Vijay Solvex Ltd
Incorporated in 1987, Vijay Solvex Ltd is a manufacturer of Edible Oil and vanaspati ghee and also deals in ceramics products and wind power[1]
- Market Cap ₹ 219 Cr.
- Current Price ₹ 685
- High / Low ₹ 875 / 301
- Stock P/E 9.21
- Book Value ₹ 1,101
- Dividend Yield 0.00 %
- ROCE 8.58 %
- ROE 5.56 %
- Face Value ₹ 10.0
Pros
- Stock is trading at 0.62 times its book value
- Company is expected to give good quarter
Cons
- Though the company is reporting repeated profits, it is not paying out dividend
- The company has delivered a poor sales growth of 2.71% over past five years.
- Company has a low return on equity of 4.05% 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.
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 768 | 662 | 685 | 879 | 1,226 | 1,448 | 2,070 | 2,716 | 2,430 | 1,829 | 1,831 | 2,366 | 2,528 | |
| 755 | 648 | 669 | 859 | 1,200 | 1,412 | 1,991 | 2,644 | 2,409 | 1,825 | 1,804 | 2,333 | 2,489 | |
| Operating Profit | 13 | 14 | 16 | 20 | 26 | 36 | 78 | 72 | 21 | 4 | 27 | 33 | 39 |
| OPM % | 1.7% | 2.2% | 2.3% | 2.3% | 2.1% | 2.5% | 3.8% | 2.6% | 0.9% | 0.2% | 1.5% | 1.4% | 1.5% |
| -0 | 0 | 1 | 0 | 2 | 2 | 8 | 11 | 8 | 3 | 2 | 4 | 4 | |
| Interest | 6 | 5 | 2 | 3 | 7 | 8 | -4 | 4 | 4 | 1 | 3 | 8 | 8 |
| Depreciation | 2 | 1 | 1 | 2 | 2 | 2 | 2 | 2 | 2 | 3 | 3 | 3 | 3 |
| Profit before tax | 6 | 8 | 14 | 16 | 19 | 27 | 89 | 76 | 22 | 4 | 22 | 26 | 32 |
| Tax % | 20% | 30% | 34% | 36% | 34% | 25% | 25% | 25% | 24% | 28% | 18% | 26% | |
| 5 | 5 | 9 | 10 | 13 | 21 | 67 | 57 | 17 | 3 | 18 | 19 | 24 | |
| EPS in Rs | 14.49 | 16.89 | 28.20 | 32.07 | 39.78 | 64.54 | 208.49 | 179.23 | 53.11 | 9.18 | 57.55 | 60.26 | 74.38 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | 3% |
| 3 Years: | -1% |
| TTM: | 32% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 14% |
| 5 Years: | -22% |
| 3 Years: | 4% |
| TTM: | 36% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 17% |
| 5 Years: | -26% |
| 3 Years: | -7% |
| 1 Year: | -10% |
| Return on Equity | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 7% |
| 3 Years: | 4% |
| Last Year: | 6% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 | 3 |
| Reserves | 76 | 81 | 103 | 123 | 131 | 154 | 238 | 323 | 316 | 319 | 338 | 349 |
| 60 | 64 | 61 | 97 | 80 | 85 | 116 | 148 | 38 | 9 | 33 | 65 | |
| 24 | 23 | 22 | 23 | 28 | 42 | 53 | 43 | 48 | 43 | 39 | 45 | |
| Total Liabilities | 163 | 172 | 190 | 246 | 243 | 284 | 411 | 516 | 405 | 375 | 414 | 463 |
| 15 | 15 | 16 | 16 | 18 | 20 | 22 | 24 | 22 | 35 | 38 | 49 | |
| CWIP | 10 | 10 | 10 | 10 | 10 | 11 | 10 | 10 | 15 | 10 | 11 | 1 |
| Investments | 17 | 17 | 51 | 60 | 57 | 61 | 83 | 117 | 103 | 103 | 103 | 100 |
| 121 | 130 | 114 | 160 | 158 | 192 | 296 | 366 | 264 | 227 | 262 | 313 | |
| Total Assets | 163 | 172 | 190 | 246 | 243 | 284 | 411 | 516 | 405 | 375 | 414 | 463 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 44 | 4 | 23 | -38 | 53 | 46 | -22 | 41 | 71 | 31 | -22 | -61 | |
| 1 | -0 | -18 | 0 | -14 | -6 | -58 | 74 | -54 | 1 | 29 | 4 | |
| -46 | -2 | -5 | 32 | -25 | -5 | 29 | 28 | -113 | -32 | 21 | 26 | |
| Net Cash Flow | -1 | 1 | -0 | -5 | 14 | 35 | -51 | 143 | -97 | -0 | 28 | -31 |
| Free Cash Flow | 42 | 2 | 20 | -39 | 50 | 41 | -25 | 37 | 63 | 21 | -28 | -67 |
| CFO/OP | 338% | 46% | 170% | -154% | 235% | 149% | 1% | 83% | 360% | 720% | -67% | -167% |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 14 | 14 | 15 | 21 | 14 | 9 | 7 | 6 | 6 | 4 | 5 | 5 |
| Inventory Days | 17 | 40 | 28 | 33 | 16 | 9 | 19 | 19 | 12 | 15 | 25 | 31 |
| Days Payable | 9 | 9 | 7 | 6 | 5 | 8 | 7 | 4 | 5 | 5 | 4 | 2 |
| Cash Conversion Cycle | 22 | 45 | 36 | 49 | 25 | 10 | 19 | 21 | 14 | 14 | 25 | 33 |
