Veerhealth Care Ltd - Stock Valuation and Financial Performance

BSE: 511523 | NSE: NIYATILEAS | Pharmaceuticals & Drugs | Small Cap

Veerhealth Care Share Price

20.98 -0.42 -1.96%
as on 19-Apr'24 16:01

DeciZen - make an informed investing decision on Veerhealth Care

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Veerhealth Care stock performance -

mw4me loader
P/E Ratio (SA):
21.30
Market Cap:
42 Cr.
52-wk low:
9.4
52-wk high:
30.1

Is Veerhealth Care Ltd an attractive stock to invest in?

1. Is Veerhealth Care Ltd a good quality company?

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

2. Is Veerhealth Care Ltd undervalued or overvalued?

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

3. Is Veerhealth Care Ltd a good buy now?

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

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.
Veerhealth Care 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'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 0.2%-0.6%0.7%0.7%1.4%1.3%3%3.3%-0.1%9%-
Value Creation
Index
-1.0-1.0-1.0-1.0-0.9-0.9-0.8-0.8-1.0-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 31.32.11.95.2611.710.69.613.314
Sales YoY Gr.--55.5%59.4%-9.4%169.3%15.7%96.2%-9.8%-9%37.8%-
Adj EPS 0-0.1000.10.10.20.3-0.10.81
YoY Gr.--500%NA100%400%10%109.1%17.4%-118.5%NA-
BVPS (₹) 9.29.29.29.39.59.69.910.110.110.711.2
Adj Net
Profit
0-0.1000.10.20.30.4-0.11.62
Cash Flow from Ops. 3.9-3.701.71.82-0.411.8-0.7-
Debt/CF from Ops. 0-0.3-3604-0.10.70.5-71.700-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 18%20.8%4.2%37.8%
Adj EPS 50.5%51.2%50.9%NA
BVPS1.8%2.6%2.6%6.6%
Share Price 7.5% 38% 61.8% 102.3%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0.2-0.90.10.21.11.22.42.7-0.599
Op. Profit
Mgn %
-16.1-11.8-1-18.9-2.47.45.8-0.6-8.63.78.6
Net Profit
Mgn %
0.9-8.60.41.22.72.62.73.6-0.811.914.1
Debt to
Equity
00.10.1-00.10.10.20.100-
Working Cap
Days
1,3372,7181,9432,072685525262305348259121
Cash Conv.
Cycle
361952743741254218647571107

Recent Performance Summary

Return on Equity has increased versus last 3 years average to 9.00%

Net Profit is growing at healthy rate in last 3 years 50.88%

Sales growth is good in last 4 quarters at 28.14%

Sales growth has been subdued in last 3 years 4.20%

Latest Financials - Veerhealth Care Ltd.

Standalone Consolidated
TTM EPS (₹) 1 -
TTM Sales (₹ Cr.) 14 -
BVPS (₹.) 11.2 -
Reserves (₹ Cr.) 2 -
P/BV 1.87 -
PE 21.30 -
From the Market
52 Week Low / High (₹) 9.35 / 30.10
All Time Low / High (₹) 0.25 / 43.75
Market Cap (₹ Cr.) 42
Equity (₹ Cr.) 20
Face Value (₹) 10
Industry PE 47.2

Management X-Ray of Veerhealth Care:

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 Veerhealth Care

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
Sales2.991.332.121.925.175.9811.7310.589.6313.27
Operating Expenses 3.471.492.142.285.295.5411.0510.6410.4612.78
Manufacturing Costs0.010.100.100.120.190.180.931.310.930.61
Material Costs3.130.730.921.163.683.797.887.526.929.23
Employee Cost 0.220.430.470.580.570.470.800.830.880.90
Other Costs 0.100.230.660.420.851.111.440.991.732.04
Operating Profit -0.48-0.16-0.02-0.36-0.120.440.68-0.06-0.830.49
Operating Profit Margin (%) -16.1%-12.2%-1.0%-18.9%-2.4%7.4%5.8%-0.6%-8.6%3.7%
Other Income 0.540.490.380.720.720.290.481.331.681.25
Interest 00.060.130.100.070.030.190.220.090
Depreciation 0.020.110.210.230.270.320.320.470.520.62
Exceptional Items 0000000000
Profit Before Tax 0.040.160.020.030.250.380.650.580.241.12
Tax 0.010.100.010.010.110.220.330.200.31-0.47
Profit After Tax 0.030.060.010.020.140.160.320.38-0.071.58
PAT Margin (%) 0.9%4.3%0.4%1.2%2.7%2.6%2.7%3.6%-0.8%11.9%
Adjusted EPS (₹)0.00.00.00.00.10.10.20.3-0.10.8
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 12.7412.8012.8212.8513.1013.2813.7614.0413.9521.43
Share Capital 6.936.936.936.936.936.936.936.936.9310
Reserves 5.815.865.885.926.176.356.827.117.0211.43
Minority Interest0000000000
Debt01.011.08-0.171.210.942.481.7300
Long Term Debt00.650.670.440.2102.041.4100
Short Term Debt00.360.41-0.611.010.940.440.3200
Trade Payables0.090.110.080.220.191.570.840.922.320.55
Others Liabilities 0.080.130.140.160.230.360.912.043.883.27
Total Liabilities 12.9214.0414.1213.0614.7416.1617.9818.7320.1525.25

