Vivimed Labs Ltd - Stock Valuation and Financial Performance

BSE: 532660 | NSE: VIVIMEDLAB | Pharmaceuticals & Drugs | Small Cap

Vivimed Labs Share Price

5.75 0.00 0.00%
as on 31-Jul'23 18:02

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Vivimed Labs stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
40.6 Cr.
52-wk low:
4.9
52-wk high:
7.3

Is an attractive stock to invest in?

1. Is a good quality company?

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

2. Is undervalued or overvalued?

The key valuation ratios of Vivimed Labs Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

3. Is a good buy now?

No data found

10 Year X-Ray of Vivimed Labs:

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.
Vivimed Labs 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%6.8%4.8%16.4%4.7%4.5%1.9%0.7%-4.8%-45.8%-
Value Creation
Index
-0.6-0.5-0.70.2-0.7-0.7-0.9-1.0-1.3-4.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 432430319570261252277210218177177
Sales YoY Gr.--0.4%-25.8%78.4%-54.1%-3.7%9.9%-24.1%4%-19%-
Adj EPS 2.42.90.916.21.60.8-1.7-2.8-8.2-39.6-39.6
YoY Gr.-21%-71.1%1803.5%-90.2%-52.5%-321.3%NANANA-
BVPS (₹) 45.84645.564.564.264.862.258.750.611.511.5
Adj Net
Profit
19.723.86.913113.16.2-13.8-23.3-67.8-328-328
Cash Flow from Ops. -44.941.3-54.228.2207827518025.332.9-
Debt/CF from Ops. -14.216.9-11.120.32.24.24.11.814.111.5-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -9.5%-7.5%-13.9%-19%
Adj EPS -236.3%-290.4%NANA
BVPS-14.2%-29.1%-43%-77.3%
Share Price -16.4% -24.5% -29.8% -13.8%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
5.56.41.928.22.31.1-2.4-4.3-13.8-111.1-344
Op. Profit
Mgn %
21.827.227.245.231.726.814.613.3-4.1-106.3-120.3
Net Profit
Mgn %
4.65.52.22352.5-5-11.1-31-185.5-185.5
Debt to
Equity
1.71.91.61.10.80.70.60.70.94-
Working Cap
Days
414496754470986902752865742722323
Cash Conv.
Cycle
230297486281608568435523474395-201

Recent Performance Summary

No data to display

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

Sales growth has been subdued in last 3 years %

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

Latest Financials - Vivimed Labs Ltd.

Standalone Consolidated
TTM EPS (₹) -39.6 -39.6
TTM Sales (₹ Cr.) 177 187
BVPS (₹.) 11.5 0.2
Reserves (₹ Cr.) 79 -15
P/BV 0.43 28.56
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 4.85 / 7.29
All Time Low / High (₹) 4.85 / 153.30
Market Cap (₹ Cr.) 40.6
Equity (₹ Cr.) 16.6
Face Value (₹) 2
Industry PE 48.2

Management X-Ray of Vivimed Labs:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *54.2054.2040.0237.1137.1137.1137.0637.0637.0637.06
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Vivimed Labs

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
Sales431.99430.15319.39569.84261.39251.81276.61210.05218.37176.83
Operating Expenses 337.82320.10232.56319.35183.05184.32243.87182.13227.40364.73
Manufacturing Costs55.7251.2537.8445.8932.3231.0525.782825.4329.39
Material Costs234.65197.91131.55179.9386.4080.30150.3097.06143.40268.63
Employee Cost 19.8327.8823.9942.2334.0937.8831.8726.4531.6828.70
Other Costs 27.6243.0539.1851.2930.2435.0935.9230.6126.8938.01
Operating Profit 94.17110.0586.84250.4978.3467.4932.7327.92-9.04-187.91
Operating Profit Margin (%) 21.8%25.6%27.2%44.0%30.0%26.8%11.8%13.3%-4.1%-106.0%
Other Income 11.441.432.798.751.938.546.546.141.260.24
Interest 48.7566.6759.4959.0253.2752.6343.4441.7839.7135.55
Depreciation 18.0620.5618.7926.8318.1418.2616.5715.8017.45106.91
Exceptional Items 0000000000
Profit Before Tax 38.8124.2611.34173.398.855.13-20.74-23.51-64.94-330.13
Tax 12.185.323.2147.04-1.02-1.06-1.57-0.232.82-2.12
Profit After Tax 26.6318.938.13126.349.876.19-19.17-23.28-67.75-328.01
PAT Margin (%) 6.2%4.4%2.5%22.2%3.8%2.5%-6.9%-11.1%-31.0%-185.0%
Adjusted EPS (₹)3.32.31.015.61.20.8-2.3-2.8-8.2-39.6
Dividend Payout Ratio (%)18%0%0%3%33%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 372.42373.95369.64560.86567.41572.62553.89524.47457.27133.32
Share Capital 16.2016.2016.2016.2016.5116.5116.5816.5816.5816.58
Reserves 356.22357.75353.44544.66550.90556.12537.31507.88440.69116.73
Minority Interest0000000000
Debt567.62599484.94494.02374.66303.84255.71250.80276.76285.35
Long Term Debt291.28307.81193.03188.31115.9689.7167.9757.1060.6161.98
Short Term Debt276.34291.19291.91305.71258.70214.13187.74193.70216.14223.37
Trade Payables39.2645.6124.4545.3223.3935.2930.8232.8937.4170.57
Others Liabilities 224.13284.20486.36260.31289.96242.82226.90286.68300.51303.17
Total Liabilities 1,203.421,302.761,365.391,360.511,255.411,154.561,067.321,094.831,071.95792.41

