Virinchi

Who are in the management team of Virinchi?

As of March 2022, the management team of Virinchi includes Viswanath Kompella (Chairman Emeritus), K Sri Kalyan (Director), K Ravindranath Tagore (Company Secretary), K Kalpana (Independent Director), M V Srinivasa Rao (Whole Time Director & CFO), Suresh Juthuga (Independent Director), Satyanarayan Vedula (Vice Chairman & Executive Director), and Shyam Sunder Tipparaju (Independent Director). These individuals oversee the company's operations and strategic direction.

As of March 2022, the management team of Virinchi includes the following individuals:<BR><BR>1. Viswanath Kompella - Chairman Emeritus<BR>2. K Sri Kalyan - Director<BR>3. K Ravindranath Tagore - Company Secretary & Compliance Officer<BR>4. K Kalpana - Independent Director<BR>5. M V Srinivasa Rao - Whole Time Director & CFO<BR>6. Suresh Juthuga - Independent Director<BR>7. Satyanarayan Vedula - Vice Chairman & Executive Director<BR>8. Shyam Sunder Tipparaju - Independent Director<BR><BR>These members play various roles in guiding and overseeing the company's operations.

What does Virinchi do?

Virinchi Ltd is a micro-cap software products company, originally founded in 1990, with recent quarterly results showing net sales of 69 Cr and a net loss of 4 Cr. The company has a market cap of Rs 239 Cr and operates under a P/E ratio of 239.00.

Overview:<BR>Virinchi Ltd operates in the software products industry and is categorized as a micro-cap company.<BR><BR>History:<BR>Virinchi Ltd was originally incorporated on 13 March 1990 as a Private Limited Company named 'Vrinchi Consultants Limited'. The company changed its name to 'Vrinchi Technologies Limited' on October 08, 2003, and was converted into a Public Limited Company on January 22, 2000. The latest quarterly results reported net sales and profit for the period ending March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 69 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: -4 Cr (Quarterly Results - Mar 2025)<BR>- Market Cap: Rs 239 Cr (Micro Cap)<BR><BR>Key Metrics:<BR>- P/E: 239.00<BR>- Industry P/E: 29<BR>- Dividend Yield: 0.00%<BR>- Debt-Equity: 0.60<BR>- Return on Equity: 0.15%<BR>- Price to Book: 0.50<BR><BR>Contact Details:<BR>Address: 8-2-672/ 5 & 6 4th Flr, IlyasM Khan Est Rd 1 Banjara H Secunderabad Telangana : 500026<BR>Tel: 91-40-48199999<BR>Email: investors@virinchi.com<BR>Website: http://www.virinchi.com

What is the bonus history of the Virinchi?

Virinchi Ltd announced a 1:1 bonus issue on March 21, 2022, with a record date of March 22, 2022, allowing shareholders to receive an additional share for each share owned.

Virinchi Ltd has a recent bonus history that includes a 1:1 bonus issue announced with an ex-date of March 21, 2022. The record date for this bonus was March 22, 2022. This means that shareholders on record as of the record date received an additional share for every share they owned. If you have any more questions about Virinchi or its financial activities, feel free to ask!

Has Virinchi declared dividend?

Yes, Virinchi Ltd has declared a 5% dividend, amounting to 0.5 per share, with an ex-date of September 17, 2012. However, the dividend yield is 0%, and total returns have declined significantly over shorter periods, though there was a positive return of 61.24% over five years.

Yes, Virinchi Ltd has declared a dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 5%<BR>- Amount per share: 0.5<BR>- Ex-date: 17 Sep 12<BR><BR>Dividend Yield: 0%<BR><BR>Total Returns by Period:<BR>In the 6 months period, the price return was -25.68%, the dividend return was 0%, resulting in a total return of -25.68%.<BR><BR>In the 1 year period, the price return was -33.88%, the dividend return was 0%, resulting in a total return of -33.88%.<BR><BR>In the 2 years period, the price return was -33.2%, the dividend return was 0%, resulting in a total return of -33.2%.<BR><BR>In the 3 years period, the price return was -27.39%, the dividend return was 0%, resulting in a total return of -27.39%.<BR><BR>In the 4 years period, the price return was -20.2%, the dividend return was 0%, resulting in a total return of -20.2%.<BR><BR>In the 5 years period, the price return was 61.24%, the dividend return was 0%, resulting in a total return of 61.24%.<BR><BR>Overall, while Virinchi Ltd has declared a dividend, the dividend yield remains at 0%, indicating that the dividend has not contributed to returns in recent periods. The total returns show significant declines over the shorter periods, but a positive return over the five-year period suggests some recovery in the long term.

