Check Before You Invest : VSF Projects Ltd

Q: Which industry/sub-sector does VSF Projects Ltd belong to?

VSF Projects Ltd belongs to the Construction & Infrastructure sector, operating specifically within the Engineering - Construction segment.

Q: Is VSF Projects Ltd a good quality company?

VSF Projects Ltd is a quality company, based on a multi-year financial track record. This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q: Is VSF Projects Ltd undervalued or overvalued?

VSF Projects Ltd appears Overvalued, as its key valuation ratios are higher than their past averages. Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more. Valuation Ratios. Price to Earnings, Current: -, Historic Median: -. Price to Book, Current: 0.59, Historic Median: -0.85. Price to Sales, Current: -, Historic Median: 18.22. EV to EBITDA, Current: 498.44, Historic Median: 72.72

Q: Is VSF Projects Ltd a good buy now?

VSF Projects Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Q: Revenue growth of VSF Projects Ltd?

VSF Projects Ltd revenue growth is -86.5% for FY-2024, which is below its 5-year CAGR of -39.61%, indicating slower growth.

Q: Gross Profit margin of VSF Projects Ltd?

VSF Projects Ltd Gross profit margin which is the profit after deduction of direct costs, is -41.4% for FY-2024, which is below its 5-year median of 7.6%, indicating decreasing margins.

Q: Operating Profit Margin of VSF Projects Ltd?

VSF Projects Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is -48.09% for FY-2024, which is below its 5-year median of 7.69% indicating decreasing margins.

Q: Net Profit Margin of VSF Projects Ltd?

VSF Projects Ltd Net Profit Margin is 16066% for FY-2024, is above its 5-year median of 3.83%, indicating increasing margins. Profitability Metrics. Gross Profit Margin (%), Current: -41.4, Historic Median: 7.6. Operating Profit Margin (%), Current: -48.09, Historic Median: 7.69. Net Profit Margin (%), Current: 16066, Historic Median: 3.83

Q: Return on Asset of VSF Projects Ltd?

VSF Projects Ltd Return on Asset is 44.66%, which is above its 5-year historical median of 0.07%, indicating improved asset utilization efficiency.

Q: Cash conversion cycle of VSF Projects Ltd?

VSF Projects Ltd Cash conversion cycle is -36050 days, below its 5-year historical median of -5553 days, indicating improved working capital management. However, you need to compare this with its peers in the industry.

Check Before You Invest : VSF Projects Ltd

Snapshot

Q.1 Which industry/sub-sector does VSF Projects Ltd belong to?

VSF Projects Ltd belongs to the Construction & Infrastructure sector, operating specifically within the Engineering - Construction segment.

Q.2 Is VSF Projects Ltd a good quality company?

VSF Projects Ltd is a quality company, based on a multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

Q.3 Is VSF Projects Ltd undervalued or overvalued?

VSF Projects Ltd appears Overvalued, as its key valuation ratios are higher than their past averages.

Based on the industry it operates in, the relevant valuation ratios include one of the following, P/E, P/BV, P/Sales, EV/EBITDA or a combination of two or more.

Valuation Ratios	Current	5-year Historic Median
Price to Earnings	-	-
Price to Book	0.59	-0.85
Price to Sales	-	18.22
EV to EBITDA	498.44	72.72

Q.4 Is VSF Projects Ltd a good buy now?

VSF Projects Ltd is not a good buy now, based on weak price trend analysis suggesting prices may fall. However, you need to check its quality and valuation before making a decision

Performance Analysis

We have analysed the performance of the company on the following:

How has it performed on generating Profits?
By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.
How efficiently has it utilized Capital?
By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.
How is it managing its Debt?
By checking its Debt to Equity and Cash Flow from Operations.

A: What are the trends in revenue and profit margins?

Q.1 Revenue growth of VSF Projects Ltd?

VSF Projects Ltd revenue growth is -86.5% for FY-2024, which is below its 5-year CAGR of -39.61%, indicating slower growth.

