28.48
29.49
26.46
44.00
26.46
53.70
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Current Price
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Stock PE (TTM)
Promoter Holding
Book Value
ROCE
ROE
Virinchi Limited was originally incorporated on 13 March, 1990 as a Private Limited Company with the name `Vrinchi Consultants Limited`. The Company changed the name from `Vrinchi Consultants Limited` to `Vrinchi Technologies Limited` on October 08, 2003. The Company was subsequently converted into a Public Limited Company on January 22, 2000 and during the year 2015-16, the name of the Company got changed from `Virinchi Technologies Limited` to `Virinchi Limited`. The Company received the Certificate of Incorporation on 12th January, 2016. Promoted by Viswanath Kompella and A P Srinivas, Virinchi Limited is an IT Products & Services company offering customized solutions to companies across the globe since 1990. The Company has developed & retained IP in several software products operating in supply chain management, alternate financial services, however, has had limited success in offering most of the solutions barring the software product for financial services where Virinchi has reached leadership position considering the market share of this niche industry. The Organisation is led by First Generation IIT/IIM Entrepreneurs and operates out of its Corporate Office at Banjara Hills, Hyderabad, India & US Head Quarters at Marlboro, New Jersey. Virinchi had set up a software development centre at Hyderabad and develop and market web-based applications. The total project cost was Rs 22.95 cr and was financed through promoters (Rs 15.25 cr), the public(Rs 5.70 cr) and the rest Rs 2 cr by way of debt. The company had set up marketing and development centres in the US and Malaysia. Virinchi Infrastructure Advisory Sdn. Bhd. is an advisory service company of Virinchi in Malaysia. It offers services in the field of management consulting and corporate diverification for Malaysian companies. It has signed an agreement with Kulim Technology Management Sdn. Bhd., Malaysia, to market its services and to develop software technology parks in India. Virinchi has many domestic and foreign alliances for identifying projects, arrangement of foreign equity, technical and marketing support and for providing project finance in India for core and infrastructure projects. The Company acquired 100% Shareholding of Ksoft Systems Inc; which became effective from 19th October, 2006. It set up a new International Data Centre (IDC) in Santa Clara, CA, USA in 2016. During 2016-17, the amalgamation of M/s. Bristlecone Hospitals Private Ltd with the Company was implemented and made effective from 01st April,2016. The Company launched a modern flagship health care facility in Hyderabad (Banjara Hills) comprising 350 beds in November, 2016 (upgraded to 400 beds). During the year 2018-19, the Company sold its Healthcare Business to M/s. Virinchi Health Care Private Limited (VHPL), a Wholly Owned Subsidiary of the Company through the slump sale for a consideration of Rs 45.57 Crores. The Company incorporated two subsidiaries namely V23 Medical solutions Private Limited and Virinchi Capital Private Limited to carry on the new initiatives of the company during 2020-21 and became 100% subsidiaries of the Company. Thereafter, the Company acquired a new technology called Thromboelastro-gram (TEG) which tracks the dynamics or sequence of clot development in a human body. It launched an assisted reproduction technique - In-vitro fertilisation (IVS) clinic headed by one of the most qualified specialists in Telangana. The brownfield asset light hospital was commissioned within 14 months at a capital cost of only Rs.0.45 Crores per bed.
Virinchi share price as on 09 Feb 2025 is Rs. 28.77. Over the past 6 months, the Virinchi share price has decreased by 8.35% and in the last one year, it has decreased by 21.39%. The 52-week low for Virinchi share price was Rs. 26.46 and 52-week high was Rs. 44.
532372
VIRINCHI
INE539B01017
Sep
You can buy Virinchi Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Virinchi Ltd Share.
Company share prices and volatile and keep changing according to the market conditions. As of Feb 07, 2025 03:55 PM the closing price of Virinchi Ltd was Rs.28.77.
The latest PE ratio of Virinchi Ltd as of Feb 07, 2025 03:55 PM is 41.26
The latest PB ratio of Virinchi Ltd as of Feb 07, 2025 03:55 PM is 1.63
The 52-week high of Virinchi Ltd share price is Rs. 44.00 while the 52-week low is Rs. 26.46
Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Feb 07, 2025 03:55 PM, the market cap of Virinchi Ltd stood at Rs. 294.65 Cr.
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