Vinyas Innovative Technologies Ltd - Stock Valuation and Financial Performance

BSE: 0 | NSE: VINYAS | Electronics - Components | Small Cap

BSE Share Price
Not Listed

DeciZen - make an informed investing decision on Vinyas Innova Techno

Overall Rating
Bole Toh

1. Quality

2. Valuation

Undervalued

3. Price Trend

Vinyas Innovative Technologies stock performance -

mw4me loader
P/E Ratio (SA):
113.36
Market Cap:
832.5 Cr.
52-wk low:
0
52-wk high:
0

Is Vinyas Innovative Technologies Ltd an attractive stock to invest in?

1. Is Vinyas Innovative Technologies Ltd a good quality company?

Past 10 year’s financial track record analysis by Moneyworks4me indicates that Vinyas Innovative Technologies Ltd is a below average quality company.

2. Is Vinyas Innovative Technologies Ltd undervalued or overvalued?

The key valuation ratios of Vinyas Innovative Technologies Ltd's currently when compared to its past seem to suggest it is in the Overvalued zone.

3. Is Vinyas Innovative Technologies Ltd a good buy now?

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

10 Year X-Ray of Vinyas Innova Techno:

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.
Vinyas Innovative Technologies Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good

Value Creation

Value Creation Index Colour Code Guide

Mar'21Mar'22Mar'23TTM
ROCE % 4.6%5.3%11.4%-
Value Creation
Index
-0.7-0.6-0.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 205208235235
Sales YoY Gr.-1.3%12.9%-
Adj EPS -0.4-27.75.8
YoY Gr.-NANA-
BVPS (₹) 414251.597.7
Adj Net
Profit
-0.3-1.55.87
Cash Flow from Ops. -24.711.816.8-
Debt/CF from Ops. -3.88.15.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA12.9%
Adj EPS NANANANA
BVPSNANANA22.5%
Share Price - - - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'21Mar'22Mar'23TTM
Return on
Equity %
-1-4.7157.8
Op. Profit
Mgn %
5.25.98.9NAN
Net Profit
Mgn %
-0.2-0.72.53.1
Debt to
Equity
3.132.2-
Working Cap
Days
03183060
Cash Conv.
Cycle
01681420

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 7.80%

Debt to equity has declined versus last 3 years average to 2.22

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Vinyas Innovative Technologies Ltd.

Standalone Consolidated
TTM EPS (₹) 5.8 -
TTM Sales (₹ Cr.) 235 -
BVPS (₹.) 97.7 -
Reserves (₹ Cr.) 110 -
P/BV 6.77 -
PE 113.36 -
From the Market
52 Week Low / High (₹) 0.00 / 0.00
All Time Low / High (₹) - / -
Market Cap (₹ Cr.) 832
Equity (₹ Cr.) 12.6
Face Value (₹) 10
Industry PE 89.6

Management X-Ray of Vinyas Innova Techno:

Shareholding Pattern

No Data To Display

Promoter's Holding & Share Pledging

Event Update

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Vinyas Innova Techno

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23
Sales205208235
Operating Expenses 194195214
Manufacturing Costs2688
Material Costs150167185
Employee Cost 121415
Other Costs 676
Operating Profit 111221
Operating Profit Margin (%) 5.2%5.9%8.9%
Other Income 344
Interest 91213
Depreciation 332
Exceptional Items 000
Profit Before Tax 2310
Tax 023
Profit After Tax 117
PAT Margin (%) 0.6%0.5%3.1%
Adjusted EPS (₹)1.71.49.8
Dividend Payout Ratio (%)0%0%1%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 313139
Share Capital 444
Reserves 272835
Minority Interest000
Debt939283
Long Term Debt122219
Short Term Debt817164
Trade Payables386044
Others Liabilities 223850
Total Liabilities 184221215

Fixed Assets

Gross Block444545
Accumulated Depreciation283032
Net Fixed Assets171513
CWIP 003
Investments 000
Inventories98113107
Trade Receivables295721
Cash Equivalents 574
Others Assets352967
Total Assets 184221215

