Vivid Global Industries Ltd - Stock Valuation and Financial Performance

BSE: 524576 | NSE: | Chemicals | Small Cap

Vivid Global Inds Share Price

18.44 0.60 3.36%
as on 12-Apr'24 16:59

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Vivid Global Industries stock performance -

mw4me loader
P/E Ratio (SA):
135.76
Market Cap:
16.8 Cr.
52-wk low:
15.9
52-wk high:
28.5

Is Vivid Global Industries Ltd an attractive stock to invest in?

1. Is Vivid Global Industries Ltd a good quality company?

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

2. Is Vivid Global Industries Ltd undervalued or overvalued?

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

3. Is Vivid Global Industries Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Vivid Global Industries 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 Vivid Global Inds:

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.
Vivid Global Industries Ltd has performed well in majority of the past ten years indicating its past ten year financial track record is very good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 21.8%19.2%20.5%27.4%33.3%32.2%13.9%12.3%10.2%0.6%-
Value Creation
Index
0.60.40.51.01.41.30.0-0.1-0.3-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 27.527.526.63648.161.258.648.346.336.234
Sales YoY Gr.-0.1%-3.2%35.3%33.6%27.3%-4.4%-17.6%-4.1%-21.8%-
Adj EPS 111.11.82.93.61.41.61.6-0.20.1
YoY Gr.-2%7%69.2%57.5%27%-60.8%14.1%-4.3%-113.6%-
BVPS (₹) 3.13.74.55.88.211.312.313.915.21515.1
Adj Net
Profit
0.90.911.72.63.31.31.51.4-0.20
Cash Flow from Ops. 2.2-0.43.53.72.12.631.3-3.42.1-
Debt/CF from Ops. 1-4.90.40.510.70.51.5-1.21.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 3.1%-5.5%-14.8%-21.8%
Adj EPS -184.3%-159.4%-152.9%-113.6%
BVPS19.3%12.9%7%-1.4%
Share Price 17.9% -13.9% 2.6% -15.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
25.722.120.828.935.133.41111.59.9-1.30.9
Op. Profit
Mgn %
5.76.26.87.69.89.165.45.91.72.5
Net Profit
Mgn %
3.23.23.74.65.45.42.23.13.1-0.50.4
Debt to
Equity
0.80.60.30.30.30.20.20.20.30.2-
Working Cap
Days
130144135100111114117150171205143
Cash Conv.
Cycle
1270-708128497356

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 0.90%

Sales growth has been subdued in last 3 years -14.82%

Net Profit has been subdued in last 3 years -152.88%

Sales growth is not so good in last 4 quarters at -11.36%

Latest Financials - Vivid Global Industries Ltd.

Standalone Consolidated
TTM EPS (₹) 0.1 -
TTM Sales (₹ Cr.) 33.6 -
BVPS (₹.) 15.1 -
Reserves (₹ Cr.) 9 -
P/BV 1.22 -
PE 135.76 -
From the Market
52 Week Low / High (₹) 15.90 / 28.49
All Time Low / High (₹) 0.22 / 70.00
Market Cap (₹ Cr.) 16.8
Equity (₹ Cr.) 4.6
Face Value (₹) 5
Industry PE 49.3

Management X-Ray of Vivid Global Inds:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Vivid Global Inds

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales27.4727.5026.6236.0148.0961.2458.5748.2746.2836.20
Operating Expenses 25.9925.8324.8033.2643.3655.6755.0545.6643.5435.57
Manufacturing Costs0.881.551.353.023.223.233.194.214.592.75
Material Costs23.6922.2721.5227.1436.0747.1445.8935.5932.5627.77
Employee Cost 0.200.270.540.961.541.711.441.561.981.77
Other Costs 1.221.751.392.142.533.584.524.294.413.28
Operating Profit 1.471.671.822.754.735.573.532.612.740.63
Operating Profit Margin (%) 5.4%6.1%6.8%7.6%9.8%9.1%6.0%5.4%5.9%1.7%
Other Income 0.070.030.270.480.350.430.220.790.400.55
Interest 0.410.420.470.450.700.730.840.450.500.43
Depreciation 0.060.100.130.360.480.560.710.730.750.78
Exceptional Items -0.0300-0.0100-0.61000
Profit Before Tax 1.041.181.492.413.894.701.592.221.89-0.03
Tax 0.260.320.510.601.191.300.720.730.470.16
Profit After Tax 0.780.860.981.812.703.390.871.481.42-0.19
PAT Margin (%) 2.8%3.1%3.7%5.0%5.6%5.5%1.5%3.1%3.1%-0.5%
Adjusted EPS (₹)0.91.01.12.03.03.71.01.61.6-0.2
Dividend Payout Ratio (%)28%26%36%25%17%7%26%12%0%0%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 3.724.315.086.338.4811.3212.1913.6714.9014.72
Share Capital 4.444.444.564.564.564.564.564.564.564.56
Reserves -0.72-0.120.511.763.916.767.629.1110.3410.15
Minority Interest0000000000
Debt2.162.081.241.702.011.861.631.883.972.21
Long Term Debt1.220.960.100.430.370.200.110.030.060.09
Short Term Debt0.941.121.141.271.641.661.521.853.912.12
Trade Payables9.506.987.349.0413.8911.8014.0816.6610.4110.14
Others Liabilities 0.880.971.352.223.654.791.341.861.490.81
Total Liabilities 16.2614.351519.2928.0329.7829.2534.0830.7727.88

