Vallabh Steels Ltd - Stock Valuation and Financial Performance

BSE: 513397 | NSE: | Steel & Iron Products | Small Cap

Vallabh Steels Share Price

14.14 -0.28 -1.94%
as on 12-Apr'24 10:16

DeciZen - make an informed investing decision on Vallabh Steels

M-Cap below 100cr DeciZen not available

Vallabh Steels stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
7 Cr.
52-wk low:
4.5
52-wk high:
21

Is Vallabh Steels Ltd an attractive stock to invest in?

1. Is Vallabh Steels Ltd a good quality company?

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

2. Is Vallabh Steels Ltd undervalued or overvalued?

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

3. Is Vallabh Steels Ltd a good buy now?

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

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.
Vallabh Steels 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 % 5.4%5.8%4.6%4.4%3.8%3.4%-20.6%-36.4%-21.9%-31%-
Value Creation
Index
-0.6-0.6-0.7-0.7-0.7-0.8-2.5-3.6NANA-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 17013814212013811740.45.90.900
Sales YoY Gr.--18.8%3.1%-15.5%15%-15.3%-65.5%-85.4%-84.3%-100%-
Adj EPS 5.24.62.81.51.80.5-35.7-42.5-18.7-20.3-7.8
YoY Gr.--12.2%-40%-44.2%18.2%-73.1%-7375.5%NANANA-
BVPS (₹) 91.885.888.594.289.378.643.30.9-17.8-38.1-41
Adj Net
Profit
2.62.31.40.80.90.2-17.7-21.1-9.2-10.1-4
Cash Flow from Ops. -2.28.88.719.28.31.3-6.40.2-2.20-
Debt/CF from Ops. -19.75.75.62.4430.8-7.3220.1-21.30-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -100%-100%-100%-100%
Adj EPS -216.3%-262%NANA
BVPS-190.7%-184.4%-195.8%NA
Share Price -2.2% -13.9% 16.3% 205.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
5.95.23.21.720.6-58.5-192.4220.672.719.7
Op. Profit
Mgn %
3.83.94.674.85.1-28.3-315.7-7930NAN
Net Profit
Mgn %
1.51.710.60.70.2-43.7-356.3-990.30-INF
Debt to
Equity
11.21.110.812.2107.4-5.3-2.5-
Working Cap
Days
1962141872071631925082,46110,68200
Cash Conv.
Cycle
1541731451471211594151,6285,53700

Recent Performance Summary

No data to display

Return on Equity has declined versus last 3 years average to 19.70%

Sales growth has been subdued in last 3 years -100.00%

Sales growth is not so good in last 4 quarters at 0.00%

Latest Financials - Vallabh Steels Ltd.

Standalone Consolidated
TTM EPS (₹) -7.8 -
TTM Sales (₹ Cr.) 0 -
BVPS (₹.) -41 -
Reserves (₹ Cr.) -25 -
P/BV -0.35 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 4.51 / 20.99
All Time Low / High (₹) 3.50 / 65.90
Market Cap (₹ Cr.) 7
Equity (₹ Cr.) 5
Face Value (₹) 10
Industry PE 26.6

Management X-Ray of Vallabh Steels:

