---
title: "Vanta Bioscience Ltd (540729) — Share Price, Financials & Analysis"
symbol: "540729"
company: "Vanta Bioscience Ltd"
canonical: "https://tapetide.com/stocks/540729"
isin: "INE695X01011"
nse_symbol: "VANTABIOSCIENCELTD"
bse_code: "540729"
sector: "Healthcare"
industry: "Healthcare Technology"
market_cap_cr: 14.6
generated_at: "2026-09-13T19:06:50.799Z"
---

# Vanta Bioscience Ltd (540729)

Canonical page: https://tapetide.com/stocks/540729

## Company

- **NSE Symbol:** VANTABIOSCIENCELTD
- **BSE Code:** 540729
- **ISIN:** INE695X01011
- **Sector:** Healthcare
- **Industry:** Healthcare Technology
- **Macro Sector:** Healthcare
- **Stock Type:** EQUITY
- **Listed Since:** 2017-10-06
- **Face Value:** ₹10
- **F&O Eligible:** No
- **Website:** vantabio.com

## About

Incorporated in 2016, Vanta Bioscience Ltd is a full-service preclinical contract research organisation. [1]

## Latest Price

## Key Fundamentals

Observed at 2026-09-11T04:41:47.855525Z.

- **Market Cap:** ₹14.6 Cr
- **Classification:** SME
- **P/E (reported):** 137.2
- **EPS (reported):** ₹0
- **Book Value:** ₹29.77
- **Price to Book:** 0.69
- **Dividend Yield:** 0%
- **ROE:** -351.27%
- **ROCE:** -14.43%
- **Debt to Equity:** 1.8
- **Revenue (yearly):** ₹1.82 Cr
- **Net Income:** ₹0.01 Cr
- **EBITDA:** ₹1.02 Cr
- **52-Week High:** ₹29
- **52-Week Low:** ₹14.71
- **RSI (14):** 43.25

## Key Insights

### Strengths

- Company has reduced debt.
- Stock is trading at 0.69 times its book value

### Weaknesses

- Company has low interest coverage ratio.
- The company has delivered a poor sales growth of -28.6% over past five years.
- Company has a low return on equity of -15.6% over last 3 years.
- Company might be capitalizing the interest cost
- Company has high debtors of 513 days.
- Working capital days have increased from -636 days to 435 days

## Growth Rates

| Metric | QoQ | 1Y | 3Y | 5Y |
| --- | --- | --- | --- | --- |
| cash flow growth | — | -189.93% | -282.54% | -134.58% |
| ebitda margin growth | -20% | -125.78% | 256.79% | 33.85% |
| net income growth | 46.15% | -100.08% | 26% | -24% |
| revenue growth | -53.57% | -13.33% | -32% | -29% |
| roce | -63.24% | 193.29% | 120.64% | -3.37% |
| roe | -46.87% | 429.5% | -157.6% | — |

## Financial Statements

### Quarterly Results

All figures in ₹ crore unless the row name says otherwise.

| Item | Sep 2020 | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 5.28 | 4.76 | 5.38 | 4.31 | 2.82 | 3.45 | 6.18 | 3.55 | 1.03 | 0.33 | 0.3 | 1.51 |
| Expenses | 3.5 | 2.58 | 3.89 | 2.33 | 3.37 | 5.3 | 4.12 | 4.3 | 1.42 | 2.01 | 0.67 | 0.13 |
| Operating Profit | 1.78 | 2.18 | 1.49 | 1.98 | -0.55 | -1.85 | 2.06 | -0.75 | -0.39 | -1.68 | -0.37 | 1.38 |
| OPM % | 33.71 | 45.8 | 27.7 | 45.94 | -19.5 | -53.62 | 33.33 | -21.13 | -37.86 | -509.09 | -123.33 | 91.39 |
| Other Income | 0 | 0.03 | 0.02 | 0.4 | 0.01 | 0.68 | 0.03 | 0.08 | 0.04 | 0.04 | 0 | 0.16 |
| Interest | 1.01 | 1.13 | 1.14 | 1.2 | 2.48 | 3.4 | 2.85 | 2.9 | 2.14 | -0.06 | 0.88 | -0.11 |
| Depreciation | 0.61 | 0.65 | 0.66 | 0.66 | 1.31 | 1.36 | 1.54 | 2.95 | 1.69 | -0.17 | 0.61 | -0.23 |
| Profit before tax | 0.16 | 0.43 | -0.29 | 0.52 | -4.33 | -5.93 | -2.3 | -6.52 | -4.18 | -1.41 | -1.86 | 1.88 |
| Tax % | 68.75 | 9.3 | -106.9 | 13.46 | 2.08 | 1.52 | -0.87 | -3.07 | -1.2 | -2.13 | -2.69 | -2.66 |
| Net Profit | 0.06 | 0.39 | 0.02 | 0.07 | -2.56 | -3.92 | -0.54 | -1.78 | -2.07 | -1.37 | -1.82 | 1.93 |
| EPS in Rs | 0.1 | 0.62 | 0.03 | 0.11 | -4.06 | -6.21 | -0.86 | -2.82 | -3.28 | -2.17 | -2.56 | 2.71 |

