Vax Housing Finance Corporation (Delisted) share price

BSE: 531650Commercial Services & Supplies

Vax Housing Finance Corporation Ltd · Face value ₹10 · Listed May 1996

Last traded ₹2.56 on 24 Feb 2025

Delisted on 15 Dec 2025.

Last announcements

The company's own last announcements before its shares stopped trading, routine notices left out.

  1. Nov 2022

  2. Oct 2022

  3. Sep 2022

Share price history

Daily closes since Jul 2009, adjusted for splits and bonuses

Daily close, ₹ per share

Q1 results, quarter to Jun 2022

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

Revenue
₹0.00 Cr−100.0% on a year ago
Operating profit
−₹0.01 Cr
Net profit
₹0.00 Cr
Earnings per share
₹0.00

From revenue to net profit, ₹ crore

  1. Revenue0.0
  2. Employee costs0.0
  3. Other expenses0.0
  4. Operating profit0.0
  5. Depreciation0.0
  6. Other income0.0
  7. Finance costs0.0
  8. Profit before tax0.0
  9. Tax0.0
  10. Net profit0.0

Vax Housing Finance Corporation results by quarter

Standalone: the listed company alone, without its subsidiaries. Latest quarter to Jun 2022. Results for the quarter to Sep 2022 were due by 14 Nov 2022, 45 days after it ends. Every company's dates are on the results calendar.

Revenue and net profit by quarter, ₹ crore

  • Revenue
  • Net profit
  • Loss
0.00.0Sep 190.0Dec 190.0Mar 200.00.0Jun 200.0Sep 200.0Dec 200.0Mar 210.00.0Jun 210.00.0Sep 210.00.0Dec 210.0Mar 2200.0Jun 22
Peak revenue ₹0.01 Cr, quarter to Jun 2020; lowest ₹0.00 Cr, quarter to Jun 2022Back to profit in the quarter to Jun 2022, ₹0.00 Cr

Operating and net margin by quarter, per cent

  • Operating margin
  • Net margin
35.7%−4.5%−4.5%15.4%15.2%22.0%35.7%−4.5%15.4%14.2%Sep 19Mar 20Sep 20Mar 21Sep 21Mar 22Jun 22
₹ croreSep 2017Dec 2017Mar 2018Jun 2018Q1Sep 2018Dec 2018Q3Mar 2019Jun 2019Sep 2019worked outDec 2019Q3Mar 2020Jun 2020Sep 2020Dec 2020Q3Mar 2021Jun 2021Q1Sep 2021Dec 2021Q3Mar 2022Jun 2022Q1
Revenue from operations0.010.010.010.000.010.000.010.010.01––0.01–––0.010.010.01–0.00
––0.020.01–0.01–––0.010.01–0.010.010.010.010.010.010.010.01
Materials and goods bought–––0.00–0.00–––0.000.00–0.000.000.000.000.000.000.000.00
Employee costs–––0.00–0.00–––0.000.00–0.000.000.000.000.000.000.000.00
Other expenses–––0.01–0.01–––0.010.01–0.010.010.010.010.010.010.010.01
Operating profit before depreciation––−0.01−0.01–−0.01–––––––––0.000.000.00–−0.01
Operating margin––−58.2%––––––––––––−4.5%15.4%15.2%––
Depreciation and amortisation––0.010.00–0.000.01––0.000.01–0.000.000.000.000.000.000.000.00
Other income0.010.010.010.010.010.010.010.010.010.010.010.010.010.010.010.000.000.000.010.01
Finance costs––0.000.00–0.00–––0.000.00–0.000.000.000.000.000.000.000.00
One-off items–––0.00–0.00–––0.000.00–0.000.000.000.000.000.000.000.00
Profit before tax0.000.01−0.010.010.010.01−0.010.010.000.000.000.010.000.00−0.010.000.000.000.000.00
––0.000.00–0.000.00––0.000.01–0.000.000.000.000.000.000.000.00
Tax rate–––0.0%–0.0%–––0.0%–––0.0%––0.0%0.0%–0.0%
Net profit0.000.01−0.020.010.010.01−0.020.010.000.00−0.010.010.000.00−0.010.000.000.000.000.00
Net margin40.0%57.1%−136.4%–50.0%–−125.0%38.5%22.0%––35.7%–––−4.5%15.4%14.2%––
Earnings per share₹0.04₹0.01₹0.00₹0.01₹0.01₹0.01−₹0.13₹0.04–₹0.00––₹0.00₹0.00––₹0.00₹0.00₹0.00₹0.00
Diluted earnings per share₹0.04₹0.01₹0.00₹0.01₹0.01₹0.01−₹0.01₹0.04––––₹0.00₹0.00––₹0.00₹0.00₹0.00₹0.00
Earnings per share in rupees, restated for later splits and bonuses.

