Varanium CloudCLOUDCorporate

Computers - Software - Medium / Small Latest results: Dec 2023 9 quarters of data

₹5.85

MCap ₹24 Cr · P/E 0.2

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AI-assisted data: figures and text on this page are extracted from public quarterly filings with AI assistance, checked automatically and overseen by our editorial team (human in the loop). They may still contain errors or omissions. Verify critical numbers against official company / SEBI / NSE / BSE filings before making any decision. Educational information only, not financial advice.

₹3 Cr

Sales · Dec 2023

-97.2% YoY

₹-1 Cr

Operating Profit · Dec 2023

-102.9% YoY

-38.2%

OPM % · Dec 2023

-205.5% YoY

₹-3 Cr

Net Profit · Dec 2023

-109.2% YoY

₹-0.62

EPS · Dec 2023

-109.3% YoY

📝 Varanium Cloud — results explained

Quarter ended December 2023 (Q3 FY24)

Varanium Cloud reported revenue of ₹3 crore for the quarter ended December 2023 (Q3 FY24), down 97.2% from ₹109 crore in the same quarter last year, and down 98.5% sequentially over the September 2023 quarter.

The company reported a net loss of ₹3 crore, against a net profit of ₹30 crore in the same quarter last year. Earnings per share (EPS) came in at ₹-0.62.

Operating profit stood at ₹-1 crore — an operating margin (OPM) of -38.2%, compared with 36.2% in the year-ago quarter.

Full year and trailing twelve months

For the full year FY24, Varanium Cloud posted revenue of ₹380 crore, a decline of 0.8% over FY23, with a net profit of ₹79 crore (down 8.5% year-on-year).

On a trailing-twelve-month (TTM) basis, revenue stands at ₹531 crore with a net profit of ₹108 crore.

Valuation snapshot

At the current price of ₹5.85, CLOUD has a market capitalisation of ₹24 crore and a trailing P/E of about 0.2.

Within the Computers - Software - Medium / Small industry, it is the 25th-largest of the 126 companies we track by market value.

Shareholding pattern

As of Dec 2023, promoters held 36.38%, foreign institutional investors (FIIs) 0.11%, public shareholders 63.51% of Varanium Cloud.

Promoter holding slipped from 63.19% to 36.38% over the latest period.

📈 Share price & events

📊 Quarterly trend

₹ crore · OPM % on right axis

🎯 Key metrics

price-linked ratios use the latest close

Valuation

Market Cap ?

₹24 Cr

Current Price ?

₹5.8

P/E ?

0.22below ind

Industry P/E ?

18.20

P/B ?

0.10

P/S ?

0.05

P/FCF ?

-2.00

Enterprise Value ?

₹24 Cr

EV/EBITDA ?

0.15

PEG ?

0.00

Earnings Yield ?

623.3%

Dividend Yield ?

0.00%

Profitability & Returns

Sales (TTM) ?

₹531 Cr

OPM ?

29.6%

Profit after tax (TTM) ?

₹108 Cr

EPS (TTM) ?

₹26.34

ROCE ?

150.0%

ROE ?

45.6%

ROA ?

37.0%

Growth

Sales — latest qtr ?

₹3 Cr

PAT — latest qtr ?

₹-3 Cr

YoY qtr sales growth ?

-97.2%

YoY qtr profit growth ?

-109.2%

Sales growth (3y) ?

N/A

Sales growth (5y) ?

N/A

Profit growth (3y) ?

290%

Profit growth (5y) ?

N/A

Financial Health

Debt ?

₹0 Cr

Debt to Equity ?

0.00

Interest Coverage ?

N/A

Current Ratio ?

N/A

Ownership

Promoter holding ?

36.38%

Change in promoter holding ?

-27.84%

Pledged percentage ?

N/A

Market

Return 3 months ?

N/A

Return 6 months ?

