Evonith Value Steel Ltd - Stock Valuation and Financial Performance

BSE: 500254 | NSE: UVSL | Steel & Iron Products | Small Cap

Evonith Value Steel Share Price

0.25 0.00 0.00%
as on 20-Nov'20 18:59

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Evonith Value Steel stock performance -

mw4me loader
P/E Ratio (SA):
0.48
Market Cap:
165.2 Cr.
52-wk low:
0.3
52-wk high:
0.3

Is an attractive stock to invest in?

1. Is a good quality company?

Data is not available for this company.

2. Is undervalued or overvalued?

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

3. Is a good buy now?

No data found

10 Year X-Ray of Evonith Value Steel:

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.

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 6.1%7.8%-23.6%-27.2%-36.6%-782%198.8%102.6%20.1%-3.4%-
Value Creation
Index
-0.6-0.4NANANANANA6.30.4-1.2-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 6,6624,5603,7433,5122,6362,4671,9892,2984,7873,7494,787
Sales YoY Gr.--31.6%-17.9%-6.2%-24.9%-6.4%-19.4%15.6%108.3%-21.7%-
Adj EPS -0.2-0.1-0.8-0.8-0.7-0.4-0.5268.5-40.5
YoY Gr.-NANANANANANANA-67.4%-147.5%-
BVPS (₹) 0.40.5-0.3-1.1-1.8-2.8-3.330.937.633.7-3.4
Adj Net
Profit
-98.3-39-520-510-466-276-3251,042357-170344
Cash Flow from Ops. -40.9734239-47818111.9-16.1371985.5-
Debt/CF from Ops. -36.21.95.7-4.28117.1-127.719.73.7142.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -6.2%7.3%23.5%-21.7%
Adj EPS NANANA-147.5%
BVPS64.6%NANA-10.6%
Share Price -15.7% 5.6% - -

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
-28-14.3-1127.1108.851.819.917.2-295.323.9-113.4
Op. Profit
Mgn %
3.95.9-4.8-4.3-6.2-0.6-12.11.114.70.4-15
Net Profit
Mgn %
-1.5-0.9-13.9-14.5-17.7-11.2-16.345.37.5-4.57.2
Debt to
Equity
6.24.6-6.4-2.8-1.2-0.8-0.90.60.50.6-
Working Cap
Days
9916216814816612111390508045
Cash Conv.
Cycle
-44-44-57111-13-66-76531-199

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 %

Net Profit has been subdued in last 3 years %

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

Latest Financials - Evonith Value Steel Ltd.

Standalone Consolidated
TTM EPS (₹) 0.5 0.4
TTM Sales (₹ Cr.) 4,787 4,787
BVPS (₹.) -3.4 3.3
Reserves (₹ Cr.) -2,905 1,539
P/BV -0.07 0.08
PE 0.48 0.57
From the Market
52 Week Low / High (₹) 0.25 / 0.27
All Time Low / High (₹) 0.11 / 34.00
Market Cap (₹ Cr.) 165
Equity (₹ Cr.) 660.8
Face Value (₹) 1
Industry PE 26.4

Management X-Ray of Evonith Value Steel:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *47.0447.0447.040.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Evonith Value Steel

