0450.35216.853.01,963.527.613.4
ESDS Software1,360.15129.215,9420.0029.314.0133.77.330.2
Vedavaag Systems22.0012.4520.001.1-48.822.1-28.95.6
Median225.4528.98720.008.820.8110.920.715.9

Competes with: Affle 3i Limited, Black Box Limited, ESDS Software Solution Limited, Inventurus Knowledge Solutions Limited, L&T Technology Services Limited, Netweb Technologies India Limited, SAGILITY LIMITED, Tata Technologies Limited

Quarterly results

Sales and profit for each of the last 13 quarters. Newest on the right. ₹ crore.

Consolidated · to 30 Jun 2026
Line itemJun 2023Sep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Sales17311623222529293122265022
Expenses14251318192121292719234720
Material Cost0
Change in Inventories0
Purchases of Stock-in-Trade0
Employee Cost3.89
Other Expenses16
Operating Profit2.776.542.385.013.344.328.40-0.444.232.963.042.202.56
OPM %17211522151728-1.521414124.4412
Other Income0000.080000.1400000
Exceptional items (within Other Income)0
Interest00.0100.190.120.120.180.730.230.220.200.710.15
Depreciation0.802.530.942.410.520.543.96-1.750.960.960.960.960.91
Profit before tax1.9741.442.492.703.664.260.723.041.781.880.531.50
Tax %25222412252526322931136226
Net Profit1.473.131.112.192.032.743.150.492.151.221.620.211.10
EPS in Rs0.641.370.480.960.891.201.370.210.920.520.690.090.47

Profit & loss

Yearly sales, costs and profit for 12 years, plus the last 12 months (TTM). ₹ crore.

Consolidated · to 31 Mar 2026
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026TTM
Sales8210092777671958587106129120
Expenses70846661625678697090116109
Operating Profit121625171415171617161211
OPM %15162822182118191915109
Other Income210101000000
Interest000000000111
Depreciation734566667344
Profit before tax61422138101110101176
Tax %1527302225282525202628
Net Profit510151067888854
EPS in Rs3.817.209.414.362.733.053.623.313.443.622.221.77
Dividend Payout %01211231820171822140

Compounded growth

Average yearly growth over different spans, as stored. A span can cross a demerger or an acquisition.

Compounded sales growth

10 years
5%
5 years
13%
3 years
15%
TTM
4%

Compounded profit growth

10 years
0%
5 years
-6%
3 years
-12%
TTM
-51%

Stock price CAGR

10 years
-6%
5 years
-18%
3 years
-24%
1 year
-39%

Return on equity

10 years
8%
5 years
6%
3 years
5%
Last year
3%

Balance sheet

What the company owns and what it owes, at the end of each year. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Equity Capital1414162323232323232323
Reserves25446283879298104110125129
Borrowings00505554252
Other Liabilities3938352018182026323145
Total Liabilities7796118126133138146157167184200
Fixed Assets1326323137373132252824
CWIP00080000000
Investments00000000000
Other Assets6470868896102115125142157176
Total Assets7796118126133138146157167184200

Cash flows

Real money coming in and going out each year — from the business, from investments and from loans. ₹ crore.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Cash from Operating Activity19-7-848310503
Cash from Investing Activity2-16-10-11-11-6-1-70-6-0
Cash from Financing Activity01011206-2-2-3-47-3
Net Cash Flow33-61-100011-1
Free Cash Flow0-7-17-19-73235-63

Ratios

How fast customers pay, how long stock sits, and how well capital earns — year by year.

Consolidated
Line itemMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022Mar 2023Mar 2024Mar 2025Mar 2026
Debtor Days1111062251961056081122134153170
Inventory Days110152
Days Payable193218
Cash Conversion Cycle28402251961056081122134153170
Working Capital Days10698198334263271291349406396294
ROCE %2931148898896

Shareholding pattern

Who owns the company — founders (promoters), foreign funds, Indian funds and the public. In %.

Consolidated · to 30 Jun 2026
Line itemSep 2023Dec 2023Mar 2024Jun 2024Sep 2024Dec 2024Mar 2025Jun 2025Sep 2025Dec 2025Mar 2026Jun 2026
Promoters363636363636363535353535
FIIs00004.203.76000000
DIIs0000002.9200000
Public646464646060626565656565
No. of Shareholders13,20212,74815,32015,13815,28014,71416,61116,61916,08515,71615,41515,924

Price trend

The price as a Renko brick chart: small moves drop out so the bigger path stands out.

Change over 1 year -35.7% (₹36.09 → ₹23.19)Brick size ₹1.64 (fixed)Bricks 19
₹20.00₹30.00₹23.19Nov '25Apr '26Jul '26
Price moved up one brickPrice moved down one brickLast close ₹23.19 on 9 Oct 2026

Every brick is the same size, about one typical day's move. A new brick needs a full brick's move; turning the other way needs two. Bricks show where the price went, not where it will go.

Open interestPRO

Where option traders are positioned on this stock.

Industry numbers

The numbers that matter most in this industry, from the company's own filings.

the company's own unlisted debt securities in default at period end

0.00cr

2026-06-30

the company's own loans / revolving facilities in default at period end (standalone filing)

0.00cr

2026-06-30

total loans / revolving facilities outstanding at period end, the base of loan_default_cr

0.00cr

2026-06-30

net debt from the filed balance sheet at the newest year end: Borrowings − Cash Equivalents − Investments (Current); negative = net cash

-2.00inr_cr

2026-03-31

News

News and filings about VEDAVAAG Systems Limited. Open one to see why it matters.

No recent news for this company.

Supply chain

Who it buys from, sells to and competes with — as recorded in our map of company links.

Competes with

About

What the company is, from our own records: where it sits, where it makes things, and what it is made of.

Sector
Information Technology
Industry
IT Enabled Services
Classification
Information Technology › IT Enabled Services
ISIN
INE359B01010

News impact

Big market events that reach VEDAVAAG Systems Limited, and how the effect spreads.

No recent market events reach this company.

Dividends, splits & big trades

Money paid out, share splits and buybacks, and big buys or sells by funds and insiders.

Bulk & block deals

DateWhoBought / soldSharesPrice
10 Sep 2026THE BHARAT BATTERY MFG CO PRIVATE LIMITED PROVIDENT FUND INSTITUTIONBUY2,61,641₹22.10

Documents

Annual reports, results presentations and earnings calls, straight from the source.

No documents on record yet.

Facts from company filings and exchange data. Not investment advice: nothing here tells you to buy or sell.