VAKRANGEE
LIMITED
Q3 FY2017-18 Financial Results
Vakrangee Limited (VL), announced its
unaudited Financial Results for the quarter ended December 31, 2017 of the
financial year 2017-18.
·
Net Sales stood at `1,802.42 Crore, YoY growth of 84.13%
·
EBIDTA stood at `366.02 Crore, YoY growth of 56.85%
·
PAT stood at `246.66 Crore, YoY growth of 87.50%
·
Total Number of Vakrangee Kendra Outlets increased to 44,286
outlets. Well on Track to deliver and achieve on the Planned Expansion Plan
Key Financial Highlights
for
Q3FY2017-18 (Consolidated)
➢ Net Sales stood at Rs.1,802.42 crore
in Q3FY2017-18 as against Rs.978.86 crore for the corresponding quarter last
year, registering a growth of 84.13%
➢ Total revenue from Vakrangee Kendra
business stood at Rs.1,683.72 Crore in Q3FY2017-18, registering a growth of
168.07%. The Percentage share of total revenue of Vakrangee Kendra business has
now increased to 96.19%.*
➢ EBIDTA stood at Rs.366.02 crore in
Q3FY2017-18 as against Rs.233.36 crore for the corresponding quarter last year,
registering a growth of 56.85%
➢ PAT stood at Rs.246.66 crore in
Q3FY2017-18 as against Rs.131.55 crore for the corresponding quarter last year,
registering a growth of 87.50%
➢ Total Comprehensive Income including
Gain from Fair Value of Equity Instruments stood at Rs.`274.87 crore in Q3FY2017-18 as against Rs.130.22 crore for
the corresponding quarter last year,
registering a growth of 111.08%
➢ EPS (basic) for the face value of Rs.1
stood at Rs.2.33 in Q3FY2017-18 as against `1.25 in
Q3FY2016-17
Key Financial Highlights
for 9MFY2017-18 (Consolidated)
➢ Net Sales stood at Rs.4,655.06 crore
in 9MFY2017-18 as against Rs.2,855.48
crore for the corresponding period last year, registering a growth of 63.02%
➢ EBIDTA stood at Rs.922.84 crore in
9MFY2017-18 as against Rs.681.99 crore for the corresponding period last year,
registering a growth of 35.32%
➢ PAT stood at Rs.604.49 crore in
9MFY2017-18 as against Rs.379.40 crore for the corresponding period last year,
registering a growth of 59.33%
➢ Total Comprehensive Income including
Gain from Fair Value of Equity Instruments stood at Rs.633.18 crore in
9MFY2017-18 as against Rs.375.80 crore for the corresponding period last year,
registering a growth of 68.49%
(Note: * Figures are Standalone)
About Vakrangee Limited
(BSE Code: 511431; NSE Code:
VAKRANGEE)
Incorporated in 1990, Vakrangee is
the unique technology driven company focused on building India's largest network
of last-mile retail outlets to deliver real-time banking, insurance,
e-governance, e-commerce and logistics services to the unserved &
underserved rural, semi-urban and urban markets.
These retail outlets are called as “Vakrangee
Kendra” which act as the “One-stop shop” for availing various services and
products. Vakrangee is currently operating more than 44,200 “Vakrangee Kendra”
outlets across India.
The company has plans to setup and
manage a total of 75,000 “Vakrangee Kendra” outlets across India by 2020 and
covering the presence in all Postal code of the country. Vakrangee has been at
the forefront in financial inclusion space in India. It has signed “Common BC”
and “National BC” agreements with various banks for offering real-time banking
to unserved and underserved rurban population.
Banking at “Vakrangee Kendra” outlets
is a unique experience with disruptive technology like APS, e-KYC,
interoperability and real-time transactions. In addition to banking “Vakrangee
Kendra” outlets also provide insurance products, e-governance services and
ecommerce products & services.
The company also offers assisted
e-commerce services offering strong platform for buying/collecting/delivering
large variety of products; alliance with Netmeds Marketplace Limited to offer medicines
and other health products; the Company has also alliance with RedBus for
offering bus ticketing services and with Mahindra eMarket Limited, a subsidiary
of M&M for promoting and booking automobile products using the last-mile
distribution network of Vakrangee Kendra outlets.
The Company has alliance with Indian
Railway Catering and Tourism Corporation Limited (IRCTC) for offering Railway
E-Tickets booking through Vakrangee Kendras and has also alliance with IndusInd
Bank Limited for Bharat Bill Payment System platform to deliver wide range of
bill payment services from Vakrangee Kendra outlets. The Company also intend to
provide GST (Goods and Services Tax) Registration, Filing of Returns, Payment
and other value-added services through Vakrangee Kendra Outlets.
The Company has alliance with Vasco
Worldwide, an avant-garde travel service enterprise, to provide Travel Concierge
& Visa support services and has also tie-up with DMI Finance Private
Limited (DMI) to act as a Lead generator for offering its various loan products
and collection of EMIs to citizens across Pan India.
The Company has corporate agency
tie-up for Life, General and Health insurance with Life Insurance Corporation of
India (LIC), HDFC Life Insurance Company Limited, Bajaj Allianz Life Insurance Company
Limited and other Insurance Companies.
The Company has also alliance with
FedEx Express, Aramex India Private Limited, Delhivery Private Limited and First
Flight Couriers Limited for courier and logistics services (Forward Delivery as
well as Reverse Pick Up services) using the last-mile distribution network of
Vakrangee Kendra outlets.
Vakrangee moves towards its vision
2020 has strategic tie-up with Indian Oil Corporation Limited (IOCL), India's largest
commercial enterprise and Vakrangee Kendra shall be set up in about 20,000 plus
IOC Retail Outlets (Filling/Gas Station) located PAN India.
The Company has been classified in
the Specialty Retail Industry by Bombay Stock Exchange (BSE) and is also included
in the Group “A” category of BSE. The Company is also part of indices like BSE
100, BSE 200, BSE 500, NSE 200, NSE 500, Nifty Full Midcap 100, Nifty Free
Float Midcap 100 index, Nifty Large Midcap 250 and is also included in MSCI
Global Standard Index. Vakrangee is also certified with CMMI Maturity Level 3,
ISO 9001:2008, ISO 20000-1:2011 and ISO 27001:2013.
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