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Virat Industries share price

Virat Industries Ltd.

BSE: 530521 SECTOR: Textile  6257   13   0

145.00
+3.00 (2.11%)
BSE: Today, 04:01 PM

Price Summary

Today's High

₹ 145

Today's Low

₹ 138.6

52 Week High

₹ 250

52 Week Low

₹ 133.6

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsAverage
The company could improve upon its asset employment.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

71.39 Cr.

Enterprise Value

67.81 Cr.

No. of Shares

0.49 Cr.

P/E

59.74

P/B

2.78

Face Value

₹ 10

Div. Yield

0 %

Book Value (TTM)

₹  52.12

CASH

3.74 Cr.

DEBT

0.16 Cr.

Promoter Holding

27.19 %

EPS (TTM)

₹  2.43

Sales Growth

52.84%

ROE

6.64 %

ROCE

9.13%

Profit Growth

19.87 %

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

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Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

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

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year52.84%
3 Year12.62%
5 Year2.03%

Profit Growth

1 Year19.87%
3 Year3%
5 Year-14.12%

ROE%

1 Year6.64%
3 Year5.35%
5 Year5.26%

ROCE %

1 Year9.13%
3 Year6.97%
5 Year7.14%

Debt/Equity

0.0065

Price to Cash Flow

-41.42

Interest Cover Ratio

32.4121037463977

CFO/PAT (5 Yr. Avg.)

1.21271762531997

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 27.19 0
Sep 2023 27.19 0
Jun 2023 27.19 0
Mar 2023 27.19 0
Dec 2022 27.19 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has significantly decreased its debt by 0.075 Cr.
  • Company is virtually debt free.
  • Company has a healthy Interest coverage ratio of 32.4121037463977.
  • The company has an efficient Cash Conversion Cycle of 83.0488910212222 days.
  • Company has a healthy liquidity position with current ratio of 4.71222807376668.

 Limitations

  • The company has shown a poor profit growth of 2.99660047458536% for the Past 3 years.
  • The company has shown a poor revenue growth of 12.6198443594812% for the Past 3 years.
  • Company has a poor ROE of 5.35287428602228% over the past 3 years.
  • Company has negative cash flow from operations of -1.7236.
  • The company is trading at a high PE of 59.74.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 14.14 9.94 9.85 8.39 8.46
Total Expenditure 13.14 9.09 8.97 7.8 8.67
Operating Profit 1 0.85 0.88 0.59 -0.21
Other Income 0.24 0.26 0.18 0.23 0.4
Interest 0.04 0.01 0.01 0.01 0.02
Depreciation 0.38 0.39 0.37 0.37 0.39
Exceptional Items 0 0 0 0 0
Profit Before Tax 0.81 0.71 0.69 0.44 -0.23
Tax 0.26 0.18 0.15 0.08 0.01
Profit After Tax 0.56 0.54 0.53 0.36 -0.24
Adjusted EPS (Rs) 1.13 1.09 1.08 0.74 -0.48

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 24.13 26.38 19.56 24.66 37.68
Total Expenditure 21.27 23.19 17.48 21.78 34.63
Operating Profit 2.86 3.19 2.08 2.88 3.05
Other Income 0.23 0.78 0.66 0.48 0.73
Interest 0.1 0.05 0.06 0.03 0.07
Depreciation 1.94 1.91 1.76 1.6 1.54
Exceptional Items 0 0 0 0 0
Profit Before Tax 1.06 2.01 0.93 1.73 2.18
Tax 0.41 0.52 0.13 0.37 0.56
Net Profit 0.65 1.48 0.79 1.35 1.62
Adjusted EPS (Rs.) 1.32 3.01 1.61 2.75 3.29

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 4.92 4.92 4.92 4.92 4.92
Total Reserves 15.29 16.79 17.61 18.93 20.07
Borrowings 0 0.31 0.24 0.16 0.08
Other N/C liabilities 0.59 0.4 0.25 0.08 -0.1
Current liabilities 3.33 4.14 2.56 3.67 5.37
Total Liabilities 24.13 26.56 25.58 27.77 30.35
Assets
Net Block 10.43 9.32 7.43 5.83 4.6
Capital WIP 0 0 0 0 0
Intangible WIP 0 0 0 0 0
Investments 0 0 0 0 0
Loans & Advances 0.53 0.61 0.38 0.35 0.43
Other N/C Assets 0 0 0 0 0
Current Assets 13.17 16.62 17.77 21.59 25.32
Total Assets 24.13 26.56 25.58 27.77 30.35
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 1.06 2.01 0.93 1.73 2.18
Adjustment 2.15 1.77 1.54 1.71 1.42
Changes in Assets & Liabilities 0.34 -1.5 1.8 -2.91 -4.57
Tax Paid -0.39 -0.8 -0.06 -0.48 -0.75
Operating Cash Flow 3.15 1.47 4.2 0.05 -1.72
Investing Cash Flow -0.95 -1.74 0.25 0.04 0.27
Financing Cash Flow -2.27 0.88 -1.2 -0.14 -0.66
Net Cash Flow -0.07 0.61 3.26 -0.06 -2.11

