Vinyas Innovative Technologies Ltd

Vinyas Innovative Technologies Ltd

₹ 725 1.97%
13 Dec - close price
About

Incorporated in 2001, Vinyas Innovative Technologies Limited provides design, engineering, and electronics manufacturing services[1]

Key Points

Business Overview:[1][2]
VITL is an ISO 9001:2015, AS 9100-D and ISO 13485:2016 certified company involved in designing, engineering, and electronics manufacturing services (EMS) for the original equipment manufacturers and original design manufacturers (ODMs) in electronics industry. Its key product is printed circuit boards (PCBs). The company provides end-to-end solutions including design for manufacturability, supply chain management, PCB assembly and advanced test solutions, product integration, Testing and Box Build Assemblies, and after-market support to OEMs and ODMs.

  • Market Cap 912 Cr.
  • Current Price 725
  • High / Low 1,442 / 510
  • Stock P/E 54.6
  • Book Value 107
  • Dividend Yield 0.00 %
  • ROCE 19.5 %
  • ROE 17.6 %
  • Face Value 10.0

Pros

Cons

  • Though the company is reporting repeated profits, it is not paying out dividend
  • Promoter holding is low: 29.4%
  • Debtor days have increased from 78.1 to 101 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: Electronics Industry: Electronics - Components

Loading peers table ...

Half Yearly Results

Figures in Rs. Crores

Sep 2022 Mar 2023 Sep 2023 Mar 2024 Sep 2024
114 121 137 180 150
104 110 124 161 133
Operating Profit 10 11 14 19 17
OPM % 9% 9% 10% 11% 11%
2 3 3 1 1
Interest 6 7 7 6 6
Depreciation 1 1 1 1 3
Profit before tax 4 6 8 13 8
Tax % 28% 26% 27% 26% 17%
3 4 6 10 7
EPS in Rs 6.08 7.71 5.58
Raw PDF

Profit & Loss

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 TTM
150 205 208 235 317 329
138 192 196 214 284 294
Operating Profit 11 13 12 21 33 36
OPM % 8% 6% 6% 9% 11% 11%
1 1 4 4 4 2
Interest 8 9 12 13 14 13
Depreciation 3 3 3 2 2 4
Profit before tax 1 2 3 10 21 22
Tax % -13% 28% 60% 27% 26%
1 1 1 7 15 17
EPS in Rs 12.20 13.29
Dividend Payout % 0% 0% 0% 0% 0%
Compounded Sales Growth
10 Years: %
5 Years: %
3 Years: 16%
TTM: 28%
Compounded Profit Growth
10 Years: %
5 Years: %
3 Years: 120%
TTM: 68%
Stock Price CAGR
10 Years: %
5 Years: %
3 Years: %
1 Year: 44%
Return on Equity
10 Years: %
5 Years: %
3 Years: 15%
Last Year: 18%

Balance Sheet

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024 Sep 2024
Equity Capital 4 4 4 4 13 13
Reserves 26 27 28 42 116 123
59 94 96 86 97 94
93 60 94 84 84 61
Total Liabilities 182 185 221 216 309 290
17 17 15 13 42 40
CWIP 0 0 0 3 0 0
Investments 0 0 0 0 0 0
165 168 206 200 266 250
Total Assets 182 185 221 216 309 290

Cash Flows

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
15 -2 12 12 -28
1 -2 -1 -3 -28
-10 3 -9 -10 65
Net Cash Flow 6 -1 2 -2 9

Ratios

Figures in Rs. Crores

Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Debtor Days 65 52 100 33 101
Inventory Days 366 205 247 211 166
Days Payable 207 80 130 71 74
Cash Conversion Cycle 225 177 217 173 193
Working Capital Days 160 143 145 137 181
ROCE % 10% 11% 18% 19%

Shareholding Pattern

Numbers in percentages

Mar 2024Jun 2024Sep 2024
29.38% 29.38% 29.38%
0.03% 0.03% 0.03%
3.24% 2.77% 2.75%
67.35% 67.82% 67.84%
No. of Shareholders 8541,0661,478

* The classifications might have changed from Sep'2022 onwards. The new XBRL format added more details from Sep'22 onwards.

Classifications such as banks and foreign portfolio investors were not available earlier. The sudden changes in FII or DII can be because of these changes.

Click on the line-items to see the names of individual entities.

Documents