Vinyoflex Ltd
Incorporated in 1996, Vinyoflex Ltd. is engaged in the manufacturing and selling of PVC Sheeting (Vinyl Films) such as PVC Leather Cloth, PVC Sheetings Films, Precision Investment Casting.
- Market Cap ₹ 46.2 Cr.
- Current Price ₹ 107
- High / Low ₹ 143 / 66.7
- Stock P/E 11.3
- Book Value ₹ 65.0
- Dividend Yield 0.00 %
- ROCE 16.0 %
- ROE 14.0 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Company is almost debt free.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 10.7% over past five years.
- Company has a low return on equity of 10.7% 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: Plastic products Industry: Plastics Products
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
27.25 | 29.88 | 33.10 | 32.18 | 28.86 | 31.08 | 33.77 | 38.99 | 37.70 | 34.73 | 42.77 | 56.08 | 48.06 | |
25.57 | 28.04 | 31.00 | 29.49 | 26.12 | 28.04 | 30.82 | 36.13 | 33.84 | 32.14 | 39.44 | 50.74 | 42.07 | |
Operating Profit | 1.68 | 1.84 | 2.10 | 2.69 | 2.74 | 3.04 | 2.95 | 2.86 | 3.86 | 2.59 | 3.33 | 5.34 | 5.99 |
OPM % | 6.17% | 6.16% | 6.34% | 8.36% | 9.49% | 9.78% | 8.74% | 7.34% | 10.24% | 7.46% | 7.79% | 9.52% | 12.46% |
0.06 | 0.08 | 0.05 | 0.08 | 0.16 | 0.03 | 0.11 | 0.05 | 0.04 | 0.12 | 0.06 | 0.02 | 0.17 | |
Interest | 0.46 | 0.48 | 0.50 | 0.51 | 0.29 | 0.28 | 0.21 | 0.15 | 0.17 | 0.20 | 0.36 | 0.33 | 0.23 |
Depreciation | 0.28 | 0.30 | 0.31 | 0.29 | 0.25 | 0.26 | 0.27 | 0.30 | 0.32 | 0.29 | 0.29 | 0.37 | 0.44 |
Profit before tax | 1.00 | 1.14 | 1.34 | 1.97 | 2.36 | 2.53 | 2.58 | 2.46 | 3.41 | 2.22 | 2.74 | 4.66 | 5.49 |
Tax % | 34.00% | 33.33% | 32.84% | 27.92% | 33.90% | 33.20% | 27.52% | 28.05% | 26.10% | 25.68% | 25.55% | 25.54% | |
0.66 | 0.76 | 0.91 | 1.41 | 1.56 | 1.69 | 1.87 | 1.77 | 2.51 | 1.65 | 2.03 | 3.47 | 4.10 | |
EPS in Rs | 1.53 | 1.76 | 2.11 | 3.26 | 3.61 | 3.91 | 4.33 | 4.10 | 5.81 | 3.82 | 4.70 | 8.03 | 9.49 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 11% |
3 Years: | 14% |
TTM: | -12% |
Compounded Profit Growth | |
---|---|
10 Years: | 16% |
5 Years: | 13% |
3 Years: | 11% |
TTM: | 31% |
Stock Price CAGR | |
---|---|
10 Years: | 29% |
5 Years: | 31% |
3 Years: | 53% |
1 Year: | 45% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 11% |
3 Years: | 11% |
Last Year: | 14% |
Balance Sheet
Figures in Rs. Crores
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 | 4.32 | 4.32 | 4.32 | 4.32 | 4.32 | 4.32 | 4.32 | 4.32 | 4.32 | 4.32 | 4.32 | 4.32 | 4.32 |
Reserves | 2.88 | 3.64 | 4.55 | 5.68 | 7.24 | 8.93 | 10.80 | 12.57 | 15.08 | 16.72 | 18.76 | 22.22 | 23.74 |
3.70 | 5.03 | 6.72 | 5.30 | 4.65 | 4.02 | 4.01 | 4.16 | 5.38 | 5.72 | 7.42 | 5.19 | 1.15 | |
5.99 | 6.87 | 5.68 | 5.11 | 2.49 | 2.49 | 1.94 | 3.94 | 3.50 | 3.16 | 3.97 | 3.59 | 2.62 | |
Total Liabilities | 16.89 | 19.86 | 21.27 | 20.41 | 18.70 | 19.76 | 21.07 | 24.99 | 28.28 | 29.92 | 34.47 | 35.32 | 31.83 |