| Working Capital Days | 13 | 18 | 12 | 16 | 6 | -1 | 8 | 4 | 12 | 16 | 20 | 23 |
| ROCE % | 9% | 10% | 10% | 12% | 15% | 28% | 19% | 6% | 1% | 7% | 9% |
Insights
In beta| Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|---|---|---|---|
| Edible Oil Segment Share of Total Revenue % of External Revenue ・Standalone data |
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| Top Customer Sales Concentration in Edible Oil Division % of Total Revenue ・Standalone data |
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| Number of Permanent Employees Employees ・Standalone data |
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| Wind Power Installed Capacity Megawatt (MW) ・Standalone data |
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| Number of Distributors Distributors ・Standalone data |
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| Refining and Vanaspati Ghee Manufacturing Capacity Tonnes per Annum (TPA) ・Standalone data |
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| Solvent Extraction Capacity Tonnes per Annum (TPA) ・Standalone data |
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Extracted by Screener AI
Documents
Announcements
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Announcement Under Regulation 30 (LODR)-Newspaper Publication
- Newspaper publication in which the Un-Audited Standalone and Consolidated financial results of the Company for the Quarter ended June 30, 2026, have been published.
- Fixed Book Closure Dates From September 22, 2026 To September 28, 2026 (Both Days Inclusive)
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Intimation Of Ensuing Annual General Meeting Scheduled To Be Held On September 28, 2026
- 38th AGM on 28 September 2026; book closure 22-28 September; remote e-voting from 24-27 September.
- Unaudited Standalone And Consolidated Financial Results For The Quarter Ended June 30, 2026
-
Board Meeting Outcome for Outcome Of Board Meeting Held On 14.08.2026
- Board approved Q1 FY27 results, set AGM for 28 Sep 2026, and fixed book closure dates.
Annual reports
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Annual Report 2025
from bse
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Annual Report 2024
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Annual Report 2023
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Annual Report 2022
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Annual Report 2021
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Annual Report 2020
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Annual Report 2019
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Annual Report 2018
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Annual Report 2017
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Annual Report 2016
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Annual Report 2015
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Annual Report 2014
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Annual Report 2013
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Annual Report 2012
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Annual Report 2011
from bse
Business Overview:[1][2]
VSL is the flagship company of Edible Oil Division of Data Group of Companies. It does processing of crude and refined edible oil, Vanaspati Ghee and mustard oil cake from mustard seeds and sells De-oiled cake (DOC); a by-product produced through further processing of mustard oil cake. It also sells refined blended edible oils. Apart from this, company deals in Bone China Crockery, Ceramic Gift items, High tension Porcelain Insulators and Wind Power generation