Vertoz Ltd (VERTOZ) AI Stock Analysis

• Market Cap: ₹6.07B
• Dividend Yield: N/A
• Average Volume (3M): 134.30K
• Price to Earnings (P/E): 22.4
• Beta (1Y): 0.57
• Revenue Growth: 21.99%
• EPS Growth: -14.27%
• Country: IN
• Employees: 201
• Sector: Technology
• Sector Strength: 88
• Industry: Advertising Agencies
• EPS (TTM): 0.80
• Shares Outstanding: 85,230,000
• 10 Day Avg. Volume: 106,066
• 30 Day Avg. Volume: 134,296
• PEG Ratio: -3.58
• Price to Book (P/B): 34.23
• Price to Sales (P/S): 25.54
• P/FCF Ratio: 2.51K
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0
• EPS Forecast (FY): N/A
• Revenue Forecast (FY): N/A

• Rating: 63 Neutral
• Price Target: ₹74.00 ▲(1.96% Upside)

Vertoz Ltd's strong financial performance is a key strength, supported by robust revenue growth and a solid balance sheet. However, the technical analysis indicates bearish momentum, and the valuation is moderate without a dividend yield. These factors collectively result in a balanced but cautious outlook for the stock.

Positive Factors

Revenue Growth

Strong revenue growth indicates effective market penetration and product demand, supporting long-term business expansion and competitiveness.

Balance Sheet Health

A low debt-to-equity ratio enhances financial stability, providing flexibility for future investments and resilience against economic downturns.

Profitability

Healthy profit margins reflect efficient operations and pricing power, contributing to sustainable profitability and shareholder value.

Negative Factors

Cash Flow Management

Weak cash flow conversion can limit the ability to reinvest in growth opportunities and meet financial obligations, impacting long-term financial health.

Earnings Volatility

Negative EPS growth indicates earnings volatility, which can undermine investor confidence and affect the company's ability to fund future growth.

EBIT Margin Decline

A declining EBIT margin suggests rising operational costs or pricing pressures, potentially affecting profitability and competitive positioning.

Vertoz Ltd Business Overview & Revenue Model

Company Description

Vertoz Advertising Limited engages in the programmatic advertising business in India and internationally. Its solutions include Ingenious Plex, a media buying platform that offers real-time trading of digital advertising between advertisers and publishers; IncrementX, an AI-driven platform for publishers that facilitates smart monetization for their sites; Admozart, an ad network that helps advertisers reach the masses by harnessing contextual and video feeds; Adzurite that provides performance marketing solutions for all the performance and advertising needs; and ZKraft, which offers 360° digital consulting and solutions to businesses aiming to leverage the power of digital. The company was formerly known as Vertoz Media Limited and changed its name to Vertoz Advertising Limited in June 2017. Vertoz Advertising Limited was incorporated in 2012 and is based in Mumbai, India.

How the Company Makes Money

Vertoz generates revenue primarily through its programmatic advertising services. The company's revenue model is structured around charging advertisers for the ad placements and impressions served through its platform. Key revenue streams include fees from advertisers for campaign management, data analytics services, and premium ad placements on its network of publisher websites. Additionally, Vertoz may engage in partnerships with other technology platforms and advertising networks to expand its reach and enhance its service offerings, thereby contributing to its overall earnings.

Vertoz Ltd Financial Statement Overview

Summary

Vertoz Ltd demonstrates strong growth and profitability with solid revenue increases and stable profit margins. The balance sheet is robust with low leverage and strong equity. However, cash flow management could improve, particularly in translating earnings into cash.

Income Statement

Vertoz Ltd shows impressive revenue growth with a significant increase of 64.3% from 2024 to 2025. The gross profit margin stands at 14.2%, and the net profit margin at 10.2%, indicating a healthy conversion of revenue into profit. Although the EBIT margin slightly decreased to 9.0%, the EBITDA margin improved to 17.0%, suggesting efficient operations.

