Vijay Solvex Ltd
Vijay Solvex Limited (VSL) was incorporated in 1987 by Mr. Niranjan Lal Data and his family. VSL is engaged in processing crude and refined edible oil, Vanaspati Ghee, and mustard oil cake from mustard seeds. The company sells De-oiled cake (DOC); a by-product produced through further processing of mustard oil cake. The company also sells refined blended edible oils. VSL is also engaged in wind power generation, manufacturing of fine bone china crockery, and High Tension (HT) porcelain insulators. [1]
- Market Cap ₹ 266 Cr.
- Current Price ₹ 830
- High / Low ₹ 2,265 / 627
- Stock P/E 17.7
- Book Value ₹ 879
- Dividend Yield 0.00 %
- ROCE 6.70 %
- ROE 5.49 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
- Stock is trading at 0.94 times its book value
- Company's working capital requirements have reduced from 23.3 days to 17.6 days
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
* 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: Edible Oil Industry: Solvent Extraction
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
759 | 957 | 1,032 | 768 | 662 | 685 | 879 | 1,226 | 1,448 | 2,070 | 2,716 | 2,430 | |
747 | 943 | 1,014 | 755 | 648 | 669 | 859 | 1,200 | 1,412 | 1,991 | 2,644 | 2,409 | |
Operating Profit | 13 | 14 | 18 | 13 | 14 | 16 | 20 | 26 | 36 | 78 | 72 | 21 |
OPM % | 2% | 1% | 2% | 2% | 2% | 2% | 2% | 2% | 2% | 4% | 3% | 1% |
1 | 1 | 0 | -0 | 0 | 1 | 0 | 2 | 2 | 6 | 8 | 6 | |
Interest | 8 | 7 | 7 | 6 | 5 | 2 | 3 | 7 | 8 | -4 | 4 | 4 |
Depreciation | 2 | 2 | 2 | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 |
Profit before tax | 3 | 6 | 8 | 6 | 8 | 14 | 16 | 19 | 27 | 87 | 73 | 20 |
Tax % | 14% | 24% | 25% | 20% | 30% | 34% | 36% | 34% | 25% | 26% | 26% | 26% |
Net Profit | 2 | 4 | 6 | 5 | 5 | 9 | 10 | 13 | 21 | 64 | 54 | 15 |
EPS in Rs | 7.65 | 13.99 | 19.92 | 14.49 | 16.86 | 27.95 | 32.04 | 39.75 | 64.07 | 200.65 | 169.05 | 46.93 |
Dividend Payout % | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% | -0% |
Compounded Sales Growth | |
---|---|
10 Years: | 10% |
5 Years: | 23% |
3 Years: | 19% |
TTM: | -11% |
Compounded Profit Growth | |
---|---|
10 Years: | 13% |
5 Years: | 8% |
3 Years: | -10% |
TTM: | -72% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | 18% |
3 Years: | 58% |
1 Year: | -62% |
Return on Equity | |
---|---|
10 Years: | 15% |
5 Years: | 18% |
3 Years: | 19% |
Last Year: | 5% |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | |
Reserves | 62 | 67 | 73 | 77 | 83 | 100 | 111 | 123 | 144 | 209 | 263 | 278 |
97 | 97 | 97 | 60 | 64 | 61 | 97 | 80 | 85 | 116 | 148 | 38 | |
36 | 44 | 44 | 24 | 23 | 22 | 23 | 28 | 42 | 53 | 43 | 47 | |
Total Liabilities | 198 | 211 | 217 | 164 | 173 | 186 | 233 | 235 | 274 | 381 | 457 | 366 |
20 | 18 | 15 | 15 | 15 | 16 | 16 | 18 | 20 | 22 | 24 | 22 | |
CWIP | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 10 | 11 | 10 | 10 | 15 |
Investments | 18 | 18 | 18 | 18 | 18 | 46 | 46 | 48 | 49 | 53 | 58 | 65 |
151 | 166 | 173 | 121 | 130 | 115 | 161 | 159 | 193 | 297 | 366 | 263 | |
Total Assets | 198 | 211 | 217 | 164 | 173 | 186 | 233 | 235 | 274 | 381 | 457 | 366 |
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 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
12 | 15 | 7 | 44 | 4 | 23 | -38 | 53 | 46 | -22 | 41 | ||
3 | 4 | 4 | 1 | -0 | -18 | 0 | -14 | -6 | -58 | 74 | ||
-13 | -11 | -12 | -46 | -2 | -5 | 32 | -25 | -5 | 29 | 28 | ||
Net Cash Flow | 2 | 8 | -1 | -1 | 1 | -0 | -5 | 14 | 35 | -51 | 143 |
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 | 17 | 15 | 13 | 14 | 14 | 15 | 21 | 14 | 9 | 7 | 6 | 6 |
Inventory Days | 24 | 24 | 29 | 17 | 40 | 28 | 33 | 16 | 9 | 19 | 19 | 12 |
Days Payable | 16 | 15 | 14 | 9 | 9 | 7 | 6 | 5 | 8 | 7 | 4 | 4 |
Cash Conversion Cycle | 26 | 24 | 28 | 22 | 45 | 36 | 49 | 25 | 10 | 19 | 21 | 14 |
Working Capital Days | 55 | 43 | 42 | 42 | 53 | 45 | 57 | 30 | 21 | 29 | 23 | 18 |
ROCE % | 7% | 8% | 9% | 8% | 9% | 10% | 10% | 12% | 16% | 29% | 21% | 7% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
2d - In compliance of provisions of Regulation 47 of the SEBI (LODR) Regulations, 2015, we are enclosing herewith the newspaper copies of the Mint (English Daily) …
- Disclosure Of Related Party Transactions For The Half Year Ended March 31, 2023 30 May
- 1. Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended March 31, 2023 30 May
- Board Meeting Outcome for Outcome Of Board Meeting Held On 30Th May, 2023 30 May
- Board Meeting Intimation for Inter-Alia, To Consider And Approve The Audited Standalone And Consolidated Financial Results Of The Company For The Quarter And Year Ended March 31, 2023 19 May
Annual reports
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Financial Year 2022
from bse
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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 2011
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Financial Year 2010
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Products and Brands
Edible Oil Division-leading regional player in edible oil and Vanaspati ghee under the brand names of ‘Scooter’, ‘Chancellor’, ‘Oligo’, ‘Shiv’, ‘Sikandar’, ‘Neeraj’ and ‘Hanuman’.
Ceramic Division- fine bone china tableware, Decorative Ceramic Items, Grey Insulators, and H.T. Porcelain Insulators [1]