Viaz Tyres Ltd
₹ 70.2
-0.99%
22 Aug
- close price
- Market Cap ₹ 86.1 Cr.
- Current Price ₹ 70.2
- High / Low ₹ 73.5 / 49.3
- Stock P/E 25.8
- Book Value ₹ 30.0
- Dividend Yield 0.00 %
- ROCE 12.0 %
- ROE 9.50 %
- Face Value ₹ 10.0
Pros
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has a low return on equity of 8.99% over last 3 years.
- Company has high debtors of 194 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.
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Half Yearly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| 19.87 | 29.14 | 29.20 | 45.92 | 50.37 | 57.26 | |
| 17.55 | 25.24 | 24.77 | 41.02 | 45.29 | 49.98 | |
| Operating Profit | 2.32 | 3.90 | 4.43 | 4.90 | 5.08 | 7.28 |
| OPM % | 11.68% | 13.38% | 15.17% | 10.67% | 10.09% | 12.71% |
| 0.08 | 0.03 | 0.11 | 0.36 | 0.33 | 0.52 | |
| Interest | 1.18 | 1.43 | 1.36 | 1.28 | 1.14 | 1.47 |
| Depreciation | 1.03 | 1.85 | 1.44 | 1.27 | 1.20 | 1.86 |
| Profit before tax | 0.19 | 0.65 | 1.74 | 2.71 | 3.07 | 4.47 |
| Tax % | 26.32% | 6.15% | 17.24% | 25.46% | 22.80% | 25.06% |
| 0.15 | 0.61 | 1.44 | 2.02 | 2.37 | 3.34 | |
| EPS in Rs | 0.35 | 1.44 | 3.39 | 1.65 | 1.93 | 2.73 |
| Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% | 0.00% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 24% |
| 3 Years: | 25% |
| TTM: | 14% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | 86% |
| 3 Years: | 32% |
| TTM: | 41% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | 17% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | 10% |
| 3 Years: | 9% |
| Last Year: | 10% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 4.25 | 4.25 | 4.25 | 12.25 | 12.25 | 12.25 |
| Reserves | 0.08 | 0.69 | 1.78 | 18.85 | 21.22 | 24.56 |
| 18.96 | 20.48 | 19.96 | 10.87 | 13.54 | 15.59 | |
| 1.01 | 1.72 | 2.67 | 3.98 | 3.87 | 6.50 | |
| Total Liabilities | 24.30 | 27.14 | 28.66 | 45.95 | 50.88 | 58.90 |
| 8.85 | 7.99 | 7.60 | 6.51 | 11.86 | 11.27 | |
| CWIP | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Investments | 0.21 | 0.22 | 0.00 | 0.00 | 0.00 | 0.00 |
| 15.24 | 18.93 | 21.06 | 39.44 | 39.02 | 47.63 | |
| Total Assets | 24.30 | 27.14 | 28.66 | 45.95 | 50.88 | 58.90 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| -10.66 | 4.47 | 2.85 | -12.57 | 3.66 | -2.65 | |
| -7.76 | -0.99 | -1.30 | -0.13 | -2.08 | -0.58 | |
| 18.49 | -3.42 | -1.87 | 12.68 | 1.53 | 0.59 | |
| Net Cash Flow | 0.06 | 0.07 | -0.32 | -0.02 | 3.11 | -2.65 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|
| Debtor Days | 27.92 | 60.12 | 130.75 | 153.81 | 145.14 | 194.36 |
| Inventory Days | 259.84 | 143.04 | 145.03 | 112.38 | 110.21 | 112.92 |
| Days Payable | 19.00 | 25.33 | 28.77 | 27.35 | 17.05 | 26.97 |
| Cash Conversion Cycle | 268.77 | 177.83 | 247.01 | 238.84 | 238.30 | 280.31 |
| Working Capital Days | 138.14 | 80.42 | 105.12 | 168.75 | 141.81 | 165.93 |
| ROCE % | 8.54% | 12.06% | 11.74% | 9.46% | 11.95% |
Documents
Announcements
-
Outcome of Board Meeting
1 August 2025 - Board approved preferential equity/warrant issue; appointed secretarial and internal auditors.
-
Quarterly Compliance Report on Corporate governance - within 21 days from the end of the quarter
11 July 2025 - Viaz Tyres exempt from certain SEBI corporate governance rules for Q1 FY2026 as SME-listed company.
-
Certificate under SEBI (Depositories and Participants) Regulations, 2018
11 July 2025 - Certificate confirming securities dematerialisation for quarter ended June 30, 2025.
-
Outcome of Board Meeting
29 May 2025 - Audited FY25 standalone and consolidated financial results approved; unmodified auditor opinion confirmed.
-
Shareholders meeting
28 May 2025 - EGM on 28-May-2025 approved appointment of three new independent/non-executive directors.
Annual reports
Concalls
-
Apr 2025TranscriptNotesPPT
Business Overview:[1]
VTL manufactures rubber tubes for a wide range of vehicles, including bicycles, two- and three-wheelers, passenger cars, and heavy-load industrial vehicles. It supplies ancillary products like OTR tyre tubes, ADV tubes, engine oil, and grease through white-label partnerships.