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 Vallabh Steels

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
Sales169.60137.70141.92119.98137.93116.8740.355.910.930
Operating Expenses 163.23132.29135.45111.56131.32110.9051.7824.568.338.55
Manufacturing Costs8.3111.5210.6311.7916.2519.0715.205.414.097.70
Material Costs150.85117.15121.7496.45110.2787.0930.102.131.040.20
Employee Cost 2.962.361.972.102.992.953.182.130.810.55
Other Costs 1.101.261.111.231.811.783.3114.902.380.10
Operating Profit 6.375.406.478.426.605.97-11.43-18.65-7.40-8.55
Operating Profit Margin (%) 3.8%3.9%4.6%7.0%4.8%5.1%-28.3%-315.0%-793.0%-
Other Income 00.07000.110.020.620.010.010.01
Interest 3.024.234.114.773.343.443.750.200.010
Depreciation 1.100.730.633.052.712.352.852.341.921.58
Exceptional Items 0000000000
Profit Before Tax 2.240.511.730.600.670.20-17.41-21.18-9.32-10.12
Tax -0.35-1.770.36-0.16-0.27-0.04-0.19-0.13-0.09-0.05
Profit After Tax 2.602.281.360.760.940.24-17.22-21.05-9.24-10.07
PAT Margin (%) 1.5%1.7%1.0%0.6%0.7%0.2%-42.7%-356.0%-990.0%-
Adjusted EPS (₹)5.24.62.81.51.90.5-34.8-42.5-18.7-20.3
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 45.4342.4543.8246.6044.2038.8921.450.43-8.81-18.87
Share Capital 4.954.954.954.954.954.954.954.954.954.95
Reserves 40.4837.5038.8741.6539.2533.9416.50-4.52-13.76-23.82
Minority Interest0000000000
Debt43.4150.6848.3244.9032.3438.0446.5446.4546.3346.33
Long Term Debt5.059.148.649.165.304.255.725.725.725.72
Short Term Debt38.3641.5339.6835.7427.0433.7840.8240.7240.6140.61
Trade Payables32.4311.1820.6413.289.055.960.360.310.140.14
Others Liabilities 4.592.104.763.223.054.160.970.12-0.050.04
Total Liabilities 125.86106.41117.53108.0188.6487.0569.3147.3037.6127.63

Fixed Assets

Gross Block51.8051.6966.3767.6267.4773.4072.6672.6870.3670.36
Accumulated Depreciation36.9542.9343.3446.3949.0351.3854.2256.5658.4960.06
Net Fixed Assets14.858.7623.0321.2318.4422.0218.4416.1211.8710.30
CWIP 07.941.1801.6700.880.880.880.88
Investments 4.855.205.207.246.320.240.090.090.090.09
Inventories18.6514.5914.3414.2616.3419.0512.4011.358.360.59
Trade Receivables76.7854.8364.3247.5539.8141.8323.735.563.092.78
Cash Equivalents 2.936.782.2612.302.232.030.260.170.200.02
Others Assets7.798.317.205.423.821.9013.5113.1213.1212.97
Total Assets 125.86106.41117.53108.0188.6487.0569.3147.3037.6127.63

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity -2.218.828.7319.178.291.27-6.410.21-2.180
PBT 2.240.511.730.600.670.20-17.22-21.05-9.32-10.12
Adjustment -2.244.804.747.764.095.806.492.561.931.58
Changes in Working Capital -1.943.692.410.713.43-4.674.4818.765.228.54
Tax Paid -0.27-0.18-0.140.100.09-0.06-0.16-0.0500
Cash Flow From Investing Activity 6.37-8.02-8.14-0.08-2.14-3.76-0.15-0.022.320
Capex 6.37-7.73-8.14-0.08-1.52-4.26-0.15-0.022.320
Net Investments 0-0.3500-0.620.500000
Others 00.0700000000
Cash Flow From Financing Activity -3.933.04-5.10-9.06-16.222.284.79-0.28-0.120
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -0.394.090.86-0.38-4.27-1.061.47000
Interest Paid -3.02-4.23-4.11-4.74-3.25-3.40-3.72-0.1800
Dividend Paid 0000000000
Others -0.523.17-1.86-3.94-8.706.747.04-0.10-0.120
Net Cash Flow 0.233.84-4.5110.04-10.07-0.20-1.77-0.090.020
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)5.885.183.161.692.070.59-57.07-192.42N/AN/A
ROCE (%)5.995.216.295.824.734.68-18.69-36.53N/AN/A
Asset Turnover Ratio1.521.331.421.21.451.330.520.10.020
PAT to CFO Conversion(x)-0.853.876.4225.228.825.29N/AN/AN/AN/A
Working Capital Days
Receivable Days1331561361511121272969041,6920
Inventory Days4139333939551427343,8570
Payable Days212527503731385779250

