Vinyas Innovative Technologies Ltd
Incorporated in 2001, Vinyas Innovative Technologies Limited provides design, engineering, and electronics manufacturing services catering to global OEM and ODM Manufacturers in Electronic Industry.[1]
- Market Cap ₹ 895 Cr.
- Current Price ₹ 711
- High / Low ₹ 790 / 314
- Stock P/E 89.9
- Book Value ₹
- Dividend Yield 0.00 %
- ROCE 17.7 %
- ROE 19.1 %
- Face Value ₹ 10.0
Pros
- Debtor days have improved from 61.6 to 32.6 days.
Cons
- Company has low interest coverage ratio.
- Promoter holding is low: 29.4%
- Company has a low return on equity of 9.56% 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.
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 | TTM | |
|---|---|---|---|---|---|
| 169 | 205 | 208 | 235 | 258 | |
| 157 | 194 | 196 | 214 | 234 | |
| Operating Profit | 12 | 11 | 12 | 21 | 24 |
| OPM % | 7% | 5% | 6% | 9% | 9% |
| 0 | 3 | 4 | 4 | 5 | |
| Interest | 8 | 9 | 12 | 13 | 14 |
| Depreciation | 3 | 3 | 3 | 2 | 2 |
| Profit before tax | 1 | 2 | 3 | 10 | 14 |
| Tax % | -13% | 28% | 60% | 27% | |
| 1 | 1 | 1 | 7 | 10 | |
| EPS in Rs | |||||
| Dividend Payout % | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 12% |
| TTM: | 13% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 77% |
| TTM: | 634% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | % |
| 1 Year: | % |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 10% |
| Last Year: | 19% |
Balance Sheet
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Sep 2023 | |
|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 9 |
| Reserves | 26 | 27 | 28 | 42 | 78 |
| Preference Capital | 0 | 0 | 0 | 0 | |
| 59 | 94 | 96 | 86 | 104 | |
| 93 | 60 | 94 | 84 | 66 | |
| Total Liabilities | 182 | 185 | 221 | 216 | 258 |
| 0 | 17 | 15 | 13 | 15 | |
| CWIP | 0 | 0 | 0 | 3 | 3 |
| Investments | 0 | 0 | 0 | 0 | 0 |
| 182 | 168 | 206 | 200 | 239 | |
| Total Assets | 182 | 185 | 221 | 216 | 258 |
Cash Flows
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| 15 | -25 | 12 | 17 | |
| 1 | -2 | -1 | -3 | |
| -10 | 26 | -9 | -16 | |
| Net Cash Flow | 6 | -1 | 2 | -2 |
Ratios
Figures in Rs. Crores
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | |
|---|---|---|---|---|
| Debtor Days | 58 | 52 | 100 | 33 |
| Inventory Days | 291 | 238 | 247 | 211 |
| Days Payable | 164 | 93 | 130 | 87 |
| Cash Conversion Cycle | 185 | 197 | 217 | 156 |
| Working Capital Days | 142 | 143 | 145 | 137 |
| ROCE % | 10% | 11% | 18% |
Documents
Announcements
Annual reports
No data available.
Business Profile[1] Co is an an integrated electronic manufacturing services provider offering **Build to Print (B2P) and Build to Specification (B2S) services to clients. **