# Vakrangee share price today (Vakrangee Ltd, NSE: VAKRANGEE)

> Vakrangee share price today: ₹5.60 at the NSE close on 3 November 2026, down 36.2% in a year. Vakrangee (NSE: VAKRANGEE) is worth ₹606 crore, trades at a P/E of 55.4 and has closed between ₹5.02 and ₹8.59 over the past 52 weeks. > Vakrangee Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. VAKRANGEE · IT Enabled Services/Business Process Outsourcing · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/vakrangee-ltd

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## Key numbers

- Business trend: Mixed, from the last 12 quarters
- Price: ₹5.60 (−36.2% in a year)
- P/E: 55.4× (lower than 53% of the last 11 years)
- Revenue (Sep 2026): ₹61.7 Cr (−10.7% on a year ago)
- Profit (Sep 2026): ₹2.7 Cr (−9.9% on a year ago)
- Operating margin: 11.4% (+0.9 points on a year ago)
- ROCE: 8%, FY26
- ROIC: 3.2%, against a 12.0% cost of capital: −8.8 points

The main question: yearly earnings per share moved +66.7% while the share price moved −36.2%. ## What is the Vakrangee share price today? Vakrangee Ltd's share price was ₹5.60 at the close on 3 November 2026. It has been falling for 87 weeks. That is 14.6% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹5 and ₹9, and at that close it sat 16% of the way up from that low. Over the past 13 weeks it has done better than the NIFTY 500, and it has stayed ahead for 1 week in a row. Over the last 11 years the share price moved −94% while the NIFTY 500 moved +257%, so it is behind the index over that whole period. The chart above shows the 13-week comparison for every week. This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row. ## What changed at Vakrangee this quarter? Three changes stood out: foreign funds (FIIs) cut their stake for 6 quarters in a row, indian funds and insurers (DIIs) cut their stake for 4 quarters in a row and revenue down on a year earlier for 4 quarters in a row. 1. Foreign funds (FIIs) cut their stake for 6 quarters in a row From 3.1% to 0.3% of the company by the September 2026 quarter. 2. Indian funds and insurers (DIIs) cut their stake for 4 quarters in a row From 4.5% to 4% of the company by the September 2026 quarter. 3. Revenue down on a year earlier for 4 quarters in a row In the September 2026 quarter revenue was ₹62 crore, -10.7% on a year earlier. ## What are Vakrangee's latest quarterly results? For July to September 2026 (the quarter ended 30 September 2026), Vakrangee reported revenue of ₹61.7 crore, down 10.7% from ₹69.1 crore a year earlier, and a profit of ₹2.73 crore, down 9.9% from ₹3.03 crore. ### Vakrangee results: July to September 2026 against a year earlier

| Measure | July to September 2026 | July to September 2025 | Change |
| --- | --- | --- | --- |
| Revenue | ₹61.7 crore | ₹69.1 crore | −10.7% |
| Profit | ₹2.73 crore | ₹3.03 crore | −9.9% |
| Earnings per share | ₹0.03 | ₹0.03 | 0.0% |
| Operating margin | 11.4% | 10.5% | +0.9 points |

The next results, for October to December 2026, are due by 14 February 2027: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter). (From the company's reported quarterly results (quarter ended 30 September 2026). Revenue and profit in ₹ crore.)

## What is the Vakrangee share price history? Vakrangee closed at ₹5.60 on 3 November 2026, down 36.2% from ₹8.78 a year earlier (31 October 2025) and down 83.8% over five years. Its highest weekly close since February 2016 was ₹456.93 on 25 January 2018. ### Vakrangee share price: then and now

| When | Close | Change to 3 Nov 2026 |
| --- | --- | --- |
| 1 week ago · 23 Oct 2026 | ₹5.22 | +7.3% |
| 1 month ago · 1 Oct 2026 | ₹5.12 | +9.4% |
| 6 months ago · 30 Apr 2026 | ₹6.90 | −18.8% |
| 1 year ago · 31 Oct 2025 | ₹8.78 | −36.2% |
| 3 years ago · 3 Nov 2023 | ₹18.70 | −70.1% |
| 5 years ago · 4 Nov 2021 | ₹34.52 | −83.8% |
| 10 years ago · 4 Nov 2016 | ₹112.67 | −95.0% |
| Earliest weekly close in our records · 26 Feb 2016 | ₹96.41 | −94.2% |
| Highest weekly close since February 2016 · 25 Jan 2018 | ₹456.93 | −98.8% |
| Lowest weekly close since February 2016, also the 52-week low · 27 Mar 2026 | ₹5.02 | +11.6% |
| 52-week high (weekly close) · 14 Nov 2025 | ₹8.59 | −34.8% |

Weekly closing prices, adjusted for splits and bonuses so every price is on today’s share count. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (565 weekly closes from 26 February 2016 to 3 November 2026.)

