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Vardhman Concrete Ltd. Stock Analysis

Small Cap
Evaluated by 18 users | BSE: 531444 | NSE: |
Engineering - Construction
Vardhman Concrete, earlier known as Stresscrete India is promoted by Arvind B Shah with the object of manufacturing precast prestressed concrete products and for executing engineering contracts  e.g. construction of bridges, etc. The company was incorporated on October 23, 1982 as...

Analysis of Financial Track Record

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
 Jun'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Capital Employed -26.31%-13.77%-0.48%-8.76%24.35%-2.07%-4.17%22.98%-3.63%2.12%
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 9.784.10.54.20.202.520.4
Y-o-Y Gr. Rt.--17.3%-49.3%-87.8%736%-96.2%-100%NA-20%-82.5%
Adjusted EPS (Rs.) -3.83-4.29-1.12-1.983.05-0.52-0.772.55-0.58-0.03
Y-o-Y Gr. Rt.-NANANANA-117.1%NANA-122.8%NA
Book Value per Share (Rs.) -8.07-14.57-12.05-13.12-10.81-11.33-12.1-9.54-10.12-10.15
Adjusted Net Profit -2.7-3.1-0.8-1.42.2-0.4-0.61.8-0.40
Net Op. Cash Flow (Rs. Cr.) -1-4.70.1-0.23.80-0.21.81.80.2
Debt to Cash Flow from Ops -16.4-5.9185.6-130.894.46-571.51-71.288.567.7755.25
Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.
Vardhman Concrete Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales -30.9%-39.1%NA-82.5%
Adjusted EPS NA-139.7%NANA
Book Value per Share 0000
Share Price -20% -20.3% -18.8% -19.3%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Jun'10Mar'11Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19
Return on Equity (%) 68.0335.1610.0216.14-26.084.816.68-24.096.030.28
Operating Profit Margin (%) -26.07-22.527.88-194.5962.77-113.47082.95-11.6853.12
Net Profit Margin (%) -28.22-38.18-19.59-282.8752.23-226.62073.09-20.73-5.66
Debt to Equity -2.81-2.72-2.35-2.21-2.21-2.14-2.05-2.28-1.92-1.9
Working Capital Days 4147531,1318,85296223,03501,5131,5566,853
Cash Conversion Cycle 2053675655,27934711,8010-2,470-2,130-285
Entity Percentage Holding
Promoters 100.00%
Pledged *5.495.495.495.495.495.495.495.495.4910.47
* Pledged shares as % of Promoter's holding (%)
Data is not available for this company.

The 5-year analysis of Vardhman Concrete Ltd.'s performance infers:

Vardhman Concrete Ltd. earnings have declined by -139.7%, whereas share price has depreciated -20.3% CAGR over the past five years, indicating the company's share price is likely overvalued. However, for specific investment actions please connect with your investment advisor.

We analysed the performance of Vardhman Concrete Ltd. share prices over the last 10 years. Here is what we found out:

Vardhman Concrete Ltd. share price has depreciated -18.2% annually over the past ten years.

Vardhman Concrete, earlier known as Stresscrete India is promoted by Arvind B Shah with the object of manufacturing precast prestressed concrete products and for executing engineering contracts  e.g. construction of bridges, etc. The company was incorporated on October 23, 1982 as Stresscrete India.  On October 17, 1994 the company was converted into a public limited company and accordingly the name was changed to Stresscrete India Limited.

The company has carried out works

Vardhman Concrete, earlier known as Stresscrete India is promoted by Arvind B Shah with the object of manufacturing precast prestressed concrete products and for executing engineering contracts  e.g. construction of bridges, etc. The company was incorporated on October 23, 1982 as Stresscrete India.  On October 17, 1994 the company was converted into a public limited company and accordingly the name was changed to Stresscrete India Limited.

The company has carried out works of complicated and challenging structures  mainly in pre-cast prestressed concrete such as the Matunga  and Goregaon flyover bridges over the railway line, housing  complex of G+7 storied building at Oshiwara for MHADA, Khar, electrical-mechanical shed, silos for Digvijay Cement, etc.

At present, the company is constructing a housing colony for Sardar Sarovar Narmada Nigam Limited.  During 1994, Kanu Patel has joined the company to promote the proposed project.

In 2010 the Company changed its name from Stresscrete India Ltd. to Vardhman Concrete Ltd.

In 2011 -Vardhman Concrete Ltd won Hum Log Award -2011
-Vardhman Concrete Ltd won Hira Mankek Award -2011 for outstanding contribution towards construction industry"

Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

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