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Veeram Securit.

  • Market Cap: Micro Cap
  • Industry: Diamond & Gold Jewellery
  • ISIN: INE607V01028
  • NSEID:
  • BSEID: 540252
INR
9.30
0.1 (1.09%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 57.43 k

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

9.069.50

52 Week

7.3614.44
Valuation
Technical
Day's Volume

CASH

57.43 k (-5.87%) Volume

Shareholding (Dec 2024)

FII

0.00%

Held by 0 FIIs

DII

0.00%

Held by 0 DIIs

Promoter

55.00%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Weak Long Term Fundamental Strength with a -7.54% CAGR growth in Net Sales over the last 5 years

  • Company's ability to service its debt is weak with a poor EBIT to Interest (avg) ratio of 0.41
  • The company has been able to generate a Return on Capital Employed (avg) of 6.93% signifying low profitability per unit of total capital (equity and debt)
2

Flat results in Dec 24

 
stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Diamond & Gold Jewellery

stock-summary
Market cap

INR 70 Cr (Micro Cap)

stock-summary
P/E

20.00

stock-summary
Industry P/E

70

stock-summary
Dividend Yield

0.43%

stock-summary
Debt Equity

-0.06

stock-summary
Return on Equity

14.48%

stock-summary
Price to Book

2.95

Revenue and Profits (1 Year):
Net Sales:
4 Cr
(Quarterly Results - Dec 2024)
Net Profit:
1 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (0.43%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-7.92%
0.44%
-7.48%
1 Year
4.26%
0.42%
4.68%
2 Years
-6.16%
0.88%
-5.28%
3 Years
-30.1%
0.90%
-29.2%
4 Years
56.22%
1.34%
57.56%
5 Years
179.58%
1.79%
181.37%

Latest dividend: 0.04 per share ex-dividend date: Feb-21-2025

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
-7.54%
EBIT Growth (5y)
32.56%
EBIT to Interest (avg)
0.41
Debt to EBITDA (avg)
Negative Net Debt
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
0.94
Tax Ratio
26.35%
Dividend Payout Ratio
0
Pledged Shares
0
Institutional Holding
0
ROCE (avg)
-1.08%
ROE (avg)
13.00%
Valuation key factors
Factor
Value
P/E Ratio
20
Industry P/E
70
Price to Book Value
2.95
EV to EBIT
18.17
EV to EBITDA
18.22
EV to Capital Employed
3.07
EV to Sales
2.98
PEG Ratio
0.25
Dividend Yield
0.43%
ROCE (Latest)
-16.37%
ROE (Latest)
14.48%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bullish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Mildly Bullish (Daily)
KST
Bearish
Mildly Bullish
Dow Theory
Mildly Bullish
No Trend
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 0 Schemes

FIIs

Held by 0 FIIs

Promoter with highest holding

Pinal Rakshitbhai Shah (26.18%)

Highest Public shareholder

Mohta Sarita (9.45%)