## What is the latest news on Vakrangee? 3 Nov 2026: Vakrangee closed at ₹5.60, up 7.3% on the week and up 9.4% on the month. Results for July to September 2026: Revenue down 10.7% and profit down 9.9% on a year earlier. ## What dividend does Vakrangee pay? Vakrangee paid no dividend in the 12 months to 4 November 2026. The last was a dividend of ₹0.05 a share, ex-date 20 September 2024. ### Vakrangee dividends since 1 April 2021

| Ex-date | Dividend per share | Type |
| --- | --- | --- |
| 20 Sep 2024 | ₹0.05 | Dividend |
| 1 Sep 2023 | ₹0.05 | Dividend |
| 22 Sep 2022 | ₹0.05 | Dividend |
| 20 Aug 2021 | ₹0.10 | Dividend |

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. The record date is the same day as the ex-date for every payment here. 4 of 5 Of the last 5 financial years, years with an NSE dividend record

Not in its latest year. Vakrangee Ltd paid out 0% of its profit as dividends in FY26. It did pay a dividend in 10 of its last 13 reported years, so there is a history but no current dividend. (From the NSE corporate-actions record, read 4 November 2026.)

## Which stock lists is Vakrangee on? Vakrangee is on 2 of our India lists: Penny stocks and IT stocks. - [Penny stocks Earnings growth, 12 months (%): 11.11](https://www.sectoralpha.in/penny-stocks-india)
- [IT stocks Market value (₹ crore): 602](https://www.sectoralpha.in/sectors/it-stocks-india)

## Is Vakrangee profitable? Vakrangee Ltd earned ₹2.7 Cr of net profit in the Sep 2026 quarter, −9.9% on the same quarter a year earlier. Full-year FY26 profit was ₹11.0 Cr. Over 10 years profit has grown −30.1% a year on average. That is 4.4% of the quarter's revenue. The same quarter a year earlier earned ₹3.0 Cr. For the full year, FY26 profit was ₹11.0 Cr (+83.3% on the year before). Why profit moved: revenue changed −10.7% on a year earlier and the margin moved +0.9 percentage points. Sales did the work, and the margin was about flat. On average over the last four quarters, profit changed +31.3% and revenue −12.8%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit. ## How much revenue does Vakrangee make, and is it growing? Vakrangee Ltd reported ₹61.7 Cr of revenue in the Sep 2026 quarter, −10.7% on the same quarter a year earlier. Over 10 years it has grown −22.3% a year on average. The last full year, FY26, came in at ₹255 Cr. The last four reported quarters add to ₹234 Cr. FY26 revenue was ₹255 Cr, +0.0% on the year before. Recent pace: the last four quarters grew −12.8% on average, against −22.3% a year over the longer run, so this year is growing faster than its own long-run rate. Is growth speeding up? Revenue over the last 12 months grew −12.8%, against +1.1% a year over the last 8 quarters (rolling over); profit over the last 12 months grew −1.6%, against +24.8% a year (rolling over). ## How much of every ₹100 of sales does Vakrangee keep? Vakrangee Ltd's operating margin was 11.4% in the Sep 2026 quarter, 0.9 percentage points higher than the same quarter a year ago. Across 13 years it has been between −1.4% and 27.0%. The latest quarter is within that range. Why the margin moved: operating margin changed +0.9 percentage points on the year while gross margin changed +2.0 points. So the gain came mostly from the gross margin, which means input costs and prices charged. ## Is Vakrangee's profit turning into cash? Over the last 3 years, 348% of Vakrangee Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹61.0 Cr of operating cash against ₹11.0 Cr of profit. After ₹17.0 Cr of spending on assets, ₹44.0 Cr was left over as free cash. Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year. Why: the cash figure is clear, but the day counts behind it are not in our data, so we show it without guessing the reason. What to look at next: the main use of cash is spending on assets. The next section checks what that spending is building. ## Where does Vakrangee's cash go? Vakrangee Ltd's customer, stock and supplier day counts come out in the thousands of days on sales this small (₹255 Cr in FY26), so no cash-cycle chart is drawn and this section looks at its spending on assets instead. It spent ₹42.0 Cr on assets over the last 3 years. Averaged over those years that is 5.5% of FY26 revenue a year. Spending on assets: ₹42.0 Cr over the last 3 years, against ₹51.0 Cr of depreciation (the yearly wear and tear on existing assets). So it is spending about what it takes to replace what wears out, or less. Work still in progress is ₹13.0 Cr (FY26): assets paid for that are not earning yet. In short: the cash is going into new capacity, not getting stuck in the daily cycle. The question is whether the new capacity earns. ## What is Vakrangee's P/E ratio, and how does it compare with its own history? Vakrangee Ltd's P/E is 55.4×, in the middle of its own history: higher than 47% of past readings. Its usual P/E (the middle reading) is 58.5×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth. The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Sep 2026 add up to ₹0.10. Why the multiple is where it is: over the past year earnings per share moved +66.7% while the price moved −36.2%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved −30.5% a year; about −34.5% a year came from earnings growth and about +4.0 percentage points from the multiple (the market paying more); over 10 years the price moved −25.9% a year; about −31.4% a year came from earnings growth and about +5.5 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is about average against its own past, so the earnings trend underneath matters more than the multiple. ## Is the Vakrangee business getting better or worse? Vakrangee Ltd's business is giving mixed signals. There is no clear direction across the growth lines, with ROCE steady at 6.5%; each line tells part of the story. This is based on 12 quarters of 4 measures. Why it matters: when the lines disagree, each line above matters more than any single label. ## How much does Vakrangee earn on its capital? Vakrangee Ltd earned a ROCE of 8% in FY26. That is up from a low of 0% in FY22. Its return on capital used (ROIC) is 8.8 percentage points below its cost of capital, so growth here does not yet pay for the capital it uses. It comes from a 4.3% net margin and 0.82× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 4.3% net margin × 0.82× asset turnover × 1.46× leverage (assets divided by equity) ≈ 5.1% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 3.2% − 12.0% = −8.8 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Negative: growth at these returns loses value until returns improve. The 3.2% ROIC above is the latest reading, as reported. The yearly chart below shows FY26 at 4.8%, and the quarterly chart works out each 12-month window from the quarterly figures, so the readings differ by date, not by method. ## Does Vakrangee have too much debt? Vakrangee Ltd has total debt of ₹4.0 Cr against shareholder equity of ₹223 Cr as of Jun 2026, so its debt is 0.02× its equity, which is very little. Year by year, that ratio went from 0.21 in FY22 to 0.02 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the Vakrangee shareholding pattern? Foreign institutions cut their stake in Vakrangee Ltd by 2.4 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 0.3% of the company. Promoters moved −1.6 points over the same period, to 40.0%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −2.4 points over 8 quarters, to 0.3%; Promoters: −1.6 points over 8 quarters, to 40.0%; Domestic institutions: −1.1 points over 8 quarters, to 4.0%. Why the owners changed: foreign institutions drove it (−2.4 points), together with promoters (−1.6 points). They reduced their stake. ## How far is Vakrangee from balance-sheet trouble? For Vakrangee Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does Vakrangee rank in its industry? 