Visagar Polytex Ltd Stock Analysis

BSE: 506146 | NSE: VIVIDHA | Textile | Small Cap

BSE Share Price 02-Dec-2022 18:01
1.23 0.04 (3.36%)

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Visagar Polytex Price Chart

P/E Ratio (SA) :
0.00
Market Cap :
36 Cr.
52-wk low :
1
52-wk high :
3.4
Bole Toh?

1. Is Visagar Polytex Ltd a good quality company?

Data is not available for this company.

2. Is Visagar Polytex Ltd undervalued or overvalued?

The key valuation ratios of Visagar Polytex Ltd's currently when compared to its past seem to suggest it is in the Undervalued zone.

3. Is Visagar Polytex Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Visagar Polytex Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

10 Year X-Ray of Visagar Polytex:

Analysis of Financial Track Record

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

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

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.

Value Creation

Value Creation Index Colour Code Guide

Jun'13Jun'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
ROCE % 5.5%5.6%6.8%2.2%6.2%6%2.5%-38.2%0.5%-0.4%-
Value Creation Index -0.6-0.6-0.5-0.8-0.6-0.6-0.8-3.7-1.0-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 62.870.681.210381.282.353.810.24.83.62
YoY Gr. Rt. %-12.5%15.1%27%-21.4%1.4%-34.6%-81.1%-52.7%-26%-
Adj EPS 000.100.10.10-0.50-0-0
YoY Gr. Rt. %-0%125%-88.9%500%0%-83.3%-5000%NANA-
BVPS (₹) 111.41.41.11.11.10.70.70.60.6
Adj Net Profit 0.912.30.11.41.40.2-14.40-0.6-1
Cash Flow from Ops. 0.71.40.13.20.2-1.2-3.7-0.1-0.10.2-
Debt/CF from Ops. 156.4102.93.864.1-9.6-2.7-74.7-15643.9-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -27.3%-46.5%-59.6%-26%
Adj EPS -192.6%-180.3%-226%NA
BVPS -4.5-10.2-17.9-3.1
Share Price -22.1% -3.2% 80.3% 12.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Jun'13Jun'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22TTM
Return on Equity % 4.14.36.90.45.350.5-52.80.2-2.9-3.2
Op. Profit Mgn % 5.24.472.94.954.3-132.111.521.832.4
Net Profit Mgn % 1.51.42.80.11.71.70.3-1420.9-16.1-29.6
Debt to Equity 0.40.40.40.50.40.40.30.50.50.40.4
Working Cap Days 2092323181601782293761,4442,2002,7935,248
Cash Conv. Cycle 1391411721061301342299291,7912,3385,034

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -59.56%

Sales growth is not so good in last 4 quarters at -51.64%

Latest Financials - Visagar Polytex Ltd.

Standalone Consolidated
TTM EPS (₹) -0 -
TTM Sales (₹ Cr.) 2 -
BVPS (₹.) 0.6 -
Reserves (₹ Cr.) -11 -
P/BV 2.01 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 1.00 / 3.44
All Time Low / High (₹) 0.01 / 109.50
Market Cap (₹ Cr.) 36
Equity (₹ Cr.) 29.3
Face Value (₹) 1
Industry PE 24.2

Management X-Ray of Visagar Polytex :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *18.7718.7718.7718.7718.7783.6983.6983.6983.6983.69
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Visagar Polytex

Adj EPS (Rs.)
Sales (Cr.)
ROE (%)
ROCE (%)

News

Visagar Polytex Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Visagar Polytex on 02-Dec-2022 18:01 is : 1.23.
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 02-Dec-2022 18:01 the market cap of Visagar Polytex stood at ₹ 36.00.
The latest PE ratio of Visagar Polytex as of 02-Dec-2022 18:01 is 0.00.
The latest PB ratio of Visagar Polytex as of 02-Dec-2022 18:01 is 2.01
The 52-week high of Visagar Polytex is ₹ 3.44 and the 52-week low is ₹ 1.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue / sales of Visagar Polytex is ₹ 1.98 ( Cr.) .

