VXL Instruments Ltd - Stock Valuation and Financial Performance

BSE: 517399 | NSE: VXLINSTR | IT - Hardware | Small Cap

VXL Instruments Share Price

4.20 0.00 0.00%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on VXL Instruments

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VXL Instruments stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
5.5 Cr.
52-wk low:
4
52-wk high:
12

Is VXL Instruments Ltd an attractive stock to invest in?

1. Is VXL Instruments Ltd a good quality company?

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

2. Is VXL Instruments Ltd undervalued or overvalued?

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

3. Is VXL Instruments Ltd a good buy now?

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

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.
VXL Instruments 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 % -12%-19.3%-28.7%-13.3%-8%-45.7%-3.5%-40.4%-1.2%-27.5%-
Value Creation
Index
-1.9-2.4-3.1NANA-4.3-1.3-3.9-1.1-3.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 86.573.262.250.345.615.719.27.713.38.68
Sales YoY Gr.--15.3%-15.1%-19.2%-9.3%-65.5%22.3%-60.1%73.7%-35.7%-
Adj EPS -4.5-4.5-5.7-2.4-1.4-6-0.8-3.4-0.2-1.4-2.3
YoY Gr.-NANANANANANANANANA-
BVPS (₹) 11.37.11.3-0.9-2.41.814.34.33.21.6
Adj Net
Profit
-6-6-7.6-3.3-1.9-8-1.1-4.5-0.2-1.8-3
Cash Flow from Ops. -9.5-0.71.60.60.6-18.63.8-5.4-0.10.2-
Debt/CF from Ops. -0.2-62.57.210.9-0.31.4-0.3-9.76.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -22.7%-28.4%-23.6%-35.7%
Adj EPS NANANANA
BVPS-13.1%NA45.3%-25.5%
Share Price -10.1% -15.9% 5% -43.2%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-18.4-22.1-36.9-21.2-14.9-76.5-13.1-64.7-3.6-36.5-93.2
Op. Profit
Mgn %
-10.9-1.1-10.6-4.1-2.6-50.32.2-41.40.9-24.2-31.3
Net Profit
Mgn %
-6.9-8.3-12.3-6.5-4.2-51.1-5.8-58.4-1.6-21.3-35.6
Debt to
Equity
0.10.42.3-3.5-1.92.53.80.20.20.3-
Working Cap
Days
110115140187285624250683383564370
Cash Conv.
Cycle
47155-17-32148125363182323150

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -23.63%

Sales growth is not so good in last 4 quarters at -9.59%

Latest Financials - VXL Instruments Ltd.

Standalone Consolidated
TTM EPS (₹) -2.3 -3.4
TTM Sales (₹ Cr.) 8.4 68.5
BVPS (₹.) 1.6 0
Reserves (₹ Cr.) -11 -22
P/BV 2.53 0.00
PE 0.00 0.00
From the Market
52 Week Low / High (₹) 4.00 / 11.95
All Time Low / High (₹) 1.09 / 424.00
Market Cap (₹ Cr.) 5.5
Equity (₹ Cr.) 13.3
Face Value (₹) 10
Industry PE 82.1

Management X-Ray of VXL Instruments:

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 VXL Instruments

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
Sales86.5073.2362.2050.2745.6015.7319.247.6713.328.57
Operating Expenses 95.9674.0369.2952.3946.9023.6418.8110.8813.2010.65
Manufacturing Costs0.600.370.450.640.460.490.390.500.330.38
Material Costs77.5562.5553.6243.5542.2416.0812.945.528.015.77
Employee Cost 6.945.9554.271.913.913.313.013.243.04
Other Costs 10.885.1610.233.932.293.162.171.861.621.46
Operating Profit -9.46-0.79-7.09-2.12-1.30-7.920.43-3.220.12-2.08
Operating Profit Margin (%) -10.9%-1.1%-11.4%-4.2%-2.8%-50.3%2.2%-42.0%0.9%-24.2%
Other Income 3.840.570.480.120.280.280.360.120.260.60
Interest 1.990.250.800.950.700.690.900.470.180.15
Depreciation 0.450.300.330.320.290.250.840.670.390.38
Exceptional Items 17.230.160007.3503.2000.50
Profit Before Tax 9.17-0.61-7.73-3.27-2-1.22-0.96-1.03-0.19-1.50
Tax 3.035.080001.5701.23-0.090
Profit After Tax 6.13-5.69-7.73-3.27-2-2.79-0.96-2.27-0.10-1.50
PAT Margin (%) 7.1%-7.8%-12.4%-6.5%-4.4%-17.7%-5.0%-29.6%-0.7%-17.5%
Adjusted EPS (₹)4.6-4.3-5.8-2.5-1.5-2.1-0.7-1.7-0.1-1.1
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 30.2324.5416.8113.9311.949.068.055.785.714.27
Share Capital 13.3413.3413.3413.3413.3413.3413.3413.3413.3413.34
Reserves 16.8911.203.480.59-1.39-4.27-5.28-7.56-7.62-9.07
Minority Interest0000000000
Debt2.013.863.794.145.886.035.301.411.291.22
Long Term Debt0.123.863.794.145.886.035.301.391.291.22
Short Term Debt1.880000000.030.010.01
Trade Payables10.8112.4520.0827.9042.611.135.194.454.774.97
Others Liabilities -2.912.481.671.891.823.495.074.363.423
Total Liabilities 40.1343.3442.3547.8562.2519.7123.6216.0115.2013.47

