Is Vaswani Industries a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Vaswani Industries Ltd is a average quality company .

Is Vaswani Industries undervalued or overvalued?

The key valuation ratios of Vaswani Industries Ltd's currently when compared to its past seem to suggest it is in the Fair zone .

What is Vaswani Industries share price return in the past 10 years?

Vaswani Industries Ltd share price has appreciated 31.2% annually (CAGR) over the past ten years.

Is Vaswani Industries a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Semi Strong which suggest that the price of Vaswani Industries Ltd is likely to Rise-somewhat in the short term. However, please check the rating on Quality and Valuation before investing.

Vaswani Industries Ltd - Stock Valuation and Financial Performance

Name: Vaswani Industries
Brand: Vaswani Industries

BSE: 533576 | NSE: VASWANI | Steel/Sponge Iron/Pig Iron | Small Cap

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Vaswani Industries Share Price

₹37.44 -0.76 -1.99%
as on 25-Apr'24 16:01

10 Year X-Ray of Vaswani Industries:

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Standalone Basis ^P Consolidated Basis

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Value Creation ⓘ

Value Creation Index Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
ROCE % ⓘ	5.3%	6.3%	5.7%	6.3%	8.1%	5.6%	2.9%	7.2%	7.1%	7.8%	-
Value Creation Index ⓘ	-0.6	-0.6	-0.6	-0.6	-0.4	-0.6	-0.8	-0.5	-0.5	-0.4	-
Growth Parameters ⓘ Growth Parameters Colour Code Guide ⓘ
Sales ⓘ	226	255	238	256	237	319	352	314	374	392	410
Sales YoY Gr.	-	12.6%	-6.8%	7.6%	-7.1%	34.5%	10.4%	-10.8%	19.1%	4.7%	-
Adj EPS ⓘ	0	0.4	0.4	0.6	1.5	0.4	-1	1.4	1.5	2	2.4
YoY Gr.	-	3900%	0%	45%	156.9%	-73.8%	-351.3%	NA	11%	32.5%	-
BVPS (₹) ⓘ	29.1	28.4	28.9	28.8	28.8	30.9	30.1	31.6	33.1	35	37
Adj Net Profit ⓘ	0	1.2	1.2	1.7	4.5	1.2	-2.9	4.1	4.5	6	7
Cash Flow from Ops. ⓘ	6.7	24.4	18.5	4	3.7	9.4	9.7	28.7	-0.1	29.9	-
Debt/CF from Ops. ⓘ	8.9	1.9	2.5	10.7	13	5.4	5.5	1.5	-593.3	1.2	-

CAGR ⓘ

CAGR Colour Code Guide ⓘ

	9 Years	5 Years	3 Years	1 Years
Sales ⓘ	6.3%	10.6%	3.6%	4.7%
Adj EPS ⓘ	80.2%	6.1%	NA	32.5%
BVPSⓘ	2.1%	4%	5.2%	5.9%
Share Price	31.2%	31.8%	59.4%	77.3%

Key Financial Parameters ⓘ

Performance Ratio Colour Code Guide ⓘ

	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23	TTM
Return on Equity % ⓘ	0	1.4	1.4	2	5.2	1.3	-3.1	4.1	4.3	5.5	6.6
Op. Profit Mgn % ⓘ	6.7	6.9	6.7	6.3	6.8	5.5	3.9	5.9	5.1	5.4	5
Net Profit Mgn % ⓘ	0	0.5	0.5	0.7	1.9	0.4	-0.8	1.3	1.2	1.5	1.7
Debt to Equity ⓘ	0.7	0.6	0.6	0.5	0.6	0.6	0.6	0.4	0.5	0.3	-
Working Cap Days ⓘ	122	113	115	112	151	141	137	147	133	129	62
Cash Conv. Cycle ⓘ	43	36	40	37	55	55	58	71	54	51	28

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 6.60%

Sales growth has been subdued in last 3 years 3.60%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 3.82%

Latest Financials - Vaswani Industries Ltd.

