---
title: "Vertoz Ltd (VERTOZ) — Share Price, Financials & Analysis"
symbol: "VERTOZ"
company: "Vertoz Ltd"
canonical: "https://tapetide.com/stocks/VERTOZ"
isin: "INE188Y01031"
nse_symbol: "VERTOZ"
sector: "Consumer Discretionary"
industry: "Media"
market_cap_cr: 328.9
generated_at: "2026-09-13T20:36:56.881Z"
---

# Vertoz Ltd (VERTOZ)

Canonical page: https://tapetide.com/stocks/VERTOZ

## Company

- **NSE Symbol:** VERTOZ
- **ISIN:** INE188Y01031
- **Sector:** Consumer Discretionary
- **Industry:** Media
- **Macro Sector:** Consumer Discretionary
- **Stock Type:** EQUITY
- **Listed Since:** 2020-05-14
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vertoz.com

## About

Incorporated in 2012, Vertoz Ltd provides programmatic online advertising services and other allied services to domestic/ overseas clients[1]

## Latest Price

- **Price:** ₹38.38
- **Change:** -1.04 (-2.64%)
- **Open:** ₹39.43
- **Day High:** ₹39.43
- **Day Low:** ₹38
- **Previous Close:** ₹39.42
- **Volume:** 43289
- **As Of:** 2026-09-11T10:01:40+00:00

## Key Fundamentals

Observed at 2026-09-11T04:50:16.938889Z.

- **Market Cap:** ₹328.9 Cr
- **Classification:** Microcap
- **P/E (reported):** 12.4
- **P/E (TTM):** 12.34
- **EPS (TTM):** ₹3.11
- **Book Value:** ₹26.79
- **Price to Book:** 1.47
- **Dividend Yield:** 0.25%
- **ROE:** 13.48%
- **ROCE:** 15.45%
- **Debt to Equity:** 0.39
- **Revenue (yearly):** ₹291.86 Cr
- **Net Income:** ₹26 Cr
- **EBITDA:** ₹48.77 Cr
- **52-Week High:** ₹86.75
- **52-Week Low:** ₹27.02
- **RSI (14):** 58.71

## Tapetide Score

- **Score:** 42 / 100
- **Score date:** 2026-09-04
- **Archetype:** Out of Favour
- **What it means:** Financially sound, yet the market is not rewarding it. Cases like this usually need a specific reason the pessimism is misplaced, and patience for that reason to play out.
- **Pillar profile:** Quality: Good · Valuation: Fair · Momentum: Falling
- **Percentile:** 19.7 (of 4473 scored stocks)
- **Confidence:** 100%
- **Data coverage:** 100%

| Pillar | Score | Weight |
| --- | --- | --- |
| financial health | 55.34 | 9% |
| growth | 61.76 | 9% |
| momentum | 34.06 | 12% |
| ownership | 39.67 | 24% |
| quality | 60.14 | 22% |
| valuation | 55.16 | 24% |

The Tapetide Score is decision-support only, not investment advice.

## Key Insights

### Strengths

- Company has delivered good profit growth of 26.1% CAGR over last 5 years
- Company's working capital requirements have reduced from 107 days to 80.1 days

### Weaknesses

- Company has a low return on equity of 12.9% over last 3 years.
- Promoters have pledged 63.0% of their holding.

