Vakrangee :Potential for delivering good returns over 1-2 years.

Sector-Specialty Retail software

Market Cap.: 23,899.83 Cr.

Stock P/E: 41.33

Business Model:

India's largest e-Governance player with over 20 years of domain experience in the entire spectrum of the Government's
National e-Governance plan – right from data digitization to
technology management in delivering large-scale and complex in nature e-Governance projects. Provide various services to rural India as pointed out later section.

Price performance:

Technical trend shows UP.

Sales and profit growth performance:

Business Outlook:

1. BFSI Services

• A retail house offering banking and financial services to India's unbanked population and the last mile link connecting India's urban and rural citizens with its modern ecosystem.
• They have received an exclusive mandate to offer banking services at these Vakrangee Kendra.
• They have signed an agreement with 31 banks, including 26 public sector banks such as State Bank of India, Punjab National Bank and Bank of India for Common BC & with 8 Banks for National BC Agreement such as Bank of India, Punjab National Bank, Union Bank of India & Bank of Baroda.
• Vakrangee Limited

1. G2C Services

• Empanelled by the Government of India to offer an exclusive portfolio of several Government-to-Citizen services (G2C) at the Gram Panchayat level.
• Portfolio of G2C Services includes payment of taxes and levies, collection services (recruitment application processing), grievance management, and issuance of certificates (providing railway tickets and exam hall-tickets), among other services.
• Vakrangee Limited

1. B2C Services

• Provide end-to-end e-Commerce solutions to our customers with the sole objective of connecting India's rural citizens with the modern ecosystem.
• Service delivery in the B2C segment includes mobile recharges in the telecommunications space and top-up Direct-to-Home (DTH) services and recharge coupons in the DTH segment. They have partnered with 17 Telecom Operators and 3 DTH providers (Tata Sky, Videocon and Dish TV) of home entertainment.

1. E-Governance Projects

• Some of the e-Governance projects currently engaged in are: PDS, UIDAI, CSC, FI, IGRS, among others.

Downside:

1. Company has provided impressive growth rate but price has factored the growth story.
2. The impressive growth story has a solid stamp of Modi government. If current government fails (I hope not) to retain power in next term, majority of these projects would face slow execution.

Happy Investing !