### Profit & Loss

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Sales | 12.08 | 13.75 | 9.82 | 9.4 | 5.83 | 9.72 | 1.96 | 1.82 |
| Expenses | 8.81 | 9.38 | 5.87 | 5.93 | 8.22 | 8.41 | 6.21 | 0.8 |
| Operating Profit | 3.27 | 4.37 | 3.95 | 3.47 | -2.39 | 1.31 | -4.25 | 1.02 |
| OPM % | 27.07 | 31.78 | 40.22 | 36.91 | -40.99 | 13.48 | -216.84 | 56.04 |
| Other Income | 0.23 | 0.11 | 0.03 | 0.42 | 0.69 | 0.11 | 0.11 | 0.16 |
| Interest | 1.69 | 1.95 | 2.14 | 2.35 | 5.89 | 5.75 | 4.07 | 0.78 |
| Depreciation | 0.71 | 1.19 | 1.25 | 1.32 | 2.67 | 4.5 | 4.42 | 0.39 |
| Profit before tax | 1.1 | 1.34 | 0.59 | 0.22 | -10.26 | -8.83 | -12.63 | 0.01 |
| Tax % | 36.36 | 24.63 | 23.73 | 40.91 | 1.75 | -2.49 | 5.23 | -900 |
| Net Profit | 0.7 | 1.01 | 0.45 | 0.14 | -10.44 | -8.61 | -13.29 | 0.11 |
| EPS in Rs | 1.11 | 1.58 | 0.71 | 0.14 | -10.27 | -3.68 | -7.56 | 0.15 |
| Dividend Payout % | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |

### Balance Sheet

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Equity Capital | 6.31 | 6.31 | 6.31 | 6.31 | 6.31 | 6.31 | 6.31 | 7.11 |
| Reserves | 15.94 | 17.16 | 17.61 | 17.7 | 11.2 | 8.89 | 4.11 | 14.06 |
| Borrowings | 13.25 | 17.37 | 35.97 | 44.86 | 57.16 | 60.96 | 70.09 | 38.08 |
| Other Liabilities | 3.51 | 7.74 | 9.74 | 12.53 | 10.04 | 9.24 | 5.37 | 6.85 |
| Total Liabilities | 39.01 | 48.58 | 69.63 | 81.4 | 84.71 | 85.4 | 85.88 | 66.1 |
| Fixed Assets | 17.9 | 20.76 | 29.39 | 36.12 | 57.22 | 54.15 | 55.5 | 48.08 |
| CWIP | 3.7 | 7 | 19.34 | 28.47 | 10.6 | 12.53 | 13.47 | 0 |
| Investments | 1.95 | 0 | 0 | 0 | 0 | 0 | 0 | 3 |
| Other Assets | 15.46 | 20.82 | 20.9 | 16.81 | 16.89 | 18.72 | 16.91 | 15.02 |
| Total Assets | 39.01 | 48.58 | 69.63 | 81.4 | 84.71 | 85.4 | 85.88 | 66.1 |

### Cash Flow

All figures in ₹ crore unless the row name says otherwise.