38.1 out of 100, rank 4 of 6 in IT Enabled Services/Business Process Outsourcing, with 93% of the evidence available. Vakrangee Ltd scores 38.1 out of 100 against the 6 companies it is compared with in IT Enabled Services/Business Process Outsourcing, ranking 4. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 10.4 + 6 + 11.4 + 10.3 = 38.1. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is Vakrangee compared with? Vakrangee ranks 4 of 6 IT Enabled Services/Business Process Outsourcing companies on the 4-Factor Sector Score, with 38.1 out of 100. 1. [Inventurus Knowledge Solutions Ltd](https://www.sectoralpha.in/stocks/inventurus-knowledge-solutions-ltd) IKS · quiet · Most evidence points up · 89% evidence 76.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 24.4/35 · Revenue 21.1% · Profit 40.7% · Operating margin change 0 points · 88% evidence Capital efficiency 20.5/25 · ROCE 31.5% · Operating margin 32% · 100% evidence Valuation 14.8/20 · P/E 38.3× · PEG 0.84 · 65% evidence Relative strength 17.0/20 · Lead over its industry 19.5% · Lead over NIFTY 500 8.2% · 1 year 3.5% · 100% evidence · 5 of 12 weeks ahead Exact sum: 24.4 + 20.5 + 14.8 + 17 = 76.7 · What this means: Earnings, capital efficiency and relative strength all agree. The open questions are about management, upcoming events and risks. 2. [Colab Platforms Ltd](https://www.sectoralpha.in/stocks/colab-platforms-ltd) COLAB · Too little evidence to rank firmly · 51% evidence 65.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 34.2/43.75 · Revenue 100% · Profit 36.3% · Operating margin change 0.8 points · 83% evidence Capital efficiency 20.3/31.25 · ROCE 23.1% · Operating margin 0.5% · 76% evidence Valuation 10.6/25 · P/E 575× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 34.2 + 20.3 + 10.6 = 65.1 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 3. [Brightcom Group Ltd](https://www.sectoralpha.in/stocks/brightcom-group-ltd) BCG · quiet · Evidence leans up · 89% evidence 58.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 23.0/35 · Revenue 33.3% · Profit 33.1% · Operating margin change 1 points · 88% evidence Capital efficiency 13.0/25 · ROCE 14.9% · Operating margin 27% · 100% evidence Valuation 16.5/20 · P/E 1.6× · PEG 0.06 · 65% evidence Relative strength 6.0/20 · Lead over its industry -6.3% · Lead over NIFTY 500 -15.6% · 1 year -40% · 100% evidence · 0 of 12 weeks ahead Exact sum: 23 + 13 + 16.5 + 6 = 58.5 · What this means: Earnings are strong; relative strength in its sector is -6.3% and the one-year return is -40%. 4. Vakrangee Ltd this page VAKRANGEE · turning · Evidence leans down · 93% evidence 38.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 10.4/35 · Revenue -12.8% · Profit -1.6% · Operating margin change 0.9 points · 100% evidence Capital efficiency 6.0/25 · ROCE 7.5% · Operating margin 11.4% · 100% evidence Valuation 11.4/20 · P/E 55× · PEG 1.25 · 65% evidence Relative strength 10.3/20 · Lead over its industry -0.2% · Lead over NIFTY 500 -10.2% · 1 year -36.7% · 100% evidence · 0 of 12 weeks ahead Exact sum: 10.4 + 6 + 11.4 + 10.3 = 38.1 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Fractal Analytics Ltd](https://www.sectoralpha.in/stocks/fractal-analytics-ltd) FRACTAL · turning · Too little evidence to rank firmly · 38% evidence 50.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.4/43.75 · Revenue n/a · Profit n/a · Operating margin change 2 points · 45% evidence Capital efficiency 16.0/31.25 · ROCE 12.6% · Operating margin 13% · 76% evidence Valuation 12.1/25 · P/E 39.3× · PEG n/a · 15% evidence Relative strength: no reading this week · its 20 points are shared across the other three Exact sum: 22.4 + 16 + 12.1 = 50.5 (no relative-strength reading this week; its 20 points are shared across the other three) · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. 6. [Digitide Solutions Ltd](https://www.sectoralpha.in/stocks/digitide-solutions-ltd) DIGITIDE · quiet · Too little evidence to rank firmly · 49% evidence 33.1 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 8.4/35 · Revenue 5.6% · Profit -80% · Operating margin change -4 points · 62% evidence Capital efficiency 6.3/25 · ROCE 11.2% · Operating margin 7% · 76% evidence Valuation 10.9/20 · P/E 25.4× · PEG n/a · 15% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -32.5% · 1 year -59.2% · 25% evidence · 4 of 12 weeks ahead Exact sum: 8.4 + 6.3 + 10.9 + 7.5 = 33.1 · What this means: Some evidence is missing, so the score is pulled toward the middle on purpose. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [IT Enabled Services/Business Process Outsourcing](https://www.sectoralpha.in/sectors/it-enabled-services-business-process-outsourcing), all 6 compared on one page. ## Which companies are close to Vakrangee in size? Vakrangee is the 6th largest of 6 IT Enabled Services/Business Process Outsourcing companies on Sector Alpha by market value (scores of 30 October 2026). Just above it: Inventurus Knowledge Solutions, Fractal Analytics, Colab Platforms, Brightcom Group and Digitide Solutions. It is the smallest. ### IT Enabled Services/Business Process Outsourcing companies close in size

