Voler Car Ltd.
•₹ 2240.9%
2026-08-21
PROS
- Company is almost debt free
- Company has a good return on equity (ROE) track record: 3 Years ROE 315.3%
- Company has a healthy return on capital (ROCE) of 120.5%
- Company generates healthy free cash flow
- Company converts assets efficiently - asset turnover of 1.6x
CONS
- Recent results are weak - TTM profit is down 22.1% versus prior year
- Poor cash conversion - profits are not backed by operating cash flow (CFO/PAT 0.44x)
- Working capital days have increased from 20 to 314 days
- Recurring exceptional / one-off items are inflating headline profit
* The pros and cons are machine generated based on quantitative rules.
Peer comparison
EDIT COLUMNS| S.No. | Name | CMP Rs. | P/E | Mar Cap Rs.Cr. | Div Yld % | NP Qtr Rs.Cr. | Qtr Profit Var % | Sales Qtr Rs.Cr. | Qtr Sales Var % | ROCE % | OPM % |
|---|---|---|---|---|---|---|---|---|---|---|---|
| 1. | PFOCUS | 279.00 | 187.99 | 21727.79 | 0.00 | -457.78 | -514.43 | 12668.15 | 1196.88 | 2.74 | 23.76 |
| 2. | SAGILITY | 42.46 | 20.02 | 19876.92 | 0.35 | 216.81 | 45.94 | 1963.48 | 27.59 | 13.82 | 22.32 |
| 3. | SYNGENE | 397.10 | 72.53 | 16029.70 | 0.31 | -9.00 | -110.38 | 736.00 | -15.84 | 9.48 | 12.34 |
| 4. | IGIL | 338.55 | 24.00 | 14630.77 | 1.48 | 165.74 | 30.98 | 370.78 | 23.22 | 77.00 | 60.35 |
| 5. | INDGN | 564.25 | 33.91 | 13592.86 | 0.40 | 1162.00 | 898.28 | 10631.00 | 1297.34 | 18.92 | 16.39 |
| 6. | NESCO | 1032.45 | 17.63 | 7274.64 | 0.68 | 93.05 | 5.00 | 251.62 | 31.05 | 19.23 | 46.86 |
| 7. | LEAPIND | 160.55 | 113.45 | 7072.81 | 0.00 | — | — | — | — | 9.32 | — |
| 8. | SPARC | 193.15 | 3.96 | 6268.13 | 0.00 | -20.78 | 59.94 | 39.92 | 314.11 | 163.94 | -85.17 |
| 9. | SMARTWORKS | 500.70 | 205.47 | 5727.06 | 0.00 | 13.15 | 413.27 | 546.25 | 44.05 | 52.26 | 63.33 |
| 10. | LATENTVIEW | 276.50 | 29.28 | 5721.48 | 0.00 | 47.10 | -6.84 | 286.88 | 21.55 | 16.69 | 19.76 |
| 11. | JUSTDIAL | 659.80 | 15.46 | 5611.54 | 0.00 | 115.74 | 38.44 | 270.27 | 16.23 | 12.88 | 26.17 |
| 12. | VOLERCAR | 223.40 | 0.00 | 248.95 | 0.00 | 1.09 | -13.78 | 14.21 | 15.06 | 26.34 | 6.01 |
Detailed Comparison with:
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
| Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | |
|---|---|---|---|---|---|---|---|---|---|
| 10 | 11 | 10 | 11 | 12 | 14 | 13 | 14 | 14 | |
| 9 | 9 | 9 | 10 | 11 | 13 | 12 | 14 | 13 | |
| Operating Profit | — | — | — | — | — | — | — | — | — |
| OPM % | — | — | — | — | — | — | — | — | — |
| Other Income | 0 | 0 | 0 | 0 | 1 | 1 | 1 | 1 | 1 |
| Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Depreciation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| 1 | 2 | 1 | 1 | 2 | 1 | 1 | 1 | 1 | |
| Tax % | 14.40% | 17.14% | 3.66% | 25.00% | 28.25% | 25.22% | 20.73% | 25.81% | 25.14% |
| Net Profit | 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 1 |
| 1 | 2 | 1 | 1 | 1 | 1 | 1 | 1 | 0 | |
| Equity Capital | 0 | 8 | 8 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Equity Capital | 0 | 8 | 8 | 11 | 11 | 11 | 11 | 11 | 11 |
| Reserves | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Promoter Pledge % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Jun 2024
- 10
- 9
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 14.40%
- Net Profit
- 1
- 1
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 0
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2024
- 11
- 9
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 17.14%
- Net Profit
- 2
- 2
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2024