	Standalone	Consolidated
TTM EPS (₹)	2.4	-
TTM Sales (₹ Cr.)	410	-
BVPS (₹.) ⓘ	37	-
Reserves (₹ Cr.) ⓘ	81	-
P/BV ⓘ	1.01	-
PE ⓘ	15.86	-

From the Market
52 Week Low / High (₹)	19.00 / 62.50
All Time Low / High (₹)	1.47 / 62.50
Market Cap (₹ Cr.)	112
Equity (₹ Cr.)	30
Face Value (₹)	10
Industry PE ⓘ	22

Management X-Ray of Vaswani Industries:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged ^*

0.00

* Pledged shares as % of Promoter's holding (%)

Valuation of Vaswani Industries

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Price Chart

Price to Earnings

Enterprise Value to EBIT

Price to Book-Value

Price to Sales

Dividend History

Analyst's Notes

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Key Ratios of Vaswani Industries

Standalone Basis Consolidated Basis

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Sales	226	255	238	256	237	319	352	314	374	392
Operating Expenses ⓘ	211	237	222	239	221	302	339	296	355	371
Manufacturing Costs	24	39	36	40	45	51	36	44	45	47
Material Costs	176	191	179	192	169	239	291	240	295	305
Employee Cost	3	3	4	3	3	4	5	6	7	8
Other Costs ⓘ	7	4	2	3	4	6	6	6	9	9
Operating Profit ⓘ	15	18	16	16	16	17	14	18	19	21
Operating Profit Margin (%)	6.7%	6.9%	6.7%	6.3%	6.8%	5.5%	3.9%	5.9%	5.1%	5.4%
Other Income ⓘ	2	1	1	0	1	1	2	0	1	2
Interest ⓘ	11	11	9	9	9	10	10	9	9	9
Depreciation ⓘ	5	6	6	6	5	5	5	4	4	4
Exceptional Items ⓘ	0	0	0	0	0	0	0	0	0	0
Profit Before Tax ⓘ	1	1	1	2	3	3	0	5	7	11
Tax ⓘ	1	0	0	0	-2	2	3	1	3	5
Profit After Tax	0	1	1	2	5	1	-3	4	4	6
PAT Margin (%)	0.0%	0.5%	0.5%	0.7%	1.9%	0.4%	-0.7%	1.3%	1.2%	1.5%
Adjusted EPS (₹)	0.0	0.4	0.4	0.6	1.5	0.4	-0.8	1.4	1.5	2.0
Dividend Payout Ratio (%)	0%	0%	0%	0%	0%	0%	0%	0%	0%	0%

Balance Sheet

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Equity and Liabilities
Shareholders Fund	83	83	84	86	87	93	98	102	107	113
Share Capital ⓘ	29	29	29	30	30	30	30	30	30	30
Reserves ⓘ	55	54	55	56	57	63	68	72	77	83
Minority Interest	0	0	0	0	0	0	0	0	0	0
Debt	55	44	42	42	48	51	53	40	51	34
Long Term Debt	12	8	3	4	7	11	9	7	15	10
Short Term Debt	43	36	38	39	41	39	44	32	36	24
Trade Payables	27	25	25	26	25	42	29	34	38	35
Others Liabilities ⓘ	9	9	13	5	11	13	17	20	22	20
Total Liabilities ⓘ	174	161	163	160	171	198	196	197	217	201
Fixed Assets
Gross Block	103	105	113	82	114	116	127	128	129	130
Accumulated Depreciation	31	39	46	20	57	62	67	71	75	79
Net Fixed Assetsⓘ	72	66	67	62	57	54	59	56	54	51
CWIP ⓘ	0	0	0	0	0	0	0	0	0	0
Investmentsⓘ	7	7	7	7	2	7	7	7	7	7
Inventories	31	27	37	32	31	51	37	45	39	49
Trade Receivables	30	29	22	26	41	43	54	54	50	49
Cash Equivalents	4	4	5	0	0	0	1	8	8	12
Others Assetsⓘ	30	28	24	32	39	42	37	26	58	33
Total Assets ⓘ	174	161	163	160	171	198	196	197	217	201

Cash Flow

(All Figures are in Crores.)