Fixed Assets

Gross Block19.7118.4318.6918.9119.028.4710.062.772.482.48
Accumulated Depreciation2.851.351.681.972.261.101.9321.812.19
Net Fixed Assets16.8617.0817.0116.9416.767.378.130.770.670.29
CWIP 00002.5400000
Investments 0.520.5200000000
Inventories13.7715.5316.5313.9911.526.133.491.290.970.95
Trade Receivables0.260.432.6812.1925.142.307.929.6311.359.93
Cash Equivalents 0.491.131.661.390.880.650.801.260.600.62
Others Assets8.248.654.463.345.413.253.283.071.621.67
Total Assets 40.1343.3442.3547.8562.2519.7123.6216.0115.2013.47

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -9.54-0.661.560.580.55-18.563.78-5.38-0.130.20
PBT 9.17-0.61-7.73-3.27-2-1.22-0.96-1.03-0.19-1.50
Adjustment -14.990.386.171.280.66-6.701.55-2.170.32-0.57
Changes in Working Capital -2.81-0.423.112.931.88-10.653.19-0.94-0.352.27
Tax Paid -0.91-0.010-0.35000-1.230.090
Cash Flow From Investing Activity 19.84-0.35-0.16-0.20-2.3719.12-1.549.94-0.260.04
Capex 19.56-0.38-0.26-0.24-0.1019.04-1.619.90-0.290
Net Investments 00.0100000000
Others 0.280.030.100.04-2.260.080.070.040.030.04
Cash Flow From Financing Activity -11.661.65-0.87-0.561.09-0.51-1.87-4.35-0.28-0.22
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing 0.073.75-0.090.341.740.15-0.980-0.10-0.07
Interest Paid -4.29-0.22-0.78-0.91-0.65-0.66-0.88-0.46-0.18-0.15
Dividend Paid 0000000000
Others -7.43-1.8800000-3.8900
Net Cash Flow -1.360.640.53-0.18-0.740.050.380.21-0.680.03
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)50.21-46.41-139.34-1377.6500-50.85-63.45-1.69-30.19
ROCE (%)62.06-2.38-73.21-54.18-45.13-9.4-0.79-8.19-0.21-21.64
Asset Turnover Ratio1.741.781.471.150.830.380.890.390.850.6
PAT to CFO Conversion(x)-1.56N/AN/AN/AN/AN/AN/AN/AN/AN/A
Working Capital Days
Receivable Days2295214831897418287453
Inventory Days737293108101205911143141
Payable Days316811120130549689319210308

VXL Instruments Ltd Stock News

VXL Instruments Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of VXL Instruments on 28-Mar-2024 16:01 is ₹4.20.
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 VXL Instruments stood at ₹5.53.
The latest P/E ratio of VXL Instruments as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of VXL Instruments as of 28-Mar-2024 16:01 is 2.53.
The 52-week high of VXL Instruments is ₹11.95 and the 52-week low is ₹4.00.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of VXL Instruments is ₹8.43 ( Cr.) .

About VXL Instruments Ltd

VXL Instruments started as a partnership firm in 1976 and turned into a Public Limited Company on June 24, 1993 and the revised Certificate of Incorporation was obtained from the Registrar of Companies Karnataka on November 2, 1993.

VXL is one of the world’s premier providers of Thin Client devices. It provides an innovative range of high-specification, well-built systems at the lowest price point. Since 1976, this combination of quality and value in its thin client solutions has been helping companies around the globe build IT infrastructures that are flexible, secure, manageable and affordable.

A Citrix OEM partner since 1996, VXL has been manufacturing terminals and Thin Client products for nearly three decades. Its world-class Itona brand of products is available for a variety of operating systems (Go Linux, Windows CE and XP-Embedded) and computing environments (desktop, wireless, and notebooks). In addition, device management software (XLmanage) provides administrators the ability to manage devices remotely across the network. VXL’s products are backed by years of research, stringent quality standards and state-of-the-art infrastructure.

VXL is a global company with its corporate headquarters and main manufacturing facility in Bangalore, India’s ‘Silicon Valley’. They new European HQ and logistics centre in Manchester, UK  provide sales and technical support to the USA and EMEA (Europe, Middle East and Africa) markets. In addition they have sales and support offices in strategic markets for VXL such as Germany, France and USA, together with distribution partners in many other countries

Product range of the company includes:

VXL is a leading global vendor of thin client devices and terminals. Its world-class products are available for a variety of OS platforms such as Go Linux, Windows CE and Window XP-Embedded as well as computing environments like the desktop, wireless, Integrated and laptop.

  • Desktop The basic thin client available in 800 MHz and 1 GHz CPU speed options
  • Wireless Desktop thin client with integrated Wireless-LAN as standard and options for smart-card reader
  • Laptop All the convenience of thin client in a notebook. Ideal for healthcare/ education environments
  • Integrated Thin client integrated with a 17” LCD monitor to present a compact and aesthetically pleasing unit

Clientele:

  • Panalpina HongKong, Shanghai, India
  • Rubbermaid, Europe
  • Knorr Food, Europe
  • Stumpp Schuele Somappa, India
  • Core Parentals, India
  • SAP, Belgium, Europe
  • ANZ Grindlays Bank
  • Haga Bank, Jakarta
  • Sampath Bank, Colombo
  • HDFC, India
  • Mayor’s office, Paris
  • NIC, India and many more.

Achievements/ recognition:

  • An ISO 9001:2000 certified company
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