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Cash from Operating Activity | -1.04 | 2.34 | 6.97 | 5.28 | -0.63 | 2.68 | -2.41 | -5.22 |
| Cash from Investing Activity | -5.73 | -7.59 | -22.3 | -17.24 | -5.91 | -3.31 | -6.69 | -6.87 |
| Cash from Financing Activity | 9.94 | 2.17 | 17.78 | 9.53 | 6.41 | 0.69 | 9.16 | 12.08 |
| Net Cash Flow | 3.18 | -3.07 | 2.46 | -2.43 | -0.13 | 0.06 | 0.06 | -0.01 |
| Free Cash Flow | -3.52 | -5.01 | -15.23 | -11.9 | -6.54 | -0.63 | -9.1 | -12.09 |
| CFO/OP | -32 | 54 | 176 | 152 | 26 | 205 | 57 | -512 |

### Ratios

| Item | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Debtor Days | 47.14 | 36.9 | 74.71 | 43.88 | 122.71 | 117.91 | 465.56 | 513.41 |
| Inventory Days | — | — | — | — | — | — | 2400.15 | — |
| Days Payable | — | — | — | — | — | — | 1821.31 | — |
| Cash Conversion Cycle | 47.14 | 36.9 | 74.71 | 43.88 | 122.71 | 117.91 | 1044.4 | 513.41 |
| Working Capital Days | 260.76 | 259.61 | 91.06 | -135.13 | -163.4 | -217.42 | -2126.68 | 435.19 |
| ROCE % | — | 8.35 | 5.21 | 3.77 | -5.82 | -4.16 | -11.58 | 1.19 |

## Shareholding Pattern

### Quarterly

| Category | Mar 2021 | Sep 2021 | Mar 2022 | Sep 2022 | Mar 2023 | Sep 2023 | Mar 2024 | Sep 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Mar 2026 |
| --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- |
| Promoters | 69.11% | 69% | 69% | 69.36% | 69.36% | 69.36% | 69.36% | 69.36% | 69.36% | 72.81% | 72.81% | 72.81% |
| FIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| DIIs | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Government | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Public | 26.39% | 26.41% | 26.35% | 26.56% | 26.77% | 26.77% | 25.97% | 26.55% | 26.35% | 23.39% | 23.66% | 24.51% |
| Others | 4.5% | 4.59% | 4.65% | 4.08% | 3.87% | 3.87% | 4.67% | 4.09% | 4.29% | 3.81% | 3.53% | 2.68% |
| No. of Shareholders | 361 | 412 | 409 | 393 | 394 | 388 | 418 | 424 | 408 | 408 | 419 | 426 |

## Technical Indicators

Derived from daily closing prices and recomputed each trading session; values move with the market.

- **Overall Signal:** Strong Sell
- **Buy / Neutral / Sell:** 4 / 5 / 10

### Moving Averages — summary: **Strong Sell**

| Indicator | Value | Signal |
| --- | --- | --- |
| SMA (10) | 22.25 | Sell |
| EMA (10) | 21.63 | Sell |
| SMA (20) | 23.13 | Sell |
| EMA (20) | 22.12 | Sell |
| SMA (50) | 20.36 | Buy |
| EMA (50) | 21.47 | Sell |
| SMA (100) | 20.52 | Buy |
| EMA (100) | 21.64 | Sell |
| SMA (200) | 22.74 | Sell |
| EMA (200) | 25.1 | Sell |

### Oscillators — summary: **Neutral**

| Indicator | Value | Signal |
| --- | --- | --- |
| RSI (14) | 43.25 | Neutral |
| MACD (12,26,9) | -0.18 | Sell |
| Stochastic (14,3,3) | 9.04 | Buy |
| ADX (14) | 20.39 | Neutral |
| Williams %R (14) | -72.89 | Neutral |
| ATR (14) | 1.02 | High Volatility |
| ROC (12) | -18.82 | Sell |
| Stoch RSI (14) | 19.48 | Buy |
| UO (7,14,28) | 36.92 | Neutral |

