Vaxtex Cotfab Ltd

Vaxtex Cotfab Ltd

₹ 1.15 -4.17%
15 Apr - close price
About

Incorporated in 2005, Vaxtex Cotfab Ltd is in manufacturing and processing of fabrics of Shirting and Suiting[1]

Key Points

Business Overview:[1]
VCL is a textile manufacturing company which caters to international brands, export houses, corporate buyers, domestic traders, wholesalers and distributors. Company is also a wearable technology manufacturer which delivers engineering solutions

  • Market Cap 21.1 Cr.
  • Current Price 1.15
  • High / Low 6.56 / 0.80
  • Stock P/E
  • Book Value 1.93
  • Dividend Yield 0.00 %
  • ROCE 2.02 %
  • ROE -0.95 %
  • Face Value 1.00

Pros

  • Stock is trading at 0.60 times its book value

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Company has low interest coverage ratio.
  • Promoter holding is low: 18.1%
  • Company has a low return on equity of 4.28% over last 3 years.
  • Promoter holding has decreased over last 3 years: -55.5%

* 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: Textiles Industry: Textiles - Products

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Quarterly Results

Figures in Rs. Crores

Mar 2021 Jun 2021 Sep 2021 Dec 2021 Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
16.66 3.90 9.62 16.40 32.00 29.33 18.33 11.39 16.57 10.84 4.10 2.08
16.17 2.85 8.34 16.27 31.44 28.86 17.91 12.82 16.43 10.30 3.93 10.72
Operating Profit 0.49 1.05 1.28 0.13 0.56 0.47 0.42 -1.43 0.14 0.54 0.17 -8.64
OPM % 2.94% 26.92% 13.31% 0.79% 1.75% 1.60% 2.29% -12.55% 0.84% 4.98% 4.15% -415.38%
0.02 0.00 0.00 0.20 0.18 0.64 0.11 1.57 0.16 0.05 0.01 0.02
Interest 0.28 0.29 0.29 0.29 0.22 0.28 0.36 -0.02 0.00 0.02 0.02 0.01
Depreciation 0.04 0.07 0.07 0.08 0.08 0.07 0.07 0.07 0.07 0.07 0.07 0.00
Profit before tax 0.19 0.69 0.92 -0.04 0.44 0.76 0.10 0.09 0.23 0.50 0.09 -8.63
Tax % 42.11% 0.00% 0.00% 0.00% 120.45% 0.00% 0.00% 0.00% 13.04% 26.00% 22.22% 0.00%
0.11 0.68 0.91 -0.03 -0.08 0.77 0.10 0.09 0.21 0.37 0.07 -8.63
EPS in Rs 0.01 0.05 0.06 -0.00 -0.01 0.05 0.01 0.01 0.01 0.02 0.00 -0.47
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
0.00 0.00 0.00 0.00 0.63 4.43 18.45 21.97 27.76 26.15 61.91 75.62 33.59
0.00 0.04 0.00 0.01 0.65 4.41 18.08 21.03 26.39 24.71 58.90 75.77 41.38
Operating Profit 0.00 -0.04 0.00 -0.01 -0.02 0.02 0.37 0.94 1.37 1.44 3.01 -0.15 -7.79
OPM % -3.17% 0.45% 2.01% 4.28% 4.94% 5.51% 4.86% -0.20% -23.19%
0.00 0.04 0.00 0.01 0.03 0.03 0.00 0.05 0.02 0.06 0.38 2.22 0.24
Interest 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.01 1.06 1.09 1.08 0.63 0.05
Depreciation 0.00 0.00 0.00 0.00 0.00 0.01 0.10 0.11 0.14 0.15 0.30 0.28 0.21
Profit before tax 0.00 0.00 0.00 0.00 0.01 0.04 0.27 0.87 0.19 0.26 2.01 1.16 -7.81
Tax % 0.00% 50.00% 37.04% 31.03% 52.63% 30.77% 26.37% 2.59%
0.00 0.00 0.00 0.00 0.01 0.02 0.17 0.60 0.09 0.18 1.49 1.13 -7.98
EPS in Rs 0.00 0.00 0.00 0.00 0.01 0.02 0.17 0.60 0.01 0.01 0.10 0.06 -0.44
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: 33%
3 Years: 40%
TTM: -63%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: %
TTM: -1058%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: -39%
1 Year: -77%
Return on Equity
10 Years: 4%
5 Years: 5%
3 Years: 4%
Last Year: -1%

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 0.40 0.40 0.40 0.40 0.40 0.40 0.40 0.40 6.02 6.02 10.04 12.63 18.38
Reserves 3.53 3.53 3.53 3.53 3.53 3.55 3.72 4.33 2.63 2.85 0.32 10.85 17.04
0.00 0.00 0.00 0.00 0.00 0.00 0.25 3.29 12.62 10.30 7.45 5.20 7.05
0.00 0.03 0.03 0.00 0.27 0.75 5.82 5.49 6.65 2.52 6.18 40.80 22.68
Total Liabilities 3.93 3.96 3.96 3.93 4.20 4.70 10.19 13.51 27.92 21.69 23.99 69.48 65.15
0.00 0.00 0.00 0.00 0.00 0.36 1.70 1.80 2.37 3.85 3.90 3.65 4.66
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 0.61 1.18 0.89 0.05 0.00 0.00 0.00 0.00 0.12 0.08 1.05 1.10 3.15
3.32 2.78 3.07 3.88 4.20 4.34 8.49 11.71 25.43 17.76 19.04 64.73 57.34
Total Assets 3.93 3.96 3.96 3.93 4.20 4.70 10.19 13.51 27.92 21.69 23.99 69.48 65.15

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
0.00 0.00 0.00 0.00 0.13 -3.41 1.51 1.72 -7.39 0.93 6.74 -10.90
0.00 0.00 0.00 0.00 0.00 3.19 -1.44 -4.57 -5.05 2.40 -3.70 0.34
0.00 0.00 0.00 0.00 0.03 0.00 0.25 3.02 12.10 -3.41 -3.01 10.51
Net Cash Flow 0.00 0.00 0.00 0.00 0.16 -0.22 0.32 0.17 -0.34 -0.08 0.04 -0.06

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 121.67 139.24 60.93 78.08 112.42 136.65 36.49 87.94
Inventory Days 64.04 35.35 35.24 15.72 70.56 28.50 36.53 6.96
Days Payable 160.09 53.91 133.87 127.24 104.80 36.50 35.52 152.60
Cash Conversion Cycle 25.61 120.68 -37.69 -33.44 78.17 128.65 37.51 -57.70
Working Capital Days 28.97 290.02 46.09 22.10 132.01 213.98 76.41 116.18
ROCE % 0.00% -0.51% 0.00% 0.00% 0.25% 1.02% 6.49% 14.21% 8.54% 6.68% 16.71% 2.02%

Shareholding Pattern

Numbers in percentages

Mar 2020Sep 2020Mar 2021Sep 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023
73.50% 73.61% 73.61% 73.61% 73.66% 67.82% 65.86% 36.28% 26.14% 26.14% 18.10% 18.10%
0.00% 0.00% 0.00% 0.00% 0.00% 0.00% 0.06% 0.03% 0.02% 0.01% 0.01% 0.01%
0.00% 0.00% 0.00% 0.00% 0.00% 0.07% 0.00% 0.00% 0.00% 0.00% 0.00% 0.00%
26.50% 26.39% 26.39% 26.40% 26.35% 32.11% 34.08% 63.68% 73.84% 73.85% 81.88% 81.88%
No. of Shareholders 6361648615529,85225,96530,28831,86830,91231,05737,536

* 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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