Viaz Tyres Ltd
Incorporated in 2018, Viaz Tyres Limited is an Ahmedabad-based company engaged in manufacturing of rubber tubes for bicycles, two and three-wheelers, passenger vehicles, and heavy-load industrial vehicles.[1]
- Market Cap ₹ 55.1 Cr.
- Current Price ₹ 45.0
- High / Low ₹ 71.4 / 44.0
- Stock P/E 27.3
- Book Value ₹ 25.4
- Dividend Yield 0.00 %
- ROCE 11.7 %
- ROE 10.9 %
- Face Value ₹ 10.0
Pros
- Company has reduced debt.
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- Company has high debtors of 154 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.
Peer comparison
Sector: Plantation & Plantation Products Industry: Miscellaneous
Half Yearly Results
Figures in Rs. Crores
Profit & Loss
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
19.87 | 29.14 | 29.20 | 45.92 | |
17.55 | 25.24 | 24.77 | 41.02 | |
Operating Profit | 2.32 | 3.90 | 4.43 | 4.90 |
OPM % | 11.68% | 13.38% | 15.17% | 10.67% |
0.08 | 0.03 | 0.11 | 0.36 | |
Interest | 1.18 | 1.43 | 1.36 | 1.28 |
Depreciation | 1.03 | 1.85 | 1.44 | 1.27 |
Profit before tax | 0.19 | 0.65 | 1.74 | 2.71 |
Tax % | 26.32% | 6.15% | 17.24% | 25.46% |
0.15 | 0.61 | 1.44 | 2.02 | |
EPS in Rs | 0.35 | 1.44 | 3.39 | 1.65 |
Dividend Payout % | 0.00% | 0.00% | 0.00% | 0.00% |
Compounded Sales Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 32% |
TTM: | 57% |
Compounded Profit Growth | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 138% |
TTM: | 40% |
Stock Price CAGR | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | % |
1 Year: | % |
Return on Equity | |
---|---|
10 Years: | % |
5 Years: | % |
3 Years: | 14% |
Last Year: | 11% |
Balance Sheet
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
4.25 | 4.25 | 4.25 | 12.25 | |
Reserves | 0.08 | 0.69 | 1.78 | 18.85 |
18.96 | 20.48 | 19.96 | 10.87 | |
1.01 | 1.72 | 2.67 | 3.98 | |
Total Liabilities | 24.30 | 27.14 | 28.66 | 45.95 |
8.85 | 7.99 | 7.60 | 6.51 | |
CWIP | 0.00 | 0.00 | 0.00 | 0.00 |
Investments | 0.21 | 0.22 | 0.00 | 0.00 |
15.24 | 18.93 | 21.06 | 39.44 | |
Total Assets | 24.30 | 27.14 | 28.66 | 45.95 |
Cash Flows
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
-10.66 | 4.47 | 2.85 | -12.57 | |
-7.76 | -0.99 | -1.30 | -0.18 | |
18.49 | -3.42 | -1.87 | 12.68 | |
Net Cash Flow | 0.06 | 0.07 | -0.32 | -0.07 |
Ratios
Figures in Rs. Crores
Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
---|---|---|---|---|
Debtor Days | 27.92 | 60.12 | 130.75 | 153.89 |
Inventory Days | 259.84 | 143.04 | 145.03 | 112.38 |
Days Payable | 19.00 | 25.33 | 28.77 | 27.35 |
Cash Conversion Cycle | 268.77 | 177.83 | 247.01 | 238.92 |
Working Capital Days | 257.54 | 211.06 | 232.25 | 281.46 |
ROCE % | 8.54% | 12.06% | 11.74% |
Business Area[1] Company sells rubber tubes, bicycle tires, and ancillary products under the brand name "Viaz" across 18 states and 5 countries.