Vakrangee Ltd. News and Updates

Name: Latest research reports of Vakrangee Ltd. authored by Karvy and published by - Trendlyne research reports.
Item: Vakrangee Ltd.
Rating: 5
Author: Karvy

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Vakrangee Ltd.

18 Jul 2017

8.10

-1.22%

Vakrangee Ltd: Unique Business Model - Focussing on Expansiv... (Jul 18, 2017)

Buy: Vakrangee Ltd.

Karvy

Expecting huge growth with Asset Light model: The company is focusing more on asset light model like Vakrangee Kendras from capital intensive E-Governance vertical. Hence, the capex and working capital requirements of thecompany are going to be reduced. Revenue of Vakrangee has grown with a CAGR of 26.8% and PAT by 50.2% from FY13-FY17. During FY17, the revenue grown by 25.4% and net profit rose by 34.5% to Rs. 5308 Mn over revenue of Rs. 40005 Mn.

Vakrangee Ltd. is trading below all available SMAs

Vakrangee Ltd.

17 Jul 2017

8.10

-1.22%

VAKRANGEE LIMITED

Joindre Capital Services

Vakrangee Limited (VL) is a e-Governance company in India with about 20 years of experience in delivering system integration and other services for India's national e-governance plan. VL is a technology enabled company and has built up an extensive delivery network for its services across selected regions in northern and western India. VL's business is broadly divided into the following two business segments: (i) e-Governance Business, including systems integration projects and print and data management services; (ii) Vakrangee Mart Business, which includes Financial Inclusion Business, G2C & B2C...

Vakrangee Ltd. has lost -73.35% in the last 1 Year

Vakrangee Ltd.

06 Feb 2017

8.10

-1.22%

Vakrangee Ltd Q3FY17 results comment

Results Update: Vakrangee Ltd.

HDFC Securities

Revenue grew by 2.07% to Rs. 978.86 Cr in Q3FY17 when compared to the previous quarter. Also, it rose by 19.54% when compared with Q3FY16.

Vakrangee Ltd. is trading below all available SMAs

Vakrangee Ltd.

04 Jan 2016

8.10

-1.22%

Vakrangee Ltd: Riding on Growing Impetus to Financial Inclusion Riding on Growin... (Jan 04, 2016)

Buy: Vakrangee Ltd.

Karvy

Company to shift its focus from e-governance business to financial inclusion business: VKI has evolved over the past 2 decades transforming from a sub-contractor and IT enabler for E-governance projects to taking on projects on its own. E-governance projects are capital intensive with low RoA, management gradually shifted focus to high-growth opportunities in financial inclusion and E-commerce. The Vakrangee Kendra and the White Label ATM businesses will help the company reduce its reliance on short-term project-based revenues and cash flows from e-Governance projects and ontinue generating incremental stable revenues, cash flows over a longer period of time. We expect the revenuesto increase by CAGR of 17% from FY15-17E.

Vakrangee Ltd. has lost -73.35% in the last 1 Year

Vakrangee Ltd.

23 Nov 2015

8.10

-1.22%

This IT Firm Surged 15% on Rs 400-Crore Deal

NDTV Business

Shares in midcap IT firm Vakrangee jumped as much as 15 per cent on Monday on news that the Mumbai-based company had signed a large deal with office automation firm Ricoh India.

Vakrangee Ltd. is trading below all available SMAs

Is Vakrangee Ltd. worth buying?

1376 Votes:

Buy 77.98%

Sell 14.1%

Hold 7.92%

New 52W Low in past week

Vakrangee Ltd. News and Updates

Keep track of all breaking news on Vakrangee Ltd. from all sources in a single place.