Vijay Solvex Ltd
Incorporated in 1987, Vijay Solvex Ltd is a manufacturer of Edible Oil and vanaspati ghee and also deals in ceramics products and wind power[1]
- Market Cap ₹ 304 Cr.
- Current Price ₹ 948
- High / Low ₹ 1,387 / 728
- Stock P/E 16.5
- Book Value ₹ 1,067
- Dividend Yield 0.00 %
- ROCE 7.35 %
- ROE 5.55 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.86 times its book value
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 4.81% over past five years.
- Company has a low return on equity of 3.92% 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
768 | 662 | 685 | 879 | 1,226 | 1,448 | 2,070 | 2,716 | 2,430 | 1,829 | 1,831 | |
755 | 648 | 669 | 859 | 1,200 | 1,412 | 1,991 | 2,644 | 2,409 | 1,825 | 1,804 | |
Operating Profit | 13 | 14 | 16 | 20 | 26 | 36 | 78 | 72 | 21 | 4 | 27 |
OPM % | 2% | 2% | 2% | 2% | 2% | 2% | 4% | 3% | 1% | 0% | 1% |
-0 | 0 | 1 | 0 | 2 | 2 | 8 | 11 | 8 | 3 | 2 | |
Interest | 6 | 5 | 2 | 3 | 7 | 8 | -4 | 4 | 4 | 1 | 3 |
Depreciation | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 |
Profit before tax | 6 | 8 | 14 | 16 | 19 | 27 | 89 | 76 | 22 | 4 | 22 |
Tax % | 20% | 30% | 34% | 36% | 34% | 25% | 25% | 25% | 24% | 28% | 18% |
5 | 5 | 9 | 10 | 13 | 21 | 67 | 57 | 17 | 3 | 18 | |
EPS in Rs | 14.49 | 16.89 | 28.20 | 32.07 | 39.78 | 64.54 | 208.49 | 179.23 | 53.11 | 9.18 | 57.55 |
Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 9% |
5 Years: | 5% |
3 Years: | -12% |
TTM: | 0% |
Compounded Profit Growth | |
---|---|
10 Years: | 14% |
5 Years: | -2% |
3 Years: | -32% |
TTM: | 547% |
Stock Price CAGR | |
---|---|
10 Years: | 22% |
5 Years: | 34% |
3 Years: | -24% |
1 Year: | 3% |
Return on Equity | |
---|---|
10 Years: | 11% |
5 Years: | 11% |
3 Years: | 4% |
Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
Reserves | 76 | 81 | 103 | 123 | 131 | 154 | 238 | 323 | 316 | 319 | 338 |
60 | 64 | 61 | 97 | 80 | 85 | 116 | 148 | 38 | 9 | 33 | |
24 | 23 | 22 | 23 | 28 | 42 | 53 | 43 | 48 | 43 | 39 | |
Total Liabilities | 163 | 172 | 190 | 246 | 243 | 284 | 411 | 516 | 405 | 375 | 414 |
15 | 15 | 16 | 16 | 18 | 20 | 22 | 24 | 22 | 35 | 38 | |
CWIP | 10 | 10 | 10 | 10 | 10 | 11 | 10 | 10 | 15 | 10 | 11 |
Investments | 17 | 17 | 51 | 60 | 57 | 61 | 83 | 117 | 103 | 103 | 103 |
121 | 130 | 114 | 160 | 158 | 192 | 296 | 366 | 264 | 227 | 262 | |
Total Assets | 163 | 172 | 190 | 246 | 243 | 284 | 411 | 516 | 405 | 375 | 414 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
44 | 4 | 23 | -38 | 53 | 47 | -22 | 41 | 71 | 31 | ||
1 | -0 | -18 | 0 | -14 | -6 | -58 | 74 | -54 | 1 | ||
-46 | -2 | -5 | 32 | -25 | -7 | 29 | 28 | -113 | -32 | ||
Net Cash Flow | -1 | 1 | -0 | -5 | 14 | 35 | -51 | 143 | -97 | -0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 14 | 14 | 15 | 21 | 14 | 9 | 7 | 6 | 6 | 4 | 5 |
Inventory Days | 17 | 40 | 28 | 33 | 16 | 9 | 19 | 19 | 12 | 15 | 25 |
Days Payable | 9 | 9 | 7 | 6 | 5 | 8 | 7 | 4 | 5 | 5 | 4 |
Cash Conversion Cycle | 22 | 45 | 36 | 49 | 25 | 10 | 19 | 21 | 14 | 14 | 25 |
Working Capital Days | 42 | 53 | 44 | 56 | 30 | 20 | 29 | 23 | 17 | 18 | 26 |
ROCE % | 9% | 10% | 10% | 12% | 15% | 28% | 19% | 6% | 1% | 7% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Newspaper Publication
1d - Newspaper copies of the Mint (English Daily) and Business Remedies (Hindi Daily) both dated 31.05.2025, in which the Audited Standalone and Consolidated Financial Results of …
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Announcement under Regulation 30 (LODR)-Change in Management
2d - Approved audited financials; appointed cost and secretarial auditors for FY 2025-26.
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Announcement under Regulation 30 (LODR)-Change in Management
2d - Approved FY25 audited results; appointed cost and secretarial auditors for FY26 onwards.
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Audited Standalone And Consolidated Financial Results For The Quarter And Year Ended March 31, 2025
2d - Audited FY25 financials approved; new cost and secretarial auditors appointed for FY26 onwards.
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Board Meeting Outcome for Outcome Of Board Meeting Held On 30.05.2025
2d - Approved audited FY25 financial results; appointed cost and secretarial auditors for FY26 onwards.
Annual reports
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Financial Year 2024
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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 2011
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Financial Year 2010
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Business Overview:[1][2]
VSL is the flagship company of Edible Oil Division of Data Group of Companies. It does processing of crude and refined edible oil, Vanaspati Ghee and mustard oil cake from mustard seeds and sells De-oiled cake (DOC); a by-product produced through further processing of mustard oil cake. It also sells refined blended edible oils. Apart from this, company deals in Bone China Crockery, Ceramic Gift items, High tension Porcelain Insulators and Wind Power generation