Vishnu Chemicals Ltd
Incorporated in 1989, Vishnu Chemicals
Limited is in the business of manufacturing, marketing and export of Chromium chemicals and Barium compounds across the world.
Located in Hyderabad, the company is serving more than 12 industries across 57 countries globally.
- Market Cap ₹ 1,651 Cr.
- Current Price ₹ 276
- High / Low ₹ 434 / 203
- Stock P/E 15.1
- Book Value ₹ 46.2
- Dividend Yield 0.14 %
- ROCE 22.7 %
- ROE 25.0 %
- Face Value ₹ 2.00
Pros
- Company is expected to give good quarter
- Company has delivered good profit growth of 64.8% CAGR over last 5 years
Cons
- Promoters have pledged 36.1% of their holding.
* 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
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
287 | 329 | 325 | 352 | 418 | 463 | 439 | 562 | 668 | 571 | 573 | 907 | 1,174 | |
236 | 274 | 269 | 288 | 339 | 378 | 379 | 492 | 585 | 504 | 512 | 779 | 988 | |
Operating Profit | 52 | 55 | 56 | 64 | 79 | 86 | 60 | 70 | 83 | 67 | 61 | 127 | 185 |
OPM % | 18% | 17% | 17% | 18% | 19% | 18% | 14% | 12% | 12% | 12% | 11% | 14% | 16% |
3 | 2 | 2 | 1 | 1 | 2 | 7 | 8 | 4 | 9 | 4 | 7 | 10 | |
Interest | 27 | 33 | 35 | 31 | 34 | 35 | 41 | 44 | 44 | 37 | 26 | 26 | 26 |
Depreciation | 10 | 11 | 12 | 13 | 12 | 12 | 13 | 16 | 18 | 17 | 17 | 19 | 20 |
Profit before tax | 16 | 13 | 11 | 21 | 34 | 41 | 12 | 17 | 25 | 21 | 22 | 89 | 150 |
Tax % | 30% | 36% | 34% | 38% | 36% | 36% | 57% | 45% | 52% | 38% | -2% | 27% | |
Net Profit | 11 | 9 | 7 | 13 | 22 | 26 | 5 | 9 | 12 | 13 | 23 | 65 | 110 |
EPS in Rs | 1.92 | 1.43 | 1.23 | 2.20 | 3.67 | 4.36 | 0.90 | 1.58 | 2.04 | 2.21 | 3.81 | 10.93 | 18.35 |
Dividend Payout % | 0% | 0% | 0% | 0% | 11% | 5% | 0% | 13% | 10% | 9% | 5% | 4% |
Compounded Sales Growth | |
---|---|
10 Years: | 11% |
5 Years: | 16% |
3 Years: | 11% |
TTM: | 81% |
Compounded Profit Growth | |
---|---|
10 Years: | 23% |
5 Years: | 65% |
3 Years: | 75% |
TTM: | 331% |
Stock Price CAGR | |
---|---|
10 Years: | 41% |
5 Years: | 28% |
3 Years: | 117% |
1 Year: | 25% |
Return on Equity | |
---|---|
10 Years: | 12% |
5 Years: | 12% |
3 Years: | 15% |
Last Year: | 25% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Sep 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
59 | 59 | 59 | 59 | 59 | 59 | 12 | 89 | 89 | 89 | 89 | 89 | 12 | |
Reserves | 31 | 40 | 47 | 60 | 79 | 101 | 78 | 88 | 106 | 115 | 139 | 204 | 264 |
168 | 158 | 142 | 160 | 177 | 197 | 298 | 284 | 260 | 244 | 253 | 237 | 273 | |
153 | 192 | 211 | 194 | 224 | 272 | 264 | 347 | 330 | 307 | 300 | 317 | 274 | |
Total Liabilities | 364 | 402 | 412 | 425 | 492 | 582 | 653 | 730 | 708 | 679 | 704 | 770 | 822 |
203 | 193 | 206 | 196 | 186 | 181 | 271 | 332 | 323 | 315 | 364 | 375 | 368 | |
CWIP | 24 | 42 | 32 | 36 | 44 | 62 | 54 | 7 | 16 | 27 | 3 | 3 | 9 |
Investments | 0 | 0 | 0 | 0 | 0 | 2 | 6 | 5 | 7 | 7 | 6 | 7 | 11 |
136 | 167 | 173 | 192 | 262 | 338 | 323 | 386 | 362 | 330 | 331 | 385 | 434 | |
Total Assets | 364 | 402 | 412 | 425 | 492 | 582 | 653 | 730 | 708 | 679 | 704 | 770 | 822 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
28 | 51 | 58 | -3 | 13 | 39 | 72 | 78 | 93 | 35 | 49 | 87 | |
-10 | -28 | -14 | -7 | -9 | -26 | -94 | -29 | -19 | -14 | -36 | -34 | |
-23 | -21 | -44 | 7 | 1 | -13 | 23 | -49 | -75 | -17 | -17 | -53 | |
