Annual reportSep 2026
Sep 2026 · Outcome of Board Meeting 4 Sep - Board approved 17th AGM on Sept 28, 2026, annual report, and director reappointment/regularization.
Source: Nse
Vdeal System Ltd. (VDEAL)
SME CapIndustrials stocks · SME cap · NSE
Vdeal System Ltd. operates in Distribution Systems, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 19 Oct, 05:56 pm ISTDetails
Quote19 Oct, 05:56 pm IST
Base fundamentals05 Oct 2026 · screener
Latest result01 Jun, 07:59 pm IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags24 Apr 2026
Coverage13/14 · 93%
Valuation2026-07-20 · Rf 6.8% · Industrials P/E 26.2 (n=537)
Technical timing lens
Trend score and candlestick chart
34Bearishfull bear SMA stack · SMA20 -23.6% / mo · MACD + · near 52W low
Stock trend: 24
Sector RS: 50
Sector 3M: -6.3% vs Nifty 500 -5.6%
Industrials FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
VDEALD candles · FIT view-39.8%Latest close ₹107.00 on 2026-10-19
Bar
-2.6%
RSI
39
MACD hist
1.85
52W pos
4%
2026-10-19O ₹109.90H ₹110.00L ₹107.00C ₹107.00Vol 2,400 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
VDEALNifty India ManufacturingNifty 500
- VDEAL
- -30.5%
- Nifty 500
- -5.6%
- Nifty India Manufacturing
- -5.8%
- Vs Nifty 500
- -24.9 pp
Chart stats
19 Oct 2026- From 52W high
- -58.8%
- 52W range position
- 4%
- ATR (14)
- 6.2%
- Volume vs 20D
- 0.20x
- Avg traded value
- ₹0.1 Cr
- 20D price channel
- ₹101.1 - ₹128.4
₹260
₹101.1 - ₹260
₹6.7
Latest completed session
20-session average
73.2% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is weak.
Suggested next step
Check latest quarters
Result consistency is weak; verify whether the thesis is improving or deteriorating.
U-Score
Legacy · FAIR VALUE55
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Excellent85
Revenue +54.1% · PAT +39.1% YoY
Technical
Bearish34
Price trend and sector-relative-strength timing.
Valuation
Legacy model+68.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence60
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 31 Mar 2026
Excellent · 85/100Rev +54% YoY · PAT +39% YoY · margin expansion · +69% QoQ
Filed 31 Mar 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹28.4 Cr | +54.1% | +69.2% |
| EBITDA | ₹5.3 Cr | NDF | +127.4% |
| Operating margin | 18.8% | NDF | +481 bps |
| PAT | ₹2.9 Cr | +39.1% | +125.0% |
| PAT margin | 10.2% | NDF | +252 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 13.00
- P/B
- 1.81
- EV/EBITDA
- 9.23
- Market Cap
- 54.00Cr
Profitability
- ROE
- 15.00%
- ROCE
- 17.20%
- ROA
- 6.49%
- Dividend Y
- —
Growth (CAGR)
- Revenue 5Y
- 22.00%
- EPS 5Y
- 78.00%
- Revenue 3Y
- 23.00%
- EPS 3Y
- 56.00%
Balance Sheet
- Debt/Equity
- 0.69
- Interest Coverage
- 4.79×
- Altman Z
- 2.75
- Book Value
- 60.90
Cash Flow
- FCF Yield
- —
- FCF Positive Y
- 2/5
- OCF
- -6.37 Cr
- EPS TTM
- 8.51
Shareholding
- Promoter Hold
- 67.00%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 6%
Financial History
Updated 20/10/2026
Revenue
₹ CrLatest: 45.1+34.3% vs prev
Net Profit
₹ CrLatest: 4.2+4.3% vs prev
Return on Equity
%Latest: 14.0-10.3% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 39. Wait for confirmation.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~30.8% over last month) — short-term momentum negative.
