Venky's (India) Ltd

Venky's (India) Ltd

₹ 1,759 -0.89%
19 Apr - close price
About

Venky’s India Ltd, a part of the VH group, is majorly engaged in poultry breeding and chicken meat processing. [1]

Key Points

Business Segments
Poultry & poultry products: This segment is engaged in the production and sale of day-old broiler & layer chicks, the production of specific pathogen-free (SPF) eggs, etc.
Animal Health products: This segment is engaged in the manufacturing of medicines and poultry feed supplements.
Oilseed segment: This segment is engaged in the processing of soya. [1]

  • Market Cap 2,479 Cr.
  • Current Price 1,759
  • High / Low 2,315 / 1,506
  • Stock P/E 35.0
  • Book Value 954
  • Dividend Yield 0.34 %
  • ROCE 7.76 %
  • ROE 5.54 %
  • Face Value 10.0

Pros

Cons

  • The company has delivered a poor sales growth of 9.53% over past five years.
  • Earnings include an other income of Rs.42.4 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.

Peer comparison

Sector: Miscellaneous Industry: Miscellaneous

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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
931.68 941.35 1,084.68 987.76 1,098.50 1,229.35 1,196.44 959.03 1,035.75 1,042.47 976.44 912.60 953.17
783.80 830.18 1,005.55 940.85 1,066.36 1,143.17 1,125.17 980.21 1,008.27 1,008.47 945.51 862.99 960.38
Operating Profit 147.88 111.17 79.13 46.91 32.14 86.18 71.27 -21.18 27.48 34.00 30.93 49.61 -7.21
OPM % 15.87% 11.81% 7.30% 4.75% 2.93% 7.01% 5.96% -2.21% 2.65% 3.26% 3.17% 5.44% -0.76%
8.98 11.50 8.23 8.03 10.36 9.67 8.14 7.61 7.89 14.03 9.19 9.42 9.79
Interest 5.50 7.24 4.41 4.43 4.37 4.37 4.44 4.60 4.48 4.96 4.68 4.53 4.54
Depreciation 8.81 8.92 9.16 9.12 9.04 9.25 8.88 8.83 8.87 8.88 8.80 8.69 8.52
Profit before tax 142.55 106.51 73.79 41.39 29.09 82.23 66.09 -27.00 22.02 34.19 26.64 45.81 -10.48
Tax % 25.29% 26.86% 25.33% 25.88% 25.64% 30.23% 25.44% 23.85% 24.93% 26.21% 27.14% 25.58% 24.24%
106.50 77.90 55.10 30.68 21.63 57.37 49.28 -20.56 16.53 25.23 19.41 34.09 -7.94
EPS in Rs 75.60 55.30 39.11 21.78 15.35 40.72 34.98 -14.59 11.73 17.91 13.78 24.20 -5.64
Raw PDF
Upcoming result date: 10 May 2024

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
990 1,426 1,736 1,731 2,127 2,476 2,686 3,043 3,261 3,117 4,400 4,234 3,885
922 1,366 1,669 1,631 1,990 2,198 2,299 2,734 3,282 2,728 4,154 4,122 3,777
Operating Profit 68 61 67 100 137 278 388 309 -21 389 246 112 107
OPM % 7% 4% 4% 6% 6% 11% 14% 10% -1% 12% 6% 3% 3%
16 17 40 34 32 34 27 28 35 36 34 37 42
Interest 15 23 43 74 85 77 50 32 30 28 18 18 19
Depreciation 12 16 19 32 30 28 28 29 34 35 37 35 35
Profit before tax 57 39 45 28 54 206 337 277 -50 361 226 95 96
Tax % 28% 37% 25% 33% 29% 39% 41% 37% 45% 26% 27% 26%
41 25 34 19 38 125 200 174 -27 268 165 70 71
EPS in Rs 29.12 17.57 24.14 13.26 27.14 88.55 141.77 123.61 -19.28 190.06 116.97 50.03 50.25
Dividend Payout % 11% 19% 14% 25% 18% 7% 6% 6% 0% 9% 11% 12%
Compounded Sales Growth
10 Years: 11%
5 Years: 10%
3 Years: 9%
TTM: -12%
Compounded Profit Growth
10 Years: 11%
5 Years: -19%
3 Years: 66%
TTM: -31%
Stock Price CAGR
10 Years: 18%
5 Years: -4%
3 Years: 5%
1 Year: 15%
Return on Equity
10 Years: 14%
5 Years: 13%
3 Years: 15%
Last Year: 6%

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 9 9 9 9 14 14 14 14 14 14 14 14 14
Reserves 306 328 358 362 405 517 707 867 822 1,090 1,235 1,285 1,330
193 315 626 762 746 545 350 268 310 186 199 191 174
132 210 231 287 340 285 360 408 451 499 499 526 458
Total Liabilities 641 862 1,224 1,420 1,504 1,360 1,431 1,557 1,597 1,790 1,947 2,015 1,976
205 263 435 476 473 468 472 501 571 618 603 592 583
CWIP 38 50 34 9 7 8 17 66 53 10 14 34 49
Investments 37 33 52 62 2 2 0 6 7 45 70 90 74
360 516 703 874 1,022 882 942 984 966 1,116 1,260 1,299 1,269
Total Assets 641 862 1,224 1,420 1,504 1,360 1,431 1,557 1,597 1,790 1,947 2,015 1,976

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
1 8 -56 59 78 211 256 159 58 242 5 86
-18 -95 -221 -113 51 57 -29 -38 -53 -46 -19 -27
57 85 252 52 -112 -280 -245 -120 -9 -148 -34 -45
Net Cash Flow 39 -2 -24 -1 18 -12 -18 0 -4 48 -48 15

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 20 27 35 48 53 39 40 37 50 46 53 57
Inventory Days 87 59 53 60 23 23 32 35 15 36 19 21
Days Payable 43 41 38 51 56 36 45 47 52 57 41 46
Cash Conversion Cycle 63 46 50 58 20 27 27 25 13 24 31 31
Working Capital Days 41 32 44 47 50 33 30 40 27 45 50 51
ROCE % 14% 11% 9% 9% 12% 25% 36% 28% -2% 32% 18% 8%

Shareholding Pattern

Numbers in percentages

Jun 2021Sep 2021Dec 2021Mar 2022Jun 2022Sep 2022Dec 2022Mar 2023Jun 2023Sep 2023Dec 2023Mar 2024
56.11% 56.11% 56.11% 56.11% 56.11% 56.11% 56.11% 56.11% 56.11% 56.11% 56.11% 56.11%
0.88% 0.69% 0.74% 0.79% 0.86% 0.83% 0.86% 0.93% 0.95% 0.98% 1.07% 1.25%
0.27% 0.14% 0.14% 0.15% 0.17% 0.16% 0.17% 0.00% 0.00% 0.03% 0.12% 0.21%
42.74% 43.06% 43.01% 42.96% 42.86% 42.89% 42.85% 42.96% 42.93% 42.89% 42.70% 42.43%
No. of Shareholders 51,72968,78469,90573,98773,92972,83073,38572,44970,61864,56062,16260,599

* 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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