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
Sales6,661.544,559.633,742.903,511.632,636.262,467.331,988.872,298.284,787.133,748.78
Operating Expenses 6,403.774,288.983,922.983,663.272,799.342,483.822,229.402,272.764,0853,732.75
Manufacturing Costs614.90612.76479.41551.70578.70644.25570.49364.57624.77537.59
Material Costs5,564.493,462.833,233.792,787.611,976.441,705.541,503.891,696.823,181.852,921.86
Employee Cost 83.6477.9273.5268.4570.7766.6368.5271.5778.2788.88
Other Costs 140.74135.47136.26255.51173.4367.4086.50139.80200.11184.42
Operating Profit 257.77270.65-180.08-151.64-163.08-16.49-240.5325.52702.1316.03
Operating Profit Margin (%) 3.9%5.9%-4.8%-4.3%-6.2%-0.7%-12.1%1.1%14.7%0.4%
Other Income 51.2850.7134.5546.1174.1370.5651.8029.9130.4430.43
Interest 254.37247.80257.37258.91239.3365.895.7929.96125.11132.18
Depreciation 153.41107.54117.24145.38137.54114.61114.08110.69117.35139.43
Exceptional Items 00000-501.11-55.363,345.66-15.870
Profit Before Tax -98.73-33.98-520.14-509.82-465.82-627.54-363.963,260.44474.24-225.15
Tax 0000000-123.64128.01-57.37
Profit After Tax -98.73-33.98-520.14-509.82-465.82-627.54-363.963,384.08346.23-167.78
PAT Margin (%) -1.5%-0.7%-13.9%-14.5%-17.7%-25.4%-18.3%147.2%7.2%-4.5%
Adjusted EPS (₹)-0.2-0.1-0.8-0.8-0.7-1.0-0.684.68.2-4.0
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 239.09306.18-213.96-723.20-1,075.28-1,702.20-2,066.841,361.261,624.691,457.67
Share Capital 1,205.171,332.27670.14670.14660.81660.81660.814042.1142.11
Reserves -966.08-1,026.09-884.10-1,393.34-1,736.09-2,363.01-2,727.651,321.261,582.581,415.56
Minority Interest0000000000
Debt1,308.251,316.871,261.561,852.451,423.441,396.511,443.08727.34723.25781.99
Long Term Debt758.04795.92732.05724.29270.94246.22292.79704.36723.25713.91
Short Term Debt550.21520.95529.511,128.161,152.501,150.291,150.2922.98068.08
Trade Payables1,860.592,668.291,565.56407.15332.19391.711,187.31415.08116.80125.11
Others Liabilities 854.80245.151,624.562,325.672,774.452,810.352,305.09109.20478.60430.13
Total Liabilities 4,262.734,536.494,237.723,862.073,454.802,896.372,868.642,612.882,943.342,794.90

Fixed Assets

Gross Block3,708.154,023.544,691.584,697.784,850.854,847.534,847.564,445.214,531.214,554.89
Accumulated Depreciation1,997.582,064.162,181.372,326.562,464.112,576.532,690.632,466.522,583.612,722.23
Net Fixed Assets1,710.571,959.382,510.212,371.222,386.742,2712,156.931,978.691,947.601,832.66
CWIP 169.41416.770000007.2533.94
Investments 17.4717.5717.5717.5717.5715.9715.9715.9700
Inventories565.51705.50336.52363.34162.65115.19209.63223.60373.28394.98
Trade Receivables468.20258.45358.31254.1177.50137.21137.2981.8456.1558.59
Cash Equivalents 101.5491.3070.9659.688.2912.5563.59115.24174.8398.18
Others Assets1,230.031,087.52944.15796.15802.05344.45285.23197.54384.23376.55
Total Assets 4,262.734,536.494,237.723,862.073,454.802,896.372,868.642,612.882,943.342,794.90

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -40.88733.59238.65-477.77181.1811.93-16.0536.99198.425.50
PBT -98.73-33.98-520.14-509.82-465.82-627.54-363.963,260.44474.24-225.15
Adjustment 403.32341.99369.30401.39375.60182.83173.59-3,205.69255.71261.48
Changes in Working Capital -345.47425.58389.49-369.34271.4456.64174.32-15.25-523.19-26.08
Tax Paid 0000000-1.55-3.78-4.75
Cash Flow From Investing Activity -630.39-627.94-218.33-2.90-0.091.030.3029.02-59.24-64.42
Capex -619.55-633.97-224.26-6.38-0.430-0.01-1-14.74-42.61
Net Investments -15.87-0.100000029.21-46.47-25.06
Others 5.036.135.933.480.341.030.310.811.973.25
Cash Flow From Financing Activity 659.12-101.84-43.24469.39-232.47-8.7042.4714.86-126.06-42.80
Net Proceeds from Shares 0197000004000
Net Proceeds from Borrowing 492.89-63.20-82.67-44.3353.361.4600-22.960
Interest Paid -249.03-265.63-281.14-67.31-1.88-4.25-4.10-3.65-88.37-86.57
Dividend Paid 0000000000
Others 415.2629.99320.57581.03-283.95-5.9146.57-21.49-14.7343.77
Net Cash Flow -12.153.81-22.92-11.28-51.384.2626.7280.8713.12-101.72
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)-29.01-12.97N/AN/AN/AN/AN/A024.54-11.17
ROCE (%)11.8612.44N/AN/AN/AN/AN/A360.8928.05-4.12
Asset Turnover Ratio1.931.110.910.930.740.780.690.841.721.31
PAT to CFO Conversion(x)N/AN/AN/AN/AN/AN/AN/A0.010.57N/A
Working Capital Days
Receivable Days152728302216251756
Inventory Days26484834362130342337
Payable Days1021591538464751921723115

