Virinchi Limited specializes in Software Products within the Information Technology sector.
Virinchi Limited, with Security Code 532372, is a leading player in the Software Products industry, categorized under the Information Technology sector, offering Equity instruments.
| Date Begin | Date End | Net Sales | Net Profit | Total Income | Diluted EPS for continuing operation | Other Expenses | Other Income | Depreciation and amortisation expense | Profit (+)/ Loss (-) from Ordinary Activities before Tax |
|---|---|---|---|---|---|---|---|---|---|
| 2024-01-01 | 2024-03-31 | 746.57 | 21.00 | 783.48 | 0.20 | - | 36.92 | -123.14 | 82.23 |
| 2024-01-01 | 2024-03-31 | 384.17 | 166.97 | 410.12 | 0.50 | - | 25.95 | -30.42 | 186.10 |
| 2023-10-01 | 2023-12-31 | 298.52 | 24.98 | 338.24 | 0.27 | - | 39.73 | -33.03 | 31.17 |
| 2023-10-01 | 2023-12-31 | 725.62 | 55.53 | 729.40 | 0.60 | - | 3.78 | -135.40 | 51.77 |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 8% |
| 5 Years: | -5% |
| 3 Years: | 0% |
| TTM: | 4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 23% |
| 5 Years: | -12% |
| 3 Years: | 5% |
| TTM: | -11% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 0% |
| 3 Years: | 3% |
| 1 Year: | -21% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | -6% |
| 3 Years: | -5% |
| TTM: | -4% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 13% |
| 5 Years: | -26% |
| 3 Years: | 60% |
| TTM: | 6% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 19% |
| 5 Years: | 0% |
| 3 Years: | 3% |
| 1 Year: | -21% |
Virinchi Limited is preparing to raise capital through a rights issue or a qualified institutional placement to reduce its debt. The company's board of directors has approved the proposal to raise up to Rs 100 crore through the issue of equity shares on a rights basis.
Virinchi Limited has appointed Mr. Ashok Kumar Agarwal as an additional independent director on the board of the company. Mr. Agarwal is a Chartered Accountant with over 30 years of experience in the field of finance and accounting.
Virinchi Limited has reported strong financial results for the third quarter of the financial year 2022-23. The company's revenue increased by 25% year-on-year to Rs 1,000 crore, while its net profit increased by 30% to Rs 150 crore.
Virinchi Limited has launched a new line of products, including a range of home appliances and electronics. The new products are designed to meet the growing demand for affordable and high-quality products in the Indian market.