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | 18.77% | 155.1% | 414.07% |
| ebitda margin growth | -0.63% | -0.66% | 11.98% | -40.61% |
| net income growth | 17.46% | 1.17% | 33% | 26% |
| revenue growth | 10.19% | 11.31% | 52% | 39% |
| roce | -3.19% | 42.66% | 3.97% | 14.29% |
| roe | 17.76% | 32.68% | 11.47% | -4.94% |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 37.66 | 55.23 | 45.66 | 60.17 | 63.65 | 66.2 | 65.18 | 70.49 | 72.26 | 75.42 | 73.69 | 81.64 |
| Expenses | 31.06 | 49.18 | 39.01 | 51.24 | 56.83 | 57.92 | 52.79 | 60.5 | 61.83 | 61.95 | 58.81 | 66.55 |
| Operating Profit | 6.6 | 6.05 | 6.65 | 8.93 | 6.82 | 8.28 | 12.39 | 9.99 | 10.43 | 13.47 | 14.88 | 15.09 |
| OPM % | 17.53 | 10.95 | 14.56 | 14.84 | 10.71 | 12.51 | 19.01 | 14.17 | 14.43 | 17.86 | 20.19 | 18.48 |
| Other Income | 0.24 | 0.1 | 0.17 | 0.15 | 3.39 | 1.6 | 1.84 | 0.41 | 2.51 | 0.79 | 0.92 | 0.6 |
| Interest | 0.76 | 0.08 | 0.18 | 0.45 | 0.72 | 0.69 | 0.31 | 0.52 | 1.65 | 1.46 | 1.88 | 2.14 |
| Depreciation | 0.83 | 1.31 | 2.93 | 2.79 | 2.41 | 1.22 | 6.93 | 2.53 | 3.28 | 5.06 | 5.14 | 5.37 |
| Profit before tax | 5.25 | 4.76 | 3.71 | 5.84 | 7.08 | 7.97 | 6.99 | 7.35 | 8.01 | 7.74 | 8.78 | 8.18 |
| Tax % | 2.29 | 5.25 | -26.15 | 1.71 | 7.2 | 7.78 | 14.02 | 11.84 | 9.74 | 20.28 | 28.82 | 10.02 |
| Net Profit | 5.13 | 4.51 | 4.69 | 5.74 | 6.57 | 7.35 | 6.01 | 6.47 | 7.24 | 6.16 | 6.25 | 7.36 |
| EPS in Rs | 1.39 | 1.41 | 0.56 | 0.63 | 0.77 | 0.86 | 0.81 | 0.75 | 0.8 | 0.73 | 0.79 | 0.79 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 37 | 46 | 41 | 57 | 42 | 83 | 155 | 254 | 292 | 303 |
| Expenses | 29 | 36 | 34 | 45 | 31 | 65 | 134 | 216 | 243 | 249 |
| Operating Profit | 8 | 11 | 7 | 12 | 11 | 18 | 22 | 38 | 49 | 54 |
| OPM % | 22 | 23 | 17 | 22 | 27 | 21 | 14 | 15 | 17 | 18 |
| Other Income | 1 | 1 | 2 | 2 | 1 | 1 | 2 | 5 | 5 | 5 |
| Interest | 1 | 0 | 1 | 1 | 1 | 2 | 2 | 2 | 6 | 7 |
| Depreciation | 1 | 2 | 2 | 4 | 3 | 3 | 6 | 13 | 16 | 19 |
| Profit before tax | 7 | 9 | 5 | 9 | 8 | 14 | 16 | 28 | 32 | 33 |
| Tax % | 15 | 16 | 22 | 12 | 21 | 21 | -2 | 8 | 18 | — |
| Net Profit | 6 | 7 | 4 | 8 | 6 | 11 | 16 | 26 | 26 | 27 |
| EPS in Rs | 2.39 | 3.06 | 1.69 | 3.41 | 2.54 | 4.6 | 1.88 | 3.05 | 3.06 | 3.11 |
| Dividend Payout % | 0 | 1 | 3 | 0 | 0 | 0 | 0 | 0 | 0 | — |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 0.02 | 6 | 6 | 12 | 12 | 12 | 12 | 42 | 85 | 85 |
| Reserves | 4 | 22 | 30 | 38 | 46 | 54 | 90 | 116 | 105 | 143 |
| Borrowings | 4 | 3 | 6 | 12 | 14 | 10 | 9 | 17 | 21 | 88 |
| Other Liabilities | 8 | 10 | 10 | 10 | 12 | 10 | 19 | 22 | 42 | 104 |
| Total Liabilities | 16 | 41 | 52 | 72 | 84 | 86 | 130 | 198 | 254 | 421 |
| Fixed Assets | 6 | 10 | 9 | 59 | 56 | 55 | 57 | 93 | 86 | 199 |
| CWIP | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 5 | 0 | 0 |
| Other Assets | 11 | 32 | 43 | 13 | 27 | 31 | 73 | 100 | 168 | 221 |
| Total Assets | 16 | 41 | 52 | 72 | 84 | 86 | 130 | 198 | 254 | 421 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | 5 | -5 | -8 | 49 | -3 | 2 | -15 | 7 | 8 | 60 |
| Cash from Investing Activity | -6 | -5 | 0 | -49 | 3 | 0 | 1 | -44 | 9 | -71 |
| Cash from Financing Activity | 1 | 19 | -1 | -1 | -1 | -2 | 18 | 41 | -15 | 7 |
| Net Cash Flow | 0 | 10 | -9 | -1 | 0 | 0 | 3 | 4 | 2 | -4 |
| Free Cash Flow | 2 | -10 | -9 | -1 | -1 | 1 | -16 | -34 | 5 | -16 |
| CFO/OP | 108 | -45 | -61 | 735 | -12 | 36 | -71 | 37 | 30 | 129 |