N/A

🗓️ Quarterly results (9 quarters · ₹ Cr)

same fiscal quarter as Dec bestweakest per row · for costs (interest, NPAs) low is best Highlight

Metric	Dec 2021	Mar 2022	Jun 2022	Sep 2022	Dec 2022	Mar 2023	Jun 2023	Sep 2023	Dec 2023	YoY %	QoQ %
Sales	21	13	52	71	109	150	171	207	3	-97.2%	-98.5%
Operating Profit	19	-7	33	3	40	44	57	57	-1	-102.9%	-102.1%
Other Income	0	0	0	0	0	0	0	0	0	—	—
Interest	0	0	0	0	0	0	0	0	0	—	—
Depreciation	0	0	1	0	0	2	2	2	2	+2533.3%	+0.0%
Profit Before Tax	19	-7	32	3	40	42	55	55	-3	-106.9%	-105.0%
Net Profit	14	-8	24	2	30	29	41	41	-3	-109.2%	-106.7%
EPS	5.07	-2.83	8.75	0.53	6.67	6.64	9.21	9.20	-0.62	-109.3%	-106.7%
OPM %	92.2%	-52.7%	63.2%	4.5%	36.2%	29.5%	33.5%	27.4%	-38.2%	-205.5%	-239.4%

📆 Annual results (₹ Cr, FY = Apr–Mar)

Metric	FY23	FY24	TTM	YoY %
Sales	₹383 Cr	₹380 Cr	₹531 Cr	-0.8%
Operating Profit	₹120 Cr	₹113 Cr	₹157 Cr	-6.3%
OPM %	31.32%	29.59%	29.56%	-5.5%
NPM %	22.42%	20.67%	20.37%	-7.8%
Other Income	₹0 Cr	₹0 Cr	₹0 Cr	-100.0%
Depreciation	₹3 Cr	₹5 Cr	₹7 Cr	+103.9%
Interest	₹0 Cr	₹0 Cr	₹0 Cr	—
EBIT	₹118 Cr	₹107 Cr	₹150 Cr	-8.7%
PBT	₹118 Cr	₹107 Cr	₹150 Cr	-8.7%
Tax	—	—	—	—
Net Profit	₹86 Cr	₹79 Cr	₹108 Cr	-8.5%
EPS	₹22.59	₹17.79	₹24.43	-21.2%
Material Cost	—	—	—	—
Employee Cost	—	—	—	—
Extraordinary Items	—	—	—	—

🏛️ Balance Sheet (latest 4 periods)

Metric	Mar 2021	Mar 2022	Mar 2023	Sep 2023	% Chg
Equity Capital	3	6	10	20	+100.0%
Reserves	0	9	131	217	+65.6%
Borrowings	2	0	0	0	—
Other Liabilities	3	25	43	54	+25.6%
Total Liabilities	8	41	184	292	+58.7%
Fixed Assets	0	0	43	42	-2.3%
CWIP	0	31	3	5	+66.7%
Investments	0	4	6	6	+0.0%
Other Assets	8	6	132	239	+81.1%
Total Assets	8	41	184	292	+58.7%

💧 Cash Flow (latest 4 periods)

Metric	Mar 2020	Mar 2021	Mar 2022	Mar 2023	% Chg
Cash from Operating Activity	-2	-0	31	3	-90.3%
Cash from Investing Activity	0	0	-32	-17	+46.9%
Cash from Financing Activity	2	0	1	41	+4000.0%
Net Cash Flow	0	0	0	26	—
Free Cash Flow	-2	-0	2	-12	-700.0%
CFO/OP	169%	-9%	257%	31%	-87.9%

➗ Ratios (latest 3 periods)

Metric	Mar 2021	Mar 2022	Mar 2023	% Chg
Debtor Days	369	40	98	+145.0%
Inventory Days	—	0	0	—
Cash Conversion Cycle	369	40	98	+145.0%
Working Capital Days	199	-211	60	+128.4%
ROCE %	69%	114%	150%	+31.6%

👥 Shareholding (latest 4 periods)

Metric	Mar 2023	Jun 2023	Sep 2023	Dec 2023	% Chg
Promoters	64.22%	63.19%	63.19%	36.38%	-42.4%
FIIs	0.72%	1.03%	1.45%	0.11%	-92.4%
Public	35.07%	35.78%	35.36%	63.51%	+79.6%
No. of Shareholders	867	2,405	4,399	10,178	+131.4%

⚖️ Peer comparison

Industry: Computers - Software - Medium / Small · top 25 of 126 companies · full page →

