Vijay Solvex Ltd - Stock Valuation and Financial Performance

BSE: 531069 | NSE: | Edible Oil | Small Cap

Vijay Solvex Share Price

800 -10.30 -1.27%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Vijay Solvex

Overall Rating
M-Cap below 500cr. High Risk from low Liquidity Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Vijay Solvex stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
259.4 Cr.
52-wk low:
750
52-wk high:
1,080

Is Vijay Solvex Ltd an attractive stock to invest in?

1. Is Vijay Solvex Ltd a good quality company?

Past 10 year's financial track record analysis by Moneyworks4me indicates that Vijay Solvex Ltd is a average quality company.

2. Is Vijay Solvex Ltd undervalued or overvalued?

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

3. Is Vijay Solvex Ltd a good buy now?

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Vijay Solvex 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 Vijay Solvex:

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.
Vijay Solvex Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 6.6%5.7%6.3%6.2%6.5%7.8%11.4%21.9%15.4%4.9%-
Value Creation
Index
-0.5-0.6-0.6-0.6-0.5-0.4-0.20.60.1-0.7-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 1,0327686636878791,2261,4482,0702,7162,4302,045
Sales YoY Gr.--25.6%-13.7%3.7%27.9%39.5%18.1%43%31.2%-10.5%-
Adj EPS 19.915.316.92331.936.360.1188.3169.146.8-4
YoY Gr.--23.5%10.6%36.5%38.5%13.7%65.8%213.2%-10.2%-72.4%-
BVPS (₹) 233.2246.4262.9322.6355.2395.6458.4661.4832.1879866.5
Adj Net
Profit
6.44.95.47.410.211.619.360.354.115-1
Cash Flow from Ops. 7.244.23.722.7-37.553.145.5-2240.770.8-
Debt/CF from Ops. 13.51.417.32.7-2.61.51.8-5.23.60.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 10%22.6%18.8%-10.5%
Adj EPS 9.9%8%-8%-72.4%
BVPS15.9%19.9%24.2%5.6%
Share Price 28.5% 29.6% -5.1% 0.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
8.76.26.57.89.49.714.133.622.75.5-0.5
Op. Profit
Mgn %
1.71.72.22.32.32.12.53.82.60.90.1
Net Profit
Mgn %
0.60.60.81.11.211.32.920.6-0.1
Debt to
Equity
1.30.80.80.60.90.60.60.50.60.1-
Working Cap
Days
5564625853423130293222
Cash Conv.
Cycle
2326323736281512171813

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 18.84%

Return on Equity is Poor

Sales growth is not so good in last 4 quarters at -21.56%

Latest Financials - Vijay Solvex Ltd.

Standalone Consolidated
TTM EPS (₹) -4 -3.5
TTM Sales (₹ Cr.) 2,045 2,045
BVPS (₹.) 866.5 989.2
Reserves (₹ Cr.) 274 313
P/BV 0.94 0.82
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 750.00 / 1080.00
All Time Low / High (₹) 10.00 / 5961.50
Market Cap (₹ Cr.) 259
Equity (₹ Cr.) 3.2
Face Value (₹) 10
Industry PE 74.1

Management X-Ray of Vijay Solvex:

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 Vijay Solvex

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
Sales1,0327686636878791,2261,4482,0702,7162,430
Operating Expenses 1,0147556486718591,2001,4121,9912,6442,409
Manufacturing Costs39351921242830293242
Material Costs8896525886067821,1111,3131,8932,5412,273
Employee Cost 10101113161718181920
Other Costs 76573132374451515374
Operating Profit 18131416202636787221
Operating Profit Margin (%) 1.7%1.7%2.2%2.3%2.3%2.1%2.5%3.8%2.6%0.9%
Other Income 00030221186
Interest 7653378144
Depreciation 2211222222
Exceptional Items 0000000000
Profit Before Tax 86814161927877320
Tax 212566722195
Profit After Tax 6559101321645415
PAT Margin (%) 0.6%0.6%0.8%1.3%1.2%1.0%1.4%3.1%2.0%0.6%
Adjusted EPS (₹)19.914.516.928.032.139.864.1200.7169.147.0
Dividend Payout Ratio (%)0%0%0%0%0%0%0%0%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 768086103114127147212266281
Share Capital 3333333333
Reserves 737783100111123144209263278
Minority Interest0000000000
Debt9760646197808411514737
Long Term Debt0000000000
Short Term Debt9760646197808411514737
Trade Payables33171512121627382628
Others Liabilities 107910111216161819
Total Liabilities 217164173186233235274381457366

Fixed Assets

Gross Block47484951535660656868
Accumulated Depreciation31333436373940424546
Net Fixed Assets15151516161820222422
CWIP 10101010101011101015
Investments 18181846464849535865
Inventories7031654771503310013176
Trade Receivables36292628514634424841
Cash Equivalents 13131414734728115152
Others Assets54492626323053743693
Total Assets 217164173186233235274381457366

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 744423-385346-224171
PBT 86814161927877320
Adjustment 9873476-2-3-2
Changes in Working Capital -732-811-523419-84-1057
Tax Paid -3-1-3-4-6-7-8-23-19-4
Cash Flow From Investing Activity 410-180-14-6-5874-54
Capex 0-2-1-2-2-3-4-3-3-7
Net Investments 000-161-12-3-6073-50
Others 4311112553
Cash Flow From Financing Activity -12-46-2-532-25-52928-113
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0000000000
Interest Paid -11-9-6-4-4-4-4-3-2-4
Dividend Paid 0000000000
Others -1-374-135-2003230-110
Net Cash Flow -1-110-51435-51143-97
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)8.936.056.629.559.4610.5915.0135.8522.655.49
ROCE (%)9.087.529.0810.8510.0812.4416.1731.4320.876.71
Asset Turnover Ratio4.834.043.943.834.25.255.76.326.485.91
PAT to CFO Conversion(x)1.178.80.82.56-3.84.082.19-0.340.764.73
Working Capital Days
Receivable Days13151514171410767
Inventory Days22242630241810121616
Payable Days1414108656654

Vijay Solvex Ltd Stock News

Vijay Solvex Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vijay Solvex on 28-Mar-2024 16:01 is ₹800.0.
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 28-Mar-2024 16:01 the market cap of Vijay Solvex stood at ₹259.4.
The latest P/E ratio of Vijay Solvex as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of Vijay Solvex as of 28-Mar-2024 16:01 is 0.94.
The 52-week high of Vijay Solvex is ₹1,080 and the 52-week low is ₹750.0.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vijay Solvex is ₹2,045 ( Cr.) .

About Vijay Solvex Ltd

Vijay Solvex commenced production in 1989 in Alwar with a solvent extraction plant having a capacity of 100 TPD and oil mill with a capacity of 80 TPD. In 1990 refinery with a capacity of 50 TPD started production and in 1995 a vanaspati plant with a capacity of 50 TPD also went on stream.

Products

  • Vanaspati Ghee
  • Refinery
  • Solvent Extraction
  • Oil Mill

Group companies

  • Vijay Industries
  • Deepak Vegpro
  • Saurabh Agrotech
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