Fixed Assets

Gross Block4.962.233.073.116.416.6210.8811.3712.9615.05
Accumulated Depreciation0.060.160.360.590.861.161.431.892.423.04
Net Fixed Assets4.902.072.712.525.545.469.459.4810.5412.01
CWIP 00000.242.190000
Investments 0000000000
Inventories0.100.461.121.530.940.841.231.662.122.61
Trade Receivables0.080.930.890.610.920.740.941.541.541.84
Cash Equivalents -0.010.110.100.020.080.180.020.100.403.61
Others Assets7.8510.479.308.377.026.756.355.945.545.19
Total Assets 12.9214.0414.1213.0614.7416.1617.9818.7320.1525.25

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 3.88-3.7301.691.761.98-0.3611.81-0.70
PBT 0.040.160.020.030.250.380.650.470.261.05
Adjustment -0.53-0.48-0.27-0.07-0.090.320.210.370.100.53
Changes in Working Capital 4.37-3.480.240.951.71.41-1.150.391.49-2.08
Tax Paid 00.0700.78-0.10-0.13-0.06-0.23-0.04-0.20
Cash Flow From Investing Activity -4.263.85-0.01-0.44-3.02-1.90-1.67-0.09-1.09-1.79
Capex -4.762.96-0.76-0.03-3.54-2.19-2.12-0.50-1.58-2.09
Net Investments 0000000000
Others 0.510.890.75-0.400.520.290.460.410.490.30
Cash Flow From Financing Activity 000-1.331.310.021.85-0.83-0.425.69
Net Proceeds from Shares 0000000005.90
Net Proceeds from Borrowing 000-0.21-0.23-0.212.04-0.63-1.410
Interest Paid 000-0.10-0.07-0.03-0.19-0.22-0.09-0.14
Dividend Paid 0000000000
Others 000-1.021.620.2700.021.08-0.06
Net Cash Flow -0.380.12-0.01-0.080.060.10-0.170.090.303.21
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)0.20.450.070.181.061.22.352.73-0.538.94
ROCE (%)0.311.621.1312.382.895.54.972.176.32
Asset Turnover Ratio0.220.10.150.140.370.390.690.580.50.58
PAT to CFO Conversion(x)129.33-62.17084.512.5712.38-1.132.63N/A-0.44
Working Capital Days
Receivable Days110138152142545126435946
Inventory Days3776133253875432507265
Payable Days105493747208556438557

Veerhealth Care Ltd Stock News

Veerhealth Care Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Veerhealth Care on 19-Apr-2024 16:01 is ₹20.98.
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 19-Apr-2024 16:01 the market cap of Veerhealth Care stood at ₹41.96.
The latest P/E ratio of Veerhealth Care as of 19-Apr-2024 16:01 is 21.30.
The latest P/B ratio of Veerhealth Care as of 19-Apr-2024 16:01 is 1.87.
The 52-week high of Veerhealth Care is ₹30.10 and the 52-week low is ₹9.35.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Veerhealth Care is ₹14.01 ( Cr.) .

About Veerhealth Care Ltd

Veerhealth Care (Formerly known as Niyati Industries) was originally incorporated on July 10, 1992 as Niyati Leasing Limited. From July 15, 1993 the Company had begun the business in the field of Investment and Finance. 

In 2013, the management of the company decided to diversify the business activities and changed its main object to Pharma sector and new name of the company is VeerHealth Care. In 2020, the company started operations in cosmetic manufacturing.

The company produces Intensive research based quality products with Expert guidance and enormous experience of renowned Vaid of Mumbai, Dr. Vinod C. Mehta, an Ayurvedic practioner since 30 years and Dr. Rajiv Bhirud, anexpert in formulations of cosmetic and personal care products.

The company is well-equipped with state-of-the-art manufacturing facilities and skilled personnel to ensure optimum utilization of resources with the best quality product.

Business area of the company

The company is engaged in the business of trading and manufacturing and marketing research-based Ayurvedic medicines.

Products of the company

  • Skincare
  • Bodycare
  • Haircare
  • Fragrances
  • Healthcare
  • Oralcare
  • Mens Care
  • Gifting
  • Combos
  • Accessories

Certifications

  • Ayurvedic Mfg Lic
  • Ayurvedic Gmp
  • Cosmetic Mfg Lic
  • Cosmetic Gmp
  • ISO 9001:2015
  • AEO Certificate

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