Virat Crane Industries Ltd

Virat Crane Industries Ltd

₹ 62.0 -0.03%
29 May 2:00 p.m.
About

Incorporated in 1995, Virate Crane Industries Ltd does procurement and processing of Milk and Milk Products[1]

Key Points

Business Overview:[1][2]
Company is a part of Crane Group. It processes milk and manufactures & sells dairy products viz. ghee, curd, paneer, milk, butter milk, etc. in Andhra Pradesh, Odisha and Karnataka

  • Market Cap 127 Cr.
  • Current Price 62.0
  • High / Low 74.9 / 25.6
  • Stock P/E 19.4
  • Book Value 28.2
  • Dividend Yield 0.00 %
  • ROCE 14.9 %
  • ROE 15.2 %
  • Face Value 10.0

Pros

Cons

  • The company has delivered a poor sales growth of 7.00% over past five years.
  • Company has a low return on equity of 12.8% 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.

Peer comparison

Sector: FMCG Industry: Food - Processing - Indian

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Quarterly Results

Standalone Figures in Rs. Crores / View Consolidated

Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
22.11 23.31 18.17 23.52 27.99 26.40 29.43 28.91 32.86 31.92 32.63 29.37 36.43
20.21 20.31 16.31 21.10 25.77 24.55 26.97 26.49 30.45 30.33 30.04 27.28 33.23
Operating Profit 1.90 3.00 1.86 2.42 2.22 1.85 2.46 2.42 2.41 1.59 2.59 2.09 3.20
OPM % 8.59% 12.87% 10.24% 10.29% 7.93% 7.01% 8.36% 8.37% 7.33% 4.98% 7.94% 7.12% 8.78%
0.00 0.10 0.07 0.01 0.13 0.07 0.10 0.06 -10.26 0.00 0.00 0.06 0.00
Interest 0.05 0.08 0.09 0.08 0.05 0.08 0.08 0.09 0.31 0.09 0.13 0.12 0.16
Depreciation 0.08 0.09 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08 0.08
Profit before tax 1.77 2.93 1.76 2.27 2.22 1.76 2.40 2.31 -8.24 1.42 2.38 1.95 2.96
Tax % 25.42% 27.99% 25.00% 25.11% 25.23% 26.70% 25.00% 25.11% -6.43% 25.35% 25.21% 25.13% 25.34%
1.32 2.11 1.31 1.70 1.66 1.29 1.80 1.73 -8.77 1.06 1.78 1.46 2.22
EPS in Rs 0.65 1.03 0.64 0.83 0.81 0.63 0.88 0.85 -4.29 0.52 0.87 0.71 1.09
Raw PDF
Upcoming result date: tomorrow

Profit & Loss

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 TTM
36 34 46 63 60 71 88 85 85 85 96 123 130
34 31 43 54 52 68 77 75 76 76 88 114 121
Operating Profit 1 3 2 9 9 4 10 10 9 9 8 9 9
OPM % 4% 8% 5% 14% 14% 5% 12% 12% 11% 10% 9% 7% 7%
-0 0 0 0 0 0 0 0 0 0 0 -10 0
Interest 0 1 0 1 0 0 1 0 0 0 0 1 0
Depreciation 0 0 0 0 0 0 0 0 0 0 0 0 0
Profit before tax 1 2 2 8 9 4 10 10 8 8 8 -2 9
Tax % 18% 36% 34% 33% 34% 36% 35% 29% 26% 26% 26% -121%
1 1 1 5 6 2 6 7 6 6 6 -4 7
EPS in Rs 0.28 0.69 0.69 2.63 2.80 1.12 3.04 3.33 3.03 2.97 2.92 -2.00 3.19
Dividend Payout % 0% 73% 72% 0% 36% 45% 33% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 14%
5 Years: 7%
3 Years: 13%
TTM: 11%
Compounded Profit Growth
10 Years: 19%
5 Years: 7%
3 Years: 11%
TTM: 11%
Stock Price CAGR
10 Years: 24%
5 Years: 18%
3 Years: 35%
1 Year: 97%
Return on Equity
10 Years: 14%
5 Years: 14%
3 Years: 13%
Last Year: 15%

Balance Sheet

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023 Sep 2023
Equity Capital 20 20 20 20 20 20 20 20 20 20 20 20 20
Reserves 1 2 3 7 9 10 14 19 26 32 38 34 37
0 1 1 0 0 1 4 3 3 3 3 7 6
8 8 10 10 10 13 17 8 9 8 9 14 18
Total Liabilities 30 31 34 38 39 44 56 52 58 64 70 75 81
11 12 12 12 13 14 19 18 18 18 18 18 18
CWIP 0 0 0 0 0 0 0 0 0 2 8 18 19
Investments 4 4 4 4 4 4 4 4 4 4 4 0 0
15 15 18 22 22 25 33 29 36 40 41 38 43
Total Assets 30 31 34 38 39 44 56 52 58 64 70 75 81

Cash Flows

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
2 1 3 3 7 4 4 1 1 7 4 8
-0 -2 -1 -0 -1 -2 -5 -0 -0 -2 -6 -11
-1 1 -3 -2 -5 -2 2 -1 -0 -6 0 3
Net Cash Flow 1 -0 -0 1 0 0 1 -0 1 -1 -2 -0

Ratios

Standalone Figures in Rs. Crores / View Consolidated

Mar 2012 Mar 2013 Mar 2014 Mar 2015 Mar 2016 Mar 2017 Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Debtor Days 7 5 7 6 5 7 17 18 21 29 34 25
Inventory Days 15 35 28 31 25 33 62 52 91 70 70 74
Days Payable 31 27 36 17 25 46 55 31 37 36 36 51
Cash Conversion Cycle -9 13 -1 21 5 -6 24 40 75 63 68 49
Working Capital Days 56 12 11 21 15 7 16 40 62 59 58 46
ROCE % 7% 13% 11% 33% 31% 13% 30% 25% 19% 16% 14% 15%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
73.38% 73.38% 73.37% 74.35% 74.35% 74.50% 74.50% 74.50% 74.50% 74.50% 74.50% 74.50%
0.06% 0.06% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
26.56% 26.56% 26.63% 25.65% 25.65% 25.52% 25.50% 25.50% 25.50% 25.49% 25.50% 25.50%
No. of Shareholders 5,3085,4694,8574,6664,7685,0685,0125,0304,9464,6704,6275,088

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

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

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