Fixed Assets

Gross Block464.92466.20495.61503.31480.65474.78460.09535.97565.73586.69
Accumulated Depreciation67.5989.65108.6770.3975.8294.08103.68119.47136.92243.83
Net Fixed Assets397.34376.55386.94432.93404.83380.70356.42416.50428.81342.86
CWIP 15.5163.2740.8358.6442.7864.1869.7758.4540.0320.67
Investments 227.55230.05230.0587.60151.8787.5387.50161.14161.14161.14
Inventories170.13222.50268.17285.66292.54282.45263.37253.68239.0778.31
Trade Receivables183.79228.08230.86224.85167.67101.8989.6776.7063.3952.96
Cash Equivalents 13.2613.997.1815.569.1824.9611.096.026.783.35
Others Assets195.85168.32201.37255.27186.55212.85189.51122.35132.74133.13
Total Assets 1,203.421,302.761,365.391,360.511,255.411,154.561,067.321,094.831,071.95792.41

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -44.8641.29-54.2128.17206.5582.0475.02179.5225.3132.87
PBT 38.8124.2611.34173.398.855.13-20.74-29.42-64.38-330.13
Adjustment 38.6350.3637.7480.2169.6262.8259.5757.2956.98142.19
Changes in Working Capital -126.71-33.33-103.3-213.96144.6140.3642.23154.1532.71220.81
Tax Paid 4.4100-11.47-16.54-26.26-6.03-2.4900
Cash Flow From Investing Activity -148.56-50.04-11.1529.83-38.1256.173.32-138.20-11.34-1.60
Capex -10.320.22-33.5924.5825.82-16.013.29-64.56-11.34-1.60
Net Investments -131.94-2.500-0.21-64.2764.340.03-73.6400
Others -6.30-47.7622.445.460.327.840000
Cash Flow From Financing Activity 193.029.4858.54-49.62-174.80-123.23-91.42-46.40-13.21-34.70
Net Proceeds from Shares 0.142.37000.3000.08000
Net Proceeds from Borrowing 107.3316.53-114.78-4.58-72.35-26.25-22.11-10.873.870.62
Interest Paid -20.56-31.30-15.47-58.84-51.80-52.40-43-41.49-39.53-35.28
Dividend Paid -5.65000-3.9500000
Others 111.7521.88188.7913.80-47.01-44.58-26.395.9622.45-0.04
Net Cash Flow -0.410.74-6.828.38-6.3814.98-13.07-5.070.76-3.43
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)7.455.092.1928.341.881.16-3.65-4.64-14.96-127.48
ROCE (%)9.748.746.9522.556.016.222.672.24-3.18-47.2
Asset Turnover Ratio0.40.340.240.420.20.210.250.190.20.19
PAT to CFO Conversion(x)-1.682.18-6.670.2220.9313.25N/AN/AN/AN/A
Working Capital Days
Receivable Days145175262146274195126145117120
Inventory Days131167280177404417360449412328
Payable Days67789771145133801208973

Vivimed Labs Ltd Stock News

Vivimed Labs Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vivimed Labs on 31-Jul-2023 18:02 is ₹5.75.
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 31-Jul-2023 18:02 the market cap of Vivimed Labs stood at ₹40.63.
The latest P/E ratio of Vivimed Labs as of 31-Jul-2023 18:02 is 0.00.
The latest P/B ratio of Vivimed Labs as of 31-Jul-2023 18:02 is 0.43.
The 52-week high of Vivimed Labs is ₹7.29 and the 52-week low is ₹4.85.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vivimed Labs is ₹176.8 ( Cr.) .