#	Company	CMP	MCap (Cr)	P/E	Sales TTM	NP TTM	OPM%	NPM%	Sales YoY%	NP YoY%	Qtr Rev Δ%	Qtr NP Δ%
1	BBOX Black Box	₹795.75	14,132	63.0	6,323	218	8.7%	3.5%	6.0%	6.7%	9.5%	7.5%
2	E2E E2E Networks	₹590.40	12,130	103.4	546	117	70.9%	21.5%	49.8%	-132.8%	410.9%	640.2%
3	CYIENT Cyient	₹1,054.50	10,978	30.3	7,632	414	12.3%	5.4%	-1.3%	-28.6%	21.3%	-30.9%
4	RATEGAIN Rategain Travel	₹837.10	9,913	40.8	2,336	242	19.7%	10.4%	69.4%	-6.9%	187.6%	102.2%
5	BLS BLS International	₹226.74	9,331	13.2	3,179	745	27.3%	23.4%	36.7%	34.1%	25.3%	11.4%
6	INTELLECT Intellect Design	₹652.10	9,098	25.6	3,181	351	19.0%	11.0%	21.5%	2.7%	20.4%	8.7%
7	BSOFT BIRLASOFT	₹281.25	7,865	13.7	5,405	573	20.0%	10.6%	-1.2%	0.2%	7.4%	51.9%
8	NEWGEN Newgen Software	₹478.45	6,763	21.6	1,611	314	25.8%	19.5%	5.9%	-4.6%	11.3%	26.7%
9	SONATSOFTW Sonata Software	₹241.15	6,675	14.6	10,701	463	7.6%	4.3%	5.4%	8.9%	-3.1%	20.4%
10	TANLA Tanla Platforms	₹499.70	6,599	12.4	4,603	533	16.5%	11.6%	9.7%	0.4%	17.8%	20.1%
11	LATENTVIEW Latent View	₹255.60	5,293	27.0	1,111	199	21.8%	17.9%	25.0%	16.8%	21.6%	-7.6%
12	EMUDHRA eMudhra	₹642.30	5,270	46.0	745	117	23.3%	15.7%	35.1%	27.9%	29.5%	27.9%
13	KODYTECH Kody Technolab	₹3,550.00	5,074	223.8	84	22	32.7%	26.5%	—	—	59.9%	104.9%
14	MAPMYINDIA C.E. Info	₹900.00	4,928	35.8	492	139	35.6%	28.2%	2.2%	-9.1%	14.9%	10.0%
15	MASTEK Mastek	₹1,589.50	4,928	11.8	3,769	417	15.9%	11.1%	7.0%	7.0%	7.7%	15.0%
16	HAPPSTMNDS Happiest Minds	₹318.35	4,784	21.6	2,394	223	16.9%	9.3%	12.3%	14.9%	14.3%	18.3%
17	MPSLTD MPS	₹2,654.90	4,507	24.0	806	188	32.0%	23.3%	5.7%	16.0%	20.4%	44.0%
18	DATAMATICS Datamatics Global	₹755.55	4,466	20.7	2,033	217	19.5%	10.7%	15.3%	-5.1%	9.9%	43.7%
19	63MOONS 63 moons	₹905.10	4,171	—	212	-37	-136.8%	-17.3%	122.3%	28.5%	2028.8%	1666.0%
20	MOSCHIP Moschip Technologies	₹200.33	3,906	230.5	501	17	7.7%	3.3%	29.3%	-10.2%	-14.1%	-98.0%
21	AURIONPRO Aurionpro Solutions	₹711.10	3,826	19.2	1,433	206	19.2%	14.4%	20.4%	11.6%	6.3%	-11.7%
22	NPST Network People	₹1,678.20	3,501	78.3	218	45	25.2%	20.6%	12.8%	-7.9%	66.6%	52.9%
23	CIGNITITEC Cigniti Technologies	₹1,260.10	3,471	11.5	2,211	302	17.1%	13.7%	-16.5%	14.3%	12.2%	26.3%
24	RSYSTEMS R Systems	₹254.70	3,018	15.6	2,230	193	16.9%	8.6%	18.3%	49.3%	30.2%	-26.7%
25	CLOUD Varanium Cloud	₹26.35	108	1.1	531	108	29.6%	20.4%	-0.8%	-8.5%	-97.2%	-109.2%

❓ Frequently asked questions

What was Varanium Cloud's revenue in Q3 FY24?

What was Varanium Cloud's net profit in Q3 FY24?