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VLS Finance

NSEI:VLSFINANCE
Snowflake Description

Mediocre balance sheet and overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
VLSFINANCE
NSEI
₹1B
Market Cap
  1. Home
  2. IN
  3. Diversified Financials
Company description

VLS Finance Limited provides investment banking, structured finance, corporate consulting and advisory, stock broking, privatization and infrastructure finance, and proprietary investments and equity research services in India. The last earnings update was 56 days ago. More info.


Add to Portfolio Compare Print
  • VLS Finance has significant price volatility in the past 3 months.
VLSFINANCE Share Price and Events
7 Day Returns
8.8%
NSEI:VLSFINANCE
2.3%
IN Capital Markets
5.7%
IN Market
1 Year Returns
-37.8%
NSEI:VLSFINANCE
-38.1%
IN Capital Markets
-26.5%
IN Market
VLSFINANCE Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
VLS Finance (VLSFINANCE) 8.8% -16.8% -31.2% -37.8% -41.6% -7.9%
IN Capital Markets 2.3% -26.4% -33.6% -38.1% -48% -33.9%
IN Market 5.7% -15.5% -26.4% -26.5% -18.9% -8.7%
1 Year Return vs Industry and Market
  • VLSFINANCE matched the Capital Markets industry (-38.1%) over the past year.
  • VLSFINANCE underperformed the Market in India which returned -26.5% over the past year.
Price Volatility
VLSFINANCE
Industry
5yr Volatility vs Market

VLSFINANCE Value

 Is VLS Finance undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
Here we compare the current share price of VLS Finance to its discounted cash flow analysis.value.

The discounted cash flow value is simply looking at what the company is worth today, based on estimates of how much money it is expected to make in the future.
Raw Data

Below are the data sources, inputs and calculation used to determine the intrinsic value for VLS Finance.

NSEI:VLSFINANCE Discounted Cash Flow Data Sources
Data Point Source Value
Valuation Model Excess Returns Model
Stable EPS Median Return on Equity from the past 5 years.
= Stable Book Value * Return on Equity
= ₹82.86 * 6.6%
₹5.48
Book Value of Equity per Share Median Book Value from the past 5 years. ₹82.86
Discount Rate (Cost of Equity) See below 14.9%
Perpetual Growth Rate 10-Year IN Government Bond Rate 6.5%

An important part of a discounted cash flow is the discount rate, below we explain how it has been calculated.

Calculation of Discount Rate/ Cost of Equity for NSEI:VLSFINANCE
Data Point Calculation/ Source Result
Risk-Free Rate 10-Year IN Govt Bond Rate 6.5%
Equity Risk Premium S&P Global 7.9%
Capital Markets Unlevered Beta Simply Wall St/ S&P Global 0.71
Re-levered Beta = Unlevered beta (1 + (1- tax rate) (Debt/Equity))
= 0.712 (1 + (1- 35%) (1.21%))
1.068
Levered Beta Levered Beta limited to 0.8 to 2.0
(practical range for a stable firm)
1.07
Discount Rate/ Cost of Equity = Cost of Equity = Risk Free Rate + (Levered Beta * Equity Risk Premium)
= 6.48% + (1.068 * 7.85%)
14.86%

Discounted Cash Flow Calculation for NSEI:VLSFINANCE using Excess Returns Model Model

The calculations below outline how an intrinsic value for VLS Finance is arrived at using the Excess Return Model. This approach is used for finance firms where free cash flow is difficult to estimate.

In the Excess Return Model the value of a firm can be written as the sum of capital invested currently in the firm and the present value of excess returns that the firm expects to make in the future.

The model is sensitive to the Return on Equity of the company versus the Cost of Equity, how these are calculated is detailed below the main calculation.

Note the calculations below are per share.

See our documentation to learn about this calculation.

