Valiant Organics Ltd - Stock Valuation and Financial Performance

BSE: 540145 | NSE: VALIANTORG | Chemicals | Small Cap

Valiant Organics Share Price

379.80 -5.85 -1.52%
as on 28-Mar'24 16:01

DeciZen - make an informed investing decision on Valiant Organics

Overall Rating
Bole Toh

1. Quality

2. Valuation

Fair

3. Price Trend

Valiant Organics stock performance -

mw4me loader
P/E Ratio (CD):
27.14
Market Cap:
1,047.3 Cr.
52-wk low:
374
52-wk high:
635.2

Is Valiant Organics Ltd an attractive stock to invest in?

1. Is Valiant Organics Ltd a good quality company?

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

2. Is Valiant Organics Ltd undervalued or overvalued?

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

3. Is Valiant Organics Ltd a good buy now?

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

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.
Valiant Organics 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 % 0%0%0%0%0%38%27.8%18.8%13.7%9.2%-
Value Creation
Index
NANANANANA1.71.00.40.0-0.4-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 000006926757551,1531,052818
Sales YoY Gr.-NANANANANA-2.5%11.8%52.8%-8.8%-
Adj EPS 0000011250.442.34231.314
YoY Gr.-NANANANANA-55%-16.1%-0.9%-25.4%-
BVPS (₹) 00000213.9158.8184.8225.7253.4253.8
Adj Net
Profit
000001311221151148539
Cash Flow from Ops. 0000076161115-30.8238-
Debt/CF from Ops. 000001.10.91.8-11.81.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales NANA15.9%-8.8%
Adj EPS NANA-14.7%-25.4%
BVPSNANA16.9%12.3%
Share Price - -12.8% -31.6% -7.1%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
0000050.737.825.820.413.15.5
Op. Profit
Mgn %
0000026.226.827.217.815.711.7
Net Profit
Mgn %
0000017.318.517.411.29.54.7
Debt to
Equity
000000.30.40.40.60.4-
Working Cap
Days
00000012012412116288
Cash Conv.
Cycle
0000004034608111

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 15.94%

Return on Equity has declined versus last 3 years average to 5.50%

Net Profit has been subdued in last 3 years -14.68%

Sales growth is not so good in last 4 quarters at -28.17%

Latest Financials - Valiant Organics Ltd.

Standalone Consolidated
TTM EPS (₹) 12.3 14
TTM Sales (₹ Cr.) 728 818
BVPS (₹.) 244.5 253.8
Reserves (₹ Cr.) 647 672
P/BV 1.55 1.50
PE 31.00 27.14
From the Market
52 Week Low / High (₹) 373.95 / 635.20
All Time Low / High (₹) 132.00 / 1925.50
Market Cap (₹ Cr.) 1,047
Equity (₹ Cr.) 27.6
Face Value (₹) 10
Industry PE 47

Management X-Ray of Valiant Organics:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.230.240.240.240.240.240.240.210.400.21
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Valiant Organics

Adj EPS (Rs.)

Sales (Cr.)

ROE (%)

ROCE (%)

Profit And Loss

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Sales6926757551,1531,052
Operating Expenses 512494550948888
Manufacturing Costs806178112118
Material Costs394393402762678
Employee Cost 1823293746
Other Costs 2018403746
Operating Profit 180181205205164
Operating Profit Margin (%) 26.0%26.7%27.2%17.8%15.6%
Other Income 96678
Interest 435611
Depreciation 1416213029
Exceptional Items 00005
Profit Before Tax 171168185176137
Tax 5042544835
Profit After Tax 121126131128103
PAT Margin (%) 17.5%18.7%17.3%11.1%9.8%
Adjusted EPS (₹)113.651.042.241.732.5
Dividend Payout Ratio (%)5%11%12%8%3%

Balance Sheet

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23

Equity and Liabilities

Shareholders Fund 251388503613689
Share Capital 614282828
Reserves 245374475586661
Minority Interest121363651
Debt77125185328229
Long Term Debt44847510671
Short Term Debt3341110222158
Trade Payables7488107131166
Others Liabilities 35557584106
Total Liabilities 4486698761,1921,239