Fixed Assets

Gross Block5.836.248.3810.7911.5112.5913.0313.2413.7513.95
Accumulated Depreciation4.104.204.334.695.185.586.297.027.788.56
Net Fixed Assets1.732.044.056.096.337.016.746.225.975.39
CWIP 0000000000
Investments 000.040.040.040.040.040.040.040.04
Inventories6.696.273.443.666.856.988.967.3310.7411.34
Trade Receivables3.682.684.674.908.878.636.7512.708.806.63
Cash Equivalents 3.251.841.642.613.073.124.665.853.483.03
Others Assets0.911.521.171.992.863.992.101.941.751.45
Total Assets 16.2614.351519.2928.0329.7829.2534.0830.7727.88

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 2.24-0.433.523.712.092.633.041.26-3.362.10
PBT 0.520.601.492.413.894.701.592.221.89-0.03
Adjustment 0.720.540.61-0.15-0.011.101.550.651.161.09
Changes in Working Capital 1-1.561.941.45-1.79-1.940.49-0.77-5.791.1
Tax Paid 00-0.5100-1.24-0.59-0.65-0.62-0.06
Cash Flow From Investing Activity -0.62-0.50-2.24-2.42-0.86-1.23-0.44-0.21-0.50-0.20
Capex -0.59-0.41-2.13-2.41-0.72-1.23-0.44-0.21-0.50-0.20
Net Investments 00-0.040000000
Others -0.03-0.09-0.07-0.01-0.1400000
Cash Flow From Financing Activity 0.19-0.49-1.48-0.31-0.78-1.34-1.060.151.49-2.35
Net Proceeds from Shares 0.1500.200000000
Net Proceeds from Borrowing 0.62-0.25-0.860.33-0.0600000
Interest Paid -0.41-0.42-0.42-0.22-0.55-0.61-0.840.09-0.41-0.31
Dividend Paid 00-0.41-0.56-0.55-0.55-0.28000
Others -0.160.180.020.130.38-0.180.050.061.90-2.04
Net Cash Flow 1.81-1.41-0.200.980.450.051.531.20-2.37-0.45
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)32.7128.6326.4138.3942.1638.128.0512.4310.65-1.36
ROCE (%)33.7331.1336.5246.3655.5350.0819.419.5114.72.37
Asset Turnover Ratio2.021.81.812.12.032.121.981.521.431.23
PAT to CFO Conversion(x)2.87-0.53.592.050.770.783.490.85-2.37N/A
Working Capital Days
Receivable Days32425048525248748578
Inventory Days888667364041506271111
Payable Days12013512111011699103158152135

Vivid Global Industries Ltd Stock News

Vivid Global Industries Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vivid Global Inds on 12-Apr-2024 16:59 is ₹18.44.
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 12-Apr-2024 16:59 the market cap of Vivid Global Inds stood at ₹16.83.
The latest P/E ratio of Vivid Global Inds as of 12-Apr-2024 16:59 is 135.8.
The latest P/B ratio of Vivid Global Inds as of 12-Apr-2024 16:59 is 1.22.
The 52-week high of Vivid Global Inds is ₹28.49 and the 52-week low is ₹15.90.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vivid Global Inds is ₹33.63 ( Cr.) .

About Vivid Global Industries Ltd

Vivid Global Industries is the flagship company of the Vivid Group of Industries and is a public limited company, which got incorporated in the year 1985. The group was promoted by Sudhir M Mody, a chemical engineer from USA who has dedicated more than 36 years in the field of dyes and dye intermediates.

Vivid Global Industries has its manufacturing units situated at Tarapur (Maharashtra) and Vapi (Gujarat) in India. It is one of the largest manufacturers of dye intermediates such as Phenyl J (PHJ) Acid, N. Methyl J (NMJ) Acid, Rhoduline (DIJ) Acid, Meta Xylidine Ortho Sulfonic (MXOSA) Acid, 2-Pyridone 3-Sulfomethyl 4-Methyl 5-Carboxyl 6-Hydroxy N-Ethyl-2-Pyridone (SM2P) and also a wide range of Reactive, Acid and direct dye intermediates.

The company is actively involved in import of J Acid from China, which is the raw material to manufacture NMJ, PHJ, DIJ and various other J Acid derivatives to meet the demand of local and export markets.

The company caters to a wide range of internationally well-known clients such as Sumitomo, BASF, Clariant and many more. The company's exports are mainly to Thailand, Spain, Brazil, Bangladesh, Switzerland and various other countries.

Products offered by the Company:

Following are the products offered by the company:-

  • J-Acid
  • Benzoyl J-Acid.
  •  Sulpho J-Acid.
  • N-Methyl J-Acid.
  • N-Phenyl J-Acid.
  • N-Acetyl J-Acid.
  • (R.W.Acid), Di J-Acid
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