Vinyas Innovative Technologies Ltd
Incorporated in 2001, Vinyas Innovative Technologies Limited provides design, engineering, and electronics manufacturing services[1]
- 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
Half Yearly Results
Figures in Rs. Crores
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% |
Documents
Announcements
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Clarification - Financial Results
11 December 2024 - Exchange has sought clarification from Vinyas Innovative Technologies Limited for the quarter ended 30-Sep-2024 with respect to Regulation 33 of the SEBI (LODR) Regulations, 2015. …
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Bagging/Receiving of orders/contracts
3 December 2024 - Vinyas Innovative Technologies Limited has informed about Bagging/Receiving of orders/contracts
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Outcome of Board Meeting
14 November 2024 - Vinyas Innovative Technologies Limited has informed regarding Board meeting held on November 14, 2024.
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Financial Result Updates
14 November 2024 - Vinyas Innovative Technologies Limited has submitted to the Exchange, the financial results for the period ended September 30, 2024.
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Board Meeting Intimation
11 November 2024 - Vinyas Innovative Technologies Limited has informed about Board Meeting to be held on 14-Nov-2024 to inter-alia consider and approve the Unaudited Financial results of the …
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.