Individual Investors Holdings

43.12%

stock-summaryFinancial
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  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Standalone) - Dec'24 - YoY",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is -34.68% vs 27.64% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in quarter ended Dec 2024 is 67.44% vs 30.30% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3.71",
          "val2": "5.68",
          "chgp": "-34.68%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "0.62",
          "val2": "-6.75",
          "chgp": "109.19%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "0.72",
          "val2": "0.43",
          "chgp": "67.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.71%",
          "val2": "-118.84%",
          "chgp": "135.55%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Standalone) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is 69.28% vs -29.12% in Sep 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is 62.26% vs 0.95% in Sep 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "13.39",
          "val2": "7.91",
          "chgp": "69.28%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1.17",
          "val2": "0.72",
          "chgp": "62.50%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "1.72",
          "val2": "1.06",
          "chgp": "62.26%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.74%",
          "val2": "9.10%",
          "chgp": "-0.36%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Standalone) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 25.83% vs -12.94% in Dec 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is 63.76% vs 7.97% in Dec 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "17.10",
          "val2": "13.59",
          "chgp": "25.83%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1.79",
          "val2": "-6.03",
          "chgp": "129.68%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Exceptional Items",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
        },
        {
          "field": "Standalone Net Profit",
          "val1": "2.44",
          "val2": "1.49",
          "chgp": "63.76%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "10.47%",
          "val2": "-44.37%",
          "chgp": "54.84%",
          "chgp_class": "positive"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Standalone) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 3.48% vs 2.69% in Mar 2023",
        "dir": 1
      },
      {
        "prefix": "Standalone Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 37.43% vs -55.14% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
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          "field": "Net Sales",
          "val1": "19.33",
          "val2": "18.68",
          "chgp": "3.48%",
          "chgp_class": "positive"
        },
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          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "3.12",
          "val2": "2.20",
          "chgp": "41.82%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "0.00",
          "val2": "0.00",
          "chgp": "",
          "chgp_class": "neutral"
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          "val2": "0.00",
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          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "16.14%",
          "val2": "11.78%",
          "chgp": "4.36%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Standalone) - Dec'24 - YoYstock-summary
Dec'24
Dec'23
Change(%)
Net Sales
3.71
5.68
-34.68%
Operating Profit (PBDIT) excl Other Income
0.62
-6.75
109.19%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
0.72
0.43
67.44%
Operating Profit Margin (Excl OI)
16.71%
-118.84%
135.55%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in quarter ended Dec 2024 is -34.68% vs 27.64% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in quarter ended Dec 2024 is 67.44% vs 30.30% in Dec 2023

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Standalone) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
13.39
7.91
69.28%
Operating Profit (PBDIT) excl Other Income
1.17
0.72
62.50%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
1.72
1.06
62.26%
Operating Profit Margin (Excl OI)
8.74%
9.10%
-0.36%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is 69.28% vs -29.12% in Sep 2023

Direction Arrows
Standalone Net Profit

Growth in half year ended Sep 2024 is 62.26% vs 0.95% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Standalone) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
17.10
13.59
25.83%
Operating Profit (PBDIT) excl Other Income
1.79
-6.03
129.68%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
2.44
1.49
63.76%
Operating Profit Margin (Excl OI)
10.47%
-44.37%
54.84%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is 25.83% vs -12.94% in Dec 2023

Direction Arrows
Standalone Net Profit

YoY Growth in nine months ended Dec 2024 is 63.76% vs 7.97% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Standalone) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
19.33
18.68
3.48%
Operating Profit (PBDIT) excl Other Income
3.12
2.20
41.82%
Interest
0.00
0.00
Exceptional Items
0.00
0.00
Standalone Net Profit
2.46
1.79
37.43%
Operating Profit Margin (Excl OI)
16.14%
11.78%
4.36%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 3.48% vs 2.69% in Mar 2023

Direction Arrows
Standalone Net Profit

YoY Growth in year ended Mar 2024 is 37.43% vs -55.14% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About Veeram Securities Ltd stock-summary
stock-summary
Veeram Securities Ltd
Micro Cap
Diamond & Gold Jewellery
Veeram Securities Limited was originally incorporated in Gujarat as "Veeram T.V.Network Private Limited", with the Registrar of Companies. The Company name was changed from "Veeram T.V.Network Private Limited" to "Veeram Spiritual Energies Private Limited". Consequent upon change of name a fresh Certificate of Incorporation dated February 26, 2014, was issued by Registrar of Companies.
Company Coordinates stock-summary
Company Details
Shop No 2 Naroda Pride, Nr Padmavati Society Naro-Nik Ahmedabad Gujarat : 382350
stock-summary
Tel:
stock-summary
http://www.veeramsecuritiesltd.com
stock-summary
info@veeramornaments.com
Registrar Details
Karvy Computershare Pvt Ltd., Karvy Selenium, Tower-B Plot No 31 & 32, Survey No 116/22, 115/24, 115/25, Financial District, Nanakramguda, Serilingampally, Mandal Ranga Reddy Dist, Hyderabad
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