Vineet Laboratories Ltd - Stock Valuation and Financial Performance

BSE: 543298 | NSE: VINEETLAB | Pharmaceuticals & Drugs | Small Cap

Vineet Laboratories Share Price

53.50 -3.37 -5.93%
as on 07-Oct'24 16:01

DeciZen - make an informed investing decision on Vineet Laboratories

M-Cap below 100cr DeciZen not available

Vineet Laboratories stock performance -

mw4me loader
P/E Ratio (SA):
364.09
Market Cap:
52.4 Cr.
52-wk low:
47
52-wk high:
89

Is Vineet Laboratories Ltd an attractive stock to invest in?

1. Is Vineet Laboratories Ltd a good quality company?

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

2. Is Vineet Laboratories Ltd undervalued or overvalued?

The key valuation ratios of Vineet Laboratories Ltd's currently when compared to its past seem to suggest it is in the Somewhat overvalued zone.

3. Is Vineet Laboratories Ltd a good buy now?

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

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.
Vineet Laboratories 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'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 0%0%-2.9%34.1%23.1%8.7%-
Value Creation
Index
NANA-1.21.40.7-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 000243191212137
Sales YoY Gr.-NANANA-21.5%11.1%-
Adj EPS 00-0.31.77.11.60.2
YoY Gr.-NANANA314.5%-77.3%-
BVPS (₹) -3.99.19.728.93636.535.4
Adj Net
Profit
0001.66.61.50
Cash Flow from Ops. 00027.57.6-9.6-
Debt/CF from Ops. 0000.53.5-3.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANANA11.1%
Adj EPS NANANA-77.3%
BVPSNANA55.4%1.4%
Share Price - - -12.2% 5.5%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
00-2.811.8224.50.5
Op. Profit
Mgn %
0003.46.93.84.5
Net Profit
Mgn %
0000.73.40.70.1
Debt to
Equity
0000.50.80.90.1
Working Cap
Days
00065172156180
Cash Conv.
Cycle
00018325126

Recent Performance Summary

Debt to equity has declined versus last 3 years average to 0.92

Return on Equity has declined versus last 3 years average to 0.40%

Sales growth has been subdued in last 3 years 0.00%

Net Profit has been subdued in last 3 years 0.00%

Sales growth is not so good in last 4 quarters at -28.24%

Latest Financials - Vineet Laboratories Ltd.

Standalone Consolidated
TTM EPS (₹) 0.2 -
TTM Sales (₹ Cr.) 137 -
BVPS (₹.) 35.4 -
Reserves (₹ Cr.) 23 -
P/BV 1.61 -
PE 364.09 -
From the Market
52 Week Low / High (₹) 46.98 / 88.95
All Time Low / High (₹) 38.20 / 124.70
Market Cap (₹ Cr.) 52.4
Equity (₹ Cr.) 9.2
Face Value (₹) 10
Industry PE 47.6

Management X-Ray of Vineet Laboratories:

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

Login/Register to view analysis.

Analyst's Notes

Key Ratios of Vineet Laboratories

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Sales000243.48191.17212.29
Operating Expenses 000.01235.33178.01204.63
Manufacturing Costs00026.5218.8318.28
Material Costs000198.11145.55172.33
Employee Cost 0005.574.914.90
Other Costs 000.015.138.739.13
Operating Profit 00-0.018.1513.167.66
Operating Profit Margin (%) ---3.3%6.9%3.6%
Other Income 0000.390.290.12
Interest 0002.672.093.38
Depreciation 0001.812.022.37
Exceptional Items 000000
Profit Before Tax 00-0.014.069.352.03
Tax 0002.282.710.78
Profit After Tax 00-0.011.786.641.25
PAT Margin (%) ---0.7%3.5%0.6%
Adjusted EPS (₹)0.00.0-0.31.97.21.4
Dividend Payout Ratio (%)0%0%0%0%14%0%

Balance Sheet

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

Equity and Liabilities

Shareholders Fund 0.010.410.4026.6233.2233.68
Share Capital 0.010.410.419.229.229.22
Reserves 00-0.0117.402424.46
Minority Interest000000
Debt00012.4726.5130.05
Long Term Debt0003.471.724.85
Short Term Debt0009.0124.7925.20
Trade Payables0.010.01055.9960.0934.89
Others Liabilities 0.010013.6713.4917.23
Total Liabilities 0.020.420.40108.74133.32115.85

Fixed Assets

Gross Block00035.4839.2246.85
Accumulated Depreciation00015.8217.8320.21
Net Fixed Assets00019.6721.3826.65
CWIP 000000
Investments 0000.120.140.13
Inventories00039.6943.5446.17
Trade Receivables00042.7136.2035.16
Cash Equivalents 00.0102.1018.120.95
Others Assets0.020.410.404.4613.946.79
Total Assets 0.020.420.40108.74133.32115.85

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 00027.497.63-9.62
PBT 00-0.014.069.352.03
Adjustment 0005.713.906.15
Changes in Working Capital 000.0116.87-2.43-14.81
Tax Paid 0000.85-3.18-2.99
Cash Flow From Investing Activity 000-7.81-3.68-6.69
Capex 000-7.850-6.81
Net Investments 0000-3.840
Others 0000.050.160.12
Cash Flow From Financing Activity 00018.6211.960.27
Net Proceeds from Shares 0008.8100
Net Proceeds from Borrowing 000014.044.17
Interest Paid 000-2.67-2.09-3.38
Dividend Paid 00000-0.92
Others 00012.4700.41
Net Cash Flow 00038.3015.91-16.03
PARTICULARSMar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)00-2.8713.1822.193.74
ROCE (%)00-2.8734.0623.148.69
Asset Turnover Ratio0004.461.581.7
PAT to CFO Conversion(x)N/AN/AN/A15.441.15-7.7
Working Capital Days
Receivable Days000647561
Inventory Days000597977
Payable Days00052146101

Vineet Laboratories Ltd Stock News

Vineet Laboratories Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vineet Laboratories on 07-Oct-2024 16:01 is ₹53.50.
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 07-Oct-2024 16:01 the market cap of Vineet Laboratories stood at ₹52.43.
The latest P/E ratio of Vineet Laboratories as of 07-Oct-2024 16:01 is 364.1.
The latest P/B ratio of Vineet Laboratories as of 07-Oct-2024 16:01 is 1.61.
The 52-week high of Vineet Laboratories is ₹88.95 and the 52-week low is ₹46.98.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vineet Laboratories is ₹136.9 ( Cr.) .

About Vineet Laboratories Ltd

Vineet Laboratories Limited (Formerly Known As Ortin Laboratories Limited, Unit-II) is public company domiciled in India and incorporated under the provisions of Companies Act, 2013 applicable in India and it was incorporated in India on November 10, 2016 having its Registered office at Saheb Nagar, Kurdu Vill, Chintal Kunta, Eshwaramma Nilayam, L B Nagar, Hyderabad, Telangana. The shares of the company are listed on Bombay Stock Exchange and National Stock Exchange.

Business area of the company

The company is engaged in the business of Drug Intermediates & Bulk Dugs.

Product and services

  • API Intermediates
  • Fine Chemicals and Reagents
  • Research & Development
Read More Read Less
You have 2 views remaining as a Guest User. To get DeciZen Rating of 3,500+ Stocks based on their Quality, Valuation and Price Trend Login Now
© 2024 The Alchemists Ark Pvt. Ltd. All rights reserved. MoneyWorks4Me ® is a registered trademark of The Alchemists Ark Pvt.Ltd.