- 10
- 9
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 3.66%
- Net Profit
- 1
- 1
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 8
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2025
- 11
- 10
- Operating Profit
- —
- OPM %
- —
- Other Income
- 0
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 25.00%
- Net Profit
- 1
- 1
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2025
- 12
- 11
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 2
- Tax %
- 28.25%
- Net Profit
- 1
- 1
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Sep 2025
- 14
- 13
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 25.22%
- Net Profit
- 1
- 1
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Dec 2025
- 13
- 12
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 20.73%
- Net Profit
- 1
- 1
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Mar 2026
- 14
- 14
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 25.81%
- Net Profit
- 1
- 1
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Jun 2026
- 14
- 13
- Operating Profit
- —
- OPM %
- —
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 1
- Tax %
- 25.14%
- Net Profit
- 1
- 0
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
- Equity Capital
- 11
- Reserves
- 0
- Promoter Pledge %
- 0.00%
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|
| 24 | 24 | 31 | 42 | 55 | |
| 22 | 23 | 26 | 38 | 53 | |
| Operating Profit | 3 | 4 | 7 | 5 | — |
| OPM % | 12 | 15 | 23 | 13 | — |
| Other Income | 1 | 3 | 2 | 1 | 3 |
| Interest | 1 | 0 | 0 | 0 | 0 |
| Depreciation | 1 | 1 | 0 | 0 | 0 |
| 1 | 3 | 7 | 5 | 4 | |
| Tax % | 28 | 27 | -15 | 16 | 24 |
| Net Profit | 1 | 2 | 8 | 4 | 3 |
| EPS | 1 | 3 | 564 | 4 | — |
| Dividend Payout % | 0 | 0 | 0 | 0 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 3 | 11 | 4 | — |
| Minority Interest | 0 | 0 | 0 | 0 | 0 |
| Share of Associates | 0 | 0 | 0 | 0 | 0 |
| Adjusted EPS | 1 | 3 | 11 | 4 | — |
Mar 2022
- 24
- 22
- Operating Profit
- 3
- OPM %
- 12
- Other Income
- 1
- Interest
- 1
- Depreciation
- 1
- 1
- Tax %
- 28
- Net Profit
- 1
- EPS
- 1
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 1
Mar 2023
- 24
- 23
- Operating Profit
- 4
- OPM %
- 15
- Other Income
- 3
- Interest
- 0
- Depreciation
- 1
- 3
- Tax %
- 27
- Net Profit
- 2
- EPS
- 3
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 3
Mar 2024
- 31
- 26
- Operating Profit
- 7
- OPM %
- 23
- Other Income
- 2
- Interest
- 0
- Depreciation
- 0
- 7
- Tax %
- -15
- Net Profit
- 8
- EPS
- 564
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 11
Mar 2025
- 42
- 38
- Operating Profit
- 5
- OPM %
- 13
- Other Income
- 1
- Interest
- 0
- Depreciation
- 0
- 5
- Tax %
- 16
- Net Profit
- 4
- EPS
- 4
- Dividend Payout %
- 0
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- 4
TTM
- 55
- 53
- Operating Profit
- —
- OPM %
- —
- Other Income
- 3
- Interest
- 0
- Depreciation
- 0
- 4
- Tax %
- 24
- Net Profit
- 3
- EPS
- —
- Dividend Payout %
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
- Minority Interest
- 0
- Share of Associates
- 0
- Adjusted EPS
- —
COMPOUNDED SALES GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 21%
COMPOUNDED PROFIT GROWTH
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 69%
STOCK PRICE CAGR
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- —
- 1 Year:
- 31%
RETURN ON EQUITY
- 10 Years:
- —
- 5 Years:
- —
- 3 Years:
- 315%
- Last Year:
- 23%
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| LIABILITIES | - | - | - | - |