Net Cash Flow | -4 | 2 | -1 | -3 | 5 | -1 | 0 | 0 | -1 | 3 | -4 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2011 | Mar 2012 | Mar 2013 | Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 62 | 55 | 47 | 65 | 78 | 88 | 71 | 89 | 68 | 51 | 66 | 69 |
Inventory Days | 165 | 187 | 213 | 205 | 230 | 304 | 286 | 218 | 207 | 265 | 265 | 143 |
Days Payable | 173 | 202 | 199 | 108 | 117 | 210 | 213 | 210 | 147 | 175 | 180 | 136 |
Cash Conversion Cycle | 54 | 39 | 60 | 162 | 191 | 182 | 144 | 96 | 127 | 140 | 151 | 76 |
Working Capital Days | -1 | 10 | 21 | 104 | 128 | 110 | 55 | 80 | 74 | 84 | 99 | 68 |
ROCE % | 17% | 18% | 18% | 20% | 23% | 23% | 14% | 14% | 15% | 13% | 10% | 23% |
Documents
Announcements
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Update on board meeting
24 Jan - The Board Meeting to be held on 30/01/2023 has been revised to 10/02/2023 The Board Meeting to be held on 30/01/2023 has been revised to …
- Compliances-Reg. 39 (3) - Details of Loss of Certificate / Duplicate Certificate 24 Jan
- Board Meeting Intimation for Approval Of Unaudited Standalone & Consolidated Financial Results Of The Company For The Third Quarter Ended 31St December, 2022 And To Consider A Proposal For Obtaining An Enabling Resolution From The Shareholders For Fund Raising By The Company 23 Jan
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Announcement under Regulation 30 (LODR)-Newspaper Publication
23 Jan - Read with Schedule III Part A Para A of SEBI (LODR) Regulations, 2015, we enclose Copy of letter sent to the shareholders and Copies of …
- Intimation Of Death Of Mr. P Anjaneyulu, Chief Financial Officer & Key Managerial Personnel Of The Company 21 Jan
Annual reports
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Financial Year 2010
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Concalls
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Nov 2022Transcript PPT
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Aug 2022TranscriptPPT
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May 2022Transcript PPT
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Nov 2021Transcript PPT
Products & Usage: [1]
The company deals in two compounds which are
Chromium Compounds:
The company is the leading manufacturer in India & South Asia for Chromium compounds. The key raw material constituting more than 60% combined are Chrome Ore and Soda Ash while others are derivatives.
a) Sodium Dichromate: It is a strong oxidising agent and a source in preparing chromium based derivatives
b) Basic Chromium Sulphate: It is majorly used in the leather industry for tanning and processing
c) Chromic Acid: It is used to manufacture metals and plastic coatings
d) Chrome Oxide Green: It is used as an inorganic pigment in paints, architectural coatings, plastics, roofing tiles and ceramic tiles
e) Sodium Sulphate: It has varied range of application in daily life
f) Potassium Dichromate: It is an oxidising agent used in variety of applications such as manufacturing of matches
Barium Compounds:
Company has ~40% market share of the Barium Carbonate in India. The key raw material is Barytes.
a) Barium Carbonate: It is used in the manufacturing of electro-ceramic materials, glazes, bricks, frits and enamels.