- RSI(14) at 39 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- 59% off 52W high · 6% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
5
RS percentile
Stage 4 Downtrend
1M return
-7.0%
3M return
-34.0%
6M return
-42.8%
1Y return
-45.0%
RS 1D
-4
RS 20D
-6
Sector rank
#2
Industry rank
#8
Stage evidence
- Price is 32.3% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -5.1%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
leading
Industry
leading
Relative-strength line vs Nifty 500 (base 100)
224 observations
19 Oct 2026Value 56.61-4.79%
RS vs Nifty 50057
Valuation & peers
U-Score 55 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 55 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Deep Value
Fundamental score breakdown
U band · FAIR VALUEValuation22/30
Growth19/25
Quality9/20
Balance Sheet8/15
Cash Flow1/10
Piotroski
6/9 (+3)
Penalties
-7
Raw sum
55
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
55/100 · legacy band FAIR VALUE
Positive drivers
- Fair-value margin of safety is positive at 68.0%.
- Growth contributes 19/25 to the score.
- Valuation contributes 22/30 to the score.
Main drags
- Penalty bucket subtracts 7 points.
- Cash flow is weaker at 1/10; verify the latest quarterly trend.
- Quality is weaker at 9/20; verify the latest quarterly trend.
Sector valuation model
Blended valuation: PE, EV/EBITDA, FCF yield, and balance-sheet checks
For this sector, IndiaPulse uses a blended lens rather than relying on a single valuation ratio.
Primary lens
PE, EV/EBITDA, margin of safety, and FCF yield together.
Secondary checks
ROE/ROCE, growth, cash conversion, leverage, promoter risk.
Main risk check
One cheap metric is not enough if quality or cash flow is weak.
PE
13.0
PB
1.8
EV/EBITDA
9.2
ROE
15.0%
ROCE
17.2%
FCF Yield
—
Debt/Equity
0.7
MoS
+68.0%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
55
Previous: 55
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+68.0%
Previous: +68.0%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
55
55
55
55
55
54
53
53
53
53
55
55
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹107.99
+0.9% MoS
Growth-justified P/E
39.3
Growth-justified Value
₹334.44
+68.0% MoS
PEG
0.19
Comparable companies
Peers
Business-comparable peers in Industrials — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
MARCO
SME
Marco Cables & Conductors Ltd.
Electrical Equipment
match 59
38
15.2
12.2%
+61%
WATCHLIST
SEL
SME
Sungarner Energies Ltd.
Electrical Equipment
match 58
46
19.4
29.1%
+52%
FAIR VALUE
EFORCE
SME
Electro Force (India) Ltd.
Electrical Equipment
match 57
21
65.2
0.9%
-72%
OVERVALUED
ATCENERGY
SME
ATC Energies System Ltd.
Electrical Equipment
match 57
20
—
-1.7%
—
OVERVALUED
TARAPUR
Small
Tarapur Transformers Limited
Electrical Equipment
match 47
17
—
—
—
OVERVALUED
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
Vdeal System Ltd. operates in Distribution Systems, within the Industrials sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 31 Mar 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
60Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 28th percentile of the scored universe and 24th percentile within Industrials. Main check: cash conversion is weak at 40/100.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 05 Sept 2026
management-trust-v1
0 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
28th percentile
overall median 67 · Industrials: 24th pctile, median 68 · SME: 32nd pctile, median 64
Evidence depth
Financial-only
0 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
86
strong · holding, pledge, alignment
Cash flow
40
weak · profit to cash conversion
Balance sheet
73
acceptable · leverage and solvency
Discipline
58
watch · capital discipline
Results
45
watch · quarterly consistency
Trust positives
- ▸Promoter holding is 67%.
- ▸Promoter pledge is zero.
Trust risks
- ▸Operating cash flow is negative at ₹-6 Cr.
- ▸ROCE trend is -11.1%.
- ▸OPM spread across recent quarters is 15.3%.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching Vdeal System Ltd.
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Nse
Annual reportMar 2025
Mar 2025 · Annual Report 2025
Source: Nse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.