## Filings & Documents

### Exchange Filings & Announcements

| Date | Document |
| --- | --- |
| 2026-09-05 | [Board Meeting Outcome for Outcome Of Board Meeting Held On 05.09.2026 - 10Th Annual General Meeting (AGM) To Be Held On 30.09.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=8d9beb54-2074-4d55-b141-4406b2a44840.pdf) |
| 2026-05-30 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On 30.05.2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=36cf9b84-831d-4a52-8344-ff956beff214.pdf) |
| 2026-05-26 | [Board Meeting Intimation for Approval Of Standalone And Consolidated Audited Financial Results For The Half Year And Financial Year Ended March 31 2026 - Board Meeting To Be Held On May 30 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=2ed45353-5dd0-4ad6-8131-630dfa00c921.pdf) |
| 2026-04-10 | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations 2018](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=875f91ff-6ec1-43f2-b543-5f387e4b571b.pdf) |
| 2026-03-24 | [Closure of Trading Window](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=ce849488-89d4-488c-8d12-dc1905932a30.pdf) |
| 2026-03-11 | [Clarification On Movement In Price](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=f3809891-5c47-417f-bbfc-56f53942226f.pdf) |
| 2026-01-30 | [Board Meeting Outcome for Outcome Of The Board Meeting - Appointment Of Company Secretary And Compliance Officer](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e70034a7-ceef-4b0b-b4c3-babccd50b58f.pdf) |
| 2025-11-14 | [Board Meeting Outcome for Outcome Of The Board Meeting Held On November 14 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=a63286ac-64c7-4ac2-ad10-f6c6fd74c46a.pdf) |
| 2025-11-08 | [Board Meeting Intimation for Board Meeting To Be Held On 14.11.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=9204b838-41e2-4bd2-99bd-3f5ac1ca3615.pdf) |
| 2025-11-01 | [Reg. 34 (1) Annual Report.](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e93da234-4e6d-4674-ac9c-0b8f041d324c.pdf) |

### Results & Financial Statements

| Date | Document |
| --- | --- |
| 2026-05-30 | [Audited Standalone And Consolidated Financial Results For The Half Year And Financial Year Ended March 31 2026](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e866228f-6418-4829-a875-63b4d778ea3c.pdf) |
| 2025-11-14 | [Financial Results For The Half Year Ended September 30 2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=628ced49-d50c-40f0-bef3-098b1145dda0.pdf) |
| 2025-08-01 | [Financials For The Half Year And Year Ended 31.03.2025](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=af27c1ce-3e2b-4141-b6e8-e63655889e02.pdf) |
| 2025-05-29 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e086f06f-9bef-470f-8c1d-bb0122d66a24.pdf) |
| 2024-11-14 | [Unaudited Results For 30.09.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=987af8b3-f639-479d-82f1-8fa87395262c.pdf) |
| 2024-07-19 | [Results For The Period Ended 31.03.2024](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=b56ede29-9aa2-49d2-bc6b-d32d56bcbc95.pdf) |
| 2023-08-10 | [Financial Results For The Period Ended 30.09.2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=e1d81406-2c51-4248-9742-1afb9130ab1c.pdf) |
| 2023-08-10 | [Financial Results For The Half Year And Year Ended 31.03.2023](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=17eeec6f-d40c-4065-85df-85560db474f7.pdf) |
| 2022-11-14 | [Results-Delay in Financial Results](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=c258bdf2-5f35-4867-b3f2-9d853ae2a813.pdf) |
| 2022-05-30 | [Board Meeting Outcome for Outcome Of Board Meeting Dated 30.05.2022](https://www.bseindia.com/stockinfo/AnnPdfOpen.aspx?Pname=06e83fc2-f366-402d-9821-222289ffdb9b.pdf) |

