Vijay Textiles Ltd - Stock Valuation and Financial Performance

BSE: 530151 | NSE: | Textile | Small Cap

Vijay Textiles Share Price

17.48 -0.93 -5.05%
as on 28-Mar'24 16:01

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Vijay Textiles stock performance -

mw4me loader
P/E Ratio (SA):
0.00
Market Cap:
33.7 Cr.
52-wk low:
17.8
52-wk high:
32.9

Is Vijay Textiles Ltd an attractive stock to invest in?

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 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 Overvalued 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
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.
Vijay Textiles Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Value Creation Index Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
ROCE % 6.1%-1.8%5.5%7.3%8.7%6%2.1%-4%-1.8%-0.4%-
Value Creation
Index
-0.6-1.1-0.6-0.5-0.4-0.6-0.9-1.3-1.1-1.0-

Growth Parameters

Growth Parameters Colour Code Guide

Sales 10689.310811611094.965.825.225.925.721
Sales YoY Gr.--15.8%20.9%7.5%-4.9%-14%-30.6%-61.7%2.9%-0.8%-
Adj EPS 1.7-16.80.93.56.12-3.8-13.1-8.6-3.5-3
YoY Gr.--1073.8%NA269.2%75.8%-67.7%-291.4%NANANA-
BVPS (₹) 62.445.14646.752.757.553.84538.835.335
Adj Net
Profit
2-19.31.14.683-5.8-23.9-15.7-6.5-5
Cash Flow from Ops. 34.30.513.510.711.77.222.426.1-169.9-
Debt/CF from Ops. 4.4316.213.118.71828.598.2-13.822.3-

CAGR

CAGR Colour Code Guide

9 Years 5 Years 3 Years 1 Years
Sales -14.6%-25.3%-26.9%-0.8%
Adj EPS -208.4%-189.7%NANA
BVPS-6.1%-7.7%-13.1%-9%
Share Price 9.7% -8.4% -22.4% -38.4%

Key Financial Parameters

Performance Ratio Colour Code Guide

Mar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23TTM
Return on
Equity %
1.6-17.21.15.512.33.1-4.7-23.3-19.4-9.1-8.5
Op. Profit
Mgn %
21.610.427.125.831.231.230.7-49-11.312.513.1
Net Profit
Mgn %
1.9-21.613.97.33.2-8.8-94.8-60.4-25.2-26
Debt to
Equity
1.31.71.73.33.12.32.52.63.13.42.3
Working Cap
Days
7078477417678871,1171,6864,2934,0274,0303,788
Cash Conv.
Cycle
5366555856217311,1651,4243,7993,4803,3402,009

Recent Performance Summary

No data to display

Return on Equity is Poor

Sales growth has been subdued in last 3 years -26.88%

Debt to equity has increased versus last 3 years average to 3.42

Sales growth is not so good in last 4 quarters at -24.05%

Latest Financials - Vijay Textiles Ltd.

Standalone Consolidated
TTM EPS (₹) -3 -
TTM Sales (₹ Cr.) 21.1 -
BVPS (₹.) 35 -
Reserves (₹ Cr.) 46 -
P/BV 0.53 -
PE 0.00 -
From the Market
52 Week Low / High (₹) 17.80 / 32.87
All Time Low / High (₹) 4.42 / 162.83
Market Cap (₹ Cr.) 33.7
Equity (₹ Cr.) 18.3
Face Value (₹) 10
Industry PE 27.9

Management X-Ray of Vijay Textiles:

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *50.2750.2750.2750.2750.2750.2750.2750.2750.2750.27
* Pledged shares as % of Promoter's holding (%)