Who are the peers of the Virinchi?

Virinchi's peers include Oracle Fin.Serv., C.E. Info System, Tanla Platforms, Moschip Tech., Nucleus Soft., Intense Tech., Odyssey Tech., Atishay, and Avance Tech. Among these, Atishay has the highest 1-year return at 66.99%, while Virinchi has the lowest at -36.29%.

Peers: The peers of Virinchi are Oracle Fin.Serv., C.E. Info System, Tanla Platforms, Moschip Tech., Nucleus Soft., Intense Tech., Odyssey Tech., Atishay, and Avance Tech.<BR><BR>Quality Snapshot: Excellent management risk is observed at Oracle Fin.Serv. and Intense Tech., while Good management risk is found at C.E. Info System and Nucleus Soft. Average management risk is noted at Tanla Platforms and Atishay, while Below Average management risk is seen at Moschip Tech., Virinchi, Odyssey Tech., and Avance Tech. Growth is Excellent at Avance Tech., Good at C.E. Info System, Tanla Platforms, and Atishay, while Below Average growth is observed at Oracle Fin.Serv., Nucleus Soft., Virinchi, Intense Tech., and Odyssey Tech. Below Average capital structure is noted at Moschip Tech., Virinchi, and Avance Tech., while Excellent capital structure is seen at Oracle Fin.Serv., C.E. Info System, Tanla Platforms, Nucleus Soft., and Intense Tech.<BR><BR>Return Snapshot: The peer with the highest 1-year return is Atishay at 66.99%, while the peer with the lowest is Virinchi at -36.29%. Compared to its peers, Virinchi's 1-year return is significantly lower. Additionally, the six-month return is negative for Oracle Fin.Serv., Tanla Platforms, Moschip Tech., Virinchi, Intense Tech., Odyssey Tech., and Avance Tech.

Is Virinchi overvalued or undervalued?

As of July 20, 2023, Virinchi's valuation has improved to very attractive, indicating it may be undervalued with a high PE ratio of 239.37 but a low Price to Book Value of 0.50, especially when compared to peers like TCS and Infosys, despite a year-to-date decline of 18.86% against the Sensex.

As of 20 July 2023, Virinchi's valuation grade has moved from attractive to very attractive, indicating a significant positive shift in its market perception. The company appears to be undervalued based on its current metrics, particularly with a PE ratio of 239.37, an EV to EBITDA of 5.87, and a Price to Book Value of 0.50. These ratios suggest that despite the high PE ratio, the company is trading at a discount relative to its book value, which is a key indicator of potential undervaluation.<BR><BR>In comparison to its peers, Virinchi's valuation stands out, especially against TCS, which has a PE ratio of 25.23 and an EV to EBITDA of 17.63, and Infosys, with a PE ratio of 24.32 and an EV to EBITDA of 15.83. This stark contrast highlights Virinchi's potential for growth and value realization. Although the stock has underperformed against the Sensex over various time frames, particularly with a year-to-date decline of 18.86% compared to the Sensex's 5.66%, the current valuation metrics suggest that it may present a compelling investment opportunity moving forward.

What is the technical trend for Virinchi?

As of May 15, 2025, Virinchi's trend is mildly bearish with mixed signals from key indicators, including a mildly bullish weekly MACD and bearish monthly MACD, while the RSI shows potential upward momentum on the monthly chart.