NSEI:VLSFINANCE Value of Excess Returns
Calculation Result
Excess Returns = (Stable Return on equity – Cost of equity) (Book Value of Equity per share)
= (6.6% – 14.86%) * ₹82.86)
₹-6.84
Terminal Value of Excess Returns = Excess Returns / (Cost of Equity - Expected Growth Rate)
= ₹-6.84 / (14.86% - 6.48%)
₹-81.57
Value of Equity = Book Value per share + Terminal Value of Excess Returns
= ₹82.86 + ₹-81.57
₹1.29
NSEI:VLSFINANCE Discount to Share Price
Calculation Result
Value per share (INR) From above. ₹1.29
Current discount Discount to share price of ₹36.50
= -1 x (₹36.50 - ₹1.29) / ₹1.29
-2740.3%

Learn more about our DCF calculations in Simply Wall St’s analysis model .

  • The current share price of VLS Finance is above its future cash flow value.
Often investors are willing to pay a premium for a company that has a high dividend or the potential for future growth.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for VLS Finance's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are VLS Finance's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
NSEI:VLSFINANCE PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-12-31) in INR ₹-4.94
NSEI:VLSFINANCE Share Price ** NSEI (2020-04-09) in INR ₹36.5
India Capital Markets Industry PE Ratio Median Figure of 161 Publicly-Listed Capital Markets Companies 9.21x
India Market PE Ratio Median Figure of 2,616 Publicly-Listed Companies 9.64x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of VLS Finance.

NSEI:VLSFINANCE PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= NSEI:VLSFINANCE Share Price ÷ EPS (both in INR)

= 36.5 ÷ -4.94

-7.39x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • VLS Finance is loss making, we can't compare its value to the IN Capital Markets industry average.
  • VLS Finance is loss making, we can't compare the value of its earnings to the India market.
Price based on expected Growth
Does VLS Finance's expected growth come at a high price?
Raw Data
NSEI:VLSFINANCE PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -7.39x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
India Capital Markets Industry PEG Ratio Median Figure of 11 Publicly-Listed Capital Markets Companies 1.1x
India Market PEG Ratio Median Figure of 399 Publicly-Listed Companies 0.85x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for VLS Finance, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on VLS Finance's assets?
Raw Data
NSEI:VLSFINANCE PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-12-31) in INR ₹360.53
NSEI:VLSFINANCE Share Price * NSEI (2020-04-09) in INR ₹36.5
India Capital Markets Industry PB Ratio Median Figure of 260 Publicly-Listed Capital Markets Companies 0.46x
India Market PB Ratio Median Figure of 3,614 Publicly-Listed Companies 0.65x
NSEI:VLSFINANCE PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= NSEI:VLSFINANCE Share Price ÷ Book Value per Share (both in INR)

= 36.5 ÷ 360.53

0.1x

* Primary Listing of VLS Finance.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • VLS Finance is good value based on assets compared to the IN Capital Markets industry average.
X
Value checks
We assess VLS Finance's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Capital Markets industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Capital Markets industry average (and greater than 0)? (1 check)
  5. VLS Finance has a total score of 1/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

VLSFINANCE Future Performance

 How is VLS Finance expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as VLS Finance has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
21.1%
Expected Capital Markets industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is VLS Finance expected to grow at an attractive rate?
  • Unable to compare VLS Finance's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare VLS Finance's earnings growth to the India market average as no estimate data is available.
  • Unable to compare VLS Finance's revenue growth to the India market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
NSEI:VLSFINANCE Future Growth Rates Data Sources
Data Point Source Value (per year)
India Capital Markets Industry Earnings Growth Rate Market Cap Weighted Average 21.1%
India Capital Markets Industry Revenue Growth Rate Market Cap Weighted Average 10.4%
India Market Earnings Growth Rate Market Cap Weighted Average 19.5%
India Market Revenue Growth Rate Market Cap Weighted Average 8.8%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
NSEI:VLSFINANCE Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in INR Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
NSEI:VLSFINANCE Past Financials Data
Date (Data in INR Millions) Revenue Cash Flow Net Income *
2019-12-31 30,127 -190
2019-09-30 30,128 -25
2019-06-30 30,178 199
2019-03-31 30,218 -105 225
2018-03-31 21,681 -206 252
2017-03-31 27,003 -119 442