About Vivimed Labs Ltd

Vivimed Labs Ltd was originally incorporated as Emgi Pharmaceuticals & Chemicals Private Limited on 22-09-1988 with Registrar of Companies of Karnataka, Bangalore and subsequently converted into a public limited company on April 21, 1994. The name of the company has been changed to Vivimed Labs Limited on  April 22,1997.

The company was originally promoted by A. M. Rao. In 1989  Santosh Varalwar and  Subhash Varalwar acquired Emgi Pharmaceuticals and Chemicals Limited and commenced manufacturing of bulk drugs in 1991.

The company’s manufacturing unit is located at Bidar, Karnataka, where it was originally engaged in the manufacturing of Active Pharmaceutical Ingredients (APIs) and bulk drugs like Ibuprofen etc. However, due to downward price movement in the products of the company during 1995, it gradually moved over to manufacturing specialty chemicals and cosmetic ingredients like Triclosan, Avis etc. catering to global and domestic markets.

Vivimed started production of Triclosan with a very small capacity of 5 MT p.a. in the year 1999 and increased its capacity to 225 MT p.a. over a period of next 5 years. The production capacity was further doubled by adding one more production block in March 2004.

Touching lives on another front, they are fighting microbes in home. In the kitchen, in the linen and more, their antimicrobials deliver clean living. Their high-end chemistry also coats the screen of mobile telephone and car’s photochromatic windscreen. For the photographic industry they remain a timeless answer. Their photosynthetic and photographic chemicals have been products of choice for decades now.

Product range of the company includes:

  • Triclosan  VIV 20
  • Avis (Avo benzone)
  • Calcium Glycero Phosphate (CaGP)
  • Chlorphenesin – Cosvat (Anti Fungal)
  • NDGA (Anti-oxidant)
  • Hair care
  • Oral care
  • Anti microbial
  • Skin care
  • Sun care

Milestones:

1988 & 1989•  Incorporated on September 22, 1988•  Death of original promoter Mr. A. M. Rao•  Acquired by Mr. Santosh Varalwar and Mr. Subhash Varalwar

1990 •  Commenced production of Non-Steroidal Anti-Inflammatory Drug (NSAID) – IBUPROFEN.

1994 •  Diversification and expansion of product mix by adding other APIs viz. Chlorzoxazone (Skeletal disorders), Nalidixic Acid (Anti-diarrheas) and Flucanazole (Anti-fungal).

1995 •  Diversification into specialty chemicals by production of Triclosan.

1996 •  R&D was commenced with facilities having an integrated instrumentation for organicsynthesis, Microbiology and pre-formulation studies.

1997 •  Process Innovation of Anti-bacterial and clearance of innovative route of synthesis for Triclosan.• Grant of patent for VIV-20 (Triclosan) by the Indian Patents Office.1998 – 99• Qualified for supply to Unilever’s Asian locations after Audit of manufacturing facility by a team of Unilever Plc.•  Triclosan customer base expanded to UK, France, Germany as well as domestic market.

2002 •  Approved by Unilever group Companies in Asian/Middle & Far East Companies for usage of Enamel Protective Agent manufactured by the company in their oral care formulations.•  Developed Anti-fungal for usage in High-end cosmetic and pre-formulation blends.•  Vivimed emerges as a second chemical company located outside USA/Europe to get the US EPA’s registration for Triclosan as 99% ingredient.•  Vivimed’s Quality Management System gets ISO 9001:2000 certification.

2003 •  Signed Confidential Sale Agreement with HLL for R&D, scaling up and commercialization of product coded as A123.•  Commencement of EMS Audit for ISO 14001 certification.

2004 •  Introduced new products for anti-dandruff and skin care application•  Triclosan production capacity increased from 225 MT p.a. to 480 MT p.a.•  Developed novel synthetic process to manufacture a premium anti-oxidant and anti-cancer molecule branded as VINTOX

2012ʉۢ Vivimed launch Nisarg Soapnut at in-cosmetics, Barcelona.

2013• Vivimed Labs Limited signed an agreement to acquire Actavis Pharma Manufacturing Pvt. Ltd.’s solid oral dosage (“SOD”) facility in Alathur, Tamil Nadu, India. The facility acquired from its parent Actavis Holding Asia B.V., an affiliate of Actavis Inc.

2014 • Vivimed received the PIC/S (Pharmaceutical Inspection Convention and Pharmaceutical Inspection Co-operation Scheme) GMP (Good Manufacturing Practice) approval for one of its pharmaceuticals manufacturing facilities in Jeedimetla, Hyderabad for the supply of finished dosage formulations to the CIS (Commonwealth of Independent States) region.

Achievements/ recognition:

  • ISO 9001:2000 and ISO14001
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