Vedant Asset

SMEBSE: 543623
Compare with peers
₹ 62.00▲ 2.3 (+3.85%)28 Oct, 02:31 pm IST
Market cap
₹ 16 Cr.
P/E
47.6x
P/B
2.72x
52-week range
33 – 93.6
ROE
7%
ROCE
9.2%
Dividend yield
0%
Debt / equity
0
Sector
Capital Markets
Industry
Financial Products Distributor
Listed on
BSE SME

About

Vedant Asset Limited is an India-based financial services provider. The Company is engaged in the business of providing banking correspondence services in association with various banks and managing funds of investors with various mutual fund houses. Its products include mutual funds, insurance, Ticketing, Kartik Credit, and Business Correspondents. Its mutual fund products include Top Equity Funds, Top Hybrid Funds, Top Debt Funds, Categories Wise Return, Compare Funds, Top ELSS Funds, Retirement Planning, and Invest for Children's. Its insurance products include bike insurance, car insurance, health insurance, Property Insurance, Term Life Insurance, and life insurance. Its Vedant Pay is a business-to-business (B2B) digital payment, which offers merchants/traders/small businesses of middle-low/income Indians a digital mini-bank by offering services, such as domestic money transfer (DMT), micro - Automated Teller Machine (ATM), insurance, loans, recharge, and bill payments.

Quick check

The five things to look at first. Open one for more.

Vedant Asset against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

  • Valuation (P/E)47.6 against a typical 47.6: in line than most peers (1st = cheapest).3rd of 5
  • Sales growth+87.4% against a typical +34% from a year earlier.1st of 4
  • Profit growth+50% against a typical +46.5% from a year earlier.1st of 4
  • Share price, 3 months−22.2% against a typical −6.7%.5th of 5
  • Size₹ 15.7 Cr. market value against a typical ₹ 112.6 Cr. (1st = largest).5th of 5

Share price

1Y change +34.78%
Volume (shares)Price (₹)
Close price

Financials

Consolidated figures in ₹ crore.

Quarterly results
₹ Cr.Sep 2021Sep 2022Mar 2023Sep 2023Mar 2024Sep 2024Mar 2025Sep 2025Mar 2026
Sales111111223
Expenses111121223
Operating Profit0000−00000
OPM %1.6%18.8%6.3%2.7%−13.3%2%8.3%9.2%6.7%
Other Income000000000
Interest000000000
Depreciation000000000
Profit before tax000000000
Tax %50%29.2%23.1%25%25%26.9%72.7%21.4%30.8%
Net Profit000000000
EPS in Rs0.990.850.330.430.430.690.110.80.65

Growth and returns

Compounded yearly rates over each period.

Compounded Sales Growth
10 Years
—
5 Years
37%
3 Years
32%
TTM
39%
Compounded Profit Growth
10 Years
—
5 Years
109%
3 Years
15%
TTM
82%
Stock Price CAGR
10 Years
—
5 Years
—
3 Years
12%
TTM
—
Return on Equity
10 Years
—
5 Years
5%
3 Years
5%
TTM
—

Shareholding

Latest: Mar 2026.

Promoters
73.16%
0 pts in a year
Public
26.84%
0 pts in a year

P/E and EPS over time

Daily P/E and trailing 12-month EPS. EPS updates with each result.

P/E 47.6xEPS (12 months) ₹ 1.19Median P/E 45.1x
P/E (times)EPS (₹)

Peers

Listed companies in the same business.

Peer comparison
Vedant Asset₹ 62.00₹ 16 Cr.47.6x2.7x7%—
ICICI Prudential Asset Management Company Ltd₹ 2,655.00₹ 1,30,928 Cr.47.7x37.7x—56%
HDFC Asset Management Company₹ 2,250.00₹ 96,542 Cr.39.9x12.3x—69.3%
Nippon Life India Asset Management₹ 922.10₹ 59,010 Cr.50.1x16.3x34.5%56.4%
Multi Commodity Exchange Of India₹ 3,017.00₹ 76,931 Cr.52.6x16.6x37.9%57.8%
Motilal Oswal Financial Services₹ 925.00₹ 55,715 Cr.30.8x4.5x15.6%21.2%

Management

Lallit Tripathi
Executive Chairman of the Board, Managing Director
Subesh Kumar
Chief Financial Officer
Neha Sharma
Compliance Officer, Company Secretary
Rajesh Nath Shahdeo
Whole Time Director

Prices are delayed and for information only. Nothing on this page is investment advice.