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if VLS Finance is high growth as no earnings estimate data is available.
  • Unable to determine if VLS Finance is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
NSEI:VLSFINANCE Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (3 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from VLS Finance Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:VLSFINANCE Past Financials Data
Date (Data in INR Millions) EPS *
2019-12-31 -4.94
2019-09-30 -0.64
2019-06-30 5.15
2019-03-31 5.81
2018-03-31 6.51
2017-03-31 11.43

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if VLS Finance will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of VLSFINANCE’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. VLS Finance's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Diversified Financials companies here
  3. VLS Finance's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess VLS Finance's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the India market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the India market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
VLS Finance has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

VLSFINANCE Past Performance

  How has VLS Finance performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare VLS Finance's growth in the last year to its industry (Capital Markets).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • VLS Finance does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare VLS Finance's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare VLS Finance's 1-year growth to the IN Capital Markets industry average as it is not currently profitable.
Earnings and Revenue History
VLS Finance's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from VLS Finance Company Filings, last reported 3 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

NSEI:VLSFINANCE Past Revenue, Cash Flow and Net Income Data
Date (Data in INR Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-12-31 30,126.99 -189.85 46.03
2019-09-30 30,128.49 -24.64 47.38
2019-06-30 30,177.93 199.02 40.48
2019-03-31 30,217.74 224.75 49.46
2018-03-31 21,681.12 251.59 46.91
2017-03-31 27,002.72 441.86 48.27
2016-03-31 19,142.57 88.39 39.94
2015-03-31 46,247.36 71.17 30.53
2014-03-31 38,163.95 37.12 54.27

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if VLS Finance has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if VLS Finance has efficiently used its assets last year compared to the IN Capital Markets industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if VLS Finance improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess VLS Finance's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Capital Markets industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
VLS Finance has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

VLSFINANCE Health

 How is VLS Finance's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up VLS Finance's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • VLS Finance is able to meet its short term (1 year) commitments with its holdings of cash and other short term assets.
  • VLS Finance's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of VLS Finance's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is covered by short term assets, assets are 13.9x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from VLS Finance Company Filings, last reported 3 months ago.

NSEI:VLSFINANCE Past Debt and Equity Data
Date (Data in INR Millions) Total Equity Total Debt Cash & Short Term Investments
2019-12-31 13,964.87 17.06 22.29
2019-09-30 13,964.87 17.06 22.29
2019-06-30 3,205.62 1.44 167.76
2019-03-31 3,205.62 1.44 167.76
2018-03-31 3,027.44 0.00 139.63
2017-03-31 2,822.31 0.00 139.30
2016-03-31 2,426.49 170.00 79.82
2015-03-31 2,338.09 6.64 92.60
2014-03-31 2,047.48 0.00 78.20
  • VLS Finance's level of debt (0.1%) compared to net worth is satisfactory (less than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (0.2% vs 0.1% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on VLS Finance's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess VLS Finance's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. VLS Finance has a total score of 3/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

VLSFINANCE Dividends

 What is VLS Finance's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
2.74%
Current annual income from VLS Finance dividends.
If you bought ₹2,000 of VLS Finance shares you are expected to receive ₹55 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • VLS Finance's pays a higher dividend yield than the bottom 25% of dividend payers in India (0.89%).
  • VLS Finance's dividend is below the markets top 25% of dividend payers in India (3.79%).
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
NSEI:VLSFINANCE Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
India Capital Markets Industry Average Dividend Yield Market Cap Weighted Average of 56 Stocks 2.9%
India Market Average Dividend Yield Market Cap Weighted Average of 1419 Stocks 1.8%
India Minimum Threshold Dividend Yield 10th Percentile 0.4%
India Bottom 25% Dividend Yield 25th Percentile 0.9%
India Top 25% Dividend Yield 75th Percentile 3.8%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

NSEI:VLSFINANCE Past Annualized Dividends Data
Date (Data in ₹) Dividend per share (annual) Avg. Yield (%)
2019-05-17 1.000 2.004
2018-09-21 1.000 1.793
2017-05-09 1.000 1.327

