Vitesse Agro Ltd

Vitesse Agro Ltd

₹ 11.3 -4.96%
29 Apr - close price
About

Incorporated in 1980, Vitesse Agro Ltd manufactures and sells Dairy products[1]

Key Points

Business Overview:[1]
Company is engaged in Dairy farming, from extracting Milk from cows and distributing to sweet shops, retailers, different establishments and households

  • Market Cap 5.11 Cr.
  • Current Price 11.3
  • High / Low 25.3 / 11.3
  • Stock P/E 511
  • Book Value 17.8
  • Dividend Yield 0.00 %
  • ROCE 0.32 %
  • ROE 0.13 %
  • Face Value 10.0

Pros

  • Stock is trading at 0.64 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has a low return on equity of 9.23% over last 3 years.
  • Company might be capitalizing the interest cost
  • Promoter holding has decreased over last 3 years: -11.1%
  • Working capital days have increased from 61.2 days to 124 days

* 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: Trading Industry: Trading

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Quarterly Results

Figures in Rs. Crores

Mar 2020 Jun 2020 Sep 2020 Dec 2020 Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
2.10 1.63 3.65 11.19 3.53 4.31 4.32 4.84 4.93 4.80 4.00 4.47 4.34
1.93 1.48 3.06 9.90 3.36 4.05 4.01 4.41 4.88 4.74 3.94 4.41 4.30
Operating Profit 0.17 0.15 0.59 1.29 0.17 0.26 0.31 0.43 0.05 0.06 0.06 0.06 0.04
OPM % 8.10% 9.20% 16.16% 11.53% 4.82% 6.03% 7.18% 8.88% 1.01% 1.25% 1.50% 1.34% 0.92%
0.01 0.00 0.00 0.00 0.00 0.02 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Interest 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
Depreciation 0.03 0.04 0.04 0.04 0.04 0.04 0.04 0.05 0.04 0.05 0.05 0.05 0.02
Profit before tax 0.15 0.11 0.55 1.25 0.13 0.24 0.27 0.38 0.01 0.01 0.01 0.01 0.02
Tax % 0.00% 27.27% 25.45% 25.60% 23.08% 25.00% 29.63% 26.32% 1,500.00% 0.00% 0.00% 0.00% 150.00%
0.14 0.08 0.41 0.92 0.09 0.18 0.19 0.29 -0.15 0.00 0.01 0.01 -0.02
EPS in Rs 0.31 0.18 0.91 2.04 0.20 0.40 0.42 0.64 -0.33 0.00 0.02 0.02 -0.04
Raw PDF

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
0.00 0.00 0.00 0.00 0.09 3.05 1.53 0.93 7.06 20.00 18.82 17.61
0.02 0.02 0.02 0.03 0.05 3.05 1.55 1.01 6.31 17.63 17.77 17.38
Operating Profit -0.02 -0.02 -0.02 -0.03 0.04 0.00 -0.02 -0.08 0.75 2.37 1.05 0.23
OPM % 44.44% 0.00% -1.31% -8.60% 10.62% 11.85% 5.58% 1.31%
0.02 0.02 0.03 0.03 0.00 0.04 0.04 0.08 0.01 0.00 0.02 0.00
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 0.00
Depreciation 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.17 0.17 0.17 0.18
Profit before tax 0.00 0.00 0.01 0.00 0.04 0.04 0.02 0.00 0.59 2.20 0.89 0.05
Tax % 0.00% 0.00% 0.00% 0.00% 27.12% 32.27% 42.70% 80.00%
0.00 0.00 0.01 0.00 0.04 0.04 0.02 0.00 0.43 1.50 0.51 0.01
EPS in Rs 0.08 0.00 0.95 3.32 1.13 0.02
Dividend Payout % 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
Compounded Sales Growth
10 Years: %
5 Years: 63%
3 Years: 36%
TTM: -6%
Compounded Profit Growth
10 Years: %
5 Years: -13%
3 Years: -71%
TTM: -98%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -29%
1 Year: -37%
Return on Equity
10 Years: 7%
5 Years: 8%
3 Years: 9%
Last Year: 0%

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
Equity Capital 0.25 0.25 0.25 0.25 1.25 1.25 1.25 1.25 4.52 4.52 4.52 4.78
Reserves 0.21 0.21 0.22 0.22 1.60 1.61 1.63 1.64 1.23 2.73 3.24 3.25
Preference Capital 0.00 0.00 0.00 0.00 0.26 0.26 0.26 0.26 0.26 0.26 0.26
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.10 7.31 7.24 7.30 7.41
0.01 0.00 0.00 0.03 0.31 0.29 0.28 0.42 0.50 6.24 10.15 5.39
Total Liabilities 0.47 0.46 0.47 0.50 3.16 3.15 3.16 3.41 13.56 20.73 25.21 20.83
0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 3.13 7.16 7.04 7.00
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
Investments 0.01 0.01 0.01 0.01 0.70 1.09 1.09 1.09 1.09 1.09 1.09 1.09
0.46 0.45 0.46 0.49 2.46 2.06 2.07 2.32 9.34 12.48 17.08 12.74
Total Assets 0.47 0.46 0.47 0.50 3.16 3.15 3.16 3.41 13.56 20.73 25.21 20.83

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
0.03 0.06 0.06 -0.36 0.21 4.90 -4.53 0.91 -0.40
0.00 -0.69 -0.39 0.00 0.00 -7.16 -0.36 -1.28 -0.13
0.00 0.74 0.20 0.36 -0.22 2.43 7.09 0.20 0.00
Net Cash Flow 0.03 0.12 -0.13 0.00 -0.02 0.17 2.21 -0.17 -0.53

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 202.78 4.79 7.16 0.00 0.00 105.12 202.48 128.09
Inventory Days 10.81 20.28 11.77 8.08 4.15 4.53 2.85
Days Payable 1.35 0.00 58.87 0.62 109.30 183.47 86.04
Cash Conversion Cycle 202.78 14.25 27.43 -47.10 7.46 -0.04 23.54 44.91
Working Capital Days 1,662.78 41.89 174.15 -51.02 126.66 30.48 29.67 123.53
ROCE % 0.00% 2.15% 0.00% 2.23% 1.28% 0.64% 0.00% 7.12% 15.68% 5.99%

Shareholding Pattern

Numbers in percentages

Jun 2020Sep 2020Dec 2020Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023
73.34% 69.20% 69.20% 69.20% 69.20% 69.20% 68.45% 0.00% 63.89% 63.89% 63.89% 63.89%
26.66% 30.80% 30.80% 30.80% 30.80% 30.80% 31.55% 100.00% 36.12% 36.11% 36.11% 36.11%
No. of Shareholders 43945045263183991252154,5974,2334,0904,090

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