Q.2 Gross Profit margin of VSF Projects Ltd?

VSF Projects Ltd Gross profit margin which is the profit after deduction of direct costs, is -41.4% for FY-2024, which is below its 5-year median of 7.6%, indicating decreasing margins.

Q.3 Operating Profit Margin of VSF Projects Ltd?

VSF Projects Ltd Operating Profit Margin which is the profit after deduction of all operating costs, is -48.09% for FY-2024, which is below its 5-year median of 7.69% indicating decreasing margins.

Q.4 Net Profit Margin of VSF Projects Ltd?

VSF Projects Ltd Net Profit Margin is 16066% for FY-2024, is above its 5-year median of 3.83%, indicating increasing margins.

	Current Level	5-year Historic Median
Gross Profit Margin (%)	-41.4	7.6
Operating Profit Margin (%)	-48.09	7.69
Net Profit Margin (%)	16066	3.83

B: Does the business utilize capital efficiently?

Q.5 Return on Asset of VSF Projects Ltd?

VSF Projects Ltd Return on Asset is 44.66%, which is above its 5-year historical median of 0.07%, indicating improved asset utilization efficiency.

Q.6 Cash conversion cycle of VSF Projects Ltd?

VSF Projects Ltd Cash conversion cycle is -36050 days, below its 5-year historical median of -5553 days, indicating improved working capital management. However, you need to compare this with its peers in the industry.

C: How much debt does the business have and is it at a sustainable level?

Q.7 Debt to Equity ratio of VSF Projects Ltd?

VSF Projects Ltd Debt-to-Equity ratio is -1.72, which is lower the industry average of 0.38, indicating lower debt levels in the industry.

Q.8 Debt to cash flow from operations of VSF Projects Ltd?

VSF Projects Ltd Debt to cash flow from operations is -8.01, which is at a unhealthy level.

Ownership & governance

D: Promoter shareholding and pledge status of VSF Projects Ltd?

Q.1 Promoter shareholding and pledge status of VSF Projects Ltd?

Promoters hold 43.65% of the VSF Projects Ltd, with 0.00% of their stake pledged, indicating no pledge risk.

Peer comparison (industry-wise, mcap)

E: How does VSF Projects Ltd performance compare with that of its Peers?

Q.1 Revenue growth of VSF Projects Ltd vs industry peers?

VSF Projects Ltd revenue CAGR is -39.61%, compared to the industry median CAGR of 0.00%, indicating slower growth and losing its market share.

Profit Metrics

	Current Level	5-year Industry Median
Revenue Growth (%)	-86.5	0
Gross Profit Growth (%)	-175	16.3
Operating Profit Growth (%)	-200	13.9
Net Profit Growth (%)	3,53,400	20.1

Operating Efficiency

	Current Level	5-year Industry Median
Asset Turnover (x)	-	0.62
ROE (%)	-	6.32
ROCE (%)	-	10.58
Cash Conversion Cycle (days)	-36050.19	51

Valuation & price assessment

Q.1 Stock return of VSF Projects Ltd over the last decade?

Over the last 9 year(s), the stock has delivered a CAGR of 16.8% based on the current price.

	9Y	5Y	3Y	1Y
Share Price CAGR	16.8%	47.2%	-3.6%	-26.6%

Q.2 Valuation ratios of VSF Projects Ltd vs historical?

The current P/E ratio of 0 is in line with than its historical median of , indicating that the stock is trading near its historical average valuation.

Q.3 How do the current valuation ratios compare with 5-year historical median and industry numbers?

Valuation Ratios	Current	5-year Historic Median	5-year Industry Median
Price to Earnings	-	-	21.52
Price to Book	0.59	-0.85	1.74
Price to Sales	-	18.22	1.51
EV to EBITDA	498.44	72.72	11.49

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Check Before You Invest : VSF Projects Ltd

Snapshot

Performance Analysis

Ownership & governance

Peer comparison (industry-wise, mcap)

Profit Metrics

Operating Efficiency

Valuation & price assessment

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Check trending companies

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