Viaz Tyres Ltd
₹ 57.0
3.45%
12 Jun
- close price
- Market Cap ₹ 69.8 Cr.
- Current Price ₹ 57.0
- High / Low ₹ 73.5 / 49.3
- Stock P/E 20.9
- 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: | 5% |
| 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 | 257.54 | 211.06 | 232.25 | 237.98 | 224.35 | 260.14 |
| ROCE % | 8.54% | 12.06% | 11.74% | 9.46% | 11.95% |
Documents
Announcements
-
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.
-
Shareholders meeting
28 May 2025 - EGM held to regularize appointments of three additional directors including two independent directors.
-
Board Meeting Intimation
21 May 2025 - Viaz Tyres Limited has informed about Board Meeting to be held on 29-May-2025 to consider and approve the Yearly Audited Financial results of the Company …
-
Notice Of Shareholders Meetings-XBRL
5 May 2025 - VIAZ TYRES LIMITED has informed about Notice of Shareholders Meeting for Extra-ordinary Meeting to be held on 28-May-2025
Annual reports
Concalls
-
Apr 2025TranscriptNotesPPT
Business Overview:[1]
a) VTL manufactures rubber tubes for bicycles, two and three-wheelers, passenger vehicles, and heavy-load industrial vehicles.
b) It also offers ancillary products such as Off-The-Road (OTR) tyre tubes, Animal Driven Vehicle (ADV) tubes, engine oil, and grease under white-label agreements.
c) Recently, VTL began selling bicycle tyres, produced on a job-work basis based on market demand.
d) The company markets its rubber tubes, bicycle tyres, and ancillary products under various brand names, both domestically and internationally.
e) VTL is also working on developing an alternate brand.