The quarter to Jun 2021 was restated in the company's filing of 19 Nov 2021. The table shows the restated figures.

10 years at a glance

Standalone: the listed company alone, without its subsidiaries. ₹ crore, years to March.

Revenue, net profit and borrowings, ₹ crore

  • Revenue
  • Net profit
  • Borrowings
  • Loss
Mar 13Mar 149.20.1Mar 150.50.0Mar 160.00.0Mar 170.00.0Mar 180.00.0Mar 190.00.7Mar 200.00Mar 210.00Mar 22
Peak revenue ₹9.18 Cr, year to Mar 2015; lowest ₹0.04 Cr, year to Mar 2017A loss in 3 of the 8 years with results on record

Operating and net margin, per cent

  • Operating margin
  • Net margin
23.6%−14.6%23.6%0.7%8.1%−14.6%2.2%8.3%Mar 13Mar 15Mar 17Mar 19Mar 21Mar 22

Results for the year to Mar 2022

Standalone: the listed company alone, without its subsidiaries. ₹ crore.

From revenue to net profit

  1. Employee costs0.0
  2. Other expenses0.0
  3. Depreciation0.0
  4. Other income0.0
  5. One-off items0.0
  6. Finance costs0.0
  7. Profit before tax0.0
  8. Tax0.0
  9. Net profit0.0

What the company owns

  • Plant, investments and other assets₹43 Cr
  • Receivables₹1 Cr
  • Cash and bank₹0 Cr

What pays for it: net worth and liabilities

  • Net worth₹43 Cr
  • Other liabilities₹1 Cr

Profit and loss

Standalone, ₹ crore, years to March. No results on record for the years to Mar 2013 and Mar 2014.

₹ croreMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue from operations9.180.530.040.050.05–––
–––0.03–0.040.040.04
Materials and goods bought8.750.27–––0.000.000.00
Employee costs–––––0.000.000.00
Other expenses–––––0.040.040.04
Operating profit before depreciation–––0.01––––
Operating margin–––23.6%––––
Depreciation and amortisation0.060.010.010.010.010.010.000.00
Operating profit after depreciation–––0.00––––
Other income–––0.050.050.050.050.04
Finance costs–––0.00–0.000.000.00
One-off items–––––0.000.000.00
Profit before tax0.090.050.000.000.010.010.000.00
0.030.000.000.000.000.010.000.00
Net profit0.060.04−0.010.000.000.000.000.00
Net margin0.7%8.1%−14.6%2.2%8.3%–––
Materials, employee costs and other expenses are shown for the years they add up to operating expenses; for the year to Mar 2018 they do not, so they are left blank. Operating expenses, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2015, Mar 2016, Mar 2017 and Mar 2019: the statement does not state its finance costs, which operating profit is worked out from, so operating profit is not given. Revenue from operations, operating profit before depreciation and operating profit after depreciation are left blank for the years to Mar 2020, Mar 2021 and Mar 2022: the filing states revenue as 0 for a year whose own quarters state revenue, a placeholder rather than a figure, so revenue and what is made from it are not held.
Earlier years, Mar 2008 to Mar 2012
₹ croreMar 2008Mar 2009Mar 2010Mar 2011Mar 2012
Revenue from operations0.510.370.407.458.32
Depreciation and amortisation0.020.020.020.030.00
Other income0.530.070.030.290.26
Profit before tax0.810.140.152.730.49
Tax0.10––0.36–
Net profit0.710.140.152.370.49
Net margin137.5%37.5%36.6%31.8%5.9%
Standalone, ₹ crore, years to March.

Balance sheet

Standalone, ₹ crore, at 31 March.

₹ croreMar 2020Mar 2021Mar 2022
42.742.742.7
Share capital12.012.012.0
Reserves30.730.730.7
0.70.00.0
0.10.00.0
0.60.70.7
Total assets43.443.543.5
41.742.642.6
1.70.90.9
Net debt0.7−0.1−0.1
Borrowings are counted again inside the liabilities due within a year and after a year. No balance sheet is on record for the years to Mar 2015, Mar 2016, Mar 2017, Mar 2018 and Mar 2019, so its lines and the ratios worked from it are blank there.

Cash flow

Standalone, ₹ crore, years to March.

₹ croreMar 2021Mar 2022
0.000.00
Of which working capital0.000.00
Capital spending0.000.00
Free cash flow0.000.00
Cash from investing0.000.00
Cash from financing0.000.00
Dividends paid0.000.00
Shares bought back0.000.00
Shares issued0.000.00
Net change in cash0.000.00
Capital spending is part of cash from investing, and dividends paid, shares bought back and shares issued are part of cash from financing. Each is shown as an amount on a line of its own, and the section's other items are in its total only. No cash flow statement is on record for the years to Mar 2015, Mar 2016, Mar 2017, Mar 2018, Mar 2019 and Mar 2020.