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Cash Flow From Operating Activity ⓘ	7	24	18	4	4	9	10	29	0	30
PBT ⓘ	1	1	1	2	3	3	0	5	7	11
Adjustment ⓘ	16	18	17	15	15	15	14	14	13	12
Changes in Working Capital ⓘ	-11	5	-0	-13	-13	-9	-4	10	-20	7
Tax Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Cash Flow From Investing Activity ⓘ	0	-2	-8	0	-1	-2	-1	-1	-2	-1
Capex	-1	-2	-8	-1	-1	-2	-1	-1	-2	-1
Net Investments	1	0	0	0	0	0	0	0	0	0
Others ⓘ	0	0	0	0	0	0	0	0	0	0
Cash Flow From Financing Activityⓘ	-10	-22	-10	-9	-3	-7	-8	-21	2	-26
Net Proceeds from Shares ⓘ	1	0	1	0	0	0	0	0	0	0
Net Proceeds from Borrowing ⓘ	0	0	0	0	0	0	-2	-1	7	0
Interest Paid ⓘ	-11	-11	-9	-9	-9	-10	-10	-9	-9	-9
Dividend Paid ⓘ	0	0	0	0	0	0	0	0	0	0
Others ⓘ	0	-11	-2	0	6	3	5	-10	4	-17
Net Cash Flow ⓘ	-3	1	1	-5	0	1	1	7	1	4

Finance Ratio

Standalone Basis Consolidated Basis

PARTICULARS	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19	Mar'20	Mar'21	Mar'22	Mar'23
Ratios
ROE (%)	0.04	1.4	1.41	2.09	5.22	1.3	-2.76	4.39	4.56	5.89
ROCE (%)	8.2	8.57	7.97	8.45	8.56	9.23	7.28	10.41	11.16	13.18
Asset Turnover Ratio	1.46	1.67	1.61	1.74	1.47	1.73	1.79	1.6	1.81	1.87
PAT to CFO Conversion(x)	N/A	24	18	2	0.8	9	N/A	7.25	0	5
Working Capital Days
Receivable Days	40	38	35	31	50	48	50	63	51	46
Inventory Days	44	38	45	45	47	47	46	48	41	41
Payable Days	50	50	51	48	56	51	44	48	45	44

Vaswani Industries Ltd Stock News

Vaswani Industries Ltd FAQs

What is the share price of Vaswani Industries?

Company share prices are keep on changing according to the market conditions. The closing price of Vaswani Industries on 25-Apr-2024 16:01 is ₹37.44.

What is the market cap of Vaswani Industries?

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 25-Apr-2024 16:01 the market cap of Vaswani Industries stood at ₹112.3.

What is the P/E ratio of Vaswani Industries?

The latest P/E ratio of Vaswani Industries as of 25-Apr-2024 16:01 is 15.86.

What is the P/B ratio of Vaswani Industries?

The latest P/B ratio of Vaswani Industries as of 25-Apr-2024 16:01 is 1.01.

What is the 52-week high and low of Vaswani Industries?

The 52-week high of Vaswani Industries is ₹62.50 and the 52-week low is ₹19.00.

What is the TTM revenue of Vaswani Industries?

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vaswani Industries is ₹410.4 ( Cr.) .

About Vaswani Industries Ltd

Vaswani Industries Limited was incorporated on July 22, 2003 with the Registrar of Companies, having its registered office at Raipur, with an object to be a hall-mark of excellence in the steel-making scenario of India. The company started its tour by setting up Integrated Steel Plant (ISP) in phased manner comprising of Sponge Iron Plant, Power Plant and Induction Furnace Plant. It has been built on a strong foundation, brick by brick, which took ten years.

Presently, the company is manufacturing Coal-based Sponge Iron using 3 indigenously developed rotary kilns, with a capacity of 90000 M.T. (3 X 100 MT) along with a Waste Heat Recovery Boiler (WHRB) with a generation capacity of 11.5 MW Power & a Steel Ingot/Billet Plant of capacity 59400 MT. (2 X 9 MT).

In addition to all the above attractions the promoters are locally based and have excellent rapport with the District and state government authorities who are extending their full co-operation and assistance to encourage up-coming Industrial units in the state. Consequently, a group of young, energetic, enterprising Technocrats assisted by highly qualified and experienced Technical and Commercial Managers and staff have joined hands to form a company under the name and style of Vaswani Industries Limited, which is a Limited Company Incorporated with the Registrar of Companies.