Vippy Spinpro Ltd - Stock Valuation and Financial Performance

BSE: 514302 | NSE: | Textile - Spinning | Small Cap

Vippy Spinpro Share Price

160.30 -3.65 -2.23%
as on 12-Jul'24 16:01

DeciZen - make an informed investing decision on Vippy Spinpro

M-Cap below 100cr DeciZen not available

Vippy Spinpro stock performance -

mw4me loader
P/E Ratio (SA):
21.67
Market Cap:
94.3 Cr.
52-wk low:
133.5
52-wk high:
214.5

Is Vippy Spinpro Ltd an attractive stock to invest in?

1. Is Vippy Spinpro Ltd a good quality company?

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

2. Is Vippy Spinpro Ltd undervalued or overvalued?

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

3. Is Vippy Spinpro Ltd a good buy now?

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

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.
Vippy Spinpro 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 % 9.2%9.4%9.7%7.8%7.6%9.1%7.6%8%19.6%12.5%-
Value Creation
Index
-0.3-0.3-0.3-0.4-0.5-0.4-0.5-0.40.4-0.1-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 99.894.587.898.110511411187.6139156250
Sales YoY Gr.--5.3%-7.1%11.8%7.2%8%-2.6%-20.9%59.2%12.1%-
Adj EPS 5.65.55.355.47.66.36.620.517.97.4
YoY Gr.--1.1%-4.2%-5.3%8.6%39.9%-16.4%4.4%209.1%-12.6%-
BVPS (₹) 38.544.149.355.661.368.875.182102.9121.5129.6
Adj Net
Profit
3.33.23.12.93.24.53.73.91210.54
Cash Flow from Ops. 0.712.26.9-9.15.3-0.511.55.4-6.826.7-
Debt/CF from Ops. 38.310.7-1.73.4-37.70.70.5-21.1-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales 5.1%8.3%12.2%12.1%
Adj EPS 13.9%27%41.3%-12.6%
BVPS13.6%14.7%17.4%18.1%
Share Price 29.2% 33.4% 36.7% 8.7%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
15.613.311.39.59.311.78.88.422.115.95.9
Op. Profit
Mgn %
7.98.27.55.677.75.97.912.110.77.1
Net Profit
Mgn %
3.33.43.5333.93.44.48.66.71.7
Debt to
Equity
1.10.50.20.50.50.50.20.10.20.40.4
Working Cap
Days
12813012012714315316319114814249
Cash Conv.
Cycle
11411510310812112814217513012128

Recent Performance Summary

Sales growth is growing at healthy rate in last 3 years 12.20%

Net Profit is growing at healthy rate in last 3 years 41.31%

Sales growth is good in last 4 quarters at 64.23%

Return on Equity has declined versus last 3 years average to 5.90%

Latest Financials - Vippy Spinpro Ltd.

Standalone Consolidated
TTM EPS (₹) 7.4 -
TTM Sales (₹ Cr.) 250 -
BVPS (₹.) 129.6 -
Reserves (₹ Cr.) 70 -
P/BV 1.24 -
PE 21.67 -
From the Market
52 Week Low / High (₹) 133.50 / 214.50
All Time Low / High (₹) 0.15 / 217.70
Market Cap (₹ Cr.) 94.3
Equity (₹ Cr.) 5.9
Face Value (₹) 10
Industry PE 29.2

Management X-Ray of Vippy Spinpro:

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 Vippy Spinpro

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
Sales99.8494.5187.7698.07105.15113.55110.6687.57139.43156.32
Operating Expenses 92.0586.7981.2192.5797.79104.76104.1580.65122.57139.62
Manufacturing Costs7.837.718.177.977.577.926.957.048.227.50
Material Costs75.7470.2764.0274.1579.4885.2985.1663.35101.22118.05
Employee Cost 1.972.212.353.293.323.553.623.423.764.50
Other Costs 6.516.606.667.157.428.018.426.839.379.57
Operating Profit 7.797.726.555.507.368.796.516.9316.8616.70
Operating Profit Margin (%) 7.8%8.2%7.5%5.6%7.0%7.7%5.9%7.9%12.1%10.7%
Other Income 0.700.740.651.410.480.340.630.381.071.12
Interest 1.401.090.490.360.971.030.800.310.260.52
Depreciation 2.472.612.151.871.952.101.811.561.342.90
Exceptional Items 0000000000
Profit Before Tax 4.624.764.564.674.925.994.535.4316.3314.40
Tax 1.441.511.461.351.501.520.751.474.163.69
Profit After Tax 3.183.253.093.323.434.473.793.9712.1710.71
PAT Margin (%) 3.2%3.4%3.5%3.4%3.3%3.9%3.4%4.5%8.7%6.9%
Adjusted EPS (₹)5.45.55.35.75.87.66.56.820.718.3
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 22.6025.8628.9532.6135.9740.3944.0648.1460.3871.32
Share Capital 5.875.875.875.875.875.875.875.875.875.87
Reserves 16.7319.9923.0826.7430.1034.5238.1942.2754.5165.45
Minority Interest0000000000
Debt22.279.853.0614.1116.8719.337.802.5313.7129.02
Long Term Debt4.412.571.060.262.421.620.900.180.3026.80
Short Term Debt17.867.29213.8514.4617.716.902.3513.412.22
Trade Payables0.480.110.370.080.332.6311.381.611.25
Others Liabilities 8.127.286.725.125.186.325.485.845.5213.38
Total Liabilities 53.4743.1039.1151.9358.3568.6758.3557.8881.23114.97