As of 15 May 2025, the technical trend for Virinchi has changed from bearish to mildly bearish. The weekly MACD is mildly bullish, while the monthly MACD remains bearish, indicating mixed signals. The RSI shows no signal on the weekly chart but is bullish on the monthly, suggesting potential upward momentum over a longer time frame. Bollinger Bands are mildly bearish on both weekly and monthly charts, reinforcing a cautious outlook. Daily moving averages are mildly bearish, which aligns with the overall trend. The KST is mildly bullish weekly but bearish monthly, adding to the mixed sentiment. Dow Theory indicates no trend in both weekly and monthly perspectives. The OBV is mildly bullish on both time frames, suggesting some accumulation. Overall, the current stance is mildly bearish, with key indicators reflecting mixed signals across different time frames.

Who are the top shareholders of the Virinchi?

The top shareholder of Virinchi is promoter Viswanath Kompella, holding 15.93%. Non-institutional investors collectively own 52.18%, with the highest public shareholder being Narendrakumar Bhagwandas Gupta at 1.57%.

The top shareholders of Virinchi include Viswanath Kompella, who is the promoter with the highest holding at 15.93%. The majority of the shareholding is held by non-institutional investors, with individual investors collectively holding 52.18%. Additionally, there are three foreign institutional investors (FIIs) that hold a combined 0.22%. The highest public shareholder is Narendrakumar Bhagwandas Gupta, with a holding of 1.57%. The pledged promoter holdings stand at 36.03%.

How big is Virinchi?

As of 24th July, Virinchi Ltd has a market capitalization of 297.00 Cr, with recent net sales of 301.13 Cr and a net profit of 0.73 Cr over the last four quarters. Shareholder's funds are 454.94 Cr, and total assets amount to 850.91 Cr as of March 2024.

As of 24th July, <BR><BR>Market Cap: Virinchi Ltd has a market capitalization of 297.00 Cr, categorizing it as a Micro Cap company.<BR><BR>Recent Quarterly Performance: The sum of Net Sales for the latest 4 quarters is 301.13 Cr, while the sum of Net Profit for the same period is 0.73 Cr.<BR><BR>Balance Sheet Snapshot: The reporting period for the balance sheet is March 2024. Shareholder's Funds stand at 454.94 Cr, and Total Assets amount to 850.91 Cr.

When is the next results date for Virinchi?

The next results date for Virinchi is 13 November 2025.

The next results date for Virinchi is scheduled for 13 November 2025.

How has been the historical performance of Virinchi?

Virinchi has experienced a declining trend in net sales and profits from Mar'19 to Mar'25, with net sales dropping from 407.09 Cr to 301.13 Cr and profit after tax falling from 58.92 Cr to 0.48 Cr, alongside increasing total assets and liabilities. The company's cash flow from operating activities also decreased, indicating financial challenges.

Answer:<BR>The historical performance of Virinchi shows a declining trend in net sales and profit over the years, with significant fluctuations in various financial metrics.<BR><BR>Breakdown:<BR>Virinchi's net sales have decreased from 407.09 Cr in Mar'19 to 301.13 Cr in Mar'25, reflecting a downward trend over the years. Total operating income followed a similar pattern, dropping from 407.09 Cr in Mar'19 to 301.13 Cr in Mar'25. The total expenditure, excluding depreciation, decreased from 286.94 Cr in Mar'19 to 211.91 Cr in Mar'25, indicating a reduction in costs. Operating profit (PBDIT) also saw a decline, falling from 124.17 Cr in Mar'19 to 96.39 Cr in Mar'25. Profit before tax decreased significantly from 66.14 Cr in Mar'19 to just 2.37 Cr in Mar'25, and profit after tax dropped from 58.92 Cr in Mar'19 to 0.48 Cr in Mar'25, illustrating a concerning reduction in profitability. The company's total assets increased from 566.96 Cr in Mar'20 to 847.35 Cr in Mar'25, while total liabilities also rose from 566.96 Cr to 847.35 Cr during the same period. Cash flow from operating activities decreased from 127.00 Cr in Mar'23 to 83.00 Cr in Mar'25, and the net cash outflow increased from -5.00 Cr in Mar'23 to -12.00 Cr in Mar'25, indicating challenges in cash management. Overall, Virinchi's financial performance reflects a trend of declining revenues and profits, coupled with increasing liabilities.

