Viaz Tyres Ltd

Viaz Tyres Summary Chart Analysis Peers Quarters Profit & Loss Balance Sheet Cash Flow Ratios Investors Documents

Viaz Tyres Ltd

₹ 45.0 0.11%
28 Sep - close price
Company website NSE - SM : VIAZ
About

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]

Key Points

Business Area[1] Company sells rubber tubes, bicycle tires, and ancillary products under the brand name "Viaz" across 18 states and 5 countries.

Website NSE - SM
  • 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
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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

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Half Yearly Results

Figures in Rs. Crores

Mar 2022 Sep 2022 Mar 2023
22.80 23.55 22.37
19.72 20.38 20.51
Operating Profit 3.08 3.17 1.86
OPM % 13.51% 13.46% 8.31%
0.12 0.24 0.12
Interest 0.65 0.73 0.75
Depreciation 1.44 0.63 0.64
Profit before tax 1.11 2.05 0.59
Tax % 27.03% 25.37% 11.86%
0.81 1.53 0.51
EPS in Rs 1.91 1.70 0.42
Raw PDF

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%

Shareholding Pattern

Numbers in percentages

Mar 2023
73.08%
26.93%
No. of Shareholders 457

Documents

Announcements

Annual reports