### Other Documents

| Date | Document |
| --- | --- |
| 30 Jan - Ms. Pooja Kothari appointed Company Secretary & Compliance Officer effective 30.01.2026. | [Board Meeting Outcome for Outcome Of The Board Meeting - Appointment Of Company Secretary And Compliance Officer 30 Jan - Ms. Pooja Kothari appointed Company Secretary & Compliance Officer effective 30.01.2026.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e70034a7-ceef-4b0b-b4c3-babccd50b58f.pdf) |
| 16 Apr 2018 - Compliance Certificate pursuant to Regulation 7(3) of SEBI (LODR) Regulations, 2015 for the half year ended March 31, 2018 | [Compliance Certificate For The Half Year Ended March 31, 2018 16 Apr 2018 - Compliance Certificate pursuant to Regulation 7(3) of SEBI (LODR) Regulations, 2015 for the half year ended March 31, 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/4/130528fb-ac83-4c98-9f48-efd9b8e41edc.PDF) |
| 14 Nov 2025 - Board approved unaudited standalone and consolidated results for half-year ended Sep 30, 2025; limited review attached. | [Board Meeting Outcome for Outcome Of The Board Meeting Held On November 14, 2025 14 Nov 2025 - Board approved unaudited standalone and consolidated results for half-year ended Sep 30, 2025; limited review attached.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/a63286ac-64c7-4ac2-ad10-f6c6fd74c46a.pdf) |
| 11 Mar - On 11.03.2026, company told BSE it disclosed material information; unaware of cause for 25.02.2026 price movement. | [Clarification On Movement In Price 11 Mar - On 11.03.2026, company told BSE it disclosed material information; unaware of cause for 25.02.2026 price movement.](https://www.bseindia.com/xml-data/corpfiling/AttachHis/f3809891-5c47-417f-bbfc-56f53942226f.pdf) |
| — | [Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 10 Apr](https://www.bseindia.com/xml-data/corpfiling/AttachHis/875f91ff-6ec1-43f2-b543-5f387e4b571b.pdf) |
| — | [Closure of Trading Window 24 Mar](https://www.bseindia.com/xml-data/corpfiling/AttachHis/ce849488-89d4-488c-8d12-dc1905932a30.pdf) |
| — | [Financial Results For The Half Year Ended September 30, 2025 14 Nov 2025](https://www.bseindia.com/xml-data/corpfiling/AttachHis/628ced49-d50c-40f0-bef3-098b1145dda0.pdf) |
| — | [Compliance Certificate For The Half Year Ended March 31, 2018 16 Apr 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/4/f1a8ee6f-34af-4232-8f2c-8d2e40b682ec.PDF) |
| — | [Financial Results For Quarter Ended 31.12.2017 14 Feb 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/ace0f60f-c3ab-473d-b7de-a661ce2989a8.pdf) |
| — | [Board Meeting On 14.02.2018 5 Feb 2018](https://www.bseindia.com/xml-data/corpfiling/CorpAttachment/2018/2/adfe8635-ffc1-4da5-96af-a5719898560c.pdf) |

### Annual Reports

| Date | Document |
| --- | --- |
| from nse | [Financial Year 2011 from nse](https://archives.nseindia.com/annual_reports/AR_PEPL_2010_2011_02112011120707.zip) |
| from nse | [Financial Year 2010 from nse](https://archives.nseindia.com/annual_reports/AR_PEPL_2009_2010_30122010111253.zip) |
| from bse | [Annual Report 2025 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/e93da234-4e6d-4674-ac9c-0b8f041d324c.pdf) |
| from bse | [Annual Report 2024 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/75069e8f-e536-42a7-896d-726e9f6c0f44.pdf) |
| from bse | [Annual Report 2023 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/de46ad2f-d9b5-46f7-828c-cfa233c4cacb.pdf) |
| from bse | [Annual Report 2022 from bse](https://www.bseindia.com/xml-data/corpfiling/AttachHis/9052b29d-7b07-4a9c-9240-28d4723d7869.pdf) |
| from bse | [Annual Report 2021 from bse](https://www.bseindia.com/bseplus/AnnualReport/540729/72844540729.pdf) |
| from bse | [Annual Report 2020 from bse](https://www.bseindia.com/bseplus/AnnualReport/540729/66753540729.pdf) |
| from bse | [Annual Report 2019 from bse](https://www.bseindia.com/bseplus/AnnualReport/540729/5407290319.pdf) |
| from bse | [Annual Report 2018 from bse](https://www.bseindia.com/bseplus/AnnualReport/540729/5407290318.pdf) |

---

Provenance differs by section. Financial statements, shareholding and filings are as reported in company disclosures to NSE/BSE/SEBI. Price, volume and 52-week levels are exchange market data. Technical indicators are computed by Tapetide from daily closing prices. The Tapetide Score is Tapetide's own analysis. Analyst ratings are third-party estimates, not company statements. All figures are for research and information only and are not investment advice. Generated 2026-09-13T19:06:50.799Z.