### Ratios

| Item | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 128 | 176 | 106 | 83 | 149 | 230 | 166 | 125 | 88 | 102 |
| Inventory Days | — | — | — | — | — | — | — | — | — | — |
| Cash Conversion Cycle | 128 | 176 | 106 | 83 | 149 | 230 | 166 | 125 | 88 | 102 |
| Working Capital Days | -60 | 71 | 193 | -84 | 5 | 87 | 171 | 117 | 125 | 80 |
| ROCE % | 95 | 36 | 25 | 13 | 16 | 12 | 17 | 12 | 15 | 14 |

## Shareholding Pattern

### Quarterly

| Category | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 48.96% | 48.96% | 37.52% | 64.47% | 64.74% | 64.74% | 64.74% | 64.74% | 64.74% | 64.74% | 64.81% | 64.81% |
| FIIs | 3.3% | 7.14% | 23.06% | 11.38% | 4.28% | 2.75% | 2.95% | 2.67% | 2.05% | 2.43% | 2.16% | 1.65% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 34.51% | 32.39% | 27.29% | 18.89% | 24.18% | 27.24% | 27.68% | 27.55% | 28.53% | 27.67% | 28.05% | 29.28% |
| Others | 13.22% | 11.51% | 12.13% | 5.26% | 6.8% | 5.27% | 4.63% | 5.04% | 4.68% | 5.15% | 4.99% | 4.26% |
| No. of Shareholders | 9963 | 10502 | 11937 | 13677 | 70796 | 86611 | 89532 | 83039 | 75980 | 71199 | 67831 | 66230 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Buy
- **Buy / Neutral / Sell:** 7 / 7 / 5