Should I buy, sell or hold Virinchi Ltd?

Are Virinchi Ltd latest results good or bad?

Virinchi Ltd's latest results show a mixed performance: while the company achieved a net profit of ₹1.66 crore and a 24.48% revenue increase quarter-on-quarter, it faced a 6.69% year-on-year revenue decline and a significant drop in net profit compared to last year, raising concerns about long-term growth and efficiency.

The latest results for Virinchi Ltd present a mixed picture. On one hand, the company reported a net profit of ₹1.66 crore in Q3 FY26, marking a significant recovery from a loss of ₹13.60 crore in the previous quarter. This turnaround is a positive sign. Additionally, revenue increased by 24.48% quarter-on-quarter to ₹76.89 crore, reversing a previous decline, and the operating margin improved dramatically to 33.35% from 17.11%.<BR><BR>However, there are notable concerns. Year-on-year, revenue declined by 6.69%, and the net profit fell by 55.97% compared to the same quarter last year. This indicates ongoing challenges in achieving sustainable growth. The company's return on equity (ROE) remains low at 2.11%, and its return on capital employed (ROCE) has dropped to a concerning 3.79%, suggesting inefficiencies in capital utilization.<BR><BR>Overall, while the quarterly results show some recovery, the underlying issues with revenue volatility and profitability raise significant concerns about the company's long-term performance. Investors should weigh these factors carefully.

Why is Virinchi Ltd falling/rising?

As of 11-Mar, Virinchi Ltd's stock price is Rs 18.90, reflecting a decline of 1.51% and significant drops over various periods, including 18.22% year-to-date. Despite a slight increase in investor participation, the stock remains in a bearish trend, trading below all moving averages and close to its 52-week low.

As of 11-Mar, Virinchi Ltd's stock price is falling, currently at Rs 18.90, which reflects a decrease of Rs 0.29 or 1.51%. The stock has shown a significant decline over various time periods, with a year-to-date drop of 18.22% and a one-year decline of 21.12%. Additionally, the stock is trading lower than its moving averages across all time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish trend.<BR><BR>Despite a slight increase in investor participation, with delivery volume rising by 30.87% against the 5-day average, the overall performance remains weak. The stock is also close to its 52-week low, just 3.07% away from Rs 18.32. Compared to the benchmark Sensex, which has experienced a decline of 2.85% over the past week, Virinchi's performance of +0.59% in the same period is relatively better, but this does not offset the overall negative trajectory observed in longer time frames.

Why is Virinchi Ltd falling/rising?

As of 12-Mar, Virinchi Ltd's stock price is rising to Rs 19.26, but it has underperformed over the past year with a return of -19.18%. Despite today's increase, the long-term outlook is concerning due to weak fundamentals and declining investor interest.

As of 12-Mar, Virinchi Ltd's stock price is rising, currently at Rs 19.26, reflecting an increase of Rs 0.29 or 1.53%. This rise can be attributed to its performance today, where it has outperformed its sector by 1.89%. Despite this positive movement, the stock has faced significant challenges over the longer term. Over the past year, it has generated a return of -19.18%, indicating a consistent underperformance against the benchmark, which has seen a return of +2.71% during the same period. <BR><BR>Additionally, the stock is currently trading close to its 52-week low, just 4.88% away from Rs 18.32. The company's fundamentals show weak long-term strength, with a -11.08% CAGR growth in operating profits over the last five years and a low return on equity of 2.11%. Furthermore, the company has reported a significant decline in profits, falling by -320.4% over the past year, which raises concerns about its financial health.<BR><BR>Investor participation has also been declining, as evidenced by a -7.44% drop in delivery volume compared to the 5-day average. This decline in investor interest, coupled with the company's weak ability to service its debt, suggests that while there may be short-term gains, the long-term outlook remains concerning. Overall, the stock's rise today appears to be a temporary fluctuation amidst a backdrop of significant challenges and underperformance.

Which are the latest news on Virinchi?