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Whilst dividend payments have been stable, VLS Finance has been paying a dividend for less than 10 years.
  • VLS Finance has only been paying a dividend for 3 years, and since then there has been no growth.
Current Payout to shareholders
What portion of VLS Finance's earnings are paid to the shareholders as a dividend.
  • The company is paying a dividend however it is incurring a loss.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess VLS Finance's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.4%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can VLS Finance afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. VLS Finance has a total score of 1/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

VLSFINANCE Management

 What is the CEO of VLS Finance's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
Suresh Agarwal
COMPENSATION ₹3,538,823
AGE 68
TENURE AS CEO 6.7 years
CEO Bio

Mr. Suresh Kumar Agarwal serves as Managing Director of VLS Securities Ltd. Mr. Agarwal has been the Managing Director at VLS Finance Ltd. since August 21, 2013 and serves as its an Executive Non Independent Director. He has 37 years of experience as a banker and portfolio manager. He serves as Director of VLS Securities Ltd. He served as Executive Trustee of PNB Mutual Fund.

CEO Compensation
  • Suresh's compensation has increased whilst company is loss making.
  • Suresh's remuneration is about average for companies of similar size in India.
Management Team

Suresh Agarwal

TITLE
MD & Director
COMPENSATION
₹4M
AGE
68
TENURE
6.7 yrs

Mahesh Mehrotra

TITLE
Executive Vice Chairman
COMPENSATION
₹6M
AGE
79

Kishan Soni

TITLE
Director-Finance
COMPENSATION
₹3M
AGE
66

Harsh Consul

TITLE
Compliance Officer & Company Secretary
COMPENSATION
₹2M
AGE
55

L. Thirumoorthy

TITLE
Vice President of Accounts
AGE
59

Dinesh Negi

TITLE
Group Head of Accounts
AGE
54

Ramesh Pandey

TITLE
Group Head of Secretarial
AGE
55

Manoj Jain

TITLE
Group Head of Front Office - Broking Division
AGE
50

Salik Agarwal

TITLE
Vice President
AGE
57
Board of Directors Tenure

Average tenure and age of the VLS Finance board of directors in years:

3.9
Average Tenure
66
Average Age
  • The tenure for the VLS Finance board of directors is about average.
Board of Directors

Ajit Kumar

TITLE
Independent Chairman
COMPENSATION
₹420K
AGE
77

Suresh Agarwal

TITLE
MD & Director
COMPENSATION
₹4M
AGE
68

Mahesh Mehrotra

TITLE
Executive Vice Chairman
COMPENSATION
₹6M
AGE
79
TENURE
2.8 yrs

Kishan Soni

TITLE
Director-Finance
COMPENSATION
₹3M
AGE
66
TENURE
6.4 yrs

R. Bandyopadhyay

TITLE
Independent Director
COMPENSATION
₹330K
TENURE
3.9 yrs

Neeraj Arora

TITLE
Non-Executive & Non-Independent Director
COMPENSATION
₹160K
TENURE
4.9 yrs

Vik Mehrotra

TITLE
Non-Independent Director
COMPENSATION
₹160K
AGE
51
TENURE
3.9 yrs

Dinesh Mehrotra

TITLE
Independent Director
COMPENSATION
₹310K
AGE
66
TENURE
3.9 yrs

Rajeev Bishnoi

TITLE
Independent Director
AGE
59
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month open market individual insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (₹) Value (₹)
X
Management checks
We assess VLS Finance's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. VLS Finance has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

VLSFINANCE News

Simply Wall St News

Should You Worry About VLS Finance Limited's (NSE:VLSFINANCE) CEO Salary Level?

Agarwal took the company to a valuation of ₹2.96b. … Understanding how CEOs are incentivised to run and grow their company is an important aspect of investing in a stock. … CEOs leading companies of similar size and profitability

Simply Wall St -

Should You Have VLS Finance Limited's (NSE:VLSFINANCE) In Your Portfolio?

If you are looking to invest in VLS Finance Limited’s (NSE:VLSFINANCE), or currently own the stock, then you need to understand its beta in order to understand how it can affect the risk of your portfolio. … The second type is market risk, one that you cannot diversify away, since it arises from macroeconomic factors which directly affects all the stocks in the market. … A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one.

