Vesuvius India Ltd
Vesuvius India Ltd is primarily engaged in manufacturing and trading of refractory goods. It also provides services in relation to refractory goods. It has operations in India and caters to both domestic and international markets.[1]
- Market Cap ₹ 3,279 Cr.
- Current Price ₹ 1,615
- High / Low ₹ 1,780 / 900
- Stock P/E 32.0
- Book Value ₹ 460
- Dividend Yield 0.50 %
- ROCE 10.6 %
- ROE 7.83 %
- Face Value ₹ 10.0
Pros
- Company is almost debt free.
- Company has been maintaining a healthy dividend payout of 23.8%
Cons
- Stock is trading at 3.54 times its book value
- The company has delivered a poor sales growth of 4.97% over past five years.
- Company has a low return on equity of 8.39% 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.
Peer comparison
Sector: Refractories Industry: Refractories / Intermediates
Quarterly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
440 | 543 | 564 | 602 | 652 | 700 | 822 | 911 | 925 | 887 | 792 | 1,047 | 1,253 | |
358 | 446 | 466 | 489 | 552 | 574 | 670 | 745 | 777 | 766 | 714 | 947 | 1,109 | |
Operating Profit | 82 | 97 | 98 | 112 | 101 | 126 | 152 | 167 | 148 | 121 | 77 | 100 | 144 |
OPM % | 19% | 18% | 17% | 19% | 15% | 18% | 18% | 18% | 16% | 14% | 10% | 10% | 12% |
7 | 1 | 2 | 5 | 9 | 10 | 13 | 9 | 23 | 29 | 21 | 20 | 21 | |
Interest | 1 | 1 | 1 | 1 | 0 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 0 |
Depreciation | 13 | 15 | 16 | 18 | 19 | 23 | 27 | 30 | 28 | 27 | 26 | 27 | 29 |
Profit before tax | 75 | 83 | 83 | 99 | 90 | 112 | 136 | 145 | 142 | 123 | 72 | 92 | 137 |
Tax % | 35% | 33% | 33% | 34% | 34% | 35% | 35% | 35% | 35% | 31% | 26% | 26% | |
Net Profit | 49 | 55 | 56 | 65 | 59 | 74 | 89 | 94 | 93 | 86 | 53 | 68 | 102 |
EPS in Rs | 24.07 | 27.21 | 27.47 | 32.11 | 29.15 | 36.26 | 43.79 | 46.54 | 45.59 | 42.15 | 26.14 | 33.53 | 50.39 |
Dividend Payout % | 17% | 16% | 16% | 15% | 24% | 17% | 15% | 15% | 15% | 21% | 27% | 24% |
Compounded Sales Growth | |
---|---|
10 Years: | 7% |
5 Years: | 5% |
3 Years: | 4% |
TTM: | 23% |
Compounded Profit Growth | |
---|---|
10 Years: | 2% |
5 Years: | -5% |
3 Years: | -10% |
TTM: | 44% |
Stock Price CAGR | |
---|---|
10 Years: | 17% |
5 Years: | 4% |
3 Years: | 14% |
1 Year: | 44% |
Return on Equity | |
---|---|
10 Years: | 13% |
5 Years: | 10% |
3 Years: | 8% |
Last Year: | 8% |
Balance Sheet
Figures in Rs. Crores
Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | Jun 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | 20 | |
Reserves | 233 | 278 | 323 | 377 | 419 | 477 | 562 | 641 | 717 | 784 | 822 | 876 | 914 |
0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | |
232 | 124 | 117 | 120 | 139 | 147 | 161 | 193 | 188 | 177 | 216 | 292 | 310 | |
Total Liabilities | 485 | 422 | 460 | 518 | 578 | 644 | 743 | 854 | 925 | 981 | 1,058 | 1,188 | 1,243 |
92 | 109 | 117 | 134 | 132 | 131 | 124 | 113 | 121 | 124 | 120 | 116 | 116 | |
CWIP | 20 | 30 | 22 | 5 | 20 | 14 | 16 | 38 | 26 | 28 | 21 | 27 | 80 |
Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
374 | 283 | 321 | 379 | 426 | 499 | 603 | 703 | 779 | 829 | 917 | 1,045 | 1,047 | |
Total Assets | 485 | 422 | 460 | 518 | 578 | 644 | 743 | 854 | 925 | 981 | 1,058 | 1,188 | 1,243 |
Cash Flows
Figures in Rs. Crores
Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
31 | 45 | 50 | 64 | 65 | 54 | 50 | 191 | 95 | 74 | 102 | 27 | |
-21 | -39 | -20 | -53 | -28 | -21 | 21 | 2 | -310 | 297 | -503 | -39 | |
-9 | -10 | -10 | -11 | -14 | -15 | -15 | -16 | -17 | -17 | -14 | -14 | |
Net Cash Flow | 1 | -4 | 20 | 1 | 23 | 18 | 56 | 177 | -231 | 354 | -415 | -26 |
Ratios
Figures in Rs. Crores
Dec 2010 | Dec 2011 | Dec 2012 | Dec 2013 | Dec 2014 | Dec 2015 | Dec 2016 | Dec 2017 | Dec 2018 | Dec 2019 | Dec 2020 | Dec 2021 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 96 | 100 | 108 | 108 | 105 | 118 | 119 | 88 | 72 | 77 | 75 | 57 |
Inventory Days | 57 | 58 | 59 | 65 | 69 | 68 | 77 | 69 | 84 | 77 | 91 | 124 |
Days Payable | 90 | 102 | 88 | 83 | 87 | 97 | 98 | 111 | 98 | 89 | 122 | 130 |
Cash Conversion Cycle | 63 | 56 | 79 | 91 | 87 | 90 | 98 | 46 | 58 | 65 | 44 | 52 |
Working Capital Days | 75 | 70 | 84 | 88 | 82 | 91 | 102 | 59 | 58 | 63 | 51 | 55 |
ROCE % | 32% | 31% | 26% | 27% | 22% | 24% | 25% | 24% | 20% | 16% | 9% | 11% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
25 Jan - Mr Sivasis Sen, has resigned from the position of Chief Financial Officer of the Company with effect from today, January 25, 2023.
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 18 Jan
- Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A 13 Jan
-
Compliance Certificate For The Financial Year Ended - 31.12.2022
12 Jan - Compliance Certificate under Regulation 7(2) of the SEBI LODR for the financial year ended December 31, 2022, duly signed by the Compliance Officer of the …
-
Compliance Certificate As per Regulation 40(9) Of SEBI (LODR) Regulations, 2015
11 Jan - Compliance Certificate dated January 11, 2023 As per Regulation 40(9) of the SEBI (LODR) Regulations, 2015 for the financial year ended on December 31, 2022 …
Annual reports
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Financial Year 2021
from bse
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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 2013
from nse
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Financial Year 2012
from bse
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Financial Year 2011
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Financial Year 2011
from nse
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Financial Year 2010
from bse
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Financial Year 2010
from nse
Products and Services
The company's products include shaped refractories like shrouds, stoppers, pre-cast products, nozzles, and crucibles. It also includes unshaped refractories like castables and taphole clay. It also offers repair and maintenance services for its refractories.[1] In 2020, shaped and unshaped refractories each accounted for ~50% of revenues for the company.[2]