About Visagar Polytex Ltd

Visagar Polytex Limited (VPL) was incorporated as ‘Barasia Holding & Trading Co. Limited’ on June 16, 1983 under the Companies Act, 1956. The name of the company was changed to ‘Visagar Polytex Limited’ and a fresh Certificate of Incorporation consequent to change in name was obtained on November 27, 2006. VPL is a professionally running company, promoted by dynamic entrepreneurs, who have total commitment to quality, transparent practices and vision of providing the best quality products to its ever growing list of clientele. Over the years, it has emerged as a leading name in the manufacturing of exquisite range of Sarees.

VPL has, as its main objects, to carry on in India or elsewhere the business of manufacturing, processing, producing, washing, dyeing, ginning, pressing, spinning, weaving, crimping, texturing, carding, bleaching, combing, doubling, finishing, calendaring, sizing, coloring, printing, mercerizing, reeling, winding, embroidering, blending, sorting, garneting, stretching, drying, drawing, cutting, improving, buying, selling, reselling, importing, exporting, transporting, warehousing, developing, marketing, supplying and to act as broker, trader, agent, C&F agent, distributor, representative, consultants, collaborator, adatia, stockiest, liasioner, job worker, export house or otherwise to deal in all types of textile goods, dress materials, fabrics, cloths, yarns, Partially Oriented Yarns (POY), denim, suiting, shirting, Sarees and other similar items made on power loom, handloom or mill by man made or natural material.

VPL made its maiden public issue of 2,47,930 equity shares of Rs. 10 each at par in November 1983 and the shares were listed at the Bombay Stock Exchange, Mumbai. VPL made a further Issue of 4,96,000 equity shares of Rs. 10 each at par in the month of May 2008 by way of rights issue to the shareholders of the company in the ratio of 2 (two) equity shares for every 1 (One) equity share held as on the Record Date i.e. April22, 2008. The total amount raised by way of the Rights Issue was Rs. 49,60,000.

The proceeds of the issue were used for long-term working capital requirements of the company. As the textile operations of the company started gaining momentum, the management decided to have a brand name for marketing the products of the company.

The company has started marketing of Sarees in the name of “Vividha” at UTI Building 4A, Chetan Seth Street, 4th Floor, Kolkata. The brand “Vividha” is copyright and registered in the name of Visagar Polytex Limited. Vividha aims at creating a blend of latest trends in fashion and best quality fabrics at the most reasonable prices.

Innovation and Quality are the prime words at Vividha. Despite cutthroat competition in textiles industry, the company has never ever compromised on quality and followed its tread marks on the path of success. The company is very strict in matters of quality control that ensures emergence of the best quality products to its customers. Vividha aims at creating 'one of its kind' offbeat concepts in sarees in plains, prints as well as value added categories and distributing them through selected outlets spread across India. With the same goal in mind, Vividha has its business spread throughout the country.

Business area of the company:

The company has a diverse product portfolio consisting of Plain Sarees, Printed Sarees, Embroidered Sarees, Heavy / Zari Sarees, Wedding Sarees, Designer / Value Added Sarees and Ghaghara / Lehanga and Chunni sets.

It manufactures and outsources sarees in Kolkata through local job workers and sell to wholesalers and retailers through our existing showrooms across different cities. Apart from Sarees, Ghaghra & Chunni sets we also manufacture twills i.e. interlining materials for travel bags, suitcases, ladies purse, wallets etc. at Surat (Gujarat) on contract manufacturing basis. Also, it trade gray cotton fabrics sourced from local power looms at Bhiwandi (Maharashtra).

The company enjoys tremendous respect and goodwill amongst its customers. Currently, it is supplying its products mostly to Kolkata, Mumbai, Sura and across Rajasthan. However, it also supplies its products to other whole sellers and retailers across the states of India.

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