Balance Sheet

The company's financial stability is underscored by a low debt-to-equity ratio of 0.10, signifying conservative leverage. Return on equity is strong at 13.7%, illustrating effective management of shareholders' investments. The equity ratio is at 75.1%, indicating a solid dependency on equity financing, enhancing financial stability.

Cash Flow

The free cash flow improved significantly, moving from negative to positive in 2025, indicating improved cash management. However, the operating cash flow to net income ratio is low at 0.23, suggesting potential challenges in converting income into cash. The free cash flow to net income ratio is 0.10, reflecting room for improvement in cash generation relative to earnings.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	2.66B	2.55B	1.55B	828.14M	416.06M	570.04M
Gross Profit	558.08M	361.37M	291.64M	248.19M	202.57M	209.90M
EBITDA	447.33M	434.16M	230.60M	175.85M	117.94M	143.21M
Net Income	271.69M	260.08M	157.78M	110.37M	61.03M	81.85M
Balance Sheet
Total Assets	0.00	2.54B	1.98B	1.30B	862.23M	838.49M
Cash, Cash Equivalents and Short-Term Investments	127.95M	127.95M	107.93M	64.04M	29.66M	29.62M
Total Debt	0.00	198.33M	171.26M	89.82M	99.94M	142.35M
Total Liabilities	-1.90B	632.72M	392.08M	277.40M	199.21M	261.18M
Stockholders Equity	1.90B	1.90B	1.58B	1.02B	663.03M	577.31M
Cash Flow
Free Cash Flow	0.00	25.98M	-335.17M	-156.01M	9.45M	-27.03M
Operating Cash Flow	0.00	58.74M	71.41M	-153.92M	23.14M	-27.03M
Investing Cash Flow	0.00	48.63M	-440.55M	7.39M	-3.66M	34.36M
Financing Cash Flow	0.00	-87.31M	413.03M	180.92M	-19.45M	-7.45M

Vertoz Ltd Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 72.58
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:VERTOZ, the sentiment is Neutral. The current price of 72.58 is above the 20-day moving average (MA) of 70.48, above the 50-day MA of 71.56, and below the 200-day MA of 85.96, indicating a neutral trend. The MACD of 0.43 indicates Negative momentum. The RSI at 52.13 is Neutral, neither overbought nor oversold. The STOCH value of 62.27 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:VERTOZ.

Vertoz Ltd Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
INFOBEAN	74 Outperform	₹14.20B	22.45	―	0.17%	14.57%	80.44%
SILVERTUC	66 Neutral	₹9.63B	42.05	―	0.07%	16.93%	36.77%
VERTOZ	63 Neutral	₹6.07B	22.36	―	―	21.99%	-14.27%
MINDTECK	62 Neutral	₹8.32B	26.73	―	0.48%	0.23%	10.64%
Sector *	61 Neutral	$37.18B	12.37	-10.20%	1.83%	8.50%	-7.62%
SUBEXLTD	50 Neutral	₹7.26B	-96.42	―	―	-9.53%	96.99%

Vertoz Ltd Corporate Events

Vertoz Limited Receives SEBI Compliance Certification for Q3 2025

Vertoz Limited has announced the receipt of a certificate under Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, for the quarter ending September 30, 2025. This certification, provided by KFin Technologies Limited, confirms the compliance of Vertoz Limited with the necessary regulatory requirements regarding the dematerialization and rematerialization of securities, ensuring transparency and adherence to market standards.

Vertoz Limited Concludes 14th AGM with E-Voting Transparency

Vertoz Limited held its 14th Annual General Meeting on September 30, 2025, through video conferencing, adhering to guidelines from the Ministry of Corporate Affairs and the Securities and Exchange Board of India. The company provided remote e-voting facilities for shareholders, with voting results and the scrutinizer’s report being made available on their website, reflecting their commitment to transparency and regulatory compliance.