Global Vectra Helicorp Ltd

Global Vectra Helicorp Ltd

₹ 124 0.77%
02 Mar 9:27 a.m.
About

Incorporated in 1988, Global Vectra Helicorp Ltd provides Charter Hire of Helicopter Services[1]

Key Points

Business Overview:[1]
Company is a part of Vectra group and is engaged in helicopter charter services for offshore and onshore transportation, servicing the oil and gas exploration and production sector in India

  • Market Cap 173 Cr.
  • Current Price 124
  • High / Low 150 / 50.2
  • Stock P/E 33.9
  • Book Value 10.7
  • Dividend Yield 0.00 %
  • ROCE -1.44 %
  • ROE -73.0 %
  • Face Value 10.0

Pros

  • Debtor days have improved from 40.1 to 19.8 days.

Cons

  • Stock is trading at 11.2 times its book value
  • Company has low interest coverage ratio.
  • The company has delivered a poor sales growth of 0.33% over past five years.
  • Company has a low return on equity of -49.7% over last 3 years.
  • Contingent liabilities of Rs.65.5 Cr.
  • Company might be capitalizing the interest cost
  • Earnings include an other income of Rs.52.3 Cr.

* 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.

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Quarterly Results

Figures in Rs. Crores

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
78.91 84.99 78.98 71.34 88.96 94.68 97.51 91.75 109.32 110.64 117.77 104.87 129.59
72.03 82.86 73.52 71.54 65.36 85.61 96.93 79.50 91.28 105.23 100.65 94.76 101.95
Operating Profit 6.88 2.13 5.46 -0.20 23.60 9.07 0.58 12.25 18.04 5.41 17.12 10.11 27.64
OPM % 8.72% 2.51% 6.91% -0.28% 26.53% 9.58% 0.59% 13.35% 16.50% 4.89% 14.54% 9.64% 21.33%
12.64 12.76 1.55 15.92 2.62 29.42 1.95 1.45 1.73 33.73 7.14 8.82 2.57
Interest 4.36 3.93 3.63 3.95 4.58 4.25 4.93 4.34 5.98 5.11 6.04 10.01 8.29
Depreciation 18.09 20.54 19.33 20.77 20.27 18.99 17.76 19.77 19.17 17.69 18.84 17.53 16.71
Profit before tax -2.93 -9.58 -15.95 -9.00 1.37 15.25 -20.16 -10.41 -5.38 16.34 -0.62 -8.61 5.21
Tax % 71.67% 19.83% 35.99% 81.67% 353.28% 37.97% 48.96% -10.66% -3.16% 39.11% -124.19% 20.79% 35.12%
-0.83 -7.68 -10.20 -1.66 -3.47 9.46 -10.29 -11.52 -5.55 9.95 -1.39 -6.82 3.38
EPS in Rs -0.59 -5.49 -7.29 -1.19 -2.48 6.76 -7.35 -8.23 -3.96 7.11 -0.99 -4.87 2.41
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 TTM
279 250 332 347 357 376 404 480 457 295 335 411 463
242 217 277 277 307 302 349 429 364 262 286 369 403
Operating Profit 37 33 54 70 50 74 55 51 92 34 49 42 60
OPM % 13% 13% 16% 20% 14% 20% 14% 11% 20% 11% 15% 10% 13%
5 32 5 14 21 12 2 9 29 22 41 36 52
Interest 40 28 21 17 15 23 21 14 24 18 17 21 29
Depreciation 26 30 29 26 30 38 38 39 94 83 80 75 71
Profit before tax -24 7 9 42 26 24 -1 7 3 -45 -7 -18 12
Tax % 0% 0% 38% 45% 50% 34% -86% 3% 18% 36% 28% 10%
-24 7 5 23 13 16 -2 7 2 -29 -5 -17 5
EPS in Rs -17.26 4.89 3.92 16.51 9.22 11.36 -1.23 5.01 1.49 -20.91 -3.53 -11.88 3.66
Dividend Payout % 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: 5%
5 Years: 0%
3 Years: -3%
TTM: 18%
Compounded Profit Growth
10 Years: -3%
5 Years: %
3 Years: %
TTM: 129%
Stock Price CAGR
10 Years: 20%
5 Years: 15%
3 Years: 38%
1 Year: 120%
Return on Equity
10 Years: %
5 Years: -20%
3 Years: -50%
Last Year: -73%

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 14 14 14 14 14 14 14 14 14 14 14 14 14
Reserves -28 -25 -22 1 8 40 103 52 65 34 27 14 1
Preference Capital 66 66 66 66 66 0 0 0 0 0 0 0
289 237 207 164 232 272 177 159 386 342 366 414 504
269 276 292 289 370 291 334 413 342 315 310 326 342
Total Liabilities 545 502 491 468 624 617 628 638 807 705 717 768 861
407 373 359 335 447 463 421 403 552 440 406 423 419
CWIP 0 0 0 0 0 0 0 0 0 0 0 0 0
Investments 0 0 0 0 0 0 0 0 0 0 0 0 0
138 129 132 132 177 154 207 235 255 265 311 346 442
Total Assets 545 502 491 468 624 617 628 638 807 705 717 768 861

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
70 60 58 73 60 71 57 34 76 10 60 29
-58 21 -4 3 -31 -0 -5 -8 7 59 55 95
-10 -81 -53 -64 -43 -70 -48 -31 -82 -72 -95 -142
Net Cash Flow 1 1 1 11 -13 1 4 -5 2 -3 19 -19

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 83 82 30 12 30 29 26 48 47 64 37 20
Inventory Days
Days Payable
Cash Conversion Cycle 83 82 30 12 30 29 26 48 47 64 37 20
Working Capital Days -191 -246 -212 -192 -215 -230 -156 -173 -94 -123 -114 -69
ROCE % 5% 2% 11% 21% 19% 15% 7% 8% 8% -5% -2% -1%

Shareholding Pattern

Numbers in percentages

Mar 2021Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00% 75.00%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.21% 0.00%
25.00% 25.00% 25.00% 25.00% 25.00% 25.00% 24.99% 25.00% 24.99% 25.00% 24.78% 24.99%
No. of Shareholders 9,2809,8429,77110,37010,55910,62910,64610,62910,53810,3359,88611,389

* 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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