Per share

Standalone, ₹ per share, years to March.

₹ per shareMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Earnings per share₹0.04–₹0.00₹0.00₹0.00₹0.00₹0.00
Diluted earnings per share₹0.04–₹0.00₹0.00₹0.00₹0.00₹0.00
Market cap at the year end (₹ crore)11.4–––1.6––
Earnings per share is left blank for the year to Mar 2017: the earnings per share stated has the opposite sign to the profit stated beside it, so it is not shown.

Ratios

Standalone, years to March.

RatioMar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Revenue growth−94.2%−92.3%9.8%6.7%–––
Net profit growth−28.3%––300.0%−46.8%––
Earnings per share growth––––−100.0%––
Debt to equity––––0.020.000.00
Assets per rupee of net worth––––1.021.021.02
Sales per rupee of plant––––0.000.000.00
Capital spending to depreciation–––––0.000.00
Plant being built, % of plant in use––––0.0%0.0%0.0%
Interest cover is left blank for the years to Mar 2020, Mar 2021 and Mar 2022: the filing states revenue as 0 for a year whose own quarters state revenue, a placeholder rather than a figure, so revenue and what is made from it are not held. No balance sheet is on record for the years to Mar 2015, Mar 2016, Mar 2017, Mar 2018 and Mar 2019, so its lines and the ratios worked from it are blank there.

Growth and returns over 3, 5 and 10 years

Standalone: the listed company alone, without its subsidiaries. Each window ends with the year to Mar 2022.

Return on assets, latest year
0.0%
Measure3 years
Debt to equity, average0.01

Where the cash came from and went

Standalone: the listed company alone, without its subsidiaries. ₹ crore, added up over each window, which ends with the year to Mar 2022.

₹ croreLatest year
Cash from operations0.00
Cash from investing0.00
Cash from financing0.00
Capital spending0.00
Dividends paid0.00
Shares bought back0.00
Shares issued for cash0.00
Borrowings raised0.00
Borrowings repaid0.00

Accounting checks

Standalone, years to March. Published tests of whether reported profit is backed by cash and the balance sheet.

CheckMar 2015Mar 2016Mar 2017Mar 2018Mar 2019Mar 2020Mar 2021Mar 2022
Altman Z-scorePublished threshold 1.1–––––66.1263.0660.24
Profit not backed by cash, % of assetsPublished threshold 10 per cent of average total assets––––––−0.01−0.01
Assets under construction, years of additionsOur threshold 2 years of additions––––––0.00–
Effective tax ratePublished threshold 17.16 per cent31.828.51–33.3320.0071.29––
A threshold marked as ours has no published figure; it is the line we read the check against.

Business segments

In the year to Mar 2022 the company reports one business segment, No Operation Business, which carries all its revenue.

Where the return came from

Yearly rates to Mar 2022, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+2.4%––0.0%
3 years−20.0%––0.0%
5 years−26.6%––0.0%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add. Earnings growth and the change in P/E are left empty where earnings per share at either end of the window was a loss or is not on record.

Vax Housing Finance Corporation share price by year

Each calendar year to 2025.

YearClose at year endChangeHighest closeLowest close
20252.56−24.9%3.252.56
20243.41+72.2%3.421.85
20231.98+12.5%2.481.36
20221.76+141.1%2.680.76
20210.73−45.1%1.440.61
20201.33−18.4%1.551.28
20191.63−44.7%2.811.63
20182.95−2.3%6.892.95
20173.02−54.3%8.502.28
20166.61−28.5%11.556.61
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before. 2021 is from its first session, 1 Mar 2021. The close is the year's last trade for 2025 (24 Feb 2025), 2023 (18 Dec 2023) and 2020 (9 Mar 2020).

Recent sessions

The 10 trading days to 24 Feb 2025, as traded on BSE.

DateOpenHighLowCloseAverage priceVolume
24 Feb 20252.532.582.532.562.531,610
17 Feb 20252.812.812.662.662.661,001
10 Feb 20252.782.792.782.792.79300
3 Feb 20252.892.892.892.892.8930
27 Jan 20253.043.043.043.043.0420
20 Jan 20253.103.103.103.103.10189
13 Jan 20253.413.413.253.253.38688
30 Dec 20243.413.413.413.413.4114,925
23 Dec 20243.253.253.253.253.254,300
16 Dec 20243.423.423.203.423.363,611
Prices in ₹ per share as traded, not adjusted.

Company details

BSE code
531650
ISIN
INE761B01017
Industry
Commercial Services & Supplies
CIN
L52100GJ1994PLC023147
Corporate identity number, the registrar of companies' code for it
Incorporated
1994
Registered office
301, Simandhar Estate, Nr. Sakar III, Income Tax, Ahmedabad 380014, Gujarat
Share registrar
MUFG Intime India Pvt. Ltd
Keeps the register of shareholders and handles transfers and dividend payments