Simply Wall St -

Is VLS Finance Limited (NSE:VLSFINANCE) A Buy At Its Current PE Ratio?

and want to begin learning the link between VLS Finance Limited (NSE:VLSFINANCE)’s fundamentals and stock market performance. … VLS Finance Limited (NSE:VLSFINANCE) is currently trading at a trailing P/E of 10.3x, which is lower than the industry average of 20.8x. … Although some investors may jump to the conclusion that this is a great buying opportunity, understanding the assumptions behind the P/E ratio might change your mind

Simply Wall St -

Can VLS Finance Limited (NSE:VLSFINANCE) Improve Your Portfolio Returns?

A widely-used metric to measure a stock's market risk is beta, and the broad market index represents a beta value of one. … VLS Finance's beta of 0.89 indicates that the stock value will be less variable compared to the whole stock market. … VLSFINANCE’s beta indicates it is a stock that investors may find valuable if they want to reduce the overall market risk exposure of their stock portfolio.

Simply Wall St -

VLS Finance Limited (NSEI:VLSFINANCE): Risks You Need To Consider Before Buying

Generally, an investor should consider two types of risk that impact the market value of VLSFINANCE. … View our latest analysis for VLS Finance An interpretation of VLSFINANCE's beta VLS Finance has a beta of 1.01, which means that the percentage change in its stock value will be higher than the entire market in times of booms and busts. … How VLSFINANCE's assets could affect its beta An asset-heavy company tends to have a higher beta because the risk associated with running fixed assets during a downturn is highly expensive.

Simply Wall St -

VLSFINANCE Company Info

Description

VLS Finance Limited provides investment banking, structured finance, corporate consulting and advisory, stock broking, privatization and infrastructure finance, and proprietary investments and equity research services in India. The company’s corporate consulting and advisory services include private placement of equities, debentures, and preference shares and bonds with banks, financial institutions, foreign institutional investors, mutual funds, corporates, and high net worth clients; advising on structuring of schemes for raising debts in the form of fixed income securities; project reports, evaluations, and appraisals from financial institutions/banks; syndication of term loans, working capital, bridge loans, and short term financing; and advisory services on financial and corporate restructuring, spin-offs, mergers and acquisitions, and takeovers. Its corporate consulting and advisory services also comprise arranging external commercial borrowings and advising on rupee term loan swaps with foreign currency loans; support services, including corporate finance, tax planning, audit and accounting, financial and legal consultancy for corporates; arranging factoring of book debts and credit rating; placement of commercial papers; creation of trusts and procedural aspects of securities creation; syndication of asset funding businesses; and identification and arrangement of tie-ups of domestic and foreign partnerships. In addition, the company offers investment banking services, such as determination of the issue size and pricing; drafting of the offer document and filling it with SEBI for approval; marketing of the issue to the strategic and institutional investors, and individuals; co-ordination with various regulatory authorities and private agencies during the issue; monitoring of the press, investor, and analyst meets; selection of the market timing; and other services. VLS Finance Limited was incorporated in 1986 and is based in New Delhi, India.

Details
Name: VLS Finance Limited
VLSFINANCE
Exchange: NSEI
Founded: 1986
₹1,411,163,620
38,662,017
Website: http://www.vlsfinance.com
Address: VLS Finance Limited
13, Sant Nagar,
2nd Floor,
New Delhi,
Delhi, 110065,
India
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
NSEI VLSFINANCE Equity Shares National Stock Exchange of India IN INR 25. May 1995
BSE 511333 Equity Shares Mumbai Stock Exchange IN INR 25. May 1995
Number of employees
Current staff
Staff numbers
40
VLS Finance employees.
Industry
Investment Banking and Brokerage
Diversified Financials
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2020/04/09 14:00
End of day share price update: 2020/04/09 00:00
Last earnings filing: 2020/02/13
Last earnings reported: 2019/12/31
Last annual earnings reported: 2019/03/31


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.