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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
Vardhman Holdings Limited is an India-based non-banking financial company. The Company is primarily in the investment business. The Company’s portfolio consists of investments in debt, equity and real estate. It diversifies its portfolio into equity, debt, money market and…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, stagnant business, fairly priced.
Vardhman Holdings is scored on the nbfc / financials framework.
Over the last 3 years revenue compounded at 28%/yr and profit at -2%/yr. Book value has grown 7%/yr. Return on equity is a weak 5.7%. In the latest quarter profit grew 83% versus the prior quarter.
At 5× earnings, the stock sits at the 58th percentile of its own 3.6-year range — the middle of where it has historically traded. Today's price asks for only ~-13%/yr growth over a decade — undemanding expectations. The books come through clean — a forensic grade of A.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 4.29 | 10.88 | better |
| P/B | 0.29 | 1.4 | better |
| EV/EBITDA | 4.12 | 14.13 | better |
| ROE | 5.74 | — | — |
| ROCE | 6.09 | — | — |
| ROA | 6.67 | — | — |
| Quick Ratio | 14.75 | 34.9 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| Bajaj Finance | 30.6 | 5.5 | 17.6% |
| Bajaj Finserv | 13.6 | 3.5 | 12.7% |
| Shriram Finance | 17.8 | 2.0 | 11.4% |
Not applicable for this sector.
Revenue is on a 2-year growth streak. 28% CAGR over 3 years — high-growth territory. Growth is decelerating — latest year grew slower than the year before.
Revenue is outpacing profit (28% vs -2%) — costs are rising faster than the top line.
ROE at 6% — modest; the capital isn't working hard. Low variance across years — a predictable business that earns steadily on its equity base.
EPS dropped in the latest year despite possible profit changes — dilution or a profit dip could be at play. -2% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
3 of 4 years had negative operating cash flow — profitability on paper may not translate to cash. Financing outflows in consecutive years — balance-sheet discipline through debt repayment or dividends.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue rose 3182% sequentially — momentum is building. Wide quarterly swings (97% spread) — likely seasonality, lumpy orders, or project-based revenue. Run-rate stepping up — recent quarters average 31% above earlier ones.
Profit jumped 83% QoQ — check if this is operating leverage or a one-off item. Quarterly margins are compressing (1677% → 906%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoters hold 74.9% — heavily owner-operated with strong skin in the game.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.