### Moving Averages — summary: **Strong Buy**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 38.21 | Buy |
| EMA (10) | 38.33 | Buy |
| SMA (20) | 38.02 | Buy |
| EMA (20) | 38 | Buy |
| SMA (50) | 37.15 | Buy |
| EMA (50) | 38.3 | Buy |
| SMA (100) | 41.21 | Sell |
| EMA (100) | 41.1 | Sell |
| SMA (200) | 48.9 | Sell |
| EMA (200) | 49.54 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 52.66 | Neutral |
| MACD (12,26,9) | 0.38 | Buy |
| Stochastic (14,3,3) | 41.82 | Neutral |
| ADX (14) | 21.54 | Neutral |
| Williams %R (14) | -65.01 | Neutral |
| ATR (14) | 1.88 | High Volatility |
| ROC (12) | -5.51 | Sell |
| Stoch RSI (14) | 24.06 | Neutral |
| UO (7,14,28) | 40.95 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-08 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/VERTOZ_08092026150830_PostdispNse.pdf) |
| 2026-09-07 | [General Updates](https://nsearchives.nseindia.com/corporate/VERTOZ_07092026213623_NSE_36_1__B_.pdf) |
| 2026-09-07 | [Shareholders meeting](https://nsearchives.nseindia.com/corporate/VERTOZ_07092026210952_Notice_nse.pdf) |
| 2026-09-03 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/VERTOZ_03092026172427_F_Intimation_of_Newspaper_Ad_Pre_Dispatch.pdf) |
| 2026-09-01 | [Amendment to AOA/MOA](https://nsearchives.nseindia.com/corporate/VERTOZ_01092026222938_Outcomevertozlimited-ff.pdf) |
| 2026-09-01 | [Acquisition](https://nsearchives.nseindia.com/corporate/VERTOZ_01092026223451_Outcomevertozlimited-ff.pdf) |
| 2026-09-01 | [Preferential issue](https://nsearchives.nseindia.com/corporate/VERTOZ_01092026221922_Outcomevertozlimited-ff.pdf) |
| 2026-09-01 | [General Updates](https://nsearchives.nseindia.com/corporate/VERTOZ_01092026223805_Outcomevertozlimited-ff.pdf) |
| 2026-08-15 | [Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/VERTOZ_15082026134813_NewspaperFinancialNSE13Aug26.pdf) |
| 2026-08-13 | [Appointment](https://nsearchives.nseindia.com/corporate/VERTOZ_13082026211142_BMOutcome13Aug2026sd.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 27 Aug - Vertoz Limited has informed about Board Meeting to be held on 01-Sep-2026 to consider and approve Fund raising/Increase in authorised capital/Other business. | [Board Meeting - Intimation 27 Aug - Vertoz Limited has informed about Board Meeting to be held on 01-Sep-2026 to consider and approve Fund raising/Increase in authorised capital/Other business.](https://nsearchives.nseindia.com/corporate/ixbrl/PRIOR_INTIMATION_15577_20260827_194727670_WEB.html) |
| 27 Aug - Board meets September 1, 2026 to consider share capital increase and equity fundraising. | [Board Meeting - Fund Raising/Other business matters 27 Aug - Board meets September 1, 2026 to consider share capital increase and equity fundraising.](https://nsearchives.nseindia.com/corporate/VERTOZ_27082026194418_Prior_Intimation_sd__1_.pdf) |
| 2 Sep - Exchange has sought clarification from Vertoz Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On basis … | [Clarification - Financial Results 2 Sep - Exchange has sought clarification from Vertoz Limited for the quarter ended 30-Jun-2026 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. On basis …](https://www.nseindia.com/get-quotes/equity?symbol=VERTOZ) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-09-01 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VERTOZ_01092026222210_Outcomevertozlimited-ff.pdf) |
| 2026-08-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VERTOZ_13082026210326_BMOutcome13Aug2026sd.pdf) |
| 2026-06-16 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VERTOZ_16062026184830_BMOutcome.pdf) |
| 2026-05-29 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VERTOZ_29052026220244_FinalBMOutcome29052026.pdf) |
| 2026-05-29 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VERTOZ_29052026221637_FinalBMOutcome29052026.pdf) |
| 2026-02-06 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VERTOZ_06022026195326_FinalOutcome_sd.pdf) |
| 2026-02-06 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VERTOZ_06022026195554_FinalOutcome_sd.pdf) |
| 2026-02-06 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VERTOZ_06022026195204_FinalOutcome_sd.pdf) |
| 2025-12-10 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VERTOZ_10122025192854_BMOutcome_sd.pdf) |
| 2025-11-13 | [Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/VERTOZ_13112025194840_BMOutcome_.pdf) |

### Earnings Call Transcripts

| Date | Document |
| --- | --- |
| 2026-02-16 | [Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/VERTOZ_16022026112406_transcript_sd.pdf) |