2.79 | 2.75 | 2.60 | 2.16 | 2.13 | 2.11 | 2.31 | 2.54 | 2.64 | 2.51 | 5.76 | 6.54 | 6.59 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
14.10 | 17.11 | 18.67 | 18.25 | 16.57 | 17.65 | 18.76 | 22.45 | 25.64 | 27.41 | 28.71 | 28.78 | 25.24 | |
Total Assets | 16.89 | 19.86 | 21.27 | 20.41 | 18.70 | 19.76 | 21.07 | 24.99 | 28.28 | 29.92 | 34.47 | 35.32 | 31.83 |
Cash Flows
Figures in Rs. Crores
Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
0.84 | -0.80 | 0.00 | 2.25 | 1.23 | 0.78 | 0.43 | 0.54 | -0.76 | 2.73 | 3.79 | 1.60 | |
-0.51 | -0.12 | 0.00 | -0.19 | -0.30 | -0.32 | -0.23 | -0.54 | -0.30 | -2.90 | -3.47 | -1.12 | |
-0.18 | 0.88 | 0.00 | -1.94 | -0.92 | -0.90 | -0.22 | 0.00 | 1.06 | 0.14 | -0.36 | -0.33 | |
Net Cash Flow | 0.15 | -0.04 | 0.00 | 0.13 | 0.01 | -0.45 | -0.02 | 0.00 | 0.00 | -0.03 | -0.04 | 0.15 |
Ratios
Figures in Rs. Crores
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 | 131.27 | 142.92 | 154.93 | 145.52 | 135.58 | 136.11 | 149.05 | 152.22 | 179.79 | 185.60 | 165.90 | 137.27 |
Inventory Days | 46.14 | 60.31 | 43.28 | 55.01 | 67.33 | 86.49 | 66.50 | 61.67 | 76.74 | 89.22 | 96.68 | 61.45 |
Days Payable | 81.50 | 85.54 | 60.48 | 56.30 | 19.07 | 29.97 | 19.51 | 31.56 | 27.22 | 36.47 | 37.37 | 23.82 |
Cash Conversion Cycle | 95.91 | 117.69 | 137.73 | 144.24 | 183.83 | 192.63 | 196.03 | 182.32 | 229.30 | 238.34 | 225.20 | 174.90 |
Working Capital Days | 105.95 | 122.28 | 141.26 | 144.39 | 172.76 | 174.40 | 181.91 | 173.37 | 213.38 | 254.23 | 211.56 | 163.36 |
ROCE % | 13.97% | 13.56% | 12.95% | 16.06% | 16.82% | 16.79% | 15.33% | 12.99% | 15.62% | 9.39% | 10.83% | 16.04% |
Documents
Announcements
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Compliance Certificate Under Regulation 40(9)
1d - Compliance Certificate Under Regulation 40(9) of SEBI (LODR) Regulations 2015 for the Year ended March, 31, 2024
- Compliance-57 (5) : intimation after the end of quarter 8 Apr
- Non-Applicability Of Regulation 32(1) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015. 8 Apr
- Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 4 Apr
- Compliance Certificate Under Regulation 7(3) Of The SEBI (LODR) Regulations, 2015 For The Year Ended March 31, 2024 4 Apr
Annual reports
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2010
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Financial Year 2009
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Financial Year 2008
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Products and Application:[1]
The company's product range includes PVC films and sheets both plain and printed, flexible rigid & semi rigid for application such as rainwear, shower curtains, file cover, table covers, car matt, stationary products, refrigerator cover, cable wrap tape, insulation tape, vinyl wall cover, blood bag, urine bag etc.