Event Update

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Analyst's Notes

Key Ratios of Vijay Textiles

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
Sales106.0389.26107.90115.96110.2994.8565.8125.2125.9325.73
Operating Expenses 83.0979.9678.7486.0275.8965.2745.6037.6628.8522.56
Manufacturing Costs10.808.219.889.839.1811.059.358.097.765.46
Material Costs61.0459.8356.7262.5252.5342.6426.7218.7711.5610.89
Employee Cost 54.894.995.936.376.226.175.154.974.48
Other Costs 6.257.037.157.737.815.363.365.654.551.73
Operating Profit 22.939.2929.1729.9534.4029.5820.21-12.45-2.923.17
Operating Profit Margin (%) 21.6%10.4%27.0%25.8%31.2%31.2%30.7%-49.4%-11.3%12.3%
Other Income 5.100.340.633.531.421.050.490.127.150.54
Interest 21.2920.4120.2221.8322.1021.9017.7516.6414.657.74
Depreciation 6.038.808.507.427.016.597.596.5965.03
Exceptional Items 0000000000
Profit Before Tax 0.72-19.571.084.236.722.14-4.64-35.56-16.42-9.06
Tax -1.26-0.300.07-0.34-1.31-0.871.13-11.60-4.91-2.53
Profit After Tax 1.98-19.271.014.578.033.01-5.76-23.96-11.51-6.53
PAT Margin (%) 1.9%-21.6%0.9%3.9%7.3%3.2%-8.8%-95.0%-44.4%-25.4%
Adjusted EPS (₹)1.7-16.80.93.56.12.0-3.8-13.1-6.3-3.6
Dividend Payout Ratio (%)0%0%0%0%16%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 121.70101.87105.6461.2669.1587.9382.1882.4271.0564.62
Share Capital 61.5061.5064.2613.1313.1315.2915.2918.3118.3118.31
Reserves 60.2040.3741.3848.1456.0272.6466.8964.1252.7446.32
Minority Interest0000000000
Debt132.19158.04161.52180.90194.24186.61182.33183.32210.49210.42
Long Term Debt48.13100.96104.86113.20126.65118.39114.64116.27146.69148.42
Short Term Debt84.0657.0756.6667.7067.5968.2267.6867.0563.8062
Trade Payables14.5914.9918.2519.2417.4918.0717.9718.9620.7022.59
Others Liabilities 36.3728.4931.2676.3273.9079.58101.5073.3341.7844.97
Total Liabilities 304.86303.39316.66337.72354.78372.20383.98358.03344.02342.60

Fixed Assets

Gross Block128.66130.81136.15137.24139.05140.38155.09153.46133.92132.69
Accumulated Depreciation34.5141.9150.2757.1963.5070.0877.6483.1976.9081.04
Net Fixed Assets94.1588.9185.8980.0575.5670.2977.4570.2857.0251.65
CWIP 3.940.6900000.2100.190.29
Investments 0000000000
Inventories103.6286.4990.46110.22130.99139.81127.53113.92110.25103.62
Trade Receivables75.4795.37114.71119.25122.28141.85160.03154.06152.82156.88
Cash Equivalents 0.385.770.680.400.260.230.160.841.447.43
Others Assets27.2926.1724.9227.8125.6920.0218.6018.9422.3122.73
Total Assets 304.86303.39316.66337.72354.78372.20383.98358.03344.02342.60

Cash Flow

(All Figures are in Crores.)
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Cash Flow From Operating Activity 34.260.5413.5310.6711.707.1522.4326.10-169.91
PBT 0.72-19.571.084.236.722.14-4.64-35.56-16.42-9.06
Adjustment 22.3528.9428.5628.1227.9728.0225.3123.3916.0612.36
Changes in Working Capital 11.99-8.83-16.1-21.69-22.98-22.781.7638.7-15.436.61
Tax Paid -0.810000-0.230-0.43-0.210
Cash Flow From Investing Activity 1.75-0.64-4.69-1.50-2.45-1.29-0.390.299.350.21
Capex -0.17-4.12-5.48-1.55-2.48-1.32-0.440.259.320.11
Net Investments 00000-0.010000
Others 1.923.490.790.050.040.050.050.040.040.10
Cash Flow From Financing Activity -36.255.48-13.93-9.46-9.39-5.90-22.11-25.717.25-4.12
Net Proceeds from Shares 002.764.88000000
Net Proceeds from Borrowing -15.0652.833.89-5.2112.017.94-1.701.6330.421.72
Interest Paid -21.29-20.41-20.22-20.17-21.23-13.84-16.79-16.63-16.93-1.75
Dividend Paid 0000000000
Others 0.10-26.94-0.3611.04-0.170-3.62-10.71-6.24-4.09
Net Cash Flow -0.245.38-5.08-0.29-0.13-0.03-0.070.680.605.99
PARTICULARSMar'14Mar'15Mar'16Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23
Ratios
ROE (%)2.8-31.191.928.0112.313.84-6.77-29.11-15.01-9.62
ROCE (%)7.90.317.679.5910.667.914.04-6.1-0.59-0.45
Asset Turnover Ratio0.350.290.350.350.320.260.170.070.070.08
PAT to CFO Conversion(x)17.3N/A13.42.331.462.38N/AN/AN/AN/A
Working Capital Days
Receivable Days2353493553684005088372,2742,1592,195
Inventory Days3413892993163995217411,7481,5771,516
Payable Days6290107109128152246359626726

Vijay Textiles Ltd Stock News

Vijay Textiles Ltd FAQs

Company share prices are keep on changing according to the market conditions. The closing price of Vijay Textiles on 28-Mar-2024 16:01 is ₹17.48.
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 Vijay Textiles stood at ₹33.70.
The latest P/E ratio of Vijay Textiles as of 28-Mar-2024 16:01 is 0.00.
The latest P/B ratio of Vijay Textiles as of 28-Mar-2024 16:01 is 0.53.
The 52-week high of Vijay Textiles is ₹32.87 and the 52-week low is ₹17.80.
The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of Vijay Textiles is ₹21.11 ( Cr.) .

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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