Vallabh Steels Ltd Stock News

Vallabh Steels Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vallabh Steels on 12-Apr-2024 10:16 is ₹14.14.
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 12-Apr-2024 10:16 the market cap of Vallabh Steels stood at ₹7.00.
The latest P/E ratio of Vallabh Steels as of 12-Apr-2024 10:16 is 0.00.
The latest P/B ratio of Vallabh Steels as of 12-Apr-2024 10:16 is -0.35.
The 52-week high of Vallabh Steels is ₹20.99 and the 52-week low is ₹4.51.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vallabh Steels is ₹0.00 ( Cr.) .

About Vallabh Steels Ltd

Vallabh Steels (VLS), incepted in 1981 and a Vallabh Group company, is renowned across the globe as a leading exporter of Galvanised Pipes from India, having attained Export House status from the Government of India

VSL is one of India’s leading manufacturers of MS ERW Black and Galvanised Pipes, having a capacity of 7500 TPA, in a size range of 1/2' to 4' (15 mm to 100 mm), in light and medium class, as per IS: 1239 (Part-I) 2004, BS 1387/85, BS 1139 and DIN specifications, suitable for various industrial and household applications.

VSL also produces Precision Tubes made of CRCA, to meet the needs of the Automobile Industry and the General Engineering Industry. Vallabh Steels is renowned across the globe as a leading exporter of Galvanised Pipes from India, having attained Export House status from the Government of India. Apart from tubes, VSL produces CR coils and stripe in varying widths of up to 1020 mm, and with a thickness ranging from 0.14 mm to 3.00 mm, catering to the precise requirements of the Automobile Sector, White Goods Sector and the General Engineering Industry.

VSL is having modern manufacturing facilities to manufacture ERW pipes. The state-of-the-art mills are capable to cater to the diverse application needs of the customers.

Other group companies:

Vardhman Industries Ltd. Vardhman Industries Ltd.(VIL) is an established name nationally & internationally as one of the leading manufacturers of Galvanised Sheets/Coils, Colour Coated Sheets and Coils, confirming to International standards.

VIL also produces CR Coils & Strips catering to the precise requirements of Automotive Sector, White Goods and General Engineering Industry. VIL is also a Engineering Export Promotion Council (EEPC) award winner in its category, which speaks volumes about its stature and credibility in the industry.

Vallabh Textiles Co. Ltd.   Most recent and upcoming business venture of Vallabh Group is VTCL, which is in the process of establishing of an integrated cotton yarn spinning and Terry Towel unit in Distt. Ludhiana with an investment of Rs.125 Crores (US $32million).

VTCL is proposing to install 12060 ring spindles, alongwith 258 rotors for manufacturing of Ring Spun Yarn and Open End Yarn alognwith 20 numbers Dobby Looms for piece dyed towels and 16 numbers Jacquard Looms for manufacturing high end yarn dyed sheared towels, by installation of machines of reputed indigenous and overseas suppliers for cotton yarn production of 4200MT per annum and 3500MT of towels per annum.

The project has already been approved and recognised by the State Government of Punjab, under the Mega Project Scheme.

Product range of the company includes:

  • Galvanised/Black Pipes - Vallabh Steels Ltd. manufactures Mild Steel ERW Black and Galvanised Pipes, suitable for various Industrial  and Household applications.
  • Precision Tubes - Vallabh Steels Ltd. manufactures Precision Tubes made of CRCA suitable for Automobile Industry and the General Engineering Industry.

Achievements/ recognition:

  • Recognised Export House in the year 2005
  • Award for Export Excellence in the year 2003
  • ISO 9001:2000 Accreditation in the year 2000
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.