1. [Inventurus Knowledge Solutions Ltd](https://www.sectoralpha.in/stocks/inventurus-knowledge-solutions-ltd) ₹29,248 crore
2. [Fractal Analytics Ltd](https://www.sectoralpha.in/stocks/fractal-analytics-ltd) ₹13,059 crore
3. [Colab Platforms Ltd](https://www.sectoralpha.in/stocks/colab-platforms-ltd) ₹2,783 crore
4. [Brightcom Group Ltd](https://www.sectoralpha.in/stocks/brightcom-group-ltd) ₹1,649 crore
5. [Digitide Solutions Ltd](https://www.sectoralpha.in/stocks/digitide-solutions-ltd) ₹966 crore
6. Vakrangee Ltd ₹602 crore

[All 6 IT Enabled Services/Business Process Outsourcing companies, largest first](https://www.sectoralpha.in/sectors/it-enabled-services-business-process-outsourcing#all-companies)

### Companies close in size in other industries

1. [Sheetal Cool Products Ltd](https://www.sectoralpha.in/stocks/sheetal-cool-products-ltd) ₹602 crore · Food & Dairy Products
2. [Subam Papers Ltd](https://www.sectoralpha.in/stocks/subam-papers-ltd) ₹602 crore · Packaging - Others
3. Vakrangee Ltd ₹602 crore
4. [Virat Industries Ltd](https://www.sectoralpha.in/stocks/virat-industries-ltd) ₹602 crore · Textiles - Socks
5. [Bai-Kakaji Polymers Ltd](https://www.sectoralpha.in/stocks/bai-kakaji-polymers-ltd) ₹597 crore · Plastics - Others

## What else do people ask about Vakrangee? ### What is Vakrangee's share price today? Vakrangee Ltd's share price is ₹5.60, −36.2% over the past year. The whole company is worth ₹606 Cr on the market. In the last 52 weeks it traded between ₹5 to ₹9; today it is 16% of the way up from the low, 14.6% below its 200-day average (as of 3 November 2026). ### What were Vakrangee's latest quarterly results? Vakrangee Ltd reported revenue of ₹61.7 Cr and net profit of ₹2.7 Cr for the Sep 2026 quarter. Revenue fell 10.7% and profit fell 9.9% compared with a year earlier. Earnings per share were ₹0.03. The operating margin was 11.4%, 0.9 percentage points higher than a year earlier (as of 3 November 2026). ### What is Vakrangee's market cap? Vakrangee Ltd's market capitalisation is ₹606 Cr at a share price of ₹5.60. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is Vakrangee performing? Vakrangee Ltd's share price has been falling for 87 weeks. In its latest quarter, revenue fell 10.7% and profit fell 9.9% compared with a year earlier. Over the past 13 weeks it has done better than the NIFTY 500, for 1 week running (as of 3 November 2026). ### Will Vakrangee's share price go up? This page does not forecast Vakrangee Ltd's share price. What it shows instead: the share price is ₹5.60, and it has been falling for 87 weeks. Its P/E of 55.4× is higher than 47% of its own last 11 years (as of 3 November 2026). ### Who owns Vakrangee? Promoters own 40.0% of Vakrangee Ltd, foreign institutions 0.3%, domestic institutions 4.0% and the public 55.6% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 2.4 percentage points over 8 quarters (as of 3 November 2026). ### Does Vakrangee have too much debt? No, Vakrangee Ltd has little debt: its debt is 0.02× its equity, and its operating profit is 14 times its interest bill. FY26 borrowings were ₹4.0 Cr against equity of ₹213 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is Vakrangee in its business cycle? Vakrangee Ltd's FY26 operating margin was 11.0%, against a 13-year range of −1.4% to 27.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 11.4%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the Vakrangee story? The main question: yearly earnings per share moved +66.7% while the share price moved −36.2%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is Vakrangee a stock worth studying right now? What the numbers show: Vakrangee Ltd's share price, valuation and earnings point in different directions. The next one or two quarters should make it clearer. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists

- Penny stocks: https://www.sectoralpha.in/penny-stocks-india
- IT stocks: https://www.sectoralpha.in/sectors/it-stocks-india

This is research, not advice. We’re not SEBI-registered.