Vinyl Chemicals India Ltd.

SECTOR: Trading

102.1
₹ 0.85 (0.84%)
Today's High: 106.5 Today's Low : 101.25
52 Week High: 119.80 52 Week Low : 36.95
 FinStar
FinStar Indicates the overall health and quality of a stock based on Finology Research.
Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationFair
The stock’s market price justifies its intrinsic value.
EfficiencyExcellent
The company knows very well the utilization of its assets.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.

 Company Essentials

Market Cap

187.22190331 Cr.

P/E

17.3

P/B

3.07

Face Value

₹1

Div. Yield

3.33%

Book Value (TTM)

33.2297

Enterprise Value

178.19790331 Cr.

CASH

9.519 Cr.

DEBT

0.495 Cr.

Promoter Holding

50.62%

EPS (TTM)

5.9006

Sales Growth

28.67 %

ROE

15.47 %

ROCE

24.38 %

Profit Growth

-24.05 %

No. of Shares

1.8337111 Cr.

Add your own Ratio
* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

 Price Chart 1w1m3m6m1Yr3Yr5Yr

* Prices are based on daily market changes.

 Valuation Chart 1w1m3m6m1Yr3Yr5Yr

* The chart is based on the standalone earnings of the company.

 Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Sales Growth

1 Year28.67%
3 Year12.91%
5 Year10.52%

 Profit Growth

1 Year-24.05%
3 Year3.51%
5 Year3.43%

 ROE

1 Year15.47%
3 Year19.13%
5 Year23.82%

 ROCE

1 Year24.38%
3 Year29.6%
5 Year36.37%

 Debt Equity

0.01

 Price to Cash Flow

-8.85

  Interest Cover Ratio

186.64

 CFO/PAT (5 Yr Avg.)

0.175834513278947

 Share Holding Pattern

 Promoter Pledging %

Date Promoter % Pledge %
Dec 2019 50.62 0
Sep 2019 50.62 0
Jun 2019 50.62 0
Mar 2019 50.62 0
Dec 2018 50.62 0
* Figures given above are % of equity capital

 Strengths

  • Company has been maintaining healthy ROCE of 29.5966666666667% over the past 3 years.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 186.64.
  • Company’s PEG ratio is -0.719472976531581.
  • The company has an efficient Cash Conversion Cycle of 25.61 days.
  • The company has a high promoter holding of 50.62%.

 Limitations

  • The company has shown a poor profit growth of 3.51387230702724% for the Past 3 years.
  • The company has shown a poor revenue growth of 12.9124775502786% for the Past 3 years.
  • Company has negative cash flow from operations of -211.4866.
  • The company has a low EBITDA margin of 3.178% over the past 5 years.

 Quarterly Result (All Figures are in Crores.)

Particulars Dec 2018 Mar 2019 Jun 2019 Sep 2019 Dec 2019
Net Sales 137.81 108.81 85.09 105.43 110.65
Other Income 1.13 3.42 1.73 0.7 0.92
Total Expenditure 132.17 102.54 83.99 102.66 106.35
Operating Profit 6.77 9.69 2.83 3.47 5.22
Interest 0.01 0.03 0.01 0.04 0
Depreciation 0 0.01 0 0 0.01
Exceptional Items 0 -3.74 -1.78 0 0
Profit Before Tax 6.76 5.91 1.04 3.43 5.21
Tax 2.37 2.3 0.32 0.82 1.33
Profit After Tax 4.39 3.61 0.72 2.61 3.88

 Profit & Loss (All Figures are in Crores except Adjusted EPS in Rs.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Net Sales 441.56 335.36 292.71 375.19 482.77
Other Income 1.29 3.05 4.18 3.96 3.59
Total Expenditure 424.04 326.05 283.44 360.94 472.27
Operating Profit 18.8 12.36 13.46 18.2 14.09
Interest 0.07 0.07 0.03 0.08 0.08
Depreciation 0.01 0.01 0.01 0.01 0.01
Exceptional Items 0 0 0 0 0
Profit Before Tax 18.72 12.29 13.43 18.12 14.01
Tax 6.38 4.3 4.71 6.45 5.15
Net Profit 12.34 7.99 8.72 11.67 8.86
Adjusted EPS 7 4 5 6 5

 Balance Sheet (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Equity and Liabilities
Share Capital 1.83 1.83 1.83 1.83 1.83
Total Reserves 32.8 40.58 45.96 53.66 57.2
Borrowings 0.5 0.5 0 0.5 0.5
Other N/C liabilities 0.05 0.34 0.42 0.01 0.09
Current liabilities 68.47 89.04 64.83 120.07 94.3
Total Liabilities 103.65 132.3 113.04 176.07 153.92
Assets
Net Block 0.23 0.23 0.22 0.22 0.22
Capital WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 0.31 0.31 0.1 0.12 0.25
Other N/C Assets 0.58 0.58 0.58 0.38 0.38
Current Assets 102.53 131.18 112.14 175.35 153.07
Total Assets 103.65 132.3 113.04 176.07 153.92
* Other Non-current Liabilities include Net deferred Liabilities

 Cash Flows (All Figures are in Crores.)

Particulars Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019
Profit Before Tax 18.72 12.29 13.43 18.12 14
Adjustment -1.19 -3.72 -2.52 -3.76 -0.01
Working Capital Changes -10.6 29.61 -13.05 -11.15 -29.66
Tax Paid -6.45 -4.06 -4.94 -5.92 -5.49
Operating Cash Flow 0.48 34.12 -7.08 -2.71 -21.15
Investing Cash Flow -2.55 -32.73 10.09 7.94 33.56
Financing Cash Flow -2.15 -3.31 -3.31 -3.97 -5.31
Net Cash Flow -4.21 -1.92 -0.29 1.26 7.1

 Corporate Actions

 Ratings & Research Reports

No Credit and Research reports exist for this company.

 Company Presentations

Currently we do not have any Presentation and Concall related to this company.

 Vinyl Chemicals Stock Price Analysis and Quick Research Report

Is Vinyl Chemicals an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). Vinyl Chemicals has a PE ratio of 16.6915021317107 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. Vinyl Chemicals has ROA of 5.36999077579935 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. Vinyl Chemicals has a Current ratio of 1.62315001026022 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. Vinyl Chemicals has a ROE of 15.473432595284 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Vinyl Chemicals has a D/E ratio of 0.00838096283692137 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. Vinyl Chemicals has an Inventory turnover ratio of 7.93726667639963 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Vinyl Chemicals has reported revenue growth of 28.67 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of Vinyl Chemicals for the current financial year is 2.17443094427738 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Vinyl Chemicals is Rs 2.4 and the yield is 3.3333 %.

X