VXL Instruments Ltd. Stock Analysis

Small Cap

Evaluated by 79 users | BSE: 517399 | NSE: VXLINSTR |
IT - Hardware

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 worldâ€™s premier providers of Thin...

10 Year X-Ray

Standalone basis Standalone basis P Consolidated basis

Analysis of Financial Track Record

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

What is a Financial Track Record? How to read this chart in order to understand the data present here?

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.

Value Creation

	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19
Return on Capital Employed	3.41%	6.51%	7.03%	3.97%	-11.97%	-19.31%	-28.71%	-13.34%	-7.95%	-45.74%

Growth Parameters Growth Parameters Colour Code Guide

Net Sales (Rs. Cr.)	76.8	93.4	79	84.3	86.5	73.2	62.2	50.3	45.6	15.7
Y-o-Y Gr. Rt.	-	21.6%	-15.4%	6.8%	2.6%	-15.3%	-15.1%	-19.2%	-9.3%	-65.5%
Adjusted EPS (Rs.)	0.08	1.43	1.83	0.15	-4.49	-4.53	-5.72	-2.44	-1.44	-6.03
Y-o-Y Gr. Rt.	-	1687.5%	28%	-91.8%	-3093.3%	NA	NA	NA	NA	NA
Book Value per Share (Rs.)	3.91	5.78	6.72	7	11.33	7.06	1.26	-0.9	-2.39	1.8
Adjusted Net Profit	0.1	1.9	2.4	0.2	-6	-6	-7.6	-3.3	-1.9	-8
Net Op. Cash Flow (Rs. Cr.)	6.2	3.9	2.4	2.7	-9.5	-0.7	1.6	0.6	0.6	-18.6
Debt to Cash Flow from Ops	6.05	9.42	3.96	3.48	-0.22	-6.01	2.48	7.19	10.89	-0.33

Difference between Standalone Basis and Consolidated basis? Which method is preferred for VXL Instruments Ltd. ?

Standalone financials take only the parent company into account while consolidated financials take into account financials of the parent company as well as of all its subsidiaries. In most companies consolidated financials should be used for analysis.

VXL Instruments Ltd. should be analysed on a Standalone basis

CAGR CAGR Colour Code Guide

	9 yrs	5 yrs	3 yrs	1 yr
Net Sales	-16.2%	-28.9%	-36.8%	-65.5%
Adjusted EPS	-261.7%	NA	NA	NA
Book Value per Share	-8.3	-30.8	12.6	0
Share Price	-17.1%	-22.9%	-27.2%	62.9%

Key Financial Parameter Performance Ratio Colour Code Guide

	Mar'10	Mar'11	Mar'12	Mar'13	Mar'14	Mar'15	Mar'16	Mar'17	Mar'18	Mar'19
Return on Equity (%)	0.45	6.06	6.52	0.56	-18.36	-22.08	-36.86	-21.15	-14.85	-76.45
Operating Profit Margin (%)	4.86	6.75	6.22	2.58	-10.93	-1.08	-10.56	-4.12	-2.6	-50.32
Net Profit Margin (%)	0.13	2.05	3.09	0.24	-6.93	-8.25	-12.25	-6.47	-4.21	-51.05
Debt to Equity	7.22	4.81	1.08	1.01	0.14	0.42	2.29	-3.52	-1.87	2.52
Working Capital Days	253	201	242	181	110	115	140	187	285	624
Cash Conversion Cycle	186	141	162	120	47	15	5	-17	-32	148

Management X-Ray

Shareholding Pattern

Entity	Percentage Holding
Promoters	10.83%
Institutions	0.35%
Non-Institutions	88.82%

Promoter's Holding & Share Pledging

Pledged ^*

0.00

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

FAQs

1. Is VXL Instruments a good quality company?

Data is not available for this company.

2. Is current market price of VXL Instruments a good price to buy it?

The 5-year analysis of VXL Instruments's performance infers:

VXL Instruments earnings have grown by 0%, whereas share price has depreciated -22.9% CAGR over the past five years, indicating the company's share price is likely undervalued. However, for specific investment actions please connect with your investment advisor.

3. What VXL Instruments's share price return in the past 10 years

We analysed the performance of VXL Instruments share prices over the last 10 years. Here is what we found out:

VXL Instruments share price has depreciated -19.2% annually over the past ten years.

About Company

VXL is one of the worldâ€™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. VXLâ€™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, Indiaâ€™s â€˜Silicon Valleyâ€™. 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 17â€ LCD monitor to present a compact and aesthetically pleasing unit

Clientele: