Vippy Spinpro Ltd

₹ 120 0.00%
05 Dec 4:00 p.m.
About

Vippy Spinpro is mainly engaged in the manufacturing of cotton yam. The Company specializes in slub yams, fancy yarns, multi count yarns and multi twist yarns, waxed yarn plied yarn etc.

  • Market Cap 70.4 Cr.
  • Current Price 120
  • High / Low 168 / 91.1
  • Stock P/E 4.64
  • Book Value 119
  • Dividend Yield 0.00 %
  • ROCE 26.2 %
  • ROE 22.1 %
  • Face Value 10.0

Pros

  • Company has reduced debt.
  • Company is almost debt free.
  • Stock is trading at 1.01 times its book value
  • Company has delivered good profit growth of 32.5% CAGR over last 5 years

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • The company has delivered a poor sales growth of 7.29% over past five years.
  • Company has a low return on equity of 13.8% over last 3 years.

* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.

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Quarterly Results

Figures in Rs. Crores

Sep 2019 Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
27.96 25.33 25.27 10.71 19.50 25.98 31.39 33.08 35.29 34.81 36.24 44.66 31.56
26.32 23.94 23.70 11.44 18.43 23.61 27.16 30.13 29.43 31.22 31.78 37.40 26.36
Operating Profit 1.64 1.39 1.57 -0.73 1.07 2.37 4.23 2.95 5.86 3.59 4.46 7.26 5.20
OPM % 5.87% 5.49% 6.21% -6.82% 5.49% 9.12% 13.48% 8.92% 16.61% 10.31% 12.31% 16.26% 16.48%
0.07 0.14 0.12 0.02 0.11 0.16 0.08 0.06 0.18 0.39 0.43 0.12 0.36
Interest 0.15 0.05 0.15 0.19 0.05 0.03 0.05 0.03 0.17 0.04 0.01 0.15 -0.00
Depreciation 0.47 0.41 0.46 0.39 0.39 0.39 0.39 0.33 0.33 0.33 0.33 0.30 0.30
Profit before tax 1.09 1.07 1.08 -1.29 0.74 2.11 3.87 2.65 5.54 3.61 4.55 6.93 5.26
Tax % 22.94% 26.17% -11.11% 0.78% -1.35% 19.91% 27.65% 25.28% 25.27% 24.93% 26.15% 25.25% 25.10%
Net Profit 0.82 0.79 1.20 -1.28 0.75 1.70 2.80 1.98 4.14 2.70 3.35 5.19 3.94
EPS in Rs 1.40 1.35 2.04 -2.18 1.28 2.90 4.77 3.37 7.05 4.60 5.71 8.84 6.71
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 TTM
89 102 89 100 95 88 98 105 114 111 88 139 147
82 95 81 92 87 81 93 98 105 104 81 123 127
Operating Profit 7 7 8 8 8 7 5 7 9 7 7 17 21
OPM % 8% 7% 9% 8% 8% 7% 6% 7% 8% 6% 8% 12% 14%
0 1 1 1 1 1 1 0 0 1 0 1 1
Interest 2 2 3 1 1 0 0 1 1 1 0 0 0
Depreciation 3 3 3 2 3 2 2 2 2 2 2 1 1
Profit before tax 3 3 4 5 5 5 5 5 6 5 5 16 20
Tax % 33% 31% 29% 31% 32% 32% 29% 30% 25% 16% 27% 25%
Net Profit 2 2 2 3 3 3 3 3 4 4 4 12 15
EPS in Rs 3.48 3.99 4.26 5.42 5.54 5.26 5.66 5.84 7.61 6.46 6.76 20.73 25.86
Dividend Payout % -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0% -0%
Compounded Sales Growth
10 Years: 3%
5 Years: 7%
3 Years: 7%
TTM: 17%
Compounded Profit Growth
10 Years: 18%
5 Years: 32%
3 Years: 39%
TTM: 43%
Stock Price CAGR
10 Years: 27%
5 Years: 21%
3 Years: 49%
1 Year: 9%
Return on Equity
10 Years: 13%
5 Years: 13%
3 Years: 14%
Last Year: 22%

Balance Sheet

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Sep 2022
6 6 6 6 6 6 6 6 6 6 6 6 6
Reserves 9 11 14 17 20 23 27 30 35 38 42 55 64
24 27 25 25 12 5 15 18 20 9 3 14 -0
8 6 6 6 6 6 4 5 8 6 7 7 9
Total Liabilities 46 50 50 53 43 39 52 58 69 58 58 81 79
18 16 17 15 13 11 11 16 15 13 11 10 9
CWIP -0 1 0 -0 -0 -0 0 0 0 -0 -0 4 12
Investments 0 0 0 0 0 0 1 0 0 0 0 0 0
27 33 33 38 30 28 41 42 53 45 47 67 57
Total Assets 46 50 50 53 43 39 52 58 69 58 58 81 79

Cash Flows

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
-2 -2 5 1 12 7 -9 5 -1 11 5 -7
-2 -1 -3 -0 -0 -0 -1 -7 -1 1 0 -4
3 3 -2 -0 -12 -7 10 2 1 -12 -6 10
Net Cash Flow -0 -0 -0 0 -0 -0 -0 0 -0 0 -0 -0

Ratios

Figures in Rs. Crores

Mar 2011 Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Debtor Days 33 35 34 49 38 31 32 45 58 68 72 56
Inventory Days 94 88 125 99 85 94 127 103 127 95 154 135
Days Payable 7 4 5 2 1 2 0 2 11 4 8 6
Cash Conversion Cycle 120 119 154 145 123 123 159 147 173 159 218 185
Working Capital Days 78 90 105 111 90 88 121 128 145 129 163 142
ROCE % 13% 12% 14% 13% 14% 14% 11% 11% 12% 9% 11% 26%

Shareholding Pattern

Numbers in percentages

Dec 2019 Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022
63.84 65.16 65.17 65.68 65.94 66.53 66.58 66.58 66.58 66.58 66.58 66.57
0.07 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.06 0.06
36.08 34.78 34.76 34.26 34.00 33.41 33.36 33.36 33.36 33.36 33.36 33.35

* The XBRL reporting format changed from Sep'2022 onwards. The new format added details about banks and foreign portfolio investors. These were not available earlier.
The sudden increase in FII or DII might be because of these changes.

Please click on the line-items to see the names of individual entities.

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