Tuesday, May 31, 2016

VIRINCHI LTD (532372) :- TURNAROUND STORY

Dear friends,


  Today we are discussing stock from IT Software Products segments for long term value investments

                       VIRINCHI LTD

                                              

Virinchi Limited is an IT Products & Services company in India, focusing on customers in North America, Europe, & Middle East. 

 

Virinchi is a CMMi Level 3 accredited company and ISO 9001:2000 certified for its Production, Delivery and Quality processes.

 

Set up in 1991, Virinchi has over the years gained a wealth of experience in various aspects of business and industry in the areas of conceptualization, packaging and structuring of technology solutions. The collaborative style of working enables Virinchi to convert knowledge and skills into sound strategies and financial returns. 

 

Virinchi is currently the world leader as software service provider to Retail Micro Lending Industry in North America, the company operates through its subsidiary QFund Technologies, Inc a 100% subsidiary of Virinchi Limited in USA.

 

QFund Technologies, Inc., KSoft Systems, Inc., an IT consulting company based out of NJ, USA and Asclepius Consulting that is one of the fastest growing Healthcare IT and Healthcare Consulting Company in India are subsidiaries of Virinchi Limited.






  Clients

Virinchi's solutions provide highest quality of technology to its clients in order to migrate onto the web, through robust scalable and secure platforms with seamless integration with their suppliers and customers at any location via the web. Virinchi's solution helps companies exploit marketplace opportunities to increase efficiency and speed to market, broaden customer and supplier reach, reduce costs and automate business processes. Below provided is an indicative list of all clients serviced or being serviced Virinchi and its subsidiaries.

 

   Company posted stellar consolidated results in 2016 -17 top line 212 cr (135cr last year ) bottom line 16.2 cr (last year 8.28 cr ) with an EPS of 9.1 (last year 4.61 ) , stock is now available just 6.26 pe!!!!. Stock trading only in BSE @ 50.50 level,  investor can buy @ current price and hold for long term portfolio, this stock may give multiple return.

 

  Before buying any stock take advice from certified person.

 

  Disclosure :- I am holding this company shares.

29 comments:

  1. what do you think elpro international, mukand ltd, prime securties, zee media

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    Replies
    1. Elpro suggested lower level and booked profits 100% above recommended level ,no fresh view now,other stock not tracked.

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  2. Kindly comment about satin credit care results

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    1. This comment has been removed by the author.

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    2. Good results company's growth is expected line ,good stock for long term portfolio.

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  3. Please share your thoughts on bhandari hosiery results

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    Replies
    1. Company posted negative ebita, in quarter, finance cost mainly up,no fresh view,wait and watch.

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  4. sir any update about diana tea result-pls

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    Replies
    1. Posted negative ebita and net profit,wait for q1 results for fresh view.

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  5. Diana extended Fy 15-16 to March 16 as a result two non seaon period Jan- Mar fall in this year . This resulted in overall loss . Nothing to worry about.

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  6. Sir, Neo Corp again posted bad results. I had bought it at the price of Rs.35 per share. Now its at Rs.11/- per share. Is it better to sell it now and book loss? or should i hold for better results?
    Please advise..

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    Replies
    1. What I am doing is any my holding stock comes bellow 20% of my buying price I am no hesitation to sell it.Risk taking capacity is different for different people.

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  7. Respected sir can you pls take a result of govind rubber and what about its debth whether they decrease there debth in folling year how about performance....can take risk....in investing....

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    Replies
    1. OK set of results, but now raw materias are more costlier that is worry, stock is now trading fair value risk takers for long term investor can look into

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    2. OK set of results, but now raw materias are more costlier that is worry, stock is now trading fair value risk takers for long term investor can look into

      Delete
  8. Sir, can you please share your view on maxima systems

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  9. this post is very helpful for new users.

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  10. Hi Sir,

    Can you please share your view on RNB Denim?

    ReplyDelete
  11. Sir can we buy skm egg at this level ?

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  12. Amazing News that you have share.It is very useful to us.
    thank you.
    Share Market Tips

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  13. Is Virinchi also into the hospital segment? I recently read that they have opened 600-bed hospital in Hyderabad under Virinchi Healthcare.

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  14. hi need you advise on CIPLA and DCB.
    THANX

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  15. Hi, what is your view on Virinchi at Rs 95. Is it still a good buy?

    ReplyDelete