| Equity Capital | 0 | 0 | 0 | 11 |
| -3 | -1 | 3 | 26 | |
| 1 | 1 | 0 | 0 | |
| Trade Payables | 6 | 6 | 3 | 3 |
| 4 | 3 | 3 | 4 | |
| Total Liabilities | 8 | 9 | 10 | 44 |
| ASSETS | - | - | - | - |
| 1 | 0 | 0 | 0 | |
| 0 | 0 | 4 | 4 | |
| Cash & Bank | 0 | 0 | 1 | 31 |
| 7 | 8 | 5 | 8 | |
| Total Assets | 8 | 9 | 10 | 44 |
| Total Debt | 6 | 4 | 1 | 0 |
| Net Working Capital | -3 | -2 | 2 | 36 |
| Contingent Liabilities | 0 | 1 | 2 | 2 |
| Book Value per Share | -210.03 | -73.92 | 196.04 | 33.23 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
| Total Debt | 6 | 4 | 1 | 0 |
| Net Working Capital | -3 | -2 | 2 | 36 |
| Contingent Liabilities | 0 | 1 | 2 | 2 |
| Book Value per Share | -210.03 | -73.92 | 196.04 | 33.23 |
| Face Value | 10.00 | 10.00 | 10.00 | 10.00 |
Mar 2022
- Equity Capital
- 0
- -3
- 1
- Trade Payables
- 6
- 4
- Total Liabilities
- 8
- 1
- 0
- Cash & Bank
- 0
- 7
- Total Assets
- 8
- Total Debt
- 6
- Net Working Capital
- -3
- Contingent Liabilities
- 0
- Book Value per Share
- -210.03
- Face Value
- 10.00
- Total Debt
- 6
- Net Working Capital
- -3
- Contingent Liabilities
- 0
- Book Value per Share
- -210.03
- Face Value
- 10.00
Mar 2023
- Equity Capital
- 0
- -1
- 1
- Trade Payables
- 6
- 3
- Total Liabilities
- 9
- 0
- 0
- Cash & Bank
- 0
- 8
- Total Assets
- 9
- Total Debt
- 4
- Net Working Capital
- -2
- Contingent Liabilities
- 1
- Book Value per Share
- -73.92
- Face Value
- 10.00
- Total Debt
- 4
- Net Working Capital
- -2
- Contingent Liabilities
- 1
- Book Value per Share
- -73.92
- Face Value
- 10.00
Mar 2024
- Equity Capital
- 0
- 3
- 0
- Trade Payables
- 3
- 3
- Total Liabilities
- 10
- 0
- 4
- Cash & Bank
- 1
- 5
- Total Assets
- 10
- Total Debt
- 1
- Net Working Capital
- 2
- Contingent Liabilities
- 2
- Book Value per Share
- 196.04
- Face Value
- 10.00
- Total Debt
- 1
- Net Working Capital
- 2
- Contingent Liabilities
- 2
- Book Value per Share
- 196.04
- Face Value
- 10.00
Mar 2025
- Equity Capital
- 11
- 26
- 0
- Trade Payables
- 3
- 4
- Total Liabilities
- 44
- 0
- 4
- Cash & Bank
- 31
- 8
- Total Assets
- 44
- Total Debt
- 0
- Net Working Capital
- 36
- Contingent Liabilities
- 2
- Book Value per Share
- 33.23
- Face Value
- 10.00
- Total Debt
- 0
- Net Working Capital
- 36
- Contingent Liabilities
- 2
- Book Value per Share
- 33.23
- Face Value
- 10.00
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| 4 | 2 | 3 | 1 | |
| Cash from Investing | -0 | -0 | -0 | -24 |
| Cash from Financing | -3 | -2 | -2 | 29 |
| 0 | -0 | 1 | 6 | |
| Free Cash Flow | 4 | 2 | 3 | 1 |
| OCF / Net Profit | 3.97 | 0.99 | 0.38 | 0.29 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
| OCF / Net Profit | 3.97 | 0.99 | 0.38 | 0.29 |
| Cumulative 5-Year FCF | 0 | 0 | 0 | 0 |
Mar 2022
- 4
- Cash from Investing
- -0
- Cash from Financing
- -3
- 0
- Free Cash Flow
- 4
- OCF / Net Profit
- 3.97
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 3.97
- Cumulative 5-Year FCF
- 0
Mar 2023
- 2
- Cash from Investing
- -0
- Cash from Financing
- -2
- -0
- Free Cash Flow
- 2
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.99
- Cumulative 5-Year FCF
- 0
Mar 2024
- 3
- Cash from Investing
- -0
- Cash from Financing
- -2
- 1
- Free Cash Flow
- 3
- OCF / Net Profit
- 0.38
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.38
- Cumulative 5-Year FCF
- 0
Mar 2025
- 1
- Cash from Investing
- -24
- Cash from Financing
- 29
- 6
- Free Cash Flow
- 1
- OCF / Net Profit
- 0.29
- Cumulative 5-Year FCF
- 0
- OCF / Net Profit
- 0.29