Evonith Value Steel Ltd Stock News

Evonith Value Steel Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Evonith Value Steel on 20-Nov-2020 18:59 is ₹0.25.
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 20-Nov-2020 18:59 the market cap of Evonith Value Steel stood at ₹165.2.
The latest P/E ratio of Evonith Value Steel as of 20-Nov-2020 18:59 is 0.48.
The latest P/B ratio of Evonith Value Steel as of 20-Nov-2020 18:59 is -0.07.
The 52-week high of Evonith Value Steel is ₹0.27 and the 52-week low is ₹0.25.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Evonith Value Steel is ₹4,787 ( Cr.) .

About Evonith Value Steel Ltd

Lloyds Steel Industries was incorporated on April 27, 1970 under the name of Gupta Tubes and Pipes. The company is engaged in designing and fabrication of various chemical, pharmaceutical and other machinery and structural such as air/gas/liquid structural, distillation columns, heat exchangers, LPG bullets, pressure vessels, reactors, tanks and road tankers and manufacture of steel pipes and tubes and steel castings.

Products manufactured by company

  • Hot Rolled Coils/Plates/Sheets
  • Steel
  • Galvanised Plain/Corrugated Sheets & Coils
  • Fabrication of Chemical, Pharmaceuticals & Others
  • C R Coils/Sheets

Milestones

  • 1970 - The company was incorporated as a private limited company on April 27 under the name of Gupta Tubes and Pipes.
  • 1977 - The company entered into the field of design and fabrication of shell and tube heat exchangers.
  • 1978 - A separate Air Drying Plant (ADP) division to cater to users of air and gas drying systems was started in August. The company also set up a full-fledged design department during the year.
  • 1982 - In April a full-fledged project division was established.
  • 1985 - The name of the company was changed to Lloyds Steel Industries on September 10th. The company's status was changed to that of public limited company with effect from 3rd June, 1986. The company set up its first work shop at Andheri, a suburb of Mumbai.
  • 1986 - The company undertook modernization of its existing workshops at Andheri and Murbad.
  • 1988 - A new unit was set up at Murbad as a part of expansion of the existing activities and the company entered into technical tie-ups with 8 internationally renowned companies in the engineering sector.
  • 1989 - All the 3 units viz., Andheri, Murbad I and II as also 5 major project sites were equipped with integrated fabrication facilities including heat treatment, metal forming stress relieving automatic plate bending, etc. A network of committed ancillary units for various machinery and allied jobs were developed. - Technical arrangements were made with Mannesmann Demag Huttentechnik Metallgeuinnung (MDH), a division of Mannesmann Demag AG, West Germany for manufacture, procurement, supply and demonstration of performance guarantees of imported equipment and for deputation of MDH personnel to supervise erection and commissioning of plant and to train the company's personnel. The agreement provides for a payment of DM 42,140,000 in five instalments to MDH.
  • 1990 - The company incurred capital expenditure of Rs 555 lakhs on further expansion and modernization of units at Andheri and Murbad and at four project sites.
  • 1992 - The company proposed to set up a plant to manufacture 2.25 lakh tonnes of cold rolled coils and one lakh tonnes of galvanised plain/corrugated (GP/GC) sheets.
  • 1995 - The company launched galvanized sheets/coils which were well received in the market. To boost exports, the company undertook to promote an overseas body at U.K.
  • 1996 - The company entered into technical collaboration agreements with: (i) With Vosper Thornycroft (U.K.), England for the manufacture of steering gears and non-retractable in stabilizers for the Indian Navy for their war ships. (ii) With FMC Europe SA, France for the manufacture of marine loading arms; and (iii) With Bailieboro Co-op. Engineering, Ireland for the manufacture of dairy equipment.
  • 1998 - Lloyds Steel’s merger with its subsidiary. Lloyds Steel Industries has entered into an agreement with Western Coalfields (WCL) for opening an underground mine exclusively for the use of Lloyds Steel.
  • 1999 - Power Engineering Corporation, an Irish company, will pick up a 24 per cent stake in the coal-based, captive power company being set up by Lloyds Steel Industries (LSIL) called Vidarbha Power
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