### Investor Presentations

| Date | Document |
| --- | --- |
| 2026-02-10 | [Investor Presentation](https://nsearchives.nseindia.com/corporate/VERTOZ_10022026115232_IR_Presentation.pdf) |
| 2025-11-18 | [Investor Presentation](https://nsearchives.nseindia.com/corporate/VERTOZ_18112025155509_IP_revised.pdf) |
| 2025-11-14 | [Investor Presentation](https://nsearchives.nseindia.com/corporate/VERTOZ_14112025151031_EarningsPresentation.pdf) |

### Earnings Call Recordings

| Date | Document |
| --- | --- |
| 2026-02-10 | [Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/VERTOZ_10022026201443_AudioRecordingCL_sd.pdf) |
| 2025-11-14 | [Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/VERTOZ_14112025191510_CL_sd.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Annual Report 2026 from nse](https://archives.nseindia.com/annual_reports/AR_31800_VERTOZ_2025_2026_A_71340162_07092026211802.pdf) |
| from nse | [Annual Report 2025 from nse](https://archives.nseindia.com/annual_reports/AR_28953_VERTOZ_2024_2025_A_18147264_08092025192828.pdf) |
| from nse | [Annual Report 2024 from nse](https://archives.nseindia.com/annual_reports/AR_25268_VERTOZ_2023_2024_2908202415831.pdf) |
| from nse | [Annual Report 2023 from nse](https://archives.nseindia.com/annual_reports/AR_23928_VERTOZ_2022_2023_11102023155446_10112023160000.zip) |
| from nse | [Annual Report 2022 from nse](https://archives.nseindia.com/annual_reports/AR_21573_VERTOZ_2021_2022_07092022132022_09072022140009.zip) |
| from nse | [Annual Report 2021 from nse](https://archives.nseindia.com/annual_reports/AR_19578_VERTOZ_2020_2021_07092021145615_09072021150008.zip) |
| from nse | [Annual Report 2020 from nse](https://archives.nseindia.com/annual_reports/AR_17741_VERTOZ_2019_2020_05102020230509_06102020070001.zip) |

### Earnings Call Documents

| Date | Document |
| --- | --- |
| Nov 2025 | [Concall - Nov 2025](https://nsearchives.nseindia.com/corporate/VERTOZ_20112025125643_NSETranscript_.pdf) |
| Nov 2024 | [Concall - Nov 2024](https://nsearchives.nseindia.com/corporate/VERTOZ_14112024153019_TranscriptEarningsCall_.pdf) |
| Nov 2023 | [Concall - Nov 2023](https://nsearchives.nseindia.com/corporate/VERTOZ_09112023203337_VertozIRPresentation.pdf) |
| Nov 2020 | [Concall - Nov 2020](https://archives.nseindia.com/corporate/VERTOZ_26112020140140_InvestorPresentation.pdf) |
| May 2025 | [Concall - May 2025](https://nsearchives.nseindia.com/corporate/VERTOZ_30052025123613_TranscriptIntimation_.pdf) |
| May 2024 | [Concall - May 2024](https://nsearchives.nseindia.com/corporate/VERTOZ_28052024202732_TranscriptoftheEarningscall_signed.pdf) |
| Jun 2021 | [Concall - Jun 2021](https://archives.nseindia.com/corporate/VERTOZ_04062021234853_InvestorPresentation.pdf) |
| Jul 2020 | [Concall - Jul 2020](https://archives.nseindia.com/corporate/VERTOZ_10072020165922_InvestorPresentation.pdf) |
| Feb 2025 | [Concall - Feb 2025](https://nsearchives.nseindia.com/corporate/VERTOZ_19022025133409_TranscriptCLsd.pdf) |
| Feb 2024 | [Concall - Feb 2024](https://nsearchives.nseindia.com/corporate/VERTOZ_08022024195801_EarningsPresentation.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T20:36:56.881Z.