- Cumulative 5-Year FCF
- 0
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|
| PER SHARE | - | - | - | - |
| EPS (₹) | 62.61 | 136.10 | 563.79 | 4.04 |
| Book Value (₹) | -210.03 | -73.92 | 196.04 | 33.23 |
| Dividend per Share (₹) | 0.00 | 0.00 | 0.00 | 0.00 |
| Cash EPS (₹) | 2.41 | 3.40 | 11.37 | 4.13 |
| PROFITABILITY | - | - | - | - |
| Operating Margin % | 12.00% | 15.00% | 15.86% | 11.25% |
| Net Margin % | 3.91% | 8.42% | 27.06% | 10.61% |
| ROE % | 0.00% | 0.00% | 923.41% | 22.53% |
| ROCE % | 80.21% | 118.56% | 216.67% | 26.34% |
| 11.61% | 24.41% | 92.28% | 16.94% | |
| EFFICIENCY | - | - | - | - |
| Debtor Days | 26 | 31 | 36 | 35 |
| Inventory Days | 0 | 0 | 0 | 0 |
| Payable Days | 0 | 0 | 0 | 0 |
| 26 | 31 | 36 | 35 | |
| FINANCIAL HEALTH | - | - | - | - |
| Debt to Equity (x) | -1.78x | -3.47x | 0.41x | 0.00x |
| Interest Coverage (x) | 2.94x | 10.70x | 71.78x | 121.69x |
| 0.64x | 0.76x | 1.23x | 6.81x | |
| GROWTH | - | - | - | - |
| Revenue Growth % | 0.00% | 0.99% | 28.95% | 37.22% |
| Operating Profit Growth % | 0.00% | 26.29% | 100.17% | -25.47% |
| Net Profit Growth % | 0.00% | 117.38% | 314.24% | -46.19% |
| 0.00% | 0.00% | 314.24% | -99.28% | |
| VALUATION | - | - | - | - |
| P/E (x) | 0.00x | 0.00x | 0.00x | 20.81x |
| P/B (x) | 0.00x | 0.00x | 0.00x | 2.53x |
| Dividend Yield % | 0.00% | 0.00% | 0.00% | 0.00% |
| 0.00x | 0.00x | 0.05x | 11.66x |
Mar 2022
- EPS (₹)
- 62.61
- Book Value (₹)
- -210.03
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 2.41
- Operating Margin %
- 12.00%
- Net Margin %
- 3.91%
- ROE %
- 0.00%
- ROCE %
- 80.21%
- 11.61%
- Debtor Days
- 26
- Inventory Days
- 0
- Payable Days
- 0
- 26
- Debt to Equity (x)
- -1.78x
- Interest Coverage (x)
- 2.94x
- 0.64x
- Revenue Growth %
- 0.00%
- Operating Profit Growth %
- 0.00%
- Net Profit Growth %
- 0.00%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2023
- EPS (₹)
- 136.10
- Book Value (₹)
- -73.92
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 3.40
- Operating Margin %
- 15.00%
- Net Margin %
- 8.42%
- ROE %
- 0.00%
- ROCE %
- 118.56%
- 24.41%
- Debtor Days
- 31
- Inventory Days
- 0
- Payable Days
- 0
- 31
- Debt to Equity (x)
- -3.47x
- Interest Coverage (x)
- 10.70x
- 0.76x
- Revenue Growth %
- 0.99%
- Operating Profit Growth %
- 26.29%
- Net Profit Growth %
- 117.38%
- 0.00%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.00x
Mar 2024
- EPS (₹)
- 563.79
- Book Value (₹)
- 196.04
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 11.37
- Operating Margin %
- 15.86%
- Net Margin %
- 27.06%
- ROE %
- 923.41%
- ROCE %
- 216.67%
- 92.28%
- Debtor Days
- 36
- Inventory Days
- 0
- Payable Days
- 0
- 36
- Debt to Equity (x)
- 0.41x
- Interest Coverage (x)
- 71.78x
- 1.23x
- Revenue Growth %
- 28.95%
- Operating Profit Growth %
- 100.17%
- Net Profit Growth %
- 314.24%
- 314.24%
- P/E (x)
- 0.00x
- P/B (x)
- 0.00x
- Dividend Yield %
- 0.00%
- 0.05x
Mar 2025
- EPS (₹)
- 4.04
- Book Value (₹)
- 33.23
- Dividend per Share (₹)
- 0.00
- Cash EPS (₹)
- 4.13
- Operating Margin %
- 11.25%
- Net Margin %
- 10.61%
- ROE %
- 22.53%
- ROCE %
- 26.34%
- 16.94%
- Debtor Days
- 35
- Inventory Days
- 0
- Payable Days
- 0
- 35
- Debt to Equity (x)
- 0.00x
- Interest Coverage (x)
- 121.69x
- 6.81x
- Revenue Growth %
- 37.22%
- Operating Profit Growth %
- -25.47%
- Net Profit Growth %
- -46.19%
- -99.28%
- P/E (x)
- 20.81x
- P/B (x)
- 2.53x
- Dividend Yield %
- 0.00%
- 11.66x
Documents
Announcements
Nothing filed yet.
Annual Reports
Credit Ratings
Nothing filed yet.