Live Webinar on "How to Invest successfully to reach goals without losing sleep" Sign up for Live Webinar
investing succesffuly to reach your goals investing succesffuly to reach your goals
X

Venky'S (India) Ltd Stock Analysis

Small Cap
Evaluated by 1506 users | BSE: 523261 | NSE: VENKEYS |
Agriculture
Venky’s (India) Limited, formerly known as Western Hatcheries Limited and a VH Group company, was established in 1976, mainly to produce day-old layer and broiler chicks for the dense poultry markets of North India. Over the years, Venky's (India) Limited embarked upon new ventures in...

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.
Venky'S (India) Ltd has not performed well majority of the past ten years indicating its past ten year financial track record is not good
Value Creation
 Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Capital Employed 10.28%6.88%6.75%6.38%8.56%15.92%21.99%17.75%-0.54%23.68%-
Growth Parameters
Growth Parameters Colour Code Guide
Net Sales (Rs. Cr.) 9901,4261,7361,7312,1272,4762,6863,0433,2613,1173,660
Y-o-Y Gr. Rt.-44%21.7%-0.3%22.9%16.4%8.5%13.3%7.2%-4.4%-
Adjusted EPS (Rs.) 25.0916.8618.2511.327.3988.33142.82124.19-19.04189.68195.82
Y-o-Y Gr. Rt.--32.8%8.2%-38.1%142.4%222.5%61.7%-13%-115.3%NA-
Book Value per Share (Rs.) 224.16239.51261.08263.66297.41376.96511.92625.73593.62783.98823.09
Adjusted Net Profit 35.323.825.715.938.6124201175-26.8267276
Net Op. Cash Flow (Rs. Cr.) 1.17.9-55.759.278.221125615958.2242-
Debt to Cash Flow from Ops 17839.9-11.2312.879.542.581.371.685.20.75-
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.
Venky'S (India) Ltd. should be analysed on a Standalone basis
CAGR
CAGR Colour Code Guide
  9 yrs 5 yrs 3 yrs 1 yr
Net Sales 13.6%7.9%5.1%-4.4%
Adjusted EPS 25.2%47.3%9.9%NA
Book Value per Share 14.921.415.332.1
Share Price 26% 41.9% 5.8% 119.4%
Key Financial Parameter
Performance Ratio Colour Code Guide
 Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity (%) 11.987.277.294.319.7626.232.1321.83-3.1227.5424.37
Operating Profit Margin (%) 6.894.223.885.766.4811.2214.4510.17-0.6112.4810.82
Net Profit Margin (%) 3.571.661.480.921.815.037.495.75-0.828.577.54
Debt to Equity 0.610.931.72.051.781.030.490.30.360.16-
Working Capital Days 8580941281291121019792101-
Cash Conversion Cycle 49383948444233242120-
Loading price chart...
Entity Percentage Holding
Promoters 56.11%
Institutions 1.15%
Non-Institutions 42.74%
Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)
Past 10 year’s financial track record indicates that that Venky'S (India) Ltd is a below average quality company.

Venky'S (India) Ltd's earnings have grown by 47.3%, whereas share price has appreciated 41.9% CAGR over the past five years, indicating the company’s share price is likely undervalued. However, for specific investment actions please consult your investment advisor.

Venky'S (India) Ltd share price has appreciated 27% annually (CAGR) over the past ten years.

Past 10 years financial track record analysis by Moneyworks4me indicates that Venky'S (India) Ltd is a below average long term investment. However, you need to ensure you buy at a right price to earn good returns.

Venky’s (India) Limited, formerly known as Western Hatcheries Limited and a VH Group company, was established in 1976, mainly to produce day-old layer and broiler chicks for the dense poultry markets of North India.

Over the years, Venky's (India) Limited embarked upon new ventures in regular succession, adding tremendous value to the company, giving it an edge in technology and high returns on investment. The company has steadily grown to over 30 units spread across India.

Venky’s (India) Limited, formerly known as Western Hatcheries Limited and a VH Group company, was established in 1976, mainly to produce day-old layer and broiler chicks for the dense poultry markets of North India.

Over the years, Venky's (India) Limited embarked upon new ventures in regular succession, adding tremendous value to the company, giving it an edge in technology and high returns on investment. The company has steadily grown to over 30 units spread across India.

Today, Venky's impressive portfolio includes animal health products, pellet feeds, processed and further processed chicken products, solvent oil extraction, and SPF eggs. The company's Specific Pathogen Free Egg unit (in technical collaboration with SPAFAS Inc. USA) is among four such units in the world and the only one of its kind in the developing world.

Diversifying from mainstream poultry products, Venkys (India) Limited has added to its credit, manufacturing facilities for nutritional health products for humans, and pet food and health care products. The company has steadily grown to over 30 units spread across India.

The Forbes business magazine of USA ranked Venky's (India) Limited as 67th among the 100 best global small companies in the year 1999-2000.

Product range of the company includes:

  • Vencobb Broiler and Broiler Breeder
  • BV-300 Layer and Layer Breeder
  • Animal Health Products
  • Poultry Vaccines
  • SPF Eggs
  • Incubation Systems
  • Poultry Farm Equipment
  • Poultry Feed
  • Processed Chicken
  • Egg Powder
  • Nutritional Health Products Humans
  • Pet Food and Health Care
  • De-oiled Cake
  • Biosecurity Products

Other group of companies:

  • Venkateshwara Hatcheries Private Limited
  • Venco Research & Breeding Farm Limited
  • Venkateshwara Research & Breeding Farm Limited
  • VJ Equipment Limited
  • VR Equipment Limited
  • Uttara Foods and Feeds Private Limited
  • Shivalik Hatcheries Limited
  • Eastern Hatcheries Limited
  • Venkateshwara Biosentry (India) Limited
  • BV Feed Supplements Manufacturing Company Limited

Major Milestones of the VH Group

The group has been the first in the country to

  • Start pureline research and development in India
  • Use Specific Pathogen Free eggs in the manufacture of poultry vaccines
  • Produce Specific Pathogen Free eggs in India
  • Introduce the concept of combined and inactivated (killed) vaccines
  • Introduce processing of chicken and eggs
  • Manufacture automated poultry equipment
  • Initiate poultry education through the Dr. BV Rao Institute of Poultry Management and Technology
  • Start sophisticated disease diagnostic, surveillance and monitoring laboratories
Puchho Befikar
SEBI Registered: Investment Adviser - INA000013323

Callback