Fixed Assets

Gross Block229371625656811
Accumulated Depreciation8095116113140
Net Fixed Assets150276510543670
CWIP 661294611271
Investments 12236841
Inventories484572114126
Trade Receivables141133157321254
Cash Equivalents 41331458
Others Assets2851544968
Total Assets 4486698761,1921,239

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 76161115-31238
PBT 171168185176137
Adjustment 1212263640
Changes in Working Capital -6022-49-20189
Tax Paid -47-42-47-42-28
Cash Flow From Investing Activity -88-184-159-124-143
Capex -89-205-171-121-115
Net Investments -223120-33
Others 2-21-35
Cash Flow From Financing Activity 12749167-112
Net Proceeds from Shares 000230
Net Proceeds from Borrowing 0471463-35
Interest Paid -4-1-5-6-11
Dividend Paid -10-26-70-12
Others 1574786-54
Net Cash Flow -115512-17
PARTICULARSMar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)48.3339.6529.4922.9515.77
ROCE (%)51.2539.430.6821.6615.28
Asset Turnover Ratio1.541.210.981.120.87
PAT to CFO Conversion(x)0.631.280.88-0.242.31
Working Capital Days
Receivable Days75747076100
Inventory Days2525282942
Payable Days6975895780

Valiant Organics Ltd Stock News

Valiant Organics Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Valiant Organics on 28-Mar-2024 16:01 is ₹379.8.
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 Valiant Organics stood at ₹1,047.3.
The latest P/E ratio of Valiant Organics as of 28-Mar-2024 16:01 is 31.00.
The latest P/B ratio of Valiant Organics as of 28-Mar-2024 16:01 is 1.55.
The 52-week high of Valiant Organics is ₹635.2 and the 52-week low is ₹373.9.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Valiant Organics is ₹727.6 ( Cr.) .

About Valiant Organics Ltd

The company was incorporated as Valiant Organics Private Limited on February 16, 2005 under the Companies Act, 1956 and having its Registered Office in Mumbai, Maharashtra. Subsequently, the status of the company was changed to a public limited company and the name of the company was changed to Valiant Organics Limited vide special resolution dated November 26, 2014. A fresh Certificate of Incorporation consequent upon change of name was issued on July 31, 2015 by the Registrar of Companies, Mumbai in Maharashtra.

The company’s factory is well equipped with latest technology and advanced instruments in order to meet the international standards of quality which is well accepted not only by Indian customers, but also by its overseas customers in Europe, United States of America and Asia. It also offers customised specification of Chlorophenols as per the customer needs. The company’s manufacturing unit is strategically located at Sarigam in UmbergaonTaluka in Valsad District which is approximately at a distance of 180 kms from its main export port - NhavaSheva Port (JNPT) and approximately 155 kms from its office in Mumbai.

Over the years the company has built its goodwill amongst its customers and export markets and the demand for its products are more than its supply capacity, hence, it begun the process of applying with the government agencies to augment its production capacities upto 21,600 metric tonnes over the next few years in a phased manner. These expansion activities would be financed through its owned Net worth and internal accruals or certain amount of banking facilities or a combination of the same.It operates a single location manufacturing facility at Sarigam Industrial Estate having an installed capacity of 4,800 metric tonnes per annum.

Business area of the company

The company is a chemical manufacturing company with focus on manufacturing and marketing of different types of chlorophenol which is a chemical which has several applications mainly into agro-chemical industry, pharmaceutical industry, dyes industry, manufacturing of cosmetics and veterinary drugs.

Major Events

  • 2005: Incorporation as Private Limited Company.
  • 2005: Acquired assets and business of Valiant Chemical Corporation (partnership firm).
  • 2008: Explored US overseas markets by commencing exports.
  • 2013: Acquired additional plots, namely Plot No. 752, 753 and 754 at Sarigam.
  • 2013: Increase in installed capacity from 3000 MTPA to 4800 MTPA.
  • 2014: Explored Japan overseas markets by commencing exports.
  • 2015: Converted into a Public Limited Company.
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