FIIs bought 34,44,599 shares & LIC holds 4.41 per cent stake: Debt-free penny stock under Rs 15; Delivers strong performance with PAT increases by 63.7 per cent in FY25
The company has a market cap of over Rs 1,000 crore and as of March 2025, the Life Insurance Corporation of India (LIC) owns a 4.41 per cent stake in the company.
Established in 1990, Vakrangee has become a major last-mile distribution platform in India with a strong physical and digital presence nationwide. Their network delivers crucial banking, financial, e-governance, e-commerce (including healthcare), and logistics services to underserved areas, promoting inclusion. Recognised as a key "Go To Market Platform," Vakrangee's physical "Vakrangee Kendras" and the BharatEasy Mobile Super app act as accessible hubs for diverse services.
Vakrangee Limited (VL) has announced a robust financial performance for the fiscal year 2024-25, demonstrating significant growth across key metrics. The company reported a substantial 20.5 per cent increase in total income on a year-on-year (YoY) basis, reaching Rs 25,902.6 lakh. Furthermore, its Profit Before Tax (PBT) witnessed an impressive surge of 63.7 per cent compared to the previous year, amounting to Rs 959.9 lakh. This strong showing underscores the company's effective strategies and operational efficiency throughout the financial year.
The company's Gross Transaction Value (GTV) also exhibited remarkable growth, crossing Rs 13,655.5 crore in the fourth quarter alone, driven by 3.1 crore transactions. For the entire fiscal year 2024-25, the annual GTV reached an impressive Rs 54,258.5 crore with a total of 12.6 crore transactions. Adding to the positive outlook, the Reserve Bank of India's (RBI) decision to increase the interbank fee to Rs 19 per transaction, effective May 1, 2025, is expected to bolster Vakrangee's ATM deployment economics further, potentially contributing an estimated Rs 5–10 crore to its EBITDA in FY2025–26.
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Vakrangee's subsidiary, Vortex Engineering, also delivered strong results, recording a 26.3 per cent YoY revenue growth and a 36.6 per cent increase in ATM shipments in FY2024- 25. The company shipped 1,596 ATMs during the fiscal year and holds a strong order visibility for over 5,000 ATMs in FY2025–26. Notably, Vakrangee Limited, along with its subsidiaries, remains debt-free and maintains a robust balance sheet, positioning it well to support future expansion and pursue sustainable long-term growth.
The company has a market cap of over Rs 1,000 crore and as of March 2025, the Life Insurance Corporation of India (LIC) owns a 4.41 per cent stake in the company. In March 2024, FIIs bought 34,44,599 shares and increased their stake to 3.13 per cent compared to 2.82 per cent in December 2024. The shares of the company have a PE of 170x, an ROE of 4 per cent and an ROCE of 6 per cent. Investors should keep an eye on this Small-Cap IT stock.
Disclaimer: The article is for informational purposes only and not investment advice.