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'21Mar'22Mar'23
Cash Flow From Operating Activity -251217
PBT 2310
Adjustment 111515
Changes in Working Capital -37-3-5
Tax Paid -1-2-3
Cash Flow From Investing Activity -2-1-3
Capex -2-1-4
Net Investments 000
Others 000
Cash Flow From Financing Activity 26-9-16
Net Proceeds from Shares 007
Net Proceeds from Borrowing 1010-3
Interest Paid -9-11-13
Dividend Paid 000
Others 24-8-7
Net Cash Flow -12-2
PARTICULARSMar'21Mar'22Mar'23
Ratios
ROE (%)4.013.2520.99
ROCE (%)8.3711.2117.73
Asset Turnover Ratio1.111.031.08
PAT to CFO Conversion(x)-25122.43
Working Capital Days
Receivable Days527661
Inventory Days174185171
Payable Days93107102

Vinyas Innovative Technologies Ltd Stock News

Vinyas Innovative Technologies Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vinyas Innova Techno on 01-Jan-1970 05:30 is ₹0.00.
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 01-Jan-1970 05:30 the market cap of Vinyas Innova Techno stood at ₹832.5.
The latest P/E ratio of Vinyas Innova Techno as of 01-Jan-1970 05:30 is 113.4.
The latest P/B ratio of Vinyas Innova Techno as of 01-Jan-1970 05:30 is 6.77.
The 52-week high of Vinyas Innova Techno is ₹0.00 and the 52-week low is ₹0.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vinyas Innova Techno is ₹234.5 ( Cr.) .

About Vinyas Innovative Technologies Ltd

Vinyas Innovative Technologies was incorporated on April 27, 2001 as a private limited company under the provisions of Companies Act, 1956 with the Registrar of Companies, Bangalore in the name and style of ‘Vinyas Innovative Technologies Private Limited’. Subsequently, the company was converted into public limited company pursuant to which the name of the company was changed to ‘Vinyas Innovative Technologies Limited’ vide shareholder’s approval on January 23, 2023 and fresh certificate of incorporation dated June 14, 2023. 

Vinyas Innovative Technologies is a provider of design, engineering and electronics manufacturing services catering to global Original Equipment Manufacturers and Original Design Manufacturers in Electronic Industry. As an integrated electronic manufacturing services provider, the company offers a broad range of products and services across multiple industry segments. With wide industry knowledge, cutting-edge technologies & state-of-the-art infrastructure, Vinyas supports its Global partners from conceptualizing the design, engineering, manufacturing to turnkey requirements for mission-critical applications.

It leverages the design capabilities of with over three decades of domain expertise providing engineering and design solutions globally with a focus on multiple industries. Its Electronic Manufacturing Services are provided as Build to Print (B2P) and Build to Specification (B2S) services to its clients. Its B2P solutions involve its client providing the design for the product for which it provides agile and flexible manufacturing services. Its B2S services involve utilising its design capabilities to design the relevant product based on the specifications provided by the client and manufacturing the product. Its solutions primarily comprise: (i) printed circuit board (PCB) assembly (PCBA), and (ii) box builds which are used in safety critical systems such as cockpits, inflight systems, landing systems and medical diagnostic equipment.

Business area of the company 

The company is engaged in providing design, engineering and electronics manufacturing services in the Defence and Aerospace, Medical, Consumer, Automotive, Telecommunication and Industrial domain.

History and milestones 

  • 2001: Incorporated as Vinyas Innovative Technologies Private Limited, a Company with setup of Semi-auto SMT Lines.
  • 2003: Bagged the first Export order.
  • 2004: Partnered with Indian Defence Companies for Electronics Manufacturing Requirements.
  • 2006: Started highly advance Export Oriented Unit (EOU) and got certified for ISO 9001 quality standard.
  • 2009: Initiated and successfully executed export of Defence Products
  • 2011: Become part of Indian Defence offset program.
  • 2012: Gained AS 9100-C and TS 16949 quality certificates and manufacturing 10k energy meters per day, showcasing high volume production capability.
  • 2014: Inaugurated state-of-the-art manufacturing facility with 1,50,000 sq. ft. area and also got certified for ISO 13485 standard.
  • 2016: Obtained Defence’s License from Government of India.
  • 2018: Manufactured India’s first Dialysis machine.
  • 2020: Efficiently adapted to COVID time by producing Ventilator machines & syringe pumps, in turn supporting the Government in medical emergency.
  • 2021: Adapted to the pandemic crisis and continued to work for medical emergency by designing & manufacturing Oxygen concentrators in collaboration with IISC & Nitiayog.
  • 2023: Conversion into a Public Limited Company.

Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.