Vanta Bioscience
Vanta Bioscience
HealthcareKey Fundamentals
SMEHealthcare TechnologyHealthcareTapetide Score
Data-driven rating, 0–100. How it works →
Key Insights
Strengths
2- Company has reduced debt.
- Stock is trading at 0.69 times its book value
Weaknesses
6- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -28.6% over past five years.
- Company has a low return on equity of -15.6% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 513 days.
- Working capital days have increased from -636 days to 435 days
Growth Rate
Quarterly Results
| Particulars | Mar 2020 | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 6.81 | 5.28 | 4.76 | 5.38 | 4.31 | 2.82 | 3.45 | 6.18 | 3.55 | 1.03 | 0.33 | 0.3 | 1.51 |
| Expenses | 4.61 | 3.5 | 2.58 | 3.89 | 2.33 | 3.37 | 5.3 | 4.12 | 4.3 | 1.42 | 2.01 | 0.67 | 0.13 |
| Operating Profit | 2.2 | 1.78 | 2.18 | 1.49 | 1.98 | -0.55 | -1.85 | 2.06 | -0.75 | -0.39 | -1.68 | -0.37 | 1.38 |
| OPM % | 32.31% | 33.71% | 45.8% | 27.7% | 45.94% | -19.5% | -53.62% | 33.33% | -21.13% | -37.86% | -509.09% | -123.33% | 91.39% |
| Other Income | 0.11 | 0 | 0.03 | 0.02 | 0.4 | 0.01 | 0.68 | 0.03 | 0.08 | 0.04 | 0.04 | 0 | 0.16 |
| Interest | 0.98 | 1.01 | 1.13 | 1.14 | 1.2 | 2.48 | 3.4 | 2.85 | 2.9 | 2.14 | -0.06 | 0.88 | -0.11 |
| Depreciation | 0.78 | 0.61 | 0.65 | 0.66 | 0.66 | 1.31 | 1.36 | 1.54 | 2.95 | 1.69 | -0.17 | 0.61 | -0.23 |
| PBT | 0.55 | 0.16 | 0.43 | -0.29 | 0.52 | -4.33 | -5.93 | -2.3 | -6.52 | -4.18 | -1.41 | -1.86 | 1.88 |
| Tax % | 16.36% | 68.75% | 9.3% | -106.9% | 13.46% | 2.08% | 1.52% | -0.87% | -3.07% | -1.2% | -2.13% | -2.69% | -2.66% |
| Net Profit | 0.46 | 0.06 | 0.39 | 0.02 | 0.07 | -2.56 | -3.92 | -0.54 | -1.78 | -2.07 | -1.37 | -1.82 | 1.93 |
| EPS in Rs | 0.73 | 0.1 | 0.62 | 0.03 | 0.11 | -4.06 | -6.21 | -0.86 | -2.82 | -3.28 | -2.17 | -2.56 | 2.71 |
Profit & Loss
| Particulars | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Sales | 12.08 | 13.75 | 9.82 | 9.4 | 5.83 | 9.72 | 1.96 | 1.82 |
| Expenses | 8.81 | 9.38 | 5.87 | 5.93 | 8.22 | 8.41 | 6.21 | 0.8 |
| Operating Profit | 3.27 | 4.37 | 3.95 | 3.47 | -2.39 | 1.31 | -4.25 | 1.02 |
| OPM % | 27.07% | 31.78% | 40.22% | 36.91% | -40.99% | 13.48% | -216.84% | 56.04% |
| Other Income | 0.23 | 0.11 | 0.03 | 0.42 | 0.69 | 0.11 | 0.11 | 0.16 |
| Interest | 1.69 | 1.95 | 2.14 | 2.35 | 5.89 | 5.75 | 4.07 | 0.78 |
| Depreciation | 0.71 | 1.19 | 1.25 | 1.32 | 2.67 | 4.5 | 4.42 | 0.39 |
| PBT | 1.1 | 1.34 | 0.59 | 0.22 | -10.26 | -8.83 | -12.63 | 0.01 |
| Tax % | 36.36% | 24.63% | 23.73% | 40.91% | 1.75% | -2.49% | 5.23% | -900% |
| Net Profit | 0.7 | 1.01 | 0.45 | 0.14 | -10.44 | -8.61 | -13.29 | 0.11 |
| EPS in Rs | 1.11 | 1.58 | 0.71 | 0.14 | -10.27 | -3.68 | -7.56 | 0.15 |
| Div. Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Balance Sheet
| Particulars | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Equity Capital | 6.31 | 6.31 | 6.31 | 6.31 | 6.31 | 6.31 | 6.31 | 7.11 |
| Reserves | 15.94 | 17.16 | 17.61 | 17.7 | 11.2 | 8.89 | 4.11 | 14.06 |
| Borrowings | 13.25 | 17.37 | 35.97 | 44.86 | 57.16 | 60.96 | 70.09 | 38.08 |
| Other Liabilities | 3.51 | 7.74 | 9.74 | 12.53 | 10.04 | 9.24 | 5.37 | 6.85 |
| Total Liabilities | 39.01 | 48.58 | 69.63 | 81.4 | 84.71 | 85.4 | 85.88 | 66.1 |
| Fixed Assets | 17.9 | 20.76 | 29.39 | 36.12 | 57.22 | 54.15 | 55.5 | 48.08 |
| CWIP | 3.7 | 7 | 19.34 | 28.47 | 10.6 | 12.53 | 13.47 | 0 |
| Investments | 1.95 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| Other Assets | 15.46 | 20.82 | 20.9 | 16.81 | 16.89 | 18.72 | 16.91 | 15.02 |
| Total Assets | 39.01 | 48.58 | 69.63 | 81.4 | 84.71 | 85.4 | 85.88 | 66.1 |
Cash Flow
| Particulars | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Operating | -1.04 | 2.34 | 6.97 | 5.28 | -0.63 | 2.68 | -2.41 | -5.22 |
| Investing | -5.73 | -7.59 | -22.3 | -17.24 | -5.91 | -3.31 | -6.69 | -6.87 |
| Financing | 9.94 | 2.17 | 17.78 | 9.53 | 6.41 | 0.69 | 9.16 | 12.08 |
| Net Cash Flow | 3.18 | -3.07 | 2.46 | -2.43 | -0.13 | 0.06 | 0.06 | -0.01 |
| Free Cash Flow | -3.52 | -5.01 | -15.23 | -11.9 | -6.54 | -0.63 | -9.1 | -12.09 |
| CFO/OP | -32 | 54 | 176 | 152 | 26 | 205 | 57 | -512 |
Ratios
| Particulars | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|
| Debtor Days | 47.14 | 36.9 | 74.71 | 43.88 | 123 | 118 | 466 | 513 |
| Inventory Days | — | — | — | — | — | — | 2,400 | — |
| Days Payable | — | — | — | — | — | — | 1,821 | — |
| Cash Conversion Cycle | 47.14 | 36.9 | 74.71 | 43.88 | 123 | 118 | 1,044 | 513 |
| Working Capital Days | 261 | 260 | 91.06 | -135 | -163 | -217 | -2,127 | 435 |
| ROCE % | — | 8.35% | 5.21% | 3.77% | -5.82% | -4.16% | -11.58% | 1.19% |
Insights
BetaAI-extracted from concalls & annual reports · figures as reported, with sources
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57 extracted metrics + investor summaries across FY17–FY26.
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Company Information
Incorporated in 2016, Vanta Bioscience Ltd is a full-service preclinical contract research organisation. [1]
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