Fixed Assets

Gross Block40.2040.5440.9112.5119.3720.5820.1219.9619.9672.89
Accumulated Depreciation24.8827.4329.581.873.705.767.558.9610.2913
Net Fixed Assets15.3213.1111.3310.6415.6714.8312.57119.6759.89
CWIP 0000.030.310.10004.370.08
Investments 0.120.040.040.610.460.420.230.280.230.38
Inventories20.4916.3016.5125.8822.4829.5722.1326.7137.3128.12
Trade Receivables13.379.967.418.5412.9917.8920.6817.2021.5219.83
Cash Equivalents 0.390.080.050.010.060.030.160.160.010.02
Others Assets3.783.603.766.226.385.832.592.538.116.65
Total Assets 53.4743.1039.1151.9358.3568.6758.3557.8881.23114.97

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 0.6512.236.93-9.145.29-0.5311.495.38-6.7926.66
PBT 4.644.764.574.674.925.994.535.4316.3314.40
Adjustment 3.763.512.422.052.502.832.061.781.132.55
Changes in Working Capital -4.746.892.15-14.26-0.67-8.046.16-0.6-20.7513.42
Tax Paid -1.62-1.84-1.72-1.60-1.47-1.31-1.27-1.24-3.50-3.71
Cash Flow From Investing Activity -0.40-0.13-0.16-1.07-6.84-0.7610.21-3.74-47.96
Capex -0.52-0.29-0.37-1.18-6.99-1.040.500.01-4.37-48.74
Net Investments 00000.0300000
Others 0.110.160.210.110.120.280.500.200.630.78
Cash Flow From Financing Activity -0.02-12.42-6.7910.191.601.27-12.35-5.5910.3821.31
Net Proceeds from Shares 0000000000
Net Proceeds from Borrowing -2.48-1.85-1.500000000
Interest Paid 000-0.36-0.97-1.03-0.80-0.31-0.26-0.52
Dividend Paid 0000000000
Others 2.46-10.57-5.2910.552.572.30-11.56-5.2810.6421.83
Net Cash Flow 0.23-0.31-0.03-0.030.04-0.030.130-0.140.01
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)15.1613.4211.2910.791011.728.978.6122.4316.27
ROCE (%)13.1213.7714.1712.3711.6112.39.4311.1326.5917.11
Asset Turnover Ratio1.931.962.142.151.911.791.741.5121.59
PAT to CFO Conversion(x)0.23.762.24-2.751.54-0.123.031.36-0.562.49
Working Capital Days
Receivable Days39453630375064795148
Inventory Days787168798484851028476
Payable Days3211168754

Vippy Spinpro Ltd Stock News

Vippy Spinpro Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vippy Spinpro on 12-Jul-2024 16:01 is ₹160.3.
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-Jul-2024 16:01 the market cap of Vippy Spinpro stood at ₹94.33.
The latest P/E ratio of Vippy Spinpro as of 12-Jul-2024 16:01 is 21.67.
The latest P/B ratio of Vippy Spinpro as of 12-Jul-2024 16:01 is 1.24.
The 52-week high of Vippy Spinpro is ₹214.5 and the 52-week low is ₹133.5.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vippy Spinpro is ₹249.6 ( Cr.) .

About Vippy Spinpro Ltd

Vippy Spinpro established in 1992, is in the business of manufacturing cotton yarn for different applications by rotor spinning. The company operates one of the leading open-end spinning mill in India. It has ISO-9001: 2000 certification from BVQI.

Products

  • NE 5.5's 100% Virgin Cotton OE Yarn
  • NE 6's 100% Virgin Cotton OE Yarn
  • NE 7's 100% Virgin Cotton OE Yarn
  • NE 8's 100% Virgin Cotton OE Yarn
  • NE 10's 100% Virgin Cotton OE Yarn
  • NE 12's 100% Virgin Cotton OE Yarn
  • NE 16's 100% Virgin Cotton OE Yarn
  • 2 to 5 ply of NE 5's to NE 10's counts

The company customers include manufacturers of denim, terry towel, bottom weights, surgical cloth, industrial fabrics and furnishings.

It manufacturing facility is located at Works Office 14-A, Industrial Area No.1, A. B. Road, Dewas -455001, Madhya Pradesh.

The company also exports its products to Bangladesh and Hong Kong.

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