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 27.19 27.19 27.19 27.19 27.19
armand naozer aga 5.44 5.44 5.44 5.44 5.44
ayesha kaizad dadyburjor 4.92 4.92 4.92 4.92 4.92
kaizad rusi dadyburjor 1.08 1.08 1.08 1.08 1.08
rusi h. dadyburjor 0.22 0.22 0.22 0.22 0.22
shapoorjee chandabhoy fin... 15.31 15.31 15.31 15.31 15.31
zenobia r. dadyburjor 0.22 0.22 0.22 0.22 0.22
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 72.81 72.81 72.81 72.81 72.81
adi madan 2.40 2.40 2.40 2.40 2.40
brahm precision materials... - - 4.58 4.58 4.58
bt capital managers priva... 20.35 20.35 20.35 20.35 20.35
h m investments (uk) limi... 10.00 9.55 5.10 3.84 3.84
harita projects private - - 2.03 2.03 2.03
investor education and pr... 5.82 2.91 2.91 - 2.91
juzar feroz basrai 1.55 1.55 - 1.69 1.69
kunal kumar - - - 2.05 2.29
lata munot 3.42 3.35 3.33 3.24 3.24
llp - 1.93 - - 1.93
mangaldeep infratech llp 1.93 1.93 1.93 1.93 1.93
pradeep kishanrao wagh - 1.38 1.38 1.39 1.54
qicap markets llp 1.22 1.22 1.22 1.22 1.22
soli zal irani - - 1.06 1.05 1.02
investor education and pr... - - - 2.91 -
0 - - 1.55 - -
harita projects private l... 1.85 2.03 - - -

Annual Reports

Ratings & Research Reports

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Company Presentations

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Company News

Virat Industries informs about disclosure26 Mar 2024, 4:45PM Virat Industries informs about closure of trading window 26 Mar 2024, 3:00PM Virat Industries informs about disclosure26 Mar 2024, 2:45PM Virat Industries informs about appointment of CS cum CO1 Mar 2024, 3:12PM Virat Industries - Quaterly Results13 Feb 2024, 3:21PM Virat Industries - Quaterly Results13 Feb 2024, 3:21PM Virat Industries - Quaterly Results13 Feb 2024, 3:21PM Virat Industries informs about compliances-certificate7 Oct 2023, 12:06PM Virat Industries informs about AGM proceedings20 Sep 2023, 2:22PM Virat Industries informs about change in date of AGM17 Aug 2023, 12:08PM Virat Industries informs about disclosure 10 Aug 2023, 12:13PM Virat Industries informs about board meeting2 Aug 2023, 3:12PM Virat Industries informs about outcome of board meeting 25 May 2023, 4:57PM Virat Industries - Quaterly Results25 May 2023, 3:23PM Virat Industries - Quaterly Results25 May 2023, 3:23PM Virat Industries - Quaterly Results25 May 2023, 3:23PM Virat Industries informs about corporate action18 May 2023, 12:19PM Virat Industries informs about disclosure 25 Apr 2023, 2:34PM Virat Industries informs about disclosure 24 Apr 2023, 10:52AM Virat lndustries informs about outcome of board meeting 9 Feb 2023, 3:18PM Virat Industries - Quaterly Results9 Feb 2023, 2:09PM Virat Industries - Quaterly Results9 Feb 2023, 2:09PM Virat Industries - Quaterly Results9 Feb 2023, 2:09PM Virat Industries informs about board meeting 1 Feb 2023, 12:09PM Virat Industries informs about loss of share certificates6 Jan 2023, 11:56AM Virat Industries informs about press release11 Nov 2022, 4:22PM Virat Industries - Quaterly Results10 Nov 2022, 2:43PM Virat Industries - Quaterly Results10 Nov 2022, 2:43PM Virat Industries informs about proceedings of AGM 9 Sep 2022, 9:46AM Virat Industries informs about e-voting results of AGM 9 Sep 2022, 9:45AM Virat Industries - Quaterly Results10 Aug 2022, 1:10PM Virat Industries - Quaterly Results10 Aug 2022, 1:10PM Virat Industries informs about press release27 May 2022, 5:03PM Virat Industries - Quaterly Results26 May 2022, 2:51PM Virat Industries - Quaterly Results26 May 2022, 2:51PM Virat Industries informs about board meeting18 May 2022, 2:59PM Virat Industries informs about board meeting28 Apr 2022, 4:33PM Virat Industries informs about compliances-certificate 7 Apr 2022, 3:52PM Virat Industries informs about disclosure5 Apr 2022, 2:27PM Virat Industries informs about disclosure15 Feb 2022, 2:32PM Virat Industries - Quaterly Results10 Feb 2022, 1:16PM Virat Industries - Quaterly Results10 Feb 2022, 1:16PM Virat Industries - Quaterly Results10 Feb 2022, 1:16PM Virat Industries informs about board meeting2 Feb 2022, 12:42PM Virat Industries informs about board meeting27 Oct 2021, 12:51PM Virat lndustries informs about clarification on price movements14 Oct 2021, 11:04AM Virat Industries informs about newspaper publication27 Aug 2021, 4:56PM Virat Industries informs about press release4 Aug 2021, 12:32PM Virat lndustries informs about newspaper publication21 May 2021, 3:29PM Virat Industries informs about confirmation certificate17 Apr 2021, 2:57PM

Virat Industries Stock Price Analysis and Quick Research Report. Is Virat Industries 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). Virat Industries has a PE ratio of 59.7396176664469 which is high and comparatively overvalued .

  • Share Price: - The current share price of Virat Industries is Rs 145. One can use valuation calculators of ticker to know if Virat Industries share price is undervalued or 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. Virat Industries has ROA of 5.57824042288493 % 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. Virat Industries has a Current ratio of 4.71222807376668 .

  • 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. Virat Industries has a ROE of 6.63581226165791 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. Virat Industries has a D/E ratio of 0.0065 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. Virat Industries has an Inventory turnover ratio of 3.27602439331835 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - Virat Industries has reported revenue growth of 52.8445985682708 % 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 Virat Industries for the current financial year is 8.10171794313858 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for Virat Industries is Rs 0 and the yield is 0 %.

Last Updated on:
Brief about Virat Industries
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