Vijay Textiles Ltd Stock Analysis

BSE: 530151 | NSE: | Textile | Small Cap

BSE Share Price May 20, 16:33
33.30 -0.65 (-1.91%)

DeciZen - Make an Informed Decision on Vijay Textiles

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FAQs

1. Is Vijay Textiles Ltd a good quality company?

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

2. Is Vijay Textiles Ltd undervalued or overvalued?

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

3. Is Vijay Textiles Ltd a good buy now?

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

Analysis of Financial Track Record

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.
Vijay Textiles 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'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
ROCE % 5.5%5.1%6.1%-1.8%5.5%7.3%8.7%6%2.1%-4%-
Value Creation Index -0.6-0.6-0.6-1.1-0.6-0.5-0.4-0.6-0.9-1.3-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 99.792.610689.310811611094.965.825.228
YoY Gr. Rt. %--7.1%14.5%-15.8%20.9%7.5%-4.9%-14%-30.6%-61.7%-
Adj EPS -2.6-1.11.7-16.80.93.56.12-3.8-13.1-8.8
YoY Gr. Rt. %-NANA-1073.8%NA269.2%75.8%-67.7%-291.4%NA-
BVPS (₹) 60.960.662.445.14646.752.757.553.84543.2
Adj Net Profit -3-1.32-19.31.14.683-5.8-23.9-16
Cash Flow from Ops. 9.3-2334.30.513.510.711.77.222.426.1-
Debt/CF from Ops. 19.7-7.14.4316.213.118.71828.598.2-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -14.2%-25.2%-38.9%-61.7%
Adj EPS NA-269.2%-228.9%NA
BVPS -3.3-0.4-5.1-16.2
Share Price 4% -2.3% 7% -10.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'12Mar'13Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21TTM
Return on Equity % -3.2-1.11.6-17.21.15.512.33.1-4.7-23.3-20
Op. Profit Mgn % 28.628.521.610.427.125.831.231.230.7-49-35.4
Net Profit Mgn % -3-1.41.9-21.613.97.33.2-8.8-94.8-57.1
Debt to Equity 1.51.41.31.71.73.33.12.32.52.6-
Working Cap Days 5337007078477417678871,1171,6864,2930
Cash Conv. Cycle 4675495366555856217311,1651,4243,7990

Recent Performance Summary

Sales growth is good in last 4 quarters at 19.35%

Return on Equity is Poor

Sales growth has been subdued in last 3 years -38.86%

Debt to equity has increased versus last 3 years average to 2.59

Latest Financials - Vijay Textiles Ltd.

Standalone Consolidated
TTM EPS (₹) -8.8 -
TTM Sales (₹ Cr.) 28.3 -
BVPS (₹.) 43.2 -
Reserves (₹ Cr.) 61 -
P/BV 0.79 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 28.00 / 58.80
All Time Low / High (₹) 4.42 / 162.83
Market Cap (₹ Cr.) 62.2
Equity (₹ Cr.) 18.3
Face Value (₹) 10
Industry PE 13.3

Management X-Ray of Vijay Textiles :

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *64.4864.4850.2750.2750.2750.2750.2750.2750.2750.27
* Pledged shares as % of Promoter's holding (%)

Event Update

Analyst's Notes

News

About Vijay Textiles Ltd

Vijay Textiles (VTL) was incorporated on February 2, 1990 and subsequently converted into a public limited company for which it obtained a fresh certificate of incorporation on 17 June 1994.

The company manufactures and markets finished fabrics under the brand name of ‘Vijay’ throughout India.

VTL established its brand name in the domestic market and created a strong sales network for its brand of products. With this strong backdrop it then ventured into full-fledged manufacturing of processed textiles by setting up its own facilities in June 1993 and commenced the operations from September 1993 onwards.

The process house of the company was setup at APIIC Developed Industrial Estate in Kattedan, Hyderabad on land admeasuring 2 acres fully-owned by the company. The manufacturing facility at Kattedan was in operation up to June 2006, after which it was converted as a premise that can be used for all India wholesale trade operations, facilitating dispatching of goods to the dealers across the country.

Consequent to government directives, the company decided to set a new manufacturing facility at Rajapoor Village, Balanagar Mandal, Mahaboobnagar district. The new unit was conceived to keep pace with technological advancements and with a commitment to ecology for locating the unit in the backdrop of a green belt in an extremely environment friendly ambience. This new facility gave the company an edge to expand its manufacturing facilities and add many more value-added products.

VTL had also set up additional facilities for production of wider width of cloth at the Rajapoor factory site. The company has its corporate office situated at Secunderabad.

The company also has its own factory retail outlet at its premises at Secunderabad, main focus being on Mega Retail Mall Concept.

It has also entered into a new line of business i.e. development of infrastructure projects. Under this, it has undertaken a project namely ‘Tech-Park’, which offers office area on lease to software/IT companies.

Products Curtains, bed linen and upholstery.

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